The Savannah morning news., 1904-09-07
COTTON TRADE IN
ENGLISH MARKET
AS SEEN BY COL. G. A. GORDON
sPINNERS OF UPLAND COTTON ARE
IN GOOD CONDITION.

manufacturers of Sea Island Staple
Complaining Bitterly of Trade
COnditiOns-New York and The
North Expect Revival of Business
When Election Is SettIed-POIitics
Mixed in Empire State-TOm Wat
son n Help to RepubIicans-COI.
Gordon Deeply Interested in Man
assas Maneuvers and Pleased
with showing His Regiment is
Making.
Col. G. A. Gordon returned to Savan-
nah yesterday morning after a business
trip to Europe which lasted some six
weeks, and which was spent chiefly in
the cotton trade centers of England
He also visited for several weeks in
New York city and made a brief stay
in Maine. Col. Gordon sailed from
New York on his trip across June 10,
and reached that city on the return,
July 20.
Speaking of the cotton trade of Eng
land, Col. Gordon said he was inform
ed by people we'll posted as to condi-
tions, that the spinners of upland cot
ton were doing well, and that they
have bought more cotton of the crop
now coming in than can be delivered at
once, so that good prices for good
grades may be anticipated for some
time to come.
Sea island cotton spinners, on the
contrary, complain bitterly of the trade
conditions. They say that the demand
for yarn is poorer than it has been in
years and. in one case, Col. Gordon
was told that the prices paid for the
yarn now are not so good as they were
three years ago.
The reason the English spinners were
able to get along with about one-third
less sea island cotton last season than
during the previous season, was that
they simply wouldn't manufacture the
staple after prices went above what
they considered a reasonable price.
SpinnerS Have Been Careful.
Since the spinners were caught in
1893 in buying up raw material and
spinning it into stock that they were
unable to sell for several years, they
have been careful not to repeat the
mistake, and to this fact is due one of
the hopeful features of the trade this
SEASON.. the lack Oh STOCK Oh 6lJllef
yarn or cotton itself.
Referring to trade conditions in this
country Col Gordon says the senti-
ment in the North is that there will
be a good business in all lines as soon
as the election is settled AS to who
will he elected, Col. Gordon says there
appears to be little interest From
what he himself learned, however, he
would not be surprised if New York
should elect a Democratic governor.
and yet be found in the column of the
Republican party so far as the national
election is concerned.
Interest in Tom Watson.
The Republicans are interested in
Tom Watson and the campaign that he
is making, and will make, in New
York state. According to one promi-
nent member of this party,
ance is better one than
either that of President Roosevelt, or
Judge Parker and, Furthermore. it is a
better Republican document than any
thing that has been said or written by
any member of the Republican party.
Col. Gordon is deeply interested in
the Manassas maneuvers and is pleas
ed to know how well the members of
mis- regiment, the First Georgia, Infan-
try, are conducting themselves. He is
especially pleased, too, that all the
field officers of his command were
able to attend the encampment. He
was abroad, he said. when the news
OF the appointment of Col. Anderson
and Col. Wooten reached him. These
appointments were to be expected, he
sad, and were the proper ones to be
made, in that the appointees were the
senior officers of the service.