davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-03-12
RIJSINESS NEWS BUREAU,
Tribune Building
lS4 Nassau Street
German Patents
Chemicals No
Longer Menace
Company Organized by Alien
Property Custodian Will
Control Dye Formulas for
Benefit of L. S. Industry

German dyemakers will no longer be
protected by patents under which they
onerated in this country before the war.
About $500 Of these patents. according
70 a report by A. Mitchell Palmer, given
ont last night by the new Alien Prop
ertv Custodian Francis Z. Garvin, have
been turned over to the Chemical Foun-
dation. Inc, non-proiit organization,
in which virtually every important
American manufacturer Of chemicals
and dyes Will be a stockholder.
Mr. Palmer states that most of the
$500 German chemical patents held in
this country were valueless, but out of
the remainder can be obtained the
formula for for every dye and chemical
formerly imported from Germany.
The organization of the Chemical
Foundation, he said, was conceived after
the attention of the Dye Institute and
the Manufacturing Chemists Associa-
lion had been called to the fact that
patents existing in this country had
been sufficient to stop importation of
competing Swiss, French and English
dyes. and that in the hands of Ameri-
cans they would be sufficient to stop
the Importation of German dyes. The
company was formed with a capital
stock of $500,000 of which $250,00 was
paid to the government Tor the patents
and s250,000 set aside to be used in
fighting any attempt on the part of the
German chemical interests to recover
the American market.
The stock viii be placed in a voting
trust composed of five members. The
same men who have been acting as the
sales committee for the Alien Property
Custodian have been named as trustees.
They are: George l.. Ingraham, former
Justice of the Appellate Division of
the New York Supreme Court; Otto T.
Barnard, president of the New York
Trust Company; Cleveland II. Dodge,
of Dodge Bros Co; Benjamin Il. Girls
void, partner OF Brown Bros. Philadel-
pha bankers. and Ralph Stone, presi-
dent of the Detroit Trust Company.
The charter of the company is so
framed that under the patents only
non-exclusive licenses can be granted
New-York tribune., 1919-03-12
Silks
NeaU Sitk Fabrics for the
Fall VIII Soon Be Ready
for Inspection

Heads Of most of the largo silk man
ufacturing concerns yesterday united In
declaring that business was excep-
tionally satisfactory. All Of the more
popular weaves were in demand. City
buyers operated to q greater extent
than those from out OF town, but the
buying of retail merchants from the
Pacific Coast also was conspicuous. Mail
orders calling for Eoodly quantities of
merchandise were received from the
Middle West.
Manufacturers OF dresses are about
ready to inspect the now fall fabrics,
which will be on display at the show
rooms within fortnight. Retail deal
ers are not evincing much interest in
fall wcavcs, but by the end of the
month it is probable that they will
begin to arrive for the purpose Of pur-
chasing goods needed for the early
autumn season. While there is much
discussion regarding the prospective
course of prices, manufacturers of high
class fabrics say that reductions are out
of the question. 1t is admitted that raw
silk has dropped little in price, but
what is more important labor is higher
than ever, this condition more than
offsetting the benefits derived from
tllc iONCi SOSI VI law llidCcllul- 1On-
ccssions of 10 to 5 per cent may be
allowed in the price Of the cheaper
grades of merchandise.
Demand for silk Innings is dull be-
cause mercerized cottons, which are
lower in price, have been substituted
for the silk fabric.
Silk ribbons in tinselcd effects are in
vogue, and it is said that demand cx-
cecds the supply These goods when
offered over The counter of retail deal
crs will sell at $40 to $15 yard.
While trade in spun silks, material
mado from the broken ends of raw
silk, is quiet, the revival in the yarn
business is expected to react favorably
upon demand for spun silks.
The standard grades Of Japanese raw
silk did not show any change in price,
but cable advices from Canton indi-
Gated weaker market at that centre
American manufacturers are buying
the material just as it is needed.
Coarse grades, supplies Of which are
small in tho New York market, com
inand Il premium of 10 to 20 cents n
pound over the quotations prevailing
for material to be delivered within a
months time
New-York tribune., 1919-03-12
Lyons Fair Successful
Demand for Exhibition Space
Exceeded Supply

Paul Picard, official representative
Of the Tanners Council at the Lyons
Fair. cablcd the council yesterday that
the fair has been generously patronized
and that the prospects of future bust
ness by the exhibitors Of leather goods
were favorable
The council announced that it under
stood that the managers of tho Lyons
Far have decided to divide the event
into two sections hereafter and to hold
two exhibits each year. 1t was said
by M. Hcrriott, Mayor of Lyons, ac-
cording to the council, that more than
900 firms were unable to obtain stalls
in the present fair and that accommo-
dations in Lyons were taxed to the ut
most.
1t has been decided to hold fair in
the spring, from March l to Is, to in
clude jewelry, horology, wools and cot
tons, hats, boots, leather goods, motor
cars, electrical goods and chemical
products
New-York tribune., 1919-03-12
Rag Man, Not Sheep Raiser,
Helped BY :AW Wool Label
Trade Terms Do Not Prevent Use of Much Shoddv
in the Manufacture of Woollen Fabrics Man
Who Knows the Business Asserts

THE public's misunderstanding of
Il the trade term "all WOOL" used in
connection with fabrics, forces the
sheep raiser to compete with the rag
man, in the opinion Of Alexander
Walker, vice-president Of Strong,
Hewat & Co, manufacturers of woollen
fabrics.
The decline of the worlds sheep in
dustry, according to Mr.. Walker. is
directly due to what he terms the
universal practice of selling fabrics
which contain shoddy or reworked
wool as virgin wool cloths, or so I'M
piled under the commercial term call
wool"
He contends that fully so per cent
of the fabrics sold as call WOOL con-
tain shoddy. 1t is a we'll known fact,
he said, that shoddy or reworked wool
can be woven into fabric so skill
fully that even an expert cannot de-
tect it.
"Only the maker Of the fabric him
SUI, Saiu NiI. w dlkeT, knows Wnether
or not shoddy is used in the construc-
tion of the cloth and, If shoddy is
used, what percentage Of the finished
fabric it forms. This Is the most
dangerous feature Of the all wool
characterization, and It is so because
neither the public, tho retailers nor
the clothing manufacturers can know
when fabrics do contain shoddy.
"More than thirds Of the raw
material used by cloth manufacturers
in producing the fabrics from which
our clothes are made now come direct
ly from the rag and shoddy industry,
and not as the public supposes, direct
from the sheep shearing pens.
"The public understands the term all
wool to mean unused fleece wool, fresh
from the sleeps back. 1t is in this
sense that the term has long been used
by retailers and clothing manu-
facturcrs and accepted by the public
Fright here is where the sheep in
dustry gets the black eye, because
this practice of selling vast quantities
of shoddy as virgin wool, or so inn
piled under the term all WOOL forces
the sheep raiser to compete with the
rag man. 1t is this specious term
which is forcing the decline of sheep
New-York tribune., 1919-03-12
uzr's
Definite Rulings on Nerc
To-x Still A,caited BY Fur
Manufacturers

Fur manufacturers are awaiting the
issuance Of the official regulations
governing the collection Of the 10 per
cent tax on manufactured fur under
the new revenue law. Many Of the
problems that confronted the fur men
when the law went into effect on mid
night February % nave been passed
on to the authorities at Washington
for solution, and II is expected that
the Treasury Department will soon is
sue definite rules covering the collec-
ton OF the tax.
For the last week David c. Mills.
manager Of the Associated Fur Manu-
facturers, Inc, has been answering
numerous questions presented by the
manufacturers, giving the interpreta-
tlons of the law as issued by the local
revenue Office, but no definite rulings
on all phases OF the subject can be
made here at this time
Mr Mills says that if cash is paid
immediately for the article the title
passes then and the manufacturer
must include the tax to his return for
mat month. If, however, an order is
gwen tor certain quantity of mer-
chandlse for shipment later the title
does not pass until the shipment is re-
ceived by the buyer In cases where
the buyer designates the shipment by
any particular express company the
title passes at the time the goods are
hrst delivered to the express companv
Where merchandise is shipped on
memorandum the title remains with
the manufacturer until the goods are
either sold by the retailer or until
he notifies the manufacturer that he
has decided to keep tho merchandise.
The question Of cash discounts has
also been perplcxing the manufactur-
ers. Mr.. Mills says that the tax ap
plies to the selling price of the gar
ment, irrespective of the discount. For
instance, if garment sells for $lOO
with per cent off for cash in ten
days, the manufacturer will have to
base his tax on $l0O, while he will
receive but $98
New-York tribune., 1919-03-12
Secured Wools Bring
Good Prices at auction
Business Ne1cs Bureau
Speciul COrresDOnIence

BOSTON, March 1-Prices we're
strong and the bidding spirited for the
secured woods offered to-day at the
government auction. Of the first 100
lots offered only six were withdrawn
because bidders failed to reach the
minimum price set by the government.
In the first 100 lots the highest price
paid was S1.45 a pound for two lots of
l07 bags each of fine and medium Ter
ritory woods. Dupee & Meadows were
the purchasers.
C. j. Webb & Co., Philadelphia, we're
prominent buyers, as they were yes
terday, taking to-day IA lots, about
$4,000 pounds, including South Ameri-
can and South African woods of all
grades.
Some Of the low grade woods brought
good prices. Halfblood Cape wool, some
detective and stained and coarse locks,
brought Sill a pound.
Dupee & Meadows bought II lots,
amounting to $4,000 pounds, including
California woods. fine medium Terri
tory wools and fine Cape wools. The
American Woolen Company bought
about $4,000 pounds of fine Capes in
the first 100 lots and later about So 900
pounds more.
New-York tribune., 1919-03-12
Standard Sizes for
Athletic Underwear Favored

A fair percentage of manufacturers
OF athletic underwear who have been
queried on the subject have signifed
their approval of a movement to stand
ardize sizes in their products. At
present each manufacturer follows his
own ideas as to size. with the result
that 36 garment made in one factory
may be smaller or larger than that
produced in another plant. Some man
ufactqrers' especially those producing
the cheaper lines, are prone to cut
their garments "skimpy." The new
movement, inaugurated by the athletic
underwear and nightwcar manufact-
urers' division Of the international As
sociation of Garment Manufacturers
is designed to eliminate all discrepan-
cles IN sizes of athletic underwear.
The movement may be extended to
mghtwear- especially pajamas.
New-York tribune., 1919-03-12
Business Money

The most notable event In the
note sale of the American Can Com
pany. The company sold $4,000, 900
Of serial notes dated March II, matur-
ing in equal instalmcnts in six, seven,
eight and nine months, to the First
National Bank. The bank has already
resold these notes, most Of them to
other banks, and part TO note dealers.
1t is believed that when any of the
serial notes have three months or less
still to run they will be eligible for
rediscount at the Federal Reserve
Bank. The bank announces that the
notes are "self-liquldatng" and are
for "the conversion Of raw materials
into finished products, orders for which
are already in hand" The notes were
sold on 6 per cent discount basis.
The borrowing is being rcsorted to by
the American Can Company because of
"the continued high cost of tinplatc,
together with the maintenance, so far
in 1919 of an extraordinary volume Of
business" which "makes desirable a
temporary addition to the working
capital"
Only a fair average volume Of bust
ness was reported by dealers yester-
dav. Rates remained unchanged, most
of the paper being sold at 5 q per cent,
with an occasional sale of well-known
prime name of short maturity at 6A
per cent. The increase of borrowing
for the present consists mainly in bor~
rowing to meet income tax payments.
New-York tribune., 1919-03-12

One quarter of the total becomes due
on Saturday.
Meanwhile, tho banks in this city
evince an indisposition 10 lend. There
has lately been a good deal Of shifting
Of funds. There have been heavy gov
crnment Withdrawals. Only q few days
ago the banks were called upon to take
another issue of certificates Of in
debtcdness. They are now accommo-
dating customers for the payment of
income and excess profits taxes. While
there has been a good deal of concern
about a possible tightncss Of money
on and about March IS, there is IN
creasing belief now that this will be
avoided. Bankers point to the similar
situation last June, when tightness
was expected at the time of the tax
payments then, and did not make itself
felt. 1t frequently happens that when
money scarcity is expected on q par
ticular day or days, because Of GER
tain shiftings Of funds. such elaborate
precautions are taken that nothing un-
usual occurs.
The bank acceptance market was
rather dull yesterday. Not many bills
came out, nor was there much demand
for them. Some dealers reported
they did fairly we'll, considering the
line of bills they have, which arc often
lacking in the best known prime name.
The market is expected to improve in
the latter part OF next week.
The range of rates for commercial
paper for two, three, four, five and
six months was unchanged yesterday
from Monday and a week ago at 5A
to 3 Il per cent.
Fifteen to sixty day prime trade ac-
ccptances, 5@51t per cent; sixty to
ninety days, b05k per cont; indorsed
trade acceptances, AZ per cent, all
maturitlcs.
New-York tribune., 1919-03-12
Dress Manufacturers TO Open
Paris and London Offices

The womcn's dress industries Of
Europe and America soon will be
linked moro closely. Tho Associated
Dress Industries of America, which
numbers among its members leading
dress manufacturing firms in this
country and Canada, as we'll az manu-
facturers OF raw materials from which
dresses are made, will establish Of
fees in London and Paris in the near
future. 1t Is believed this action will
mark the most constructive step yet
taken toward the Observation-Disclosures
Of the worlds garment industry
Otto b. Shulhof, president Of the
dress manufacturers organization,
yin leave on Saturday for LIVERPOOL
He will establish an office Of the asso-
cintion IN London, assemble n COM
pctcnt staff and then proceed to Paris.
where similar headquarters will be
opened.
New-York tribune., 1919-03-12
Leather
Large Demand for lmifa-
tioFs Leather From FOR
eigu 0ffd Home Users

Jobbcrs in leather and imitation
leather, used largely by bookbnders
and in the manufacture Of upholstery
and novelties, report 1hat for some
tune there has been big demand for
the imitation material from other
countries, particularly Italy. Spain,
Greece, Portugal, Norway aud Sweden.
The virtual denudng Of the markets
or these countries Of leather stocks is
given as the cause for the numerous in
quines that have been received for the
imitation material the foundation Of
which Is usually cotton fabric These
requests are mainly for tho heavier
grades of material, which gave the Job
bers the impression that it is wanted
for upholstery
The unusual demand for imitation
leather not only from abroad. but
from the domestic bookbinders and
makers of cheaper grade novelties who
customarly use skivers and buffings
has continued despite The high prices
asked. Bookbinders who were com
polled TO pay from 20 to 25 cents
foot for watergrain buffing are in the
market IN large numbers Tor the imita-
tion leather selling at from Z to 8
cents a foot.
A further reason for the heavier
call for the imitation is provided in
comparison Of the pre-war and pres
ent prices Of feathers used by man
ufacturers. Several years ago sealskin
was selling for 40 cents foot; now
is is listed at from so to 80 cents a
foot. The lighter weight cowhidc,
which formerly sold for about 20 cents
foot is now being marketed at from
35 to 40 cents a foot, according to one
jobber.
During the war the price of imita-
tion leather advanced from 20 to 25 per
cent. but in sympathy with the decline
in the price of cotton the cost of this
commodity has come down lately.
New-York tribune., 1919-03-12

% ne Ar1Dune>S rage OF Business News

on equal terms TO all applicants en-
titled to consideration, and must be
granted to the United States free Of
cost The $500,000 capitalization of
the company is divided into 100000 of
per cent cumulative preferred stock
and 100000 of common stock, also linn
tied to 6 per cent dividends.
Surplus income, under the charter
of the corporation, will be used for
retiring the preferred stock and there
after for the advancement of the
chemical and allied sciences and in
dustries.
Mr.. Palmer. in his report, points out
that if the German pasents through
sale at auction had fallen into the
hands of some speculative individual
or group representative of only
small number of interests they might
have been used for commercial black
mail. AS now organized the Chemical
Foundation, he states, is not objec-
tionablc to public policy, as any Amer
lean, whether a stockholder of the
company or not, can secure the bene-
fits of the patents on fair and equal
terms.
The organization of this institu
ton" Mr.. Palmer says in his report,
CONSTITUTES the most important step
Of the new industry. Tariff protec-
ton has proved utterly unavailing in
the past.
"The German industry as hitherto
organized and still more as now or
ganized has had so much to gain by
extending its foreign trade and by de-
stroying the industry in other coun-
tries that it would undoubtedly give
away it's goods in this country for
nothing in order to recover the Ameri-
can market.
THE Chemica Foundation, however,
should prove power sufficient to dis
courage in a most effective manner any
German attempts in this direction. If,
as their newspapers boast, the Ger
mans have during the war worked out
entirely new dyes superior to their
last productions the protection afforded
by it will be invaluable"
Mr.. Palmer adds that the patents
now in possession of the Chemical
Foundation undoubtedly include the
results of research. upon which must
be based the manufacture of any new
dye which the Germans are now able
to produce and market, and that the
American industry will be afforded
protection until it can hold its own
against German competition, which
manufacturers say ought to be in
about five years.
New-York tribune., 1919-03-12
Rubber
More Housewives Buying
~ ringers Because Forced
to Do Oaun FLASHING

Manufacturers of wash wringers, in
the construction Of which rubber rolls
play an important part. report that
they have gotten back to normal
basis of production and are rushed
with orders. This situation. thew saw.
IS partly the result Of more house
wives turning to the personal care
of their homes because of the scarcity
Of domestic labor. The ordinary
washer woman, who several years ago
would be content with sl5O or 81 for
days work, is now demanding be-
tween S3 and 81 for the same service.
With these wages prevailing many
women are compelled to do their own
washing, and Immediately are in the
market for q wash wrlnger.
One manufacturer, who in addition
to producing wash wringers also
manufactures rubber rolls for lithog-
raphers, paper mills, tanneries, etc,
declares that he is now receiving as
many orders as his factory can han
die. One concern, he said, had re-
Gently placed an orde. for $4,000
wrlngers. There has teen some hes
ltancy IN ordering goods displayed by
purchasers because of the high prices
srked, but retailers apparently have
been forced to replenish stocks at
present quotations.
IT was explained that wash wringers
had advanced 25 per cent in cost dur
ing the last two years, but that this
increase had been caused principally
by the higher wages demanded by
labor. Many manufacturers had CON
tracted for material at war time
prices and relief in this direction can
not be expected until these contracts
are completed
One condition resulting from war
time restriction on the part Of the
government that is likely to be made
permanent is the reduction of the
number of models or styles of wash
wringers produced. Before the war
there were 327 styles of wringers
made by one concern. This number
was cut to 124 styles at the request of
the government. Now it is the intcn-
tion of this company to keep its
models close to the latter number.
New-York tribune., 1919-03-12
Higher Price Paid for
Wooilens ut Auction

Among the smaller manufacturers of
mems and women's garments there is a
disposition TO pay higher prices for
woollens than has been the rule for
somc weeks past. Prices at the auction
of the American Woolen ComDany's
worsted suitings, overcoatings, velours.
popins. pom pom cloth, etc at the
auction rooms of Burlng & Dole yes
terday shoNed an average increase of
nbout 10 per cent over prices for sim
liar goods SIX or eight weeks ago. In
TACT, the prices We're about the same as
those obtained last December when a
three days auction of the American
Moolen Company's cloths was held
The bidding for worsted and fancy
suitings was keen. Overcoatings were
not SO much in demand
New-York tribune., 1919-03-12
Exhibition of French Models
Rv Haas Bros. Ends To-day

The exhibition Of French modeIa Of
women's costumes that Haas Brothers,
the silk merchants, Of All Fifth Ave
nue., have been conducting the last
eight days, will be discontinued to-day.
Models from the shops of the leading
Partisan designers featured the *
hibit, which was we'll attcndde by the
most fashionable drcssmakers OF ne"
York and vicinity, as we'll as by man.
uracturers OF high grade dresses As
French silks are not to be had except
at prices that are deemed to be pro
hibitive, American made silks will go
irtn thn Ercnch modes.
New-York tribune., 1919-03-12
Hide and Skin Importers
Association Holds Meeting

Plans for the publication of jour
nal disseminating information relative
to conditions in the hide and skin mar
kets of the world and the adoption of
standardized forms of contracts for
use by members in their dealings with
tanners, brokers and foreign agents
we're discussed yesterday by the plan
and scope committee of the National
Association of Importers Of Hides and
Skins
New-York tribune., 1919-03-12
Large Order for Tire Yarn

NEW BEDFORD, Mass, March H.
Spinning mills here have shared in a
large order for tire yarn, which is est
mated at total volume Of a million
and half pounds. The price paid is
said TO have been relatively low. but
the contract has served 10 forestall The
contemplated curtailmcnt Of at least
two spinning plants.
New-York tribune., 1919-03-12
Basic Conn I'M O dities

Tuesday March
prices giveP)
Ashland tidings. [volume] (Ashland, Or.) 1876-1919, 1919-03-18

DR.. r. l.. Burdic has purchased
the concrete bungalow on High street
owned by Roy Toft of Medford and
occupied by S. B. McNair. DR.. Bur-
die expects to take possession of his
new purchase by the first OF MAY
and will occupy the house himself.
Five hundred and seventy dozen
eggs were brought in at the market
house of the "Ashbellent Egg So
ciety" last Saturday by the farmers
and poultry raisers Of this district.
These eggs brought BAN cents a
dozen, which is Az cents above the
price local merchants pay.
Lee Hall received telegram from
his son Orville. who has been master
mechanic aboard submarine chas-
er that saw much active service dur
ing the war, that he Is In his way
home. The telegram was sent Sun
day from Chicago, and the young
man stated he was coming home by
the way of Portland. He will prob
ably stop in that city for couple OF
days to visit with brother, and may
be home the latter part of the week.