New-York tribune., 1910-01-02
FALL RTTER MARKET.
Business at the Hills IN 1909
LARGER than an 1908.

Fall River, Mass. Der. 21.-Ths print
cloth market for the year 1913 was one of
comparative moderation. and the total
sales were estimated at 10000 pieces.
equal to 4s7. 900 yards The annual pro-
ducton of the mills in this city that manu-
facture goods of print cloth yarn con-
struction is about u. 900 pieces equiva-
lent to 61eooo.oo0 yards. Fer the purpose
of merely acquiring an idea OF the value
Of the business done in the year, 2
cents a yard may be taken as a fair
average price at which figure the amount
OF business handled is equal TO SCI. .s75. 600
In addition to the sales of print cloth.
the mills that produce fine count goods
report a good business; but as fine goods
are not rated in the market TO the extent
that medium and coarse count goods are
listed. there is no way of getting even an
approximate idea OF the volume OF business
accomplished last year. The price OF fine
count goods ranges from 10 TO Is cents
ward, from which it can be seen that the
total valuation of both classes of goods
would reach very high figure. The ex-
act number of pieces or fine goods manu-
factured in this city is not known. and
it would be practically impossible TO Sc
cure an adequate total of the goods
turned out in the course OF the year by
the fine goods mills. Aaken as a whole,
business was of greater proportion last
year than in 1908 and prices were more
generally satisfactory.
The quotations for the various makes OF
cloths at the beginning of the year 1903
were Twenty eght-inch. 64x64s. 7-ls cents
= yard; 2s-inch, eix6os. ga cents. nominal;
e7-inch. s4xsos. 3is cents; 2T-inch, 56x5es. rs
cents: 27-inch. 5sx44s, "a cents: 27-inch,
5sx52s. Ills cents; 25-inch, 5sx44s,
sic cents; 25-inch. 4sx3ss. 1 9T-1Oo cents;
5s1s-inch. 6ixs4s. AZ cents; SS9s-inch. eox52s.
as cents; S9-incf, 6sxT2s. 51a cents. The
prices for the above makes at the close of
the year are in their respective order: -Four
cents. 37s cents, Ssa cents, 3ss cents, cents,
81 cents 2zs cents, "a cents, cents. SIS
cents and 61s cents. The lowest price for
spot mdding upland cotton was o.25 cents
q pound, on January 3: the highest was on
November and December 10. 1920 cents
pound. The grade of cotton used in the
manufacture Of fine goods ruled unusually
high and the high prices were responsible
for the increased cost OF manufacturing.
There are about thirty thousand opera
tives employed in the cotton mills In this
city, and their wages are based on the
rate of 1866 cents for weaving a cut of
print cloth. which, according TO the pro-
Textile Council representing the help, and
the Cotton Manufacturers Association,
representing the s27. 100000 invested capital.
measures forty-five yards. The wages
throughout the various departments in the
mills are based on this rate. Wages are
computed on the margins between cotton
and CLOTH and these daily margins. which
are averaged up at the end of May and
November, determine automatically the
rate which shall be paid for the following
six months. In accordance with the opera
ton of this sliding scale. the wages of the
operatives should have been reduced about
8 per cent in November. but the Cotton
Manufacturers Association waived its
right, for the third time within two years.
The weekly payroll amounts to about
sS1a,0o0
The dividend disbursements of the mills
last year amounted to S1,971,S50 on total
capitalization of s27125,0O0, against S,7I.-
135 in 1905 None of the mills paid less
than per cent. while the Union Cotton
Manufacturing Company paid 291a per cent
and the Cornell IS per cent In 1907, which
was considered the banner year in the
textile industry, the dividends to stock
holders amounted to s, ,7ol ,S75 on a total
capitalization of s25. .475. coo. In addition to
the cash dividends. there were declared
stock dividends amounting to 2SS Is per
cent, which is considered enormous. There
are about 100000 spindles and 15,0o0 looms
in this city
The outlook for a larger degree of pros
perity in 1910 than was shown last year
appears encouraging, although considerable
depends on the course Of raw cotton. II is
reasonable to assume that cloth values
will go higher rather than recede, and this
will have the effect of giving added
strength to the cloth market in general.