The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1886-12-11
OF THE WEEK
IN GENERAL BUSINESS orpoL s,
a Season of Great Speculation In CONNER.
CIal Csntsrs-EaOrmuuI Dsalisgs oa
'Changs-Ths Production ot Iron
The State of Trade.

NEw YoRE, Dec, l0.-The following
trade review for the current week is com.
piled by R. G, Dun & %. A "Jauusry
thaw" came in the markets last week; In
oil and mining stockH a freshet, which
continues; in railroad stocks aud grain
disagreesbls softnsss, though The tone
Is now more confident. London
buying still stiGsns stocks and
the rise in silver caused by French coin
age Tor TouQuln helps grsin and has start.
ed the speculative fever in cotton, Slfl-
uess In some markets Ia balanced by ths
hardening OF prices ju most branches OF
legitimate trade, bat speculative iailnres
burgh, Chicago and New York, and 10
those are added some important and
numerous small commercial failures,
ENORMOUS DEALINGS,
Dealings here were enormous; 49,.
7i5. 900 bushels Of wheat, 10000, ,OOOin one
day; G.O0l, ,76O shares Of stock S5,OSS. GOO
barrels Of oil here, and 100000 in one
day at Pittsburgh.
Wheat had not climbed far and had not
far to fall. The highest price reached was
rbout 90 cents against November aver.
age OF 50, and 81 in October, Corn de-
Cltned but little and lard one.eighth,
Pork products being sustained by de-
gree OF 81 percent in Western packing for
hall OF November owing to the Chicago
strike.
Cotton receipts for the week were 49,.
Ss7 bales below last year, bat Us, 900 bales
larger for the season thus far, and the
price advanced fve.slxteenths. OIL col.
lapSed Z cents In one day, and l3 cents for
the week.
A coffee speculation bsgun in Europe
on account Of coming ghort crop In Bra
I'll lifted the price full cent.
THE IRON MARKET.
The iron production for December was
l2I,36l tons weekly, against llS 502 tons
November l, and Tor the eleven months
has been 4,74l,4OO tons anthracite and
bltumirous, while the British make falls
from 7,25O,OOO tons last year to G,75O,OOO
for this year. The key OF the
iron market is the sale Of l, ,2SS, ,06l tons OF
steel rails for this year, OF which
the record is most significant.
No less than 797,8O7 tons went west OF
the Mississippi ald S0l, ,O54 tons east; $685.
100 tons north, including 460925 tons
west Of the Mississippi and 1866 tons
south including 2SG, ,4S2 west OF the river.
Large sales were made last week at $35,
md pig Is now quoted at $40.
PriCe5 are hardening III sugar, spices,
tea and canned goods. Sugar Consump.
tion has increased largely abroad, and it
Is claimed, overtaking the supply. Ex-
ports were small last week, but for five
wooks show an increase OF SO percent
over last year, agslnst rs percent increase
in importa.
FINANCIAL,
Gold still comes, $1,2l2,OOO during the
week with sl,4OOOOO more reported
shipped.
The treasury took in sl,SOOOOO gold,
put out 100000 legal tender aud $2,OOO.-
300 of silver certificates, Money is gen.
orally reported In good supply, though the
demand is large. Collections are generally
...E
Tho business failures during the last
Ieyen days number, for the Uuited States,
962; for Canada, 22, against 2l2 last week,
md 2l6 for the week previous. The ln-
'rease noticeable Is mainly in the South
'rn States where the casualties arc far
lhoYe the average In number, II not i'm