The times. [volume] (Richmond, Va.) 1890-1903, 1900-05-04

trict have a large tonnage booked ana
that there are no REQUESTS TO suspend
shipments. but urgent requests are fre-
Guent for shipment on delayed or overdue
orders. The consumption is undoubtedly
keeping UP TO high Point, ana Is luiis
up TO expectations.
PRICES. FIRM.
]. w Mcqueen, of the Sloss-Shatiield
Iron and Steel Company, telegraphs:
while the market is quiet prices are
firm in spite of the determination on the
Part OF the buyers TO Withhold ala pur-
chases possible. Our sales for the month
of April cover two months makes, and
this, added to previous sales, makes, the
situation very comfortable. While we
believe some concessions have been made
by small producers. they cannot break
the market, and sales for 1900 Will, we
believe, average within 81 per ton OF the
highest prices reached. ] is our opinion
that before many moons the buyers who
are now Withholding will be glad to
purchase at to-day's prices.
Mr.. F. NJ Jackson, of the Alabama
Consolidated Coal and Iron Company,
telegraphs: There is no disposition
whatever, SO far as can be ascertained,
to shade quotations on iron from present
prices The exceptionally bad weather
conditions have greatly curtailed produc-
ton. many furnaces having to be banked
on account of inability to obtain raw ma
teriai. Indications are that stock on
hand has been materially lowered during
the past month. While the situation as
to sales has been quiet, no uneasiness
whatever IS felt that there will be a
necessity for shading prices. Such
sales as have been made have been at
prevailing prices
MOVEMENT OF COTTON.
The cotton movement up to date con-
tinues to develop some remarkable
features One of these is, that the ex-
ports to Great Britain during the present
season are 1,227,0e0 bales less than the
taking by American spinners. which
themselves, are more than 10000 b2les
greater than the exports to Great
Britain during the same period last
year. Southern mills have secured nearly
So per cent. of the American takings and
are preparing for greater operations. Ihe
E,xchange Cotton aianufaetu ing Conla anv.
with a capital of $4,000, will build a mill
at Macon, Ga Negotiations for the site
and machinery for the Noodside Cotton
Mil, at Gainesville, Ga, are now in
progress The mill will have 1900.
spindies and 800 looms. The equipment
OF the Middle Georgia Cotton Mills, al
Batonton Ga. Will be 5000 spindles and
100 broad looms. The main building will
he 20 by 800 feet, with 40 by 80 loot
engince room adjoining. Machinery mas
been ordered for the Williamson Is. CD
Cotton, Mills, which will use both steam
and electric power. They will begin
operations with 10000 spindles. though
provision for 1900 will be made. The
sCabarrus Cotton Mill, at Concord, N u,
will enlarge its plantsby erecting oalid-
ing for 4,4o0 spindles and $40 looms. The
Efird Manufacturing Company, OF Al
bemarle, N c. Will add 5000 spindle
mill TO its plant. The equipment of the
new Knoxville tTenn.) Cotton Mills will
be 10000 spindles. for which two story
brick building, 100 by 2e2 feet, viii be
erected.
Other projects we'll under way to
definite beginning are the Orangeburg
IS Knitting Mills. the Williamsburg
(yao Knitting Mill and the Farlnville
(yao Knitting Mill.