New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-05-09

obundantly supplied with money, so that the
outgo OF specie does not a'e3t the 10" raes pie-
v,ilino but there is a feeling that circumstances
NAV before long render the loss Of gold cn'pa'isss
inc 10 speculation if not to business and industry
Nav orcns, therefore, with continuance OF ao-
verse influences felt in April, and yet the volume
~ hpsiness Is surprisingly large. in the hrst
week OF the month payments thronsh eieoIihg
houses outside New-York were much larger 'hah
,vccl aqo In April the increase over iaso year
wos ~ per cent, at the East 80 per cent. az 'nc
West 10. 6. and at the South s. per cent "hie
on tho Pacific Coast there was decrease vi o.
nor cent The earnings Of ninety-one raiiroads
n half Of April, eighty eight the third week. ana
fort,. the fourth, as reported by "Ihe fihancNi
Chroniclc.o were 3.2 per cent greater '''aii '"o'
year but the eastbound tonnage shipped from
Chic,ro in five weeks was 3s5,olV TONS a9aihs'
oo- roa laet year. a gain Of % per cent. 10 Is
o,.o ro,iced that the receipts Of cattle at chicago
49, ,,ro,ter in April than In the same month OF
anv previous year, and though Dad "eaV'e'
o,vscd shrinkage in receipts Of many products
,bsro Las, week, it is not supposed that the ue-
cline will continue.
Naturally. greater tonnage and larger payments
r attributed TO the bountiful crops OF last year,
lint there is much evidence that the movement
~ manufactured products is also larger Ihoueh
a.. outnut, of pipiron has probably been reduced
j.; Anril IL is still considerably larger than ye"'
ago and apparently larger than IN any previous
carr while sales last week were more llDefai anu
,bc tone Of the markets for iron products "Ss
dsbcor,ening. More inquiry Is heard for raiis anu
o,hcr finished products, although prices vi ""'
and ulates are weak. The quantity OF cotton
,olon bv SINNERS North ana South sihcc apr"
L.s bccn greater than year ago, or In any o''0i
,,,r for like period, and Boston ahvices S'"'e
that while the machinery, as Wioe' 10 "N'
'''. .',o,od some Of the mills much pressed to
lccn I'D with their orders IL IS 'he SeN'', VI
.s,'si,;nr in wool. but sales continue larger than
:, year AGO. and the new cllp Desins ~ hio'' ~
substantially last years prices "hic III SUM
branches of the manufacture ou7inc'' !" u"uS"
M. ,rro far the season, and in dress goods the
nroducton and sales thus iar 'ni' year nave w.
ra,..nd all precedent The manufacture OF boo's
and shoes il exceptionally ac'i'c loi VIC VIM"
,.o,r and shipments from the last have, i'r 'o"'e
49, 'a, iarcelv exceeded those Of the previous
year. - ,,r,o that thc
-, business actually transacted must DC
- .L,, in former years. notwithstanding
I ann, I,iuts so often heard and the lacN vi
,.,,o,,d FOR commercial onns. At some Cities IL
~ l ,oticpd the demand for money is ehiarg-
;n hut ot nearly all it is only moderate. opecu-
I.i,, - ,onrcssad in a measure, not Only ny '"c
a,norts of oold. which, as yet, affect money mar
Lots but little if any but far more by the chorh'" '
supplics Of products in sight cotton s'ooN' 'i'
ohout OF 900 bales, against 66l ,oOo year "so
in this country, and 1O6,0oo pairs g'ca' "
Europe than year ago, 50 that all '"c i'po
=, dec,ca.o in acreage have lifted the price Only
an eighth during the past week Inc qu""i,'
ybich has come into sight during eight months
and one weel, of the crop year has been o'oVo
h,Ios GREATER than the whole crop OF the pre-
yious wear. which was by far the greatest oi
record. and If only 100000 bales more sho"'u
come into sight before September l. against
Al 600 during the corresponding part OF 'e i'S'
crop year, the product of 1891 would INC IecNoh'u
at s,9O0,OOO bales
Wheat has been advanced little win goo'
buving for export and unfavorablc weather at
the West, but the quantity in sight IS 81 'oo"'o"o
bushels more than year ago, aud the surplus
remaining unronsumcd aud unsold July is likely
70 lie considerably larger than usual. Corn mas
been advanced by speculation during the past
week. and oats fraction. but pork products are
steady. and oil almost unchanged. Coffee Is weak
and lower but the proceedings against the sugar
trust do not affect the price OF refined. anu granu-
lated sugar remains IL cents above centrifugal
\ movement to Congress 10 cut oil the duty Oh
refined sugar would he likely 10 have more
speedy effect Building materials are gencraiy
i'm good demand. and reports from many CITIES
indicate that building operations are Ia he larger
than last wear though twenty-cght strikes in the
building trades were reported last week, involving
in all about $500 men.
The stock market has been sustained by cheap
money. 50 that the gold exports and Numerous
raids have depressed the average OF prices only
/ cents per 81 90. The industrial stocks were less
steady. sugar declining sharply. and declarations
bv President Roberts, OF the Pennsylvania. are
not construed favombly 10 the coal combina-
ton But it is on the whole surprising that
stocks have been 50 well supported in price, not
yithstanding the large sales by foreigners. and
The question constantly rccurs whether these sales
and exports of gold. If continued, would not soon
have a more marked influence upon prices.