The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-09-08
STATE OF TRADE.
MODERATE IMPROVEMENT NOTED
In the Movement OF General Merchandise.
Drcalatnfls md Provisions-Iron Dull Y
and Without New Fonturcs-Tle 2.
Wool Mnrk0t--Thc Coke Trade.

Urcaustnns ma PrOvisi0ns-Iron Dull
and Without New Font,,rcs--Tho IS
Wool lMnrkot--Tllc Coke Trade.
NEw,YonE, September G.-special telc
grams to Bradstreet's from leading trad
ccntcrs point to u moderate improvement
In the movement OF general merchandise
ut few cities other than those previousl,
mentioned. Now York City, however, Il
not ono OF them, nor Is Philadelphia no
Baltimore. At Boston moderate gain II
orders in some lines Is reported. Cottor
goods ut that market are reported stifIcn
ling somewhat, rs result Of the restriction
in production. In tho East, however. the
severe hot weather has unfayorably ai.
fccted trade. At st. Louis, OH the other
hand, tho volume OF full trade Is said to be
quite satisfactory, and tho presence of nu.
incrous country buyers promises n coutin.
uancc. At Kansas City trndc is sad to be
active and in some lines brisk. Leading
Kansas cities report q fair to moderate
amount OF new business, due mainly to
local causes. Leading southeastern cities,
fsuch as Charleston, Wilmington, Sayan.
nah, state that tho fall tadc Is bcginnin.
and that 1t Is fairly satisfactory, From
Chicago word comes that that trade Is
dull and that sucll increases MS have been
noted have been smaller than expected.
Tho leading western money markets show
agrcater disposition to loan funds but a
smaller demand therefor. At Chicago de-
mands for loans are lighter, and country
grain holders decline to ship. =
F nREADsTurfs AND PROVISIONS.
More moneyis going west from 81. Louis,
some farmers prcicrring to borrow rather
than sell their wheat at present prices. In
the northwest farmers are unwilling to
ship their grain, but arc less able to hold
1t, being in debt and having limited
storage facilities. Bratlslrert's special Min
nesota and Dakota telegraphic advices are
that 6i,0O0,000 bushels .of wheat is none
too large, and that the quality is excellent
California crops are described as superb
Indian corn promises, ii free from frost for
ten days, the largest Weldon record, Re.
ports Of rains in the United Kingdom, n
drouth in India aud the unexnectrilv
small increase in the visible supply Of
wheat served to advance prices during the
week, so that after tho decline Of the past
iew days the gain since August 90 Is &c.
Indian corn is higher on small receipts
md scarcity OF good grades. A deal in
September and October is rumored in Chi.
cago, and option prices give color to il,
The advance for the week is 5e. proyis.
ions have lain flat since the collapse Of
the Chicago corner in pork last Saturday.
Petroleum has declined within two DAYS
on the bringing in OF heavy flowing well.
in the Balbridge field and sharp short SELL
ing. The loss on certificates OF crude is isc.
Leaf tobacco options have declined IL
Lido, but spots are reported firm. Ocean
frelghts continue dull and lower, as an eS.
cess OF tonnage is Offering. There wcre
LIS failures in the United States reported
to Bradarett's during the past week. as
compared with l69in the preceding week,
ana with H., III and G5 respectively in
the corresponding weeks OF 1883, 1882 and
lSsl: About 81 percent were. those OF
small traders Whose capital wis less t1iian
5000. Canada had IS, IN increase OF i.
IRON AND STEEL.
The Eastern pig iron market is 10 more
active than last week, when /. was report
od dN!ler than at any time previous dur
ing the year. The demand is very limited,
mills and foundries taking the raw pro-
duct in quantities needed for or,less in
hand only. Prices aro nelainally un.
changed. During the present year Low
Mloor (ViFginia) pig Iron has been shipped
to New York and into New England and
sold on the basis Of $40 por ton delivered
at Providence. This was 81 ust,er euotp:
tions (as now heidi. and was possihlv
largely ewing to low freight rates to Vii.
gin,la tideWater and to depressed poastwise
freight rates, oWiug IA the general faffinu
away IN transportation. Sales OF this
Iron were made in Is, 20 and 3o.ton lois
only, and were not regarded with alarm by
the i Eastern pig iron furnaces, ykc aual.
llty Of the Virsiln!a! iron IA called No. j,
though some cialm that it will not rank
win Eastern No. pig iron,
Now, however, tho Low AE9ap i,,rnace
has stopped making il e Iron, Which sWg:
ggfsts .that !Iere was no money in tlIe bust
ness tor the company at tho figures receiy-
ea. Al4bama iron Is gazing into New Eng.
land in 4 small waN-l0 and lSton lots, It
is shipped by rail to Norfolk, and roes
thence by coastng vessels, but It is doinr
less than Low Moor did. Eastera inrnscs
men doubt the existeEpo " my " profit III II
tlis: business es, ana point oft 'thata slish}
revival in trade William adynlinicc ~ irnjoI,s