New-York tribune., 1890-07-14

riors in that month. While the demand Tor nm
ishcd products Of iron and steel is at present
sIight most of the mills have orders ahead lor
so,nc time. but the large advance III wages op-
tanned by iron-worlers in their annual srtt'heht
has made il diGicult for manufacturers 10 go On
without some improvement in prices oil pro""'tS'
and rs vet the production is 50 large tha' 10 soch
improvement has been possible. NJ every sISht
advance pig-iron is offered largely an" h'S ho'
Gained in price The inactivity Of many Wooileh
works restricts purchases of wool, ana prices at
the West are yielding, but tie heavy STOCKS oi
imported goods which are nowhere Will 90 lar
10 prevent Improvement in that industry lor the
rest of the year.
The most healthy of all the great industries at
present seems TO be the boot and shoe ih"uuIocO'
urc. which has fairly established small advance
of , IL to , per cent in prices over IasV year,
while the demand for leather ana hiucS kccPS
prices strong in spite of large production. onlP-
mcnts from Boston for six months OF the year
bovc been lSl0.74l cases against 1,70l,l5O last
vear n rain of 60 per cent, and against 9O9'ooo
cases in 1880 gain of s21 per cent IN zen years
This is almost the increase of the previous uec-
ade which was s4.3 per cent. lie coC'oh
manufacture shows but small gain this year, C"c
price of print cloths being half cent per S'I"
lower than q year ago, while cotton IS aiho'V
cent per pound higher. The quantity taken ~
SINNERS since September l IS only : J.! per WI"
over that OF the previous year, when Ihdc"''
an increase of 3S.9 per cent since looO. AS ~
silk, the imports of raw this year have been II
per cent more than last year, ana gam oN'i wv
Per cent In ten years
The railroads are doing profitable work, not
yirhstandiug wars which have now been in port
settled and notwithstanding the interference 0l
the Interstate law, which threatens to become
more serious In June the gain in gross earnings
was : "A per cent on lJl roads, and in earnings
pcr mile Sc per cent. In six months ending win
,Innc the earnings were $2l6o00,00O against
81 g3 600 900 last year, and the gain IN elrhihsS
pcr mile was 93 per cent. For the first week "i
July. twenty-siX road, reporting show gam o'
~ per cent. But tn" foreclosures ior tl' hI''
half Of the year have covered S92.O4',OoV sto'hH
and bonds. AGAINST Sg2.G13,0o0 for the S1me P'r'
Of last year, and only SCI $4,000 IN 1889 hA'
in 1857 and 1ss6 the amount was greater th"h
this year. and for the entire year lsNo ~ was
e9G4. .o0O. 600 The average price OF st"c"s o'-
clincd mainly because of gold exports rc''N'I'"@
some toward the Close of the wcc, after the silver
hin had passcd tie Scuatc, but ending % cents
per share lower than week ago
I'm other speculative markets no gr'"' '"''-'
occgr~ In spite OF tho OUhtihl IrV'T' ~ ~ '''''
which seems 70 Indicate yield OF 2'u'"'' ''
100000 bales more th3n last Year, the price -
still u cents for spot and coffee and sugar are
UNCHANGED Wheat was iorcibly holsi"d early m
the week. but declined again, closing with % gain
Of only a quarter of a cent. while corn gained
conf and oats 5-s cent. Wheat exports are l'r-er
for the first week of july, but tie latest accounts
app.r even more encouraging as - yield than me
Government report Of July /. Oil dropped u
cents and pork was little weaker. The circum-
stances do not now seem to favor any extended
speculation for an advance in either Of the prin-
cip,l products notwithstanding the Silver BILL
the bloom having been taken of that peach by
/ ,hc premature rise while ago.
Foreign commerce is not in all respects satls-
factory The increase in imports for two weeks
at Ncw-York las been As per cent over last
wear. which shows how industr!ously foreigners
are loading this market with goods while the
Senate DELAYS action on the tarih. But IN eN-
ports of merchandise decrease of per cent ap-
pears for two weeks partly because Of the haste 10
ret certain products forward quickly At this tim"
lasr year The Treasury has paid ont $3,6OO,OO0
more than il has taken in during the week, but
,bc banks absorbed - 100000 of the increase and
from them about $4,000, 900 Went abroad, So
thnt the change in active circulation has not been
! considerable.