The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-10-27
STATE OF TRADE.
a Continued Depression In Euslncss-Thc
sh, X il3 M Wool Trade, IL ~ 4 .Ts

,ssi ti5l3 IA Wool Trade. Z. { 3
NEw York, Oct. rs raa.tretts Journal
in It's commercial article says: The gen.
eral feeling in the business community is
one OF continued depression. The vol.
u,ne OF merchandise moved IL smaller NM,
purchases from first hands continue to be
restricted. Tho opinion Is widely held
that no revival In business Of any per.
inanency Is likely to be experienced this
year. Generally merchandise collections
continue backward, md heavier houses
are being called on to carry those which
have reason 10 ask and receive extensions,
ia notable exception comes from Chi.
cago, where several heavy accounts against
country merchants have been settled.
From almost nil directions generally tratle
Is reported quiet, except at tho leading
cities In Kansas, where the cooler weather
Inns caused some buying mainly Of dry
goods and clothing, :
There are no new. features looking Ia
Improvement III industrial lines. The
New England cotton mills will resume
work next week, but further restrictions
arc probable. ss,,-l-s.-. .lI'
Drygoodscontinuc duh with first i,ands,
but have a slightly improved outlook in
some localities owing to the stimulus Of
cooler weather in the rctail trade. rE
Cotton has made a further decline, the
offerings being large and tho demand
limited. M w. ,.g So
Fig Iron is weaker, but unchanged in
price. F III, :. Z z
Coal is no stronger though there has
been some gain in .lemsnd for domestic
sizes. - algg. ,,-,
The consumptive demand for wool has
continued moderate, but there has been
no important change in values. Il
s.lfs@Ns FAILURES. VA, t.s
| Thore were 2S4 failures Ia tho Unitet
States reported to Rradartet's during tn,
week, against 200 in the preceding week
and 200, l38 and III in the corresponding
weeks OF 1883, lSS2 and ISL, respectively
About So percent We're those OF smal
traders whose capital was less than 5000
Among the emb&rrassments reported wer,
the Lociport q. W Banking Associa
ton; II. d. Cooke 4 Co., bankers, Wash
In:ton; Charles E. Carpenter, merchant
Providence, r. l.; II. +. Grant, cotto,
commission merchant, Savannah; Jacol
Sch!enser & CO., general store, Ficksburg
Miss. Crescent Label Conrany,S Louis
Matuska 4 Craig Furniture Company, Chi
cage.
WOOL.
BosToS, Oct. o5.--Thc -idrcniivr in il.
weekly review OF the wool market says
This has been the quietest week for ovel
three months. The sales areahout 456, OK
pounds less than last week. There have
been great many manufacturers in the
market, but they have no; even taken
sample bags, and where they have mad.
any bids upon wool they have been SC
low that dealers could not accept them
The inclination, however, on the part Of
dealers has been more to sell than 10!
some time, but they do not yet propose
rs one OF them put it, "to give WOO! away
for nothing Manufacturers came to see
Just how the situation was, and
'he recent failures undoubtedly led
some to hope for decline in wool Of
at least two cents per pound TO Judge from
the bids they make. The distance be.
tween woods wanted and those not in de.
mand is more marked and the latter are
lower. Fine territory woods have sold
we'll, and well.bscd Utah, Kansas, Wyom.
ing and Montana woods are in fair de-
nand. These woods are being used in the
place o: \ woods, being much cheaper, il,
making ladies' d,oss goods. eassimeres and
tianIels, Where lustrops finish Is re.
CURED the territory woo's are not USE,
There is a good demand for high crs,it
y wool with Min it, willis ian ordinary Y
wool Is not wanted. Many snc wors,e,l
mills with their present machinery ar
usin. tieeee that they psy SaaaS5c for
rather than pay SIC ios delaSne. "