Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1890-08-30
RE,ir q rVAHs. Publishers.
TRADES INDICATOR
Bright Outlook for Early Autumn
Trade Over the Whole Country.
The Monetary strtngcncy and strike
Talk Weaken the stock Markets
The Business Fatiures

Talk Weaken the stock Markets
The Business Failures.
Special kilograms to Bradsircefs show that
general trade incident to Autumn has begun
with a fairly good demand. Ii is relatively
most active at New Orleans, where the tribu.
tary region is enjoying prosperity based upon
excellent crops. Rice, il is believed, will ex.
coed i0,0O0,0oo sacks and cotton win yield
heavily. Chicago, New York, Boston and ST
Louis all report large volume Of business,
dullness being chiefly conspicuous among
handlers Of imported articles. At PhiladeL
phia, notwithstanding better request for dry
goods, large share of textile machinery il
idle. Grain leather Is generally scarce and in
active request, with prices higher. Boots aud
shoes have advanced l0al5c. per pair at first
hands Cattle are lower for common, but hogs
are cents up, ON increased demand. Crop
reports from Nebraska show a much reduced
output Of cereals, though there as elsewhere,
the enhanced price will probably do much to
offset restricted production.
After q sharp depression, due 20 the strin.
geney Of money, stock prices show tendency
to rally on the expectation Of increased sup.
plies of funds from the tender Of A per cent
bonds TO the Treasury, The threatened ex-
tension of the New York Central strike Is
also an element in the market Bank clear.
ings at fuy-one cities for the week are
R,lW ,5SO,29i, gain over this week last
year Of 10 per cent New York city's clear
ings, which constitute 6i.5 per cent Of the
grand total, are more than those for the like
period last year by II per cent, while at fry
other cities the gain is % per cent
Moderate gross earnings IN June, with in
creased operating expenses, growing out Of
low freight rates West and large expenditures
for betterments have reduced the proportions
of gain in the net earnings Of railroad COM
panies generally
Copper tends upward At home aud abroad
notwithstanding the present high prices
SALES OF Lake Superior ingot for export 10
Germany at ~ cents per pound are reported
at Boston. Producers are offering their stock
freely.
Renewed short crops as to wheat at home
and decided preponderanee Of bullish senti.
ment, served TO push wheat up y cents this
week, despite the natural heursh tendencies
Of the Northwest exclusive Of producers
Indian corn, too, advanced cents and oats "a
cents The causes are those which have here
tofore acted
Exports of wheat land -four as wheat. both
toasts, equal 3,4S9 925 bushels against a70S..
las bushels In the like week OF 1889. and
l,psS, lS9 bushels last week. The total exported
July LIST 10 date is i6107 1853 bushels as com.
pared with 1888 2g6 bushels in like portion
Of 1883, and rs ,9g1 800 bushels in 1887 Indian
against 100000 bushels last week.
Dry goods are more actively distributed Al
the East and the general tone Of the market
Is buoyant Jobbers are most active, while
agents are doing good recorder business
through mail aud personal demand Prices
are generally we'll held, print cloths alone
weakening slightly.
Wooden goods have shared somewhat In the
better tone Of the general market, but demand
Is still only moderate. Foreign goods are very
dull owing 10 delayed action on the tariff A
fair business is doing in raw wool, but the
market lacks strength. The better tone Of
the wooden goods market prevents any further
decline In raw material. Liquidation Of old
cotton contracts has been the order OF the day
in all markets, and prices are on iail.i6c.
New crop is moving freely
Business failures reported to HradHtrcet's
number 100 In the United States this week.
against l4s last week, and 2ls this week last
year. Canada had 20 this week, against 20
last week The total number Of failures in
the United States, January LIST 10 date, is 66G3
against 1927 in a like portion Of 1889.