New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-09-08

Ice. xear. These EVIDENCE
ceh' sNa .onclusion that the eAPanoo
,"ru..o business has made use LOT nono. in
ouounts ~ money, as well as IL :, issued a
"nioo secretarv Window has not Only cents
aond o,II for 500. 900, 900 Of the IL p nur'
Secono az ~ q, ooo 600 have already been pun
.nd boucbt 700, 500 ounces sli'el
NC" h"t has now offered to prepay ~
1919, 20 and including that due july h'N
.no , nor cont bonds, which will amount 100,
So4 900 900. the proponents 10 nsin .;l,Io that.
and IN continue one month. IL ~
should disbursements be large uh"1i o,d co
visions. prices may again he star'e" outrun
that the demand may once mort q"i'N .r.H
the supply. But in any event Tic en ;. .r.cu.
in progress renders the supply OF uione'
lative uses comparatively uncertain oo,e
II NAV he doubted whether the decline III S''oN''
,,h;ch averaged IS cents per share last week. was
mainly due to monetary Influences " onon.
odoouot. reasons for decline appeared. ii oi'P
> short. tIe railroads must inevitably nave .
freight IN move. The Interstate Con'niiss'o" ''
,ivon furthcr time for the execution OF Ito oi".''
which fixes MAXIMUM rates on freight net"eeh Az
Missouri and points in Kansos. Nebraska Mio'o"--
and Iowa. and points on the MISSISSIPPI
and tho Lakes. But the order Is not nic"i"'"'
and its nature may be inferred from the pr
that tbe rates shall not be lower thah o - "i
nrr ton per mile for distances less Wv"
miles. or lower than u mills LOT any ~.
Such rates. with short crops, "oni" MANI
prospect for railroads in that extensive rts'o" nO'
uninviting. Besides much selling ol "'""'
stochs. which these facts eNpi'ln. 'Nere "n,"
4 sharp attack on the management "i nv i
ro,,r,I and q decline in coal stocks, that 'ra"c
having failei TO answer efforts made TO ad'"h''
nriccs. RailIoati earnings IN August "rlc w.
last wears. bat the increase has pceh S"ii'"i"7'
and for the last week no mcreas, has Se' -.
Prices of commodities have Heh
more favorable accounts Of yield, ana nave -"
. c.n,s for wheat. corn nearly / cent, and COTTON
"a cont Pork products were hcld oS p'"''i"i
oncrators. lest tie failure Of Il large commission
bo.lsr here should prove disastrous lh"V IAN
ure .erms to lave resulted from the collapse III
wheat and other products, but tie ShrlhKaee VI
the foreign demand gave ample warning 'ha'
e,c,ulat;yc urice, for silver wOild not necessarily
mako spcculatiy. prices tor the great 'Npor'aple
s,,nlcs safe or possible In the last week oi aug
u.,. ONLY 2,..Uo0 bushels of wheat were cNpor'r"'
acain,, I,i,p, 900 for the samr week last year,
and i6j,O00 bushels corn, against OS''o"" "'0
year. Cotton Nports have been smaller hr Ho"c
limo and last week we're but $1,000 nales, against
~ 600 bales last year. though the increase IL lc-
ccipt, was 81, 1000 bales, or 50 per cent. Inc
failures in Liverpool and New-orleans hah 'he
less effect because there was every reason 10 IN
,ect such an ending OF the recent speculation III
that product. Dill closed a shade higher. ana
SUGAR advanced from Ia 10 IL cent for diner-
cnt era ,es. Iron did not decline, wool was
more firm than Of late with better buying, ana The
minor metals were strong.
The lowering Of prices to such o point ms 10
Kermit lar.er rAp"i's has become OF Importance
10 the financial world. Last week the value oil
dome, sic exports iiom Ncr.Iprt vas about 80
pcr cent less than tor the corresponding week
last year, while the imports were a million larser'
or over 10 per cent. There is plenty OF unam-
| ployed capital abroad for use in this country, pro-
vi,led the course Of prices dn not cause a scarcity
Of commercial bills. The final action OF the SEN
ATE on the Tariff hill, il reached this week, may
remove an important cause of uncertainty. though
il comes too late 10 produce the best effects until
another season Under the circumstances the
woollrn good, market has shown more activity
than Was c\pectcd. while cottOns are in strong de-
mnnd. and the sales OF leather and leather goods
continue large. II is also noteworthy that the
demand for building materials docs not abatc.