The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1886-09-25
THE BUSINESS WORLD,
THE BAROMETER OF TRADE,
The Features that Characterize tho Flow
of Commercial Life = "Badstresrs"
Reports of the Condition of the Coui.
try Failures for the Week.

New YoRE, Sept, 24.-spsclal telegram
to BradStreEts report, a continued full vol
ume Of general business, though Their
have been less favorable adyiCes from sew
eral points, While the movement Of sta
ple products from Boston has been good
1t has been less regular, notably In dry
goods, which, however is regarded as nat
ural after the exceptional activity enjoyed
Of late at St, Louis, New business con
tlnueH 10 be reported, but the rate o.
increase is less than previously noted.
There lisa quieter tone OF trade at New
Orleans where the predicted earthquake
appears To have prevented appearance o!
country buyers TO some extent, The re.
tall trade at Savannah has been checked
since the late disturbance Of the earth and
there remains OF course much to be done
at Charleston before the commerce Of that
city resChes lts former proportions,
Owing to the late failures on the Pacific
coast business at San Francisco ia more
quiet and somewhat unEettled, At most
other cities ia full volume OF commercial
transactions already noted exceed the late
periods.
RAILROAD EARNINGS AND BANK CLRARIEas.
The increase reported In the east bound
trunk line railway tonnage Of late weeks
Is reflected in the augmented totals OF rail
way earnings. Those OF forty roads spe.
clally reported to BrGdslreet's for the re-
cord week in September amount to 81 08l,.
lS0 against 81, on, ,575 in 1885. From Janu.
ary lst to date the total Is $l20 $780, 900
against Sll2,3OO,OOO last year, q gain Of
over 81, 200, 1000 or s percent.
The bank Clearings ut thirty cities for
the current week given to-day by Brad.
streets aggregate S06S,46l,ll6, against
1915, III 1856 last week, and 500 34l $40 in
q like week OF 1885. Some OF tho 10 per-
cent gain this week over last Is due, OF
course, to the widening Of the spec.
ulativs market In Wall street, as against
1882 the increase in the clearings Ia IS
percent. The Wall street stock market is
excited and bull fever prevails, based on
the settlement OF the troubles OF Reading.
Prices Of nearly all active stocks show
material advance. TRANSACTIONS OF the
week amount to $3,40O,00O shares,
against 81, $4,000, last week, and $3.50, 900
the proceeding week.
Bonds also paftake OF improvement, trans.
actions amounting to $l0,033500 against
81 ,265, 900 last year.
Tho leading domestic money markets
OF her than New York, continue for the
most part somewhat easier than last week
though at q few cities the current contin-
ues toward the country and the demand
tends 10 exceed the immediate supply.
The principal dry goods centers report
no uniavorable features, Notwithstanding
the slight check at soma points. Stocks
Of cotton are light in the interior.
WHERE WOOL STANDS.
Wooleng are expected to advance in
price during next season. Raw wool is
again strong and prices are again higher,
with the movement OF manufacturers
heavy. The belief appears general that
the American clip Is short and Australian |
Is certainly worth more abroad than it Is
here.
There 10 lees satisfaction found in the
tone oil the grain market than elsewhere.
Receipts at the northweat have been
very heavy. Export demand has been
checked and speculation in favor OF low
figures. Louisville reports q favorable
tobacco crop with priCes fsvoring sellers.
The announcement OF Lychts' estimate
of the bset crop depressed the sugar mar.
ket to on this side. The visible supply
shows further shrinkage, II being now
9O,GS5 tons, against 1905, 1884 tons at the
same date last year. |