The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1892-06-27
For BUSINESS MEN.
The State OF Trade Throughout the
Entire Country.
THE GENERAL CONDITION FAIR.
AReylew Of tho Market and Finan-
cIal Transactions of the week,-Ex'
ports and Imports-.-Au Important
Article ON tho Endorsement of
Notes.-The Wool Market.
Braaar.aesG

BraaRresI
Special kilograms to Bradstreets re-
port practically the same situation SO
far as general trade is concerned as ex-
listed a week ago. At tho most, oxcep-
lions include only St Louis, Omaha and
Kansas City. These note more activity
in purchases by storekeepers through
out tributary territory, an improve
ment in collections, and a. ireer move.
ment of building materials, with an &C.
two demand and steady prices for live
cattle and hogs.
At most larger distributing centers
the movement Of staple dry goods,
clothing, boots and shoes and hardware
has been fair for the season. Leather
and rubbers are likewise strong at late
advances. In Louisiana flooded lands
arc reappearing, and word is sent that
the sugar crop will be larger and the
rico crop twice as large as that Of 1891.
On the Pacific coast business 10 very
quiet. Rains have improved tho crop
outlook in Texas. Agricultural imple-
ments have been selling at Chicago at
exceptionally low figures.
A special investigation OF the wages
dispute between the AmalgamRted As
ISOLATION and western iron manutac-
turers, teIegraphed to BrddSreet's from
Pittsburgh, says the outlook as to iron
and steel is uncertain. Additional
western blast furnaces arc blowing out
weekly, and there arc no signs OF an
improved market for raw material. On
the other hand the tendency is toward
further weakening. Therewill be many
mills idle during July, and indications
favor lockout for longer period on
account Of the scale OF wages, as opera
tors and workmen are far apart. Rep
resentatives of both say atoppage for
sixty days will be helpful. Some Of the
most experienced and far.seeing Of the
manufacturers agree that unless there 10
an improvement by September l preIent
low prices will prevail into the spring
OF 1898.
Renewed reports OF favorable crop
prospects in some OF the heavy grain.
bearing states, smaller clearances than
expected, and listless home and foreign
speculative inquiry tend TO still further
depress prices for wheat, while Indian
corn is II cents higher. Exports OF
wheat tincluding flour as wheat from
all United States seaports this week, as
wired to BrddStrsetS, equal 2,457, 500
bushels against 1886, 346 bushels last
week and 1906 All in the like week Of
1891. Exports OF Indian corn equal
S9l,0 900 bushels compared with 9l5,947
bushels IN the week year 60. Mon
treal exports this week equal 27l 1856
bushels OF wheat and 1918 barrels OF
-four, decrease OF $1,000 bushels Of
wheat on the week.
Gold shipments, which aggregate So
$4,000 for the week, and reports OF I'M
favorable conditions in the corn belt
created very dull share market at New
York. Later the tone was weak, Bur
lingten shares making an especially
sharp decline. Foreign participation is
at stahdstill. Bonds are firm and
dull, with little reinvestment demand
Money is more active on changes and
renewals incident to July /. Silver is
weak on the completion Of the treasury
purchases for the month.
Returns of clearings from bank'man-
ayers at nearly seventy cities to Brad
stRtts present a total for the week Of
81, 1o4. 900 900, nearly 8 per cent smaller
than last week, but II per cent In ex.
cess OF the total in the fourth week OF
June, 1891. This gain as compared with
last year Is, in spite Of an approximate
decrease in New York city's bank clear.
ings OF Sl12,690, 500, due to clearing
operations at the stock exchange. There
were 159 business failures in the United
States reported this week. Last week
the total was 16l, and year ago 1t was
POI. ~ '.;,'.. -,
Wool manufacturers have held aIoof
from markets for raw material to learn
whether high prices demanded west are
to hold. New clip is moving more free.
". Ohio and and Michigan woods tend
to higher prices, Raw cotton Is one.
sixteenth Of cent off for future de-
livery, owing to the menace Of the anti
options bill, Staple cotton goods have
moved freely, in some instances at con-
.cesslons in prices. Print cloth mills
are sold ahead into July, with the mar
ket bare Of stocks. Dress fabrics and
worsteds are selling fairly well.
Special kilograms to Brddareet'S re-
port that general trade throughout On
tario and Quebec has improved some
what within week, Notwithstanding
heavy rains have damaged crops in
those provinces. Country collections
have improved some. The Canadian
export trade In cattle is more encourage
ing, and all staple prices are said to be
firm. Bank .clearings at Halifax, Mon
treal. Toronto aud Hamilton aggregate
Sls,57S,00o this week, 5 per cent more
than last week. There are thirty-fve
business failures reported from the
Canadian dominion this week, against
twenty.eight last week and thirty.one
in the like week q year ago.