Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1885-06-14
BUSINESS sTAeNANT.
Iron Little Stronger, However, Owing T.
the Lockout.

Iron Little Stronger, However, Owing to
the Lockout.
New YORK, June l3.-The general I'M
favorable conditions affecting trade, report
ed by Bradstreet's last week, continue un-
pleasantly prominent. The volume of mer'
chandise moving, so far as data concerning
it are obtainable, is light as compared with
ike periods in preceding years. The &C
cumulation 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 stagnation 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 jobbers Prices in some
lines are unsettled. The $3,500,O 900 to S4,-
100000 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 q 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-
vious dullness. Akron, o., pig iron is
reaching out into the Hudson river valley
and into New England, owing to tsvoring
railway freights, and Southern pig iron con-
tinues to come Northeast, though, as re-
ported, in reduced quantities since the sd-
vance of so cents per ton freight in rates.
The reduction of Eastern and Western pig
iron has declined $500 tons per week since
May /. 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.
TheWashington Agricultural Bureau June
. report, on the growing wheat crop, points to
a probable crop of but S60,OOO.0OO bushels,
as against probable crop of 397,O0O,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 three-6fty or three-twenty 6vemillion-
oushel report. The probable total is small.
tr than that raised in any preceding year
since 1876, the harvest in 1877 for the first
time equaling 364, ,00O,0 900 bushels
Prices have not varied much, but have
been wt II sustained, notwithstanding 5O0,-
600 bushels in the visible supply and q
dragging foreign market. No 2 red, spot,
closed at 81 OF, against 81 Oh last week.
Corn has been dull and uninteresting fol-
lowing slowly after wheat. No. 2 mixed
closed at safe, against 53c a week ago.
Oats, have been featureless. Hog pro-
ducts, at first higher, declined under freer
receipts of hogs, 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 off an
average of 20 points, and middling up
lands, spot, declined to lOsc, against lO4ca
week ago.
TRANSACTIONS In wool are light. naanufac'
,urers being inclined to await developments
before buying. Stocks are light, Prices
are quite low, but fail to stimulate pur-
Chasers.
There were l97 failures in the United
States during the past week, as compared
with l62 the preceding week, and with lS4,
los and and lO4, respectively, in the cor
responding weeks of 1854, 1888 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
10 encourage shipments there being little
demand for mills. Dealers buy unwashed
6ne merino at l6@l7c, medium delsine
upd clothing l8GGl9c, medium combing l8
Cll9c, coarse do l4@l5c, quarter blood
clothing l7@l8c. Fleece washed-Fine
merino 2j@26c, medium clothing 25@26c,
delaiDe fleece 26@27c, combing 25@27c,
quarter blood and low 22@24c, common
coarse lo@20c. .washed-Choice u
(a28c, average 2j@26c, good coarse 22@
&c Pulled-Super 2l@22, and combing
2l@23c per pound.
BOsToN, June l3.-Wool-Demand mod
crate; wool continues to arrive quite freely,
and considerable Texas sold at lI@25c.
Ohio and Pennsylvania Fleeces, Michigan
Fleeces 2S@29c. Fine Ohio Delaine 36c.
and unwsshed combing 2O@2tc. Pulled
woods l9@234c.