Daily capital journal. (Salem, Oregon) 1903-1919, 1918-05-25
COTTON GOODS WILL SOAR
PRESENT PRICE OUTLOOK

ing cotton goods below the market
price and in many instances, below the
actual Wholesale price of today. This
is an actual fact.
Of course, not so many people are
buying calico now days, hut it may
be bought around 90 cents a yard. Ae-
cording to the market report Of this
morning, American prints are quoted
at % cents.
TOile du Nord is selling at around
so cents yard That looks pretty
high. 1ut the wholesale quotation to-
day for Toile du Nord in New York
City is 80 cents a yard and very lit
tie on the market.
Amoskeag staple giRghams are sell
ing around 25 cents a yard retail. Now
is the time to buy, as when present
stocks are sold out, the store keeper
will be obliged to Go on the market and
pay from "a to 26 cents wholesale. The
quotation today is a cents wholesale
and an upward tendency in price.
Now is the time to buy Fruit of the
Loom while the buying is good That
is, if you can buy it for 80 cents a
yard. -Four years ago it retailed at 10
cents a yard. But the frugal house
keeper viii be doing the right thing to
buy at 80 cents as the wholesale price
today in New York is 30 cents a yard
and going up. This can be verified by
today's market quotation.
A c A ticking is worth 47la cents a
yard today in the eastern wholesale
houses. Hope domestic is quoted at
24h cents and when it goes anywhere,
it will be up to higher price. The
poor cotton farmer down south is get
ting his at the rate Of 30 cents
pound fer cotton when formerly he felt
fine when he was offered ten cents a
pound.
Ginghams are travelling skyward al
so. The wholesale figure for Everett
Classics today is % cents a yard and
for Utopia also % cents and scarce on
the market. Toile du Nords were off
the market on today's quotation.
Unbleaehed pepperell sheeting, which
formerly sold wholesale for nine cents
yard. is now worth 2S cents, and
Bates colored Damask, IS cents yard
wholesale. For next spring delivery,
Bates ginghams are priced at 321A
cents. This gingham formerly retailed
at l2H2 Ger IS yard. Now the whole
sale is almost three times as much
The man who wears overalls or a cot
ton work shirt will also pay tribute to
the 80 cent cotton. For many year,
he had paid $l.00 for the best brands
of overalls. Today that overall costs
the dealer $3.50 pair at the factory
and the retailer will then add on the
freight of 10 per cent and then n
little profit for doing business and
then price the overall and then the
purchaser viii; possibly have a severe
chill. But it cannot be helped and the
head of the house might save himself
from the coming high figures by do
ing a little purchasing now.
That old familiar blue chambray 80
cent work shirt, sold for two genera
tions back, has disappeared for good.
That is while the shirt is still with
us, the 80 cent price was buried at the
beginning of the war. The retail store
is now obliged to pay $1.l3 Wholesale
for that shirt. Of course there may
be few left on hand at the price of
few months ago, but there is moth.
ing dong in the old four bits line.
To figure coming prices on cotton
goods, turn back to what was paid four
years ago and then multiply it by
free. Cotton was then ten cents Il
pound. 1t has been selling for 30 cents
the past winter and there is an idea
among cotton buyers that the price
may climb as high as 30 cents a pound
Buy while the buying is good.