New-York tribune., 1889-12-23
,, yopU rrm Me- fAo

deliverable at buyers option next year, is sal" 10
be under consideration, and also All oroer ior
81. 600 pounds wrough; iron pipe to he sent 10 the
Continent. the English price being nearly : -
cents higher than the American, accoralhg W
pnb nblished reports The demand OF Brltsn MINERS
for another advance Of 10 per cent IN wages iol-
loving advances amounting to 20 per cent during
the year. threatens such rise In the cost OF pro-
duction that English makers seriously douoD
whether they will be able TO retain their markers
if the higher wages are conceded. But pro
longcd strike would involve such loss that the
men seem to have power to dictate terms.
In the woollen industry some signs OF improve
ment are still seen for some grades oi goous '
slight advance last years price is ODtlheu, anu
the number of mills at work does not seem 10 nave
decreased The sales at Boston last .&ere
small, the market at Philadelphia was dul, ana
the receipts at Chicago continue far below last
years, but the situation is not worse, Dut aP-
parently better than a month ago. The cotton
industry is fully employed, and prices of some
kinds Of goods have improved. Other industries
are generally active, with labor fully employeu'
The volume of trade indicated by cearincs last
week at oil the cities outside New-iork was ABOUT
I per cent larger than for the same week in 1855
first and forty-one for the second week OF De-
cember show a gain Of 10 l-2 per cent, in part
because of higher charges than were made year
ago, but also in part because the tonnage IS con-
sderably larger.
Business in the interior has been much retarded
by the mild weather and the bad condition of
country roads, which prevent retail sales and col
lectons from retailers TO such an extent that at
some points serious disturbance is apprehended
The number Of failures in the country is larger
than usual and while most of them are small, the
week has seen one at the West and two at the
East of considerable magnitude. The depres-
sion in the coal trade cannot be expected to
cease as long the weather continues mild, and
the stocks on hand at the end of November were
III 1874 tons against jG0,233 last year, although
the production in that month was reduced
BAG, 900 tons. Sugar, both raw and refined, de-
clned quarter to threc-eighths last week, the
deliveries from the new Sprcckcs refinery at
Philadelphia being at prices below those previ-
ousy current Coffee also declined half a cent
Cotton sixteenth lower, Notwithstanding
receipts and exports fell shade below those of
the corresponding week last year: fer the month
thus far the decrease in receipts has been 1000
and the exports $4,000 bales. Estimates are
published putting the yield from 1900, 900 TO
7,5O0,OUO bales, Dut the foreign consumption Is
surprisingly large. The wheat movement has not
been affected yet by the rise in price, which
was one cent last week, and in two weeks of De-
cember 917, ,053 bushels went ont from Atlantic
ports besides 450,44l barrels -four. But the
movement in corn continued remarkably large,
especially at Baltimore, in two weeks 2,55O, ,?02
bushels having been exported, and yet the price
has fallen about cent
The money market here is less stringent. and
the banks have increased reserves and also loans
But it is not to be expected that great change will
appear until money returns in full supply from the
West and South and during the last three weeks
the banks of this city have gained less than
81 900, 900, although the Treasury has paid ont
about S5,000,000 more than it has taken in.
The uncertainty about affairs in Brazil,
the illness of the Emperor of Ger
many, and the feeling that political complications
might arise there or in Portugal tend to delay
the restoration of entire confidence in European
money markets. But with American exports of
products surprisingly heavy in October and No
vember, foreign money markets have compara-
lively little influence here. In December thus
far, however, exports from New-Yorll have fallen
II 1-2 per cent below those of last year. while
the increase in imports at New-York has been
22 per cent.