The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-02-01
BUSINESS MEN SEE
Big IMPROVEMENT
LEADING BANKER TELLS OF THE
FINE BUSINESS or PAST
MONTH.
Other Leaders IN the Local Business
Community Arc More Than
Satisfied.


important financial institution OF the
city. said TO The Intelligencer yester-
day afternoon:
Yes. the business situation in Wheel |
ing seems to be all that could be de-
sired. Not only are the banking clear
lnss. as just reported. the greatest In
Noiuue the city has reported Tor several
years. but the amount OF business done
In wheeling in January - clearly larger
even than that OF the month OF Decem-
Der, which il remarkable. as the big
holiday trade OF December usually
gives that month pre-eminence. while.
Nl the other hand. II IL 10 be expected
thi-t in January there Will be - consid-
cradle let-up IN business activity. But
abundant evidence 10 prove that condi-
lions AZ this moment are much better
than they were even just a month ago.
1 can see this Improvement reflected
IN the business OF our own bank ia the
increased deposits OF merchants IN all
lines or wholesale and retail trade. IRON
ana steel and other manufacturers.
notable feature OF the situation Is the
almost entire absence OF business fail-
ures in the Wheeling district during
the month just ended. Heretofore the
opening month OF the year has usually
been the period OF more failures than
IN other months. and their absence-al-
most totals significant Of the greatly
improved conditions in the local bust
ness world. ON all sides there is feel
ing OF confidence In the future and
Iron and Steel.
Several gentlemen connected with the
70 The Intelligence. and all united ia
the opinion that the present satisfac-
tory conditions. marked oy orders up TO
capacity and much more business In
prospect. will be continued Indefinitely.
IN this connection The following special
ulSpatch from New YORK Is ot interest.
NEM YORK. Jan. 5l.--Spccificauous
against contracts Tor rolled steel pro
ducts were again heavy last week and
the mills continued to operate close TO
1ul capacity Iu all sections Ut the Couu-
ny. shipments were only slightly IN
ffI ia rcd 81 d ne N o. Sc
trIct. outside OF New England. Tine en-
barge against N,W EnEland trauic how
menus 20 tne interior ana even 10 Tor
eIgu countries.
Inc volume OF new business was ex-
ctpuunaiy usht 10 inc ~ SItbt.v. a.
though lu some lines tnvr, continued
10 be- great activity, more especially ia
bands ana I'm plate. la Tact the de-
manu- tui an products continued NOR"
or less active. but tL' actual e.t.'@ "tie
smaller because OF Go, Iuauiutl OF the
mills 20 mas, desired shipments. ia
Is more auu more evident t-71, mat the
higu prices prevailing tuI finished pro-
duets are c4rIaluug current sales.
safes OF steel To- cover Gore U.auufac-
turc OF war munitions were scarcely
mi, .ha~r fr,. lan IONS ,ya- -.II duIIug
one-tcEtn %. the tuuuag, called Tor uy
inquiries that were uut out curing thv
ever ever that 10000 IONS Of rails. 5000
tons OK wire. 10000 tons ot scrap 10000
plates ahu --.Nnu tons OF Sortan"ous
products were sold for export ln jan
Consumers 1f both foundry and steel
making IEHI were less actively lu the
market last wtrh, as Indicated us sales
of only about $4,000 tons iu au dis
trlbUtuE districts. aLaIn-I sales ui l1N,-
600 tons fue week prey ln.r. several
lars. tluuas,-. however. ar, stiI under
negotiation tor delivery over t.e -r.-
Iir t"f -r-- ir J.rr.r, ar. -.-r-
t#| IA . . OIL