New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-10-22

against s, 761 432 last year, while the Wes'ei"
receipts of wheat have been much smaiIer' H.,
100 900 bushels against 1S500,OOO last year. "hic"
NAV be reckoned as evidence that at the present
fundamentally low prices farmers are less anxious
to sell and foreigners more willing 10 Duy. ie'
the buying does not prevent an accuiii"'a'eU
surplus the largest ever known al this reaso''
and an average Of prices at New-fo III Oc'ooe.
thus far cents lower than In SEPTEMBER =,
cents lower than in October OF last year, 90"
cents lower than in 1892 and 40 cents lower than
in 1891 Cotton then called mddling uplands Is
said 10 have sold at cents In 1S4S, but never
below 6 cents since until this week. heceipts
from plantations in October have been l'I'-ooV
bales. against $4,000 for the same weeks iaS'
wear and when 1t is considered that the eH-
tremely low prices must greatly retaro safes anu
shipments Of cotton, the indications certainly
pont to an enormous yield. Exports this month
thus far have been 04,321 bales, against oo'fSi
last year, and the stocks OF American COTTON Ill
sight here and abroad have increased during the
month $1,000 bales against o64'ooo IN the same
weeks last year. and $4,000 in the same weeks
Of 1892.
The stiffening in Bessemer pig at Pittsburg
owing to large purchases from the East Is ABOUT
the only sign of better prices in the iron industry
30 900 tons OF the maximum or nearly 80 per
cent, the depression Of bar iron TO W Genus anu
steel bars to 81, with the general complaint or
r. suficient demand for finished products and the
shortening of work in some mills, indicate that
the actual consumption is not more than four
hfths of the normal. The shipments OF boots and
shoes from Boston. according to the weekly re-
mort Of the shoe and Leather Reporter nave
been 252.5s5 cases against 169,564 last year, ana
243 500 in the same weeks of 1892 and while the
substitution Of cheaper for more costly goous
presumably makes the business represent niue"
less money than in 1892, the industry seems 10
be doing better than any other Inc COTTON
manufacture has increased in production since
the resumption of work at Fail River anu
New Bedford but prices Of cotton goods are
generally weaker and the demand has been on
the whole much reduced. There Is marked
shrinkage in the demand for wooens and while
the strike Of coakmakers explains part OF
IT, the greater difficulty IS that the retail safes
throughout the country do not yet warrant re-
newcd orders. The auction sale or casslmeres by
the Arlington mills resulted In prices about 10
per cent below those previously current, and mas
caused not a little depression OF feeling. Sales
of wool have been for the week about two
thirds and for the month about tnree-quarters VI
the sales in 1892
Monetary stagnaton is such that the three
largest trust companies have reduced interest on
all their deposits to per cent, and these three
hold Sal. 900 900 OF idle money. AT the same time
Ncw-Eng.and banks taking over mill paper
from New-York in large amounts. and the de-
mand for money from the Northwest Is re-
markedly small These not signs OF a gen.
eral revival in business. although reports from
various cities indicate a somewhat better de-
mand for money. The Treasury balance mas
been reduced about s5.3OO0 900 during the week
Its customs receipts have been little below
s. 900 900 for the month and scarcely more tnan
for the same weeks last year, while the in'erna!
revenue has been 100000 smaller than for the
same weeks last year The Treasury optimists,
Il is delightful to observe. are able to nnd much
satisfaction in these figures.