New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-31
THE WAR IN GINGHAMs.
PLOTTING THE CHICAGO JoBBERs.
NETWORK HOUSES HOLD THE RATES DOWN
Still. LOWER CUTS MAY BE MADE.

NETWORK HOUSES HOLD THE RATES DOWN
STILL LOWER CUTS MAY BE MADE.
There was little development yesterday in the
rate war on efnghams between New-York ard Cnicaso
tobSors The New-York dealers have the pulk Oh
tho trade in their possession, aud 50 nave n'@e ~
gain by aggressive action Nevertheless, IL Maishaii'
Field Co @of Chicago who began the war, decide
N Yorss tbe matter It is more than possible that
Nev-York iobbers will abandon the defensive ana
take the lead in cutting prices Butler, Ciapp,
wentz a Co. offered gnghams all day yesterday az
10 cents with per cent discount, the price az
which IL b. ClaAin & Co. and Teift, Weller q Co.
were selling, and which is . per cent lower than
the Chicago price. Mr. Butler said that II there
was To be any further cutting OF prices HIS firm would
he as likely to take the lead IN 1t as to follow
IL was known yesterday that H. b. Claim CO.'S
stock of Amoskeag gfnghams was largely reduced ii
not quito exhausted but Mr.. Anderson. MEMBER
Of the firm, was unwilling to say whether they
would continue Offering them after their present
stock had been sold He said, however, that tho
arm would not stop selling so long any remained
on hand sweetser. Pembroke & Co. took no action
yesterday and awaited further developments. Tent,
Weller d Co. continued selling ut IL CENTS with
2 per cent discount, as on the day before Jonh
Beach, a member Of the firm, said that the cut so
Ear had not weakened the market for other goods,
but, on the contrary. had slightly strengthened IT,
Even in the case OF gnghams he thought the manu-
fscturers would be as likely to advance the price as
TO reduce It. and this would nave tehoencJ W PiO-
gent further cutting by 1obbers.
VIEWS OF THE CHICAGO MERCHANTS.
Chicago, Jan. 30.-Speaking Of the charge In
New-York dispatch that Marshall Field Co., Of this
city, had made a cut in dry-goods prices Mr.. Fair,
q representative of the firm, said to-day New
York houses have sent representatives into the
West with instructions trade and cut under
our prices We consider this sort OF invasion OF
our territory, and we have met all cuts. year Dy
year the New-York people see their grip on the
western trade slowly loosenng, and about this time
every year they make sort of squirt TO recover some
of their lost ground But the Western trade belongs
10 Chicago, and to Chicago II shall come, because
Chicago houses can sell cheap, and In almost
every line, I might say, cheaper than New-forK
houses and there is no excuse for a Western mer-
chant going to New-York for his goods We are
willing to concede the Southern trade to the New
York people, but they positively cannot invade this
section and the west.S
Concerning the further statement that the 1oobers
of tho United States had begun war In prices In
Amoskeag ginghams, Mr.. Fair said that the New
York men were responsible, having invaded tne
Western territory Offering the goods at low rate
az think the In Amoskeag gnghams VIII DO
kept up for some time 10 Gomez said Mr. FAIR. since
the cut was made the demand has been heavy, but
the supply rs squate and cheap ginghsms VIII,
In my opinion, be the rule for some time The former
price was seven and one-fourth and seven and one
half cents q yard but the war has reduced them
TO six and one-quarter cents' o.
Mr.. Walker, OF j. III. Walker q Co, takes different
view from that held by Mr. Fair He said: = would
not be surprised to see gnghams 60 70 seven ana
because the supply Is limited wni'e the demand Is
elmost unprecedented"