The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-04-24

NEW YORK. April 25.-R. G. Dun 9
Co.'S weekly review of trade tomorrow
will say:
If either Turkey or Greece had been
wholly buried in the sea, markets might
have been affected less than by the out.
break Of war in Europe. Like hre In the
heart Of a crowded city II raised the
question OF whether a general conhagra-
ton may not spring out Of It, To this
possibility, and not 70 the direct infiu-
ence OF either Turkey or Greece upon the
worlds money or produce markets. WlG
due the excitement In grain ana stocks.
AZ the unknown IS magniAed, American
markets wero much more fiighty than
European, where the possibilities have
been discussed and partly discounted for
months. But the uncertainty rernainS
and will AFFECT the movement Of money
and staples until It disappears, creatin6
a larger demand for American products
at higher prices, causing hasty Speculs-
tive selling OF securities at times, but also
! more continuous buying by foreign Inc
vestors and not irnprobably influencing
the attitude OF foreign powers on queS-
tions important to this country.
Wheat rose six cents from ThurBday 70
Monday and has retained most Of the
rise. Since Russia and the Danubiln
states viii be likely to ship wheat Scanh-
ly, especial needs and much higher prices
being possible there, q larger share OF the
requirements Of western Europe may ma
turally be drawn from this country ana
the chance OF war between the grea9
powers has the more influence becauB0
supplies held are not large.
While western receipts do not yet In
crease, and In three weeks have been but
5.6G 900 bushels against 5,eS9,199 last
year, Atlantic exports begin 20 gain
slightly, amounting to 1,190.S29 bushels,
-four included. against l,0S5,la last year
and for three weeks have been S,6Ss,l1o
bushels against 3,t53,679 last year. But
the great increase Is still In corn Of which
the price has scarcely advanced through
Atlantic exports were 4,1S9,1l6 bushels
for the week and for three weeks II, ,22l,-
15l bushels against 2.6A,lS2 last year.
Already the reports for the crop year
have been $4,000, 900 bushels larger than
Atlantic exports OF wheat and flour, an6
may suon exceed the total exports Of
wheat and -four from both coasts.
The past week, like others Of late hag
witnessed the starting OF operations By
several iron works, especially in black
fheets for Timing, and yet prices OF pig
iron and unfinished products are lower,
demand not yet equaillng the supply.
Bessemer pig has sold as low as 50 O5 at
Pittsburgh and Grey forge at s. 30 in
Birmingham. Steel billets tall to $1l 25
at Pittsburgh and angles TO Is, but wire
nails cannot be supplied fast enough ae
S2i X nails are RtrOnP and n few uaoF0
structural orders are pending. Eastern
works also have orders for 1900 tons OF
steel rails. Complaint and proof that
the demand for products 10 defcient
blinds many to the fact that the actual
work in progress, largely on the heavy
orders for beams, bIllets, rails and sheet
bars taken when the pools broke up, q OF
greater volume than for long t1me.
Large sales OF copper are reported ae
liz cents, with production 1928 tonI IN
March.
The end Of the stipulated curtailmsnt
has been reached by some cotton mills
and nearly by all, and since the auction
sales bleached goods have been slightly
advanced.
Sales Of wool have been largely Of for
eign. reports being arrivals OF quantities
sold some time ago and imports at Boz
ton for the week were $1,000 bales, For
the three chief clhes sales were l,03S. 500
pounds In three weeks, 20,27l. 800 being
foreign, aginst 1896, 100 in 1899, includ-
ing 1874, 900 foreign. But manufacturers
nre doing scarcely anything and orders
for goods improve very httie, though 60r
somewhat better grades OF goods.
Failures for the week have been NS IN
the United States, RgainBt 2SS last year.
and q in Canada, against a last year.