New-York tribune., 1894-06-04
pOvEY ND BTSTNESS.

4 ncy week begins with troops under arms
and with prospects of violent outbreaks In sew
e-al states striking miners seem Determined 10
violate the laws. and 10 prevent 10y ior'e '"e
hauling ~ coal by railroad companies or 'he en-
ployrent of other labor In place OF 'heir OWL
A, thea. nerformances are simply revolutionary.
:, ., 80 ho exoected that the iaw-abiding people
will find n way to suppress them. put P''"hPS
-. ot.bou, aome blooashed and temporary dis
order As matters row stand. a large snare "'
tho nroductlve force I'm several great states II
noralyzed for want Of fuel. and the miners IN or
der t. prevent the employment or o'her me"
who arr. willing 10 work. threaten to make the
paralysis more complete.
Meanwhile. In the heart Of the disturbed re-
g,on M Indianapolis. the number OF loaded cars
received and forwarded has been between lo'oVo
o,d ,c 600 I'm every week since March. and was be-
tween lG 900 and Il 900 last year There has been
no marked decrease for two months. and the dr.
ference between the movement THIS year anu
last f. comparatively small East-bound ship
,,o,ts from Chicago have been about 10 per cent
,sa sInce navigation opened. but previously were
,orgor than n wear ago This "a In spite OF the
,oc, ,ha, the sh,pments OF grain from the IN
tsr,or IN the seaboard since April have been
almost 900 900 bushels. or 1G per cent less than
io., vear These few comparisons are enough
N make n clear that the great strike appears
az vet 10 have interrupted general traffic COM
paratively little and the anthracite sales agents
have met and agreed To larger output. ana de-
cided to advance the price. with the strike as a
pretext. although the actual consumption OF an
thr,c,,e docs not seem 10 have increased The
truth f. that business is poor and small but not
wholly or mainly because OF the strike.
Tho exchanges through all clearing houses In
Nav are always larger than In April. but this
year have been $3.50 0000O daily against 800
600 900 last year s94 1000 900 in 1892, Sls5OOOOOO
I'm 1891. and S226 900 In 1890. The amount
would probably have been larger but for the
strikes and yet there Is a want oi evidence that
the increase would have been material. Part OF
the shr,nkage though less than 10 per cent at
this time is due TO the decline In prices since last
year but there remains shrnkage Of over II
per cent in the aggregate quantities OF things Tor
which settlements have been made. It is not to
be inferred that a sixth OF the working population
IS entirely idle for in many branches. as In farm
ing and In building trades work is being done
looking to future returns. while In others goods
are being accumulated; but the army OF the uh-
employed is also large.
The worst feature OF current trade reports is
that orders for the future. without which mills
Is especially the case n textile manufactures, and
many such works expected TO stop before the
end Of June unless the situation changes remark
ably. Orders for dress goods are sufficient for
some time 10 come but In other woolen manu-
factures the scantiness OF new orders Is made
more serious by the frequency OF cancellations.
Sales OF wool larger than year ago. but
were then much below and are now not much
above half the consuming capacity OF the mills
Takings OF cotton by spinners were also larger
I'm May than year ago and yet are only about
two-thirds Of the quantity required for full con-
sumption. Recent concessions have not secured
a larger business In cotton goods and the ac-
emulation OF such goods is rapid. Many OF the
shoe factories have already begun to discharge
part OF their hands. expecting to be obliged to
stop work entirely before long. III the iron In
dustry, although the paralysis OF production be-
tween the Allegheny Mountains and the Mis-
slssppi Is almost complete. the demand for
products deliverable In the future is not enough
70 give encouragement The innedists scarcity