New-York tribune. [volume], April 17, 1919, Page 14, Image 14

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8450.000.000 for
Development of
Poland Needed
Dr. Lewinski-Corvin Says the
New Republic Has Essen?
tials for Industrial Growth
But Needs Stable Monev
Establishment of s sound financial
system in Poland was urged by Dr. K.
H. Lewinski-Corvin, expert on Polish
industrial and economic conditions, at
the first open conference of tho Sov
ciety of Polish Engineers and Mer?
chants in America, held at tho Engi?
neering Societies Building last night.
1%. Lewinski-Corvin advocated imme?
diate steps for stabilization of the
monetary unit. This was easier of
accompli lim? ' '" "? now country, he
than in one with long i stablished
financ al tradit i? n? and a complex
financial and economic i rganization.
"Poland has all the elements for
high industrial development," he de
i lared. "The largo deposits of real and
iron in proximity to each other, the
largest European oil fields, fertile soil,
timber lands and an intelligent and
skilled industrial population are f ac?
te rs ? uring solid development of in?
dustry.?'
Poland's immediate dee.!;? call for an
invi itment of $450,.'. Dr. Lewin?
ski-Corvin declared, arid much of tins
sum will be expended in the United
States. He summed up tho items of
Poland's requirements as follows:
One hundred und twenty million dol
%rs' worth of machinery, motor?, tools,
machine parts, copper apparatus of all
kinds, cables, beltings, etc.; $112,000,
000 worth of rubber, metal and other
articles for the installation of various
factories and the telephone and tele?
graph system-, $140,000,000 worth of
raw materials for the textile, chemical,
mineral and metal industries, such as
wool, cotton, hides, jute, animal fat,
rosin, lubricating oils, copper, tin,
aluminum, nickel, etc.; $60,000,000
worth of agricultural machinery, im?
plement? and tractors, railroad rolling
stock and 200,000 tons of fertilizers.
Payment of an indemnity from Ger?
many, in addition to the proper de?
limitation of the Polish boundaries and
an outlet to the sea, was declared by
Dr. Lewinski-Corvin a? essential to
the proper development of Poland.^
Professor Irving Fisher, of Yulo Vni
versity, spoke on "Export Credits and
Monetary Values," and outlined a
financial system adaptable to the needs
of Poland.
British to Review
Embargo September 1
Americans Find It Hard to Get
Trade Foothold in United
Kingdom
WASHINGTON, April 16.?The Brit?
ish embargo policy, which has fallen
heavily on many American firm?, will
come up for review und consideration
of modifications by tho British au?
thorities September 1, the government
has been informed by Philip P. Ken?
nedy, commercial attach? of the Amer?
ican Embassy in London, who has ar?
rived in this country to attend the
National Foreign Trade Council in Chi?
cago.
?'American firms which have large
organizations in England are holding
on tho best they can." Mr. Kennedy
said to-day. "It is a difficult time for
American" firms to make preliminary
arrangements for trade in tiie United
Kingdom. In view of the special con?
ditions at this time the British feel
that their position should be under?
stood in America and that we should
take a sympathetic view of their prob
lem. Or.e of the leading officials of
British Chambers of ( ommerce re?
cently said that owing to tho gravity
of the transition period it was neces?
sary for the time being to tread on the
toes of their friends. But seeing that
they were friends, he hoped that this
would be tolerated. This pojicy of re
Iriction logically results in higher
prices to the consumer in Great Brit?
ain.
"There is a certain amount of senU- j
? merit which is adverse to the policy,
on the whole, however, it is apparent
that the government is convinced of
the necessity of keeping on restrictions !
during what is termed the transition \
pe i iou."
Chilian Mission to Attend
St. Louis Trade Convention
','. \ rllXGTON, April 16. Member?
of i Financial Misi ion now
? Washington accepted to-day an invi?
ta-, the United States Chamber
of Commerce to attend the convention
of tl ?? chambers of commerce of the
country at St. Louis from April 2'-1 to
May 1. ?.j guests of the national or
.
ai [ roducers and manufactur?
ers are anxious to place their markets
in the United States and to Becuro in?
vestments by Americans in their coun?
try, according to Senator Eliodorol
Vanes, chairman of tho mission.
in a statement given out to day ox-,
[.'.inning the purposes of tho mission,
or Yanex said ! e bel ? ???? od the
Embassy could not have visited this
. . .- ' y at a i oro ? ; portune I n e.
"The numerous invitations 'rom dif?
ferent chambers if commerce and
fini tutions v. h ich we hnvo
receive.:," he said, "are a palpable
proof of the interest which the Amer
lean capitalists and captains of indus?
try have m making South America
enc of their principal markets. For
my part, I can assure you that Chilean
producers and manufacturers wish also
to place their output ?n the United
States.
"Our mission has a political signif
?canee because we will avail ourselves
of every opportunity during our sev?
eral visits to nut in relief tho {rood
eeling which binds us to those sev?
era! countries, doing our best to
strengthen the bonds which exist be?
tween our respective governments and
peoph
Bif'js on OH A<?ke?J
WASHINGTON, April 16. Bids on
5,400,000 barrels of fuel oil to be do
1 ;-u<\ during Ihe next twelve months
-? ? :> Board vessels at Boston.
Philadelphia, Galveston, Cristobal and
Balboa, were a ked to day by the
board's division of operations.
Furs
Sealskins Offered by Gov?
ernment to Feature St.
Louis Auction
Real sealskin has returned as a
staple in the fur market. The Ameri?
can government is offering 10,000
Alaskan sealskins at the St. Louis fur
sale the latter part of this month, the
largest amount put under the hammer
in the past ten years or more. The
price trend on seal will bo watched
closely by dealers, leading fur mer?
chants declare. Next year the gov- ,
ernment is expected to kill fully
50,000 Alaskan seals. ,
The seal treaty entered into by the
United States, Japan and Canada,
whereby the two great seal herds fre?
quenting the Pacific in tho neighbor?
hood of Alaska and Japan in the spring
of the year were protected, greatly
reduced the quantity of sealskins on
the domestic market. These herds are
said to have increased to the point
where the killing of the young bulls
will now supply a fairly large number
of ? ':. :ns.
Such progress had been made in the
dyeing of muskrat skins, in imitation
of seal, that this product, known as :
Hudson sea!, had supplanted real seal, j
which had gone to extraordinary high
prices because of its scarcity. Whether
the patrons of high class furriers will ;
continue to buy muskrat instead of.
real s.-al now that tl:<T latter is more
plentiful will be one of the factors
determining the futuro trend of prices.
Foreign Furs More Plentiful
Troof of America's leadership in the j
fur markets of the world is contained !
in tho larfre amount of foreign furs of- j
fered in the coming auction of Funsten '
Bros. & Co., St. Louis, according to | (
George B. Herzig, New York repre-j
sentativo for the Funsten concern.
"The amount of foreign furs now of
fered in the American market," he said
yesterday, "h*as increased far more '
than tho amount of domestic furs. Rus- ;
?ian furs formerly found their way to
this country after passing west through
Siberia into Moscow, and thence into
Germany and England. Now they are
:oming direct from Vladivostok and
other Siberian points. It ?s only within
the last five years that Australian furs
have been shipped directly to the
United States. Formerly they were
sent to London and purchased by
American dealers there. The direct
shipments from the Antipodes and
South America are increasing yearly."
Leather
_-_- i
Spring Lamb Killing Will
Only Partially Relieve !
11
Sheepskin Shortage
Although domestic spring lamb :
skin?? will be available in June, tanners ']
declare that the stocks obtained ;
through this source will not help much
to alleviate tho marked shortage of
sheepskins that exists in all the
world's markets. All the skins coming ?
as the result of the spring killing of
lambs, it is expected, will be bought up .
so quickly that they will not malee
much of an impression on the merket ;
situation. The supply will be equal to ;
only a small part of that required by x '
glove manufacturers. j
Tanners report that they have plenty ;
of low grade sheepskin on han?!, but
that the good raw stocks are scarce. .
The surplus of the poorer material they
attiibute to the higher paid labor em?
ployed by the leather goods maivufact
urers. Before the war, when labor was
cheaper, manufacturers, it is said, could
work the law grade leather with profit.
but now they find it impracticable to
employ costly labor on this quality of
material.
Sheepskin leather is used extensively
by shoe manufacturers, makers of
leather coats, cloves, novelties and the
cheaper grade of travelling hags. In
the poorer grade shoes uppers are made
of this leather, while in the higher
priced footwear sheepskin is only use?!
as trimmings. Shoe manufacturers are
now buying sheepskin-?, in small quan
titics, expecting that prices will go |
down. Advanced prices for good grades !
are more likely, say the tanners.
Wir* Orders for Quinine
Actual orders for 130,000 ounces of
quinine sulphate were in the market
yesterday. Of this amount 20,000
ounces were bought by agents of Ital?
ian consumers for, early shipment to
Italy, where a shortage of quinine is
reported.
The market prico for quinine sul
photo in -second hands is from P0 to
92 cents a pound.
Meetings and
Conventions
_
Bolshevism, its causo and its cure,;
will be discussed at the three-day con?
vention of tho National Association of
Cotton Manufacturera at tho Hotel
Biltmorc Wednesday, Thursday and
; ri lay of next week. Harry F. At
wood will he the principal Bpeaker on
the subject.
New markets for American goods
also will provide the topic for a group
discussion to be held Thursday morn?
ing, at which John S. Lawrence will
act as chairman. George W. Norris,
former Port Commissioner of Philadel?
phia, will speak on "American Bot?
toms for American Goods," and Alien
Walker, of the Guaranty Trust Com?
pany of New York, will talk on banking
facilities for foreign trade.
y.]<-n identified with the cotton spin?
ning and weaving industry from all
parts of the country will attend the
convention.
Collective dealing in all matters,
particularly with reference to labor,
? ?< one of the principles said to have
been Incorporated in the constitution of !
the newly formed American Cloak and
Suit Manufacturers' Association, which
held i! t third organization meeting
yesterday at the Hotel McAlpln.
According to If. LJviller, temporary
secretary, the n<-w association already
numbers fifty cloak and suit ?nnnii
facturers not connected with the Cloak,
Suit and Skirt. Manufacturers' Pro?
tective Association among its member:?..
A membership mass meeting will be
called next week,
"We intend to organize tho l j'.oo or
m?,r<? coat and suit, manufacturers in I
New Yoik who do not belong to the
old association," said Mr. Uvillcr yen
! terday. He declined \>, name the Icad
i ers of the movement to establish a new :
trade body In the Industry, saying it
might interfere with present plans.
About twenty-five members of the ;
Leather and Belt Manufacturers' As
?ociation iittendci the regular monthly
meeting and luncheon ?,f this organ?
ization at the Hotel Pennsylvania yes- ;
terday, Discussions at the meeting
were held to be of a "personal nature
' and not to be disclosed to the public." ?
Big Easter Sales in
City's Retail Stores
Inclement Weather Keeps Some
Customers Away, hut Deal?
ers Are Satisfied
Bip sales of Faster finery, despite
the inclement weather, are reported by
the department stores and shopa of
the Fifth Avenue section. More sun?
shine of late would have helped busi?
ness, it is admitted, but dealers are
well satisfied with trade as it is.
"Weather such as this would have
been ruinous last year," said R. B.
Beck, merchandise manager for Lord
& Taylor. "This year, however, it
has not harmed us to any great ex?
tent. The total sales every day this
week have been much larger than they
were a year ago. While our customers
may have been fewer, they have bought
higher priced merchandise und better
merchandise than last year. Fach in?
dividual customer spends inore. The
rain has kept much of our suburban
trade away, but this will pick up the
latter part of the week if we have
better weather. Our entire pre-Easter
season lias been most satisfactory, as
women this year did not nut off their
buying until the last week. Wo no?
ticed the acceleration in business as
early as February this year, even
though Faster is later than it was last
year."
"The worst effect the bad weather
has had," said the manager of the
millinery department of another large
department store, "is in retarding the
sales of children's hats. This is vaca?
tion week for most of tho school chil?
dren, and the mothers usually bring
them in now to purchase their Easter
hats. If the weather clears we will
mako up what we have lost the fore
part of the week."
Colors
Textile Interests Reported
Awaiting imports of
German Dyes
Textile manufacturers are reported
to be awaiting the German dyes which,
It is expected, will be shipped hero in
the near future in payment for food?
stuffs. Their readiness to take the for?
eign product is exerting a depressing
influence upon the dyestuffs market.
find dealers say they are receiving only
small orders. Among the coloring ma?
terials which Germany i3 likely to
'onil here are rhodamine and pntent
blue, both of which aro much wanted
by American consumers.
Dye makers in Europe are buying in
lermediates in the American market,
laranitraniline, beta naphthol and
laphthaline acids, used in tho manu?
facture of colors.
The domestic demand yesterday was
:onfined to small orders for acid blacks
ind other acid dyes, while there also
vero pomo limited orders for nigro
sines.
British Import License for
Dyestuffs Now in Effect
PyestufTs exported to England from
lie United States, France or Switzer
and are now subject to an import li
"ense, the general license granted on
February 27 to permit such importa
ions having heen revoked on April 11.
tccording to a cablegram from Robert
P. Skinner, American Consul General
it London.
A!! consignments en route from the
jlace of origin to the united Kingdom
m a through bill of lading on April
) will be admitted without special l??
jense, but in all other cases a special
permit from the trade and licensing
?ubcommittee is required prior to the
purchase in tho United States or any
nther country of dyestuffs or other
products covered by the proclamation
of February 27.
Metals
'Dullest Week" in Steel
Trade Is Reported: Chi?
cago Makes Rails
Starnation in the iron and steel in?
dustry has spread rapidly as a result
of the refusal of the railroad admin?
istration to accept the price schedule
approved by the industrial board of
the Department of Commerce. This
week's issue of "The Iron Trade Re?
view" states that it is questionable
whether steel output is now much over
50 per cent of capacity, and reports
qualified observers as describing the
last week as the dullest they have ever
wit nessed.
"The Iron Ai^e," commenting on the
gradually declining scale of operations,
says that t'n.? Steel Corporation's plants
in the Chicago district are working at
71 per cen? of capacity, against 80 per
(?en; a week ago. Opi rations of inde?
pendent plants are said to be running
at only 45 to 50 per cent of capac ty
The higher operating percentage in tlio
Chicago district is attributed to work
on rail orders which had been sel asido
by war work. "The Iron Age" adds:'
"While they wait for a final decision
of t! > question whether the govern?
ment will help (,r hinder the offorl to
encourage buying of iron and steel,
producers are doing little new busi
' ' '?' d ore showing no great concern
aboul Ce course of prices. Tho wide?
spread propaganda of the Department
of Labor ami in many lines ?.f trade
and industry in behalf of wa-.ro and
pri?e maintenance has even robbed an
open market of some of its oldtimo
terror"."
Despite the slowing up in business
no trouble has yet been note?] at the
steel plants, the problem of employers
being to rotate the periods of unem?
ployment.
Trade Notes
A quantity of manufactured furs as
well as raw skins will be offered at
auction to-morrow by the American
Fur Auction Halen Corporation, begin?
ning at l'i a. in. The manufactured
furs are the entire output of a man?
ufacturer who is discontinuing busi?
ness. The offering of raw skins in?
cludes muskrat, skunk, raccoon and
mink. Dressed nutria, squirrel, mink
and dyed and natural fox also will bo
olfered. The sale is a special on?? ami
wan prompted by the large offering?;
which the company has received with?
in the last few days and the quantity
of skins left unsold at the last sale
because of lack of time.
On Monday M. C. I). Horden & Son
will open their lines of shirtings for
tho spring of 1920, the fabrics to be
offered to the trade being percales,
madrases and mercerized pongees.
J. 0. I.all has resigned his position
as advertising manager for Sidney
Blumenthal & Co., manufacturers of
velvets arid pile fabrics, and in now ad
vortising manager for tho Do Laval
Separator Company, tho largest makers
of cream and other commercial sep?
arator! in this coutitryt
Something New in Millinery;
Summer Hats for Summer
Leaders in the Trade Are Behind Movement to Stop
Practice of "Rushing the Season" by Early Dis?
play of Fall Models by Retail Dealers
IM YE millinery seasons instead of
four are proposed by leaders in tho
industry. The idea of injecting a real
summer season between spring and
fall has been taken up by the trade
with so much enthusiasm that its spon?
sors believe it. will be successful be?
yond their first expectations.
For the retail store buyer this new
season begins next Monday, and al?
ready buyers from all par's of tho
country even from tho Pacific Coast.?
are in New York awaiting the showing
of hats designed especially for this
new season. The bats will be sold to
the women of tho country during June,
July and August.,
Heretofore, according to B. J. Gar
funkel, of tho Voguo Hat Company,
originator of the movement to establish
a real summer hat season, there Inn
been a hiatus in wholesale selling dur?
ing tiie period immediately following
Easter and in the retail selling during
the early summer. The new season
was originated especially to stimulate
trade all along the line during these
normally dull limes.
"The millinery trade has been en?
joying a remarkably busy spring sea?
son this year," said Mr. Garfunkoi
yesterday. "Business among the whole?
salers during January and February
this year was away ahead of last year's
business, and late orders have been
coming in steadily. Here we were do?
ing the business of our lives, with the
normal slump which follows Easter
hanging over us. In plain words il
would nave been a shame to spoil this
business. Accordingly, I gathered a
few of the men in the trade together
nnd put the proposition of inaugurat?
ing a summer season up to them. It.
was purely a whole trade affair. No
single association or other trade body
handled the movement. We made it as
broad as we could, and ? think the co?
operation we hf.ve received from all di?
visions and a'l members of the trade
has brought the millinery industry of
the country closer together than ever
before.
"Aside from the fact that the move?
ment was particularly timely this year,
it is founded on cold logic and will
become a permanent institution. Over
production in tho millinery business
long ago caused a 'rushing of the sea?
sons.' Fall hats wero brought out in
midsummer, and, of course, these hats
had to be made up shortly after Easter.
Competition among retailers to show
the first fall hats kept advancing the
season each year. There, was no logi?
cal reason for it. On the other hand
there is a logical reason for showing
spring hats early. People going to
Palm Beach want something to wear in
the mild climate there in January and
February. These hats are purchased
by the retailers in November and De?
cember. Then the regular spring sea?
son begins in March and runs through
April or up until Easter. By Easter
most, women have purchased their
spring hats, and normally they wear
these until it, is time to buy their fall
hats, which are retailed during July,
August, September and October. The
fall hat buying season for tho retailer
runs all through July and August.
Midwinter hats are sold to the retail?
ers during October, and to the ulti?
mate consumer in November and De?
cember.
"Now what we propose to do is to
inject a summer season in between the
spring and fall seasons. It wouldn't do
merely to prolong the spring season,
of course, so we wholesalers and man?
ufacturera are offering distinctly sum?
mer hats to the trade for this new sea?
son. The hats nre made of light sum?
mer materials, in the pastel shades for
the most part, which nre distinctly
summery and cool looking. Horsehair,
leghorn and Milan straw, alono or in
combination with fine cottons, such as
organdie and dotted Swiss, and light
silks, such as chiffon, Georgette crepe
and taffeta, are the foundations for
these hats. Summer flowers form most
of the trimmings.
"Tho retailers have hailed the idea
with enthusiasm, for it. means more
husiness for them. With a few stores
in almost every town in the country
showing these new summer styles, the
season is sure to be a success. Window
displays and local advertising will aid
the retailers to inaugurate the season
in their home towns."
Simultaneously with the opening of
the summer wholesale season in New
York, similar openings will be held in
St. I,ouis and Chicago through the co?
operation of wholesalers in those
centres.
The feature of the commercial paper
market continues to be tho surprising
scnrcity of new names. Business is
paying off notes and not. renewing
them. It is generally expected among
paper brokers that the market will re?
main like this throughout the Victory
Loan campaign. Business firms and
banks hesitate to go ahead with any
new activities until the campaign is
over. While the definitive treaty of
peace, the backwardness of which is
supposed to have been responsible for
so much of the business inactivity and
lack of borrowing, seems now certain
within a few weeks, it is not believed
thai the effects of the settlement will
begin to show in the paper market until
several weeks, or perhaps months, after
it is made.
Ii;- present scantiness of paper is
hell io be the chief factor in the in?
creasing ease of rales. Tiie market ?a
now generally quoted at .". % ..? ."> % per
cent. One house yesterday reported
a sale of paper, four month??' maturity,
at i. per cent, in New York. This,
however, gives no indication of the
market. The number of names offered
at ?"> ' i per cent has increased until
they now cover almost half of tho
brokers' list. Some broken assert that
the actual quantity they sell at 5!4 is
larger than that at ?>%.
The buying still comes mainly from
out of town; there was a fair demand
from New England banks yesterday.
Some New York banks that have been
regularly in the market refuse to lend
at, less than 5Vs per cent. In general,
it may be said that most, prime short
term papei- now commands 614 per
cent; that for the longer maturities is
at 5',-a.
Tho bank acceptance market shows
little change. A little better demand
has been ill evidence than last week.
Dealers see something to hopo for in
the easing of call money rates, winch
closed yesterdny at ;">% per cent. The
greatest, complaint is in the difficulty
of getting bills to sell. The initial
instalment of bills for the $50,000.1)00
Belgian credit, which has been expect?
ed every other week for nearly the last
two months, is now generally looked
for in the latter part of this week.
There is a good deal of mystery as
to what has caused the delay.
Fifteen to sixty day prime trade ac?
ceptances were quoted at ? (n 6% per
cent; sixty to ninety days, 5 'n 6 %
per cent; indorsed trade acceptances,
4Vz per cent, all maturities.
Chemicals
Larger Orders for Chem?
icals Cause More Opti?
mism Among Dealers
Increasing inquiries for some of
tho heavy industrial chemicals was
reported yesterday and dealers mani?
fested greater optimism over the
business outlook.
Caustic soda and soda ash, it was
declared, are getting down to prices
consumers nre more willing to pay.
The market Is gradually being freed
from largo accumulations and for?
ward buying is looked for in the
near future. The settlement of labor
troubles among the New England
textile miils is expected to give: im?
petus to the demand.
Concerning shipments of alkalis,
such as caustic soda, to foreign
countries, a prominent exporter said
that the outlook so far as the Allied
natioir; was concerned is not promis?
ing. France, it is said, has a two
years' supply of caustic soda on hand
and is trying to liquidate with the
least possible loss.
Basic Commodities
April 16, 1919
(Note- In those case? where no transaction? were reported the "bid"
prices are Riven.) Iq
METALS
Week Year
Wedncsd'y. Thursd'y. ago ?,,.-?
Pig Iron, Fdy No. 2 x, per ton (Pittsb'rgh) $28.15 $28.15 '$36 15 S"M?'?h
Lead, per lb.05 .05 \Q5 q7
Copper, per lb.101-, -1,51:, A&A i?
Spelter, per lb.06.43 .06.45 .06 60 161/
Antimony, per lb.06^ .06^ Q63. \r z
Tin. per lb.72/2 .72' ? 72> I '9V
PRECIOUS METALS ' ''4
Platinum, per oz.$100.00 $100.00 $10000 $10800
Silver, per 07.. ^QV/? LOI-/3 LOF-i '87i/,
CHEMICALS '
$25.00
Sulphuric arid. 20 deg. oleum, per ton. .. $25.00 $25.00 $25.00
Sulphuric acid. 66 deg., per ton. 16.50 16.50 ^?6 50
Nitric acid, per lb. .08 08 OS v
Caustic ?soda. 76%, per 100 lb?. 2 75 2 75 075 tESfn?
Soda ash, 58% light (bbls.). per 100 lbs. 1.60 1.6O ?75 290
Phenol, U. S. P., (carloads), per lb. .08 .08 08 ?SO
Clycerlne, dynamite, per lb.I). ??51., j4_ w,, }4_ ..,. -?
Glycerine, crude, per lb.09'/2 " .09i/2 '"'.09'/- _
Glycerine, c. p. (in drums). .16 -jg 'ir *
Alcohol (denat.), per gal.-46- .48 .45- .48 45- 4* 71
Alcohol (non.-bev.), per gal. 4.9O 490 49g ' .'?,!
Nitrate of soda. 96%. per 100 lbs. 4.07/2 A.07'/a 4.07?/a 4.35
COTTON
Middling upland, per lb. 28.30 28.05 28.65 31 50
SILKS
Japan filature. No. 1, Shlnnhiu, per lb... 6.60 6.60 6 50 roc
China-steam filature, best. No. 1, per lb. 7.00 7 00 7 00 -"in
Canton filature, Ex. Ex. A, per lb. 5.40 5.40 5.35 5*55
HIDES AND LEATHER
Hides, rlly ?laughter, spread, per lb_ .32 .32 30 n,-\ ?
Hides, city, nat. ?tra., sel., 60 or over, lb. 27' 2 .27! ? 271 ' or 2
Calfskins, city, 9 to 12 lbs., per skin.... 675 6*75 "' fi^ ror
Leather, hemlock sole: 0''5 535
OvcrwrijrhtH, No. 1, per lb.48 48 4? .
Middleweight?, No. 1, per lb.46 .46 '4g '^
RUBBER
Para, up-river, fine, per lb. 551 / 551 ; ?r
Para, up-river, course, per lh. '0/ \/z ',,; 2 *], .
Plan., 1st latex, pale crepe, per Ib.. ..... "50 '49 4e 'fiT *
Plan., brown, crepe, thin, clean, per lb... 46 46 46 rr!
Pian., ribbed ?moUed ?sheet*. pcr lb.49 .48 .49 .60
Germans Repose
Faith in Diamonds
Rather Than Marks
Amsterdam Brokers Too
Busy With Customers East
of Rhine to Deal With
American Buyers
With Amsterdam diamond cutters
keenly competing with each other for
rough stones and the Germans buying
immense quantities of polished stone3
at almost any price asked there is lit?
tle hope of the shortage of these gems
in this country being relieved for some
time, in tho opinion of Joseph. L. Her
7.og, a ring.manufacturer, who just re?
turned from a six weeks' buying trip
to London and Amsterdam.
"Diamond prices arc still going up
and they will not st..p soaring in the
near future." said Mr. Herzog yester?
day. "From early in February until
the first of April they advanced about
25 per cent, and to-day I received a
cable advising me that a further in?
crease of 8 per cent had been, made
since I li ft Amsterdam. That means
that in three months diamonds have
advanced over 30 per cent.
"There are three factors that have
brought this about. The first is that
an epidemic of influe:./a has greatlv
reduced the working force at the Afri?
can mines. The second is the competi?
tion among the diamond cutters of Am?
sterdam to get rough stones so that
their working organizations may be
kept intact, and the third factor is " e
heavy purchases of diamonds made by
Germans. There are certain classes of
Germans who at this time are desirous
of converting their marks into more
tangible assets. These people always
have had a great faith in the future
value of diamonds and they are now
buying all they can get.
"In normal times there were from
thirty to forty brokers at the Amer?
ican buyers' offices in Amsterdam who
were always anxious to take car.? of
the requirements of buyers from this
country. Now these brokers are so
busy with their German customers that
there are only two or three who pay
any attention to Americans. There is
nothing fictitious about the present
price of diamonds. The supply is short
and the demand is heavy. Also I don't
believe that production will ever reach
the stage that it was at when the war
broke out."
Jewelry
Retail Sales of Jewelry
S hoir !So Perceptible
Falling Off
Reports from all sections of the
country indicate that there has been
no reduction in the volume of jewelry
sales. It was, exported that Easter
week would mark a falling off in the
demand, but instead retailers .-till are
disposing of their stocks as fast, as
they can obtain them. Despite the
high cost of living retailers report that,
the public is spending money as freely
as ever for jewelry.
In some quarters in the trade the
heavy purchases at this time are be?
ginning to be looked upon with misgiv?
ing, ('eitaiu manufacturers contend
that there must be a decline in the
buying, and that if the reaction is as
sharp as the expansion has been it will
cause trouble in some sections of the
in dust ry.
Textiles
Unbleached Cotton Goods
Buying Heavy at Ad?
vancing Prices
Bleachers, printers and converters
bought liberal quantities of gray or un?
bleached goods yesterday on a rising
market. Demand for colored goods
showed further expansion, but some of
the mill agents stated that buying of
bleached fabrics had decreased after
a week of brisk activity. Converters
who buy tiie gray good-; and have them
finished for use by various trades re?
ported that they had' received excep?
tionally good orders from manufactur?
ers of trunks and traveling bacs as
well as bookbinders.
Sentiment among the null agents
favored higher prices, and an extension
of the buying movement ?:: a large
way to the more finished products, but
some of the more conservative inter?
ests declared they would prefer a
steady market rather than a sudden
sharp rise in prices.
Buyers were inquiring for ginghams
for fail delivery, but a number of the
leading Mastern manufacturers stated
they were not ready to receive oi?
dor:, for goods of that class. Supplies
of pillow tubings, and denims, the hit
1er being used for overalls, were said
to be light, following recent heavy
sale?:.
Th.? upturn in prices for gray or un?
bleached goods brought th.e construc?
tion known as il-l iliu to 11 hi cents a
yard, this being- the mill agents' quo?
tation. It was admitted that some so
called "second hands" had mad.? small
sale-; on the basis of 11 cents a yard,.
Th.- e.mst ruction designated OS-7% was
quoted at, 1"% to \2% cents a yard, and
80-SOs were held at lC'/? to 17 cents
a y a ril.
Rubber
Styles i ft Bathing Caps
This Season Will
Be Fete
Jobbers of rubber drug sundries, in?
cluding atomizers, hot water bags and
ice bags, are said to be pretty well
cleared out. of stocks, but they are
buying cautiously in anticipation of
lower prices. It is said that thero prob?
ably will be slight reductions in prices
by some companies, but that no drastic
cut will be made. Manufacturers are
looking for a big demand when jol bers
come into the market for fall stocks.
This buying season is expected to start
early in June.
As far as Die retail situation is con?
cerned manufactur?is declare thai the
drug Btorcs and specialty shop-' han
d?ng their lino of goods are carrying
sufficient stocks to mee; normal re?
quirements during the coming summer.
Few retailers keep large stocks of rub?
ber goods on their shelves during the
hot weather months.
Rubber bathing caps are an excep?
tion to this policy and now the re?
tailers are about to lay in their sea?
son's supply of these goods. It is said
by manufacturers tint because of the
policy adopted during tiie war, when
tho plain diving cap was the only style
tin' government would permit rubber
goods concerns to make, there is not
likely to be tin? largo assortment of
designs on the tomrket this tteason.
Silks
Silk Mills Going Into Fall
Buying Season in Con
fident Mood
Trade in manufactured silks yester?
day was c-.i'j.d somewhat by wet
weather and the observance of the
second day of tho Jewish Passover.
But a number of the selling agents
reported that they had received fair
orders by telegraph and through the
ails for good: Ciar were wanted ?m
me liately. A fair number of buyers
??ve:e entertained by son'..? of tho lead?
ing merchants who have their all
samples ready for inspection, and it
was reported that the visitors, most
of whom hailed from th? Middle West
..: : the Pacific Coast, placed moderate
oivi^rs for goods to he made up in the
next few weeks. Heavy rat ins seemed
to attract buyers' attention. As the
market for raw silk is firm and tends
to advance, manufacturer-- or' the fin?
ished products insits that prices for
their products must go up. The situ?
ation regarding stocks of string weaves
was san! t.. fe favorable, the outputs
of the mills having been fully sold
during the best buying season the
trade has enjoye?!, and the manufact?
urers face th?> new season with a high
degree of confidence. Some of the
manufacturers are said to have a good
percentage of their fall production
already under contract.
Raw Silks Hold Firm
Buying of Japanese raw silk, though
quite good yesterday, was not so active
as on the preceding day. The absence
.'.' stocks in this country and lack of
cable advices from Japan restricted
operations. Prices remained firm ana
some of the importers intimated that
higher levels were likely, because
American manufacturers must have
raw silk to take care of their expand?
ing trade.
Summer Hat Trimmings
Long grasses mixed with field flowers
and long flower stems are among the
new millinery trimminprs in vogue.
The turban shapes in horsehair also
are said to be among the fashion lead?
ers for spring. Ostrich feathers in
almost every form are used as trim?
mings on all kinds of hats now.
Higher Prices Likely
For Low-Grade W?oIg
Weaving Mills Have Large Or.
ders and Small Supplies
of Raw Goods
BOSTON, April 16. Lo,?rade,7
which have been in poor demand for
some time are expected to rise ?
price soon as a result of the pre!??
scarcity and high prices of fine woo]"
The weaving mills are said to be in the
p? jition of having large orders f0t
! cloth on hand and small supplies of
1 raw materials from which to malt
fabrics, and it is believed they vri\\ D
forced to use lower grade wools in the
near future.
Some? of the larger raw woo! dealer.?
it is understood, already have bought
? - derable quantities of the low?
and medium grade wools at the auc
tions of gov? r- |s al - '
on)y. slightly .. government
minimums, and ara holding these on
?: iiatn n, antic ? ating a boom in t?
near future.
Because of the si ; ' >r number of
P being ? :it present
?her" is a scarcity of pu! id wool,which
is removed from I.eep before it i?
killed. A local pulled wool dealer who
expected to receive certain amounts
. from the pu ?1er; es was informed to?
day that the ?e am iui ts would be
reduced considerably.
The South African wool market;-.
rep irted to be strong, and scoun '
wools are q lote I al :ents to Jl'o
landed in this country. South Africa??
wools generally haw advanced sharp'v
in price.
Wool combers who separate the top-.
, or long fibres, from the short fibres
! or noils, are busy, and their books co>?
! tain orders for tops to be delivered
| through June. July and August. Those
mills which do not have their own
combing plants are sending in large
orders to the combers.
Fine tops are selling at $2.10 to
$2.15 a pound, half blood tops nt $2.05
to 52.10, high three-eighths bloods at
$1.66 to $1.70, low three-eighths blood
at $1.47) to $1.50, and high quart?!
bloods at $1.30 to $1.35
f Buyers Arrived
Buyers are invited to register Jn this column by telephoning Beckman
8243 between 10 a. nu and 10 p. m.
Women's Wear and Millinery
BALTIMORE Goodman, Wallach * Hei?
ner: AS'. F. Helber, miiliner- . Ht raid
S |uare.
!i 'ST. i.v, \V. Fllene's Sons Co.: Mrs. F_ ?
?\. Barrett, machine mado ore.--?" ?. 11C
West Thirty-second Street.
HI-FI--.\ . i ' l. L. Berger's Specialty Cloak
and Suit House: Miss R. Van de Water,
party frocks and dinner gowns; 15 East
Twpntv-sixth Street, room 61.1.
CLEVELAND- Field's; Mr. Field, worn
en' s wea r; G rand.
CLEVELAND?A. Pollack, women's wear ;
< 'umbi rli :. I.
CLEVELAND Ames Co.; Miss E. E. I
Gibson, n llinery, accessories and un
trimmed hats; 120 West Thirty-second
St : ?:. room 1110.
DES MOINES, Iowa- Lederer, Strauss:
f.- Co.; S. M. Schloss. untrlmmed hats and.
read} to vveai 62] ?i oadwa?, .
KX? IXVII LE. Tenn. Danid Brlscoe Co. ;
Mr. Dosser, notions and ready to wear; 72
',..:. . : :??-?? . ro m 411.
LANCASTER, Penn -M Frank Com- I
pany; M. Frank, women's furnishings;
: '? van!a.
Mi iNTREAL ? Sin on's, Limited; Mr. I
S; ion, women's h ea r; Herald S luare,
PH1LA1 lELPHl \ Straw bridge & Clo- '
thb r; Miss O'Di nnell ... I ? s' di ??? s; Syn
di. ? ? Tr iding i.'o. ; : I Fifth A '. enue
PHILADELPHIA Little French Shop.
Mi ? . So l inery and costumes; 220
Fifi Ii A '.'? nue, ro in 01 4.
PHILADELPHIA X. Snellenburg &
Usa C, '? iwenstcin, mlsses' and chll -
Iren's ;-? .i iy t i wear; 12C1 Broadway, 11th
PITTSBURGH P. isenbaum Co. : i. A
Uehr, m rchandi.se manager for women's
suits, coats, skirts, dresses, waists ki- I
pi ttic ..it s, ba ( hrobes and cl
dren i garments; 116 West Thirty-second
14th flooi.
PORTLAND. Me Eastman Bros. .r.- .
Bancroft; Miss I Jardine, dresses; 12T0;
. :? . !wa '? , room 61 4.
SA.N FRANCISCO PragerCo.;S Herscb,
nil nery ; II ' Broadway.
SCHEXEf'TADY, X Y. -IV. Kraus ready
?. . wear an : milltn >rj . Wa Hick.
S( -I'TH BEND, Ind ! ?. Flschgrund, !
w ... ? n's weai , Pennsylvania.
ST. LOUIS Kline's; I Sorger, suits and j
coats; i" ' Fourl Ii Avenue, llih Ro. r.
1 . HINGST? iWN, i >hio ?- Strous Hi rsh
berg Companj . K. ,1 Beacon, lade's' ?,-.ir
ments; James 'r. Leonard Coi panv, 141
? A\ nue.
"Men's Wear
BALTIMORE A. A Brager; E s
Michaels men's furnishing goods, hosiery,
'; I . I... -, V .
BOSTON .'. F Hovey .<:- Co v. C.
liii men's furnishing goods and cus
tiirts; 243 Church Sti
ON C II lie lei . men's nr.d be-, s'
,.-... ? . - 1111 ? 11
BItl ST< ?1 . Tenn Hedrlck Bros Co.; ?'
!.. Iledrl k, clothing and men's furnishing '
,; . ... ? i ? nils} Ivania.
CHICAGO Weiss & Benjamin; S. H.
Weiss; A. Berkovlt?, clothing; Broadway
,.-'< iX\ l l.l.i: Fl? Harvey's; T. .
i's fui nlshlngs . York
; w 'ASTER Groff & W olf Co ; B. B.
Well ? tot Uli I'cnnsj Ivanl <
I.AXCASTEH Donovan Co.; H. ?;
Frank, clothli 120 V est Thlrty-s? ;
S.t. I ill 14 19.
MIXNEAPOL1S Dayton Co.; Mr.
Grimes, men's furnishings; Asso. Mdag.
Corp., : '?' ? Fifth A vi nue,
OMAHA, Neb .!. Goldsmith, men's
w . Ci-mi iodine.
OMAHA Byrne ?- Hammer D O. Co.;
.1 F. Byrne, furnishing goods, !...s'.?rv and
undi - ?'. cai I Li onai d SI : eet.
HEADING. Penn Lelnbuch & Bro. ; Mr.
1.. Inbach, clol tiing, eti Voi k
Pieee Good?
BALTIMORE Ii. Frank Company; H.
Frai drygoods; PennsyIvania.
BALTIMORE?Goldenberg Company; D.
R si r. berg. silks; Alcazar.
BALTIMORE Columbia Skirt Co.; B.
.'?-.: ? . mfrs. skirts and suits; Penn
?
CLEVELAND ? Tho Calder-Holsteln
; my: H. Calder nnd S. Holstein, man
ufa turei- shirts; Holland.
COLUMBIA, S. C H. Allen, drygoods;
La t h a
CONCORD, N C- Park-Beld Company;
I. Park drygoods. etc.; Pennsylvania
GRAND RAPIDS, Mich.?H. Goodman.
?i-yg .Is; Breslln.
GREEXV1LLE, S. C-J. Kirkpatrlck. ;
.1 rj K.is; I 'ennsy t\ ar.ia.
IXDIANAI'OLIS- Haven & Qeddi-s Co.;
Mi Gotbol, dress goods, silk; 72 Leonard
:?? ? ?. inn il 1.
KNOXVILLE. Tenn? D. T?te, plec? ?
50. cl i; Rreslin.
LOWELL. Mass.?A. G. Pollard Co.; J.
E, MeKf-on, linen?, sheets und flannels,
Bristol.
PHILADELPHIA Haney, Kuttner *
Ruab: C. Raab, ?nfrs. tailored waists: 1270
Broadwav.
PHILADELPHIA?C. 8. Tanguay A Co.;
i' S. Tanguay, infra, women's cluaks and
suits; Gi i ?
PHILADELPHIA?B. Goldberg, manu?
facturers eloth'-s, lints, ear--. Marlborough.
PITTSBI UGH W. Taylor Company; W. I
ray lor, piece goods; Pennsylvania
I I i . I II I'.Ull llandcliiian .?.- Segal] ; L. :
mfrs pants; Pi nnsyl\ anla.
ROCHESTER, N. V M. Xusbaum &
N .- bourn, silks, lin.-ns. cotton , i
.;.... ('..nun. iu?l
ROCHESTER, X. T M. Epstein Com I
pany; At Epstein, drvgoods; Colllngwood
SPRING!' I ELI ' Mass Id et .-?? Rou
in. ; .!. II. Rountrle, domestics; .'2 Leon
III.! Stre. :, room 4M. ?
SPRINGFIELD, Mass K.et A- Itoun
til . I.. . Poacher, dress goods mid atlks;
:.' I. nnard Street, room 411. I
TROY, N'. V Troj Underwear ?'.? ; F
'?...iiiia:.. cotton pieoe go..?Is. 328 Broad
WASH1NGTON, P. C.?H. Orunebaum,
IryR.Is; \\ alllck
WEBSTER Mass.- Merrltt Woolen Com [
aims. Mr. Merrltt. piece good?; Herald (
iqUHio Hotel.
y.AXHS\ 11 i.e. Ohio?Black ?ft Orant i
?o , \v V. II. Black, tollrtt good? and
?Otton pli-co good?. 317 Broadway, room J
?01.
Notions, Toilet Goods, Drugs
ZANESVILLE, 0
W. V. H Black, toll? t
piece goods . i ? , room 701
Leather & Fancy Goods, Jewelry
WASHINGTON', D. C. ? La-neburgh '?.
Bros . Mrs. E W Austin, :??
'-'.?-' and toll ?? .: 6 '?' si Tl rty-so -
ond Street.
House Furnishings, Furniture,
Floor Coverings, Drapery
PHILADELPHIA ? ,1 Robl i r-hln?
and ? lass? .- . Broadwa and' Te:.-'
Streets Grand.
PR? iVIDENCE?The y' --? ird Co.; C. H
Baxter to? s, !i use f .- .,:? ?? ?
haul ?van 20 Flftl
\\" \I.T< in, NY A .' ?; n es furni?
ture Hera Id Squ i ?
Shoes
BALTl Mi ?RE Ho s I. Kohn * Co .
N. Schentha), shoes; 220 Fifth Avenui
? 111.
II- lU.STi >N?Le\ y Bros I" Go? '<
E. H. Volght, shoes; : 7.0 Br adwav, '8th
- .
(General Merchandise
ALBEMARLE, N i Belk, genera
:.i. r. h indi se F'?-ni .viva n!a
AKRON. Ohl ; B. A. Pol
sk ? ?::?.. B Is. notions \ : suit.
HI Madls
BOS' Marsh Co. ; J r :!
rejir. -::':: r : . . >j Bl ?t?
? '. N r? ?N N\ C K '?'. ? gei ??-a: mer?
chandise; Be n i - '. I van a
CLEVELAND, O - MlaaJ
J. Kel merchni ?
? .: . '
GREEN\ 1LLE, Miss Lev!, general
r:.. ?'.:'' Pom
H- il\ST? i.N. T? \ A Nelma g?*nen
men hand is? Conn
lv IN i .ST' i.N N j Br ?
J. Oppenheiiner, dry . -'
fancy roo i ire.
\'EY\ MA v'EN Conn
?I t Fourth \ ?.???. ;?-.??
Nr? iRWH 'H. Conn Port.
?. - ?.
; ' .
' ?N E? i.NTA, V V B F Plason I- (Jo
B l-\ Slss : dry goo la ai 1 cl aks Pr-??
?
1'IIIL \ DELPHI \ T?. ? its, I.'*'
..?? i
PUJL \l 'l-.'l.rii l \ Pi rawbrl -?- .1 ? '
' .
TrailliiK i'..., ?
rsRCRGn H*??,
i
ST. LOl'Ii -. . ' mer
hand ' ?
LOB I
Dry G '"'.s' '
.:.'? Fifth v- . um
W? iRi-ESTKK, M ' erer C?
? ' \ ;..;.' ?. I
. 11 ?I boy i
; . ? \\ ? -? -"' '
'
?. ORK, P. nn Charl '? <"<>.; '
n M ior, .h n go. da t I
? ?: ' . '
VOl NGST? W N
II. G ........ ?I g id?
141 Madison A
Miscellaneous
Square. ,
JEANNETTE, Penn Tr! ble ?t F?r ?
!' I .. . ??:? ?.- lea '
KENESAXV, N.-i. W W Maltman C>:
Mr. Malt man, i
K : N'GST? i.V, N*. V - ? ' 1 * ' ,
A. ?C Hart, silverware, Jew ' :,f *
and i ? \\ .. _
LIBERTY, N. T.
'.\ m . -?? agona nn 1
MONROE N ?? XV. M Belk ?fc Br0 :
.1 M. B? Ik. gen -. ; d. i '?- Btore
merchandise . Pennsj ? n n ... _
OMAHA Neb l-\ : ne & Hammer v "
Co .1 F H? ? ne, i larwear,
?lo? es ?13 Leonard Streel i om ?'?"?
PU! L VPELPH I A M '" era - ?'?? ?
Myers, meat; Pennsyh ,
H.? r? e) . mfra lew elry ; '?'? - , r.
READING, Fenn F .'.... ?.- Hone ?-?'
F. ?;.???'.-. tannera; Pennsylvania ,.??..,
lt. ICHESTER. N ? ? Gi ?-<"?ou?"
ren? i .?. line . l li --slln. . .,...
SPRINGFIELD, Mana Keet * K?11-.,
;rle; Cnn pbell, underwear, hosiery. -
? ? ! s,. ? ..-i . room 411. .. .,,.-,
I ti,'A N Y Boas, llegan Knlttin?
.. ''H '?s. ki u ?..la; l itham.
roUiN'USTOWN, Ohio StrouM-He-ran <
,..,K- Cou pan) Misa A Shannon, t'??
??ear; Jame? T. Leonard ? ??? ."'?? H'
?ladlson Avanue.
Offerings to Buyers
^r^\%:^*;ff::,"v,;vr.:T^??
? i I ,,M Mil ?I MadUon ?Soum? '? '
IUOK8 -HoiTe?! W?wrn. made, tn 1?^?*??^bU???
and turlrii? ror ?port ?KH-V Verier?.
irnnie ?t. lMlon? Sl'9 Worth. _..-??^
iQlMAKS. ????>l ??lour, lined. tiS f0-.A?'%^^
?>au ?id ?ulta lUnaberg. ?1 Weft ?S?* m