The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1886-10-30
A VERY SLIGHT CHECK
IN THE VOLUME OF TRADE,
Though Brighter Prospects are Looked For-
ward tO-The Movement OF MsrChan.
dISS-Tho Money aud Stock Mar
ket - Iron and Wool,

NRw York, Oct, 2O-SpeCial telegrams
to BradsIrest's while recording a some.
what improved movement in merchandise
at Chicago, Burlington and Davenport,
Iowa, at Kansas City and New Orleans,
they reflect on the whole continuance
Of the late check to general trade. While
this appears to be Of q seasonAble chRrac-
ter, alter he recent period Of active trad,
Ing there Is little in sighr at this moment
to suggest. an immediate improvement
although public confidence In its appear.
RnCe In the near future is unRbated, From
number OF points word comes that mer-
camille collections are made with less loss,
which Is attributed in part to the low
prices Of staple farm products,
At most OF the cities reporting better
business, cooler weather prevailed.
The practical holiday in many lines at
New York on Thursday cut into total
volume OF transactions and Is reflected in
the weeks 1 bank clearlngs, together with
exchange in a loss OF about $l25, 100000
from the total Of S76S,SO0,OOO last week,
The total OF bank Cearings at so cities
this week Is SOS4,074 ,l20, against
81 ,O00,462,084 last week and S07l,-
SB4, l05 in like week last year,
Boston and Philadelphia each lost $l2,-
OOO, 900 this week as compared with last
weeks earnings, Chicago lOat 81 ,4O0,0 900;
St. Louis, $2,700,000. and Baltimore, ST.
100000, while San Francisco gained ST.
O,OO0i New Orleans, $SOO,0OO.
MONEY AND STOCK MARKET.
The western money market generally
continues quite firm with the current Of
funds still to the West. The demand for
funds Tor general commercial and indus
trial enterprise ut most large cities con-
tinues marked.
The stock market was hesitating and
somewhat lower during the early portion
Of the week, with considerable bear talk
and selling short. This was followed by
revived bull movement, and consider
able advances In certain stocks. The
transactions Of the New York Stock Ex-
change for the week were ], 200, 1853 shares,
against 2,52S,275 last week. Bonds were
generally strong and advancing
the on the Stock Exchange for
the week to $0,352, sos, against $li ,5O5, 800
last week. Money was much easier, the
arrival OF large amount oil gold from
Europe tending 10 give less stringent
tone. Gall money was quoted at A to q
per cent, and time loans about per cent.
Exchange continues weak and slow, with
prospects favorable To further gold i'm
ports. Commercial paper is In poor sup
ply, but rates are still we'll sustained.
The distribution Of dry goods from
eastern centres has been notiCeably
checked, although prices are strongly
held.
Tho demand for raw wool from manu-
laCturers Is not so large as in September,
though the decreased demand from east.
ern knitting mills has caused no weakness
yet.
The strength recently shown in iron
and steel is fully maintained.
Wheat has been stronger and higher again
after reaction from an advance made
early with4he week speculRting. Foreign
war rumors and the growing opinion that
importing nations will yet have TO buy
largely from the United States are under.
meath tho most recent advances.
Rains and frost in many sections this
week has not resulted in widespread
damage.