The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-06-15
BETTER CROP NEWS
IMPROVES TRADE
Export Demand For Cereals
Greatly Increased,
PIG IRON SELLS BETTER
Cotton's Low Condition Will Offset
Some Increase Of Acreage.
RAILROAD EARNINGS CONTINUE GOOD
An UnfavorabIe Feature is The Maehinists' Strike
Which Shows no Prospect Of an Early
Amicable Settlement. Fail.
ures For the Week 1873.
ures For the Week 1873.
(By the Associated Press.)

New York, June 14.-Bradstreet viii
say:
Reports to Bradstreets show a fur
Their Improvement in the volume and
tone of distributive trade, which hac
its inception in the better weather crop
conditions. Following the check given
to the crop damage enthusiasts
by the June crop report, which can
hardly be regarded as other than bril-
liant for wheat, comes assurances that
the conditions on June 1st, good as they
undoubtedly were, have been further
improved. What is true of the smaller
cereals is also largely the case as to
corn, though the latter is backward and
needs warmth. Cotton crop prospects
have likewise been improved though
the low conditions is apt to offset some,
if not ALL of the increase in acreage.
A better business is noted in some lines
Of mems wear Woolens and some makes
of cheaper goods are reported heavily
ordered ahead. While the cereals are
lower on good crop reports, quick sup
port has come from the export demand,
which has been the largest for weeks
past, and the decline has been temper
arily, at least arrested. One of the
most satisfactory features of all is that,
after quite period of dullness, pig iron
has been taken more freely at leading
markets and bars and plates have sold
better the latter even noting an adj
vance. Pig iron production is shown to
be proceeding at an unprecedented rate,
but consumption appears to wait
promptly upon output. Railroad earn
ings continue in undimnished volume
and the only unfayorable feature de-
serving attention is the failure of the
machinists strike to be amcably set
tied, the prospects, in fact, being that
the contest Will be long drawn out
one.
Failures in the United States for the
week number 1SS against 163 last week,
$50 in this week a year ago, $50 in 1889,
207 in 1898 and 226 in 1897
canadian failures for the week num-
Der IL against "a last week, % in this
week a year ago. 25 in 1899 and 10 in
1883"
COMPARATIVE COTTON STATEMENT.
New York, June 14.-For the week end
ing Friday, june 18th: Net receipts at
all United States ports during week, 54,-
t29; net receipts at all United States ports
during same week last year, 12,412; total
receipts TO this date, 7,145,751; total re-
ceipts TO same date last year, 634t, 1888 /:
exports for the week, 82,241; exports for
same week last year, 31,577; total exports
to this date, 5,970,311; total exports 70
same date last year, 5,44S 1886; stock at all
United States ports, 402,124, stock at all
United States ports same time last year,
2l5,39S; stock at all interior towns $685.
277; stock at ali interior towns same tins
last year, 125, $50; stock at Liverpool, 1911
0C0; stock at Liverpool same time last
year. 531, 000 stock of American anoat
| for Great Britain, $4,000; stock Of Ameri-
can aloat for Great Britain same time
| last year, go 600