The Archive · 1924

A Gloomy Outlook: Factories Overstocked With High- Priced Goods

U. 8. COTTON TRADE

A. gloomy account of the cotton trade in the United States was on by Mr. Bartlett, President of the New York Cotton HEx-change, on his arrival at Liverpool from New York this morning.

My. Bartlett said that year, whilst tha cotton. boom its height, American mulls took the bulk' of American rat cotton. The boom had now gone and American manufacturers ere overstocked with high-priced goods, while cotton goods from Britain were cheaper than Amer-can goods owing ta the cheaper Inbour in Lancashire. Te remain.

be seen. whether the new cotton crop, which was expected to be large," would ease the situa.

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

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