Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1884-11-16
BRADsTREET's WEEKLY REPORT.

The Situation i'm Industries Less Encourag-
ing-Mills and Factories stopped.
NEw YORK, November l5.-The general
trade situation throughout the United States,
as reported to Bradstreet's, continues with
out animation. Wholesale merchants and
i9bbers do not report renewed buying, nor
has the very conservative method of hand
to-mouth purchasing been more than main
tanned.
In industrial lines the situation is rather
less encouraging. Iron mills at the centre
of that industry are running on half time in
a number Of instances. The trade in text
lies at Philadelphia and vicinity is very
adch depressed, and the enforced idleness
among mill employees includes about fifteen
thousand About two-thirds Of the Fall
River print mills were again idle last week,
throwing out 10000 employees, and through
New England, the Middle, Central and
Western States from day to day word has
been received of stoppages of factories aud
mills and of reduction of wages from 5 to
10 per cent.
No Change.
There is no change reported as to the
Ohio coal lockout. The general financial
situation continues to present that appar-
e1tly favorable feature, an enormous ex-
cess Of surplus funds at the banks, which in
reality reveals the amount of capital out OF
EMPLOYMENT and the accompanying falling
OF in production. Funds are no longer
coming East from the West, aud country
customers Of Western banks have ceased
sending for money, which foreshadows a
check to the rapid shipment of wheat to
market. Collections generally throughout
the country are slow, noticeably at the
West and less so in the Southwest. Iron
is dull ard unchanged. At Philadelphia
2O4 tons of Alabama pig iron have been
sold at SIS, 81 and S2 under asking prices
of PENNSYLVANIA No. pig iron. After pay
ing 81 freight from the furnace, this in
dicates net price to the makers of not
much, if ANYTHING, over Sl3 per ton.
Coal.
Anthracite coal, domestic sizes, are firm
er, but are not going off as rapidly as ex.
pected. Stocks are heavy. Manufacturing
sizes are in little inauiry. Petroleum
would have gone lower than it has except
for an oversold market. Increased flow
from the new guShers recently torpedoed
started the reaction. Crude certificates
closed Yesterday at 69Ic, against 73ic a
week ago, a loss Of 4Ic per barrel. Heavy
receipts, an unprecedently large visibly sup
ply at this date and relatively slack exports
of wheat, backed by only a moderate de-
mand, let wheat down this week an average
of 2}G per bushel. Cash wheat No. 3 red
lost 2Ie. Reports from the Northwest con-
firm the previous statements as to reduced
acreage planted to winter wheat Indian
corn has been weak stocks are small; ex,
ports are fairly maintained, and the visible
supply is steadily declining The options
at New York gained ic per bushel on the
average and cash corn lost &c
Ocean Freights.
Ocean freights have improved slightly
under a better Inquiry. Provision; arc
weaker on free receipts Of hogs, slack de-
maud and with apathy on the part Of pack.
ers ard operators. Cash lard has declined
5 points on the week. Mess pork declined
81 TO SIS. In dry goods the dullnsss
hitherto prevailing has been IN part re-
lieyed by q better order trade sor small re-
assortments. Production and consumption
Of textiles continue on a redsced scale and
prices are very low for all fabrics. The ex-
norris of cotton continue liberal and spot
and futures have advanced in all markets..
The wool trade has been extremely dull.
manufacturers generally showing a disposl-
tion TO hold off for a better business out
look. Prices show little change.
There were lS1 failures in the United
States reported to Bradstreets during the
mast week, as compared with l60 in the
preceding week aud with 205. l67 and l7e
respectively in the corresponding weeks oi
1858, 1882 sad 1881. About 81 per cent
were those Of small traders whose capital
vas less than 5000. Canada had y, Q
| decrease Of 10,