The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1898-09-27
BRADSTREET'S
WEEKLY REVIEW
Relaxed Activity in Some
Lines in Large Markets.
HE SOUTh'S DRAWBACKS
YELLOW FEVER GUARANTEES
AND LOW-PRICED COTTON.
DULLER ON THE PACIFIC COAST
At the East the Least Favorable Reports Con-
tinue to Come from the Textile Indus
tries-Improved Foreign De-
mand for Our Cereals.
mand for Our Cereals.


New York, Sept. y Bradstrccts to
morrow will say:
fest themselves chiefly along the lines
previously noted. The Importance of Il
large export demand to the country's do
moStic interest is Illustrated by the i'm
proved tone and prices of wheat and
tiour this week. growing out Of the bet
ter foreign buying induced by less fl
Norable russian crop reports, smaller
shipments from that country and APP
parCntly continued careful selling by
American producers. Raw cotton, on
the other hand, reflects probabilities Of
continued plentiful supplies and rather
SLOW demand III quotations, lower than
the lowest point reached in the year of
depression, 1891, when a large yield was
coincidcnt With poor trade, industrial
troubles and tight money. From the
West and Northwest adyices continue
largely in the former cheerful strain.
Some relaxation in activity is pcrcepti-
bic in some lines at large markets, but
the volume of trade as 4 whole is cvi-
IDENTIFY equal to any previous record. At
the South low-priced cotton and yellow
fever guarantees affect trade adverse
~. Improvement III one section being
counterbalanced by less favorable ad-
vices from others. Less favorable condi-
tons on the Pacific coast are most nu-
merously reported III the States of Ore
gon and Washington. Conservative
management earlier III the year, how
ever, has resulted in fairly good condi-
tons in California, where crops We're
less favorable than further North. and
failures are down to Il minimum. At
the East the least favorable reports CON
tinue to come from the textile industries
Wool is quiet. and manufacturers are
not encouraged to buy heavily i'll view
of the very moderate trade i'll WOODEN
goods. Cotton goods are i'll bette" dis
tribution, but prices bctray the unset
Ting Influences of low prices for the ma
terial and print cloths are slightly weak
err. Activity i'll iron and steel mrnu-
facture continues unabatnd and similar
conditions are reported abroad. Talk
Of further moderate advances in price
has increased. particularly in this QUA
try to-day. generally speaking. is the
cheapest market for IRON and steel III the
world. The export trade in pig iron
y u l'o-I ? 49,
heavy. and another advance Of - FER
cent. is reported by some large South
crn concerns.
Improved foreign demand for Ancri-
can cereals is shown i'll the enlarged
volume of shipments this week. Wheat,
including flour. shipments aggregate
bushels last week: 5.7OS.S25 bushels in
4h, commemorative, u-noI- nf co.. > Oon
466 bushels in 1896: 3.151. 9O1 bushels in
1899, and 2,562,JOO bushels in 1894.
Since July LIST. this year. exports of
wheat aggregate 4~1.16O.444 bushels.
against 5O,31O.525 bushels last year
626,29O bushels, against 2,331 ,OO5 bush
els last week: 4.O22.1 42 bushels in this
week one year ago: 2.61O.497 bushels in
1896; 1.3GO.325 bushels in 1895. and
1O4. 900 bushels in 1894. Since July
LIST. this year. corn exports aggregate
333,365, 165 bushels. against 3S.:399, 991
bushels during the same period of 1897.
Business failures in the United States
for the week number 1S2. against 113
last week: but compared with 237 III
this week Il year ago. 321 in 1896; 19S
in 1895, and 2O4 in 1890.
Business failures in the Dominion of
Canada number 10, against 20 last week.
30 i'll this week one year ago, and 81
in 1896.
BESTER'S COTTON STATEMENT.
New Orleans. La. Sept. Secrc-
tary IIcster's weekly New Orleans cot
ton exchange statement shows the
amount OF cotton brought into sight for
the week ending to-day to be 27S.244
bales. against 3O7.431 bales for the
seven days ending September BIRD last
year. This brings the total of the crop
moved into sight for the % days Of
the season to 541.7f6 bales, against
1881 bales last year. Receipts at all
United States ports since September
1St. 3I3.3S9 bales. against 494.OSG bales
last year. Southern mill takings were
bales. against 1882 last year.
Foreign exports since September list,
have been 171.2S6 bales. against 30. 7O5
last year. Including mounts left ever
in stocks at ports and interior towns
from the last crop and the number Of
bales brought into sight thus far of the
new crop. the supply to date is SO9,312
bales. against $40. S9o bales for the same
period of last year.
Secretary Hester's statement of the
worlds visible supply of cotton shows
the total visible to be loo, 107 bales,
against 1893, 6S3 bales last week. and
! 3D. ,5333 last year. OF this the total
of American cotton is 1.511. 10f bales.
against 1.5O2.533 bales last year. and
of all other kinds. including Egypt. Bra
iii. India. etc. $4,000 bales, against
ISL 900 bales last year.
THE TORPEDO BOAT BAGLEY