Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-05-24
THE STATE OF TRADE.
Bradstroets.

BraQStrC s.
The slight Improvement in trade Is III
the tendency of business 10 increase al u
few cities in the northwest, on the Paclnc
coast and in South Atlantic and Gun
States. There IS increased buying bdl-
timOre. Atlanta, birmingham ana al New
Orleans, where trade has revived on the
announcement that northern LOUISIANA
Mississippi and Arkansas flooded districts
are being placed under CULTIVATION anu
that the damage done IS less IMAM SA-
pacted. There are increased sales at NIL
waukoe Omaha, Chicago ant St Louis,
and exports of general merchandise anu
lumber from San Francisco have m
creased. AQViCeS from California are tnat
lack of seasOnable rains and long cohtlh-
ued dry winds have injured the wheat anu
fruit crops. The yield OF wheat there Is
expected TO be smaller than IN Io9''
Larger Eastern centres report the NOV
ment of merchandise slow and trade dull.
The season is row st far advanced tnaI
no general gain Is looked for I'LL after IAN
buying sets in.
marked building and other industries. no.
taby clothing, mining, iron, and steer.
Manufacturers of woolens are well stock
ed with raw material, but owing 10 SLOW
ness of orders prices are easier Makers
of cotton goods are at a disadvantage
owing TO the relatively high price or COT
ton and the increase in production OF
products. There is no gain in demand Tor
| iron and steel prices for which continue
u
and wire nail makers are seeking TO form
a pool % advance prices is not confirmed
Prices of staples have tended downward
/ this week. COuspicuOuSly for cotton, sugar,
leather, -hOeS. turpenune. wheat, corn
pork. lara and coffee. Wool is nomlnaliy
4 unchanged. although easier and coal the
same. although il is TO be advanced. IN
changed prices are also recorded Tor lum-
Der, pig iron. steel billets, print cloths ana
wheat Hour. the only noteworthy advances
! being for petroleum. cotton yarns. roSlh
| and tea. Bradstreet's prices index number
! for May Is H1g3. cOnJrasted with HSlo on
! April !. 1891 which reflects the excess vol
! ume Of decreases IN quotations for ~ sta
! pie articles. products and live stock last
month. The index number on April !. 1875.
/ just before the panic. was lul. 800, whence
/ the decline to April /, 1884 was 1920 and
! 10 April j. 1885. 12.052 tn elOwest point
reached by the index number during the
past seven years was 6,lN2. on July !.
was TO .5.0H Since that date there has
! been a steady decline.
Bank ClearingS throughout the United
| States this week amount 20 $40, 0OO.W0, q
/ decrease of nearly o per cent. from last
| week, . per cent. from the third week Of
| May 1896, and l. per cent. from the corre-
/ spending total in 1895. As compared with
| the like week in 1894, this weeks total
| shows an increase of Il per cent, but
/ compared with the like aggregate in 1893.
| the falling off is - per cent
| There are 24j business failures through
| out the United States this week which is
| not far from what may be called the nor
mai. The total is compared with 25l last
\ week, 2l6 I'm the third week of May. 1896.
| 206 i'm the Ike week Of 1895. 231 In 1894 and
| p, in The corresponding week Of 1893.