The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-03-20
STEADY GAIN.
Greater Numbero of Hands at Work
and Mills Starting.
RESULT NOT LONG DELAYED
In Come BraneGss OF Tradoit Is FeIs Al.
Esaay-WsokIy Review of Trade by n.
9. Dan q co.-ConditiOn OF the Iron
Frads-Dsmand increases for FInlahsd
Produets-A General HOpsraI Sign All
Along tAs Lilac.

NEW YORK. March 19.-R. C.
DUN & Co.'S weekly review Of trade To-
morrow VII say:
Though steadily increasing, business
is stlll much below Its volume in for
mer years of prosperity and many ex-
press disappointment. Yet there Is
some gain every week, with more
hands at work and more mills IN opera-
tlon, and the sure result large puF-
chaseS for consumption, cannot be long
delayed. In some branches It is tel:
ulTeady; there Is larger distribution or
finished products and the demand Tor
commercial loans has sharply Increased,
and especially in dry goods and the Iron
and steel branches. The progress OF the
Iron and steel industry Is hindereu
by uncertainty regardin the cost of lake
ore for tho coming year, though the re-
peated adjournment OF producers meet-
inEs is interpreted as evidence thai IN
agreement viii be ultimately reached.
1t IS reported that EOrrie ore at $40
will be taken as a basis, which would
imply about $2,3j for MeSabic ores, but
until the question has been settled
many important transactions ore de-
ferred.
While there is no great activity in fn-
Islled products, the demand steadily in.
creased. Contracts for several graet
buildings ut Chicago are pending anu
Tor good many bridges and other rail-
road works. and the demand for wire
nails and for wire does not aoate. nor
the demand for black sheets required
In tin plate manufacture. Tin tends
lower at 1885 cents with heavy receipts
and with weaker London quotations.
lead IS inactive at 237 cents and cop
per IS weaker although the trihlnS de-
crease in proportion In this country, Is
practically balanced by the small IN
crease In proportion elsewhere.
While manufactures of cotton goods
are booking forward with much con-
fidence, the present Is not equal to ex-
pectatiOnS, nor has the curtailmeHt IN
production of print cloths accomplished
the desired change In condition. The
buying OF wool. mainly OF speculative
character In expectation OF new duties
continues remarkably large. Sales at
the three chief markets for the past
week were 1O,SSl.9O0 pounds. and for
three weeks have been 2S,795, 500 pounds,
Of which 1865 200 were domestic. NO
great Increase has yet appeared In the
demand for goods, although few more
mills have found enough orders 70 start,
perhaps in part anticipating q future
demand.
The demand for wheat has not given
much hep to speculation Atlantic ex-
ports have been only l,263, $50 bushels
against 1888 -four included, for the
corresponding week last year, while
western receipts have been only
!, ,397, 7,346 bushels against 2,416.069 bushels
last year. Accounts regarding the
coming crop have been less favorable
this week and the price has advanced
f6&c, The exports OF corn crop con-
tinue heavy, 4.543.705 bushels for the
week and quotations advanced X. The
cotton market has also been almost
lIfeleSa
Failures for the week have been 216 in
the United States, against 26t last year
and so in Canada against 4S last year.