The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-03-15
MORE STRENGTH IN IRON
Cotton Has Been Somewhat More
Irregular in Price.
PRINT CLOTHS HAVE GROWN STRONGER
Exceptionally Large Receipts CT Cotton Are Said
10 be at the Expense ofInierior Stocks.
Exports Have Been Very
Heavy.
(By the Associated press.l

Wy 'hV <a9SUCIdltu ffeSS.)
New York, March Bradstreets to-
morrow will say:
The week ends more favorably than Il
began. This is particularly true of wealth
er conditions and of affairs industrial.
which have improved greatly in various
sections of the country Plentecus rains
in the entire winter wheat belt and more
especially in the drought afflicted South
west, have given needed impetus to that
important crop which has been likewise
favored by succeeding mild weather.
''Tne apparent advent of the spring sea-
son and its promise of earliness has been
an important stimulant to most lines Of
trade and industry which were thus en-
abled 10 throw off the fetters placed upon
them by storms, freshets and the en-
tailed Interruptions to transportation.
There is less excitement but more
strength in iron and steel. Agricultural
implement manufacturers have bought
heavily of bars Pittsburg sales being re-
ported at 100000 tons, almost all cf it.
however, at old prices. New buyers must
pay the advance of 2 per ton demanded
Wheat was buoyed up by the report of
the smallest reserves in farmers hands
by the government Bradstreet's ealcula-
ticns, based on the above pointing to a
very small increase in the visible and in
visible supplies in view of the record
breaking crops in this country and in the
world at large This steadied prices for
a time, but they weakened later on The
report OF the breaking of the drought Ia
the Southwest and of additional supplies
Of moisture to winter wheat in other Sec
tions. Corn and oats for the first time
in 4 long while broke loose from the
premier cereal, reports OF heavy grain re-
ceipts, aiding the government report on
the smallest corn receipts of 20 years
and limited supplies of oats. A strong
speculative movement in May oats Is an
additional feature to be noted
Cotton has been more irregular in
price, following the recent upward move-
ment and influenced, as it has been. by
the reported intention of the Fan River
cotton operatives to strike, reverses to
British arms in South Africa, and more
speculative disposition to realize on ad
vances. Receipts of exceptionally large
volume have, it is said, been at tho ex-
pense of interior stocks, while exports
have been. as heretofore, very heavy.
Print cloths are stronger.in sympathy with
the general strength of all cotton goods
end also because of the threatened strike
booked for next week
Business failures number 224. against
207 last year.
Canadian failures number 81, against
Is year ago"
COMPARATIVE COTTON STATEMENT.
New York, March 14-For the week
ending Friday, March IA, 1902 Net re-
ceipts at all United States ports during
week, 128,534; net receipts at all United
States ports during same week last wear.
128,551; total receipts to this date az
7O7, 800; total receipts to same date last
year, 6,1l3, 1872; exports for the waax
129, 536; exports for same week last wear
l55, ,113; total exports to this date :. 36q.
1886; total exports to same date last
year, 1860, $780, stock at all United States
ports, III 595; stock at all United States
ports same time last year. 80S $50: stoclr
at all interior towns, 443, sos: stock ~
all interior towns same time last year
627, ,O36 stock at Liverpool, 108e on.
stock at Liverpool same time last year
$4,000; stock of American afloat for
Great Britain, 176, ,O0O stock of American
afoat for Great Britain same time last
year 138,00O
TOTAL NET RECEIPTS.
New York. March 1.-THE following
are the total net receipts of cotton az
all ports since September 1, 1901:
Galveston 1,855.872, Charleston 252. .2S4
Wilmington 263,629 Norfolk 4O2 ,sS7. BAL
timore 1882. New York 144.549. Boston