New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-10-15

our products For the last two weeks 'ne ne-
ce,se I'm domestic exports from New-fork mas
heep a 57I 600 or 10 per cent. The exports III
Septembor of hreadstuffs cotton, PROVISIONS cat
flo and oil amounted to 1884, 70l,7 10. against %f-'
s21 500 last wear a decrease Of l9 per cent. let
cotton Is selling nj the lowest price for the ior'S
five wears since present classifcations were
kpovn and wheat sells at the lowest price ever
known except for a day or two this year. " neat
exnorts are improving little. for two weeks Oh
October from both coasts. -four Included ha''"s
bcon G 500 900 bushels against 6,oOO0oo last year,
hut since July the quantity exported mas oeeh
almost exactly n third less than last year west
ern receipts have fallen off very much OF iate'
and in two weeks have been only 9.ooO'ooo push-
els against 100000 last year but this IL not
strange when over 500 900 bushels have al
ready been marketed at the Western cities anu
the price is only So cents at New-forK against
6S last year and about so in 1897
Cotton is selling at sos cents. the options pe'""
cents and the movement IL so large that re-
sumption Of work in Fall River mills mas ho up
lifting effect Mr.. Ellison estimates that the coi'-
sumption of American cotton for the current crop
year will be So4S 900 bales. but the quantity no"
in sight is 2OGS.93l bales. and the new crop just
coming seems likely to exceed 100000 bales. Re-
coi,ts from plantations are already 100000 bales.
or ab3ut p pcr cent greater than last year to
date and the increase in half OF october has been
M coo bales Exports this month have been
293 3st bales against 1901 last year. but at =
cents apainst So cents year ago and cents
I'm 1892 the bales count for less In money. Al
home the main difference is that the rush for
cotton goods. which piled 'he buying Tor july
August and September into September, has now
ceased and the demand is very slight. Manu-
facturers and traders begin TO realize that the
actual consumption. though not definitely known
must be far below the apparent demand when
prices were advanced
The cheapness of wheat and cotton directly
lessons the buying power OF third OF the popu-
lation. as surely and more largely than the loss
% a third of the crop But manufacturers
are beginning to feel the effect Of largely in
creased Imports In two weeks of October the
value Of imports at New-York was p per cent
create than Iasi year and as the sugar imports
were only s53O4S against s.7S2.O5s last year. the
inclease I'm other articles was evidently more than
50 per cent. For goods thus purchased the
country has u pay and 50 II offers its wheat and
cotton at ruinous prices. but sterling exchange
has been 50 high In the past weeks that exports
nf gold are not improbable The demand for
commercial loans has So faded thar -. 10 ) per
cent f. the ordinary rate for 60 t. 90 day paper
\, many interior markets money l. in somewhat
bette. dcmlni but hardly anywhere really sc-
tive
Stocks has, been s;agnant sugar and Chicago
Gas hav" about as mucn 10 Do with the stock
maihet proper a. pool tickets on the latest
horse race. bur II these were omitted the total
sales for the week would be about 100000 shares.
hair tn" number recorded. Trust stocks d"clinsd
an average o. 81 cents per snare. and railroads
an average ~ 3, cents par share though earnings
in th.. first w--h a. October show d decrease OF
l--s than ! p"r cont asA!nst = FOR the moath
u September. Compared WIKI 1892 ine loss -.
the hi.f week ~ o., .nrr vas i0o per cent "Th-
+ .nJa'ial Chronicles Statement. for september.
.,t,rng l2s roads. par,iy Canadian and Mexican.
shows loss ~ = - per cent. In View ~ the fact
mat ltk, ana rlil shipments from Chicago Snow
Il decrease of - PEE cent. wrsthounI shipments
probably Increased Exchanges at the principal
,l-liiug houses iJr w. W~.As ~ October haNe
d, .ragrd 30 pcr cent more than last Year. but
70 > per cen, less than in lNs2.
This shrlnkage in purchases for consumption
causes halt in manufactures. Tor il il no longer
denied nat there j. a great change in the volume
u orders since the middle Of september. The
rush OF deferred business then made things lively.
Nov agents are considering whether they will
nave t. cl,s- works for want of business, and
fome have closed ALREADY. The wooen mills
winch have been employed are nearly all sill
busy with september orders bu, spring business
shows no Indication OBJ; Improvement. Weakness
.hAiart~iiH-s all markets FOR iron and steel
products. ior thu Increase in output - pig to
1879 tons weekly October was clearly In
~N'rss u the present demand 'or finished prod
uct-. though it - only ~ prr cent of the total
,. pacity " furnaces The depression in prices OF
Bees. ner iron and steel blets continues and |
other prices do not rise. In boots ami shoes ship
ments are larger than ever in number of cases |
out Il is stated that four-iiths ~ the orders for
spring OF goods selling 81 or less.