davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-02-14
Mill Shares Sell
At Good Prices
Boston Auction Sales Show
Stability of Values; Condi-
iions Not Disturbing
Business Ne1cs Bureau
Special COrrespordeuce

BOSTON, Feb. 13.-The market for
cotton mill shares is holding we'll This
was made plain by the auction sales
held here to-day. The careful COM
panies have not wasted their surplus
in dividends. While they have been
making big money on government con-
tracts, most of them have kept an eye
on the future and paid off old debts.
Forty shares of the Hamilton Manu-
featuring Company sold at 1097s, divi-
dend off, compared with the previous
price of 109l4. The advance. even with
the dividend off, is accounted for by
the very favorable financial statement
of the mill, which appeared to- day
Other cotton mill shares which sold
included of the Pcpporell Manufact-
uring at 100 ono changc), % shares of
the Flint Mills at 155 (no change, 10
shares of the Nashua Manufacturing
Company new stock at 2A0 mo change)
share Of Merrimac Manufacturing
Company common cx dividend at 68
(advancc of IS of poinD, 6 shares Of
the fremont and Suffolk Mills at 1853
Ga decline of points,, and shares of
the Bigelow Carpet Company preferred
at 90 Can advance Of = of point).
Underlying conditions do not appear
disturbing to Boston cotton mill
share authority. The selling market
and the labor market are stabilizing
themselves. 1t is pretty we'll under
stood that the battle for shorter hours
is pitched in Lawrence, and that if won
by the operatives there will be a gen
eral strike, but if not that there viii
probably be a compromise on forty
eight hours a week and fifty-two hours
pay. There is plenty of unemployed
labor anxious for employment, besides
returning soldiers. Workers are being
discharged from Lowell munition facto-
rics in large numbers.
New-York tribune., 1919-02-14
Chemicals
British Concern Export,
ing Chemicals Freely
to South Amerii-
can Markets

There is much speculation among
certain manufacturers of heavy in
dustrial chemicals as to whether or
rot the United States government will
operate any of the plants it built
during the war for the production of
caustic soda, soda ash and other all
kalls used in manufacturing war mu-
nltlons. These chemicals are TODAY
on the market in great abundance. aid
II the government begins production
it is the opinion of manufacturers that
a large surplus will pile up.
Reports that Japan is about to start
plants for the making of heavy chcmi-
Gals could not be confirmed yesterday.
Plants for the production of alkale
are already IN operation in Brazil and
Argentina and these, it is said. will
considerably reduce American exports
10 these markets as we'll as to the
0tner countries in South America. Eng
'Sn chemical manufacturers are at
present exporting large quantities of
these products to Latin America. nr;n- ~
clpally because they can deliver
cheaper than their American competj
tors.
1t IS conceded among domestic deal
ers that the price of alkalis must come
Gown to level where consumers will
BUY and this movement has already
started. Manufacturers expect re-
Vlval Of trading when prices have
more neerl V reached the buyers level.
fairly lively demand from England
Tor acetic acid, which is used in the
manufacturc of insecticides, colors and
3'her chem1cals, was reported yester-
New-York tribune., 1919-02-14
Jesse IsADORE sTRAUs, of R. H.

ESSE lSADORE STRAUS, of R. H.
u Macy e. Co., in speaking at the
last days session yesterday of the
National Retail Dry Goods Association,
urged the merchandising leaders to
adopt system of formal contracts "for
every last piece of merchandise that
they buy from the source Of supply"
instead of the present method Of pac-
ing verbal orders.
"The question:" Mr.. Straus said, "of
contractual relations between our
sources Of supply and ourselves is an
uncertain and very often indefinite one.
think the sources of supply are
anxious for some solution of the diff
Guilty. We operate largely through
agents, through buyers, through de-
partment managers. Those department
managers in going into the market and
supposedly representing US are apt, and
particularly in a market of this kind,
to indicate possible need, and to leave
with the representative of the producer
hope of an order, not definite order.
think if the National Retail Dry
Goods Association could promulgate, if
New-York tribune., 1919-02-14
Jewelry
Demand for Patches Ex
ceeds Output Of Ameri-
can Factories; Good
Export Orders

Inc demand for watches of all kinds
is heavier than American manufactur-
ers are able to supply. The heaviest
orders have been for the cheape,
grades Of timepieces which retail up to
Small sized ladies' watches of Ameri-
can make are very scarce and conse-
quently many Swiss movements are
put INTO cases manufactured IN the
united States. The Swiss movements
are cheaper. size for size, than the
american product. but the United
states Is still the smallest importer o.
watches from that country among the
larger nations.
"A good many export orders for
Watches are coming in from South
America and Japan, but the exports TO
England it is expected viii! almost
cease after March |, when the recent
y announced British embargo on
american watches and other manufact
ures goes into effect
The demand for mems wrist watches
mas fallen Off since the rehabilitation
OF troops set in, but tho majority of
orders for ladies' watches are for the
variety that are worn on the wrist.
New-York tribune., 1919-02-14
Leather
Demand for Hides for Auto-
mobile Gather
Actiue-Stocks
Reduced

Within the last week or so an cxcep-
tIonally good demand has developed for
"spready" steer hides; that is. hides
which come out of the tanning process
IN large enough sizes to be used for
making automobile tops, seat coverings
and other of the larger leather prod
ucts. Most of this buying has been
by the patent leather tanners in the
Newark district, who nave been book
ing larger orders for leather from the
automobile manufacturers. According
to Leo 5. Joseph, vice president Of the
New York Butchers Dressed Meat Com
pany, conducting a large abattoir in
this city, the demand has been of sutfi
Gent volume to clean up stocks here
at an advance over January quotations
while prices have been 20 3 Ia cents
higher than those realized for the same
kind of hides a year ago.
Some Improvement in the demand for
light hides is also reported with recent
sales at liberal advance over january
prices, but the market for heavy hides
~ dun. with considerable accumulation
OF such varieties reported in the West
owing to the fact that some of the
packers. being unable to get the maxi-
mum prices which the government fyed
up to February /, preferred to carrv
stocks over IN the hope of stronger
market developing. SO far this has
not been the case, but the better de-
mand TOR lighter grades is thought to
loreshadow genera Improvement, espe-
cially as the supply of hides from
South America continues relatively
small on account of the lack of shin,
ping facilities. In general the stocks
OF cured hides available for promnt
Shipment arc said to ne smaller than
,ney were at the corresponding time
New-York tribune., 1919-02-14
Business Money

A slightly frmer tendency continues
to be noticed in the commercial paper
market The market range, from to
512 per cent is quoted unchanged, but
banks manifest an increasing re-
luctance to put out funds at the lower
rates. There is less paper moving at
s per cent than there has been. The
demand for mercantile notes contn-
ues, but it comes more from the out
of-town banks than from the banks
of this city New York banks have
occupation for their funds in the
Treasury certificates Of Indebtedness,
which yield them AZ per cent, and
have several advantages with which
trade borrowing cannot compete. Con
sequently the New York banks are
not buying much commercial paper at
present, and there is possibility of
an increase in rate. Some commercial
paper brokers which carry per cent
paper now face the possibility of
keeping some of it on their hands.
unless out town banks will take it.
When dealers feel there is danger of
having their funds tied up in this way
they usually begin to ask higher rates
of their customers. One dealer be
lieves that rates viii continue firm
for the next two or three months.
and during the Victory Loan campaign
NAV even 90 10 = lo nor cent
In the past ten days an increase
of borrowing has been noticed on the
part Of business firms. The theory
of one banker is that these firms have
been more shrewd than the CONNER
cal paper dealers. They saw the
chance to borrow money cheaply,
thought that the rate would not last
long, and have been availing them
selves of the opportunity while it
lasts.
A good amount of borrowing bv
packers is noted.
Borrowing in the dry goods trade
is at low ebb
One prominent sugar company has n
moderate amount of paper on the
market now, but It is said that the
reason for this is not that the COM
pany needs money, but simply that it
wishes to keep its name "grcen," and
before the lending public.
The acceptance market is quiet.
Acccptanccs are said to be moving
New-York tribune., 1919-02-14
Release of Government
Copper Holdings Considered

Oopper producers are considering the
advisability Of suggesting to tho gov
ernment that its large accumulations
OF refined and scrap metal be placed on
the market and sold through regular
channels
Last December, when the agreement
fixing the price of copper at 26 cents
a pound expired, it was announced
that the government would sell its
holdings, but in such a manner as not
to upset the market Authorities say
that the governments stocks amount
to about 100,000000 pounds Of the
metal. 1t is stated by leading copper
producers that should the government
decide to dispose of its copper such
action would do much toward stabiliz-
ing the market.
New-York tribune., 1919-02-14
British Royalty
Sends to Anleric,
For Silk Fabric,
Materials for Princess D.
irieia's Trousseau p..
chased Here; Silk p
port Business Develoo;ns

contain American silks. a Ts;a will
stated definitely yesterday bv = r4 was
nan Hanson Of R. H. Mallinson & c. e. ls'as VI
ork manufacturers of silk. NJ, Mr. Ne as'
son said that while he was re,na. s' nan
engage IN controversy with 'sa' sss to
orer oT 'ne matter the report quotins va' sl'
Malcolm Murray, controller and 's III
TO the Duke of Connaught. ns sssl'' sssi'
mere was no truth in statsn.as laying
that American silks had been nu.ss ,''n'
Tor the trOusseau of the princess 'aI,'' saS''
tor a reply. 'a''ss
Royal Dressmaker Was Her.
MT. Hanson explained that WALL.
heveile, of the firm of Reve,,o , ',,S'e
s''er, London. dressmakers to the ,"S' "''
lamiiy' sailed from New York Is' ~.
Saturday after spending sever., 0,A sS
IN the United States. "Nr. Revs,,' week e
oack with him some American .;'' vV'
some Of which will be used ~ .A .s sAH
saeI seau for Princess Patricia y "0u''
NV, ~ is probable that at ls.a. ne sald
cent OF the princess's wardross easI % per
81 s.St OF Woollen clothing. s;uo0 "lli COZ
an outdoor girl. These of n.e I've She is
oe OF British fabrics, and 80 ,outse, u1, viii
question is asked concern;n' whea any
ol the fabrics entering into tue sus oflsfn
seau' the natural reply for anr rnS S ucus
man man to make would be to saw s - Lsnsish'
oritlsn materials would be yssa sia' o. oll'
case. 100 happened in this
ANY discussion of the u,..
be hsi' lana onIy embarrass Mr.. Revels' vS.s now
ar arri,n ,amos on the other side. Until H's. :.
4rllves +nt there and receive an n..i ,n.s.!, ae
o7,+ o't''e caole from him shall not y.,v,, n;r,
put :, any details of silks ,p wb;ss ics glS' M
''grelle T,e bought in this country "'
l "eIe IS growing interest y, g.
pai1 p;l OF English and French ussr. wr vi,
SILKS IN the product of Amar;osn rs.,s ~ q
mus, SAID Mr.. Hanson. R n M W.ni! si
son q 90. now have special rsnrasas as
latlVe IN England and France 'psesel pre-
BOOKING large orders. The 6rr, r"v ".
has na man travelling through f'' y.s,s ss
Amerlca. He has sent in laree o-S., rss.
rrom IRON CUBA and from Panama and and :
10" on his way to Peru. "Au
Predicts Big business
Inside Of five years. said Mr.. H,,
son, "American silks will he sold ia s,aais mal
IN Europe and American silk mar s
lecturers VIII be doing a biz exna, ,pa,
+, usiness to England, France and fs otss
European countries.7 '''u O'n''
Nr; Hanson added that Mr.. Reveu
ll' nau Deen particularly struck with tn
49, n5a progress that has been made /, /
brlng back with him on his n,oissts
VISIT TO this country in April sever sever
samples of old Spitalfields silks s',v,s s;v', I
10 lr, Mr.. Revelle by Queen Viebr.
hese silks will serve as stimulus "A
American silk designers.
New-York tribune., 1919-02-14
Good Demand for
Silk Shirt Goods

Medium priced silk goods for mems
shirts, also the yarns from which the
manufactured silk is made. arc in
fairly good demand. and the trade in
dicates that this condition has been
brought about by requirements of the
large numbers of men who have re-
turned to civil life from the army and
navy During the war manufacturers
or yarns were working on cartridge
bag cloth, about rs per cent Of the;r
capacity having been devoted to tho
needs Of warfare, and comparatively
httle yarn was turned out for the
civilian shirt trade.
New-York tribune., 1919-02-14
Rich Cargo Being Salvaged
Many Goods Taken Before
Government Stepped In
Business Netcs Bureau
Snecinl Cnrresnnn6ence


Special Correspondence
NEW BEDFORD, Feb. 13.-After
three months of delay the salvaging
OF the $4,O0O,O0O cargo aboard the Port
Hunter, the British vessel sunk in
Vineyard Sound last fall, began to-
day. Much criticism Of government
business methods has resulted from
the apparent laxity of Federal con-
troll of the rich cargo, as amateurish
salvages took goods of an esti-
mated value of 100000 before govern
ment agents interfered
A Massachusetts, wrecking company
has signed a contract to deliver the
cargo to Commonwealth Pier. in Bos-
ton, where it is understood the gov
ernment will dispose of it to the high
est bidder. The biggest items are
s.569 cases of rubber boots, $685. bales
of leather jenkins, 6,42O bales of cot
ton undershirts. There also are great
quantities OF woollen drawers, oil
skin clothes. cobbler kits, flannel
shirts. shoes, gloves and stockings.
British and French cargoes on the
ship consisting of machine and auto
mobile parts are worth another ST.
O00.000.
New-York tribune., 1919-02-14
Japan Silks Still Rising

American Importers continue to boz
raw silk, has advanced to 1,4S0 ye,
Shlnshul No. 1, the standard grade d
raw silk has advanced to l,43O }si
TOR bale of l35 pounds, the equl's'
clint OF S715. Stated on q pound bass
prlces have increased about 60 csns
during the past two weeks.
While it is difficult to get sceursk
opinions about the stocks held by !sf
anese reelers. it is stated that suppiW
are diminishing and that the ouil'e''
indicates reduced production the D..
ance Of the season, which ends j
June. The demand for yellow sllk ,
comparatively new product of JslaL.
one that has prospered since the ~ ~
cut off Italian supplies, is good. ~
Japanese import from Italy the eeE
that eventually furnish the yei"
silk.
New-York tribune., 1919-02-14
J. T.. Brill Earnings Increase
Earned $2O.OI a Share on Pre-.
ferred Stock in 1913

The annual report of the J. G. Brill
Company for the year ended Decem-
Der 81. 1918. discloses total income
amounting to s16,761,155 an increase
OF $9,o55,O56 over the year before.
AlVer operating expenses, etc, net in
come come was placed at $1,341.51O. or s345,-
az sr, more than for the preceding year
The established Federal tax apprcyated
$425,0o0, leaving balance of S916.5l0.
or the equivalent to $2O01 per share
earned on $4,580,O0O preferred stock
compared with a surplus for 1917 Of
$9o4,lo9 or equal to $19.74. During
me year 1916 the company earned but
81 per share on the preferred stock
dividends, etc, totallcd S366,4Oo, an
increase nc OF $oo,565 Surplus of $780,
40 was added to previous surplus
making profit and loss surplus to
date of $2,234,532. ~
New-York tribune., 1919-02-14
japan Selling Hats Here

Japan Is selling an increasing mum
per Of the cheaper quality of straw
mats and woollen caps and bonnets in
this country. Her exports of these
commodities increased from about A.
ooo dozen in 1916 to 81 900 dozen ir
iolf. American manufacturers are
somewhat uneasy about this compe IL
tlon and want protective tariff. Japan
Is also producing pearl buttons at very
low cost, 1t is reported, and selling
them In this country below the cost Of
production here, although she must pay
4b per cent ad valorem duty.
New-York tribune., 1919-02-14
Shading of Profits Advised
Bv Woollen Mill Agent

There is growing tendency among
mill men in the woollen cloth industry
to think seriously of shading profits,
and even of casting all profits over
board in order to get started on pro
duction. One selling agent who repre-
sents eight mills stated yesterday that
he had influenced his principals to
figure prices on the goods which they
soon will offer the trade, on a basis
of yarn cost below the present price
of yarn. The mills he represents do
not spin their own yarn.
81 think We will be safe on the propo-
sition," he said. Owe expect the yarn
to go down in price. If it doesn't
then our profits will be shaded. The
main point is to get our prices down
to as low level as possible"
New-York tribune., 1919-02-14
Cotton Waste Concern
To Build New Warehouse
business Ne,Os Bureau

business Ne,Cs Bureau
Special Correspondence
The W. c. Jones Company, an in
tcrnational manufacturing corpora
tion, announced to-day that it will
build a new $4,000 warehouse in con-
junction with its extensive waste mills
in this city. The building will be
101X20l feet and completely modern
Coming soon after the organization of
the New Bedford Waste Company here,
a combination of local mamnufactur-
ing interests, this new development is
recognized as portending a big develop
ment in the manufacture Of cotton
waste
New-York tribune., 1919-02-14
CoIors
Dy Q M a kers Pr0duclHl
Sample CoIors for
Use i'm Textiles
Nexf Fall

Manufacturers of dyesturs are ".
largely devoting their attention !
the production of sample cclOr' =. -
the fall and winter season. ~. 4.
tendency among textile mane'ssss.,,, ~,
ers is TO get away from military -. AZ
such as khaki, olive drsb ana |.
blue, and by far the larger saflip" n,
mand is for bright greens, brlgn'. he
pies and bright blues, ana - +,
shades have been incorporated y ~
the sample color cards sent " ssI
ducers of woollens, silks. cotsons
other fabrics, ms we'll as TO iss ss,s
goods manufacturers. The dye; q
ers are now awaiting the decls,'s' da,sa 4
the public. Quantity produe''sssls sssssY
dyes will begin as soon as the % srcss
facturers know what colors 'N
most to the public IL. Apg
Meanwhile the holders OF oiNs ks@
and khaki-colored materials etp. &
ing their stocks redyed 80 rap'0'
possible for civilian USE
New-York tribune., 1919-02-14
New Textile Designs Shown
DIR. Haney Makes Plea for In
dustrial Art School

New designs in textile and new
styles in wearing apparel, originated
by group of artists and craftsmen
associated with the Art Alliance of
America, were exhibited last night for
the benefit of members of the National
Retail Dry Goods Association.
The exhibition, which was arranged
especially for the visiting merchants in
cluded hundreds Of examples of hand
decorated textiles, evening gowns and
negligees and also a variety of small
wares of artistic value. DR.. James P.
Haney, director of art in the New York
City High Schools. made plea for the
greater use of original American de-
signs in textiles. garments, toys. con-
tainers, etc, and also for the establish
ment of an industrial school.
New-York tribune., 1919-02-14
Reduces Prices on Poplins

Burton Bros. & Co. yesterday re-
duced prices on few of their num-
bers in heavy cotton goods cents
a yard. Their 27-inch special poplin
ls now quoted at 321a cents yard, as
against 81 = cents before. Irish pop
in, ~ inches wide. is now 3712 cents
a yard, reduction Of 5 cents. Amer
lean roplin IN white and colors is
47la cents a yard and Hawaiian cloth
IS 3232 cents a yard.
New-York tribune., 1919-02-14
More Interest Shown i'm
Fine Yarn Cotton Fabrics

Buyers of fine yarn cotton fabrics
are taking more interest in the market
than they have for some time past, but
are not purchasing in any large quaint
ties. Prices on such goods, commits
sion merchants say, show no rcduc-
tlons, and, it is insisted there is not
likely to be any material change for
some time to come.
New-York tribune., 1919-02-14
Connecticut Tobacco High

HARTFORD, Conn, Feb. 13.-Con-
trary to reports recently published
that the tobacco market was going
down, tobacco in South Windsor and
Wapplng has been sold this week at
prices ranging from 30 to 60 cents a
pound.
New-York tribune., 1919-02-14

rather freely at per cent. The paper
of packing companies is prominent
in this market also.
The range of rates on commercial
paper continues unchanged from Tues
day and week ago as follows: Two
months, 5d51a per cent; three months,
50512 per cent; four months. so ) u
per cent; five months, 5(o512 per cent;
six months. So y per cent
New-York tribune., 1919-02-14
Not 'Department Storcs,''
But s<Distribuaing Houses''

H. Gordon selfridgc, in a speech de
i;Yercd Wednesday in London, .,ad tina.
,fS name department store" should
te abolished and that such stores
should be called distributing houses.
Free trader-journal. (Ottawa, Ill.) 1916-1920, 1919-06-03
200 GIRLS DRILL
FOR HUMAN FLAG
TO PARADE JULY q

About 200 girls and young women
Of west Ottawa drilled for the human
flag last evening in the school yard
OF the Lincoln school. The girls who
have entered the flag race are very
enthusiastic over it, but there are at
least $50 girls needed. if the flag is to
be put on. The girls practiced march
ing and turning corners under the di-
rection of oHtcercandidate John Lowe.
chairman of the drill committee, as
sisted by Lieuts. Lester Leopold. Glenn
Mills and George Fisher.
Nj Lowe was enthusiastic over the
progress the girls had made in their
drill and declared the flag would be
a great success. A rehearsal will be
held again tomorrow evening in the
yard Of the Lincoln school, and in
case Of rain the drill will be held in
The school gymnasium. The drilling
viii start promptly at 1880 o'clock.
All young women and girls living
west Of the sidecut have been invited
to participate in this production, and
are urged to attend the rehearsal to-
morrow evening. The flag will be
the only thing Of its kind ever staged
IN Ottawa, and will be one of the most
important features of the July pa.
rade. The young ladies taking part
VIII be gOWnod in red, white or blue.
skirts, capes and caps.
In ease the members Of Company c
reach Ottawa tomorrow evening the
girls, who gather to rehearse for the
drill, will attend the parade and de-
monstration down town. in a body.
headed by the St Patrick drum corps.
Free trader-journal. (Ottawa, Ill.) 1916-1920, 1919-06-03
PAGE TIRE z.

1t was a God given task TO which YOU
all Went forth. and you have done
Your part in il like men.
"SOme u You have been coming
home sinaly and in small groups. and
there has been no opportunity for a
public demonstration, but today the
welcome goes forth TO every man and
woman who from this community rem
dered his or her service for humanity.
"WC welcome y0u home.
&c. 4. BRIGGS.
-. ". CHElSSMAN,
ISAAC DIVAN,
II F. EBERT.
C W. FARRAR,
y T MUELLER,
Carl STACKMAN,
!. F. VONCKX."