New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-03-30
,,DCEY md BUSINESS.

The April pinch does not coihc' "a "'ei'
Of pressure there may be. for n day or t"o' '"'
IT, is now evident that the serious s'rl"e'n'S
which many apprchend at this time of spring
.o.,Ioucnts will not materialiZc. Neither nave
GOLD exports assumed serious proportions, except
in SOM, infamed VACCINATIONS. Better YET moSo
~ tho State Legislatures have followed Congress
into roncxistence. and their inability 10 do inr-
thor harm giVes positive relief. Best OF all
Anri has nearly come and the wheat prospects
arc exceedingly bright. The acreage OF winter
wheat has been largely increased, ana the coHui-
finn is all that could be desired at this soaSoh'
Rut with many causes for Improvement 'nc
ALLEGED stock market does not improve cNccP'
bomcopathcally. The average OF prices Is sil'uc
hotter than H. was last week, and about wheic
il was two weeks ago.
Tho mischief which Western legislators did was
rc,I thongh nothing to which they might nave
dime The Nebraska maximum rate law Is de-
cl,rcd by angry railroad managers to he an cdlc'
81 bankruptcy for many Western roads. bnt 'hrFe
* a prevalent public feeling that they have crled
wolf" too often. and are prone to cNaGgcra'c 'hci
dancers and wrongs. The act H. IN lac'' ABOUT
equivalent 10 the Iowa law. which has pceh en-
fn~ccd long enough 10 show its effects. Those
effects have been by no means so DAD IL many
feared and PREDICTED and get bad enough ~
inc through the State have failed To earn operating
,Nrcu>cs some others have failed to earn hNcd
,borocs Few have been able to earn anything
for stockholders Yet all have made great efforts
10 economic expenses. 50 great that the character
If the service the number and speed oil Inc
trains The supply Of car, for freight. and the
rscfuIrcs, OF roads Ia the public generally nave
all dc,crioratrd Railroad building has been
STAINED and is not al present likely To DC re-
sumrd II there are 10 be- added III Nebraska
effects similar 10 those witnessed III Iowa. wv
influence Noon the value %; Western railroads
Will bc important But bad crops have made the
trouble greater than il would have been othcr-
wise. and in good yeas results would " 'Ss
unfavorahlc The 5000 miles al railroad IN low"
are now assessed for taxation at about "4''o'"'-
o0o or $500 per mile. and the companies
generally protest that the rating cannot iairS
be raised
T. cannot 10 said that general business IS On
ttrc,y satisfactory, but neither is 1t iahgulshlhg'
Las,-bound shipments from Chicago for three
weeks of March have been ?!j.S99 tons, against
esoIlg last year. but the decrease III grain ton
mage goes far ~ explain the lGss. The receipts
Of all Grain al Western points during three weeks
or March were IS0lG.;f? bushels. against 25'1l-'
$50 last year Il loss of H. per cent though " II
,bi,,pcp,. from Chicago wa, ~ per cent. in spite
If the large gain in provisions and ca',l' II Is
o,eo truc that exchanges outside Ncw-lorlI for
March will fall little behind those Of last year.
ard if is the nrsl month sine" June. 1855, in
which any decrease has appeared IN comparison
Wan the corresponding month of Il previous year.
In vic,y of the great advance in prices any de-
erase implic, large lom in quantities exchanged.
Tie average ID prices was Ij.S per cent higher
n the beginning Of March than year ago. l6.n
pcr con, hiahcr at the end. and i5.j per cent
,or Tie month. With so much loss business dove
as I, quantity. the months work can har lily bc
called highly satisfactory
In cotton. changes have been the other way
the price is % GEMS lower than year ago, bat
the movement much larger Receipts for the
month SHOW increase of l??,000 bale. ana exports
II 600. while takirgs OF Northern sp!nners m
crrnerd 3 | Oo0 bales ON the other hand wI"at
continues TO come forward every week IN larger
onau1t.cs than u year ago. receipts at primary
markets having hccn G.ISljJl bushels for three
weeks of March, against i,l3o,o"" last year.
though exports Tor the same weeks were s3l 300
bushels from Atlantic porte against l.3i3,O'6
last year In spite Of this. ana The fact mat
there is large surplus on hand beyond all PROT
able requirements. the price ~ no lover IMAM
week ana - l. cents HIEifI 'H"H N'"'
ago. such a market is cminrntly calculated 10
ensure over production another year. torn mas
risen / IL cents, bat oats shade lower
Pork products are stronger, in spite of the fact
that 10000 hogs were packed IN eighteen days
of March, against $4,000 last gear.
The railroads still accuse each other of rate
cutiiur. But earnings show gains, for ninety
two roads the first, eighty mine the second and
| tbriv-scvcn the third week of March, $l6,63i,-
lo4 AGAINST 81 996,532 last year, over per
cent i'm spite of decreased tonnage. II II clear
| that the roads are getting better rates on the
| whole, throwing upon producers and consumers
| fine loss from failure of crops. II Is often sad
that prices OF stocks low, and the average now
SIS a. was $50 :, last year nj the same date, but
| only $50 % in 1889 and so IL III 1858. IN all
tbcs.. years an advance began about tins time, he
cause unemployed money came back III mr@e
amounts The same experience may he repeated
this year. but new industrial works OF al SORTS
are now absorbing large capital
The money market has grown little closer rs
Auril settlements approach, but Treasury dsbnise-
mcnts for the week exceeded receipts by S4,ooo,-
600 besides issues Of 100000 silver notes. with
n,siness of the ordinary kind comparatively dull,
tborc would naturally he an over supply of chcl-
| i,;on but for the ncw industrial enterprises and
thc heavy speculation in some products. Some
! ;r,erior markets are rather stringent, mt, as a
ruIc money is easier, Notwithstanding general
| comnloint of slow collections Storms ana bad
| country roads tend 10 Ictard settlements nut
,herc is no evidence Of commercial uns )undnesa'
stocks OH hand are smaller than usual, ana dul-
noes j.; trade is largely due to the unusual caution
and prudence Of buyers.
| A., Iiti,ois l.osIator has prrplred bill prov