The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-08-29
ITRENDIOF.TRADE.
r. G. Dun & Co.'S 'sweekly Review
Of the Situation
THE INCREASE IN FAILURES
showing tho Depression OF rTrade-com-
4 iparative Statement In All Branehe,--rin
Plate Contracts Deferred untti Aver
Eise,lon-Dsersase of Coke Prodaetion.
No Gain Ia the Demand for woolsa
I s--conndsnes tn prysn'a Defeat
Helps Return OF Gold.

NEW YORK, August 2s,--R. q. Dun
& Co.'S weekly review OF trade says:
Clearing house certificates have not
been Issued, but instead gold ls coming
hither largely on the swittcst steam-
ers, about slo,ooOcoo being already on
the way. Higher lending rates bring Il,
notwithstanding foreign events, which
disturb London markets, and growing
confidence in the moEetnry future OF
the country helps. &,
Liabilities in failures for three weeks
ending August 20. were s2o.sa2,2S5
against s6,5l9.966 last year and ss,s14.-
40 In 1894 manufacturing were 81, ,199,-
93s against ss,5l7,3 last year and 81
Si9,33S in 1891; trading were A.e0t,3s3
against s2,S52, $50 last year and 1884,
dl4 In 1894. while brokers and other
commercial concerns added s4.S27. 1856,
against s7i9, 900 last year and Sl,SSSs.7l8
in 1894. The stoppage of Hilton.
Hughes & Co., this week Is OF course
not included In these figures. the stop,
page OF works also continues, including
among other iron concerns the Illinois
steel plant at Hammond, Ind, and the
Lakeside nall works there.
Disruption OF tho tin plate associa-
tion results from inability OF many con-
Germs to go on paying wages demanded
and VIII presumab bly, be followed by
the stoppage Of some other Iron Works
are getting very light new business.
many contracts having been deferred
until after the election" and there Ia
so little doing that quotations arc al
most nominal. 81 4
Grey forge has sold fol. 80 % at Pits;
burgh. but It is said that speculative
purchases amounting to 10000 tons Of
pig have relieved the Chicago market.
Coke production at iConhellsville de-
creased 10000 tons last Week. further de-
crease being expected. Anthracite has
again been advanced &c since Septem-
Der !. Minor metals dull. Tin. 1885
cents for spot. Copper said to be sold
at 1850 cents, though 1886 Is the lowest
open quotation. and lead only 2.65 cents,
with small dealings.
Leather Is q shade weaker, and hides
again lost about 9 per cent for the week.
Actual quotations of wool are hard To
get but sales to realizo are at bargain
| prices, and exports Of domestic and
| shipments Of foreign are in considerable
| quantities. No gain Is seen in the de-
mand for woolen- goods. Cotton shows
a stronger tone, and in a few qualities
slightly better prices. s
Speculation in products caused an ad-
vance of 1S2 cents In wheat. but by
Thursday It had been lost. only to rise
again, and close at nearly the top. Corn
declined on Thursday to 26.25 cents here
and 2o.37 cents at Chicag so. which is closa
| to the lowest ever known. Crop advioes
continue most favorable. but western
receipts indicate less disposition TO sell
at current figures.
Failure for the week have been 2SS in
| the United States, against 1856 last year
and 80 in Canada, against 42 last year.