New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-11-05

49,. T., 1909 which shows a smaller loss
than I'm September, but within the 'aS' "'eA "
two the cutting OF rates has become
matter Stocks have been weak OH '"e ""0'
thoush recovering some toward the ciose' -
that the average Is only II cents per snare o S.V'
lower than a week ago. while the a'e'"e' ''
trusts is A cents per share lower
The drop in cotton 10 5% cents mus e"p'"
ton enough in the enormous receipts mo'e eo'-
ton came into sight last month imam !" any
nrav,ous month in the whole history OF the trade
NAMELY 21O1 227 bales. against l,o"',o'' Ia''
war. as5 os7 in 1892 and 2O26,2O5 in 1891. The
exports were col 900 bales larger than last year.
and the takings of spinners about twice as large
49, ,as. var but the quantity in sight here and
abroad increases greatly. The demand TOT soou'
,o NOT innrove and the supplemental orders
oxnocte5 after the heavy sales in September 90
NOT arrive I'm sufficient quantity to Keep all the
mills employed so that concessions in price nave
heen made TO secure large contracts. Prices oi
wool are weaker particularly for ONO, Mic"'sa"
New-York and Pennsylvania fleece anu t''0
average OF 1O4 quotations BY Coates brothe's "
14l2 cents against 1432 OCTOBER anu ITO
in the middle of August. A year go the a'ei"ee
of the same qualities was 1896 cents anu ."o
wears ago 227 cents. But with free-trade prices
for wool and Mckinley duties still remaining on
wool,en goods. the manufacturers are only par
tally employed. and sales Of wool at the three
chief markets during the week were f'ooi''"
nourds against ,953 in the same weeks Oh
1892 while for the five weeks passed the sa'e'
have been 29 per cent less than In 1877
The shoe trade is doing a heavy business III
number Of cases shipped the shoe and Leather
Reporter' making Boston shipments 4l|ool cases
for October. against 2SSs64 last year. and $780,
Cali in
been 50 great that the value of goods distributed
must be- about quarter less than 1t was TWO
wears ago. The shops producing cheap goods
arc fuIlv occupied. though 1t IL stated that the
ogyreeate demand for all kinds IS far below
thar M ordinary seasons. Much is made In some
journals OF the increase IN iron output after the
coal and coke strikes ceased. and there has been
some further increase of late in a few branches
nf the business but the average decline IN prices
Of all kinds Of iron and steel has been Zsf per
cent since October. 1892. while the production IS
about 80 900 tons per week less than the HIN
imun so that the product OF this great INDUSTRY,
instead Of 900 900 900 yearly, has been reduced
to less than 100000 The narrowness OF the
demand still depresses prices though plates are
en- do stronger and a conference OF steel rail-
makers refused 10 reduce prices. although pur-
chases OF British rails for California use sho"
that part Of the American market Is N danger.
Wheat has recovered little during the week.
but is st.lI below sc cents. The quantity In sght
November was lO5 s74 900 bushels. against 3d.
2ej 900 last year and 7S,624OOo in 1882 and oo'-
foa ooo In 1891 and 81 sSS 900 in 1890 Exports con-
tint;a moderate being less than 100000 bushels
for the week from both coasts. -four included but
with Altogether unprecedented stocks In signt,
and the large movement from farmers, In spite 81
the lowest prices ever known, there is httle
chance for speculation. Corn advanced nearly
cents and pork and hog products were generally
shade lower The lowest average ever maze
FOR all commodities was about week ago. bnt
the recovery since has been insigrihcan'' ohy
about per cent. though enough TO put the aV-
erage slightly higher than It was July 81
The Treasury meets a d. fict OF about sl3 5oOO 900
in October It's customs receipts being scarcely
81 600 900 greater than last year while hs m
ternal receipts were Sc 300 900 smaller and its ex-
pend!tures s3IO000O create. The imports at
New York for four weeks have been s336o6Sii
against s3266s,3lO last year. but the imports Of
suga. were only sl.l93,2s5, against H7sllH
while the imports OF drygoods were sG9596iS
against Ns373sl. and the imports OF all other
articles s255l4Ols against 249.755 last year /
The Increase 81 Just 30 per cent In drygoods. /
ar,ins. 10 per cent in other articles except sugar
shows whore the new tariff makes the greatest +
difference The exports frr four weeks nave /
been over s. 10000 less than last year. or IS per
cent but the excess u exports last year was 20 .
great that a considerable excess must appear /
this year aisl and the tendency Of foreign eN- /
change toward the gold-eXpo"iing point can be /
explained Only by Withdrawals Of foreign capital /
The extreme stagna:!oH In the commercial loan
market and the enormous accumulation OF ldle !
money comment forcibly on partisan stories ot
great business revival.