Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-01-21
FAIR BUT NOT ACTIVE.
The Condition Of Trade 0urlaJ
tho Week.
A GRADUAL BUT SURE IMPROVEMENT
In All Branches Looked for From this
Time On Iron Matters Still
Weak and Uneertain-Iay
GoulTs Losses

NEw YoRk. January so-Rsports received
at Brsds,reet's show that the week has Wit.
messed Q fair but rot active movement in
the Wholesale markets, The distributing
trade in most lines, however, has been up
10 the usual volume for the time OF year.
snd Q gradually improving trade Is sener-
silly anticipated from this time forward.
Retail business throughout the country 10
reported good, and Eastern manufacturers
and dealers are getting more orders from the
South and West In preparation for spring
requirements. Want OF confidence Is still
. drawback to business in many depart.
ments, but Is more noticeable feature OF
the speculative markets than OF
The Legitimate Trade situssioa.
Its influence on speculative operations 70
seen In Q further shTinksgs Of values on
stocks and secsrities and in the markets for
options OF grain, cotton, provisions
and petroleum. Values on manu-.
fsctured goods. with few exceptions,
have ruled slesdy. The business failures
in the United States number SsS aud 10
Csnads ~. or total for the week OF &2j,
sgaipst S3S for the preyious we~k. Tso
hundred and twenty SIX OF these suspeu-
sions occurred in the Western aud South.
ern States X. q. Dan ( Co, commenting
upon this report. say: This Is the great
est number OF failures reported In any
week since 1873. They are neither large
nor significant in character, being composed
mainly OF the small class Of traders, and
the number has probably been augmented
by restricted business, owing 20 th. uu'
favorable weather NJ . period when settle
ments OF the first fifteen days OF the year
s,e being made. Another potent cause 10
found in the preferences permitted n the
absence Of
National DaukVupt Law.
Amos, every dispatch received announc-
lrga failure indcs,ss that relatives or other
parties in the locrlity srr preferred. To the
t,triu ent OF creditors at the chief business
centres
Exports OF cotton have hcen moderate.
but Isrger than for the corresponding week
of lsst year, although the total outward
movement since September shossa de-
crrbse OF more than $40 OaD bales, a. CON-
pared with that OF the same period In isss
srd lsS3. Consumpiive requirements
have been moderate, but values on spot
cotton have been we'll main tainrd The spe.
oulsiive market has j, clined 4 10 10 p1int
for the week. Wool has been little more
sctive nj firm prices, and the general out.
look for trade in this staple ~ favorable.
Dry goods have been selling more freely on
Western and Southern orders, but the vol
ume Of business has hardly realized etp-c.
tstions. Sales st suction continue " de-
press irsde In the regular market. The
principal auctions this week wrrs In New
York, on Wednesday. when 500 pieces oi
cotton warp cassimsres and 800 cases OF
denims, cheviots snd tickings were forced
10 sale. The cassimerts were OF Inferior
quality and
sold at an Average Disrosut
OF so per cent. from agents prices, and con
C, ssiou Of - TO - per cent. on previous
market rates were made on the colOred cot.
tons The market for the latter class ot
goods is much depressed, aud manufacture.
,Ts' agents are Ia some cases meeting auo.
iIon pficrs al private sale. The iron trade
has continued quiet, and good deal OF un.
certainty prevails rs To the idtufs OF
prices. Domestic sizes of snthrscite cDI
have been made scarce by the three days
suspensions OF work every week al the
mines and by th" checl 10 shipments
csused by snow snd ice. 4 brisk line nnd
city trade IL noted in all ,lEes except esg.
aid ~ ces have stifened considerably dur.
ing tie week. Inquiries from the Last arc
n ore rImerous, but the movement In that
direction has not yet commenced.
A depressed aud unsettled feeling hiss
prrvsil,d In grain circles, aud the
staying power OF tho long iaisre,,
has been severely strained In ali
markets. Under the combined iDnusnos Of
Dull nnd DecIiuiuR IoFctGs na,hrss.
. sluggish export demand aud the deter
.orstion OF stocks 10 store Ia this country,
he rr,ce OF wheat has declined 10 cena
t,r bushel, and the doWnsIri movement
II values on this cereal has given b-arish
turn Ia speculation 10 corn, which shows
net decline Of 2 to ) cents per busbsl IN All
marl,s. The break Ia prices has b 'en
heITsd by lsrger r'ceips OF corn Of West
srn ,suirss and the failu'- of two bol'ss
N the grain trsJe in h"~ York Ths
NOV, mett of shPst from country points
has teen moderate and the V!.ibe supply
.b0v,a d, crease VI over so 90 bushsls
rlts.urCes from Atlantic port' aggregate
yer g0nDO bushels including Hour
sin over ia Il weeks shipment, that seen,
.itr'i 10 bc sustained now that pric"s baTs
-eitI.r LcsreT 10 hD sKFhrt basis. PAu of
his Ouivsrd movement is tho result Of
The dsprfssion IN transatlantic f.isbts,
which las rPcessi'atrd the shipment of
xrtin as a means 0fiprsvsnting further loss
on y,ts.ls. Grain tonnage has ben pgsfsi
.tunu,uslly low rates st B,lumpre.. and
.eysfnl vessels chartered for January load
ing ~ that port are
Expected 60 CIeaS with Gssis
hiore tie month IL out. The general con
Gi,ion Of foreign markets is unsstisf,cto'
IS md ciscrpragipg u American shippsrs,
on account Of the large stocks In store Ia
The various ports OF the United Kingdom.
sDi continued free arrivals Of cAryoes oH
coast from lndis snh California. A large
amount OF the Pacific coast wheat hN
been forced 10 sale for account Of recently
fnsIendsd firms 10 Ssp Francisco, ant this
hss contributed tO d"pTsss the Eselish
markets. N.ytrthslss,, there IL more
hcIH:Ul feeling in export circles and some
indication of improving dem,Di ~ re-
suit Of the recent decline In valuss In
American markets. The last compiiAuon
Of corn stocks In store and In transit
shows Q decrease of D,.OCD bushels, bat the
lsrr,y interior movement OF ths past vssk
ard smsll export trade will be likely 70
make sn increase In the nett statement