davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
Britain Still Leader
In Making Cotton Goods

The Guaranty Trust Company has
issued booklet explaining the chief
processes of the cotton industry from
the grower to the consumer. 1t is
called "The Fabric Of Civilization, q
Short Survey of the Cotton Industry
in the United States" The book re-
lates that, though the United States
produces more than half the cotton
fibre rrown in the world, the leader
ship in manufacturing is held by Eng
land, whose spindlage in the year the
war began was almost twice that Of
this country The opportunities now
open to American manufacturers to
extend their sales in foreign countries
are discussed in a separate chapter OF
the book.
"fhe war served to disarrange the
system of cotton cloth distribution Of
the whole world" the booklet says.
at is now u commonplace to say that
the United States, by the cutting OFT
Of the usual sources of supply, sue
cceded for the first time in entering in
force markets which hitherto had been
closed. 1t would probably be truer to
say that foreign buyers, finding it i'm
possible to secure their customary sup
ply from their regular sources, came
70 the United States and asked Ameri-
can manufacturers to supply their I'M
perative wants.
Just what this meant is found IN
the statement that while in 1913 our
total exports of cotton goods amounted
to about 445, 0O0O 900 yards, in 1917 the
figure was about 600 100000 yards, an
increase of ffty-hve per cent.
"The United Kingdom, during 1917!
exported nearly 5,000,000.000 yards OF
cloth, so there is no immediate pros
pect that the United States will be
dangerous competitor for that country
except in few limited lines and in a
few markets The chief gain to the
American cotton industry brought by
the war was the opportunity it gave
merchants to introduce their goods
broad at time when loss was next to
impossible. Operating at an assured
profit they were able to learn the mar
kcts without the long and discouragine
fight which would have been necessary
had the competitive power of the other
nations been at full force. If, as
seems likely, the economic forces
which projected the United States sc
suddenly and dramatically into the
worlds markets shall continue to op'
crate, then the future will see {
further development Of our sales"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
German Cotton Men
Want independence
New York Tribune

European Bureau
BERLIN, Oct. 15.--Thc attitude of
the Berlin cotton trade toward the
reported plan for establishing an
American bank at Bremen for financing
the import of cotton into Germany
'"Nn tie basis of three-year credits
indicates that the merchants of that
city do not yet regard themselves as
reduced to position of complete i'm
potence. A Bremen correspondent of
the "Dcutsche Allgemeine Zeitung," o.
Berlin, after referring to the finarc'
features of the project, writes as fol-
'ows:
Even in this form, the financing plan
for Germany's cotton imports would
mean our subsection to foreign finan-
cial power, the scope of which could
UGH business operations begin 1t
appears to be case Of offering credit
borrower who, when he accepts it.,
must be in position where he has no
other alternative. But such is not the
case. The Bremen cotton trade. is
strong enough to import on a sounder
basis the cotton needed by Germany.
and 1t sees no occasion to surrender
a large part of the liberty still left
to Germany's overseas trade through
free business obligations toward a for
eign financial power. 1t is to be feared
that such development would gradu
ally grow up out Of the plan promised
for financing cotton imports.
at would be mistake and useless
for the Bremen cotton trade to discuss
publicly the ways and means for Sc
curing the raw cotton required by
Germany's textile industry, which it
regards as right and suitable for it to
adopt. From it's silence, however, it
must not be concluded that it is
asleep. The contrary is shown, by the
fact that cotton ships are already on
the way from American ports to
Bremen. The cotton on hand in Ger
many, added to what is af1oat for Ger
man account, is quite enough to cover
the present requirements of German
spnners Moreover, the Bremen cot
ton trade has at hand the means for
bringing forward whatever quantities
of raw cotton may be needed through
a revival of the textile trade, especially
in view of the fact that the restric.
tons upon it's freedom of action will
now be removed through the abolition
| of the ordinance controlling foreign
| cxchangcs"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
SI!KS-Jobbers
Make Large Sales

Upward tendencies in the worlds
raw silk markets are stimulating buy
ing of finished goods During the half
days business yesterday silk jobbers
who had goods to offer made large
sa es to retailers and garment manu-
facturers. In some cases where the
dress manufacturers wanted black
goods and were unable to find them
they took colored materials, which
they will have dyed
Few mill agents are in position to
take more orders, even for spring
goods, and many of them refer in
quirers for goods to the jobbers. Sew
eral mill agents said yesterday that
they had been offered business as far
ahead as the fall of 1920, but had re-
fused it.
Garment manufacturers are insisting
on the cary delivery of spring silks.
They desire to begin their spring sea-
son earlier than usual this year, and
III addition feel that if they have the
goods in their establishments it will
prevent sellers from arpropriating
Goods from one order and giving them
to another and later order at higher
prices.
Raw silk continued firm at the
higher prices established earlier in the
week. Most sales were for January
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
Business Troubles
Petitions in Bankruptcy

Petitions in bankruptcy filed in the
were as follows:
Fl. p. WORTH co. INC.--Involuntary
petition against II. p Worth Co, Inc. iii
Reade Street liabilities and assets nor
stated. Attorneys for petitioners. Lesser
Bros. 299 Broadway.
DURELL. GREGORY & CO.-Involun-
tary petition against Durell. Gregory &
Co. II Wall Street; liabilities and asset 8
not given. Principal creditor, Herman
Enrhardt. $4,000 Attorney for petit
TONER. Louis II. Moos.
WILLIAM P. Observation-Disclosures
petition against William =. Schramm. at
125th Street and I.enox Avenue; liabili-
ties. $4,000; assets not given Attorney
for petitioner. Eugene l.. Bondy. 3s6
n-,itc On KAMPF-voluntary petition
by Baruch Kampf. of H. West Seventy
nil. Principal creditors: b. Offner. s40G
V. Badinelli s303; Western Flower and
Feather Co. $3.50. Attorney for petitioner
IL, n...d -.athan. 400 Broadway.
BACHENHEIMER x LEDERER-In-
voluntary petition against Bachcnheimer
" Lederer, OF b75 Third Avenue. Liabil-
tiles and assets not given. Principal cred
itors: Wilson g. Co. Inc. $1.4l4 Maggie
Packing Company. s773 Guthfried Oiyin-
pla Market. $500 Attorneys for petitioner
Dashen & Barnett, 10 Park Row
FRIDA Observation-Disclosures. - Voluntary
petition by Frida Iieldcburger. OF 400
Riverside Driver liabilities $2s.S79; as
sets. $4,000; Principal creditors. the Sea
mans Savings Bank OF New York. xl9.i54
Nannctte Miller, $4,000: Lawyers Mort
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
rrlces of Women's
Apparel Declining

~ ports OK the breaking Of nrices in
AVA rohehs Wholesale apparel market
mr.. 'ecoming more numerous Wi q
h. manufacturers frankly admit thai
iise No, are not buying ncrchan-
.on.s ao". rev Of them are willing to
10 20 thas prices have been shaded
,s, ih.muiate business. Reports per.
s.r. s.owevcr. that GONE of the larges,
@, .sct1rers and jobbers in fhc mar
~. 'e makiny concessions to bio buy
some OF the price reduction
es nng to 30 and 40 per cent.
,n.I.' q. manufacturers operated cautj-
sei.y. 'niS year ard cut w only guf
bont. goods 70 FIJI orders on their
aow ihey have no stock on hand
tasi. ano IN most cases can dispoEe Of
r.. a"cut piece goods at a profit.
,,a,, present situation haa been
. n..suwyns about by poor retail buaincss
smmriboted by some 70 ,hs c Dn,;,oea
tussi -. wsssher ard by others 70 the re.
prices. "'"'eh 70 pay current high
lin n addition to the unfavorable co,di.
d. .a.ilned, the trade is facing fur.
,..r,. s'agnation which In cxpcctcd +,
ss,r.. IIom the government ineDirn,
,r r against buying. Mapufsctur
sxn,. .na retailers admit that The large
n h. n Of sa'es Of women's wear
yparet arc made through the ztyl.
ssp nnssI, shd that II the women 81 III,
s n.y. need the governments advic.
s.rt attSnsse only clothing that is es
hrs ~ M sntiys trade will suffer ,
$780,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
COTTON COODS-Prices
Hold, Though Trading Subsidies

Although trading in the cotton goods
markets was not as active yesterday as
earlier in the week, prices were he d to
former levels. Standard gray or un-
finished goods of the 64-6Os construc-
ton continued to sell at 10 cents. Con-
verters and printers took them at this
price, both for use the rest of this year
and on into January, February and
March. Buyers feel safe in taking
goods on the rising market, since, Il
the speculative element runs the mar
ket higher. they can sell their goods in
the gray without finishing them and
still make a profit
Most of the sales being made now,
brokers believe, are founded on the
actual need of merchandise. Jobbers
and mill agents are besieged by buyers
anxious to otain goods both for i'm
mediate and future use. The rtai
trade reports brisk business and low
stocks Western jobbers are said to be
almost sold out Of merchandise and are
trying to obtain more.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
JEWELRY-One-Day Clock
Prices Advanced

An increase of 10 per cent in the
wholesale price of what are known as
one-day clocks was made yesterday by
a large clock manufacturing company.
1t is expected that similar advance
shortly will be made by other concerns
Manufacturers report that there has
been no decrease in the number of or
ders received from the trade, but that
through more settled labor conditions
they are gradually increasing their
production.
Much competition continues to exist
between domestic and foreign buyers
Manufacturers, however. are favorng
the home trade in the filling of the ma
jority of orders, even though custom
ers buying for export purposes are
willing to pay higher prices. Eight
day clocks especially are in good de
mand from foreign buyers. Some
manufacturers are forced to sell many
Of these clocks to German buyers in
order to receive shipments of chime
clocks from Germany. A few of these
clocks were made in the United States
before the war, but the cost of manu-
acturing was SO great that manu-
'acturers were compelled to abandon
making them
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
The News of Business

A INFORMALLY high rates for Stock
"A Exchange money served to check
operations in the commercial money
market last week. Buying of CONNER
cial paper and of bank acceptances was
on smaller scale than Of late. owing
to the fact that banks found it more
profitable to take advantage of the at
tractive rates obtaining in the call
money market. The commercial paper
market is likely to continue quiet un-
til the Stock Exchange money situation
becames easier.
An interesting development last week
was the renewal of $5O.O0000O of the
Ford Motor Company notes for an
other. ninety-day period on 5A per
cent discount basis. When the notes
were placed originally last July they
were sold to a syndicate Of banks on
a basis Of 5ls per cent. The reduction
in the rate is fair measure of the
relaxation that has taken place since
last July in commercial money.
Most of the business done in COM
mercial paper last week was on basis
of 5A per cent, with few prime bills
moving at S per cent. The less we'll
known paper went at 5h per cent
Dealers reported short supply of
paper despite the slackening of the de-
mand from the banks. Interior insti-
tutions continued to take the bulk of
the paper offered
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
Government to Sell
Surplus Leather

The Surplus Property Division of the
Office Of the Quartermastcr General of
the United States Army will offer for
sale at public auction on November Ia,
1919, at the zone surplus property
office, large stock surplus leather,
valued at more than $1,500,O00.
Conditions prescribed for this sale
arc similar to those governing previous
auctions held by the government. The
sale will start at 10 o'clock in the
morning and will continue until the
entire stock is sold.
The leather to be offered consists Of
the following amounts: Seven hundred
pounds Of russell harness leather sides
and backs: 100000 square feet of rus
set collar leather, various weights;
$4,000 square feet Of russell calfskins;
20 900 pounds of sole leather backs
$4,000 square feet Of russct strap leath-
or, various weights, and 10 600 square
feet Of Latigo leather sides and backs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
Lace Exhibit

Several specimens of rare laces from
the collection of Mrs. Walter Pulitzer
will be included in the lace exhibition,
which opens at the Bush Terminal
Sales Building tomorrow night. Her
collection includes coverlets, alter
pieces table covers, etc. Miss l.. B.
Englehart, q sister of MS. Pulitzer,
also will show several specimens
from her collection. Enlarged photo
graphs Of faces with evpla~ ~tNry
charts will lie shown by the Metro
poiitan Museum of Art, at tine ex-
kihiAinr
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19

The Ordnance Department Salvage
Board, through the district Offices at
Boston, Baltimore, Philadelphia and
Cleveland, is offering for sale under
sealed proposals quantities of miscel-
.aneous steel, iron, brass, ferro-man-
ganeese and other products. At Phila-
delphia October 2l, % and 81 bids will
be received on steel plate, spring steel,
steel tubing. cold rolled steel, brass,
steel forgings. iron rod and other
products. Mi celaneous brass rod will
be sold at Boston October 90 and %.
At Cleveland October 80 will be sold
ump ferro- manganese, miscellaneous
steel she'll forgings and armor plate.
Belt pad and b ack walhdt ia offered at
p-'';',,~,o 0~tcho- ~ and 30
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19

AKRON, On O'Nen Co; f. b. Good
man sheetings. ducks umbrellas; 81 West
ArLANTA.@c ' $. Robson Furnitur.
Co.: c. 5. Robson. furniture; Alcazar.
BALTIMORE.-s. Levin. mfrs. mems
and d boy boys c ,,g.o ,ns Pennsylvania ~
Co; L. Pubinowich, clothing. furnishing
goods; Churchill
CEDAR RAPIDS. Lac. Denecke. Inc. !:
p. ii. Johnson, gloves umbrellas. station
cry, laces- embroii}eries, fancy goods; 1919
Broa way; BroztcU.
CHlCAGO.-M Hirsch & Co.. NJ Hirsch,
CfiTCAGO2M Mayer. mfrs. clothing:
Commodore.
CnlcAGO.-II Herbst. hats. furnishing
goo $. Pennsy lvania.
CHICAGO.-A. !. Unger Co.. II. Good
man an. clot ing; Murray an. ,..
Continental.
DETROlT.-Hughes z Hatcher Co.: c.
e Perry. RATS: Imperial.
DETROIT.-J L. Hudson Co: }: c. Ro-
scnt al jobs kimonos, knit under~earS
225 FIT Avenu'. room s26.
FAYETTEVILLE N. &C. NJ. Watson
c9 !, 6 NJ wsson saretIes Ac4za1
y. F. Williams drygoois. ladies' chiidren'e
wear. Broadway Central.
HICKORY. n. &c. l.. Shuford. shoesS
LANCASTER. Penn-watt e. shand: G.
Watt. representing: 432 Fourth Avenue
AiIssot-LA. Mont.-Missoula Nero. Col
A. w Wilcox. house furnishings: 3os Fifth
Avenue, Marie AntOinnette.
NONTREA L-Greenshield'a Ltd: L. W.
Anderson. cottons: Manhattan
NEW HAVEN-J Press. tailor: Park
Avenue
OMAHA-Nebraska Clothing Co.: W. L.
Holznan. mems furnishings. shoes. hats;
PennSylN anIa.
PITTSBuRGH-Cun. Levin & Rutten.
berg; l.. L. Mel as. hats, APPS. Claridge.
ROCHEST Ek-Rochester d. G. Co.: J..
A. Fahy. drygoods, millinery. carpets;
PeNnsy lVania
SPOKANE. Wash.-I.. X. l.. Clothing
Store, J. GolisteIn. clothing Pennsylvania
ST LoCIS-Roesch Furniture Co. w.
G. Nolliner, carpets. wall paper; Pennsyi-
Vania.
TOLEDo--La Sale K Koch CO.; a. Koch.
secretary. 90 Firth Avenue. eighth floor.
WILkESBARRE. PENN Groh 4
Sons: j. ID. Groh, sweaters. imperial.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
Commodities
Cotton


The cotton market was rather unsettled
and Irregular yesterday. but an early de-
cline was recovered with the close steady,
net 8 points lower to 20 points higher.
early low level, to 4.35, and closed at
34.2s. compared with Sa.27 at the close
There was considerable Southern hedge
selling at the start. while realizing or
liquidation for over the week was
stimulated by the better appearance Cf
the early weather map, reports OF a less
active spot demand and the rather bearsh
showing of the wcek-end statistics. The
vance of points on October. but generally
10 to 25 points lower. and active months
Ing figures during the early session. Tho
early weather map showed scattering
tions but clearing conditions in the South.
west, and private reports OF falling off
in spot demand were confirmed by. the
smaller business officially reported in
southern spot markets, after the close
Acre on Friday. These features probably
led to some selling for reaction. but the
forecast for cloudy or increasingly cloudy
conditions, Evidently there were, appre-
newed rains or threats OF rain before tho
reopening on Monday norntng and the
market .r firnsd up late on GOVERNS coy. ring, os
also encouraged by bullsh private crop
reports According to some Of the advtces
received here oil mills in Louisiana are
closing owing to the shortage OF the crop.
while other reports were received claim
ing that some of the Georgia gins were
shutting down for the season. According
to local spot brokers the falling. off in
demand WAS not accompanied by any
easing OF the spot basis. but late in the
morning advices from New Orleans said
the basis shade easier. A good deal
of the business around ring here was
attributed to evening up for over the
week end. Washington adyces say that
not ming definite is yet known as to an
| additional government crop report early
! in November.
The local spot market was quiet and
5 points higher at "a. so for middling up
land. No sales reported.
The range OF prices follows
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
-EATHER1Demanl for
Channels Skin Exceeds Supply

Buyers arc in the market for large
quantities of channels skin. Orders re-
revived recently by the manufacturers
have been SO heavy that they are now
unable to meet the demand. During
the last few months stocks at the fac
tories have been reduced considerably
by sales to foreign customers.
Prices of this skin are slightly high
err. Raw stocks are plentiful. but the
finished product is scarce. Originally
chamois skin was obtained from the
animal of that name, but now sheep
are the chief source Of supply.
The uses of chamois skin are con-
stantly increasing. In addition to be-
ing used extensively for cleaning pur-
poses it serves as Innings in shoes and
a so in leather overcoats.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
Butter. Cheese and Eprs

Bntter.EReceipt o.13s packages Cream
extras, 90 score. soc; rrsts. o to al score,
o26O6sc tirsts, SO to SO score. 57ia q Gle,
seconds. SO to 81 score. So y q sec. lower
extras, 1910 13c; extras. II oil &c; frsts.
62m roc seconds, "a zoe; state dairy tubs,
finest S7@ Ss Sc good / to- to prime, 6l@ Sc;
make. trsts, 400 soc; seconds. 47t2 p4Sc;
lower grades 4e q 47c; packing stock. cur
lower grades, 44@46lac; creamery held.
higher scoring, 63 @64c; extras, 62 q g. &c.
Cheese. - Receipts 1883 boxes. state,
whole milk fresh flats, col0red or white,
81 " @ 32c average run. 30l2 q sic; held
flats specials. 81 QpS2iac; average run,
go y s1c lover Erades Ss3pc wins
average run, 500 i2c lower grades, %
q 2sc: Wisconsin. whole milk, twins fresh.
80 u q sic; single Daisies, fresh. 81 q 81 &c:
held, 81 " q 80 &c; double Daisies, fresh,
81 q 81 nc; held, 81 Il q SIC; Young Amer
icas. fresh. 32A @32i2c; cheddars, Cana
dian, in bond, 29c state skins. specials
81 II q 22Ac; prime to choice, Is @1914c;
fair to good. lag lie; lower grades. I q
13c.
Eggs.-Receipts s.so9 cases. Fresh gath
cred. extras do en-, crosse; extra frsts
64 Q64i 5c; frsts, 50@63c; seconds, SAG sac;
IL, der grades, 3S q SIC: dirtes. No /. Al
ali9c No. and poorer, Al q 45c; checks
good to choice, dry, Al G43c; under grades
35 n40c; refrigerator, special marks fancy
charges paid, SEA 53c; frsts so 2 NJ :
seconds, 46 q 60c; state Pennsylvania and
nearby Western. lenncry .>ts,
fancy, JUW9Ec, lalr 10 prime, IUW SoC,
gathered whites, common to prime 60
0SSc: Pacific Coast. whites, express, So
Q92c; other Western and Southern, gath
cred whites, 65 a zoe: state. Penns. lvania
and nearby. gathered brown and MIXED
coors. graded, fancy. 81 q SOC; fair to
prime, COG sc
Livestock. Meats. Provisions
Yesterday Year ago
Live steers. fair to
prime, 100 lbs s12.75017.25 s11.5o@16.76
Dressed beef. sides
10 ......... 10 W 20 loW ~
Live veals, com
mon to prime.
100 lbs. .16.Oo@23.Oo 14.oo@2 POO
Live Lambs, fair
to prime, 100
ID .....13.OoG15.25 1425I1s.75
Dressed hogs, ba
con, lb .......22as 0D227s 2s1s O. 90 a
Mess beef, Dbl %. 00@24.00 5000 SO. 0C
Lard. mid West,
100 lb..........2o.5O@ 296o 255O@25 81
Mess pork Dbl A. 00W+5 800 40. 00Q Al. OF
Dressed veal city
ID, .....-...... .22@ a5 2o@ 3,
lbs ....'...... 4.5o@ $50 s5o@11. OF
| Dressed mutton,
city, lib. ......., .o9@ rs .12@ j,
city, H.. ....... 200 2s ITO 2;
Hogs, 100 Id. .14.75@15.2 18.50Q1S.7;
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
Coal Strike Threat
Worries Lumber Men

Lumber interests are concerned over
the threatened coal strike, according
10 Lumber" q st. Louis publication:
I is AT. ho.ity says that decline Of
orders in proportion to production has
been noted in the case of soft woods.
Hard wood prices show tendency to
advance with an increase of orders.
Export, are held in allegiance by the
oreign exchange rates. but domestic
requirements are apparently in excess
+ supply. With production reduced
by the approach OF winter. Lumber"
says there is little ground for q reduc
lion of Drices
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-10-19
Sugar and Coffee

Coffee Futures--Thc market yesterday
vas reactionary, and after opening at an
advance of IL to Is points prices on De
cember and March worked up is to l
points, with trade interests and Wall
Street the buying side. Late in the
session prices reacted sharply realiz-
ing. which carried prices to the low point
of the day. or to Is points net lower at
the close.
In the cost and freight market sales
Of 10000 bags of Rio and mild grades
were reported to New York, New Orleans
and San Francisco. Rio ~ sold at
ACC sterling credit and at l5i.c Ameri-
can credit. Cables from Brazil were work
ing poorly. consequently few offers were
here. Bourbon Santos As availab Bile
at 2F and we'll described IS at 27iac ster-
ling credit.
Business in the local spot market
showed continued Improvement and tend
ed to strengthen the Views OF outside
speculative interests. which appear to at =
sorb moderate offerings any consids r
able decline.
The range OF prices follows: