The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-08-25
INTENSE H.El:AlT. II

Has Been a Drawback in Du5lness
During the Weels-No Backward
Movement, Although the Sky is
not cloudlcss-crop Adyices Con-
tinue Cheerful.
NEW YORK, Aug. 24.-R. G. Dun &
company's weekly review OF trade will
say: q
The sky is not cloudlcss. but there has
been no backward movement OF busi-
ness this week.
The chief drawback OF the week has
been the intense heat in some sections
of the west, which was more effective
in retarding business than the lower
temperature east was in stimulating IL.
Crop ahvices continue as cheerful as at
any time lately. and the labor situation
shows no important chal.s IS In working
forces. Prices are steady, but there is
talk OF decline, perhaps 500 per ton,
In steel rails shortly to a basis at which
1t is believed the railroads will be WILL
Ing to place orders for the ensuing
years supplies.
Good News From Iron Centers.
More good news comes from the great
iron centers. were bridge and boat
builders and makers OF agricultural i'm
plements. stoves and cast iron; pipe are
all eager to secure raw or partially fln-
lshed material Prices are sustained
and In a few cases move upwards. Iron
generally is more solid and better bal
anccd market than for two months past.
Reduction in output OF pig is having the
desired effect at most northern points,
though at the south stocks are still
heavy. and complaint is heard OF pro-
hIbitive freight rates to the seaboard.
LaEge export buslpasssis ting apd
foreign buying Diminished material con-
tinucs large. *
+ Production OF coke has been reduced
to 14s.9SO tons weekly in the Connells-
Vile region. Another sharp decline. has
taken the price OF tin to SOMc, but cop
per is firm.
Wheat declined still further on Satur-.
day, touching the lowest price since
early June and making the fall 15%c
from the. top point OF the season about
two months ago.
Vigorous marketing by farmers shows
their willingness to sell at current
prices. receipts at primary markets DUR
ing three amounting TO Is. .9o9 $50 BUSH
els again 10.G3s,05 last year. Daily fig
ures OF exports continue light although
there is much talk of purchases for for
eign account. Prices recovered from
the lowest point, traders on short side
taking profits freely. Corn is steady,
but q drop last year makes the present
price only four cents above that OF 1899.
Sales OF wool ut the three chief eastern
markets have increased TO 5.Os2, 800
pounds against 1921 800 in the week pre-
vious.
Texas Wool Active.
Texas wool was active In Boston md
territory grades are all firmly held,
though prices are nomlnaily unchanged.
There Is no pressure to sell. some deal
ers shipping east with definite instruc-
tions to hold until after election.
Factories are still working only par,
time in the eastern boot and shoe dis
tricts and 1t is evident that earlier est-
mates OF accumulated stocks were too
small. There is more activity In tho
hide market and prices are sustained
by strong foreign quotations, there be-
Ing activity in Chicago by California
tanners and government purchasers for
harness.
Failures for the week were Ill in the
United stntes against 16s last year and
20 In Canada against 16 last year.