Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1886-01-17
THE STATE OF TRADE.
Cold Weather Checks Distribution, but "A
Hopeful Feeling Prevails.


Hopeful Feeling Prevails.
New YORK, January l6.-Special tele
grams to Bradsreets report check in the
distribution of merchandise throughout the
country during the earlier portion OF the
past week, caused BY the severe storm Of
snow and wind which has been general.
This appears to have been universally rec.
ognized as temporary obstruction, and
the :.eling among leading bankers and
merchants at almost all points continues
one Of confidence in the prospects Of bust
ness for an Improvement early in the cur
rent year. AS an outgrowth Of the condi.
tions noted it is added that country col
lections in many cases are reported slow,
, though this is said 10 be due to some ex-
tent to the holding back Of produce on the
part Of farmers, or to low prices received
therefor when scld.
The demand for funds at many OF the
larger interior cities 10 smaller than in re-
cent weeks Dry goods prices are un.
changed, though the total quantity ship.
ped has been materially lessened. Larger
orders for prints are expected. The price
Of f.Is is pow Bic, having had an upward
tendency for ten days past. Brown and
blesched cotton goods are quiet, but
steady. At some points the retail demand
is reported better. The jobbing trade at
Chicago is not expected TO improve mate.
rally until milder weather sets in.
Wool is firm and prices are well held,
owing to light interior ocks and relative
ly small supplies at the seaboard markets
At the latter the weekly sales are moder.
ately large.
Cotton is frmer, spots being Jc and iu-
lures about 10 points higher This is
based apparently on the renewed short
crop talk, backed by decreased port and
interior town receipts, and by stronger Liv
erpool and Manchester cables.
Wheat has had to suffer another season
ef shrinkago in prices, due in great part TO
q in.isr comprehension oi the enormous
supplies in sight at leading markets on
both sides OF the Atlantic. The slight gain
in exports based on the decline, did not
serve to stitien prices, as English quota,
tioas went of in the feag apparently that
America was about 10 unload its surplus
wheat The decreased deliveries at west.
ern primary markets on account OF snow
aud storm and tie decline OF about 700,-
OO0 bushels in the weekly visible supply,
failed to sustain the market, which has
been more active at the decline. There
appears to be less confidence in the perma.
nentIy high prices COZ wheat than before
Other grains have sympAthized with the
depression III whea.. Hog products, too,
went off in price, but subsequently rallied
on increased speculative buying.
The movement of grocery staples is re,
stricted, and there Is no change respecting
dairy products.
Iron continues quiet. The advance in
bar prices agreed on at Philadelphia is
warranted owing to the increased cost OF
raw material Pig shows no new features,
and it il not improbable that it will be .
lower in Nay or June than It ID now. The .
advance OF 30c per ton in railway freight .
rates northward for Southern pig iron ia
likely to partially che,k free shipments in
this direction. |
The total number Of business failures in
the United States reported TO Bradstreets .
durips The pas, weel: was 33t. against 299 .
in the first week Of 1886, 4Ij in the second
week Of 1855, 32l in 1884, and 81 in .
1854 The total reported thus far during
1886 ia 633 against S93 in like portion
of 1857 a decline OF 26O, as against II .
days Of last year. decrease on the aver
ge Of about !" failu:ea daily. The total
for the Grst fortnight OF 1884 was 6G6, or
33 more than in 1886, and in 1883 it was
659, or 26 more.