The New York herald., 1922-06-18
High Levels for Raw SILK.

The raw silk market exhibited re-
markable recovering power and not only
retrieved all its recent gains but in some
instances went beyond previous high
levels. Later in the week quiet settled
over the market, although prices held
firm. rhe turnover for the week ended
18th Wednesday was considerable, with
demand bearing on both Japan and Can
ton silks. The broad silk trade Is
broadening appreciabiy. However, man.
ufacturers are confronted with the price
problem. Some of the desirable goods
have been advanced in keeping with
higher raw silk costs, but other goods
continue to show little or no profit to
producers at present figures, it is said.
IL is reported that 20 per cent. more
looms are being operated than in March.
Canton crepe and other piece dyed fab
RIGS enjoyed good demand, but interest
in yarn dyed goods was tagging. The
pulk of the present ribbon business is
confined to narrow ribbons.
Buying of raw furs by manufacturing
furriers and by cloak and suit manufac-
turers for trimming purposes abated
somewhat last week. Prices on certain
descriptions were lowered, although
values on others remained firm. De-
mand for fur garments by retailers for
their August sales Is being felt in the
wholesale trade and indications are that
fairly large volume of early business
will be received this year. The May
retail business of one Of the largest
chain fur stores was Is per cent. better
than i'm May last year. Seals are hold
ing their supremacy in the matter of
sales, with good demand being enjoyed
by mink, caracul and white fox.
Interest in the garment trade is CEN
tered on coats and wraps. Wraps are
expected to sell well for the early au-
tumn. and manufacturers are turning
more attention to this class of goods A
considerable demand for bolivias Is re-
ported by fabrics men and some diff
Guilty is being experienced in supplying
the demand. Coats In mannish styles are
winning increasing favor. Suits con-
tinue to move slowly. Manufacturers
have been greatly encouraged by the
volume of orders sent in by statesmen
and are said to be operating with more
confidence.
Mems clothing manufacturers are
busy filling orders for fall which have
been sent in by their statesmen. A lead
ing manufacturer has announced that,
after his statesmen had visited all GUS
toners, he will adjust prices to conform
with advances in the cost of woolens.
cent. IL is believed, and probably will
go into effect on July 1. Manufacturers
are keenly averse to higher prices be-
lieving that only through low and at
tractive values will demand from con-
sumers increase and factories be kept
running. Yet it seems that higher prices
are Inevitable.
Labor Seeks Full UniOnization.
An unfavorable development Of tho
week was the action taken by the Anal
gamated Clothing Workers Union to en-
force registration of contractors and
complete unionization OF the clothing in
dustry. general suspension of work
took place In the children's clothing
trade when about 10000 workers carried
out the unions orders. A walkout in
the mems trade, IL was learned. will take
place this week. when about 40 coo work.
ers will lay down their tools. However,
II Is believed that the men will be back
at work within week. as more than
65 per cent. OF the manufacturers are
willing TO send their work to n listed
number OF legitimate union contract
shops.
The number of operatives at the tex
tile mills In New England Is steadily
increasing, and the prevailing belief in
the trade Is that tho pnd of tho strilxe ~,