The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1885-02-02
AN IMPROVEMENT
IN THE CONDITION OF nUslNEss
Noticed with Brighter pro.peet.-1uaas.
trial sItuatlon-Tho Iron and Steel Mar.
ket-A slight Revival in the Former
rrado-wool Is Quiet Active.

!. ton OF railway freight rates east and west
}, were checked again later in tho week b,
+ by the severity Of the weather, togethe,
i with the sudden advance Of cast.bound
= railway freight rates. On the whole, as
indicated by kilograms to BUdtretts, the
volume OF general merchandise moving
during the past week is no heavier than
during the previous seven days. Adyices
from Chicago, st. Louis, Cincinnati, Cleve.
land and Other western points mention The
severity OF the weather as having caused
! traffic TO drag heavily. at no prominent
point OF distribution has the amount
OF business transacted eIualed cxpecta-
tions. At Philadelphia traders are report
ed as hopeful and full OF confidence, but
buyers are cautious. AT Boston in dry
goods circles manufacturers are reported
as losing money at present prices, but are
congratulating themselves that they arc
not producing goods in excess OF require
ments, rs they were one year ago. There
has been no gain in the demand there
since the opening OF the new year. Clcye-
land reports gFowiRgeoHAdeHe as to The
spring and summer business, while current
transactions arc quite unsatisfactory.
While the general tenor OF tho advices
from st. Louis are unsatisfactory, IL is
worthy OF note that cash purchases are
heavier than they were ycas ago.
TIE INDUSTRIAL SITUATION.
Tho industrial situation has improved
sufficiently to make good a portion OF Il Q
unfavorable features. More employees in
mining and manufacturing lines have
| tnnT thrown ont NJ I,,,t
that about fifty iron works, tube and null
manufacturing establishments, iron and
steel mile, structural iron establishments
ami blast furnaces have begun work again,
more than one-half OF which are in Penn.
sylvania. The reverse is colorcd with the
statement that wages in almost all in
stances have been reduced. Wheat has
been dull, and speculative and export de-
mand is quiet. Prices have declined, and
Indian corn quotations have followed suit,
though TO a proportionately less extent.
The flour market has also been weaker
through absence OF demand from export
ers. No. 2 red closed last night at 02c.
against 95ic. last week, and No. g mixed
Germ at 50c. as compared with 50lc. week
ago. The tendency OF hoy products has
been upwards, owing to the decrease of
receipts Of hogs at the west, though the
weakness In grain has exercised de-
pressing effect. Refined lard closed at
7.45c. against 1.45c. week ago.
The dry goods market Is steady, but
wholesale buyers are again operating with
conservatism and the volume OF sales is
only fair. In textiles, both cotton and
woolen, prices are still unremuneratiye,
although production is and llas been for
months far short Of the capacity OF tho
factories. While print cloths are weak
ening raw cotton is advancing, the de-
creased crop movements OF the past week
stitlening quotations for the staple still
further. Grocery staples have been de-
Cidcdly slow, with lower prices on sugar,
mild coffee and Japan tea futures.
IRON AND STEEL.
A number Of houses engaged in tho pie
iron trade report better inquiry, but
none that can be learned OF who supply
supply Eastern consumers mention any
material improvement. The slight gains
reported at the West continue, and in
New England there is reported further de-
mand for Southern iron, as well as No. 9
anthracite to mix herewith On this
point we finds statement in Rogers, Brown
4 Co.'s iron circular tCincinnati) Of ex-
ceptional interest, owing to its deiiniteness
Us well as to the reliability OF source. OF
the pig iron trade at Cincinnati the circu-
lar says that there is a good aggregate OF
sales. at is probable that more iron is
being distributed from Cincinnati this
month than in the corresponding month
OF last year, prices ranging from So to So
per ton below those accepted at that time.
Production OF Southern iron is, we think,
Il little in excess OF year ago, but there
is no case reported OF furnace accounts
lating stocks, and most OF tho large COM
panies have more orders on their
books than for many months. This con-
lition OF things would have been different,
Of course, but for the heavy shipments
(Southern) OF iron eastward. These con-
tinue at an increased rate, notwithstand-
ing tho reduction in prices made Ia tho
East 10 stop them.
Steel rails continue dull anl'unsatisiac-
tory, and more sales have been made at
tho west at exceptionally low figures in
oIler 10 secure business. No sales Of Bess-
emer or SpiegcleisQn are reported. Scotch
pig iron importations continue ut tho low
ebb last reported and ut unchanged prices,
Eglinton being $40 so and COltness $2l so
per ton. There is no change in anthracite
lAmericahh) pig prices, No. ! being still
sold at$lS.
WOOL.
BosrdS, Jan. 3i.-The AdreniSer In its
weekly review OF the wool market says:
The market, as the sales distinctly show,
has been more active, indeed, larger than
for nine previous weeks. Since the first
OF the year the sales foot up 4,0OO,OO0
pounds more than n year ago. A boom,
however, burst upon tho market in Feb
ruary last year, and sales were very large,
but a repetition Is not desired, even if'it
could be engineered, for the latter effects"
cf such are always bad. The increase in
the sales has been due to a larger demand
from manufacturers, who want to secure
wool rthe orders they may have on hand.
They buy very cautiously, and 1t Is
difficult 10 obtain any advance even upon
woods that are VIGOROUSLY in short sup
ply. An advance in combing and dclaine
Is, however, conceded OF about lc, but tho
condition OF the goods market is not such
as to warrant manufacturers paying higher
prices for wool. No. combing and fine
delaine woods are, however, in very light
supply, and we hear of an order to buy
200, 0O0 lbs delaine, which cannot be filed
at old prices. Holders Of choice XX dc.
laine ask 37a572c, and some even higher.
Michigan deiaine is held Mt &c, although
some might be secured ut 33lc. Kentucky
combing has been in increased demand,
and trade will sell readily at 27c; it is in
light supply. Tho sales Of East Oregon,
California and Territory wools have been
larger. A sale Of Michigan has been made
this week at cole, but this Is exceptional,
and S0c is the price. Ohio woods are firm.
Found Murdered ON Mountain.
LYSCHBUnu, Va, Feb. 1.-The body Of
All unknown man, supposed to be a ped
dler, was found last night on Cove Noun