Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-07-30

hreer han "a 1885. But these rec
ords ana others 6xa to Be Judged In
the light Of heavy decline in prices
since 1882, SO that the Volume Of busl-
ness transacted is about 20 per cent
larger than the volume OF payments In
d1cates. Il !
Considering that the purchases Of
nearly half the people depend on the
success OF agriculture, and that the
prosperity of the entire transporting
interest is materially affected by the
size OF crops to be moved, it may be
said, with reason, that the promise
OF general prosperity this year 10 I'M
usually bright. Wheat receipts for
the year thus far have been 7,3o9. 1888
bushels, against 10,652,07 last year,
put prices have declined 111ac, and
the farmers are holding back their
wheat in the hope of higher prices.
Inc exports for the week have been
I,5Ut,ol5 bushels from Atlantic ports.
nour included, against 1.71s.73S bush
els last year, and from Atlantic ports
IN, III bushels, against 20, 291 bushels
fast year, making for the month S.s33-
~ bushels, against 7.342.467 bushels
ldst year. Corn has a little advance in
prices, owing to reports of injury to
tne crop, and also because exports for
the month thus far have been singu-
aTly Wen maintained, amounting to
., ''So5 bushels, against S.OO9 SIG
oushels last year. Wheat, on the con-
.ldry mas dropped about 9hc. with
prospect CT further declines.
Inc prospect for cotton is eenera,Iv
good, although TOO much rain is renort
ed in some southwestern States Tha
manufacture is a little encouraged h,,
oet.er demand, though prices did not
improve. The effort to curtail produc-
ZION at Fall River has been checked
py the refusal Of mills at other points
10 cooperate. The sales of wool show
a remarkable increase In large trans
ACTIONS for which no prices are named
TOUR being quoted at Boston covering
Z6Vo,0e0 pounds, and the aggregate AT
the Ihree chief markets has been =
O5f $40, pounds for the week and for
four weeks 1913, 200 pounds. of which
Il, oil 400 were domestic against 40
Vl9,200 last year, of which 21.53S, 500
were domestic and 32,6S9,950 in 1892.
OF which 21,44s,9s0 were domestic. The
demand for goods IS rather better.
The official report Of iron produc-
ton for the first half of 1898 shows an
increase of over half a million tons
compared with any previous half year.
and what is far more important. the
consumption in manufacturers appears
fof the half to have exceeded the our.
put. Estimating the exports for June
only five months having been officially
reported, the consumption has been
594S, 345 tons against 5,909,7C3 produc-
ed, averaging 991 391 tons monthly
against 9S4950 tons produced. 1t is
well to remember that in June when
production declined because of stop
page for repairs. the decrease in IN
sold stocks was 4,216 tons weekly The
orders received are surprisingly large
for the season, covering 5000 tons at
New York for rails and 10000 pending
for Russia and 5000 for Japan with
10000 taken at Chicago, and a note
worthy demand for structural forms at
Philadelphia and increasing for bars,
with enough to keep the plate mills
busy for a long time. a larger demand
for bars at Chicago, including one or
der for 5000 tons implement stuff, and
an excellent structural demand and the
heaviest demand for plates ever known
at Pittsburg. Sales of Bessemer iron
have been heavy, reaching 25,OC0 tons
at Pittsburg, without change in prices.
Failures for the week have been 225
in the United States against 236 last
year and 26 in Canada against % last
year.