The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-03-24
Al1.!TlA:R'..D|.,.YtSPRlNG TRADE RF'.lIl.,lIl.
PREVENrsABVslNfss IMPROVEMENT ,,IEhl.r

h A-l Anil &nfhlNG' TRADE
2 2 PREvENrsABuslNrss IMPROVEMENT
a wh'atAeti1s and Provislous r.vsrl,h aud l,resu
i ar-So Change OF Imlorlaucs In iroa-1ts3.
= Wool Market la nuy,rs Favor Tho
!. is,ss Record Of rhs Ba.ia." tAilar.t. III
! NEW YcRK, March 222.-Specisl telt.
!, grams to Bradstreti's from leading cities
, throughout the United States do not show
any Improvement rs compared with the
,, proceeding week. In fact, the delayi;n
!, the opening Of spring trade begins to To
commented on In all directions. 4 The
continuous wet and stormy wealth Or whithi
has Visited almost the entire length and
breadth Of the country Is to blame, for ii
the distribution Of general merth lnli,e
the movement had already proceeded as
far as It could in the absence Of active
trading on the part Of tho farmer and resi-.
dents Of the smaller interior towns. Bad
roads, necessary farm work aud the dis
couraglng character Of tho weather have
prevented the depletion Of stocks, and the
commercial commuaities are apparently
only awaiting the removal Of this obstacle
to enjoy q moderately prosperous spring
trade. At few points, notably Minne..
apolis, Chicago, S.. Paul and Kansas Uity,
there has been more activity than else.Sl
where. There arc no reports yet OF seri-9
GUS damage to the iall-sown wheat which
has secured attention. Oar advicss ara
that Minnesota will not enlarge it, wheat
acreage much In 1881, while u larger acre.
age 10 Dakota is confidently expected. 553,,
| DREADsrUFYs AND rRovlsIoSs. a. 4,
Wheat at Chicago was more active on
speculative account There was consider.
able buying on orders, resulting III ad.
vance, the shorts covering freely. There /.
was some export inq1iry anu liberal orders
were placed, which helped the bulls. TIE !
bears we're shy about selling. C,rn VIVA i
moderately active and weaker. The de-;
mand for futures was largely to- cover z
shorts. y There was o, gooat. Slipping -iorSs
lower grades Of oats, and IN active shipping
demand;fo cara. ere. .Wlas. III. .lnIhgs:
In futures at a slight decline. Pork at Chica!t
60 was ieverish and irregular. II opsned
10 points higher, but the demand was small |,
and it soon declined 20 points. j. Business
was c,n6asd to local .scapers. z, Ouaidsrsa
refused to trade. Lard wes dull and s Z
points lower. There was only small SCALP
ing trade. Provisions have been lower, in Z
sympathy with grain, but reacted toward 4
the close Of the week. g2giiE4
THE FAILURE RECORD. 5s. x
There were l02 failures in the United
States reported to Bradstretfs during the (
past week, as compared with 1856 in the I
proceeding week, and with 100, l18 and
III respectively, the corresponding weeks
Of 1883, 1882 and 1851. Abou. ST percent
we're those OF small traders whose capital
was lee, than $1,000. Canada had 81, a.
decrease Of l. b s.5 s;
There has been no change OF note in lie
pig iron market Prices OF American arc
firmly held. Stocks at eastern producing
points are not increasing, but tho demand (
ia moderate and there is not much activity.
Some deele-S look. for some renewal Of
orders in small way on tho approaching
opening OF, navigation, but no rush is es.
pected. On: investigation it IL found that I.
the sales Of Virginia pig iron in this aud (
New England markets, on which some EN-. /.
phasis has been laid Of late, have no sp..
cial Significance. Far is it from meaning
that the wedge Of competition between.
Southern and Northern irons las thus been 4
driven in. Here in New. York very little;
Virginia iron, indeed, has been sold; 40
little, in fact, that some large dealers,
were unable to tell anything of
such Gales. IN short, it attracted no Z,
attention whatever 80 far. 90 any eup:g
posed element of competition WAS oon.2
cerned. More has been sold in New: Eng;
land, though not a very large Qnantity NJ &
together. These shipments by co2s,ing
vessels have been going on at intervals sori
over year. The iron is cold Bno,t, and
hes been placed by agents with founders,
having special use for that quality. l. 1ws
coast freights have helped This d;stribu.ij
,ion, yet it is not claimed that the Virginia.
furnaces have made or expected 10 make I
anything by these sales c! the Esst. Com:
petition with Hooking and Shenandoah !
valley furnaces for OHIO aud. Western
trade had left some stocks on hand. Rather
than permit the Western market TO suffer
lin prices) some iron have been sent this
way-in some instances at what they
would fetch-and TINS enabled Southern
makers to hold stfiilto Weatern rates.
Even handlers in the East express their
doubts whether Virginia iIoa would
come this way with pig Sla2 per ton
higher. There have been some noticeable
orders for steel rails, but prices are still
nominally SIS. !gsjsg;it Il; I'd
i,.,ss5 WOOL. = =
BesraS, March 22.-The AdecrIivr in its
weekly review OF the wool marx 1t sayp y
Trade has been on the whole duller than
a week ago, although the sales are larger; I; /;
This sounds like bull, but it certainly is !
not in the interest Of bull movement, 50
10 speak. The sales are larger bec.,,se Of !,
the sale7 of foreign, and OF super alone J
there were G52,00O lbs s,ld, besides Cocoon
Donskoi., The Bales OF domestic wco! ara
the barometer, together with such foreign