The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-05-12
NO IMPROVEMENT
IN THE CONDITION OF TRADE.
Tho Prolonged Cold Rains Exercising Depressing
ER'et on Sus!u.ss-fho isrssa.tpir AVID Pro.
Vision Aslkst-lron Qaist and Dul-ln
AlmoH Fea;urc,esi Wopl Trsd,.

| New foRE, Atny lO.-The general trade
nisna,lon throushou. tho United States, M
characterized by special ieiegrama to Brad.
streets from leading cltieH, shows no Gle.
ments of'improvement In q few sections
oil tho South Atlantic States and in tho
soushwoat slightly better tone to trade Ia
reported. In the new Northwestern States
natural excess Of activity in tho mer.
chandiso movement 10 noted, but tho
record, as compared with last year, che,
no such gain az was made in 1855 aeain.t
tho first quarter in the preceding year.
Tho prolonged cold rain has extended
over all the Central Western and Eastern
states, and has exercised a depressing
elect on interior trading, rs well as delay.
Ing farm work. u.
nREADsTuFfs AND PROVISIONS. ~
Bradsiretts Chicago aIlvices at tho closo
Of yesterdays market were that wheat was
moderately active. Itopened tho week on
hne weather, good crop REPORTS and lower
New York and Liverpool quotations.. II
soon became firm on ropor,s OF larse sales
there lor export to England, which caused
Tree covering by the shorts. Prices nd.
vancGd C. When the shorts wero cover
ed and scalpors weso filled, buying was
slow, outside ordera being small. 1t is Gus.
pected That the reported aales wero started
by large bulls, who are staggering under n
heavy load and are shipping whea. to keen +.
the market. Corn at Chicago WAS firm and
advanced lie yesterday on buyipr bv
ahorls, who were uneasy owing 10 the small
receipts and decided to closo up. There il
growing tendency among Chicago grain
operators to curtail speculation, mt many
have entirely withdrawn to await ,leyeiopS
nenls. Much uneaantss .Was felt as 10
llai,s in New York. Provisions ri Chi
cago Were liIeless, and prices supported by
bulls who hold the stocks and dare not
allow a decline. Shippera and outside
speculators are idle. Hogs ars arriving
Freely at the west and prices arc weak,
Dry goods ut first hands have been quiet
and the movement moderate and prices are
irmly held. Jobbers havs had dull
week. w. 80.
FAILURE RECORD.
There were l32 failures in tho United
States reported to BradSirees during the
past week, as compared with ISL in tho
week, and with ll0, lis and 81
respectively in the corresponding wceks of
1883, 1852 and 1881. About 81 percent
we're those Of small traders whose cSpi,al
was less than s. 900, Canada hal %
decrease of /. ..la 5,
The market for the past week has been
quite as dull as that Of the seven days pre-
ceding. Tho defeat OF the tariff bill has
not been followed by Oh increased demand.
as some had predicted. Attho central and
iron centers some additional
tirmness in prices is reported, but there is
no better requeat. Here at the east stocks
are as low rs ever. There is enough iron
on hand to meet current wants at the pres.
ent moderate rate OF consumption, but any
lncreaHe in the requirements wonld ueces.
state An advance In prices. Quiet and
dull but hrm are the quotations. No. | Y
and gray torge pig irons are the scarce I
brands, while supplies OF No. . y are plrn-
tliul. Arriva ls OF Scotch pig have been a
little below the average, Say 1900 tons, Il
small portion Of which was stored, SaIea
ol Scotch iron are made with difficulty. and
none are said to be now making at profit.
Bar and structural irons are dull and M
changed in price. There are no new lea.
lures in steel rails.
't l..-ls WOOL.
Z DosToS, May 10.-The 4tdvetiscr, in its
weekly review OF the wool market, says:
"rhe market on the spot is practically
almost featurelesa, as is usual at This
season, and We have to turn to the country,
where the new clips are being collected,
and to London, where tho quarterly sale
continues, to find anything OF interest.
Dealers are anxious to close up old wool
before tho new comes forward, but selec-
lions are much broken, and it is BUYERS
rather than sellers market. This ia also
customary condition with tho season.
The hope is freely encountered that now,
that tho tariff agitation il over ior this
Congress and year business will improve.
A very noticeable Tact is that the demand :
at the London Bales Oh Wednesday was
cabled very brisk, with aales at full open.
ing pr!cee, ard that crcss.breds were Id.
higher. This is certainly net upon Ameri.
can ordera, but ia believed 70 bo caused by
purchases by manufacturers on the other
side. based upon the reports Of the severe
drouth in Australia, which il said 10 be
more severe than any since 1913. This hsa
encouraged holders OF Australian wool
here, and u better inquiry was noted TO-
day. No Australian wool will be sent from
here 10 London for the present. Dealers
approach the new clip with considerable
indifference, and it nov looks "a il the
buying by our dealers in the country will
be less than usual; hence, moro wool will
come forward in commission"
Whit Dry ROtDsd. ss ~
TUcsoN, AElz., May 10.-Hudson & Co.,
bankers at Tombstone, made an assign.
ment laat evening to Y. D. Stiles; the firm
is compoeed OF Charles Hudson and James