Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1890-04-26
TRADES INDICATOR.
A Moderate Movement Noted with the
Outlook Unfavorable.
Great Drive In the Wheat Market I'm Spec
uIative Dca1ings-Dry Goods I'm Better
Dfsaribution-PrfcesA Advanced.

Great Drive In the wheat Market in Spec
uIative Deaiings-Dry Goods I'm Better
Disaribution-Prfces Advanced.
Special reports to Bradstreet's show only
moderate movements of general merchandise at
Philadelphia, New York, Boston and New
Orleans. At st. Louis, cold, stormy weather.
with resulting heavy foadways in the tribt-
tary region, have retarded general trade, and
even at Chicago adverse weather Influences
have had their effect on several lines, notably
millinery and clothing. There havebee light
gains at Memphis, St Paul, Omaha and San
Francisco, but at Cincinnati and Kansas City
the situation remains practically unchanged
The industrial outlook is less favorable.
For seventeen days of April rs strikes, strikers
q ,542 land 1900 employees idle in conse-
quenee) are reported, as compared with 81
strikes and 1873 strikers for the whole o.
April, 1889.
Snow blockades on the Pacific roads in Feb
ruary decreased net earnings in that group, SO
that the gain in net on 106 roads during that
month was only per cent. as against Is per
cent. in January over January last year.
For the first time in some months the coal
road group showed gain in net over the pre-
ceding year For two months net earnings
show a gain of 9.3 per cent. over 1889 for a like
period From a condition of extreme dizziness
the stock market shows sudden activity and
strength on the expectation that silver legisla-
ton will etimulate speculation.
Speculation In wheat within week has
reached uhexampled proportions. transactions
at New York alone aggregating l33,QO0OoO
bushels. This was caused primarily by the
Governments report that Winter wheat in
ground was far below the average in condition
on April /, backed by continued bad weather
and report that midas new crop will fall
far below expectations.
Seeondarily, the stimulus came from the lar
ger bull operators at New York and Chicago,
with good effect. Prices West advanced Zoe.
and leave off 6a7c. up. At New York the gain
is 3a4e. Corn was affected, as was oats the
former gaining ia4c. and the latter sa2 per
bushel. The corner in pork at Chicago, April
49, advanced prices 81 per barrel, of which
one-half has been lost. Lard is higher per
pound and cut meats 4c. tip. Demand is fairly
active.
The exports of wheat land of -four as wheat
from both coasts of the United States this week
equal 2 146 646 bushels, against / ,927 BUSH
els in the like week of 1889 and 2,0S3, 719 bush
els last week. Exports July / to date equal
So 446,040, against II ,686, 100 bushels in like
portion of 18S8-Se Stocks of wheat at nearly
1000 points determination East of the Rocky
MOuutdlns uecfedseu ,2of ;o1o bushels ldSt
week, at which rate, for the next fortnight,
stocks available on May promise to be slightly
in excess Jf those so held year ago.
Dry goods are in better distribution at re-
tail, and there is some slight gain in recorder
demand. Price concessions are still feature.
Agents report better demand for Fall dress
goods and some gain West and South. Deliv-
cries of Spring goods are about completed.
Wool goods for mem wear are dull, as are also
foreign fabrics Raw pulled and carpet woods
are rather more active on immediate consump-
tive demand at Boston and Philadelphia. Cot
ton is in better demand and in improved tone
speculatively at an advance of Bloc.