Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-05-23
HEAVY VOLUME
Is REPORTED IN
TEXTILE TRADE

NEW YORK, May 23.-This is what
the Dry Goods Economist, recogniz-
ed authority in its field, has to say
as to the conditions in textile and al
| lied lines:
Excellent reports of the state of
retail trade are coming in daily from
practically all sections of the coun-
+ try. These reports indicate that the
volume of spring business to date is
35 to 40 per cent greater than at this
time last year.
Similarly, there has been mark
ed revival of activity in number of
leading industries, though some de-
pressions exist in steel and copper.
The over-subscription of the Victory
loan is being widely referred to as
indicative of the large saving of the
buying power of the mass of the peO-
pie throughout the country.
! The volume of business has been
surprisingly large n view of the ten
dency in agricultural sections to de-
fer purchasing in late spring until
the condition of the growing crops is
definitely determined.
! Expect Lower Wheat Cost.
One of the most important topics
at the presetn time is the wheat ques-
ton. At the conclusion of two-day
conference held in New York. United
States Wheat Director ]. H. Barnes
issued statement showing that there
| is a strong probability of reduc-
ton in the cost of wheat in the near
future, though the government price
of $226 bushel will not be affected.
There has been little or no change
| in the railroad situation. The reed for
additional funds for maintenance, re-
placement and increased labor cost,
will lead to increased cost of trans
portation, which apparently must be
met, thereby affecting the cost of mer-
chandise ordered for future delivery.
The newest development in the Ia
Dor situation is the strike Of 3O.O0O
or more operatives which started on
Wednesday in the New York coat.
suit and skirt factories. This had been
ANTICIPATED, however. both by makers
and by buyers of women's garments
and its immediate effect therefore
are of less interest than its possible
outcome.
Cotton and Cotton Goods.
| Raw cotton continues to fluctuate.
with prices slightly under 20 cents
for Nav deliveries, and with the quo
tations for later months at figures
ranging down to 34.40 cents for March
1920. Reports issued by the bureau OF
the census show that the consumption
of cotton last month was 475,753 bales
as compared with 544,125 bales last
wear. Exports of cotton increased from
217,8O2 to 411,916 bales.
In finished goods greater strength
is evident. Gray goods are bringing
slightly higher prices. Print cloths for
| example have advanced from an eighth
to a quarter of a cent. GinghamS.
percales and voiles are in excellent
demand. Sheetings and flannels are
also good.
White goods are selling freely with
organizes and various embroidered
fabrics in principal demand Skirtings
have not yet been called for in guam
titles but heavy sale is anticipated
+ as soon as warmer weather sets IN.
Wool Situation.
There has been considerable fall
ing off in the demand for raw WOODS
Of the finer qualities during the last
two weeks. This is attributed to
general expectation of the arrival OF
SHIPMENTS of Australian and New Zea-
! land woods in the near future.
At this weeks auction OF govern
ment owned woods in Philadelphia
more than half of the 100000 lbs. OF
Garnet woods offered on Wednesday
was sold at good prices. Thursday S
offering consisted of domestic WOODS
suitable for clothing industries.
Raw silk prices at Yokohama con-
tinued high, quotations during the week
ranging from 100 yen to 1850 yen
for Sinshiu No. /, with the other
grades proportionately nigh. STOCKS
are lower than usual at this season.
Business in finished silks is in a
stable basis. The demand in finished
silks is on a stable basis The de-