Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-04-28
THE TREND OF TRADE
Still Rsmslas 81 Z Dlsesaralisg
charaetsr.
THE DEMAND Fos woei. AND corroM
Moderate Ia al Markets. With the Odds ID
Favor Of Buyss-Ths lroa Irads
Quiet and tSs Feeling Amsag
Operators Unsettled.

NEW YoRK, April 27.-Rsports received
at Bradstreet's agency show that The weeks
Developments in Wholesale trade circles
have not been Of an encouraging character.
The distribution Of manufactured goods
has been fair, but there has bssn very
little real activity In any department.
Buyers are cautious, and seldom antidpoee
rsepirsnenta Rrpak Aszt.a -aeoRlu(ls.
&nted 81 imGli a 6if depoktnsatE -
there Is nsthlns In the general oonditiss
and surroundings OF trade 10 indicate my
improvement In this respect for some Tins
to come. The industrial situation and
outlook show little change. A feeling Of
caution prevails in manufacturing circles.
and production 10 being curtailsd to some
extent, particularly In textiles Exports
OF breadstuffs have increased, but the riss
in prices within few days past has again
checked demand. The outward movement
Of other staples continues light The spec.
ulative markets have been rather q aiet and
generally declinipE except for grain,
which has been active at advancing prices.
The weeks failures number ls9, - against
l76 last week-an increase OF eight Ia the
United States and five In Canada The
failures In Canada, though not numerous
include some large houses both In Quebec
and Ontario.
The copsumptive
Demand tor Cotton and Wesl
has been very moderate in all msrksts.
Prices have ruled firm on cotton, but WOOL
has inclined slightly in buyers favoss
owing to the dull trade In its man ufactursd
products and the nearness Of the new clip.
Shearing has commenced In Texas. but Of
other points In the South and Southwest tt
has been delayed by cold weather. There
is general expectation that prices Tor WOOL
will open about 10 per cent lover than
last year on account Of the decline that
has occurred In the interval In the seaboard
markets. There Is . stronger feeling 10
the cotton goods trade and prices shov
an upward tendency; but It Is difficult
for manufacturers' agents 70 obtain the
advances ash ed, especially on the lover
grades OF goods. The talk OF restricting
production 10 hardening the views OF hold.
rrs, but the evident necessity for this
course causes lack OF confidence On the
part Of buyers Woolen goods are selling
slowly. Nearly all mills are bshind last
year In their orders, and some curtailment
of production is Anticipated. The wooisn
and worsted yarn trade Is Sc:Sser, and
the market is, II anything, weaker than
last week, even for worsteds. !, The
anthracite coal trade 10 quiet for oil sizes
except pea, which Is scarce. The stocks on
hand are not unusually large, and the ~
striction OF mining 10 keeping the surplus
down. There 10 no demand from the East,
although movement In that direction 70
expected next month. The South Will not
n eed any coal until June. Therears "cuts'
Of IS cents per ton on prices of inferior
coal, but best quail lies and sirss are h,s..
tisn IeeIing prevails with regard 10 the
future Of prices that checks buying In ad-
vance OF near requirements.
The speculative Iaterest n Drain
has csntered in wheat, and the dealings
have been on q large scale In oil markets.
As compared with . week ago prices
are &c higher In Chicago aud 697c higher
in New York and Philadelphia. These
figures show q general recovery OF i2c 70
lic from the lowest rates touched on this
crop few weeks ego, and prices are now
within Sc OF the point at which the previ-
Gus "buli panic" was insugurstsd In chi:
cseo. The upward tendency was started
by the increased takings OF exporters at
| he recent low prices and the general
falling oil in the rrcripts In primary mar.
| kets; but legitimate influences In favor OF
higher prices have apparently spent their
| force, end the market 10 nov under msnip'
| ulation. The advance Of the past few days
| Las been the direct result Of speculatioo,
| there is little or no buying BY shippers,
| kept TO Rll engaged freight room. Pres
| mt stocks aboard are represented - ample
| for near wants, and - next crop deliveries
| can be bought below current prices thsre
| seems 10 be little prospect of rem wed ex'
| mort buying except at some decline from
| ruling Quotations The larger outward
| movement and decrease In farmers dsliv.
| cries bave caused further reduction VI
| I 7lO OO0 bushels In the United Statss' visit.
| bic ,rppIy, snd the stock In sight " over
| $4,000 bushels smsller than . week agp.
| owing 10 q decrease Of $4,000 bushels in
| the amount ahost fer Great Bri'sln ane
| the Continent Crop reports. % rule. ere
yeYy encouraging, although there has been
Some Delay ts Spring wheat
| seeding consequent upon cold and wei
weather In the Northwest. The condition
| Of the plant has much improved In I'LL.
nois, and Kansas reports indicate the lar
| gest yield In the history Of thst Stats. Call
fornis scrssge bs peen largely inoresstd.
| and there Is every promise of IN unpfeced'
ented crop. Spring plowing has oommsno.
| cd In soms psrts Of the corn belt, bu'
| planting. IS 9 general thing. hss been de-
iaysd BY unfsvorsble weather. Receipt
| OF corn continur very light at oil points
| and there IL o brisk coDsunptiye and MOD
| crate sIport demsnd. Prices are 2 cent
| higher IN the Esstsfn markets End about
| cent higher In Cbiczgo. but there 10 mol
| much speculative uA0 ng, and the strength
| Of the market IL mt!nly from sympathy