The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1900-06-26
AGRICULTURAL
PRODUCTS RISE
Wheat Has Advanced lac e,,.
Since June /.
CORN MOVING UPWARD
Crop Damage Has Lifted Both Cers.,.
and Cotton.
SUMNER DIZZINESS IN MANUFACTURES
Weakness in Prices Still the Leading F4,,..,
in Iron. A Heavy Business Doing in
Refined Sugar. Demand For
Lumber Weak,
(By the Associated Press j

New York. June 22.-Bradstreet,s
morrow will say:
midsummer dizziness in distrirn.:r
trade and industry and further red4ri..
of prices Of manufactured goods. nar,:..
larly iron and steel. and raw teyrl.,
but a marked upward movement in ra.r
ly all agricultural prod acts, are he l.s9
ing features Of the business silnq,ta
this week. Wheat has advanced - ,,,..
per buShel since June LIST and ~ aa,-
from the low point reached in Noyam-
Der, a gain over the later period ,f .-
per cent. in price. Corn crop adyjoag IN.
still in a high degree enconrag.ug. l-
that cereal has sympathized with aba2t
as have also oats, n hog products have
in urn felt the quickening ina lence O..
higher prices for corn. improved demand
for dairy products is reflected in jigb.
advances his week.
"Crop damage has been a moving c9lsa
for the advance in the price of cotton
though the danger Of the short side an
the old crop has been evid ant for some
time past in the critical condition of the
visible supply of cotton. Some weakness
has been noted in cotton goods without.
however, favorably affecting distrIbutiap
Retail trade in dry goods has been helo-
ed by warmer weather. Wool is lower
and the wooden goods market is RATHER
quiet, awaiting the next london wool.
sale and the opening Of the sprinI weigh
season.
Weakness Of prices IS still the leading
feature of the iron trade, and lower
nJototinnc ara noted tor MO irnn
Structural material has also verified
predictions in a decline Of from 81 to 81
per ton. Domestic orders for iron are per.
haps slightly more numerous, but a3e
for small quantities. Talk OF q systenaE-
ic shut down Of iron furnaces producing
for the open market comes chiefly from
the South. While this subject is under
consideration the disease is tindins a par
tial cure in the going out ri blast o. a
number of less economical furnace aaI
the summer shut dow of many mills.
Export demand is good, but, as t5r some
time past, waits upon the question Oh
freight room. The other metals 2Ie
steady, practically unchanged in pFlea
with the exception of tin which is slight
ly lower.
"a heavy business is doing in FelDatI
sugar and the manufacturers ere over
sold. A good margin of profit exists III
this trade.
Building demand for lumber IS NOT az
tive, but white pine is relatively AFIhrs|
Southern pine is in over supply III d
number of markets.
Anthracite coal is in seasona5It d's
tribution, while the demand for bl' uLl'"
Gus continues quite active.
Wheat, including -four, shipments
for the week aggregate 4,545,1S0 blSlsI7.
against 4,678, O29 bushels last week @''''
718 bushels in the corresponding Ne'h W.
1899; 3,799, 47O bushels in 1898; 2,l''-t'
bushels in 1897, and 2,S37,63 bushe's -'
1896. Since July 1st this season tAf ~
ports of wheat aggregate 196,4to,Io - ""-.
els, against POI, 1863, Clio bushels last s'"'
and 229, O72, 2SS bushels in 1878
Failures in the United States ti '.
week number 1877 compared with ~ -'
week; 1919 in this week a year ago "
1898; 215 in 1897, and 21S in 1876.
Failures in Canada for the wees
Der %, against 90 last week; - j." .
week a year ago; 19 in 1898 ana '.
and II in 1897"