New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-11-05

dev,s na-ade was furnished by these men indi-
oates that they do not hold the Administration
responsible for unreasonable weather. Woollen
goods are naturally most affected but few con-
cessions in prices reported, and sales OF wool
steadily increase. which must mean that manu-
facturers more busy. few months ago
weekly sales at the three largest Eastern mar
ksts averaged less than three million pounds;
the latest report was 1904, 500 pounds. Prices
were somewhat easier during the dull season.
but holders are now firm in their position, ana
consignments from the West are accompanied
by orders to insist on full value. Sales are less
than a third what they were a year ago. owing 10
unparalleled speculative activity in 1879 Prlces
at the London sale are low, but grades are IN
fericr. and the United States is taking httle-
In cotton goods few changes are reported; PRINT
cloths declined slightly, to 3s cents owing 10
cheaper raw cotton recently, and yarns were
dull and weak.
Expectation OF frost the principal specu-
lative influence in the cotton market and re-
suited in a gain OF eighth. But actual in
jury did not occur, and half the advance was
lost Last weeks shipments abroad were more
than 125 900 bales larger than in the same week
last year. and for the crop season there ap-
pears an increase of 2OS.74S bales. Great Britain
has taken literally, even at the high prices.
Strength might result from this free expectation
were 1t not for heavy receipts at ports and in
terror towns which made the amount brought
into sight last week 900 bales larger than a
year ago, while Northern spinners have taken
161 607 bales less than last year since Septem-
Der l. and even Southern consumption falls
slightly behind. Wheat has been f1rmer on &C
count of reduced estimates from Argentina and
reports Of famine conditions in some parts of
Russia. Switching of options on November 1
made 1t difficult to secure even an approximately
accurate cash price, but December futures ad-
vanced about two cents for the week. A corner
in October pork the feature OF the Chicago
provision market. but after 1t ended there
general weakness and inactivity.
Money ruled easy at average of about
per cent, with exceptional quotation at per
cent. Comparison with the corresponding week
of 1895 is significant; then the average IS
per cent. with ia the top point Nothing
could better indicate the extent to which conf
dence is now felt or the anxiety that pervaded
financial circles four years ago. Currency has
almost ceased to move toward the South. and
Western banks are supplying grain people with
out calling New-York. Commercial paper
is scarce, which Is another satisfactory
hibit. The associated banks reported little
change in reserve. although heavy receipts of
gold from abroad should have caused a gain in
gold holdings. The method of computing aver
ages is doubtless responsible for this apparently
unreasonable showing. Stock market operations
were rather limited. and the sixty most active
railway shares declined average Of 50 cents,
which not surprising, after the almost
interrupted advance OF preceding weeks. In
dustrial securities were practically unchanged,
and traction and gas stocks declined 81 40 a
share.