New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-10-02

cleared away or compensated Dui"s W" -.
il has become clear that many of the concerns
which have resumed work find orders ins'imcen'
for full employment Of their machinery and iorce
Nearly n whole senson has vanished with meagre
results, and men begin to see that the business
lost IL not to be added to that of the next season.
Instant removal of all difficulties and dangers
would not send consumers into the street to puy
goods which they did not buy during the three
months just ended.
Although more works are starting, seventy-es"'
wholly or in part last week, against only twenty
closing or reducing force, and there muso reSui.
some increase in business between merchants anu
manufacturers the gain on the whole Is not grew
Over thirty works mentioned az haVins ie
duced wages last week, and these represent
much larger number, OF which no accounts are
published Prices Of manufactured products 10
not rally, but gradually grow weaker, as ~ ~ SEE"
that the demand does not suffice to fully employ
the force now at work Even in cottons, lower
prices Of some goods are SEEM though that manu-
facture has recovered more than any other, anu
stronger tone appears in print cloths. "oo"'"
dress goods are in fair demand, but some Oh ."c'l
at prices which would not have been cohsiucrcu
weeks ago. and the demand for mems goous sho"s
scarcely any improvement. Products Oh IRON """
steel are selling at the lowest prices ever kho""'
though of some finished products the eNhaus.ioh
of retail stocks causes purchases Tor rcpiehisn-
ment IL is doubted whether the output OF pig
iron is greater than it was u month ago, and yet
weaker prices indicate that the supply exceeds the
demand In boots and shoes this city reports
better business than any other, though the decrease
in business at the East is not quite as great as 1t
has been. Trade in rubber goods is so active that
one might imagine that people had concluded 10
wear rubbers instead of new boots this winter.
And in some minor branches of manufacture
business il about as active as ever.
The earnings of scvrnty-threc railroads the iirst
week sevcntyfour the second and ffty-slX the thru
weel, of September, show a decrease OF 10 per
cent in the aggregate, notwithstanding the heaVy
gain from Worlds Fair traffic. Western corn
and wheat carrying roads lose over 10 per cent
Pacific roads II and Southern roads 10 per cent
while the decrease trunk lines Is hOt per
cent Clearings outside New-York are more than
"a per cent smaller for the month than last year,
and the decrease in payments through all clear
ing houses, New-York included, comparing inc
last quarter with the same quarter OF 1917
must have been nearly $4,000, 100000. WIN
such a shrinlSagc in the volume OF business, iuie
money naturally accumuates in large amounts
and the New-Yorl: banks gained over So,ooo,oo"
last week, mainly from the West less than
~
bursements over receipts With q surplus re-
serve of over S24,000.G00 here, and money
abundant NJ . per cent on call it is clear enough
that business does not halt because OF lack oi
money Commercial loans are few, ana DahNs
are generally less willing to place money Oh ''c
than they have been because OF the apPio
hension that gold exports may revive
the past month imports OF merchandise a' I've"
yor, have been Slj,4GI 900, or 3'.4 per oo
less than last year, while exports from Ne"-ioiN
have been 246 PER cent more than last year, -"
dicating that exports have probably eAceeueN,
imports about SlO,00000O for the moh'n' "nr
in addition there have been large eApo's ~
slver Rut if repayment of gold borrowed from
rnrono in Juv is required, and foreigners are
not encouraged to make large purchases -
..,oa,, s.ooLs some QUITO of gold must be
expected. , aoos NOT
,ana 20 ston exports of products. Wheat Is Hi.
= cont and corn | cent lower for the Week. d."
lard | a cent though pork is higher. "es'e,'
a;nts NJ wheat have been 20,4OO,0oo pushciS
AGAINST 32. 100000 last year in Sertemotr, an"
.ynorts from botA coasts have been 1885 ''o'v
bushels. -four included, against l','os'''o i's,
year The receipts Of cotton have lhcreasfu' ",'
for tbe first month of the crop year nave oe. ',
Aco 40 bales against 522j52 last year, "l'ie
oxnorts live been only l4'.e63 paes' "s''n''
., 20 oso last year. and takings of Northern Spin
ners only 1929 bales, against s6'2o4 ias' Su"'
Tins il il not strange that the price mas iai'en
5.,G TO cent? and stocks of American mere ana
abroad are now $4,000 bales. about Quarter
consumption. In general. speculation III prouuo''
has been limited, in spite of tie superaouhua"c'
or money. But in the stock market the scaiPer'
aud room trader. have done almost the only pus'
moss The average of prices aeci'uei
II 40 nor share to "Wednesday night' the' 'oH'
nearly as much, and finally declined again. cioS'ns
Ak cents per share lower than week ago. lrus'
stocks. after similar fluctuations. closed % Genus
higher mainly because 1t was believed .hd' No',-
cress was going TO bestow several millions e"o''
uron the whisxey and sugar trusts oy ihcrea''hs
the tax on whskey and putting duty Oh sugar
Irporently the Street thinks tho country woulo
be more prosperous if the people were taxed GOV
400 900 more. mainly for the benefit OF TWO mo
nopolies. .,,, ,o.
Tho statement Of failures hy " Bradstreets' iof
nipe months which was published SATURDAY. morn
ING. necessarily included somewhat less tha" 'i,e
complete returns and yet covered Lilo 'iii-
mos with liabilities estimated 1T Sj-4,oS'''oo'