Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1891-01-10
TRADE OF THE week.
Quiet Times in the General Lines
During the Holiday Season.
Better Outlook Ina Business Promised
--Failu-es for the Year, with Bank
ers Leading the List.

Better Outlook Ina business Promised
--Failu=es for the Year, with Bank
ers Leading the List.
Special kilograms to Brodstrecfs report a
quiet week, SO iaras the distribution OF general
merchandise is concerned, as was expected
during that particular week Stock taking
is still conspicuous feature, tie weather has
been generally uniayorable, and reports are
received of a waiting attitude on The part Of
buyers and sellers.
AT Boston there has been freer movement
IN all lines, that city proving an exception to
the general run. Even wool is said to DC
stronger, both at Boston aud Philadelphia
rubber Is up Is cents per pound, owing 70
Brazilian speculation, and leather is recover
ing, with splits cents higher Butter, eggs
and potatoes are all frmer and higher in
price
Wheat is firmer and has advanced lie in
spite q the unprecedented increase Of nearly
l0V1,O00 bushels in ailsble sticks for the
week, and larger sto ahoat for Europe and
az United Kingdom ports. Hops too, are
higher at Western markets on more active
demand. Exports Of wheat land four from
both coasts OF the United States, for the past
week equal ,03l 900 bushels, against /, 49,, 26S
bushels last week, and 1,S9S,05I bushels in the
like week 1889 90.
THE BANE cLEARiNGs.
The bank clearings for 1890, at thirty-seven
cities in the United States, as reported to
Brodareet'S aggregate $50, 5Sj, 6S6, ass, or CT
per cent, more thaA in 1889, n per cent more
than In lsoS. and Is per cent. more than in
1887. At New 1ork city the aggregate OF
bank clearingA for 1890 was S37, AS Oh. COS, or
81 per cent Of the whole, showing a gain for
the metropolis over its total in 1889 OF as per
cent, OF ~ per cent. over 1855, and II per
cent. over lSSf. Tac relatively more rapid
growth Of bank cicarings at other cities is
shown by the fact that at thirty six cities
exclusive OF New York. the aggregate for
1890 was So Ia G2S. so. or ia per cent. more
than IN 1889 22.3 per cent more than in 1855
and % per cent. in excess OF the total in 1887.
The continued favorable New York bank
statement has gone far to add to the growing
confidence infinaHeial and commercial circles
There has also hce;: less demand for funds at
Western financial eeRiers than during pre-.
yious weeks with money easier, but at an.
changed rates Mercantile collections with
few exceptions, are comparatively slow. De-
spite friction between some Western roads, il
is thought that the new association win be
successfully organized. Gold weather has
stimulated an adgance in the anthracite
carriers shares,
FAILURES FOR THE YEAR.
The tota, number Of failures in the United
States in 1899 was 1903, or 9 per cent. less
than were reported to Bydjsheet's in 1880, and
only little ia excess of the total in 1883
prior to the panic year, 1884. Gross assets
and liabilities in 1890 are about equal to those
in 1885, but are 50 per cent. aud al per cent
heavier. respectively, that in 1850
The most conspicuous failures last year
were among private bankers and State banks,
Of which there wee thirty-two, with nearly
Si9,0l0,010 gross liabilities Next IN order
came twenty-five textile (mainly wooden and
cotton manufacturers, with nearly &, 100000
liabilities, lumtcr dealers being third in order
ttourteen) with nearly S 100000 liabilities.
There were 1874 failures in the country in
1899 Qorty-four OF them in December, with
liabilities in each instance Of 500, 600 or more,
an unusually large uunber, their total liza.
bilities being nearly Si200Q.0J0.