davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-06-19
Says Government Is Behind
On Conservation Methods

Dealers in all classes of scrap ma
terial concluded a two-day convention
at the Hotel Astor yesterday with a
general meeting of the National AS
sociation Of Waste Material Dealers.
Meetings Of divisions associated with
the main body were held on Tuesday
and yesterday, at which various sub
jects of particular interest to their
trades were discussed
At the general meeting F. W. Reiden-
bach, president of the association, told
the members that he had had a con-
ference with a representative of the
Department of Commerce for the pur-
pose of discussing the best methods
for the conservation of waste ma
terials. Mr.. Reidenbach declared that
the government officials are far be-
hind in their conservation plans and
had suggested plans that have been
followed for some time by the material
dealers
New-York tribune., 1919-06-19
France Modifies Import Ban
Extra Customs Duties Will Be
Placed on Luxuries

PARIS, June 18.--The "Oficial Jour
nal" issued to-day publishes two de-
crees affecting importations to France.
The first will remove the ban from
most of the imports, the few exceptions
being luxuries, various articles form
ing the subject matter of inter-Allied
agreements and textile manufacturers,
the principal producing centres of
which are in devastated regions and
consequently require special protec-
ton.
The second decree will place extra
customs duties on imports, these being
calculated on an ad valorem basis. ex-
listing dues failing, by reason of in
creased prices, to accomplish the OBJ
ject of affordng protection to home in
dustries. These duties, however, will
not be imposed upon foodstuffs or ar
ticles indispensable to manufacturers.
New-York tribune., 1919-06-19
Large Imports of Jewels
April Figures Show Increase of
300 % for Cut Diamonds

lmportations of jewelry and precious
stones into the United States have
greatly increased since the armistice.
according to figures made public at the
Custom House yesterday. In April. the
latest month for which figures are
available, $4,71O,o4S worth of diamonds,
cut but not set, were brought into the
Port of New York, an increase of
s3,405,2S7 over the same month in 1918.
or jump of 800 per cent.
The April importations of uncut dia-
monds also increased from $1,304,761
in 1918 to s1,983,302 in 1919. Importa-
tlons of pearls increased from $11O,9S6
to SS62,545; of other uncut jewels,
from $3,433 to $11,157; of other cut
jewels, from s5s,6O9 to $245,820.
During the war yearly importations
of precious stones decreased from
S51, 100000 in 1915, record year, to
$24,272,O00 in 1918. At present the de-
mand for the better class of gems in
the United States is far beyond the
supply.
New-York tribune., 1919-06-19
Wool Scarcity Expected
When u. S. Sales Ends
Boston Looks for Shortage as
Result of Great Demand
for Goods
Business Nc1Us Bureau

Special Correspondence
BOSTON, June 18.-With the great
demand for goods and the mills run
ming full time the Boston wool trade
anticipates a temporary scarcity of
wool when the last series Of govern
ment auctions Of the staple (June 1s
to 20 and 28) is over. The government
intends to sell no more wool until next
November. Sale of the new clip from
the West, however, will be in full
swing in the open market in a month
or less and that probably will help the
situation. Purchasers will have to PAY
higher prices for the seasons clip than
they have been paying at the auctions,
1T Is said, as it has been possible to
secure woods at the government sales
at lower figures than feeces have been
selling at in the country.
Some of the farmers are now asking
as high as 72 and 70 cents a pound for
heeces running, largely on the de-
lame and half-hlood grade, but few
buyers want to pay these figures. Sew
.Ni'S ""S oceH PAID IN ONO. 1t is
stated that 60 cents is the limit in Mon
tana, but farmers are holding their
wool for that price and choice clips
nave been bought at that figure. Sew
eral clips have been pooled, however,
and sold at sealed bid sales at 60M
cents.
1t IS reported that the Germans have
started to buy again in South Amer;ca
Inc market is still strong there, with
the labor situation much improved. 1t
Is estimated that fully two thirds Of
the South American clip has been
sold.
New-York tribune., 1919-06-19

Though one bank yesterday re-
marked that commercial paper was
much frmer and that the rate had ad-
vanced u Of per cent In the last day
or two, commercial paper brokers In
general found the rate unchanged,
with even q tendency to become easier.
The decline of the cxtravagant call
money rates has aided quicker move
ment of paper. Borrowing continues
small, though an increase Is expected
by some dealers after the frst Of July.
Some business houses have been hold
ing off pending semi-Annual state
ments or inventories. Meanwhile deal
ers say that the floating supply Of
paper is quite small.
The general rate for industrial bor-
rowing is now 51s per cent. A fcw
days ago, according to some brokers,
this rate obtained for practically all
paper, irrespective of quality. The re-
suit Of this anomalous condition was
that only the good names sold. This
condition is gradually passing by n
fall in the quotation of exceptional
paper to 5A per cent. A fair Western
market is reported at this figure, but,
as fact, the West Is practically the
only place where some dealers are
able to sell bA per cent paper at all.
There was fair market yesterday
for bank acceptances.
Sharp differences of opinion devel-
oped over the action of the American
Exchange National Bank, following the
statement of its president day or two
before, in buying $10o0O,OOO or more
bills and taking half to the Federal
Reserve Bank. One prominent banker
New-York tribune., 1919-06-19
Business M0nev

remarks: "You cannot make market
by buying bills when you do not want
bills. That in the end will do more
harm to a discount market than good.
The acceptance market, like any other,
must grow because John Jones has
something to sell that Jack Robinson
wants to buy, because there is an ad-
vantage both to the buyer and seller.
Even as it is, the acceptance market
has been growing wonderfully fast.
A few years ago we in this country
didn't know what an acceptance was"
This banker did not consider the po-
sition Of acceptance dealers to be
Guilty in the dealers obtaining call
money at the preferential rate he
thought that the Federal Reserve
Bank should help.
A leading acceptance dealer an
swered this argument with the asser-
tion that the action Of the American
Exchange National Bank showed an
enlightened policy looking toward the
future, and though it may have been
"artifcial," such artificial support is
necessary now because the acceptance
business is an "infant industry and
must be protected artifcially during
emergencies as long as it is retarded
by artificial conditions. Both the
banker and the acceptance dealer are
in agreement on the point that broad
discount market will not be possible
until the Stock Exchange adopts fort
nightly or other periodical settle
ments such as is done by the London
Stock Exchange, when call loans will
be based on acceptances and stocks
will be carried by short-tme loans.
New-York tribune., 1919-06-19
Furs
Germans Pay High Price
for american Skunk
Skins

Exports Of American staple furs to
Germany and other countries of Central
Europe as soon as the peace conditions
are settled will send the prices of these
skins t. W high levels, according to
local s dealers. Exports to other
parts Of .urope are large at the pres
ent time, but the dealers arc confident
that the demand from German sources
will exceed all others once it is possible
to ship goods to them. 1t is expected
that extremely high prices will be paid
by Germany for American furs. In
support Of this, it was cited that Amer
ican skunk skins at the recent sale in
Leipsig brought $6b nt the normal rate
of exchange, or about $24 at the pres
ent value Of the German mark. As
high as S11 has been paid in this mar
kct and In. London for skunk skins, and
this was copsidcred an exorbitant fg-
New-York tribune., 1919-06-19
Chemicals
Smaller Stocks of Caustic
Soda in Hands of
Dealers

Heavy sales of caustc soda are fe-
ported for Japanese and South Amer
ican consumption. A further reduc-
tion in secondhand supplies has taken
place. Conditions in the soda ash
market are similar to those in the
caustic soda market and prices are
strong.
Benzoate Of soda is in good demand
and sales of some size are reported at
81 to S1.10 pound for use in the
preservative trades. Offerings of Al
satan muriate of potash are on the
market at $85 ton, so per cent,
prompt shipment New York. Bichro-
mate of potash is a shade easier and
quotations on red prussiate of potash
have been lowered by some dealers.
White arsenic is trife firmer, with
sales Of car lots reported by first
hands at 8N cents pound for prompt
shipment. Imported carbonate Of pot
ash has been advanced on account Of
reduced holdings. Oxalic acid shows
an easier tendency under more lib,
eral offerings.
New-York tribune., 1919-06-19
Adopt Standard Colors
For Shoe Top Cloth

Steps toward the Standardization of
colors in the shoe and hosiery industry
were taken yesterday by the Worumbo
Company, wooden manufacturers, in an
nouncing the colors it had selected for
shoe top cloth. The colors selected
smoke, beech, mouse, bear, seal and
goat-were taken from the standard
card of the Textile Color Card Associa-
tion of the United States. The shoe
and leather manufacturers and the
hosiery manufacturers are expected to
follow suit, and thus assure the exact
matching of hosiery and shoes.
Efficiency Vacation" for
New-York tribune., 1919-06-19
Trade in Machinery and
Tools No,U Picking Up
American Shops and Foundries in Position to Sup
ply Needs of European Countries; Railroad
Orders for Mechanical Equipment Still Lacking
ITO REPLACE the great wear and

ITO REPLACE the great wear and
tear on machinery caused by the
strain of war work, to provide for the
arts Of peace, which were repressed
during the time the great conflict de-
manded instruments of destruction,
and to hasten the resumption Of in
dustrial operations in the Hun ravaged
countries Of Europe, mechanical equip
ment of all plants is essential. Fort
unately Americas shops and foundries
are ready for the tasks imposed by the
necessities Of reconstruction and re-
adjustment.
Under the urge of these processes
the demand for machinery and tools,
according to Percy M. Brotherhoo ood,
president Of Manning, Maxwell &
Moore, Inc, is expanding each month,
giving indications of assuming sub
stantial proportions during the early
fall months.
Fundamental conditions constantly
are improving" said Mr.. Brotherhood
yesterday. Buying Of light and medium
weight tools for use In industrial con-
Germs at home is expanding at faster
pace than demand for the heavy imple-
ments. The only drawback in an other
wise relatively favorable situation is
the lack of substantial orders from the
railroads, but when these are returned
to private control they will become
heavy buyers of mechanical equipment.
financing that will provide the rail-
ways with funds for essential require
ments will be accomplished.
prices for machinery have been re-
duced 10 to 20 per cent within the last
three months, and present quotations
are not likely to be changed during the
of this year. Compensation
for labor, which represents Is to 80
per cent of the cost of our products,
cannot be reduced while foodstuffs con-
New-York tribune., 1919-06-19

tlnue as dear as they now are. Prices
Tor steel, iron, copper and tin, the
basic raw materials for machinery
have receded but little.
AT present export trade is fair, be-
ing limited to a considerable extent by
our inability to get adequate cargo
space for shipments to England and
France.
when l was abroad during the
period from February to May last I
journeyed through England, France,
Belgium and Italy. l found that Eng
lands industries were being rapidly
adjusted to normal conditions. The
government was taking munition ma
chimes out Of the great industrial
plants. But the real difficulty is that
England's working organizations have
been disrupted. and owing to the short
age of skilled hands it will take fully
year for the English shops to get
back to pre-war shape.
"ln France the progress toward re,
adjustment was slower than it was in
England because rehabilitation has
not been so rapid as across the Chan
mel. The Northern French industrial
centres have suffered decided loss Of
skilled help. Besides, the men Of
France apparently were not overanx-
ious to return to work.
Belgium is bound to be good Gus
toner for American made machinery.
In Italy conditions were poor, the coun-
try seemed to be devoid of money, and
because of lack of work the country
government was deferred from disband-
ing it's military forces.
France, Belgium and Italy are ready
to buy American machinery, but in
order to do so they need credits or
financial assistance from the United
States and Canada. England perhaps
may be able to join in rendering some
monetary assistance"
New-York tribune., 1919-06-19
BUSINESS NEWS BUREAU:
Tribune Building
154 Nassau Street
Garment Makers
Worried Over
Cloth Shortage
Roth Woollen and Silk Mills
Are Unable to Deliver
an Adequate Supply of
Goods, Says S. Krohnberg

Unless conditions in the woollen
soods and silk markets change ma
,srially within the next three months
n. shortage of fabrics for the
,nanufacture of women's outer gar
ments, according to views expressed
nv leaders in that industry yester-
dsy. will be serious. Talk of short
ave of materials emanating from the
cloth manufacturers is always viewed
in the light of business propaganda"
by the garment makers, but now they
admit that they are having difficulty
in obtaining supplies and express grave
doubts that the situation will improve.
"The raw material situation in the
dress industry is critical" said S.
Krohnberg, of the Bijou Dress Com
many, yesterday. We do not know
where to 90 for the woollen and silk
soods we need. Most of the manu-
facturers have a three months supply
on hand or in the process of delivery
but after these stocks are exhausted
it will be difficult for us to get more
goods. This applies to silks as we'll
a. woollens. The mills are not selling
or delivering anything like the normal
amounts of materials or anywhere
near what the trade requires.
"Prices are skyrocketing every day.
The mill people tell us they are con-
fronted with raw material and labor
shortages One of the largest pro-
ducers Of dress serges in the country
told me early this week that his mill
had 400 idle looms at present because
Of the labor shortage. He said that
even the tenders of automatic looms
no longer want to attend to four and
five loom each. as formerly, and that his
company has agreed to each man at
tending to only two and three looms.
an addition to this shortage of pro-
duction the domestic supply is fur
ther depleted by Withdrawals for for
eign trade. l know that foreign buy
ers are taking American silks and
woolens in large quantities at much
higher prices than the domestic con-
sumers can pay I estimate that the
apparel men in this country are getting
only about one-tenth of the cloth they
actually need.
Gall this will cause a shortage of
apparel later on in the season. We
are taking orders now for delivery
beginning August 1. We figure that
we can book orders for delivery up to
December and then, unless we can
get more materials, we do not know
where we will stand around Christ
mas time"
Serges and tricotines. according to
Mr.. Krohnberg, are the most desirable
woollen fabrics in the dress trade
now, and satins are the most wanted
of the silk fabrics. On these the
market is particularly short, he said
New-York tribune., 1919-06-19
The Tribune $ Page of Business News

December through the allotment
method. Only those buyers who pur-
chased goods from tho concern last
year will be given new fabrics, it is
said, and even these people will re-
ceive much less than they did in 1918.
One buyer who last year took 1000
pieces of serge was told that he would
receive only about seventy-five pieces
this year. The company is reported to
be producing only about so per cent
Of its normal output because of the
labor shortage in its mills. A large
part of its output is destined for for
eign trade, it is said, thus cutting
down the amounts that can be allotted
to domestic consumers.
New-York tribune., 1919-06-19
Business Troubles

Hines. Alfred w.-M. A. Katske 27o4o
Hebron, James-M. Costello. 2,a91.7o
Hatoff. Henry (Whitlock Printing
Hernandez. Roberto-A. Palmer; '''''
1tsfoWitz, H9sss Jacob-rord cloak q: ''S''0
Ksvanaugh var e Michael j j. La '4''N'
xoneman. sr Henry L-American -''''
Agricultural Chemical Co.. 2eo.5o
Light. Alexander-B. Petrovitch. 43s. Al
Lente., Howard O, and Joseph E.
Reid (W. j. &, S. II. Daven-
lie pGsr Brun Marie Mas'sy 4, or Mile An S'''' 10
tSine LIE brun' oTn!I: or NJ lie Brun ,e.o
Lieberrnan, Jere-D Scott . 33225
Levin. Jacob-R. w. Candler.... 2,795. 33
Same-Samc NEUTRALITY-SUSPICIOUS.. 27e9.s2
Marcus. Philips. Rosen. 271.70
Emme L. Moler-M e. w
New York Railways co-H. s. 0
Northsrn waterproofing Co l'''''
New York Iron and steel Prod 400 l. %
ncts .Co.--w. Gillespie. .....,.. 2.252.ss
Okin, Abe-S. Mann ......... 29482
Oliver, Grace-E NJ. Hussey. go. 2ol. .ss
brinus Brewery Co. ......... $3.50
Peretz Abraham. and Sophie
slvestro, Antonio. and Gerardo
Cecere-1Aon Brewery OF New
~ York :....... ss1s4
Strout. Jacob VS.. MargOles 330.65
Runkle, Maurice--A. l.. Biedler 3.73l. 90
Realty Options Co.. Ida L. Rich
and Albert G. Rich-National
City Bank OF New Rochelle,
n. T. .................. 3986.62
Rubin. Louis VS. Rosea 23I.75
Sheedy. James--F. II. Calcott g.
=. co. ..:........ 25124
Solomon. Frieda--P. Reiff ct all
=. costs ............. 1928
sucarato. Nicholas Dbl s.
-. Sisson $3.50. ............. 1890 rs
" inield bernaro--Posner & Co. 207.70
wheaton, Edward F.--S. H.
~ Herman .......... 455so
Waldman. Rachmil -- Eastman
Machine Co. ................. 1857
In Bronx County
Ferrentz. Joseph--J. Basco. .... 174.s2
Herson. Hyman--D. Barnett. 104.72
Janss. George An H. Pinto 20761
Lcvcy, Charlcs-Commercal Cas-
ualty ms. Co. Co............... 944S
Cnalelo Rclla--N. Seitz. 206.9
schroeder. FRANK. Klein. 1851. 95
Shaw. Samuel. Abraham. a372
T. &, D. Button Cop. Feinstein 1sSA1
Same Nechin .............. 1928
wagner. E'nily--A. Koch. =. ...... 330. 70
ZweibcIsca. Samuel. Lipshtx. s72l
New-York tribune., 1919-06-19
National Spun Silk Co.
To Erect Spinning Mill
Business NetUs Bureau
,Sneci1l Cnrres

BUSINESS NeUs Bureau
Specidt Correspondence
NEW BEDFORD, Mass, June 49,
The National Spun Silk Company
of this city will erect an additional
four-story spinning mill in the near
future. Lockwood & Greene, archi-
tects, of Boston and New York, are
drawing plans for a brick building, ap-
proXimately 100x250 feet
The National Spun Silk Company,
with capital of S1,O8OOOO, and oper-
ating $4,000 spindles, manufactures
silk yarns, noil yarns and silk noils
The new building will be the third mill
of the company and the second to be
built in two years. It's cost, with
equipment, will be in the neighborhood
Of 100000.
New-York tribune., 1919-06-19
Basket Weavers Are Few

Rattan and willow baskets are in rel
atively good demand, but production is
impeded by the scarcity of skilled
workers, most of whom, it is said, come
from Europe. Basket makers before.
the war were paid an average wage Of
$1S week, but they now receive about
$40 week. Some willow baskets have
arrived here from Belsiums one of the.
chief Aouxce4 n4 eppplx
New-York tribune., 1919-06-19
Workers of Waist Concern

Instead of allowing its employees to
take their summer vacations at diff
ferent periods throughout the season.
She Lerner Waist Company will give
its entire working staff, with the ex-
ception of those employed in the show
rooms, a vacation from Friday, July
a. to Monday, July II. The new idea
has been termed an efficiency vaca-
.tion.n
New-York tribune., 1919-06-19
-.lisGed Judgments

Tho frst name is that Of tho debto,
tho second that OF the creditor and da,
when Judgment was fled:
In New York County
Farley. May WI c. Buchcr ct
al: Feb. 81. 1319.......... $1l6A
Eoth. Richard C.~-N'tl CITY
Bank OF N. y: oct. 20. 1893. s.o57s
Shore Acres Realty co. and Lewis
Smith,. II. Waterman: May
II. 1919 ................... 1,0ola
Metropolitan Bank-~A Geernk:
Dec. ID. 1914 frcvcrsed} 1905
ErctuDg. Edw. n. Charlotte c.
Ercitung and Mary Kaufman
n. G, Howard; April 22, 1919. se185
Fsri~y, Jane ". James f. DIVER
Joseph q. 1vver, Idn ~
Drumm and Wslter V. Diver
III. y. Oalivie; May %. 1913. 3,ll71
Jones. Win, +! NJ slime Jan.
N. 1895 ...,t .,.,.......;.. 27s.l
Weisgsrber, VIM g aud Marga-
rnt---L Phillips, Junr Q. 1915. $500
pDmpHi Construction co. Inc
q, Hoerner. May ~. 1919 IVA
gicblsr. Arn,iin~~sum,n,t Bank; 'S''
Der. ~. 1909 fcsnceited) . 1873
Giixon. Elmer, ana Carrie r. NO.
sheY ~ f'e1pi~. etc; May 2f.t1is i.500,0
Inter City Land h Securities 60.
IA. Wohiauer; March 30 1914 2s4G
Aemer Corp.--N'E! Fire procnny
!. Cal &Ahk Il 9e1IAm.4assasASw MAj
New-York tribune., 1919-06-19
Fine Wools Sell Readily
Dealers Are Best Buyers a,
Boston Auction
Business Ne,Us Bureau
SDecinl CorroenouJeu

VBWS BUTedU
Special Correspondence
BOSTON, June 18.-Wools offered
at the government auction TODAY sold
better than offerings of similar
quaiity at the previous sale. Most Of
the buying was by dealers who en-
gagged IN snappy bidding for the bet
ter grades. About 3,75o,Ooo pounds of
secured wool was offered and 125,Ooo
pounds of noils. Fine carbonized Aus
trallan wool brought $1.2S to 81 20 and
i1ne Cape wools sold at $1,20 to s1.27
pound. The American Woolen Com
pany paid $1.48 for small lot of fine
Australian combing wool.
New-York tribune., 1919-06-19
Big Concern Will Allot
Serges Sparinglys Is Report

One of the largest women's dress
serge producers in the country, it was
said yesterday, is planning to sell its
production for October November and
New-York tribune., 1919-06-19


ceiver under $500 bond for a. 3. George,
also known as Athanasion B. George. mer
chant. 20 Main Street. Yonkers. y. Y.
Petitions in Bankruptcy
Petitions in bankruptcy flied Yesterday
IN the United States District Court were
as follows
ESTHER BREAKsToNE-A voluntary
petition by Esther Breakstone a house
wife. 81 West 124th Street shows liabilities
q $500 and no assets. Principal claim is
mat Of Joshua Tomlnson for $500.
Abraham Brcakstone. 2ee Broadway. is the
attorney
MANHATTAN AND PHILADELPHIA
AUTO AUTO EXPRESS. 1NC.-Involuntary petit
Auto Express. Inc, 2Os West Twentleth h
Street Liabilities and assets are not
gwen Principal claim is that OF Esco
hosiery Company. Inc. for s737. Ben
attorney
HARRY P RoEDER-A voluntary petit
W ,on oy Harry r. Roeder, contractor. FPS
IVES, 1920 Street, gives liabilities at
Natls and no assets Principal claims
are arc those OF Emma Ksst and Elias Kast.
vmss:.sg; ~: Charles Jacobson, Inc. s147: 64
"es, 7Ith Street Corporation. S425. Albert
a Wray. is Broadway. is the attorney
ANNA RAUCH-A voluntary petition by
anna Rauch. housewife. 2s7i Morris Ave-
sae. Bronx. give. liabilities OF $3.50 and
~ " sssets j. NJ. Peyser, 320 Broadway. rs
tae attorney.
PHILIP BORoK-A voluntary petition
~ raliip Borok, also known Phillip
nolaN, salesman. West l1lth Street.
ttsss liabilities IT s11.457 and no assets.
pp,,tnc'pai Claims are those OF Robert
,t.aI 1900. Charles We'll, $500; Ike Harris.
~ '" 8 Wheeler. $4,000. Daniel
ney. " NA' e''o'
Joseph Z. LEvI-An Involuntary petit
s.s. svu sgaTsst Joseph f. Levi doing bust
"a "a as ) e Levi {. Co, stock brokers,
~ ~. broad Street. coes not give liabilities
enu enu asss's Principal clairns are: Bernard
So,ss. s1.sco. Anst Alexander. $4s6: Nettie
js,ss E,sss "orth. sl{s Max Greenberger. 1913
New-York tribune., 1919-06-19
Basic Commodities
June 18, 1919

reported tho "bd
srces -
New-York tribune., 1919-06-19
Schedule in Bankruptcy

hoSINHiRsCH COMPANY. inca
fSwsasaoie OF Eobin-Hirsch Company. Inc.
.ttspley show case concern. 254 Canal Street,
sss.s sss liabilities of ii.s42 and assets OF
yy1s.IL Principal claims are those of
si si'sspn ~, z; Kibon. $l.1l0: John S. Bcrrnan.
s.ssei' Martin n. I-atner. $3.50. Zalkin &
,n.sh. ,ash. 81 Chambers Street. the at