The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-10-24
\ CONDITION OF rRApE.
IL. q. Dun q Co.'s Review Con tract. Cor
ditl6ned Oh tile tesnlt Of The Eieotio,,.j

,E0ns
ditlonsd on tbs Itt.nit OF ihe Eisetioi,.i
NEW YORK, Oct. ?a--R. q, DUNE
Co.'S weekly review otStrade to.morrow
will say:i Il * g5s (;
Tho event OF tho week has beer, the
sensational advance in wheat 10 S3cei,ts
for caah on Tuesday, d rise OF 5is certs
and It's fall ltos77 on Thursday, gaining
1sk ccntson Friday. The rise was mag
nined by covering of speculative sellers
who Imagined the advance had zone too
far, but was at tho bottom based on mn
extraordinary foreign demand which has
engaged grain vessels from all the Pa
elmo as well as Atlantic ports for months
anead. How greht!th shortage In ;ordi-
nary European supplies may be Ii the
point OF doubt md .specuiation, but none
now question that,shlpments from, tho
Pacific coast 10 India and the decrease
In Russla's Yield ure Important, and the
buying OF enormohs quantities for ex-
port with engagement OF freight room
az higher Prices, express the belief OF
European dealersSs 3;.5 Il 4 z I. Z Y, Z
Wheat exports from the Pacific coast
are large, andfover 100000 bushels pes
day have been engaged ahead for some
time. ~ "
iHS AtlalltlC eNpOrtS,l ABOUT eVU,UUu
bushels larger for:the week than last
year, have beentin October C,510,213.
flour included, against 5000, 3Ss last year.
1t Is worthy Of note that western roads
are complaining OF a car famine, the de-
mand for movement to markets being 80
great that although the actual receipts
forN three weeks at western ports have
been q 1881 bushels, against 23.061 ,534
bushels Inst year, following % much In
creased movement IN. the quarter ending
with September. ~ earn moves largely
and at flower PRICES having declined IA
cent for the week. Cotton has advanced
sixteenth to s cents, with only moder-
ate transactions aRu heavy receipts from
plantations. ~ 4 ~.
The most striking feature ofindustr-
al returns Is the number of contracts
conditioned upon the election. These al
ready are enough,yto make business
rather lively for time, and many others
are pending which.iwlll likely be held
back until November !. The buying OF
materials not only advances prices, but
induces larger purchases Of the finished
products without conditions. Leather
has risen " per cent with u general de-
mand, though mostly in hemlock sole
and union, and hides at Chicago have
pSI4L plIH W phShVlo,
though country hides do not rise at all
and some are lower, but the average OF
all Is per cent higher.
Buying Of Besscmer. pig ut Pittsburgh
causes slight advance and all the mar
kets ore strong for pig. but not for fin
ished products. Very low prices ore
made for, speedy delivery by mills want
ing work. But tho tone Of the market Is
better and n decided increase of orders
appears in plates. about 5000 tons for
building vessels on the lakes, and in
structural work at the west. owing to
contracts taken ct Chicago for build
ings at Boston. Toronto, Detroit and
minneapolis. There Is also great de-
mand expected for cars. and the nssocla-
ton offers to sell. iron until November
to jobbers and large buyers Mt S1.05,
while steel bars ore scllinsl argely at 1c..
A reduction In nails Is expected, but the
rail- season is over and the billet pool has
little business. A sale OF about 5000, 900
pounds was made flake copper at 10hc
to domestic consumers. Tin Is shade
higher at S12 so.
Failures for the week have been 27i
in the United States against 22l last
year, and 60 in Canada against 50 last