The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1900-07-10
BRADTREEI's REPORT OF BUSINESS.
Business Generally Dull az This Season.
Present Year no Exception.
CBy the Associated Press.)

Wy Cilt -A1'2O1Asi t0d coo-j
New York, July -BraGstreet's to
morrow will say:
Business is usually dull at this season,
and this year no exception 10 the general
rule is to be remarked. A review of the
past six months, however, 5ives little
comfort to pessimists. Bank clearings, II
is true, are smaller by about Il per cent
than they were in the first half cf 1885
but railway earnings are abouc 10 per
cent. larger and business failures, as
reported to Br&'tStreets are the feweSt
reported for eighteen years back, with
liabilities of failing traders the small
est with one exception and that last
year, since 1894. Winter wheat has about
been all harvested in the Southwest
and the yield there has been very large
"CCpious rains IN the Northwest too.
have apparently worked some improve
ment, Judging from the more cheerful tone
| of advices received thence this week.
Raw cotton has been rather irregular this
week. Some Improvement in crop advices
| is to be noted. But the main interest
| centers in the efforts Of the overSroWn
| shortage to cover on the cid crop de-
| liveries.
in manufacturing lines dullnass ard
/
of iron and steel Talk of an effort by
| the great combinations to control prices
in TIE latter Industry is. heard. The
| basic material pig iron, weakens steadily
| with some authorities predicting :.
| per cent. reduction from present purel J
| nominal price, which are not attracting
| buyers. The settlement Of labor troubles
| IS reflected in the better demand for EuilG
| ing materials at affected conters while
| rains in the Northwest have allowed
| white pine manufacturers to open thei1
| works and give employment to many
| thousands Of men. Southern pine price.
| are weak and tho market for that ma
| terial IS very dull.
cuisines failures in the United State!
for the week number 1t6, as comparet
with 1S5 last year; 15G in this week
year ago; 241 in 1888; 213 in 1897, and u
in 1895
Business failures in tie dominion 0
Canada number % as compared with !
last week; % in this week a year ago
16 in 1888; 81 IN 1897, and 80 in 1896
HESTER'S COTTON STATEMENT.
! New Orleans, La. July G.-Secratar
| Hester's statement of the worlds visibl
| supply of cotton shows the total visiol
for the week / ,.22 ,943 bales, against j.
| S64 119 bales last week; of this the fOta
of American cotton is 1.126,943 bales
| against 264. 119 bales last week, an
| 2,678,329 bales last year, and of all othe
kinds, including Egypt, Brazil, India etc
| 500 coo bales against 600, Geo bales an
942, 600 bales. OF the worlds visible sup
| ply there is now afoat and held in Grea
| Britain and continental Europe 1,0l. ,OG
bales, against 2,194, coo bales last year; |
| IT, D 1clC hn1
) in India 500, 000 bales, against 592 ,00
bales and in the United States, 254 ,00
bales against $50, eco bales.
TOTAL BANK CLGARINGS.
New York, July 6.-The total ban
| cearings at the principal cities Of III
+. | United States for the week ending jul
; 9Th 1900, were 81 500, ,912, ,705; lecreas
| 80 per cent.
Compared with the same period las
} | year, outside Of New York. $64S,636 ,OSo
increase, 3.3 per cent.