The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1892-02-08

combination controls prices OF both
clean and rough. Cincinnati reports
that business does not equal expecta-
tons, and is only fair in dry goods,
boots aud shoes and clothing. There
were 90 failures in the United States
this week, compared with 240 last week.
About 70 per cent were employing
capital MOTTO exceed 5000 each, and
about 0 per cent from $1,000 to $4,000
each. ,sN
Almost Hll other leading trade ccntcrs
report increased demand and growing
volume Of orders Tor staples for spring
delivery. Mild weather has had an un.
favorable influence locally at tho north
west, but jobbors generally now regard
tho outlook moro hopefully. Next to q
better request for staples named, tho
greatest demand lis for groceries and
provisions. 1.-Two cattle and hogs at
Omaha are l0c higher, but unchanged
southwest. Petroleum il dull and feat
ureless, and leather and hides are no
flrmer. Lumber is in light request, and
paints and drugs are very quiet. There
is some new demand for hardware and
cutlery, and tobacco is in better de-
mand. The enforced advance OF 25c for
anthracite coal has not resulted in re-
newed purchases. Pig iron is as slug
gish as heretofore, and stocks arc snid
to show signs OF increasing. Prices on
"privatc terms" were last week made
openly, SOC underline nominal market.
Tho break in tho iron and steel beam
combination has let prices down about
one-third for those shapes. Since Jan
uary the position Of iron has been
growing less satisfactory.
The total OF bank clearings at 4S cities
for January, $5,57l, 1851, 1888, is IA per
cent more than in January one year
ago, sc per cent more than two years
ago, and lG per cent more than in Janu-
airy, 1SS9-is, in TACT, the heaviest Janu-
airy aggregate recorded, though largely
due to an increased volume OF Wall
street and brcadstuffs trading. In the
region west OF Pennsylvania, north OF
the Ohio river valley TO Kansas, and
north to the Dominion, 10 important
cities show substantial increases in
January clearings totals this year over
last. There were like decreases at as
many cities south OF the Ohio river,
west OF Atlantic coast states, to and in
Guiding Texas, while cities likest Louis,
st. Joseph, Topeka and Waco barely
held their own. The contrast is be-
tween the two regions whore trade OF
lato has been most active and least
satisfactory.
The speculative share market has
been Irregular, and experiences more or
less depressing influence from the I'M
settled financial conditions in Europe
and the attendant selling OF securities
by foreign holders. The advance OF ex-
change, which has risen this week lie on
the 6, in the face OF our large exports,
attracts unfavolabln comment, though
anticipations OF gold shipment are CON
sidered premature These factors have
added to the professional character OF
speculation and depressed tendencies OF
stock values, q break in "Distillers" lone
OF the leading "industrials") also affect
Ing the market. At tho same tim. the
plethora OF money and extremely easy
loanlng rates sustains investment. buy
ing, and dividcnd-paying stocks have
shown tirmness, some OK the leading
shares, with Western Union, showing
advances. Silver this week touched the
lowest commercial quotations on record,
Al 0.l0d in London and sole on New
York, though at tho decline buying for
Indian accoun. created stcadier feel
ing, followed by 4 slight Improvement.
Eastern jobbers in dry goods report
the general market stronger, with the
large volume OF shipments to the west a
feature. Staple cotton goods are strong
er, while demand for prints and ging-
hams is active, with stocks lightin first
hands. Print cloth stocks are about
one-third OF the total q year ago. Dc.
mand for wooden goods is only fair.
There is free inquiry for carpets ut low
prices. Raw cotton continues weak on
large receipts, losing S-16c. NIanuiac-
turors have taken raw wool more freely
at concessions from dealers who have
been carrying large stocks on consign-
ments.
Stocks OF available wheat in tho
United States and Canada, Europe and
atloat from all sources for Europe de-
creased only about 100000 bushels in
January from an aggregate OF more than
15G,000,000 bushels on January l last, as
compared with more than 600O,OOO
bushels decrease in January, 1891. over
100000 bushels decrease in January,
1890, and more than 100000 bushels
decrease in January, 1889. The Jauu-
airy decrease in wheat stocks in tho
United States and Canada (nearly 6,000,-
600 bushels) was offset in purt over
100000 bushels) by an increase OF
wheat stocks in Europe and ahoat
therefor. Exports OF wheat land flour
rs wheat) from the United States, both
coasts, this week aggregate 4,74O,0OO
bushels, IN increase rs contrastcd with
the preceding week. Prices for wheat
have strengthened with more active
foreign interest, gaining l!c. on tho
week.
General trade is only moderately act
i've in the province OF Ontario. Fob
ruary4 was settling day, and payments
were fairly well met. In the province
OF Quebec the reverse was true, renew
MS being quite conspicuous. Business
failures i'll the Dominion OF Canada this
week equal "a, against A last week and
IS one year ago. The bank clcarings
total this week Tor Montreal, Toronto,
HALIFAX and Hamilton is alittle less
than that OF a week ago. z.
---G.------
Watching tiio Hour.Glnss.
As niscr counts his gold, night md Inv.