New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-20

Actual shipments have steadily exceeded those
OF any other year the excess in half OF Deem
Der over 1892 being 30 per cent According 10
reports new orders FOR spring have been greatly
restricted by unwillingness 10 contract far In
advance 20 pay the higher prices asked. but
have recently Increased considerably. and mean
while the demand TO I'll gaps in dealers stocks
made by the enormous consumption has adj the
time been beyond expectation. Prices OF shoes
and leather are unchanged for the last week.
while hides are little lower.
The greatest output OF pig iron ever known Is
more impressive in view OF the decrease or I'M
sold stocks Of pig. according 10 The Iron Age
90 60 tons in November This makes the APP
parent consumption over 23oooo tons weekly
and prices have yielded remarkably little. con-
slderang the unprecedented output Besscmer 10
cents and Grey Forge % cents at Pttsburg.
Without change In Eastern anthracite or In coke
iron mt Chicago. Heavy purchases have recent
~ been made 70 provide for the operation or
works covered by options given TO the proposed
wire combination, which run until March !. and
there have been large orders for plates at the
East and n, Chicago with one at Pittsburg for
Albany waterworks. In sheets the Western de-
nanG has been remarkably good, and Pittsburg
works are still running on old contracts. Some
new building contracts have been placed. one
involving 5000 tons FOR the Hall or RECORDS
here and there were sales Of looU tons stee!
rails here while large contracts are carried
oyor nv IN, Illinois Steel Company into the next
year The coke output continues heavy. l0492l
tons FOR the week. and some negotiations Tor the
next year are on the basis OF 81 % ton NO
reaction occurs in copper. as exports are very
heavy. and a good volume OF transactions IN
,inplates renders the price slightly higher at
SO 10 Anthracite coal ia decidedly dull ana
soles are reported here at 50 - for stove
with industries generally doing we'll, the
markets FOR grain have been stronger. wheat re-
covering It's loss Of the previous week and clos
ing at 9)Ia cents against 99A cents on Deem
tcr4 Exports since July I not including those
~ the first two days OF December from Pacific
rorte have exceeded 10000 600 bushels flour
included: and Atlantic exports In two weeks
have been 7.SSO9i2 bushels. against 5,4l36Il
las, year The outgo OF corn also exceeds even
tho unprecedented exports OF last year In
bolr Of December by 100000 bushels and IN
the Ave previous months by 100000 bushels
and the price advanced last week a fraction.
Cation remains unchanged. receipts this month
so far Keeping closely to the record In 1874 when
the crop was the largest known. with takings
of spinners North and South n little smaller and
exports considerably smaller this month, though
larger for the year thus far.
The money market has been rendered COM
parativey close and higher by the Union Pacific
payment and other exceptional transactions. but
net receipts from the Interior show abundant
supplies elsewhere. and disbursements by the
Government and corporations Will soon set Tree
an amount exceeding similar January payments
for many years. According to bankers ana
brokers. there has been much good buying or
stocks for Investment OF funds thus TO be PAID,
and the average for the sixty most active rail-
way stocks rose 43 cents, making 81 oS IN TWO
weeks. while trusts declined little last week.
II IL getting to be recognized that when there Is
substantial buying. OF the sort when makes
genuine advance In prices possible one sure sign
Of It is the comparative neglect or the so-caiied
industrials.