Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1894-03-08
INe los


EN
Trade improving and the aiar<ets More
Aonse-A Rrlehtoninr Tendency APP
parent an along the Line.
sBsaai Tsls1ran 70 tss Rsnsts-.
New YORK, March THE improve
ment 10 the general business situation
at this point IS becoming more percept-
able and the movement Of the various
markets indicates that a stronger tone
is setting in an along the line. The
demand for manufactured products is
Increasing, but owing TO the uncertain
ties that exist, the grain is naturally
slow. Buyers still manifest disin-
cllnation to make contracts reaching
into the future, but the present ex-
hausted condition Of supplies Is forcing
a purchasing movement, which is more
extensive than appears on the surface.
Owing to the Qulstness with which
many orders are being given and &C
cepted &c is impossible to ascertain the
exact increase In the volume OF trade,
/ but the leading houses have no hesi-
fancy in asserting that It Is over
twenty-five per cent. greater than at the
beginning Of the year.
From mail orders being received 1t Is
very clear that dealers stocks all over
the country, still continue 10 q badly
I depleted condition.
Outside buying is now on much less
i hn.H o.. r.,.uah r,nffnw hnwnWnr and rs
a consequence, the filing Of the present
/ volume OF incoming orders, is producing
more activity 10 this market. a more
! wholesome tone Is also exhibited 10
working forces and Industrial produc-
duction.
Over fifty per cent. more mills and
/ factories are increasing their output
Y than those reducing IL, and thus a mod
/ crate per centage Of idle hands are be-
! ing given accomplishment, although In
I most cases at a reduction OF wages
which generally averages ten per cent
In dry goods, a better business is re.
/ Dorted than for some weeks past, and
/ an Improvement IN demand is noticed
\ for many lines heretofore very quiet.
The improvement is owing to relaXa-
ton Of the depressed market feeling,
\ that has prevailed here Of late, and 10 a
\ fair amount of orders from both the
I local and outside jObbing trade
] large number OF buyers are in the
WOODEN goods line, and in many In
stances extensive sales are reported OF
heavyweight goods Tor next falls use
! Spring business, however, is still SMALL
aud prices are weak. In the most
STABLE goods prices are stronger and ap'
pear more settled, but ia other di'
visions they are irregular. Collections
/ are still reported as satisfactory, Ootn
I by jobbers aud commission houses.
In iron aud steel market circles manu-
7 facturers repart a better trade. They
are getting more business and are clos
ing up a number Of large building con
tracts. Orders for cast pipe and the
smaller line Of goods are numerous in
/ volume but small in size. Owing TO the
extremely keen competition for orders
I that are at present being placed fol
for the steel bars, the tendency Of price;
isat1.15 cents, which is consequently
I equal 90 / cent at Pittsburg.
Beams are offered az 1.35 and plates
atlas delivered at this city. For steel
rails it Is also rumored that the price
has been lowered, but this cannot be
confirmed.
In boots and shoes, as we'll as In the
leather market, a further improvement
is apparent, and there are more buyers
in the market The principal demand
is for the cheaper grades, and Ia these
the aggregate business is up to the av-
erage. Buyers are little conservative
and in some quarters are still carrying
considerable stock OF the higher-prlced
/ grades, for which the inquiry Is Slow
but as q whole trade is better.
In the grocery line an upward spurt
I has transpired. Jobbers report bush
ness as healthy, and similarly encourag
/ ing reports come from the wholesale
\ trade. The distribution Of general mer
chandise has considerably increased
and in many instances il is noticed thai
/ jobbers are pushing cheap lines Of good,
/ 90 retailers, and aiding them in making
I special sales, which Is naturally result
/ Ing ia an immense amount Of stock DO
ing placed ia consumers hands. Collec
tions are favorable and outside orders
! increasing.
/ Tn the grain markets, wheat is strong
/ er and some gain from bottom price.
l occurred. although the market is by ne
means bulllsh. Upon fairly active
trading 10 is 5 C higher. Offerings are
I light aud traders rather disposed e
buy Bear traders, however, are &C
tive and have a strong pOiUt with which
TO depress prices, ia the shape of the
/ continued increase In visible supply
and also in the reports Of heavier stocks
| in Europe.
Corn is * c lower, but slightly more
active. The low quotations are causing
/ increased trading, and option sales have
been larger.
On the Cotton Exchange, the tone Is
quiet and steady, but slightly lower
than a week ago, owing TO the verI
free offerings and but limited demand
The demand for spinners is still light
and the takings Of Northern mills Il
over 5000 bales less than year ago
Receipts are slightly above those fol
the same time last year, but the pres
ent visible United States supply is $780,,
600 bales less.
FINANCE AID TRADE.