davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-06-26
BUSINESS NEWS BUREAU
Tribune Building
154 Nassau Street
Germany Selling
Steel to Neutrals
$50
. At Low Figures
Belgian Mills Also Report
80 ed Underselling English
- Producers; Larger Buy.
ing of Structural Steel

Germany has begun taking steel
business in neutral markets at prices
which England cannot consider, ac-
cording to "The Iron Age" At the
same time it is stated that Belgium
is offering steel bars, plates and
shapes at Antwerp, though not in
--==-ge amounts, equal to. and in some
cases little below British seaboard
prices. Luxembourg plants are ex-
pected to be IN full blast in two
months, marketing their output
through the Antwerp market.
20 american pig iron," says 1.-THE
Iron Age" "s reported sold at $3.45
below the British product. American
billets were bought at $58 ton in
Liverpool for July shipment. Italy is
looking forward to getting some of
the great quantities of scrap in France,
Germany and Austria and wants West
not apparently being regarded favor
ably in comparison with English coke.
= "The upward price movement in
England is marked, particularly in
rails, which are now quoted at $3.50
against $45 ton here. Wages have
been increased 1911 per cent and mill
operatives now demand the six-hour
day in England"
Conditions in the domestic market
are much more favorable, it is stated,
and production is now at about so per
cent of ingot capacity. Output in the
current month will probably be fully
10 per cent ahead of May. The greater
activity in pipe, wire, and sheets is
offset by the still relatively small de-
mand for bars, plates and shapes. Or
ders are said to be coming in faster
than the shipment rate, and some ac-
emulation of bookings is the tangible
evidence of the continued improvement.
Contracts for structural steel are
stated, and the June total will exceed
the May figures, which at $4,000 tons
were double the business taken in
April.
New-York tribune., 1919-06-26

to want notes that will fall due in De-
cember so that the money will be avail
able for meeting the year-end. A bank
may often have to renew loan for it's
own customer, but it is not so tender
with bill bought in the open market.
The bank acceptance market yester-
day passed through another quiet day,
which was not at all surprising in view
of Is per cent call money, with a re-
newal rate Of 7 and Tx per cent.
When call money becomes so tight
dealers often have difficulty in borrow
ing at the preferential rate of AN per
cent to carry their bills. An individual
bank feels that in doing this it is per-
forming favor for the broker. because
it forgoes the rate it might have OBJ
tanned on the Stock Exchange. Con-
sequently money is apt to be doled out
to acceptance dealers in insufficient
quantities. Mr.. Rovensky, vice -presi-
dent of the National Bank of Com
merce, has recently made the sugges-
tion that eff the Federal Reserve Bank
makes loans at rates that are below the
market, the loss is distributed equally
over all the stockholding banks. 1t
seems to me that this is the agency
that should be used for the purpose of
temporarily meeting the difficulty that
confronts u.s."
New-York tribune., 1919-06-26
Retailers fastening to
Buy Women's Apparel
Manufacturers Expected to Pro-
duce Smaller Quantities
for Fall Trade

News that manufacturers of wom-
ems apparel will be unable to produce
as large quantities of merchandise for
next fall as usual is causing buyers
for retail stores to visit the local
wholesale market earlier this year.
Normally the fall buying begins about
the middle of July, but letters and
kilograms from all parts of the coun-
try to manufacturers here indicate that
the first week in July will see a heavy
influx of retailers representatives.
Some of the buyers have not waited
until July to place their orders, but
have made their selections already.
One of the leading manufacturers of
coats and suits said yesterday that he
already had more business on his books
than his factories could produce dur
ing the coming season.
~ shall take more ORDERS" he said,
land then cut them all down, just as
the cloth mills cut the orders of gar
ment manufacturers"
Many manufacturers report that they
are limiting the size Of the customers
orders to insure the widest distribu-
tion of their production possible and
because of the added credit risks
caused by high prices. 1t is not un-
usual, it is said, for a retailer who
New-York tribune., 1919-06-26
Textile Concerns Deuel0p
Plans for Expanding Mills
Confidence in Present Prosperity and the Expecta-
ton of Larger Dema nds for American Prod
ucts Are Reflected in Industrial Programme

Faith in the continued prosperity Of
the United States, coupled with con-
vctions that demand for Americas s
products will increase - 1ae political
and fnane;zs afralrs of the European
nations become more settled and
strong belief that prices for building
materials will not materially decline
in the immediate future, are finding
expression in the development of plans
for the greater construction of indus
trial plants.
According to General W. H. Rose,
of the firm of Lockwood, Greene g. Co.,
architects and engineers, who special
ize in the drawing of plans for in
dustrial establishments, building oper-
ations in 1917 and 1918 tapered off
considerably from the levels attained
in 1913 and 1914, the curve having
fallen at least SO per cent by January
of this year.
"This deficit" said General Rose
yesterday, must be made up, and in
addition provision. will have to be made
to allow for normal expansion in bust
ness as we'll as for the growth in
population. New construction would
have been undertaken months ago were
it not for the doubts that existed until
recently about the stability of prices
for materials and the wages of labor.
Labor now is 80 per cent higher than
in 1913-14, while builders materials
have advanced 80 per cent.
eff the financial situation in Europe
is Strengthened out the demand from
abroad, with our domestic require
New-York tribune., 1919-06-26
Silks
JObbers in Silk Goods Do
a Large and Profitable
Business

Leading jobbers as we'll as the few
manufacturers who are in a position
to. sell silk goods from stock, trans
acted an exceptionally large volume
of business yesterday. Concerns that
specialize in the manufacture of
high grade novelties reported &C
tive buying by retail dealers from
out of town. Jobbers who placed
large orders with the manufacturers
months ago admit that they are reaping
big profits, though some of them con-
cede that increased prices do not whet
the buyers appetite for silks.
Good quality taffetas, which could
be bought by the jobbers six months
ago for s1.22h yard, now command
$1.62h, the goods to be delivered by
the manufacturers during October 1t
was intimated that if the garment
makers use tafetsg 20 any great extent
in making fall dresses, the best grades
of that fabric may cost them $210 by
September. Crepe meteors were in big
demand owing to the scarcity of char
meuses. The latter, it was said, could
not be purchased from the jobbers for
less than $2.75 yard, this price COM
pairing with $2.25 three weeks ago.
New-York tribune., 1919-06-26
Metals
Copper for Deliuery IL,
September Sells at
..-'
- 1917 Gents

Sales of copper were made in this
market yesterday for September de-
livery at 181a cents pound, the high
est quotation reached since the price
started to move up about six weeks
ago. The market, as was stated in The
Tribune at the close of last week, is
definitely established on an 18 to 1871
cents a pound basis for nearby delivery
and the trade is predicting the price
will cross 20 cents before fall.
Labor conditions have become an i'm
portant factor in the market. The
Hastings plant of the National Con-
q duit & Cable Company closed early in
the week on account of a strike, but
officials of the concern state that
operations will be resumed shortly.
The American Brass Company has re-
opened it's Ansonia plant, which is said
. to be operating on about so per cent
basis. In Waterbury about 5000
men remain out on strike, but most of
the brass mills are operating to some
extent.
From the West comes fresh reports
OF shortage of labor in the mining
camps. Fears are expressed that there
may be labor trouble at the Anaconda
plants in Montana when the company's
Developments in the case of the Ana
conda wage matter is awaited with
much interest in the trade, since it is
believed that copper workers will GEN
= e.ally follow the lead set by the Mon
tana miners.
i The National Conduit & Cable
Company, one of the large consumers of
copper, says the wire business, which
' tabsorbs a large percentage of the
copper output, is much more active
than it was a few months ago and is
Improving at an encouraging rate.
"Production of the metal" the COM
Z pany says, "is still greatly curtailed
at the Butte. Arizona and Utah min
ing districts. Recent additions to the
cost of mining count heavily in the
running expenses of the operating COM
panies. With the selling price around
the low figure that prevailed in March
and April mining profits had undergone
severe shrinkage. In view of the fact
that the world accumulation of copper
Is still enormous, there will still have
to be great increase in the worlds
d consumptive demands before the situa-
2 ton will be entirely healthy and on a
thoroughly normal foundation. The
/. situation is notably strong compared
with conditions couple Of months
ago"
New-York tribune., 1919-06-26
Textiles
Increased Prices for Cot
ton Textiles Fail to
Check Buying Rush

Jobbers Of cotton textiles reported
yesterday that the chief difficulty was
to get goods, rather than to make sales.
Some of these so-called second hands
stated that upward revisions in prices
had been put into effect for the pur-
pose of inducing buyers to pause in
their operations, but it was asserted
that the advances had failed to stem
the inflow of orders, all of which we're
not accepted. Mill agents for manu-
that demand was of extraordinary VOL
ume, but it was admitted that actual
buying was damned by the inability of
the mills to accept any more orders for
the present selling season.
In the unbleached goods section of the
market buying Of both print cloths and
fine yarn fabrics was exceptionally ac-
tive at advanced prices. Sales of 64-60s
were put through at 16A cents a yard,
while 68-72s sold for 1914 cents, these
prices representing an increase of a
cent over the level prevailing on the
preceding day. Most of the orders
of this year. Some of the mills did not
participate in the transactions because
they have already sold their prospec-
tive outputs
1t was reported that Scandinavian
buyers had taken large quantities of
unbleached drills, as we'll as the more
finished forms of drygoods. State
ments we're made that some Danish
buyers have visited the American mar
ket four times within the last six
months, and it also was intimated that
the Scandinavian buyers had purchased
so much goods here as to set up the
inference that the fabrics were not en-
tirely for their own consumption. 1t
was hinted that some Of the fabrics
purchased in the United States may
have found their way to Germany.
New-York tribune., 1919-06-26

will preclude the probability of de-
creased prices for months to come.
"Of course the fact that there are q
number of former war working plants
available for the arts of peace tends
to prevent industrial plant Construction
from Immediately getting into full
swing.
"But plans for the building of tex
tile mills, particularly those manufact-
uring silks, cotton fabrics, woolen
goods and knit goods, pressage great
activity in that kind of building. Be-
sides other manufacturers are prepar-
ing to meet new structures. The South
as we'll as New England reflects the
liveliest movements in textile plants
The South has prospered, thanks to the
high price of cotton, and apparently
the mill interests in that section have
been able to de considerable of their
own financing without calling on the
Eastern bankers for funds to use in in
dustrial expansion.
"The textile industry throughout the
United States is in a prosperous con.
dition, the main props of this enter
prise being the present and prospective
extraordinary demand for cotton fab
RIGS of every description.
eff the existing prosperity was no
based on sound fundamentals, corpora
ton, through their directors, would be
unlikely to sanction, as they have, in.
dividual expenditures ranging from
100000 to $1,000,0O0 for new plants
In short, the curve of industrial factory
construction gives indications O.
ascending to record levels"
New-York tribune., 1919-06-26
Irish Linen Prices Too
High for American BUYERS

Leading importers of Irish linens
stated yesterday that they had heard
that buyers for American department
stores had returned from Belfast with
out making any. purchases. 1t was
stated that the Americans had found
prices to be too high to suit their
pocketbooks, and it slso was intimated
that he prospective buyers thought
they would fare better by trading with
the local importers.
In other quarters it was said that
American-made household goods fin
ished so as to initiate the imported
linen fabrics had made great inroads
on local sales of the foreign products.
The representative of one of the
leading Irish linen importers stated
that all of the airplane linen recently
purchased by an English buyer from
the British government is to be printed
and used mainly for upholstery fabrics.
1t was said that the entire holdings of
the government were absorbed by the
English buyer and that the converted
fabric would not appear on large
scale in the American market.
New-York tribune., 1919-06-26
Raw Silk Sells Readily

Trade in raw silks yesterday was of
good volume at steady prices. Buyers
readily absorbed the small quantities
of spot silk offered by the importers,
and number of them placed good
orders for distant delivery. Predc-
tions have been made in the trade that
the best grades of Japanese raw silk
will reach $12 a pound before the fall
crop Of cocoons is ready for reeling.
Some of the manufacturers Of the fin
ished fabrics as we'll as the leading
jobbers view the high prices for the
raw material with concern, and it was
intimated that the manufacturers are
taking a conservative attitude in form
ulating plans for making spring fabrics.
Demand for spun silk continues to
outstrip the capacity Of the mills.
New-York tribune., 1919-06-26
Furs
Large Orders for Musk
rat Skins Are Diff
cult to Fill

Muskrat skins, for conversion into
Hudson seal, are reported to be scarcer
than other furs at the present time.
Manufacturing furriers have placed
large orders for the skins with raw
fur dealers which the latter are hav-
ing difficulty in filling. One of the
largest local skin dealers said yester-
day that he had requests for more
than 100000 muskrat skins on his
books at present, and not single skin
in stock.
The demand for other American sta
ples-skunk, raccoon and opossum-
continues strong. The expectation Of
increased demands for American furs
from Europe upon the formal declara-
ton of peace is being discounted to a
certain extent by advancing prices
here.
Representatives Of English fur deal
ers are said to be securing the local
market for weasel pelts, this fur hav-
ing become popular in London recently.
New-York tribune., 1919-06-26
Leather
Foreign Buyers Place Big
Orders for Shoes De-
spite Higher Prices

Recent advances of from 25 cents to
$3.50 pair have not caused any falling
off in the demand for American shoes
from foreign countries. Orders have
been received constantly by the larger
manufacturers. Shipments of from TO-
900 to 100000 pairs in one consignment
are said not to be unusual
France, Belgium, Italy and Scandi-
navia are reported as the heaviest pur-
chasers of shoes in this country during
the last few months. Aside from those
sent to Scandinavia, the bulk of the
goods shipped abroad have been of the
heavier work-shoe grade.
Denmark, Sweden and Norway have
been buying general lines of footwear,
including a large portion of medium
and high priced goods. Italy, also has
been placing generous orders for the
better grade footwear.
New-York tribune., 1919-06-26
Fertilizer Production Being
Confined to High Grades

NEW LONDON, Conn, June 25.-W.
H. Huntington, president of the Ma
tional Association of Fertilizer Manu-
facturers, in an address at the conven-
tion here to-day, announced that within
the last six months the industry had
committed itself to the policy of manu-
featuring only high analysis grades of
fertilizer, eliminating the so-called
fractional grades, and that the result
of this action "must ultimately be re-
fected in lower cost of food 'produc-
ton"
Standardization of only the best, Mr..
Huntington said, would materially re-
duce factory and selling costs, a saving
bound to share.
New-York tribune., 1919-06-26
Schedule in Bankruptcy

IsrDoRE TURNER AND FLORENCE
Observation-Disclosures OF Isidore Turner
and Florence Turner. doing business as
Unexcelled Dress Company. manufactur-
ing dresses. II East 125th Street. places
liabilities of $12,803 and assets OF $2,144
Principal claims are Park Avenue Bar
gain Store. s6l8; Harry Joffe. SLIPS; Max
Weiner. $2.eS5. Benjamin 1ndig. 2ss
Broadway, Is the attorney.
Petition in Bankruptcy
WILLIAM JAMES MORR1SSEY.-A
voluntary petition by william James Nor
rissey, an actor. 235 West Seventy-first
Street gives liabilities at s24.214 and assets
at $3.50 Principal claims are: Elizabeth
Bricc, $9,600 for salary; Harry Kelly, l10
west Forty eighth street. $500 for salary !;
Andre Serri. Forty eighth Street and tifth
Avenue. $1,000 for goods sold and deliv-
cred; Mr.. Hosti. Metropolitan Opera
House. 5000 for goods sold and delivered
Henry J. Block. 277 Broadway. Is the at
torney
New-York tribune., 1919-06-26

The first name is that of the debtor, the
second that OF the creditor and date when
Judgment was filed:
In New York County
McKeon. Thomas and National
Surety Co.--People. ETC.; June
70. 1919 (vacated) ........... $3.50 90
Singer. Julius-A e. Young; May
6. 1919 (vacatcd) .......... 65728
Westcott Express Co.-F. Tlana-
gan; June 20. 1919. 100.o 90
Medwin, Louis--B. sIiverman;
Aug. 81. 19I8.............. 2ol74
Lester c. Hebbcrd & Co.. Inc
A. NJ Blake: May 8, 1919... c20.43
Westcott Express CO.. Flana-
gan: June 90, 1919. 900. 90
r. l.. s. Realty Corporaton--A.
Lewis; June 13. 1919 ...... 10000
SOLOMON, Morrs-~F colltns; juno
Mankovitz, Morris--L. Brown;
April RI. 1919. $4,000
same-M Matthew'S; April FL.
oalerstcn. wllialn--r. Epstein '0''0O
Aug. ~. 1918. lS................. 600.67
Galcrstcin. Jacob. and Abraham
A.--Same: Sept. 90, 191s...... 303.39
TlIcrs John CIV. Popkin
March &. 1919 ................ e41.9A
Dickinson. Arnei F--Ajax Rub
brr Co. Inc: March 20, 1911. 21l.6b
Dickinson. Arncll F.--Niles &
OooGell. Inc.; Oct. 81. 1017... 1s623
West i3gth 81. Realty Co--Ben-
nett Avenue Realty Co: juno
20. 1919 2.370.6%
Cohen, Shmuel--I Goidstetn Of
al: March 20. 1917 .a....a1aAa e73.27
New-York tribune., 1919-06-26
Burlap Again Advances

: Demand for burlap yesterday ex
csded the supplies put out by local i'm
porters. As result eight ounce, 40
inch wide cloth, advanced to .f1N
ysrd, while the 1914 ounce article Of
Ine same width WAS quoted at 13 to
I'm cents Buyers seered TO evince
. strong preference for other than the
standard widths.
New-York tribune., 1919-06-26
London Wool Auction

LONDON, June 25.-The OFFERINGS
at the wool auction sales to-day argre.
gated 7,400 bales. Prices were irregu.
lar, inclning in favor of the buyers.
Arrangements are proceeding for a
resumption of the standard clothing
scheme, owing to the present high
prices.
New-York tribune., 1919-06-26
Business Troubles

Natanson. Robert-Tayo Trading
Prosel, John Mn. c. Ray.... 438.20
Same-E. c. Ray. 2S7.7o
Protman, David--C. Rusnowitz.. 120. ~
Rogow. Max-A. Rosenberg. .. 21441
Riccardo, Dominick-W. Ensmann 190.45
-Kobre Assets Corp. .......... 2,25321
ct al ................... s55oa
Schneider. Meyer-M. Strauss. S4s.72
Sampson, Alexander & Samuel J.
s. Solomon .........-....-.. 683.22
Trainer, William-R. Cea. 82941
Upson, Alfred F.-M. Lee. ........ 1868
Winters. Horace B.-H. L. Win
Weir. John Nm. Kirshenbaum: 2.14s7s
Deutsch ......... ............. 1.1sso2
Twin. Abraham J.-Henry NAL
kin. Inc. ACKNOWLEDGEMENTS. 1oS.85
In Bronx County
Berger. Charles-B. Chaus. $177.83
Casolaro Fasany Co., Inc, Saliva
tore Casolaro and Angelo Fas-
any--C. Laudadio Mason Con-
struction Co. ................ 289.s7
Same-Same NEUTRALITY-SUSPICIOUS.. 550.47
Casolaro, Fasany Co., Inc. Fla
vius Improvement Co.. Angelo
Same ..................... sb7.72
Epstein. Abram-M Jailer. 80. 1922
Ginsburg. Morris Us. L. zuck-
Haibauer, Frank-E. Mayer.... 7a.4o
Laub. Louis-Ajax Rubber Co..
o'caiiaghan. 5aii George FL. Ro 'S'''0
shanno. Frank Hi. Golden ''
III
New-York tribune., 1919-06-26

formerly placed orders with one house
amounting to $4,000 to come in now
and try to order $4,000 worth of mer-
chandise. In the numper of garments
the $4,000 order may not exceed the
old $4,000 purchase, but the manufac-
turer hesitates to take the additional
credit risk.
New-York tribune., 1919-06-26
Flour Club Holds Outing

The New York Flour Club of the
Produce Exchange held an outing yes
tcrday at Rys Beach. A baseball game
And an excellent dinner we're the main
features. John II. White'was master Of
,eerenonisa,
New-York tribune., 1919-06-26

debtor:
In New York County
American La France Fire Engine
CO.. ]. Eisenman. $1.3S4.1
anti~peopie, etc .. ::.O ~ 100000
ssTsstosd: s,m.n Seton R. Franklin k.4.x7
Balm. Aususta-s. Reb. .......... aoo.5o
Bukocy. Annie-A. Bukocy..... Ss5.Sa
Cohen. Wolfe-Manheims Entc.
anti@People. etc. ''.... 100000
Cooper. Georges. Godsmith.... 1.3oo.34
" Corp. .................. b.2ss.s5
Edwards. George and Annie D.
II. Levine ct al. al................ 1870
Foldrnan. Operating Co. Inc NJ ,,,on
rranklin Press Inc - George
Harjes Co. Inc. ...........; 7sS.4o
GoIdbsrg Herman. md and Isidor
Brown--Eastern Flour Co..
oriffin. Percy. John wynkoop and
American Exchange National
Eank--City OF New York. costs. 1850
Gallagher. VIM. J.,(Fiim cafe)~
nertsssss' Dayid-~-A. Yung..... 3i. i3i.2S
Hanssn. Edth-L &. Taylor ... 225.2o
Harris Nathan~-A. Wei. l........ 10000
j. =. McQnadc Co.. Inc.-~Iienry
Cilen's Sons Ighteragc Inc. 6s0.50
Lsndies. VIM. Ty--M Hoffman. z0z.30
Lazarus. Horman--O.to Eiler. Inc. l7i.+S
zweig ............... 1920
Monzo. Angeles. TRUSS. flS.i7
Mutual Pro1t Realty Company Of
New York~-D. r. Wyckon. 697.28
Ieifzer. Elizabeth ana Eiizabetha
American Mailing co........ 5000
Miller, 1heoore AN Thomas Moran
tMiljer 4 Moran Chemical
Works. s)--Bachmeie ~ Co, Inc. 1887. 40
Hccleary, James T.-~-W e. Run
yon ..;......,....,......,.... 2.o7sas
National Excavation r. Foundation
co.-~Walsh transportation Co.
lac. ..................... 1.oG7.7o
New-York tribune., 1919-06-26
Western Growers Sell
Wool at Fancy Prices

GREAT FALLS, Mont, June 25.-An-
nouncement was made to-day by a rep
resentative of Boston wool house that
he had purchased from one grower his
clip of 41,O0O pounds of wool for 6OA
cents a pound. This was said to be the
highest price ever paid for wool in this
vicinitv
New-York tribune., 1919-06-26

BEND, Ore, June 25.-The highest
price paid in the state this year for
range feeces was given to-day at the
sale by the Central Oregon Wool Grow
ers' Association, when the American
Woolen Mills, of Boston, paid 54M
cents pound for one lot. The greater
part of the total of 420,515 pounds sold
went to supply Eastern mills.
New-York tribune., 1919-06-26
Convention of Sample Mems
Association Opens TODAY

The three days convention of the
National Sample Mems Association be-
gins to-day at the Hotel Commodore.
H. L. Todd, of Detroit, is president and
Edward D. Pash. of Duluth, is secre-
tary.