New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-09-25

,,oralv manufactured in order to secure O''
q, controI Of street railways Is ohly
Int may possibly be Indicated oS 49,.
not far off The fact Of greatest Pu'''O go,
&c that enormous liquidation In many i'N
s,ocks WAS also effected, leaving '"e "'
urith far greater confidence ana
more satisfactory reserves thah
ont OF 57OOO shares sold over Hlii'l0i r,
of Rroollyn Rapid Transit ana over
~ the three street railways Inv DIN
,,d,,s,r,s1s all declined except Leather
and made up sales OF I15Voo shares' ""''' oo-
a,, oot,,o railway stocks sales were so
G75 shares two closing higher anu wv aa,oa
,,o,,t two hundred other stocks MADE up s"'''
Of over 10000 shares the naJo'''' a"
-. t,,rt,-oipht Of the sixty most active ran
road stocks closed higher than "'eA as
s,dss many others which closed without cna'e'
~ ,oroyo for the railways advanced VI Genus
aAoro ,or the week. and the average for III
,...,aI. d.c,,nod 81 cents for the week
,,,.o, ,ysu street and It's boldest operators
-, long sscape the constant and powerful
influence OF general prosperity III
,,,. ,o,d,,iors which cause that prosperity seem
to..o,d any control AT intervals men OF CON
o,,,.o Thought have been expressing DOUBT
,.Lor srch conditions could last much lo"s0''
,,,. ,r zach case go far the fearful nave oe''
al. d,sappointed Monetary anXletes WIZ
o., tu+ events showed them mistaken Ooi''-
r,,o1 1oans are still taking here oy An'7''o
,o.,,,s 60 a considerable amount. and the cou' &C
to, exchange has made II clear ''"'
,.-, aims in gold would be at commah" IL
.oodoa sales of stocks on foreign a''o"'N
..,,,,,obl, have covered much or the prey
ten ,,hich foreign holders would ih""'
g., ovent Of war, and have peeh 'elna'
H.. ,,ou mot under the circumstances "''
,..,rts NJ merchandise at Ncw-NorK III M, M
uoaLs have exceeded last years by 9'o'0'o
49,. ovnorts from this port have fallen oe"'''0
49,. ,.oar,s about 81 10000. the comparlSo" 10
.n month in which exports last year eN
coded ,mnorts by more than SlGoo""""
,,, rror AGE" last week showed NViF
,r,,. and seusiblv that such prices az nav
- ,,o,ad Cor iron and it's products C'"''
,.-s,,. f,u 70 cause some shrnkage In DEMAND
-. ~, sor,e ISSUE showed further advances III
cro, Forge and Chicago coke, in oilletS ~ F'
o. pittshurg and S41 at Philadeipha' }" '"0
hors 70 S37 ~ for delivery into next Se"i ~
roue n S33 in sheets to 50 ID for no. - ]" ""''
- e. ~ at Philadelphia and Pittsbulg an" III
,.os IN So 90 with premiums or - % - "0
,ord those naid for early deliveries. I"'se "'''
o,hor advances are all described as resulting
,r,n, demand beyond the capacity OF ""IN''
that those who must have small quah''''
already covered by contracts have 10 pay WHAT
a,.,- walkers ask and are often refused At any
,r,ce The fact that the bulk of the business ~
done and will be far into next year AT rover
ec,roa than those now quoted may ne iouhu "
have an important saving influence.
Tho nrlces Of boots and shoes and leather arc
orDarontlv pushed upward by similar FORCES
though the rise has been relatively small n0
urgency Of demand for goods does not DIMINISH
although the orders for next spring are w S''
much smaller than usual Many tanners are
soid much beyond their output. ana macs aver
age a little higher at Chicago-higher thah d,
env time since May 1S93-althouSh the impress
s,on "a general that reaction may be near. Inc
900, r,orLot &c stronger with an advance OF I'D
nor cent or more in n vored grades at the Lon
don sale though no quoteble change mere i
90, recorded The sales are heavy. l3.443'Noo
mounds for the week at the three chier mar
Le.s Tho American WOollen Company states
that the entire capacity Of all Its Worsted mills
has been closed, leaving large demand open
FOR other works which in competition may get
higher prices In other woollens safes haNe
heen heavy. and with some advances IN price
Some cotton goods also. not affected ny the + All
River situation. have been pushed up by urgent
demand while the situation AZ that point tehuS
to raise prices of plain goods
Cotton has also risen to G62 cents, with more
foreign buying than has been anticipated al
Enough 600 Sos bales have come into sight since
Sentenber l. against $50 661 from the unprece-
denied crop Of last year. Commercial and mill
stocks Of American hero and abroad are now
6:eO ON bales larger than a year The belief
md for
heavy and that the injury 10 the crop VIII
prove rather larger than some have supposed.
Wheat goes abroad freely I'm three weeks from
both coasts. -four included 13.52l,o23 bushels.
against 10. 100 426 last year, and in the same
ve,ks corn exports were II 764 594 bushels,
| against 9O26 1914 last year It IS not surprising
thar the price Of wheat lifted half a cent and
corn nearly one cent. As long as the heavy
grain movement continues. with such demand
az 10 raise refined petroleum to $50 cents with
little better prices FOR pork and hogs, unfavor-
able returns ~ foreign trade are not probable.
The KEY of everything is A volume Of demand
so great that the enormous payments through
clearing houses. last week AS per cent larger
than last year and 627 per cent larger than in
! 1892 represent only such part Of It IA bidders
! can get satisfied with mills all overcrowded and
stocks Of goods in hand the lowest for many
wears II is this vast distribution to individual
consumers which is apt first to shrink because
~ advancing prices, but as yet the shrnkage
does not come. while the demand for the expan-
s,oa ana reconstruction of manufacturing and
Transporting facilities throughout the country
actually seems to increase, with every month 3
proof that the better prices and larger business
now witnessed arc liable to last for some time.
with Havana renOrting eXnorta OF over