The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-11-04
CONDITION
OF COUNTRY'S
BUSINESS.
slight Decline In Wheat and Corn
Does Not Seem to Hinder the
Export Of Either,
ENORMOUS SALES OF WOOL
At Boston and Other Points Extreme.
ly TmpOytant-Pricss for Pig Iron
Advantageous Features.

NEW YORK. Nov. S.-R. @. Dun q
company's weekly review Of trade will
say tomorrow: A little decline Of 10
in wheat and 1hc in corn does not hin-
der exports, though 1t is some evidence
that growers think they have ample
supplies. Atlantic exports OF wheat for
ave weeks have been, fiour included,
l5Gss,590 bushels, against 1S,ls2,Ssl last
year. and Pacific exports s,7is,651
against S,st7,l3l last year. Western re-
6eipts Of wheat have continued heavy
but have not rivalled last years extra.
ordinary outpouring, amounting to only
35.95S.0s7 bushels in Ave weeks, against
40, ,e4O, ,7s1 last year, but western corn rec
celpts run ahead OF last years. In tho
same weeks, and the exports have been
1s,e4s,el4 bushels, against 1l,65S,15S last
year.
Big Wool Sales.
The enormous sales Of wool at Bos-
ton, 2l,557,5OO pounds reported, making
25, ,SSs,7OO at the three chief markets for
the week. are extremely important
That not ali are for consumption. as
the trade 10 naturally tempted TO be-
lleve, may be true. and yet actual pur-
chases by the mills OF half that quan-
tity would imply extraordinary encour-
agement respecting the demand for
wooden goods. The prices have been
generally advanced to an average
scarcely below that OF May, 1ss2. and
for Ohio washed, light and dark un-
washed, and pulled wool slightly high
err. Expectation Of higher prices at
London prompt much speculative buy
ing, but the demand for wOOlen goodg
is ialso undeniably encouraging. The
cotton manufacture has also great de-
mand, with prices constantly rising, 80
that with middllng uplands at 7.5s
cents goods are relatively nearer In
price than they have been since octo-
ber 1st, but whether both win advance
much further depends upon the cor
rectness Of current estimates OF the
forthcoming crop.
Iron and Steel.
Prices of pig iron for early deliveries
are stIll advancing. but a. sEeat-part
Of the demand has protected itself by
contracts running far into next year,
including purchases Of $4,000 tons Besse-
mer this week at 32s 80 and as blllets
oro nuoted nj $40 so for spot but $S5 for
next year, the market can be lnterpret-
ed several ways. Anthracite pig Is also
quoted at S24 50 for early delivery. and
local coke at Chicago. But no finished
products have advanced during the'
past week excepting refined bars,which
the eastern associations has put up 81
per ton. More weakness appears In
some lines. OF which the works have
not orders running far ahead. But It
is claimed that 100000 tons OF rails. 50
per cent Of the entire capacity has been
sold for next year. Tin is weaker at
sOh cents and lake copper at II cents,
while spelter IS offered at 4s5 cents. :
Boots and Shoes,
Dealers are refusing to pay the high
er prices asked by manufacturers OF
boots and shoes to such an extent that
future orders are somewhat restricted.
Yet the october shipments we're 47S7ss
cases against ll5,25S last year, an in
crease OF IL per cent and ss5sS9 In the
same week Of 1892. an increase Of near.
ly 80 per cent. Considerable Irregular
ity appears in the relations between de-
mand and supply With rather more
general hesltancy in buying on the part
Of dealers in wOmen's goods. Hides
and leather remain strOng,packers hav-
Ing somewhat advanced prices at CHI
cago, their supplies being sold four to
six weeks ahead.