The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-09-29
AND IN PLACING ORDERS
Paralysis of the Anthracite Industry
Almost Complete.
WORLD OF TRADE WATCHING AND WAITING
In The East Conditions Seem Generally Favor
able For a Quick PecNery With The
Strike Over. Prices Uuchaug-
ed in Iron and Steel.
ed in Iron and Steel.
(By the Associated Press

(By the Associated Press.)
New York, Sept. 2S.--R G. Dun G. Co.'S
weekly Review of Trade will say tomor-
row:
mot Wall Street alone, but the entire
business world as we'll watched the prog
ress of efforts to bring about a settle
ment Of the anthracite coal strike with
active interest. This week the paralysis
of the anthracite industry was more COM
plete than last. and the effect was seen
upon the distribution of merchandise in
the East and the placing of new orders
with manufacturers. Coal advanced 25
cents above last week and the larger
companies refused to name selling price.
The strike involved about $4,000 more
miners and hundreds of trainmen, but the
working force has increased largely
through the settlement between the
Amalgamated Association and several
steel companies, whose works employing
10000 men have been idle. while only
1000 men were affected by the shut down
of the Susquehanna Iron and Steel Com
pany by strike. In the East the condi-
tions seem generally favorable for quick
recovery with the coal strike over, while
in the West there has been no noteworthy
reduction in the distribution of any class
of goods.
aside from the expected reduction to
$26 for steel rails and sale of Bessemer
pig at Pittsburg at $13.75, the whole list
of iron and steel products is unchanged.
The feeling grows stronger that bottom
has been reached Take the eleven arti-
cles quoted in price tables, it will be
seen that after an advance of over one
hundred per cent in 1899, prices have
Ill. lr-..I o Ia
and there is already tendency toward
higher level.
Wheat rose to &c., but failed to main
tain the advance. Corn for prompt de-
livery was scarce and advanced ten cents
above the price at this date last year
or over % per cent.
Failures for the week were 204 in the
United States against 1877 last year, and
is in Canada, against Il last year.
COMPARATIVE COTTON STATEMENT
New York, Sept. 2S.-For the week end
ing Friday, September 2Sth 1900: Net
receipts at all United States ports during
week, 26S.129; net receipts at all United
States ports during same week last year,
246,566; total receipts to this date, SCI, SAB;
total receipts to same date last year,
28,772; exports for the week, 85,64S;
exports for same week last year. 129,S07;
total exports to this date. 227, 2S3; total
exports to same date last year. 412.349;
stock at all United States ports, 396, 63f;
stock at all United States ports same
time last year, 657 ,125; stock at all in
terror towns, 160, 500; stock at all interior
towns same time last year. $780, 321; stock
at Liverpool, 100000; stock at Liverpool
same time last year, 10000; stock of
ono prit in
stock of American afloat for Great Britain
same time last year, $4,000.
TOTAL NET RECEIPTS.
New York. Sept. 2S.-Following are the
total net receipts of cotton at all ports
since September LIST, 1900:
Galveston, 4S, 1854; New Orleans, $780,
3S2; Mobile, 1924; Savannah, 167, IA;
Charleston, 4O,S26; Wilmington, 61,977;
Norfolk, 3,12O; Baltimore, 49, New
York, lib; Boston, 2,e10; Philadelphia,
1,135; Pensacola, 1850. Total, 561,S49.
TOTAL BANK CLEARINGS.
New York, Sept 2S.-The total bank
cearings- at the principal cities of the
United States for the week ending Sep
TENDER 9th were $1,452, SAG, 465; decrease,
21.2 per cent.
Outside of New York city the total
clearings were 500, 1897 1886, decrease, 30
per cent.
TESTERS COTTON STATEMENT.
New Orleans, La, Sept 2S.-Secretary
Hester's weekly New Orleans Cotton Elk
change statement issued today shows the
amount of cotton brought into sight for
the week ending this Afternoon to be
1896, 222 bales, against $50, 729 bales for the
corresponding time last year. and $685.
500 year before last.
This brings the total of the crop moved
into sight for the % days of the new sea-
son to S12, 222, against 995,S59 last year,
and $50, 27O year before last.
Receipts at all United States ports
since September list were 561,S43 bales,
against 691, 259 bales last year; overland
across the Mississippi Ohio and Potomac
rivers to Northern mills and Canada
1852 bales, against 50,173 bales last year;
interior stocks in excess of September
list, 123,115 bales, against 1881; South
ern mill takings 109,372 bales, against
121 ,626 Foreign exports since September
list have been $50, 424 bales, against 1884,
S71 bales last year.
The total takings of American mills,
north and south. and Canada thus FAR
Tor the season have been 11.144 bales,
against 215.60O last year.
Since the close of the commercial year
stocks at American ports and the 20
leading Southern interior centers have
been increased 440, 654 bales, against an
Increase for the same time last year of
$50, 269.
Including amounts left sover from the
last crop the supply to date is 93475
bales, against 1,614,757 bales for the same
period last year.
Secretary Hester's statement of the
worlds visible supply of cotton issued
today shows the total visible to be 1885,
249 bales. against 1,126,711 bales last
week and 29O5oOs bales last year. OF
this the total Of American cotton is 1885,