The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1885-09-21
BUSINESS REVIEW.
GENERAL coNDlTIoN OF rRAIE.
No Gain reported over Last weeks Report.
salient Features of the situa aior-wool
Continues to Hold It's ovn-Moaorais
Improvement ia Iran Sustained.

Improvement in Iron Sustained.
New YoRK, Sept. l0.-No gain on Il 9
recently reported improvement in trade
circles is recorded by the special tele-
grams to Bradstreds received yesterday.
In most directions the full measure OF the
movement is maintained, but that Is all.
From Chicago, St Paul, st. Louis, Cinciu-
natl and Detroit, at the west, comes the
word that the interior purchases are as
heavy as previously. At Detroit 1t is re-
ported that losses sustained in the first
half OF the years trade in dry goods hayc
been made good already by the increased
sales. 1t Is noticeable, however, that at
no important trade center, east or wesE
have discount rates or call loan rates aJ-
yauced. There has been noteworthy.
gain in the employment Of surplus funds,
but bankers appear, thus far to have been
anxious to employ their idle capital at the
lowest rates. This, together with the con-
tinued indisposition on the part OF rail
way managers to cease rate cutting, with
the somewhat squally railway tariff ont
look among the granger lines aud with
the heavincss OF wheat and OF anthracite
coal and the average Of business failures
from week to week, constitute the salient
features OF the trade situation.
Hog products and provisions are quiet
and devoid OF special features. The move
ment OF dry goods from 1bbsrs and agents
continues quite as active as heretofore
noted, and the tirmueas in prices OF prints
and Of bleached and brown cottons is fully
sustained.
Despite the holding back OF new grain
by farmers, the already towering visible
supply grows larger and larger and, as II
to crown all, the quantity eillat for the
United Kingdom and the continent shows
an increase as well The Indian corn
crop has about passed ous OF the critical
stage, that in which it was likely to be
damaged by frosts, and the general opin-
ion appears to be that very little damage
has been done to It and that we are again
to have "the largest crop on record" De
mand for grocery supplies only moderate.
Sugar supply increased. Dairy products
are depressed.
WOOL.
The condition Of the seaboard wool
markets is hardly changed from a week
ago. Manufacturesare buying freely, spec
ulators are operating to some extent, hold
ers are very firm in their views, aud prices
are easily sustained at tho late advances.
The general rise in values since July is
not far from Sc per pound. No signs OF
reaction appear. At B1sson the market
holds strong tone, though prices are un-
changed. Sales continue to be relatively
liberal. There is q good deal OF buying by
dealers to sell again. Manufacturers, how
ever, are taking both pretty well, appar-
entity C 1nvinced that the lowest quotations
have been left behind. The present week
has seen rather improved demand Tor
fine feeCes, but on the whole the request
is well distributed and all kinds have
shared in the gain OF the past two months.
Unwashed and pulled wools sell well at
full prices The current quotations are
about 32a33c fnr Ohio and Pennsylvania
y, ,34135c for X Y and SJaS1s for tAeA and
above, Sls32c for Michigan X, 35a34c for
Michigan No. l, 35a3fc for iue Ohio de-
laine and 3Gs37lc for No. ] .combing.
Among the manu- Icturers there Is de-
cldedly hopeful feeling, the goods market
standing more fRvoYably both as 10 de-
maud and values. the sales OF the week
OF all kinds have amounted to 0.iO0,O00
pounds, as against 2;5OO000 pounds last
year. Last week they were G.SO0,000
pounds.
IRON.
| The improved demand for pig iron in
Eastern markets continues OF moderate
proportions. Prices are unchanged. There
is no more Of an outlook for boom or
sudden advance in any direction than
previously and mono Is expected. The
demand for Scotch has not increased ap-
preciably notwithstanding the advance in
prices. The latter appears to be largely
speculative and to have been induced
largely by the advance on the other side.
II has not been responded to here as yet.
Bar iron is in improved request and mod
erately active, but owing 10 the number
OF mills which have been running at cost,
engaged in obtaining share OF the new
lation TO prices. Rogers, Brown & Co., of
Cincinnati, say that reports from all parts
OF the west and northwest indicate that
salesofpigiron have been liberal lduringthe
week. Prices rule firm, but without any
4upbApl6 aaNA41Ips E0AAG NNAl INV GblGn
are reported by Central Ohio furnaces,
but there seems no disposition on the
part OF Southern or Mahoning Valley
brands 10 meet them. No efforts are
being ma IL to force an advance, bat as
sellers run short Of different grades they
put up prices TO restrict selling, until on
certain grades which are In higher supply
fair advance b fairly establithed." Sleel
rails are less buoyant than when last
noted. Few mills care TO discuss orders
for this years delivery and SO for me-
dium sized orders is current. 0ne lot OF
5000 tons has been sold at $50. Several
orders for large quantities are in the mar
ket, but makers are distnclined 70 name
figure for 1886 delivery. ltt6
General Miles menus BuAiness.
DENVER, Sept. 2o.-A Santa Fe special
to the 7riGpe.Republicad says: General
Miles, started for Leayenworth this morn
inc after aendjnv ibe folloWinv nesaaCe IN