The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-01-22
TRADES RECOVERY
IMPROVEMENT ALMOST AS MARKED
as THE IRON TRADE BOON.

IHh lhON AhN1h AlOOlAs
----
,..r.a.. Of TIE of n Cont n Yard on Fin
I.hed Product Let's Mills Run at q Profit
Large Demands from West Indies,
south America and China for Our Goods.
I'm nroyement in the cotton trade IL becoming
.,most as marked an the boom in the iron
trade The prices OF all Glasses and grades OF
cotton goods have gone up. The demand for
all classes and grades has increased and fur
thar increases In both demand and price are
looked for. There has been a remarkable in
oresse In the export trade and that trade is
hang carefully nursed by tho manufacturers
Further increases nre looked for there. too. Raw
cotton has advanced some. and 1t ia predicted
Tint II will advance still more. so that the cot
ton growers may expect to share In the general
prosperity that has overtaken the trade.
The general prosperity Of the country. OF
eoprse. Is in a large measure responsible for
tho spccial prosperity OF the business. Tho
ability Of the women folks to buy new dresses
and TO surply their needs has brought about
the increased demand. But in addition TO that
better business methods have made money
making possible. About q year ago the cotton
good business was In the dumps deeper than
eve, before. and 1t looked as II the manufac-
turels we're so deep In tho hole that they might
not DO able to pull themselves out. In the mills
IL the, city OF Fall River. the centre OF
the oy 'mquSSk' OF goods amountins to almost a
ally below the cost of production. There was
ffHEs Sun made a thorough Investigation OF the
situation at that time and the reasons for Il.
suit from the conditions, that existed a com
bination OF some kind that would maintain
E ISSs Sf Ct she etx vestin Sasass e c olsG RefRtai6fS Of e eSs
Southern mills. where longer work hours are en-
forced and lowsr wages are paid; s99m n : Esdustion
or else the laws limiting the hours OF work
must be changed; The employees would not
duction in wages of II Z per cent. was made at
the same time the COMPUTATION was formed to
T TR'se crom%fbination consisted in the forming OF
a selling SYNDICATE controlled by two men; The
entire ns stock oxSI tt th IT, the sSDd miIls a had E w hand Ir was
,6Sm :. T They snnS SGnt n6lnIdtt the PGF1S sn ,bi and S1n the
cate was formed print cloths were selling at
/ 10 iU cents a yard. The syndicate has sue
TTSeEGfi r q cTts.l7E .ies Of a cent. looks se Very small.
llltit Is the difference between a profit and 2
n l%ss, The The III nll!e Of G a cent %a aarsHee. at a profit
prosperity that has aided in boosting prices.
For year before last January the price OF cot
ton had been going down. constantly down.
The cotton crops were the greatest in the
the country who keep posted on such things
figured that the d do,. sc IN the price OF cotton
soit9n was going down, they adopted q
|$$ % S%s5Sr s s" a iIS}!is sp 'S %,s sSq ss[t = :sSPESsps!EE f sSs s{E
t tRess s s90ref ftsTsq f resiI1ed tffantt" fb ot @s m had d
fully. as they had been accustomed to do. The
increased demand thus created helped to con
manufacturers had when they formed the sell
Ing, syndicate. BY careful management. the
81 sen III fb sy ,S1n'ns, has ns va %1iH a n sl the Pow st to Get t5 Pia
has been manuiactured since the ombinatiG0n.
so that to-day the mill owners are free; Thu
making interest. All the stooreReepers have
not r,1, been so wise. ]howeyeG, and there are e
have held of thinking that cotton had not
reached rock bottom. The cotton crop in the
y ysn5 tSf GF'8 more 5ssf tSah t9 Ii. IGEG Sd Sp Bsiss. 4h to
store keepers, who. have not bought and the
mill men who have held eeildd Of oGo have been fGuring
large o~verestimate. There have been storms
be 50 large and the Quality, will! not be so good.
b b5sins ssing gh So tfEed men SI,b in T the set s1tto pe5 sS4ss
said It was certain that cotton would not go
EhaEm i IA that psb il TllI f sslH RDi . oPe f e ths tb %G s1o with
placed the i total at il p.206.6otG Gales s. '"s ''a
goods is bound to, ,sdSapee. The demand FOR
tie finished product is SO great that the
ig!itime and notwithstanding their full capacity.
While the manufacturers In New EnglaGd. out
ti 65ae s VI Gf.1 Fi 0f FAR aTe R RHt ne tRes ha af the er ss1ly
ine t" ssiil under the price ,GSSeSd BY the syndi-
same on all new orders, but many OF them have
tied themselves up with contracts for future
they made the contracts. III Southern mills
are TI working night and day; Nv a.. oo..on
ITduH mere. me cotton men npplnrpd 10 The
S frsSe r sp is being e GI by the
have q demand for all the goods that they can
manufacture The trade in India and China is
demand Fell S of. That fhs pt c@antr HSf Is N rc r@%'S ing
from me effects Of the plague; and the result is
there is constantly inereasirg; too; So
parts Of the world Is confined to tie rougher
goods The higher wages paid in this country
ne English IN the finer grade of goods. where
e tSS3F b c2Sf in r ,bs a large part q the Il total tha
minimum Of labor. the American manufacturer
can IN some cases .undersell the English. Last
s sstcs s1s dfbbg 81 mor OF t iSsf09 1896 sSSGt fT pset a%sF tSs
export trade was hinffer esd"' a. little By
YEAR ~ T Sqt Il the 'G inere ssslSy dRs ars a IS t fss
zane with the close of the war more than made
August has benn nnp ~ q ou nbannm anal
ono o. the cotton men with whom the reporter
t,h!ked Yesterday said 1t was threetimes greater
trade. There is no sign ola falling of. There
Is every indication that the trade will increase.
from the West Indies. from South America and
IRON China Many Of these orders. however.
are sent to be- filed at a certain price. Since
tle arrival If the orders the price has ad-
vanced. SO they are being held until the givers
can be heard from. But without them the
business IN sight promises to be record break
Ing.
r'rNE MOORE REMAINS ~ Jan.