Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1885-05-24
STATE OF. TRADE.
Next Autumn Looked to for . Revival IN

Dr..
Basiness.
New YoRK, May 23.-The movement OF
general merchandise throughout the coun-
try the past week, asreported to Bradstreets,
has not varied much from that Of the pre-
cedipg week. Dealers in staple lines at
leading distributing centres do not look for
any permanent gain or activity in mercan.
tile circles during the coming quarter.
Again, the vopd Is passed that no improve
ment is now looked for until next au-
tumn." Dry goods merchants at New
York and St. Louis are more cheerful than
elsewhere. At the former city. the heavy
auction sale of last week merely substituted
jobbers for agents as holders Of $1,000, 900
worth Of cottons. No one claims re-
newed demand from the interior. At ST.
Louis, dry goods generally are reported
steady, and some lines are said to be ad-
vancing, 9 circumstance which is excep-
tional
All the leading wool markets are quiet.
Manufacturers secured supplies some weeks
ago. Cheap, small lots are scarce, and the
proximity Of the new crop counsels delay
before completing stocks. The movement
is, therefore, dull, and prices are unchanged.
Cotton was dull and teatureless throughout
the greater part of the week, when, owing
to covering By the shorts in the June option,
prices were forced up some 9@lS points.
Spot sympathized, closing at lie, against
l0jc on the 18th inst,
Another conference between the Amalga.
mated Association of Iron Steelworkers and
the Manufacturers Alliance suggests the
likelihood Of mutual concessions and avoid
ance of strike The coming six or eight
weeks will witness three or four weeks
stoppage of work among Eastern cotton,
paper and nail mills, and among nail and
glassworkers at tie West, Petroleum con
tipues inactive and featureless.
Some special brands of pig iron have cut
the prices 81 per ton-that is, have made
actual prices asking prices. There is no
other change Of note, either in iron or
steel. Copper, in the home market, has
declined some.
The reports from the winter wheat region
continue unfayorable. The Commissioner
of Agricultural telegrsphs 70 this journal
that his reports indicate shortage OF !.
600 bushels oil winter wheat. The specials
lrOm NhsDluElOu ISiiNoiJ ~ 49,
point to a gain of 100000 bushels as
compared with last year and there is no
known reason for believing that the spring
and Pacific coast wheat crop will not fall
much, if any, behind 1884. In that event.
the outlook for the aggregate Of wheat this
year is 396. 900, 900 bushels. 1t may run
below this, and it is equally possible that the
total may be larger. There are many uu'
certain,ies at present for a definite forecast
No. 2 red wheat at New York closed at
81 O4I last night, against 81 Oh week
ago. Indian corn receipts West are unex'
pectedly light, and visible supplies are
small, yet prices do not advance, so conf
dent is the general belief that the interior
Supplies are considerable; No. , mixed
clcs d at &c, against SIC q week ago
Hog products have been very dull. spec
uls,ion therein is almost at standstill
Stocks are ample and the demand is light
There were ls4 failures in the United
States during the past week, rs compared
wi h l64 in the preceding week, and with
lsa. I55 and l24 respectively in the CORES
bonding weeks in 1884, 1888 and 1882
About 81 per cent. were those OF small
traders. whose capital was less than $4,000.
Canada had &c, and increase Of