New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-02-23

nclsyille and the probable stoppage OF many
furnaces and other iron works before il encs'
have impaired temporary frmncss to the price
of iron, but a lasting Myance seems the lcs'
probable because great c. rtltics OF Alabama anu
Virginia iron Ofie:cA from time TO time W.
low current prices. The demand for structural
iron is only fair though contracts for one OF TWO
large buildings have been given, but orders i'r
nlatp and sheet iron ais small. bar iron is de-
pressed to about 10, and makers OF rams are
unable to adhere rigilly to the proposed $50 per
ton This industry has for the time changed
places with the woollen manufacture, which was
50 depressed last year. Reported sales of wool
at New-lork, Philadelphia and Boston since Jan
nary 1. compared with the same weeks last year.
are in pounds:
Domestic; .Forciga;o 40 T 54!l a.,
1901 ...... 29,359296 1lGo5300 42'9.3 % -
1890 - ......... 21,l04,5oO e,2lO''OO -J'J'0'-'"
This would indicate an increase Of more than
a third in the consumption, both of all wool ana
Of domestic qualities, and the demand still renders
the price stiff, though it has been somewhat lesS
urgent of late. In dress goods and wofStctS the
trade is good. but cashmere and ovcrcoatinSs
are comparatively duil. il general the demand
for heavy mems wear goods is not satisfactory
clothicrs proceeding very cautiously. The KNIT
goods works are prcsper,us and many running over
for last week. two wooilcl mills that have bern
,bnt for n long time have resumed the building
of half-a-,iozcn more has beer recently begun,
mainly at the West and South. and the machinery
is generally well employed. Two new cotton mills
are reported and three previously closed resumed
work.
Foot and shoe factories arc running only mod
erately. with pric. not encouraging. the advance
OF last fall having been almost entirely lost let
throe new factories are 10 be built ana several
enlarged. The only trouble in coal comes from the
fact that, while sales exceed last years by nearly
1000. 900 tons, the output has increased even
more. and stocks hand have grown about
100. 900 tons. I'm and lead are weak, and the
silk manufacture is depressed, but the Dulldi"9
trades throughout the country have a bright
prospect, and the mcat-pacl;ing business iai 'A-
cecds last wear. Tie movement of wheat coa
stantly astonishcs those who nave been betting
on scarcity. but the price is half a cent higher
than a week aga, though exports for half. OF
February are little above half thosc of last year
and corn export, are less than 100000 bushels
against over 100000 bushels last year Corn
and oats are both higher, but pork % cents Per
barrel lover The cotton market is depressed b%
receipts exceeding E.st years by 81, 900 paics
hi, month though ApOits 81, 900 bales larger
The course of the money market tends up"ll
exchange is still. and 100000 9o!d has gone
out during the week. Preliminary returns indl-
Gated a probable excess OF exports over imports
in January Of about S!s,GOO,oG0, ald IN tETte
weeks Of February imports fail oil 53,jOO,0VO at
Ncw-York. but exports S!.O0G,G00. III" Treas
ury Is taking in some money, as if properly may
at this season, but the banks lose much more.
The volume Of clc,rings outside New-lOrN for
thee weeks OF February is per gent greater
than last year. but with the level Of prices about
10 per cent higher. this does not mean an ~
craasea volume Of trade in quantities. The earn
iu-s Of 206 railroads last year, according 10
elaborate tables of The Financial Chronicle,
covering l2H@3? mics Of road in operation, were
$lOO5.540.1GS, or - per cent more than the
pyc; uus year, but expenses increased yet more,
50 that not earnings were S33o, o09ijS. increasing
bat I.j3 per cent. This and all other property
il still threatened by much foolish Legislation in
Western States, and yet the average price 81
stocks cccincd but - cents per Snare during
the last week.