The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-06-04
TRENDiOEfTRADE.
AFuil Month Of War Does not s,en te
Have had any Detrimental Eject on
b BusineIs-Tho Great 1ndnytries Show

l. IEAFuu month OF WI ar Docs not seem 20
Have had any Detrimental Eject .os,
Business-Tho Great 1nduytries Show
Gains. f,5 ~ u Z tt. ~ 81 W III \
NEW YORK, June 3.-R. G. Dun 4.
Cos weekly review Of trade viii say4iu
its issue tomorrow: s,t tSs
May having been the first full; month
Of actual war, the fact that failures Ia
that month were smaller, even though
but little. than in the corresponding
month last year, and nearly 10 per Cent
smaller than in May. 1895, Is some.
what encouraging. the more because d
year ago the remarkable decrease "a
May gave proof OF the heavy irnpr1ye.
ment In business which made the year
so gratifying in general results, Large
failures were eight in manufacturinEIfor
s2,3S5.000 thls year against thirteen for
s2,965,000 last year, and in trading Ave
for $690,000 against ten for s1,572, ,071Gin
1887. Hesitation in extending usual
credits soon after war began naturally
affected weak more than strong CON.
Germs. but It soon gave place to steady
and increasing confidence. w &s}, ;s:,sl
Wheat Market. stss;
Wheat dropped 10 from the highest
point after the May deal eliminated and
has since been weaker for July because
Of accounts promising an enormous
yield. Those who were, nearest the truth
last year now predict about 700, o,O0o;0 ;0o6
bushels for 1898, and all accounts make
acreage much larger and conditions
much better than q year ago. But with
81 10 still paid for No. 2 red in elevator
and foreign demand taking ,29i. .4ss
bushels, -four included from Atlantic
ports for the week, against 2,l65, ,7s7 last
year : and 3S5,4S9 from Pacific portsi
against 1899 last year. the decline evi.
IDENTIFY hasens the marketing ot surplus
and gives the new crop q better cllances
It is not less surprising that western re-
ceipts for the week were 4,264, $50 bushels
against 2.099.795 last year. although the.
crop has been by some supposed almost
exhausted and corn receipts were also
1o7649l bushels against 6.116,52s last
yeur. EgIs
Exports Of corn for the week have
been 4.sSl,s20 bushels against j 1926, ,5es,
last year and for the first time In his
tory exports OF each grain have abouti
reached 100000 900 bushels In the same
year. .!55t' +. z: (; = ~
Tho Great industries.
OF all the great Industries the cotton;
manufacture only gives some signs 81
shrinkage, cotton having dropped six-l
teenth during the week. Print cloths.
however, have advanced and In most
staple goods the demand Is improving.i
Woolen mills nre encouraged by so,uesS
what larger demand for goods, in part
from government orders and arc aver;
aging about ono per cent better prices
70; goods than a month ug,,. z There ri
not much demand for. wool which Is stillS
held In the main which have the ytewaS
of manufactures and prices have yde.S
.cllned an average of half n cent lfor5 thef
month. ; Y y 4 IS
The iron and steel manufacture gleadst
all others in gain over previous years,S
its consumption Of pig being more thanS
nmlllion tons per month lor 22S. 900 tonat
each week. against 40. $50 tons perweekl
in May. 1892! an increase OF $50 per cent,
Works beyond tho Alleghenies are
crowded With business and while some
eastern concerns are running part time,E
mostly bnr mills, the government !de.S
mand Is felt most In this section d ri II
Above all others lns!gnincancc. isstf,c
wholly unprecedented demand from
agricultural implement works which
throw In the shade; all their past oriersE
while the plate and rail- lgmanufactursrs
are beating all records, partly With; for-s
icigh orders, me FOR Canada having bcena
placed at Chicago for l2.O 900 tons, Str'ucss
tnrnl work islvery heavy. the west fiirss.
fnishing a large share OF It aud in stess;
bars and rods for fencing. the orders Mn
large. Prices or{pg5 Iron have y bess,SI
somewhat strengthened by, enormSns
buying orders for Bcssemer ana bns slo Insfl
Pittsburgh and nfS charcoal ChlSasos'f
b. Failures for the week have been sesaSsI
tn. United States, against atl <last iSearsS