Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-01-12
DUN'S REVIEW OF TRADE.

NEW YORK, January 1f.-R @.
dun & Co.'S weekly Review Of Trade
tomorrow will say:
Only in the textiles Is special hesita-
ton shown. Staple products are firm,
iron and steel prices are held without
trouble, boots and shoss ana wool are
steady and all with dir demand, so
that manufacturers are busy. In teg-
tiles, however, the Improvement which
seemed to be promised with the new
year is still delayed. and in cotton
goods stocks are growing in some
quarters, though still not eopressively
heavy anywhere. Throughout the
country distribution of merchandise
Z continues on good scale and collee-
tions are unusually prompt.
Construction OF BRIGGS and build
ings, together with contemplated track
elevation, crowds the capacity of all
concerns making structural shapes Of
iron and steel Orders for locomotives,
cars, rails and all forms of railway
equipment are also abundant and there
IS no sign of reaction in the industry.
Plate and sheet mills have large busi-
ness and merchant steel is in brisk
demand. Competition is keen, how
ever, ane increased operations fail to
affect prices. New schedules are prom
Used in the near future, and lower
freight rates are anticipated. Stocks
decreased slightly in December, but
there is fear OF accumulation and quo
tations ct Fittsburg and Philadelphia
have declined during the past week.
Investment OF Wall street capital
was rumoTed as supporting cotton and
wheat but the effect was not Derma-
nent Cotton advanced temporarily,
only 70 react when LIVERPOOL cables
tailed TO respond. traders express
widely divergent opinions as to the
size fthe current crop and its sufli-
cheney. Meanwhile port receipts con-
tinue TO largely exceed last years fg-
ures at prices 80 per cent higher.
Wheat was agitated by reports of a
corner in the Nay option and for a
time exhibited strength. A sharp reac-
ton followed holders parting readily
with their contracts. Despite the ad-
vance of e,5out 10 per cent over tire
price a year ago, Atlantic exports show
an increase to 3,2J3,053 bushels. -four
included, against 2,Sl5 500 in 1910.
Even more remarkable is the compar.-
son as to corh. CT Wish shipments
abroad amounted to 4.543,149 bushels,
against 3,4GS,793 last year, while the
quotation is nearly Is per cent higher.
Wet weather is interruptirg the move
ment from the farms and there is still
much complaint of low grading az
Chicago.
Wool has ceased to uecl-le and sales
at the three cnief eastern markets in
creased slightly to 3 203, 100 pounds,
against 1921 600 in the week preceding.
a year ego sales were considered re
markedly small for that season at j.
leo, GOO pounds. Manufacturers pur-
chase with extreme caution. and do
mesrlc feeces suffer by increased COM
petition of cheap wool from Australia
and China. Makers CT boots and shoes
insist On full prices and as a result,
shipments from Boston have declined
$40 cases for the week. JoDbers in
this vicinity are doing veil and whole
salers orders are urgent. Ga es Of
leather increase with hemiock sole fair
ly held, although concessions are made
in upper stock. While the hide mar
ket at Chicago is unchange. the tone
nniErs6ular
MARES for the week we're 324 IN
tie United States, against PA last year,
and 81 in Canada. against IS last year.