The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1903-08-04
RAILROADS HAVE
ALL THEY CAN Do
And Already Begins the Talk
of Congestion.
RE OF COTTON
Large Numbers Of S%pindIes are Idle Both Here
and in EngIand---lmproyed Foreign De-
mand for Our Breatsiufs is
h
RE IMPORTS OF COTTON
Noted.
cBy the Associated Press

New York, July 31-Bradstrcet'- to
morrow VII say:
Weather, crop and trade conditions are
seasonably favorable. though irregularity
and Weakness in some staple prices reflect
readIustments OF consumption TO enlarged
production. Copious ans in the corr.
belt and in the western portion OF the
cotton region have removed some OF the
uneaslness existing as to the out turn OF
these two great crops and despite this
bdckWardness, the outlook for general
tlade mas been measurably helped. The
industrial situation has improved, the
railroads are having all they can handle,
with talk Of congestion again beng heard,
ana the cOuntry's returns OF cereal and
1ood products promise better tnan a year
ago IN 50 far as quality IS concerned.
"A favorable feature this week is the
reported improvement in foreign demand
tor 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
or no change for the week.
The industrial situation s, on the
whole, satisfactory. The situation in the
cotton goods trade l. apparently no clear
er. Re-lmpOrts of American cotton from
Europe are reported heavy, and large
numbers of spindles are idle. The same i
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. \ fair summer business IS doing in
dry goods.
Wheat, including -four, exports for the
week aggregate 3,191, 442 bushels. against
Psi ,9SS last week, 4.438 ,534 this week last
year. For four weeks of the cereal year
they aggregate 12,0OG, 624 bushels, against
16, 54S, $40 in 1902.
Corn exports for the week aggregate
92S,S3 bushels, against sol 1888 last week.
IS. 405 a year ago.
For Jour weeks Of me present cereal
year they aggregate 5,357 ,665 bushels,
against 423, S26 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 100, against 1873 last
week and les in the like week of 1902.
For Canada they number II, as against
20 last week, and Is a year ago.
COTTON RECEIPTS.
New York, July 31.-TAe following are
the total net receipts OF cotton at all ports
since September list:
Galveston 2,091, 704; New Orleans 2,299,-
3G6; obile, 214,962; Savannah 1,297,5 800;
Charleston 209, sos; Wilmington 325, 023;
Norfolk sos, O15; Baltimore 1881; New
York 5 1850; Boston SO, $50; Newport News
1853; Philadelphia 26,951; Brunswick 49,
217; Fernandina 3.134; Pensacola 1876, 1O4;
Port Arthur S6,663; Port Townsend 80
5S4; San Francisco 35,447; Portland, Ore.
sd; FL Paso 1,587; Eagle Pass 12,479;
Laredo Is, 709. Total 1851, 9S3.
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 laso
year 1851; total receipts since Septem-
be- 1st 1851, 1888; total receipts TO same
date last year 7.540.32 exports for the
week 1000; exports for same week last
year 1924; total exports since September
list $500, 614: total exports same date last
year CATS. 366; stock at all United States
ports 209. $50; stock at all United States
ports same time last year POI, 764; stock at
all interior towns 10, 1858; stock at all in
terror towns same time last year 81, 725;
stock at Liverpool $50, 900; stock at LILY
erpool same time last year 575, GEO; stock
of American a1oat for Great Britain 49,
goo; stock of American afloat for Grea1
Britain same time last year II, coo.
WEEKLY COTTON MOVEMENT.
New York, July 31.-The followln sta
tistics on the movement Of cotton for the
week ending Friday, July 31st. were com
oiled by the New York Cotton Exchange:
Weekly movement
This year. Last year.
Port receipts 1887 1884
Overland to mills and
Canada.... ;. -. 6S 4,o9,
Southern mill takings
estimated. 1900 24,24.
Brought into sight
for the week . 10,435 4l,lo'
Dor+ ,ooo : 600 eoc : 521 Oh