Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1885-10-26
CONFIDENCE ON THE UPGRADE.

Trade Holds its Improved Copditipn In
the West so Well as to Give Promise.
NEw YORE, October 24.-Special tele-
grams TO Brsdstreet's report no special
change in the general trade situation. At
Boston business is quiet after the late ex-
ceplional activity. In some lines it is dis
appointing, yet the general competence that
sales are to increase rather than diminish,
remains unshaken. The dry goods market
at present is dull. Retailers are believed
to be carrying the large volume Of goods
lately shipped from first hands awaiting
the demand for consumption. There is q
better demand for funds for use in regular
trade channels. There is fair move
ment Of wool at sea board markets for con-
sumption. The larger factories are well
stocked, and the smaller ones are buying
freely for nearby wants. Manufacturing
is relatively active, and prices are firm.
Holders regard the situation confidently,
and are not anxious to sell. There have
been some fair sized iwpoFtaiions Of raw
wool of late. Trade at Philadelphia is fair
in some lines, but there Is no general &C
tivity. The late mild weather has been q
drawback. With lower temperature, bet.
ter sales are expected.
At Chicago the volume of trade Is lighter
than during last week. There is, however,
considerable confidence that the upgrade
movement is to continue. There has been
some depression in feeling. owing to the
decline in the price Of wheat Reports
from interior points tributary 10 Chicago
ara moderately favorable. and while the
demands therefrom 10 smaller, IL 10 still
noticeable. There 10 less demand for cur
rency from New York
At Pittsburg, Cleveland. Burlington,
(Iowa), St. Louis and St. Paul there il
less activity In cemmernisii circles. The
decline in the total volume of Eastern rail
shipments from Chicago is attributed in
part to the maintenance Of the advance IN
tariff rates.
The wheat market has suffered decline
this week, cash at New York losing II
cents. Free sales, increasing supplies IN
sight ct home and abroad, and continued
light exports, contributed to this. At
Minneapolis, wheat has been active and
very irregular on reports Of the intended
shutting down Of the -four mills November
l, on toll receipts and on the expected ed
vance in -four rail rates eastward. Corn
has beeH more firmly held, owing 10 light
stocks, but wheat -four has been weaker,
losing all Of rs cents per barrel for ex-
port.
Iron Is quiet and unchanged, either o. to
demand or price. Petroleum, upexpect-
edly to some, hsg nearly maintained it's
Advance Of last week, largely owing to the
excessive short interest which followed the
appearance Of the quotation at 81 10 per
barrel.
Provisions have been duh and loxer, and
ocean freights Without features. The
movement Of commodities abroad has not
gained. In grocery staples, there has been
On increased movement IN sagsr and cof
fee but prices are weak. Tea 3 depressed.
Dairy products are in steady demand fol
home consumption, but behind last year
for export
There were LAG failures in the United
States during the past week, as compared
with 164 the preceding week, and viii
234, zoe and 1871. respectively. in the cor
resoondipg weeks Of 1854, le53 and 1882
| Ab5nt SIS per cent we're those Of anal
/ traders. whose capital vas lees thsn &, 0O0
! Canada bad ~, An increase Of I.