davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Textiles
Increased Buying Causes
Advance in Prices Of
Cotton Goods

The volume of business done during
the week by commission merchants in
the cotton goods trade showed fair
degree of expansion, especially in
bleached fabrics, colored goods, denims
and fancy shirtings.
Export trade also increased. and it
was stated that the early signing of
peace terms would cause further I'M
provement in foreign trade. 1t is as
sumed that more shipping space will
soon be available.
The price situation as regards
bleached goods seems to have i'm
proved, and it is reported that some
Of the mills are preparing to ask
higher prices for their products in
the immediate future. In the gray, or
unbleached goods, division of the mar
ket the fore part of the week witnessed
large volume Of business at advanced
prices, but activity. tapered off, and
last quotations reflected slight de-
clines from the earlier levels. 1t was
said that buyers who had bought un-
bleached products two weeks ago, when
prices were particularly low, could
not resist the opportunity to take the
profits that higher prices brought.
The Eastern mills having sold con-
siderable quantities CT goods are in
clined to hold prices which, these in
terests assert, are nc. likely to go
back to former low levels. Two Of
the leading New England manufac-
turers of cloth have increased their
outputs, but an important manufac-
turer of yarns. has suspended opera
tions ,fog onef week. and intiimates, that
unless business improves the suspen-
sion will Be- for "a longer time. The
Southern mills are selling yarns at
prices that are considerably below
those quoted by the Eastern concerns,
and while the demand for yarns dur
ing the past few days showed some
expansion, competition for business
still is keen.
Jobbing trade for the week increased
along fair lines, but retail dealers
seem to prefer to buy in conscrva-
tive way.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Lumber Men Meet
Industrial Board
To Discuss Prices
Optimism Displayed at Pre-
liminary Session; Expect
High Cost Steel Plants
To Be Hurt by Reduction

WASHINGTON, March 22-Price
agreements affecting many of the more
important raw materials, in an effort
toward revival and sterilization of
business, are expected to follow quick
ly the agreement reached here yester-
day between steel producers and the
new industrial board of the Depart
ment OF Commerce.
Lumber was taken up to-day, leaders
OF the industry comforting with the
board. Although elements in the lum-
Der situation are in some respects diff
terent from those of the steel indus
try, the same basic goal was presented
to the conferrees. Relation of lumber
to other building materials also was
involved.
The example set by the steel indus
try is relied upon strongly by the in
dustrial board as an influence toward
success III negotiations with repre-
sentativcs of other raw material men,
While the effect of the steel prices,
lowered from 10 to IA per cent, is
expected to be adverse temporarily at
least, on few of me so-called "high
cost" steel plants, the general indus
trial result. officials believe, will be
beneficial, and Immediately so.
Inc SCeel price agreement, 1T is be-
lleved, will not be questioned as a pos
slble violation of the Sherman anti
trust law. Chairman Peek and men,
bers of the industrial board conferred
yesterday with Attorney General Palm
err. The former stated later it was
merely social CALI
The lumber conference began with
an air of optimism and cooperation
evident, though it was said that in the
absence Of Chairman George n Peek
who Is in New York, the days session
probably would be only preliminary to
develop interchange of information,
leaving results to be worked out next
week.
After four hours of discussion it was
said by members of the lumber con-
ference that the relation of produc-
ton costs to prices had occupied the
entire session and that no specific re-
auctions had been taken into consid-
Grafton.
The lumbermen's delegation inciud
ed John II. Kirby, Houston, Tex. pres
ident of the National Lumber Manu-
facturers' Association; Dr.. Wilson
Compton, Chicago, manager of the Ma
tional Lumber Manufacturers Associ-
alton; l.. A. Clark, Live Oak, Fla. pres
idcrt of the Southern Pine Associa-
tion; F. +. Gadd, Memphis, Tenn. rep-
rescnting American Hardwood Manu-
facturers' Association; H. A. Knapp.
California Redwood Association; J. I.
hume, North Carolina Pine Associa-
ton; J. E. Graves, Georgia FLORIDA
Sawmills Association, and NJ. y. Mel
son, of Kansas CITY.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Silks
Orders Booked for Fancy
Silk Goods Keep Up
With MiIL Deliveries

Business at the silk salesrooms yes
terday was light, most Of the visiting
buyers having departed for home. Sell
ing agents in casting up accounts for
the week found that satisfactory vol
ume Of business had been booked, espe-
cially in fancy fabrics for spring wear,
and that the buying had been suf1-
GENTLY large to absorb incoming stocks.
Some Of the smaller manufacturers
of plain weaves complained that in
order to make sales prices had to be
reduced, but complaints of this charac-
ter were not heard from. the larger
weavers, who seem to be holding prices
agents stated that shipments are now
going forward at rapid pace, and that
retail merchants throughout the coun-
try are short Of merchandise, this
shortage rendering it necessary for
them to visit the market at frequent
intervals.
Ordinarily buying of spring fabrics
terminates about March Is, but as Eas-
ter is late this year the season will be
prolonged, and the early arrival of
warm weather is expected to hasten
demands upon retail dealers.
A number of houses are showing fall
styles in fancy patterns, and some of
the mills have booked fair volume of
orders, but as general rule retailers
are too busy with sales Of spring fab
RIGS to concern themselves about
autumn requirements for the present.
Buyers are talking about lower prices,
but the mills insist that reductions
cannot be made because iabor's com
pensation is on higher scale, while
prices for raw silk tend to ascend.
Activity, accompanied by higher quo
tations, featured the weeks trade in
raw silk. Stocks of the finer grades
are. reported to be light, and consump
tion by American mills is said to be
expanding. The Japanese mariufact-
urers also are reported to be operat-
ing more actively, and on this account
the activity in raw silk has been ac-
centuated
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
The Tribune Page Of Business News
Business Money

The commercial paper market of the
week was extremely dull. Demand for
paper was fair and came largely from
out-of- town banks, but very little fresh
paper is coming out. Dealers report
that they could sell perhaps three or
four times as much paper as at pres
ent if only they had It to sell. The
big firms especially seem to be out of
the market for borrowing. Paper bro
kers report that their largest accounts
are borrowing only one-half to one
quarter of normal. Various excuses
are offered for this. Business is sup
posed to be holding off until the def
mite peace treaty is signed. 1t is sup
posed to be waiting for prices to reach
rock bottom before it buys raw ma
terials that it intends to sell in the
form of finished products.
If these are the real reasons, then
the Developments of last week should
act to break the deadlock. limitations
from Paris are that the peace treaty
will be signed in relatively short
time. Prices of the country's basic in
dustry, steel, have ben cut TO figure
sanctioned by the government, set up
ostensibly for one year and backed by
the government not morally only, but
by the intention to enter the market
as purchaser in behalf of the rail
roads. This entrance of the largest
purchaser in market has often
marked the end of hesitation on the
part of all other buyers. The moral
influence of the steel market may make
itself felt in other markets.
The ruling rate on commercial paper
for the week was 51s per cent. This
is for paper of the customary maturi-
ties of four to six months. Exception
ally good names of 9, shorter maturity
go occasionally at 81 per cent in the
New York market. That rate is fire.
quent in Chicago and other QUITO town
districts.
The demand for bank acceptances
showed a remarkable increase l.. the
early part of the week The one
trouble was that business is not bor-
rowing and dealers could not get the
bills to sell. The bills they had were
rapidly absorbed. In the early part of
the week. too day to day money was
plentiful and call rates more low, max
ing bank acceptances more desirable.
AS tax payment checks began to come
in from the government and to be pre-
scented to the banks for payment, con-
ditons in the call money market re-
versed, and the demand for bank ac-
ceptances slowed up somewhat. But
throughout the week it was we'll able
to take care of the supply.
The initial instalment of bills
against the s50.O0O,000 Belgian accept
ance credit awaits the arrival Of the
Belgian commission that will draw the
bills.
Fifteen to sixty day prime trade ac-
ceptances were quoted at 5@5A per
cent; sixty to ninety days, 5(151a per
cent; Endorsed trade acceptances, Az
per cent, all maturities.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Rubber
Reclainners Complain, T hat
Prices for Scrap Rubber
Are Too Hieh

Rubber reclaimers declare that I'M
less they can buy scrap material
cheaper they will have to close down
their plants. They say crude rubber
is produced now in such enormous
quantities and sold at such low prices
that the reclaimed material does not
hold any appeal to the rubber goods
manufacturers. Some of the manu-
facturers are said to be endeavoring
to relieve themselves Of contracts for
reclaimed rubber. having decided that
crude is a more economical material to
handle.
Prospects for a change in the crude
rubber situation in favor Of the re-
chalmers are held to be slim, for it is
pointed out that the acreage in the
Far East plantations is rapidly increas-
ing In 1900 the crude rubber proauc-
ton, Of the plantations totalled only
about four, while it is estimated that
this year will see 100000 tons of plan
tation rubber placed upon the market.
Looking further into the future, rubber
men predict production Of AGO. 900
tons of plantation crude for 1923.
With these facts before them, the
output must go down so that prices
will compete with. those of crude. La
Dor has been the most important fac
tor in bringing reclaimed rubber to it's
present cost to the manufacturer. An
official Of one big retaining company
declared that the labor cost on con-
version of scrap to reclaimed rubber
alone had increased over 100 per cent
during the last eighteen months.
When the government put restric-
tons on the importation of crude into
this country, the price of scrap went
up to high figure. An immediate
drop in the cost of scrap would help
to alleviate the situation. in the opin-
ion of the reclaimers. They say that
reclaimed tire rubber now costs from
IS y to 17i@ cents a pound. AS there
is only about so per cent rubber in
the reclaimed product, this class of
material really costs the manufacturer
between SO and 35 cents per pound of
rubber. With certain grades of crude
now selling around these figures, the
dealers in reclaimed rubber feel that
there is little incentive for the man
ufacturer to buy their product.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23

Government Expected to
Offer Phe1ol and Other
Chemicals This Week

Until the government has disposed
Of the bulk Of it's chemical holdings
consumers are expected to withhold
their orders. The government of
ficiais are expected to offer some Of
Accumulations of phenol and other
heavy chemicals this week, after
which the trade believes prices will
become moro staple, and the demand
from consumers will improve.
Export inquiry for chemicals is
fairly active, but the actual business
transacted ne result of these in
quiries Is not satisfactory to some
OF the producers. The opinions pre-
walls. that In many cases these for
eign inquiries, especially where they
come from certain European <our-
tries. are merely efforts On tho part
Of competitors abroad to learn the
American price schedules. ',FF ~
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
virginia Iron Earns $l1.24 a
>. Share on Capital Stock in 1919

: Sthc annual report of the Virginia
ifon, Coal & Coke. Co. for tho year
ended December 81. 1918, shows yross
earnings of Sl3.083,0 This cnn,s
pares, with s7,675,856 for the vnar
ended june 80, 1917. After exnonsa a'
SIC, net amounted to sl,7372 93. to-
w Nnn income from other sources Of
$so, !, D., was IS added, bringing the gross
reserve of $3.50 was se+ .s;as
baIan Interest ana taxes, leaving a
seguai to $1l24 a share. earnad m ~ ~
$500, 900 capital stock, as compared
Ma.h ai,O24.36a, or sl1.2s a share. in
ne year ended June 80, 1917. After
s"assoends Of s544,416, surplus for The
year amounted to S475.775.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Pajama Business Grows
Soldiers and Women Use Gar
ments Now


The war has had stimulating effect
on the business Of the manufacturers
of pajamas. Hundreds Of thousands of
pairs were purchased by parents and
others and sent to soldiers, who became
sufficiently familiar with the garments
to demand them upon their return to
civil life.
Women, too. are buying pajamas for
their own use, not only in silk and
other fine materials but in the more
serviceable fannelette and heavy cot
ton materials. The latter are cut along
plain lines and differ but little from
the models for men. They are used
largely as outdoor sleeping garments.
The sale of these Is said to be better
in the Western states than in the
East.
OF late there has been a noticeable
increase in the demand $for the old
fashioned nightshirt "a mans ward
robe is not complete now without both
, hightshirts and pajamas," said promi-
,tent 4 manufacturer yesterday. "He
wears his night shirt as sleeping gar
ment at home because it affords greater
comfort than pajanas, and wears the
latter for lounging or as night gar
ment when travelling"
Prices on, most grades Of pajamas
are about the same as last year, al
though raw materials in most cases are
higher. The larger manufacturers are
using materials purchased before the
peak prices were reached, at price
which is still under the present market
and are giving their customers the
benefit of this. F]annelette, used in
making winter pajamas and nightshirts,
was offered at the opening Of the SELL
ing season this year at prices 10 per
cent above those of last year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
French Reported Buying
Machine Tools Here

The French High Commission is now
buying machine tools in the American
market, while private consumers in
France are negotiating for similar
products, according to the statement
made yesterday by an authority in the
trade. The bulk of the orders is be-
ing placed for future delivery, and it
is understood that these are subject to
long term credits
1t is believed that the products now
being bought are part of the 4O,OOO.-
900 worth of machine tools that France
is in need Of and which the French
government will permit to be imported
under favorable terms of payment, ac-
cording to the announcement recently
made in Paris by Bernard N. Baruch.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Union Bag and Paper Corp.
Earns $l4.32 on Capital Stock

For the eleven months ended Decent
Der 81. 1918, the Union Bag g. Paper
Corporation reports net earnings
amounting to S2,619,173, which COM
pares with $3,1311.106 for the proceed
ing year. The fiscal year has been
changed to end December 81. A re-
serve of $A60.720 was made for depre-
citation. Other income aggregated Sso,-
$40, making gross of s2.205,S37.
The company earned during tn s
period Sl4.s2 share on the sa,ss7 aeo
outstanding capital stock. against So
lo2,1l6 or S2l.sa share in the twelve
months ended JanGary 81. 1918. Holders
Of the stock sharedSdividends OF Sess'.
o!4. Balance wac $50 ,64a, whsah WAS
added to previousrsu surplus. hrinela: the
profit and loss sprnlus to S3,lIa,.R.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
COlOrs
Large Stocks Of DyestuHs
Held at Rotterdam Are
Asua;ted Here

Textile and paper mills are still re-
stricting their purchases of dyes to
actual needs. Most of them, it is be-
licved, have only stocks enough on
hand to meet their requirements for
two or three weeks.
Meantime there has been falling
off in the demand from consumers in
Mexico, South America, the West In
dies and the Far East. 1t is assumed
that in these countries, as we'll as in
others, the dye users are awaiting
further settlement of international
trade conditions.
A large dealer stated yesterday chat
the leather, paper and textile mills
in this country are waiting to see
whether or not European dyes will be
"unloaded" in this country after the
peace treaty is signed. 1t is said that
large quantities of coloring materials
have been held in Rotterdam since the
outbreak of the war, and in many cases
these are the property of American
consumers, and will be brought to this
country as soon as shipping facilities
are available.
Swiss dyes will play q large part in
determining prices in this country in
the near future. according to one au-
thority. These dyes are said to be
made of German Intermediates.
The exclusion of American dyes
from Australia is not expected to have
any marked effect on this market, as
Australia is not large consumer Dye
manufacturers do not anticipate an
extension of the exclusion principle
to other British dependencies.
Information has been received from
the official rnprQcortnti of tho Arc
tralian Department of Trade and Gus
toms in New York that dyes at present
on the water, or which will be actu-
ally shipped from the country of ex-
port before June l. 1919, in execution
Of orders placed prior to February 20.
will be admitted upon arrival in Aus
tfala.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23

THE Dry Goods Economist" REPORTS
that retail trade In textiles and ailied
lines has been good this week. but
dealers are buying conseryatively.
West OF Chicago retail dealers have
done large business, and the upward
movement OF prices for raw cotton
has helped trade in the South. In tho
industrial centres, where there has
been cessation Of government work. or
labor unrest, rctAil srsds has been
restricted.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
West Jersey and Seashore

Earnings of the West Jersey e.
Seashore Railroad for 1918 amounted
to $952,6S2. To this amount other
income of $137,50o was added. max
ing total of $1,O90,19l. or s97.3is
more than that of the >vsar before.
The cost of rentals, Interest, etc az
gregated s4o3,4T2, leaving n not Of
S6S6,7lo. Dividends paid were $3.50
Sl2, the same as In the previous year.
Surplus OF sl3,412 was $1l,1a2 larger
than for 1917.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23

adviser on trade matters to the Amer
lean peace commissioners.
The feeling among manufacturers of
machine tools is more optimistic. They
are convinced that buying for domestic
account Will soon make it's appearance
and that good prices can be main
tanned In proof of this contention a
large producer yesterday called atten-
tlon to recent auction sale of ma
chine tools in the Middle West, where
the prices paid by consumers, not by
dealers, reached almost the present
market level
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
To Entertain Silk Visitors

The Japanese silk merchants now
visiting this country will attend a din
ner and entertainment on the roof of
the Century Theatre Monday evening.
The affair will be rendered by the
thrown and raw silk industry of the
United States. On Tuesday the visit
ors~will go to Holyoke, Mass, as the
guests of William Skinner, of William
Skinner e. Son.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
American Bankers Council
To Meet in Nav

Decision on whether the hcadauar-
tiers Of the American Bankers Associa-
ton VIII be moved from New York to
Washington will be one of the most
important things which will come be-
tore the executive council of the Amer
lean Bankers' Association at the an
nual session, to be hold at White Sui
phur Springs May 10, 20 and 81. About
one hundred and thirty members of
the council will be present, represent
ing all states in the Union
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
England Lifts PAPER EMBARGO

The British Board of Trade has is
sued new orders which permit an in
crease in the importation of paper into
England From an English paper man
1T was learned recently that a great
shortage OF all sorts of paper now ex-
lists in England and prices arc abnor
mally high. 1t is expected there will
be large imports from America.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Holidays This Week

Tucsday-In New York City, Aus.
trim Hungary, Brazil, Colombia, Fin.
land, Germany, Guatemala, Honduras
Malta, Nicaragua, Panama, Peru, Phil,
pplne. Islands, Spain, Sweden and We.
nezuefa.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23

Typewriter cloth and cotton cambrics
in the gray or unfinished state may
new be exported from England with
out license except to foreign coun-
tries in Europe and along the Mediter-
>Sanean Sea, other than allied countries
or Spain.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23
Basic mm0dities
March %, 1919
METALS

~ Np'''eu me 'oid
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23

-os1q 8 ars.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-03-23

ON a $1,000 xOAr
The Bridgeport times and evening farmer., 1919-04-01
LOOKING BACK 50 YEARS
(From The Farmer April ?. 1S69)

(From The Farmer April ?, 1S69)
 In the list of vesrymen of St. Paul Parish published in The Farmer yesterday the of Mr. O. E. Buckmaster by an indaverence of the copyist omitted
 Two hundred and forty bummers accommodated with lodgings at the police station during the month of March by proving property and paying charges application to Peter Doolan, Leverty street.
 Messrs J. & G. A. Staples have sold of those eligible building lots situated Union the old Johnson farm to Mrs Martha Mills SOOO These being gradually bought up by wide awake people.
 For the three months ending March 3lst letters have been received at the Post Office in this city and 14SO57 dispatched.
 The promenade to be given by the Library citation, in Wheeer ha the 9th instant will be quite portunity listening the really perform of two bandsThe Wheeler Wilson the
 At the third annual meeting of the Rescue" H. I. Co., No. f. held their John Thursday evening" the 1st the following officers elected for the coming year John w Gordon D. Holden. Hunter second asssan F. H. May, ecretary William land, treasurer John Kienbeck steward EXForeman H. Knight, recommended of the engineers.
 During the evening very pleasant surprise took place F. D. Beardsley eX-oreman to Capt behalf of the beautiful mounted with bearing the inscriptions Presented to Capt Henry Bebel by Rescue H. L. Co., April lst, IS69 The worthy Captain completely surprised but gracefully acknowledged the gift invited the company to his residence where the prate to the occasion rendered.