The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1886-05-15
THE WEEK REVIEWED
GENERAL TRADEsITUATIoN
The IpauSHss of the Eight Hour Movement
on the BuainsSS Of the COuutIy-ThS
West Doing Well In spite Of the
Complicated Industrial situation.

NEw YoRE, May l4.-special tslegrams
to. Bradstrssts' indicate that the industrial
agitation in favor Of fewer hours work
daily has largely disappeared elsewhere
than at Chicago. At New York it has
been practical failure, while at Chicago
the attitude OF the manufacturers in sew
eral lines, locking out some 1900 en-
ployes, who demanded shorter day,
promises to arrest the progress Of the
movement,
Supplementary reports to BTGdStrfel'S
show that within two weeks there have
been strikes at the leading industrial cen.
tres, to secure fewer daily hours OF labor,
aggTegating 200, 900 employees; that $50 600
have secured concessions without striking,
and that not over 10000 OF the 100000
strikers have secured their ends. This in
dicates that over 10000 persons are work.
ing fewer hours per day thaa one month
ago, q small proportion OF the total mum.
beE claiming TO be interested, with favor
able change in the industrial outlook,
okSEAAL BUslSESh'
General business Ia reported to have
made some advances, notably at such
cities as Detroit, Indianapolis, Peoria,
Omaha and Dubuque, and like advices
come from Savannah, Dallas and New Or.
leans. There is, Of course, marked Inn
provement at Chicago, in part due to the
receipt Of delayed orders, the total volume
being equaliZed TO an average weeks busi.
ness at this season. At Cincinnati and
Milwaukee trade is quiet, the labor
troubles still having depressing effect.
AtSt Louis l. is duller and not steady, be-
ing shaded notably in dry goods.
At the larger eastern cities there Is no
improvement visible, Philadelphia re-
ports trade sluggish and unsatisfactory.
Baltimore RdViCes state that 1t continues
checked and Boston that 1t 10 inactive,
though there is lees fear Of Interruptions
from labor disturbances,
HONEY AND STOCKS,
The New York stock market was fairly
strong during the greater part Of the
week and advanced irregularly on the
manipulation OF prices. The death OF a
prominent bear operator was the chief
feature Of the week and the labor situa.
ton was little discussed.
Government bonds were quiet. Rail.
road mortgage bonds were irregular and
investments steady. Money on call Is in
fair supply from II to q percent. Com.
mercial paper Is scarce with rates at per.
cent for the best names. Mercantile col.
lectious have improved at st. Louis, Du.
buque, Burlington and at New Orleans,
but are slow and unsatisfactory at most OF
the other points. Interior money markets
generally are easy. The demand at Kan.
sas City has been largely for renewals.
Funds are in good request at st. Paul and
commercial paper is offering with inCreas-
ing frequency at st. Louis. The Chicago
money market is quiet.
GRAIN MARKET.
The bears have been favored in the
grain market. Heavy interior stocks and
speculation backed by very favorable crop
reports have resulted in decline OF q on
No. 2 red wheat at New York during the
week and an average decrease Of 10 cents
per barrel on -four.
Louisville tobacco receipts are light.
The distribution Of dry goods has not
met expectation being particularly
light from commission houses with
decreased consumption.