Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-01-29
DUN'S REVIEW OF TRADE.

NEW YORK. January 2S.-R. G. Dun &
Co.'S weekly review of trade will say to-
morrow:
The first month of the new year has
brought rather more increase in business
but less Improvement in prices than was
expected; exp With payments through clear
1882, and probably the largest known in
any month, with railroad earnings ILL.,
per cent larger than the best of past
years the fact that prices are very low
only SHOWS more clearly the increase in
quantity OF products sold. Nor is there
any disposition to refuse orders even at
present prices; indeed the competition of
manufacturers seeking orders alone pre-
vents rise. Most of them have all they
can manage, many working night and
day, and one great steel concern working
on Sunday. but the works not yet filled
with orders are seeking contracts at as
low prices as have ever been made indi-
eating that even those are not entirely
Improbable. The settlement of wages on
ten per cent advance April | for 200, coo
coal miners of the central region, with
other changes. will tend toward a larger
demand for products of all kinds, though
also toward some increase in cost of man
ufacture.
Wheat has been conspicuous. rising sc
for the week. with SIC for May options
Western receipts have been 10,C09 053 bush
els in four weeks. against 6,04512 last
year: but Atlantic exports have been r.
9 1oS 0S2 bushels in four weeks against. =
1O3, 764 last year and Pacific exports with
out Tacoma, for the week. 4.G15,5S3 bush
els against 3,454995 last year. So heavy
an outgo with wheat over one dollar per
buShel and with corn exports for the four
weeks equally the extraordinary move
ment of last year. discloses the strength
of foreign demand even better than cur
rent accounts of disappointing shipments
from Argentina and poor prospects in
Russia. Cotton has risen sixteenth,
notwithstanding the strikes in eastern
of JOB per cent in British exports Of cot
ton goods last year. Receipts still run
so far beyond those following the largest
crop on record that estimates once deem
ed extravagant are commonly accepted.
The cotton manufacture is in more diff
Guilty than any other, not merely because
prices do not much improve, nor as yet
the demand for goods though both are
helped by the closing of many mills, but
largely because the manufacturers and
workers have considered too little the
rpaidly growing production of the south.
The wooden manufacture is doing well.
fine worsted goods having opened at an
advance Of 20 per cent over last year and
Wool a eTen cur aFe h Prices o wheR
implies great confidence in the future.
presumably based on larger orders than
are publicly reported. Such purchases of
wool have been frequent Of late even by
mills supposed to be supplied far ahead,
and one Providence mill appears to have
taken 250,000 pounds of worsted wool at
Wheeling this week. Sales al three of the
chief markets have been $3.50 100 pounds,
and for four weeks 80 421, 90. Of which 21.-
1851 120 were domestic, against 3654l.6O0 last
year. of which % .397 zoo We're domestic.
The iron manufacture is getting larger
orders for finished products. which
crowd many works almost beyond their
capacity. although some orders are still
in the market and keeping prices down.
Pig iron is steady, except that Bessemer
at Pittsburg is 10 cents lower the output
last year being officially reported as g.
co. $50 tons. and the consumption in this
country unsold stocks considered $685. 383
tons against 9.601. 504 tons in the largest
i,.l1 =
1872 tons in 1892
Failures for the week have been $40 in
the United States, against 1891 last year;
and 81 in Canada, against 81 last yea