Evening capital news. (Boise, Idaho) 1901-1927, 1916-01-30
EAST IS ENJOYING
REAL PROSPERITY
w. E. Graham Declares Con
ditions Are Abnormal and
Prices Are Climbing.

Business conditions are abnormal in
the east, according to w. T.. Graham,
manager of the Golden Rule store, who
has Just returned from a six weeks
buying trip. "Old manufacturing firms
declare that business is heavier this
season than at any time during their
I remembrance" said Mr. Graham. "Only
people in touch with merchandising
can realize the demands for goods.
New York is an overcrowded city and
has been for several months. Those
in our party which have procured
rooms at the same hotel there for
years, were unable to get rooms there
this time, although they We're wired
for day in advance of our arrival
and it was necessary for us to take
quarters in an apartment house for d
week.
ITO give an idea of how crowded
New York really is, the condition which
we met was not one which just oc
Cured at the hotel where we get
rooms, but was general all over. The
clerk told us he had called up So ho
tells one night to try and get accom-
modations for guests. but was unable
to do so. At another hotel the gov
|
iting in the city, was obliged to sleep
in the dining room one night"
Such conditions, states Mr.. Graham,
have never existed in New York before,
except on special occasions
Goods Advance in Price.
Mr.. Graham states that anything
one goes to buy in the merchandising
line is on the advance. Cotton goods,
wooden goods and silks have all ad-
vanced, he stated. To cite an illus
tration, he stated, overcoating which
normally sold for 80 cents to 81 per
yard had advanced to $1.25 and $3.50
per yard Wool is high and the ad-
vance is partly due to the embargo
placed on Australian wool, The amount
of cloths shipped from America to the
Ialies' armies, was estimated by man
ufacturers to be 100000 yards.
quite an advance" states Mr.
Graham lis quoted on medium priced
clothing, which is made of shoddy
old clothing ground up and made into
new Last year for such product,
cents a pound was paid, While this
year, he states, the cheaper lines are
hard to get and it is almost impossible
to get colors in any line,
THE manufacturers In the east are
not and have not been looking fol
business for months, as it is com
ing to them faster than they can han
die it. Mill after mill has sold its en-
tire product one mill sold its entire
output of underwear for one month tt
the allies with an agreement to place
it free on board ship at New York
| tho traffic anC
; the business of the railroads SO heavy
they were obliged to charter expires:
cars, load the goods themselves anC
then unload them and have the goods
hauled to the boat Not only the rep
resentatives for the allies are buyinI
goods in this country, he stated, bu
a number of big London firms haV'
representatives in New York buying
goods for their regular trade.
Fabulous Price for Dyes.
people Will hardly believe the fab
ulous prices being paid for good dyes,
continued Mr. Graham, and he cite'
a big shirt manufacturing company
, which at the outbreak of the war ha'
on hand 900 worth of dyes and
short time ago was offered s1,250,0O
for the supply, which the firm re
fused to SELL THE dye situation Is S
! acute and uncertain that some manu-
, facturers will only take orders 70
goods at their market value when de
Iivered and most of the orders are be
ling placed that way which make
business conditions rather uncertain
as merchants cannot figure upon
price"
, Mr.. Graham stated the Golden Rul
had contracted most of its merchan
disc some months ago and this tim
contracted again for further delivery
Y owing to the unsettled conditions o
d the market and the heavy DENIM
o made from the outside on all lines Q
a manufactured goods.