The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1917-03-31

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2oe per cent aud more on their capt
tai: a stockhofder In the ro-called Sole
Leather Trust stated II was only a
matter of conscience as 10 what they
could get Cor leather. They could get
whatever prices they asked. and were
actlnr accordingly they were selling
heather at a profit of 20 cents per
pound. Although claiming a great
shortaEe 81 hides. his company sold
!. zoe. zoe more SIDES of sole. betting
and harness heather. and Increased
their business $4,000. 900 over 1918.
Their profits. Including the extra
dcprcciaiions, nearly eausiicd the
combined earnings Of the three presi-
Gus years.
"Aithonsh our 1915 Imports OF hides
and skins were n per cent greater
than any previous year. one ~ our
most Important sources Of supply
was cult off, owing TO RuSsia's en-
barge on exporting calf. colt aud goat
skins. cattle and horse hides for the
past two and a half years. When
this accumulation Ca part Of which
~ owned By our iniporters) rs FUZZY
released for shipment our supply will
be largely Increased. England placed
EN- embargo ON shipments of hides
and skins from her colonies. and
when sufficient stock has accumu-
lated to supply her manufacturers
the embargo will be lifted; then
enormous quantities OF skins already
purchased win be shipped to this
country.
England has recently put an en-
barge on Shoes and leather from this
country. This will add to DOR supply
$4,000, 900 OF shoes and leather that
we exported TO England last yeas. Tn
foreign markets where the embargo
has been placed prices of sheep and
CONT skins have fallen off rapidly since
Jan. I. and will continue downward. as
England placed the embargo largely
~ AAAn Pun HoFts vi hANt III
ready accumulated about 100000
hides CnOw being held at extreme pri-
ces) as compared with 100000 during
normal years at this season OF the
year, owing 70 the fact hat the take
off was over 500. 600 more thar 1914.
Samples are now being shown by
shoe manufacturers In medium and
low-priced goods made extensively of
cloth tops fibre or composition soles.
counters and heels; a large percentage
CT these this year win be made
'snd welting and top lifts for heela.
using less thar -one-quarter the
amount of leather used when made
entirely OF leather. and nearly elm
mating the ncg OF bark and union tam
ned leather in all uch shoes. Shoe
manufacturers are already being sup
piled with 200. eco pairs OF composition
soles per day. and manufacturers Of
these soles cannot supply the present
demand. =" '"i "-
III the dealers purchased as freely
of these shoes as Indicated by manu-
facturers' samples. the sinall guam
tity of leather used this year will be
"a revelation 70 the tanners. The
lessened amoun Of leather used in
shoes manufactured In the future and
the retailers refusing to place their
fan orders or ordering lightly Of only
medium and low grades Of fibre con
structed shoes will cause such a light
demand for leather that the tanners
VIII rapidly accumulate (as the pack
ers are now DOING a large surplus.
this with large shipments Of hides
and skins from Russia and England's
colonies. VIII bring the tanners AMI
packers. before many months. q -
position where they viii consider pri-
.ces which will give the a
chance to wear leather shoes