Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1890-08-23
State OF TRADE.
No Improvements in Crop Reports.
The Business Failures.
Large Foreign Trade and Great Increase
In the Exports-The Railroad Earn
fngs of the Week.

Large Foreign Trade and Great Increase
I'm the Exports The Railroad Earn
ings of the Week.
Special kilograms to Bradstreet's show few
changes in either the agricultural, industrial
or commercial situation. There have been
extensive rains throughout large areas in
Missouri, Kansas, and Nebraska, but they
came too late to repair the damage done the
cereal crops, particularly that to Indian corr,
Cotton crop estimates are not quite as large as
few weeks ago, while those of wheat, corn,
oats, and barley are as low as previously re-
ported. Sugar and rice crops promise well.
Fruit yields, too, are short and prices higher.
Bank clearings at fifty-one cities for the
week ending August II, are 1902, T67, S67,
gain over this week last year of Is per cent,
New York City's clearugs, which constitute
624 per cent. of the grand total, are more than
those for the like period last year by 1856 per
cent, while at fifty other cities the gain is
175 per cent.
The feature of the week is the continued
advance in prices for hides and leather. As
an outcome, boot and shoe makers are actively
employed.
In Nebraska and some sections adjoining,
where the drought has been heavy, merchants
have countermanded orders for goods, fearing
the effect of short crops. Chicago aud New
the most active demand for staple goods.
Hogproducts are trihe weaker, lard having
reacted few points. Pork is practically I'M
changed. Live hogs at the West are 5al0o
lower per 100 pounds, and cat lie, on declining
receipts, 15c higher. Raw sugar is &c and
refined Lice higher on good demand, de-
creased stocks and higher foreign markets
| Wheat corn, and oats have been affected by
uniayorable crop reports and heavy specula.
tive demand, the first named advancing bate,
corn tic, and oats fully 6c per pushed. Avail
able stocks have not begun to increase yet.
Exports of wheat, both coasts land -four as
wheat equal 1893, 1889 bushels this week,
against $4,000 bushels in the like week Of
1889, and 2,l66,263 bushels last week. The
total exported July l to date is 1871 ,22e
bushels, against IL ,250,0O0 bushels in IL like
share of 1889, and 1868 $50 in 1883.
Foreign trade for the fiscal year, 1SS990,
was the largest on record aggregating 81 ,6I7,-
| 047 ,062, gain over 1SSS-S9 of los per cent.
/ Imports, which aggregate $3.50, 322 22S, ex.
eeeded those of lSsS-S9 by 50 per cent also
the largest on record Exports aggregated
| SS45, 293, a2S, a gain for l5.7 per cent more
than the total the year before, and, excepting
1881, were the heaviest ever recorded.
July was month of moderate gain in rail.
way earnings when the large increases last
| Spring are considered The per centage of
| gain is slightly larger than that of June.
| Earning of l35 railroads for July aggregate
$50, 752, 1856, increase over July, 1889, of 500
per cent, that month in turn gaining S.3i per
cent. over July 1883. The Southern, South
western & Pacific groups continue to make
/ the best relative showing.
Earnings of thirty railroads for the first
seven months of this year aggregate 1888, 1922
100, gain over 1889 of III per cent. which
year in turn showed gain Of 90 per cent.
over 1883.
Business failures reported TO BrddStreets
number las in the United States this week,
! against 155 last week, and III this week last
/ year. Canada has twenty this week,
against twenty-five last week. The total
number of failures in the United States,
January to date 6J03 agair Vt 1909 in like
portion of 1889