The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1885-01-05
STATE OF TRADE
GENERAL CONDITION OF BUSINESS
the Country not Materially I'M.
proyed-Bet,er Prices Ruling in the Dry.
Goods niarket-wooi Favorable to
Holdsrs-Reyiswof of the Iron Trade.

NEw YoRk, Jan. 81 Bradsreets Jour,0
in its commercial summary says: 9TH
general movement Of merchandis,
throughout the United States has no
specially improved during the week. l
may be said in detail of dry goods (whicl
tended downward all through 1884 unit
1885 that they, on the whole, are highel
and tirmer than month ago, with a bet
for feeling. The advances recorded ir
cotton goods are sustained. Housekeeping
linens have advanced 10 percent in for.
eign markets. Iron may yet 60 lower
(pig), as coal is cheaper 10 Eastern fur
naces, but the definite statements on this
point are difficult to obtain.
The money market at most centers Is
stronger, owing to the improved demand
for funds to make annual settlements.
Cotton is steady, with future prices de.
pending much upon the movement oil
supplies from this date. Special tele-
grams from many Southern towns report
the amount remaining unmarketed very
light comparatively, and indications are
pUluLlllk W lehstllcu TGCflptb.
Aspecial telegram to sBrddstreetS from
st. Paul states that reports from all West
ern and Northwestern cattle ranges are
gloomy, and the further West the worst
they are. Out of 2l5, 900 cattle driven into
Montana, but $4,000 will survive the
severity Of the weather.
Word comes from Charleston that naval
stores operations during 1884 have been
the most improbable since the war. Cot
ton collections in the same territory have
been generally good. ,IBs Y
-. WOOL. tlilit57- X Z
New YoRK, Jan. 3.-Buyers who come
upon the market appear to handle only
small amounts, and. indeed, tho weeks
new demand has rarely gone beyond the
most imperative necessities Of the hour.
In view of the season, however, it is
hardly fair time to test matters, and
nothing positively conclusive can be de-
cided as TO strength or weakness of the
market from the basis Of current busi-
ness. The indications, however, are
thought to be favorable for holders OF the
more desirable parcels OF clothing woods,
as the accumulation Of such in manufac-
turers' has not been filed at any time, as
wants ievalopa they must continue hnv-
ing, and the supplies in sight
auUrd about the onIy basis 70 draw
upon. There is certainly no great dan
ger from abroad, though local opera.
tor recently returned from the Eastward
informs US that in quiet way offerings OF
Australian wool "to arrive' could fire.
quently be heard, with some sales inti-
mated ut about SSaS9c. One good pointin
favor OF holders is the absence OF objec-
tion TO current prices, nearly all customers
to old rates readily, and in
some cases even abandoning former eX-
tfeme low bids, made only for safety, and
coming up closer to holders ideas on the
parcels wanted. The lower grades Of stock
are steadily working out also, and with the
finishing up OF some old negotiations
swelling this weeks sales up to fair pro-
poftionsSfor the season, ,Ssthe new year
seems to open on q reasonably promising
market, and the more sanguine operators
insist that the outlook is quite promising.
It certainly does not look as though buy
ers in @antof stock could gain anything
by further holding of.