The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-12-25


of a year ago when exports exceeded
sll7,OOO,OOC in December. The bank fail
ure at Philadelphia, due 10 individual
operhtions, causes 10 disturbance, and
commercial! failures for the month have
been less than half last years to the
same date.
The outgoing food Of grain Is not
checked by Chicago speculation, though
more corn than wheat has been moving.
Wheat exports, flour included, have
been 3,69S39l bushels for the week,
against S,j6s, sos the previous week, an!
1,5i6,4i3 a year ago. and In four weeks
1890, 500 bushels, against 9OSg,5Sl last
year. while corn exports for the week,
4,54O,S2S bushels, against 1,75l,T4O last
year, have been In four weeks IA ,i2O, ,l5i,
against s,l76,078 last year, Last years
corn movement was by Tar the greatest
ever known and this years wheat
movement for the half gear nearly end
ed has been close to the maximum
regched In 1891, Wheat has Varied lit
tie, closing ?" higher Tor the week, after
deliveries On surprising magnitude at
Chicago and corn closes nearly a cent
higher Cotton has also been moving
largely and has risen sixteenth.
Cotton goods have further declined in
prices OF bleaehed which meet active
southern competition, and the Fall
River splnners Insist upon reduction
OF one-ninth IN wages, other New Eng
land mills Joining. out of one hundred
and one New England works. forty
five have passed dividends, fourteen at
Fall River and fifteen others paying one
per cent for the last quarter. The fall
In the price OF cotton when mills were
holding heavy stocks OF goods placed
this industry IN most embarrassing
position. Wooleu mills have begun buy
ing domestic wool heavily, especially
Montana and Territory, as II assured OF
large business for the season about to
open. Contracts Of unknown magnitude
have been made, It is said, at previous
prices, but others at a moderate ad-
vance. Wool Is more firm, traders hay-
Ing disposed OF 100000 pounds terri
tory and 100000 pounds other domes-
tic at Boston and sales at three cities
reached 7,SO0,1 100 pounds,
There Is stronger demand for iron
and is products, 9cssomcr rising TO $40
and grey forge to 80 at Pittsburgh and
the Eastern Bar Association has ad-
vanced the price to III cents for refined
and 1.02M for common. owing to possl-
bic changes in freight rates southern
pig Is offered twenty-five cents lower,
A striking feature IS the unusual de-
mand for the season in building cars,
OF which 1900 have been ordered at Chi
cago by one trunk line and rails there
have advanced to t2o In new business,
with sales here OF 5000 tons for home
use and 1000 for Mexico. Building con-
tracts in unusual number for the sea-
son come up. also contracts for three
drainage canals at Chicago. The Illinois
steel works have eight months business
booked, with more orders Offering. Pipe
is dull and weak, but rods are quite nc.
tive and billets have advanced about
soc. The output OF Connollsvlllt coke,
iJ5.i2l tons. Is the largest for any week
this year and contracts TO supply a Ma
honlng furuace at 81 Go Tor half next
year have been made, Arithmetic coal
is lOc stronger, with colder weather. Tin
Is slightly weaker, owlng TO large ship
ments,
Failures for the week have been 2os In
the United States. against e97 last year
and thirty-throc In Canada, against
forty-four last yQar