The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1900-11-13
OUTLOOK IN IRON
Is ENCOURAGING
A Better Demand Has Caused
Small Advanc S.
SUGAR IS NOW LOWER
Spot Cotton Has Not Advanced as
Was Expected.
A 1O.500,0OO BALE CfO2 LOOKED FOR
SUGAR Is NOW LOWER
A 10, 500, 600 BALE Cfo2 LOOKED FOR
Russian Pors Send Out Wheat Freely, and in
Argentina the 0u'lcok For tie Crop is
Less Discoureging. Little Doiog
in Textile industries.
(By the Associated Press. J


New York, Nov. 9.-R C. Dun and Com
panys weekly Review of Trade tomorrow
viii say:
Iron markets are in an encouraging
condition. No violent speculation is
threatened but in numerous instances
better demand has caused small advances.
The most notable change thus far is in
pig iron, which is eagerly sought at all
markets, large contracts being placed %
to 80 cents a ton above the bottom point
recently quoted.
Spot cotton has not advanced as ex-
pected on the approach of frost. Actual
damage has not come and belief in a
current field Of 10, 800 900 bales is strOn-
ger British exports OF yarns and cloth
in October showed a loss, making the
total for the year very heavy. Russian
ports cend out wheat freely, and even
II argentina .nC outlCGk for the crop is
less dsCouraging. although the quality
in some districts Will be inferior. Specu-
lative selling here for foreign account
meets every advance. and exports are
behind last years. Western receipts are
! fairly large, but the movement of corn
into sight and out Of the country is ex-
tremcly light. heavy cut in the price
Of refined sugar by all the large interests
DfllSS SIalG3fC Sfa0ulateQ TO o.bD.
'Tardy winter weather is making havoc
With textile industries, and almost coun-
teracts the election.
'raiures for the week were 2G1 in the
| United States, against 157 last year and
! Is III Canada, against % last year.
HESTER'S COTTON STATEMENT
| New Orleans, La, Nov. 9.-Secretary
! Hester's statement OF the worlds visible
as 2,960,54S bales, against 3,SG1 ,O49 bales
] last year. OF this the total of American
| cotton is o,47S,54S bales, against 3,2Sl ,o49
bales last year and Of all other kinds, in
| Guiding Egypt, Brazil, India, etc, $4,000
/ bales, against 517 600 bales last year.
/ The total worlds visible supply OF cot
! ton shows a decrease compared with last
year of $40, ,501 bales.
/ OF the worlds visible supply there is
! now afioat and held in Great Britain and
i continental Europe ,529, ,000 bales, against
! 1S70,CO0 bales last year; in Egypt 196000
I bales, against IL, 600 bales last year; III
| India $4,000 bales, against 10000 bales
! last year, and in the United States 1,15i,-
| Geo bales, against SEQ, GOO bales last
| year.
| Secretary Hester's weekly New Orleans
] Cotton Exchange statement shows an IN
crease in the movement into sight com
pared with the seven days ending this
date last year in round figures of 50 600
bales. For the nine DAYS of November
the totals show an increase over last
year Of sc, 600 bales. For the seventy days
of the season that have ELAPSED the ag
gregate IS ahead of the seventy days OF
last year 2400 900 bales.
The amount brought into sight durir 6
the past week has been l16,194 bales,
against 3S4 165 bales for the seven days
ending November Gth last year. These
make the total movement for the seven
ty days from September 1st. to date s.
5S6.734 bales, against 3.346,900 bales last
year
The movement since September 1st
shows receipts at ali United States ports
2.51S,599 bales. against 2,219,015 bales last
year; overland across the Mississippi
Ohio and Potomac Rivers to Northern
mills and Canada 260 1873 bales, against
3S1. .013 bales last year: interior stocks in
excess Of those held at the close of the
commercial year AIS, co. bales, agains
420,3S2 bales last year: Southern mill
takings 81, $40 bales, against 326, 4SS bales
last year; 2S4, fSS bales year before last.
Foreign exports for the week have beer
27S.O21 bales against 152, ,555 bales last
year.
Northern mill takings and Canada du
ring the past seven days show decrease
OF 9.S05 bales as compared with the cor
responding period last year. The tota
takings of American mills, North ant
South and Canada thus far. for the sea
son have been 76S 0i9 bales, against 939,
9i7 bales last year
Stocks at the Seaboard ard the % lead
ing Southern interior centers have in
creased during the week t,303 bales
against an increase during the CORE
! spending period last SeaSon
| COMPARATIVE COTTON STATEMENT
| New York Nov 9.-For tho week end
| ing Friday, November eth. 1900: Net re-
! Ceipts at all United States ports during
! week 294 ,G25; net receipts at all United
states ports during same week last year
| 257,J59 total receipts to this date .
| 3l0,044 total receipts TO same date las
: year, 1883. 7S5; exports for the week, ESQ.
. 363; exports for the same week last year