The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-12-01
ORDERS FOR CRUDE
IRON MODERATE
But Business in Iron and
Steel is Steadier.
---
COTTON GOODS ARE FIRM
Unsettled Weather Drawback to Re-
tail and Jobbing Trade
BEST TRADE REPORTS FROM The SOUTH
The Most Backward Relatively Are From the
East Where Complaints Of Unreasonable
Weather Are Heard. Cotton Lower.
The Corner in Corn,
The Corner in Corn.
(By the Associated Press.


New York. Nov. 30-Bradstreet's to-
morrow will say:
Unsettled weather and holidays are a
drawback to retail and jobbing distribu-
tion in many markets, but the general
situation is still a most satisfactory one,
and the iron and steel, coal, boot and
shoe, hardware and lumber trades are
comparatively well situated. The indus
trial situation is also deserving of note
because of the striking absence of COM
plant as to pending future labor trou-
bic.
While the volume of new orders IN
crude material continues moderate wheI
compared with the enormous activity fol
some time past, business in iron and
steel is steadier, and as a rule held bet
ter in hand.
Southern pig iron has been sold heav
lily and an advance from SLIPS for No
2 is predicted for December LIST.
Despite slight decline in the price
of raw cotton. the effect of smaller ex
port movement, and realizing by holders
cotton goods, are, as rule, firmly held
and the opening of spring trade is await
ed with confidence. The one unsatsfac
tory feature in cottons, in fact, is the
depression in the export branch, which
tends to weaken brown goods. Bleached
cottons OF many grades have been ad.
vanced this week. Silks are rather SLOW
of sale, and recent price reductions fai
TO stimulate business.
Relatively the best trade reports COM
from the South and Southwest, while thu
most backward are from sections of thu
East, where unreasonable weather Il
complained of, and from sections of the
spring wheat region which suffered mos
from the shortage in yield.
The. feature in the grain market this
week was the carrying to successful
conclusion of the November corn cor
ner in Chicago Following the private
settlement of the shorts, at a basis
soc bushel. came drop to 41c. At New
York the influence of this corner-one o.
the few successful corn corners on record
was to advance prices slightly, owinf
largely to detection of supplies
Failures for the week number 1874
as against 215 last week, 1T in this weel
year ago, 212 in 1885, $50 in 1897 an6
315 in 1885,
HESTER's COTTON STATEMENT. !.
New Orleans, Nov 30.-Secretary He's
supply of cotton issued today shows tho
total visible supply to be 3,363,45 bales
against 3,622,312 bales last week and A.
0G4 $50 bales last year. OF this, the tota
of American cotton is 1889, 456 bales
against 2.75s,312 bales last week and g.,
495, $3.50 bales Lass year, and of all other
kinds. including Egypt, Brazil, India, etc,
E24 900 bales, against 494 goo bales last
naJa
Of the worlds visible supply as above
there is now afloat and held in Great Brit
ain and Continental Europe 1875 OOo
bales, against 1881 900 bales last year.
and 254S.G00 bales year before last in
Egypt 1876 900 bales, against 10000 bales,
and 1856, 900 bales; in India 171,OO0 bales.
against 10000 bales. and $4,000 bales !;
and in the United States 1 ,462, 900 bales,
against LIZA, 900 bales and 100000 bales
Secretary Hester's New Orleans Cotton
Exchange statement issued today shows
an increase for the month in round figures
of 100000 bales. The total for November
was 1767,S31, against 1,659,42 bales last
year.
The amount of the crop brought into
sight for the three months from Septem-
Der to November 30th inclusive. shows
receipts at all United States ports of g.,
1863 ,635 bales, against 3,019,S1 bales last
year overland across the Mississippi
Ohio and Potomac Rivers All, 034 bales,
against 581 ,032 bales last year. South
ern mill takings, exclusive of quantity
consumed at Southern outports AIS ,202
bales, against 430. $50 bales last year; in
terror stocks in excess of those held at
the commencement of the season 566, $50
bales. against 4SS 465 bales last year. The
total amount of crop brought into sight
during the three months ending November
30th, 4,S19,151 bales, against 4,519, $50
bales last year. Northern spinners took
during the month of November 1874, 100
bales, against 479,04S bales last year, in
creasing their total for the three months
to us, 455 bales, against 9S7 ,504 bales last
year
Foreign exports for the first three
months of the season have been 1851 ,602