Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1885-06-15
BUSINESS sTAGNANT.
Iron a Little Stronger, However, Owing u
tina IonEOut.

Iron a Little Stronger, However, Owing 10
the Lockout.
NEw YoRK, June l3.-The general I'M
favorable conditions affecting trade, report
ed BY Bradstreet's last week, continue IN
pleasantly prominent. The volume OF mer-
chandise moving, so far as data concerning
it are obtainable, is light as compared with
like periods in preceding years. The &C
emulation Of surplus funds at the banks at
leading business centers, east and WeSt'
shows no signs Of the beginning OF per
manent check.
The industrial stsgnation among the
Western iron mills is no nearer settlement,
except in that two more mills have accepted
the terms of the Amslgamated Association
and gone to work. The dry goods market
presents no encouraging features. At BoS-
| ton trade is dull with commission houses
| and only fair with iobbers. Prices IN some
lines are unsettled. The $780, 1000 to 81
| 600 900 sales of fannels at New York this
week were unsatisfactory as to prices, sharp
cuts in prices being prime inducement TO
| buyers. -
The enforced idleness among iron mills
at the West has resulted in a somewhat
better feeling in merchant iron at various
points, though no large sales are reported.
There has been some slight gain IN the
Philadelphia pig iron market but none Of
these reported improvements have, been
noteworthy, except by contrast with pre-.
vioas dullnass. Akron, O., pig iron is
aching out into the Hudson river valley
ard into New England, owing to tayoring
railway freights, and Southern pig iron con-
tinues to come Northeast, though, as re,
ported, in reduced quantities since the ad-
vance of 50 cents per ton freight in rates.
The reduction Of Eastern and Western Pig
iron has declined $500 tons per week since
May l. The condition of the anthracite
coal trade is less gratifying, the competition
between carrying companies 80 intense as to
result in the invasion OF the Philadelphia
market BY Delaware and Hudson coal which
sold below the market.
TheWsshington Agricultural Bureau June
report, on the growing wheat crop, points to
a probable crop of but 100000 bushels,
as against probable crop of 39I0OO,OO0
bushels indicated on May l. The actual
out.turn may be larger or smaller than the
total now indicated. The report discon.
corted the more radical bulls, who counted
on a threeffty or NEUTRALITY-SUSPICIOUS.
bushel report. The probable total is small.
er than that raised in any preceding year
since 1876, the harvest in 1871 for the first
time equaling &c., 100000 bushels.
/ Prices have not varied much, but have
been we'll sustained, Notwithstanding $780,
600 bushels in the visible supply and a
| dragging foreign market. No red, spot,
closed at 81 OF, against 81 OIL! last week.
| Corn has been dull and uninteresting, fol-
lowing slowly after wheat. No. 2 mixed
closed at SAFE, against SIC week ago.
Oats have been featureless. Hog pro-
ducts, at first higher, declined under freer
receipts ofhogs but showed more strength
| than was expected. The movement Of
| grocery staples has been restricted, with
sugar easier and coffee lower. Dairy pro-
| ducts are active and higher.
Various estimates of considerably in.
creased cotton acreage, added to an uncer-
tain Liverpool market, have contributed to
| depress cotton prices. Futures went of an
average of 20 points, and middling up
lands spot, declined to lO5c, against IO}ca
week ago.
Transactions in wool are light, manufac-
turers being inclined to await developments
before buying. Stocks are light. Prices
are quite low, but fail to stimulate pur-
| chasers.
There were 1877 failures in the United
States during the past week, as compared
with l62 the preceding week, and with lS4,
lG5 and and l04, respectively, in the cor
responding weeks of 1884, 1883 and 1882.
| About IS per cent. were those of small
traders, whose capital was lese than $1,000.
Canada had II, decrease of 8.
Wool.
CINCINNATI, June l3.-Wool is arriving
fairly, and dealers are making little effort
to encourage shipments, there being little
demand for mills, Dealers buy unwashed
fine merino at l6@l7c, medium delaine
ard clothing l8@l9c, medium combing Is
q &c, Coarse do i4@l5c, quarter blood
clothing l7@l8c. Fleece washed-Fine
morino 2j@26c, medium clothing 25@26c,
delaine fleece 26@27c, combing .25@27c,
quarter blood and low 22@24c, common
coarse lS@2Oc. ub.washed-Choice 81
q 2Sc, average 2j@ 26c, good coarse 229
&c PuIled-Super 2l@22, and combing
2l@23c per pound.
RosToN, June 3.-Wool-Demsnd mod
crate; wool continues to arrive quite freely,
and considerable Texas sold at ll@25c.
Ohio and Pennsylvania Fleeces, Michigan
Fleeces 2S@29c. Fine Ohio Delaine 36c,
and unwashed combing 2O@2ic. Pulled
woods l9@23!c.