New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-25

interior movement at thirty-one counted to"mS
showed receipts OF 1865 bales. against lof, 100
in the preceding week. and 226,oo2 IN .he o uu
responding time year ago. Inc mos ,,nn
returns from the South show that the co..o W
crop is shrinking to an extent when ma! We"
cause astonishment. -. .,n
porters of the Wilson Tariff law over tne i"os
that manufactured exports are increasing; VI
at least from the figures compiled iron, 20" On
uary / up to September 30. they sno"eu
Increase aggregatIng 100000 900. Against oa oc
however. stands an increase OF over siiLoVV ~
in the same time in imports. Colo 10 CT w
amount of 81 $50 600 was taken from the SUI n,
Treasury for export to Europe last week. 49,. ane
gold reserve las been reduced TO ABOUT 500,
600 O0O and II is believed in banking clr one
that 1t will not be allowed to go under *'o'o'v,
600 although opinions are rather vague as 10
the methods which will be employed 10
plenish the reserve Some think the iresiusii,
may decide upon bond issue. and DINERS t'Ia.
he will wait and let Republican cong 'n no,
grappe with the question. Whether y, ,r
gold exports stop in December. they VIII pesI'
again in January. for at that time heass ~,
terest payments will fall due During Decenl-
Der and January the excess of expend nuaa.
over receipts will continue Just now the lie"s
ury Department Is sending out statements VI
receipts and expenditures which show that eH
penditures are being kept down to MINIMUM
or deferred. in order, II possible. TO sno" "a az
excess OF receipts at the end OF the month me
excess of expenditures over receipts TOT the
month to date Is $685.. 1872 and for the year 10
date. s2OO12. 1877. indicating something like SSv
y,
by the first With gold going out In large
amounts, and an expanding revenue dehci'
Secretary Carlisle endeavored to Impress the
New-York bankers that the poor old green
back was directly responsible for the causes
which have forced such condition of anairs
Secretary Carlisle's eloquence and his vel
gagged remarks sound money may nave
developed extreme enthusiasm among his near
ers but the day after the Chamber or COM
merce dinner. the New-York bankers were NOT
convinced that the greenbeck was the cause Oh
present Ills Nor Is the heavy outward move
ment Of gold due to foreign liquidation In TINS
stock market This cause has contributed 10
the strain In the exchange market. but the
enormous excess Of imports over exports II
the main trouble.
Foreign liquidation IN this market has been
confined 70 speculative holdings. rbitrage
houses with good foreign connections believe
that foreign speculative liquidation has run IT'S
course; while from the daily TRANSACTIONS upon
the stock Exchange It can be seen that there Is
practically local liquidation. The market Is
extremely narrow There IS no good outside de-
mand for stocks and. except the dealings OF pro
fessonal room traders. there is no business 10
speak Of on the Exchange. The borrowing de-
mand on the Exchange is good. however IN.
strugglers In the Kaffir swamps III Paris ana
London have received assistance and Tor the
present the crash in the mining market has been
deferred while the general financial outlook
throughout Europe may be said TO be more en-
couraging. There was considerable uneasiness.
however last week and the result OF the next
settlement the London Stock Exchange IS
awaited with considerable anxiety. Stock mar
ke
material change and the exports OF gold nave
caused no alarm or liquidation. The market was
generally depressed and extremely dull during
the week and only In few shares were ransac-
lions Of any size The Grange shares were
steady the anthracite coal group moved within
narrow fluctuations and the lndustrials were. as
usual erratic and irregular. Louisville ana Nash-
Vile was weak on foreign selling. and the South-
western railway shares were generally weak ana
declining Manhattan Western Union ana
American Tobacco reached their lowest prices FOR
the wear In the week. Manhattan falling on on
selling induced by its miserable showing IN the
last fiscal year. Western Union on the decision
declaring that the Union Pacific had no fight 10
give Il telegraph monopoly OF its lines to the
Western Union. and Tobacco was lower on ma
nipulaton. The local money markets showed no
important change In the week. Money on call
loaned at liad2 per cent and time contracts were
made at . per cent for thirty days, 2'2 per cent
for sixty TO ninety days Der cent for foui months
and 3i2M4 per cent for longer periods. The de-
mand for commercial paper was lighter and the
supply was small Rates were 3% IA per cent for
sixty to ninety day Endorsed bills receivable. 4d
A.. for four months commission house and prime
four months single names. 4'2G5 for prime six
months and 3 and aboVt for gOod four 10 six
months single names
The following table shows the movements OF the
chief active stocks in the week