The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-09-28

New YoRR, sept 2L-R Il. Dun *
Co.'s weekly review Of trade snys;
The speculation in cotton has lifted
the price tvs.oightha during the past
week, and quotations here are as much
higher than at Liverpool that free ex'
ports cannot be expected, ltsoems no
longer possible to hope FOG good crop,
and Hill Bros. hayO issued a circular
predicting yield OF only seven million
bales, The accounts OF injury and loaa
grow more dismal each week, and while
they mar bs somewhat exaggerated the
general outlook ia decidedly unfayOra'
Die,
But for tina extraordinary supplies
carried over from last year the maHa.
iacturers here and abroad would DO in
trouble. Bat prices Of good size each
week adding to lhs profit OF mills which
on both sides OF tho ocean can use Tor
some time TO come old cotton bought
at low prices. II Is not yet clear how
lar tho consumption will support the
manufacture At the present rate and at
present prices for goods, though tbs
demand from dealera 10 naturally urgent,
while the market for the raw material
is constantly rising. There is still Somo
chance OF strike in the Fall River
mills, though tho rise in prices will
make It easier Tor the mills to grant
some advance in wages.
The wheat market has been excited
without much observable reason AMI
tho price has advanced over live cents
Tor spot aud q cents for December do.
iyories. II may be sald that crop
prospects abroad are not quite Us favor.
able as they were q month ago, and
with short supply at beat in this
country, the market Is liable to DO un.
usually sensitive. Western receipts for
he week havu been 5G0l, 500 bushels,
agatnst 5,i3a,3A last year, and for tho
month 92,595,29S bushels, against
2l0lG,SS3 laIt year. Tho exports from
Atlantic ports, flour included, have
been l,sS7, SOL barrels for the week.
against >, 540,5S4 last year and for the
past four weeks !, 53i, G6l barrels, againit
S,772,3ls last year. Holders OF corn
hayO iudiClously declined to "sympa'
thiEs" with wheat 10 u great extent
and the price Is practically unchanged.
Pork and hog products are all some
what lower
Nothing is clear about the iron aud
steel manufacture, but some Of tho
largest Pittsburgh concerns, protesting
10 have orders Tor many months ahead,
arc bidding Tor small contracts in east.
crn market, at 81 90 aud 81 80 per ton
lose than the quoted rate. Some say
that It IL due to deprsN the market, and
again It is thought that the OBJ
jcct may be to buy materials.
but contracts have bean made
at the east for 250,0JO tons Of
foreign ore to be used in Besssmer iron,
making il eastern furnaces and the
termination Of the Marquette strike sets
Tree about half a million tons more Of
Bssssmer ore within tho period OF lake
navigation. There Is alIoA halt In the
advance Of leather, no higher prices
having Uesn recorded this weak, though
hidoA are on tho whole a shade stronger
Tho advance In wool at the London
sales stimulated the speculation here,
but prices arc on tho whole unchanged
and sales hayo been for the month "a
B7j, 97Op1unIs, Of which 1886, 3 70 were
foreign against 3l,02l 900 pounds for
the Same week Of 1892, OF which $685..
900 we're foreign.
While demand for drss goods con.
tinuas fair, there IL no discernabIo i'm.
provemeuL in manufactured mems
woolens, and tho importationS continue
very heavy.
Failures for tho week have been 2l0
in the United States against 235 last
yOar, and 30 In Canada against % last
VaaF