When "times were good" and cotton prices were .95 cents per pound , it ruffly figured that 8 to 10 oz of cotton was needed to produce a single yard of cotton . So ruffly .45 to 50 cents is the cost of cotton reflected into the price. Again when "when times were good" a wholesaler purchased at ruffly $3.00 to $3.50 per yard. This meant that at the wholesale level ruffly 15 percent of the cost was relected in the raw cotton price. At the retail level ( assuming the traditional retail mark-up of 100 percent) the cost to us consumers was $6.00 - $7.00 per yard and the cost of the raw cotton is then only about 8 percent of the final cost to us consumers.
So concidering at the wholesale level only 15 percent is raw cotton pricing ... there is another 85 percents of costs that influence our final retail price. These costs were discussed in a previous post . With ruffly 80 - 85 percent of costs associated( at the wholesale level) with what we pay at the LQS being 90 percent non-cotton related .... there needs to be other influences before any of us will see what we can now call "the good old days".