The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-09-23

oil 1851 II d,UOl ,ssU tOlls lshllot TtAoo,-soI
In the first half OF lSS3--a net decrease In !
make Of l47, 005 tons. ~.
The stock OF pig Iron OIL Dec. 3si. lss5,
The production Of pig Iron the frt ball OIL ~ y
1881
ro,n, 6lod,isi
Deduct socI al June JOth, lSsi.:......+...ll2S,sS
Total consumption Of ply Iron tODOih Of
lclng ut tho rate. per annnn Of. 7edl, W
Asars M actual consumption In lss3 oi-b'ai9,,an
Showing II decrease at that ra,s per an. %.
mum as''gso
The quantity OF iron changing hunds Is
only small. The total Imports from Cleve-
land too have decreased so iar this year
by 1893 tons, only lG9, l05 tons having
been received. The exports from Glasgow
lust week amounted to $3.50 tons rs com.
pared with l,44 tons in tho correspond
Ing week OF last year. OF this total the
United States took ! ,l50 tons and Canada
LILO tons. Fair quantities OF iron are also
being used as ballast by Atlantic steamers.
The demand from the continent Of Europe
is small. ) The north Of England pig trade
has shown no improving symptoms what
over this week. Everything Is as dull as
can be, and the outlook no brighter, So
far rs can be estimated, however, il slight
squirt may be looked for in tho autumn,
when the continental makers and con-
sumers aregetting in their winter supplies.
The demand for iron on all hands is re-
luced to minimum, for makers in the
comb mutton will not quote less than u.s.
for No 3, and buyers will not give more
than what merchants and outside makers
are willing to take, viz, 36s. 81. Connal's
warrants arc unsaleablc Mt Us. I'd The
stock in stores is 5j,DS9 tons. The manu-
| featured iron trade is in an unsatisfactory
condition, with little demand, and decrcas.
ing promise for the future, MS exempliiicd
by the notice to reduce wages by . per-
cent. The barrow pig trade is unaltered.
The demand does not improve and pros
poets do not get brighter.
The close OF the second month OF the
{. quarter brings diminution Of orders in
the iron and steel trade. Yet there is n
more cheerful tone prevailing In CONNER,
cial circles, owing in large degree to tho
splendid harvest which has now been
gathered in. 81
There is more enquiry for Bessemer
steel. but competition Is so keen that prices
are almost unremunerativc. Two or three
DAYS per week is now the rule Mt tho cast
steel works, so great is the dearth Of orders
experienced BY the crucibie makers. The
fact too that the Bcssemerl makers are
turning more attention to the manufacture
OF steel for cutlery purposes, adds largely
to the discomfort.
No change is manifest in the pig iron
: market OF StafIor,lsliire. In spite OF the
recent great curiailment Of production
stocks are heavy and increasing.
United States business is happily not a
sample OF the general shipping business
experienced in the midlands Not few
orders placed in the spring OF the year by
merchants on account OF United States
have been suspended or countermanded.
One Of the lesser industries in which a
good business used to be done with your
side was the manufacture Of tray blanks
from thin sheets, which are now about
ella ton. Now there is scarcely anything
doing for America.
Manufacturers in South Wales are bank.
ing their hopes upon the future. They
have given up all thoughts OF IN ea1y i'm
provement in trade and appear resolved to
bide their time.
The tin plate trade is tolerably quiet.
The American demand continues good,
and direct expectations from Swansea 10
New York are probably larger now than
they have been fQI months. One or two
large ocean-going steamers leave this port
every week, tin plates for the United
. States forming the largest portion OF the
cargo. Is!
However unsatisfactory may be the re.
turns touching the make in Great Britain
: OF steel and iron, compared with the cor.
, responding period Of n year ago, it is mani.
fest that we are sending away, in larger
quantities than heretofore, one OF the
neccssarics for the production Of these
, metals beyond our own shores. ID,
1t is clear that low freights have, COM
!, bined with the greater enterprise OF lore.
ign consumers OF metals and OF fuel for
power uses, to augment the business which
our exporting colleries are doing. 81
Observe that the English manufacturer
looks to the United States-the best. mar.
ket in the world-to see what chance lie
has here; that prices arc low almost. be-
yond precedent; that there is n restriction
OF product in the hope Of putting up
prices; that labor, which has been freely
and frequently cut, is to be cut again, in
order 10 enable the. manufacturers to dc
business at all; that labor Is threatening
resistance, not willing to be driven nearer
to starvation, and that in spite Of bounti.
full harvests there is slight prospect Of bet
ter times in the near future.
Let the Democratic stumpers DO asked
to account for this OIL the eternal princi-
pies" Of their political economy. And let
Americans ask themselves whether. those
men are honest and fit to be public teach.
ers who dwell with morbid satisfaction on
trade depression in their own country and
pass over in silence the more serious de-
f.