New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-04-10
and Brooklyn Rapid Transit. which deciineo
1874. being sold, besides about $4,000 shares OF

and Brooklyn Rapid Transit. which declined
1874. being sold. besides about 5S.OOO SHARES Ok
Metropolitan. which declined 10 points
Outside the stock market business was OF as
touishing volume New-York clearings amount
ed to 81. 543 123. 642 for the week. but payments
amounted to S5S6SS2 3S5 at other cities In hve
days so that the weeks total was probably
81 200, 600 900 or more. exceeding the same week
last year by about 63 per cent and the week
in 1892 by about 60h per cent. The March
clearings S. 726. 500, 13S. were much the largest
ever known In any month. even exceeding those
of January by 1924, 900, 900. those of last March
by 54j per cent and those OF March. 1s02 by
64.3 per cent. The quarterly exchanges. S24,-
200, 665.503 in amount. exceeded last years by
4Oj per cent. and those Of 1852 by 49.3 per
cent II anybody had predicted when President
Mckinley was inaugurated. that "in two years
"the countrys business will be 90 per cent larger
than in the most prosperous OF all past years.
he would have been mentally stoned to death,
as prophets are. The best of 1t is that out
side New-York and its stocks the clearngs
in March were 37.5 per cent larger than in
March, 1892.
Foreign trade is heavy. imports at New-York
last week being S2.OSS,0 600, or 20 per cent more
than last year. and exports S520OOO or per cent
more The imports lifted customs receipts to
SOIL In seven business days Of April. and
all receipts to S11 1881 5S3-another bad dose for
those who assert that the tariff Is a deficit
breeder AS calculated to cover its part Of all
normal expenses In peace, the tariff should have
yielded S3,S19.0 600 in seven days. about $1,000
600 less. Railroad earnings in the fourth week
of March Ill per cent larger than last
year. and for the month thus far reported go
per cent larger than last year and 12.9 per cent
larger than In 1892. every section showing In
crease. the coalers 20 per cent. the Southern
roads % and the grangers IA per cent
The cotton movement is larger. 1881 bales
having come into sight in April, against 101 $50
last year. making 10,0I5.431 bales April I.
AS exports and takings OF spinners continue
small. weakness is natural. ard 6l9 cents Is
quoted. against 6.19 cents a year ago. Wheat ex-
ports fell slightly behind last week. flour in
cuded, only 33s4S00 bushels having gone out.
against 3,77S726 last year. though Western
receipts continue heavy, 3,So1.Ol1. against
1901 305 last year. Corn took a turn for the
better last week. 3.412,4 $50 bushels going out,
against 34S365O last year. II reports of in
jury to growing wheat should be sustained, the
foreign demand for both grains would be
strengthened.
The bulletin OF the Iron ard Steel Association
adds further evidence Of the increase in iron
production. The Tennessee Coal and Iron Com
pany reports two furnaces OF about 500 tons
weekly capacity TO start on April and 10. one
other on May 10 one Pioneer OF 1000 on April
80. one Soss OF 900 on May 90 and one OF 300
on July ], in all adding $500 ton. to the 10000
previously reported. Part OF this increase has
already been realized, and though Grey Forge
is slightly stronger at Pittsburg prices Of other
pig there and elsewhere are unchanged Or
ders for finished products are held back by
inability Of works to execute them more than
by prices asked. and yet many good orders are
somehow paced-one by Philadelphia for 5000
tons ship plates. one of 5000 tons for New
ark building and one of IL 600 tons open hearth
steel for the East River Bridge In minor metals
strength reflects heavy consumption. with Lake
copper at Is cents and tin at 24.35 cents
The few strikes in cotton mills where wages
have been raised. but not as much as the hands
wished affect but little the general improve
ment which the widespread advance produces.
The demand for cotton goods has been only mod
crate OF late, but large enough to prevent any
weakness In prices, The wool manufacture may
perhaps charge some hindrapce to persstency
of promoters who have led many to expect
combinations which will never be formed
few mills are we'll sold UP, some in heavy serGes'
though low-grade cassimeres and cheviots are
weaker In tone and most of the mills still have
less than their usual supply Of orders ahead.
The sales of wool increase a little as the new
clip approaches. and many are disposed 10
tighten old stocks even at some concessions All
imports of wooen goods in January and Feb
ruary were only about $3,0S2,O00 in value, be-
sides 100000 worth Withdrawn from warehouse
and with less than S11.O0O,O0O worth of foreign
woollens marketed here in eight months ending
with February, the manufacture is hardly hin
dered much BIZ competition from abroad.