Evening star., 1923-06-22
.PUzzL|NG TEXTILE
PROBLEMS STUDIED
Experts Consider Prices,
Production and Sale
e. of Goods.
By j. e. ROYLE,

special D1Spatch 10 Inc StSr-
NEW YORK. June e3.-Textile men
:, OF the south, gathered at Dallas and
.Asheville. n. G., Today discussed the
serious problemsl that face them as a
result of the CoMdition of the present
cotton crop aud the possibility of a
shortage Jnst how serious that situ-
alton is from the standpoint of prices.
production and sale OF cotton goods
may be gathered from the fact that
one OF Ehe foremost crop experts Of
the sorfh today fixed the condition of
the crop at 67.7 of normal The ten
year average for this month is 75.9
per cent
An increase of IL per cent in acre
Ise over last year was indicated ac-
fcording to this expert. pointing to
'probable yield based on ten govern
ments's formula of 10.500,oO0 bales
from 36660,o00 acres. These figures
compare with condition of SO per
cent and an acreage increase esti-
mate of II per cent by the same
correspondents as Of May 20.
Unfavorable weather over much OF
the belt since that date has caused
ready planted. The government est.
mate of May 25 fixed the condition of
the crop at II per cent.
Conditions Below Normal.
Every cotton producing state except
Texas showed loss in condition, the
statistician said, and Texas just about
held its own Some Improvement In
the last few days has been shown In
the eastern and central belt, however.
WeevilS are reported in many parts
Of the belt and some sections are
badly infested in the east. while grass
hoppers and cut worms are active in
che west. Labor is generally scarce
The statistician quoted and the gov
ernment experts alike hxed the condl-
ton of the Texas crop of II per cent
with an indicated yield of 4,0b6.OoO
bales. Texas businessmen are prepar-
ing 10 take every advantage or their
good crop. West Texas representatives
today presented a factory program to
the state textile conference at Dallas,
which involves both domestic and for
eign markets.
lei Paso business men are going to
erect cotton mills to supply the Next
can trade" r. e. Thompson, vice presi-
ient of the FL Paso Chamber of Com
merce, said today. They are going to
have the profit that formerly went TO
the eastern manufacturers and they are
going to save freight charges both on
their raw cotton and on the finished
goods This will enable Texas mills to
compete with the world in Mexico"
Increased Mexican Trade Predicted.
Confidence that the expected recogni-
ton ,of Mexico would result in heavier
volume OF business to and from the
southern republic from Texas and mid
die western cities. was expressed today
by officials of the International and
Great Northern railroad. In prepara-
tion for such increased traffic, the In
ternational and Great Northern is lay
ing siXty-hve-pound steel rails on heavy
ballast from San Antonio to the border
AT Laredo from whence the road is
as~- t;tNrr 1nfn 90 ~
Mexico City train in connection with the
National of Mexico road. Ninety-pound
steel rails are being laid by the Inter
national and Great Northern from San
Antonio north.
Grain Plan Discussed.
The plan advanced by Bernard NJ.
Baruch for the securing of greater
profits to the wheat grower through
ownership by producers of a large grain
selling concern, which would market
surplus wheat abroad, was widely dis
cussed by traders and grain growers to-
day Some of these pointed out as an
objection to the plan that even 35 per
cent of the grain output were SO pooled
by the farmers and the marketing
methods materially improved, the plan
provided no means by which countries
at present financially unable to pay
could absorb this wheat on a basis sat
isfactory to the producer
Street Railway Earnings.
DETROIT. June 20 Especially The
net income of the Detroit street rail-
ways was s73,114 last month after
sinking fund and interest deductions
Gross revenue from transportation
was $1762166. an average daily in
crease of S37I.60 over the preceding
month. Operating expenses were
S1.352,3Os The total car miles op-
Grated was 4.504.337. an increase of
232,169.
Building Permits slump.
PITTSBURGH, June % (SpeciaD.-
Building permits issued recently in
this section are showing a reaction
from the high figures reached earlier
June seventy permits for dwellings
were issued here. compared with a
total of 1913 for May. Records show
lack of commercial and industrial
construction on any large scale. This
is attributed to the high costs of
labor and materials.
Heavy Demand for Boxes.
PORTLAND, June % Especially -
the Pacific northwest is better than II
has ever been, according to leading
manufacturers here. Prices are high,
lumber is scarce and orders are piling
up at the local box factories. This
demand, it is believed. is caused by
the expectation of an extremely heavy
fruit crop this year The demand
is not confined to this section. for
the eastern orders are heavy and eX-
port business is picking up.
Copyright, 1927
oil hhEM DI kM NnT