The evening times., 1899-11-25
1JN's WEEKLY STATEMENT.
Monetary Anxiety Vanishes and
Burfnesp In Good Condition.

| Monetary Anxiety Vanishes and
Burfness In Good Condition.
NEW YORK, Nov. 25.-Dun's review said
in today's ISSUE:
Monetary anxieties have faded with
| sales of bonds to the Treasury under the
recent offer, the fall in sterling exchange
| in spite of dearer money abroad and easier
| rates here, and the receipt of about $3.50, eco
net from the interior during the week.
There is no trouble in the commercial
money market, and loans on securities have
ruled at easier rates. While the extraor-
binary volume of business throughout the
country requires greater activity of cur
reney than in ordinary times. there is NO
indication that the volume has rot been
ample all the year, and the course of money
markets throughout the interior shows that
embarrassment here has been due to opera
tions outside industries and general trade
Payments through clearing houses show
wonderful expansion, the daily averages for
November exceeding las; years by 24-7 per
cent, and those of 1892 by 49.6 per cent.
THE iron industry shows no yielding in
material, but little advance in Bessemer
pig at Pittsburg with large enquiries for
next year. Prices of rails are maintained.
Structural prices do not yield, and angles
are quoted higher. The general ratio OF
prices for all finished products. is now 2.34
per cent lower than November l, although
the average for pig iron is / per cent
higher
Heavy orders in the past are reflected
by shipments of boots and shoes amount
ing to 2Si ,2d2 cases in three weeks, 16.5 per
cent more than in 1897. New business s
checked hV ris in prires V,eafh-
er continues very strong, higher prices
seeming to increase the demand, which in
some grades exceeds the supplies. Sales
of wool pass all records, having been at
the three chief markets 81, ,69i 203 pounds
in three weeks of November Cotton goods
are rising and print-cloths have been ad-
vanced an eighth, a proposed sliding scale
at Fail River having probably averted
strike. although at other cities higher
wages are demanded. Cotton advanced
3-i6. the decrease of nearly 500, 600 bales
in exports this month being more than
balanced by light receipts from plania-
tions. Estimates by i5U members OF the
New York Cotton Exchange averaged
9.6l3.GU0 bales, which exceeds trade pre-
dictions at the South
Wheat wearied SPECTATORS with scarce
ly any change in prices for the week.
Though Western receipts are 80 per cent
peio" tiosc Vi idst year IUT Tue Mech, AM
have been in three weeks but l6.565,313
bushels against 2S.544, 1893 last year, the de-
crease in exports is heavy. From Atlanti,
ports the outgo for three weeks, flour in
cluded, has been only I,I6l,1Sl bushels
against li,26S. 1873 last year. Pacific ex-
ports for three weeks have been 2,112, ,i5I
bushels. against 3,376, ,909 last year. So
slender foreign demand in Atlantic mar
kets with prices as low as they have be- u
tends strongly to prevent i rise.
in spite of the great decrease in cot on
and wheat. exports OF merchandise from
New York have been nearly 2,5Oo,oo0
larger for The week than last year.
Stocks changed very little during the
week. closing - cents per share higher r
railroads and 33 cents per share lower for
industriais. Earnings of railroads give
ample encouragement, in November thus
far exceeding last years by So pSr cent.
Failures for the week have been l9l
in the United States as against lSS las
year and - in Canada against u last
year"