The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1891-11-09

WI NiiCs ttIuL lON pIiCcS iOF COTTON
have tended to rctard all lines OF bust
LOSE. sH,t
at Boston, New York, Philadelphia,
Pittsburgh and Cincinnati reports arc
in the main far moro buoyant, although
at NIL points tho outlook ia regarded rs
good. Fall trade has ended, and holi-
day activity has begun. Leather and
hides are very dull, but rubber is OK
cited and higher on rnmors OF political
trouble in Brazil, and manufacturers
are running factories at full capacity.
This is between seasons for wooden
manufacturers, but the outlook for next
spring is declared good. The volume OF
dry goods sales has decreased. All
lines OF low grade cottons are affected
by the weakness OF prints. which are
of &c on increasing stocks. Spring
dress goods are III fair demand. Wool
is quiet and lower, and cotton is &c of
on heavy crop movement. Refined
sugar prices have been cut l-l6c, but
raw Is still firm.
AT the west there is relatively less
complaint. Chicago admits a smaller
volume, but claims to exceed last weeks
in q few lines. st. Paul, Minneapolis,
Milwaukee, Omaha, Kansas City and St.
Louis make like reports, but most OF
them admits notable decline in volume
OF trade within three weeks. Receipts
OF all grains, except wheat, have increas-
cd, and provisions are irregular with u
weakening tendency, except for lard, at
Cincinnati. Live cattle are OF slow sale
and firm only for best grades. Live
hogs are about &c lower. The feature at
San Francisco is a heavy advance in
wheat prices and decline in grain freight
rates to the United Kingdom coincident
with heavy arrivals of tonnage. Stocks
are decreasing under freer export move
ment and restricted shipments from the
interior. Mercantile collections are
quito irregular, and average slow and
unsatisfactory oitener than otherwise,
rs Jar MS reported. Business failures in
the United States number 23S, against
205 last week and 151 this week last year
The total January l TO date is 10, l2l,
against $500 last year.
The New York share market has been
depressed by liquidation due to the
bank failure in Boston and the ship
ment OF funds there. This created some
pressure in the New York money mar
kct. Rumored financial disturbance at
Paris also cxerts rcprcssing influence,
and the market has been subject to
bearish manipulation. While increases
in the gross earnings OF certain railroads
and the declaration OF the Pennsylvania
dividend on G per cent basis are ia
vorably regarded, the speculative tenn
per is dormant. Foreign exchange
is higher in sympathy with the condi-
ton OF money markets abroad, but small
amounts oil gold continue to come this
way. Bank cIearings totals for October
are not satisfactory, being GO per cent
smaller than in October, 1890. Total
clearings OF forty-four cities for October
amounted to S5,S6l ,59G,04l. New York
city clearings fell oir7.9 pc: cent, and Mt
cities other than New York the decline
OF the total was 80 per cent. For ten
months the clearings total is SIS, 49,
025,G47, a decline of SIS per cent from
ton months OF 1890.
Exports OF wheat from the United
States, both coasts, this week aggre.
gate 3,S2O,O00 bushels, nearly 100000
bushels more than last week, due largely
to added Pacific coast shipments. The
weekly average is still about twice the
average one and two years ago, and
more than three times thHt in 1855 and
1887. Total exports for nineteen weeks
10 November 81 equal II $4,000 bush
els against 1885 900 bushels (Montrcal
includcd) in like portion OF 1850, &C.
$4,000 bushels in 1889, &c, 100000 bush
els in 1855, and as compared with 5S,-
$4,000 bushels in 1887. Special cable
and Geographic advices enable Brad
STREETS to point out that
the total stocks OF wheat
available, United States and Canada,
aiioat for and available in Europe No
vember we're 100000 bushels larger
than on October last, 1891 GOO bush
els larger than on Novembe /, 1880, and
24,52$,0o1 bushels larger than on No
vcmber /, 1889. European and ailoat
stocks alone on the lst inst. were a.
100000 bushels larger than on Novom-
Ter ], 1880, and 17,5H,000 bushels
heavier than on November /, 1889. In
the United States and Canada stocks,
November |, wero 11,700,0 900 larger than
one year ago, 100000 bushels more
than two years ago.
LII Toronto general trade is less active
than expected, though dry goods are
more active. The wheat movement in
Ontario is slow. Barley ia going abroad
freely and rye is higher. Montreal ro-
ports favorable trade prospects, with
fair activity in most lines, including a
better demand for grain. Bank clear
ings ut four Canadian cities aggregate
S2l,954,75S this week, IN increase OF 10
per cent. compared with last week. Tho
Dominion reports 40 business failures
this week, against 81 last week and 81
this week last year. The total number
January to date is l,55T against 1863
last year.