New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-11-14
MONEY AND BUSINESS.

When the people No''l LOT "a clhukt iiS' '"''
day there lay behind them the largest months
trade in the whole history Of the country. For
the previous quarter, and also in June In all for
Ave successive months. the volume Of business
had been greater than evor at this season.
Abundant evidences OF This. rs they conc TO light,
have been and will be placed on record in weekly
reviews Of trade, and everybody will rejoice IL
conditions still more favorable insult from the
decision Of tie people A. least for som" months
10 come the came policies and laws under which
prosperity has been attained will f-man in full
iorce. although nnticipations OF change may have
some effect The last vcclI brought only r.
preston IN stocks. towering speculation in ckt
ton, and some recovery from extreme low pritt
| In grain
Tie decline in stocks WIS not confined. some
have implied 70 the trust or Industrial list. ~
which fifteen averaged 81 % rcr share lower m
! ~" close Saturday than tho week before The
sixty most active railroad stocks averaged 81 -
| owcr ~ the close Saturday than the week before.
| Notwithstanding som" recovery from The realizing
4 profits ly short allors This IS lar.cr than
thc immediate decline after the election eight
vc1rs AGO. which was Jess than 81 per share :
then p recovery followed. but after Tie Inaugural
tion much lower prices until il became clear that
| there would be no financial legislation. Spccu-
| latlon I'm grnin was influenced b. the government
| crop report and the advances Of IA cents in
" cat quarter in corn. and half q cent in oats
were smaller than mioht have been expected from
such report Pork products were shade
stronger, and also coffee.
Tho greatest speculation was in c0tion. 81 which
sales amounted 30 l.7o0,2oO bales futures in n
single. week Of five business days. acainst 1000
bales FOR actual nsc. including contracts Tho
eloonv crop rcTort. the iuhant feeling of South
orn traders and foreign manufacturers combined
70 PUT up the price ll-lC'hs in week Cotton
has now risen . cents since il sold nj l-e cents
II the cnd Of August, &c per cont ana il begins
10 lc a question whether the crop. however short
IL may BE-. j. short enough IN keen the price ~
! o cents. with over 100000 bales American in
exec ~ thr FORMAL supply brought over from aat
year. For six years prior 10 the great vc'l ~
1900 he worlds stock Of American cotton carrcd
over September average GlO.25j bales Lost
Scptcmbcr II was 2,iiS.0os haos As tho worlds
consumption last year tool; from traders only
sos 600 bales American cotton. n crop ~ only
$500 600 bales this year would leave to b,
carried ncyt September than WINS left in 200
or 1850. Receipts from plantations this month
thus far have been ji5.oil bales against Sls, 2si
last year but exports have hcen only 255sjO
hNi't' h'tlU~l f'bs)lt lHN' Nf'I' t'H 'iHulHS ny
spinners -, 600 bales short
The capacity Of iron furnaces in blast increased
L. 1900 tons in October, and stocks also re-
duccd. In four months OF the half year the ap-
parent production has been 2,s73,0 TONS and
the reduction Of stocks 9Is 900, making the an
parent consumption 1901, 900 tons This was
Just about he quantity produced in tho same
months Inst wear. bat the stocks then increased
over 10000 tons. so that the consumption an.
pears - have been greater thnn ever before Tho
markets. have been growing stronger. and rs tho
prospect of change of tariff prevents the establish
mcrt Of works, prices may I've we'll main
tanned until that change comes. The manufact-
IRE OF wool, though it has been exceptionally
active for two years does not slackcn Sales since
May l. at the chief markets have been l75.OOO.-
600 pounds, against 1875, O00, 600 last year, n
cain of 40 per cent The increase in imports has
been about 10000 900 pounds. so that the in
crease in consumption OF domestic wool has been
about 30 600 900 pounds
As cotton spinncrS' arc largely using stocks Of
cotton accumulated during the last crop year,
their totines do not indicate the consumption,
hut it is known that the mills have never been
more fully employed and the demand for goods
has cnuscd some advance in prices of print cloths
and beached and coorcd cottors The boot and
shoe manufacture cannot yet catch up with its
orders and many works will not until Christmas.
hut weekly shipments from the East, givcn by
" The Shoe and Leather Reporter" foot up for the
last six months 2040,474 cases, against | s3l :
04l last year and l,9Os,l9s in 1890, an increase
Of more than o per cent over last year and 3
per cent over 1890. the year Of largest business
| ever known. Receipts OF cattle at principal
Western markets for six weeks have bocn 2 per
cent larger than last year and per cent larger
than 1890. la three months. ending with Son