The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1906-09-05
COTTON GOODS SITUATION.

weekly journal published at Kansas
lCity, Missouri, and devoted to the
manufacturer, jobber and retailer is
la.thority for the statement that both
wholesale and retail houses are hand
ling larger volume Of business than
is usual at this time of the year, this
activity including nearly eyry line
dealt in in the dry goods market.
OF the cotton goods situation the
Manufacturer and Jobber says
The situation in the cotton goods
market Is one that Is and has been
seriously called dangerous The de
mand is daily increasing and the sup.
ply remains about the same. Labor
differences here and there initiate
against the largest possible output and
so affect the market from this stand
point with these limitations and
the pressing demand from the buy.
crs it is easy to see what may become
of the market should they continue
amy length of time.
This Is not a condition that is pc
culiar TO the cotton market, but is
likely to be true of any market that
is governed by the law Of supply and
demand Prices have scared not a lit
tie during the past three weeks, and,
what is still more to the point they
will in all probability soar still farther.
The mills down East keep putting mp
the price on gray goods so that Of
necessity the market must follow.
That the strength of the market was
a complete surprise at first is now
an old story conyerters being the
most surprised of all. Bleached goods
in all of the best known lines are mo-
mentarily growing scarcer and the in
dications are that before two months
have elapsed there will not be enough
to go around. The larger houses make
no secret Of their position, but freely
state that they are better sold than at
auy time for great many years.
Raw cotton itself has absolutely no
effect whatever ON the market price
of its products, for, while il Is declin-
ing in price, the prices ON all bleach.
ed and colurod goods, in fact, on all
cotton goods are advancing. Strikes
and a general shortage of help ser.
iOusly affect the supply, while buyers
who have heretofore been Indifferent
are now fdlliag over one another I'm a
vain effort to secure an kinds of de
sired deliveries. It is now impossible
TO secure delivery of goods before the
middle of October at the best There
ARE instances where premiums have
been offered, but this method proved
fuitlcss, as the mills, had already
practically sold that far ahead. Old
customers have to be overlooked, and
as many judged, a generally distres-
sing position prevails. no relief can
be promised for from 60 to 80 days,
and some houses have expressed the
wish that they might close their doors
for 80 days that they might have a
chance 20 catch up ON their deliveries.
From all indications the market is
on the eve of the greatest season OF
its history. This. too, is the belief OF
sCme Of the Oldest heads in the bus
mess. Nothing short of a general up
heaval can disturb prices before the
end of the year. Every few days ad,
vance on staple lines are announced,
and the prices are cheerfully paid. T.
is the opinion of some that these ad.
yances are due the cotton goods mar.
ket as it has not yet had its share Of
the prosperity of the country in gen
eral. The situation may be rightfully
called acute, there being but one spot
where there is anything to suggest a
reaction, and that is i'm brown sheet
ings But here the most that can be
said I. that conditions are not so
acute. Export trade was looked 10,
TO help improve their condition, but
hope from this source has been aban
doned for some time to come. There
is tirmness In the heavier lines, but
nothing to compare with that in the
finer fabrics.
Print cloths, GS by 72s, are in the
strongest demand, There are for the
finer grades of ginghams and colored
goods ON which the situation is the
most Intense, Repeated advances have
been made, but the can seems to be
ineNhaustibic. These goods are sold
FAR ahead as the mills care to take or.
ders for them, and the strength of
their position was such a surprise 10
buyers when operating in the market
that they FASTENED without further de.