New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-12-25

There has not been the least yielding IN prices
OF products or reaction in trade because Oh the
fall In stocks. Banks and other concerns Ell
gagged in stock promotion or speculation nave
failed but not copper Is really weaker
than Il was before the panic, though quoted n
shade lower. Pig iron quotations are JUS.
those OF four weeks ago. and while prices Oh
iron and steel products had dropped on iittle
they recovered n part last week. sheet Dars
and sheets remain weak, and Eastern tin plate
works are about to close. and there are still
some works taking orders for plates less than
60 inches i'm width at 50 %. though the works
making the wider plates ask ~ % Bars are
more firm at Pittsburg and jobbers report that
business was never go large before at chicago.
The beam pool decided not to change prices put
renewed It's compact for next year. and In pipe
some large orders have been placed, said 10
cover about one hundred miles. Tin and spelter
are a shade weaker. but lead stronger and TN
plates unchanged
While recent orders for boots and SHOES nave
been restricted by the rise in prices, the great
urgency of dealers to get far advanced dellN-
cries on previous orders indicates an enormous
distribution to consumers and explains the snip
ments amounting 10 2S5,jO6 cases in three
weeks. against 236, $40 last year 2SIo03 In
and I'm 1899 only 2O9917 cases. New trade Is
small for the time. but deliveries this year nave
been 100000 cases more than in any previous
year and - per cent more than in 1891. sole
leather remains stiff. but there has been
sudden decrease in demand for upper leather
and the hide market at Chicago yields at least
about one-quarter cent for most kinds
Textile industries are doing wonderfully well
he Of
Of heavy woollen goods for fall show irregular
advances in prices while wool Is firmly held AT
advances made about December l. though sales
have greatly declined, amounting to only I,3lZ,-
100 hounds at the three chief markets last week,
though in two previous weeks speculation had
raised the aggregate TO 22,677,JOO pounds IL
is still uncertain how far the consumption may
be checked by advances in goods proportloned
TO the rise in wool which would be over 10 per
cent SILK works are doing well In spite or the
great rise In raw silk, nearly 10 per cent since
January /. The cotton mills are working at full
force and getting prices for goods only b per
cent lower than an average proportloned 10 the
rise in cotton.
Though cotton broke sharply with other specu-
lative objects on Monday, it has recovered
little and receipts from plantations o5h'ot
bales less for the month thus far, ana ABOUT
100000 bales less since September l. give
some support regardless of speculation. But ex-
ports since September ! have been l.4l2ooo
bales less than last year, with little IN
crease In takings by spinners. Wheat Is NOV
ing slowly only II 205f94 bushels, -four In
cuded. having been exported THIS mohIh
against IS G2T $40 last year to date. but the
price is supported by Western receipts less than
half Of last years. Corn exports, 11,I42eS4
bushels against 11.744.14f last year. have sus-
tanned prices with a slight advance
1t is not usually a sign of bankruptcy If
man lends a few millions. and the United States
shipped $5.OooOOO gold last week to help Eu-
rore premiums being virtually paid. although
on merchandise account Europe should be pay
ing more than ten times AS much on December
business alont Imports gain largely. 1t Is true
In three weeks sos per cent at New-York, but
last years trade light that equal gains
everywhere for the whole month would make
the total only s72112NoO. while exports here
gained for two weeks just 20 per cent, which at
all points would make the total exports $685.
100000. Owing 10 the decrease Of cotton ex-
ports which take off about S11 100000 in spite
Of higher prices. the amount will not be so large
but the excess Of exports will still be enough
to trouble all the banks of Europe II payment
required. AS trouble here would not in
crease the buying OF American products the
country we'll afford to lend months output
Of gold. more. BY further assistance
from the Treasury and cooperation by the
banks stringency in the money market was
much relieved, but 1t is hardly surprising If
some pressure yet remains in view Of the
enormous settlements to be made about Janu-
airy l.
In asserting the loyalty of the Irish soldiers