The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-10-13
A BETTER DAY is COMING
Dun Thinks Twill Dawn When These
Matter Are Settled.
PIG IRON PRODUCTION FUR TIER REDUCED
Fear Of Tight Money Causes Some Traders to
Hesitate. Movement of Gold From
Europe Tends to Rel eve the
tension Here.
Tension Here.
(By the Associated Press.)

New York, Oct. 12.-R. G. Dun and Com
row will say:
more seasonabc weather had impor-
tant influence throughout the country, but
the coal strike continues as the restrain
ing factor in business. AS speculation
everywhere is on a small scale the eff
feet is unlimited. Lower prices recently
for some iron products have been with
out disturbing force, and the frmer
market for print cloths and strong quo
tations for lumber, show that in some
directions in she great industries small
increase in demand is capable of raising
prices. The situation still promises a
recovery when politics and the strike are
settled. Fear of tight money has made
some men hesitate, but higher rates re-
suit from the activity of the movement
of cotton at higher prices in the South.
At the moment the movement of gold from
Europe has tended to relieve the tension
in New York and gold is still coming
from Australia.
Pig iron production has been further
reduced, according to the Iron Age.
gratifying feature is the evidence that
supplies in consumers hands are low
Quotations of iron products are steady
and foreign buying continues, two con-
tracts of Importance being placed
much disappointment. was apparent
among cotton traders when the official
crop report appeared, for the anticipa-
ton of a gloomy report had put the
price up to eleven cents. When the
statement indicated a point Improvement
in Texas in September, prices dropped
sharply.
Wheat also declined without the aid
of Government report. Domestic con-
ditions are generally satisfactory and
foreign crop news cheerful. Corn re-
mains steady in the face of the decline
in condition.
Failures for the week were 223 in tho
United States, against 164 last year and
50 in Canada, against 81 last year
COMPARATIVE COTTON STATEMENT
New York Oct. 12.-For the week end
ing Friday, October 18th: Net receipts
g., all United States ports during week,
32S, 637; net receipts at all United States
ports during same week last year, 251,-
919; total receipts to this date, 1928, GA;
total receipts to same date last year, L.
262, 934 exports for the week, zee, S2S;
exports for same week last year, 1872, 100;
total exports to this date, 721 1909; total
exports to same date last year, III ,273;
stock at all United States ports, 513, $50;
stock at all United States ports same
time last year, 772, $50; stock at all in
terror towns, 290,014; stock at all interior
towns same time last year, SOB, 116; stock
at Liverpool. 148,000; stock ait Liverpool
same time last year. 723,00 stock of
American afloat for Great Britain, 256,-
600; stock of American afoat for Great
Britain same time last year, $4,000
TOTAL NET RECEIPTS.
New York, Oct. 12.-Following are the
total net receipts of cotton at all ports
since September LIST, 1900:
Galveston, 1885 bales; New Orleans,
422 093; Mobile, 80, 254; Savannah, 2S0,647;
Charleston, "a, 465; Wilmington 120,905;
Norfolk, 94,475; Baltimore, 1872; New
York, 3O26; Boston, 6,351; Newport News,
$50; Philadelphia, 2S42; Brunswick, 9,5S3;
Pensacola, 1886. Total, 1,228,0G4 bales.