The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-02-17
PANS|ON Of
SPRING TRADE
Dry Goods and Kindred Lines
Open Well.
SALES OF SHOES SMALL
EFFECT OF THE I1NREASONABIN
MILD WEATHER.
STRENGTH or SPOT COTTON FEATURE
All the Cereals are Stronger Due to improved
Statistical Conditions. Some Cutting
Of the List Prices for Anthricte
Coal Reported.

New York. Feb. Bradstreet'~ to-
morrow will say:
Satisfactory adviccs rs to expanding
spring trade in dry goods and khidred
lines comes from Il number Of markets.
mat the aggregate business u he Conu-
Try is OF good volume otherwise Is. hoW-
ever, Indicated Ivy detailed reports t
increases III trade as compared with last
year. confirmed by satisfactory railroad
earnings reports. by lair gains i'll bank
clearngs and by reports of better d.
nland for money in commercial cltaE-
nels. y year ago it may be recalled. eN-
tren,Sly stormy weather was experienced,
and some effects, notably those on in
ter-Sowl. CROPS. were very unfavogtbie.
his year opposite conditions have ruled,
and though some talk of lack of low
in the gra4n-groWing regions is heard, 40
widespread damage from cold weather
is yet noted. In lact un>easOnaby hid
weather has had an apprecable effect
upon several industries. notably tuos.
engaged i'll the manufacture Of footweaf,
in discouraging sales of the same, actu-
ally causing the shut down of some rub
Der manufactures and also in the Uui-
her and ice business. The scarcity Or
snow IN the Northwest Will unQuestion-
ably affect the LOG cut this season and
nrmer tone As to vaueS Is already
parCeivable nOtN outstanding talk Of Ia
hor troubles effecting the building
trades.
Heavy rains and floods have affected
business and transportation in New
England and Northern New York this
week and cotton and other mills report
ing lack of water as reason for re-
stricted operations Il few weeks ago
have been interfered with this week ny
the extremely high level Cf the streams
from which they derive power
n he foreign demand for iron and steer
seems likely 10 have i mos important eff
feet upon prices OF the domestic product.
Ii is conceded that any important re-
cesSiOn III values would be met by
heavily enlarged export movement.
American pig iron prices are steadiiy
held. the only weakness noted being
manifested al the East. Concessions III
Southern prices are claimed not a. cN-
tend beyond one furnace Con5idcra Ole
orders for pig iron have been placed III
full prices and Northern coke iron par
ticuiarly has moved we'll i'll the Centrm
West Steel rails are well held. q far
business being reported al the West. bun
plates are weak in spite of a heavy bust
ness Spring trade prospects i'll hard
ware are good. best reports coming from
the West. Copper prices are maintained
and tin is higher,
The strength OF raw cotton. spots
reaching nearly nine cents at New York
this week, is. of course. the leading fea-
ture in Il speculative way. Despite heavy
realizing. and some irregullrity the
movement has continued upward. The
strength of the raw product is RESPONSE
bic for the unqueStionably active de-
mand for the finished products noted bis
week at nearly all points. Southern
mills are reported sold ahead 81 brown
cottons. and stocks are scarce and the
same story of small stocks comes lr, IN
New England Cotton yarn are specially
active and some large New England
concerns are seeking to fill 1eir orders
through the aid of Southern supplies
Wooden goods are meeting with good
order business. but raw wool is rather
quicter.
Some cutting Of the list price Tor an
thracite coal is reported. while birumi-
nous grades are very firm, ana isllr2
operators talk of n further adyan =.
..IAll the cereals are stronger, due to
improved statistical conditions reiterated
English damage reports and adYi"t> hat
the Argentine crop will not ne rs large
as expected. Some shading in raw S1l-
gar prices is to be noted. notNiihsta1d-
ing considerable business douc, but the
refined grades are firmly held and rein
crs insist on shorter delivery pelio1>.
Coffee is fractionally lower, also, as
is lard and butter.
Wheat. including flour. shipments for
the week aggregate 1884. 069 bushels,
against 2902.33J1 bushels last YeeN. =
454. III bushels in the corresponding
week in 1889. 3,S32 IA bushels in 1895,
2.120, S96 bushels i'm 1897 and 3.149,0l2
bushels in 1896. Since july lst This
season the exports of wheat aggregate
126.S46,391 bushels. against l59,052..tm
bushels last year and 151,S42.2Sl u~h
els in 1S9T-9S,
Corn exports for the week aggregate
this week a year ago, ,I,13'i.11p bnShr's
in 1898. GAL APO bushels n 1897 ms
1928 039 bushels Il 1S6. Since .'uly
LIST this season corn exports aggregate
136.097 100 bushels, against lO4.S40.i21
bushels during the same period Il year
ago and 10, JG3,2 43 bushels III lS970S
Failures for the week in the United
States number 100 as compa ID with
231 last week. 100 in this week 4 Year
ago. 800 in 1898, 80 in 1897 and 21G
in 1896. Failures for the Week iii tire
Dominion of Canada humble? - a. com
pared with - last week 20 n this week
a year ago. 3S in 1858 anl = il 1891
and 1896 respectively"
TOTAL NET RECEIPTS.
New York. Feb 1G.-The following
are the total net receipts of cotton at
all ports since September LIST, 1899:
Galveston. LOO. 10S; New Orleans.
1.401 BOD: Mobile ~. 420; Savannah.
SIS. fS2: Charleston, 2l0.520; Whining