The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1901-01-15
Then Follow Lumber, Leather and
the Drug Trade.
WIDESPREAD CONFIDENCE IS SHOWN
Cotton Has Weakened on Bull Liquidation Due
to Much Larger Receipts. Wool is in
Rather Better Demand Just
at Present.
at Present..
OBy the Associated Press J

New DIX, Jan. 1l-BraQStfeet S To-
morrow vii say:
Business is still of a between sea-
: sons character in most lines but a liv-
! ening up of interest in several trades
has been noted this week. Relatively
best reports come from the iron and
! steel, lumber, leather and drug trades,
| but there has been some enlargement
, of Wholesale distributiVe trade on
| spring account in the South and Cen
tral West. Spring trade in dry goods
trade is just opening up and it is noted
that heavy spring movement on or
ders is now proceeding at the West.
Some gain in wool sales is noted at
Eastern markets, but weather condi-
tions have not been Favorable at the
East to business as a whole. except as
stimulating the retail trade i'll shoes
and rubber goods. a special feature
is the generally good tenor of reports
as to collections from all Western and
Southern points, from which it is in-
, ferred, that trade returns to retailers
must have been quite good. Summed
up briefly, The situation is one OF wide
spread confidence in the general bust
ness outlook.
Cereals have given Il further exhibit
tiOn Of life this week. partly on light
Northwest receipts and advices that
Argentine shipments will not exceed
$4,000 600 bushels, or about half those
of d year ago but also largely on the
unquestiona My heavier volume of Wall
Street money seeking an outlet in the
grain market. Fluctuations hay" been
wider. and It has been essentially
traders n rk,l with net changes for
the week small. Corn is slightly high
er in sympathy With wheat and small
receipts OF contract
.'Inuuiry rather than active demand
is a leading feature in iron and steel,
but quite at increase Of activity is not
!, ed in BeSSenleI pig iron and billetS at
Pittsburg and in plates at Chicago. No
change in lillotS or plates has been
agreed on as Yet. Iron production is
increa sing. but has not vet overtaken
consumption and stocks are reported
smaller than a month ago. There are
only two i,;ie furnaces in the Chicago
district.
Cotton has weakened on discourage
ed bull liquidation. due to larger re-
ceipts, white cotton goods have been
quiet on the advances of a backward
spring trade at tn" East. Wool has
been in rather better demand than CT
late. due to better buying Dy manufac-
turerS. A fair business has been book
ed in overcOa ting on next fair account
ct lower price,. but the regular heavy
weight sea son has not yet opened.
Plain dress goods are being ordered
quite freely, but fancies are neglected.
Jobbing business in shoes is quiet. but
is quite good at retail. Travellers are
now going out with fall STYLES Of shoes
which are slightly lower than last
year.
"Wheat, including flour shipments
for the Week aggregate 5.:61 .O9o bush
els against 1914 ,3O1 bushels last week,
424S.926 bushels in corresponding week
of 1890: 5.6i1.G11 in 1899: 5,299.517 bush
els in 1898 and 3.9!S.154 in 1897. From
July 1st TO date this season wheat ex-
ports are lc4 2nt. 04S bushels against 1I0.-
752 sol bushels alst season and 134 ,036,04S
in 1889.
Corn exports for the week aggre-
gate 1897. .345 bushels against 4,51o,521
bushels last week. 3.314516 bales in this
week year ago o.9S0.099 in 1899, 4.641,-
$50 in 1898 md 3,517 ,2S1 in 1897.
From July 1st 10 date this season
corn exports are 103,60S ,035 bushels
against 1lS,o20,137 bushels last season
and S9.O91 9'0 bushels in 1S9S-99.
"Business failures in the United
States for the week number 322 against
26S last week: 29J in 1900; 305 in 1899:
:23 in 1898 and AIS in 1897.
"Canadian failures for the week num-
Der Sc agai lst % last week. IS in this
week a year ago: "a in 1899. IS in 1928
and SO in 1897.
HESTERS COTTON STATEMENT.
New Orleans. La. Jan. 1l.--Sccrc ary
Testers weekly New Orleans Cotton Ex-
change statement issued today shows an
increase in the movement of cotton into
sight compared with The seven davs
ending this date last year of 50 900 bales
d decrease under the same days wear
before last of $4,000 bales
The amount brought INTO sight during
the past week has been 220Sl7 bales
against His bales fer the same seven
days last year. and 2Ji."32 bales ycar DO
fore last Tho total movement for the