The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-03-31
BETTER THINGS
ARE PROMISED
BY DUN'S REVIEW.
Advance In Stocks Seems Vigorous.
Iron Grows Weaker, Except
Bessemer Pig.
WHEAT EXPORTS FALL SHORT.
Demand for Cotton Goods Fair for
Immediate Needs = Wool De-
Ulines a Cent on Average.

NEW YORK, March COR. G. Dan
& Co.'S weekly review Of trade to-mor-
row Will say:
Progress toward better things has
been unmistakable II was year ago
that the frenEled speculation in indus
trial stocks reached It's elimination,
withprices averaging higher than ut any
time since, while railroad stocks, after
some decline, rose $1.ls per share higher
in September, and after the fall in both,
which ended In December, have now
risen IS Sc per share to the highest
point OF this year. The advance during
the past week has been remarkably Wig
orous. and with more public support
than before.
Wheat exports fall far below last
years, amounting In four weeks to
9766,ssl bushels, against l4.lO5. $50 bushs
els last year. The price has advanced
2h cents, with statements that the crop
OF France is greatly reduced, though II
is rather early to make any such estl-
mate. The exports OF corn again prove
the magnitude OF foreign demand for
cereals. as the extraordinary movement
OF last year is closely approached. In
four weeks 11.7s4,S75 bushels have gone
abrold,' against 1S.1O2.sl1 bushels last
year, The western receipts are nearly
three times as large as in the same
week last year, indicating an abundant
supply on hand, but the price has risen
IL cents.
Cotton has declined 4 cent this week,
but supplies are so small and easily
controlled that the future can not well
be predicted. Foreign needs to continue
consumption until the end of the crop
year are not now large. but must be
supplied from the decreasing stocks
here.
The demand for cotton goods is fair
for immediate needs. but the tone Is
weaker for future deliveries. and some
re-sales by spectators and cOnverters
have been made at concessions. The
April demand for heavy brown goods In
slow and print cloths have been held
at FAN River for several weeks without
a sale.
Wool has declined fully cent on the
average of revised quotations. and
more for fleece and fine or fine medium
territory, which sells at rs cents clean.
with medium clothing at so cents. The
goods market is quiet, and orders are
limited. and outside the favorltes prices
are irregular. with per cent decline in
some medium woolens and fine
worsteds.
Iron is growing weaker, except in
Bessemer pig. which is held at S24 80 at
Pittsburgh, in spite OF small sales Of
eastern at lower figures. Anthracite
No. ! has sold little above $23 and ba-
sic at $22 so. with eastern forge offered
at $40 so at Pittsburgh. In finished
products no further change appears,
except in refined bars which sell in
large orders close to two cents at Phil
adelphia, and In plates which are SELL
ing at two cents or less at both mar
kets. Better prices are expected from
the consolidation In sheets, But 1t will
not be easy, or in the end profitable to
hold prices after supplies so far exceed
demand that material can be bought
at lower cost. The advance Of ! cent
in hemlock sole leather has held to some
heavy transactions. though in fact but
a restoration Of prices paid In January.
II restricts orders for boots and shoes,
which are small. nlthouEh shipments
continue about per cent larger than
last year for March. exceeding those OF
other years still more. Hides at Chi
cago continue to decline, though slowly.
Transactions through clearing houses
show much smaller volume Of busi-
ness than year ago. the daily average
for March being 14.s per cent smaller
than last year. but 34.4 per cent larger
than In 1898.
Failures for the week have been 2O5
in the United States, against i9i last
year, and So in Canada against 26 last
year.