Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-07-28
DUN'S REVIEW OF TRADE.

NEW YORK, July PR. G.. Dun &
Company's Weekly Review of Trade to-
morrow will say:
Speculative activity in raw materials
is not present to discourage new bust
ness. Producers and consumers are
getting together in more than one di-
rection, although midsummer inactiv-
ity is emphasized by disturbed foreign
relations and hesitation always attend
ing a national political campaign. False
starts are to be feared, but the danger
Gus optimism of last autumn is lack
ing, and new business is at lower
prices. A stop to decline in wool
brought many manufacturers in the
market asking terms Good sales of
California and territory woods were
made to mills and the trade expects
larger purchases TO follow the opening
of spring goods by the American
Wooden Company next week. Holders
who have had difficulty in storing were
the chief sellers. Sellers of wool at
the three chief markets were only
4,337 500 pounds, against 10,773,500 last
year. Cotton improved slightly and
more business occurred in cotton
goods. A reduction from to sac in
Hope 4-4 bleached cottons closed out
the entire stock in As hours, prices then
being restored. Similarly in iron the
depression in which has resulted in
nd In .nfh ind ri
the tone is better; and in the Pittsburg
district the mills have booked a line
of fair orders in bars and plates.
Structural apd bridge materials are
better taken. The refusal of the Am
algamated Association to allow
change in the wage scale adopted in
May, has led to strikes at numerous
bar mills, and the Republic Company
is to dismantle some plants to secure
concentration, but the non-union ca
pacity will prevent serious scarcity.
Further business in bars shows that
agricultural implement makers are
more active. Grey forge has fallen to
SIS at Pittsburg, and Bessemer steel
billets sold at $40. With the uncer-
tainty of the conference of steel COM
panies at Chicago, removed, buyers may
proceed with less anxiety. Export or
ders advanced electrolytic copper from
1914 to 1880 in large lots.
Jobbers in boots and shoes are de-
handing prompt delivery on old or
ders but new business in scarce. Fur
ther delay in fall and winter orders
will entail reduction of forces at fac
tories Manufacturers are taking
leather only for immediate needs, but
sole is more active, and a large sale
for betting at moderate concession is
reported. Packer hides sell freely at
Chicago at the recently reduced price.
1t was not surprising that wheat de-
clined still further this week, for the
price had been held far above the quo
tation ruling at this date in 1899 and
crop conditions are so generally sat
isfactOry as. to assure an abundance
for all home requirements and the
usual amount for export High prices
have curtailed foreign buying to some
extent and in four weeks Atlantic ex-
ports of wheat, including -four, have
been only 1855. 436 bushels, against
$3.50, 431 last year. The shipments OF
corn make more satisfactory compar-
ison in four weeks amounting to H.
100. 4S5 bushels, against 11,SS1.479
year ago.
Failures for the week were 231 In
the United States, Against 151 last
year. and IS In Cap4da, against 20 last
year.