Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1885-07-13
The TRADE OUTLOOK.
NoIncr,a.s in the Volume of Moving ,

NJ Increase in the Volume of Moving SIer-
cAardi>e Reported for Last Week.
Nv IuEN July ll-There has been no
increase in the volume Of moTing merchau
else lQrlug the past week Special kilograms
20 Erads,yee.'s from many Of the larger
trade ceIter report almost uniformly mid.
simmer dizziness IN stable lines. At BAit-
more, as well as At New Orleans, although
business Is inactive, the tone is reported 70
be a;roGg. under the influence Of eX-
pec'atious Of full crops az the South
This holds true, aS at Galveston
and Others of the larger Southern cities buy
ing is couseryativsly slow. At Minneapolis
and 81 Paul the country merchants are said
70 be buying in small lots only, but the
prospect of fair harvest OF spring crops, as
reported 5y wire Yesterday to Brads'reeJ )
encourages jO5bers 10 look ahead to good
business IL the autumn. The advance in
ast5Oaud rail rates on grain and on pro-
vision, TO Is and 20 cents per 100 pounds
respectively, did not result in any apprecia.
ole change in the movement Of produce
owing. doubtless to the existence Of unex-
pired time contracts with heavy shippers.
Lake tseights on grain are weaker, and the
movement of cereals is light.
surplus Funds Heavy.
The leading financial centers o: the
country are az heavily charged with surplus
funds as ever. Al Chicago as al New
York, the lowest call loan rates known have
been made, and large lenders on good secu
rites are practically in the hands Of Dor
rowers. la the grain trade operators are
interested in learning the probable amount
of surplus wheat carried over on Juiy in
the United S's,es. Bradstreets calculates
on the basis Of production, exports, average
domestic consumption aud increase of pop
ulation tor three years, that there were
about liz AoG coo bushels of ol' crop wheat
on hand the Isl instant Of this 5000.
200 Bushels as wheat and 10000 900 as
flour we're accounted for in Brsd5lreet's Wis
IDLE supply report o! July l. thus pointing
TO = 600 coo bushels still in frs
hands. OF which about IS,
OOO.Opo bushels may be considered
available This points 10 96,OOO,O0O bush.
eis Of available old crop wheat allowing 20
GOO 600 for next year ) surplus. The Gov
eminent wheat report for July, which prom
ised little more than enough for home con
sumption, was expected yesterday, but did
not appear. Prices of wheat have shown
little or 20 strength under the heavy sup
plies in sight with exports at low ebb and
lack speculative demand No. red closed
at % e. against S9{c q week ago,
Corn is testureless but moderately firm.
Flour is dull, almost stagnaut; holders al,
feet 10 maintain prices, but do so By reEus-
ing to sell. Provisions are duh aud low.
Petroleum is active and the bullish as
uect Of the market is fully maintained
Certificates Of crude closed at "T!c, gain
Of about 20 per cent within three weeks.
Lon Dull.
Iron is dull with no improvement IN sight
Coal mining is more active, out the demand
is not correspondiugly better
Cotton has been rather firmly held, owing
to speculative influences, Notwithstanding
the crop news has been the reverse OF favor,
able TO higher prices Dry goods are quiet.
Print cloths are little hrmer, owing to the
restrictions placed on production. At a
number OF points the volume of dry goods
placed during the first half OF 1885 was
lutte equal to that Of like part in 1884,
but prices have been much lower.
Wool has been more active, and interior
holders views are now above those OF buy
ers at the East. Considerable WOO! has come
forward aud Eastern markets are fairly well
stocked.
CcHve and sugar closed weak, and tea is
depressed.
Dairy products opened dull, but improved
With an advance in cheese.
Ths.e we're 10 failures in the United
Statss during the past week, as compared
with ~ the nrecediry. -. 81, aud with l'i
l,u 49,, ! rAsrartiyely in the correspond.
ING weeks OF 1854, 1888 and 1882. About
= PER cent. were those OF small traders
whose capital was less than $1,000. Canada
had -, au Increase Of ..