Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1891-08-22
TRADES INDICATOR.
Russia's Stoppageof Rye Expectation
Increases the Demand for Ours.
Railroad Earnings Better--our Foreign
Trade for The Twelve Months. Hc-ot
is the Largest on Record.

Special kilograms to Rfgaaer,f's point to
continuance of the late improvement in gem
eral trade at Western and some Northwestern
cities, chiefamonc them Chicago, st. Paul.
Minneapolis, Duluth, 0msha, 81. Louis and
Kansas City. In the South only a moderate
movement Of staples is ported, but on the
Pacific coast johbing in leading lines Of mer-
chandise is exceptionally active,
At the larger Eastern citics no like enlarge
mcnt Of the volume of general trade IS report
ed. New York, Boston, Phil delphia and
Baltimore present similar reports ON this
feeling Of confidence in an active business
during the Autumn, based naturally ON favor
able crop prospects and increased improve
ment in railway earnings.
The feature of tho week has been The con
tinued rapid expansion Of exports Of wheat,
with higher prices, stimulated primarily by
Russian prohibition Of rye exports, which
promises to add %, o0o, 600 bushels to imported
wheat requirements Of Continental Europe.
Wheat has jumped up 9a10e during the week,
Indian corn, ON small and practically station
oats are weaker aud down Sale
Rye has jumped i0alac per bushcl, and,
while selling nearly as high as wheat was y
week ago, promises to 90 higher. Rye eN'
ports year before last were only go 900
bushels, and last year only 81, 900 bushels,
and as the crop is only about 2S,0Ou,tDo bush
els, we are not likely to supply much OF the
European deficiency.
Wheat exports have spurtcd again aggre.
eating for six days u, il7,ooO bushels from
the United states alone, aud !, J3S 600 bushels
from the United Stutts and Canada, Montreal
and United States experts lincluding hour aS
wheat in the like week year ago were less
than ., 900 900 bushels, and United states cN-
ports IN that week, 1850. were about l,NDWp
bushels, while the aggregate for the Second
week Of August 1855, was only 2,5OotSN
bushels.
The quantity exported this week is o. per
cent. more than in the week before, and near
" twice the total two weeks ago. For five
weeks of the new crop year the total Of wheat
and -four exported both coasts, equals nearly
100000 bushels, nearly twice the total IA
the same period q year AGO, fully twice Of that
OF 1889 and an increase Of 81 PER cent, as com
pared with 1883.
RAILWAY EARNINGS.
July gross earrings are encouraging, showing
alike the largest amount and percentage Of
southwestern roads show the heaviest gains,
followed by central, western, southern, and
granger groups Total gross earnings OF l3l
roads for July aggregate so, 6l3,74i, a gain OF
per cent The seven months earnings aC-
gregate s2j7 ,2S2, sos, gain Of uenrly per
cent, following gain year ago OF over II
per cent.
The late increased inquiry for pig iron is
sustained, and anthracite coal is more active.
Dry goods, clothing, hardware and boots and
shoes are in better demand West. Leather
, und hides are weak, as are cotton and tobacco
Wool is 40 stronger, though in better request
for low grades.
Business failures in the United States mum
Der 2l3. against 2lS ms; week, and liS this
week last year. The total January to date
is 7jiS, against 6j03 last year.
In the Canadian Dominion no great activity
is noted IN the various lines Of staple manu-
featured goods, but demand for groceries aud
dry good is increasing That for wheat and
rye is noteworthy IN Ontario for export prices
being lower Than in the United States. tn,
Dominion reports twenty-five business failures
this week, against twenty this week and
twenty nine this week last year. The total
number January to date is il6j, against l02
last year.