The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1898-01-25

Of pig iron was causing weakness, eX-
traordinary demand for finished products
appears. For this season. 1T least the
general demand is beyond precedent. i'll
Guiding 10000 tons of steel rails for
the week. and 100000 already this
year, orders for plates 50 large that
1IttSbUrg works sem away some toI
other concerns. unable to ill all they re
ceiye, orders for bar are such that many
concerns are obliged 10 refuse more. IN
excellent demand for sheets and fair for
structural forms. Nor does this de-
lnand spring from efforts 10 combine
the makers Of wire and its products. and
makers of tin plates. Prices Of Ill Inn
iSied products are sustained by the de-
mand, though Bcsscmer pig Is > cents
lower al Pittsburg. but pig iron N en-
cago is strong. with some production Of
finished forms delayed by its scarcity.
The great strike Of operatives III the
cotton mills Of New England seems as
convenient to mill owners with their
heavy stocks unSold, as if they had or
derrd it. Probably it VIII last long
enough to work off stocks, and the print
cloth market is already about l per
cent. stronger. while a Slight advance il
noted in some other cotton goods. With
very Stagnamt markets for wool. sales
amounting 10 only 5.393.2 pounds at
the three chief cities. which reported
over iS.GO0.N in one week of Septem-
hcr. and GG, 900 900 in four weeks. the
inquiry for round lots is mainly for
three ei2hthS and Il quarter blood. suita-
BILE for chcviots. but have resulted in
little dealing. The mills have taken
satisfactory orders for such goods. prob
ably not without knowing where they
could 1rlt tj, wood .,.l a. 1,,I. ,aa.,.,
mnnt is distinctly encouraging. though
quotations Of the higher priced heavy
weights are still deferred. But a very
large business for the coming season is
already assured. according to reliable
accounts entitled to confidence.
Failures for the week ave 81 in the
United States. against 400 last year.
and 50 in Canada. against 90 last year.
TOTAL BANK CLEARINGS.
New York, Jan. 21.-FThe total bank
clearings for the week in the United
States were &1.4i6,1 S1. 122: per cent. in
crease. BOO: exclusive Of New York.
S3l1 ,20G, 800; per cent. increase, Oh.
HESTER'S COTS IN LETTER.
New Orleans. Ia. Jan. 21.-Secretary
Ilester'S weekly cotton statement shows
that 2S2.26"3 bales We're brought into
sight during the past week against 1Go.-
4G1 last year: for the tWenty-one days
of January 90. OS6. against 490.6S9 last
year. These make the total movement
this season S,211.119. against 6,SSS,SSl
Last year.
Since September l.. port receipts were
6.332.5 go. against 5.407.22 last year:
overland to Northern mills and Canada.
194.231. against 6O4.4O4 last year. In
terror stocks of this year. 532.217.
against 367.162 last year. Southern
mill takings. exclusive of the amount
consumed at Southern out ports. 3D.
093. against $1,000 last year.
Exports for the week We're oO3. 706.
against 133,936 last year. For the seat
son. f,3S}.2Wo. against 3.91O.292 last
year, an increase OF 412.902.
Northern mill takingS increased %
69S this week over last year and their
total takingS since September have in
creased 3:3O,69O.
The total takings of American mills.
north and south and Canada. thus far
for the season have been zoos. 703.
against 1.G54.f16 last year. These in
clude 1,465.3O0 by Northern >pinners.
against 1.134.G10.
Including stocks left over from last
year the supply to date is .613.
against 7.221. 400 last year.
The worlds visible supply is 100 $40,
against 4.431,039 last week. and 4.132.-
657 last year. OF this. 4.25S.94O. against
I .19S.G19 last week. and 3.196.351 last
year Is American.
Liverpool holds zoos. 900. Hayre 2Sf.-
00O, Bremen 2,UO0.