The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1895-12-14

Snecp,ation Dull Because of sup
posed Cons piracy Among Planter TO
Mold Back Their Cotton.
NEW YORK. Dec. 13.--R. G. Dun &
Co.'S Weekly Review of Trade, when
issues tomorrow, Will say:
1t has been very quiet week, with
out anv disturbances. Prices OF manu-
featured products slowly recede from
the high-water mark of speculation,
and no material increase in demand is
now expected until after the mondays.
Int there general confidence that
greater activity will then appear, and
that works which have stopped little
earlier than usual will again be called
into operation.
The Government crop report caused
scarcely a ripple of interest, though
indicating less than 6,400,0oO bales OF
cotton. and a larger acreage than had
been expected of winter wheat Inc
great supplies of cotton brought over
from previous wears render it unlmpor-
tant whether the yield of 1895 was
seven or six million bales, except as
affecting future planting, and the eX-
tensive organization of planters 10
keep back their cotton deprlves small
receipts of their natural influence.
Whether from that cause or not, re-
ceipts have recently been over 40 per
cent. smaller than last year, but tax
ings of spinners and exports are also
smaller. The price rose three-siX-
teenths. and closed at $50 cents.
Wheat continues to come forward so
rapidly that past estimates OF yield,
whether official or unofficial. are dis
credited Western receipts were $685.
404 bushels for the week, against B.
403.611 last year, while Atlantic ex-
ports. flour included, We're but l,o4o,-
355 bushels. against 2,357,2lS last year.
At current prices. IT seems lmpropapie
that marketing has been out OF proper
ton to yield and prices for the week
show little change.
Iron furnaces in blast December first
turned out 216,T 97 tons weekly against
217,306 November first, with increase
of $1,000 tons in stocks unsold BUT
actual consumption is much smaller
than the output at present. and prices
again declined. Failures for hte week
have been 33s in the United States a
gainst $40 last year and 81 IN canada
against 40 last year.
BRADSTREET'S WEEKLY REVIEW.
NEW YORK. Dec. 13.-Bradstreet
tomorrow viii say:
With the exception of mild weather
at cities in Missouri, Kansas, Arkan-
sas and Minnesota, colder weather has
stimulated sales of seasonable merchan-
disc at nearly all points, but only by
contrast with preceding weeks. Whole
sale trade is duh, merchants prefer
ing to reduce stocks at the end OF the
year to make ready for annual invento-
ries. In retail lines, particularly in
holiday specialties. there has been
marked increase in demand, though
thus far in some instances not equal
to expectation. Irregularity is shown
in mercantile collections, general
trade throughout the country being
relatively most satisfactory in the Cen
trail Mississippi Valley.
Exports of wheat flour included as
wheat1 from both coasts of the United
States this week. aggregate 2,45s.oO0
bushels against 3,156.o0o bushels last
week: 2,536.O00 bushels in the week a
year ago. 3,217.o 900 bushels two years
ago, and 3.277,000 bushels in the cor
responding week of 1892. Exports OF
Indian corn amounts to 1881 900 bush
els. as compared with 1867, 900 bushels
last week, 292 900 bushels in the week
one year ago, and 1927, 900 bushels in
the corresponding week of 1898. The
present weeks total figures shows of
Indian corn are the largest for any
week since that ending May. 1892, and
are explained by Geographic advices
from New Orleans of an extraordinary
heavy outward movement there.