Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1885-05-03
STATE OF TRADE.
The Volume Of Business Is Fair, but Net
Suggestive Of Revival

The Volume Of Business Is Fair, but Net
Suggestive OF . Revival
New YoRx, May 2.-The general tenor
Of the special telegrams received BY Brad
streets yesterday corroborated the view
taken by this journal early in the year, that
while the spring season would be likely TO
result in moderate degree of commercial
activity, which by comparison with the
winters dullness might suggest a trade
revival, that the volume of merchan-
disc distributed would fall behind the
total during the like period in 1884, and
that the end OF the season would bring no
prospects of q revival in the near future.
This forecast holds true at the present time
the close of the spring season. The pas.
week revealed no gain in the distribution OF
merchandise in suy line with a possible e1-
ception in favor Of boots and shoes from
Boston. Dry goods are as slow OF move
ment and as unsatisfactory ss to the margin
OF profit as heretofore. The sales Of grocer
les and provisions have not increased.
At the West unfsvorable weather has pre-
vented good trade in most lines, and the
resulting dullness has been emphasized 0y
farmers being busy with spring farm work.
In the Northwest the weather has been
excellent, and farmers have been crowdlng
every effort to increase their spring wheat
acreage. Seeding is well advanced,
and the plant, where up, IS thriv'
ing well. Chicsgos general trade report,
while admitting no favorable outlook, takes
refuge in the claim that there are no signs
Of lower depths. The damage to the winter
sown wheat reported By the government to
amount to shortage Of fninety-three million
bushels as com pared with the crop OF 1884
points to harvest Of nine hundred and
twenty.four bushels, quantity equal to
the harvest of 1888. Prices
of wheat and flour have been un-
steady under the varying rumors as to the
prospects of war abroad. In accordance
with the tenor of late reports, the move.
ment has been upward. No. red closed
last night at 81 03l, against 81 90! last
week, and No. 2 mixed corn at SOC, as
compared with sec. Flour has advanced
25@35c per barrel. hog produ It's have
been dull and inactive. Speculation has
been light and purchases for export limited
as for grain.
The general industrial situation is prac-
tically unchanged, interest centering on the
approaching contest between the Western
iron and steel manufacturers and the Anal
gamated Association of workingmen.
Raw wool is in little better demand II
eny, Notwithstanding the improvement in
the request for certain lines of woolen goods
The prospective pressure OF the new CLIP
prevents a gain in prices. The war news
exercised depressing influence on prices
of cotton, and middling uplands closed al
10 lI-l6, as compared with lOsc on April
| "a
There are no new features as to iron OF
coal Petroleum is slightly higher, but the
reports OF production during April are de
pressing. The movement of grocery sta
Piles is still Disappointing Coffee and tea
are lower. Sugar advanced on speculative
buying. Canned goods are weak, Dairy
products are lower and quiet.
There were l67 failures in the United
States during the past week, as compared
with l08 in the proceeding week, and with
Isl, 1872 and 96 respectively in the cor
responding weeks Of 1884, 1888 and 1882
About 81 per cent. we're those OF small
traders, whose capital was less than s., 900
Canada had 80, an increase of 9.