13 APRIL 1907, Page 15

COTTON TRADE PROFITS.

[TO THE EDITOR OF THE .HPROTATOR.1 §111,—Cotton-spinning profits in Lancashire are larger than ever, which is saying a good deal in view of the extraordinary spell of remunerative trade of the last three years or so. The stocktakings of twenty average mills at the end of March for the past three and six months show a gain equal nearly to thirty per cent, per annum on all capital employed. And this section of our staple industry- is strong to-day with the promise of the current year being another record twelve months of unexampled prosperity.—I am, Sir, &c.,