Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1886-09-18
A GOOD TRADE WEEK.
AN INCREASED DISTRIBUTION OF NER-
CHANDISE REPORTED
To Brsdsreefs With a Wide Spread Tendency
To Higher Riess-EnOOuraging Reports From
All Leading Gdss-COllsctiOnS Surprising
ly Easy and the Outlook Bright

NEW YORK, September lS.-The trade
dispatches to this weeks Bradstreets tells
Of an increased distribution Ofmerchandise, OF
with distinct and widespread tendency
toward higher prices flor staplei goods.
Facts rs telegraphed from leading cities are
almost uniformaly encouraging. From
New England autumn business is re-
ported in excellent shape. Philadelphia
reports with prices tirmer. ST. Louis finds
still further improvement, anticipating
higher prices AT Louisville business is
active, with firm movement, diStributiye
trade, especially well employed The
merchandise movement at New Orleans
has been very brisk, with prices of staple
goods, except flour, advanced on the week.
From Chicago reports in important
branches trade, surprise is expressed at
the ease of western and northwestern col
lectiOnS. Some lines report.
MONEY COMING IN
A month ahead of time. Good reports of
collections generally have been received.
In Iowa trade centerS report further salts
factory trade movements Reports from
st. Paul and Minneapolis say general trade
is favorable. The dry goods trade i'll st.
Paul is particularly prosperous.
Loan markets throughout the country
generally are reported more active, with Il
tendency to higher rates. At Cincinnati
the rate of interest has advanced from
One-halfto one per cent. The New Orleans
money market is active Collections are
somewhat slow at Louisville on account OF
low prices OF tobacco, and reluctance of
shippers.
The bank clearingS at 30 cities for this
week mount To SS7l, ,616, 3SJ, compared
S777S, O69, ,9lI last week, and with 1927,
J69, 300 in the like year OF 1885. The i'll
crease last week from the total OF the pre-
cecding week was 24.5 per cent
and this week the increase is -. A per cent;
Us against one year ago the gain is 20 per
cent.
Here is marked revival Of speculative
activity in the New York stock market.
Transactions this week amounted to ST.
100, 900 shares, against $3.50, 900 shares last
week. Governments avanced on pur-
rhaScs by national banks. Money is cas-
ier. though rates are firm between ) and Il
per cent Foreign exchange is weaker on
decreased inquiry.
EASTERN WOOL. Markets
are no less favorable for holders; tendency
of prices is upward. On some lines 4 rise
of half a cent pound was attained,
The Boston wool market is stronger and
more active ut the close London wool
prices are firm and strong Wool sales
ut Philadelphia are larger than
for any previous week this
year. Boston reports remarkably
favorable condition OF the dry goods trade,
Cotton goods are closely sold up ut the
mills. Distribution is considerably ahead
of last year. The jobbing dry goods trade
ut New York is slightly less active. I'M
provement in the coal trade reported last
week is we'll maintained.
The general situation in the iron trade
continues strong, prices well maintained.
The visible supply OF sugar which stood ut
|, ,017, ,Gi3 tons two weeks ago, has further
decreased to 973, G53 tons against |, ,02G,39l
tons same date last year. This with rc-
ports of damage to the crop has caused
higher prices. Coffee has again been
excited under furthur speculative manipu- !
latiOn, strengthened by smaller receipts
and advanced lie Il pound. domestic
rice sold in New York ut lowest price lor
years in consequence Of heavy supplies.
the week previous to the laSt. The cas-
ualtieS in the Pacific States and i'll Canada
are still above the average in numbers.
In the other sections OF the country they
are light.
BuSINESS FAILURES
Ocrurrin" throughout the country during
the last seven days Us reported tO X. G. Dun
Il Co, number Tor the United States, l52,
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