New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-12-04
NETWORK DAILY TRIBUNE MONDAY lsearEN PAGES

wears the decrease Was 233 per cent, WHICH
"a more than the decrease for the three pre-
cedng weeks, and slightly more than the de-
crease in October. Improvement In ciearnss
seems mainly confined to Eastern cities OUTSIDE
New.york Here November showed a little
greater decline than October, but at other
Eostarp cities a smaller decline. At the West
the average continued about ~ per cent Tess
,bor Last wear and on the Pacific Coast nearly
~ ner cent less, for both months, but at the
south the decrease was 17.3 per cent in Novem-
Der and 1913 per cent in October. The movement
or 21e 600 bales more Of cotton this year than In
Novor,her last wear has made much difference.
The exports were but $4,000 bales greater, ana
the takings of Northern spinners 5000 bales less,
so that stocks Of American cotton in sight are
ro,, h,t % OOO bales less than last year at
date. It is not strange that the price has weak
ened a shade.
Other nroduce markets show very small
changes Wheat is a fraction higher. and
the Western receipts last week were only 5'o'zoVV
bushels but the exports Of wheat and iiour from
both coasts for five weeks. according 10 biau-
streets" have been only 1Se2S,3oo pusheis'
against 1882 176 last year Reports that ,he
supply Is all gone and the barns empty are
circulated as usual at this season. pul II 10
entirelv safe to say that the farmers have not
been selling their very last bushei OF wheat
at prices below 6S cents in New-York. Corn IL
moving very largely for the season, ana ,he
nrice declined a shade as also Of oats. Pork
declined 80 cents per barrel, and lard % cents
ner 100 hounds. with hogs unchanged. 1t Is
well that in the main speculative operations In
products continue moderate, NOTWITHSTANDING '''V
cheapncss of money.
Some manufacturing works have closed DUR
ing the past week and there has been one fall
IRE for 81 900 900 in hides which may affect
other houses The hat strike at Danbury ana
the strike Of 5000 weavers at Olneyville SUN
continue, but the Reading Iron Company mas
reduced wages OF its hands . per cent, ana the
Cleveland Rolling Mill Y per cent. Prior TO last
week there was distinct Increase III the NUM-
Der of hands at work and in quantities OF ma
terals taken for manufacture, and in cotton the
demand for goods now keeps the WORKS larry
busy 1t Is plain that the woollen mllis are not
two-thrds Mt work, although sales OF wool are
again larger than for the same week last year,
because In months past the mills nave not
taken supplies as usual for the season. me
shoe factories are working over two-thirds or
their capacity, and the shipments from Boston
are ONLY about 10 per cent less than last year.
The iron and steel works do not appear 10
have increased working force during the week.
ported Bessemer pig and steel billets are
shade lower at Pittsburg. and recovery in
price is seen there or at Philadelphia.
The supply Of currency In circulation has IN
creased So ii9 sos during the month. ana about
s25 900 900 In two months. although the stock OF
idle money at New-York is by far the greatest
ever known $l97 1913 200 in the associated banks
alone. The increase OF circulation has been
largely in gold OF which the coinage for the
month was SO 7s9 500. Last week the receipts
from the interior by New-York banks were
81 OOOO OO and the surplus reserve is now over
S7GO 600 This state Of things shows very
clearly the depression In business throughout
the country and II trade were either active or
hopefu there would not be 5000 OOOO1O lying
idle in one city. The heavy excess OF exports
over imports does not bring gold this way nor
does cheap money get up anything more than
a purely professional interest in stocks. confined
To a few OF the most widely huctuating fancies.