New-York tribune. [volume] (New York [N.Y.]) 1866-1924, February 17, 1919, Image 12

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New-York tribune. [volume], February 17, 1919, Page 12, Image 12
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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New-York tribune. [volume] (New York [N.Y.]), 17 Feb. 1919. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030214/1919-02-17/ed-1/seq-12/>

Newspaper Page Text

Needy Peoples of
Europe Look to
U. S. for Cloth.njj.
Textile Manufacturer Sees
Need of Controlling Ex?
ports to Prevent Profiteer
ins in Resale of Goods
Some controlling influence musl be
exercised by the textile manufacturers
of the I'nited State-' engaging In the
export trade to prevent profiteering in
the resale of their products in the
European markets, where clothes are
needed the most and 1 ' pie are
least able to pay for them. Thin is
the warning sounded by John S. Law?
rence, of Lawrence & Co., and a direc?
tor of the American Manufacturers'
Export Association.
"No one de-ires to profiteer out of
the miseries of others, either tl
a shortage abroad or a shortage at
home," said Mr. Lawrence.
"We in the United States spin some
25 per cent o'i ; e wool and
cen? of I he cotton of 1 With
the resources of our country intact, " e
cannot permit those who helped
suffer as at present. Let us, however,
be frank enough to call our European
relief foreign trade an?! not parade
?under false pretences. The soundest
relief is good business."
The situation in the United States
with regard to the exportation of tex?
tiles is summarized by Mr. Lawrence
as follows:
Surplus Unknown Quantity
"N'o on" knows what is the 'export?
able surplus' of the textile il du try of
the United States. What we do know,
however, is that we must supply the
real needs of the people of the United
State? at reasonable prices. Wi
spare some clothing for :
needs of our allies first, neutrals sec
ond, and our enemy at absolutely our
convenience only."
Mr. Lawier.ee outlines i
fions in the industry as follows: "Lur?
ing the last few years India. Au
Central America, South .Africa. East
Indies and many other points il the
world have not received their usual
supplies of textiles.
"Europe needs clothes the most, and
is least able, to pay for thorn. We
have reliable reports regarding thi
textile industry of Europe, lu Frai
and Belgium the Germans bave de
erately sought to ru I ? industry b;
removing most of the n ichinery, tl ?
means of transmission and the dyna?
mos and machine tools, and ha4* ? i fl
only old machines, from which
have removed much of the son mal
als, coppi ". 1 Wi
may practical! new eq
ment i- required for France ai "
gian nulls, which countrie in 101 t
red nine million cot?
about three and a hi
ppindles. In Gi n , ?.. ;r
dprstar.d, are substa
Thi y have f< w, ; f ai y, raw n I
?wool, cotton, copper, card i
etc.
Polish Mills Crippled
"Lodz, in Poland, one <
text the world I
200,000 cotton spit - I
to?. -.- on over
times. There are \ ery fi w
the buildii gs. Whal n ic
ro4- been destroyed by thi retrea
Rusa ans has, : , ? .
ah that of France and Belgium. 1
too, have no raw material:4, and no
jnonej
.. ,? ? | , textih centre of
eia, with ;
. . 1,000 col
chaos. 1
life of that country.
"Most must i
Eng i or Japan, e onl
r? ?
-.
All
ari
a large . i4 ?'? ? be
trig non t importer <
textih ? id.
"In ? a our tcxl
dustry is intact. Before the war wc
exported fully two thii of
crop and i n ported abi if of
car wool ri
have oi; 1 aboul a
yeai . 11
Ol
During 1 ...
'
United SI nol b< en im ?
4 beyond thai ? mal grow th, a
th? . ? appreciate 1
sumption of s been largi r
owing to the inci I for
hi-a-. ;.' \ : bo it
26 per cen?
tile product....
years has beei -k.
Many Unproductive Spindles
"Of thi 149,1 i col
tl ' w orld appi -
thir4;. i ion, or 21 per ? ??
t':. unproducth
?wei ty odd millii n of wool and worsted
ppindles about -?? per cent, arc ?n I
tinental Kuropo and unproductive. The
American textile ?nduBtry com .
approximately ?0 percent of the cotton
and 25 per cent of the woo! produced
In the world.
"The world will, pf i , ?
textile
years than
'ou rid war, ai et at
the momi
shock of 1 i
self to rie4.'.' ci no are
undoubtedly textile prod. ? ugh to
meet the world's necessary demi
am convinced, but they are? at pri
in the wrong piare. Wi
? peopjf; throughout the ?? been
? 'drawing upon rve stocks not
?nly of the ? ????? rdrob? ?
? window curtains, bed ticking, etc., to
tseet tl
'J he A ? rcrs1 Export
Association incli '??? i In its mi
I i larges! texi
_ United
Offerings to Buyers
gScoATneoe. Hetanrnz > wna> tstt
???***, m#m tor t/tti.-t lii'T-ut br<M 1 l.l'l!'???
?
TM'S/T?yKH MKl ?4,?',?/-1!f,?i. i.vtr.u, l/rrH,..*?
f'tr?' Tv.;'..*, MtifvitoCuH, '--????< ' . .,
1 GOAI ' - .- I 'i'a. ;-,'-. r,? Trtmr/Tvi,
*' '?'? ? i V,ii,.A**7
I ' AM. t-K <!? -f., ??? ,:?,,-,? y,,
M '-> JW ?**???. Potrllruf m-I v. ? ,r, i
? '"'?-. ..''?_ . ' ' - vnuiu. i.
out?, yin rupatsq At oaii-i KAvntncr,
rottm a UuUaw, :-.; -,v?-.i
?rao?, cotton wamk t/'ut. m t??w im
., xfiKtM.. Has* y,r<m., U15 l;i>*Av>?,.
i5livers Arrived
Buyers aro invited to register in this
column t>\ telephoning Heekman h-t.'5
between 10 a. m. and 10 p. m.
Women's Wear and Millinery
i.\ [i o'NcIt M ? . mi >' s . Miss B. L.
i ? .? s mu? waists; 37 West
. floor.
? SA! i'l n K? '" s ?? Here, Company,
'.:.'?'.. Seville
? ? . : \ ?... (?gus Hab iievleh: T. F. Gary.
? \\ r ruv-i Ui Street
\ .. ? ? ; v M : f Western: H. !.. Mer
? . ' wear, ;?? Icoats, misses' arid chll
!'. k A- ? : '
it! ['KALO \ 'e Wiener's: W. B. Wiener,
i, rear; I i Avenue, Koom 1\>04.
? [l'Alto. Ill ft I Qu :.'? Shop; Miss Rice.
?
ClUl'AOO, 1' Plat! . ?'? P. l'lstt. fur
coal ' I '. : '
CINCINNATI e \ : c inpa.1 ?. ; Mis? E.
i, . i....: '1 .? ? , -sill . ?- : et, eighth
CLITVJ i.'.v'. oi nirsol ' ? ? ipai P. Lllrsch,
? man cap? 170 Fourth Avenuo.
I! HKAl II HO !'i.I? Clii. ago. Ill :
A , !'. . ?r p; ?Uve Bal I ?, frocks, blouses,
' r Waldnrt
? T K Smith; Mrs. McTIugli.
u; 11 ?Bros [way, care of Valeutlne A
l sDlAN'An ?: IS, ' ' People's; 11 It. Frled
.-?? c.r' B ??riMsman *
1 V ? T\
KANSAS PITY, M [tie " til rry Company;
' ' i Itj an, ml tii en : ?"??' ' sylvanla
l. ??,.,,-,,-. r ,.; m 'iiberg Bros. ; L Klsen
t. -. . u ? Tive.nl . ;.'.'.Hi Street.
\". ? Miss A. Binkhauer, mlL
'
MA?SIIALI.TOWN, Penn -Levin Dry Goods
K . : ?. ? .115. furs.
?'.-., rea : ?4 F? trtli Ave
3
i her Con pany; Mr-s.
c ? ?,j ; 1151) BrnaihVH
i. rt'ai ;? ady to wear;
! I
n Quality Shop; Miss
l; \\ . . ? '
Bros.; li. Agner,
ii i
tilo i; n. I. Block,
read
VCOUA i i [t Moskovit?i Company; B.
i Ui ?oar; Broadway
flTTSBl '??' (1 Penn R senbaum Company; E.
. drea?es. lie; West
... j] ...
ROCKJ ' ?Itli 11 D ?'? Stewart * Co. . Mrs.
haberdashery; Prliiec
'
SACRAMTvNTO, Cal ? Welnsteiln-Bubln A Co.
Mi: ni. S ' ' i I "> Fifth Avenue?.
flo. r.
' M!.K CTTT- Keith & O'Brien; A. C.
! i in lerwcar; Broztoll.
SEATTLE, Wash. E. ?alvii ? i .-..'? wear, cU', ;
i
??' i - -? .i Orote Kuikln Co. ;
and 120 West Thtrty
.: ?, Koom 1410
SP ' Miss M. E. liefl, women's
flic-l . . [1111
M, WendlJng, women's wax;
! ??'..'?
[NG W Va W Colvig, notions, millln
. iv. ? ?
VGTON C -.1 11 Rehder & Co ;
.11' ; nestles, flannels I lankets ai..l
: ? ?' .
c ,i ?., \r. \v. Brown, women's
'.'??.. t
Men's Wear
? . .? ill ? ? -. ciotl ing; Broa Iway
?
I. 1 Conn V. rsaa a, men's
1 . . et? ? ? ? ? i
! e . ; ,, . w. Morrtts. ele th
?...?:
I' !. ? ?.. ? s . .thing; Herald
e
Peni ! i, ? Compa .1 Galinsky.
\\
N K\V HAVi ' erg A- Kobli o?
men's I . el? r> , 464
,? | . ? | ?
. :: ;,.\ -. i i : Kraus C .mpany, Ltd :
M. Kuli j and ?:.????:.-. 43
-.?-:.. i ,' u c Capwell Company; E
men's fin ihli ?? goods; 116 West
Street,
; Shapiro 4 Bro. ; L & I.
: ? ? '
D Stell ?S Co : D. Stein
; Continental.
Piece Goods
? ?. I ? .' r.;
. ." ! ' .
6
LV X. 1 "Wl [te SI i s" T M Grle?,
real and skirts ; Al
S '? .1 Ginsberg Co. ; .1 Gli s
r ,.c
K . ". I'". Wright, drygoods.
?ai Nwe r
\"',\\ .i ? . ? w ' ? ? M lea Co.; F. E
! ?? ?
' ' V ' Un?.; M. M."e.
?
' rg ? Co : P.
.'? ?s, drygoods
a
?' : ' '? ' .' v ? "?' II i nek, cl ,-?.", goixis,
Hi A
. !.-> & Swartz; Tt.
L , ' and velvets; 1270
.
Suit Com
' and t..ills.
?? ?
.? ??: l Scgall,
-: . Herald
t O'Brlei A 11
I c.1 . r
I! M .- Millau, 1,1.1 :
:
' iham Company,
e , ?.,.??. flore
C?Will uni Co. ; f< Wllbun . dr>'
g i. .
(' J l? lio er & Co. ; ,1
I.' bio nul millii
Fur?
?Notions, Toilet Goods, Drn^s
Bro? . I '.I
V. i? ?' ? r .lore.
I ' V ' rig, nouons, mlll
...
Leather and Fancy Goods,
Jewelry
I ' 1ST? l.N ' 1 H res f Co. ; II P Lelghtori,
? -, ' shoes; 243 Church
et-? ?"
It \v I'liiilT.l,. Mais '.. M. Cray Co.; 1.. M.
i ... 1 : ?'.'!''?;.
' ' r.S, N' s .! !.. Lewis, Jewelry ind
1
??oiist? Furnishings, Furniture,
Floor Coverings, Drapery
<,. Vi .1 i: Mlllnw ' ompai y: V,
'? I.-- .???? ? b goods and uoveltlos;
! .
| .mpany; dry
f i i it? furnishing goods.
., '.. ; i ? ' i. '.;
Shoes
.,'.?.'?.? - si ?" C -.n
pal ?? !' " l:. . ! ? ? ' ? lioi-s; ?.r.-genan.
c.- & Co. ; 11 P U Ighton.
? y Is; ':!'. Church
General Merchandise
"?: ' ? .? Ku r. c Jan es 11 K ?
10 Wa .
? ?? .
U .general men handlso;
II A Lilly A ?,-o. ;
II '. i .'.?..? ici . ai I
'??? bihlng i
I ??"'.<. II.1J , Ind ? ,-? ','.??? .i lie ?h ,\ Co ; G,
Grand Mi re?.
i mpanv, dryg? ods; F.
W. Co , irth Avi.-nue.
' POUT. ('? II ?? . .. ; A I' Whlt
? .? ? i i ri Avenu? ' ? (loor
' t , girirciai morchaudUo;
P?
ll'.i!.. I'c Krau ?Dec .ut Kloro; Emil B.
? . l'en
IETOWN, 1 I IffTTll / .1 - 1 en, ,<? Co '
????'? srpel ? ugs, r.'?d>
. . ?
''?-?? re; W K BUI
-,. dryge od .. 370 Broadv
,
: ige, Allen A Co : V M
prese g; 404 Fourth Av.-uno. f.tth
r - -
HA/' ; T'n., I .' Bel I I ?? 8. It ; dogoods
?
H!;.l.-h';!;c. Ti-.iki Mart?n Oandrtdg? I. ?;
Mi drygoods: Mrs L Arm
M i li i' ???? :? ?. ,:? i:-.-, n
berg B L. El ??.
and ?'.
.it, Room
Import ( rn
r ' so; 20
,'
S Taylor <;
?Im
M art li .. Co ; \U
Ever? ? . . ;??. !;?.,? i : ??-.
Miscellaneous
V.l.Tivi.i-i. i '.' - .. ?.,: , . Maulor,
' ' . ?>;,tro.l
BIUIKJEPOUT, I'AHin Howl?; p? mi?i M. II.
i .. ,i-.,-m. em
?'.?;' eiirfii Avenue ' U. f:..-w
Bl ' TOI?, ?-,.. Kin? ? oiupany; Mr. Gnu.i.
; c
? i" '? turn fri?>i .nd M. wit*, of
M ... i, ,. i itrjtjv,,
? '?' O Brewer, cW/ia and glu?
Plrl? Hi-itii <?>? ; (;. W?b!*r.
' i I .. irth Ac
Ml? B Weta?l. ?n
. I It. till B< '?'. l.r'ti, nrr?U.")l'1ijr1<-~.
? ' . ! I ?? '.l> ?lll.ti Mlf.' '.. 8ttl
GTtr> ?? < )h*tMt *. In.. J Fisher, dry
K'yr'.fi, VtOtOMi'e V'tJT, il, ?..ce. 1
dun Hayed in next column
OjKi? Winter Marks
Nor l h west Record;
Farmers Worried
Cattle Are Feeding Where
the Ground Usually Is
Deep with Snow; Duluth
Harbor Free from Ice
MINNEAPOLIS. Feb. 16.?"The open
winter of 1918-'19" will live in the
weather history of the country north
and west from Chicago and will be
talked of for many a year to come by
the oldtimers then alive. Not for
forty years lias there been a condition
such as maintained throughout Jan?
uary and that which ushered in Febru?
ary. Cattle feeding on old bunch grass
in Western North Dakota and Eastern
Montana, where normally there is deep
snow at this time; Duluth-Superior
with an open harbor and Lake Superior
ice free are some of the phenomena.
In the lumber woods logging opera?
tions are sadly interfered with and
fall predictions as to the size of the
season's lumber cut will have to be
materially cut. down. The snow blan?
ket, became a thin;?; of shreds and
patches by raid-January and at tliis
writing exists only in pale spots in the
deeper cuts and lower places. North?
ern Minnesota lakes are still ice cov?
ered, especially up close to the. Cana?
dian boundary, but where the ice a
year ago at this time was two feet
thick ii now is two inches thick and
too mushy to be safe.
Buffalo coats and sealskin caps, ordi?
narily common to the streets of Min?
neapolis and St. Paul, are now seen
only on the persons of visitors from
the remoter West, who have them with
them not because they are needed but
because they were afraid to take a
chance on a sudden chango while,
"east."
"Spring" Has Arrived
Lilac bushes and tho "snowball"
bush, which always are among the
first to come into bloom in spring, are
to be found budding in some places
where they aro on the south sidea of
houses ami in wind shelter, and spirea
buds also are to be found m sheltered
places in tho city parks. Altogether
it has been not only a January thaw
bul a total disappearance of winter.
That winter may come back apain
even before this finds publication is
pi il le, but even so, the long, warm
winter period will stand as a new
record since records began to be kept
officially in this part of the country.
Some economic considerations of a
more serious nature attach to it.
Livers and si ream.', are likely to be
very low in spring time and there is
already a moisture deficiency for the
period from September 1 to date as
compared with tin- year preceding or
with normal. To v. lia:, extent this may
affect the spring wheat and other crops
is a question. If ample spritig rams
come no great harm will have been
done, but. the old-timer out. here al?
ways wants to see a regular old-fash?
ioned winter, it being theory, a- least.
that such a ?sinter means big crops
to follow.
.Many saving features appear. Rail?
road operation never has been easier
'tin! winter cost of keeping roadbed
opi nothing ai a 1!, \<- h -!e !>:<; t rain
loads can be hauled with case, as
I steam difficulty and locomo?
tive "freezing" which operating offi?
cials have to contend with in sub-zero
tc mperatures.
It is said that in 1879, or there
abouts, the old-timers being a little
hazy as to the exact year, there was
a winter just like this and the wheat
crop of the year following wa i a
bumper. At that tune fore was little
wheat raised here outside o( Southern
Minnesota, as there was but lit!,!" set
tlement west of a permanent agricult?
ural nature.
Foxing Operations on
The Pribyloff Islands
From Deeember 15 to 19, 1918, 119
blue fox and twenty-five white-fox pelts
were secured on St. Paul Island. It
was reported that conditions wen- un?
usually favorable, bul the agent recom?
mended that the taking of foxes be
discontinued, as the weekly feeding of
the foxes with processed seal meal was
to be inaugurated near the village, at
Halfway Point, and at. Zapadni. It is
planned, by means of special winter
feeding operations, to increase Cue fox
nerd on St. Paul Island. The- effinf
trouble heretofore has undoubtedly
been a laek of food. No artificial feed?
ing has been dono there, whereas on
St. George Island a method of feeding
was inaugurated years ago that has
proved successful, as evidenced by the
much larger number of foxes on that
island.
The total number of skins taken on
St. George island through January was
541 blue and three white fox skins.
Trapping op?rai ions began December
16, and during that month .".'?9 blue and
three white pelts were secured. It is
probable that there will be a further
take of skins in February. Fisheries
Service Bullet in.
? ? -
Take and Shipment of
Alaska Sealskins in 191?
During the calendar year 1918 :',!,S00
fur seals were taken on I he Pribyloff
Islands, 27,503 on St. Paul Island and
7,387 on St. George Island. The largest
number of skins was secured in JaJy,
when 18,162 were taken in June 11,571
skins were obtained. Shipments of
sl.ins were made on the Roosevelt in
June, .September and Deeember, und
one lot of 1,978 skins was brought
down on the coast guard cutter Pear
in October. '
HKS M'iIM--. Iowa I. M;, il, Il ,
I i '?..? ??? ?. ? i .- I no ilker
', o I . ???? .?.-. ? u, ,i ... i
l-I.s MOINHN, I.,..., -,,!?? ||
I. . '.: . I till In II . ti . ,' v..
|>|.TIU>IT. Mich Wayne liai Co . n ?? . M \r
SI neretono, preened shapes and trlirunliisa; Pain
i -, ' ? Liila
KL, l'AHO, Tea ?Popular l> 0 Co. ; Leon Btro
ni/., Infanta', chJldrai'a aiid hoya' wear 1130
Broad wa
ii.M.I.NA. P! i; Blrge.r, roiuly to w.-nr _n<j
toncral rimrr-haJiiilso; n
KOtiYOKK, Masa Bhouhan's (?hop; Mary 0.
Bhoehau, Infanta", children ?, hoya' wear, ?omen ?
roady in wear lint- korl?o, ker
.l/MI ??XVII.I.r. VVIs I. M Bcstwlrk A Nona
R. M. lliwu?.-! ?. proprietor I'rlnn (jeorge
Kil.AMA/.1"!. Ml h H ?colt, auto hiipplli-a.
Id ITU1! i AM. ' V. .1 T. Latvia, ?-'it .Ims,
llnralil rkiwur.
l.'i.'a Hill K', Va .1 It M?h er i n K U
Hell iiiahII i, I ou o fun . i . : o Lima :...,,
L ? , .,..,?
MARIETTA mi,. Otto in.. : T H CoHiJon.
Infants' ill I III roll'h, hoy?' vwn;, ?onion .|y \,,
.-.< ai , M -A pi ,
MILWAUKEE, wi.-. nimbo] Bros.; H. Vollner.
Kollm i Llou -
','ASHVlU.r. Tonn. Casino. I'm??t ]>. c. Co
Miwi K. A. II? ii!.,?1?.. alm-m mu? umbrella*; Miss
A I), Mafic*? underwear; 23 Maul I .-.- ,i .
-.???. ' ?th nonr.
rrri'Klii'luill Kaufmann'* Dnpt, Worn Mri ?
r. I, Male, art not illi work no Hei l u-ldgn
POUT AH'I'lli H. Oui i uni ? : Krim Mil . W.
II Canil ?ell, notl. si i1 Is,? Commodore
KOANOKB Va I Kali Company; i Kni/.
Broadway ' entrai
mu l.l ultn, III D .1. Biewart .V ? ,i Mlaa
liiio, I. Lasset), ?rt, needlework. noTaJUnt; [?rince
'.
I I.'iflS Hill. H ?er A Fuller l> (! Co
Ml 3 I'-" --. ai'??-?, ll'i l',,?i ThlrtyitvotK]
.. ??? i rooi Min
MIOL'X i.'ITV, Ii7w? Daridaon Bros < ., u w
Oroutl ???? nit?, neckwear, collate, art k?,?i,,. no
lions, ?tallonery, ilruii? and iwnirj, 1201 Brood
WSJ4. Il i|, flow
TA.UNTON, Mi?- B. A. Tlnimiui; B, A.\}nmmi.
underwear. Infanta' ?sir. minium-, , i ommodore.
Things About Prices
By Carl Snyder
IT IS not always the universally ex
pected that happens. There was i
universal expectation that the com
i ins of peace v.oul?-J bring a drastic
j decline in war prices. That expecta
tion still subsists. I wish to sugges
that possibly a very large part of thi
! expected decline has already take;
| place, and this fact may have a larg
| bearing on the course of prices in th
next year. Let us tako a few in
stances:
From the peak of the war price wheat
la now down from about $3.25 to $2.26,
or about 30 per cent.
Cotton is down from 37 cents to 2c
: cents, or about 33 per cent.
Copper has fallen from a high price ol
! 3G cents to 18 cents, or 50 per cent.
Corn is down from about $2.25 to $1.25
or 45 per c?'iit.
Pig iron has fallen from a peak of $5'
to around $37, or more than one-third.
Steel billets reached a peak of $100
They aro now $47.50, a decline of ove
half.
Spelter was 10 cents a pound. It i
now T cent,'?.
Carbolic acid was ns hiffh as (10 cent;
\ It is now 12 cent--?, a decline of 80 pe
j cent.
Butter wa.i 70 cents wholesale. It :
now around C2 cents.
Kl?Rs r?cso to 72 cents. They are no1
45 cents.
Hero are ten basic commodities
which the average decline from t
high price of the war is more than
per cent. The rise of all commoditi
during tho war, on Dun's and Bra
street's indices, was only about 90 r
cent, and it will be seen that in
great many commodities a large pi
! of the war-time gain ha3 already be
lost.
General Level
Remain? High
But while this is strikingly true
certain lines it is not at all true
the average of wholesale prices,
shown by Dun's and Bradstreet's cc
pilations. The secret is, very sini]
that individual prices rarely, if e?
rise and fall together. This is v
strikingly illustrated even in the a^
ages for the different groups. Tl
i for example, if we take Dun's in
i we find that the group of breadst
? reached their peak in August
1017 and have now declined f:
that high level nearly one-third. M<
did not reach their apex until a j
later and are now nearly at top pri
Dairy and garden truck were higl
in June of 1917, and the decline 1
is a full third. But "other foo
largely canned goods, were highest
last January of any time during
war.
The average of clothing was hig
last July. Hut metals reached t
peak h year ago last fall. And 1
again (he group of miscellaneous pi
reached a peak last January.
Taking the average of all these,
peale was reached last October, and
decline since has been very si
Since November I, just before the
mistice was signed, the decline to
ruary 1 amounts to only a little i
than <1 per cent.
It. will be seen, therefore, that
| universal expectation of an immei
> and violent declino with the comir
peace lias not been realized at
Possibly tho reason is not very
to seek. The great rise in prices
place between the fall of 1916 an?
i fall of 1917. After the fatter date
; average riso was very slight, or
Utile more than f> per cent. Act.
the averages now are just aboui
| same ns fifteen or sixteen monthf
A part of the explanation pro'
lies in the fact that price fixing b
government laid a heavy hand
tho upward movement of prices, a
the case of a number of basic con
?ties, such as wheat, Copper, iroi
others, meant a radical loworin?,
this was true, then it might readil
low that the fall in prices as gc
ment buying ceases might not be
Iy so great as if the markets had
perfectly free.
In the year and a quarter fro:
period when p*rice fixing took efft
country hud timo to adjust itsel
more or less "stabilize" to these i
Moanwhilo wages were every
being increased to correspond t
new price level. Transportation
also were radically advanced, s?
for somewhat more than a ye;
business anil industry of the ci
were getting' used to and fittin;
new price standard.
Wages anil Transportation
May Not D?eeline
Every month that tho war last
big profits that loomed so allurii
the beginning grew less and 1
materials of all kinds went v
freight rates and wages as well
it is fairly certain that there '
no reduction in freight rates th
and likewise that there will be
stout resistance to any material
tion in wages, except in those
tries where tho wage scale is
upon the market price of the ]
and goes up and down automati
Meanwhile tho wants, of 100
people must bo supplied. Tl
brought a great shortage in mai
of normal products. This s
must he made good. Tho price o
will not bo reduced, and with' th
shortage of food in Europe ther
little likelihood that meats an
foods will declino greatly. Fr
transportation costs make up
large part of ttie average fam
get 40 per cent or more.
Bcemod to many careful observ
the prospects for a violent de
wages, and therefore in genera
are, in truth, slight. And t
shortage that ?s now being pro<
hesitation, lack of,buying an<
ened production may a little 1
como 80 unite Hint. Iho result
a sharp upturn in prices rather than
a continued fall.
No one can speak with any large con?
fidence in such a matter. Price pre?
dictions are proverbially perilous and
seldom make good. In lieu, therefore,
of an opinion, let me offer:
A Little Apologue
Thirty years ago, in the midst of the
tremendous railway building and busi?
ness expansion then going on, a care?
ful and thoughtful economist expressed
a doubt as to whether the country
could sustain such a vast transporta?
tion system, and whether construction
had not greatly outrun the nation's
needs. I believe that, even though tho
severe financial and commercial crises
that have intervened, not in any three
consecutive years have the receipts of
the railways shown a decline. Their
traffic is now three times what it then
was, and the commerce and trado of
the country havo expanded in propor?
tion. One may doubt if this expansion
has come to an end now, just at the
close of four years of war-time profits,
the piling up in the hands of the peo?
ple of an unprecedented surplus and a
wider diffusion perhaps of earnings
and comforts than this country has
ever before known.
Incorporations
ALBANY, Feb. 16.- The following
incorporations were tiled with the Sec?
retary of Suite yesterday:
Prnttsburtf Home Telephone Company,
Inc ; $15,000; Prattsburg, Steuben County;
Frank F. Wells, Wheeler, N. Y. : Addison W.
Wood, Prattsburg, N. V. ; Chauncey P. Smith,
Prattsburg. N. Y.
Jay Di-ir^s Company, Inc.: $25,000 ; New
York County r .1. 1'erher. Louis Friedman, M.
K. Markow, 115 West Thirtieth Street, New
York.
Merit Casket Company. Inc.: $150,000;
Rochester; .lames P. Burke, Edw. .1. Mc
Grath, Rochester; A. .1. Lauer, Auburn, N. Y.
American Fur Auction Salea Corporation ;
$25,000; Manhatan ; Leo Simmons, 356
Crimmons Avenue, New York City: M. .1.
Korbin, George Epstein, 221 East Thirteenth
Street. New York.
I. B. Skudowitz .? Bro., Inc., manufactur?
ing ladies?' apparel; $10,000; 1. S. Skudo?
witz, H. E. Behrman, Samuel Wacht, jr., 170
Broadway, New York City.
H. Friedman, Seidler & Avrutine, Inc.,
! manufacturing ?adies' and misses' dresses ;
$20,000; Harry Friedman, Hertha Friedman,
; Brooklyn ; .Morris Avrutine, 8,".:! Fast 176th
! Street. New York.
Medina Toy Company. Inc.; $50,000;
Medina, Orleans County; Watson F. Barry,
W. E. Stocking, William L. Bennett, .Medina.
N. Y.
P. and Q. Shop of Brooklyn. N. Y., Inc.,
deal in clothing; $10,000; Abe Davidson, 1!.
Finkelbrand, H. G. Tiger, 374 Bergen Street,
Brooklyn.
Levor Company, Inc., delicatessen busi?
ness; $10,000; Manhattan; S. 1. Hartman,
Maurice Brandt, Isidor Ortof, 04 East ?Mtii
Street, New York City.
Price & Friedlander. Inc., fur business;
$10,000; Manhattan; Lign?t-/. Trice, L. Fried?
lander, Joseph Goldsweig, 2308 Cretona Ave?
nue, Bronx.
Clareo Confection Company, lien; $6,000;
Manhatan; Demeter Pick, New York City;
Clarence T. Colin. Joseph Gittenheimer, 46
Riverside Drive, New York.
Overseas Motor Service Corporation, unto
business; $100,000; Manhattan; Frank A.
Gaynor, E. H. Kelly, H. Lockwood, 13 Cedar
Street. New York
Good Value Hat and Cap Company, Inc. ;
$6,000: Manhattan; Joseph Weinstein, Mayer
Lazerson, Harry F?rber, 40 Avenue B, New
York City.
Overland Knitting Company, Inc.; $5,000;
Manhattan; Howard Alsberg, George Zeileis,
Charles Stcinbachcr, 1536 Bushwick Avenue.',
Brooklyn.
Bliss Reproducer. Inc., manufacturing talk?
ing machine; $50,000; Manhattan; .1. D.
Evans. B. Seaboldt, New York Citj ; D. M
Bliss, West Orange, N. J.
Business Troubles
Petitions in Bankruptcy
Petitions in bankruptcy flled Saturday In the
United States District Court were
JOSEPH PREDMORE A voluntary petition of
Joseph Predmore, Chester, V \.. shows Hal
ef $0,1X7 and no asset?. The three largest rrcd
itcrs are: Conkllu &: H'*\ Chester, N V. $?JS4 ;
Consolidated I -n Company, I'orl ?"hosier, '
$687 and William I). Bosler, i a audn
Watts, Oaltcs Ar Bright, Mlddletown, N. ? . ara
Uie attorneys
u 11.1.1 A M P. MI..M CHLIN A voluntary petition
ef William I?' McLaughlin, 299 Br idwa' ?? cler
shows liabilities of $17.5?w ai ! no assel Hio
tlerm 'arue-ct creditors are: Henry Staler, ''?') Broa?!
way, $5.807; Chelsea Exchange Irani. ? 250 and
Jacob Marx, 3.1 Nassau Street, $4.000. [?'rank
Locker, 2U9 Broadway, is the atloniey.
Schedules in Bankruptcy
A u'lii'dnlo In bankruptcy was Olod iSaturday In
th? United States District Court as follows:
DOANB-EVETTB, Inc. A schedule of Doane
Brett?, lne,, shows liabilities of $717, tho rest of
which Is unknown, and assets of $4.752. Of tha
spi-i'lfle.1 am.'linns due CTedllors $327 Is for George
Mcltei.rv. 47 Bast !?'orty-nln!li Street ; 00 I -
WlnniB M. Itexor, 23 West IHftj eighth Street ai I
$rtl for S Drexel. 1253 Si Nicholas Avenue Fran
eis J. Sullivan, L'O Broadway, !.. thu atte
Judgments
'Plie following judgment?, were filed In-: Sat
! tir.ja-,. the first, name l??lnK that of tin? del.l-.r .
i Bachenhelmor. Joseph Swift & Co Inn $!;r.?io
? Hencsi-li. Adolph IV. ami Geo. A. Alt.ken
?G. Gullland .20,303 83
1>! H?rtele. Salvatore F. W Kaiser, .. lli.-i.4l
! Eagle Plumbing ?'.. Turner Supply Co . 447 ???
Fishlowltz Diuites, Inc II. Ilaer. 3S7 OH
! l>irrf. Max- N. Kaufman ...
I Gol.lberg. Abraham A. Pellerman et ni.
Calles. Jo?3eph M. Greenwich LUI 'graj
lug Co . Inc.
Gillette?, Mutt. ?;. -State Mor anillo ? ?
lit
Uowlelt. Morris !?; . ntul Warrc ?? Dent?
ares t While! A ?'?' lne costs H0.4I
Lynch Construction Co., V Barlicr.. lit! 20
Legend Realty Corn A Contl et al 7 ?' -' n
Leader, Jos. !.. M. II ?exles. Ml'.'.'
Lacks. Leo -S. Marcus . . ,.... 1.135.0.1
Lcsser-Sclllller Co., lue M. Schiller 2,547 :
Mlllor, Ileleu?Encyclopaedia Britannica
Ciirp. 133.70
MKktn. Altor, and I^jiil.. A. !l?-.n 22S.4I
Manley, Josevh. by gdn. M. Mullor.
cut? . lo?!.:?..
MciJay, N'aUian?N. V. Edison Co . Inc .
costs . 110.19
Meltzer, William ami Mainln Mluaraiil.'o
Wholesalers)- Aelierman & Davidson . 3 l"l 35
Pint?.. Ralph, and Naiiniial Surety ( u
People . etc. 2,000 00
Boacndorf, Samuel, and Majeaile I.auiD &
Curren Supply Co., Inc. Maryland
Casuaty Co. ?it,
Southern Patulle Co. !.. 1. D'Utassy
'?lists . . .' 133 ?is
Sherman, Stophen C MeKenna . 10 13.1 ?,
Sprague. lleno I. w h Wobl rosta . $? . lo
Vii.iii Improvement Cctnpai . ? lark M
Tlmennan. Charlea Irani, i an 1 Carrio
V Franks -W. Hell 1 747 <!')
Hnilih. Laura N ? Y. Vf, Browning
Tapparulll, Marie Fu Helm of America,
Inc A I, Goaselln Corporation.., 146 20
Warron, John, ami Fidelity ami Casualty
Company of Now Vork People etc l '.no no
Waverly Amo Exprosa (Company. Inc.?
T. A. Ko,,;<-r. ?gg 25
Judgments Filed
In Bronx County
Brooks, Joseph .Maxwell Mi to Sales
Corporation * ?489.33
eCaJouvoM?, .hums, ai I ? hrla 1 ?rol i
?I. Mountrouhan . 117 05
Campbell K Damps?) Co . Inc In li?
ana Flooring (.oinpany... , 81 10
VloUctunan, William ?i. Welllns ' ??: '; >
Llppuer Frances- .1 I?. Icowdeu Ri ' 10
Mrver, John \*. -C II M?y?r . :'?>:, "?
Tutano. Carmine A. Arrlgonl .. . ??22 so
Falt-vlew Construction Company and Fordl
nand Marx -Q. ?Colon A Co. 1. ,110 ill
Satisfied Judgments
The first. iiatn?'ts that, of the debtor, thn second
that of Dm crr?lltcT and dat<? when Ju?lgiueiit wa
file. I
Allr.^l Frank -H. Ilrss; May iM.c 1010
(eiuicollnj) .......... |n 78ij "o
<<'olilt.org .?v Gmonlvrg, lne R K Simon;
November '..". Illl ' I revar .-i I 7,,-v mi
Oberloiler, Morrla To? , Taxi ? n.p?:
inc. . January -".?, 1019 157 81
Reclu? .n. Benjamin n i h fJtem ,t Sona
In? August 7, 1910 ? . M
Bplnalll, nrtin N ? 'boloney. Pdmiary 1.
1111H r.OS 32
Bclioonmakar, John B. ?ml jwi, ni,>, .
H. II Clark; .lui? :???. iimr ., ?ill to
B.JU?- Maine. July 2'.!. ?OIS..?^?^?^. 850.T0
Australia Doing More
Buying in America
Automobiles, Machinery and
?Meel Are Most
Wanted
Opportunity to increase the export
trade of tho United States in Australia
is knocking at the American business
man's door, according to Frank B.
Smith, a prominent importer of Sydney,
who is in New York.
"There is a market in Australia for
American goods of some kinds, such as
oils, automobiles, machinery and steel,,:
said Mr. Smith.
"The American export trc.de to Aus?
tralia prior to the war," he continued
"was not of any great magnitude, but
naturally war conditions have chang?e
the situation.
"Australians came over to America t<
secure supplies, and the ceneral tradi
conditions in Australia became rathei
extraordinary.
"Prior to the United States govern
ment placing an embargo on the impor
tatioi of galvanized iron this commod
ity, tho pre-war value of which was ap
proximately $80, was selling at $450
and even then a sufficient stock of i
could not be secured to cover the whea
crops of several seasons, which wer
lying in Australian ports because ther
were not sufficient boats to carry ther
away; enough to feed the starving mill
ions on the other side of the world.
"The commonwealth government pa i
the farmers an advance of 7
cents per bushel on their crops, an
' what remained of the several year:
, crops, after a plague of mice had tin
ished with it, is still there. Some of i
has been sold, the last salo being 50,00
tons to Norway at $?..''5 per bushel.
"The British government to-day i
taking steps to look after Australia, an
from January to March no fewer tha
eighty-seven boats aro booked to sa
from England, a number which wi
strain our limited pert facilities to tl:
utmost."
Cotton Goods Speculators
Lose Heavily in Tunis
A s tor* of how natives, merchants
and importers of Tunis, Africa, stand
to lose about 75 per cent of their
working capital through speculation in
cotton is contained in an American con?
sular report. During the war these
importers were reaping an automatic
profit in cotton goods because of the
fact that the goods increased in price
from the timo they left Manchester,
England, until they were delivered m
Tunis. Natives of tho region, having
made considerable money from the
high prices, received for their crops
and having but lit le faith in paper cur?
rency or bonds, turned to cotton goods
as a staple investment. They thought
the Arabs would buy cotton fabrics at
high prices as long as the war contin
used. Accordingly they began placing
orders in Manchester, many of '.net".
far beyond their means When the
armistice was sipned there were about
$2.4,000,000 worth of cotton goods in
Tunis and slightly more than $19,000,
000 worth being made in England on
Tunis orders.
Upon the signing of the armistice the
prices of cotton goods dropped 50 per
cent. By the time th" good?; w< re due
to arrive it is figured that if these spec?
ulators had gone through ?vith their
commitments they would haw
lier cent of their capital. It is pre?
sumed that, like the Arab of literature,
some of them silently folded their
tents and stele away in the night.
-.??
Seizures and Sales
Of Alaska Skins
In cooperation with the collector of
customs_ at Seattle, Assistant Agent.
Christoffers has seized from an express
company ten trunks containing beaver
skins, consigned from Seward, Alaska,
to San Francisco. The trunks contained
717 beaver skins, twenty swan skins
and one can of beaver castors. The
killing of beavers in Alaska is now
illegal and the shipment is being held
for proper disposition.
! ^Oribune?*
ChxService
\T" ?,.?;
mm: ? <W
.1 '?'?"?? .;?' *
/End i. ft. ??^
as A?,?; m,
pa? tfe ta
i !</iic-/i rc.Mrws i
extent, if c
the levy, etc. Tl - 'r?*>
cune,
excess ' " ' ? :
.. 7'";. 7V.- ,,.?,.,??, .
?At? ?
?af,Mflr r., *??*.
Ol.'rf . P'0/l??
?a? b,
of?
.Morris F. Frev,
Tax Consultant of t ?
a leading ? ">? ?*
"?''' '?
' 7
4>c_?v -f.
r . Ul?|
Staff? your questions as conciselv .,
possible but be sure that no ",2,1.
information ?s withheld ess*n'??
JVrite on one side of p,lprr onIv
fo?nr?X amPed addreSSed ^
s-s all co ?<? io
lax Service Department. Tribun,
Business News Bureau, 154 W
Street, New York < ity. 3U
Question: I have received a Bn,_ll
lot ol 1.
Should they I
Answer: Dividends paid in Libert
bonds are taxable income to
holders receiving them and ?|?ould h
reported at their cash value at th
time of receipt bj the stockholder.
_ Question: We are nol familiar wii
the terms on v.
certificates of
sued and would , to wba
nt the 4
on these certifie - | by th
:
Answer: Interest on I'nited Statt
certificates o? indebtedness issue
subsequent to September 1. 1917,
subject to the individual income soi
taxes and to (he war profits and ei
cess profits taxes. Such interest ism
subject to the normal income u\\ o
individuals, nor the income tax on coi
pirations. Inder the law, interest o
an amount of principal of such eti
tificates in the aggregate of S?.000 ?
exempt from all taxes, i'iio prinripi
of such certificates is subject to estai
taxei .
Question: My on Julv li
1918. Will I be entil : to a pel
sonal exempl
Answer: The status of an indi?id
ual for the purpose of the persona
exemption under the Federal fnconn
tax law is the status as of the dan
of the end of th?" taxable year foi
which reiurn is made. If, therefore
a man is single on Dec ember 31, 191P.
although he was married durin? (he
>ear and his wife <\?< r] prior to tb,
end of the year, his ?eturn tshaH h?
made on the babis of a smcle person
or the heid of a family, as thn <n
may be. li he i-? the head of a famil;
his personal exemption is $2,000,othci
wise $1,000.
Question: "
inir upon thi
countan
Decembi
'
paid in June, 1918 V.
I
come. howe\
than tal
and they tl
-
of i.. -
?
up on the bi
Will tl et up sue
a reserve I
Treasury Depai
?
the year 19] -.
| not i-'4'
these ta
1917, b
paid out of i ?
Answer: If the taxes '?'?ere paid
191S from earnings o( 1918. the la
that an unused reserve of 1?"?'.,<'?r,
ings was sei up during 1917 " I ? !
be consider! ing the eorpor
tion the privilege of Including w
resen ?? in its investi d capital as ;
.Januar?, !. I91S, pro', tiled that on I
undistributed proii '? d,d n
show taxes as coming out nf the >e
1917, but planned to ? ims?der then) i
paid out of the income ol 1918.
Question : Our
'
of 191 I
Vnswer: earnings of a pariner-n
during the year 1917 ?ere -abject
excess profils t '
October .".. 1917, and each indmd?
parln.-r was liable both '"4
tax and the surtax on his d-irihui.
interest ?,, such prell-, whether 0'
tributed or not.
Question: 1
:
$30.000 origii al
'
?50,000 Lib? '" b
? ? "as
bonds of the lour-H issue are txe>.
from income tax until two year???'
the termination of the war. a? j
are an original subscriber to bond
the fourth Issue, your total hold'
Of the second and third ISSUe*
exempt for the sann- tM?
amount of $5,000 of your hoWinP
the second, (bird and <<?ythn fi
are exempt during the life
bonds.
Government Foreign Trade
Policy Called Nigg?*
Stanl? v J. Q ^ '?ry ,?v
American Mann'
?ti a co '"V;'/
C Stowell, chairman ?
r,Mi.ted by the N
?toform League, favoi
emment appropriations to DJ w*
foreign tra
St?Everv government . ;
Mr. Quin .
trade
?erioui I handicapped
in the past the counti has been
Pin-pose, and i ??''? 'rr0
base handicapped the buildine up
corp ? ???' men who b> long ,,';,p:n>t
experience are eouinped to a???
the development of the nation??*
business."
Week's Bond Trading
?rt
Government and Municipal
1919 -,
Sales moo omiltod). cl? ?'. High. Low,
2362 U S Liberty 3y.s.'.. 98.SO 99.80 98.50
247 do 1st Is.92.80 94.18 92.50
l'.tl5 ?le. 2d 4s.92.62 94.10 92.10
207 do Kt 4".?s . 94.88 96.69 94.60
5175 do 2d 4143 . 93.90 95.32 93.80
I15r.ll do 3d 4Jis . 95.16 96.50 94.82
17!. do 4th !'i< .93.82 95.72 93.76
. U S 2s co 1 1930 .98 98 98
' m Vn For Gov Sec 5s.. 993.; 997g o938
2530 Anglo-French 5-yr 5s. 97' j 97"3 96?8
: ArKentine Gov 5s.... 99 93 90
:, : Chinese Gov Ry 5s. .. 71 72 70
96 City of Bordeaux 6a..101% 102"/2 100J4
7I City of !? ons 6s.101 ?. 102' 2 10014
70 City of Mar eillea <'s. 101 ? - 102' 2 100: ...
U, City of Paris 6s. 99">4 100 9S:<8
3 City .if rokio 5s. 82' , 83 8!
39 Dom of Can 5s L921.. 93'8 99 97^4
62 do 5s 1926.97'/8 W 96'. ?
53 ci., 5s 1931. 97~\, 93 971 4
16 French K. p 5' 3 1919 105 ft 105-ft 103
24 Imp .lap 1st ser 4' ?s. 90 90 SG^g
2 do 2d ?!? . Get- stn. 853a 85'8 84
State
Weel s
Sal is (000 omitted) 0 High. Low
ION V Strife 4s lr'<'.! ... 97"'r 97-">a 97'
2 N V Caual I1 a 1964. .106' . 10o! 2 106'
16 I Va df 6s Brown Br ctfa 72 73 63
Railroads and Miscellaneous
Week's, 1919 -
p.,le- fiif? 1.lilted 1. do ? . High. Low.
3 A lam Exp col tr 4s. . 62 60 62
1 Alas G M c'v .! 6s ser A 31 35 31
6 do or B .H 34 30'4
I Mbanv & Sus 3' * reg 77 77 755-fe
1 do red . .30 85' 2 80
2 do adj Is. 78' ? 8034 7S'H
.". do 4s East Okla dis . 92' 8 92' 8 92' 8
? Ml iv Ch Air Le ?)'-.. 88 88 88
1" AH < ?'. t I, It con 4s 83' 2 85' 's 831 ?>
5 do unified : ' . .84' s ?7 84' p
62 Bait & Ohio rfg 5s. . 82 82' 2 F,0'B
37 do cvl 4>2S. 78 80 76
15 do gold 4s.77' 2 82'. - 75^4
83 do prior lien :'V ?? 88'a 89'4 88
do Tol-Cin di?. 65 68 65
'?' do ::';.; Sothwn div.. 84'2 86'4 84
1" Beth Steel rfg .'? '. 89 88' ? 87
16 l!" P ?'" 5s.8P4 83 80
. Braden Copper 6s. 94 96 94
,; Bklyn R T con Bs. 73 76 65
' ' ' ;.815? 85' - 75
''? Rklyn Itn Kl 1st 5< . .. 74?? 78 72
I Bklyn I nion Gas . 93' 4 95 93' 4
1 l;'' ?'? Terminal 4s. 89' 8 80'8 SO' ?
1 fed Rap ? V & Nw g 5s 97'4 97' , 97'4
3 Centl of Ga Ry con 5s. 91 94~a 91
? '? ' ????'? Leather ?en 5s. . 96: 4 97 96
s ' '?>'* Pacific gtd ! ... 80' 4 83 SO
?'? d? f-'''l -1'.-. 85\, 85^4 85*? !
I Centl R K of N .) f, ?. . 102' 4 105 102
I I ' h-'? & O con 5a. 99 99' '. 98'4 <?
;!" ']" '" ' ?". 85-'4 e9 843a
.'.' 2? P"" "". 79'8 88'8 77
lb d?> cvt 4 '...*. 78' 2 81' 2 78
I Chi & Alton 3s. 6058 53 50S?
,' ,"" 3??s . 3CH 40 3531
15 ( lue H & Q gen 4s . . . 82 ?? 83' , R1
" <jo ? f 4a Iowa div.. 99' 8 99'8 99'8
l *" ,; '.?. 84'4 85% 84-14
,, ' ' '?'?' ', ??'? '?? "m 75^ 75'8
1.joint ? .95'8 96 95-i8
a ( liicago & Erie 1st 5s. 94 96' 8 87! ?
.- ? hicago Gt Western le. 61'4 62'2 60
v C M & St. I' cvt 5a m B. 79 81'? 7534
?''' do cvt P-js . 7734 81'2 75-->4
56 ?I.? rfg ?'jH . 70'2 74'4 697a
'?ce getl ?!.. -< r A. 73 763n 73
8 do deb la 1934. 71 73T8
I do 5s I.n.r & I) div . 9Dr.? 99^8
II Cli & Nun deb 5s 1933 96' \ 96' 2
3 ?l.i Is Mil S & N div 78 * 7H
L Cumberland T & T 5a.. 93'.. 93% 93
1 Del & Hud cvt 6a. 93' 2 953$ 931 ?,
R do equip I'? n . 96 96'? 96
4 do rfi' I ? . 85' . 85'4 84
2 Den &. It (! rfg 5? ctfa -\r , B1 17' d
I 1I0 con lu. 7? 7\ (.4 h
1 Delr l'.li Co r?g 6a l'.'l'i n.i 94 m
2 Detr Riv Tunnel I'm.. 821.1 84'.., RM.,
, Detr United Hv I'-- . ,"?? ., 75' j 73H
u DlHlIllera Sec ('..1 p '... . 90' . 9 1 89' s
Z Hui ? Iron Rung? '? ? . 94' ?J 94! - 9 1' B
G Hui So Shc.ro & At 5?. 83 83 8.1
.1 E Tenu Vu & Ga con r.s.95' j 95' ]? 95' ?
1 K.l 111 of Bklyn con 4?
1 Ed III of N V con in.
83 84 797?
98 98 98
Week's .- ??- 1919
Sales (000 omitted). close. High. Low.
8 Eric 1st con 7s.100'4 100'2 99*-?
12 do prior ??en 4s. 66 70' ? 66%
11 do gen lien 4s. 52% 56 52'-,
1 do cvt 4s ser B. 47 48% 47
6 do cvt 4s eer D. 48', 2 52% 48%
6 Fla East Coast 4 \ ??_ 83 85 83
4 Green Bay & W deb B. 7 8' 8 7
5 Hock Val 1st con ?}'???. 79 83 79
34 Hud & M rfa 5s ?er A. 57% 60'4 56'-,
22 do adj inc 5s. 16'4 18 15
4 Illinois Cent ref 4s... 83 84% 81'/j
" do 4s 1951 . 83 88 88
2 Ind Nat Gas & Oil 5s.. 80% 82 80' ?
F) Indiana Steel 6a. 98's 98'8 95'
236 Interboro-Met 41-,s .... 39'-, 43% 38>.
133 Interboro R T ref 5s... 71 " 72% 69
2Inl ?agricultural 5s.79% 80% 76' '
116 tnt Mer Marine s f 6s.. 99', 101% 97
2 Iowa Central rig 4s.... 44% 44% 43
12 Kan City Ft S & M 6a.103 103' 4 102' -
6 do la . 7 3 76'.., 73
3 Kansas t itv So 5s. 85 85% 84',
12 do Terminal 1st 4s... 78 81 767,
7 Keokuk & 1) M 5s.65 66' z 65
2 Lack Steel 7s 1923. 97' 4 97'4 96',
! 1 ?to 5s 1950 .86' 2 87' ., 86
5 Lac Gaa of St L rfg 5s. 99% 99% 95
15 1. S & M S ?ici) 4s '28.. 89'4 90 88';
In do rieh 4s 1931. 883,? 89' 2 88
33 Lehigh Valley 6s.101% 102% 101'
3 ' ehigh V of N Y '.'<.. 89 92 " 89
12 Lohigh V of P Ken ',.;.. 80' 2 80', ? 80'
1 Lehigh Val Term .".s. .. 99% 100 98'
.. Lex ?S- East Rway 5s... 95'4 95'4 95
?1 Liggett & Myers 7s.112' s 113% 112
3 do 5s . 92 9378 92
fi Lorillard Co 7s.112% 113 112'
4 do 5a .91' -, 93% 90'
1 Louis & Nash uni la... 84% 88 , 84|
3 do 3s St L div. 57 57 57
?. Mich suit? Tel 1st 5s. . 90'g 92 90
.t Midvale Steel cvt 5s, . . 88 88' 2 86'
2 Mi.111 & St L 1st rfg 4s. 46?/2 47'8 44
.. M K ?t T of T 1st 5s. .. 51 51 51
le Mo K & T Ist 4s. 65 69 64'
1 Mo Pacifie cou 6s. 99% 99% 99'
3 ?h. rfg .'.s 1923.93'8 93% 93'
5 ?!.. rfg 7s 1926. 90 92 89'
227 do gen 4s. 61% 63' 2 59
7Montana Pwr 5s ser A. 91% 95 91'
INew Ort Terminal 4s.. 67 67 66'
16 New Or! T & M 6a s A. 96 97' 2 96
2 do inc 5a.54 58' "? 54
2N V Air Brake cvt Us.. 99% 100% 99'
160 N Y X 11 & H deb6s. 98% ?a1., 97
do rfg & imp l'-s... S4! , 85' , 82
1 do deb 4s 1934.85 86 " 82
2 dn con 4s . 74'. -. 76'2 74'
4 do rfg 3'2s . 72% 72% 71
1 N Y C M C col tr ;:? -s. 65 70 65
5 N Y C & St L 1st. 4s .. 80'2 80'2 80
S N Y G K 1. H & P c 5s. 93' 2 94 " 91
3 do nur m 4s. 71' -, 73 69
1 N Y 4- Munsey Ry 5s. .. 5b " 57 55
37NYNH&H cvt 6a 1948.. 85 88 84
G <!.. n-c deb 4s 1917... 53 54 63
20 ?lo deb 4? 1955. 54 56'8 54
1 do deb 4s 1956. 54 59 54
1 N Y 0 .t W 1st ref 4s. 69' 2 70 69
3N Y R'.vv rfg 4s. 41'a 43% 40
S do adj 5s . '. 12% 147, 11
1 N Y S & W ref 5s. ... 75 78% 75
7 do gen 4 >-s.91% 91% 88
12 N Y W & B t'.ia. 50' 2 53 60
I Norf & So 58 ser A_ 6e" 2 69' 2 68
SONorf & W cvt ris.107% 108 106
3 do on 4s. 8434 86' . 82
33 Nor Pac prior lien Is.. 83% 86 83
ES ?lo gen 3s ... 59' 2 61% 59
1 Nor States Pwr 1st 5s . 8'? 91 89
4 Og <V Lake Cham -is.. 61% 61% 61
T. Ore Ry & Nav con 4s. . 85 85% 85
'.'Ore Short ?. 1st 6a-101%101%1OC
Il do con 5s. 08% 987? Q?
7 do rfg -?s. 86 88 8(
'. Ore-W R R & N Is- 77% 79% 71
2 Pac Cms .rv Elec 5s.... 87% 88 8;
:. l'a. Tel & Tel 5s.94 95% 9;
26 Peni R R gen 4V2s... 88' 4 P9% 8:
lu do gtd 41 ?s 1921_ ^8'4 93% 9
602 do con 5s 1968.96 97% 9:
3 ?I- Is 1948.S8% 88% 8
5 Peo : .V C of Ch 5s. . 75 7- ,,
9 Pore y..uette 5s. 85' 1 88' 4 8.
2 do Is. 6834 72% 61
2 Phila Co deb 5s 1922., 91% 92% 9
7 Pierce Oil ??s I920....1O1 103% 10?
64 do 6a EC 1. 9J% 93 8.
9 Pub Serv of N .1 :,:\. ... 79 80 7
24 Reading gen 4s.85% 86% 8
1 Rep 1 & Sti col 5s 1940. 94% 95'8 9
6 It I Ark & I. 4.s. 70 72 7
S St L I M ?S S gen 5s. . 95 96' 2 9
12 do rfg 4s. 80'2 82% 8
4" St E & S E nr 1 4s s A 62 64 6
1 do 5s scries I!. 77 79"<8 7
20 do adj 6s. 64' , 6<> 6
5 do inc 6s. 40% 45' 2 4
ISt I. Sun Tenu 5s, . 59' 2 61 5
2 St I. Swn con !-?. 54
?I S A ?S A P 1st 4s ... 65 68 6
1 Scab Air Line adj 5s. 49 53% 4
2 ?j.? 4s stamped. 73% 74 7
5 do rfg Is. 58% 60 5
20 Sinclair Oil r f is_ 96 96% 9
19 do stock warrants.. 99 100 9
1 So Bell T & T 7s. 92% 93 S
255 Southern I'ac cvt 5s...102% 105 1C
150 do cvt 4s. 83% 855a ?
1 do col tr 4s. 76% 77 7
70 do rfg 4s. 81 85' , (
5 Southern Ry con 5s.... 94 96"-', ?
55 ?lo gen 4s. 67 68% f
3 do Is S? E div. 72% 74'2 ?
J Standard Milling 6s. . . 95 95 S
1 T It R S of St E ref 4s. 75 77 .
I I Texa* Co cvt 6s .102 103 1<
15 Tex .v Pac 1st 6s. ....91 92 S
i? I hird \w i.di ??? .29 31% '
, Toi l'e.) & W Ist 4ft. . 56 36 ;
.". Toi SIE * W pr I .".'-.s 49 51
i'. I'nion Pacific 1st 4s... 86% 89'4 I
1 do cvt 4s. 87% 89% !
80 do rfg 4s. 82% 83% !
33 do 6s .104% 105 1i
4 United Eurl Gas 6a- 98 98 ',
19 11 S Renltv & Imp 6s. 68 67 i
60 U S Rubber 7s.103' 2 104 1i
164 do' 5a . 86% 87% I
6 IT s Smelt Ref * M 8? . 98' .. 100
70 11 S Steel s f in .. ..100% 100%
6 Utah Pwr A Eight 6s.. 88%, 89%. I
I Vu Car Chemical 5s... 96 9t>
13 Virginian Ry 5?j. 92% 91%
5 Wabash 1st Si?. 97'4 9<3' ..
5 .1,. 2d 5a. 85% 89
'i Western Electric 5? . . 9h 98' _.
:. Western Maryland 4s . 61 61
5 Wettern Pacific 61. 84 80! 1
I W.stu 1'iilun col tr 5?. 94 94
7 Went Shore 4s.80 81%
8 Wilsmi Co 6?. 97% 68%

New-York tribune. [volume], February 17, 1919, Page 12, Image 12
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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New-York tribune. [volume], February 17, 1919, Page 12, Image 12 About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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New-York tribune. [volume], February 17, 1919, Page 12, Image 12
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924