Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-03-31
IMPROVING
The &c. esral Distributing Trade Of
tho Country.
FAILURES S. 'ItL ON THE DECREASE.
BUYERS Have the Advantage Yet ia tie
Wool Market Holders Growing
Anxious TO { ell Cause Big
Break il. Wheat.


at Brsdstreet's agency . how improvement
in the general DISTRIBUTE g uaae Of sne
Atlantic cities and the I, NOR OF feP'rn
from the West and Souths est mas oeen Q
little more encouraging. T! 70 ehanss tor
The better is due to the prevs lence OF more
favorable weather, aud a fun ther gain u
generally anticipated during he next lew
weeks. Export trade In all line has ruled
quiet, but there has been some ncresss In
the foreign demand Tor wheat, asa result oi
the lower prices. The speculative markets.
are generally lower, an advance In cotton
being the only noteworthy exception Tns
weeks failures in the United Stat Ssad
Canada, aggregate soi, as against 2ls last
week. A slight increase Is reported in the
Middle States, but q steady decline has
been noted for some weeks in the mum Yer
Of failures in the West and South, parti, "
larly in Texas, In Canada, too, matte -
are improving, the weeks total being Nv
less than last week.
There has been
A General Advance
OF about one-fourth cent per pound in the
price OF cotton, as q result OF the strong
statistical position OF the staple and . more
active demand both for consumption and
on speculation. Cotton manufacturers are
held with more confidence, and IN occs-
sionaI fractional advance has been secured
ON yarns and fabrics; butthe Improvement
is not general and is not proporiioned TO
the increased cost OF production. The mar
ket, however, is in better shape, and pur-
chases are made with less hesitaney At rul-
ing prices. The wool trade has continued
very quiet. owing 10 the backward condi-
ton Of the trade in wooden goods. Some
OF the mills have large percentage Of
q ell product for the fall season under the
control Of orders, but In most cases tho
demand thus far has been very slow and
unsaustactory. Prices show no important
Change either on wool or woolens, but - q
general thing buyers have the advantage
N both markets. The anthracite
Coal Trade has Rssed slatet-
Prices have been reduced 10 cents per ton
on egg and broken, and 10 cents on stove
and chestnut sizes. Tolls have also been
reduced ~ cents, TO take effect on April |,
when . good buying movement is expect
ed. The movement OF coal ~ Southern
ard Eastern points oontin aes small. Stocks
at tidewater are reported light, and full
time work at the mines will be resumed
ne 1t month until further notice. The bi.
luminous coal trade Is in IN unsatisfactory
and depressed condition. strike -
threatened In the Clearheld region In con.
sequence Of q notice OF 10 cents per ton 70.
duction in the pay Of miners neIt Tues.
Gay. The Eastern marke. for pig. iron has
continued dull, large consumers withhold
ing orders in expectation OF q further de-
cline in prices. Southern furnaces, how
ever, are well sold up, and their products
are in good demand. Manufactured iron
hos been In actiye demand, and tue general
outlook IN this branch OF trade is encour.
uging. Building operations pTomise TO be
on a large scale during the present season.
There has been a good deal OF
Excitement ana Speculative Activity
In the grain trade, with general and rapid
decline in values, particularly on wheat.
Al its lowest point the Chicago market
showsd decline 81 o cents and the ssa-
board markets sbout cents ~ compared
with the close al last week, but there has
been some recovery within . day or Two,
and the net decline for the week In about
20 Gu cents in the various msrEsu: The
hreAk in prices was due TO a general pres
sure TO sell on the part OF holders " ho had
gown weary OF carrying the grain In the
vain hope OF revival OF the export trade
or ,ome accident 10 the growing crop TO
give an upward impulse TO values. Inc
4, cline has brought about . better feeling
IN export circles, and has led to the pur-
chase OF about l. $4,000 bushels OF spring
shest in New York, and In the West Tor
through shipment TO Europe, but shippers
have done comparatively little In Water
wheat. Foreign markets have declined
about 3 cents per bushsl, agAinat tho do
cire OF u cents on this side, and the rsla-
tiv. position 10 consequently more favorable
Tor an increased export trade % soon -
An.ri,sn markets give evidence OF re-
-, rd confidence on the part Oh boidtrS.
Toe United Slater visible supply OF
'hsst.
shows . Further pesSease 81
,7.DOO bushels, but the amount aaoat for
b. United Kingdom and Continent 10 Iso.'
40 b, shsls larger than week ago. Corn
bs. ruled comparatively strong, consider.
.pgrhe psuicky condition Of the wheat
rrrkst. Prices declined 2 or 3 cenh. but
have since partially recovered In the Etst.
ern markets, wbils In Chicago the MAY
option 10 up sgain 10 within y cent OF toe
price current at this time last wesk. The
relative strength OF this cereal is due 70
sueculatiye mani pulation In Chicago. whsrs
Tsosipt, have considsrsbiy decreased dur
irg The week. The March report OF the
Department Of Agriculture has also con-
triBu,sd largely 70 the ooo6dencs OF bold
err, ss II showed lsrgsf consumption 70
cate than in previous years and Smaller
perez sntsge OF merehantabls corn IN the
,oiaI yiefd of tho crop OF 1888. Exportsrs
have bought spsTinsIy. and tho Iset'.
cissrsIess I9m all ports will probably
shsV little. IL pny. increase oves recent
weeks The Visible supply In this country
IN $1,000 bu,bsls larger, and there 10 On
iptr,sse OF 1860, coo bushels in tas amount
ON the ocean.