Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1892-05-14
TRADE OF THE week.
Business Greatly Retarded by the
Recent Heavy Rains.
Money Everywhere Ahundant-Di stribu-
tion of Dress Goods Unprecedented
The Failures.

Money Everywhere ACKNOWLEDGEMENTS
tion of Dress Goods Unprecedented
The Failures.
r. G. Dun & Co.'S weekly review is as fol
lows; The business failures occurring through
out the country during the last seven days
as reported 10 r. G. Dun & Co., number for
the Unite States lSG and for Canada %.
For the corresponding week of last year the
figures were 242, representing 2i2 failures in
,he United States aud so in the Dominion of
Canada.
Business has been much retarded through
out most of the Western States by unusual
and continued rains The movement OF pro-
ducts is thus delayed, though it is believed
temporarily; collections are retarded. Seed
ing in many quarters is interrupted, though
on the whole fairly advanced for the season.
snd distribution of goods is checked. A
somewhat better tone appears at the South
and business at the east is fairly active for the
season. although in some lines dull and de.
pressed.
Money is everywhere abundant, in part be.
cause the demand is smaller than usual; but
this is in measure due 10 the unusua, con.
scrvatsm of the trade, buyers making many
small purchases instead OF larger purchases
aud waiting more carefully Tor actual dis.
trbution.
Sales Of wool this year ut the three great
markets have been %, 2S2, Sc pounds, against
81, lU0 10 last ear, gain of per cent. In
curry Tor cottous is large and improving.
Western stocks being small and trade in prints
fair for the season. The iron trade shows
larger Transactions but TO better prices A
thousand coke ovens have stopped ut Connells-
willie because the manufacture is slackenng
but more inquiry is seen for rails
Wheat met the exptc ed reaction, selling A
and recovering cents. Receipts and exports
are both larger, but stocks in the country far
exceed any probable demand. Corn has risen
y cents with small sales and oats cent. Cot.
Ton is ll6 higher, though receipts aud ex.
ports exceed last years because of sensational
accounts of decrease in acreage
Pork products are a shade lower and coffee
week nj decline. Receipts of cattle at Chi.
ego in April we're the largest ever known in
that month, exceeding last years by 10 per
cent.
There has been large speculation in tin, but
copper seems 'carce for immediate delivery
and lead is strong. Coal is dull. though firm
but purchases OF coal properties by the Penn.
sylyania enlarge the probable competition.
The money market is not disturbed by ex.
ports Of over g GOO, 900 gold last week. though
=, ZOO 900 has already been engaged TO GO this
week. Banks are well supplied and the
Treasury cannot accumulate. its revenue for
ten months being S3S, 000, COO short of last
years. 1t has paid cut during the past week
s., 200, 600 in gold and notes. Exports for the
week were little less than last year and i'm.
ports have been little larger.
The stock market has been disturbed by A
sharp decline in sugar stock owing 10 reports
of legal action against the trust. and by diff.
cuities in the Richmond Terminal reorganiza-
ton. But there has been less Indication of
foreign selling within the past week.