The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-06-30

No Noticeable Improvement in Genera
! But1ness-Hool.

NO AOACeuDIe improvement ID deuefuI
Z Business-Hool.
New Yoik, June 2S.-The general trade
situation throughout the United States re.
mains without improvement. At some Of
the principal distributing centres men.
toned in Bradstretts last week as shipping
goods freely there has been marked fall.
ing of in the number OF orders received.
The stringency in the money market at
many important centres has Increased, dis
counts ranging from = to Q percent, and
few other than regular customera liudinE
accommodation at all. In the wheat
growing regions the banks are re-
serving their cash to aid in the move,
ment OF the crops. Merchants generally
ind themselves cramped by curtailment
OF discounts, and mercantile collections in
consequence thereof have been seriously
delayed. The outlook for the growing
crops continues excellent. The only dis
couraging prospect reported is from North.
western Kansas, owing to the wet weather
and fears Of rust. Elsewhere the reports
ore unanimously favorable. From Cali.
iornia advicea to Rrqdslred's by telegraph
this evapipg gay that The late rains did no
damsge to the growing wheat, and tha.
earlier estimates Of $1,000. .QQl bushels are
conaidered good, ny s,I
Iron has not shown any Improvement,
notwithstanding the numerous trade.iour.
nal reports to that effect. Special 'tele.
grams to Rradsreet'a from all the leading
markets corroborate this, and New York
dealers have no evidence to the contrary.
The anthracite coal trade has gained in
strength. After siI months' delay in buy.
ing up to full requirements on the part oi
the consumer, With corresponding reduc.
tions in output and advances in price by
the producer, the outlook is now for q
more active fall trade The dullneaa OF the
dry goods trade and tight money market
unGsttls confidence and cripple business q.
all points. .5
There were 1853 failures in the United
States reported during the last week, a.
compared with 1877 in the preceding week,
and with. los, 15S and los respectively In
the corresponding weeks OF 1883, 1882 and
1881. About so percent were those Of small
dealers whose capital was less than 5000
Canada had twenty-five an increase Of six.
$3s WOOL.
BosTos, June 28.-The Advertiser in it
weekly review Of the wool market says;
"There has been decidedly more inquiry,
and some sales have been made that we're
not included in this week 8 report, but will
be next, the wool not having been in.
voiced. !still, while the demand has been
more extensive, the buying hp1 been lin.
tied and manufacturers stand out for lower
prices every time they aro in the market
New wools are arriving very freely, as tho
large receipts of:oyer 10000 bales show,
and the selections can. now be made to ad.
vantage. There is, however, considerable
difficulty. in settling the prices Of new
wool, and sEfyes no price has been def.
nitely settled for new Ohio, which we
should quote at 3is35:. New Ohio is NOV
Ing slowly, but the proaent week in Mich.
igan will dispose OF the great bulk of their
clip, prices ranging from 26a2Sc. In; Ohio
there are enough buyers to take about all
the wool offered. prices ranging from 30a
S2lc, with some few fancy eli ps at $50, lat.
tor being extreme. f Rains yalla over the
country are making Swools ERht, and iun.
washed woods In the Territories are better
than for years. Tnfrs are Still accumula'
tions in Texas, but we note some choice
wool from there now in the market, which
il; woollen goods were only octive, would
be- cheap Mt prevailing prices. AS yet
Montana has not done much shearing
Kanaas wools are in good condition. The
banks Gre either short Of money or are in
disposed,to accommodate wool customers
either in the country or Boston. The out
look now Is for B ston houses to do the
largest commission buHineas ever done.