New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-11-14

These are not returns which look like disaster
nor are clearing house reports at all gloomy.
Payments in eight days OF November were lo.t
per cent larger than last year and w per cent
larger than in 1892. with a small but substantial
gain over both years outside New-fork also.
The state OF foreign trade Is as encouraging as
ever exports for the first week OF November
showing gain Of IS per cent. while imports last
week were slightly smaller than a year ago.
October exports Of leading products were in
value S76356.124. against SII46l.iA last year,
which is really remarkable in Vie" OF the great
difference In prices. Although breadstuffs, cat
tie cotton and oil were Hide less in value than
last wear the gain Of $3W0.OO0 in provisions
nearlv made up the loss. With an export bal
ance exceeding S5o.OW.0tD I'm that month and
solid cornerstone laid for larger in November.
there seems no room for worry about money.
though with more active trade rates might nat
urally work a little higher
Wheat receipts this month thus far have again
exceeded those ~ last year. in two weeks 10y
( poo On0 bushels or - per cent-eXtremey
mar announcement for those who are hunting
short crop signs Exports in two weeks have
heen about 100000 bushels Less than last year
or 81 per cent. but this follows an Increase of
/ 700 600 bushels in quantity in Octoner, Hour
included SO that shipments for the crop year
have been S,.j11 ga bushels against SOll62S
last year Yet last years movement was be-
vond all precedent, and not expected 10 be re-
peated 1t is noteworthy that the corn outgo
does not abate but in November has been about
500 600 bushels larger than last year ana IN
octoher WAS about 100000 bushels larger so
that for the crop year about 53.5oOOOO bushels
have been exported, against 5I300,0UO last year
to date.
The appearance OF Neius estimate over
week ago promising | 100000 bales OF cotton
has not affected the price, which stands at o3l
cents with no disposition shown to take
chances for a rise Many think a quotation al
the bottom record ought not 10 pass daily with
out some recovery OF confidence. put ooVoVo
bales more than a year ago TO date have come
into sight and not 10000 less in November thus
far. while takings of spinners have been 1900
bales less The fact that exports In November
have been 10000 bales greater than last year
gives no sign what the outgo would be If prices
vvera not at the very bottom. The goods busi-
ness shows encouraging Improvement In orders
for snring but the reduction Of American shirt
inps and some other prints to 5 cents. with
sales OF denims at a reduction does not indicate
that surplus stocks have yet been wholly cleared
off
The output Of pig-iron 22S,93o tons weekly
Novenber l. was 1890 more than on october
ard the decrease OF reported stocks unsold
v.a "a ol1 tons In October. These figures indi-
cate a consumption Of lol964G tons during
,b. roonth or about 80 tons daily more than In
Anru last year. when the weekly output was
, 40, tons greater, but stocks were accumulat-
inc The EXPORT movement is growing orders
,,, renorted last week for 10000 tons stee!
rails deliverable In Northern Europe. ana Tor
1oo 900 tons plates. besides many others FOR bar
,vire and other finished products. 1t IS reared
-, sor,. that the pending combinations In rails
,,o,es wire and other branches OF the busi-
r.ss may hoist prices so far as 10 check TINS
rontdlv developing foreign movement. but that
,,o,ld NOT he a profitable policy for the manu-
facturers Several large domestic orders for
oors shin and car material and other products
ar, aIso reported and the only change tn prices
noted FOR the last week was slight yielding IN
Grey Forge at PittsOufs
,rb. heavy sales Of wool at concessions to large
manufacturers have not ceased. although last
,,. on.ratlons were much smaller than those
~, ,ha previous week Many holders stH re-
f,s, IN follow the concessions which others nave
rnade and a decided improvement IN tePor''u
orders for woollen goods gives them an en-
couragenent which may prove deceptive ior "
"a Questionable whether the better orders ""u'u
have heen given or accepted II cheaper na'erla'
had M, been secured Meanwhile IT does not
apn.., that tho orders for mems goods for next