The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1900-05-01

Such is the Condition Excluding Grs..
Speculative Centres.
RETAIL DEMAND IS NOW lNPRu. .
The Iron and Steel Industry Has S.o
Shock Of Abrupt Readjustme7t Of PHI
Very We'll. Strength in Ayr
cultural Products.
cultural Products.
Tx the Assaclat,l Pm

New York, April 21.-BraGstre..
morrow will say.
Evidences of the fact that ther.
now two sides TO the general TRAD.
uation where for a year past taer.
hut one, come to sight each week
fereHt sections Of the country AMI
Cf business return differing reaar.
that the situation as a whole l#
vorable one and suffers merely 1~ ...
parison with the enormous and aIma..
verish activity Of some time ago
evident. Excluding the great sneca.
centeTs the aggregate OF bushes
dcubtcdly larger than n year ago. aa.
business done even in several iu5a-..
reporting reduced activity would
large even TO those bearishly Inclined T. .
il not been for the enormous ac4r..
done some short time ago. Crop Ir.
poets, except in the wheat area ot
Central West and in some Hooded see...-
cf the South. remain all that NIGH .-
wished for. Retail demand is impros..
and nothing of a definitely depres
character has yet developed.
IN the abrupt REIMBURSEMENT of s..t
and wire prices the iron and steel iua.-
try received a notable shock but I.
stood the ordeal very we'll. confirm. -
earlier advices OF the substantial and non
speculative basis for the immense |actI<4|#
and greatly advanced prices Of the ar
year. The possibilities Of a renewed .s.
rort trade in pig iron nave CONSTITUTED
one of the foremost supports To that j..
dustry. Last weeks reports of hyu..
sales Of Southern iron for export at.
amply confirmed and an enormously l.r.
ger tonnage could be placed if frrl4r.
rates and room were favorable.
Hardware is in increased Distribute
at the West. but rather quiet i'm Eas..a.
markets. Among other metals. copper -
firm. While tin is rather weaker.
zone of the most favorably situated jn-
d~ustries is that OF shoes. Manufacture.
are reported active, jobbers are busy. anil
seasonable weather is inducing a goaN
distribution While the strength of hitumt.
nous coal. partly owing to the strike. but
also to the increased demand for this
product, is sympathetically reflected I'm
the enlarged demand for the steam grade
& anthracite, which are expected to |a
advanced on May 1st.
In agricultural products the situation
is generally one Of sustained strength.
Some slight shading in wheat prices .
largely the result of the fiattering win
ter wheat crop prospects in the sections
west Of the Mississippi. Spring Whaa.
seeding is reported almost completed lu
the Northwest, much ahead of the aver
age. Corn has been quite strong. partly
on continued good export demand and
partly in sympathy with provisions, which
are stronger, more because of steady
consumptive requirements than hauau-,
Of lighter receipts in hogs.
The sharp advance in prices of lumber
last year and the unsettled position Of
the labor situation in the building trad.
are Jointly held responsible for the ratl.
er disappointing business reported tn.
spring. HemlOck lumber is lower. ami
white pine is also weaker. but the hard
woods maintain much Of their OH
strength. Other lines reporting spcgtaI
quietness are the wholesale dry COOL
trades at the East. where retailers are ra-
ported we'll supplied with goods: the
JeWelry business, particularly the manu-
factureres who report business rathc~
dull. and the grocery trades.
Wheat. including -four. shipments for
the week aggregate 3.6S3. 8G3 bushcl.
against 3,S9S.451 bushels last week.
O2S,403 bushels in the corresponding we,a
OF 1879; 4.4f3,Ga9 bushels in 1898. 1.15-.s>.
bushels in 1897 and 1.260,494 bushels lu
1896. Since July 1st this season the e.-
ports of wheat aggregate 1G1, 4SS.4 40 bush
els. against 1856, 300 21 bushels last year
and 195. $50, G36 bushels in 1S97-'9s.
Corn exports for the week aggregate
$500 64 bushels. against 3.f58.747 bushel
last week, 2,G13.019 bushels in this wee
a year ago: 4,21G,GG bushels in 1896. o.
6o1,46 bushels in 1897 and 2.142,5 95 BUSH
els IN 1886. Since July LIST this sea-n.
corn exports aggregate 169, 702. 0Go bush~.
against 139,622.S23 bushels during th.
same period a year ago and 15I 2t4 @..
bushels in 1S97-'9S.
Failures for the week in the United
States are Well down to the minimum
numbering only 1S2, an increase Of
over last week, but two less than in this
week q year ago, and comparing with "a
IN this week Of 1898: 2I4 in 1897 ana -
in 1896.
canadian failures for the week uumlr~
Is, as compared with u last week. = f..
ms week a year ago, - in 1898. q I'm
1891 and 26 in 1896
TOTAL BANK CLEARINGs.
New York. April 27.-TotaI bank clear.
lngs at principal cities of the U4ita.
States for the week ending April 2G,.
We're $l,'32,446, 4GS, a decrease Of ID la.
cent.
Outside OF New York city $G47. 92I.G-s.
an increase of Sd per cent.
NET RECEIPTS OF COTTON.
New York, April 27.-The following ar.
lhe net receipts of cotton at all p0rt-
since September 1st. 1899:
Gaiveston, LII ,638; New Orleans, H.
'-o''o2. Mobile. 196, 399; Savannah, 1.0--
~; Charleston, 90. So; Wilmington
-'f,262; Norfolk, 81 .623; Baltimore. ST.
ID; New York, &c. 424; Boston. 102. 40.
Newport News. 1860; PHILADELPHIA. A.
81; Brunswick, Z. 405: Pensacola. 12t-
is; Sabine Pass and Forth Arthur. ill.,
Total, 6,16O.75 bales.