The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-10
THE CEREALS ARE
DULL AND LOWER
Several Lines of Trade Show
lrregularity.
THE TFXTIlFS ARR 0llIFT
THE TEXTILES ARE QUIET
Iron and Steel Quiet Also, But Steady
and Strong.
IosBERS BUYING LARGELY FOR SPRING
Lumber Has Jagged Among Building Material:
But is Now Siffening in Price. Demand
For Wool is Only TO Cover Manu-
facturers' Salts
lBy the Associated Press


New York. Feb. S.-Bradstreet's tomor-
row will say:
Trade developments this week, aside
from those connected with rumors of
combination in great industries of which
IL seems as yet TOO early to speak au-
thoritativefy, have been in the main ia
Yorable Several lines of trade and many
staple prices show irregularity, but this
probably is no more pronounced than
usual at this season of the year. The
feature of the week in distributiye job
bling lines has been the growth of spring
demand in the South and Southwest, re-
fiected in enlarged sales of dry goods,
boots and shoes, clothing and millinery
at leading centers there and in the Cen
trail West. Better advices as to the out
look for trade coming northwest, and
Pacific coast reports are no less encourg-
ing. Retail distribution of winter goods
rejects the stimulus afforded by winter
weather, but earlier quietness and per-
haps large stocks still carried are prob
ably responsible for the slowness of col
lections to improve. Prices are still ir-
regular. though not much lower as
whole
1.-The cereals are dull, irregular and
rather lower on large Argentine ship
ments and liberal Northwest movement,
the supporting feature being the good
export inquiry developed at concessions.
The strength in sole leather is feature
noted at many markets. Shoe buyers are
in full force at Boston, and sample or
ders are numerous. Factories are well
employed on immediate delivery orders.
Lumber has Jagged among building ma
terials, but is stiffenng in price as the
season of active operations approaches.
The textiles are rather quiet as to first
hands. Cotton has weakened despite
smaller receipts, because of low trade re-
ports from goods markets and advices OF
shading of gray goods. The better ad-
vices from the distributive trade, may,
however, help the situation. Demand for
wool IS only to cover manufacturers sales.
Plain dress woolens are in chief demand,
mems wear goods are slow of sale.
Iron and steel have been rather quiet
hut steady and even strong as TO price
with finished products particularly struc-
tural material in active inquiry. Imme-
date delivery of steel billets can only be
obtained at advances of fifty cents to 81
over the pool price. Bessemer pig iron is
strong and rs to so cents higher on the
manufacturers are liberal at Chicago and
st. Louis. Stocks are claimed to be not
accommodating at furnaces in the former
district. Birmingham reports the coal
supply Inadequate to demands of iron
furnaces which are reported sold two
months ahead.
Wheat, including -four, shipments for
the week aggregate 4,997 ,S13 bushels,
ere ~ oil n
the corresponding week of 1900; $50, 500
in 1899. and 9.419.5 in 1898. From July
1st TO date this season wheat exports are
12O. ga, 496 bushels, against 1902, 292 last
season and 56,59S. 159 in 1888.
Corn exports for the week aggregated
A171 .44O bushels. against 3,9O7. 707 bushels
,corrected) last week; 3.450,909 bushels
IN this week year ago; S,S65622 in 1885,
and 4. sos OH in 1898. From July 1st to
date this season corn exports are 119,943,-
8S4 bushels, against 1872 ,696, ia bushels
last season and 1913, 279,2 74 bushels in
1S9S-'99.
..Rusiness failures for the week in the
I1ntted States number 245, against 23S
last week: 231 in this week year ago;
193 in 1899; 27S in 1898, and 301 in 1891. =
COMPARATIVE COTTON STATEMENT.
New 1OTk, rSp' O. 4 VI nv "S ~
ins Friday. February 8: Net receipts at
all United States ports during week, 49,
Sl2: net receipts at all United States
ports during same week last year, 2OI-
al. total receipts to this date, 5.475, 431;
total receipts to same date last year, A.
GS5.2l1: exports for the week. 1864; ex-
norts for same week last year. lat, 7O3;
total exports to this date, 4,046,30S; total
oxnortc IN same date last year 8, AGA ,S14;
stock at all United States ports, 9O6,26l;