davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20
OLD STYLE;


New York, March 2O.--Old STYLE
May-SeIlar. Mitchell and Pynchon bid :;
Newman, Hyman, Figgatt and F, Hart.
corn offered.
July-MC Enany and F.. Hartcorn bid :
Sellar and Wilson offered.
Qctober-W, Gumoens bid; Russell
and r. Hartcorn offered.
New le-May-Riordan. Mitchell
and McFadden bid; SChley, w. Gumoens,
F. Hartcorn and Russell offered.
July-Riordan Pynchon, Hyman. Nc
Fadden and Sellar bid Slack, Clifford,
Russell and Newman offered
October-Cieer Mitchell Riordan. Sell
lar and Royce bid Einstein. Rosenberg
Newman and F'iggattF offered
DeCember-W. Gumoens bid Ranger
Newman and Jay offered
January-Ranger bid; Geer offered
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20
Financial Briefs

Thomas Newhall a member of the firm
of Edward b. Smith & Co, returned to
mis- desk this week after an absence of
about fifteen months in the naval service.
The Major Car Corporation. declared
the regular quarterly dividend of ~.
per cent on preferred stock and 81 on
the common, also an extra 81 on the
common. all payable March 81 to stock
of record March 70
The Philadelphia Electric Company
has notified the Land Title and Trust
Company to cease transfer of the stock
allotment warrants on March %, in
order to issue the engraved certificates
in lieu of the stock allotment warrants
now outstanding.
The New York Subtreasury gained
S3,326, 900 from the banks yesterday,
making cash net gain since Friday
OF S2,643,OOO.
In connection with the Jefferson Rall-
road Company first mortgage bonds
dated January |, 1883. and maturing
April !. 1919. the company offers to eX.
tend the bonds so that they shall mature
April |, 1929, subject to redemption al
l05 per cent and accrued interest or
any interest day on thirty days pub
lished notice, at interest at the rate Of
So per cent. DreNel & Co. announce
| that the extension privilege applies only
10 the holders OF SUCH pOIus as shal
deposit same with them here or witt
! ]. p. Morgan & Co. in New York on ol
before April /, 1919 There will be paiC
| in cash 500 for each $1,000 bond Tn,
| investment yield of the extended bond
will be approximately 5A per cent
| The Westinghouse Air Brake Com
pany announces that its dividend Is pay
| able April 80 to stock of record Apri
is. II was stated yesterday that til
nayment was to stock Of record Marc
| 81.
| The governors of the New York Stocl
Exchange expect to hold special meet
| ing tomorrow TO take action with regar,
| 10 suspending trading next Tuesday Il
honor Of the review Of the Twenty-sey
enth Division.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20
AUDITORS NOTICE

ifS<5J7 IN THE COURT OF COMMON PLEAS
No. 8 for the County Of PhiIsdeiDhIa,
M September Term. 1918. No. 3203
In the matter of the assigned estate NJ
's71 Jacob Srhreiber & Son. ''
The Auditor appointed by the Court TO
audit. settle and adjust the account Of Rer
nard Illoway. Assignee of Jacob Schreiber q
Son. q corporation, and to make distrIbu-
tioni of the balance in the hands OF the ac-
countant, will meet the parties Interested
"Wednesday, April 2, 1919. at p. m. at
bis office, 300-201 Morris building, i4"1
Chestnut st. philadelphia Pa, when ami
where all parties interested are required to
make and prove their claims or be de-
barred from coming in upon sa Id fund
SAMUEL W. SALUS.
.G AUDITOR
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20
FOREIGN EXCHANGE

New York. March 20.-At the OPEN
ing of the foreign exchange market to-
day francs were slightly easier. Ruble
notes were offered at 14.15.
Quotations were:
SiXty-day bills 4.73 and ninety-day bills
All ".
Francs checks $50, cables 5.6s.
Lire checks 6371a. cables 6.35
Swiss checks 494, cables 40.
Guider checks 405s. cables 4O2..
Pesetas checks 20.50, cables 2060.
Stockholm checks .27.50. cables 27.70
Christiania checks $3.50. cables $3.50
Copenhagen checks 1850, cables $3.50
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20
Governors of Reserve Banks Confer

Washington, March 20.-Governors of
Federal Reserve Banks and official ad-
visers of the federal reserve board
opened today three-day conference on
important financial and business prob
OF The cessation of the war. Director
General Hines met with the bankers to-
day to explain the railroad administra-
tons plan for financing the roads with
out q large revolving fund.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20
DIVIDENDS DECLARED

CRANKY Consolidated Mining. Smelling
md Power Company, quarterly OF 4 per
cent. payable May to stock of record
April 1s.
regular quarterly of Ia per cent on the
preferred stock. payable April Is to stock
OF record March I'll.
Reading Company. regular quarterly OF
per cent on the common stock, payable
NAV to stock of record April 10.
IN preferred and 81 % on common. payable
Arril IL TO stock OF record March al
Huntington Development and Gas Com
pany. quarterly of ! y per cent on preferred,
nayahle Apri ! TO stockholders OF record
March 2S,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20

Liverpool. March 2O.-Spot cotton was
quiet today with prices easy on the
ding. old contract. at 15.37d Sales
were 5000 bales. There were no receipts.
Futures were quiet in the early dealings
Spot prices were: American, middling
fair. 175Sd good middling. 1916 mid
ding, l5.3Td low mddling, l4.32d good
ordinary. 12.S0d. and ordinary, l2.27d.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20

Lower Freight to Dutch East Indies

New York, March 20.-Reduction of
freight rates to the Dutch East Indies
by the Java-New York Line was an
nounced here today by Funche. Edge
& Co. Inc. Commencing with the sail
ing OF the Dutch steamship Rotti. now
in this port. the rates to Batavia, Sam
arang and Soerabaya will be $2ONa ton
on iron and steel and $25 on general
cargo.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20
NEW CENTS FOR CANADA
Bill Introduced Would Shelve Cart.
Wheel Penny for u, S. Size

Ottawa, March 2O.--(By A. P.)-Sir
Thomas White introduced a bill in the
House of Commons here today to pro-
vide for the issue of new one-cent
piece much smaller than the present
coin of that denomination.
The present, cent piece is about the
size of United States twenty-five. cent
piece and eighty of them weigh a pound
The new coin will be about the size
Of the United States cent. weighing fifty
grains and running 140 to the pound
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20

New York. March 2O.-The Hedley
Gold Mining Company has declared a
quarterly dividend of ten cents a share,
compared with fifteen cents three months
ago; ago; payanise pyns os MarGa Sf,cia,s Si TO stock OF
the meeting, the dividend was reduced
so as to provide for additional develop
ment work.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20
NEW YORK COFFEE MARKET

New York. March 20.-At the start
today the market for coffee futures was
steady and prices on the opening call
were 1 to points higher.
There were heavy transactions in De-
cember a broker closely connected with
interests in New Orleans selling upward
Of 20 900 bags of that month. His of-
ferings were promptly absorbed by an
operator identified with European peo-
pla
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20
FINANCIAL

I WANT TO BECOME associated with a
reljabl@ and w+ll-estRhllshe stock
and Bond House As a Salesman. Though
! i have never sold In this field, | have
Z had selling experience Of Yerv high
j type. While | am attracted by the pos
= sibilities in the work. | am Interested in
y a high-classed position only-One with
a present well as future No objec-
"A tion to leaving the city. Preliminary
negotia tions mus be confidential You
NAV. IL you desire, set definite Ap-
pointment in your first communicating.
n Address
c 1876. LEDGER OFFICE.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20

Chicago. March @0-Favorable wealth
er and heavy increase in shipments
from Argentina for the week, that Coun-
try sending forward 100000 bushels
against 600 bushels in the previous
week and 302 900 bushels last year, led
TO a resumption of selling of corn this
morning under which the market suf-
fered sharp losses Sentiment leaned to
the bear side.
Port conditions in Argentina continued
to improve and boats are being loaded at
Buenos Aires, although a private cable
contained pessimistic remarks and pre-
dicted further trouble from the laborers
there.
and dropped to $1.51. May was quoted
at $143 to $l.42t2 at the outset, against
Sl.43ia at the end yesterday, and
declined TO $1.411a. July started at
$l.34ia to s1.34A, against Sl35 ha
at the end yesterday, and sagged to
$l331s.
Oats turned easier after fairly
steady start. Local interests sold
Shorts purchased on the break. Trade
was not large. A bullish Interpretation
was placed on acreage forecasts. The
arrivals here today were thrty-two cars.
Shipments from Argentina for the
week were estimated at 100000 bushels
against 10000 bushels last year
May opened at 64&c to GlAc, against
64%c at the end yesterday, and declined
] - T,,1, IL iyh a
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20
MONEY.LENDINC RATES

NEW YORK-Moncy on cali mixed
collateral, opened today at 6 per cent
for lending and renewing. On all indus
trial collateral the OPENING rate was
6 Il per cent.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20
BANK CLEARINCS

Bank clearings today compa red with cor
responding day last two years:
Phila. ..s73. s07. .427 SCOTIA. lO1 s3S. .5Os. 5o2
Boston . 90. 7lO.0l2 +S.57S.S70 34.1S4. SAC
.714. 900. 1870 $40. .33S. 221 GIL. .041. 53l
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20

New York. March 2O.-Refned sugars
are unchanged at DC, less per cent for
cash. Raws are unchanged at 7.28c, de-
liVerel
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20

PHILADELPHIA-C II per cent
time 81 @ per cent. Commercial pa.
per, three to six months, 5A " 5A pei
cent; six months. per cent.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20

LONDON-Money is quoted at 3h
per cent. Discount rates, short and
three months bills, 3 1882 per cent.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20
SHARP BREAK COMES
IN THE CORN MARKET
Favorable Weather and Heavy
Shipments From Argentina
Induce Selling
GRAIN BELT WEATHER FORECAST

GRAIN BELT WEATHER FORECAST
Chicago. March 20 Missouri-Mostly
cloudy tonight and Friday. colder tonight
and IN cast and south Frduy. Wtscor-
sin--Fair tonight and Friday; colder to-
night in east and south Friday. Mime
sota-fair tonight and Friday; colder to-
night. except In "Nir".. northwest.
warmer luwa--I'artly ,l", ~ tonight and
Friday; colder tonight nui in extreme
east Friday. North Dakota. NHir tonight
and Friday warmer. South Dakota
Fair tonight and Friday; colder east and
central tonight: warmer Friday and Sat
urday. NobraEka-tlOudy and colder TO-
night Friday, fair and warmer. Kan
sas-'lOudy and probably unsettled to
night ana Friday; colder tonight and in
southeast Friday; warmer Saturday. Mon
tana and Wyomng-FaIr tonight and Fri
day,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20

Ex ,Ex dividend Continental Can, ~ per
SSfth'i s. Great Northern. Ore. :; MlnnesPolis
apoiis' St Paul and Sault Ste Marie pfd.
1In Irn3,;; No Morth American, Co. ~; Republic
Western, Union Telegraph, ia Willys.Over-
,and Nt pfd. l& Oklahoma p and Ref ,,S ::
May Department Stores pfd, Ia Jewel Tea
ptd. ~ Continental Can pfd ~ Worthing-
ton pfd A. IN Worthington pfd B, IL.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20
GINNING FIGURES SEND
COTTON PRICES LOWER
Market Eases After Early
Squirt, Due to Liverpool and
Spot House Buying

'"F'oN BELT WEATHER CONDITIONS
New York. March 2O-Thc following
temperatures We're recorded in the cotton
NiH". -: Atlanta, Wilmington. Augusta
and Macon. 4G Shreveport Oklahoma
!itN f0rt smith. Little Rock NIrkslmrg
montgomery: Charleston and Savannah
o.; Memphis, Thomasvle and jackson
vile, ~; TAMPA, San Antonio and Cnrpus
bhTisti, 20; Pensacola. 81: New Orleans
and Galveston G2. No precpitu ton
New York. March 20.--The ginning
figures were about 10000 bales larger
tHan expected. but Liverpool and spot
mouse buying on the call in the cotton
market temporarily offset it's effects and
old-styie contracts started TWENTY-FIVE
TO thirty-two points higher. while the
neW-StEle We're eight 10 fifteen points
higher.
Later however. Wall street selling
ana commission house pressure devel-
oped' partly on the ginning figures, and
me market eased off and at the end of
the f1rSt twenty minutes was about five
points net lower on the new crop
months.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-20

Thomas Newhall. a member of the firm
of Edward B. Smith & Co.. returned to
mis- desk this week after an absence of
about fifteen months in the naval service
New-York tribune., 1919-05-26
New York Builder Buys
-Four Houses in YOnkers
Dwellings in Buena Vista Av.
Purchased by Charles Hensle
From Savings Bank

The Anderson Realty Company. Of
M cunt Vernon, have sold for the Yon-
kers Savings Bank TO Charles Hensle,
the builder, the four three-story brick
dwellings at 1872 to 1913 Buena Vista
Avenue, Ycnkers. on plot 72x106; also
Tor Frank Bannerman, jr, to A r.
Hltchins. his residence at 375 East
Fifth Street, Mount Vernon; for Rus
sell J. Glacwin to William Gates, ir., a
plot 5Ox10a, on the Esplanade, Oak
wood Heights, Mount Vernon; for
James P. McKenna to Louis Taub. his
residence, at 223 Claremont Avenue,
Mount Vernon, on plot 50x115.
For George and Emile Fuchs the
same company has sold to Irene D. L.
Sauter the residence at 115 Wallace
Avenue, Mount Vernon, on plot 50x1O0;
for Charles A. Tier to Charles A.
Burns, plot 35x118.6 on Summit Ave
nue., Mount Vernon, adjoining resi-
dence of the latter; for Edwin II. Peck
and others to trustees of First Meth
odist Church of Mount Vernon, plot.
at Eighth Avenue and Second Street.
Mount Vernon, 10ox1O5, on which
the church will erect parish
house; for Margaret B. Phillips to
Sutherland G. Taylor, jr.. the resi-
dence at 405 Nuber Avenue, Mount
Vernon, on plot 65x85, irregular, and
for William A. Stoney to Edwin K.
Gordon, his residence at 232 Summit
Avenue, Mount Vernon, on plot 5Ox15S,
irregular.
New-York tribune., 1919-05-26
Mere Home Buying
I'm Brooklyn Sections
Investor Gets Structure in St.
Marks Avenue; Sales in
WapIeton Park

Charles Partridge has sold for Marie
f. Gerz to client for inve. t,nont the
tour-story apartment at $40 ST. Marks
The Realty Trust sold for the Alco
building Company two one family semi
detached brick dwellings on the south
side Of Sixty-sixth Street. betwee n
Twentieth and Twenty-second avenues.
Mapleton Park, No. 1862, to Harry
Jacobson, and No. 2046 to BENJAMIN
Singer.
Bulldey & Horton Co. have sold 1la
Hall Street, dwelling on lot 20x1O0.
Tor a Charles ]. Godbey to client for
occupancy.
b. ]. Sforza has sold for Marcherita
Monaco the four-story tenement on plot
4oNl00 at 1369-1371 Sixty-third Street.
Sale of Eastchester Homes
Burke Stone, Inc, has sold two lots
on the development Of the Eastchestor
Realty Company for Mrs. W. Y. Law
renee to Mary Z. May, and two addi-
tonal lots for Mrs. Agnes B. yelling
ton to Mary +. May for Mrs. Elizabeth
B. Custer, residence at Underhill
Park: to Clifford B. Stansburv and
tor J. Baiusez his new stucco resi-
dence on Mcintyre Street Armour Villa
Park, to George Bickelhaupt, of the
Delaware, Lackawanna 6 Western Rail
road
New-York tribune., 1919-05-26
Buyers for Mount Vernon
And BronxviIle Home

A number of interesting sales in
Westchester is reported by F. c.
Stevens. He has sold to Samuel
Gibson, Inc, for various owners, twelve
lots on Beechwod Avenue, Mount Yer
non, which are being improved
Mr.. Stevens has sold for the Mount
Vernon Trust Company to P. G. Corell.
of New York, house on a 50-foot
front on Chester Street; also for the
trust company to Walter H. Acker a
house with 58-foot front. on North
Fulton Avenue Mr. Acker is changing
the house for two families. For Isaac
Aaronson Mr.. Stevens has sold to
Henry Dyck d house on Dunham Ave-
nue.; for Samuel Gibson to J. F. Siegel
house on Sheridan Avenue, Chester
Hill Park; for Harry F. Weber, jr. to
D. S. McAfee, of New York, house
and garage on Nuber Avenue; for
the same seller to Mary E. Hastings,
of New York, q stucco house, on plot
100X150, on Oriole Avenue, Bronxville.
and to Thomas A. Nosworthy, jr.,
house on plot 10Ox150, on Oriole Ave
nue., Bronxville
For William Milton Mr. Stevens has
sold to William Logan, of New York,
a two o-family house on North Seventh
Avenue, and another house owned by
Mr.. Gibson to Charles Johnson, on plot
75x100, at Chester Hill Park
A number Of interesting rentals is
also announced by Mr.. Stevens.
New-York tribune., 1919-05-26
Assignments Of Mortgages
Manhattan

- n,gE.I'; DrBQN Az 10 2le' mtg }l45.oo0; Abr ]
Keilner to ~ y Aotdg Co Beel1,,,e n
St atty, Harold Il Straus Beel1n}an
BRoADWAY sis-a2o mtg sis. 900 SECURES eIeS
Ease covenants, Ritz Realty Corpn to
H-V bway Corpn, III Bway, attys Law
ST NICHOLAS AV. " cor 1a4th st; mt
go, 600 he Realty Syndicate to Francis
~ JooNttie. of Doug.asrou, r of Q, atty.
~ Doeltstle. 233 Bway. ...-.....'... =
los II ST. io-41 "; mtg $4,000. Ia prt A;
Alberta Underwear Go to Mary Judis.
,fo hiNgrside DR.; attys, hisman L. c <
FIFTH AV zoe. mtg s65is25. JACOB II
ecIilh 10 herman Woos, 90 w nth st :,
aifys Stroock & Stroock, l4l Bway..S
65TH ST s. Ei mtg 500. 900. Martha T
7ancs md ano, exrr, 20 N T Sands. at
alfalfa, y atty. William NJ Powell
NAGLH AT. isi--i83: mtg s56.ooo. Na
Ave Constr Co to Max just, 2sii Balm
DridEe av' Bronx. trus l1y C Raynor;
IEXiNGToN Av 265o: rije G;us = 11,,zg ',V1g
Do TO American Trust co, 135 Broad
7oTH ST, 20 " mtg $4,000: Sanford iSigg2 SIo1f
20 10 blanche q An4es. 220 " s7th st
ai'y7' Guggenheiner, S & NJ, % William
7TI ST. 2l0 e; John p Kroor to " M NJ
bnchniller, $50 Beach av, Bronx, atty
hobt II Bergman, 2S04 Sd av.... s3, 900
Bronx
MARION ~; 286s; Oscar scherer to N
Atle q Mtg 60, l3o Broad W7V. atty,
Title & Mtg Co. 1875 Broadway.
WASHINGTON Av. 1454: VIM G Berbert BSbiggt
to Ju'ia NJ Schauifer widow Park
Mtg Co 135 Broadway 3S50
CHISHOLM ST, 1898, Harriet S Brown
luE to Eugenia S Butter. 606S Broad
"av atty, otto Schullinger. 176 Broad
TAYLOR Az, W $, 226.4 Westchester av;
lane a pemerest extrx to Jane 4
Deinerest, sos W 72d, attys, Reeves & T,
GRAND BLVD & coNCoURsE. $, 2aa.2
u l!N IL -oNb5.liX irreg. Trust Co
10 Ttllie Wacht 100 Riverside dr.; atty
SainI Wacht. 80 Nassau st. .......SI0O
HRN ST, W s, 5S5 l62x1l0x79. 7x64.9x
irrog y Trust Co TO Tille Wacht 7GO
Riverside DR.; atty, Saml Wacht, SO
TRITON Av. s. asa :iis;a.'lsiii%ddgo isaxls siiiyd9'
Bronx Security & Brokerage Co to Her
man Frank. w 120 st, atty. Gurshury
q H.. ll6 Nassau st .....-.........$1
MARMIoN Az. 1895; Frank f Edebohls
Title Guar & Co. 176 Bway ~ 81. 500
BROADWAY. s, lots 64x65, map
Farm Mary c P Macomb, x35sx200x
$40 Manhattan Life Ins Co to Chas S
atty, Falknan & II. As Cedar av. S2S 900
GARRISON AN, 11l2-lS; Emil Polach to
Minnie Wollner Hotel Monterey, I3way
g saith st, atty, Herman * Z. 170 Bway
KELLY ST $50; Presbyterian Hospital 9ii'to to
Bond IL Mtge Guar Co. 175 Remsen St
Bkiyn' atty, Title Guar d T Co, 176
cRGT6NA Av 2s1o; Nellie 4 Bosar(D .qUs Ds
to Saml Schau. 6O4 w l91st st. atty,
-, Burger b, 223 Bway 5000
ctlM10N d6y69 70 Az ~ nsi iSzs RaTs!ay Q1 Holding
ano, atty, il Zieser. PIT Bway ST
CLINTON Az. 1926 Arrow Holdg corpn
TO same atty same ................s1
New-York tribune., 1919-05-26
Many More Dwellings
Pass Into New Hands
Lawyer Disposes of 55th St.
House Near Lexington Av.
Corners Other Houses Sold

Douglas L. Gilman & Co. have sold
Tor Frederick J. Middlebrook, attorney,
1873 East Fifty-ffth Street, five story
American basement dwelling, on lot
73x20.5, forming the northwest corner
of Lexington Avenue, 30 Fuller Potter,
Of Potter, Choate & Prentice. who
has occupied the house for several
years.
Physician Buyer Of House
Dr. Henry Coggeshall is the pur-
chaser of the four story and basement
house at 40 East Fifty-eighth Street, on
a lot 20x5o, which was recently re-
ported as having been sold through the
Duross Company agency.
Columbia Leasehold Deal Reported
The four story and basement dwell
ing at SO West Forty-ninth Street, on a
lot 17.5X1005, Columbia College lease
hold, is reported to have been sold.
Trust Company Sells
Snowber & Smith have sold for the
United States Trust Company 326 West
Forty-eighth Street, four story dwell
ing on lot 25x10O, TO realty company.
New-York tribune., 1919-05-26

who are feeling out their way to help
to meet the increasing building short.
age everywhere.
Expect Prices to Increase
1t will not be long before the present
opportunity to purchase building ma
terlals at present levels will have
passed. Officially delivered price lists
on lumber show sharp advances ef
fective to-day. Second hand brick is
now $50 truckload of 5000 brick de-
llvered at points in Manhattan below
10th Street, and $40 in Queens With
only fifteen barges of brick distributed d
about the city at this time of the wear.
when there should be eighty, and with
sales already equaling arrivals in this
market from Hudson River points, the
S15 wholesale level is straining point.
Llnseed oil is advancing, too, affecting
paints.
It is fact, now freely admitted, that
supplemental material interests are ex-
pecting gigantic markets to appear.
The metal trades are confident of ca
paclty business within the year. Those
who watch the trend of the building
trades already sense z quickening re-
hective pulse in basic lines, but the re-
action of full metal market is not an
parent in basic lines until the product
reaches the consumer in the form Of
fabricated steel, of pipe. wire goods.
metal lath and power equipment to re
lnforcing bars. In the latter, the
closest indication Of what is immedi-
ately IN store for the basic building
material manufacturers is seen.
Situation Now One of Firmness
The situation has suddenly changed
to one of great firmness. The price so
TAR is being maintained at $225 by the
larger mills, although smaller mills
are making concessions, but not in any
case more than 50, and this only for
very desirable business There is no
general disposition to cut prices. the
mills believing they can secure the full
price as easily as anything lower and
their anxiety to secure business at
lower figures would only scare off
buyers.
This is exactly the sentiment in
every line in the building material
basic and supplemental markets to-day.
The material movement speeds the
buyer, and the boom is on It's way.