The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-11-09
THE CRY FOR CARS
MORE ,|NS|STEMT
Furnaces Banked Because
Coke Can't be Had.
THIS HARDENS PIG IRON
Orders in This Line Abundant and
Plants Enlarging.
RAILWAY NEEDS NEVER MORE PRESSING
Textile Mills in the South and New England
Busy. Cotton Weakened Still Further
and Corn Rose During the
Week.
(By the Associated Press.)

10y the ASSOCIATED PreSS.)
New York, Nov. S.--R. G. Dun and Com
pany's Weekly Review CT Trade tomor-
row will say:
Little relief has been afforded the
leading manufacturing industry in the
matter of transporting facilities. In fact
the situation on the whole is less salts
factory since inability to secure coke has
brought about the banking of some fur
naces This in turn tends to harden the
marked for pig iron, though no actual al
teration in prices has occurred except in
Philadelphia, where 25 cents more a ton
is readily paid. AS this industry is con-
sidered the best business barometer,
present conditions and future prospects
are certainly most encouraging, for orders
are abundant and plants enlarging ca
pacity in order to handle the growing
business. Material is purchased now for
much structural work in the spring and
additional contracts are seeking accept
aEce. Railway needs were never as press
ing, every form of equipment being
sought and it is possible that more or
dors will be placed abroad. Labor trou-
bles and low water have added to the diff
hculty arising from car shortage, making
three retarding influences affecting the
output of coal just when the export de-
mand has become factor of Importance.
Textile mills in New England are busy
and there is no longer any fear of labor
controversy at Fall River. Print cloths
have ceased to be inflated, standard
widths resuming the former quotation Of
three cents and meeting with fair de-
mand. Domestic buying Of all staple cot
tons is reasonably quiet and the views
of exporters are still below those of SELL
ers. Recent declines in the raw ma
terial have not weakened prices, as there
was no commensurate advance in goods
when the cotton market was rising. Re-
ports from the South indicate that spin
dies are we'll occupied.
weather conditions were the chief fac
tors in determining Price changes in
staple productions. Low temperature is
grain growing States brought a higher
level of quotations, corn rising % cents
above the figure ruling at the correspond
ing date last year and 26 cents over 1899.
These advances of more than so per cent
ere far in excess of the ratio of loss in
production.
Cotton weakened still further, port and
interior movements indicating a better
crop than was anticipated. At the lower
prize, however, eApOIlS are HedNy anu
tend to prevent any serious reaction.
Failures for the week numbered 243
in the United States, against POI last year
and SO in Canada. against last year.
COMPARATIVE COTTON STATEMENT.
New York, Nov. S.--For the week end
ing Friday, November s. 1901 Net re-
ceipts at all United States ports during
week, 3o0.180; net receipts at all United
States ports during same week last year,
294 OPS; total receipts to this date, q,
99.426: total receipts to same date last
year, 2,510,04f, exports for the week,
217,4Si; exports for same week last year,
$3.50; total exports to this date, 1885,
215 total exports to same date last year, |
1,79S,037: stock at all United States
ports, 725,727 stock at all United States |
ports same time last year, 610,Sl1; stock |
at all interior towns, 553, ABB; stock at all
interior towns same time last year.
532 .041: stock at Liverpool, 229 600;
stock at Liverpool same time last year.
342, 200; stock of American af1oat for
Great Britain, 425. 1000; stock of American
afioat for Great Britain same time last
year. $4,000.
TOTAL NET RECEIPTS.
New York, Mo-. S.-The following are
total net receipts at all ports since Sep
TENDER /, 1901: Galveston 744, 459; New
Orleans s30.755: Mobile 67,65S; Savannah
1858: Charleston 9l,971; Wilmington
1864; Norfolk 159,953. Baltimore H.
439; New FORK 3l,440; Boston 1850;
Newport News 200; Philadelphia 1884
West Point 49,; Brunswick "a. AT; We
lasco ---: Pensacola 1862; Fernandina
l,45O. Total 2.39s.426.
TOTAL BANK CLEARINGS
New York, Nov s.-Total bank clear
ings week ended November 7, s2,007, 1885,
1853: increase 2S.4 per cent; outside New
York s779, lo3,379; increase 2Sl per cent.