The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-09

responding week of 1855, is7 In the like
week OF 1884, and as contrasted with
lli In the first week Of August, ls93
Exports Of wheat (hour included as
wheaD from both coasts OF the United
States and from Montreal this week
show a sharp increase, amounting 10
3,3OS,477 bushels compared with 2.sl9 600
bushels last week, 2.741.OOO bushels IA
the week year ago, 1850, 600 bushels
two years ago, 34l7.OO0 bushels three
years ago. and as contrasted with 5Ols.-
900 bushels In the like week OF 1898. Ex-
ports Of Indian corn are almost as large
as those OF wheat this week, amountlnu
to S,223,SS5 bushels, compared with l.
4S2, 900 bushels last week, 1,257. 900 BUSH
els Ia the week year ago, !, f06, 200 BUSH
els two years ago, 100000 bushels three
years ago, and as contrasted with 1891.
900 bushels In the like week OF 1898
Phenomenal Activity.
Phenomenal activity, and in many
cases remarkable advances, have pre-
vailed in the New York securities mar
ket, Public purchasing of stocks is the
feature, and speculative excitement has
developed upon larger scale than tho
market has seen In some years, London
has sold stocks steadily at the advance
here, and local professionals have ex-
pected and worked for a reaction, but
at slight concessions fresh buying has
developed and carried prices stlll high.
er, Large traffic on the western rail,
roads, improving tendencies in earn
lngs, foreign purchases OF grain, and
the break In exchange rates are sup
porting factors, as well as the favor.
able condition of the crops. The gran
ger and Vanderbilt stocks have led the
advances, but low prices securities and
those OF recognized companies are re-
celvlng much attention at rising prices.
Gas stocks are feature In the outside
market, Bonds are very active, with
higher prices for speculative issues.
Foreign exchange has broken TO 4.S6A
for sight sterling, under large offerings
of bills against purchases OF grain and
provisions for export The tendency in
exchange causes expectations of gold
imports this autumn. Silver has fallen
to the lowest figure on record; bars are
25Sd In London and 56hc In New York.
A steady supply from the United States
and restricted eastern demands are the
cause OF the drop.
The distribution of staple merchan-
disc In the province of Ontario is mod
crate, but sales for fall delivery have
increased, as has the movement of dairy
products and Of live stock for export.
There is a moderate volume OF business
throughout the province of Quebec and
harvest prospects are good Trade IL
,I,.tI 81 IuItE ln H..
crop viii be large. but the fruit crop
will be the smallest in years. Bank
clearlngs at Winnipeg, Hamilton, To-
ronto. Montreal. Halifax and st. John,
N. b., amount to So, 1885. 900 this week.
almost exactly Sl,000,00O moro than last
week, and about 81, SOC, 900 more than in
the like week last year There are ~
failures reported from the Dominion OF
Canada this week, compared with 32 last
week and IS In the week year ago.
Wool Market.
The tone OF the market Is iirmer all
along the line, with prices hardening.
Asking values have been sharply adj
vanced by many houses and buyers viii
undoubtedly pay lie more than a week
ago. The strong conditions abroad help
the situation here. and supplies are held
with confidence. Woods show a hand
some profit. which induces dealers to
accept many bids and keeps the bust
ness up to good average, although thu
WOODS sold cannot be replaced, For %%
and above Ohio washed neeces about
CSC IL tho market, with delnines at 26c.
The price for territory woods Is 400 and
above for fine medium and fine secured,
with offerings small at this price. Some
large lines OF territory woods have been
taken on about this basis. Australian
woods are ranging from about zoe to SIC.
secured, for the better grades Of clothing
and comblngs.