The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-05-16
SUNNY DAYS BOOST
THE RETAIL TRADE
Wholesale Business in Sea-
sonable Goods Quiet.
COTTON MILLS IN A FIX
They are Harsssed by the Phenomenal Quota
lions for Raw Material, Being Unable
10 Obtain Even Small ConceS-
sions From Buyers.
(By The Associated Press

(By the Associated Press.)
New York, May 15.-R. G. Dun & Com
panys weekly review of trade tomorrow
will say:
Warmer weather has made it posi-.
Bile for the retail trade to regain part
of the earlier losses in volume Of transac-
tions and the level of quotations for staple
lines of merchandise is well maintained.
Wholesale trade in seasonable goods is
quiet, although there is more or less sup
Elementary business. and iobbers report i'll
creased activity in several lines of wearing
apparel Clothing manufacturers are
busy on fall samples which are unusually
late. AT most points there are indica-
tons of Improvement in mercantile collec-
tlons the favorable progress of farm work
having a good. influence at the interior.
while heavy sales of fertilizers testify to
the extensive preparations for large crops.
Industrial conditions would be exception
ally encourag ing We're it not for a vast
army of men voluntarily idle.
Railway earnings continue to chow
the usual gains, May figures thus far
showing a gain over last year of 1874 per
cent and of 1901 by 29.3 per cent.
Textile manufacturing conditions are
extremely irregular, some improvement
being noted at wooden mills while cotton
splnners are in a bad position.
Cotton mills are harassed by the phe-
nomenal quotations for raw material, be-
ing unable to obtain even small conccs-
sions from buyers of goods who only pitr-
chase small quantities as are required
Immediately. Not only has there been
no advance in print cloths but special
sale at three cents occurred. This was
not from producers, but a special resale
of goods purchased at higher figure car
her in the season. Mills have not made n
general reduction in output although the
subject is under consideration, and sew.
eral concerns have decreased the number
factive looms.
Failures this week were 1876 IN the Uni
ted States. against 22S last year.
HEsTER's COTTON STATEMENT.
(By the Associated Press
New Orleans, May 15.-Secretary Hes
ters stateent of the worldm's visible sup
ply OF cotton, issued today, shows the
total visible to be 2,S72 .403, against O.
975,725 last week and 1928, $50 last year.
OF this the total of American cotton is
Liza. 400, against 1,S42,72 last week and
1926 $50 last year; and of all other kinds,
including Egypt Brazil, India, etc, l.,
1879 900. against ,133, 900 last week, and L.
OBS, 900 last year.
OF the worlds visible supply Of cotton
there is now afioat and held in Great Brit
ain and continental Europe 1861 900,
O o. m l..
600, against 1877 900 last year; in India
10000, against sol 900 last year. and in
the United States $4,000, against 721000
last year.
Secretary Hester's weekly cotton state
ment, issued today, shows for the fifteen
days of May an increase over last year
of $4,000 and an increase over the same
period year before last of $1,000.
The total movement since September /
is 1914 ,552 against 9900,974 last year,
and 1924 1856 year before last.
Foreign exports for the week have been
66.20S, against e6,173 last year, making
the total thus far for the season 6,372, 189,
against 500, 1876 last year.
The total takings Of American mills,
North and South and Canada thus for
for the season have been 3,636,925, against
1925 last year.
Stocks at the seaboard and the 20 lead
ing Southern interior centres have de-
creased during the week 1858, against a
decrease during the corresponding period
last season of 4,209.
Including stocks left over at potrs and
interior towns from the last GRIP and the
number bales brought into sight thus
far for the new crop the supply to date is
10.409 e27, against Il, 26O, SCI for the same
period last year.
COMPARATIVE COTTON STATEMENT.
New York, May 15-For the week end
ing May 18th Net receipts at all United
States ports during week, Sc ,477; net re-
ceipts at all United States ports same
week last year, AZ, h42; total receipts since
September list, 7,493, 176: total receipts to
same date last year, 100000; exports for
the week ga 065 exports for same week
last year. 81, 4S4; total exports since Sep
TENDER LIST, 6,250,585; total exports same
date last year, 6OS1 ,555; stock at ali
United States ports, 200, 146: stock at all
United States ports same time last yea.
492, sos stock at all interior towns. 49,
317: stock at all interior towns same time
last year. 1919, 5O6 stock at Liverpool same
time last year, 1913, 900; stock of Amerl-
can aaoat for Great Britain same time
last year, $4,000.
COTTON RECEIPTS.
New York, May 15.-The following are
the total net receipts of cotton at all
ports since September 1st:
Galveston, 2,O6S. 967; New Orleans, q
197, PSI; Mobile, 2O8, 5s2; Savannah, 1,2s1,-
EOS. Charleston 200 135. Wilmington. 321 :