The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-04-09
TRlSDOF TRADE.
Tn ,lne. I, In no Nay $ nrc,rh by Pros
. pne.. o. -Goniinnei, Outflow OF
'heai- yniuar!at Situation Cndisturb-

In 'lnes I, In no Way s nrctrh by Pros
% prct. o. Continual, Outflow. OF
cheat yn,iusr!at Situation Cndisturb-
-. go fi - :, u.s.
NEW YORK April SIR. G. Dun 6
Ce.'s weekly review OF trade will say to-
morrow:
When everybody Is asking whethe. 1t
is 70 be war or peace, the state OF busl-
.,ess IS uotseasyttp Judge. Since, Eobody
car Judge just how wise bankers ma:
be IL an emergency. there Is some IN
cer;aIaty. but thus far scarcely any
at02gaga Whatever OF, manufacturing
N5acerns appears. nor any indications
,tElt the producing force is likely to be
diminished, nor Is any such symptom to
be eeen in business reports. Evidence
o: existing conditions Is not confusing
rcr un.uyorablc.h So FAR banking con-
Fc-va,!gm has not caused failures which
continue smalle. thar for many years,
as In March, nor has It caused stoppags
o.; ary manufacturing concerns, nor les
Esened the volume of business reported
by railroads In tonnage. or c!earings at
principal points.
The wheat outgo counts for much and
continues, Atlantic exports having
been e,2io.l72 fOr the week. against
l.52ll22 last year and Pacific 1,226.574
bushels. against 447,5S5 last year. Since
corn exports continue 3.4S3.650 bushels,
agains, 3.323.277 last year, the strength
of the demand is not to be attributed
10 speculative agencies. 1t Is fortuna IL
that western receipts OF wheat do not
al ~ thaN rtraN 1tva rot, ht,l
are stu l.90l.s05 against 1.TS9.1l0 last
year, so that the stories OF the nearly
exhausted supplies OF wheat are fables
tor, children. The prlco rose steadily
and closed &c higher for wheat, with
corn lc higher
: At the same time the exports OF cot
. ton are extraordinary. though Just now
deferred b. the caution which causes
larger shipments by rail to New York
instead OF outside from Gull ports. For
four weeks Il has averaged nearly 81
10000 per week greater than In 1895.
from the largest crop ever known, In
spite OF the fall In price. which mas not
changed during the week. In spite OF
many reports OF decreased production.
in such conditions heavy Industrial de-
.mands for great force OF operatives
have been effective. The truth IS that
every great Industry meets enormous
reproduction compared with cores
BONDING demands In any other year.
however prosperous. and yet nearly all
nre keeping almost their whole force
employed and some are increasing
force. One branch OF wooden n1anufac-
'ufc. two carpet mills. have stopped. or
hfe ABOUT TO etop, as 1t is between sea.
Eons, Is
In the Iron and steel industry, with
demands greater than over before from
general sources, urgent orders from the
government enlarge work, but do no:
advance In prices. & Z.
Disasters In trade shown this week BY
teparatc branches OF business for the
month Of March and also the first
quarter OF 1893. make the best report
.,Aat has been possible for five years. 1t
Interesting 10 note that nearly all
branches 0. business show surprising
movement. Meanwhile banks nrc ex-
tremcly cautious. and commercial loans
sa'e 6nt 10 per cent OF their aggregate.
me belief that, quick expansion IN all
branches would follow greater LIBERAL
ity and patriotism by banks. "a not
wholly unfounded. and, the heavy re-
SGipts OF gold from Europe counts for
NILE. compared with the greater or
"ss !ib.ralltr In loans by banks.
Disturbance does not yet appear, how
ever. and failures FOR the week have
nHen 232 In the United States. against
~ last year. and th!rty-two In Canadl.
'Ealnst thlrtyrS!% Inst year.