Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-02-09
BUNS REVIEW OF TRADE.

NEW YORK, February S.-R. G.
Dun & Co.'S weekly review of trade
tomorrow will say:
More seasonable weather in the east
has brought up the volume of bust
ness in retail lines a little this week
and at the west and south distribu-
ton of merchandise is on satisfac-
tory scale. Prices of staple products
show but moderate decline. and quo
tations of manufactured goods are
steady in all directions. Pressure to
sell is everywhere conspicuously alb
sent Jobbers report good orders Tor
spring goods, particularly for the west
ern trade and the only complaint still
comes from the woollen goods mar
ket in the east, which has not yet
felt the expected stimulus. In this
line, however, prices do not decline
and agents expect better conditions.
Large operations in the stocks OF
leading steel companies do not affect
the volume of business or the prices
of their products as yet, and probably
will have no material influence on the
future. Quotations will depend on the
relation of supply to demand, which
at present gives an undertone OF great
strength. This is most evident in BILL
lets, which can be secured at the
pool price While former quotations
are nominally in force. it would re-
quire a material advance to secure
contracts. Structural forms are also
in notably brisk demand, and it Is
impossible to, secure prompt delivery
of any finished steel at Pittsburg. Chi
cago makers also have orders far
ahead. and at all leading points the
placing of new business is limited to
small contracts. Bessemer pig is firm
at the recent advance TO sl3.oo, al
though no large sales are reported.
Cut nails have followed the advancing
81 per ton. while many other forms
are expected to be put on higher
level when producers meet.
Activity continues in footwear. job
beers placing large contracts at well
sustained prices. No alterations are
reported in quotations but there is
some evidence of slight reduction IN
quality. purchasers refusing to advance
their figures and accepting somewhat
lower grades instead. This appears TO
be practically equivalent to rise in
prices. The large number OF buyers IN
the Boston market indicates that heavy
contracts will DE placed, insuring busy
shops for many months. Local job
bling and retail trade was helped by
seasonable weather, notably rubber
footwear. Textile Industries do not re-
vive appreciably, even the lower tenn
per falling to infuse life into woolens,
aside from better retail dealings
Manufacturers make small purchases
O. raw material, showing preference
for the cheaper grades. and even then
insisting on small concession. London
auction operations became less salts
factory as the sale progressed. Cotton
goods are uniformly dull with some
labor controversies added TO the other
troubles at the mills. Another reduc-
ton in the average price of raw silk
makes a loss of nearly 81 per pound
Stree January /, 1900.
Spot cotton lost an eighth on Monday
and another on Tuesday, making the
decline $3.50 a bale within a week.
After such a severe reaction to the
lowest point since early in Deem Der,
1t was not surprising that prices
should steady. Figures Of supply have
been somewhat conflicting: last week
there was an increase. while in the
same week of the preceding six years
loss occurred. This week. however.
port receipts show heavy loss COM
pared with 1900. Planters are still
holding back part Of their crop at
some points, and active preparations