Word: cottons
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Dates: during 1920-1929
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...abed, sleeping off the effects of a strenuous evening. Little Jeff was up, dressed, eager to explore the city in which they had stopped. Artist Fisher had indicated clearly that it was a city, not a town. He had indicated, moreover, that it was a city noted as a cotton center. That was what Little Jeff was going to investigate-cotton. Artist Fisher had named the city, too. "Greenville, N. C.," he called it-and that was why Mr. Timmons' face had grown stern...
...wrote a letter to The World, explaining that Mutt and Jeff had indubitably visited Greenville, S. C., not Greenville, N. C. Upon looking the matter up, The World found Mr. Timmons to be perfectly right. Greenville, N. C., is a mere town, on Tar River, noted only for tobacco, cotton not at all. Greenville, S. C., is a city with a cathedral, several collegiate institutions, cotton mills no end. Said Mr. Timmons: "I am wondering if you could not call the attention of your readers to the fact that this error has occurred. You may not know it, but Greenville...
...Government's estimate of the cotton crop, based on the condition of 59.3 on Sept. 1, was 12,787,000 bales. When, on Sept. 16, the Government revised its estimate, the condition figure had fallen to 55.4, and accordingly the new crop estimate was placed at 12,596,000 bales. The sudden cut of 191,000 bales in the estimates, when announced, precipitated a small-sized "bear panic" on the Cotton Exchange, wherein a good-sized "short interest" hastened to cover at smartly rising prices...
Meantime the cotton-mill owner, who had become optimistic, saw prospects of being able to sell fabrics spun of 21? cotton, received a severe jolt when the price went up to 24?. The stagnation in the textile trade has been due to a "consumers' strike" against the high prices charged for cotton goods. The refusal of consumers to buy at high prices cannot be changed until the raw cotton itself declines. Retailers refuse to stock up; jobbers are wary; and as a result unemployment is prevalent in the New England mill towns...
Earnings in the cotton market of one member during...