New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-04-13

vet been received, and the European COM
mercial stocks Of American have decreased
2 600 bales since April 1. while visible
stocks here have decreased 15S,9SS Daies' ~
date 6469892 bales have come into sight,
and In 1893. after the yield Of only 61l7l4Z paieS'
only 6113,S34 had come into sight April H. 'h'e'
DAYS later After this exact date In that year
about 1000 bales came forward, ana hAe
movement this year would make the crop
7 900 900. but during the last two weeks lz'oio
bales have come into sight. against loo'S4o u"
1899 Northern spinners have taken IN the same
two weeks l,422 bales. against 44,50S IN 1870
and quite a number Of the mills are decreas"s
production while some at the oouth' VIM"
did not stop at all during the panic OF i'''' n"'e
stopped during the last week. Inc feoe"' 'e
auctions in prices Of cotton goods nave aS ye'
brought no considerable Improvement IN t"S
demand.
Tho woolen mills are doing less every week.
and the elaborate statement OF Ihe ie~'.e
Manufacturers Journal indicates that only o.
ner rent Of the hands in the woollen manufacture
are now employed. and those at an average re-
duct,on OF 1873 per cent in wages. The safes Oh
uoo, said TO be the smallest ever known ..
Boston. were the smallest for many years.
not ever. at the three chief markets. amoun.ihe
to only 1,194900 pounds domestic ana l'o1.''oo
foreign. against 2.77b.400 domestic, ana S'lo'o''
foreign for the same week last year. some ia"
pcrtant mills have changed to hosiery anu
enough have changed to the manufacture OF Dress
goods to cause a little Apprehension !" 'na'
branch. although the trade Is eEcouraseo Wy
Treasury rulings which have exposeo u"ue'-
valuations and advanced duties on great quA"
t,tv If French and German goods, In tie case
on a
v,ice But the domestic demand for men
r,oo,,ens continues extremely small. The boot
and shoe business is also narrow as respects
rev orders. although the shops are now begin
ring 70 deliver more goods than year ago on
tho orders taken in February and March. Leather
has taken a sharp turn downward, prices at Boe-
ton averaging about per cent lower Tor the
week.
The stock market scarcely deserves mention.
Orlv 74T.159 shares were sold In all; 374,slS, or
over half. OF five Trust stocks; only 25S,os' OF
the seven largest railroad stocks. and 1859
shares Of all other stocks 1t Is not strange
that the public takes little interest IN market
which Is entirely absorbed by such operations
as those In Tobacco and Sugar Railroad earn
ings for March. according to The Financiai
Chronicle" were AZ per cent larger than last
year hut q fewer roads are reporting than
IN 1Se3 and the roads Which do report for
both years show earnings liz per cent less
than IN 1893 The tonnage rs nevertheless larger
than ever before at this season. The market ~
not inactive because money Is either scarce OF
Gle Sc for receipts from the West this week nave
about balanced the exports OF gold and quite
large amounts have been offered here by foreign
lenders on short time. Commercial paper Is
more salabe. and some mill paper is taken,
there being much satisfaction that the large
failures In March have not been followed by
others OF like magnitude.