The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-11-22
BUSINESS TOO HEAVY
FOR RAILROADS,
New Measures Needed to
Meet Conditions.
While Good Wea her Delays Winter Trade it
Pr misses Much More Satisfactory
Cotton Crop.
(By the Associated Press

Cotton Crop.
by the Associated Press.)
New York, Nov. Bradstreet's to-
morrow will say
Favorable conditions still govern the
trade situation. The mild, open fall
weather is complained of as restricting
the movement of winter goods at re-
tail and delaying collections at a few
points, but it is not to be forgotten that
present temperatures favor the continued
growth of the cotton crop and a larger
yield than heretofore expected while il
is enabling the railroads to make far
tetter fight against the prevailing freight
congestion than was earlier deemed
possible Export trade returns look bet
ter than preliminary reports foreshad-
owed. Agricultural products, owing to
high prices, have gone abroad in smaller
volume than expected, but there is evil
IDENTIFY a larger movement Of manufac-
tured goods.
THE railroad situation is certainly
remarkable one. The complaint is no
longer one of car shortages, or lack of
motive power, or even of insufficient yard
facilities. The fact is becoming appre-
ciated that the business of the country
offered to the railroads is so large that
new measures must be devised to meet
new conditions.
The strength of the raw material has
been of benefit to the cotton goods mar
ket, which, however, remains quiet but
steady.
Among the features brought out in
kilograms to Bradstreet this week is the
increased activity noted by jobbers in
holiday goods, especially the better
grades of iewelry and fancy products.
Business failures for the week num-
bcr pol. as against 223 in this week last
year
WEEKLY MOVEMENT OF COTTON.
New York, Nov. 21-The following sta
tistics on the movement of cotton for the
week ending Friday, November q, 1902,
were compiled by the New York Cotton
Exchange.
Weekly movement
This year. Last year.
Fort receipts 81, l51 3l6, fI6
Oyeland to mills and
Canada o0,5ll IA, Oo3
Southern mill takings
(estimated) :. :. $1,000 47.245
Gain stock at interior
towns 29,169 1880
Brought into sight for
the week 434,S3I 429, o94
Total Crop Movement
Port receipts :. :. %, 261, 001 3,070,47
Overland to mills and
Canada :. :. :. :. 3Os, 1OS s17.2Ol
Southern mill takings
(estimated) :. ;. :. 516.7So 4lS,s31
Stock at interior towns
in excess of Septem-
Der 1st :. :. :. :. 47S,7S9 44S,S3l
Brought into SIGHT thus
far for season >. ..4.559, S9S 4332, 447
The total crop movement is for So days
this year, against SO days in 1901.
COMPARATIVE COTTON STATEMENT.
New York, Nov 21.-For the week end
ing Friday. November 81 1902: Net re-
ceipts at all U. S. ports during week $40,
So net receipts at all U. S. ports same
week last year 315.3S5; total receipts
since eptember 1st 325, 1893; total receipts
for the week 210, 500; exports for same
week last year 1851 : total exports since
September 1st 2,143,501; total exports
same date last year 2,161,301 stock at
all United States ports 925, 400; stock at
all United States ports same time last
year S20,968; stock at all interior towns
S65 800; stock at all interior towns same
time last year 599, 22t; stock at Liverpool
347 900; stock at Liverpool same time last
year $4,000; stock of American afoat for
| Great Britain 2SS000; stock of America,
afioat for Great Britain same time last
year 402, 900.
COTTON RECEIPTS.
New York, Nov. 21.-The following are
the total net receipts of cotton at all
ports, since September LIST:
Galveston, 1,018,SS2 bales; New Or
leans, 1,745 Mobile. 92,011; Savannah
1886; Charleston, 1885; Wilmington
202, 1928; Norfolk, 194,272; Baltimore, 81
o52; New York, 9,776; Boston, II, 1888;
Newport News, $500; Philadelphia, 1884;
Brunswick, 409S6; Fernandina, so; Pen
Artb