davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-09-26

"The Green Suit" play Of magic
and mystery. will be given by Tony
Sarg's Marionettes for the week be-
ginning tonight at the Provincctown
Plawers' Theatre
New-York tribune., 1919-09-26
Plays and Players
IAN Exchange of Wives" Will
Have First Performance
at Bijou Tonight

An Exchange of Wives. will have
its first performance at the Bijou The
atre tonight.
New-York tribune., 1919-09-26

Yesterday Charles Dillingham; re-
ceived the following cablegram from
Luisa Tetrazzini in London: "Rcturn-
ing America; trnnscontincntal tour,
management Jules Daiber. Am happy
to confirm opening concert at Hippo
drome on evening of November 23."
New-York tribune., 1919-09-26

Mrs. John t. Alexandra entertained
the St. Johns Society of the Episcopal
Church OF the Berkshres yesterday
at her villa in Lenox, Mass
New-York tribune., 1919-09-26

Mr.. and Mrs. Henry Spauldirg Sch,cy
closed their cottage at Breton W oods
\. H., yesterday and returned to q
West Fiftyfourth Street for the
winter.
New-York tribune., 1919-09-26

Mr. and Mrs. Edward S. Narkucs
who passed the summer in New Lo!
don, Conn. are at the St. Regis fol 1.
few days hefors opening their to~n
house at East Seventy ffth Street.
New-York tribune., 1919-09-26

Judge and Mrs. Franklin C. Hoyt
have returned to The Lea, their coun-
try home in New Hamburg, N. Y,
after visiting Mrs. William Douglas
Sloane in Lenox, Mass.
New-York tribune., 1919-09-26

Mr. and Mrs. Coburn have engaged
Kathryn ki(.:sr and Tyrone Power Tor
the leading roles in Louis Il. Ans
pacher's ".Ail the Kings Horses
New-York tribune., 1919-09-26

Mrs. John Nicholas Brown and lie
son. John Nicholas Brown, viii rcs1,l,
Text week to Harbour Court, .lci
villa IN Newport. R. L., from Jsra..
where they spent the summer.
New-York tribune., 1919-09-26

Mrs. James ]. Brown, who came from
Newport to meet Mrs. BURY, of Eng
land, mother of Major BURY, a mem
ber of the staff of the Prince of Wales.
has returned to her villa there.
New-York tribune., 1919-09-26

Mr.. and Mrs. Herbert M. Hartman
closed their season in Newport yester-
, day and returned to New York.
New-York tribune., 1919-09-26

The marriage of Miss Winthrop
Bushnell, daughter OF Mr.. and Mrs.
Ericsson l.. Bushnell. to Carleton
Humphreys Palmer will take place
next Thursday afternoon III Trinity
Church, Broadway, AZ the head Of Wall
Street.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
Business Money

to dispose of ninety day bank accept
ances at present. Usually they have
to hold such bills until they have only
seventy-tive or sixty more days to run.
The reason for this is that the reds-
count rate at the Federal Reserve
Bank is the same for ninety-day ac-
ceptances as the original discount rate,
but for seventy-five and sixty day ac-
ceptances the rediscount rate is 1-16
OF L per cent lower. If heavy with
drawals are made upon bank here it
VIII take acceptances to the Reserve
Bank to be rediscounted The paper
which it rcdiscounts, however. it must
indorsc. This Endorsement makes of
the paper contingent liability, even
though the contingency is very remote.
Banks do not like the idea of indorsing
paper and receiving no consideration
for it. They are willing to do it for
LIE Of 1 per cent
The range Of rates for commercial
paper for two, three. four, five and six
months maturties compares as follows:
Yesterday, 81 to 5l4 per cent; day be-
fore. 5A 10 51a per cent; week ago, s
to 51a per cent.
Prime trade acceptances, running
from fifteen to ninety days, were to
51s per cent. Sixty to ninety days &C
ceptances were 5 to "a per cent. In
dorsed trade acceptances were Az per
cent for all maturities.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
Leather
Holland Remoues Export
Restrictions on Hides
and Skins

The United States government is
negotiating for the removal Of the
ration arrangement on leather to Hol
land, and if these negotiations are
successful the result viii be free
movement of leather to Holland. The
Tanners Council is keeping in close
touch with the general developments
at Washington and expects that def
mite word on the opening of the Hol
land trade will be received within a
few days In connection with the
leather situation in that country the
council announced yesterday that it
had been advised by the War Trade
Board that all restrictions against
export from Holland of hides and
skins have been removed.
Coming shortly after the announce
ment that the French government had
lifted the bars to the importation Of
American leather, a change in the
attitude of Holland toward imports
would be welcomed by the industry.
1t is expected that the council will
be in position to-day to make public
the results OF its activities to secure
latest details in regard to such re
strictions and regulations of the vari-
Gus European governments as affect
the leather business.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
Textiles
" oolfen Goods for Fall
" ear offered at Lower
Price Levels

Prices quoted by the American
Wooden Company yesterday when it
showed fall cheviots, unfinished
worsteds, clays, serges and French
blacks for the first time this year
ranged from 10 to 20 per cent below
the prices for similar cloths last year
This reduction bears out the conten-
ton that the American Company, as
we'll as most Of the other large mills
in the trade, intends operating on ex-
tremely small profits this year.
The serges, in which much interest
was manifested, ranged in price from
$3.50 to $500 a yard. Last year the
company showed smaller number of
serges, but the prices ranged from
$1.S21z to $3.771A a yard. The clay
worsteds were priced at S3.O5 and
$3.50, compared with $3.50 and S4.15
last year. One number in unfinished
worsteds this year, priced at 1912 Y
was 65 cents more last year. Included
in the serges was the No. 1892, which
has been accepted as a standard in
the woollen goods market for many
years. This fabric was priced at
$2.62la a yard yesterday The COM
pany did not offer it last year
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
Silks
Reordering by Retailers
Lends Snap to Silk
Trade

In the silk trade yesterday statesmen
reported good deal of reordering of
materials to be made up into evening
dresses. Bright shades were in best
demand, as they have been since last
December. In some shades calls for
these weaves have surpassed the i'm
medately available supplies.
Flimsy materials for summer cos
tunes also were in good demand. Buy
ers seemed to have focked to New
York in unusually large numbers this
season, the policy being to visit the
salesroom frequently rather than to
take large quantities Of goods at any
one time. Manufacturers say retail
dealers prefer to take goods for a
quick turnover.
Raw silk is weaker and prices for
the standard grade of Japanese silk
have receded about 80 cents a pound
within the last six days. American
buyers are purchasing the material
merely to cover their nearby require
ments. 1t is felt, however, that the
lower prices may bring out some de-
mand. Manufacturers admit that de-
srabe grades of white silk arc scarce
in the New York market. Quotations
on Chinese raw silk also are lower,
weakness in exchange rate for silver
being the controlling factor. Tussah
silks, which are derived from worms
that feed on oak leaves as distin-
guished from mulberry leaves, are dull
and weak. Tussah raw silk is used in
the manufacture Of pongee fabrics.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28

Importer Receives Large
Consignment OF Rus
si0y. PeHs

The arrival of large lot of i'm
ported pelts caused stir yesterday in
the fur market. This is the first batch
of fur skins to be received here from
abroad for some time The skins were
consigned to N. Sobel (Inc), a firm
which recently entered the raw fur
business after thirty years of activity
as fur manufacturers.
Mayor Sobel, member of the firm.
declared that the importation consisted
mostly of Russian skins, and that they
had been bought and paid for in No
vember. Among the pelts were Aus
tralian opposum, squirrel, nutria and
marmot.
According to Mr.. Sobel, the fur i'm
port situation is showing a slight i'm
provement, but is not near the posi-
ton it holds normally. He said that
there were plenty of skins available
in foreign countries, but the American
importers difficulty is to get ship
ments through. Shipping space, not
furs, is scarce, Mr.. Sobcl declared.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
Harrod's Buyers Coming
English Establishment to Open
Sample Room

Harrod's Ltd, conducting large re-
tail establishments in London and
Buenos Ayres will begin sending their
buyers to. the New York market in
April or Nay. William B. Aver, Amer
lean agent for Harrod's, said yesterday
that probably the first to arrive will
be the corset buyer and the buyer OF
mems clothing for the London estab
lishment Mr.. Aver will sail for Eng
land on March Is and hopes to bring
back these two buyers and possibly
more, when he returns to this country
after few weeks in London.
Harrod's American Office soon will
be enlarged Among the additions will
be a large sample room where articles
of merchandise which find ready sale
in Harrod's establishments will be
placed on exhibition for the benefit
of American manufacturers of jobbers
who wish to produce similar lines Of
goods.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
Metals
Copper Interests to Meet
Next Monday With Coz
eminent Officials

Lead was in fairly active demand
again yesterday and quoted fraction
higher by independent dealers.
The copper market remained dull,
the small sellers quoting Is cents a
pound Tor the metal, with only small
purchases being recorded. The larger
producers are asking 1914 and 1872
cents pound, but are finding difficulty
In making sales.
Interesting Developments are expect
ed IN the copper situation next week
On Monday government representatives
will hold conference with the heads
of several copper companies to discuss
the methods to be adopted by the gov
eminent for the disposal of its stocks
of copper, and it is thought possible
that some definite action may be taker
AS a result of his meeting.
The Copper Export Association. Inc.
is reported to have taken orders fol
foreign account below the fixed export
price of % cents. The copper expor
interests are also scheduled to meet or
Monday, and it would not be surprising
il a reduction in the export price Of
The metal were announced as a result
Of the discussion
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
Florida Phosphate
Producers Form
Export Combine
Large Quantities of Fertil-
izer Base Wanted by Eu-
ropean Countries, Whose
Supplies We're Cslrtailed

All the phosphate rock miners of
Florida have united IN forming a Webb
law association to handle their export
shipments. 1t is known as the Phos-
phate Export Company and represents
twelve mining companies, whose prod
uct is one of sae principal ingredients
of manufactured fertilizer.
Stephen 3. Fleming. president of the
international Agricultural Corporation,
one of the organizers Of the central
selling agency. SAID yesterday that ex-
ports of phosphate rock to European
nations had increased greatly since the
signing Of the armistice. The principal
demand he stated, had come from
Great Britain, France, Italy, Norway,
Sweden and Spain. Shipments are ex-
pected to 30 forward to germany after
The Allied blockade has been lifted.
During the war; Mr.. Fleming add
ed. exports of phosphate rock to Eu-
rope dropped from IN annual rate OF
100000 tons to 500, 900 tens because
Of the lack of shipping facilities. Ship
ments are now getting back to normal,
but they are still retarded by q scarcity
of bottoms. Like other commodities.
the prices of the various grades OF
phoSephate rock nave Deep increased
to meet the higher cost of fuel oil and
dynamite, the latter being used extern
sively for blasting purposes at the
mines"
Mir. Fleming said that the artificial
fertilizer market was in good shape,
but he did not look for much improve
ment in general business before next
July. 1t was MS opinion that 1t will
he several months before many corpo-
rations with inventories accumulated
at war prices could be brought down
to peace time basis. SO far as the
international Agricultural Corpora
TONS own business was concerned he
said that the loss in sales to cotton
growers because of smaller acreage had
been offset by the larger territory given
over to the planting of grain.
The International Agricultural Cor
poration recently made inquiries at
the State Department to learn whether
its agents could be sent to Germany
for the purpose of investigating condi-
tions at Sollstadt. where are located
extensive potash mines in which the
company has Il half interest The man
agement was informed that it would
have to wait until after peace had been
signed before It's emissaries would be
permitted TO enter Germany
Waldemar Schmidtmann, one of the
directors, is the son of one of the prin-
cipal German stockholders of the
American company. but he has not
heard from his father since the first
months of the war The younger
Schmidtmann is a citizen of this coun-
trV
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28

South American said Mr.. Thompson,
"and more business will flow in from
these countries"
Asked if England would not eventu-
ally be keen competitor of the United
States, Mr.. Thompson replied that
wages in England now were on a par
with those paid mill operatives in this
country, and with modern machinery,
the application of efficient factory
methods and raw cotton ready to hand,
American mills should be able to turn
out large quantities of underwear and
cotton hosiery at prices that will meet
all corners in the worlds markets.
"The competition of Japan" he con-
tinued, need not disturb American
producers. While Japan may cut in on
some of our export trade, such COM
petition would be confined to the
coarser kinds OF goods. japan cannot
rival us in producing finely finished ar.
tlcles~- underwear and hosiery that are
made to fit right and wear we'll. Amer
lean manufacturers are putting forth
strong efforts to please foreign buyers
to provide them with precisely
what they want in the form of goods,
manner of packing and prompt deliv-
erie The shipping situation has i'm
proved and is bound to become more
satisfactory
Foreign buyers are fairly treated in
the matter of prices, the benefit Of
the recent drop of rs per cent in cot
ton hosiery from the high point of July
having been accorded to them. Though
the current price level is higher than
that of the pre-war days, further re-
cessions are improbable, because every
thing that enters into the manufactured
product-that is, labor, raw cotton and
cotton yarns-are now more expensive
than they were in 1914"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
Luxuries Not Determined
BY Present Day Prices

Leather suit case and bag manu-
facturcrs were particularly interested
in the developments at WASHINGTON
yesterday in regard to the repeal Of
the tax on semi-luxuries. Thew re-
ported that even the prospect of this
portion of the revenue act being re-
pealed had acted az a stimulant to
business. These men, who are organ
lied into the Suit Case and Bag Man
ufacturers' Association, have commended
oil along that valises, travelling bags,
suit cases. etc. costing more than S25
could not be considered in the luxury
class, as with the present cost of ma
terials and labor entering into the
manufacture of COW hide bag mer-
chandise at that price was common
place.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
Deere & Co.'s Income Larger
Earned 1882 a Share on Com.
mon Stock i'm 1918

The annual report of Deere g. Co.
for the fiscal year ended October 81,
1918, discloses total earnings of ST.
980,152, an increase Of $4,000 23 over
the preceding year. Expenses, includ-
ing Federal taxes and depletion, aggrc-
gated $3,145, 165, or $2,226,O6O more
than for the year before. Net income
of $4,S34,987 was equal, after the deduc-
ton of $2,450,O00 for preferred div-
dends, to 1882 share earned on the
$1,000, 400 common stock, against 3d.
$4,000, or $13.4S share earned in
1917. Surplus of s2,384987 was added
to previous balance Of $9,847, sos EiAk-
ing a profit and loss surplus of s12,-
1872 .592.
President Butterworth, in his report
issued yesterday, stated that nc
changes were made during the year in
the amount of preferred and common
stock outstanding, although the com
pany now carries in its treasury $405,-
900 par value of preferred stock, all OF
which has been sold to employees on The
monthly payment plan. He also said
that aside from the purchase of the
Waterloo Company and extension of its
plant, the principal capital cxpendi-
lures during the year were for in
creased facilities at the John Deere
Harvester W forks.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
Prepares for Large Export
Trade in Cotton Knit Goods
Commission Man Says American Mills Can Sell
World Underwear and Hosiery Cheaply as
Any of Their Compe ttors in Other Countries

The world needs the manufactured
products of the United States. But
when will Europe and the other divis-
ions of the globe become large scale
customers? Opinions vary. Some ex-
porters affirm that European buying
will not assume large proportions until
the articles of peace are signed ;
others declare that trade with the
countries beyond our borders will not
materially expand until uncertainty
about prices has passed, and still
others assert that the former bellig-
erent nations Of Europe must produce
they can buy in robust way from the
United States.
But even those who have their doubts
as to when establishments will have
been worked out are going ahead with
plans to cater to the needs of the i'm
porting countries of the world. Amory,
Brown & Co., we'll known drygoods
commission merchants of New York,
having visualized conditions, have
started after export trade with VIM
Europe eVlu OOuCn America are recelV-
ing their attention. They have organ
lied new department, one that is to
take care of export trade in hosiery
and underwear. w. J. Thompson, who
is in charge of the department, when
asked to estimate the potential export
trade, stated yesterday that his firm ex-
pected to do a thriving business in
hosiery and light underwear this year.
Satisfactory orders already have
been received from England, Norway,
Sweden, Denmark, Cuba and all Of
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28

Commercial paper is moving more
freely, but the rate is higher. 1t is
now 51a per cent, and some brokers
say that is the rate for all paper.
Others would give the range from 5A
to 51a. What has happened is that a
number Of brokers who have been car
rying paper at 81 per cent have finally
marked it up to 51a and are disposing
of it. Even the New York banks cvince
curiosity at that figure. Small amounts
of paper at ~ per cent are sold out
of town, and brokers even boast that
occasionally they can sell to New York
banks for 81. Prime names, indeed,
still command such a rate. The paper
of a prominent meat packing concern
was offered in the city yesterday at 5
per cent.
There has been a tendency in the
last year, which may make itself felt
more when the present abnormal con-
dition has passed, for New York banks
to take a greater amount of CONNER
cial paper than formerly. This has
been brought about by the Federal Re-
serve system. Country banks have
been dealing more and more directly
with the Federal Reserve Bank, and
because of this have withdrawn de-
posts which they kept formerly with
New York correspondents. To recoup
their losses from this source New York
banks have been charging their pur-
chases of commercial paper.
The firm which on Wednesday raised
the rate on bank acceptances Lie of
l per cent yesterday put the figure
back to the old level. The firm ex-
plains that it hoped to uncover de-
mand at the higher level, but, finding
none, abandoned the attempt. Other
dealers, however, complain that this
! action was an unsettling influence
which hurt Wednesdays market. Apart
from that the market has been better
this week than it was two weeks ago
and fair demand is looked for too day
Dealers argue that they are trying tc
establish a discount market in this
country, and such a market cannot be
established if the rate is too high
The figure is already about 1 per cent
higher than London.
1t is extremely difficult for dealers
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
The Tribune's Page Of Business News
q. S. the School for
British Merchant Prince

The son of Sir Woodman Eur
bidge, one of London's merchant
princes, will arrive in this coun-
try early in April to gain prscti-
cal experience in American de-
partment store merchandising
methods. The young mans father
is head of Harrod's, Ltd, con-
Quoting large retail establish.
ments in London and in Bu2Nos
Ayres, Argentina.
Young Mr.. Burbidge will be-
gin his American merchandising
career in the New York store of
John Wanamaker, it was said
yesterday by William D. AFer.
Harrod's American agent. No
one could be found at the Wana
maker store yesterday who knew
anything concerning the repcrts
that Mr.. Burbidge would take his
American training there. It was
said, however, that the most cor
dial relations existed between
Mr.. Wanamaker and Sir Wood
man Burbidge, and that if ti.e
latter was sending his son &c
America it was likely that he
would select the WanamnAxr
store as school for the young
man.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
TELEPHONES:
Beeknan 8243
Beeknlan 5000
Steel Men Discuss
Redield Price Policy
Gary Says Industry Is No, So
Badly OFF as Is
ReDorted

Judge T. II. Gary, chairman of Tho
board of directors of the United States
Steel Corporation, declared YESTERDAY
that the steel industry is in bette
condition than reports in some ono,
ters have tended to indicate. He ale.
made the statement that prices or.
we'll maintained, and that there is leSs
unemployment throughout the countrv
than we would be led to believe
through some of the publications..
These statements were made follow.
ing a meeting Of the directors of Tho
American Iron and Steel Institute os
which Judge Gary is president Six
teen steel men were present at the
meeting, and there was a general dis.
cussion Of the steel situation.
The meeting was regarded by the
iron and steel industry as being i'm.
portant, in that it was expected that
the proposals of Secretary Redfleld fo
take up in the different lines of in
dustry questions with respect to read
justment would be considered. The
only comm 9nt which Judge Gary would
make on the proposals Of Secretary
Rediieid was contained in the state.
ment which he issued after the meet
ing, and in which he said that George
N. Peek, who had been mentioned AZ
chairman of the board. was present
and that Mr. Peek Stated at some
length what was on his mind and
asked for the cooperation of the steel
industry
Judge Gary said that the steel in
dustry favored cooperation, but there
was no opinion to express or any
formed beyond that point.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
Better Grades of
Cinghams in Demand
Materials Used in Making Waists
Affected by Labor
Troubles

Several of the larger concerns in
the drygoods district yesterday re-
ported that the mails had brought in
somewhat larger orders from the
West. The demand for ginghams that
are sold under we'll known trade
marks was noticeably improved, and
one leading commission house reported
that jobbers in the Southwest lad
placed recorders. Trade in the lower
grades of ginghams was inclined to
lag, but as the supplies of high class
goods are scarce, buyers may be forced
to take the less popular materials.
Some concerns reported yesterday
that the West and South had taken
pillow tubing, from which pillow cases
are cut, in fair quantities.
Demand for unfinished fabrics was
of the small lot variety.