The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-07-13
TREND or rltAnE.

Tho HomRrknblu ildslilHss Unnm EErllrs
Conservative FrRFs Iron Trade,
Nav YoRK, July ia,--R Ii, bun Il
Company'S weekly review Of trade,
which issues Tomorrow, will say;
A bullnOSs anad "a strong and rapid
that the conservative isRr II may do
harm Is out Of season in luiY But tho
seasons this year lap over unl crowd
each olhar Nav froitS AMI flights, It
10 now evident, kent back much busi'
uoss that would naturally have becn
finished before midsummer and the
delayed accumulation of ono season gets
In tho way NJ oNsrm to begin another
on time. But the VOLUME Of business,
however, II may DO measured, IL re-
mRrkRhly large for tho month, even In
good year. The exaggerated fears
about crops have passed, the syndicate
IL believed both able aud determined Ia
protect the treasury, and the time draws
near when thH marketing Of now oronS
will turn into national bGlanCe II bpe'
culaliOn does not hinder.
Tho week has been notable Tor a SOU
SallOnnl fall In wheat Of eight Giants in
two DAYS followed by recaYery Of five
cents, though neither aGrords any intcr.
probation Of tho quite disrogardod gov.
ernmRnt crup rennrl, Tho sudden drop
in prices was the result ol speculative
rather than commercial Influences,
though exports not hall ~ large as last
year, 2,0OIGlj bushels lllOur includsdD,
from Atlantic ports Tor tWn weeks ol
July against 4,22I0l6 bushels last year
had their OBJECT, as well rs western re-
caiptT OF i,03Gi7i bushels against 2,iat,'
0lS bushOls last year,
Tho latest nowI indicator an OnOrm'
nus crop nj corn, but the prIco 10 only
$50 lower than wOnk Rgo.
Tho woOkly output OF iron was ILL.,
i0i tons, having ri'dH 1870 tons In
JnnN and other furnaces nave gone into
operation since July l. Tie rapid rise
IN prices was brought into operation
many additional works aud there Is
rush 10 buy before prices advance fur
ther, laIluenuuI manufacturer ara
sending out warnings that the rise
may easily do mischief and prices
in fact have RdvanCGi nearly O unr
cont In two weeks, hut ara ten
per cent lower than in October, lS11.
Tho demand for structural forms Ia
enormous, including 5000 tons for No,
> Broadway and as much muro hsrn
aud rs much in Chicago In smaller
orders BpWemsr pig has advanced to
Sli 10 at Pittsburgh and wire nails Ia
81 81, both higher than in October,
1882, grow forge To S1l %, structural
beams 10 10 and anGlO,ln l,3j. Cnpner
Is sitter ut $40 10 and lead Al - 50. but
Tin Is slightly lower at l4G,
wnoi is still advancing with 0nnrln.
ouS sales. l2,7l40)O f,r tho week aud
in two weeks OF July 26.4076li pounds
were sold against 1885, $50 In the same
weeks Of 1882. As ths sales afe about
four timO, tho weekly consumption, il il
obvious that tho market il essentially
speculative, but the rise abroad has sci
thu Country nhlaza 50 that woAteru hold
ers arc asking even higher pricol than
heretofore. But buying by most man
ufncturers j. already affected aud at tho
prices now asked for wool somG mann.
lecturers arc doubling whether q cor.
responding Yalu9 for goods can bs real
Isel.
Labor controversies in wooden mills
have generally 70 ,ultci against the
workers, although some advance in
wage. have been obtained buta strike
nj carpet wsayers at Philadelphia, al.
ready affects several thousand anil
threatens to include great many mora,
an RIyancs Of &c being demanded,
while tho market for goods il so dull
and weak that manufacturers uuttOiiy
refuse.
Cotton goods continue active and
strong with comparatively little dill.
Guilty rs 10 labor. The northpn mtiis
have taken litto over 100000 bales in
tho past three monlhs. since cotton was
below conts. but with cation bought
cheap Tor I've mouths ahead, they are
able to do good business.
Failures for this week have been 1853
in the United States against 247 lSIt
year and 50 in Canada against 10 last
yOar