New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-16
COTTON MEN OPTIMISTIC.
THEY EXPECT THE TRADE TO IMPROVE
AND TO YIELD FAIR PROFITS
xrw-ENo1.ANp SECURE IN HER SUPREMACY IN
THE MANUFACTURE OF COTTON GOODS
sprrER PRICES FOR EXCLUSIVE LINES

prr-rrR PRICES FOR EXCLUSIVE LINES
PLANS OF THE GROWERS.
~. .o,,or market and the trade In cotton goods
ara reparded as the only factors In the CONNER
c,al world which afford anxiety and give the I'M
nression OF uncertainty 1t Is only In this Depart
want that business men And conditions which 90
mt harmonic with the prevailing prosperity which
MARKS every other line OF activity. But men VINO
ore nrorninent in the production Of cotton ana III
the manufacture OF cotton goods say that the STU
alton is not by any means as unpromlsihs as S
recent reports would make II appear anu tHeS CO
meet that the cotton-growers and all WHO al 49,
pased in the handling and manufacture OF me-
nroduct Will shortly gain fair share OF tno - 90
nerity which the country at large is oes'h'''""
enjoy. orro>, cooDs TRADE.
TIL. head OF ono of the wholesale dres's
houses in Broadway. which handles ms 49, soma
,,es ~ cotton goods. secuted the idea wH'
80. hoya circulated OF the South seriously ~
-, ,r,o tba business Of the New-Engai'u 800.
rnrIs and he took an optimistic view oi .o .,
OF the trade Admitting the ' adv which
t,ons which exist he pointed out the Mt
IL being applied with success no '"
reporter: .r no. n nav almost
Inc We Northern competitor for the raw
-. haoause the grower insists on ana oo''9
sor b,nself what is saved in freight chai ses e.
,,,, tr,e that the Southern cotton "oN
+.sarn lucrative but this Is an apparent 49,
r.ai advantage because. In point OIL iaet
80 cou,bern labor is more ignorant ana "'o'e , 80
80 really accomplshes less In SIX Gay " =, 80,
hour. than a Massachusetts, operative 80. 10
e,,ve,eht hours q week to whloh nc -
law. 49,. ~. conditions to-
II ,h d,sadvantage OF New-Engiano'
~. ..c,,on 4, secure in It's supremacy " -.
,osnufscture Of cotton goods ana wiz ,,,as. 90
ros,,,on for years to come unless ''e 80 NTH
nt.ne-..s over the country. as was '"e -,
IN. silk business Of Paterson N ., Iii. In
r.I,e- from constant strikes ny ou'iN''e ,,,a.
-, s,st.. and so separating the opera"'es
o'... s,.,or Of wages decided upon oy INC
cotton Manufacturers Association VI az -,
go IN which the Rhode lslano anu -
ouvn.rs will probably agree Is ou' t,Iv
nhass OF the trade, and VIII ris". -, ..or ,ro.
=. - rssuIt in big strike, which VIII sup p
80 "a clear the warehouses OF accunu'a'eu
49,, rhrea weeks Of idieness will make the p'e
,t vaiting market active, ana oIue' r,,-
o1ered at advanced prices Inc" -. - "a
lecturers will be In position 70 pay 80
the operatives will go back at prac''oA'' 4, ~.
wae., which they are receiving now o' - go
.,,.. occent a reduction. the opening Oh NV
49, Grade will enable the employers 10 '
,ba nresent scale early In the year ~. REV
Ids trade Is not going to the ooes ! U.s., .oot
evs-v,h,ns else Is looking up Inc sul -. Vii
which Is acting as oa'hpe' "
not outlast the holidays. .,o,sIv i'm
10. ,ho nrevalence Of low prices Is se''ouS'' -
o,-,ng the proftableness OF the pus .hsr.
=. Az. IN the kee1ness or coHpe'i'0''' -, ,,a,
- hAen general reduction o. the mo- , -, -
n .r,,s,,c worth of the goods. until the %
lily anu q. 90, - the cheapest OF the cheap. SOLO
y. ,rIoss which afford no profit. or only 'iuo''o"
% LII This IS All aggravated form OF cu''I'O"'
connection and II Is leading many ue"'e
~ carry the cheaper grades or cotton HooN ,,,
The remedy has been found in what are cSneu
.xcIns,va goods For example. largo New-1olh
-. I'll, rosla n contract for quantity or prints
~ particular designs taking care to Keep 'He qua
itv above the average and TO select oes'e"' u -
artistic merit than those used IN the c"e"P', 49,
His contract with the manufacturers gives mn ca
tire control Of these patterns. he puts IA" 30
on the goods allowing the manufacturer the Joooei
go The dealer each a reasonable share or pron''
and distributes the stock among the re'alleIs' con
nnlng the goods to one house IN each CITY VI ois
trict line Of goods thus handled usuaiiy se'iS
we'll and brings fair returns Thus we are creat-
nc market for better goods at living prices, Ihs
man is vastly benehtng the cottonIg00os traue, nj
vii, soon be taking orders for the spring trade.
which ! believe. VIII be an ac'i'e e"u -
season for all concerned
A coTToN-GRowER's OPINION.
A Southern planter. who has been in New-York
for several weeks buying improved machinery to'
his plantation, said TO a reporter:
1--WE have been iooliSn, anu
blame for the present condition OF the cotton trace
Instead OF restricting the acreage as We od IN Ioo
keeping down the supply and putting up the price,
we planted reckiessly. and the natural result mas
been a hammering down Of the price But TINS TINS -
righting Itself. The crops are not by any means
SO large as have been reported. and the suppy on
the markets OF the word is not 80 large as 10
threaten a continuance Of low prices Within an
other month will be getting fair price on our
cotton. The terms at which we are 6uying ma
chInery indicate that the manufacturers share our
confidence In the future prosperity OF eoton-sro"-
. . .,. l.,
peril OF overproduction, and we are likely stil fur-
fher to reduce the cost OF raw cotton and MAKE
our plantations yield returns from other crops In
q recent issue OF Textile America. South Carolina
planter suggests the putting or cotton In every
other and The planting Of peas and potatoes
in o crop OF three-fourths as much cotton on an
acre as II II was planted with cotton alone. re-
duces the cost one-half and makes the land richer
~ know Of many planters who will adopt this
plan next year at once reducing the original cost
OF cotton and developing other sources Of revenue
In few years the South Will furnish the North
which you pay in June. Then there vii, be
profit for the planter in cotton even Il tho market
fu.es low. The Southern cotton grower Is not by
goods as the Democratic newspapers would have
YOU believe I am Democrat, but when tho party
plays the bear cotton am not with IT.
rO prDv,Cvu COTTON ACPRAcr