New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-11-28
MONEY and BUSINESS.

until October two months later 'h"' $50
in the eight months exceeded Imports ~
,oo114 In 1891 over $73,OOO,OOo wen, a"io"'
in tbe months of February and July. inclusive:
In. o,,or GAS 600 900 came back in the lnoh'ho Va
,ro+ and December, inclusive. ms year soi'
,., to couo back in October, though het liz
nonts varc only Se.634,OSO. But the movement
ceased before the month quite ended : III 'nieo
weeks Of November there was no a
either way though foreign eAchan5'
,,orcod and last week gold began to 90 apio'"
oooin. $500 900 having been sent 10 ~"
ci,oo the resumption of specie payments. priv"
Of fourteen years, net exports OF goiu IL w.
vor,bcr have occurred only once-ih lo0'
nror TO resumption net exports Oh So,r 49,
j., Novcmber. 1873 and 1919, making thrcc 'i'iic'
in twenty years. ,, fon
oioI disaster 10 cause the outgo, and 10 pros
..io, of ministry Imports have beeh hc"'S'
ovcr $500 O0O. 900 in four months ehdihg VIII"
Octobnr and in the last four weeks aO Nc"-
York alone S0,s4G.O00, or 25.8 per cent greater
than last year which would indicate an aHFle
,otc Of about S73. 100000 for the ihon'n pu'
,.or,s j., Octobcr exceeded imports by @S,"oo''
Ell and ~ fine tide then turned and goa came
tbia wav there was reason 10 suPpo'o '""'
cr;oncrs were buying rather than seillhG Aillcri-
! cor securities The exports III November iio'"
Vrv-York have been in three weeks ohiy @''o'f'-
600 smaller than last year. Wheh Vle "sSi
for the month over $llO'ooV'oVV' "'' va,
I'., ,o+ ,okc into account the decrease IN cot
ton. Of which from other ports 6'4'@"1 paieS la
,,,o ont in November, against 9lO''fV la'O
- Ioss If $4,000 900 in value. Allowing
Cor t,is dccrrasc November exports seem likely
o. roocb so5 0O0. 900 in value, exceeding Imports
-, ,,orclondisc by 100000, 900. This shows tha'
H., ,ovcrsol Of the gold movement IS Hue u
,,.itldro,yL Of foreign capital, and that go'u
..,o. ,hrooI not TO pay for Jewels ana SILKS
.,o,r and laces. but for American s'curl'"'
returned. .ioo o. n
Cation speculation has raised the price 70 ~
INTO which i above Liverpool ana arrests cN-
oorts Sales were l,907,700 bales IN h'' oa'o
i,s, week. and 5023.40O bales in three weeks "i
orlv sixteen working days. Receipts rom pin'''
/ .ions in November have been 52OoOo DAYS i'"'
than last years. and exports 23l,Voo oai'S i''''
,,bic talincs Of American spnners nave oecH
u,.ooo bales less But stocks Of American COT
60 abroad and o1oat arr now 2,0'4,00o D1leS'
nina. $4,000 last year, l.3l4,OOO IN loVV
,,l I 23s 600 in lss9, and while a litte more
,lan half the entire crop hal come lh'o 'lshO u
wear AGO. the later season this year M1Aes ~
probable that TN" proportion - smaller A'u'"9
. ,b, cro,,. of four years all stocks Of American
! IN Il
+, .irtt NJ the end of each year, the consumption
,nucar, 10 have been sl0j,3Oj bales American
ros. voar. 7.ns5.7GG in ls00-'0l, 7,2il,46' III
iseo-,oo and 7.Oe3.40i in 1SSs'S9. The
, coo 600 balos in si.ht September |, beyond the
/ n.,al ouort,tv. would reduce the new cotton r.
,,,irol this year % 100000 bales If the con-
J .Y,uDtion should be- rs large as 1t was last year.
Vbc,bor Inst wears consumption would be re-
r.o,o1 with cotton at 10 cents per pound IL by
so,,.n tu,-tioncd The November average in 1871
wa. sis cents. in 1890 about . cents, IN
l.,o about 10l cents, and in 1888 about
Q - cents.
Wheat has been comparatively inactive, declin-
ing half "A cont and Western receipts since August
have bco,r 13f.O0O.0OO bushels. against
12l. o00. 900 bushels last year Exports from both
coasts. -four included, have been 100000 bush
cls IN four weeks. agoinst nearly lS,OOO,oOo last
vcar. In view Of Western dispatches INSISTING
tla. the Weld has beon moderated, TIE rumor"i
bull movement in wheat would seem 70 CONFRONT
some dinichlty Corn declined quarter, ana
oats an eighth last week. with small trading. IN"
ilo, tbat the An,i-Option bill may be passed
near the opening Of the coming session seems 10
have a li,,lc influence in speculative markets, and
the Till would probably produce lower prices
Ru there should BE- no likelihood of it' passage, at
ca,, in is present form. Stocks declined last
wc.l, over dollar pr share. and have declined
! mora than - p.f share since October -.
The great industries continue busy and pros
ncrous. \ considerable increase in orders IoI
structural iron and steel is reported. and many
Shoe manufacturers already have orders for spring
Goods T. occupy thcm for some months. Shipments
Of fall Goods have rot ceased, and the season knows
no resting spell. The Shoe and Leather Report
or" makes shipments this year per cent larger
than last year and per cent larger
| than In 1890 when all records wcr" surpassed.
! Live stock receipts ut the chief Western markets
! hnyr been 400. 600 head in TIRE" weeks, against
| 5000 last year, gain of about II per cent.
! Sales of wool have fallen off since Oh" election,
and are little less than last wear though for six
months before November they had been 40 per
rent larger than last year But many
manufacturers think no change IN tariff will be
made for moro than year, and some hope for bet
ter prices Ingram carpets have advanced cents
Der ward For most kinds Of woollen goods the
demand is strong stocks on hand are light, and
! pricc, abroad show some signs OF advancing. 50
| that the coming season may b. quite satisfactory
| for producers here. But the prevailing spirit Is
decidedly conservative and against any eApan-
sion.
Domestic trade does not diminish in volume.
Exchanges through clearing houses outside New
York in November exceed last year by "a per
cent. The shrinkagc of 10 per cent in railroad
earnings in the second week of November has been
practically made up by increase in other weeks Re
ports from various monetary centres indicate rather
slack demand at the East, but strong demand at
| the West though collections are excellent. Some
| Improvement in business is reported at the south
resulting from The rise in cotton. III" Treasury
raid out 5000 600 more notes last week and 500
.fl,r. al. " n,l~
moro gold.
| According To the statement of prominent
| aloru, ,nnn Of AnnnN Misunderstanding Day. tho