The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-13
TRADE is EXPANDING
Bradstreet Reports Activity
in Nearly all Centres.
Farm Product Prices Ranging Higher. Busl-
ness Failures Number 1877 as Against
1872 Last Year.
(By the Agsoclated Pregs.)

New York, Sept. 12.-Bradstreet's to-
morrow will say:
Taken as a whole fall trade is still
expanding in volume because Western
and Northwestern markets report m
abated activity. Eastern jobbing houses
are as active as heretofore and the South
reports more doing at nearly all centres
Frost held off until the close OF the
week, when a scare was worked up ANY
deterioration now, however, can only pc
as to quality, because the crop seems
secure as to quantity Industry is act
i've, and except in the Eastern shoe man
ufacturing trade, the hard coal region
and iron furnace work, the latter De-
cause of the coke shortage, present out
puts equal, and in most cases exceed
records Despite the fact that the new
crops are only moving in small volume
and the usual activity in anthracite coal
is absent, the pinch of the car shortage
is steadily growing.
''That the trouble is not entirely one
of too few cars seems evident from the
heavy orders for locomotives given by
the leading railroad lines Scarcity of
help is noted in the South for picking
cotton and at the North in public works.
Wage advances are not entirely absent,
and there is talk of a general movement
for better compensation on Western
railroads. Collections are uniformly
satisfactory except at the South, but
even there Improvement is noted at va
rious points, due to the increased move
ment of cotton Cotton goods are tirmer,
as much because of the steady insistent
demand as because of the strength of
the raw material, which closes 1-1601-Sc
below last week.
"A feature in keeping with the ad-
vancing season is the higher range of
farm product prices. Eggs are higher
and butter is advancing on larger con-
sumption and reported manipulation by
cold storage interests.
Business failures number 1877 as
against 1872 last year.
COMPARATIVE COTTON STATEMENT.
New York. Sept 12.-For the week end
ing Friday, September u, 1902: Net re-
ceipts at all United States ports during
week, 153, 49,; net receipts at all United
States ports during same week last year,
so 639; total receipts to this date, 243, $685.
total receipts to same date last year.
JOS. 668; exports for the week, 9S,474; eX-
ports for same week last year, 50,457;
total exports to this date, 1854; total
exports to same date last year. $4,000;
stock at all United States ports, 246.457;
stock at all United States ports same
time last year, 300, 7OS; stock at all in
terrier towns, IS, sol; stock at all interior
towns same time last year, 135,505;
stock at Liverpool, 33S, 600; stock at Liv-
erpool same time last year, 292, 900 stock
of American afloat for Great Britain,
40 900; stock of American afloat for Great
Britain same time last year, $4,000.
TOTAL NET RECEIPTS.
New York, Sept. 12.-The following are
the total net receipts of cotton at all
United States ports since September LIST:
Galveston, 90,668 bales; New Orleans,
3S,9i7; Mobile, 4,237; Savannah, 64,984;
Charleston. 1424S; Wilmington, 24,029;
Norfolk, 1852; Baltimore, 1SS; New
York, 80; Boston, IS; Newport News
| 1,252; Philadelphia, $40; San Francisco
1 200 Total 243633 bales.
BANK CLEARINGS.
New York. Sept. 12.-Total bank clear
| ings for the week ended September 11th
! 81, 446, 723. SIS; increase 1876 per cent; out
! side of New York $3.50 $40, 245, increase
| SO per cent