The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-06-28
ALSO IN THE TEXTILES
The Domestic Financial Conditions
Satisfactory.
THE AGRICULTURAL PROSPECTS FINE
Trade is Well Maintained. Labor Differences in
the Anthracite Regions Show no I'M
prOyement. More Activity in
Cotton Goods.
(By the Associated Press.)

New York, June Pr G. Dun &
Companys weekly Review of Trade to-
morrow will say:
Foreign markets We're badly disar-
ranged by the sudden illness of the King
and there was much liquidation prior to
the closing of the British exchange from
Wednesday afternoon to Monday morn
ing. Domestic financial conditions are
exceptionally satisfactory and trade is
well maintained, although low tempera-
ture interferred with the distribution of
midsummer specialties. Manufacturing
operations have increased in activity, es-
pecially in the iron and steel industry
and textile production, while the con-
structive work on new buildings and
bridges is very heavy. Labor differences
have not improved in the anthracite coal
region, but numerous settlements have
been effected elsewhere. Railway earn
ings thus far reported for June exhibit
an average increase of 4.6 per cent over
last year and III per cent over 1900.
Most of the blast furnaces that were
stopped by the scarcity of anthracite
coal have resumed with coke, on which
the ovens have established new records
Of output, and shipments have been still
larger owing to the stocks accumulated
during the car shortage. Despite the
vigorous pig iron production, numerous
contracts have been placed abroad
More activity is reported in cotton
goods, although at some concessions in
prices. The changes were natural re-
suit of recent declines in the raw ma
terial, buyers having delayed orders on
that account. Although bleached cottons
were freely purchased and at the
decline there was little trading in print
cloths, even at cents. Agricultural pros
poets are far above the average, and
rapid progress is made with winter wheat
harvesting. Injury in Texas has partially
offset the splendid outlook in other cotton
States, while the strong statistical posi-
tions, together with liberal consumption
and covering of short contracts at Liv-
erpool, combined to cause sharp rise
in option prices and a moderate stitfen-
ing of spot cotton, but the advance was
not maintained.
Failures numbered 200 against 2O4
last year"
COMPARATIVE COTTON STATE
MENT.
New York, June 27.-For the week
ending Friday, June 9th, net receipts
at all United States ports during week,
% 80; net receipts at all United States
ports during same week last year, 59,
345; total receipts to this date, 7,47l,676;
total receipts to same date last year,
7265, 100; exports for the week, 48,842;
exports for Same week last year 1867;
total exports to this date, 6,346, 543; to-
tai exports to same date last year, Goal
04S; stock at all United States ports,
331 $50; stock at all United States ports
same time last year, 436, ,369; stock at all
interior towns, ia ,343; stock at all inte-
rior towns same time last year, 26S,052;
stock at Liverpool 887 900; stock at Liv-
erpool same time last year, $50 900; stock
of American afoat for Great Britain.
10000: stock of American afloat same
time last year, $4,000.
TOTAL NET RECEIPTS.
New York, June 27.-Following are the
total net receipts of cotton at all ports
since September /, 1901:
Galveston 2,O29 2O3 bales; New Orleans
2,231 ,935 Mobile 152, ,291; Savannah, 1125,-
3S5; Charleston 263346; Wilmington 277,-
14O Norfolk 448,OOS Baltimore 98,313;
New York 1857 Boston 1852; New
port News 1909 Philadelphia 1922;
Vancouver 1851: Brunswick 11S712;
Fernandina 1850; Pensacola 172,084; Port
Arthur 54,2O7; Port Townsend 109,96O;
San Francisco 28 ,O38; Portland Ore, 12,-
2O0 El Paso 1890; Eagle Pass 2,250;
Laredo $3.50; total 7.481.676.
WEEKLY BANK CLEARINGS.
New York, June 27.-Total bank clear
ings week ended June 26, $2,008O26, $50,
decrease 8 per cent; outside New York
n-An 900 nen a..--..a....- . r,n1. nnnt