New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-03-20
"speak OF an organization or con'i""'''''
"'from which the greater part or lis hhen'o'''
"arc excluded"
MONEY AND BUSINESS.

lose their Jewels. or more, those VINO C"o"'O -
play with high explosives sometimes 90 W."
without knowing 1T. and those who like 10 uea'
I'm Sugar and Tobacco probably find quiet HNes
too tame for them. 1t was n hlghy spo'"
market with Sugar rising $50 -, Tobacco
S13 60 and others So to IS a share, ana the
, trusts gained in the average 50 ~ share
sales Of seven amounting 10 13l33l' sha'cS'
with two street railways 1862 63 shares, leaV-
ing of the only three railroads when were
active AL 45S shares. and Of all other STOCKS
! 49JSi9 for the week. But the average ior
eixtv railroad stocks closed at SI2o2 snare
AGAINST SD 90 last week. The quiet aDsorp-
tlon OF good stocks continues but the specu-
Iotivo crowd devoted itse'f entirely TO dynamite
II is the same sort Of spectators who swat
lowed two weeks ago any conceivable STORY
melting a tight money scare. but last weeN
found no story too wild for belief about inc
| !ndustr.as. II the sugar company mas pau
the Arbuckle- Doscher people some Millions al"
the Tobacco has paid the Continental So"'e
millions both are poorer by those mil'iohs' anu
have only uttered the BARRIERS invita''o"'
"Nextw on that theory the trusts are Wal''"s
not to shave but to be shaved stu more anu
Will certainly find customers. The other lh'ei
pretatlon that the sham fights OF the MuSNe'ee'
uptown are all poorly staged. In co'"p'i ''0''
with the burlosque in Wall Street "ou'n III
plv that the Street and the public were shor"'
which IS also possible.
No ono can reckon It dsheartening that the
great industry Of ombination-promouhs mas
80. frost MANY concerns are yet talked
about but it is noticed that posSlple par
,a,,s have boen Of late backward in coming
forward" and comparatively few schemes nave
been carried through. Many substantial PEG.
no u the public becomes distrustfu OF the "hoie
tusiress 90 consolidation and gives them no'h-
inc, hut q fictitious market for the stocks 'hey
yin want TO sell It may take some weeks OF
roet NJ the least 10 digest the enormous mea' Vi
! -. o.,,ritla, which has been devourad. ana 10
! provide new appetite.
/ rho only effect Of the wool combination Ee'
,.or,c1 has been weakness In WOOL as
match from Boston stating that some ue''e'
! nave shaded prices to , cents n scou'eu
"nound in order to effect sales In s'anua'u
lines mems woollens have sold 1alrly' VIZ"
nricoe unchanged but medium ana 10" quar-
/ tics sell slowly with prices faVorihs puS els
rbouqh prices Of cotton goods are se"el""'
.,.tatnad with wide sheetings. cotton nan
,o,s denins and coarse colored goods CUM
,r,orlv somewhat higher. the demand mas pee"'
on the whole. rather less encouraging .l""
y, late but the heavy sales aheau "io'N
exclamation. The yield In the price OIL INC ,'I
toriaI may prove Of some consequences
continued sales Of boots and shoes are repo' w.
IN = few. lines. both new transactions anu sup
rnonts appear lighter than was eApe0''''
! Chicago hides average n shade how'll
>-a1od,, soor,s able 10 check the upward move
r,ert in iron and steel products although win
drou,ol Of some expected orders for dofheS''o
warning that lighter demand and larger i"0-
S.'a,,or NAV both come before long. Yet one
vow oxnort contract for pipe IS noticed ana one
| -, br,dga work I'm Burmah. The shlpyarus
oorro, oven consider the orders offered. enc nav
, haon obliged to refuse eleven orders TOT
| ,oroo steamships in a single day, according 10
| nrL Iron Are" But other demands are also
.or,orl,oblv heavy. Notwithstanding the with
draval Of some orders. and In most cases the au-
vance in prices IS only legitimate result neS-
eoner mig Is quoted at SO 60 and Grey forse al
s13 30 at Pittsburg. with anthracite NO. Fl' Nv
here. while bars plates, structural shapes pipes
and sheets all bring somewhat higher prices IN
such orders as can be taken by WORKS not AZ
ready engaged.
Aftor falling 10 Tx cents wheat recovered 10
20 on SATURDAY. against SOS week ago. nut
Western receipts In two weeks have been Z'lZo'-
600 bushels larger than last year. with exports
-four included Of S512SG7 bushels against
S163S17 last year For the crop year the eN-
ports OF wheat, including -four, have been close
to III 100000 bushels. about 1I,oOO.OOo more
than last year. and even at present low prices
the movement from farms does not stop corn
exports have reached about 123SOOOoO bushels
in two weeks 10000 more than last year and
the price IS slightly lower The price or cotton
declined an eighth and May 10 points with
rather larger receipts although this month only
sos. 500 bales have come into sight against
A5o 90 last wear. The exports have been only
210149 bales. against $4,000 last year. which
IS not altogether surprising. for foreign mill
stocks are 1.014,O0O bales. and commercial
stocks 31O2.OO the two being 10000 bales
greater than a year ago and only 10000 bales
less than the consumption for the remaining
balf-vear at its present rate While the stock
in this country Is also considerable, and the
small buying by splnners even while their works
are most actively employed indicates large
stocks In their hands. II is not to be supposed
that receipts from plantations have ceased foi
the year.
The daily average Of payments through the
principal clearing houses in March has been 4G..
per cent larger than last year and j91 per cen
. larger than 1892 At the thirteen cities outsd,
Ncw-York the increase over last year has beer
81 per cent. and 434 per cent over 1892. wifi
$93. 600 paid daily at these thirteen cities
instead OF SGD 600 in 1892, currency Is natu
rally employed more actively. but no sign o
srlngency is reported from any quarter An
other million In gold has been shipped from
Australia to San Francisco. Merchandise i'm
ports this month at New-York have beer
SG4OO0O0 or 20 per cent more than last year
, when they declined rapidly after March
The exports have been Sl.000.000 smaller To-
two weeks Of this month. but they amounted
last year to SIP 600, and were sol 600 OO