New-York tribune., 1885-01-19

Thus the export value of barrel Of -four In December
1881 20 and 81 81 lower respectively than in
December 1888 and 1892 and the average for the whole
year OF 1884 respectively SO and 81 cents lower
than in 1883 and 1892. The decline in hour was less
than grain each year the quality Of that ex-
ported has been better than I'm the preceding years
Wheat averaged in December 1884 20 cents less than IN
December lss3 and 2S less than in 1882 and for
the whole year received for 70.5O0.OOo bushels
900 less than in 1893 received for G94OoOO0
bushels. As all the transportation compaues. on land
and sea. have been compelled to contribute
part toward the lower values, the foregoing analysts
goes far towar explaining tue existing unsatisfactory
condition of affairs But 1t shows that the future course
OF business in this country hingcs ~ lnnch upon te
European crops Of season rs upon the success OF our
own. , ., ,..,....
affairs which was noted week ago but which was tnen
referred to more matter of sentiment than
because OF any actual change Of eondtio1 suffered
several important and serious enee"' During
last week Tho failures were ro..Ia numerous Inhn
j. Cisco & SON. of this city, and Mcssrs Oliver Bros OF
Pittsburg Of first Importance ana furthest recn
Ing Naturally suspensions of that class. ut time when
the city banks are carrying surplus OF S2nVooVrVo
equal to SO of their capa and money Is drug AT re
per cent upon any negotiable collateral although less
distressing to solvent creditors evcites moro spprene
sion than when they occur IN periods or great monetary
pool although the worst has thresening for long
lime another indication that the prospects OK trac
of tina railroads The Pennsylvania Railway IN IT'S
reduction tp "a 81 fare for snigrants from New,
strike the other roads with all the force II
can with ltte damage ~ possible to It's own local
lra,c That the action was q staggering blow Is shown
by the fact that all Of yesterday passed without any
response from the other lines Tae dhcniles OF i Iie
situation reflected in the receipts OF -four and grain
In this city During the as five days the receipts by the
New-York Central Erie. Pennsy lyanla Delaware Lack,
wanna aud tern and West Shore 2.o2 ears or
ran nd So 37I barrels Of -four. The three oil lines
could have handled the whole quantity without Degln-
ming to tax their capacity but the Delaware LacKawan
and Western brought OF the totals 397 cars or grain ana
II Ii barrels -four and the West Shore broua ut 400
cars OF grain and l00l5 barrels. OF Hour: TIC total
tonnage OF the Delaware Lackawanua and western and
Vest Shore were each greater than her the Penn
sylyanIa or Erie and than one half OF that or New
York Central irrespective Of rates the new road VIII
continue TO divide the business with the old lines
And finally, the inside Information concerning the trans
pora question at the West to the ehect tna tnere
IL 4, about as badly dcmorazed as 10 Is at the East
What will the trouble except growth OF trac up
10 the capac OF the well as OF TIE old lines IA
clear.
The weeks speculation In wheat was varied and hictu
ating aud finally marks decline OF about y cent corn
closed al her than week ago The receipts of
hOh wheat at the Western ports were Dera as
al so was the Eastern movement OF corn
The receipts aud shipments Of wheat corn and oats at
the prime pal Western points Of accumulation Tor Tour
weeks compare as follows: