The Archive · 1927

American Cotton Sensation

English Market Affected by Yarn Association's Action London, Nov. 4, -'The Cotton Yarn Association hava withdrawn all restrictions on the production and prices of American spinnings.

The announcement came like a bombshell. The situation in the market is chaotic. Business is sena ously affected. Merchants hay fused to place important contracts owing to definite indications that recurrence of undercutting is im"

The trouble arose from a small minority outside the Association, eapthring all the available trade be+ cause the members of the Associa tion were tied down to minimum prices and short-time working Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account