The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1915-10-29

Total IS 57,llO,o46 $ AZ, SAL, 1924
Grand total for
II months 7l2,lO8,922 748Os8, 1872
Banks and trust companies will
pay out about 2,240OOO, which com
pares with $4,000 in November a
year ago.
An additional shipment of gold
from London reached New York on
Wednesday. The yellow metal,
amounting to $25,000OOO in sovreigns
was consigned to the Morgan Com
pany, and was not accompanied by
securities. This brings the total
shipment of gold via Halifax up to
about 100000, with an additional
So, 100000 to follow shortly. Since
May % J. P. Morgan & Co., have re-
ceived from Ottowa and London ap-
proximately $l40,0O0,000 in gold.
This together with the sue ,csstul
hoatation of the Allies $5OO,OOO.OOO
external credit loan," should in time
restore normal exchange conditions
between New York and London and
Paris.
Dry Goods Trade Satisfactory.
A special canvass of the wholesale
dry goods houses throughout the
country made last week by the Dry
Goods Economist of this city, shows
the prevalence of optimism among
these concerns, all of which have es-
pecially good opportunities for gaug-
ing the trend of affairs throughout
extensive territories. In practically
every section both present conditions
and the outlook are reported as favor
able. In the New York market acti-
witty is the rule. In fact, with the ex-
pansion in consumption which ap-
pears to be imminent, and which
will lead distributors to loosen UP,
the probability of too sudden and
too unanimous buying movement in
certain lines is the only ground for
disquietude.
In cotton goods, in particular, it is
becoming recognized that stocks in
all hands are low and that many mills
have not covered their raw material
requirements. Added Ito this is the
scarcity of dyestuffs, for which no
remedy is in sight A prominent cot
ton goods commission house reports
a larger percentage of increase in its
business than at any time since the
busy year of 1906. Another big con-
Germ representing a number of the
Southern mills, reports food of tele-
grams from wholesalers urging ship
ment ahead of time set for delivery.
The upward tendency of cotton goods |
continues. Right along prices are be-
ing pegged up or discounts shortened
or goods placed at value.
With the wool market firm and pro-
missing to remain so, and with mills |
down their looms on account
OF inability of dye plants to take care
OF all the fabrics produced, higher
prices on wool and worsted dress
goods are indicated. Jobbers are
placing orders freely.
Prices for raw silk continue firm
and high. Manufacturers who have |
been on the bear side of the raw ma
terial market now have faith in the
permanance of the recent advances. |
Large manufacturers who sold I'D ,
their production for spring now regret
their action. Other important con
Germs are refusing orders when such
orders call for deliveries extending
web into next year.
In the knit goods field additional
advances have been made and higher
prices have been placed on goods that
had not previously been moved up.
Most lines have been temporarily
from sale to enable the
Mills to catch up with deliveries. No
eworthy too, is the steep advance in
artificial silk.
w. COUSINS, Editor,
The American Banker, N. Y.