New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-30

the last few months will be returned to US early
In October, and additional amounts later in the
terlaliy changes from its present peaceful aspect
TIE GENERAL SITUATION.
The weeks developments were nearly all on the
side OF encouragement The home political situation
seems to be growing clearer and more satisfactory
The prospects for the growing crops where
changed, were toward improvements On the
other hand. the advices received concerning the
European crops, particularly Of English and French
wheat and German rye, were indicative oil furthcI
damage and smaller Yields than earlier reports had
promised The truth Of the latest advices was evil
dctced by the active buying OF wheat for export at
cents higher than the ruling prices OF year ago
There are indications Of better demand and bet
ter prices for iron. he business Of the last SIX
months, however, except as relating to the prices
obtained for the product, cannot be regarded rs
unsatisfactory. The official reports show that
from January TO June 30 the production OF PIC
iron was 3.3s2,503 tons, against 3.4l5,2l0 tons
for the same period OF s67, n decrease OF only
33. 307 tons while the stock on hand remaining
unsOld at the end OF June 40l 266 tons, which
is stated to he less than n three weeks supply
The Engineering and Mining Journal remarks
upon these figures:
" 1t is easy TO see how suddenly the market may
change, and how quickly boom in prices would
follow O very moderate increase in the demand
Manufacturers all carrying very light stocks
r. G. Dun & Co.'S weekly circular saws Re-
ports OF domestic trade are almost uniformly en-
couraging. Though duncss yet preva lis improve
ment appears at many points,
RAILROAD EARNINGS.
The reports of railroad gross earnings for the
third week in July making more favorable
comparisons with the returns of year ago than
did those for the first two weeks Of the
month. THE TRIBUNE has printed the re-
turns OF forty-one companies or systems
which give an average net gain on the week o.
1887 Of 7.7s per cent-the same com panies in
the week of ss7 returned gains of over ! ? pei
cent on the week OF ss6. or the whole number
thirty-one companies return gains and ten others
return losses
We have printed the returns OF sixty-sx com.
panies or systems for the second week OF
July, giving an aggregate of S4144,3 72' against
81 1871 for the week Of 1887, a gain OF
s43.635 or / O6 per cent-the week CT 1887 re-
turns gains on that Of $50 OF about per cent
Sevcnfy-seven companies or systems have maze
their full statements for the month Of May. Inc
net earnings average decline Of 5.3l per cent
from those Of May, lsSi-the net earnings oil
May 1891 return gains on May, $50. OF about
% per cent. The foregoing statements ana the
figures of the sublOined table do not include me
earnings Of the Burlington and Quincy and the
Atchison. Topeka and Santa Fc.
Twenty-eight companies or systems have mace
their full statements for the month OF June, re-
turning an aggregate OF net earnings OF 50, 5sV',
4sO against So e9,397 for June, 1854 gain OF
s21 0, O53, or a. 05 per cent The net earnings fOr
June 1887 showed an Improvement of over ~
per cent on June, 1856. The following, tables
divide the aggregates OF the companies showing
losses from those showing gains:
GROSS EARNINGS
80 Co.'S &l.963. bsB 81. l9i.5lb Inc sZoJ.cov u. -
~ Co.'s . 2l37 .O5l 1919, $50 Dec 1915 esl
Total GO Co.'S s41OO 737 s4144 1872 Inc. s43635 Loo
Al Cds 90 4ss 400 So 731 100 Inc. sce7. $40 y "A
Ia 70, 5S5 300 4ls $50 Dec 66.47O 2.42
Total Il Co.'S 60 oes 059 80 1e9 $50 Inc. 1921 200 rs
NET EARNINGS.
Mouth Of May 1887. ISIS DlTncs Pr 60
az Co.'s 81 265 9i9 81 $50 9sj Inc. 1924 0cG . p
90 Co.'S 49,. s1eGOGl 7111.197 Dec 105i. s67 1871
Total II Co.'s s12431 $50 Sill 711S2 Dec C0osOl 591
81 Co.'S 81. oos 5Gs - 5o9 2i5 Inc s29oG7 e.es
Co.'s s95s29 sOG.235 Dec. 50, 1914 1000
Total % Co.'S ~ 80 3Q7 & 90 Inc s9fOOe3 4O5