Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-07-05
BRApsTRsETs WEEKLY REVIEW.

A Falling on In Trade Generally. from
Last week--Improvement In the Dry
Goods Trade.
New York, July The distribution Of
general merchandise throughout the United
States during the past week, as reported by
telegraph to Bradstreet S, has been in gen.
eral Of smaller proportions than in the pre-
ceding week. This was to be expected,
with practically two holidays to cut down
the transactions Of the opening week in
July.
The money markets throughout the in
terror have not relaxed any Of the stringency
noted week ago
In industrial lines number of iron mills
will shut down at variods points for week;
also several textile mills in New England.
Cotton cloth mills in Massachusetts, are said
to be producing goods at positively no profit
other than keeping their machinery run.
ming and in order
There is continued agitation for strike
among the anthracite miners, and in the
Hooking Valley, Ohio, some six thousand
men threaten to 60 out II their wages are
reduced
u NE Wcdtncr IN the
Wheat and Corn
growing regions continues 10 favor these
crops, while Ohio and Indiana will not pro-
duce their full average quotas Of wheat
Railroad officials say that if present crop
prospects are realized, the leading Western
lines will have more business than they can
handle, as the grain crops in Illinois, Iowa,
Kansas, Missouri, Minnesota and Dakota
will far exceed any proceeding year.
These statements are strongly sup
ported by leading Chicago mercantile and
manufacturing firms who have csnvassed
the situation. Wheat on Thursday WAS
quiet aud business moderate. closely con.
fined 10 local operators, who were closing up
trades The weather al home and abroad
and weak cables depressed prices Of wheat
earlier in the week, which subsequently, ad.
vanced on covering by shorts and increased
purchases for export. The decline ON the
week was cents per bushel on No, 2red,
which closed for cash al 99icts Indian
corn was not strong aud followed wheat
up and down, with loss on the five DAYS
Of / cent, No mixed closing AZ co.
cents.
Pork is still cornrred at Chicago by Ar
mour and prices are nominal.
Lard is firmer; the shipping and specula-
tive demand is small Buying is mainly by
the shorts. Short ribs are firm.
There is no change in iron, which is dull
and low Dealers do not look for much, if
any, gain before August |.
Anthracite coal has met with increased
demand, owing to the prolonged restriction
Of production and higher prices.
Petroleum Certificates
have lost 3c per barrel on the week. The
depression is due to the heavy deposit dis
covered at Wardwell, Warren county, Pa,
to the failure of the movement to restrict
production and the enormous stocks above
ground.
The dry goods trade with agents shows n
slight improvement and prices are well sus-
tained. Trade with iobbers has been quiet
Cotton futures hive been fairly active
Pr;ces show an advance of from 7 to l6
points for all months Spots closed at III
cents Receipts at ports were 1854 bales,
against II ,s39 bales last year. Exports
were Is, 80 bales, against i3,Ols bales last
year.
The general demand for
Wool
has been very moderate, and buyers have
retained the advantage in all markets.
There were li6 failures in the United
States reported to Bradstreets during the
past week, as compared with lj2 in the
preceding week. and with 1876, 80 and ij
respectively in the CORES ronding weeks Of
1883. l-S2 and 1881. about - per cent
were those OF small traders whose capital
was lcs, than $1,000 Canada had ~, n
decrease of 3.