The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-05-04
REVIEW OF TRADE.
u. q. Dun & Co.'s Weekly I,eport-The
Outlook frightening.

II. q. Dun T. Co.'s Weekly I.eport-The
Outlook DriGhtcninE.
INV YouI, May 8.-R. G. Dun & Co.'S
review OF trade, which Issues tomorrow,
willsay:
Bnsinoas begins Nav in bo.tOr condi-
ton than a. any other timo pinco tho
breakdown In May. 1903. Smaller In
volume than then, IL Is not now shrink.
Ing. bnt cnlarging. Tho chief obstacle
TO moro complete recovery Is tho
anxiety Of many to pluck fruit before II
Is ripe. Holders Of some staples have
lifted ihcm 30 far rs 10 prevent thoir
marketing; consumption OF materials
In some branches 10 checked by nd.
vances, which cannot DO realized for
finished products; workers IN Somo In.
dustries arc demanding wages that can.
not DO paid out OF any business in sight
In spite OF labor troubles and specula.
tive exccsses the outlook brightens;
money markets continue healthy aud
with heavy sales OF railway bonds
abroad, the deficiency In public revenue
SS,7l2, $40 In April, causes no apprchen.
sion.
Demands for full restoration OF wages
to the lovel Of 1902 have closed many
wooden mills and threaten to close 9th.
crs. Tho s.rikp which closed iron fur
naces at Now Castle, Pa, has just onded
without success, but other strikes havo
stopped numerous works about Pilts.
burgh. Pocahontas coke workers are
on strike aud one 10 threatened by
Alabama coal minors. Tho speculative
fever grows more fierce, rs 10 natural
WHOM business starts up with prices at
extreme low points, but by lifting
wheat three cents 10 60 cents, Atlantic
exports have been checked and, flour
included, have only been l,G16,l07
bushels, against 8. OILS, 1856 last year.
+ The striks at New Castle, now OYER,
stifened Bes,emcr pig so that Sl0'75
wac quoted at Pittsburgh. and tho clos.
ing OF Wheeling mill stifien,d billots,
while southern makers have nomiu.
ally advanced their price. though sales
have boon made horo under $40 for No.
Q. Additional'contracts for structural
work here and at Chicago, sales Of 1000
rails at tho east, better demand for
wire and its products and for plates and
sheets arc the encouraging features.
This week cotton ties are a shade
higher at IS cent? per bundle, and wire
nails at S. aud Gu. nails OF 70 cents by
carload arc less demoralized. Consump-
ton does not yet equal capacity Of
works or output Of pig, but improves.
The rise in prices OF cotton goods con-
tinues.
The wooden year ends with the lowest
prices yet known, lo4 quotations by
Coates Bros. average l3.47c, against
1880 last year and 22.70c two years
ago. Largo sale, at such prices are
natural, and in April II .999, 900 pounds
Of domestic and ll,Ss8.70O OF foreign
were sold at the three chief markets,
again,t l4.06S, SIS pounds OF domestic
and 7,77775, 400 OF foreign last year. Sales
since January have been 92.967, 9l5
pounds. against Ss.S58, $50 in 1892 and
less in 1898 aud 1894. The demand for
wooden goods docs not improve, and
many cancellations are reported, though
salesoi wool Indicate large consumption.
The weeks failures are 23l in the
United States, against 233 last year, and
81 in Canldl, agains. So last year.