The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1902-02-18

Highest Prices For Years Reached
by Butter and Eggs.
PRICES OF COTTON GOODS ARE GOING UP
Demands For Steel and iron Are Gorg For
ward at a Record Breaking Rate. Con-
tinued Strength Noted in All
the Cereals.
tBy the Associated Press.)


New York, Feb. 14.-Bradstreets to
morrow Will say:
sales for spring account, demand for
manufactures and industrial operations
generally are expanding while prices are
hardening. Specially good reports come
from The West and Northwest and the
leading Eastern markets also note the
growth Of sales for spring.
Least favorable advices come from
the South and Southwest, though Chicago
notes exceptionally large buying by
wholesalers from those sections.
Continued strength is 10 be noted in
all the cereals and flour, fractional ad-
vances being shown during the week,
while hog products, country produce gen
orally. iron and steel and other metals
are also quoted higher. The highest
prices il years have been reached by
butter and eggs as a result CT the cold
weather, which in the Northern part OF
the country, particularly in the East,
mas checked shipment and imDeded col
lections. Tho advance in raw cottons
has been rapid, u for the week. and u
since the present movement began. Pa
tient bulls are at last reuaping the re
ward OF their confidence in higher prices
for the southern staple. Despite in
creased receipts, visible supplies Will
probably show another falling off this
week ard the heavy export movement,
shipments for FIVE months. IS per cent
larger than last season, lead to claims
that domestic manufacturers are not Us
we'll supplied as expected and that reia-
lively cotton is being over exported.
Cotton goods have felt the quickening
Influences operative IN the raT product,
bnt also reflect the increased demand at
leading markets for all varieties. Print
cloths are 3-16 higher on the week. Prints
and gingaamS are active. the latter being
heavily sod ahead ard aivanccs in sta
pie cottons have been numerous, the lat
ter branch of trade displaying more ami
nation.
Despite car shortages, which reduce
supplies CT fuel. cause banking OF fur
Traces AMI prevent shipments OF finished
PRODUCTS, production and demands for
iron and steel arc going forward at a
1ecord-breaking late. The iron trade,
in fact, appears to have awakened sud
denly to the fact that January production,
and presumably consumption was the
largest ever reported IN any month 81
any year. The present pig iron pro-
duction IS claimed to be st q rate of IS
oG0, 06o tons per year. Scarcity Of pig
iron. steel b.llets aEG other crude ma
t~erials is still Il feature and high pre-
niuins are Icing paid for prompt deliver
les. AZ the same time there never were
so many orders on iron manufacturer
books jor future delivery and bar mills
are scld ahead FOR ave months.
Business failures foc the week number
2G5 as against 226. Canadian failures
number 30 as against SO a year ago"
COMPARATIVE COTTON STATEMENT
New York, Feb. 1t.-iTor the week end
ing February Il. 1902: Net receipts at al
United States ports during week. 151,Si3
net receipts at all United states ports
during same week last year, 1855
total receipts TO this date, 6,138, 125
total receipts TO same date last year
5,601. Sit; exports for the week, 84.329
exports for same week last year, 81 ,395
total exports 10 this date, 1,8fO,3t1
total exports TO same date last year
4,1G0. 834; stock at all United States ports
$50, I18; stock at all United States port!
same time last year. 3l9,O3S; stock at al
interior towns. sos, 335: stock at all in
terror towns same time last year, 699, 06S
, stock at Liverpool. 1,05i,oO0; stock a
: liverpool same time last year, 1856 900
stock Of American afoat for Grea
Britain, I'll, 900; stock Of American ahoa
for Great Britain Same time last yea
1859, 600.
TOTAL NET RECEIPTS.
New York. Feb. 1i.-1he following ar
the total net receipts Of cotton at a
ports since September lst, 1901:
$ Galveston, 1897 ,1&6 bales; New Orleans
/, Isl, 566; Mobile, l4O,945: Savannah
I 975,3G2; Charleston. 236, $50: Wilmington
: 252,92S; Norfolk, 3T5. 459; Baltimore. 81.
156: New York, 49, ,334;; Boston, SO, 465
Newport News, II, !5S; Philadelphia, %.
: 1874: Vancouver, 2,534; F~ernandina, Asst
Brunswick, 5Q,S4i: Port Arthur. 2T,375
y Port Townsend AZ S4t. Pensacola 10