The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1885-12-08
BUSINESS PROSPECTS.
DEcEMBER's GooD OPENING
In Iron, Steel and Wool Worry FIattOrinE.
The Markets Reported Fairly Active.
building Boom on HAnd-Gsn.
ornI Trade Notes of Interest.

Special Correspondence Of The IateiliGnor.
PHILADELPHIA, Pa, Dec. 5.-December
opened on advancing activities in iron,
steel, wool, leather, carpets, boots aud
shoes and lumber. There il no assurance
that this upward tendency will continue
far into January, as it is due chiefly to AZ
unexpected activity in duplicate orders
and to the movement Of consumers Of
heavy material to guard against an unex.
pected demand. Carpets will advance
because OF dear wool, restricted output
and exhausted stocks. Hosiery is ordered
freely and spring deliveries are under way.
All the textile interests will be full OF or.
ders for the spring trade. Duplicate orders
from southern and western markets are
coming in freely.
Boot and shoe markets in New England
are contemplating successful combine
ton against what is termed trades union
dictatlon. Business is active and prices
are firm. New branch houses are being
established in the west, to deal direct with
manufacturers and this course is also pur-
sued in the dry goods interest.
WOOL AND IRON.
Tho wool markets are fairly active and
manufacturers are buying for winter con-
sumption ninety percent OF the mauufac.
turing interests will petition against
change of tariff duties. A large number
OF looms and knitting machines are being
put in place here and in New England
textile centres.
The iron trade is active and firm prices
rule everywhere. Heavy transactions
have been closed this week in crude aud
finished iron, foreign and home, as well
as In bridge materials steel rails, old rails,
etc. The stream OF requirements for
machinery and motive power, for tools,
engines, ETC., is so strong that manufac-
turers are induced to cover probable re-
Quirements.
Increased activity is reported at car and
locomotive works. Business footing up
half a million dollars has been handled
by manufacturers OF electrical light devices
within ten days, ior cities, towns and for
manufacturing and private houses.
The lumber and coal trades are in
vigorous conditions in Atlantic and lake
markets. Prices are firm and freight
rates by waterand rail continue to advance.
A DUILDING DooM
During the past week large amount of
house, factory and public building work
has been projected in New York, Pbila-
dc!phia, Gs well as in western cities.
Architects, investors and builders, are
preparing for an early revival OF building
activity in the spring. Makers Of ma
chinery have just closed large contracts
for milling, mining, railroad and machine
shop appliances for delivery in some Of
the, southern states between FEBRUARY lst
and April lst.
Competition will no doub. play an I'M
portant part in next years activities, but
there is well founded belief that between
an assured conservative management and
restricted output and increased demand
and the encouragement afforded good in
vestment in nearly every avenue Of trade
and industry, that the margin OF profits
will be perceptably wider during 1886 than
during 1885.