The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1900-09-25
LANGUOR IN IRON TRADE
Premature Opening Causes Rush of
Gotten to Market.
PRICES CT COTTON GOODS HAVE RISEN
Most Manufacturers Refuse to Take Orders Ex-
cept AT Value" Based Upon Cost Of
Raw Materials. Wheat Rises
on Reports of Damage.
(By the Associated Press.l


New York, Sept. 21.-Bradstreet's to
morrow viii say:
The unfavorable turn given the gen
cral industrial situation by the strike of
anthracite coal miners, and the possibil-
ity of wages disputes in the iron trade
with rather less activity in the latter in
duatry, and some increase of weakness
in tbs prices of cruder forms, have given
an appearance Of irregularity TO the gen
eral trade and business situation. On the
ether hand, the course Of staple prices
has been very generally upward this
week; fall distribution of dry goods
clothing, hats and millinery has been Of
large volume at nearly all markets;
there is q much better tone noted in
the boot and shoe ard kindred trades,
and the strength Of cotton goods, though
apparently in excess of that shown by
the raw material, has been regarded as
indicative OF confidence on the part Of
t., manufacturers.
premature opening, due to hCt dry
weather, is responsible for portion OF
the heavy movement Of cotton to market,
but back Of tEis CT course, is the desire
to profit by the good prices prevailing.
The rush Of receipts has been too much
fer the bull movement, however, and the
price is materially lower on the week.
Raw cotton and cotton goods have
parted company as TO prices this week
TIE rush OF buyers to secure stocks has
advanced print cloths, ginghams, bleached
| goods prints and in fact nearly all classes
| OF cottons, while materially reducing
| stocks in hands Of commission men and
| jobbers. Most manufacturers are refus-
| ing to take orders ahead except ''at
of
terial. Southern yarn spinners are re-
| ported curtailing operations and the
English spinners are III an especially bad
| situation owing to small supplies and
| high prices of the raw material
| Reports OF damage to grain in shock
| in the Northwest, re-cnforced by North
| western buying at Chicago, furnished the
| key to the advance of nearly two cents
| in wheat this week, followed by.a gair
of 20 to % cents II -four and OF ii cents
in corn. Some of this advance in wheat
| was aftcrward lost in realizing. Other
| farm products were higher, pork and
| lard advancin or - ter export business
| and butter ard cheese on improved
| weather.
| Business failures for the week n the
| United States number 183, against 1G1
| last week and 147 in this week q year
| dgo.
| canadian failures number q, against
/ 2i last week"
| COMPARATIVE COTTON STATEMENT
New York, Sept. 21.-For the week
| ending Friday, September 21st, 1890: Net
receipts at all United States ports during
| week, 80, ,3C3; net receipts at all United
| States ports during same week last year
| 2H1 ,048; total receipts 10 this date, 2S5,
| III; total receipts to same date last
| year, 4S2 29&; exports for the wcck,> S8,-
| Set; exports fer same week last year
| 167 ,1S6; total exports to this date, Ill BOO
! total exports to same date last year, %
| 542; stock at all United States ports, 2l6,-
| A.; stoc,z at al United States ports same
tine last year, G,454; stock a,5 all in
terror towns, 12f,433; stock at ali interior
| towns same time last year, 319.189; stoch
at Liverpool 1G2, goo; stock at Liverpool
| same time last year 7e2, ,0Go; stock OF
| American afoat fer Great Britain, $4,000
| stock Of American af1oat for Great Brit
| ain same time last year, SS,C00.
TOTAL NET RECEIPTS.
s.! New York. Sept 21-The following are
| the total net receipts cf cotton ct al
| ports since September 1st, 1866:
Galveston, 16,2S7 bales; New Orleans
| bo,619; Mobile, 10, 30, sodNdIEdi, ito,'-i
| Charleston. 9731; Wilmington, 43,62S;
:! Norfolk. 25,075; Baltimore, 23f; New
York, eos; Boston, 243; Philadelphia
| 903.
Total, 2S5,177 bales.
TOTAL BANK CLEAFINGS.
New York, Sept. 2t.-Tbc total bank
| cIearings a. the principal citic5 Of the
United States as reported 20 BradstTect
| for the week ending September 10th. were
| 81 1863 CAS- GIS; decrease Of PIT per cent
Exclusive OF New York city, $6o3, ,032,
721; decrease Of 6.2 Tcr cent.
HESTEP's COTTON STATEMENT.
New Orleans, La, Sept. 2i.-Sccrctary
Hester's weekly statement issued to-
day shows the amount of cotton brought
into sight for the week ending this al
tarnoon TO Ec 236, Ill bales, against 217.-
075 bales for the seven days ending this
date last year and 243, 400 bales year be
fore last.
This brings the total of the crop moved
into sight for the II days of the new