The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1898-12-13

-H-8f HI Inc wheat fkgf$ not come out
at low prices If the people have le~S 10
sell than last year IT 20 cent more per
bushel. So the corn exports were l..
IoI.3Sl bushels. against 3.3I3.0> bush
els last year, and such a foreign lie
mand at prices much higher than last
Year. and with wheat cheaper. is proof
81 a state Of things abroad which A.meri-
cans hardly appreciate. The price de-
clned only II cent with enormous re
ceipts.
Cotton shared in the export movement
fully and nevertheless has risen 3-16c.
Of yield may have been excessive. 1T
the extremely low price vet quoted. for
eien buyers DO not stop to calculate com
hlercial ana mill stocks on hand. The
CONSUMPTION in this country is not very
large. being but little changed by
tIoubles about wage at the South.
though hy more voluntary curtaiiment
II New England, but the demand for
goods * better and has lifted the price
~ print cloths an ei@hth and Of some
o,hcr goods a shade.
Wooden goods have been in much bet
fer demand ana many Of the smaller
rl5ils have hcen buying after concessions
secured hy the larger. The much broad
CT market is more healthy. and promises
far more for the industry. and sales Of
10.f55.200 pounds in two weeks past 1T
the three chief markets. against To-
SD. 100 pounds in the same weeks Of
1892, are quite III line with demand in
prosperous years. Prices yielded about
half Il cent III November. according to
100 quotations by Coates Brothers, ard
from Philadelphia. dispatches appear to
be about a cent lower this week.
The rupture Of the Inchoate rail COM
hination, it appears. resulted in lower
prices and larger sales in the first week
Of sharp competition than We're realized
a week ago. Prices were made in some
transactions much lower than were then
or now quoted. and while SIT at Pitts
burg is now named. special orders are
said to command lower figures. The
purchase Of 100000 tons of Bessemer
pig at $40, at Valley Furnaces and
100000 tons bilets for Pittsburg works.
at $3.50. Of which 10000 tons went to
Il hoop mill. with 11.000 tons at Chicago.
at SD. and $4,000 tons plates for one
concern at Pittsburg, besides enormous
orders for bars and plates in car and
ship building, and a steamship contract
on the Delaware. and Il contract for
5000 tons for bridges at Chicago. give
some idea of the heavy business coming
forward, just when the works usually
expect a season of id.eness and waiting.
PIG iron has risen at the East to S11.oO,
and quotations average for pig through
out the country Il shade higher than at
any time this year. though prices for
finished products have recently been
declining, and are lower than IN the
early months Of the year.
rHh1r u-oo1-'S FL iI1ras hovn hpan Oh
in the United States. against 81 last
year. and % in Canada, against % last
year.
UESTER'S COTTON STATEMENT
New Orleans Dec. 9.-Secretary Hes
ter's statement of the worlds visible
cotton shows an increase for the week
just closed of 109,37S bales, against an
increase of 15O.S04 last year and 1G,,142
bales in 1894. The total visible is 1O5.-
1873 against 4.596,0O0 bales last week
and 3.S56,200 last year. OF this tie
total of American cotton is 4,4S6.43S
against 4,4S22. 0G0 last week. 3.35S,1N3
last year and Of all other kinds including
Egypt, Brazil, India, etc. 219,00D
against 21t,O0O last week and 21S,'a.g
last wear.
Hester's New Orleans Cotton Ex-
tiidl~t SldLtllItAt SIoNS Ill lIIl1e.lScd
movement in sight compared with the
seven days ending THIS date last year in
round figures of $1,000 bales. IN increase
over the same DAYS year before asst of
$4,000 bales. For the 100 days Of the
seasons that have elapsed the aggregate
IS ahead Of the 100 LAYS OF last year
$1,000 bales. and ah"rd OF same DAYS
year before last of 1905. 600 bales. The
amount brought into SIGHT during the
past week has been 50f 1863 bales AGAINST
1880 bales for the seven days ending
this date last year. Thp-totaI movement
fer tho toe davs from Son+emhor st -
date is G.24S.9SJ bales against 5,S97.S22
bales last year and 5.243 SD bales year
before last.
The movement since September 7sf
shows receints 1t Ill United StrreS ports
i.t7i.199 bales a@ainst 4.420.71i bales
last year year. Interior stocks in excess
Of those held at the close Of the CONNER
cial wear 594..596 bales against SPOTS
bales last year. Southern mill takinos.
100 G4 AGAINST Bolts last year.
FOREIGN exports for the week have been
341.SS9 bales against 293. 9SS bales last
year, making the total thus far for the
season 3,260,654 against 22o4.435
bales last YEAR and an in
crease Of 306.219 bales. The
total tak1ngS of American mills North
and South and Canada thus far for the
season have been 1,027,210 bales AGAINST
l.3fS.413 last wear. Stocks at the sea-
board and the % leading Southern inte-
rior centres have increased DURING the
week 2G,023 bales against an increase
during the corresponding period last sea-
son Of 107.9o4 bales and are now 321.-
10 halcS lar"er than at this date in
e97 Including stocks left over at
ports and interior towns from the last
crop and the number of bales brought
into Si@ht Thus far for the new crop the
snrplv to date is 6.516.351 AGAINST
o74.376 bales for the same period last
year.
WEEKLY BANK CLEARINGS.
New York. Dec. o-The total hank
clearin@S for the week were 81, 631.6S2.-
131: per cent increase. {.
Total exclusive of New York. S61o.-
90 zoo. 49,, onp+ i1croocn I (