Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1899-11-25
easy MONEY market
Recent Action of Secretary Gage in
Reckoning Bonds Relieves the
stringency.
East Now Has Sufficient Volume Of
Money to Meet All Con-
tingencies.
General Ratio of PRICES Lower Than
a Month Ago-Trade
Reviews.

New York, Now Pr. G.. Dun &
Co.'S Weekly Review of Trade today
says:
Monetary anXieties have faded with
sales of bonds to the treasury under
the recent offer, the fall in sterling eX-
change in spite of dearer money
abroad and easier here. and the receipt
of about $750,000 net from the interior
during the week. While the extraordi-
nary volume of business throughout
the country requires greater activity
of currency than in ordinary times.
there is no indication that the volume
has not been ample all the year and the
course of money markets throughout
the interior shows that embarrassment
there has been due to operations out
side industries and general trade.
The iron industry shows no yielding
in material. but a little advance in
Bessemer pig at Pittsburg, with large
inquiries for next year. Structural
prices do not yield, and angles are
quoted higher. Copper is unchanged.
Tin has been depressed to 27ks cents
by London speculation; lead is un-
changed; spelter is lower with sales
at $40. and aluminium is higher at SO
cents for ton lots.
Heavy orders in the past are reflected
amounting TO 2S1.272 cases in three
weeks. New business is checked by
continuing rise in prices, which have
reached IN some grades 90 cents per
pair, With one large contract in grain
creole at pig cents per pair advance.
Sales of Wool pass all records, having
been at he three chief markets 81 69i.-
20S pounds in three weeks of November,
whereas October sales in five weeks
We're but 6S.3l4,aS9 pounds. and in only
one other fun month have sales ever
reached 60,000,o00 pounds The trading
is largely between dealers and leaves
no indication of consumption. The de-
mand for goods continues so large as to
encourage much buying by mills in
spite of the advancing prices. Cotton
goods are also rising, and print cloths
have been advanced an eighth. Cotton
advanced another sixteenth; the de-
crease OF neal's- 100000 bales in exports
this month being more than balanced
by light receipts from plantations.
Wheat wealied spectators with
scarcely any change III prices for the
week. Though western receipts are 80
per cent below lost years for the week
and have been in three WEEKS but 16.-
565,aoo bushels, against eS.544. 1879 bush
els last year, the decrease in exports is
heavy. From Atlantic ports the eutgo
in three weeks. flour included. has been
only 7.7st1S1 bushels. against 1l,2s5,l5S
bushels last year. Pacific exports for
the three weeks have been 2.I12457
bushels. against s.37s,9o9 bushels last
year. So slender foreign demand in
Atlantic markets, with prices as low as
they have been, tends strongly to pre-
Vent a rise in prices, and the exports
Of corn have Some Influence amount
ing for the three weeks 10 l1.76s6iG
bushels, against 7,572,o3S bushels last
year.
In spite of the great decrease in cot
ton and wheat, exports Of merchandise
from New York have been nearly 80, :
5og,o10 larger for the week than last
year. ana for three weeks only about
Ssqo,O0o or per cent smaller than last
Year, when from all ports the value for
the month was si2s 1886, the largest
ever known in December, and tie ex-
eess Of exports over imports was ST.
7cil$7.
Failures Tor the week have been 1sl
in the United states, against ISIS last
year; and % in Canada. against u la st