The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-01
RAILROADS HAVE
ALL THEY CAN Do
And Already Begins the Talk
of Congestion.
RE- IMPORTS OF COTTON
Large Numbers Of Splndles are Idle Both Here
and in England---mproyed Foreign De-
mand for Our Breadstuffs is
Noted.
(By the Associated Press J

(By the Associated Press.)
lew York, July 31-Bradstreet's to-
morrow will say:
Weather, crop and trade conditions are
seasonably favorable, though irregularity
| and weakness in some staple prices reflect
readjustments of consumption to enlarged
production. Coplous rains in the corr
belt and in the western portion of the
cotton region have removed some of the
uneasiness existing as to the out turn of
these two great crops and despite this
| backwardness, the outlook for general
trade has been measurably helped The
industrial situation has improved, the
railroads are having all they can handle,
with talk of congestion again being heard,
and the country's returns OF cereal and
food products promise better tnan a year
ago in so far as quality is concerned.
"A favorable feature this week is the
reported Improvement in foreign demand
for our breadstuffs, considerable quantities
OF new wheat and old corn being reported
taken. Accompanying this has been an
Improvement in the outside interest in the
cereal markets. World stocks show little
''The industrial situation S, on the
whole, satisfactory. The situation in the
cotton goods trade is apparently no clear
er Re-imports of American cotton from
Europe are reported heavy, and large
numbers of spindles are idle. The same is
true in the English industry, where short
time rules. Despite the almost certainty
that the crop has made favorable progress
during the last week prices OF new crop
cotton are higher now than two weeks
ago. A fair summer business is doing in
dry goods.
Wheat, including -four, exports for the
week aggregate 3,19l ,442 bushels, against
27S1, ,9SS last week, 4,43S, ,534 this week last
year For four weeks Of the cereal year
they aggregate 12,O06,624 bushels, against
16, ,548, $40 in 1902.
Corn exports for the week aggregate
92S. .S39 bushels against ! ,501 1888 last week,
Is, ,405 a year ago.
For four weeks OF tne present cereal
year they aggregate 5,357 ,665 bushels,
against 423, 1926 in 1902.
Railway earnings indicate an aggregate
for the third week nearly fourteen per
cent larger than the same week a year
ago.
Business failures for the United States
this week number 1870, against 1873 last
week and 16S In the like week of 1902.
For Canada they number II, as against
20 last week, and 1G a year ago.
COTTON RECEIPTS.
New York, July 31-The following are
the total net receipts of cotton at all ports
since September 1st:
Galveston 2,091. .704; New Orleans 2,299,-
3G6; obile, 214.962; Savannah 1927, 500;
Charleston 2O9,69s; Wilmington 325, ,O23;
Norfolk 509,O15; Baltimore 4S,337 New
York 81 ,450; Boston $685. Newport News
1883; Philadelphia 26,951; Brunswick 49,
217; Fernandina 3.134 Pensacola 1876, ,104;
Port Arthur 86,663; Port Townsend 49,
5S4 San Francisco 35. 447; Portland, Ore,
| ,541 El Paso 1,5S7 Eagle Pass 12,479;
Laredo 13,7O9. Total 7,691,9 1888.
COMPARATIVE COTTON STATEMENT.
New York, July 31--For the week end
ing Friday, July 81, 1903: Net receipts at
all U. s. ports during week 1876; net re-
ceipts at all U. S. ports same week lass
year 1851; total receipts since Septem-
be1 1st 1851 1888; total receipts to same
date last year 7.540,322; exports for the
week 2,060; exports for same week last
year 1924; total exports since September
1st $500, GA; total exports same date last
year 6,47S, 1866; stock at all United States
ports 209 780; stock at all United States
ports same time last year 207, 1884, stock at
all interior towns 10,S68; stock at all in
terror towns same time last year 81 1926;
stock at Liverpool 800 900; stock at Liv-
erpool same time last year $4,000; stock
of American afloat for Great Britain 49,,
600; stock of American afloat for Great
Britain same time last year $4,000.
WEEKLY COTTON MOVEMENT.
New York, July 31.-The followin sta
tistics on the movement OF cotton for the
week ending Friday, July 31st, were COM
piled by the New York Cotton Exchange:
Weekly movement
This year. Last year.
Port receipts ;. :. :. 1887 1894
Overland to mills and
Canada. 10 4,o9o
Southern mill takings
estimated. :. 9,OO0 Z4,24o
Brought into sight
for the week :. ;. 1O.455 47,l56
Port receipts. =. :. ;. 7,692.G2G 7.5s5,241
Overland to mills and
Canada. :. ;. ;. :. 1867, ,229 1,o6l. 1929
Southern mill takings