Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-10-19

NEW YORK. October fs.--R. G.. Dun
& Co.'S Weekly Review of Trade to-
morrow will say
unfavorable signs are rare in the
, business outlook. Manufacturing in
dustries enjoy exceptional activity and
most iobbers and retailers find no occa-
sion for complaint. Mild weather is
the one influence that may be charged
with retarding retail merchandise dis
trlbutlon, yet there is general conf
dence that any sales thus postponed
Will be made up later. The same infiu-
enoe Is invaluable. in facilitating the
handing OF crops, erecting buildings
and outdoor work, although a fifth OF
tie year is still To he heard from, in
GLIDING the usual interruption of cleo
tons and possible disturbance of legis
laLon. there is ample evidence that
the volume Of Legitimate business viii
largely exceed all previous records.
Speculation Is comparatively quiet
both in securities aud options on lead
ing products which emphasizes the ac-
tivity IN trade channels as shown by
bank exchanges for the week at New
York $50 per cent larger than last
year. ana So above 1899. while at other
leading cities the gains were 1868 and
81 per cent respectively Strength
without imitation still summarizes the
i iron and steel situation. Despite two
months of interruption by the strike.
evidence accumuates that the year will
surpass all records in production OF
finished material and consequently In
consumption of ore and pig iron. Or
ders already booked for delivery far
into 1902 promise that next year Will
bring still higher records and the
stoadlness of prices makes the outlook
especially favorable. Mills as rule
have practically closed contracts for
all the orders that can be filed this
year, and future Developments can
> only affect conditions in 1902 an 70,
finished steel, Heavy orders are record 4
I ed for rails with free movement OF
structural material. while wire and
wire nails go abroad In large quaint
ity. Pig iron is hardening under the
vigorous demand, forge and southern
foundry securing definite advance and
Bessemer in Pittsburg. is firm at SIG.
Tin plates are almost restored to nor
NAL prices. Since domestic mills have
resumed and imports ceased the Lon
don market has declined sharply. Cop
per rose in the face of reports that 9
large reduction in list price was con-
templated by leading producers to re-
duee stocks.
Footwear factories still have many
weeks full employment on heavy
weight goods for winter. Supplement
tary orders for seasonable lines still
arrive for eastern jobbers. Prices are
not uuotably higher, though the rapid
rise of leather and hides have taken
so much Of the profit that shoes must
soon dcteriorate In quality " better
quotations are not forthcoming. Leath-
or has begun to exhibit symptoms OF
speculation, but buying by the Lead
ing manufacturers for actual consump-
ton also reaches q large total
Cottons move freely with prices well
sustained for all lines and definite adj
vances in bleached goods Wooden
goods are more quiet. yet shipments OF
over 5.000.0D0 pounds of wool weekly
from Boston indicate no decrease in
activity at the mills.
Fluctuations in cereals were small
wLh markets dull and featurcless.
Corn receded a little farther, infiu-
enced ,nfavorably by the insignificant
shipments from Atlantic ports, only
sol 1856 bushels for the week, compared
3 with 2799,SSi last year and 4,l4fzoS
in 1899 Wheat lost a lot of the early
gain, although declining prices year
ago makes the difference smaller than
it has been at any time this crop year.
Foreign buying of -four is still unsat-
isfactory, but the outgo OF wheat ID
heavy. For the week United States ex-
ports. -four including. amounted to -
391 ,053 bushels, compared with $685.
761 last year and 4,255,76S two years
ago. Western receipts of 5,9O3.6l4
bushels. against 7.426,651 last week and
7.126,419 year ago. indicate that the
new crop is being marketed less freely.
growers holding back in expectation OF
better prices, despite the estimate for
foreign authorities that the worlds
wei. will exceed 100000 bushels, and
unofficial predictions of domestic
crop of more tnan 750000,00O bushels.
Failures for the week numbered 22S
in the United States. against 209 last
year. and 81 in Canada, against 70 last
year.