The watchman and southron. (Sumter, S.C.) 1881-1930, November 15, 1905, Image 9
?QTTOX TRAPS ^CREASING.
~T ilT 1 Manufacture** Have Steadily
^?crffinrrt Their Productioe and as
-Staat as One Outlet Was Closed to
Theta They Opened or En?
larged Others.
During the past two or ihre
.HUffltnff our alert consuls in Great
-3ritain have been sending home ac
.csvnts ot various pessimistic reports,
. speeches and editorials, the general
-trend of which-has been that Great
Britain is in a fair wyy to lose her
-aaighty trade in cotton goods. Not
-unnaturally, these reports have gain?
-cd considerable authority from ha> -
' -4cg been published with a sort of qua?
si government sanction through the
'bulletins of the department of com
coerce and labor, and an impressiou ;
-seems to have gained ground in many I
?isarters that the British cotton man* I
.afaeturing industries are really in a
ted way. So far is this from being
the case that the past season is justly
'regarded by all who are at all famil?
iar with real conditions as one of the
^nost satisfactory in the recent his
-*ary of the British cotton industry.
The misleading reports arose from
-tte efforts of Mr. Chamberlain and his
followers to convince the British elec?
torate that foreign .tariffs are gradual- j
ly destroying the outlet for English j
cottons. In the report of the tariff
commission instituted by Mr. Cham
"berlam which was published July 10
and which was naturally widely dis?
cussed by the British newspapers, it
-was asserted that the British cotton
industry 'is suffering in every direc?
tion? from foreign tariffs, and from
tte competition which they stimulate,
and that profits are steadily diminish?
ing in it, while employment is becom- I
lng more uncertain."
According to the London Times
this report showed that Mr. Chamber
Jain was right in his warning "cotton
is going." As a matter of fact the re?
port, while it undoubtedly presented
many facts regarding the development
of cotton manufacturture abroad, and
af foreign competition in this line ia
neutral markets that may have seem?
ed disconcering to those who liad not
TH>ted them before, failed entirely to
Indicate that British manufactures
are losing business except in a limited
number of markets, or that their po?
sition was in any vital respect un?
sound.
Fifty years ago Great Britain en?
joyed an almost complete -monopoly
of the manufacture of cotton goods
tor all the world. It was not to be ex?
pected that other nations would rest
content to permit such a state of
things longer than was necessary, and
Jhe more progressive have, one after
another, found means of establishing
their own cotton manufactories and
have come to supply, first their own
local markets, and then to a limited
extent the markets adjacent to them
or in which their products for any
reason have proved specially popular.
One of Mr. Chamberlain's support?
ers complains that "Fifteen years ago
?reat Britain consumed 2,000,000
Irandred weight more cotton annually
than did the continent, whereas ' it
consumes 8,000,000 hundredweight
less. Fifteen years ago it consumed
$.600,000 hundredweight more than
did the United States; today it con
somes 3,000,000 hundredweight less."
This is true, but it states a chango
that was in a sense inevitable and that
in no way implies any discredit to the
energy and ability of the British man
-afacturers. On the contrary, with
asnazing skill and entire success, they
teve steadily increased their produc?
tion, and as fast as one outlet was
closed to them they have opened or
enlarged others, with the result that
in practically every one of the so-call- |
ed "neutral" markets British cottons j
?are virtually supreme, being uniform- !
Ty so far in the lead as to render tho,
position of competing nations a mat?
ter for humiliation rather than boast- ?
lng.
Exports of British cotton yarns and i
twists for the calendar year 190!
amounting to 16.S94.500 pounds,
Valued at $43,525,674. Compare this
with our own exports of yarns for the
same period, which were valued at
$233,671, and a better idea can be ob'
tained as to just how decadent the
British industry is. In quantity the
British yarn exports for 1904 fell be?
low those for 1902, but in value they
considerably exceeded the totals for
the former year owing to advanced
prices.
The number of spindles running in
Great Britain last year was 4$.400,
000, against 47,500,000 the preceding
year, while 3,500,000 additional are
projected or in course of construction.
In point of fact the great danger to
British prosperity in the cotton trades
is not so much foreign competition,
however much bolstered and support?
ed it may be by hostile traiffs, as un?
scrupulous speculation in the raw ma?
terials by reckless but pecuniarily
powerful gamblers, and short supplies
The fact that her foreign markets are
so vast and so widely distributed, and
her hold in each so firmly entrenched,
renders Great Britain's position as rt -
gards competition exceptionally
strong, if not. for the present ai least
wholly impregnable. The United
^^^^^ ^i^^jj^^^^ ^^^^^i^^^^ ^^^^^^ ^^^^^^^^ ^^j^i^j^i ^^^^ M^^^^ ^i^^^?^^i ?^^^^?^^ ^88?^^^^ ^^^Si^^^^^^ ?^^^^S^^^ ^^j^^^^^^
- - - UNTIL - - -
Thursday, Nov. I6th &t 9 m.
$65,000 Worth of Dry Goods, Notions, millinery Goods, Ladies and
Gents Shoes, Clothing, Furnishing Goods, Hats, Ladies Suits,
- Cloaks, Skirts, Household Goods, Carpets, Rugs, Matting,
Furniture, Cut Glass, Bric=a= Brae, Toys, Toilet Arti=
des, Etc., To Be Sold
Less Than Cost of Raw Material.
SUMTER DEPARTMENT 5T0RE,
Successors to the Minor Stores.
14 and 16 Hain Street. = = -/ = = Sumter, S. C.
--- Now in the Hands of the World's Greatest Bargain Givers
And will be sold in 10 days by the New York Salvage Co. The Entire Stock is now being remarked and rear?
ranged* The building is now closed and will remain closed until
THURSDAY, NOVEMBER 16, 1905.
When the ENTIRE STOCK will be placed on sale for positively 10 DAYS ONLY. Who we are: The New
York Salvage Co., are buyers of Bankrupt, assignee and all Salvage stocks of any kind; acts as administrators
and Trustees of estates; also conductors of Sales It is the largest institution of its kind in the world, operating
Fifty-two separate stores and large warehouses in all principal cities of the United States.
DRESS LININGS.
Red finish Cambric, all colors, go in this sale at, yard.3 7-8c
Percaline, all shades, Salvage Sale at, yard.8c
We have a complete stock of linings which will be sold in this sale at less
than cost of manufacture.
RIBBONS.
l-2c. Ribbons go in this sale at, 3 yards.lc
5c. Ribbons go in this sale at, yard. .&?
6 l-2c Ribbons go in this sale at, yard.*c
Sc. Ribbons go in this sale at, yard.5c
10c. Ribbons .go in this sale at, yard.*.6c
25c Ribbons go in this sale at. yard.9c
HANDKERCHIEFS.
5c Handkerchiefs go in this sale at..ac
10c. Handkerchiefs go in this sale at.6c
12 l-2c. Handkerchiefs go in this sale at.8c
15c Handkerchiefs go in this sale at.9c
Every
Thing
of
Interes t
to You
TABLE LINEN.
35c. Table Linen will in this sale at.21c, per yard
40c. Table Linen will go in this Sale at...-.27c. per yard
50c. Table Linen will go in this sale at..36c per yard
65c. Table Linen will go in this sale at.43c. per yard
TOWELS.
5c. Towels will go in this sale at.31-2c
10c. Towels will go in this sale at.7c
15c. Towels will go in this sale at.10c
BRESS GOODS.
?4-tnch silk finish E?riglish Mohair, original price $1.00, go in this great Sal?
vage Sale at.69c
2 pieces 50-inch Mohair, elegant quality, original price 50c, sold in this
sale at.37c
CORSETS.
The Batiste Girdle Corset will go in this Sale at 18c
The Satin Girdle Corset will go in this Sale at 38c
A Money Saving Opportunity That Appeals Directly to You.
An important business movement commences at the Sumter Department Store. Successors to the Minor Store, 14 ai<d 16 Main Street, Sumter, S. 0.
Thursday, November 16th, at 9 a. m. When we shall by price cutting, close out this gigantic stock, in 10 days, in which time we figure to dispose of
this mountain of merchandise. This will be the greatest bargain Sale of Dry Goods, Notions, Ladie^ Suits, Skirts. Millinery, Clothing, Shoes, Hats,
Ladies and Gents Furnishings, Carpets Rugs, Mattings, Furniture, Household Goods, Cut Glass. Bric-a-Bfae, Toys, Toilet Articles, &c. etc., ever con?
ducted in Sumter county. We will put forth such offerings that no matter what the weather conditions may be YOU ZLYUSt and yOU Will be
here to get your share. Satisfaction guaranteed in every instance or money promptly refunded. Merchants from the city or country wishing to
purchase portions of this stock must c*ll between the hours of 9 and 10 a. m, as ail other hours must be reserved for our immense retail trade.
Sale Positively Opens Thursday, November 16th, and Closes in 10 Days.
LADIES AND CHILDREN'S HOSIERY.
25 cents Ladies' Hosiery go in this Salvage Sale at 18c
35 cents Ladies* Hosiery go in this Salvage Sale at 27c
CALICO.
All Calicos, including best brands, will be sold at.4 i-2c
SATEENS.
300/yards Mercerized Sateens, regular price 20 and 25c, Sale price-12 l-2c
CANTON FLa.rs.NEL.
10c yard Cotton Flannel go in sale at.,.7 l-2c
MUSLIN UNDERWEAR
$5.00 tucked and embroidered Underskirt go in sale at.$2.98
11.75 tucked and embroidered Underskirt go in sale at.$1.09
GLOVES.
Ladies' $1.50 Kid Gloves (guaranteed) in Salvage Sale at.
Ladies' $1.00 Kid Gloves (guaranteed) in Salvage Sale at.
CHECK HOMESPUN.
Riverside Plaids go in this sale at, yard.
Southern Plaids go in this sale at, yard.
INFANTS' HE AD WEAR.
$3.00 Child's Silk trimmed Hat'go in sale at.
$2.50 Child's Silk trimmed Hat go in sale at.
WHITE BED SPREADS.
51.00 Spreads go in this Salvage Sale at.?.
$1.25 Spreads go in this Salvage Sale at.
$1.50 Spreads go in this Salvage Sal? at.,
TO THE PUBXJIC:-This Sale of the Sumter Department Store, formerly known as the Minor Store, will abound with money saving in?
ducements that will truly prove a tonic for over-worked pocket books We caution you to come early as this sale will last for 10 days only.
Everything must go rapidly. This will be the first sale of its kind that ever occurred in this city; and it may never occur again. In order to
prove to you what tremendous sacrifices must be made We have mentioned a few of the extraordinary bargains that will be offered. Bear in
mind there are thousands of different articles we cannot mention here We advise you to save this and bring it with von so there will be no
mistake that you get exactly the goods mentioned in this bill. We have taken, charge of the business and it will be ou aim to close out this
monstrous stock at the earliest possible moment to save time and expense, lt is simply a case of turning merchandise into cash and cost or
loss are no consideration. We guarantee that if you are not perfectly pleased with your purchase your money will be refunded on demand
without a question or goods exchanged.
RESPECTFULLY YOURS,
H. L. GILMORE & CO.,
REPRESENTING NEW YORK SALVAGE CO.
Mark the Date
-AND
Mark it Well.
Thursday,
November, 16th.
AND CLOSES IN IO DAYS
At The Minor Stores Old Stand 14 & 16 Main St. Sumter.
We hereby agree to refund the money on all
goods priced above if not satisfactory to the
purchaser.
H. L. GILMORE & CO., Managers New York Salvage Co.
Let Nothing
Keep You Away.
THE HOUR IS
SET.
The Date You
Know.
?QTTOX TRAPS ^CREASING.
~T ilT 1 Manufacture** Have Steadily
^?crffinrrt Their Productioe and as
-Staat as One Outlet Was Closed to
Theta They Opened or En?
larged Others.
During the past two or ihre
.HUffltnff our alert consuls in Great
-3ritain have been sending home ac
.csvnts ot various pessimistic reports,
. speeches and editorials, the general
-trend of which-has been that Great
Britain is in a fair wyy to lose her
-aaighty trade in cotton goods. Not
-unnaturally, these reports have gain?
-cd considerable authority from ha> -
' -4cg been published with a sort of qua?
si government sanction through the
'bulletins of the department of com
coerce and labor, and an impressiou ;
-seems to have gained ground in many I
?isarters that the British cotton man* I
.afaeturing industries are really in a
ted way. So far is this from being
the case that the past season is justly
'regarded by all who are at all famil?
iar with real conditions as one of the
^nost satisfactory in the recent his
-*ary of the British cotton industry.
The misleading reports arose from
-tte efforts of Mr. Chamberlain and his
followers to convince the British elec?
torate that foreign .tariffs are gradual- j
ly destroying the outlet for English j
cottons. In the report of the tariff
commission instituted by Mr. Cham
"berlam which was published July 10
and which was naturally widely dis?
cussed by the British newspapers, it
-was asserted that the British cotton
industry 'is suffering in every direc?
tion? from foreign tariffs, and from
tte competition which they stimulate,
and that profits are steadily diminish?
ing in it, while employment is becom- I
lng more uncertain."
According to the London Times
this report showed that Mr. Chamber
Jain was right in his warning "cotton
is going." As a matter of fact the re?
port, while it undoubtedly presented
many facts regarding the development
of cotton manufacturture abroad, and
af foreign competition in this line ia
neutral markets that may have seem?
ed disconcering to those who liad not
TH>ted them before, failed entirely to
Indicate that British manufactures
are losing business except in a limited
number of markets, or that their po?
sition was in any vital respect un?
sound.
Fifty years ago Great Britain en?
joyed an almost complete -monopoly
of the manufacture of cotton goods
tor all the world. It was not to be ex?
pected that other nations would rest
content to permit such a state of
things longer than was necessary, and
Jhe more progressive have, one after
another, found means of establishing
their own cotton manufactories and
have come to supply, first their own
local markets, and then to a limited
extent the markets adjacent to them
or in which their products for any
reason have proved specially popular.
One of Mr. Chamberlain's support?
ers complains that "Fifteen years ago
?reat Britain consumed 2,000,000
Irandred weight more cotton annually
than did the continent, whereas ' it
consumes 8,000,000 hundredweight
less. Fifteen years ago it consumed
$.600,000 hundredweight more than
did the United States; today it con
somes 3,000,000 hundredweight less."
This is true, but it states a chango
that was in a sense inevitable and that
in no way implies any discredit to the
energy and ability of the British man
-afacturers. On the contrary, with
asnazing skill and entire success, they
teve steadily increased their produc?
tion, and as fast as one outlet was
closed to them they have opened or
enlarged others, with the result that
in practically every one of the so-call- |
ed "neutral" markets British cottons j
?are virtually supreme, being uniform- !
Ty so far in the lead as to render tho,
position of competing nations a mat?
ter for humiliation rather than boast- ?
lng.
Exports of British cotton yarns and i
twists for the calendar year 190!
amounting to 16.S94.500 pounds,
Valued at $43,525,674. Compare this
with our own exports of yarns for the
same period, which were valued at
$233,671, and a better idea can be ob'
tained as to just how decadent the
British industry is. In quantity the
British yarn exports for 1904 fell be?
low those for 1902, but in value they
considerably exceeded the totals for
the former year owing to advanced
prices.
The number of spindles running in
Great Britain last year was 4$.400,
000, against 47,500,000 the preceding
year, while 3,500,000 additional are
projected or in course of construction.
In point of fact the great danger to
British prosperity in the cotton trades
is not so much foreign competition,
however much bolstered and support?
ed it may be by hostile traiffs, as un?
scrupulous speculation in the raw ma?
terials by reckless but pecuniarily
powerful gamblers, and short supplies
The fact that her foreign markets are
so vast and so widely distributed, and
her hold in each so firmly entrenched,
renders Great Britain's position as rt -
gards competition exceptionally
strong, if not. for the present ai least
wholly impregnable. The United