The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-10-01
TRENpOF TRADE.
Smaller Failurss In any oFaer for
Hsnrs-ChanEOS ali for tire ~ l-fhe
Industriss in Excellent shape
.,.-yrr .YoTTp ey..A a o. - 4 Ialttr. a.

Smaller FaiIursa In any orer for
Ysnrs-ChanEoS ali for the ~ F-the
Industries In Excellent shape
NEW YORK, sept. So.-R- 6 Dun &
Co, in their weekly review q g aei VIM
cay:
Failures In September hate been
about S67O00 0oO, and for thequSi about
s22,s75,OOO No report covering exact
month or quarter is possible D week
for q Journal which must 90 g grPqB on
Friday the 3Oth, but the returfs ipdi-
cate smaller aggregate pl alnres
than In any other month in man pafs,
except in August OF this Esltl qnd
smaller for the quarter than n ~ oih-
er quarter since 1892. In fgcti xeept-
ing one quarter in that year, ~ otaer
appears to have shown 4na a9'-
gregate unless more chan ten ge 81.
when the volume Of sclveat laiua9s
was. very much smaller than poy.
Evidently the complete Return . pc
given next week viii SHOW y ene
state OF business Is IN that resp v more
satisfactory thRu It has ever % pn-
less In one quarter OF 1892.
Changes are all for the bettefi 1cept-
ing the fall of cotton TO The lowest
point for nifty years, and even he l9W-
est prices OF 1913, considering 81 Ference
Of qualities, were perhaps rot lover
than prices this week.If there ere not
on hand commercial and mill stocks un-
usually large, or II manutaetns we're
more successful early recovery might
seem probable, but the hesvy Mii in
material has affected the demand Tor
goods, causing buyers to expeet SIN
lower prices for them, olth0ugl, atter
the decline last week goods nov aver
age lower than ever before. w oiie the
stagnatlon in wool continues With Eales
even smaller than In the same month OF
the panic year, 1893, IlumeF0ill mills
have started temporarily u lar TO
get out sample pieces, There J aiheen
no uuOtable decline In wool and scarce
~ any in goods, the recent reduction
having stimulated a larger dlmana
The demand for boots and uhoes
seems a little better and record ship
ments have been larger than Ia siptem-
Der Of any year previous except ne last
and larger than IN any other yea from
January / to date. In the ininol metals
slight weakness in tin and lead does not
indicate smaller consumpdon, while
copper Is strong at twelve and one
fourth cents for lake. and speiisf going
at 4.S2ts. Nickel Is higher at thirty i've
to thirty-eight cents, and tin plates un-
changed in spite Of the Enormous In
crease In production, though the desire
to push smaller works into the eongoil-
dalton which now commands 1if millfls
said to threaten temporary decline.
with pig iron Arm everywhere I'm
spite of the extraordinary output ana
Bessemer held at $40 10 at Piti5purgh,
while valley producers report $4,000
tons sold for delivery before June next,
the consumption Is evidently growing.
The weeks reported contracts inelude
one for 1900 tons Of pipe from blHlc
steel by the Standard on Comp u ma
terial for 1000 cars ordered ~ the
Pennsylvania, structural work for many
ordinary and two large buildinSg and
heavy orders for plates partly fbf two
lake vessels and partly for eastern ship
Yards. which have larger buAiuO1n than
ever. The demand for iron bats owing
20 increased use of steel Is ID louAa
quarters below expectations and chip
mentg are less active at Pit,16ufgh. !
though the mills are full Of Ordortl Ran
producers are negotiating new eoH-
pact and the usual eastern prize l3 4
said 10 be shaded In some QdaftoFa,
while Il Is pending. But car, l0colno-
tive, bridge and structural work q ex-
ceedlngig heavy. and th6re are no Sighs
of decrease in the demand
Wheat rose 2ike, but on Thuplday DE-
cllned sharply closing two centa lower
for the week notwithstanding very
heavy exports amounting for che week
to 4.gii,O22 bushels. against 5,0s3i1l last
year and for four weeks to t5.Qll.ot3
bushels, against 20, 66i, ,3l5 last year, flotr
Included. The usual babel OF guel1arl
does not change the belief that the crop
will be the largest ever grown and
while farmers throughout the Well are
holding back grain largely because %
the low prices. the western receipts are
now running above even the extftbrdi.
nary movement a yenr ago, both for the
week and month. Corn r. a fraction loUf-
er with some decrease In export de-
mAnd, though the recent shlpulenta
would have been considered heavy n
any year until the last and can hardly
be continued long,
Failures for the week have been is
In .thd United States, against igl last
yfar and II in Canada, against q lhSl