New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-08-29
MONEY IND KESINESS.

mehte Of labor troubles, though the settPueht
between iron employers and the men IN ohio'
the Official abandonment OF the switchmen'
strike AT Blflalo, and the progress of Homestead
works toward more complete operation leave
but little Of the uprising which was by some
deemed so threatening. There are symptoms
that the Reading may have contest with its
hands, but industries arc on the whole less nis-
,urtcd now by labor controversies than is usuul
The progress Of harvesting gives better assur-
once rs TO the croT. Of spring wheat, and the
promse i. definitely more favorable than week
400 az 20 corn oats and cotton. but in each there
will he large; though not yet definitely asccr-
tanned. decrease OF yield compared with last
vcor Domestic trade Is steadily Increasing in
volume. is the largest ever known at this sea
son and promises 80 favorably for the fali tha'
the setback usually incident TO PRESIDENTIAL
wear is now anticipated by few
The state of foreign trade still takes some gold
abroad. though exports during the past week were
onlv 81 5OO.0 600 Merchandise imports commune
far in .xcess Of any previous August and, nnieS9
the figures from the Custom flouse here are III
som. WAY erroneous, are likely 10 prove eNccp-
tioually large for any month; in four weeks thc
declared value Of imports from newborn ms
been sjll72,s70 against S36, l03.5@3 last year.
an increase OF All per cent. III imports eiS'
where should be no larger than in July the aggre
oote for the month would closely npprohch 'ile
largest Oh record. On the other hhhu, exports
have but moderate Increase. as IL natural, si'''
las, wears movement IN August was cNtfaorui"a'S'
bnt M Ncw-Yorll the increase has Deeh ""e INA"
81 .OOO. 600. or l-2 per cent. ~ tat me "'"'''
thus far indicate some excess oil imports oNc' w
,,or,, which IL not altogether usual for August
I, seems possible. however, that foreign trade may
l.. sono,yhat hindcred by the cholera In Europe
and while the talk al first is Of retarded exports
,hc effect upon imports from Europe womb seem
likely 20 be- the greater in the long run
Tho root Of the matter ia that foreign ahVl'es
about the crops are decidedly more promising nlah
. vcar ago 50 that exports Of breadstnlis are con-
sderably smaller aud seem likely to be, WINE 'hc
sroot stocks Of cotton held abroad limit the ne
mond for that product. Atlantic exports OF wheat
fall much below last years, though toe price "'
clincd still further last week, TO ~ GEMS io'
August. and exports Of wheat ana honr Ironi oot"
coosts AZ reported by " Brad,treets nave pcch !"
four weeks l6,4s3,s63 bushels, against 2l'2s''
,os last wear Considering thu great difference Ill
pricc. for wheat sold year ago NJ ~ III i--' '"r
decrease in value Of exports Is large 'or" mas
declined cents for the week, bnt ~ sui ~ '''.
cha, continuance Of present crop prospects would
"A
,rond is small. Oats have declined small frac-
ton. aud porl, products are shade weaker pu'
coffee is stronger
Tho end Of the cotton year IL NJ hand, ana tue
ouantitv which has come into sight since Scp'eln-
bcr | Of last year was on Friday, according 10 Inc
Financial Chronicle" o,o2i3G9 bales, nearly 4oo,-
ooo ha,cs greater than the previous unprcce-
dented crop Exports are about $4,000 bales
r.otar for the year than for the previous year :
,olipos of American splnners have been I'll 900
h,Ios greater 4G. 900 greater al the South, anu
1c5 600 Greater AT the North; and the stocks IN
,bis country are j36, 900 bales. against 212O0O
lost veor and less than 90 900 bales in either OF
tho tyo prcvious years Stocks OF American cot
ton abroad are GA 900 bales. against 066 600 last
vear a4l 600 i'm 1890 and $4,000 in 1889. In
oonoral the outside world already has about
, 900 600 bales OF the American cotton II will re-
ouire for the coming year. and this country SUI
has of old cotton about 49, 900 bales more TO send
abroad. so that more than 20 per cent Of the
worlds requirements for the year IL supplied be-
fore bale of the new crop is moved The price
foil n sixteenth last week and speculation is still
quite active.
Domestic trade Is heavy in volume and steadily
swclng Clcarin2s outside New York for August,
a. far AZ reported, show an increase Of fully 10
Der cent ever last year, though the volume was
then unprecedented, owing to the movement of
great crops Railroad earnings on sevcnty-iive
roads for half Of August. and thrty-siN for the
third week are G.75 per cent greater than last
year. Sales of wool are largely in excess OF
last year, and the woollen mills somewhat EN-
barrasscd by the unexpected volume of orders in
important branches. The cotton mills are pushed
by the demand for goods Eastern boot and shoe
shipments have been 2.3S4,o00 cases, against
2273, 900 last year. and 2,3i7.00o in ls3c, when
the maximum reached. Though low prices
Of cotton restrict Southern purchases, the trade
il generally ahead OF any previous year. Cattle
receipts at Chicago are $4,000 head, or IL per
cent greater than last year to date. The demand
for iron and steel products continues strong. en-
cent for rails. snd the resumption OF work in