New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-02-07
SILKS BRING GOOD PRICES.
ONE OF THE LARGEST SALES OF ITS
KIND EVER HELD HERE.

A BIG AUCTION BEGUN YEsTERDAY-BLAcK GRos
GRAINS FELL OFF LITTLE BUT BUYERS
WERE EAGER FOR THE OTHER OFFER
1NGs-LARGE FIRMS REPRESENTED
What was probably the greatest auction sale OF
black coored and fancy silks, Doth Oh A"e'
and foreign manufacture, that has ever tahe" pc
IN this country was begun yesterday IN '"e "u. "a
rooms OF Townsend G. Montant. at Nos. o. anu ..
I.nnora-., 7, was a peremptory trade sale OF
s75o n,eces OF silk by order Of Schwarzehoaen'
Huber g. Co.. who are possibly the largest SIN
manufacturers In the world. Besides hve nii'' IA
Paterson which have In operation owe. ~" go,
schwarzenbach Huber CO. have mills I'D ia"..'
Germany and Italy A great deal OF the WORE io
.h g., IN those countries is not done by the large
Mills I'M. ,s carried on at the homes OF the "oin
men, who own their own looms. lh's - v'pe ,
true O. fancy and embroidered designs i"e mo"
ria,s are furnished BY the manufacturers on" 49,
,york &c done at home and then dehVereu ~ Wv
workmen. This makes II dihcut 10 eo'pa .h,s
nuu,hsr q, looms in use there with those III uiS
country. 1880, .Ao roor,a
WIZ, tho sale began at 10 O'clock the rooms
were crowded with buyers representing n'' $50 -
all narts of the country Philadelphia "aS'Iisa o"'
a a. ooston Atlanta New-Orleans. Calves
con omaha San Francisco. Chicago. 81 fau' anu
the other big cities were we'll represented me saw
has long been looked forward to by 'he sim "Hue'
and few of the out-of-town buyers iiis'eu p''""S
up some OF the bargains onereu' ,,, ,os
The sale began with the offering OF Diack e'o'
,,s Manufacturers and jobbers once thought
that a piece Of gros grain was as good as goio anu
of az solid market value but woman hoN'e
fancy has changed all that since last year, anu III"
yros grains once go popular. are almost a ofus vi
the market The fashions have turned 10 Sa'ii'
faced goods taffetas. etc. and OF course corr
snonding decrease and advance is at once eVioeh'
in these particular goods the Didd'hs oh eOs .,
grains was slow. The fall In value was iuii! -
ner cent from that OF last year. far peyonu 'Ne u
crease In value of any other silk goods. Inc aver
- adrc.,ons IN price OF silk goods from last
,eo-.s No,res were from 10 TO Is per cent. bo'h
huvers and sellers alike united IN oecaii"e ''"
this was due almost entirely 10 the io"e 49,
raw siIk the sharp competition, greater economy
IN manufacture and. OF course as III '"e N"'' -
eros grains the change In styles.
Carto,n classes OF goods such as the satin-iaceu
goods. those with gloss. taffetas ana auchesses
and the like kept the closest TO the mi'Ne' 30
~ last year, but even these fell OH III pr .o
.hs reasons already given. The wilson tar'ii mas
- ,,rsa also affected the market and this Is
snoo,orv true In certain lines OF goous "heie
changes in the classihcatons have oeeh hiaoe "
10 the comparison made pet"eeh INC $50
American manufacture and those OF inc ea-,
rr.a. nroduced In Europe 1t was the general
,n,o, tbat thew were fully up to. II not superior
TO- the European standard. with the single eNcep
ton perhaps OF the silks OF elaborate pa''ei an
design which the work OF certain ian'''iv me-,
,oanufacture told The Tribune reporter 'ha'' III
@her on,nion under such fostering measure as
the Mckinley tariff the mills OF America "ouiu'
in few years. compete favorabiy ana perhaps
leave far In the rear the mills OF Europe vi Oh
lines Of silks
when Mr. Montant began 10 offer the black tat
fetas and persan silks the depression which had
followed the low offerings for gros grains wore OIL
and Mr.. Huber. Of the firm OF consignors' ""ose
usually cheerful face had been getting longer
and longer began to look brighter When the
luncheon hour arrived Townsend & Montaht hai
prepared for their patrons liberal supply OF
wet and dry refreshments. When the SAFE Was
resumed and the offerings OF sath Processes,
colored satin merveilleux, colored tanetas ana
ombre silks were begun. the buyers were eagerly
bidding and the auctioneers and conslgnors were
happy. From that time on to the close OF the safe
the bidding much more brisk and the prices a'
which the goods were sold were fully UP 10 ,he
present market value The good prices reah%eo
by the duchesses were surprise TO many James
McCreery & Co. were about the largest buyers OF
the day
The $50 pieces include about 10000 yards OF silks
of all grades and values Mr.. Montant said that the
prices obtained so far were somewhat lower than
those OF last year. But silks were being SOLD,
however. to buyers from all parts OF the country.
This he said would seem indicate increased pros
pert, and greater expenditure by the people.
manufacture, he continued, but black silks. espe-
cially gros-grans are not in as much demand as
d
was correspondlngy greater. Judging from the prices
realized yesterday, 1t is confidently thought that the
vsae Of nearly 10000 We're sold yesterday. The
present method of selling silk does away to cen
missions. The manufacturer, through the auction
& sells Sreoy to s anq ns & obb
The prices realized at the sale will fix the retail
as has said. from 10 10 10 per cent lower
than last year. II was noticeable; that the manu-;
with the result OF the first days sale.
be disposed ed Of To-day will be devoted to the
s hsn the sn ss w
offerings will begin promptly at 10 o'clock this
Among the firms reoTesented were James Nc,
lie Bou,iiisr Brothers. =; Ridley SONS; william
& Co. Durham, Buckley & Co. Hilton. Hughes &
rnSd cons c2 E SON nrd T cS
Tor. Eseman Brothers, the Syndicate Trading Com
eaSs the Of
Company, S. wechsler & Co. and H. Batterman.
B. 0I f De~se:, Of Philadeipsa Joel Guihnsn, 4
Hamilton Easter; oNell & Co. NJ GOdenberg ana
nS Of or e. ,Se
Cohen Company and Fourqueran, Price & Co. OF
sms" B. Fe Kssy Sayu q aai
il. Holmes. q New-orleans; Feiman & Grunbach
Prize, scott & Co. Marshall Field s Co. j; Y.
fs' ~ Ea~s5as s Son q Syracuse: y; n; wI,,nssy
ford d. THOMAS Co. K. H. White & Co. and Jor.
dan Marsh Co. Of Boston Cook Taylo Of
Ma M Neely & CO. Of New: Haven; L: strauss &
Of San hrands a u omsss
sea.isnsy rsys ,s.r c@%es%y. Ct Ba i,
Rogrs e. Buhi Of Pttsburg; Emery, Bird. Thayer