The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1890-12-27
TIE WEEKS TRADE.
On tho Whole Satisfactory, Though Bessc.
mer Iron IA I.uy,

| New ioRR, Dec. OR. &. Dun ,
Co.'s weekly review OF trade Eays: Bus
iness has progressed as we'll as could b
expected in week broken by Christina
holidays and great snow storm. Rail
road earnings thus fur reported for De
ceinber showed gain Of about 1 pc
cent over those OF the same week las
year. Foreign trade is very heavy II
spite OF causes which were expected t
insure 4 material decrease. The uncer
tainty In regard to monetary lrgialatio,
aud its possible effects Ia still the grea
obstacle, but even this has less disturb
Ing influence than 1t had IL week or tive
ago, as the prospect of unwise actor
seems more remote, and the money mar
kets have generally grown casier during
the past week.
Reports from other cities disclose nc
important change In the condition o.
trade. Wholesale buslness naturally
s'ackened, is at quiet at this point Of
the year, ana the iudisposition to act Ia
rather Increased by the tardiness OF col.
lections. But ut Boston prospects are
considered better for trade in wooens
and cotton goods.
Conditions at other cities have been
not essentially different, though Mt Pitts.
bureh Bessemeriron has sold at $40 25,
the lowest prizes Tor the yeas, and all pig
iron is at bottom prices. Manufactured
iron is in fair demand and rails are un.
changed. Tho flint glass ,rlde Is quite
ective, with fswcr hGnds idle THAI for
months pSst, and the window glass trade
is fair. a, points west further 'expects.
ton OF Improvement after January first is
general, though trade is quiet in whole
sale lines, but fully up to last year mark.
At poiuta in tho Northwest tho none.
tary situation secms rather better. Re-
ports from the South also indicate small
Improvement. Manufacturers at Louis-
vile are fully employed, though money
il very close. Trade at Atlanta improves,
while cotton at Galveston and New
Orleans is moving satisfactorily, with
receipts exceeding last years.
While the situation OF the iron and
Steel industry shows no improvement,
the fact that the closing weeks oi the
year are passing without nuy serious
set back givea encouragement. There ia
anxiety as to the demand which may
appear with the nov year, since i. is
perceived that many works mugt remain
idle for time unless there is increase
in consumption. But for most finished
products the consumption is oven 10
great that III any previous year it would
have betn considered eminently eatis.
t.ctory. The exception is the steel rail
business, in which is q cripis, and dc.
structive competition seems imminent,
C provisional agreement made durin.
the past week in this city having been
defeated by the refusal Of IN eastern mil!
to sign.
The woolen manufacture is clearly en-
ioying larger demand for more pro-
Gucts since impor,ations were checked,
but as yet no considerable improvement
in prices has been found practicable. On
the whole, labor has never been more
fully employed than in the latter part OF
1850. The monetary situation grows
more Satisfactory, because Treasury dis
bu:Gemcn.S continue and arrivals OF
gold have given aid aud the enormous
excess OF merchandise exports over itn-
ports is felt.
There has not been much activity 10
specnlation this week, though corn has
fallen BE, oats IL, but whea. is sc higher
and cotleeic.
Ehe stock market las been left to the
professionals, who have choaen !c DO
but little until the new year has begun.
The business failures during the laat
seven days number 3SS, compared with
404 last week, ard the same week last
year 2eS.