The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1885-12-02
A BRIGHrER OUTLOOK
For BuIluess-Au Active winter Trade Pre-
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Special oOTrepondenos Of he I'LegItoenen.
PHILADELPHIA, Nov. 30,-During th'
past ninety days textile mills have beer
either built or projected, which, II placed
in line, would reach nearly half mile
These mills are for the manufacture o
carpets, hosiery, upholstery, ginghams
Jerseys and in fact all kinds Of textile
goods usually made in this market. The
active fall trade has stimulated manutRc
turing activity, although the high price o.
wool to the extent to which 1t enters into
textile manufacturing has made manuiGc'
turers somewhat cautious. A great deal
OF new machinery is already contracted
for and will be placed in position as soon
as completed. A large amount OF tre-
proof material has been contracted for,
besides elevator work, architectural work,
electrical lighting work, heavy and light
engines and boilers and other
materials. The indications this week
point to Q resumption OF industrial
activity in textile lines, in iron and steel
making, and in some other branches of
manufacturing on large scale after janu-
ary first. At present demand is rather
slack, rs the fall trade is over and retailers
are anxious to distribute the stocks pur-
chased and square. up accounts for the
year. ReportA from travelling agents, and
from distributing houses all over the West
and South, Just to hand, show iobbers and
manufacturers that very Satisfactory dis
tribution OF goods Of every kind is going
on, and that buyers will be ready for
spring and summer goods little sooner
than usual.
THE IRON MARKET.
The iron trade is only fairly active, but
in steel rails, nails and come kinds OF con-
struction iron, orders are far ahead. Steel
rails are s35; nails 81 so to 8 IS; bridge
iron to cents; forge iron SIS to SIG;
foundry SIG to SIS.
The prospects for an active winter trade
over the country are more favorable this
week than week or ten days ago. Boot
and shoe makers orders have fallen of,
but the mauufaCturers and dealers in
leather report good deal OF heavy buying
by manufacturers, and prices are still
moving upward. Common and medium
grade woods are in light demand hut
Ut outside prices. Here and there
slight weakening is shown by hold.
ers OF large stocks. The carpet and
hosiery manufacturers will stock up as
heavily as their facilities will allow with
spring and tumuer goods. The export
trade from Philadelphia is steadily in
creasing in hardware specialhes, chairs,
textile goods, chiefly hosiery, cotton cloth,
the export Of which is increasing from
both northern and southern mills. Agents
Of Philadelphia manufacturers in Central
and South America and in Europe are
sending in larger orders than ever before
and find less difficulty in making sales.
although the difference in business meth
DDS OF American and foreign merchants
acts as an ohatruction TO the easy estab-
lishment OF trade in these countries.
Tho coal trade, although quite active, Is
near the close OF its season and consumers
in both E2rtern and Western markets are
now pretty we'll supplied. Stocks at tide
water have declined, but the demand is
too heavy to justify any stubborn course
rby producers as against the reasonable
demands OF miners. Receipts OF lumber
are falling of, and all ysrls along the Al.
lRntic coast are pretty well .ocked with
prices ruling low and demand weak.