The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-10-20
NORTHWEST TRADE QUIET
Heavy Exports From Pacific Coast to
Supply Soldiers.
TRADE IN THE EAST QUIET BUT STEADY
Prices Of Farm Products Tended Downward
During the Week. The Quiet That Falls
Over Business Before Election is
Being FeltIncreasingIy.
(By the Associated Press.)


New York, Oct. 19.-Bradstreet's tomor-
row will say:
CAS- the jobbing distributive trade tends
to lessen with the advance of the fall
season, the repressive influence of ante
election feeling becomes more clearly
perceptible, and the result is a generally
quiet though, at the same time, confident
feeling in general trade, which the stock
market has apparently begun to discount
with the result of swelling current bank
clearings we'll above recent totals Az
for some time past, the best trade ad-
vices come from the South, which re-
mains cheerful in spite of lower cotton.
Pacific coast advices are that export trade
is very large as the result of army needs
and Asiatic requirements.
The Northwest is on the whole quiet
and the disposition to charge the election
with this is manifest. Eastern whole
sale trade is quiet but steady. Gross
railway returns continue excellent con-
sdering the reports of quiet in all other
lines, and net returns, those for August,
are much more encouraging than those
of July. The country's foreign trade is
in a hattering condition, September ex-
ports being the largest ever reported
cotton shipments, the nine months re-
turns are far in advance of all previous
years. Imports, on the other hand, show
few gains, and the outlook is for a record
breaking export trade and merchandise
balance for the calendar year far in
advance of all other years.
prices of farm products have tended
downward this week. The most notable
drop has been in cotton, half a cent for
the week and one cent from the highest
point reached, due to the good picking
weather and absence of frost, encourage
ing maximum estimates of yield, Nbut also
because of the heavy weight of re-
ceipts brought out by the high price of
two weeks ago. Cotton goods are very
firm despite the drop in raw material,
but the disposition is to sell carefully
on spring account.
Business failures for the week num-
Der 223 in the United States, against 210
last week, 221 in this week year ago,
213 in 1898, eos in 1897 and l292 in 1896.
Canadian failures for the week number
%, against 36 last week. 20 in this week
a year ago. "a in 1898, q in 1897 and
4S in 1896"
COMPARATIVE COTTON STATEMENT.
New York, Oct. 19.-For the week end
ing Friday, Oct 10, 1900: Net receipts
at all United States ports during week,
357 073; net receipts at all United States
ports during same week last year. 264,526;
total receipts to this date, 1884 1913; total
receipts to same date last year, 1 ,527, 460;
exports for the week, 263 255; exports for
same week last year, 1S3, SSS; total exports
to this date, 9S4 1854; total exports to same
date last year, 955, ,161; stock at all United
States ports, sos, 1877; stock at all United
States ports same time last year 802, ,962;
stock at all interior towns, BAT 006; stock
at all interior towns same time last year.
$50 466; stock at Liverpool, 100000; stock
at Liverpool same time last year, 703 900;
stock of American afioat for Great Britain,
353,G0S; stock of American afioat for
Great Britain same time last year. 222,OOO.
TOTAL NET RECEIPTS.
New York, Oct 19.-The following are
the total net receipts of cotton at all ports
since September 1st, 1900:
Galveston, 2490S1 bales; New Orleans,
553,912; Mobile, Al 1853: Savannah, S41,SS4;
Charleston, 1O3, $50; Wilmington, 139,665;
Norfolk, 11S,2SS; Baltimore, 1884; New
York, 6,776; Boston. Is, ,649 Newport News.
1856; Philadelphia, 1850; Brunswick,
1888; Pensacola, 11,S17. Total, 1,594,19S
bales.
TOTAL BANK CLEARINGS.
New York, Oct. 19.-The total bank
clearings at the principal cities of the
United States for the week ending Octo-
bcr 18th, were $1,695 493, 1862; decrease
cf 1872 per cent, as compared with the
corresponding week of last year.
Outside of New York city the total
clearings were s6S2, ,57S,S5S, a decrease of
40 per cent.