Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1893-09-02
BUSINESS OUTLOOK.
CONFIDENCE RETURNING, AND A BEfTEF
FEELING PREVAILING GENERALLY
TIE Wheeling Title and Trust Company Receives
an Encouraging Tslegram-What the
Merchants Have TO Say.

When it was whispered about town
yesterday that Cashier Louis Stifel' OF
the Wheeling Title and Trust Company
had received telegram from the Ma
tional Exchange Bank Of New YORK, OIL
ferlng him all the currency he wanted
at par, the opinion was freely and gen.
orally expressed that it marked the De-
ginning of the end Of ''hard tines" so
far as Wheeling is concerned. The ru-
NOR was true. Mr.. Stifel received the
telegram yesterday afternoon. 1t means
that the stringe ncy in the money mar
ket. which has affected all the Wheel
ing banks, and has been In measure
responsible for the closing down OF
many Of the industrial plants, will be
relieved.
There has been a better feeling gen.
orally among business men generally
during the past few days. Almost
everywhere trade is reported much i'm
proved, and the opinion is expressed
that the reaction from the period OF
dullness will bring with it unusual &C
tiyity in all branches Of trade and an
era Of prosperity. 1t is a fact frequent
ly commented upon that there nave
been comparatively few business tall-
ures in this vicinity.
A REGISTER reporter yesterday made
a tour OF some of the factories and bush
ness houses OF the city, for the purpose
of securing expressions Of opinion re-
garding prospects for fall trade, and
present conditions. Every man ap'
preached by the reporter took hope
full view OF the situation, and many
gave cold, hard and in1isputable Facts
and figures for the faith that is within
them. The Improvement In trade, gen
orally speaking, has been marked
during the past week, and except In the
contingency OF some unforeseen trouble,
il bodies well for the future. A number
OF manufacturers stated that they ex-
pected fall trade to equal that OF last
year.
w. b. Allison, of the Wheeling Wire
Works, was in happy frame OF MIND.
Although he did not close his factory
during the summer, business dropped
off very much. "Work is picking up,
he said, Tin a wonderful manner. re-
celved more orders this week, than dur
ing the five weeks previous" Secre-
tary II. z. Wilkinson, of the West Vir-
GINA Tobacco Company, stated that the
past week had shown remarkable in
adx OF orders. The Red Letter plant
has been closed down for time, but on
next Monday will resume and run to its
full capacity.
Coal merchants report an increased
trade. A rumor was in circulation yes
tesday that mills 6 and at the Whit
aker Iron Works will start up within
few days.
w. B. McMechen. when seen at the
plant in the East End, was very much
encouraged. The reporter was taken
through his plant, which is running
full in all departments. Il notice a
better feeling all around" said Mr..
McMechen, "and l think the future
has bright things In store for the com
munity." A car load OF the product OF
the factory was shipped South yester-
day, and will be followed by another
within a few days. Large shipments
re also being made to the East.
A significant straw which indicates
the direction the wind is blowing, Is the
improvement In the wholesale grocery
trade. This is usually regarded as a
criterion, the wholesale grocers being
the first to feel the general depression
or Improvement in trade. Among the
iobbers in other lines, who were seen
by the reporter, there appeared to be a
better feeling, and more hopeful view
OF the future. "See the wholesale gro
GERS; II the trade is improving, we will
get it, too" was the cue given by no.
tion man.
Acting upon this suggestion the
reporter visited nearly all the
wholesale grocers, and in each
place found the force Of employees
busy marking, packing and shipping
goods. Mr.. Neill, OF Neill 81
Ellingham, said: "Our business has in
creased fully $50 per cent. this week
over the previous few weeks. We can
only account for it by regarding it as a
result OF the reaction. The outlook for
tall traQe is OrlRht lnueeu'
Mr.. Jos. Spiedel was out Of the city,
but it was stated in the Office that the
clerical force has been working al night
for the first time in year. Business
was reported to have picked up wonder
fully, the demand for sugars being
especially great.
Said Mr.. Henry Baer: "There APP
pears 10 be return of confidence and
a better feeling generally in the trade.
To-day we received no less than sixty
remittances. Retailers are still buying
carefully, but the outlook Is not at all
dark. We did not expact 20 do much
business this week, and had made pre-
parations for removing our goods into
the new building. For the past ten
days we have had all the work we
could attend TO.
Waterhouse Bros.-"Collections are
fair, and business is improving. Our
trade was fair during the summer
months, but this week has been an ex-
ceptionally one"
Hubbard s. Paull-"Trade showed a
marked Improvement during the past
week, but great deal OF il was due TO
the unexpected large demand for sugar.
The demand far exceeds the supply, and
we are informed that several retineries
which were idle have resumed opera
tions. The sudden demand has taken
re6ners, as we'll as joboers and retailers,
by surprise. There is an excellent crop
OF peaches, and fair crop Of small
fruits, which causes the demand for
sugar"
Local Base Bali.