Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1892-02-06
NO. 81.
State OF TRADE.
Increased Sales Result in Some
Yielding in Prices.
Less Activity In Cation Goods Better
Feeling In the Wool Market--Collee-
tions Generally Good.

Less Activity In Cotton Goods Better
Feeling In the Wool Market--Collec-
tions Generally Good.
The business failures occurring throughout
the country during the last seven days, as re-
ported 10 R. G. Dunn & Co., number for the
Unite States 25S and for Canada A. or a
total Of 297, as compared with the totals Of
S2S last week aud $50 the week
previous to the last. For the corresponding
week of las; year the figures were $50, repre-
senting 27s lures in the United States, and
a in the Dominion Of Canada.
II is undeniable that there exists con
sid rable feeling of disappointment. More
business, but at lower prices, seems TO be the
rule. That the volume Of trade is gradually
increasing, even in branches which have been
dullest there seems to be no doubt. But, in
an unusual number of cases, increased sales
appears to be the result of some yielding in
prices, so that the average decline in prices OF
all commodities during the past week has
been more than half Of per cent Money
continues in abundant supply the movement
Of products continues large, and extraordinary
exports in December, amounting to almost
$4,000, 600, against % 100000 last year, at
tract especial attention. The foreign trade Of
the country in 1891 was greater in exports
and also in imports than that Of any previous
year.
There is more business done in iron, but
increase in weekly output since the unprece.
dented report OF December LIST has weakened
the price, so that the homas Company has
reduced No. anthracite 80 cents, 10 $3.50,
and Bessemer iron is so cents lower at Pitts
burg. Bar iron is dull at Philadelphia and
weak at Chicago, and the market for plates 10
demoralized by large production, while some
structural mil are short OF work. Copper Is
lower at &c., with moderate exports and a
great output Tin is lower at 1910 cents, but
lead stronger at f. cents. Coal is unsettled,
with n cut Of 90 cents on the old rates by the
Lehigh and, nevertheless, agents have re-
solved TO raise the schedule prices % cents per
ton.
Reports from other cities generally indicate
n gradual increase in the volume OF trade.
There is a better feeling in the wool market,
however at New York as at Boston, and the
continuing sales prove that manufacturing has
by no means ceased. Cotton is an eighth
lower at ~ cents, with enormous receipts for
the season, and sales of SS7 900 bales here.
While both receipts and exports fall some
what behind those Of last year for the same
week, the indications still point TO very
large crop.
Corn is ic. higher with heavy receipts at
the West, and pork products little stronger.
But wheat is llc and oas &c. lower than a
week ago. Wheat receipts having beenquits
large, while the exports for the last week or
two have somewhat declined. Oil is nearly a
cent lower, and coffee quarter stronger.
The money markets throughout the country
are unusually well supplied, but in part be-
cause the demand is only moderate. Collec.
lions are generally improving or decidedly
good. At New York the money on call has
declined IRON 2 to / ! per cent, and the ] rcas-
ury has paid out about 81, 200, 600 more than
it has taken in during the week.