davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-07-25
Silks
Jobbers Raise Price OF
Popular Weares of
Charmeuse

Jobbing trade in dress silks yester
day moved along at quick pace
Buyers showed up in the market in a
steady stream. Some Of them were in
clined to dispute the high prices asked
by the sellers, and in consequence did
considerable shopping. which, accord
ing to the leading jobbers, did rot avail
them anything in the way OF bargains.
A number of the jobbers increased
their quotations for the popular
weaves of charmeuse from S325 to
$3.50 a yard. 1t is difficult to get
enough of this fabric to meet even
partly the urgent demand. Manu-
facturers who adopted a conservative
policy earlier in the season in book
ing advance orders have been able to
make limited sales from stock at the
present profitable price levels
One Of the leading concerns which
opened its books in the fore part of the
week for sales of skirtings announced
that these goods will be withdrawn
from the market on Saturday. The de-
mand by that time will have absorbed
potential outputs for the spring selling
season.
Some OF the designers of STYLES for
the big manufacturers expressed the
behef that yellow, green and the cop
per shades of red were likely to be in
great demand for evening wear dur
ing the coming winter, and probably
tor spring frocks, too.
New-York tribune., 1919-07-25
Chemicals
Soda Products Acsiuc on
Advancing Market; Ex-
pOrfers Buying

Bichromato Of soda made further
advance OF 2M cents yesterday to II
cents q pound. A large number of
buyers were reported in the market
The rapid price advance during the
past few days is attributed to the
active export demands ard to the fact
that the supply here is scarce and
mostly in the hands of manufacturers
Orders for sodium sllphidc over the
rest Of the year have been coming in
during the past few days from tam
ners, dye manufacturers nnG cleaners
OF 1nbrcs Large orders hive also
been l,'eced BY concerns engaged in
the sulphurizing of lead ard conner
and by chemical companies which
manufacture bisuplhde Of soda. Prices
range from 2E to 9 cents pound, ac-
cording to quantity.
Yellow prussiatc Of potash is still
ecarcc and quoted at 80 cents a pound
for spot offerings. Because Of this
scarcity demand is shifting to yellow
prussiatc of soda, which was ycstcr-
day, qyoted at 1s cents pound for
carloads and 1872 cents pound fo,
small lots Active buying at these
prices was noted.
Nitrate Of soda was quoted at 10
cents pound ye1tercey, Foreign
shipments have been delayed because
OF tho marine strike, aud so prices
remain at relatively hirh level. 1t
vas stated that frccr imports word
mean lowariAk of Glo,aticns.
Copper sulphstc and Ill copper de-
rivitives continued firm becausc of
the general convection that tho pr,1c
Of tho basic metal w,Ad go stlll
tiRhcr. manufacturers Of Plareware
were large buyers Of wh to powdered
New-York tribune., 1919-07-25
Business Money

Commercial borrowings continue
comparatively light in volume and
rates rate, are unchanged. The market is
established firmly on 51a per cent
o"sis with only few choice bills b.
lng discounted at a more advantaooous
rate. . "'
The acceptance market is SLIGHTLY
moro active, but the turnover Of 6usi-
ness is far under what might be ex
pected IN view of the efforts being made
TO develop the use of acceptances. The
SITUATION is described by "Thc National
acceptance Journal" official organ Of
thc American Acceptance Council thus:
from the statistics covering the dis
couaJ Of acceptances, it is becoming
evident that the reserve districts
throughout the country are not doing
their fair share. The impression
seems to prevail that New YORK is the
loglcal discount market and thore is
ollen SO great volume of acceptNnces
Ill TINS city that the banks cannot alb
sorb them
"lhc result is that the CONNIE rcial
papc: brokers arc forced to carry q
large amount Of acceptances to ma
trrity. The Federal Reserve act was
iraned with Che express object Of de-
eantrali4ing The money market. 1t vas
hoped that jealousy OF New York would
nc eliminated by tho act. Since the
same fncilites exist in all reserve dis
t.lcts there Is no good reason why
New-York tribune., 1919-07-25
Glassware Is Dull
Trade Hu:' by Prohibition. Ac.
cording to Dealers

prohibition has greatly crimped
trade in drinking glasses. Vendors of
SOFT drinks never will use so manv
glasses as the saloons, according to
the leading dealers in glassware.
I rade. which had been dull when pro.
hlbltlon was in prospect, is even duller.
now that the ban is on strong drinks.
business in chinaware, sllverwarc
and cooking utensils for use in hotels
and restaurants is in good shape.
Dealers expect that the number of
restaurants Will multiply to the ad-
vantage of the chinaware trade. Con-
siderable quantities CT chinaware or
vltritied earthenware are being re-
ceiVed from England 1t is said that
American plants are turning out more
nigh grade real chinaware than ever
before.
Demand for illuminating glassware
is brisk. Domestic manufacturers are
supplying the market with this class
of glass, considerable quantities of
which were obtained from Germany
and Austria prior to the war.
New-York tribune., 1919-07-25
Ecaii,cr
SEscepsE,i;,ss Taking Place
of More Costly Kinds
of Leather.

Shecpskins arc expected to soar to
new high prices in the near future,
local dealers state. Skins arc now sell
ing for about So dozen. o. % cents
4 foot. Owing to TIC high prices pre-
vailing for calisllins, kids, horsohides
and other skins, leather men arc buy
ing sheepskin, which ia among the
cheapest hides on the market, in very
large Quantities and substituting
wherever possible. soale dealers c1-
pect t, see shecpsi;ins selling at 30
cents & foot before ionr.
1t was stated that buyers. who would
ordinarily wait until later 70 90 out,
arc now securing the country 70 get
ell the skins available in expectation
o. Increased prices. They arc finding it
difficult to secure the amount of hides
desired
Dealers state that importations from
Australia and New Zealand arc not
coming III with desirable regularity.
Several shipments viii come one week
and then two weeks may pass before
another consignment arrives. hosc
imported hides are of better quality
than the domestic skins and command
prices ranging from SIT to $23 q Gozen
New-York tribune., 1919-07-25
Navy Minimum
On Heavy Melton
Tops Buyers Views
Other Surplus Fabrics Sell
at Prices Somewhat Below
Current Market Quota"
tions; Sale Next Month

Not a single bid was received for
the United States navy's surplus 30
ounce navy blue melton finished cloth,
upon which minimum of IS ward
had been set. or for 1S-ounce cloth, the
minimum on which was s425 ward,
when the sealed proposals were opened
Yesterday by the Board of Survey. An
praisel and Sale at the BROOKLYN Navy
Yard. The natural inference was that
cloth lobbers and clothing manufact-
urers considered the minimums too
hleh. The 10000 yards OF So-ounce
c'oth and $1,000 yards of lS-ounce
cloth will again be offered the latter
part of next month. along with large
assortment of other surplus cotton and
woollen goods which the navy still has
on hand. 1t is expected that the mimi
NUNS will be reduced in the next sale.
On the all-wool serge. cotton warn
serge and cotton denims and venetians
offered slightly more than minimum
prices were bid, although the high BIDS
IN most cases were below present mar
ket prices.
Average bids of slSs yard were
received for the 100000 yards of O.
ounce all wool navy blue serge. upon
which minimum OF Sl.75 a yard had
oeeH set. -. hoScntnat q BROS. made
high bid of sl90 yard for this
material.
The half million yards of s 70 ets-
ounce navy blue cotton warp serge
brought out several bids over the rs
cent minimum established The bids
averaged around so cents "A yard. Joseph
Kline made bids of 20 to 50 cents n
ya-d for 10000 yards Of this material
SIXTY Of the seventy five bidders rep
resented in the sale were Interested in
the "a GOO yards of navy blue denim
offered at minimum Of u cents
yard. The high bids for this materiai
"ere pa cents yard for 25 900
yards. by Sol Heller. and 2g.27 to 30 az
cents yard by the Quaker Manufact.
uring Company. of Philadelphia, largo
overall manufacturers. The navy Off
Gals in charge of the sale have recon-
mended that Mr.. Heller receive 25 .oon
Yards and the Quaker Manufacturing
company the remainder of the offer
ing
Average bids Of 52is cents ward
2 cents above the minimum, were re-
oeivcd for 100000 yards Of black vcnc
tan or lustrine. and the goods probably
VIII he allotted at that figure.
New-York tribune., 1919-07-25
India Places Large
Orders for Diamonds
Japan, England and France
Also Competing in Eu.
rOpean Markets

Shortage Of skilled labor is not tie
real reason for the scarcity O. dia-
monds and other precious gems in Eu-
ropean markets, in the opinion of a
prominent importer who just returned
from five weeks trip abroad.
Some people imagine" he said yes
terday, that America is the only
country in the foreign markets on n
large scale. but. of course, this is nc.
so. India has entered the gem field.
and IS trying to place enormous Or
ders; Japan and England also are
IN the market 20 obtain large quanti-
ties OF precious stones, and France is
placing orders on a larger scale than
ever before. The combined demands
nave resulted in buying of such uu.
preceGeNted volume that the supply
SIMPLY, is not large enough to go
around.
small stones. such as those used
IN settings tor watches, brooches, rings,
ETC.. are especially hard to buy, aNd
NOSE fortunate enough to secure any
OF these gems are paying from 40 to
- per cent more than they did previ-
ously But buyers are only too willing
to pay almost whatever the dealers
ask, and the latter have not had the
leasJ difficulty in disposing of their
stccks despite the big advance"
All business, this man said is con-
Quoted on strictly cash basis. For
merry buyers could purchase precious
stones II European markets on eight
to ten months terms, but not now.
you cant pay for the goods i'm
mediately some one else IS only too
willing to do So" he said.
New-York tribune., 1919-07-25
French Merchants Are
Changing Trade Ways
Opening Of Exhibition Here,
High Commissioner Says,
Marks New Policy

American merchants who desire to
handle French goods of the applied
arts class were given an opportunity
yesterday to make purchases without
going abroad, when an exhibition of
the products of sixty manufacturers
was formally opened at the Hotel
Pennsylvania. The exhibit, which will
continue for thirty days, is held under
the auspices Of the French government
and is the first Of a series to be held
semi-annually.
At luncheon marking the opening
of the display, Maurice Casanave,
French High Commissioner to the
united States, spoke of the efforts of
his government to reestablish its posi-
ton IN the commercial activities Of the
world and pointed out the various OBJ
jects of the exhibition.
MIR. Casanave said that the bring
ing OF French merchandise to Amer
lean markets was departure from
the pre-war policy Of French manu-
tacturers and was done because they
believed it would serve to hasten and
the two countries.
Sometimes reproach was made
against our merchants" he said chat,
confident in the excellence of their
products, they did not care to facilitate
business for their buyers. You see,
they are changing their methods now
and are adapting themselves to your
desires. The war has, to that extent,
benefited France, by modifying and
modernizing the spirit of their bust
ness"
Mr.. Casanave emphasized the desire
OF France to pay her war debts, de-
clarlng that those who spoke to the
contrary were enemy prop&gandists.
l know there are somc,' he said,
"who pretend that France, bled white
by the war, is completely finished and
that its only desire is to live on in
ternational charity. That is not true;
France is working; France will pay
her debts"
Among the articles being shown are
cnameled goods, iewelry, silvcrware,
artistic glassware engravings, medals,
tapestries, crockery, art hronzes, laces,
beaded bags, toys and merchandise.
known under the name OF "Articles de
Paris
New-York tribune., 1919-07-25
Woollen Mills Adopt New
Method Of Sam bling Goods

Woollcn and worstcd goods for naxt
spring uec will be sold from blankets,
strip Of goods in which the various
weaves and colors that mill pro
duccs are woven together. and not
from sample ends as formerly, ac-
cordng to many mill agents. The
shortage Of yarn and labor at .hc
mills is said to be so acute that the
elimination Of sample ends will be
resorted to as one method of economy
Many Of tho mills declare they are
so far behind in filling the orders for
fall goods that they will be unable
TO produce lightweight materials for
next spring. Those who contemplate
doing a spring business say they will
coniine their production, which will
be small, to the staple fabrics and
will make no effort to bring out nov
elites, particularly in weaves. High
colored goods are expected to be in a.
great demand as they were when goods
were sold for this fall, and conse-
quently bright colors will be shown as
much as possible it is said
New-York tribune., 1919-07-25
Rubber
Henvicr Buying of Crude
Rubber by Tire
Producers

Increased buying of crude rubber yes
terday resulted in higher prices for
some of the leading grades. Tire man
ufacturers were reported to have
placed good orders for the virgin pro l.
ucvt. and this movement was supple
mented by intertrading among the deal
ers. The plantation rubber kown
as smoked ribs was quoted at 10
cents a pound for prompt delivery and
at Al a cents for shipment during the
final quarter of this year Sales Of first
latex were made at a cents a pound for
immediate consignment, while for stock
to be delivered during the period of
October to the end of December 42s4
cents was demanded
Druggists sundries for domestic use
are in light demand, but export trade
IS said to be thriving, especially with
the South American countries. Fair
sales have been made to hospitals in
the large cities of China. Home trade
lnbathing caps is of excellent volume.
New-York tribune., 1919-07-25
Textiles
COnUerterS and J0bbers
Do Large Business in
Cotton Goods

AS the mills have only limited GUAM
titles of cotton goods sell, business
yesterday, in what is known as the
primary market, was light Trade has
swung to the converters and iobbers.
all OF whom put through large sales.
Garment cutters bought in liberal
way for immediate Shipment and the
representatives of the country's lead
ing Jobblng concerns also bought
heavily for shipment during the
months of December and January.
Looping houses in turn made good sales
10 retailers, who need merchandise TO
keep their counters reasonably we'll
supplled. In most instances the buy
ers for the retail dealers requested
that shipments be made by express.
because of the limited supplies of
goods in the hands of the iobbers
buyers for the retail stores were com.
pelied to shop all over the white goods
dlstrct. Some of the selling agents
tor the producers of bleached goods
reported that they had rejected numer-
GUS export orders which, it was stated
could not be accepted at this iuncture
when domestic buyers are clamoring
Tor goods in a tight market. One Of
the leading producers of colored
fabrics announced new price list
which carried advances of IL cent a
yard. Diminishing buying was noted
IN the gray or unbleached goods end of
the market. While the mill agents
quoted firm prices second hands made
some sales at about Il cent under the
mus quotations. The print cloth
lasfic designated s0S0s, supplies of
which are light adanced to % cents
yard, this being a new high record
New-York tribune., 1919-07-25
Changes in Styles
For Fall Garments
To Be Less Radi cal
High Cost of Cloth and La
Dor Precludes Making Up
Large Number of Mod
els, Say Manufacturers

Eager buyers crowded the showrooms
At apparel manufacturers again yester-
ssv for the purpose Of ordering fall
stocks of women's cloaks, suits and
dresses. The bright weather enabled
those in quest of merchandise to move
shout more quickly and put more speed
INTO the inspection of garments and the
drafting of orders, following the slight
slowdown on operations during the
early part of the week because of the
rsn Manufacturers expect no letup in
the demand for several weeks.
As the buying season progresses it is
Incoming more evident that the manu-
facturers need not worry about dis
posing OF al the mercandse they can
nroduce for the coming fall and winter
unless some unforeseen turn in affairs
should render cloth and labor more
sbundant and cheaper.
Smaller Merchants Complain
The smaller retailers continue to
complain OF high prices, but in the end
place orders for about their usual
amount OF merchandise, which means
the expenditure of approximately SO
per cent more money.
Whether or not it is wise to buy far
in advance is frequent topic of con-
yersation among the representative of
retail stores now in the market. Most
Of the buyers seem convinced that the
market Will be on a much higher price
level a month or two hence and there
fore are disposed to order as much as
possible Immediately. On the other
hand, some buyers argue that styles
may change within that time and that
ii will be necessary to make another
buying trip later on if the new STYLES
are to De obtained.
Some of the largest end best known
manufacturers in the industry declare
that there can be no radical style
changes this year and that the seasons
business viii be done on models now
being displayed with but few altera-
experimenting with new styles, they
say, and III addition to this it is an
parent that the great demand for mer
ehandise vii labsorb most OF what can
be produced regardless of style.
In the waist industry this is partic-
ularly true, and many OF the waist pro-
ducing concerns which formerly brought
out new models every month or six
weeks intend to show new designs less
often. In the cloak and suit industry
il is said that a sample maker now con
sumes 6 week in turning out new
model which formerly would have been
produced IN two or three days. Under
the week work system in the cloak and
suit trade the figuring of the cost of
labor on each garment is more difficult
than it was under the piece work sys-
TEN and this is said to tend toward a
lessening OF the number of new models
manufacturer might desire to bring
out,
New-York tribune., 1919-07-25
Metals
Price OF Lead Advunced
to 6 Cents; Copper
Holds Sleo{Fy

a broadening Of the demand for
lead caused the American Smelling and
Refining Co. to advance the price of
that metal yesterday from 5A to G
cents a pound.
Although the demand for copper has
slackened, the selling agencies are
holding prices firmly. One Of the
large producing interests had only
copper for September delivery for sale
and was asking fat "a cents
In a review of the general situation
in the copper market the National
Conduit and Cable Company, a large
consumer of the metal, says:
"a careful survey and study Of the
situation lead US to predict with al
most absolute assurance such n cumu-
lative demand for copper during the
next five years as will tax to the ut
most the capacity and resources Of the
producing industry to an extent
hitherto unknown"
New-York tribune., 1919-07-25
1. s. Chamber of Commerce
Officials to Tour the West

WASHINGTON, July' 24.-For the
purpose of studying business condi-
sions in the West, officers and directors
Of the Chamber of Commerce of the
United States, headed by Homer l..
Ferguson, president, will leave Chicago
next Saturday on 4 three week tour
that will carry them to eleven cities
Tor conferences with leading business
men at eacn point While at Seattle,
WASH. August to 10, the regular
meeting ot tho board which usually
takes place here, will be held. Cities
to be visited on the tour are Omaha,
Denver Salt Lake City, Los Angeles,
San Francisco. Portland, Tacoma, Seat
Tic. Spokane. Minneanolis and St. Paul
New-York tribune., 1919-07-25
The Shell Transport
Stock Oversubscribed
Block Of 27?.O00 Shares Taken
In Fifteen Minutes After
Books ODenefi

An offering yesterday of 277, 900
saalei e common stock of the Shell
Trar spot and Trading Company, Ltd,
hy Kuhn, Loeb & Co., to financial
atrlas WIS heavily oversubscribed
within fifteen minutes after the sub
scIlption books were opened, The
bankers announced later in the day
that the books Of the syndicate had
been closed. 1t was reported in other
quarters that the oversubscription was
ten times the amount OF the Offering.
i circular letter to the bankers
slgned by Marcus Samuel. chairman Of
the Shell companys board Of directors.
stated that the Bataafschc Petroleum
Company the producing end Of the
business, had established a reserve Of
os,00O,OO forms for losses on its Rus
aihl. interests and on exchange.
As the Russian interests" said Mr.
samuel, stood in its books at 56.sO5,-
,wO Horns, the whole amount of these
investments - thus covered. The same
COMPANY has further an insurance fund
OF 100000 forms and depreciation
fund Of 90 2,995,750 forms"
The profit and loss account Of the
company for the calendar year 1913
showed that dividends from "sundrv
companies and other credits less
debts we're e2,771,903. and that in
tsress on Investments, loans. etc, to-
tailed g .239 032. The total profit and
loss surplus al the end Of the year was
s4.l32 ,6S4.
Inc american interests OF the Royal
,nu'ch-Shell Transpor. combination,
M Samuel said, were expanding rap
idIy. IL owns q predOminatinr interest
n the Roxana Petroleum Company Of
oK.ahoTa y and the Shell company Of
california. The former has at its dis
posal storage facilities Tor 2.232,O00
oafrels, and its production in 1917 was
So5o0O0 barrels. The total production
0i the California Shell company in 1917
We was $4,000 barrels, and in 1913 g.
$4,000 barrels.
The Mexican Eagle Oil Company,
Ia, OF Mexico, recently purchased
lfom ). Pearson & Sons, in 1918, pro-
eaced 17,390,827 barrels, and is at
present exporting oil from Mexico at
t sae rate Of approximately 100000
barrels month.
- Inc total production Of the Shell
transport properties last year was
sepct 100000 barrels, exclusive of
-. "..ss.a. In 1917 the output was g.
tp.s'S9' barrels, Of which ,53O,97l was
..oss1an. Interests of the company in
~ szis country state that earnings for
;a .ae current year viii be substantially
~ excess Of the 1913 TOTAL.
AGhn, Loeb {; Co. announced Wednes-
~ mat their total purchase Of Shell
:. ..anasporc ~ holdings was 10000 shares
VI tne Common etorL
New-York tribune., 1919-07-25
The News of Business
Shoes nt $25 o. Pair
Still in LUXURY Glass
I 'ci''y o1 GOOD Footwear Can Be Had at Reason
able Prices, Manufacturer Declares, if Buver
Picks Out Right Store

ShoPLE who want good shoes will
IL not necessarily have to nav 500 or
$40 pair for them this fall. as Soma
retailers are predicting, is the view
OF Mr.. Wendell Endicott, of the Endi-
coo'-J johnson Corporation, the LARGEST
manufacturers Of shoes in the world
oerViceablc dress shoes of high orode
leather, he said yesterday, NAV be- had
at prices ranging from So to SIS na;r
Mems working shoes made Of heovv
leather can be bought at from Sd n Sc
pair. S'
do not doubt" said Mr. End;co++
mat shoes will sell as high as 500 or
go Pair in some stores next fall
ihcy are the class of shoes that sold
10Y SIG and $18 pair last Yea vear '0's
man does not have to pay such hieh
prices unless he wants to- There az
plenty OF good shoes on the market at
reasonabls rates, and the consumeruh
goes to the right places can get gond nJ
footwear at prices we'll within his
Mr. Endicott emphasized the neces-
New-York tribune., 1919-07-25
Raw Silk Buying Heavier
Advancing Prices Cause the
Demand to Quicken

importers of raw silks reported yes
terday that the advancing tendency
of prices had accelerated buying, both
Tor immediate and future delivery.
Advlces from Yokohama indicated that
all traces of weakness had vanished
as the result Of increased buying op-
erations. Locally Shinshiu No. j was
quoted at S9.92is pound, while
kansai double extra was held ut $il.O5.
1t was predicted that prices would 90
still higher. Reports from Milan told
of active buying in that market by
American interests. and similar news
was received from Shanghai. The
Cantonese holders of raw silk were
said to be disposed temporarily to re
tam their stock because of expecta-
tions of higher prices