The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-06-25
TREND OF TRADE: .1lll !: !.

Little or New Buiine.s Caused by War
and None Prersntod-The Worlds Mar
ksts at our Co ommsnd-Indu,triss
Thriving. = !! 3 -, u. f3isi
NEW YORK, June AR. G. Dun q
/ Co.'S weekly review OF trade viii say, IN
to-morrow's issue: E: 3
Very little Of the new business seen.
IN proportion to the aggregate, has been
caused by the war Not any, discover
able, by ordinary tests, has been prevent
ed by, war. Neither has the collapse OF
the wheat speculation caused the ex-jy
pected decrease of shipments. for: ex-
ports continue remarkably large. Gold
comes or does not come as we want 1t,
the worlds markets being evidently at
our command. An Offering OF bonds by,
the government brings out at the start
bids for more than three times the
amount offered, while the popular sub,
scriptlon already for three-quarters of
the amount exhibits in strong light the
confidence OF the people.
\; Wheat ceased 70 fail and begins TO
rise In price because foreign needs are
not yet satisfied. Atlantic exports for
the week were. -four included, 3,246, EOS
bushels. against 1,445.9i7 last year and
Pacific exports 81. .153 against! 81, ,0S9 last
year, and the demand Is nottof a specu-'
lative character. The worlds need OF
grain Is greater than ever, and 2l3, ST.
567 bushels OF wheat and < 2o7, ,3l7,4S3
bushels OF corn have gone abroad AL;
ready with week to spare. far more
than was ever before exported IN one
year. After failing, to so cents for cash
and Tx cents for July, wheat rose to 50
cents for cash and 70 cents for July with
foreign demand. Corn was steady with
out much fuctuation, exports being -
STATES bushels for the week, against l.
6s0. 922 last year. OF other grain. eS-
ports have been unusually heavy.
The Industries at the season when
stoppages are to be expected maintain
production surprisingly, There are
very few Interruptions on account Of
labor and wage scales for the coming
year have nearly all been amlcably set
tiled. The iron industry Is very dull at
the east, with complaint that prices do
. - /
the works are getting more business
constantly and are even competing 50
sharply that prices are slightly lower for
bars, cut nails, steel rails and grey
forge, while snHthern iron Is also offered
lower there than at the, east. The euor.
NOUS demand from AGRICULTURAL regions
for implements, fencing, cars, railway
equipment and oil sorts Of building Is
the noteworthy feature OF this remark
able year. Minor metals are fairly,
steadylwith tin at 49, cents. Lake
copper. at LIE cents. with q, AZ tons
produced In the United States and 6,IS6
abroad in May and lead Is stronger. a {
3,s5 cents with only moderate transac-
tlons. s3' n ~ 81
Wool is stronger, a shade 100 QUOTA
ttons by Coates Bros. averaging 1879
cents against 1854 cents juno ! : but be-
cause of western demands, which are
relatively = cents above prices which.
manu- facturers will pay. excepting to fiji
Immediate orders. As the future of the
tradesis In doubt, though with more
hopeful prospects, sales OF wool stare
been In three weeks only Il, COS, ,s06
pounds at the three Schiet markets,
against 1885, 100 In the same 5weeks last,
,yenriand 23.I2s, 200 In the same weeks 5ot
1892. y
5il.i Cotton has Weakened three. c.six,cenths
wit 4 excellent crop prospects, butsa
larger demand fnr goods Is seen, though,
not as yet enou Sh TO cause any advance
In prices. Reports OF distribution are
generally }encouraEing.s y
~ Failures for the, week have been 2S55 IN
the United States. a against 2ls las { year
and;1l in Canada against q last year.