New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-09-15

cca rings ut all points outside New-YorR 1or sep
tcmtrr thus far compared with last year mas Deen
lG pcr cent but at the West it was aoo"O :" p
cont In that region the building OF nc" "".''
cities. towns and avenues OF tra"c ooto i0i
more currency, but in Older E's'''" ,,I
volume of trade, with prices ''e ''''' w.
he mainly served by increased cNch!"e'',
NJ -, OOO 600 wage carncrs may N roughly rech-
oncd at $3.50 600, 900 per week, ana OIL ''e p
ton spent in living the advance III prizes ''r
last year would call for cash paymc'.s VI 0i''
about $l3,OOO,0O0 more each week W. Ny..
narisous suffice to indicate that the main diihc"i'S
~ resnects n suppv of money is that largely IN
creased sums are employed in commerciai otet"-
lions. partcularly because Of speculation ana l'e
hindrance Of the free movement OF products.
Wheat suddenly advanced 8 CENTS corn apo"C
as much. and oats about 3 cents, after the uhia'-
orable crop report for September issued by inc
Agricultural Department. Wheat has since s'C
tied backward again, that the gam o"ii"s
the week was but . 20 cents, ana eApor's ",e
hardly half of last years. Prices oi COT anu oo'
are firmly maintained by the expectation VI coh'
narrative scarcity. Cotton moves Freely haN"s
declined materially in price prior 10 I'S' "'rN'
ard ON norts for tw0 weeks Of September snow u
cnin Of 20. 600 bales in value nearly $l,ooo'ooo.
Pork products are lower, but hogs higher, all"
coffee and raw sugar have both advanced s'''ue'
though refined sugars are 4 little lower ''ooN'
have been accelerated in depression ~ tNe Ni"'"i
of the Sugar Trust TO pay divl1eho oe'e'." !"
have been earned. The average price oi s'ocNS Nv
Pho close OF the week was the lowest since the mid
die OF April, having declined for the week 81 -
per share, and the decrease in two weeks has Dcch
70 o pcr share. Monetary stringcncy has been
tho c,icf cause and another " bear panic is con-
Gdcntly expected if the Treasury can he ihducea
IN come forward with more "rcliel. B'it the
Treasury has put out 81 500. 900 more than it has
taken in during the past week, and SlJ,5oo'ooo
during the last three wccNS. and the VOLUME Oh cur
rcncy in circulation must now IKE c"hSiofraoiJ
greater than at any former PERIOD 'h""Gh '"c
banks have not prevented heavy loss OF reserves
The more important industries are not appar-
entity affected as yet by monetary DISTURBANCES
The weekly output Of pig iron has risen from
1Gl. 70s tons August |, to 1916 September l.
while ONLY moderate signs Of weakness appear III
the markets. The demand for nearly all forms
of finished iron and steel is surprisingly hrge, and
the works are crowded with orders. WOOL 10
much more freely sold than in August, thohsh aC
some concession, and the demand Ior "ooiic"
goods Is considered clearly better. Inc iea'hef
and boot and shoe trades maintain prices l""S
with heavy transactions, though the increase over
last year has been nut Slchucr VI I'oc' i"'N ."
noted sharp decline in building and IN real cs-
tate transactions at Philadelphia and some othe'
cities and the brick controversy here ahcctS
oprtions Railroad building and the demand
for steel rails do not show the expected recovery
and the coal business is disappointing. Hnt Inc
state Of industry and Of legitimate trade IS %
the whole remarkably satisfactory, considering
that the wears crops must fall short Of cXpecta-
,ions The monetary trouble alone binders prog
rcss and il is 10 Dc noted that the banks OF Eng
land. France and Germany lost over S6,ooo.o"o
gold last week, and money markets abroad are
hardening, which lessons the chance Of monetary
reinforcement from that quarter II exports revive