New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-03-21
vopx DAILY TRIBUNE MONDAY MARCH 1s9aTwELvE PAGES

March delivery. and the covering VI p,, for
sales has raised the price Only Tho
snot though March advanced to 6.45 cents. '"e
'rr ,a., vol ,vcre g3O. 600 bales, and though
.oaoints at norris are a shade ese than Se''
a,,o rcccints from plantations are larger III
,1,ol az oos bales have come into sight, agal'S'
49,, oo- for fine game part of the month iaSO
oor and exporrs have been only 24255 asai"''
~ 5ss b,les More than 500, 900 bales came mo
i,ht after this date last year, and II ohy NAH
a. much should appear this year, the crop VI
1sol would exceed that OF ls9O, WHICH wac Wv
least half a million bales beyond the worn" oU'-
SUMPTION of American cotton III any year '"'
stocks at the ports and interior 'o"nS arc NV
1G3lI0S bales against l,O2','ZV Ior 'ho '""0
date last year, and 592,62i In IoVo' "hi0 '"e
.,aoL of American cotton at Liverpool alone Is
$50. 600 bales larger than year ago IL - noO
strange that under such circumstances co.'o"
should decline in price; the one question Il "o"
low il may 90 if supplies should continue TO come
forward
Tho iron market has been depressed by IN
creased offerings Of Southern iron at the lowest
prices. and while some Of the best brahds Oh
Northern iron have not changed during the week,
others are 20 low that many of the furnaces IN
Ohio and Pennsylvania arc likely to stop opera
tons At the same time, three new ana large
Southern furnaces have gone into Dlast' anu 'ho
consolidation, of two great Alabama companies u
supposed to make greater economy IN produc.ion
possibe The demand for finished products docs
not improve though some large structural coh-
tracts are being made. Sales Of rails are few, ana
the railroads which bought largely at $34 to $35
early in 1890, when Bcssemcr iron was selling
AZ $40 to S24 per ton at Pittsburg, are not dis
iron il selling at less than Sl5 at Pittsburg.
Stocks are accumuatlng, tnoush 'hc ot"ci WV
sumption of iron is large
Wool has been more freely bought of late, IN
part because holders begin to realize that a new
and larger crop will soon come forward and are
making concessions on wool hitherto held for
HIGHER prices But manufacturers are also more
encouraged finding better market for goods,
though not such as to permit higher prices Inc
drcss goods trade il active for the season; the
trade in overcoatings and cloakings is large ana
there is a stronger demand for wOTsteds OF the
better grades, and for chcviOts for mems wear
though the market for carpets and KNIT goods Is
less satisfactory. and there is small demand Tor
inferior qualities Of cloth and part cotton goods
The boot and shoe manufacture Is doing better,
shops being busy and shipments from Boston a
little larger than "A year ago. The cotton mills
are also busy, and splancrs have taken III March
10. 600 bales more than in the same time last
year.
Stocks have not been strong, and the average
pricc has declined 81 cents per share during the
week. extreme dulncss prevailing Railroad earn.
ncs for March thus far exceed last years by ll.75
FER cent, but the Pennsylvania proceedings against
the coal combination and the disclosures IN Rich
mond Terminal do not help Money ~ abundant
here and at other cities The approaching action
Of the House on the silver question may cause
some uncasiness. aud does not advance silver
bullion, which H. only IL sd. per ounce, the
lowest price c.,r reached The Treasury has put
out -, POO, 600 more notes the past week. adding
81 co. 600 10 it, specie in excess of certificates
outstanding.