Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1895-08-24
DUN & CO.'S REVIEW OF TRADE

New York, August Pr. G. Dun &
Co. s weekly review of trade, which is
sues tomorrow, will say:
The volume of business shrinks, as
is natural in August, and the shrinkage
seems rather larger than usual he
cause transactions in July were some
what inflated for that month. Some
industries are doing more than ever he
fore in August, and the prospects for
fall trade is good in others, although
much depends on the crops, and the
outcome is less clear than spectators
on either side are disposed to admit.
Industrial troubles have not entirely
ceased, but during the past week have
become much less threatening.
The price of wheat has fallen Ss4
cents during the week, recovering a
fraction on Thursday, in spite of all
efforts to hold back supplies from
farms and to encourage buying.
Wheat ought to go abroad freely at
present prices, but Atlantic exports,
flour included, has been only 1,352,6O2
bushels for the week, against 2694,-
764 last year, and for four weeks only
4.3S4.632 bushels, against lO,93L44l
last wear. Impressive stories OF snort
crops abroad have little weight in the
presence of such a record, and the aD7
stention of foreign purchasers proves
more effective than the Withholding OF
Wheat by Western farmers. Natural
" the 81 cent wheat of the Pacific
coast still goes forward freely IN place
of the Atlantic supplies. Corn mas
also declined Az cents, while pork ana
lard. with accustomed inconsistency
rise a shade as corn declines. Cotton
has advanced a fraction to 115 cents
without any definite change IN crop
prospects. and. as usual, the immense
volume of stocks carried over in mills
and commercial hands here and abroad,
about 5000 900 bales American, is by
most traders not appreciated.
1t is a relief to turn to the great IN
dustries. in which the enormous or"
ders placed some weeks or months ago,
cause phenomenal activity for the sea-
son. In iron. Notwithstanding some
uneasiness. because the output has
greatly increased. heavy purchases by
two leading companies have advanced
the price of Bessemer 90 cents, ana
new combination has raised galvanized
barbed wire to $3.50, while combina-
tions are being formed in wire rods
and common wire, and advance IN
prices is expected.
Other prices are unchanged, and the
new orders for iron and steel products
are not at present large.
In cotton goods, the demand is rath-
er more active as the price OF the raw
material advances, but otherwise the
business has not materially changed
and the quotation for print cloths is a
shade lower this week. Sales OF wool
are again smaller than in 1892, and for
the month thus far have been l6,,
$4,000 pounds, of which 9,l2l5O0
hounds we're domestic. against 1O,Ol1-
$50 last year. of which 16.3l6,35O were
domestic. and % .361 400 in the same
weeks of 1892. of which 17,1Oj,9OO were
domestic. But the speculative buyers
still hold prices very stiffly, and are
supported by the strength in foreign
markets. No marked change appears
in demand for wooden goods, but there
is increasing apprehension shown by
agents regarding the extensive sales oil
foreign woolens. 900
Failures for the week have been ~
in the United States against 224 last
year, and 43 in Canada against 80 last
year.