The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1902-10-07
TRADE IS ACTIVE
And the Future is Bright
With Promise.
Su! plies Of Cotton Do Not Accumulate in First
ilandc, Demand Keeping Pace
With Supply.
(By the Associated Prcss.)

New York, Oct. 3.-R. G. Dunn ana
Company's Weekly Review of Trade to-
morrow viii say:
redistribution of merchandise shows no
dlmlnution, and prospects are bright for
continued activity. Dealers in many
lines are urgent for prompt snipnents,
calling on jobbers and manufacturers for
goods already over due. This Indication
of reduced stocks is a good sign, and the
ends to sustain quotations. Western re-
ports are especially favorable, but early
marketing of cotton has brought distinct
Improvement at the South. Railway
earnings thus far reported for September
exceed last years by "a per cent.
supplies Of cotton goods 90 not ac-
in first hands. the demand
seeming to keep pace with production.
which holds prices steady. Few export
sales are reported. not through any lack
of inquiries, but owing to the fact that
sellers viii make no concessions.
"Strictly commercial failures in the
United States during the first nine
months of 1902 numbered S,676, with de-
faulted liabilities Of $50, 4O7, 49O. Last
year there were S.GS3 failures for $50
$50. S52. In addition there We're A. fail
ures of banks and other financial inSti-
tutions with liabilities OF SIS, 021 1913,
against 81 in 1901 involving 81 ,295. 554.
While the exhibit is less satisfactory
than last years, only one other year dur
ing the past two decades made as favor
able a showing"
CNote: Failures for the Week not re.
portedO
COMPARATIVE COTTON STATE
NJSNT
New York, Oct. 3-For the week end
ing Friday. October 2rd., net receipts at
all United States ports during week,
SOC. ais; net receipts at all United States
ports during same week last year. 2lS,-
80; total receipts to this date, Lees, 146:
total receipts TO same date last year,
Isl .236: eports for the week. 304,3lo: eZ-
ports for same week last year, 1916:
total exports to this date, 110.2tS: total
cxpCrts to same date last year, 40S. go:
stocks at all United States ports. 341,6l9;
stock at all United States ports same
time last year, 22S, 1G1: stock at all IN
terror towns. 236. 446: stock at all interior
towns same time last year. 2f6, lGf: stock
AT Liverpool. $4,000; stock at Liverpool
same time last year, 20 1000: stock Of
American aiicat for Great Britain. 134,~
Oo0. stock of American atloat for Great
britain same time last year, $4,000.
TOTAL NET RECEIPTS.
New York. Oct. 3.-Thc following are
the total net receipts of cotton at all
ports since September list:
Galveston. 357,474 bales; New Orleans,
199. 1853: Mobile. 2O,479; Savannah, %, 100;
Charleston, %, 1856; Wilmington, 50. lo6;
Norfolk, 1926: Baltimore, 1,342; New
York, LISA: Boston, 107; Newport News,
3.4GG; Philadelphia, 1889; Brunswick,
1928; Pensacola. $685.; Port Townsend
1872; San Francisco, $500; Portland
(Orc.D. 200. Total, 1,O2S, TAG bales.
TOTAL BANK CLEARIEGS.
(By the Associated Frcss.)
New York, Oct. 3.-Total bank clear
ings week ended today, s., Io,319,Slo, IN
crease 26.7 per cent.
Outside of New York city ssh ,G&1,oif
increase 0.S per cent.