Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1885-07-12
THE TRADE OUTLOOK.

No Increase in The Volume 5f Moving Mers
ehandise Rsported for East Week.
Nzw YORK, July ll.-The7e has been no
increase in the volame of moving merchan.
disc d,ring the past week. Special kilograms
TO Bralstreet's from many of the larger
trade center report almost uniformly q mid.
summer dullness in stable lines. AT Bslti.
more, az we'll as at New Orleans, although
business 10 inactive, TIE tone is reported to
be strong, under tie influence of ex.
pectations Of full crops at the South.
This holGS true, Is at Galveston
ard Others CT the larger Southern cities buy.
ing is conserIatively slow At Minneapolis
and St Paul the country merchants are said
TO be buying in small lcts only but the
prospect of iair harvest CT spring crops, as
reported BY wire yesterday to Bradstreets,
encourages jobbsrs' 10 look saead to good
business in the autumn. The advance N
eastbourd rail rrses on grain aud on pro
visions to Is and 10 cents PEI 100 pounds
respectively, did rot result in any apprecis-
BILE change in the movemonS of produce,
owing, doubtless, to the existence Of unex.
pired time contracts with hesvy shippers.
Lake frsigbrs on grSin are weaker, and the
movement of cereals ia light,
Surplus Finds Heavy
The leading eacisl centers of the
country are as heavily charged with surplus
funds as ever. AT Chicago, as at New
York, the lowest call lean rates known have
been made, and large lenders on good secu-
rites are practically in the hands Of Dor.
rowers. In the grain trade operators are
interested in learning the probable amount
of surplus wheat carried over on July in
the United States. BraGstreets calculates
on the basis of productions exports, average
domestic consumption ard increase Of pop.
ulation for three years. that there were
about 10000, 600 bushels ofoF crop wheat
On hand the lst instant. OF this $4,000.
900 bushels az wheat anG' 100000 as
-four were accounted for in Bradstreet's Wis.
IDLE supply repRt of July /, thus pointing
to- $4,000 900 bushels still in frs
hands, Of which shout 29,.
100000 bushels may Je considered
available. This points to $4,000, 900 bush
els of available old crop wheat, allowing TO-.
100000 for next years surplus. The Gov,
ernment wheat report for July, which prom.
sumption, was expected yesterday, but did
not appear. Prices of wheat have shown
little or no strength under the heavy sup.
plies in sight, with exports at lsw.ebb and
lack speculative demand No. 2red closed
at 96sc, against $3.50 week ago.
Corn is featursless but moderately firm
Flour is dali, almost stagnsnt; holders al
feet to maintain. prices, but dc-so by refus.
ing to sell. Provisions are dull and low.
Petroleum is active and the bullish as.
peet CT the market is fully maintained.
Certificates of erode closed at 978c, gain
Of about 20 percent within three weeks.
Kon is dull with'no Improvement in sight.
Coal mining IS more active, bus the demand
10 not CORES 2ondip9ly better.
Cotton has been rather firmly held owing
10 speculative iuaaences, Notwithstanding
the crop news has been the reverse of faver
able to higher prices, Dry goods are quiet.
Print cloths are little firneF owing to the
restrictions placed on production. At q
number Of points the volume of dry goods
placed during the first hsk of 1885, was
quite equal to that of hke part in 1894,
but prices have been much lower.
Wool has been more a3SEe, and interior
holders views are now above those of buy
ers at the East. Considerable woslha come
forward and Eastern markets are fairly well
stocked.
Coffee and sugar closed weak, and tea is
depressed.
Dairy products opened dull but improved
with an advance in cheese.
There were lie failures in the United
States during the past weak, as compared
with 1872 the preceding week, and With l94,
lao and l24 respectively in the correspond
ing weeks OF 1884, 1888 and 1892. About
ss per cent. were those of small traders
whose capital was less than =, 900 Canada
had "a, an increase of 5.