New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-10-08
sIANClAL RECORD
acre and ABROAD
,.,,ou Relief Plans Cause
wv. .".vs;etv--Money Trend
reward Normal.

,.,a plans proposed 10 re-
he .rssb;u caused by greatly
SeN ~ foreign takinSs Of our cotton
r'acsa ,,ched here with much IN
~ Nihs a some anxiety. Bankers Of Il
srss sns seSnerslly feel that anyth,hs
ais ely - consumption OF the
as far'nst staple should be eneour-
Sstss grySS s, the attempt to hold any
.esJ bo' ne Of the crop at an ar
~ 81, p,rsIustiOn will merely s,;,r DC S' Nc
.sssl trouble for the iu,nr re-, s wo
u Sp NO authority that can On,
ne heis acreage next season as Is
Svs sisS .n be done IN Egypt, so ait
occteo ~ this seasons cotton 70
fryiae ~ - next years yield may wei,
n in,e 81 - vili again be confronted
=, "a the sane problem
v.a.rnl Reserve Board has sp-
re committee 20 consider Nhe
Si,'ee Nhsnkers' cotton pool, and IL
fS, assumed that their lnnu u....S
sS sxerted against any unsound
" Is The President wss reported
Sssns. as refusing 20 commit MN,
rs.eioS, ~ OF the plans suggested
81 70 ~nrpssing his appreciation OF
f'assa ,nlties in which the South was
s The Senate Committee on
s ,seIyr and Currency has before u an
snA example Of valor'zauon IN a
's .bs. would provide for INC nc, F oeo =;
" n~ 60 deposit 5000 100000 IN
Irssua! ,he cotton belt 10 be loaned
sfS rs, a. rate Of not over . per
e0'' 10 cents pound, though the
s'i ~ sno, markets have been gen
Ally Ally quoting Jess ;han y cents
:. this city gradual monetary I'M
u 49, continues, Though we are
F' -, from having any real money
-, The better buying OF CONNER
= nsper, noted earlier IN the weeh'
MpsJ;ns further among local oan&s
.srst companies. Savings bank de-
no a, their sixty days notices eN-
rs" understood to be withdraw
49,, Al the rate Of about 20 TO 80
y, ssnt Of the amount originally asked
Z, The commercial situation also
's.r. Gradual Improvement, and Octo-
.sitlements. which are the heav-
~ ~ the wear. are expected to be
Slated without much difficulty.
r,s steel business continues TO fur
- ,snorts of contraction in orders,
"a ,ke Steel Corporations unfinished
'.r,sse. when made public, Is expect
" n show a heavy loss last month.
>, iron production in September was
'nSs 1900 tons Q day smaller than IN
iTy1st. ana the capacity on the hrst
a his month was the lowest III more
lbs, three years.
Cr,a, Britain's foreign trade last
,,rth was a little better than III Au-
-, In, still much below that OF 1913,
morris and exports each being reduced
,sout $4,000. 0O0, with trading IN man
injured articles making a partlcu-
s,ly hesvy decline The fourth Brit
81 war loan Of il5,OOo,OOO was re-
Sred placed easily AT under 3St per
spt and an issue of 100000 of ten
ear per cent bonds was put out by
he London & Southwestern Railway
4 the high figure of 1884. Russia Is
v,der.,oOd to be planning a war loan
d s250,OOO0OO at per cent.
The foreign exchange market here
VS. quiet, as 10 available steamer
allied for London until Saturday. Ster-
hg !s,es were shade frmer. Esti-
-sies Of our grain crops, on which tins
yssr our foreign position so largely
..psrds, were put by the government
yssxrday at Se2.0000OO bushels Of
Wheat 2,676,OOOOOO Of corn, 49,, OOO,-
NO bushels Of oats. Corn condition
Improved rather more than had been
dpected The estimated yield was
l.scsd al 100000 bushels above that
rsis the month before, and the total
s more than 200000000 better than
A.i year and not far below the five