The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-02-26

NEW YORK. Feb. 25.--R G. Dun 8
Co.'S weekly review OF trade will say In
its issue OF Tomorrow;
Foreign possibilities have much affect
ed speculation and caused hesitation In
some large business operations, possl-
bly, accounting in part for a check In the
rapid advance OF f5wheat, but Industrial
production continues larger than ever.
a few more works being added TO the
active list, with q decrease in the num-
Der OF hands on strike. and renewed evil
deree that the volume OF business is
larger than in February OF any pres
vious year. Nor Is there any. symptom
( of o serseleSs craze Dnsed on rlaing
prices. The Legitimate export and do
nestle demand presses closer to the ca
paclty OF works. and though there Is no
.ilighty advance In any line, and all nar-
rowness of profit Is O matter OF COM
plaint, new business for this dull senson
is unprecedented.
Wheat continued Its progress upward
until 81 oS.75 was reached on Monday.
but declined a4c later. as II there were
fears that Spain would somehow stop
British vessels from taking wheat across
the water. Any yielding based on for
elgS possibilities deserves little notice,
but the price has advanced about 10
cents since Chicago spectators last
took occasion to shake Off week follow
ers, and the opportunity for reaction
Nyas inviting. There is no abating OF
foreign demand. Atlantic exports were
l,96S,slt bushels. -four included, for the
week, against ] ,3.6, 6,44i last year. and Pa
cinc exports 1876, ,3T6. against 1856, ,464 last
year, and in view OF current excitement
these figures are more Important than
the aggregate for four weeks, 1896 ,9l2,
against 6.5SS, ,4l5 hast year from Atlantic
ports ard 4,053,02S against 1,611, GAG from
Pacific ports. Corn exports for the
week were 1i.5 per cent. less than last
year, but the cash price declined but
slightly. The spot price Of cotton was
not affected.
It Is not the season for much i'm
provement In textile manufacture, but
the cotton branch has gained by the;
closing OF the strike in one Fall River
mill and by the addition of come works
at the south. The woolen manufacture,
meets many cancellations, especially In
goods sold early; without definite price.
but Is doing more than ever at this sea-
son. though new business in the higher
grades OF worsteds and woolens is not
particularly encouraging. Sales OF wool
are slow with weakness In II clothing
amounting 10 two cents decline from the
highest point. indicating that mills have
at present abundant stocks, but some
are ceiling foreign wool in order to take
supplies OF other qualities. In goods of
medium and low grades the demand
continues large. The silk manufac-
ture shows remarkable Increase dur.
Ing the last six months, having import
ed raw material far In eXcees of con-
sumption in any previous year and at a
rate OF 1a0 per cent. above the imports
In the last census year.
The iron manufacture has more de-
mand for products and Slightly better
price for Bessemer pig; which has
advanced TO 5000 at Pittsburgh. with
grey forge unchanged there, local coke
strong at Chicago In spite OF some
southern weakness, and eastern anthra-
cite really unchanged though quotations :
are shade lower. No finished prod
uc:s have changed in price and all are Z
strong in demand, excepting bar, which
n combination has failed TO advance.
Some large contracts are reported, es-
peclally in car and bridge building. ship
and structural iron work, and the de-
mand for sheets Is heavy Minor met
ais change but little. tin weakening q
shade to 1ic. with large receipts.
Failures for the week have been 23S
In the United States. against 296 last
year, and 80 in Canada, against 80 last
year. as 1919 ti. ,!.-l25l.