New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-10-03
MONEY AND BUSINESS.

! - troho, ohseryanc-s though there are
| -. ir,;oo,ion. o( hesitancy not traceable to
.ha. o,u,. Dusincss for some months has bcr'
mory,lousy large for year not OF fun crops an"
| ouit. urnrcccAc1tci for a Presidential year, ana
| i rou,d NOT lie surprising if trade in OCTOBER
| .houu be som. What limited in volume 'nous"
| entirely .mnd and healthy. But uh'i ',ic
| rrcsent week tie volume Of trade mas Dccn inv
| largest over known for September ana Ill 'i''.
| brarclc, no sign OF shrinkagc Is seen. Inc i'pi'
| ,,.o,o,,. ~ cash rocrvc. in New-York banks II
| M. evidence Of business inactivity. 'heus" "''
Jcmand for loans i. not unusually heavy. nor are
.,anI,c,,i.rs ,or renewals unplcasantly frequent
Tho banks had an excessive accumulation OF ioie
| .,,o,. ,u.nst l-sl56,5oo, 00o-and il is ROT q
wiseortuue that they have r-liUcci it Sj5,ooo'oo"
| IN .,o months. The cash held is even no"
500 600 900 greater than at thi, time last year
| !, ou mart, Of the country the money markets
ar. suply supplied f1r Legitimate needs ana COL
leo.iooa are almost ever, whore more pfoulpN ui'
| usual ...
Tho volurc Of business in September WA greater
| th,u III the same month OF any other year. t'ou''
| but Little greater than last gar i@'sV WIN
ccarinas were smaller than year a'o ~ ~" 'o'"'
but tho new mole Of clearing stocks, ny "iliCh
,rs,c+;ons of ) oO0 900 shar ;, valued at ,2G5,
GAO 600 were settled in the single month OF sep
tcnlcr must amply account for o great chi"sc
in bauk cearin.s hcgc. Railroad earnings IN three
weeks OF September, thus far reporter amount !"
| = o. per cent more than last year, anu p'e'u'a"S
there has been an Increase in tonnage notw''"-
| standing the smaller movement Oh oica'S'u"'
II is fact deserving notice that cc'lp'S u
,yhoat At Western ports arc actually larger than .
vear a.o In ioar weeks ., August 2e,5VO oeo
bushels were received, asain,t 2l,00O,oV0 bushels
10 ~ W
agaiu,t 10000. 600 last year. aud lat week
o. is7 Geo bushels against 1000, 600 last year The
,rcc sank 10 about +, cents and exports uuproV"l
| , Htth.. i'm four weeks from both coasts Hour IN
,lulc., ihoy have ben l709,39o bushels, az inst
lOs1;Ois last year. The latest estimate OF the
corn crop promises l.6lO000.0O0 bushels which
is but little below thr average consumption Tor
.crjcs " years though the panicmakcS, who
rid,cllogsly blundcrcd in PREDICTING a wheat famine
last year. ar, now engaged IN predicting corn
famine The price dropped Is cents and oats
! 10 cents
Tie movement Of cotton las been very slow
thus Ear. thu quantity which las come into sight
since September being only j!!.ij2 halc' against
gIGIl3 last year and tie exports 1880 haesc
asairst 25&sgO las year. The price has advanced
. nttle with ,prcul,tipn Il gigantic volume, sllC-'
tn,iur reached ll,s. 600 bales in = single wrcS.
t a
nets Al Chicago. and some operators were arrested
for eor,.ir,Nl 20 rig tho market When that Of
fence becomes actually punishable. tho penal in
stiiutipa. ~ ard about Chicago VIII have to b. IN
argcl
The condition %. manufactures is exceedingly
crcoura1iug liz iron Ia distinctly firmcr, AMI
vu-cl. 80 haze been vcry largo. the lower gralHa
showing especial strength. while plate and struc-
furai iron continue in great demand B-r il w-aS,
and siocl rails extremely inactive. no'wi'hstrnd-
ing the Published statement that 2.5l9 miles OF
now road have been built In nine months. Cop
per, tin and lead have changed IN price but htt.e,
though consumption is la-ze for the supplies are
| ample Tia pl,i.s are nthc- weaker, the Amcri-
| can product having ~ late been quoted in open
markets Coal i. more active. but sales arc
ported It the schedule price. Of May last, and
agents did rot attempt another advance The
commencement OF proceedings 10 set asiic leases
and franchi &c in Ncw.Jrrscy, ard the request Of
the Senate Committee that the New-Yorll Attor-
noy General commence similar proceedings, do not
| as y,, appear 10 have affected either the demand
for COAL or 70 any great extent the prices OF coal
stocI.
The textile manufacturers are having all they
Fan do 10 meet the demand for goods The Bos
ION Advertiser" In n review Of New England III
lustrics SAYS: There has not been such an mp
parent state Of tranquility and prosperity for
many years Cotton manufacturers are all
busy. and in n number OF mills extra night work
has been going on for month, 10 keep up with
| orders Many OF the woollcn mills
| working. overtime To keep up with their orders
|. The hat industry is looking up. and in the
Ncrrimac Valley business was never SO lively ~
at present" These accounts confirm infcrcnccs
drawn from the consumption Of materials The
! a., n PhlllUelphll
York since the new clip began to come forward
about the middle VI May, have been l3+,2ii,3lO
round against o., 00G last year, an increase of
| 81 Der cent While American spinners have taken
les cotton in September this year than last, their
stocks Of material carried over are unusually
large The official report Of cotton spinnln. In
India shows q decrease in the past year, and In
two years the increase there has been only -
rer cent against 90 per cent in the United States,
: per cent on the Continent, and IL per cent III
Great Britain.
Exports from New-Yori show decrease Of %
pcr cent for four weeks of September, whle III
imports here there appears an increase Of 30 oo'-
400. or IA per cent The Treasury has taken in
about 81, 900 900 more gold than IT has issued OF
other money. and tine outgo from NewlorlI banks
70 the interior was $l,sO0,00O last week But
stocks. exclusive of the industrials, so called,
scarcely changed in price at al. Mercantile fail
urcs fall far below those Of last years. per cent
in number for the quarter just ended, and nearly
60 per cent in amount Of liabilities According
,o Dun & Co.. the failures are III number ana III
liabilities much the smallest for the last four
years.
Mr. Dcpew humorously describes Democracy as
having been horn In the objective case. IL may
also b, characterized as in the accusative case.