The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-11-18
WEEKLY REVIEW OF TRADE.
shrinkage In Demand for Iron and
steel-Pig Iron UnChanged-ereat
Demand for Cars.

Steel-Ptg Iron Unohanged-9reat
Demand for Cars.
NEW YORK, Now. 17-R. G. Dun &
Co.'s Weekly Review OF Trade will say
tomorrow:
The signs OF shrinkage in the new de-
mand for iron and steal products be-
comes more clear, md while prlces .0G
pig are maintained without change and
bIllets are quoted lower, only because
premiums for earlier deliveries are no
longer paid, plates are quoted lower at
the east, with some small mills selling at
25 cents at Pittsburgh, and sheets are
sold by some works at $S 10 81 less than
the regular price. The strength of bars
at the west is largely due to the great
demand for cars, OF which It is said that
one thousand per day are ordered, but at
the east prices are a shade lower, A
new demand docs not make up for the
rapid completion Of old orders in some
lines, SO that competition Of works
weakens prices. In minor metals the
collapse OF London speculation depreSs-
ed tin to 26 cents on Wednesday here,
but subsequently an advance OF el per
ton in the foreign market brought the
New York price up to S2S A sale OF
copper by the Calumet and Hecla, said
to be OF 20,00O,0OO pounds, lowered the
price to l7c. Spelter 10 weak at "a IS,
with lead and tin plates unchanged.
Shipments OF boots and shoes fell Off
and yet arc larger than In any pervious
year for the first two weeks Of Novem-
ber--lsS,2S1 cases against l6S,769 In 1887,
and 1882 in 1885,, and less In all other
years. Advances asked especially since
the recent rise In leather. have prevent
cd much buying, though many works
still have business ahead for some time.
Sales Of Wool Heavy.
Textile manufactures are doing well,
though in woolens the speculation in
material threatens to cause some embar-
rassment. Sales of wool were again
heavy, 2l,6I2,Sll pounds at the three
chief markets, making In two weeks A.
S23,Sll pounds against lLlSIlOO pounds
last year, when the mills were well em-
ployed Clearly a large share Of the
transactions has been for speculation,
hut the mills have been buying also, es-
pcclnlly those recently started after long
ldleness. Prices are a shade stronger
for fine washed eastern fleece, and for
fine and medium delalne, so that the en-
tire list averages about an eighth OF a
cent higher. worsted goods are in
good demand and have been advanced In
price with some nannels. Carpets also
have been active. with prices advanced .
per cent for the season. Cotton goods
continue to advance with strong de-
mand and with belief in short crop, so
that some have been for the time entire
Iy withdrawn from the market by the
mills, while bleached were advanced to
the highest quotations for four years,
CONFLICTING estimates still make the
cotton market excited. but after falling
nm eighth the price has recovered ak
trenth. Tho Increased sales by planters
and shlpmentB from plantations appear
10 have more influence than short crop
estimates, though from high authorities.
Wheat declined fraction, but fully re-
covered, although Atlantic exports were
only 2S76.65l bushels, -four included,
nEoinPt 3.9gS.76S for the same week last
year, and Pacific exports f2o, az bushels,
nEalnst 1855 ,0SS last year. The course
OF tho market II the more noteworthy
because western receipts arc much re-
duccd, being only b,S9i,S61 bushels
against iO,s57,3ll last year Corn de-
cilned fraction with heavier exports
than last year md smaller receipts.
Failures for the week were 2l9 ~ thc
United Stntns against 22S last year and
20 in Canada against 2s last year