The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-07-27
TREND OF TRADE.
R. q, Dun g. ou.'s Weekly Review
OF Business,
NO SaRINIHGE IS PERCEtTABLE
In tho VolumO-rho Crop Reports
Iron aud Stool AdVanoing-Tho RE-
marketable Hlso in Nais-rhN Tex
lilo ouhook-Enormous sales Of
Wool,


YRw YoRk, July 98.-R C. Dun &
Co. & weekly review OF trade, which is
sues tomorrow, will say;
Itis not the season forthOtideoi busi'
meas to rise, but there is perceived
scarcely any Uhrinkase except that
which comes naturally with mld'Sum'
met heat, The volume Of new business
is small compared with recent months.
but large enough to encourage more
openings OF long closed works and more
advances in returns to labor, Impor'
tant strikes Ghow that the advance is
not enough for some, but the strikers
uesm not moro threatening than a
week ago,
Accounts Of shriakags 10 the yield nj
wheat como both from the PGeiAc Sisias
and tho Dakotas. Ii would be q strange
aud unnatural July without such ro'
nortS, and yet they have weight enough
this year to lead even the most ez'
psrienesd to reduce somewhat thsIE es'
iimatas Of yield, whila lha price has adj
vEnced 81 coma, Light western receip,s
for the week, not q third Of last years,
ard TOR four weeks only 5,3S3,) 5S BUSH
els, against u,0S3,6l9 last year,
strengthen adverse reports, because tho
price c year ago was about 70 cents
lower than Il Is nov,
Ps sos Of iron and steel products Itill
-. A.. f.nNnHa Ntta pwnRt l,atVV thu
startling advance OF 50 cents per kcg in
cut and wire nails, with new cards for
various sizes, which il Is stated makos
the advance greater than it appeared.
Angles are also n shade higher and
other prices strongly maintained.
Bsssemsr pig does not advance al.
though the Carnegie and one other
compsny have been buying about li0,'
600 tons, which seems to iOreshadow
large contracts for Faiia, In The first
half OF '9j. orders for rails wNrO, $4,000
tons against 100000 ir tho first half OF
last year and u good many small orders
appear at Chicago. Otherwise there Is
u distinct hating in now demand,
though nearly all iron and stool works
are crowded with orders for somO time
TO come. P%rospecIath that other furnaces
with a capacity OF 5000 tons weekly in
the east, and as much in the south, will
20 into blast within the remaining
months Of 1895, binders further risO in
pig. Copper has again advanced, lakO
to llIc, contracts having been made this
morning for 2O,O0O,OOO pounds and lead
10 strong.
Textiles have a better outlook with q
larger demand both for cotton and
WOODEN goods, n shade advance in print
cloths and in most bieached goods and
n moro hopeful market for lign4 weight
woolens, which, II scarcely advanced
beyond last years prisoS. are on the
whole selling better. Enormous sales
OF wool, A, 77S,S6i pounds in four weeks,
against 20, 29O.25O in 1892, inr excisd
actual consumption. but reflects belief
that the prices will not decline, and
the few changes this week have been
upward. Scarcity Of domestic wool in
eastern markets Is in part due 10 heavy
speculative Withdrawals.
Failures for the week were 212 in the
United states, against $40 last year, and
% In Canada against 80 last year,