The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-08-03
the TREND ON TRADE.
The UsuRl Midsummer hRIt-ThO Or
ConditlOn-Duu a Ca,'a Review


Condltion-Duu a Co.'S Review
New YoRE, August 2.-R, Il. Dan &
Companyd weekly review Of trade,
which issues tomorrow, will says
There is a psrcOptible halt which may
deceive II attributed to wrong causes.
The trade two months late Ia spring
pushed forward In July large share OF
business belonging to April or May,
Seeing q rush OF orders out OF time,
many imagined II would continue, and
hurried TO give other orders, Tbs nm
of two months business into one lifted
prices. Then other orders came to an!
liclpate q further rise. But the md
summer halt was inevitable, and II IL
yet somewhat uncertain how much im'
proyomsnt will appear alter 1t
The crop Of corn promises TO bs the
largest ever grown, and is almost out OF
harms way, The crop Of wheat APP
peATI, from later accounts, perhaps 2O,-
0OO, 900 bushels smaller than was ex'
paCled month ago, The general adj
vance in many products caused reluct'
Gnc0 TO purchase, and tho distribution
OF the past hall year has been in part TO
make up Tor stocks aud individual sup
pliaa depleted during two years OF econ
omy. On the other hand, there has
been enormous increase in the working
force aud considerable increase In
wages paid. which enable people TO buy
more freely. Strikes Of some impor'
lance appear, but do not yet threaten
to last long, though a strike OF coal
miners may for time Affect business
somewhat extensively, The hopeful
spirit prevailing In neRrly.all markets
may find its warrant in spite oil some
shortage In crops.
For the first time since the rise in
prices OF iron products began, there
have been some concessions to retain
business, and efforts OF new works TO get
orders tand to check the advance. In
spite OF this the general average oil
prices 10 a shade higher, bar having
ri,en relatively more than mill iron has
declined. Tho market for pig is quiet
and OH the whole remarkably strong,
with tho prospect Of increased output.
Finished products are generally strong,
with more demand than can At pEe5snt
be met tor plates aud for bar. The
structural demand continues large, hut
the expected demand for rails Is yet de-
layed. Great speculation in copper
slocka has brought out some cxtfaya'
CANT statements Of demand aud profits,
but III has bOan paid in some Casaa for
lake, aud the consuming demand ls
actually heavy. Tin has remained
strong in spite OF large arrivals and
Visible stocks 5000 tons larger than
usual, and lead Is stronger in tone.
Business in cotton goods has been the
largest in July for several years, reckon
ing deliveries, but not large as TO new
orders.
A further advance OF II cents per
ward has been mado with moderate de-
mnnd for some blOaChed and brown
goods, and prices are firm for sheets
aud drills, while eoloEsa coltons are
quiet, with occasional advances
Sales OF wool have been only O,0l2,45O
pounds Tor the week, against 1885, 400
10 1892.
Wheat suddenly rose three cents on
bad reports Of condition, but has drop
ped all tho gain as the scAn!lnesI OF ex-
ports is felt. Corn is shade stronger,
although the reports arc decidedly Ia
ynrabe. Heavy sales Of coal arc report
cd at prices at least seventy cents below
the circular aud the maCkoti much de-
mnrAIizsd, with fear Of auction Gales.
Failures for the week have been POI
in the United States against 230 last
year, and 2S in Canada againat A last
YEAR