New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-06-23
THE PRICE OF SHOES TOGO UP
DEALERS SAY THIS IS INEVITABLE.
HOW THE MARKETS or THE WORLD HAVE
BEEN DENIDED OF HIDES.

EEEN IENIDED OF HIDES
"a general advance OF retail prices for mons and
womens shoes IL inevitable II the present
~ high prices for leather continue" This was The
prompt answer given TO Tribune reporter ,he other
day b. the manager Of o: the several large retail
stores Of a manufacturer OF shoes some retail
shoe dca.ers" he continued have already advanced
their prices about ten per cent Those dealers are
among the smaller ones. None OF the large retail
ers have advanced their prices yct, but they Will
certainly be compelled to do 50 should the prices
for leather go any higher. and probably even should
they remain at their present quotations. Some
dealers are nov getting 50 20 for shoes that
sod for g only short time ago Others nave made
smaller advances. Retailers have 70 pay considera-
bly, higher prices TO tho manufacturers and whole
salers for their stock ana Of course the advance
must fall upon the consumer in the end" Several
other retailers whom the reporter called made
The manager. of several large shoe manufactur-
that they had been compelled TO advance prices from
ten to tnry Tfns & Fad BEEN sp MIMI
confined 10 the medium ana iower eiales' but ~, ~
grades would be similarly affected should pric's for
leather be further advanced.
leading wholesale dea.er in fine domestic and
imported shoe leather said "All kinds OF leather for
making shoes have been advancing for Il year or
more and within the last three or four months the
kd mas advanced from to thirty per cent. ac-
eording to tho quaiiy Of the stock nnis g que
Increased demand brought about by improvement IN
the times. Formerly "onlrnS AHp's VIZ Hihi' ~
Pebble goat. prunc.ia and variety OF other mat
rails Sow almost the entire demand j. FOR bla 'k
or fancy cOlored glazed KID. and much greater
number of small skins IN necessary. Shcrpshlhs
have undergone the same advance. sol" .etthrr.
cowhi.e and calfskins have advanced about thlrty
uor cent II Is that the market Tor the thIce
kinds OF leather last named Is controlled by The
United States Leather Compa ~. when - commonly
coinprrcd 10 the SUGAR Trust the Chicago Cattle
Combine and other great business monVi'ol,". y
was aocla- that the leather business was no longer
profitable when carried on acpaidtciS ny hil'uua.s
or nrms and so lot OF big I'a'nef men fo' 70
%, tannerics which enabled them To control The
nrodc;on OF leather and thereby to regulate prices
10 suit thc,rse.ves. Then they formed the United
States Leather Company. with cdpitai SOCK OF
3l2toypOp expect 10 see aHo'"'' H'''P "''""'' III
A. the main Office OF the United States Leather
Company, No. 70 Ferry-st;, prom.Ii'nt oHcer dc-
cllncd To- tell anything about the number OF tan
nnrtos under IFS contro to give any other details
ahoui its immense business aS they were. ne SAID.
"not connected with the question or prices In
response TO various inquiries ne TePIoi WIN cVi-
tr leather Is the decline in the cattle Industry. A
few years ago every who could cotroi the neces
nv capl,a went into catlerdsing on big ranches.
that many gave Il up altogether HIDES soon became
md onseauently higher in price. Texas hides
that were sold for only from to s1s cents pound
a year ago now bring l-i2 Genus. W set raw mate
Madagascar and other remote places There Is the
same decline In cattc-rasing everywhere AL the
hida markets Of the word nearly bare Of stock
we have been getting raw material from the Euro
I'm markets But they have no more to sell to US
material has advanced over 100 per cent within
a vc.r and manufactured stock from ~ 10 ~ per
cent according It's kind; III me last four months
srhe average advance in the latter Is about per
cent With the European markets Glossy cleaned
~, and a universal scarcity of raw material
pect still further advance In prices.