The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-10-30

NEW YORK. Oct as,-R. G. Dun &
Co.'S weekly review of trade tomorrow
win say;
The testing OF railroad trade is In pro-
gross. but results are remarkably re-
tarded by long continued mild weather
and also by. the fever in southern dis.
trIcts. Even from that quarter some
large orders lately received show bet
ter distributing than was yet expected.
In spite OF unseasonably warm wealth
er, which greatly hlnders retail dealings
in winter goods at all points east of the
plains, the largo number OF supplemen-
tary orders with pressure for quick de.
livery make II clear that the sales In
many branches have exceeded the ex-
pectation OF dealers. so that replenish-
ment OF stocks is not yet finished
Meanwhile wholesale trade and orders
to manufacturers have been smaller
than when the rush was greatest, bur
have nevertheless been large for this
stage, even In the year OF general pros.
perlty. for the payments through the
principal clearing houses for the week
llING bNfh ~ HtA GtAh luIkNI Nlull III
the same week OF 1892, and for the
month 81 per cent.
Heavy engagements for outgoing
wheat, covering 100000 bushels this
week, AFFECT monetary prospects, but
still more the produce markets, for the
Atlantic exports are large already. o.
$4,000 bushels (lour included), against
2,344,A4 for the week last year, and In
four weeks 1S,9OA,557, against 9,sl7,O5S
last year Western receipts are not
quite equal to last years for the week,
but have been q, ,969. .2SS bushels for four
weeks, against 2S, ga last year.
The market advanced 2iac, while No. 2
red actually sold above 81 here. while
speculation at ST. Louis Is pushing
prices yet higher.
The possibility that foreign exports
may be checked Ia not to be overlooked,
but the heavy engagements besides ex-
ports for four months past prove that
foreign needs are real and large. The
corn movement was smaller, though ex-
ports fell only 100000 bushels below last
years and the price advanced but
slightly.
The fall of cotton to SIX cents for spot
and SIS for January, making the price
the lowest since March II, 1895, and not
half a cent above the lowest for nearly
half century, is partly due to embar-
rassments caused by the fever, but also
Indicates the prevailing belief that the
quantity to come forward is large. For
two months more cotton has como into
sight than from the greatest crop ever
grown in spite Of delays Caused by quar-
antines, but the unfavorable conditions
about the time of maturity render It
less likely than usual that the crop will
be satisfactory, so that receipts may
drop off earlier than usual. on tho
other hand, IL Is to be noted that ex-
tensive labor troubles threaten the
manufacturers in England while lower
prices than ever known hero for print
cloths reflect q heavy accumulated
stock OF goods as well. The increase in
production by the mills has been over
forty per cent. In ten years, far beyond
the increase In population, and they
consume as much cotton in the last
crop year with materially diminished
demand for goods as in the most pros
porous year heretofore.
Wool markets have become quiet.
Instead OF Il, 900. 900 pounds reported sold
In Boston in the last week OF Soptem-
Der, 100000 the next week. 100000 the
second week OF October and 3,00O0O0 the
llllEu NGtlAt hhleH HhNN httll Jul sglAVfVVV
and Mt three chief markets 5,23l,3O0,
making the aggregate for the month
90, 1894, 900 pounds. against over 66,0OO,O00
pounds in September. Prices are well
maintained, although two 10 three cents
below, but occasional heavy sales indi-
cate concessions for liquidation OF spec
ulatlve lots. The market for goods is
not active, as prices have been SO far
advanced as to hinder buying In many
cases Intentionally. until the future is
more clear, and the mills have ahead
quite as large contracts as they Just
now desire.
The buying Of iron and steel products,
though smaller than OF late, continues
to keep work well engaged ahead and
induces others TO resume operations.
Both buyers and manufacturers find II
prudent to limit ENGAGEMENTS ahead
and the period OF adjustment will mako
the industry safer for some time to
come. There Is great pressure for
speedy deliveries but some abatement
OF demand with slightly lower prices
for nails. Tin is some little weaker and
conner ut eleven cents for lake and COM
petitlon OF homo producers lower tin
plates to 1910 The coke output Is
larger, 1869 tons weekly, but the an
thracite coal is weaker, offered here ut
81 O5 against As5 named In circular.
Failures for the week have been 2l9
in the United States against 210 last
year, and 20 In Canada against 70 last