The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1885-02-09
BUSINESS MATTERS,
Hopeful Feeling 10 Trade cfreie.-rne
Wool Market Active.

New York, Feb. -Bradstrea's Jour
nal in its commercial summary says:
The late interruption in the movement
OF freight East from the Northwest has
resulted IN an accumulation OF produce
at Chicago and elsewhere West, and the
East-bound trunk lines have had for tho
time being more than they could promptly
forward. Inthe preceding week the East
bound tonnage increased so percent over
prior averages, and the outlook is for
corresponding exhibit this week.
Special kilograms TO Brddsreet's report
the most hopeful feeling respecting the
outlook for an improvement in general
trade at st. Paul, MINI. This was based
apparently on light stocks held BY
country merchants, fair collections, and
the absence Of heavy Indebtedness among
traders tributary TO that city. There was
a slight improvement in the condition OF
business at Lawrence, Kan. at Memphis,
Tenn, and at San Francisco, although at
the latter city no results OF the improve
ment were yet visible. The dry goods
distribution from Chicago is spoken OF
more favorably, but that Of boots and
shoes is not. The movement OF general
merchandise from that city shows very
little gain, but there is
coNapERARLE coSFlpKScE .
for the future. At st. Louis, New Orleans
and Cincinnati trade is very quiet. Phila.
delphia sales are for actual wants only.
In the East the print cloth makers arc
accumulating stocks and prices arc again
tending downward. The boot and shoe in.
dustry at Boston is promising better
movement. At New York general trade
is quite dull. Buyers here from the South
and West in leading staple lines do not
appear to expect TO take In excess OF near
by wants. Dry goods buyers show but
little increased inclination 10 operate. and
a fair volume OF trade Is passing, although
there is no spirit in the demand.
The iron and steel industry at the East
furnishes no encouraging features. The
almost eptire absence OF stocks suggests
that q renewed demand would be sure to
be followed by sharp advance, but no
such gain in inquiry is reported by those
perfectly able to judge.
In grocery staples several large houses
report increased orders from the South,
but the volume OF trade Is restricted when
compared with ayear ago.
WOOL.
BosroN, Feb. 7.-The Adrrtisr in its
weekly review OF the wool market SAYS:
The market ha, again been quite active.
Some OF the sales have been to dealers in
Philadelphia, who have been in the mar.
ket for territory woods, ofwhich the sup.
ply is now quite limited. The largest tran.
sactions have been made in territory,
pulled and California wools. One large
cashmere mill in. this vicinity is reported
very generally in the market to have
bought 100000 lbs, very largely in fall
California and territory woods. There has
been more demand for fine medium wools,
which have been SO long neglected, and
which can be bought at a bargain per
secured! pound. The effort OF manufac.
turers is to buy odd lots OF wool at some
bargain, SO as to reduce the cost OF their
goods. Thus fall woods have been bought
for mixing with the better classes OF wool,
No higher prices have been secured, but
as the stocks Of unwashed and territory
woods are now recognized TO be very small,
and as the supply cannot be increased un-
I'll the new cllpis brought forward, prices
are strong, inasmuch as dealers can moro
readily obtain their prices.