New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-03-18

...,, q, che list declined last week, and the aver
ge nrice fell 81 Sc per SHARE to the lowest point
touched this year
when the Government report of wheat In farm
.rS, hands appeared, the wheat market broke
badlv but has rallied little since rumors Of war
bacame current The net decline for the week
was 3 cents, in corn l cent and in oats Ia
cent The Official statement as to wheat Is pro-
noupced untrustworthy and much below the truth
by Bradstreets," but considering that an open
winter has favored the turning Of wheat into
-four, while the exports of -four have been 2,000-
600 barrels less for eight moths than for the
same months Of the previous year, It Is easy 90
suppose that there is on hand 100000 bushels
more wheat in form Of -four than usual. Inc
exports, notwithstanding the fall in prices, con-
tinue very small; for the latest week only $4,000
barrels Of -four, against 1000 last year, and OF
wheat only $4,000 bushels, against 100000 last
year, while Of the exports for the same week
were 1,642, 000 against 3eS,o00 bushels last year
The prices OF pork products have changed little,
and coffee has declined a quarter, and oil over
1 cent while cotton remains unchanged. The
receipts for the crop year thus far are $4,000
bales over last years, and the exports los, 900
bales over, while the entire quantity in sight thus
far is hut 1000 bales less than q year ago.
The monthly report of iron furnaces in blast
March / shows an increase in output of 851 tons
weekly over February /, whereas some decrease
WIS expected While the output is about 40 per
cent larger than year ago, all accounts indicate
that the demand for manufactured iron in various
forms is scanty and slow. The market for bar
iron called the poorest for years, and the ship
ments OF rails for two months have been only
1872. 1877 tons, which is not half the capacity Of
the works. In car building and structural iron
the demand has shrunzen materially The wool
market is about cent lower because Of confidence
that the coming clip will be large. A great strike
OF weavers at Fall River has scarcely affected the
market for goods as yet and is expected TO end
soon. The coal companies have made a larger
reduction in price than is usual at this season, and
IL is also stated that the traders already sell
ing below the new schedule. Transporting and
banking records Just now compare with those OF
the blizzard week last year, when business Of all
sorts was interrupted, but nevertheless show q
most encouraging volume Of business in progress
and reports from the interior generally indicate
improvement.
The loans Of New-York banks have mounted
above 100000, 900, and the deposits above
S442, 900. 900. while the reserve held was slightly
increased last week, according 10 the statement
but would probably have presented q different
appearance IL the fun effect Of gold exports had
been felt The Treasury helped TO some extent by
disbursements exceeding receipts by s1,7OO,o0O.
The money market continues comparatively steady,
the interior being we'll supplied and it is remarked
rs On encouraging feature that the Boston money
market Is undsturbed, Notwithstanding the fall in
copper and other stocks.