New-York tribune., 1919-07-31
u. S. Profits on
Cotton Fabrics
Sold at Auction
Export Agents Active Bid
ders for Surplus Goods
on Which Sum of Nearly
IS, 100000 Is Realized

More than 100000 yards Of var
ious kinds of cotton fabrics, surplus
supplies of the War Department, &C
cumulated at cost Of about $4,000
900. we're sold for almost $4,000 600
within four hours yesterday at an
auspices at the Manhattan Opera
House.
Manufacturers, jobbers, sreculators
and exporters from all sections Of the
country were present in numbers to
tax the seating capacity OF the
orchestra floor when the auctioneer
began the sale at 10:S0 in the morn
ing. The bidding was keen and
spirited and the sale moved on rapidly.
1t had been expected that two days
would be consumed in disposirg of the
100 lots into which the offering had
been divided
Exporters Heavy Buyers
The prices realized ranged from a
little below the present mill quota
tions 10 parity with those demanded
by the primary sellers, and in some
instances. especially for goods that
now are scarce. sales were mace above
the current market levels. One of the
striking developments of the auctlo1
was the large scsle buying at high
prices Of exporting agents. Some o.
the latter were said to be the &C
credited representatives of the Siberian
United Societies, which, according 70
Captain Stewart, one of the army Of
.I,c Sf,o !
letters Of Introduction from the Sec, =
cary of State.
When it became known that the &
berian interests were bidding ep
prices against their Amer an com
petitors much favorable comment W.
heard because IL was recognized tt
the goods would be taken out Of the
domestic market. Repres esentatives OF
South America firms also bought on
large scale. When the sale closed a.
/ p. n. Captain Stewart expressed his
satisfaction with the results and tn
trade in general accepted the develop
demand for and actual shortage q
goods in the hands of the regula
sellers.
Good Prices Realized
The first two offerings, comprising
L, QUA yarQS or pObDlNette or mos
quito cloth brought 20 to 221a cents
a yard. Over 1,592,540 yards of cheese
cloth was sold ae 10 cents a yard, and
$4,000 yards Of olive drab cotton cloth.
ranging from 33 inches wide up to 56
inches, was disposed OF on the basis
Of SO to 70 cents. Narrow width drills
brought 2S cents a yard, while 5a-inch
material, weighing II ounces t, the
yard, commanded 70 cents yard Some
gray duck sold as low as 20 cents q
yard, with especially high class cloth
bringing 4S CENTS. Small quantit es Of
extra wide olive drab duck went fof
rs "a cents n yard. and for the narrow
widths 36 cents was obtained. An of
fering Of over 228,000 yards of gray
jeans was disposed of fer 344a cents
a yard, while 247,s51 yards of buff
jeans brought 26ia cents. Large guam
titles of osnaburgs went for II to %
cents yard, the high level being paid
for brown jeans. The sale OF 709,8o2
yards of outing flannels at IS u 20 2711a
cents attracted wide measure Of a.
tention. Two million yards of substi-
tute silesia cloth were sold for 1855
70 lS y cents yard. Four yard gray
sheetings brought from 261a cents 10 2S
cents yard, the latter being deemed
an unusually high price for an auction
sale. Wide twills went for 70 cents
and narrow width material brought 80
cents yard. For venetian cloths 50
cents to 55la cents a yard depending
upon the width and construction or
quality Of the fabric, was obtained.