Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1884-10-26
CONTINUED BUSINESS DEPRESSION.
ErndSirect's Advices Touching Week la
which There Were :3i Failures.

ErndStreet's Advices Touching a Week in
which There We're "3i Failures.
New YORK, October The general
feeling in the business community, as sshown
by special kilograms TO Rradstreet s. is one
of continued depression The volume of
merchandise moving is smaller, and pur-
chases from irst hands continue to be re-
stricted. The opinion Is widely held that
no revival in business Of permanence ia
likely to be experienced this year. Gener-
all mercantile collections continue back
ward and heavier houses are being
called on TO carry those which
have reason to ask and receive eX-
tensions. A notable exception comes from
Chicago, where several heavy accounts
against country merchants have been set.
tied. From almost all directions genera
trs 1e is reported uu;el, 'Ncept at leading
cities in Kansas. where the cooler weather
has caused .,me buying, mainly Of dry
rrcds and clothing There are no features
la, kirg to improvements in industrial lines.
Tie New England cotton mills will resume
work next week but further restrictions are
,rr able. Dry goods continue dull with
frs, hands but have a slightly improved
ou' Iook in some localities owing to the
sti,uulous Of cool weather on the retail
trade Cotton has made farther decline,
the offerings being large and the demand
Emi,,d.
Wheat ha, been stronger and higher on
he spot, futures, too, have advanced. This
has resulted mainly from renewed buying
or export and belief that the extreme
ow figures reached last week warranted a
reaction. The advance since the itb inst.
has been lc for spOt, to Sic.
Indian corn mas been weaker through the
cl;cue at the West letting 70 OF some Of
their holdings and to light transactions.
No mixed has declined lie on the week
at sole. Hogs product, too, are weaker
and lower. Hog receipts are declining aud
prices advancing. owing TO the stimulus Of
increased demands from packers caused in
mart bv cooler weather. Ths home and
and foreign demands have been better
during the last day or two but the net result
for the week is q loss Of 2jc per barrel for
spot mess pork, the closing prices being for
lard to the continent SC and for pork sl6 10.
Petroleum.
Petroleum has bean practically corner
ei' by the bull clique. They squeezed the
shorts and forced up prices l5lc per barrel
on Monday asd Tuesday, and held prices
there till yesterday. when they ran them up
2Ic more, certificates closing at Tic, a gain
| OF liIc since October IL.
Pig iron Is weak, but unchanged in price.
| Coal is no stronger, though there has been
some gain in demand for domestic sizes;
| The outlook for the years production OF
| anthracite il . decrease Of 100000 tons
as against 1883, with lo9 idle days
at the mines Gin I334) as compared With but
60 last year. The prospective increas'
Of 49 idle days (lS54) will, therefore, have
reduced produced production the equiva L-o'
81 but 10 dars work at the rate coal il
now being mined The consumptiEs de
/; ruaui for WOOL has continued mstesaSe. bu
there has been no important oAsnge II
yAlues-
There we're 234 failures in the Unite'
States reported to Brsdstrefhs during th
psst week as compared wita 2Os in the pre-
eedipy week. and With 259, I3T and III, re
,peciSely. in the corresponding weeks Q
ISa3. 1892 and 1887. About IS per cent
were .bose Of sH1All traders whose cspits
uas Iess ;han $500 Csasis hsd ga
| incresse t 4