Pine Bluff daily graphic., 1919-02-02
k,rrREsTING VIEWS
 --ON-- CURRENT NEWS.
THE SITUATION.

1h1 lUkAV"N,-c
 D ,., and Cotton Oil News" at th>
 ,, of q nimber' of local cottor
 ,nvarranted breaS in cotton ot
 7 Han s2O per bale in the 'las1
 'e ,,sS VIC is due to a combine tion o1
 mstances uasb adverse to colt cn. Il
 ss that the spinners on both sides
 .'a ,ss water, joined by a large ele'
 'p' of short professional traders
 ;oined issues and quit> any eff
 st manufacturing and selling
 ,, e, and engaged exclusively fin { WI .,,ste effort to shake the spo.
 ls,s ss of their cotton. His sit ssn ,' has been aggravated by the
 s"r;ties yn at Washington sitting su'
 u .r hv ana making no effort to re-
 inc he cotton market of the handi-
 If an embargo on shipments of ton m to foreign countries.
 Te are also told that the big cut in ,oods is responsible for precipi- ns the raid in the cotton market. I Iot us look into this. Following g
 the prices of staple dry goods as [tsd by the New York jobbers Ca1 busry IS:
 ns!0rk, Jan. 19.-Prices on cot
 Goods were reduced very mater during last week and there has
 more active buying. Print cloths
 df 5c to 7c a pound, and bleach eottons were reduced 6c to Sc a
 Wide sheetings were reduced l.s per cent and irregular revi-
 were made in several lines of ings quilts, towels, damasks, etc.
 ps named on cotton blankets red advances ranging from z 1-2 1O ner cent on the list issued in smber. 1917, but a decline from government price lists issued last tember. While buyers are still rty unsettled, some of the prices
 manifestly close to cost and pur- ses were mad with more freedom
 has been for some time.
 tint cloths: Twenty-eight inch, i4s. Sc; 64x*0s, 8 3-4; 3S 1-2 inch, ils, 12c. Brown sheetings, South
 standards, IS 1-2c; denims, 2.20s, dhN indigo, 35c; ticking, S-ounce,
 prints, 19 1-2c; staple ging- ns 19 1-2c; dress ginghams, 22c
 a4c.
 kts analyze these figures and re-
 the yards to pounds and see t a small margin @ of profits ipinners are very magnanimously cing themselves to in an effort to Ace the price of cotton and shake
 he spot holder.
 hhts 60x64 weaves are 6 2-3 ds to the pound or a measly COG
 pound. Brown sheetings. four ds to the pound, is only TAG per Ind; tickings and S-ounce duck is G10c per pound, while staple ging- ns, five yards to the pound, are go- at the beggarly sum of ninety sa and one half cents per pound. |he spinners could make fortune bducing the lowest priced goods N quote in the above and pay 40c pound for middling cotton. There lhrdly a mill in the country which ldd not ay for itself in a single kf and a handsome cash dividend |tdes weaving gingham at the above De and pay 40c for middling cot |M, yes, we hear the cry of labor etbes and no orders for dry goods
 at the same time the world is (lsd for clothes and barren for raw |'ton; that is, the neutral countries Europe are, and in some of them |Eng thread is selling at $1 per @l.
 What kind of spinner is it who will p his mill for the lack of orders Heen he knows that the world is altlng for his product at fabulous he is in the game, as be- E said, to depress the price of cot and shake the holders out.
 The recent raid in the cotton mar will result in a reduction of the rage for the coming year of more 9 100000 acres. We are in receipt .Rtters from all over the belt in- sne as much.
 |se would advice all cotton planters et their lands lie idle and keep N cotton they have and buy some Me cheap 18c October cotton on the M Orleans Cotton Exchange. be- ssse that is about 7c per pouund less ,a N the cost of production. =. Lsen at the recent drastic decline IN M IS no pressure to sell anywhere .Is s than 5000 bales being sold at all
 me American markets on Thurs X. 1ne day of the largest decline. n that day D. F. Miller of Athens wired us: Mot a bale selling ir s section."
 .Sxsailzing .x the need of some action S a'ae part of our lawmakers on that In M we wrote Senator McNealus o1 % Is county, now in the session o1 N M t'xsglslature N at Austin, suggesting Ss s. .,'Il mat body immediately petition h :. .ausnorlties at Washington to mod ~ VI [aise the embargoes on cottor N ~s's to neutral countries and tho r,ss. s's oay we sent the following tele. nd 4 rS 70 Senators Morris Sheppard ns ' SSnSrles A. Culzerson of Texa. Nj Nj 2, p. ,. Smith of South Carolins l,s representative os m Hatton w. Sum kna,:s ksiss: Texas, January 23.-Urg, ns,na0. nr.sse raising of embargo on cot Sine wrts tn to neutral countries. Bear:
 ' ms to depress price of cotton N,t.. < N. T. BLACKWELL,
 S'or Cotton and Cotton Oil News kt's 0Ic m1lph rrreokses>I . LG