Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-06-15
DUN'S REVIEW OF TRADE.

NEW YORK. June 14.--R. G. Dunn &
Co.'S Weekly Review of Trade to-mor-
row will say:
Confirmation by the agricultural bu-
reau of recent private estimates of the
wheat crop has given to business
tone of greater confluence. Retail oper-
ations both east and west are larger,
and distribution of merchandise by the
wholesale trade is increasing in dry
goods and boots and shoes. The labor
situation is generally mending, with
the appreciation of the fact. that in
some directions manufacturers would
be gland of temporary shut down of
| works.
Pig iron production on June 1st at
the rate 1905 tons weekly, accord
ing to statistics compiled by the Iron
Age. This Is about the anticipated in
crease for May and establishes new
high water mark, exceeding the pre-
vious record of 1880 tons. An inter-
esting feature of the situation is the de-
| crease of furnaces in blast to 90
which is A less than were actively en-
ployed February /, 1860. when tbs
weekly output was 290014 tons. AL
| tiAChSA h0N OAQSlS IOi Rl1 tlOH IdNc
| been light in recent weeks, actual de-
| liveries on old contracts must have
| reached heavy total, for furnace
stocks June LIST. were but 407. 723 tons.
a decrease of 30,565 tons during May
Conditions in this industry must be
satisfactory if material is taken faster
than it can be produced, notwithstand-
| ing new record of output each month.
Prices are easier Bessmer pig showing
a loss of about SO ton, compared with
the quotation in February last year.
when the production was near present
figures. This absence of imitation in
prices is the best symptom in the mar
ket, and precludes the possibility of a
collapse like last year. In finished pro-
ducts there is great activity, owing TO
| the large amount of goods To be deliv-
cred July 1st There is noted espec-
ial urgency for immediate shipment by
consumers of pIates bars and structur-
al shapes. the activity in building oper-
ations showing no diminuition
| Seasonable weather has somewhat
aroused the dry goods market There
is not yet such activity that dealers are
overwhelmed, but the various divisions
of manufacturers are fairly occupied
and heavy supplies of print cloths at
| Fall River have decreased. Lower
| quotations recently established had a
| helpful effect, but the temper was more
| potent for good. Forwardings of foot
wear from Boston have averaged over
/ one hundred thousand cases weekly for
some time and shops are well engaged
Fall Contracts are beginning to receive
| attention. Prices are steady. Re-
| tailers are receiving better grades
! of glazed kid shoes without higher quo
/ tations. Local jobbing trade is very ac-
/ tive. Scarcity OF heavy sole leather
sustains prices, but light weight are
/ dull and weak.
| Wheat declined to a more reasona-
BILE level with withdrawal of specula-
| tive support The government report
| of condition of June LIST was chiefly re-
sponsible. A crop this year equal to the
greatest eyer harvested was indicated
4 by the official statement and as de-
! partment figures have generally prov
/ en- below the final yield, there was a
heavy selling of options, with a fall
| below so cents for cash wheat at this
city Foreign buying promptly de-
I creased with the prospect of more sat
| isfactory terms. Atlantic exports for
the week -four. included, were 1895 .9S3
! bushels against 4.520,144 the previous
week and 3,0S1. 1926 the same week last
| year. Corn also lost in value al
! though crop news was not especially
bright. Atlantic exports are still un-
satisfactory. amounting TO 2.ts7.y-
bushels, against 3,206.593 a year ago
Notwithstanding somewhat lower quo
! tations for corn the previous market
has developed much strength and pork
products at the west are receiving the
attention OF spectators to an unusual
extent, mess pork rising to sf5.75 here
Failures for the week numbered I7g
in the United States against 1872 last
year and % in Canada against q last
year.