The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1891-12-07
The STATE OF TRADE.
Bradstroet's Weekly Review of
tho Condition of Business.
VERY IRREGULAR MOVEMENT
or General Tradc---vcry Little varia-
ton in the Prices OF stnplcs-..Dry
Goods Moro Activc--Thc Grain
ACKNOWLEDGEMENTS Clcarlngs.

to Brddsttcts report quite an irregular
movement OF general trade. Tho more
favorable advices aro from Boston, Chi.
cago, Kansas City, Omaha, Minneapolis
and San Francisco. In Nebraska the
late cold snap caused country merchants
to send IN mail orders freely. In Mis-.
souri, and Kansas, tributary to Kansas
City, the volume OF business Is fairly
large and is heldwcll up. From Boston
arc received more encouraging advices,
snlca OF dry goods, woolens, boots and
shoes, leather and rubber, as we'll rs OF
wool, having increased, with the pros.
poet OF the improvement continuing
into tho Q year. San Francisco re-
ports n fairly active trade, although
heavy rains have cut into it, while en-
couracing tho agricultural regions OF
California by preventing the recurrence
oil q dry season. 1t is stated that Cali
ioraia wheat prices will probably be
lower; wines promise TO be higher, ow-
ing to a short yield.
Almost all other cities report only n
moderate volume OF business. At Mem.
phis 1t is only fair; ut Cincinnati it is
sluggish, groceries and provisions,
clothing and boots and shoes particu.
larly; at Savannah trade Is quito dull,
as at Galvcston, New Orleans and Dalti-
moro, slow collections and continued
depression in the price OF cotton tend
ing to Affect interior buying. There is
also somo decrease in the volume OF
trade at Pittsburgh, where Bessemer
pig has declined to SIS % per ton. Tho
recently added iirmness in iron and
steel is visible, but not much more NAV
be claimed. Pig iron buyers are in
clined to hold aloof from the market,
and makers, who are turning out more
iron than oyer before, continue to pile
up iron. Tho condition OF the steel
rail industry is rather better. rs q good
volume CT orders have been placed Tor
1892 delivery. Anthracite coal is firm,
and with future coldweather will 20 Off
freely. The prospect is for an output
OF nearly 100000 tons this year, the
heaviest on record.
Prices oil staples this week have not
shown marked variation. Wheat is off
l!c, corn &c and oats are up &c. Raw
cotton is l-lGc less on q moderate de-
mand and free receipts, while wool sold
so freely relatively at q recent cut at
Boston that the price soon became firm
CT. Coffee is unchanged. Prices OF
live cattle and hogs are lower on treer
receipts at western packing points.
Rubber quotations arc higher. Bust
ness failures in the United States this
week aggregate 800 against 242 last
week. The total January l to date is
1920, against 9,50l in q like portion OF
1880.
General trade in Canada is irregular
and disappointing in some lines. Wheat
exports from Montreal have declined,
and trade generally in the Province OF
Quebec has been duller, owing to mild
er weather. The wheat crop OF Ontario
and Manitoba is reported to exceed that
OF 1890 by 23,GG0,0G0 bushels.
The movement in dry goods at east
ern cities, notably Boston, is more ac-
tive. The Christmas trade has created
q good demand for fancy dress fabrics,
prints and ginghams. In plain and
colored cottons there is also better in
quiry. For new prints and ginghams
some large contracts have been made.
Wooden and worsted goods are more ac-
tive, but the demand is not rs strong as
expected. Further west no improve
ment is noted. Philadelphia WOODEN
manufacturers report inquiry dull and
prices unsatisfactory.
Share trading at New York shows a
firm tone and advancing tendency on
moInrDtn orti,.tt,- thn ,,o,J-ok 800,
nathizing with the improved specula-
tive conditions at London, due to the
announcement OF. the chancellor OF the
e%Xchequer's plan in regard to increas-
ing the English noto circulation. In
creasing railroad traffic and earnings
and tho prospect OF larger dividends
also have an effect. At the same time
tho Gould shares show weakness, and
Richmond Terminal has declined OH
ap~prehensions OF I reorganization. In
the early part OF the week tho market
was disturbed by the peculiarly bad
failure oil n stock-house. Bonds and in
vcstments ire in increasing demand.
Silver is active Mt 4 sharp. advance in
quotations, both speculative and export
demand being stimulated by the favor
able Interpretation OF Mr.. Goschen's
u%tterances in regard to silver. Foreign
exchange is firmer. on demand for Jam
uary | rcmittances and q decreased
supply OF commercial bills. fractional
concessions were recorded after the ex-
plosion OF o dynamite bomb in the
Office OF Mr.. Russell Sage.
Total wheat available in the United
States and Canada, both coasts, Novem-
Der %, equaled 74,37l,52l bushels, moro
than 1000, 600 bushels in excess OF the
total reported one month ago, fully
100000 bushels larger than was re-
ported December !, 1880, II, 70O,O 900
bushels more than two years ago, and
lG, 100000 bushels more than on Dccem-
Der !, 1855. Stocks OF wheat east OF the
Rocky mountains are Al ;O00,0 900 bushels
larger than or July l last. In like five
months OF each OF three preceding
years the net gain OF like available
wheat stocks was only one-half as great.
There was no corresponding increase on
the Pacific coast, Stocks OF wheat in
Europe and aloat therefor OH December
l were II, 500,0 600 bushels larger than on
November l. Total available wheat,
United States and Canada, alloat for
and in Europe las cablcd to Bradareets(,
shows an increase OF 50, 800, 900 bushels
in November, against 2o2,260,000 bushels
increase in October, and as compared
with 100000 bushels increase in
September. The weeks exports of
wheat land -FOUR from eleven ports
equal 5,6G2,0O0 bushels, q noteworthy
increase.