New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-10-29
,IlgcIAL RECORD
'@ sIRE and ABROAD
=. decision and Steel
Rae 9'aa,ss.tpry--City Loan Pay
l''', ~ent by Check.

- Of permanent i'm
VII '''3 % foreign exchange the
.,sssrs'' - hroadenine and hnanc-
sssss T'i '"rOlus cotton arranged f0,'
* q re 80. - attaches TO the adj
r.si i'p, ,. case faal argument N
$3.50 . ','' ro.dsy. A promE, de- e,
Ais' open, ,..,i for. Il favorable, It
aor Is n.5 toward restoring tna'
|,a . "' Which. according 30 the
,sssierH -.,8el 90 bring about
pradsft e e. the lass two years the
rssPene., ,,fs OF the nation has SUI
ssnssS ,so belief shat the fedora.
,srsd rs rs we're more JesirOus OF re-
as.As'h.' - than of encouraging
..,nisg bosiie ..-,osr8 rusuring u fsir
4 Assam, money invested m trans
...ugr iTo,. towsrd sustaining rail-
rortsiisn At this trying }uneturs
rcsj eco. -o some Of the undue anN-
pssld Fth XIV. depresscd financial senu-
-, ,hsi hss o'F'
nsrt . steel trade interest IN the
n as go more than sentimental.
rae IS, .-.'urosd orders has been one
Fsilars p l,r;nsl causes of the decline,
o. be pTin ...yv that has reduced mil
n be lnaos 'ayyouud 30 90 40 per cent
oy', ...,s,y and comp'',Sn 49,, c,,r stocL
q e.F apo to place rs common .k s1o1N
CarP'iIs1.,.," cent basis. Trade puollca-
% ! p, -, lack Of untitled tonnage IN
tisn: fsgo' particularly dlscouraglng
s.esl rsils' a. ou,loos for the winter.
falart . '.Ssl aye not being main
Pre-; T During the wees o'.le i,' sne 20
;s'so s5re rods were REDUCED SV
ssFs 49, ,on steel plates "no shee'S g
&c n al ~, sxport figures for Septem-
Ds'aleI! more clearly how the re-
asi sip.s.H II war. Joined with slack
7liltn1eil'.s, in Europe, are affecting
- . .T, Foods'uts sent S oGt oa ia
aa s sb were valued 80 SSO'VVO'vVV
Es nSn ., IN September last year, but
Dsfs . ss, for use 10 manufacturers
~ T ,.s han $40 100000. against $50
s.'. ls's Ioss that cannot be wholly
e's.s~s y for by the SoV'ooo'ooO crop
, , soI.Oa = Nom Europe fell of some
~ ~ sS, an while exports were around
se's SSo,6 lover. Germany, which
Sss ~; ~, 81 100000 .r 1913, showing
icoA W. 80 e. nn1 To the United
I. t''s "a. v r I sent within Sl7,000,O0O Of
. W, y. ',sar's total, but IT'S sApments mere
ss!SsJ those Of 1918 by nearly 81
S ~ M which shows why payment OF
49, e. In London .u merchandise
81 - casv. Our trade with
-. Britain last month showed an
el's. sycess OF under SlO,OOO,Ooo,
~, ,he year before 3, was around
49,, Vas repor,e5 os awaiting an
...-esner- from the government as
/. gssnount of assistance that would
~.,,ed 20 the Stock Exchange.
~, a ID expected. v'.l not be any
Fs,, near so great .s vas proposed
!. slsn made public last week. In
80 tho moratorium was further
80 Bank dero-itors viii be able
q 5,T ont larger proportions OF their
S,,,,,.. in Noyembgr and December,
"a Selection OF commercial debts viii
y made easier.
T,g foreign exchange rates we're o
IA srmer. In spite Of sailing Of mid
T,sS steamers. Purchasing demand
~, i,irly brisk end marks were bought
-o,s indy thar tor some weeks. The
,,sr exchange market was recognized
d h, Managers Of tho city loan syn
cate. vho issued d call f0g subscrlp-
ions payable in checks through the
llssnse House. TITS may cause some
anpsnry difficulty as o number OF the
loal Institutions had been providing
themselves with exchange so as TO
lvaid givng M gold