Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-03-10
VERY QUIET.
The C0urss of Trade In the Whole
sale Markets.
TRENUMBER OF FAILURES INCREASING
In the Iron Business-Buyers Moving With
Caution and the Purchases All for
Near Requirements
of the Wool Market.

New YORK, March 9-Reports received
at Brsdstreet's agency show that the past
week has been a very quiet one in the
wholesale markets. The distribution Of all
kinds of manufactured goods has been on a
small scale, proportioned to the actual
wants OF dealers, and the volume OF gen.
eral business has been unsatisfactory. This
condition of affairs is IN a great measure
due to the prevalence of unfavorable
weather and to difficulties OF Transports
ton at various points in the interior.
Apart from these drawbacks, however,
there is very conservative feeling in mer-
camille circles that confines business in
all departments within the hm.
its Of assured requirements. The
export movement of cotton has been q
little larger than for last week, but is con-
siderably smaller than for the correspond
ing week last year; and the clsarances Of
grain, provisions and petroleum have con-
tinued very light The developments Of
the week in nearly all the speculative mar
kets have been discoursging to the long in
terest, and trading, as q rule, has lacked
activity and has been confined to the regu-
lar hsbitues Of the exchanges, The weeks
failures in the United States and Canada
number 262, as against 235 last week.
Failures Arc On the Increase
in The Middle and Pacific States, and espec-
tally Canada, where the figures for the
week are higher than for the corresponding
period for years past.
There has been very little demand for
staples of manufacturing supply, except
under the pressure Of immediate wants.
The price Of cotton has been we'll main.
tanned, owing to the moderate receipts, and
wool has undergone no quotable decline,
although the market has favored buyers.
Cotton spinners are working on very close
margins, but their product is selling little
more freely al current prices. The higher
grf des Of manufactured cottons, and espe-
Cislly Eastern corporation brands OF stand.
ard Eheetipgs spd drills, are closely sold
up to production, but the supply Of lower
gTs dts is sgain Gccumulatirg. There has
be- n futher curtailment of the produc
ton Of fancy cslicoes end fractional de-
cline in print cloths as a result OF the slow
demand. There is considerable activity in
wooden and worsted yarns. and prices are
generally firm except on the inner grades OF
the latter, which have been depressed by
the competition of English, French and
German spinners. In braid Jersey" and
hosiery yarns domestic manufacturers re-
tain practical monopoly OF the home
market and are
Doing Thriving Trade
at remunerative prices. A slight improve.
ment is noted in the demand for wooden
goods at first hands, but trade is still far
from satisfactory, and the mills are run.
ming cautiously and as close az nrs" icable
to sctual orders. The line an .rade
in anthracite coal is active anC q are
we'll maintained, except on eggu oxen,
which have been shaded 10 TO 10 cents per
ton. Manufacturers sizes are in better de
mand. There is little or no movement OF
coal to the East or South. Purchasers are
holding off in the hope OF lower prices on
the announcement Of spring rates on the
lst of April. The general condition OF the
iron trade is about the same as q week ago.
Buyers are operating with caution, and
transactions are mainly for near require
ments.
The grain trade has continued dull, and
there has been a gradual decline in values
amounting 10 from to cents per bushel
on cora and from q to cent on wheat.
The greatest decline in corn has been in
Chicago, where the long interest has been
demoralized by the continued large receipts.
Owing to the inferior quality Of a large
percentage Of the last crop OF corn the
Farmers are Fastening Shipments,
and as there is little demand for export the
visible supply is steadily accumuating,
the increase since last week amour ting to
about $50 600 bushels. The wheat markets
at the close show some recovery from the
lowest prices OF the week, owing to large de
crease reported in the stock in sight and the
meagre movement OF winter wheat from the
interior; but there is no supporting de.
msnd from foreign buyers, and specula.
ton is tame and cautious in all markets
The domestic supply has fallen oil over
tC0.CC0 bushels, and the amount sfoat for
Grrr. r-i'pin and the Continent is l,32o,.
g '' l"sS han week ago, making
..st & over 100000 busbel in
u sight. Crop reports are varis-
.,... literally unreliable. The export
Sheats, for which home miliers are paying
better prices than can be obtained from
shippers. The supply OF this kind Of
winter wheat is so rapidly diminishing
that milleTs at many points in OHIO, In.
diana and illinois are now
Using q Large Percentage of Spring
Wheat.
In the provision markets the drift OF values
has continued downward, owing to the
dullpess OF the export trade and the gen.
ersl lack OF activity in the rade demand
throughout the country. AS compared
with last week at this time, the Chicago
market shows q decline Of about 10 cents
per barrel for pork and 22k cents per 100
mounds for lard: but these figures do not