The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1886-02-02
BUSINESS BUDGET.
AFFAIRS AT EAsFERS oENTERs,
Large Orders for Old Rails and Ro'SsmSr
Pig-CopdltiOn Of PrlCSI-TsElIlS Manu-.
featuring Embellishments booming,
The Paper aud Lumber FIAdSs.
Special DisateA to u. hislIigeaoa,

The Paper aud Lumber Trades.
Special DiSPatsh to Is hllslIigeaeE,
PHILADELPHIA, Feb, l.-PennsylVsnii
aad New York brokers csblsd to-day t.
Liverpool and London for old rails aggre
eating 10000 tons, ii deliveries could bt
made on this side at S22, and for between
twenty and thirty thousand tons OF Besse.
mer pig at prices equal to $40. Large or
dera have just been placed for tin plate
pig iron, steel wire rods and tin. Iron and
steel makers made inquiries this week fol
large quantities Of xxx material in view
Of tho strengthening Of prices, which they
apprehend is likely to lead to an advance
In prices within thirty days, In some
quarters no apprehensions whatever are
felt OF any permanent advance in prices
on account Of the enormous capacity for
Iron aud steel making, which, il kept at
its maximum limits for few months, will
supply the heaviest possible requirements,
Merchant iron Is firm, Nails are deClin.
ing and are selling to-day at S225, Steel
rails are $i4 to $30. II was given out 10.
day that 10000 tons OF bridge iron will be
placed in February for bridge work to he
erected during the coming summer.
The textile workers ot New England
have succeeded in establishing two weeks
pay, in advancing wages Ave to ten per
cent aud In good many cases establish.
ing arbitration as u means Oi settling lut.
ure labor disputes, Sales Of wool in the
Ilree lO1ding wool markets Of the East
reached .. 900 600 pounds for the past week
and manufacturers pickingup supplies,
wherever they can be found
TgxrILR MANUFACTURERS,
The textile manufacturers 'makirg
wooden and worsIed goods, hoalery and
knit goods, cloth and clothing, are every.
where quite busy with orders on hand, or
that they expect 10 receive within thirty
dsyD, Every thing IL oi u favorable char.
aGter In the leXtlls interests, and within
thirty day5 more new machinery will be
put into place in this city and New York,
than has bsen placed in position for four
or five months previously. all textile
products will command prices ranging
from 10 to20 percent higher than last year,
wherein wool Ia the principal material
Notwithstanding the upward tendency In
raw material Gnd luished products, tray.
sling Ggents Ia the. South pad West are
sending IN larger orders than they did
twelve months ego.
The complications in tho anthracite
combination, II Is given out to-day, will
be settled within week. Several efforts
have been made 10 establish bituminOus
COSl pool, but the refusal Of the Penn,
sylyania Company to cooperate and It's
known determination ~ look after its own
coal and traffic interesLs IL giving all com.
petttoTs q good deal oi concern. This,
however, promises the small operators ID
the Interior Ct the State but very little ad.
vantage, Us 1t is the programme to gobble |
them up ono by one, and ultimately put
the bituminouS Coal interests In the cen.
tral part Of the State in the hands OF the
lew.
THE PAPER TRADE.
The papeF mills throughout the New
England and Middle States arc increasing
their production Of all kinda Of psper, but
prices have not CoIespondiDgly advanced.
The Improvement Is taken up by the In.
creased cost Of raw material. HlanuiaC.
turers are anticipating very heavy year,
as buyers OF paper OF all kinds are put.
suing the policy otcarrying heavier stocks
than last year. Prices range about eight
percent below those Of twelve months ago
and NftnnO nnrnDnt bnlo1, tbnan ~ N,ro
years ago.
The boot and shoe markets Of philadel.
phia have more orders on hand at this
time than a year ago. Southern trade Is
poor and Eastern trade is good. Morocco
leather Is bought up promptly and manu-.
ilciurers are carrying liberal supplies Of
leather. The Cincinnati tanners have ad.
yanCed prices two cents per pound. st.
Louis tanners have advanced leather
second timo. Several strikes arO In pro.
gress In New England, but gradual bro.
gress ~ being made 10 establish perma.
nently harmonious relations through ar.
bitTation methods.
LUMBER AND BUILDING,
The demand fer Gil kiads OF lumber,
especially the hard woods, will from pres-
ent indications, bo very heavy through.
out the coming year, but wholesalers
along the Atlantic coast are deferrIns
placing orders until every element OF un.
certainty, as 10 demand, will DO removed.
Prices are firm but will likely weaken, as
the dodgers ere intending 10 throw all
maXimum supply on the market.