davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-08-28
Demand for Tweed
Suits May Serve
To Improve Wool
Popularity of Apiece Suits
Expected to Increase Use
of Low Grades; Quantity
Used in Week Is Smaller

BOSTON, Aug. 27.-Offerings Of
four piece tweed suits, the extra piece
being knickerbockers, by prominent
clothing dealer here, has led to the
statement by wool merchant that if
there is any sale of these suits in
quantity, it is perfectly reasonable to
expect a reflection in increased values
of medium and low grade woods and
noils. or short fibers. These goods are
most satisfactorily made with the
grades of wool mentioned. From pres
ent indications these four piece suits
are going to be popular.
In fact, a feature of the week has
been an increased demand for low
quarter-blood grade woods (coarser
than the medium grade wools). There
has been a steady demand for choice
fine wools and wools of half-blood
grade of good length. The new wools
from the Far West have been rapidly
absorbed by manufacturers as fast as
ket While q smaller quantity of wool
in the aggregate was sold than during
the previous week, some dealers say
that it is only because supplies could
not be made ready fast enough. The
fact that the American Woolen Com
pany is so we'll sold up on the next
seasons goods, coupled with the en-
couragement individual mills have re-
ceived in the way of orders, seems to
give full assurance that the current
market values are likely to be fully
maintained for the balance of the
year.
The marked activity in scourged
Cape or South African woods has some
what subsidized for lack of fresh sup
plies, for the Cape market Is closed
under the Fordney tariff bill for any
further importation at present. In
place of these wools buyers have taken
whatever Texas and California woods
have been available. Fairly heavy
purchases of medium grade woods
grown in the Middle Western states
have been made in St. Louis and Chi
cago by Philadelphia mills. 1t is
rather early for these mills to operate
on such wools.
Announcement of the coming auc-
ton sale of approximately 100000
pounds to take place here September
has little or no effect on the Boston
wool trade, due to the fact that the
Offering will consist, as before, princi-
pally of low grade carpet woods.
New-York tribune., 1921-08-28
Many at Night Auctions
OF Lots at Cedarhurst
Spirited Bidding Marks Sales
Held on Friday Ms glnt and
Again Last Night

The first session of the auction sale
of building lots, located at Cedarhurst,
l.. l., was held Friday evening in the
ballroom of the newly renovated Cedar
hurst Hotel, on the property. The lots
offered faced on Rockaway Turnpike,
Oxford, Albemarle, Arlington and ad-
jacent roads; also on the public plaza
at the head of the 200-foot canal lead
ing into Cedarhurst Lake. The total
obtained was s51 100, for 1913 lots. The
continuation was held in the same place
last evening. The bidding was most
spirited and about 500 were in attend
ance.
Corners on Rockaway Turnpike, at
Stratford and Westminster roads, sold
for $1,275 each, while inside lots aver
aged s400 each. Abutting lots we're
sold for $500 each
The corner of Oxford and Westmin-
ster roads was sold for $1,750, while
inside plots on Oxford Road brought
81 $40 each. Corners on Albemarle
Road ranged from 5000 to 81, 1925 each,
while corners on Arlington Road sold
for S1,275. Inside lots sold from s4o0
to $475 each. Following is partial
list of buyers:
Michael NJ. Lint, John Brown, War
rem c. Drake. Rivera Trading Company,
S. +. Block, Anastacia O'Connor, Percy
Verify, j. ohm Schetlno jr., Rocco Schin-
sano, Frank R. Merrall, Henry C. Jack
son, Fanny Levy and Joseph F. Fulton.
New-York tribune., 1921-08-28
Continued Strength
In Cotton DESPITE
Heavy Realizing
December Contracts Sell Up
to 16c Level, Although
Selling Is in Large Vol
ume; Trade Goods Firm

The cotton market showed continued
strength yesterday. Heavy realizing
and selling for reaction were alb
sorbed on moderate decline, and
prices later made new high records for
the movement on more or less general
buying. The advance extended to the
Ice level for December contracts, or
about SO points from the opening low,
and that delivery closed at 1880, with
the general market closing strong at q
net advance of 27@32 points.
So far as indicated by comment on the
floor. no fresh factor was connected with
the advance Weekend reviews Of the
goods trade. however. confirmed the bull
ish impressions made by recent daily re-
weather in the Southwest were not sufi-
GENTLY we'll delned to cause much change
of opinion as TO the progress OF the crop
The close was within few points OF the
best
Conflicting opinions were expressed as to
the desirability of showers in Texas. and
the most favorable feature in the weather
news the prospect for slightly lower
temperatures in that section. The Official
forecast confirmed the views OF local map
readers who said that barometer lines
suggested nothing more than lixht showers
the Texas coast. and probably promoted
covering by people who had Soli earllcT
on the rain reports Sales of print cloths
in the Fall River market for the week
were estimated at fully 200, 900 pieces. the
largest business for any one week since
last spring.
st the l6-cent level for December con-
tracts here however. the market showed
an advance of approximately five cents per
pound from the low records Of last June
and Notwithstanding the continued strength
Of yesterday reactionary sentiment was
more evident around tho ring.
The local market for spot cotton was
steady and 80 points higher at 1880 for
middlng: no sales were reported.
The range of prices
New-York tribune., 1921-08-28
Wheat Is Higher
Ila Late Trading
After Dull Start
Underlying Sentiment in the
Market Mixed; Export De-
mand Slower and Cash
Premiums Are Lower

CHICAGO, Aug. 27.-There was f
lack Of animation in the wheat market
to-day until near the close, when there
was an active weekend covering move
ment, which caused q sharp rally and
left final prices 4 to 1%c net higher
During the greater part of the day
the market acted heavy and was in
fuenced by reports of lower cash pre-
miums in the spring wheat markets and
prospects of a larger movement next
week. Exporters were reported to have
taken 100000 bushels on Friday, and
while the export demand during the
day appeared slow sales were finally
placed at 900 bushels and cash wheat
at primary points was firm.
Underlying sentiment was a good
deal mixed, and while many still be-
lievc that ultimately the market will
tation about taking an aggressive posi-
ton on the buying side, notwithstand-
ing estimates by leading authorities
that 60 per cent of the winter wheat
above seed requirements has already
left the farms and reports that spring
wheat farmers in the Northwest were
In some cases stacking their grain and
endeavoring to hold off for a better
market
Corn was quiet, and while there was
partial late rally in sympathy with
wheat, closing quotations were net un-
changed to u lower Country offers
were again liberal and the export de-
mand was less active.
New-York tribune., 1921-08-28
Tenseness in Housing Shortage
In Bronx Rapidly Disappearing
By P. J. Reville,
Superintendent Of

Superintendent Of Buildings, Borough Of the Bronr
will be relieved
evidenced remarkable
buildings being filed the Bureau of Buildings
will
homeless folks
Of the Bronx.
months plans filed for tene-
$3021 1856 Altogether for 1S6
families
plans 577 families
corresponding period
They
famies The dwellings planned the end
has sho
in contributed
will
will
building with the
of
build
his possible should build
in
of
the of the workingmans home life
The offers
public
breaking the
Building chiefly homes The
be
who have surely something the Bronx
New-York tribune., 1921-08-28
Relief of '*Hon1eless" New Workers Seen
In Building Boom Just Started in the Bronx

The long awaited drive for the relief
of homeless New Workers seems to
have started and in a most auspicious
manner. Though the home building
drive is centered now in the Bronx, the
belief is that it will spread to other
sections of the city. developing into
one of the greatest home construction
campaigns in the history of the city.
The building now in progress has sur
passed all previous records for this
character of construction in the Bor-
ough Of the Bronx, according to P j.
Reville, Building superintendent He
feels that it is more than a flash and
more than a concidental punching of
building projects. He is of the opin-
ion that people have come to the con-
clusion that this is as good time as
any to build and have set out to build,
to secure homes that are really homes
and at the same time get beyond the
whims of landlords, especially those
of the profteer brand. Thrifty folks
have come to the conclusion that their
money would be doing them more good
if invested in homes than if left in
the banks, which has been the advice
of bankers
Boom Started Suddenly
This conclusion seems to have been
arrived at by a lot of people about
the same time, for the number of
building projects placed on record is
shown to be remarkable, if not sensa-
tional, by comparison with previous
building records for the Bronx.
1t came on like q clap of thunder.
The wiseacres in the building field were
as much surprised as any one by the
sudden rush to record building prof.
ects. Since the first of the month
hardly day has passed that from fif-
teen to twenty-five small homes and sew
eral apartment house projects have not
been placed on record. Every one in
the northern borough seems to be
talking building. The disposition to
hold over for better building conditions
seems to have vanished and in the place
Of caution and hesitancy has come con
fidence. Fear Of venturing on the long
planned little home seems to have dis
appeared. The Buildings Department Of
the Bronx has approved since August /
plans for the construction Of perhaps
200 homes for one and two families and
ranging in cost up to SIT 900.
Millions of Dollars for Homes
Robert L. Moran, County Clerk, says
that the plans are we'll backed with
money, Judging by the records of his
office. He says millions of dollars in
building loan mortgages have been filed
recently In the first twenty days of
August, $1,717 500 was appropriated by
insurance companies, savings and loan
associations and estates for the con-
struction of homes for people of the
Bronx Since the beginning Of June
S4,000,000 has been appropriated, ac-
cording to the records, to build homes
in that county.
AS the filing of plans has been
heavier since the first of the month
than during any other time this year,
the inference is that only part, and a
small part at that, of the number of
homes planned for the Bronx has been
placed on record with the Superntend-
ent Of Buildings.
by the small amounts loaned |
New-York tribune., 1921-08-28
Tobacco Firm to Make
Headquarters Near Circle
Tobacco Products Co. VIII PAY
100000 for Floor in Fisk
Building, at 57th St.

The Tobacco Products Company,
which controls several important to-
bacco concerns, including Schinasi
Brothers, the Falk Tobacco Company
and the Melachrino, has taken the ninth
floor of the Fisk Building. at Broad
way and Fifty y-seventh Street, for ex-
ecutive and general Offices. The con-
Germ will pay close to 100000 for the
use of the space for the next ten years
The lease was closed yesterday by the
Cross & Brown Company, agent for
the building.
Several other concerns have taken
space in the imposing structure, which
is still partly in the hands Of the
builders. Among these are the Apper-
son Brothers Auto Company, Kokomo,
Ind; the M. L. Bayern Company, in
surance brokers; Kokomo Rubber
Company; Argentine Republic Naval
Commission in the United States, W.
0. Cooper Company, William P. Ken
nedy, consulting engineer; Greata,
Carpenter & Stingley, public account
ants; Reed, Tilley & Co., Inc. export
ers, and the New England Tire and
Rubber Com pany, Holyoke, Mass.
The Lexington Motor Company of
New York, Inc. local distributors of
the Lexington automobile. recently
leased through the Cross & Brown
Company the store at the southwest
corner of Broadway and Fifty-seventh
Street, for use as a salesroom, at an
aggregate rental Of $500,000.
New-York tribune., 1921-08-28

judge" Mr.. Moran says, chat the
houses are to be of the modest type
and will rent for prices comparatively
low. The impression also is given by
the statistics that these small home
builders are investing lot Of their
own money, which apparently is COM
ing out of savings banks"
The story of the big home building
campaign launched in the Bronx.
chiefly by rent payers to escape high
rentals and other cccentricities de-
veloped by landlords in the last few
years, has spread beyond the bounds
of the Bronx. Chicago has heard about
what the Bronx is doing and so have
Cleveland and Boston, and they are
watching with more than casual inter
est the development Of this boom,
which seems to be supported by in
vcstors and rentpayers. The impress
sion made on these cities by this sud-
dent burst of construction energy is
that it is the beginning of a great
home building era.
Nothing more conducive to the res
toration of active and widespread
New-York tribune., 1921-08-28

building has happened in this city
since the signing of the armistice. The
belief is that these little home build
ers of the Bronx have put confidence
into the hearts of others who have been
planning operations, with the result
that the fear to venture out on the
building field will gradually disappear.
May Encourage Building Here
If the operations of the last three
weeks have aroused interest in the
West and in New England, there can
be no doubt that homeseeXers and
small and large builders OF Manhattan,
Brooklyn, Queens and Richmond have
also become interested if not strongly
encouraged, to do things along rne
same lines. Some of the most promi-
nent students of the housing problem
have said from time to time that one Of
the essentials to the speedy solution
of this great problem was confidence.
No greater display of confidence has
been witnessed in this part Of the
country for long time.
year or more ago a building boom
started in Brooklyn. A number of one
New-York tribune., 1921-08-28

Seekers of Long Island homes ands
home sites can make their selections
from the three liquidation auction
sales to be conducted by Bryan l..
Kennedy on the first three Saturdays
in September The sales are being
held to close out the holdings of vari-
Gus interests. The first of these sales
will be held on Saturday, September
3, and comprises 200 improved lots and
seven one iam'ly stucco houses in
llempstead belonging to the Na.ablc
Realty Corporation
On september 10 Mr. Eenaellv viii
offer 400 improved lots to iqu date the
suburban realty holdings of the Gates
lhcater Corporation, which is erecting
$1,000, 900 playhouse at Broadway
and Gntes Avenue, Brooklyn. Tho third
sale will be made un Of PTS lots at
Queens Park, Franklin Square.
New-York tribune., 1921-08-28
Men, Women and Children
Have Turned Builders I'm Bronx
Most Remarkable Scene in Years Now Being Staged
in Northern Borough; Every One Seems Bent
ON Relieving the Housing Shortage

last few months, even where tho
streets have not been laid out. nor
sewers nor water supply installed,
some IN the woods. Here you may see
father and sons digging their own
cellars, building their own stone or
concrete foundations and doing their
own carpenter work Some of the
fouses are of brick, or stuccoed, and
quite etentious--others the merest
"shacxs'-but each realizes the ambi-
ton Of some family to own it's own
home
In the Throg's Neck section, along
fremont Avenue from the Eastern
Boulevard to the Sound, an even greater
development is taking race. Here
last Saturday I saw a father. mother
son and daughter busiiy building the
concrete foundation Of their home. The
son was mixing the concrete, the daugh-
ter n,ay'ng The hose cn it. the fa.her
carrying it to deposit between the wood
en- forms and the mother helping to fl
o. he though he outiast Methuselah
VIII get more real JOY out OF living in
ne nome created by lis own hands
Cnan any fat dve,lcr viii ever get out
OF NE though he outlast Methuseiah
Tor Longevity. II is a fine tnns,
80" 'Htt III ~ ctt 81 sHaHs
people Of moderate means attaining
their ambition of home ownership. 1t
augurs well for the future Of the bor-
ough as con- nunity Of thrifty, self
renant, independent, spectng
citizens.
Factors in Building Boom
Several factors have helped to make
this possible II tAc 3ronx Excessive
rents, equal TO the carrying charges
CT home ownership; exemption OF
homes from taxation, provided con-
struction be commenced before April l,
1922, and to the extent cf $1,000 fam
lily; the subdivision Of large estates,
enabling people Of moderate means to
acquire lots at a few hundred dollars
a piece and then forming neighborhood
assoclatIons to encourage them 70
build; the financial aid accorded BY
such institutions as the Franklin So
ciety, the Funds company and various
building and loan soc cites, and. last
Dat not least, the ed in his official
capacity Of Superintendent P. J. Re
Vile Of the Bronx Bureau of Build
ngs. Himself practical builder and
= man Of COED sense. his far and rea-
sonable interpre tation o. the building
code IN spirit Of cooperation and en-
couragement has proven helpful in pro-
noting home building throughout the
borough
New-York tribune., 1921-08-28
By Albert E. Davis
Former President of the Brou

+ OTnler FreS1deHt OF the BrOnr
Chamber of Commerce
Never within my recollection has
there been anything to compare with
the number of homes now in course of
erection or being planned for the
Bronx. And when I say homes l mean
real homes, and not multi-family
packing boxes"-homes occupied by
but one or at most two families each
homes of the kind the poet immortal
lied. 1t seems as though every one
who has been able to save up few
thousand dollars has bought a lot or
two and is building or planning to
build home.
People Building Own Homes
Many are literally building their own
homes, using material in many in
stances from demolished army and
navy camps. On the high ground at
Eastchester, near the Gun Hill Road
station Of the New York. "cstchezteg
& Boston Railroad, scores of homes
have sprung up like magic within the
New-York tribune., 1921-08-28
Navy Officer Buvs at Summit

Lieutenant A. R. Wolfe, L. S. n, s:s-
toned at the Port of New York, pur-
chased the new Dutch Colonial cottage
on Morris Avenue, Summit, n j., re-
Gently erected by Oscar Gustafsor. The
Robert j. Matches home at 50 Boue-
Yard has been purchased by Dudley g.
halners treasurer : William hl-es,
Inc, for his own occupancy Eugene
39bs-H. F. Beck Company were the
brokers.
New-York tribune., 1921-08-28
Trade Paper Quits
s'Daily Garment News"
pends Publication

"The Daily Garment News" a morn
ing newspaper devoted to the Wholesale
garment trade and industry, has sus-
published by the Ready to Wear Pub
fishing Company, of which John M.
O'Connor is president. The last issue
appeared Friday. The paper was started
about two years ago.
New-York tribune., 1921-08-28

nutssrvReceIpts S,stp we're 1923 packages
sac eytras sa scoaa snan s1f5a5 TO- o4st ts
grades. sa@s4c; unsaltsd; higher than eS:
tubs. finest, 3ala q 4oisc good TO- to prime ins
oe entrs, to fa ades
q @32c: seconds 29lz q SOC; lower grades,
2sg CSC; packing stock. current make. No.
York; State fats held specials. 21@22c:
55eah so, spseisls sl@21hc; aerage run zoe
average run. ao@2oisc: Wisconsin, double
nase' fansy fsnGy y29@2vc single Dases
state skins. S@15c.
gathered, extras. dozen. 41@44c: ext~a
arsts' a7@ 4oc; hrsts s3@sec; seconds % q
packed, No. /. ESQ 27c; No. and poorer.
IS a 24c; checks. fair to choice. dry Fl q
2ac, rstrige:ator eggs. special marks,
5Sc; white eggs. 3s @ 44c; state, Penn
sylvania ssh and nearby Western hennery
wntFs &C. extras "a 5s 95sc extra rsts 81 q
10 extra frsts. Al n SAC; under grades 3s a
46c: Pacific Coast: white. extras. Sc a 5ac: :
grades. 3s q 45c; other Western and South
ern gathered whites: 34Q4sc state. Penn
byowns estas nd nssSy ss so wssrn
and mixed coors. graded extras. 42@45c.
Ers.s 20 extra Arsts, 35 Nzlc.
Potatoes--Long Island, bbl. $475@525:
Jersey. l65 lbs. $4Q475; red. so lbs So. 50
Qa7s: No. ?. - 50r1.75: Southern. bbl,
siqsASo, sweets, Virginia. Dbl. $3.50
SO; Norsn Carolina $l.50W4; Jcrse,,
land. basket. $l.5oQl.s5.
Livestock, Meats. Provisions
Yesterday. GEAR ago.
prime, 100 lbs: $3.50 s.25 sla.oo@1zoo
l. sse beef.
sides, b.. .os@ .1s ls@ .2s
mon to rSme.
100 lbs. 9.000l450 160O6a,o m
y r q i veal,
city. lb. ...... .1l@ 23 246o %
1.-Two ewes 100
,lt lbs: 2.So@ 500 4.ooe $50
city. lb...... .11@ IL o96D q
Live .ambs, tair
10 prime. 100
lob 500 F( 10 so .
Dressed a bs "
city. ID .;..... ~: "a .25 .24@ "a
Hosn' 90 iba.:. s.75Glc.75 1890 o@17 90
p bacon ,o...-.. .lsM@1sz 2ss .24as
Mess b-~f. boi... izoos1l4o0 i-o0le - II.
Lard. M ale S
West. 100 lbs. Il750ll85 1oOo01o
New-York tribune., 1921-08-28

Southern Spot Markets-Galveston steady,
New Orleans steady. SO points higher at
1850; sales. 1.103 bales. Mobile steady,
~ points higher at IA. CSC; sales. ~ bales
Norfolk steady. 25 points higher at IA 2Sc;
sales. e43 bales. Memphis steady so points
higher at 14c; sales 700 bales. Houston
steady, 20 points higher at 15c sales 4.703
bales. Little Rock steady, so points higher
at 1350c: sales, 365 bales. Dallas steady,
80 points higher at 14.25o; sales. 6.407
bales.
Cottonseed Oil
Prices at the close Of the market we're
8 to II points net higher.
New-York tribune., 1921-08-28
Individual Bank Figures

banks
the Clearing members
0
Ioens.d Reserve
legal
New-York tribune., 1921-08-28
Grain Prices

Grain Prices
Wheat
Yesterdays Previous Year
No hard 1851 s1.s4h
ChicaEo-The range OF prices:
Open High Low. Close. close.
Dec 49,. l2o% i.23G 1.2o 1.22N 1.2l
May .... 12i1s 1.26h 1.23A 1.25% l.24A
Corn
Yesterdays Previous Year
New York: close. close ago.
No. yellow. $0.79 $0.786 S179h
Chicago:
September .b4Ss .54es 143 -
Pee Decem per 'sam 80, 'eaaM esaM l.1s "a
May ........ .6S1s .oSss
Oats
Yesterdays Previous Year
New York close. close. ago.
No, 3 white $0471a $0.471a $0S5
September -. .347s BAN .67A
December ~ .38H .3S 66 7s
May 4Zts AZ
Rye
Yesterdays Previous Year
New York close. close. ago.
No. West, o.b$1.14A sl.14 s23SA
Flour and Meal
Yesterdays Previous Year
New YORK - e close e, ~ closs. ago
Cornm'l 100000 19o@2.oo s.9o@ 100
Rye -. 6.5o@6s0 6.5O@6.oo 1o.25D1o75
Bran 24.oo 24.oo 5000
Silver Market
London, SD; New York domestic. bar
ssMc foreign, &c; Mexican dollars
47asc.
New-York tribune., 1921-08-28

1t will not do. however, to plume
ourselves too much on being the lead
crs OF the world in business method.
The commercial facilities provided bv
the Manchester Royal Exchange which
we're described in i recent issue of this
newspaper show that we are anythine.
but that. The Orient provides other
examples along similar lines Shanghai
has raw cotton exchange with a cap-
tai Of million dollars The shares
have a par value OF $50, on which s25
has been paid. Their present market
value is $lli. There is Chinese Cot
ton Goods Exchange whose shares on
which $3.50 have beer paid have a
present market value of $50 each There
is also the Shang ghai Native Piece
Goods Exchange. With nm authorized
capital Of S30ooo00 only $3.50 n
share has been pail up, yet they fctcn
on the market SS2 each.
Truly the signifcancr of the CON
monplace IA not fully appreciated hero.
else our textile erchnndising mctho ls
would have long ago been simpliGed
and cheapencd Instead. in this branch
OF commerce Mt least. they lay behind
those employed by country we too
often refer to as decrepit and decadcnt.
New-York tribune., 1921-08-28

{ies.il4,ooo "ta.boI .osI. 900 $1e4.474 oo6
not included In footings (a) $oG. 052. 900
90 te) 2i.7S0.000
ntrics an resrrvc against such deposits:
900. (d) sl.64l.0oo. (c) ta.se9.oo0.
New-York tribune., 1921-08-28
Silver Market

London. SD; New York domestic. bar
99hc; foreign, &c; Mexican dollars,
471sc
New-York tribune., 1921-08-28

Grand total, .N.Iss.s4b.ooo $72.se1. 900
'lnclndes deposits In foreign branches
- 1879 900. (c) &33. 0s7 900. 20 3i2.0+l.
balances carried in banks In foreign co
a) $5f.sts. 900. (b) 3sss.o00. lc) as. .s67.