The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-05-04
THE CROP REPORTS GOOD
The Warm, Sunny Weather Makes
Retailers Smile.
EXPORT BUSINESS IN PRINTS BETTER
But the SIowness Of Demand For Cotton Goods
Has Caused Decline Of Five Six
teenths Of Cent in Ten
Days,
(By the Associated Pressl

(By the Associated Press)
New York, May 3.-Bradstreet tomor-
row will say;
The sanguine feeling as to trade and
speculation finds reflection in the enor-
mcus activity in stock speculation which
has attracted much money from the usual
commercial channels and expanded clear
ings to unheard-of totals. Warm sunny
weather is helping retail trade in the
cities and is likewise affording the farm
ers favorable opportunity to complete
crop planting. General business, the
country over, may be classed as salts
factory. The iron and steel trades.
though reporting somewhat of a lull in
the cruder forms, continue to furnish
the best reports, while the textile indus
tries return the least favorable accounts.
The textiles are relatively the worst
situated of all the industries. The slow
ness of demand for cotton goods on do
mestic account has been the cause OF a
reduction of print cloths of 3-l6c which.
following the decline of l-Sc last week,
makes a net decline of 5-16c in ten days.
Curtailment OF production by the mills
limits stocks but does not help demand
Export business, however, is better and
there is scarcity of brown cottGns re-
ported.
THE crop situation at present is quite
encouraging. Warm sunny weather Is
helping corn ana cotton, and wheat main
tains a generally good condition, not
withstanding reports OF damage by in
sects in the Southwest Cotton crop adj
vices are fairly good, and an increase
in acreage is still foreshadoWed despite
much replanting have been necessary in
Alabama, Georgia and in Tennessee,
where the scarcity of seed for this purpose
is remarked. Grain planting is almost
finished in the Northwest
Iron trade production naturally APP
pears to be catching up with demand in
the cruder forms first. Bessemer pig
iron is 25c lower this week and sales
have been made of Southern pig fifty
cents below the asking price of some
weeks ago. although Birmingham reports
schedules adhered to.
Failures for the week number 1853
as compared with PA last week, 153 in
this week year ago, 16i in. 1898 ana
240 in 1898"
COMPARATIVE COTTON STATEMENT
New York. May 3.--For the week end
ing Friday, May 3rd, 1901 Net receipts
at all United States ports during week,
s., 26S; net receipts at all United States
ports during same week last year, Al 064;
total receipts to this date. 6,S01 $50:
total receipts to same date last year
6,203 240; exports for the week. 155 908:
exports for same week last year IS, 752;
total exports to this date. 5496, $685. total
exports to same date last year, 5,164 579:
stock at all United States ports, $50 ,522;
stock at all United States ports same
time last year, 369, $685. stock at all in
terror towns, 476, ,149; stock at all interior
towns same time last year, 202 900;
stock at Liverpool, III 900; stock at Liv-
erpool same time last year, go 600;
stock of American afioat for Great Brit
ain, 12O 600; stock of American afoat for
Great Britain same time last year. $4,000.
TOTAL NET RECEIPTS,
New York, May 3-The following are the
total net receipts Of cotton at all United
States ports since September 1st, 1900
Galveston, 1,911,OO7 bales; New Or
leans, 1926, 492; Mobile, 127 Az; Savannah,
ZOOS, 30l; Charleston, 216, ,705; Wilmington,
255 S37 Norfolk, 372. TO- Baltimore, co.
500; New York. 156. 1853; Boston, 1S7 ,5s7;
Newport News, 1919; Philadelphia 22,-
403; Brunswick, 5,165; Port Arthur.
2O,654; Pensacola, 12S,646. Total, 6,sOl, ,6S5
haleS