Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1891-08-29
NO. 80.
State OF TRADE.
Gradual Improvement in the Condi-
tiOn of General Trade.
Crops are In Good Condition Railroad
Earnings show up very ravorahiy
big wheat Exports.


Earnings show mp very ravogabiS
big wheat Exports.
Special kilograms to Brr3sirrci'S, indicate
gradual improvement in the condition Of
general trade, particularly at the West, over
the moderate gains shown for the past few
weeks Warm dry weather has helped the
Indian corn crop and rice. sugar and even
cotton crops are in good condition
Receipts of wheat at Northwestern markets
as we'll as at New Orleans are reported block
aiding railway yards
Tobacco is in moderate sale, aud petroleum.
Is lower Hog products are firm on light ie
reiptsof hogs, and wheat flour is 1oa7io
higher per barrel. " in fair export inquiry.
Cal iornia fruit is very low, but wheat is ac'
i've there, with European export freight rates
very high.
Business failures in the United States mum.
her ISL, against 2i3 last week, aud 100 this
week las, year. The total January to date
is 552a against 666J last year
June net railway earnings arc among tho
best of the year aud compare especially favor
ably with the preceding mouths showing.
The tendency toward an increase is more pro
nounced than for some months. Gains by
groups are many and heavy.
BANK cLEAGiNos ron WEEK.
Bank clcarlpgs at Gay eight cities for the
week amount to 81 ,O03, S32. OF decrease from
the like week last year Of o,i per cent AZ
hhy-scven cities New York B total cxcludcdl
decrease Of 4.6 per cent is shown, pc
Crenscs were; at New York, Nl2 NpSWoi ut
Z 4 ID. III {. q "a
uO, aud at Chicago, s92n.Ou0, rs compared
with the week year ago.
Speculation in railway shares Is active and
higher, and continues To respond 10 the in
huenec OF good crops and the prospective ex'
ports.
The excited market for wheat and rye.
cnuscd by the prohibition Of the export of the
latter cereal FROM Russia, continued Tor sever
81 days, aud has been succeeded by nervous
unsettled feeling and naturally by reactions.
Wheat shows a net gain Of flr on the week.
although 4a5c lower than the highest point
touched on the boom. Corn " up hlc aud,
oats nre 2c higher, The jump Of rye prices
checked trading, aud quotations show a nomt'
nal decline Of ln2c since August 10.
mo EXPORTS of cEHrAiS.
The irmncss Of cereal markets rests on the
extraordinary exports, aud thus far is but
little influenced by the outlook for increasing
receipts at the West Oar London CORES
pendent this week increases his European
net import estimate for wheat for lS9l-H2 from
T 2Sl O10, 900 To $50, 600 900 bushels practically
eliminating Russia from the estimate.
Exports Of wheat from the United States
lcNclusivclyl this week, aggregate over . 700.
90 bushels, ngHint 5, IA 900 bushels Inst
week, aud i030,O0O bushels the week before.
United States ports aud Montreal in the week
year ago only exported 3. $50 90 bushels Of
wheat land flour rs wheat and exclusive of
Montrcal) only 2 7O3. 900 bushels IN the week
Of 1889. aud 9. 1896 400 bushels io 1885 Mon.
ire j and United Stntcs ports this week eX-
ported nearly 6,01lool bushels as against 2,
asa. 600 bushels in tie like week year ago.
For seven weeks oniing August - The total
wheat and hou-l exported from the United
Stutes was nearly 2j,W1.0n bushels. about
iuN0. 900 bushels more than "a like period In
1880. more than l3.0u. 0Olbushcls incxccss ms
compared with 1852 and fully 100000
. bushels cpufrastel with 1888