Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1891-09-05
NO. 81.
TRADE OF THE Week.
Stock Speculation Shows Further
Increase of Activity.
Exports of Wheat for the Week just End
ed Far Exceed Any Record In For
mer Years business Failures.

mer YeRrs--Business Failures.
Special kilograms to Bradstrccis report a
moderate expansion in the demand for season
able staples among manufactured products.
Relatively less Of this is reported from Cincin.
natl, Philadelphia, New Orleans, Memphis
and New York city than elsewhere.
Products Of wooden yarn mills are not rs
active as expected, and vegctables-eNcepi
potatoes fruits are exceptionally abund
ant aud cheap, New England cotton goods
mills make encouraging reports, and domestic
wool markets present a feature of the week.
Agents generally consider the position Of
staple cottons as satisfactory. although there
is not much new business.
BUSINESS FAILURES NUMBER is6,
Cattle and hogs are both in less demand
West, notably at Kansas City at Omaha there
is no steadiness IN the hog market.
Business failures in the United States NUM-
Der ls6, against tSi last week, aud tSi this
week last year, The total January TO dato
s 79i5. against 6791 last year.
Stock speculation, under the influence 81
the crop situation, has shown further in.
crease Of activity, with growing public par.
iicipatien, and liberal purchases for foreign
account. At the close uf the week the mar
ket reacted somewhat on reports Of damage 70
Western crops by frost.
Foreign exchange has declined sale on FREQ
offerings of bills against securities, with
better supply Of commercial drawings.
Bank clearngs nj hoycght cities ior Tho
week amount 70 500, 0l6 i6I. decrease from
tie like week last year Of 1873 per cent AZ
hiyseven cities New York 3 total cxcludedl
decrease Of 40 per cent is shown. De-
crcnses were. at New York, siSi, 10000, at
Boston, $40, 2s0 600; and at Philadelphia, 3d.
10000, as compared with the week year
ago.
EXPORTS or WHEAT INCREASING.
The export movement Of wheat land Aourl
from both casts Of the United States cquallcd
6 3is,00O bushels this week, 80 900 bushels
more than in the preceding week aud more
than /, 200, 900 bushels IN excess Of the total
for the second week Ia August Ia The fourth
week Of the month. 1890 the total exported
was 9, $50 900 bushels (includinc MontreaA;
IN 1850 it was 3,Oss.OiQ bushels; in 1858, 3.
9s3,O0 bushels, and in 1857, 100000 bush
els.
The Approximate total reported durinecight
weeks (including -four rs whral is ~ ,2tf zoo
bushels against 1894 uU bushels IN
the like eight weeks Of 1880 Including Mon,
trea's shipments and rs compared with ~.
736, 900 bushels IN a similar period Ia 1850 nni
lI,772 go bushels In 1888. There appears 20
be a temporary lull in European purchases
Of wheat the current movement representing
previous engagements, but latest ndyices from
abroad do not favor the United States having
more whentayailable for export than viii be
demanded
San Francisco is shipping -four 70 China.
The Ontario and Quebec grain trade report
damage from frost 10 Manitoba wheat. pomes.
tic primary markets are receiving very mrgo
shipments of wheat with the rnilwaystaxed 10
handle that Offering