The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-07-22
EVIDENCES OF PRLSPERITY

Continue Convincing = Ullel4l ne
turnsof the Afost wOndcfIal Year in
the Nations Commerce EycFythlng
Booming.
NEW YORK July 2l.-R g. Dun &
Co.'s weekly review Of traIa tomorrow
win say:
All the general evidences q prosper
ity continue convincing. failures are
the smallest ever known Tor the sea-
son. railroad earnings thc largest and
solvent payments through clearing
houses in July have been 90 per cent
larger than last year. ana elS PER cent
larger than in 1899. the best o. previous
years.
omcial returns OF the most wonderful
year in the nations commerce show a
decrease OF Ss5,s00.000 In value q the
great staples exported, largely owing TO
prices, but an increase Of about 80, ,0OO,-
900 In other exports, mostly npanufae-
lures.
Fear OF deficient crops hal been bur-
led under western receipts from farmR
amounting to 1851. .046 bushels Of wheat
for the month thus far. against 0,595, Jos
last year. and Il, ,29S, ,655 bushels of corn.
against 6.612,3l5 last year. Exports OF
wheat, Atlantic and Pacific have been
7,7Oo, 1893 bushels during hemDnth thus
far, against 7.3s9,26s last year, and OF
corn e.O9S,0ii, against 6olI,Sil last
year. Prices declined sharply with as
surance OF ample supplles wheat three
cents and corn two and one-fOurth,
which is the more Significant "a view Of
the previous heavy exports % both.
Pig iron has not advanced this week,
but mainly finished products, steel
rails TO $40 at Pittsburgh. blllets TO $S4;
sheet bars to $3.50; sheets to three
cents at Pittsburgh. and cut and wire
nails both IS per keg. The American
Tin Plate Company settled With Its
hands by granting 10 per cent more
wages and raised the price Of plates
fifty cents per box. Still demands do
not abate. though works have 70 refuse
many orders In plates, one large or
der for shipment TO the clyde was re.
ceiYed; in bars less urgency Of demand
appears at the east. but IN sheets works
are about filled for the year and In
structural shapes. besides $500 tons for
bridges and LOO for buIldingH At Chica-
60, proposal Is reported for 1900 tons
to build a palace for the MilIado Of ia
pan.
Coke is unchanged In price and likely
to break the record for production this
month. Tin is lifted to 40 cents by
wild speculation at London. copper Is
firm at eighteen and one-half cents and
lead Is said to be sold by thu smelling
company below 4.6O cents, the quoted
price.
Wool is stIll advancing. Coates Bros
circular Of the 18th showing a rise of
2.19 cents since May Is. speculation be-
ing particularly active IN fine wool be-
cause II Is rising abroad. though in less
demand for manufacture here than
combing and medium grades. At the
three markets, 35,s56,i0o pounds have
been sold In three Weeln. against
200 in the same weeks Of 1897 be-
fore the present tariff was enacted.
Manufacturers do not appear to be
buying largely. though the demand for
goods II better and has caused an ad-
vance in clays and some other kinds.
Cotton goods are unchanged but fairly
strong.
Leather Is in good demand and
slightly higher and hides at Chicago
rises slightly with limited receipts.
Failures for the week have been l45
in the United States. against 20I last
year and % In Canada, against II last
year.