The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-11

NEW YORK, Sept. 10.-R, q. 'pur a
Co.'S review of trade in Its issue to-mor-
row will say;
There is no hating in the advance.
Business grows better in all why's, for
while Its speculative end breaks CON-
splcuous gamblers for a decline. a stea-
dy increase in production, In working
force and In the power of the people to
purchase are the features which over
shadows all others. Reports OF New
York trade unions shows an increase
since one year ago Of "a per ceIit in the
number OF men at work. and a similar
Increase among men in like position
throughout the entire country would
exceed 100000 men, while every
week adds many establishments to the
active list. The coal miners strike haA
disclosed such facts and brought TO
light such differences that work viii
probably be very soon resumed by a
large share OF the men. The farmer
are helped by higher prices nor wheat
and while western receipts do not show
that they have marketed tenth ofthelt
crops assurance OF n handsome profit
to come prepares them TO buy literally
hereafter. Because OF this and the In
crease of hands at work, dealers
throughout the country have started to
replensh stocks, which is the great
force at present operating In manufac-
lures and trade, though distribution by
retail trade has greatly increased.
Gain In Pig Iron Outpat
A gain of 12 per cent in one month in
the output of pig iron from 1G5,S7S tons
August 1 to 1886 tons September /,
with knowledge that half dozen
other furnaces are preparing to resume
and that unsold stocks have been re-
duced II, 400 tons weekly in August in
dicating n consumption or about 10000
tons, more than explains the moderate
advance in prices OF finished products.
averaging about G per cent since the
lowest point in August. Pig is n
shade stronger at Chicago, but the proof
that the advance is healthy is found in
the growing demand Of consumers, es-
peclally for bars. with inquiries for 500.
900 tons reported at Chicago for struct-
ural work, including 1000 tons for
Santa Fe bridges, for all sorts Of car
material, including 10000 axles, and for
plates, especially for shipyards on the
lakes, SO that most prices have advance
ed 81 ton.
Rods, sheets and merchant pipe are in
heavy demand. Copper is steady and
lead a shade stronger at 4.15 cents and
the production OF coke has reached i2i,-
mn t.ns. ,,,tkI, 7f7 ntya,,u In nVNarattot,
Increasing Foreign Demand.
Wheat has risen sc the past week, not
in furry, but in answer to the daily ln-
creaslng foreign demand. Though re-
ports of the crop, now almost wholly
out of danger, indicates yield never
surpassed but once, foreign accounts
stlll strengthen the belief that the def
cheney abroad will be about 10O,OV0.00O
bushels more than usual, and mean
while reports indicate that less corn
than was expected will be available for
export. Its price has risen about Nc.
While wheat receipts at Chicago have
been breaking records, receipts at all
the western points are for the week a
little below last years, but Atlantic
ports 9,77s,13S bushels, flour included,
against 4,27O.75 last year for two weeks,
with 5,579.77l bushels corn against 81
570,704 last year, indicate foreign de-
mand apparently limited at present only
by ship room.
Since the small corner In August cot
ton has relapsed TO ~ cents. There
have been no rumors affecting prices
much. Northern mills are consuming
very largely. with continuing demand
for goods which mas advanced the prices
OF many. Nth enormous speculative
sales OF wool, which appear TO consti-
tute most OF the market at Boston, there
is also more buying there and elsewhere
by the wooden mills, which are enjoying
extraordinary demand for goods at
prices averaging not 10 per cent higher
than was paid early In the year The
average advance for the wek In securl-
ties has been 81 l2 per share for rail-
roads and 10 cents for trusts.
Failures for the week have been 2i5 In
the United States against 3l5 last year.
and 3j In Canada against AZ last year.
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