New-York tribune., 1884-12-01
HE MONEY MARKET.
spnDAY. Nov. 30, p. N.

sunDAY. Nov. 3c,-r N.
uisunfortnna,e but mono tho less true that dige'
study of the situation, revealed by the various "
rcports and the statistics Of last week, fails to develop
any real Improvement In business aiairs OF inc p'
meet of any during Gaming winter months Here anu
there we note resumpon OF work at isolated s lhaV
have been closed, but greater number In the ageros
have suspended. about TO suspch"' NJ
duction OF wages "a general and pronineh' 'o"'"i
OF the week In nearly all departments OF trade even
extending to the salaries of employees in the mcrcaho
trade-a class Of business that handles the product Oh
others only Ia distribute II to the consumers, ana whc
usually is able hold its margin OF plJht upon wh'
does whether prices for commodities are high or low
There is a general confusion OF ideas as to the reaVe
consumption of one period with another. and people
talk OF decline expansion as II 1t was not controio"
by actual necessities. Probably one years real con-
sumpton ia much Ike another, except that
with the growth Of population there Amust DC
An increase No II a child born than II begins 10
wear out either the products OF cotton or linen NO;
is waste and the Overpuchases OF hush times thal e
courage the creations of plants. be 1t In agriculture
manufactures, shipping railways, that finally pro
dnces what il called production. There Is many
household in this city which will wear out just as ue
but will not purchase dollars worth Of either
Hard times contraction of Incomes SIMPLY
srees ds upU ,nu and the cochmsu and maid enjoy
smaller perquisites from the wardrobes of the mas.e
and Hence tho dIl trade at the retailers ana
so up through the commission houses to the fountain
heads the manufacturer importer and. finally, 10 inc
cotton i'm the field wool the sleeps back ana the
silk in the cocoon. The three years snort
crops in Europe in like manner slnu-
lated the growth of wheat not only IN thiS
country but also IN Australia aud india until overpo-
ducton has reached agricultural products and the pro
duccr 500 or 900 miles OF ~. Paul either h0ar,
lis wheat or sells IL at 35a3s cents bushe. II OF
course s yond the power o the human Will to limit
each years production 10 each years real hcceHsurS,
but were IL possible there would be an emu 10
unhealthy expansions and TO the periods Oh
dc prc.snn which certainly follow. But we now
fast travelling the road toward the bottom plane ana
II is only "A uucsiion of tmchow long Is beyond our Ken
when the outfits Of extravaganza VIII De cthauh'eu
and the natural In consumption VIII begin 10
grow toward the present capacities OF production we
oull spcrd the lime il We could, but the saying that
twice 95 100 will make two silver quarters pass
current for one dollar. 80 ---t-, 500.
The spccuatiOn In cereals last week while varied wa
| fame Chicago prices show final declines OF ab0n q
cent for wheat while NcwYork the final figures snow
changes not cycecdng cent Corn is A cent lower TOT
he near optioS and cent lower for May al thcago
while a New York there advance OF Il a i2 cent
usually large but the aggregate OF receipts m h tle
Western points accommodation were 32OVOo DuhneI@
less than the cdug week, and the movements Es
ward were reduced than 80 per cent iOih MAKE
| n good showing both In receipts and shipments Inc
nrners deliveries Of wheat at the western points SINCE
seutrnbcr are now 700 900 bushels In excess OF those
for The same time of lSs3 and 2,SOO,OOO bushels III cN
cess of 1882 and the visible supply east Of the ROCK
Mountains now is 5000 900 bushels greater than NJ date
1898 and IL 100000 bushels greater than at ua'e OF
1882. ..- ~.
lhc receipts and shipments OF wheat corn and oats NJ
the principal Western points Of accumulation Tor fOur
Spp ks re- follows: