New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-07-11

"a n bealtnv Sign eleven Of the New-York
hanks renort having made fully half their entire
loans last week on paper Of that character.
The week has brought n peculiarly interesting
estimate OF the crops by Mr.. Thoman. "hich
shows great progress on his part. IL Is not very
long since he was indulging in various arbitrary
estimates OF consumption as food. but now ne
says the last years crop has been proved ny
1.-The years distribution to have been at least
"JSc 900 600 bushels whereas nothing OK the
sort could have been proved by any possibility
If the consumption food per capita were not
treated as practically constant. Mr.. Thoman
anticipates 6SJ0000O0 bushels wheat this fall,
and considerable part of the expected increase
OF 0O000000 bushels will doubtless be required
to replenish various stores here and abroad. the
visible supply July 2 having been only l4IoOoop
bushels The price has grown little stronger
during the week. as the exports have been quite
large for midsummer 1853 J53 bushels, flour In
cluded. from Atlantic, and 219.5S6 from Pacific,
ports. Corn was also a shade higher. although
the outlook for the crop appears to be decidedly
satisfactory thus far.
Cotton, on the contrary. has grown weaker
having declined a sixteenth last week. although
the demand for cotton goods has generally
improved The truth is that, with print cloths
at . cents for 6is and with the large stocks or
raw cotton that are known to be held by the
mills here and abroad. operations for an advance
IN the material do not look highly promising,
and yet the price Is too low to render unlimited
short selling a healthy operation. No change
Of consequence has occurred In prices OF staple
goods during the last week. and there IS ap-
parently some hesitation In the export move
ment but with evidence Of A somewhat better
demand for the domestic trade. The WOOL mar
kets also inactive, and sales at 'He
three chief cities last week were only 3,Zo,VW
pounds Of which 2,29O,J0O were domestic
against 14,120,jW for the week last year, OF
which $3.50 800 were domestic. and 6,1l9350 IN
1892 OF which 1851 800 were domestic Prices
have not changed for two weeks, according 10
Coates Brothers one hundred quotations or 40
nestle wool. hut there are some Indications that
holders in the interior begin to question now
long they can afford to hold at prices above
those which the mills seem able to Fay. Inc
opening Of Washington serges at lower prices
than have been quoted though per cent higher
than their opening last season, leaves the pros
pect about the prices Of mems wooilens iuiiy us
indefinite and uncertain as 1t has been al any
time since prices OF wool began to react in Feb
ruary. It is worth noting that, although large
quantities Of wool have been taken away from
Boston IL
much more still remains at the disposal of mills
in warehouses Of that city. 1t Is quite likely
that the full extent Of supplies carried by manu-
factu,ers this year will not be realized FOR
months yet to come.
Tho shipments Of boots and shoes were only
elk hundred cases smaller for the first week OF
July than for the same week last year. but were
larger than for the corresponding week In any
other year The controversies between JobocrS
and manufacturers. between leather producers
and consumers have not prevented an actuai
output At the Eastern works larger TINS year
thus far than before. which Is the more
s,Irpr!sing because this manufacture mas peen
RAPIDLY and largely expanded at the west. where
accounts agree that the factories are crowded
with orders and some OF them weeks behind
in their deliveries The great iron manufacture
takes a rest Mt this season in large proportion
II its works not nfrequently because of con-
troverses about wages. which prolong enforced
idleness for weeks or months Happily II ap-
pears that In almost every branch questions
about wages have been amcably settled ALREADY
and the establishments which are stopping Tor
repairs or stock taking appear 10 he somewhat
fewer I'm number than usual at this season. as
was anticipated. 1t continues to he the strik-
lng feature in this industry that the great de-
lnand IN Western states. arising directly or IN
directly from agricultural prosperity. creates
q state Of things altogether different at Ch.-
caro and even at Pittsburg. than in the mar
kots further East. During the week there nave
been placed orders for 5000 tons rails at chi
cago and 25OO0 tons plates at Pittsourg, pe-
sides II 600 tons for steel cars and 2ooo tons
structural work for the San Francisco PostoIhce
building. and In plates even the Eastern WORKS
meet an increasing demand. contracts having
been placed for four vessels TO be built at New
port News.