The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1902-04-22
BUSINESS BOOMING
UNDER sunny SKIES
Retail Distribution is Greatly
Accelerated.
RElGHTLESSCON6ESItO
Cotton Attains a Higher Price on De-
creasing Receipts.
REIGHTLESSCONGESIE
GRAIN AND MEATS CONTINUE STRONG
Cotton Goods Have Not Followed fluctuations
of Raw Material, Although its Strength
Has Contributed 10 SteadineSs OF
Finished Product.
tBy the Associated Press.)

New York, April 1S.-R. G. Dun \
| Co.'S weekly review of trade tomorrow
Will say:
weather conditions have been potent
| for good during the past week. Retail
| distribution was greatly accelerated,
which in turn ENLARGED lobbing trade
| and brought more pressure on
turers for prompt Shipment: agricultu-
/ raj work was facilitated and building
operations made rapid progress; traffic
increased at the interior as the con1i-
! ton of country roads improved, which
made collections better. Some labor
} controversies were settled and others
! were averted. Complaints are still
| beard regarding tardy deliveries, but
freight is less congested and business
has increased to the extent of SO per
cent, larger railway earnings for April
thus far than last year and 1868 per cent
| over 1900.
'Quotations of iron and steel cannot
yet be considered inflated. but the mar
ket is following 4 natural course. des-
pite the efforts of leading interests to
maintain q conservative position. Sup
| ply and demand must in the long run
govern prices and, in this industry,
needs are greater than available stocks,
although productive capacity has large
~ expanded. Pressure for pig iron is
very great, but furnace men have CON
tracted for their output far into the flu
ture and who want prompt
delivery are willing to pay premiums.
Cotton goods have not followed the
fluctuations in the raw material. al
though its strength has contributed to
the steadiness of the finished product.
F.! The feature of the week was the in
creased inquiry for export and mills
catering TO this trade are sold far into
the autumn. IN the domestic trade
many bids slightly below ruling prices
We're not considered and it is evident
that supplies are in strong hands. De-
llVerleS are being a more promptly,
yet there is no fear of accumulation
Grain and meats have continued very
strong. There was some logical cxpla-
nation Of the advance in corn, interior
receipts falling to S57, 500 bushels for
the week While Atlantic exports rose to
oS4 SOC bushels, an unusually large total
10" recent times, although small by
comparison with the
week N preceding years.
Cotton attained a higher price, South
efn markets leading the advance on de-
creasing port receipts and a good de-
mand from spinners.
Failures for the week mbe 261
IN the United States, against 2Os last
year, and p IL Canada, against q a
year ago."
COMPARATIVE COTTON STATEMENT
New York, April 18-For the week
ending Friday, April 18th. 1909: Net re-
oelpts al al United States. ports during
week 66,96O; net receipts at all United
states ports during same week last vaar
so,l5o; total receipts to this date 7 Oqo
so; total receipts TO same date last voar
oo6>,l9f; exports for the week 71.482. ey-
ports fcf the same week last year 1906
80; total exports to this date ; 762 10.
total exports 70 SINE date last vear :
2t9, rs: stock at ali United States norris
o2s,424; stock at Ill United States ports
same time last year $50, 112; stock at all
interior towns 3l4 ,053; stock at all in
terror towns same time last year 500 SAC.
STOCK at Liverpool lilo, 900; stock at Liv-
eFpool same time last year 1888. 900; stock
OF American afioat for Great Britain "a
w. STOCK Oh American ahoat for Great
britain same time last year 10000.
TOTAL NET RECEIPTS
New York, April 1S.-The following .ra
the total net receipts of cotton AT all
ports since September, 1901: Galveston
! ,so2,o92 bales; New Orleans 2.O89 1922.
MoblIe l43,5O6; Savannah 1,O68, 278; Char
lesion $50, 458; Wilmington 1853. 657: Nor
folk 42S,19 Baltimore S1,94O: New york
lo3,o15; Boston rs, $3.50; Newport News
2o'o4o; Philadelphia 1896; Vancouver 3
2o4' brunswick 112,819; Fernandina 1850. |
1ehSacola 1o'.lVS; Port Arthur 1916; |
Port Townsend 100 to-. G. |
23,O33; Portland, Ore, 1920: FL Paeo
800; Eagle Pass 1850; Laredo 80, 1892; total
7,099, 367.