The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1912-08-03
OF BUSINESS
QUITE UP TO NORMAL

increasing requirements Of consum-
ers. Larger reserves are accumulat-
ed by the banks. II IL possible that
the needs of the European markets
for additional supplies Of gold may
have to be provided by New York.
either by direct shipments or fur.
Their movements to the Argentine.
The sharp advance In foreign ex-
change this week vas q noteworthy
feature and was. In part, IN response,
to 1rmer English discounts.
Generally excellent crop prospects
promise a larger trific over the rail-
roads and increasing purchasing OF
equipment is noted as a result Dur
ing the past week orders for about
10000 cars and 800 locomotives were
placed. while the buying movement IS
expected 10 gain momentum at an
early date. In other finished steel
new demands have fallen of. yet the
volume of business is still very salts
fory for the midsummer season. In
spite of tho weather and shortage OF
labor. production has not been ma
terially curtailed, the leading inter
est operating al approximately 80 per
cent OF capacity and the independent
1919. 80 AEAN AAANAN WI NMO
years. Several price advances have
been named. including a rise OF S1.OO
a ton on wire products, and premi-
ums contine to be paid for prompt de-
l~iveries OF plates and shapes.
The operators OF the many traders
in the primary and secondary dry
goods markets are as vet on a con
sentative scale. Cottons are firmer
and the strike at New Bedford. af-
fecting the production OF 5000 looms,
will undoubtedly result in a shortage
on fine goods. one printer has ad-
vanced his line OF staples hc., but
so far this action has not been fol
lowed by others. Print cloths rule
extremely on The basis Of 3&c. for
27-inch 6fS6os. Bleached cottons
have advanced sc. on some low
count lines. staple Einghams and
denims are very firm and tick!nCs
are well under order. Woolens and
worsteds for spring have been open
ed at a higher nj 81 values and
trade IL better than IL was n year ago.
Certain lines OF mems wear nave ad-
vanced IA 70 20c. above last spring
and most others sc. 20 1nc. Demand
for finished goods Is in excess OF the
supply. notably wool dress goods.
and some mills that they
can not Guarantee oeiIvery until No
vember. Cotton and wooden yarns
are firm, with mills making the latter
well supplied with business.
There is some Improvement in the
volume Of orders placed for footwear
but individual sales are rather limit
cd. \ general advance Is noted in
the price OF shoes from 2i2c. to &c
per pair since tho first 81 the month.
and II the value 90 hides and leather
continue 10 Increase quotations for
footwear VIII be Fti'l higher. Leather
- In a very strong position and.
though trading Is not espncialI act
I've. available supplies are not IN ex-
cess % the demand. Some buyers are
operating 81 the advance. hut others
ara holding out Tho policy Of tan
ners 20 refuse to contract ahead for
large supplies OF leather are moro
pronounced than vep and a number
are beginning 10 curtnl1 production.
owing % the scarcity Of raw material.
Trading IN hides. especially m the
western p1cker market. hrs boon
more active than for several years.
tho total aales last week being close
70 100000 hides. and for mo fort
night over 100000 There transact.
ions we're ~ further advances AMI
'h" effect 81 this activity az Chicago
was % sflNen prices 90 al me lead
ing markets - Tho world
More rev low records wore roach
"a IN wheat. RifhourH mora vas nm
carly sharp recovery This was frr
partly ~ reports a. considerable darn.
aEo hV black rust. which were later
~dIrrredi'nf Fsfwrf.s on fr-'-r
wheel arc hsfrr s-.r-ar r-. t.-
fee-lrE -a~urrs from 80 sorfhu...
ftNi exceed err.r TI. r.t.
rrrf Gel .~a..f- u..trn ~.-a-r+r
me ueek % s--. f-f bushels com
par ~ H -r-r
Tf'e orr0- m rr-s 10 OBJ
f-'''f afrf n..- -.-
Fs tusfe rr.r~rf r~efs-. I-
i'li Corn rs rnrr.srrf OBJ.