davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-05-06
Large Assortment of
Cheaper Furs Sell Well
Sales at ST. Louis Auction for
dav Exceed 81. .OOn.O 600

ST. LOUIS, May 5.-More than 5OO,-
600 pelts were sold at auction here to-
day for S1,149, 9,843, bringing the total
transactions so far on the present sale
up to S6,667,775 Patagonian fox skins
advanced 10 per cent. according to the
official market announcement, and Ar
gentine fox 20 per cent in price Aus
tralian wallaby pelts increased Is per
cent, Australian ringtail opossum, 60
per cent; Australian opossum. SO per
cent; Persians, 25 per cent; broad
tails, 10 per cent; wolverine. so per
cent, and ermine, 20 per cent Nutria
remained Unchanged
The day opened with 1900 Patagonian
KIT fox, which sold in a few minutes
for $4,771, the prices ranging from 25
cents to $310. Seven thousand Argen-
tine fox sold we'll, opening at S190,
going up to SO and down as low as 40
cents. The lot brought $10640.
Australia entered 5000 wallaby, used
mostly for leather. which sold rapidly
from so cents to 1886. Wombat went
quickly, opening at s1.55 and selling
down to 81, and then rs cents. The
collection of 1920 sold for 81 ,992 Keen
bidding was heard on $4,000 nutria,
which opened at 1920. The top price
was $3.50, and the lowest 20 cents. The
bulk Of selling was from s135 to $2.25.
Foreign buyers were not interested in
this class of fur.
Fifty thousand Australian ringtail
opossum opened at 38 cents and sold
as high as $1.85. The collection
brought over $4,000. Then 26O, 900
Australian opossum brought extremely
brisk bidding, choice blue pelts selling
at $3.50 down to $4.70. The lesser
grades sold from Sl.25 to 1925.
The first large collection Of Persans
offered on this market for few years
attracted much attention. New York
buyers took practically all, and the
2,700 collection sold for s32, 800.
A collection of 5000 broadtails went
in a few minutes for 1928, ,450, and 25C
wolverine went for about $4,000. One
hundred thousand crmine, including
white, gray and summer crmine, were
offered. Choice lots sold at 1885, and
by easy stages down to 1926 for lesser
grades The bulk of selling was from
81 to sl.85, with the lowest grades sell
ing at few cents. The collection to-
tailed s148,8 1874.
New-York tribune., 1919-05-06
Leather
Shoe Orders Long Held
Up by Brooklyn Strike
Raise Question

With the strike in the BROOKLYN shoe
factories clearing up and several Of
the plants working on a 100 per cent
production basis, shoe retailers are in
quandary as to whether they will
De forced to accept orders placed some
Time ago for spring shoes. When the
factories closed they were in the
helght of their Easter season produc-
Jion. Progress on this work has been
held up Tor many weeks, during which
ehe retailers turned to other sources
loT supplies of seasonable stock.
1T was explained yesterday that if
the factories had already cut the
uppers for the orders in hand when
the strike developed the retailers will
ne expected to accept delivery. although
the shoes received will be out of sea
son. Because of the shortage of high
grade ladies' shoes, however. it is be-
lleved that the retailers will not hest
tate about paying for these shoes. One
dealer declared yesterday that last
June be placed an order with a Brook
llyn factory for shoes to be delivered
IN December, but that he has not re-
celved them yet.
New-York tribune., 1919-05-06
To Push Waist Trade
In South America
Manufacturers Here to Use
Progressive Methods in
Drive for Business

EXpositions and other modern meth
DDS of introducing merchandise into
new markets will blaze the trail of
the American made waist for the wom-
en- of South America. L. Pauly-Panker.
of Buenos Ayres. Argentina, and Sol
kronenberg, q local waist manufacture
er, soon will leave for Argentina and
Uruguay to start this trade drive. They
Will represent a number of the leading
waist manufacturers in this and other
cities.
The decision to go after South Amer
ican trade in a forceful manner was
reached after the United Waist League
OF America, a national association of
waist manufacturers, had made a can
vass OF the South American field.
Mr. Panker is of the opinion that
American manufacturers should deal
directly with customers in South Amer
lca and eliminate the importer. He saws
the South American customer is willing
to do business upon sixty to ninety
day trade acceptance basis. Argentina
and Uruguay, in the opinion of the
league, offer the greatest possibilities
for American trade, because of their
wealth and social advancement. Little
ready made clothing for women is made
in South America.
New-York tribune., 1919-05-06
Chemicals
Alkali Export association
viii Seek Reduction of
Ocean Rates

Reduction Of ocean rates to place
American dealers in alkalis in posi-
tion where they can successfully COM
pete with foreign dealers, will be the
first object Of the United States Alkali
Export Association, just organized
under the laws of Delaware The as
sociation aims to secure the coopera-
tion for the benefit of the trade gen
orally of every caustic soda and soda
ash producer in the country.
Exports of soda ash and caustic soda
are increasing, Japan at the present
time being a heavy purchaser of the
latter chemical, and the association
aims to facilitate in every way possb
the shipments of these commodities to
foreign markets. While no definite
steps have been taken toward foreign
representation, this will undoubtedly
be an early development.
Some of the stockholders Of the new
export organizatiorA which has been
formed under the Webb Pomcrene bill.
are the Republic Chemical Company,
Solvay Process Company. Columbia
Chemical Company, Michigan Alkali
Company, Pennsylvania Salt Manufac-
turing Company and Hooker Electro
Chemical Company. The Offices of the
association have been established at III
Madison Avenue.
New-York tribune., 1919-05-06

difficult. Many shippers have suffered
from changes brought on by the war.
Profits have been cut in many IN
stances and available cash is limited.
Moreover, the war being finished, we
are handicapped by the absence of
excitement and enthusiasm.
"But, to borrow the words of Carter
Glass, there are still one and a half
million boys in France and Germany
uphoiding the honor of the American
flag, and surely none of us at home in
tends for one moment to desert those
boys. Until their task is fully accom-
plished they must be fed and clothed,
and when the authorities decide their
presence along the Rhine is no longer
essential money will be needed to
transport them back to this country.
"The present loan gives each of us
an opportunity to express our apprecia-
tion for the victory to which the armed
forces of this nation contributed such
large share, and even if the Victory
notes being offered by the government
to clean up it's war programme were
not the best security ever placed on
the market refusal on the part of any
real American to respond to the ap-
peal for financial support being made
to the nation at the present time is
not understandable"
New-York tribune., 1919-05-06
Shortage of Sheepskins
SUueeZes FOREIGN Dealers

Foreign dealers who accepted large
orders for goat and sheepskins sew
eral months ago now find themselves
oversold, owing to the acute short
age, and are making desperate efforts
to obtain material with which to
cover their sales.
One local importer yesterday re-
ceived cablegram from Madras, In
dia, informing him that no purchases
Of goatskins could be made in that
market at this time Prices are con-
stantly advancing, with little raw
stock IN sight, he was told The
Madras prices that were quoted him
in yesterdays cable showed that
goatskins had increased from 40 to
80 cents each during the last few
months. During the same period
sheepskins have gone up about 56
cents each.
Shipments of hides and skins are
regularly received from Argentina by
importers here, but the quantity of
the stock coming to hand is compara-
lively small. 1t is said that one local
dealer has good sized orders on six
ships en- route from Buenos Ayres
and Montevideo, which should reach
New York early next month.
New-York tribune., 1919-05-06
Business Money!

Brokers still have the same dis
heartening experience in trying to
incite business to borrow. They wire
their clients, telling how cheaply
they can get funds for them. Their
clients wire back: Sorry; we cannot
borrow any money just now. Our
requirements all taken care Of" Thus
the scarcity Of paper continues.
1t is this scant supply which prompts
paper brokers in their continued pre-
dictions of easier money rates. Thev
assert that even the banks admit
money is going to go lower. This is
the last week of the Victory Loan
campaign, and paper brokers are hope
full that change may come in the
market. For months their predictions
OF betterment have been Conditional
On the clause when the Victory Loan
is out of the way
Some brokers yesterday found busi-
ness quiet, and thought that possibly
had some connection with the quasi
holiday tomorrow. Other dealers
found that uptown banks began TO buy
good deal, and increased demands
came from Pennsylvania, Chicago. De-
trolt and other Western centres.
The rate is quoted at a to s II per
cent with most paper going at the
lower figure. Brokers are selling
some paper, of unusual names and
short maturity, at s PEI cent. at is
market where you can sell and can't
buy" says one broker.
According to the monthly circular
New-York tribune., 1919-05-06

of the Mechanics and Metals National
Bank, our huge wheat crop may alb
sorb a large amount of funds in NOV
ing. "The country's large gold re-
serve and the smooth functioning Of
the Federal Reserve system are ele-
ments in favor OF an easy money mar
ket,' it says. But, on the other hand.
the burden Of financing our expcr-
trade henceforwarsf will more than
ever be borne by the money market.
The Victory Loan financing will carry
right through until autumn. Presum-
ably the government VIII undertake
further borrowing from the banks, at
an interest rate that Will autonatc-
ally establish minimum level for the
employment of funds. In addition, it
would appear from present indications
that the railroads. wall be compelled
to rely for further temporary fnanc-
ing on the moncy market"
Despite the extraordinarily low rate
for call money, which opened at "a
per cent and declined to 314 the low
est rate in more than year, some
of the largest dealers complained that
the acceptance market was quiet. 1t
frequently happens that low rate for
call money will not have its effect
on the acceptance market on the first
day: Other dealers, however, found
business good, though new bills were
hard to obtain.
Fifteen to sixty days prime trade
acceptances were quoted at and 51A
per cent; sixty to ninety days, S and
o7a per cent; indorsed trade accept
ances, 4hs per cent, all maturities.
New-York tribune., 1919-05-06
Silks
Possibility OF Garment
Workers. Strike Does Not
Disturb Silk Trade

Reports regarding trade in silks yes
terday were not all of the same tenor
Heads of some leading concerns stated
that buying had diminished, while
others asserted that demand continued
active. 1t was quite generally agreed
that satin faced fabrics were in brisk
request for immediate as we'll as fut-
ure shipment, and manufacturers of
clothing for both men and women were
reported to have placed large orders
for Innings. In most cases prompt de-
llveries were requested. Jobbers also
were reputed to be good customers for
the satin faced fabrics, which, accord
ing to many Of the sales agents, are
to be in vogue the coming autumn.
Local manufacturers of dresses
seemed to be concerned about the pos
sibility of a strike being declared by
their operatives, and some were not
Many Of the silk statesmen, however,
did not attach a great deal of impor-
tance to this new threat of labor trou-
BILE, declaring that the cloak and suit
industry no longer is wholly centred in
New York, Chicago, Cleveland, Boston
and Philadelphia being large manufact-
uring centres.
Some of the silk mills, mainly those
which deal direct with retail dealers,
were reported to have sold their out
puts as far forward as October next.
Liberal orders were received from
Canada and Argentina, and one of the
leading concerns stated that 1t could
not promise to supply more than s per
cent of the quantity desired by the
South American country All of the
foreign buyers stipulated that as the
goods were wanted at the earliest date
Shipments would have to be made at
New-York tribune., 1919-05-06
JeaUeIlers' Tan Returns
Due at End Of Nav

Jewellers have been informed by
Secretary Fred c. Backus, of the Ma
tional Jewellers Board of Trade, that
the first return which they make to
their local collector on the sale of jew
elry, watches, gems. silver, silver
plated ware, opera glasses, etc, is not
due until the end of this month.
Where goods have been purchased and
the taxes paid on the sale of articles
during April and these goods are re-
turned to the dealer by the customer
alter the jewellers report to the Col
lector DIS in the jeweller may deduct
the amount of the sale from that of
the next month when he makes his re-
turn.
In the official bulletin of the board
Mr.. Backus presents late rulings COW
ering the tax on pens and fountain
pens and glassware. In these rulings
1t is pointed out that fountain pen,
ornamented with precious metal bands,
or covered entirely with precious metal
or imitation thereof. is taxable; a
plain fountain pen, consisting of a
rubber holder and containing a gold
pen or nib, is taxable; a gold pen or
NIB sold separately from holder for
replacement in a fountain pen, is tax
aple' lCuntaln pen with precious or
imitation precious metal self-filling de-
vice, and precious or imitation pre-
clous metal attachment to hold it in the
pocket, but not ornamented in any re-
spect, IL taxable; a metal pencil made
or covered with precious metals or any
imitation, In any size or dimension.
whether or not there is ring or loop
attached thereto. is taxable.
Ordinary cut glas is not taxable
under Section 905. However, if cut
glass is ornamented, mounted, or fitted
with precious metal or imitation there
OF, it is subject to the tax Of per
cent, imposed under this section.
New-York tribune., 1919-05-06
Take Steps to Prevent
Another Cloth Hysteria'
Manufacturers and Mill Agents
Keep Fabrics From
Spectators

Speculative jobbers of woollens and
worsteds will find it hard to bring
about wartime conditions in the mar
ket, according to some of the leading
selling agents and clothing manufact-
urers, who are determined to stop, or
at least as far as possible prevent
speculation.
Although no concerted action has
been taken, jobbers are finding it diff
ticut to obtain sufficient quantities
of goods with which to speculate.
Clothing manufacturers say that they
have been approached by jobbers who
have offered them big advances for
orders placed with the cloth mills.
During the war the clothing manufact-
urers were inclined to listen to these
jobbers, and in many cases turned
over their confirmed orders or the act
ual yardage in cloth from their
shelves to the spectators, being forced
later when cloth became more scarce
to buy it back at exceedingly high
prices.
Having learned their lesson, the man.
ufacturers say they will hold on to
all the. cloth or orders now in their
possession. The leading mills have re-
fused to sell many of the jobbers and
spectators with whom they formerly
did business. They say that their pro
duction of fall fabrics will not be
sufficient to take care Of the require
ments of their regular customers
among garment manufacturers, and,
therefore, they have cut the jobbers
off their lists. While it is impossible,
the mill agents say, to prevent some
goods. falling into the hands of the
spectators, there will not be a re-
currence Of the "cloth hysteria" of last
year.
New-York tribune., 1919-05-06
COrsets Are Underwear
Roper Tells Merchants
Rulings by Internal Revenue
Collector Help to Clear Lux
urv Tax Muddle

For the time being, the Bureau of IN
ternal Revenue rules corsets are un-
derwear and as such will be subject to
a 10 per cent Federal tax when they
exceed S5 in value. This is the latest
word on a mooted question given by
Commissioner Roper of the bureau to
representatives of retail associations
and stores.
Other new rulings on interpretations
of the luxury tax of interest to mer-
chants and consuming public alike are: {:
The introduction of new material in
fur repairs renders the entire
operation subject to the fur
tax of 10 per cent; professional
shoppers and purchasing agents who
are given discounts by retailers will be
charged with the tax on the full
amount of sales and not upon the net
price after the discount is deducted,
employees the tax is to be computed
only upon the basis Of the amount
actually paid for the merchandise
The retail representatives convinced
the commissioner that it would be al
most impossible to lump the returns
according to departments or even
larger classiications. If separate re-
turns had to be made for all taxable
sales of mems neckwear, hosiery,
shirts or paJamas it would have en-
tailed endless labor, the retailers say.
One New York merchant estimated
that such detailed return would cost
him about $500 a week extra in cleri-
cal hire and would not add one cent to
the governments revenue.
In several of the subdivisions of the
luxury tax section merchandise for
women and misses is mentioned
specifically. The bureau holds the
opinion that in these cases merchan-
disc for girls will not be taxed, and it
is expected that the bureau will define
the. age limit when girl becomes a
miss"
New-York tribune., 1919-05-06
Delaying Fall Sales
Makers of Mems Clothing I'm
able to Get Sample ~C,lis''

Obtaining cuts" Of woollcn and wors-
ted cloth ordered from the mills from
woien - Taase up their fall samples
r. the chief worry Of the mems cloth
M manufacturers. It. is customary in
the piece goods trade for the mills to
deliver sample cuts IT cloth ordered by
Inc clothing manufacturers in advance
of the regular deliveries In order TO
enable the manufacturers TO make up
their samples. This year deliveries Of
cloth are extremely late. Clothing
salernen should have been on the road
win samples month ago, but in many
cascg the manufacturer have been
unable u obtain even their sample
"catx'
One prominent Philadelphia clothing
manufacturer solved the problem BY
canning n the Ncw york salesroonns
~ mills aod taking back his samplc
e1te with him. Others are said 10
hsvs ssnt men 70 the mills tram which
znsy eresfee cloth ir ar efort u oh.
tasa kaeir sAsaxSe elt@.
New-York tribune., 1919-05-06
Rubber
Heauy Arriuats Further
Depress Prices for
Crude Rubber

Continued heavy arrivals Of crude
rubber from the Far East caused i'm
porters and dealers yesterday to dis
pose Of holdings at prices lower than
those prevailing last week. Rubber at
the docks in New York is selling
cheaper than material now on the way
from the plantations, this condition
being brought about through the de-
sire of local dealers to save storage,
insurance and other charges which
would be incurred if the rubber was
held for higher prices.
Manufacturers are still showing lit
tie interest in the market. purchases
being made only when dealers grant
price concessions. AS the large users
are known to have supplies enough on
hand to last them for some time, deal
ers arc candid in stating they do not
expect much revival of activity until
1t becomes necessary for manufacture
ers to replenish stocks in their bins.
The larger part of the crude rubber
accumulated in the Far East during
the period when imports were re-
stricted, it is believed, has now reached
this country and decrease in arrivals
here rs expected henceforth
New-York tribune., 1919-05-06
Metals
Calumet and HecIa Con.
per Co. Cuts Produc-
ton so Per Cent

Lack Of demand for copper has
forced further reduction in mining
operations, say dispatches from Hough-
ton, Mich, indicating that 1000 en-
ployes of the Calumet G. Hecla and sub
sldiaries have been laid off following
an order to reduce production of the
metal 80 per cent.
There is no disposition on the part
of producers to reduce prices. desnite
the dulness of the market, but con-
sumers, many of whom have come to
the conclusion that the price of copper
has reached its lowest point, still are
not inchned to buy except to cover
their immediate needs.
Large producers continue to quote
lbs cents pound for the metal. while
the smaller sellers are holding their
stocks at practically the same figure
The lead and spelter markets remain
dull and unchanged in the absence of
demand
New-York tribune., 1919-05-06
COIors
Larger Quantities Of Paint
Being Sold Both for Ex-
port and Home Use

Export demand is increasing for the
cheaper qualities of dry colors used in
the manufacture of paint. The prac-
tice Of offering goods for export at
lower prices than those quoted to
domestic consumers is said to have
been discontinued.
Domestic demand for paints is
steadily increasing. This is especially
true Of the New England territory,
though there is evidence of q better
general demand in all parts of the
country.
Construction work in this country
and reconstruction in Europe are ex-
pected to bring result in the heaviest
business that the paint industry has
seen in many years. Overtime work
has been begun in several plants, and
it was said by one of the leaders in
the trade yesterday that night and day
forces would likely be put on in many
plants in the near future.
New-York tribune., 1919-05-06
t,rs
Fur Statesmen Starting
Out on Road With
Fall Suy,sDIes

BY the end Of this week most OF tho
travelling salesmen representing fur
manufacturers will be well started on
their selling trips with fall samples.
A few Of the salesmen already have
taken to the road and have reported
initial orders to their principals. In
most cases these orders, while small.
are most encouraging.
The Federal tax Of 10 per cent or
manufactured fprs is delaying buying
By the retailers to Il certain extent
Many Of the latter have decided not to
pace their orders nov in the hope that
the tax will be repealed if Congress
mecta in extra session in June. Sew
eral Of the large manufacturers have
Informed their customers that in case
the tax is repealed provisions have
been made for rcfunding all tax paid.
New-York tribune., 1919-05-06
Opens Bureau to Help Waist
Men Find Factory Loft.

To assist its members among waist
manufacturers who wish to find larger
quarters to house their expanded bust
nesses, the United Waist League of
America has instituted a loft bureau.
A complete list Of lofts available for
the manufacturing of waists has been
compiled by this bureau. Local gar
ment manufacturers desiring to move
are finding it increasingly difficult to
obtain new quarters and it is expected
some of the other trade associations
will take steps to aid their members
obtain new homes
New-York tribune., 1919-05-06
Raw Silk Still Climbing
Light Trade Is Reported in the
Local Market

Although buying of raw silks yester-
day was light, cables from the prin-
cipal centres in Japan and China indi-
Gated that prices had advanced 5 to 30
cents a pound. Dwindling supplies in
the Orient were held to be responsible
for the advance all around. 1t was re-
ported that the Japanese grades were
dearer than in the fore part of Au-
gust, 1917. Tassah, wild silk Of
brown color and produced in India and
China, was said to have advanced 30
cents q pound.
New-York tribune., 1919-05-06
New Airplane Fuel May
BE Used in Automobiles

Development too late for use in war
time Of amotor fuel which adds ten
miles an hour to the speed Of airplanes,
mobile racing has been announced by
the Bureau OF Mines. The liquid, a
combination Of benzol and cyclohaxane
called hector, costs about 81 "A gallon.
While Of military value, it is not re-
garded az practical for commercial
purposes.
Another combination developed by
the bureau. consisting Of bcnzol and
gnsolcne, has been found to be moro
powerful than gasolcnc alone, and is
expected To prove Of value in industry
The comparative scarcity Of benzol
makes It's production to supplant gaso~
'sns on a large scalo improbable at
present.e-Amcyican Muchinsst.