davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-06-28
Rubber
Low Prices attract Spec
ulators Into Crude
Rubber Market

Transactions in crude rubber yes
terday we're largely made up Of inter
trading between the dealers, but it was
said that some outside BUYERS with q
speculative bent had been attracted to
the market by the prevailing low
prices. Prices now are at the lowest
point touched in years. Some sales of
ribbed smoked sheets were put through
at SO cents pound for prompt deliv-
cry, but most of the holders insisted
upon having 80 u cents. Spot supplies
of the crude product are heavy, $4,000
tons having arrived during March and
April, while 5000 tons were received
here in May. The. monthly consump-
tion of crude rubber in the United
States is estimated at about $4,000
tons. Prices for rubber to be de-
livercd in this country during the first
six months Of 1920 are 4 cents above
those obtained for spot offerings. Ad-
vices received from Singapore, Colom-
bo and London indicated that prices
IN these centres were higher than the
levels prevailing in the local market.
New-York tribune., 1919-06-28
Importers of Precious
Stones Given Warning
Packages Received by Regis
tered Mail Must Comply With
Customs REGULATIONS

Warning has been issued by the
United States Attorney for the South
ern District of New York that after
August ! importers who receive dia-
monds, pearls or other dutiable goods
from foreign sources through regis
tered mail without fully observing the
customs regulations will be subject to
a stiff fine.
Many cases have been reported where
the consignors have failed to comply
with the regulations here by not prop
erly marking packages containing dia-
monds or by not having q consular in
such cases have been treated with len
iency by the Federal authorities, it is
said, but the offences have become so
extensive that those detected after Au-
gust will carry fine equal to the
duty on the merchandise involved, plus
a percentage of the duty.
The American Jewellers Protective
Association has suggested to importers
here that they advise their foreign
representatives that in every instance
of pearls, precious stones or other du-
table goods sent by them in sealed
packages to the United States the
Treasury Department regulations re-
quire that copy of the consular in
voice be inclosed in the package and
that the package be plainly marked
'utiable, subject to examination by
United States customs officers"
New-York tribune., 1919-06-28
Credits Must Precede Goods
To Europe, Exporter Says
uture Of American Foreign Trade, George A.
CASTOR Declares, Hinges on the Success of
Plans for Extending Financial Assistance

TIE future Of American foreign
trade, George A. CASTOR, president
OF CASTOR, Williams & Wigmore, Inc.
declares, depends almost wholly upon
the extension of foreign credits in one
form OR another.
so far as our domestic consumption
and our internal welfare are concerned
can see no earthly reason" he said
yesterday, "for the slightest apprehen-
sion. However, our foreign patrons, in
order to buy our surplus production in
sufficient volume to keep our greatly
increasing manufacturing facilities 90
ing at full capacity, must be extended
huge credits. This is a fact already
given wide publicity by prominent stu
dents Of economics who have CON
Quoted personal investigations.
ut should be remembered that our
national wealth is nearly equal to that
Of all European countries combined: ::
that billions of dollars are invested in
readily. cashable government bonds:
that savings deposits are by far the
largest in our history-further that we
possess immense quantities of raw ma
terial Of every description; abundance
OF skilled labor and manufacturing a IA
cllltles greater and more efficient than
New-York tribune., 1919-06-28
Future Bright for
Dye Producers,
Matheson Holds
National Aniline and Chem
ical Earned $4.94 a
Share on Common Last
Year; Expect Protection

With peace at hand, the business
outlook for American dye manufact-
urers is good, so William ]. Matheson,
president of the National Aniline and
Chemical Company, Inc, yesterday
stated in his annual report to stock
holders.
with such adequate governmental
protection as is now in prospect against
flood of imported dyestuffs during
the next few years." he said, sit can
not be doubted that the dye manufact-
uring industry, so quickly and success
fully established in this country dur
ing the war, will be successfully con-
tinued in peace time as vital part of
the country's permanent industrial sys-
tenn"
Mr.. Matheson referred to the large
share which the National Aniline and
Chemical Company and its constituent
companies had in the development of
dye manufacturing in this country, ana
stated that the company was prepared
to maintain its position as q leader in
the industry.
rTlor TO the outbreak OF the war
in August, 1al4,' he stated, "coal-tar
dyes had never been manufactured
continuously in this country in any
real sense, German manufacturers hav-
ing effectively monopolized this indus
trial field ard supplied the world for
many years. Hence, in order to meet
the large and urgent domestic demands
fer colors following the embargo on
German exports, it became necessary
to create more or less complete do
mestic dye manufacturing industry
virtually overnight and from the bot
tom up"
For the year ended December 81 last
the company earned net income, af-
ter charges and Federal taxes, of S4,-
220, 0,o4S, which, after the deduction of
1919 per cent preferred dividends, in
Guiding back payments, was equivalen
to S4.94 a share earned on the 395,990
outstanding common shares of no par
value.
Net profits from operations, after de-
ducting manufacturing costs, selling
and administration expenses, deprecja-
ton and amortization, were S5,98O,497.
Income from other sources aggregating
1881 1888 was added, bringing the total
income to $6,312,395.
New-York tribune., 1919-06-28

that Of any other country of the world.
THE countries Of Europe are urgent
ly in need Of virtually everything we
can produce easily and with ample
profit, but at present they are totally
unable to pay. for their requirements.
1t has been estimated that at the end
Of this year these countries will be
indebted to US for trade sbalance alone
in excess Of three billions of dollars,
and at the moment it Is an extremely
grave problem as to how they are to
take care Of this obligation. Certainly
their much needed rehabilitation will
be retarded greatly unless this coun-
try lends them further aid and that
very soon.
"it is not money they need most at
present, but equipment to enable them
and commercially. They must have
machinery, agricultural implements,
clothing, building materials, food prod
ucts and quantity of raw material be-
yond estimate. To get these things it
is vitality necessary that they be f.
nanced-in other words, that some
credit plan should and must be worked
out either by our fnanciers or our
government, or both in combination.
"Once this problem of extending Eu-
rope adequate credit with only reason
able risk has been arranged the United
States will enter an era of prosperity"
New-York tribune., 1919-06-28
Sand Limo Brick OUTPUT

According to the United States Geo
logical Survey tho output Of sand lime
brick last year amounted to only 123.~
$4,000 bricks, the decrease from 1917
having been nearly 4a per cent. The
output in 1918 was the smallest re-
cordAd since 1905. The principal
causes of the decrease were the scar
city and high cost OF materials and
labor. congestion Of transportation and
government restrictions on the use Of
fuel and on general building. A further
reason for tho decrease In output in
1913 was possibly the adverse location
Of many sand lime brick plants, which
We're far away from government build
ings that were under construction.
with the resumption Of general build
ing. which is imminent, this sand lime
brick industry is expected to sharo In
the Increasing demand for construc-
tipn material,
New-York tribune., 1919-06-28
Fms
Manufacturers of Furs
Stand in No Fear of Ger
MAJ, COnapetitiOn

Competition from Germany Is not
feared, for tho present at least, by
those American fur manufacturers who
have been exporting manufactured
furs to Cuba, Mexico and Central and
South American countries. Since the
waT American furs have sold freely
In the Latin American communities,
which formerly purchased most Of such
merchandise from German concerns.
News that has drifted out of Ger
many indicates that fur prices there
arc double or trebls American prices.
Thia condition Is expected 10 continue
Tor scms tins, year at isast. With
IN the past week several $4,000 and
$4,000 orders for manufactured furs
from South American merchants have
been reported in this market. The
wearing of summer furs Is said to be
as hYnly established in the Latin
American countries ax It iS here.
New-York tribune., 1919-06-28
Business M0nev

The commercial paper market was
quiet, yesterday with rates unchanged
at 51s per cent for practically all Of
ferlngs.' There are small sales of pa
per at bA per cent, but these are made
in the interior.
At present it is possible for most
merchants to borrow more cheaply
from their banks than on commercial
paper The cost of their borrowing in
the open market. when the brokers'
commission and other expenses are in
cluded, is often over per cent. When
such borrowing goes over per cent it
does not pay business man to antici-
pate his merchandise bills. man
will anticipate his bills when there is
profit in SO doing. He may even an
tlcipate them when the total expenses
OF borrowing are only per cent. and
he Just comes out even, for he NAV
think it to his advantage to keep up
his reputation for anticipating his
bills. But he is not willing to use up
his bank credit for the sake of improv-
New-York tribune., 1919-06-28
Tanners Council Takes Steps
To Establish Industrial School

Definite steps foy the Organization o.
8 school for teaciing all! branches OF
thA tanning industry were taken yes
tsrday at meeting OF the board Of
directors Of the Tanners' Council al
tho Hotsl Astor. Louis J. Robsrtson,
yieepres!dent Of the COUNCIL, wss ap~
pointed chairman Of committee com
posed Of fifteen prominent tanners to
work out the details involved in or
ganizing the school.
One of the prineipai factors to hs Do.
tefnlined is whethsr tho school will hs
conducted Independently by the council
or become affiliated with some college
Or technical institution. The e0mmit.
Ira In charge Of ths matter will hold a
meeting shortly, at which the collec-
ton Of funds from council members
tor ths establishment Of the school and
other details will bs considered,
New-York tribune., 1919-06-28
Equipment Companies Report
Larger Orders for Freight Gers

increased inquiries lDT freight ears
sis reported 10 rsilrosA equipment cir
s'ss: A.lsntie Cosst Liim IL III tho
nalset Tor 100 ears and the Chilean
Eoyssamsnt Is stili negotiating Tor 500,
ins d rssen, order for Soo cars from thu
Lana Railroad was distributed ss fol-
sr Sgv box ears 10 the American
NJ snA Foundry Company, 100 10 the
~s'f asf Corporation. end roo fat
Cpbs. ''''e' N"'np""s u
ssysssi shiDbaiiding companies are
ssy y the market fox q isrgs auppiy
~ p'stes and shapes, Amons t}ese w'is IL
msn,'ensd e %, tho Sun shipbuildinx Com
a1y, yt,.. wssn an order for 7 900 tona With
substsntiaI sales Of barfsd 'w wtrs tava ~
sa. sssn made recently for shtpmsnt ~ to
slsta lLs.h America, and 1900 boxes Of tin
nn gre reported 10 hsvs bssn soid
- ss's1sHt to the ortsat. ~ '0
New-York tribune., 1919-06-28
Jewelry Workers Strike

Production of jewelry for fall sales
was brought to halt yesterday in a
number of local factories when work
ers went on strike. During the week
several meetings have been held by the
manufacturers to consider the demands
of their workers, but no definite ac-
tion was taken to head off the impend-
ing strike. The workmen are asking
for substantial increase in wages, or
the establishment of shorter working
day. In Chicago the jewelry trade
has been tied up for several days with
the factory workers on strike.
New-York tribune., 1919-06-28
Jewelry
Precious Stones Bring
Higher Prices abroad
Thar, In This Country

Diamonds, pearls and other precious
stones are selling in the foreign mar
kets at prices ranging from so to 100
per cent above domestic quotations,
according to importers just back from
abroad There is a shortage of all
kinds of precious stones in London,
Paris, Amsterdam and Antwerp, it is
said. and because they pass through
many hands before reaching the final
purchaser prices become excessive.
Many American buyers hesitate about
meeting the prices asked by the for
eign dealers and consequently are re-
turning home almost empty handed.
1t is almost impossible to obtain gen.
the main markets, because of the en-
barge on their shipment established by
the India government. During the war
the Indian pearl fishers were inactive
and it. is not believed that stock of
any large size has been accumulated.
American manufacturers of pearl jew
elry are reported to be hard pressed
for supplies.
Because of the marked shortage Of
labor the colored stone cutters in
Paris have little merchandise to of
fer to American buyers. Wages in
this industry are said to have made
which is forcefully emphasized, say the
importers, by the prices asked for cut
stones.
German interests continue to be
heavy purchasers of diamonds in the
Amsterdam market, but importers. here
say that individuals rather than Ger
man tradesmen are doing the buying
and that for this reason few precious
stones now held in Germany will find
their way to the United States when
business relations are again estab-
lished between the two countries.
New-York tribune., 1919-06-28

Ing his mercantile credit if to do so
means to pay premium. That is one
of the reasons Yhy borrowing now is
not heavy. 1t is also a reason why,
when prime commercial paper goes to
5h per cent, less well-known names
are prevented from going to 5a4. Such
firms would not borrow at all at that
rate.
Another reason which holds in check
borrowing on commercial bills is the
fact that under present rates a busi-
ness man can often borrow more
cheaply at his own bank. A large firm
cannot do this; it's requirements are
SO great that it must go into the open
market, keeping it's own bank only as
a reserve. But the smaller concerns
hnd such borrowing possible.
The bank acceptance market was
quiet, Notwithstanding a renewal rate
Of and 5la per cent for call money.
The remarkable ease in this market
was thought to indicate that the re-
quirements Of the banks for the July
l disbursements had been practically
all provided for. When those are dis
posed of, dealers expect to find much
better market.
New-York tribune., 1919-06-28


the event. In the lunchroom the
firms employees will be served at the
actual cost of the food, the company
bearing all the overhead expense In
connection with the preparation of the
meals.
Prominent men in the dress and
waist industry have been invited to
the dedication.
Several New York manufacturers of
umbrellas have taken steps toward the
organization of q trade association
which, it is hoped, will develop a ma
tional scope. The organization is to
be known as the Umbrella Manufact-
urers' Association of America. j. B.
Hulse, of Hulse Bros. E. Daniels Co..
16 West Twenty-second Street, is tenn
porary secretary of the organization.
New-York tribune., 1919-06-28
Boston Wool Market

BOSTON, June 27.-A steady demand
for wool during the week is reported
by "The Commercial Bulletin" es-
pecially for woods grading three
eights and finer, for which prices are
firm end tending higher. There is a
steady movement of wool in the West,
also, on a strengthening market.
The foreign markets are all strong,
except, perhaps, for inferior wool, and
the manufacturers in England, like
those in this country, are said to be
sold ahead for several months. Mo-
hair is in moderate demand, at un-
changed prices.
New-York tribune., 1919-06-28
Chemicals
Buyers Sho,u More Inter.
est i', Caustic Soda for
Future Delivery

Sales of solid rs per cent caustic
soda are reported by dealers at $40
Prevailing quotations among second
hands range from $40 to 500 cents.
More interest is being manifested in
future shipments. Prices on futures
are more or less nominal at 500 to
$50 cents pound for August and Sep
tember delivery
Business in light 5S per cent soda
ash is reported at 1.S5 cents a pound,
f. o. b. in barrels. A fair inquiry for
export account continues the feature
of the market. There is good in
quiry for bichromatc of soda, and or
ders are being placed at 7is cents
pound
New-York tribune., 1919-06-28
Smaller Manufacturers
Steady Buyers of Raw Silk

In the absence Of cables from the
Orient prices for raw silk remained
stationary yesterday, but the orders
volume 1t was said that while all of
the leading manufacturers Of fin
ished goods have provided themselves
with sufficient Of the raw material to
meet their requirements until the end
Of the year, the smaller producers are
not 80 favorably circumstanced. These
interests are expected to be steady
buyers until the present boom in the
silk trade wanes. 1t was reported that
new crop silk is arriving in the Yoko-
hama market in fair quantities.
New-York tribune., 1919-06-28
Purchases of Merchandise
Increase; Payments Expand

Statistics compiled by the Credit
Clearing House from more than 10000
actual transactions in the apparel and
textile industries indicate that pur-
chases of goods last week Increased d
seventeenth of l per cent over those
of the preceding week, while indebted
ness decreased nearly per cent and
payments expanded six-tenths of per
cent The following table, declared by
this authority to be a true barometer
Of merchandising conditions, shows
the developments under three separate
headings during last week, as com
pared with the proceeding week and
plus sign indicates greater, the minus
less activity:
New-York tribune., 1919-06-28
Small Fur Pieces Are Selling
Readily, Manufacturer Reports

Large sales of fur scarfs and muffs
we're reported yesterday by one large
manufacturer.
The advancing prices of all kinds of
iurs nave stimulated the sac Of small!
pieces rather than retarded it," he
SAID. Doesn't it seem reasonable that,
since furs are fashionable. the women
VINO cannot afford fur coat will buy :.
searf instead? That is exactly the way
our customers, retailers from all over
the country, size UP the situation.
1ur coat Is not within the reach, of
every woman at present prices, but
some Kind of a fur scarf or muf Is
within the purchasing power of almost
New-York tribune., 1919-06-28
Australian Wool for France
Import Licenses for British
Woollens Also Granted

From now until December the British
government will provide France with
10000 bales of Australian wool per
month, together with facilities for
transporting it from Australia, accord
ing to the Franco-British commercial
arrangement. This information was
contained in a cablegram from Ameri-
can Ambassador Wallace at Paris.
In return for this, France is to grant
import licenses for 1000 tons of Brit
ish woollens contracted for before the
signing of the armistice.
New-York tribune., 1919-06-28

Atehiaon, 6 Topeka as & sante Fe
Andrews, Rachel L.-E. Nc
Brooks. Samuel (Everwear Knit
ting Mllis)--Rockawsy Knit
Barse, Willard H.--M. Baer 1t al.
Barley, George T.--Waldorf AS
torie segar Co, Ltd d...
Garcia, Giuseppe---A. Garcia, costs
Capalbo. Lorenzo = California
Wine Association OF ~. z, Inc.
Chanlbrcau. Wm. W.--H.pernia
Savings BANK q.
Denton. Hester A.-W d. Bosier.
BruAker. Eoy-W. u. Bosler
D. NJ, Balsain Co-c. hurian.
Erstein. Leopold. Noise l.. and
BENEDICT IL. Erstctn &c Bro. y
III. Strauss. s.,
p. FouEera s. Co.. lne.---Indepcn-
dent Trading Co. Inc. g..
Eastern States Service corp.--D.
Fred wetrai a Co, iii.--;' inc.--M. NJ.
Friedman. Ann:e-B. oro,aman
Flake Graphite Co. or n. Y, Inc.
w. =. Tarrnnt t..
Paetrow. sa;nuel-M. naer ct al,
Goldberg Wolf. and Max Hom.
fnah--, ,c pos sitors Assets Corp. 6.
urrenwald. Theodore Charles
:, derstet.. Inc. ...........,......
Aerolc. lsnatius--J. NJ. Multi
Harrison Avenue Buildins CO..
Ano' eThenas J. Dutn. Saul
New-York tribune., 1919-06-28
Sherif's Sale

Sheriff David Knott yesterday sold
the right title and interest. etc. of
stock Of the Powers Securities Com
pany OF the par value of SIS 1893 400
under an execution obtained by the Bank
ers Trust Company against the National
Securities Corporation, West Nirgi
corporation. The sales realized sl4s,50O.
On March % judgment for S.o55I625
was obtained in the Supreme Court against
the National Securities Corporation in
favor of the Bankers Trust Company. OF
this city
New-York tribune., 1919-06-28
Fur Tax Collection Extended

Exfension to July 20 has bcsn rAdo
fcr tho time limit for hling tks returns
os tho 10 pcs cent fur lax on sales
made during tho month of May. The
returns normally would bo due not
iater than June so. but a ehortags Of
tne rstuFn forms has caused m sxtsn-
slon TO 10 made by Daniel 9. Roper,
Conmissisner OF the Bureau Of Infer.
nal Revenue, II was announced ysstsr-
dav
New-York tribune., 1919-06-28
Schedules in Rankruptev

LOUIS OLDSTEIN-Schedules of louis
Coldstein. dealer IN glassware 2Sl Bow
cry, place liabilities at Sl5,o54 and assets
at s23.6ss Principal claims are Ferdinand
& Levine Bros: s76i; ?. Goldman, sl.ll4;
d. L. Abrahars. s375. Moses H Roth
stein, 1S2 Nassau Street. is the attorney
New-York tribune., 1919-06-28
Receiver in EanlSruDtcy

ED REMUs & CO.. Inc.--Judge Hand
appointed Eniar Chrystie receiver In equity
under s1o,Ooo bond for Ed Remus & Co,
Inc importing and exporting. 35 Church
Street.
New-York tribune., 1919-06-28

The activities Of the country as
whole show purchases increasing, in
debtedness decreasing and payments
improving, which indicates continued
optimism and good business.
New-York tribune., 1919-06-28
Judgments Filed
In New York County

The following judgments were nied yes
terday. thA first name being that or the
New-York tribune., 1919-06-28
Basic Commod dities
June q, 1919

Note1n where transactions reported tn. hs
eriees glven2 ,.rr.,s
New-York tribune., 1919-06-28
Satisfied judgments

The first name is that Of the debtor
the SECOND that Of the creditor, ami
date when judgment was filed:
Tn Nauy Xo-Ir (~..
New-York tribune., 1919-06-28

M. s. Leasing Company. Inc.
Morria SchlacAter and kudeipf
ssne~-b. TsbAlchnik. Mag is
4sis assss.Asss...s.