Evening star., 1923-08-30
STRONGER DEMAND
FOR CLOTH LIKELY
Finished Cotton Goods AL
ready Being Purchased at
Slightly Higher Prices.
HN j. &. ROiLiG.

SPECIAL Dispatch 70 Tho star.
NEW YORK. August 30.-Fh" wa
ing attitude, which many cotton goods
manufacturers and traders have been
following. * not likely to hc MAIN
tanned long after the publication
I'ridav of the report of the Depart
mont or Agri,ulture on the condition of
IN. cotton crop as OF August %, no
.nattrr what the official figures may
show.
Increase demand for finished prod
urts has appeared III the goods trade
even at price levels slightly higher
than obtained short time back and
hopes for 4 drop in quotations based
on cheaper costs Of raw cotton are
beginning to fade. Even if the bureau
report should indicate yield of well
. over 100000 bales. the statistical
position OF the staple is such that de-
mand for goods would not be mGteri-
ally checked. In addition. recent con-
solidations of textile interests and
purchases of textile machinery in New
England give indication of increased
activity in the mills.
Crop Estimates Low.
Private estimates TINS Hont3l nave
placed the condition of the crop at
from 15.3 Ia IS per cent. as compared
with 67.2 as reported by the Depart :
lm"nt of Agriculture as Of July -.
These reports declare that heavy de
reriOrdtion has come about TINS
month through druuth in some sec
lions. too much rain in others and
insect damage over Il wide area.
Those condition figures show de-
trri"ratI"n III excess OF the teh-Eear
average and many factors IN the
Tad, are haSlng their calculations on
them owing 10 the fact that the
government par or key for finding
tn" indicated yield. which is deter
fDin"d from month To month over a
Sprriud Of years. has been sharply
criticized as not applicable to the pres
en-, crop situation.
one crop StatiSticiau. whose eStI-
mates have shown remarkable accu-
Iary. has called attention Of the de-
partment to his contention that as
the loss i'm condition this month
shows a loss in excess OF the ton-Eear
average. il follows that the indicated
Weld. az figured out by the August ="
rar. would forecast a crop less than
Ih" July - estimate OF the depart
Nncnt, which was for l1,5l6.0O0 bales.
on the other hand. however. such
calculations. he says. indicate a
Weld of l1.700.000 bales. which seems
impossible.
Acreage He abandoned.
Individual crop investigators also
contend that labor shortage, untaNof-
able weather and insect activity point
To a large abandonment Of acreage
and that every private reporting bu-
reau which has compiled acreage eS-
Inmates has found much less land in
cultivation than indicated by the de-
partmcut
4 The Georgia COTTON Growers Co
operative Association closed its first
Years business today with every
mound of short staple cotton handled.
sold and delivered. officials stated
The association had secured net
profit of 81 500. 400 for ills 1900 MEM
h"r& through jUdiCiouS marketing, AN
:,Trragr price OF = :. 81 cents a pound
hcimc obtained against Il general av-
rrae" for tit" crop Of 2i6r cents. The
.nst of operation. they said. including
storage. insurance, grading and sell
ing WAS ~ cents a pound. Nor
Than $4,000 planters have signed con-
tracts I" market their present seasons :
crops through the asSociatio"
Heavy Bituminous Shipments.
Will" carriers and distributors
Were adding their objections 10 Ger
tain phases Of the Pinchot anthra :
nous continues to receive large ship
ncntS :or their winter needs. Bitum-
nous coal shipped from Lake Erie
ports, to upper lake and northwest
NG3.95H tons since the opening of
ravigation which included 933 95S
tons used for fuel on boats. This
tonnage compares with 4.904.944 tons
last year when the mine strike was
on; l5.649413 in 1927 and 10.2S2.S13
in 1920.
The reason for the heavy ship
1uentS This season is that. while other
sections We're pretty well supplied
Nith soft coal earlier in the year, the
bins of the northwest We're practical
Is empty. Then. also. the heavy ship
ments Of iron ore from the head of
the lakes this season provided an un-
usual supply of bottoms for coal on
II" up-trlnS
Northwest Well Supplied.
The northwest * now well sup
plicd with soft coal. although still
lacking its usual supply of anthra
otto" said r. X. Mahcr. a large tl"vc-
land operator. who has just returned
from the northwest. Investigation Of
reports that 1900. 900 tons OF anthra-
cite had been received at the head of
the lakes showed that an error in
transmission by one Of the telegraph
companies had distorted the figure by
900, 600 tons. About COO 600 tons
has been received or from 100000 to
100000 less than the normal require
mentS.
Mr Maher estimated that there will
be soft coat production this year in