Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1890-09-06
State OF TRADE.
Favorable Outlook for an Active and
Steady Fall Trade.
The Reaction Ina Whest-Prices Ruling
Higher aud Failing or In the
Business a lures.

Special kilograms 10 6radStrec''s report all
Of the evidences Of increasing commercial and
industrial activity noted last week The Sep
TENDER outlook is for an active distribution Of
staples There are no definite reports as to
domestic crop shortages, other than were made
public last week,
Boots and shoes are selling At prices mater.
Tally higher than year ago with the Autumn
demand under good Roadway, Even raw wool
is firmer, while other staples showing relative.
ly more activity are clothing aud seasonahle
dry goods. These reports come from puila.
drlphia, Boston, Kansas City, Chicago, Omaha.
and other distributing ceutrcs Al New York
very large Autumn trnde is going GU.
The close of the fiscal year az the South
checks business somewhat, notably in New
Orleans, but the volume of goods moving is
still large for the sens ~ Rains have checked
the rice movement there, but cotton is moving
freely. In some sections Of Southwestern Ne
braska aud Of Western Kansas the damage TO
staple crops has been so serious as TO mater
tally check purchasing.
Bank cearings at hfty-one cities for the
week ended August IS are 81 .OaS. SOS SSt, a
gain over this week last year Of los per cent.
New York City's clearines. which constitute
62.S per cent, e the grand total, are more than
those for the like period last year by u per
cent, while at fifty other cities the gain is q
per cent.
Anthracite coal remains duh, as consumers
restill dsincined to order freely Petroleum,
after little squirt, consequent upon listing
about i9,000O00 barrels Of Ohio oil for invest
ment and speculative purposes appears 20
have dropped into neglect once more. Hogs
are lower in price on heavier receipts
Wheat has reacted cents from the high
prices touched early in the week aud corn and
oats have, as is natural, sympnthized with the
decline. This Is due 10 foreign markets refus-
ing tofollow furihcra at this time the prolonged
advance Ia domestic markets togthcr with
some slight improvement IN crop reports.
Total export Of wheat land -four as whcat)
both coasts this week aggregate 562 322 bush
els, against 3.0sS, 9S5 bushes in the like week
year ago and 8 tS99Sj bushels last week. The
total exported since July | Is rs 900 i75 BUSH
els, as compare with 1851 900 bushels In a
like portion Of last year, aud iS,976.Sll bushels
In 1888.
Dry goods johhers are actively engaged, and
agents are doing good re order business in
Fall and Winter goods rs a consequence. Cot.
ton and wool dress goods are i'm chief move
ment. Foreign goods show more life, but are
still behind the average in demand.
Manufacturers are as a consequence report
ing slight demand aud are slow buyers VI
raw wool. A great deal Of wooden machinery
Is still idle, but values are fairly firm. Cotton
u and cents oil in nil marketson continued
liquidation Of an old crop. heavy new crop
movement and good adyices from producing
sections New crop deliveries are well held.
Business failures reported 10 Brddstreefs
numbers 49, Ia the United States this week,
against l6O last week and i56 this week last
year. Canada had 3i thisweck against 20 last
week. The total number Of failures In the
United States from january I 20 date Is B797,
against 1908 in like portion Of 1889.