New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-12-30
world with cotton"
= Views Of the Technica, Prose

4 aLs are not talking
!. ABOUT the money they are
ing put are in many place,
usanclng wages voluntarily 1C
cr cent.-even while cotton is
costing them 50 DER cent 'r mor -
than than it did three wears ago. and
. cut1lng the margin of profit from
tnat end also" This ionrna1
adds: ' 'ourna'
-; but when cotton is high, pros
pe.ltv is general. and the sale. Of
c e: goods is correspondingly ac-
1--WE. SO. in these times, the trav-
Cler may see, when passing
through the Southern country.
snat the owners Of the cotton mills
are laying out vast sums of money
N the Improvement of plants,
0ulldlno of new ones. and bea,,ti-
Tying their communities 50 that
- addition to our sunny cline
our mill people people may enjoy
me blessings of health, education,
and recreation in greater meas
ure even than can the average
dweller in the big centers of
Rade. Cotton is making the South
md Southwest blossom with all
= beauty and fragrance that the
entific planting of industry can
Fhere produce.
G2ain. Mr.. Norman II. johnson,
ditor Of The Merchant Journal
Commerce (Richmond, Va.),
q us that the cotton they are
Nv consuming is from the 1915
and that the present prices
abrics give the mills the larg-
profits they have ever made"
demand for cotton goods, he
us, is greater than the sup
and the price being paid for
Ion is in excess Of previous
but. with the present land |
pation and the scarcity of
n-labor, cotton can not be
uced and marketed profitab-
y the farmer for less than
teen and one-hlaf cents" and
Ids:
Cotton is distinctly an Amer
product. Foreign products
invariably paid the jobber
retailer higher profits. The
Drican consumer has been led
believe that foreign products
superior. The American
J are now making in body,
ure. finish. and colors, the
i Of the foreign mills in many
les of all kinds, but are really
plling on cotton and cotton
lures. Cotton fabrics have [
advanced in higher proper .
. than silks, woolens, and lin
and the various mixtures. ]
is q substantial defense for ,
Ice ranging in the cotton
NJ cost Of cotton fabrics. we !
advised by Dry Goods {New !
: City,, IL due to the high
Of raw cotton, and not to the 9
cost OF DIV e.stho it is feared 4
the latter will make finished '
on still more expensive, and I
journal adds: t
The higher wages also affect q
cost Of cotton, and this the :,
umers have not fully felt as :,
but when spring retailing be- q
unless the great middle class ',
ohoppers lose their heads, the =
sual prices for cotton will j
ae q drop in the sales. The q
pll factors Of the trade are o.
wing uneasy as mills do not -
y to take much Of the late con- o.
knt business and some houses Sc 3.
not sell late contracts except =
the very best class Of buyers. a,
pre- is q decided fevrishness u
st th6 cotton business because
sAtoo unusual to have the fin 70
q fabric so high. The textile ~
e-problem has reached such 70
"a that they work as thew M
|ease, i've or six days . week,
u the mill. owners counting on
= Spring orders are the larg-
known, but this largely re- =
= from the importations grow
less and the export increas- =
With deliveries satisfactory r,
IRE will be little discussion Of
ices early in the season. We &
ut look at the question squarely
"A realize that when Europe is
peace we will not sell As much
/ ferret mt fanciod dnnroce;voi