THE COTTON TRADE BUSY.

Wairarapa Age, Volume XXXII, Issue 10182, 7 March 1911, Page 4

THE COTTON TRADE BUSY.

The long period of depression in the Lancashire cotton trade has come to an end. Business is now brisk; Dowi spinners and manufacturers are busy, and seem likely before long to wipe, off the losses thpy incurred during the last two years and to accumulate profits.. The great consuming • markets abroad, like the Ihome market,: have been withholding orders as long as they could in the hope that there would be a dlecline in the price of the raw material and a consequent decline in 'the price of the manufactured goods. Their" prolonged action has depleted stocks to the lowest possible limit. Now it has become necessary to distribute orders freely, and as the information available about the size of last season's crop in all parts of the world does not indicate that it is on a very large scale, it is felt that there will be no advantage in giving orders on a iiarge scale, as mere is no prospect of prices declining to any considerable extent. Tho consequence is that orders have been received which will keep the mills going at full, speed for a considerable time at rates which are fairly remunerative.