Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-12-15
THE WEEKS REc0aD.
stilI a Very Gloomy .Businsss
OutiOok.
A LARGE NUMBER or FAILURES.
A Review Of the Trade Situatisa To.
gether With a List Of
the Failures.
BIG COLLAPSE IN NEW Yoak.

NEW YoRK, December l4-Special die.
patches to Bndstreet's from leading trade
centers report the holiday purchases arc sx.
hibiting contrast with the inactivity pre-
viously, yet the volume Of such sales Is a.
most uniformly below the total for 1888.
Aside from the continued frmness in the
New England cotton goods markets, due 70
the recent firmness in the price Of raw cot
ten, and with the execution Of slightly
improved distribution Of goods at Boston,
Memphis, Wilmington, and Savannah, gen
eral trade ut all points 10 at - low an ebe
as ever. A more conspicuous feature q
found in the long continued and proaounoed
dullness of mercantile collections. This 10
reported. in almost all directions Rates Of
exchange on New York at interior points
have declined in most instances.
There ID no gain ia the industrial situa-
The Principal Strikes
are those in Connecticut (hattcrs) Yonkcrs,
New York, and Philadelphia (carpetweav-
ers), at Pittsburg (cosl miners and flint
glass manuiacturers), Hooking Valley local
miners), and in Iowa local miners). la oil
lines OF manufacturing wages continue 70
go lower, in SOLO per cent. drops. Actual
stoppsges Of factories and mills are less fre'
0uent, but conspicuous
The price Of staples in the week have in
the main tended downward. Iron has set.
tied more firmly to the basis Of $ls for No,
|, 81 for No. 2, and $l6 for forged iron.
drop Of a. per ton since December
1883.
Coal is duller than last week on account
of the approach Of the close Of the year. the
indecision OF operators Is TO their policy for
mining in 1884, the open weather, and the
reluctance OF buyers to take bold on droop-
ing market; meanwhile coal is 81 or more
per ton (nearly 20 per cent higher than in
1879.
In the dry goods market buyers Are
placing orders with increased conn.
dence, and sellers are 6rmer, but specu.
lative activity is checked BY reason Of
tho conservative outlook for the retail
trade.
Cotton goods. under the influence Of do.
creased stock and higher cost OF cotton,
show an advancing tendency. Cotton 10.
lures have been excited and auctuated
widely, gaining IN important advance, and
later, under free selling to realize, fell back
10 a lower level.
Wool bss been moving quietly at genef.
ally unchanged prices.
The Weeks Record.
There were 3l6 failures in the United
States reported to Bradstrcets during the
week against 29G in the preceding week,
and 2iy, 230 and l65 in the corresponding
weeks of 1883, 1882 and 1891 respectively.
About 81 per cent were those OF small
traders whose capital was less than 5000.
Among those reported embarrassed were;
Opdyke 4 CO., bankers; II. j. Goodwin 4
Co., Wholesale woolens; Geo. Is. Skinner d
Co., silk manufacturers, New York city;
Wilkinson 4 Co, bankers; Wcstcott 4 Co.
brokers, and 8. ID. Richardson, dry goods.
Syracuse, New York; Peter r. Mitchell 4
Co., bankers, Schenevus, New York;
w. 4 +. Ii. Whittemore, oils, Boston and
the J. !. Case Plow Company, Racine, Wis.
In the principal trades they were as follow:
General stores, IS; grocers, 80; liquors. 20;
manufactures. ls; clothing and cloth, Is;
hardware and agricultural implements. Is;
shoes, l3; grain, flour and millers. u 70
bacco and cigars, IL; dry goods, 10; fancy
goods, 8; furniture, 8; jewelry, 8; drugs. s;
lumber and materials, 6; millinery. 8; hats.
s; bankers and brokers, 4; hsrness. 4;
mems furnishing goods, 4; printsrs aud
stationsrs; produce and provisions, 4; hotels
ard restaurants, 3; bakers and confection.
ora