The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-26
DUN & co. IS REVIEW
The Largest Volume of Bust
ness Ever Recorded.
A REUNITED COUNTRY
LARGER CROPS ON THE WHOLE
NEVER SEEN.
GREAT CAUSE FOR THANKSGIVING
Industries Doing Well Considering Hinderances
Until Of Late by Unreasonable Wealth
er. Business in Dry Goods
Not Satisfactory.


Company's Weekly Review of Trade
will say tomorrow:
Thanksgiving in 1893 means more
than for thirty years. The Harvest
Home has never recognized larger crops
on the whole in this country, the gener-
nj prosperity is attested by the largest
volume of business ever recordeu' the
neople'ssverdict has given reason to hope
that the soundness of the currency anu
the nations honor will not again he III
peril and war not matched IN history
for swiftness of success with SmallnesS
of loss has brought more perfect union
than ever between North and South, ana
closer bonds than ever with KIN ne
vond sea-. ending with the most nm
nortant increase of territory since Ill
fornia was added to the Union. ne
wear so exceptional i'll magnitude ana
variety of blessings draws near ITS emu
With vet another good gift. a marked
increase of confidence in prospects for
tho wear when is to close the century
The industries are doing remarkably
we'll. considering hindrance until OF late
hy unreasonable weather. with storms
and cold many branches now get large
orders. There has been more liberal
buying of cotton goods, in part because
goods, and the curtailment of production
in print cloths has caused an advance
of n sixteenth. while the export demand
supports heavy brown goods. ana all are
helned by the feeling that cotton has
nrobably seen its worst Yet wide sheet
ines are still irregular and some five per
cent lower. There is slight Improvement
in recorders for mems wear spring
woolens, though neither jobbers nor
clothiers have vet been buying freely.
The bulk of the demand is for medium
plain fabrics, especially serges and ciays,
but high grade goods are quiet. More
is doing in dress goods. but not enough
for producers. Sales of wool have been
35.975.O0O pounds for four weeks, in
Guiding about 100000 for export. but
mostly at concessions which have been
this week little increased on fine I'M
washed fleeces.
When the steel rail contract was ready
for final signature withdrawal of one
large company killed it. but a working
compact is nevertheless said to have
been made. apparently a sort of gentle
mans agreement in which more conf
dence is perhaps expressed than is felt.
The market for Bessemer grows stronger
at Pittsburg. and Grey Forge advances
to 1925: bilets at Pittsburg are in
heavy demand at S1525, and steel bars
at SIG: the Edgar Thompson Works
have started on rails with three or four
months orders ahead; Chicago Works
have booked further orders for plates,
including one for 800 tons, and state
ments by the Iron Age show that bids
for the 10000 tons needed in the Cool
.gardie Pipe Lines, with other heavy eX-
port contracts, are hindered only by an
ocean freight syndicate.
Wheat has again advanced a shade,
though for spot only Ac. during the
week. while Western receipts are heavy,
for four weeks having been 3S,034.29
bushels against 29,119,104 bushels last
year. The Atlantic exports, flour in
cluded, have been 3,957.S76 bushels for
the week against 3,62S, 446 last year.
Pacific exports 81, 1S5 bushels against
1.626,959 bushels last year, making for
three weeks of November 13.642.066
bushels against 15.195,209 bushels last
year. While Atlantic shipments exceed
last years, a decrease from the Pacific
affects this market but little. Moreover,
corn exports continue heavy. in four
weeks 10, JS3.21S bushels against 932S,-
ISS bushels last year. listing the price
sc. and showing a continued demand
for nearly five months almost equal to
the unprecedented demand of last year
Failures for the week have been 1873
in the United State against 236 last
year and u in Canada against % last
year.
HESTER'S COTTON STATEMENT.
New Orleans, La, Nov 25-Secre-
tary Testers statement of the world
visible supply of cotton shows an in
fot Of
534 bales, against an increase of "a
100 last year. and an increase of no.
92S in 1894.
The total visible is 4, 49,, S76 against
4,OS2,342 last week, and 3,44J,526 last
year. Of this the total of American
cotton is 4,126,S16 bales, against $780,
342 last week, and 3245,526 last year.
and of all other kinds, including Egypt,
India. Brazil, etc. 900 1000. against
202, 600 last week, and 100000 last
year
Secretary Hester's weekly statement
shows "A decrease in the movement into
sight compared with the seven days
ending this date last year in round fig
ures of 1000, an increase over the same
days year before last-of 100000.
For the Sc days of the season that
have elapsed the aggregate is ahead Of
the S6 days of last year 294,0OO, and of
the same days year before last 6SIooO.
The total movement for S6 days from
September LIST to date is o2l6916,
against 1922, 500 last year, and 4,o29,
oo1 year before last.
The movement since September list
shows receipts at all United States ports
3,9S2963, against 1866, 465 last year.
Interior stocks in excess of those held
at the close of the commercial year
j72, 1913, against 497, 4G6 last year and
Southern mill takings 337, S47, against
:}31 .061 last year
Foreign exports for the week have
been 274,S56, against 3O3,219 last year,
making the total thus far for the sea-
son 2.G00099, against 2377 1913 last
year.
The total takings Of American mills,
North and South and Canada thus far