Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1918-05-17
COTTON YARN MARKET
CONTINUES TO BE QUIET
Volume Of Business Small Good In.
gniry for Tubes. Skeins and
Warps

The local cotton yarn market during
't1t last week is reported TO have been
a,iiet. according to the trade review for
& t{ha week by r. G. Dun & Co.. and the
,<ol,lme Of business small.
a There has been considerable inquiry
<or numbers which are scarce. These
Numbers have been 1876 tubes, So
z9arps 14-2 skeins. 2O,2 warps, these
Z U4inbere being required for quick de-
<iISSry. While prices are still firm and
HHlRh the supposition among the manu-
E&actslrers is that there is no scarcity of
{nfnes Henderson. the Philadelphia
&<&i4r In noils ands waste. has been APP
[plnted by Lewis Penwell head of the
Woe1 division of the war industries board
II ~ head OF a noils and waste section, TO
EIo(o< After these commodities. The prices
{4E oils and waste have been fixed f0r
<hk next six months. and ii will be his
4Aty to see that these prices are maim'
Continuing. thu review goes on to say
Fl 'sJobbers of dress goods and woOlens
<@fate there is continued scarcity Of
E1}erchandise and prices continue to
<4ff1diiy advance. There continues con-
&iderablc trading of the jobbers between
! fh4nselyes. and merchandise is now
4. being sold them on short terms or for
raS1f The dress and shirtwatst manu-
facxurers are fairly active. They, too,
<fepert advances in piece goods and com
plain Of the scarcity of labor. and are
:. .Euabie< 10 operate plants to full capacity
Observation-Disclosures of mems and boys
c<tthmg are well sold up. for the coming
+ 4<4Spn. Prices are high JObberS OF
: 3&o1icfy. underwear and knit goods have
#18 4 good seasons business. and they,
.EI<1o. are Experiencing difficulty in obtain
'1u1 their supplies. Manufacturers Of
8birt< state they are we'll sold up and are
1nable 10 I'LL their orders.
tThere Is considerable activity in the
i Hefd~are line. representing all branches
6f ofhe business Purchases are in large
E4tt4ntities. and dealers report the amount
: ~ cbpslness done during the last season
E<11 rrpbably exceed that for any Corre-
1roRdip2 period in the history of the
4(lainess Prices remain firm and Colec-
= ii0aa good.
~fJftie change Is noted in the iron and
steel situation, and Government require
n1euts are paramount and increasing.
F4Dundance OF orders have been and will
| 1e4s placed. thus keeping mills busy for
E1nf1H months ahead.
fNatarial for private commercial use
t2 1rd 10 obtain and demands upon
U1uu<acfurers are most urgent. Some
tt41ae In production is reported but
&fma1d continues heavy. Shpyards
HkInx the largest percentage of out
1f1f manufactures of locomotives
IIeo fully employed Considerable
|{I&< r. going TO Europe. The coke
k(@u shows little change. but Is re-
&4 9or1ewhat improved over that of
#1|& or two ago.
IIIe Electrical trade reports a good
Ii1Hz{(& ef business in connection with
XH1<1x operation work and considerable
~ l<|lt ~ household specialties. Manu-
- 4(u{ ITS are busy mainly on Govern
141<t Wcfk. and jobbers and retailers
~ *<II tinployed.
- '73k stove trade is quiet as regards
|3/||& xucda but considerable business
21|<2 III cennectiDn with supplemental
f]<E 4iparatus. Fcundries are oper-
1It8 ~ about 10 per cent capacity. Job
@.<H 43tI fetailers are well employed
/|H@< Al ~ Itp0rted firm, and collections
I1# &o(l1t Improvement
/f< It4fher market continues active
81 Hfice4 hrm. Glazed kid dealers re-
|<orI X fair Remand for all grades. Prices
@@ III IHuc steady and raw materials and
i10IItt command high prices. Shoe
.I1[5 report moderate sales. but collec-
~ ne f2iT Prices are holding firm
<i<11rY dealers are doing modsr.
&<<Ift bnsiness. with greater de
If WINNING than for several sea.