Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1885-07-26
ENCOURAGEMENT.
More Hopeful Feeling In Commercial CIR
cIes Generally.

More Hopeful Feeling in Commercial OR
cles Generally.
New York, July 25.-The;e is some en-
cours cement in the general feeling in COM
mercial circles, reported in special kilograms
to Bradstreets this week. This is found
mainly in dry goods. The display OF au
tumn samples at Boston is large and aarA,t-
i've, and dealers there claim that sales have
been rather better than they had reason to
expect. The disposition of autumn prints
has tean noticesbly free, but it remains to
be added that liberal discounts have bte1
necessary in orde- to stimulate purchasers
At Philadelphia, as well as at Boston, the
feeling in dry goods circles has materially
improved, though no cause therefor has
been cited. This situation brings to mind q
like one early in the current year, when
steady improvement in the spring trade was
freely predicted. There was some activity
shown, of course, as there doubtless will be
this autumn, but it was not followed by evi-
dence of an enlarged demand.
The wool markets have been more active
and somewhat stronger, but no distinct ad-
vance in prices has resulted. Holders have
been stiff in their VOWS, and probably would
not now accept prices quoted . month ago;
the manufacturers aye fairly well stocked
up. The movement Of general merchandise
is, of moderate proportions, the prolonged
season of extreme heat serving to check
business.
At the West, the beginning Of harvesting
operations tends to check operations OF
country buyers, particularly in those dis
tricts where the wheat crop prospects are
not favorable. No improvement Is record
ed in carrying rates by rail, lake or canal,
the lowest terms recorded having been
made within a week without stimulating
the movement of produce or merchandise
At Chicago better feeling in iron is re-
ported, which is noticeable from iss isols-
ton. The surplus bank funds there give no
signs of returning business, nor do they at
Eastern money centers. Wheat hes de-
clined despite the reported decline of about
100000 bushels in the invisible supply.
Fears and reports of damage to stored
wheat from heating and lack of export de-
mand have been. largely responsible. We
find that the decrease of 100000 bushels Of
wheat in the visible supply reported last
week by the statistician of the New York
Produce Exchange should have been an in
crease of $4,000 bushels, a mistake in re-
porting Baltimore's visible supply having
been made. This sort of reporting becomes
serious when it is recalled that prices OF
wheat are materially influenced at this
time by weekly changes in the visible sup
ply. Other grsirs have been quiet. Pro-
visions have been weak and lower. Petro-
leum has been higher under speculative in
dueuces, as well as on account Of the statis-
teal position of the product. Iron and steel
continue very dull, with demand no better.
Prices are as low as the lowest. Cotton pro-
ducts have advanced, owing to the squeeze
in Augusta, engineered by the bulls.
Grocery staples move slowly with lower
prices on sugar and tea. Dairy products
are dull and in the buyer sfavor.
There were 2l5 failures in the United
States during the past week, as compared
With lS5 the preceding week, and with 22l,
los and l22 respectively III the correspond
ing weeks of 1884 1888 and 1882 About
S5 per cent were those of small traders
whose capital was less than S., 900. Canada
had 26, an increase Of II.