Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1891-01-03
TRADES INDICATOR.
Holiday Time and the Snow Storm
Affect the General Movement
A Better Outlook Amer the First OF the
Yesr-Fa lures for 1890 Lrss Than
the Total for 1889 Money E,xler.

setter bullock Amer the First OF the
YeHr-Fa lures for 1890 Lrs, Than
the Total for 1859 Money EsSser.
Special kilograms 10 Bpdstree,'s report no
material change in the state Of trade through
out the country as compared with the proceed.
ing week. The exception TO this will appear
to be at Boston, where there is more activity
In the movement OF staple goods in several
lines reported; particularly Of leather of some
grades, heavy weigh, dry goods and wooleus.
Trade is quiet at & Lauis, LIGHTER at New
Orleans, smaller aggregate volume at Omaha,
unchanged at Duluth, quiet and f,aiureiesS at
San Francisco while At Philadelphia distinct
weakness is shown. with tendency toward a
decline In prices in nearly all staple lines.
Al Kansas City, Cincinnati. St Paul, aud
chicago normal volume of business during
holiday week is maintained.
The change in the weather promises to
stimulate the demand for seasonabie fabrics.
Manufacturers of textiles and metals char
acterize trade settlements as slow. Refined
sugar is lower. Raws IRE In free movement
in Louisisns. Coffee and tea prices are re-
ported TO have On upward tendency,
LIVE CATTLE WEAK.
At Western points live cattle, excep, tor
prime, are weak. Hogs are In decreased de.
mand and are cents lower. Farm produce
potatoes and apples, are ia good demand and
bring good prices. Wheat has been auieter
and quotations have gone of cent during the
week. Available stocks east of the Rocky
Mountains increased last week ls9, 100 bushels
Exports of wheat land FOUR both coasts of
the United States and Canada this week equal
l43 ,265 bushels, against 2 III ,71s bushels last
week. and 2,25l, 634 bushels in the like week
of 1889.
Rates for money west of the Alleghenles
except st San Francisco, where funds are
tighter, are unchanged but with more ease
manifest and disposition to lend more freely
to regular CUSTOMERS This Is In part due 10
the lull in speculative and distri6utive lines
having decreased the demand tor money No
trouble is anticipated In making necessary
settlements and disbursements on January /.
Heavy receipts Of gold within ten days
checked the decline 10 foreign exchange, but
rates tend downward again, and further i'm.
ports Of gold are not likely While New York
bankers very generally prefer not to express
an opinion as TO contemplated financial iegis
lation at Washington, il remains true that The
general sentiment among them is that inap-
propriate legislation at the moment is the
chief obstacle to a prompt return to a better
state Of financial affairs.
Stock trading at New York Is dull and life.
less and prices lower. Holiday indifference
to speculation is intensified by the inclination
of the street TO wait till after the first Of the
year, and the railroad situation Il better dc.
veloped. Speculative inactivity tends to make
the local money market easier
WHAT BANK CLEARISas SHOW.
Bank clearings at fifty.four cities for the
week are $3.50, 235, 093, decrease from this
week last year Of l.5 per cent New York
city's clearngs, which constitute 500 per cent.
of the grand total, ere less than those for the
same period last year by 1876 per cent, while
at ffly.three other cities the gain is 9l0 Of
per cent.
Dry goods have been dull in wholesale lines.
while aeasonable active at retail. Prices are
not quotsbly changed, but In the case of brown
and low grade bieached sheefings favor
buyers. Numerous price revisions are ex.
pec,cd after the first of the year.
The usual clearing out atles are now In
order. Texas and Territory woods are strong
and active. The general situation is cheerful
Prices are unchanged. Cotton Is 3-l6c lower
on increasing pressure Of supplies and the late
large crop estimate.
Business failures reported 10 Rradstrcsts
number S0G in the United States this week
against $40 last week. and 2s7 this week last
year. Canada had 25 this week. against S5
last week. The total number Of failures in
the United States, January LIST to date is 10, SIS
against II 800 in like portion Of 1882