The New Association's Position in Lancashire London, Jan, 4
A resolution emphasizing the need lof supporting the new Cotton Asrociation, which aims at fixing minimum selling prices for America yarns with power to impose penalties on defaulters passed Manchester to-lay after an address fby the cconon 3M, Mr. J. L, Tattersall, who tioned' as first chai of Association, said that on prices the Lancashire cotton. trade was losing about £1,250,000 a week, Another 60 mills, he said, were required for the firm establishment of the Association. Applications for membership from companies representing nearly 15 million spind-es had been received.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.