New-York tribune., 1922-01-23
Glass
Lowers Prices
For Material
From Abroad
Have Resulted i'm Ameri-
can Manufacturers Reduc-
ing Cost OF Their Product

Eastern home builders Will be able
to buy window glass cheaper as result
Of price war between importers and
American glass manufacturers, accord
ing to the current Dow Service Daily
Building Reports
Foreign window glass has been com
ing into this market practically since
the end Of the war. At first the com
petition was not greatly felt because
OF limited production capacity OF Fu-
ropcan plants and the demand here for
high quality of glass. Owing to the
huge volume Of small house construc-
ton during the last year. however, and
the narrow margins that building in
Vestors have been forced TO operate
on. some of the bitter grade Of specu-
latlvcly built homes have been forced
to buy the foreign product, and the
reaction has become so great upon
American producers that it has been
decided to meet the lower price and at
the same time give the consumer the
quahty he sought to put into his
building
General price cuts. we're announced
during the week closing January = by
the American Window Glass Com
pany, manufacturing practically one
third of the country's OUTPUT Of win
dow glass. The reduction aggregated
- per cent and doubtless viii remain
operative until protective tariff
schedule can be worked out 10 give
adequate protection to American glass
industries.
Lower Cost for Glass
The pllce reduction on very small
sizes of single strength window glass,
averaging twenty united inches.
upon which competition was keencst.
was approximately 81 per cent. On
sizes little larger, on which competi-
ton was not quite SO keen. the reduc-
ton worked out to about % II per cent.
On the larger sizes. where competition
up TO the present time has not been
so great factor. the cut was made at
20 per cent The average reduction
was about 22 per cent.
These price reductions resulted in an
immediate change in discounts on job
bers' lists here when the new dis
counts on single strength A quality
window glass became 81 per cent to
81 per cent, depending upon sizes. and
on single strength B quality, So per
cent to SO per cent. The new dis
counts oN iobbers' lists on double
strength A quality window glass is s.
per cent and b quality 81 per cent.
The reduction does not affect plate
glass.
Manutacturcrs having taken this step
are not thought likely to return to the
former price level, SO that consumers
Of window glass may consider the cut
permanent, at least AS far as the first
half Of the year is concerned.
Open winter weather has brought
2hOMt & ~ Tho hi r
market that has not occurred in many
years. The middle of winter finds
New York with only five barge
loads of this commodity in open
market. The price for open market
brick is SIS for run of market Hud-
sons and is SO listed this week. Rari
tan co<non run Of market brick is
quoted at Sli.5O to SIS. Staten Island
brick is coming INTO the New York
market at approximately these prices,
and even Connecticut brick. which is
not usually sent to New York except
in times of shortage, is beginning to
come here by freight.
There are fifty barge loads of brick
being unloaded in various parts Of the
city and the open weather Is permit
ting this brick to be ridden TO jobs to
be assembled into buildings as fast as
tHe ANdi4IOAC oupPtS VI ~ MO ) 80
will permit.
December basic building material
prices advanced , per cent over No
vember, which, however, showed total
reaction from December, 1919. of -
per cent for the country, according to
the Department Of Labor.
List Price Stability
Between November and January Is
there has been greater degree Of list
price stability than has occurred in this
market since the end of the war. There
has been, however. much cutting below
the retail list prices as published ow-
ing to sharp bargaining upon the part
of building projectors forced 10 oper
ate on diminishing margins. This Gle
ment of price shading to meet competi-
tion has brought about d condition
where a certain type of building CON
tractor has practically withdrawn from
the market and is carrying himself
upon jobbing basis rather than take
the risk of undertaking building opera
tions with certain loss ahead OF him