The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1902-04-08
TRADE SITUATION
HARD TO DESCRIBE
1t is Affected by Many Cross
Currents.
ACTIVITY IN THE SOUTH
Strength of Cotton Prices Leads to
More Hopeful Feeling.
PROcPECT OF A LARGE WHEAT CROP
Little Doubt Exists That a Large Area viii be
Planted in Corn. Check in Oistribu-
tive Trade Seems But
lransitory.
lransitory.
(By the Associated Press

New York, April 1-Bradstreet's to-
morrow will say;
tWhile cross currents in trade make 1t
difficult to characterize the general
trade situation the country over, ap-
pearances would indicate that the check
given Glstributive trade by react.on3ry
weather. crop uncertainties and addl-
tional friction in industrial circles is Of
transitory character. Bank clearings,
ell things considered, are Of large vol
ume, railroad earnings reports to Brad
streets point to continued increases over
the same period q year ago and eSpeclal
activity is noted in leading manufacture
ing lines principally iron and steel lu1l-
ber cotton goods coal mining, machinery
ma king, and a host OF lesser industries.
Jobbing distribution at the central west
and at leading eastern centers notes q
| further toning down, but in the spring
wheat sections reports are OF undlmlnlsn-
| ed activity. Southwestern trade reports
| continue of cheerful nature. At i'll
| dustrial centers in the South iron, coal
and coke production is active, and while
| the backward weather conditions ar3
| credited with limiting demand in agri-
/ cultural sections the strength of cotton
prices leads to a more hopeful feeling
| there rot entirely warranting the pre-
| dictions OF q reduced acreage in that
staple crop. Despite the lowering in the
| general average of wheat as result OF
| the dry weather of last fall and the
| early winter, indicated by the Govern
| lnent report, winter wheat crop pros
poets are still for crop in excess of
400 600 eco bushels, and about equal in
fact, to the indicated final out turn last
year. large acreage is indicated IN
| oats and that crop seems to be progress
ing Well. AS to the corn crop, little
| doubt exists that a large area will be
planted.
Cotton continued to lead the staples
in the matter OF bullish feeling. Cotton
goods have strengthened in tone, partly
the result Of the raw product and part
iy on the realization of the fact that
increased wages for 5000 employees in
volve higher prices for the finished
product.
Cereal prices moved within narrow
limits early, pending the publication OF
the Government report, some strength
being impaired by reports Of better eX-
port demand and cold weather interfer-
ing with the growing crop, but THIS
strength disappeared later and the re
port itself, though claimed to be sIr-
prise, exercised little effect, the nct
changes for the week being very slight.
Hog products strengthened slightly on
the small run of hogs and also on IN
creased demands by packers.
"Business failures number 1872, against
225 in this week last year.
In Canada 26 against % in this
week q year age.
COMPARATIVE COTTON STATEMENT
, New York. April 11.-For the week end
NTT,tc
at all United States ports during week
!. &c 191; net receipts at all United States
ports during same week last year 91.373
, total receipts : to this date, 7034, ,S81
+ total receipts to same date last year
. 6,55S, ,019; exports for the week, 40. al
exports for same week last year, f52,ll;
, total exports to this date, 5,692, ,23o
: total exports to same date last year
4 5,l63,340; stock at all United States
ports, 654 ,304; stock at all United States
ports same time last year, 719,4lSi
a stock at all interior towns, 34S,9S2
stock at all interior towns same time
last year, 1923; stock at Liverpool
n / 1122,0 900; stock at Liverpool same time
! last year $4,000; stock of American
afioat for Great Britain, 10000; stock q
6 American aioat for Great Britain same
h time last year, $4,000.
e TOTAL NET RECEIPTS.
t New York, April 1.-THE following are
g the total net receipts of cotton at al
: PORTS since September 1st, 1901
d Galveston, 1882, ,592 bales; New Or
Z leans, 2,06S,317; Mobile 149, ,406; Savan-
t nah 1,060 303; Charleston 259, S74; vii
Ii mington, 267903; Norfolk, 425 ,204; Bal
t timore, S0,965; New York 151 932; Bos-
: tor, 5,0i1 Newport News, 20, O,661; Phil
ad9Inh;a NanpOuyar 111 Bruins.
s wick, 112,S19; Fernandna 1850; Pensa-
;. cola 64193; Port Arthur, 4S476; Fort
n Townsend 1G3, ,197; San Francisco ,S85
r Portland Ore, 922; Ell Paso 1 800; Eagle
v Pass, 1,75G; Laredo, 1892; total, 1884, IS
bales.
:. Successful efforts are being made &c
: relieve the destitute condition of the
g citiZeEs of the drouGh strickel count :.