New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-05-06
open charges or sly nsinuations have any f0un'
dalton in fact.
,tOvEY and BUSINESS.

! American securities foreign account "'
! the foremost place perhaps. as IL Is "o' ''"p'o.
able that exports OF gold wo"'d nave
again or would have been prevented only py
considerable sacrifice on the par VI ' 80,
cato had No, the sales of securities on the o'her
,, =, -, ,.oa;.te service Mr. Morgan and
bs associates have been highly successt"i III ne
oo,a,,,o s,,o. q, railway and other bonds which
support their Government operations very civ.
,,.a,,, ,ro,hor feature Of high Importance IS the
morLed oxnans,on in retail trade. Dispatches "
,bo Mercantile Agency show that within the last
tv,, veeks with more favorable weather. '"e
local distribution Of goous has Increased '"a-
,eriaIlv and Tins substantial basis mas pee'
afforded for further wholesale transac"ohs.
The growth Of the great industries Sill con-
tlnues in spite Of serious o's'"in ~
last week in regard to wages l" ''e "'o"e"
mills at Oneyvile. and NJ other po'"'' "'"
Providence and In some oth rs III "'S'"' '"'e'''
ord New-yor, the men are demanding restor-
alton of wages nearly equal TO those pau III
/ 1892 before the setback In the lhu"S''ie' ""e"'.
II anpears also that the association Vi "oi an"
steel workers. which has been almost e"'"e'y
/ ignored for some time past OWING u ''' e,V'
de,ression Of the Industry has now determined
IN assert itself again and to INSIST upon 'he
maintenance Of wages Already several estab-
exnocted that some others Of great importance
u, !, o,uood N close within a short time. I'M
! ,oss tho workers modify their demands IL Is
NOT strange that they are anxious In all parts OF
| tho country 10 get back az soon as tney can u
tho wages formerly paid nor is II surprising 'hat
they feel that the employers must row De "p'c
10 advance wages, since so much Is saiu uay ny
dev Of the revival Of business. ana OF the'r great
| increase I'm orders In many cases the "ah"i"c'-
urers are aso realizing higher prices tor 'he'r
products This Is particularly true IN the co''oh
! goods manufacture and In boots ana sho'S' o".
IN woorlen and iron and steel works no general
advance I'm prices has yet been realized "heh
the workers find that employers In a gooh man!
establishments voluntarily consent u ra's'
r,,os thev orc ant I'd infer that similar
advance ought In Justice TO be conceded !" any
otber branch - Industry and yet the Inference
| - extremely ant 10 be- erroneous ana nlsl'hu'"B'
I'm the stock market the changes during tho
last week have not been very important the
average - railway stocks being only "a cents
per share higher than week ag1. ana the aver
ncc ~ trust stocks only 40 cents per share
,t,h,r I'm ,i.y II the great anxiety which has
h.,n f.lt by thoae Interested In the coal-carry'nH
,,nuauirs Il is decidedly encouraging ih,t IN"
.nles nr.nta wore able T. come o. some agreement
for restriction II tho output IN the month %
Nav even though the settlement N ony tempo
rnry. ana no substantial progress seems yet ID
have been made toward n mere lasting ADJUST
mont The Reading Company still Insists upon
the percentage - the total uli'ic when u mas
nrked from the first. and ~ the other companies
cannot assent t. It's demands without further
restricting their own output. there Is probability
that the difficulty may come To the surface again
before another month has passed But Tor tho
present the apprehension ~ destructive war
hc,wccn coal-carrying companies Is averted. and
II Is reasonable TO expect that the temporary
arranecmcn, for May will give to tho market a
moro wholesome condition.
specuation was rampant in wheat last week
IN. sales I'm this market were remarkably heavy
and the price advanced about three cents. a
natural consequence is that exports from At
,.,,t. norris have been checked. and. including
r,ur have been little more than half as large
"a for the same week last year Receipts al
the West have been larger for the last week or
two and may naturally be expected TO increase
II the recent advance I'm prices Is maintained
For a long time there have been rumors or the
salc II the large block Of wheat held by the FAN
estate at san Francisco bu at last II Is be-
Ncvcd that the stock has actually been sold In
Europe and about thirty ships are now loading
with whoa, at San Francisco. No important
change appears I'm other products, excepting IN
cotton. where heavy sales have resulted in the
first serious reaction since the remarkable ad
vance began The quantity which has come into
sigh, during the year thus FAR IS s,423.O9l bales
: about 100000 bales larger than the largest croI
ever grown. and IT is also noticed that the aver
age weight Of bales Is somewhat larger thar
usual AZ Is natural since the rise in price, the
reports of acreage planted this year have grown
much more conflicting and II seems not improb
able that in Texas and the extreme Southwes
the steady increase In acreage, which has beer
observed for years past. may surprise some wh'
nre calculating upon an artificial reduction Of
! yield.
I The important industries make credit
I able showing particularly the manufacture o.
boots and shoes for the shipments from Boston
according to The Shoe and Leather Reporter.
amounted In the month Of April To 36745' cases
against 81 1876 last year and S54,2S2 in 1898 Re
ports also indicate that the demand Is not 81
largely for the cheaper grade of goods as 1t wa
some weeks ago. In nearly every branch or tn
manufacture marked advances In prices hav'
> bcen made and yet the orders received are mor
free and satisfactory than they were befor
priccs advanced. In the woolen industry tn
sales OF wool at tho principal markets are com
piled to the LIST OF May. showing actual sale
= within the last twelve months OF 255, 266.67
. nounds against 1872 563 0o6 last year and 30s,27s.
h 303 for the year preceding AS the price Is tn
\ lowest ever known IN this country. II may natu
;. rally be- Inferred that considerable part or tn
l. | purchases has been with IA view To anlicipat
4 | future wants but there seems no room To doub
A | that the consumption OF wool IN the manufactur
-, has for the last few months been encouraglngl
# | large.
"