Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1891-11-21
REVIEW OF TRADE.
Business Entirely Recovered from Re-
cent Slight Disturbances
Novelnber's Iron output the Greatest Ever
Known, and UnsoId stocks
Largely Increased.


The business failures occurring III oughogt
the country during the last seven days as re,
ported 10 Il. G. Dun & Co, number for the
United States 25S and Tor Canada IS, or a to'ai
o. 29l, as compared with totals of 266 last
week and a55 the week previous 10 the last
For the corresf onding week Of last year the
figures were 266 representing pa failures in
the United States ami q in the Dominion Of
Canada.
Business has en- irely recovered from the
Slight disturbance caused Nv the Maverick
Rank failure. Money at New York has fallen
again to per cent. on call, and at Boston
plenty is offering, and rates are steady. Trade
is large in volume for the season, and many
ines, especially at the West, the largest ever
known. But margins for profits are narrow
and the tendency Of prices is not toward i'm
proven mt in that respect, for, while Tread
stufis advance, most manufactured products
tend 10 decline. Records Of mortgages satisfied
IN western countries show that enormous sums
are taken for that purpose by farmers from
heir rece pts 80 thai an unusual proportion
Of the money paid for crops goes TO cancel
debts created in the past years. Doubles
This, in part, explains the iaet that the de
nand tor various manufactured products las
not yet increased rs largely as We expected
III view OF the great crops laised.
The iron output November was the great
st ever known, Isl, So tons weekly against
ISL 6l5 October I, and la, S46 December |.
last year, hitherto the maximum. Uusold
stocks have largely iner, ased, partica ary OF
coke iron he best sign for the week is The
placing of orders for 90, COZ ions ofraiis by the
If fsft-
ured iron do not appear in greater demand.
Coal is dull; lake copper is offered at llsernts
holdings OF tin are heavy at $3.50, aud lead
is low at 81 10.
Speculations during the past week has been
more active, wheat advancing scents on sales
of 60, coo, COO bushels here, corn advancing
cents per pot, but scarcely higher .or NoYem-
Der delivery, with sales of p, 500 oO0 bushels
and oats unchanged Oil is shade stronger
at 60 cents. The enormous cotton movement
from plantations has again depressed the price
TO II cents.
Reports from other cities show great hope
fitness.
AT Philadelphia trade in dress goods is more
active but mild weather retards sales of heavy
woolens, blankets, and tlaHnels; the jewelry
trade is fair, paints and glass improving. oil
in good demand, the carriage trade dull wool
more active, and chemicals and groceries un-
changed.
At The south, cotton receipts are very large
but much is held because of low prices the
rice movement is heavy at New Orleans, nnd
receipts ofsugar large, with groceries fairly
active. Turpentine receipts are large az
Charleston, and considerable improvement Is
seen in trade at Savannah and jacksonville
The wool manufacture and the clothiers are
waiting, but agents are exceedingly hopeful
and trade in knit goods is satisfactory.
Cotton goods are in fair demand, but print
cloths aceumulating. Orders for loot, and
shoes are increasing, particularly from the
South, for mems split and women's light grain
boots, while the West is rather backward.
The stock market isdull and depres ed.
The money markets are well supplied for
legitimate business, and there is distinct i'm
provement in collections as products nrc mar
teted.