The Hattiesburg news. (Hattiesburg, Miss.) 1908-1917, 1909-07-16

left for their favorite resorts for rest
and recuperation, put khis has in no
sense interfered with operations at the
mills. Instead of curtaliment the cut |
appears to be increasing in volume. |
encouraged by the increasing orders,
and the actual movement has mate
rally improved. The eastern mar
kets have been more liberal this
month than they have for several sea
sons, New York, Boston, Buffalo ana
| other centers making quite a heavy de-
mand for immediate delivery Con
suming manufacturers have been in
the market regularly this month,
placing larger orders than they have
placed for more than a year. The
general trade is also showing con-
slant improvement, \the north and
west being particularly steady buyers.
In the pine belt almost normal move
ment was reached last week, but the
heavy rains may tend to decrease the
movement for a short time Crops in
the middle west were somewhat dam
aged by the floods, but the effects, if
any are to come, have not reached the
producers. In the hardwood belt a
most favorable situation is reported
Sales are larger and more numerous
and the shipments regular. Prices
of choice grade hardwoods continue
to advance, and as manufacturing cen
tiers increase their demands this con-
dition is expected to continue. Plan
ing mills, door and blind manufacto-
ries, box factories, etc., are enjoy
ing the banner season Of the year.
Everywhere these mills report lib
eral supply of rush orders, and ali
mills are working on full time. Wood
working plants, exject rush of bus
mess until the late fall"
Textiles.
The Tradesman thus quotes an Off
cial Of a leading textile association
concerning the cituation affecting
mills in the south, particularly yarn
mills:
Il believe the condition of the yarn
market is about as bad today as 1t
has been at any time in the past
two years. and, in my opinion, the
only effective remedy would be fur
Their curtailment While the market
has advanced, it has not advanced
in proportion to the advance in cotton,
and as a rule the yarn spinners did
not buy cotton when it was cheaper,
and are, therefore, forced to pay the
present price in order to keep run
ming. The price of spot cotton has ad'
vanced about one and one-half cents
per pound in the last ten days or two
weeks, and yarns have not advanced
over one cent. So, at this rate, things
are getting no better. In my opinion
there Will be considerable curtailment
among yarn mills between now and
the first of September, and If all mills
would curtail during the month OF
August I think conditions would be
much improved, as the stocks which
have been accumulated would be very
much reduced. AS far as the organic
alton of the mills is concerned stop
mage for a few weeks during the hot
summer months would not affect
them. as the help can live cheaper
then than at any other time of the
wear. and would not object to havina
this holiday While the cloth M ''
are little better off than the yarn
mills. it would not hurt them to cur
tail In fact in my opinion, it woulc
do them a great deal Of good, even II
/ thev are supplied with cotton"
Iron and Coal.
Concerning the iron, steel and Goa
markets in the south The Tradesmal
saws. "A steady demand for pig iron
the prices hardening and shoWlhs
signs of shortly taking on an advance
a resumption of operations at blast
iron furnaces, heavy shipment Of
iron and the kindred products, brings
out a bright picture of the general
metal market conditions in the south
ern territory. There is more IRON
being sold right now in this section
of the country than is being manufac-
tured and as a consequence there Is
a heavy onslaught on the STOCKS vi
iron on hand. During the month OF
lime the stocks of iron on hand in the
south were reduced from 17O,000 10
1925 900 tons. OF the last named
amount the producers only own fltty
thousand tons. the balance belonging
TO the brokers, spectators and CON
sinners and awaiting instructions rs