The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-07-20
d OF TRADE.
II. G, Dun + Co.'s Weekly Review of the
business Situation.

Il, G, Dun + Co.'s Weekly Review OF the
business Situation.
NEw YoRK, July l0.-R. G. Dun 4
Company's weekly review OF trade,
which issues tomorrow, will say:
The weeks nows ia not entirely en-.
c~ouragiag, but is all the moro natural
because there are signs OF midsummer
dullnesa Wheat prospects are not
quite 90 good as last week, but still
there are lower prices, as corn and cot.
ton have been lowered. The exports Of
gold and tho less favorable Treasury re-
turns for July are not unexpected and
mean nothing as to coming business.
There ia perceptiblc decrease In the de-
maud for most manufactured products
aud tho actual distributions TO con-
sumers naturally lessons in mid.sum.
mer. Much OF the recent buying was
to anticipate a rise in prices and such
purchases fell oil when prices have
risen. There are still numerous ad-
vanceS in wages, but atrikes grow more
numerous and important.
In part, because business was un-
usually large in the first half OF July, a
quiet tone meets reasonable oxpecta-
Iiong. The heavy bank failure ut Mon.
treal doea not affect finances here, aud
is passing there with lOIa disturbance
than was feared. Gold exports for the
middle OF July whom crops are begin
ming TO move, IL not meant to affect
stocks, can at all events have only q
speculative Significance.
Wheat has declined 2 cents for Sep
TENDER, corr II cents aud cotton one
eighth for spot. Western receipts Of
wheat, not half OF last years, express
disappointment at prices, while exports
Tor tho week was a quarter Of last years
and for three weeks only 2,S2D.02S bush.
els, -four included, against 7,04G,26I last
year, show that foreign dealers are not
regarding the situation with anxiety.
Nor do British accounts indicate auy
anxiety about cotton. II u%niRvorable
TO some spectators, there aro cheering
indications, for It lie better to have fair
crows than to got high prices
for what remains. Orders have
so accumulated in iron pro.
ducts that some works forcgo
the usual summer rest and eastern
furnaces Soon to begin blast will add
about 5000 ton weekly to tho produc.
ton. Afew quotations have advanced
Gray forge and eastern bNr-while
Bessemer pig lisa shade weaker ut Pitts
burgh, but the averages Of all prices is
| per cent higher for the week aud 2S.3
per cent higher than February /. The
Itriko OF several thousand miners in the
Marquette region may have important
consequences. Producers OF non-Bes.
Semer ore havo sold largely for the iut-
ute Ut prices so low that they cannot
add to cost oil production and other
mines in the northwest may DO objected.
Minor metals are stronger with saio Of
1000 900 pounds copper up to II cents
for lake and tin worry firm in spite Of q
large visible supply. .
Wool advanced in tho first half Of
July an average OF one cent for l0I quo
tations OF domestic by Coates Brothers,
Of Philadelphia, and 10 now 2 per cent
higher than year ago. Sales naturally
lessen, being 100000 pounds for tho
week, against an average OF ovOr l3,O0O,'
900 pounds Tor each Of tho two previous
MbOhuI uub pIICuo uiO 1unth'ISN w NSA
man and French buying in the London
market. Manufacturers do not sup.
port tho advance and AFRO buying only
for immediate needs, but holders who
have taken for weeks past several tlmcs
tho quantity consumed, rro StitE.
Failures for tho week have bOsn 26G
In tho United States, against 236 last
yenF. and 80 In Canada against A last
year.