davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-02-01
Prices Yield on
Curb; Public Is
Not in Market

After early frmness prices Of stocy,.
on the curb yielded Yesterday as Offer
ings increased. The selling cam.
largely from professional sources
Buying power was light even e. ths
opening. The public Is not doing much
in the outside market and observers
are of the opinion that participation
from this quarter Is not likely to in
crease until the market shows NOR.
definite trend
The irregular tendency of prices .,
stocks in the outside market durir1
the last fortnight has made i neces.
sary for the postpoaement OF ths
fotation Of a dozen or more new pro
motions. These include a number Of
new oil properties and industrials
The promoters, in delaying the Offering
of such new issues, are hopeful ths.
another month Will see a revival ~
speculative activity and a wave of hur.
ing that viii enable them % get their
stuff off with a profit.
Unless, however, a new crop OF
SPECTATORS is found II "a unlikely that
new promotions will get the reception
they received last year, when any kind
Of a stock that prom sed to advance IN
by the public he public has taken
enormous losses on q lot Of the stocks
sold last year and in the future viii
probably show greater discrimination
in what it buys.
New-York tribune., 1920-02-01
LEATHER-Larger Output
OF Spring FOof,cecr Expecfed

January production Of shoes did not
reach the large figures expected, al
though factories have been fairly we'll
supplied with spring business. The Pc
riod of annual inventory and short
age of wooden heels limited produc-
tlon- The coming week will see the
scale rise, and, according to rnanufac-
turers, shipments will be more fre-
quent. Some startling styles of WON
ems shoes are going out of the Brook
lyn factories. The short vamp is re-
celvlng notice, while one and two eye
let tie effects are running strong Low
STYLES predominant, boots demanding
price prohibitive to production in some
cases. High grade footwear leads the
demand, and manufacturers see future
business IN their new designs many of
which are less than week old.
Although most OF the local stores
are advertising reduced prices on spe-
clal lines and broken sizes, there have
been few clearance sales OF general
merchandise since the holidays Most
OF the retailers take the position that
1t would be unwise to announce marked
price reductions when it would be pos
slble to replace the goods only ut a
considerable increase There are some
eXceptions however, a few OF the large
retail stores having announced special
reductions OF part Of their stocks.
The lines on which the greatest re-
auctions are given are women's nov
city boots, especially those having
Louis heels. Boots in general are being
sold at lower prices, however, due
largely to the popularity of low-cut
footwear this season.
New-York tribune., 1920-02-01
way, as indicated by the few orders for
silks they are placing at present
JEWELRY-De,'aand for
Easter Watches Exceeds Supply

The demand for watches of all kinds
for the Easter season are heavier
than American manufacturers are able
to supply. The heaviest orders have
been for the cheaper grades of time
pieces which retail up to $50
Small sized ladies' watches of Amer
ican make are very scarce and con-
sequently 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 of
watches from that country among the
larger nations.
Numerous orders for watches are
coming in from South America. Mex
leo, Spain and the Scandinavian coun-
tries, but exports to England have
fallen off considerably. Canada, how
ever, continues to enter the market for
American makes and large shipments
are received in that country from time
to time.
The demand for men's wrist watches
has fallen off greatly, but the popu-
larity Of this style Of watch with the
ladies has more than evened matters
Ladies' wrist watches are In such great
demand that many manufacturers have
been forced to refuse all orders for
Easter goods
New-York tribune., 1920-02-01
Illness Costs n. Y.
S54,00O,00O a Year.
Says ". T. Morgan
Work of Hospitals Invalu-
able, He Contends; Lack
of Funds a Situation
That Merits Attention

Reckoning preventable sickness as
factor which helps to increase the cost
of living. William Fellowes Morgan.
trustee of the United Hospital Fund
estimated yesterday that illness of
10000 New Workers daily caused q
loss IN annual earnings of s54,oooO0o
Every one ought to see to +, tbo+
this yearly cost OF being sick is re
auceG, said MIR. Morgan. at isn't that
;He" OK City IS not u healthfui place
IN winch TO live, it simply means tbat
a great many people are careless aboIt
their health. -
1T cost the forty-six institutions
ahlliated AMI with the United Hospitaj
fund approximately $4,000. .000 le-t
year to do their share Of carin, for
New iork's sick people. They c,rsd
Tor l47,422 patients in the hosnira}s
ana IN addition provided treatment for
ABOUT 100000 other persons through
'nelr chnlcs, dispensaries, etc. Pationfs
VINO were able to pay for this treat
Heh1' and the income from the audo,y-
iheh's or these forty-six institutions
ctoh'flouted only about s6,5O0.00 Of
5nIs lotai. AS result they faced a
oehclt OF about $4,000, 00o when tba,.
The United Hospital Fund has iy7o. sue
ceeaed IN raising all but about o,0oO
6l Da.If us mliilon-dollar fund to help these
These forty-six hospitals last vesr
provided 2.443,562 days OF treatmsn. -
OF which l,2o2.O79 days, or more than
it naI1 were provided free. In addition
they answered 38.270 ambulance calls
ana ana gave l,753,552 treatments tbrongh
thelr dispensaries and clinics. 3 =
one OF our largest hospitals on ~
@ East Side cared for about 1000 rec
ward patients last year. The co.., of
tbs free service was approxima4..l,
$4,000, and during the year. be-
OF ,i iack Of free beds, the hospital vas
op,igea OBJ ...G to Tl turn away many poor peo,
The hospital situation. in NV oninioo &
IS ope that New Workers. should No,
tolerate They, need the active sun
port OF the public. so this free ward
service may continue to be given witb.
cut stint" 0'' " IN
New-York tribune., 1920-02-01
More Idle W WooIen Machinery
Reports Show That Peak Was
Reached Early in Wiu;er

Comblng machinery. wooden and
worsted spindles and wide looms in the
woolen and worsted cloth industry we're
less active on January than they were
on December l OF last year. The COM
parative statistics of active and idle
Carpet and rug looms were
the peak of activities in the industry
was reached in November and Decem-
Der Of last year. The January figures
show Slight gains in the activity of
narrow cloth looms over December, in
carpet and rug looms and in carding
as Of January ? show that
more active on January 9 than at any
time since January, 1919. Idle looms
in the carpet and rug industry have
been stadily decreased month by month
from 65.8 per cent in January, 1918, to
30.2 per cent in January of this year.
The percentages of idle machinery
reported for January follow; Looms
wider than 50-inch reed space, 14.5 per
cent; looms under 50-inch reed space,
1875 per cent; carpet and rug looms,
30.2 per cent; sets or cards, So per
cent; combs, 7.2 per cent: wooden spin
dies, 81 PEE cent. and worsted spindles
10.2 per cent.
New-York tribune., 1920-02-01
SMKS-Decreased Shirt
Sales indicate Marke, Trend

Falling off in the purchases of silk
shirts by the general public, according
to some silk manufacturers, is an indi-
cation of the trade toward decreased
consumption Of all classes of silk be-
cause of the extremely high prices.
The situation in silk shirts Is illus
trated by events during the past week.
a prominent retailer here advertised
sale of silk shirts at S7S5, without
moving much of his stock. People did
not rush to buy these shirts, although
they were self-evident bargains A
silk man who was present at the sale
said that the shirts were made ON ma
terial now selling at 50 yard whole
sale. Figuring three yards Of silk for
each shirt the material alone in each
of the sale shirts, based on present
market value, was worth So Add to
this the high priced labor expended in
making the shirts, the manumacturer's
profits and the retailers profits, such
shirts should be priced around Sl5
apiece if present market quotations
were carried through in all processes.
The silk manufacturer argues that If
people balk at paying s7S5 Tor an ar
ticle actually worth SIS at present mar
ket values, they will refuse altogether
to pay the full price demanded If silk
at present prices goes into shirts.
Shirt manufacturers feel the same
New-York tribune., 1920-02-01
COTTONS-Foreign Fabrics
Cou,peting VifTs Il. s. Cloths

Shipments of foreign made cotton
materials are arriving in this country
in constantly increasing quantities.
from Europe say that the British mills
are sold up for year or eighteen
months to come, that it is difficult to
place orders in England or any of the
Continental countries and that prices
In Europe approximate prices here. In
spite Of all this, local dealers appear
to be fairly we'll supplied with foreign
fabrics. and report larger shipments
arriving almost daily
The staple Manchester cottons have
reappeared in this market, which was
almost entirely devoid of them for the
last three or four years. French cot
ton, particularly high class voiles and
other sheer materials in new and vivid
colorings, are now offered TO buyers
here, and the famous Swiss fabrics
from the st. Gall region are obtaina-
bic. Scotch ginghams and Dutch cot
tons also are coming in more freely.
1t is true that the foreign fabrics
have not yet arrived in sufficient guam
TO any great extent. One result Of
their appearance here has been to
stimulate American textile manufac-
turers and converters to greater efforts
toward high class production. Hither-
to the foreign cottons have been Of a
higher quality, both in weave and
styling than the American made fab
RIGS. During the war the American
manufacturers captured some of the
trade that formerly was the exclusive
field Of the European cottons. The
American manufacturers now are max
ing efforts to hold their newly gained
trade by approaching the European
materials In quality and style.
New-York tribune., 1920-02-01

want American credits in order to pay
! their bills here. that the banks are able
TO charge a premium. and we say that
the dollar is at premium in London.
The Effect on Trade
But what Is the effect of all this? We
know that it cannot go on indefinitely.
And look at the effect meanwhile of the
rates themselves The Americans who
ere selling to Europe are getting less
and less for their credits in London,
their profit. The Englishmen OR
Frenchmen or Italians are paying more
and more In order to effect payment in
America. 1t Is getting to be too cx-
penslve to buy goods here. Meanwhile
those here who buy goods from Europe
are getting them cheaper and cheaper;
those in Europe who sell goods to Amer
lea arc getting the benefit Of the pre-
miums that the European buyer has
to pay them for their claims on Amer
ica. The ordinary tendency would be
ports. But II Europe hasn't the goods
to send US the result will be to bring
our exports down to our imports.
If that is allowed to happen, then our
astonishing export trade, a le.ding
source Of our prosperity in 1915 and,
1916, and leading source OF it now,
would shrink again. Business would
suffer. Unemployment would set in.
And Europe would suffer more than
ourselves, for 1t desperately needs our
goods; industry has not recovered from
It's prostration. and in many parts peO-
pie are starving.
to Europe, 80 that Europe can buy our
goods. We can do this by buying Euro
pean stocks and bonds. Bills of cx-
change are drawn against these sccuri-
ties as they are sold just as if they
were merchandise, and a credit to Eu-
rope temporarily takes the place of its
own value in goods.
You and l
And that is where you and como in.
This credit cannot be extended by
banks. The banks arc the biggest
debtors In the world. The $3.50. 100000
Of deposits of the Mechanics and Metals
National Bank is not the amount of
money that it has, but the debt that it
owes, and the same Is true Of the de-
posits in any other bank. Most of
this debt Is payable on any day or on
any hour of the day from 10 to
o'clock that the depositors may take
it into their heads to ask for it. Con-
sequently IL Is not good banking prac-
tice to make loans running for more
than few months at time. And
the money that we lend to Europe will
be needed for several years. So you
and |, If we want to see business pros
per in this country, will do what we
did during the war when we took Lib
erty bonds. We will extend credit to
Europe; we will buy European securi-
ties, or securities backed by European
securities, as soon as the financial
leaders here have worked out plan
for us that will protect us fully and
will be operative on a grand scale.
New-York tribune., 1920-02-01
Sugar and Coffee

Current Year
prices ago
Sugar. grarulated per ib. As Ql6 3
Coffee, RIO No. 7. per ID. 1854 70
Coffee, Santos No. 8, per 10. e
Sugar-lhe market for raw sugar was
ateady yesterday at unchanged prices and
without new r. nsactlons. 1t was esti-
mated that aDou, $4,000 bags of cubas.
first half Fehruaty were available at 12c.
cost and freight, together with some Offer
ings Of Porto Ricos at lac, C. l. +. These
offerings failed to attract buyers, but op
orators We're showing an interest in anoat
sugars and sugars to arrive within very
few days, to be appl!ad to uncompleted
tolI' contracts Cuban cables report $50
Centrals IN operation Advices state that
the Middle West Is very short Of granu-
lated sugar. with no immediate relief In
sight. 1t is expected that arrivals next
Week of raw sugars to refiners Will be very
heavy and should save the situation, as
far Eastern territory IS concerned.
Prices for refined sugar remain unchanged.
Coffee Future,--,hc market opened un-
changed TO 5 points lower under con
tinuation of Fridays selling movement.
Longs let go their holdings freely and tho
decline caught stop orders. which caused
d sharp break Of about 30 points, the de-
cline being checked only after March had
touched l4.15 and May 15c. from this
level there was sharp rally. due to hur-
ried covering OF shorts over the week
end, final prices s4Owius net declines O.
II 10 20 points. WIKI sentiment nervous
and foreign exchange rates. longs who
New-York tribune., 1920-02-01
Commodities
Cotton

The market broke sharply during yes
terdays late trading aa result or re-
selling by brokers with Wsu Street con-
nections The latter was supposed 20 rep
resent the reinstatement OF short lines COW
cred during the middle Of the week, ana
the decline accompanied by reports
OF easier spot basis In the South The
presence OF selling orders hero from the
there was continued nervousness over
money and foreign exchange rates. and
Tulnors were circulating that a small lot
of cotton would be shipped back to this
country from Liverpool owing to the break
III sterling exchange. These rumors were
not generally credited around the ring az
the English market has advanced whom
ever exchange rates have declined, but
probably added somewhat to the generally
unsettled sentiment, and the market closed
easy al net decline Of 40 to 70 points
The market opened steady at "A decline
OF to - points under scattered Southern
selling and lia9dation The early offer
little buying on bulllsh statistical features
such as the amount Of cotton ship
able Weekend reviews OF the goods mar
ket. This caused slight rallies during the
middle Of the morning, but the advance
met Wall Street selling and liquidation
became moro active toward tho close
when May broke to 02c ana active
months sold As to "a points nct lower
Last prices were at the lowest on most
positions
Private cables received here from Iiver-
pool said that amicablo agreement wsR
expected on a new wage scale to tako effect
in Lancashire after the end OF March. when
the present agreement terminates, and
Weekend reviews OF the domestic goods
market were generally faNOrable These
features seemed to attract very little at
tention, however, and The Southern selling
here was considered in line with the talk
Of an easing basis, although it was not
active enough to indicate any general
weakness. The amount OF cotton on ship
board awaiting clearance at the end OF
"a hall
Az 600 last year
The local spot market was quiet ana
New-York tribune., 1920-02-01
Folucanocs in Su,,.,r.

The Boekit Barisan, series ~
mountain ranges running the whole
length OF the island Of Sumatra near
the western coast, splits in the norts
into parallel chains which encircle tba
broad Karo-B plateau and the vast area
Of Ioba Lake. In these partially ax1
piored ranges there have already be.n
discovered ninety volcanoes, twelve ~
~hich are now active, the construct,va
ana destructive forces of Sumatra,s
formation.
New-York tribune., 1920-02-01
utter, Cheese and Eggs

Eutter-Recoits We're 4417 packages.
Ss1reamery; ere higher than extras; ID. s41s q
to 81 score, 61GQ63c, hrsts. SO TO 50 score.
oS y q 90 &c, seconds, So to ST score. s. %
oSc; lower grades. 52G154c; held. higher
than extras. G2Ia 63c. extras, sl4 62c;
nrsts 5SW60c seconds 54GQ 57c unsalted
higher than extras 67l5 Q063c; extras 66
Yo'c; hrsts, 6i q SIC; seconds, $50 SOC :;
PRIME, 65 q 6le, common to fair, 4sQp
% 20 q 5sc; imitation creamery, nrsts, $50
seconds, 43 a q 44c; lower grades. Al p43c
packing stock, current make, No i. 4Sc !;
No 2, 42c; lower grades, 39@ 41c.
q 32c: average run, S0WSlc; lower grades
2OW29c; twins held. specials whites. 30
- 81 = c; coiored Sl@ 1ac. average run
white. 200 - nc; colored. 3OQ3Qlac, lower
grades, -OW1sc: current make 26@ 30c 4;
Wisconsin. whole milk twins. 2S Q5oisc
s!ngle Daisies, fresh, 81 "a lpS2c; held. II "a
@$3c; double Daisies, fresh. 31@3l'c
held. Sl'032c; Young Americas, fresh,
33 n 23Sc; state Skins. fresh, specials, 20c
prime to choice. 16Wlsc fair to good. ii
u SC; lower grades, 7GI3c.
Esgs-Receipts s. .3i3 cases. Fresh gath
cred, extras, dozen. 50 a &c, extra firsts
69 u q 64ci hrsts $50 CSC. seconds and
poorer. 90 q 59c, refrigerator tirsts. charges
paid, SIG 59c; seconds. As Q5io; under
grades, 3oN 45c; checks. 32035c; state.
FennsylVania and nearby Western hennery.
hIsts' G1W W72c; gathered whites, hrsts to
extra hrsts, 40 &c; state Pennsylvania
and nearby western, whites under grades,
% q CSC: pullets. 63465c Pacific Coast.
whites, express extra hrsts to extras 700
100 hrsts. 60 CSC, pullets. Petaluma,
% b5c, other sections. 90 q &c. other
SS q 7oci state. Pennsylvania and nearby
hennery, browns. extras. 674 66c; gath
ered brown and mixed colors, extras. 65 y
Csc; firsts to extra hrsts, so q 64c
New-York tribune., 1920-02-01
Business Items

Joseph Taylor Robinson. United States
Senator from Arkansas. Will be the princi-
ou speaker at the first annual banquet oil
,he Associated Dress Industries to-morrol
'ight at the Hotel McAlpin. His topic VIII
b. Tho Cure for Industr!ar Unrest" The
dress manufacturers expect many OF the
buyers Tor retail stores now In the market
Win attend the dinner.
New-York tribune., 1920-02-01

and unsettled over ths question OF money
had carried coffee through previous breaks
were evidently discouraged and disposed
to let go.
In the cost and freight market there
were no new offers and indications pointed
to an unchanged market. The local epot
market was quiet and lower. Rio ~ being
quoted at Is nc.
New-York tribune., 1920-02-01
Two Schools for Blind in Rur,,.

- mere are two schools for the blvd
I'm burns, one at Rangoon and ona - =,
Mou,meln. The former, with fftean
pupils OF whom seven are girls. nov,
enjoys the services OF blind Oxfa,'
New-York tribune., 1920-02-01
Markets i'm ()GI2er Cities
Baltimore


Open High Low. Last
5a5 5sS 5sS Ss5a'? Sso, Coal ~ .5x ~ 75,s
'aS g na3i5aSie nayisaS r. 3 3 = = 45% e 35%
1S3 Md Cas- rts...l9 10 10 10
'i Was 9.se4 & Z 1s 5as 55is 55, 4 r., 5s 5s
$1,000 Ala q & 1r 5s ~ s7ls e7A 97i4
1000 Uni Ry Inc Is 81 & 81 o1
Boston
% Az Ahm9sa c6a,i.... i. Z 4 r r z z
iS fS hisr5as hIs nssF' . 81 ~ 81 81
q e s SsIss Ss@s$n 81 . N"s:.. : : ss4 *
!g5 sas1' sasf hati@ '1i9 "a, ~ ~ ~. 5ss -. 50
2g0 % Iianeoek T. ..... - So 5ls a.
10 MayGo@er o g sss *
%sIlsi9s %ss.5 Its,s. SIS. IS. ~ ~ Z 9#4 IL
2oo seneca ....... 1sa. 1ess l6il le4
900 900 !T@9,SS,n Ta6 s Boston 5, - =. -.
I64 L 5 smei,er pf a A a q
52 ltah CONS .... s1s 9is
Railroads
2s95 Boston & NJ. aa .. 50 3.
!; i. 81, S. ! ! !; J; !! j.
Miscellaneous
5S i 19o..sa5 An AsF 9f 20 E ~ = ls5 e
10 10 % gf s133 So si3,s sIie
4s8 Am r & T.. sa7s ee7s s9lt 99l4
3. g A Wool pf. .-lo5 l95 lo5 lo5
100 Century steel. ga 81,
nasssrn la,@# n Mfs Is ~ si4 - ssa
~ 40 30" of 7'.... B., -. ss.. -. ~
20 i.oews Lev ''.... .... l64 I6a l64, I6iss
40 Mass Gas ..... l2A4 72i4 72la 72l.
~ NJ do Q . pf =. =, 81 81 ,sd 81 81 81
s93 National Lthr.. 10 l5ls Is l5la
,o5 80 oaio Isi BODY 81, 50, s -: Ss Ss3s g.:
25 Parish & B.. 43 43l. ~ 4sis
: sssSmat a.,5. s'Sss SIN !.
- s%l5' 5d ,a,ar2, q 49, y l2S 20 l25'4 l2S
1897 usiS.a n 5.s sn5s. Ss' Is i5: ij . s.. II Il.
10 do pfd...~.. % 25 - %
llo Ventura. ...... Is IS IS Is
,1Se 400 Wa5e9g[ y'ie,oa,5 1s@ 39s ll9.' js4s
5Walthaln Wat 43ia 43h 40 43a
Bonds
$4,000 Carson 7s.....1l9 40 10 llo
5000 Cen Nermont4s so 50 80 "a
1000 Chi Jet SY IS S2i. s3ia 83A s5lA
1909 Miss River IS. 49,. T5ia 1911 TaI
Boston Curb
BID. ASKED pit Ask.d
Blk Hawk Is Mex Metals 2 iS
Bohemia -. IL. Mid MosssT 70
Bos & Mon..7o II Mol Tung 10 "a
5ala9eras a Monaro h. g7 90
Champion . INtl L 3 4 s .
shief Con-. 3siNev Doug Il II
con Gopher 41s 5 New Baltic. S1
Crown .trs..3Q 50 Nixon - q
penolsh 81 81 ,onondaga ..l5 20
.agle BIB. 21-l5 -, iOrpheufn s2ss ssN
Fortuna .... Ia 3 ipilrriln 81 -
iadslen &C.. Ia ! y Pioneer liL II.
dona /. .~..14 Ii Ranger pst-. "a
New-York tribune., 1920-02-01
Business News


A full
still
banks
essential leans The Tate last week held firm at cent with & the
The efforts bankers and dealers greater interest the
bills outstanding throughout the
its
as follows:
so 80 days
Eligible member banks 61aQl5A4 6B@5h 6HQo
IIigib BILE non
bankb
New-York tribune., 1920-02-01
Livestock. Meats, Proyisions
Testerday. Year ago

1.-Two III ceIA lair
to primo. 100
lbs ......-...$ 5
Dressed b g Q (
sides, ID.
Live yeala COM
mon to primo,
100 lbs.
Dire ssed vc q |,
city. ID.
Live ewes, 100
lbs. ..........
Dressed mutton,
city. lb
Dire ssed lambs,
city. 100 lbs.
Hogs, 100 lbs.
Live lambs, fair
TO prime. 100
lbs.
Dire ssed h O K y.
bacon. III
Mess be ef, bbl
Lard. Mid. West
100 lbs. -.
Mess pork. bbl.
New-York tribune., 1920-02-01
PITTSBURGH

;, 599 l7q Arkansas Gas 2s1s 20 1914 20
~ 1o Lsarns Corp 90. 55at 64S. 55s.
lVg Carlo Hy pt.. 4ss AZ AZ -,
80 Guffey Gill. S3%s 332. 33s Az
% Lone Star Gas. 81. az, 243s "A -
- Marland Ret
90 Ohio Fuel sup ~ 80 ~ a.
gee Okla Cas-. Al 40 a.
10 Pgn Brewing 5 6
IoQg Pgh Jerome. ls Is Is ~
~ tgn ri Glassl71 III III III
s6 iHiVerside East IN 2Aa
90 90 West B....1ls 1l6 lls Ile
~ west Elec -. 54lz 54l. 81. 5.A
New-York tribune., 1920-02-01

5000 Cen Nermont4s so 50 80 80
1000 CHI Jct sY 5.s S2i, s3ia 83n s3}5
1000 MISS River IS : 75l. 75E T5Is