The New York herald., 1922-10-08
Buying for Future Broadens.

buying for Future Broadens.
Cotton goods houses experienced an
other active week, in which prices
strengthened considerably. Buyers were
more eager to order in anticipation Of
higher prices later on. but mills refGsed
to sell beyond December Fine combed
lawns, which have been inactive for
some time, enjoyed renewed demand
from converters.
number of Eastern dress ginghams
for spring were priced from one-half
to one cent yard higher than previous
quotations, while Southern dress gng
hams either were priced at the last level
or on slightly lower basis. 1t is ex-
pected that deliveries from the largest
Eastern producers will be quite limited
for the balance OF the year, because of
labor troubles.
Demand for percales continued una
bated, with printers refusing orders for
delivery next year. September was the
largest sales month of the year in most
commission houses.
The American Woolen Company ad-
vanced prices on its wooden and worsted
fabrics for mems wear for next spring
as high as 37h cents a yard. while
the United States Worsted Company
as high as 17h cents yard.
Upward price revisions on the other
goods of the American Woolen Com
pany are expected to be announced this
week, along with similar advances by
Independents.
1t is said that the advances in raw
wool prices will not be seriously fell in
the clothing manufacturing trade for
some time, as it is believed that the
majority of clothiers already have COW
cred substantial part of their seasons
requirements
An increase of more than 10000, 900
pounds in domestic wool consumption
during August was reported by the Bu-
reau of Census. The total quantity of
wool entering into manufacture during
the month was 49.12S.051 pounds com
pared with 39,4fl.655 pounds in July
and 41,193.000 pounds in August, 1921.
Prices in the Yokohama raw silk
market shot up rapidly, the weeks ad-
vances totaing about 100 yen. Buying
was rather heavy and largely for Amer
lean account. Local prices also rose.
In this market however buyers have
not taken kindly to the advances and
refuse to contract for any more fiber
than they really need at the time Con-
sumers declare that the advances are
nothing to Justify them. On the other
hand. silk sellers contend that the high
prices are fully warranted by the pros
poets OF scarcity in Japan. and that
prices will continue to go higher.
Consistent gains continued to char
acteriZe the broad silk trade. Further
price advances seem to be inevitable as
n result Of increasing primary costs.
Retailing of short fur coats and
chokers continued at a satisfactory mace
ALTHOUGH the movement OF heavy win
ter garments has not yet asserted IT.
self tn any extent. Retailers are said
to have been caught short OF stocks of
these articles. and a brisk recorder
business is being done by manufacturers
and wholesalers. Few retailers were
fully prepared for the large demand for
short coats which has developed and ~
Is said that many manufacturers did
not expect such a decided demand for
jackets - Many furriers who did not
manufacture short coats are now speed-
ing up their production.
In the raw fur market prices con-
tinued firm with a small volume of
business. The Fur Merchants Sales
Company and the Fouke Fur Company
of ST. Louis win hold their regular auc-
tion sale IN st. Louis for four davs he
The apparel trade has progressed
slowly In its fall season. The weather
of the past week has not been conducive
TO the selling Of fall or winter garments.
and consequently sales declined. Re-
tailers, however. continued to recorder In
a steady. though cautious way. Dresses
moved rather actively. especially poiret
twills tricotines and satin faced can
tons. Manufacturers Of popular priced
garments for children were quite busy
filling recorders.
4 number OF prominent carpet houses
opened their spring lines at prices from
Z to 10 per cent above previous values.
The advances were made TO cover in
creases in production costs. The new
prices are TO hold only until January l,
after which time further advances may
be made Manufacturers are doing an
unprecedented business and are well
booked into next year.
The spring opening OF the Alexander
Smith Sons Carpet Co. takes place
Tomorrow. Prices to be announced will
be guaranteed to March /. II was stated.
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