New-York tribune. [volume], June 07, 1919, Page 18, Image 18

About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

Image provided by: Library of Congress, Washington, DC

                
BUSINESS NEWS BUREAU?
Tribune Building
154 Nassau Street
The Tribune's Page of Business News
TELEPHONES:
Beekman 8243
Beekman 3000
Fixed Sugar Price
For Another Year
Urged by Plantei
Dr- Ferrara, Member o
Cuban Chamber of Depi:
ties. Says Regulation I
Needed to Curb Marke
Pr Orestes Ferrara, member of tr
Cubr.n Chamber of Deputies and
producer of sugar, yesterda
d that the plan of stabilizing tV
price of sugar adopted during the W?
he continued for another year at leas
"A crucial question that awaits d4
... or ; tne price at which sugar wi
sell during 'he next year. In the las
two years of the war we had a fixe
pr ce and a single purchaser. Whs
about next year? Will the principl
? ?' price fixing last or will there b
free compensation? Although per
n producer, I am in favor o
ling a fixed orice, because other
? -. speculation in sugar will b
. ipboards of the world ar
. ?'-,.?? ..;!:-. and Cuba, which be
re the war produced one-seventh o
- world's output, will supply nearl
.-.-, third '?" all that is produced i
he coming season, If the market i
ree, when this sugar is resdy, th
- .. ?".?? . s in price will be enormous
varying wildly from five t
., |ve Conts a pound. The price could
-:i the oiher hand, he stabilized, vit!
? ies> to nl concerned, at sever
cents :i pound."
American Capital in Cuba
Dr Parrara, whose New York offu
? : Wail Stre< t, was president o
?.'??? of Deputies for ritch
? resti 1 in five Cuban suga
... profi ..-''?- of public low at thi
vai i national University, and sise
? editor and publisher.
ng of the opportunity fo?
in Cuba, he said: "Amcri
;apital invested in Cuba under thi
? guarantees could secure per
ar.ently an annual return of 10 pe:
'?:? - leal way for an Americar
to enter Cuban enterprises is it
hip with natives, who can bt
>n the ground to safeguard the in
t.nents. The Electric Light ant
? ? Company, in Havana, and th<
Telephone Company are run or
I??: ? :.; with conspicuous success.
"T? investment of American capl
Cuba is already extremely ex
1 :' there still is a larger field
New industries, new railroads
purchase of Cuban bonds anc
? ? from Europeans who desire t<
?; re among the opportunities
Rig Trade With Cuba
trade of the United States
' ' a is greater than with anj
mtry south of the States it
extern hemisphere. In pre-wai
? the United States bought 80 pe?
it of Cuba's exports, but shippec
''??? land less than 50 per cent oi
- .? merchandise it bought. During th?
the United States practically had
' iba's trade, hut now the com
of other rations may he ex
I again. My advice to Americar
porters who are to participate ir
? struggle is to organise export com
nies un 1er th- terms of the Webl
? to study the need?, resources and
logy of their foreign customers
"'??-? and potential. In the past, we
. I the American firm3 unorganized
->r fori ign business, expecting the
?? to come to them, only in rare
^stances sending competent salesmen
broad. 1 think America ought to be
to retain 80 per cent of Cuba's
':'r .' 1 'ns= permanently."
Furs
irge Quantities of Furs
Being Shipped to
English Markets
and to-day is one of the best
. . ts for American furs and lecal
are sending over large ship
ior immediate sale. One $2?-0,
meni was -?arted to England
' " laj ? ago and other large con?
's are stored in New York
? | ?ng srnce, which is dif
? obtain. The demand in Eng
?- present, to shippers, is centred
raccoon and wolf in the order
- ?
h fur markets, in addition
ng France and other Euro
'?'-?' . now have a domestic
wly developed British
iring industry, which
it to being when the supply of
ira from Germany was
' by ? ? ?- war.
->!i MofJel-, in Millinery
'?.t?- Making Their Appearance
'?>' pite protesta from many quarters
the mi iner trade, a few local hat
ifacturers already are showing
of velvet or combinations of
traw. These manufactur
ve no desire to "rush"
? - -. fa '. hat;;, hut that their
di - ? civet models for late
In some of the velvet
th? - idea is carried out by
? ?.c ?? Ivet in light pastel
.ra ????? brims.
??? ? ' :" ' ?'. ' hough, the millin
." and jobbers are BtiM
? ' -? ell ng strictly vjmmer
Trade Notes
Broth*ri & Harmel, manu
.(tiilted icketi
j robes, Yokohama, Japan, have <
? ? . ' ? ? ? ? i.-i ?< !':' if headquar
.-?. in th' B . ? Terminal Sale? Build
g, 130 West Port) second Street,
E. A. Brand, secretary of the Tan
era' Council, leave* Mew York to-day
' <r a thr#e-weeV trip to ?he i'^r,',,r
???t. -'? ?? '? ' '?'? ? ' Mr. Brand
?/ij! ,r.-. ?? tigate conditions in the tan
ncisco, Loi
. ? ? - d eat - ?? Speci .'??
,.,-?,-? ?-. : ? .-. . .??? M I
with the ioi-;.I tur.
era general condition? In the tanning
ndif.try a? well a? those applying to
-feai* territorlea, r
Silks
Jobhers in Silks Do Large
Business if They
Have Goods
Jobbing trade in silk goods yester?
day was of large volume with those
who are fortunate enough to have ?
' stocks to trade in. Travelling salesmen :
sent in liberal orders, those received
' from centres with a population of 10,
000 being relatively as good as those
forwarded from the larger cities. Most
! of the trading was in high class silks.
Some of the jobbers intimated that if
the buyers for retail dealers defer their :
trips to market until the middle of
August, when the fall season usually is
getting into full swing, they probably
will find little stock left from which to
make selections.
Many buyers who customarily con
fine their operations to the uptown silk
selling' district were in the salesrooms
of downtown merchants who carry silks
in addition to cotton goods, this indi?
cating that considerable shopping is
essential in order to get supplies. The
head of one of the leading concerns
in explaining the extraordinary demand
for silks asserted that many women
who had made money in war work now
were spending some of their earnings
for sheer fabrics for cr?pe georgettes
and the like. These weaves, it was
stated, are regarded as luxuries, the
purchase of which by working women
hardly would have been thought of
prior to the war.
Active Buying of Raw
Silk for Future Delivery
Buying of raw silks was renewed
yesterday, liberal orders being placed
for delivery during the month of
August, and some of the manufac?
turers of silk fabrics bought the raw
material for delivery in September.
While the producers of dress silks,
ribbons and neckwear participated in
the transactions, it was asserted that
the hosiery concerns figured most
largely. To get choice grades of raw
silk for prompt use consumers had to
resort to much shopping among the
importers. It was reported that 11,000
bales of Japanese silk arrived on the
steamship Empress of Russia, which
put in at San Francisco Thursday. The ?
new consignment will be rushed over?
land to New York as speedily as
possible.
Tussah or wild silk also was bought
on a large scale by the cotton mill
trade as well as by manufacturers of
, electrical insulations.
Standard Measurements in
Women's Apparel Advocated
The Conference Council of Garment
Wholesalers and Retailers it is expect?
ed before long will take up the ques?
tion of standard measurements for
sizes in the women's apparel industry.
The conference council is made up of
representatives of the leading associa?
tions of wholesalers and retailers.
Standard sizes were discussed at the
spring meeting of the National Retail
Dry Goods Association in St. Louis, re?
cently, and a committee to investigate
the problem was appointed at the meet?
ing. This committee has not yet made
a report.
Manufacturers of men's athletic un?
derwear represented in the Interna?
tional Garment Manufacturers' Asso?
ciation already have adopted standard
measurements and sizes for their
products.
Many retailers of women's apparel
complain that they cannot, rely on the
sizes marked in some of the garments
they purchase from the manufacturers,
and are advocating standardization. -
It is said that the statistics of in?
surance companies on measurements of
women are available for the use of gar?
ment manufacturers in drafting their
patterns, and such statistics may be
used by the conference council if it de?
cides to prepare a list of standard
measurements and sizes.
-%.
Discuss Insurance for
Foreign Credit Risks
Trade Organizations Expected
to Take Action on Pro?
posed Plans
Plans for the formation of a cor?
poration to undertake the insurance of
credit risks connected with foreign
business were discussed yesterday at
the Hotel Astor by representatives of
sixteen trade organizations, including
the Chamber of Commerce of the State
of New York. No definite action was
taken as the result of the conference,
hut the plans, which closely follow
those discussed at the recent conven?
tion of the National Foreign Trade
Council, will be submitted to the indi
vidual organizations for consideration.
r red A. Vogel, president of the Tan?
ners' Council, which called the meet?
ing, presided, and J. Willard Helburn, a
tanner from Salem, Mass., led in the
discussion?. Charles L. Bcrnheimer
represented n committee of the Cham?
ber of Commerce of the State of New
York. It is believed that as the result
of yesterday's meeting definite action
shortly will be taken to reduce the
credit risk.? of American concerns doing
an export business.
.Manufacturers' Prices for
Shirts anil Collars Advanced
Men's hirts and coliars, especially
for the better grades, are in active
demand. Jobber? and the large de?
partment stores of the country are the
principal buyers. Some of the manu?
facturers have advanced prices fi to S
per cent within the laut two weeks.
Backward deliveries of colored piece
goods by the mills curtail the output
of shirts, At this time last year mosl
'.s the leading producers were partlv
engaged in turning out flannel shirt?
for the uso of the army.
To Discuss Selling Terms
Standard selling terms in the men'i
clothing trade will be discussed ?m
probably adopted at a joint conference
between the wholesalers and retailers
to be held at 'he Hotel Breovort a'
10:30 a. m , July 16, Representative!
of various wholesale market? will mee
in conference on the preceding (lay
Each market has hern requested t<
send not more than three representa
lives to the conference, At presen
the selling terms observed in the trad.
vary greatly and the manufacture)
'? feel that the time is at hand to adop
tunrfona term** ._
Paying Higher Than Mill
Prices for Fall Woollens
Jobbers Ask Advance of $1.50
a Yard on Desired
Cloths
Jobbers in woollen cloths suitable
for women's fall and winter coats and
suits are getting as much as $1.50 a
yard above mill prices for desirable
merchandise. The mills producing the
highest class women's wear fabrics re?
stricted their output to fewer manu?
facturers this year, with the result
that many garment makers are forced
to buy needed materials from jobbers
or other manufacturers. The latter ?
are inclined to hold their cloth, and
there is less trading among the gar?
ment manufacturers than usual.
''The best mills almost required us j
to show a birth certificate," said a ;
prominent manufacturer yesterday,
"when we went in to order our fall ;
cloth3. They limrtsd the amount we |
could order, and unless we had been j
doing business with them for years,
they refused our orders altogether."
Silk duvetyn, a soft velour-like fab- '
ric, made of silk and wool mixed, ex?
pected to be a popular fabric for next
fall, is said to be particularly hard
to obtain, except at advanced prices.
This cloth, which a certain mill sold
at $7.50 a yard at the beginning of
the season, is now being held by job?
bers at $9 a yard.
Textiles
South American Buyers
Do Not Quibble Over
Cotton Goods Prices
Sales of unbleached cotton goods by
mill agents yesterday were of satis?
factory volume, but trade in un?
bleached and colored fabrics was light.
Converters booked a fair number of
orders for bleached as well as colored
goods, and these concerns also re?
ceived some business from South
American buyers, who, it was asserted,
did not quibble about paying the ad?
vanced prices recently put in force.
In the unbleached goods division of
the market trading was confined to
small sales between converters, or so
called second-hands.
The mills seemed to be steadfast in
their policy of refusing to offer goods
for future delivery. It was admitted
that the decreasing, price of-raw cot- ?
ton had dampened speculative buying
of the unbleached cloths. Rut the
mills having sold large outputs for
months to come seemed pleased with
the lull in buying. Some of the mill
agents expressed the view that trade
probably would be quiet for about a
month, or until after July 4.
Boston Wool Market Quieter
Buyers in the West Show Less
Eagerness
BOSTON, June fi.?The week in the
wool market has been quieter both
here and in the West although, ac?
cording to the "Commercial Bulle?
tin" houses having new wools arriv?
ing are doing some business in the
fine and half-blood wools at prices
about on the present level of cost for
the new wools. Buying in the West
has been conducted with less eager?
ness at about the level of values pre?
vailing a week ago.
Foreign markets are all holding firm
with competition fairly steady at the
Pviver Plate.
Merchandising on Steady
Basis the Country Over
Taking the country as a whole all
phases of merchandising remained un?
changed during the past week, as is
indicated by the subjoined table,
which shows the relative fluctuations
of merchandising activities based on
reports made to the Credit Clearing
House. More than 30,000 separate
transactions, totaling over S 10.000,000,
are reviewed weekly for the purpose
of determining these fluctuations. The
plus sign indicates greater activity,
the minus sign less activity.
The Middle Agricultural Section
shows a new record in payment activity
for the week anil the Kart Section
shows the lowest indebtedness re?
corded. Payments have been excellent
during the last week in all except the
Pacific Coast and Mountain Sections.
Indebtedness remains unusually low
and purchases, while not equal to last
year, are greater than the correspond?
ing week of 1916 and 1917.
Comparison of tlie week -^ 11 ' i ? n p June 7,
1919, with the pre ce run? week and the
corresponding week |last year:
UNITED STATES
Purch's. 1 rulebt's Pay ts
Work before . . (I.<> O.I) ?(\.i
fear ago . ?1.1 ?1.9 - :;.!
PACIFIC C< "AST SEC1 ION
\\ r-r-k before ?1.0 0.0 ?6.0
Y'oar ago . ?."'.!) ?1.11 ?9.3
MOUNTAIN SECTION
Week before .. ?1.6 ? <i.:i ? 0.<i
Year ;?(?<. ? i.-i ?',A ?1.1
NORTH AGRICULTURAL SECTION
Week before ?2.0 ?0.6 -0.1
JTear ago . ?0.5 ? (l.l ? <>.2
MIDDLE AGRICULTURAL SECTION
Week before .. ?0.4 n.7 1-3.3
l>:ir UK'. . ?? l.l ?U.O - rt.'i
Year ?v.? . ?0.?5 0.1 ? 6.2
SOUTH AGRICULTURAL SECTION
wepk before . ? n.7 ? 0.8 *-o.!?
Tear ag<i . ? 2.0 -0.3 ? 1.4
EAST SECTION
Week before .. 0.0 ?2.0 ?1.3
Tear ago . ?2.1 ?1.5 I..8
Chemicals
Seasonable Increase in
Demand for Spraying
Mixtures Reported
Leading factors in ?he market for
barium chloride report that demand
is improving. There seem to be no
quotations of less than $60 per ton for
the off-color material. The pure ma?
terial is in fair request, and the price
is said to be steady at $70 to $75 pt.r
ton.
Excellent inquiry for Bordeaux
mixture and ? allied materials has
steadied prices, and in some directions
quotations have advanced. There are
supplies in fair volume at 12 to 13
cents per pound, hut f,ne leading factor
is asking 16 cents.
Agricultural demand for blue vitriol
in good. Supplies are being disposed
of ax fast as produced. Buying of
green vitriol is only fair, but a large
?volume of business is declared to be
tn jjroapect? _
Patriotism Gives* Way to |
Fashion in Fur Trade
American Women, No Longer Regarding Thrift as
a Virtue, Will Array Themselves in the Finest
of Garments That the Market Affords
VT/'OMEN of fashion, who during the j
** war practiced frugality from a :
sense of patriotic duty, are already
making known their intention of array- '.
ing themselves during the coming fall
and winter season in the best that fur?
riers have, to offer regardless of cost.
"The fur market," A. C. Bishop,
manager for H. Jaekel & Sons, said
yesterday, "is constantly trading up.
By that I mean people are buying more
expensive furs. The tendency is to
drift away from staples, such as Hud?
son seal coats and wraps, in which the
bulk of the business in dollars and
cents has centred in recent years, and
next fall I expect to see the relatively
more expensive furs sold in larger
numbers than ever before, although
prices are mounting every day.
"During the war our wealthiest cus?
tomers economized. Many of them
brought in their old fur wraps to be
repaired and remodeled. 'We consider
Business
Yesterday was unusually quiet in the I
commercial paper market. In New York I
buying was almost at n standstill. I
Friday is becoming an off-day now, and ?
seems likely to remain so throughout!
the summer. A good business came '
from the country, however.
Most of the paper being sold now.
goes at 5L? per cent. Some of the bro- '
kers have left off offering paper lower I
than that. The range is from 5'4
to h\??.
Five representative cotton mill agents
interviewed this week stated that the
cotton mills of the country were so af?
fluent that it was unnecessary for them
to borrow money from banking institu?
tions. During the war years the cotton
mills sold basic fabrics at 20 cents a
yard, the cost of producing the goods
having been about 10 cents a yard. As j
a result surplus profits were large, !
even after the payment of the tax on
excess profits. It also was stated that
before the war 90 per cent of the
Southern cotton mills operated on bor?
rowed money, but to-day these mills j
are in a position to supply their own |
Metals
Selling Agencies Hohl
Copper at 17 Cents a
Pound
Most of the important selling
agencies and producing interests were
reported to be holding their copper
at 17 cent? a pound for immediate de?
livery yesterday, although so far as
could be learned very little business
was done on that. basis.
As the market stand? it is probable,
according to trade reports, thax any
large consumer of metal can get all
the copper he wants around lR1^ cents
a pound despite the. higher prices
asked by the so-called big interests.
Copper metal for July and August
delivery is being offered in the mar?
ket at around 17v? to 17 la cents a
pound, with fairly substantial amount
of business being done.
To say that the copper trade is
optimistic is putting it mildly and pre?
dictions were made yesterday that, cop?
per would be selling at 20 cents a
pound by September at least. This
prediction was based on the belief that
the foreign demand will quicken once
the peice treaties have been signed
and the large foreign credits are ar?
ranged.
Advices from Butte, Mont., yestarday
were to the effect that the Anaconda
Company has announceil a reduction
of 10 per cent in the compensation of
salaried employes in Butte, Great
Falls and other places where the com?
pany operates.
it unpatriotic to buy furs now' they all
said. But since the ending of hostil?
ities these people have felt freer to
spend their money as they see fit.
Some of them bought new furs last
winter and spring. Still more will buy
during the coming season. Many are
buying right now and so long as this
demand continues in force there is lit?
tle chance of prices taking a drop.
"There is an actual shortage of furs
at present and even if the supply were
larger than it is, it still would fall
short of the unprecedented demand."
Retailers are beginning to anticipate
their demands for next fall, Mr. Bishop
said, by placing orders for some of the
merchandise they will need. The real
buying season, he added, is not ex?
pected to begin before the middle of
July end the Paris importations of
fall models and copies and adaptations
of them ?will not be shown before Au?
gust or September.
? Money
funds. Cotton mills during May end
June receive large sums in payment for
goods sold. But during October, No?
vember and December they expend con?
siderable in paying for raw cotton.
Yesterday was reported quiet by
most dealers in the bank acceptance
market, even those that during the
early part of the week seemed to be
meeting with better luck than the gen?
erality. The Belgian bills are now
being traded in, and all the dealers are
about as well stocked up with bills in
general as they care to be. Some deal?
ers expect to find call money easier
next week and a better market.
The first issue of the semi-monthly
"Acceptance Bulletin" of the American
Acceptance Council has made its ap?
pearance. It is a four-page folder con?
taining announcements of conventions
and legal rulings on acceptance prac?
tice.
Fifteen to sixty day prime trade ac?
ceptances were quoted at 5 and 5V? per
cent; sixty to ninety days, 5 and 5l-2
per cent; indorsed trade acceptances,
4% per cent, all maturities.
Jewelry
Clock Factories Booking
Orders Faster Than
They Can Be Filled
New England factories, because of
the shortage of skilled labor, are re?
ceiving orders for clocks faster than
they can till them. As a result jobbers
and retailers are carrying small
stocks. The clock concerns say there
is no difficulty in obtaining unskilled
workers in any numbers, but that the
deficiency is in the supply of machin?
ists, die makers and other skilled
workmen.
I So far as the retailers are concerned.
I there is no seasonable buying at pres
; ont. They are only too willing to ac
? cept merchandise whenever it is re
! ceived, it is said. Ordinarily this
I would be a dull season for alarm clock
business, but manufacturers declare
that the orders in hanil are far in ex
: cess of the capacity of the factories ?
I under present labor conditions.
Foreign buyers, especially those ;
? from South American countries, are
reported to be in the local market in
large numbers, all desirotrs of placing
; orders for immediate, delivery. Few,
?T any, of them have succeeded in hav- ;
; ing their orders accepted under this
; condition. It. is said that the increased
? prices for all types of clocks have
surprised the South American buyers,
! as they visited the market here with [
; the expectation of finding prices re?
duced as the result of the signing of
I the armistice.
asic Commodities
June 6, 1919
(Note ?In those case^ where no transactions were reported the "bid"
prices are given.)
METALS
. Week Year
Friday. Thursday. ago. ago
Pig iron, No. 2 Fdry, per ton (Pittsb'gh) $28.15 $28.15 $2fi.15 $34 25
Lead, per lb.06.20 .05.20 .05'4 ~ .07'3
Copper, per lb. .1634 .1634 .16'/2 .23'?
Spelter, per lb. (east of St. Louis). .06.10 .00.10 .16%, .07 1-5
Antimony, per lb.08'4 .08'4 .083? ' 18~
Tin, per lb.72'2 .72?/a .72'., '95
PRECIOUS METALS
Platinum, per oz.$106.00 $106.00 $105.00 $10008
Silver, per oz. 1.09'3 1.09'8 1.08? 4 "991 _
CHEMICALS
Sulphuric acid, 66% per ton. 16.00 16.00 16.00
Nitric acid, per lb.08 .08 og N .,
Caustic soda, 76^-. per 100 lbs. 2.75 2.75 275 ' ?marhet
Soda ash, 58% light (bbls.), per 100 lbs. 1.75 1.75 170
Phenol, U. S. P. (carloads), per lb.09''2 .08'2 .03'%
Glycerine, dynamite, per lb.21'/2 .21'/2 .17-.18
Glycerine, crude, per lb.13i/2 .13'.2 14
(ilvcerine c. p. (in drums). 21 2\ '?VA 1fi, .
Alcohol (denat.), per gal.40- .44 .40- .44 45-48 71
Alcohol (non.-bev.), per gal. 4.90 4.90 490 " 40?
Nitrate of soda, 95%, per 10O lbs. 4.07'/2 4.07'/2 4.07[/2 435
Benzol, c. p. .25 25 .25
Toluol, pure . 25 25 2L
COTTON
Middling upland, per lb. 30.35 31.40 Holiday 29 7 S
SILKS
Japan filature, No. 1, Shinshiu, per lb.. 825 8 15 8 15 fi7ft
China-steam filature, best. No. 1, per lb. 8.75 8 75 8 50 7 fio
Canton filature. Ex. Ex. A, per lb. 6.75 6 60 ' ^-JJ
HIDES AND LEATHER
Hides, city slaughter, spread, per lb- .42 40 41
Hides, city, nat. utrs., sel., 60 or over, lb 40 '39 \RI/ 'j:6'2
Calfskins, city, 9 to 12 lbs., per skin... 7.60 7]60 ?? 2 535
Leather, hemlock sole:
Overweights, No. 1, per lb. 55 55 55
Middleweight?, No. 1, per lb.53 .53 ?53 43
RUBBER"
Para, up-river, fine, per lb.571/3 571^ 57l/ g8,,
l'ara, up-river, roamp, per lb. .34 34 34. ' '2
Plan., 1st latex, pale, crepe, per lb. .44 44 Afy 68
, Plan., brown, crepe, thin, 'lean, per lb .40 .40 ' >
1.60
1.60
.60
.51
12
Plan., ribbed smoked sheets, per lb. A2s/z .42'/2 ^451,
'Quotation* ?o? ?ft* cqbb?? oaJjr? ? v^r
i'
.62
9,000,000 Lbs, of Wool Sold I
Australian Fleece Goes Well at
Government Auction
BOSTON, June 6.?Large purchases
of good 58 to 60s crossbred Australian
wool were the chief features of the
government auction here to-day. Such
wools sold in volume at prices around
$1.70 clean basis. At this price the
Amoskeag Manufacturing Company and
the Atlantic Mills were large pur?
chasers. The bidding was under better
control than at the previous sales of
crossbred wools, and prices generally
were nearer the minimums established
by the government.
Altogether four million pounds of
Australian wools were offered. Fine
Australian merinos were in strong de?
mand. The Krieglinger Company,
Wanskuck Mills and the Woonsocket
Worsted Mills were the heaviest pur?
chasers of these. Choice 64-70s sold
as high as $2.25 a pound. The Krieg?
linger Company took ninety-five bales
at this record price. The Woonsocket
Worsted Mills paid $2.02 a pound for i
shafty top making 70s.
Rubber
Orders for Drug Sundries
Being Placed More
Freely
Retailers and jobbers of rubber drug
sundries are placing orders more
freely, according to manufacturers.
Bathing caps especially are in demand.
It is said that the retailers and job?
bers are carrying small stocks of mer?
chandise as the result of a feeling that
has prevailed in the trade for weeks
past that lower prices would be an?
nounced by the rubber goods makers.
As these reductions have not Deen
forthcoming, the tradesmen are plac?
ing orders with greater frequency.
These orders chiefly cover small quan?
tity purchases, but the manufacturers
'? say they will become larger when it is
generally recognized that it will not be
possible for some time at. least to buy
at lower prices.
-??-_
Sales of Surplus War
Materials Yield Large Sum
New York Tribune
Washington Bureau
WASHINGTON, June 6.---Surplus war
? materials valued at $26,682,798 were
i disposed of by the War Department
during the week ended May 30, last.
The total obtained by the department
for its surplus stocks between January
and May 3*0 was $279,056,919, this sum
being 86 per cent of the original cost
; of the materials.
Among the sales made during the
week ended May 30 were 700,000 bales
of cotton linters to the Cotton States'
Products Corporation for approximate?
ly $15,000,000. There also was sold
$322,965 worth of scrap metal, and the
sum of $10,592,268 was realized from
sales of wool.
Incorporations
ALBANY, .tune h- Charters to incor?
porate were granted to-day bv thi- Sec?
retary nf State i,s ful!,.ws.
Marinmc Picture Corporation, $S0.O00;
Manhattan; motion pictures; B. J Mellan
us. Elizabeth McCormick, Uni. J. Bonnev,
11 -6 Fiftieth Street, Brooklyn,
Jarvil Company, Inc., $2.000; Manhat?
tan; manufacture ladies' and chililren's
hais, shoes and apparel; Chas. H Levitt,
Johnston Schneider, Margaret Ahem. 1210
Avenue \. Brooklyn.
Herbert Merriam & Co., Inc., ?50.000;
Manhattan; stock and bond brokers; A. \V.
Britton, S. B. Howard, Robt K. Thistle,
65 Cedar Street, New York City.
Independent Warehouses, in-.-. $finn.noo;
Manhattan, storage; Grayson M P. Mur?
phy, Eugene W. Stetson, ,loh:i P. Maguire,
.).. rae> < 'ity, N. .1
\Vet;:el Dye & Chemical Corporation, $2.
500; Manhattan; mfg. dves, drugs, chemi?
cals; Kred Wotzol, Henry .1 Landahl, l,eo
Weinberg, 1137 President Street, Brooklyn.
Hortense Dress Co.. Inc., $20,000; Man
hatt.in; mfg. dresses, costumes; Jacob
Cohen, ??.'H. Bluaman, Hobt. Hirsch. 2S?
FI Washington Avenue, New York City.
Th? U. S, Atlantic Fleet Jazz Band. Inc.,
$1,000; Manhattan, theatrical proprietors
and managers; Jas W. Hlckman, I.. R
Hanover. ?.>. H Isaacsohn, 157 West Forty
seventh Street, New Vork City.
Alkahn Silk Label Co., In.-. $25.000;
Manhattan, mfg. silk and cotton labels
and woven novelties; Alex. I. Kahn. H. M.
Kahn. Frank Greenwald, IL':.:? Madison
Avenue, New York City.
Allied Code Company of the United
States, Inc., $5.000; Manhattan; publish
rabie codes; ('.'. I!. Farquhar, Patricia
Mitsch, Eugene Newman, 450 West 147th
Str.-, t. s,- v York City
American History Compilers, Inc, $25,
000; Manhattan; compile, publish reference
bin.Us. J \V. Fay, N. S. Fay, K. M. Holmes.
I.:.'(7 Coney Island Avenue, Brooklyn.
Plate Makers' Products Co., Inc.. $10.
000; Manhattan; deal in photo engraving
supplies; M II Flader, II C. Jones, C. It.
Stewart, 2.'.'! Adams Place, Bronx.
Willdlgg and Fisher. Inc., $10.000: Man?
hattan; express business; .1. I> Fisher, R
S. Willtligg, A. M. Willdlgg, fi'lv Lincoln
Place, Brooklyn.
G?tz Notions, inc. $5.000; Manhattan;
mfg. nut ums ; Max Getz, Jessie Olnlck,
Henry Summcrfield, ?-?;'.' Manida Street,
New York City.
Zenith Motor Car Company, Inc., $20,000;
Manhattan; manufacturing autos and
trucks; Charles S. Levy, Gertrude Lew,
E. .1. Bushey, 16S West Seventy-third
Street, New York.
Readers' Publishing Corporation, $lon,ono;
Manhattan, general publishing, theatrical
and motion pictures: F. P. Page, Nathan
Messlngei-, Augusta Blrenbach, 29 Broad
w a y, New York,
II. M. ,1- I?. Company, Inc. $200,000;
manufacturing any article of commerce,
Invention, chemical or uther compound, J.
?\. McV'ickar, W. H Oilman, S. A. <;.
Norris. 1-"-' Fast Fifty-seventh Street.
Corfax Realty and Construction > "om
pariy lue. $10,000; New York County;
realty; W. C. Brummerhop, Viola L Cn\.-?
inan.'.M Krajnylk, 7?'"? Hewitt Place, New
York City.
Northern New York Milk Corporation,
$300,000; Jefferson county, dairy products;
?: Seymour Eastman. II. Edmund Mac
hold. Clarence A. Brown, Watertown,
N. Y.
Bobby Car Corporation. $50,000; Buffalo;
manufacture children's toys; Hugh G.
Thomas, George Williams, Leo Michaels,
Buffalo. .
Schulz & Mazzeo, 1m-, $e.oon: Brooklyn;
general painting and decorating business;
Carl F, Schul;... Joseph Mazzeo. Louisa
Mazzeo, MM Seventy-fifth Street, Brook
lyn.
Sinclair Building Company, Inc.. $.l,nno;
Manhattan.; realty, contracting, construc?
tion; A K. Watts, J. Fletcher Farrell, D.
!.. lioober, 120 Broadway, New York City.
Ah.I.? Realty Company, Inc. $25,000;
Manhattan; general real .-state. L. p.
Dowdne'y. K M Spence, .1 McK, Douglas,
1I?, Wesl Elghty-hrst Street. New York.
Supreme Hosiery & Glove Company, Inc.
$25,000; Manhattan; manufacturo hosiery
and gloves for bol hsexes; i.uuis Wililman,
I'-anni" Wildinan, Louis dropper. ?6?1
Nineteenth Avenue, Brooklyn.
B, B. F. Coporatlon, $10.000; Manhattan;
garage or livery; Samuel Brown, Harold'
Browndori, Hurry Fleisher, 328 Troy Ave
liuc
Universal Knitting Mills, Inc. $2 500
Buffalo; textiles, Walter Hays, Thos. a!
Anderson, Win. L Raffrrty, Syracuse,
N. Y.
InirlngiholT <?V Noihy Baking Co. Inc.,
$10,000; Brooklyn; bakery and restaurant'
Jos, Weiss, S w. Kroll, Morltz Grossfleid!
||h Nassau Stnit. New York Cltv.
St Mlhlel Hnkery ,1- Rest?.,rant Inc
Sin.000; Manhattan restaurant, bakerv
Sum Schwartz, Louis Eichner, Max Kal?
mus, 42 West llflth Street. New- York City
New Idea Dress & I'ostume. Co Inc
,$10,(1011; Manhattan; mfg. ladles' di-?Hae?:
i Cha?. Skolnik. Harry RorkUn, j. k David?
son, 1211 WftfltUalb Stxeet? NttrSatk CiU*
Leather
Tanners Unable to Fill
Orders for Upper
Leather
Demands for upper leather are so I
heavy and the stocks of raw material
at the tanneries so low that tanners
are reported to be accepting only 50
per cent of the orders they receive.
The tanners declare they are unable
to supply the stock that is wanted.
Practically all grades of leather con- '
tinue to advance in price.
During the last few days calfskin
has been increased 5 cents, while other
advances include 3 cents on all kip and
side leather, 4 cents on all horsehide
leather, 4 cents on patent sides, 4 cents
on sole leather insides, 6 cents in backs ;
and 8 cents in bends and 1 cent on ;
flesh splits, flexible insole splits and i
glove side splits.
Top grade colored calf is now being I
held at $1 per foot and dry hide hem?
lock sole, on the basis of the above !
advance, is now held at 63 cents, 61
cents and 58 cents for overweight sides
and 3 cents less for middleweights.
Buying of Bedspreads Active
After two months of active buying
cotton bedspreads still are in excel?
lent demand, according to leading mill
agents. Jobbers of the South and
West are said to be the best custom?
ers. Traveling salesmen for the mills
report that these sections are un?
usually prosperous, thanks to remu?
nerative prices for both cotton and
wheat.
Butler Mill to Increase ?
Its Manufacturing Capacity
NEW BEDFORD, Mass., June 6.?The
Butler mill of this city, manufacturing
fine goods, will increase the capacity
of its plant by the addition of nearly
20,000 spindles and 260 looms, with the
necessary preparatory machinery to
balance the plant. It is expected the j
addition will be ready for operation by
the first of next year.
Labor Shortage Cuts
Cloak and Suit Output
Workers Reluctant to Return to
Factories; Small Manu?
facturers Hurt
Although the organized cloak and
suit manufacturers and the union in
the industry have come to an agree?
ment officially on new labor terms,
the workers are reluctant to return
to the factories, with the result that
fall production is still held up. The
manufacturers frankly confess they
are worried over the situation. They
figure that they are losing a certain
amount of early fall business which
might readily be booked if they were
able to produce goods now.
The larger manufacturers can
weather the situation better than their
smaller brothers, many of whom have
bills for cloth maturing soon and no
revenue in sight for several months.
The question of early fall models
also is bothering the manufacturer?.
Some of them were fortunate to have
their fall samples made up before the
strike was called. They have shown
these models to the buyers both in the
New York showroom and on the road.
i When the influx of buyers to this
market sets in about the middle of
July, these purchasers will want to
see something new and the manufact?
urers will be rushed to make up new
samples. After a strike it takes weeks
and even months to knit together a
smooth working organization, and the
production of new samples likely will
be delayed while this reorganization
is taking place.
-.
Promotion for Mill Man
Bonnet* News Bureau
Special Correspondence
NEW BEDFORD, Mass., June 6.- The
directors of the Luther Manufacturing
Company of Fall River have elected
John H. Holt treasurer and director to
succeed the late Charles R. Luther, who
died last week. Mr. Holt has been su?
perintendent since the company was
organized, in 1903, and was acting
treasurer durintr Mr. Luther's illness.
Buyers
Buyers are invited to register in th
8243 between 10 i
Arrived
s column by telephoning Beekman
.. M. and 7 P. M.
Women's Wear and Millinery '
AUGUSTA, Ga.-J. B. White & Co.; R !
TV. Pendleton, ready to wear: care XV. C. ;
Knott. 2.1 East Twenty-sixth Street.
BALTIMORE?Hochschild & Kohn Com?
pany; Miss Kokl, ready to wear; 220 Fifth ?
Avenue
BALTIMORE?A. Rosenberg, millinery.
etc. ; Broadway Central.
CHICAGO?Mandel Brothers; Miss G. .
Worksey, dresses and costumes; Miss E.
Carney, blisses' dresses; rare 13 Bast :
Tivonlv.si.fond Street.
CHICAGO?Stein & Seiden; l.OfiO cotton ?
dress s and fall dresses; Lesser & Kasin
dorf, 1170 Broadway.
CHICAGO A. Meyer; A. Meyer, silk
and georg?tte dresses; Shapiro A Rosen- |
blaum, 1170 Broadway.
CHICAGO?B. Meyers Franklin Co.; Ben1
Meyers, trlcotlne, serge, =j|k and georgette '
dresses: Shapiro & Rosenblaum, 1170;
Broadway
CHICAGO ?Mandel Bros.; C. Powell
medium priced dresses, 13 East Twenty- ?
Second Street.
CLEVELAND?Halle Bros.; Miss Kelly,
knit underwear; Miss Price, waists; 220 i
Fifi h A venue.
COLUMBUS, Ohio?K. Jones, women's
wear; Marlhorouirh
MEMPHIS. Tenn.?B. Lowenstein * Bro. ;
Miss Teep, ready to wear. 2225 Fifth Ave- j
rue. ru mi 02:.. I
PHILADELPHIA?Wolln A Small; S.
Wolin, cloaks and suits; Aberdeen.
PHILADELPHIA?Frank A Seder; A.
1 Kink.' ready to wear: 364 Fifth Avenue.
PITTSBURGH, Penn. ? Kaufman De?
partment Store: Mrs. E. K. White, corsets
and muslin underwear. 1261 Broadway, I
lot h floor.
PITTSBURGH, Penn.?Seder Bros.; H.
Seder, ready to wear, ;>64 Fifth Avenue,
lth floor.
PORTLAND, Me. ?Eastman Bros. A Ban- j
croft; Miss I. Jardin, dresses; 1270 Broad- ;
way.
SHAWNEE. Cikla. ? Mammoth Depart-,
n cm Store, P. N. Stuart, ready to wear; i
Holland.
ST. LOUIS?Marquette Cloak and Suit .
Co.; Herbert Frank, fail coats, suits and j
dresses; 116 West Thirt> -second Street.
WHEELING, \V. Va.---Stone & Thomas:
Miss <;. V?llers. ready to wear, 1270
Broadway, room 614.
Men's Wear
BATAVIA?Stark, McAlpin * Co : J. S
McAlpln. men's and boy's clothing and
furnishing goods, Park Avenue.
BOISE?C C. Anderson A Co.; W. E.
Graham, boy's and men's clothing, hats.
furnishing goods; 120 West Thirty-second
Street.
BUFFALO?Conway A McDonald Co. ;
T. E. Conway, men's hats, gloves and
uo.-kwear: Imperial.
COPENHAGEN, N. T.?H, Kaplan Co..
II. Kaplan, clothing, etc; Grand.
BLYRIA, Ohio Cohen A Bio.; A. Cohen,
clothing, etc.; Pennsylvania.
ITHACA, N T -Wells-Shannon Co. .HI.
Weils, men's wear; Grand.
NORFOLK?J. Saks * Co.: J. Saks,
notions, hosiery and lurnishing goods;
Pennsylvania.
ROCHESTER ?McFarlin clothing Co.;
<;. E. Donnelly, men's and boy's clothing1;
Collingw.ood.
SAX FRANCISCO?Strauss, Lev! A Co.:
S. E. Davis, men's and boy's overalls and
jumpers; 37 Broadway. 7t h floor.
WASHINGTON, D. C M Goldenberg;
M. Goldenberg, men's furnishing goods;
1140 Broadway; Aberdeen.
Pieee Goods
BALTIMORE?Hol?man Co.; Mr. Hois
iv.:m piece goods: Walllck.
BALTIMORE -Klein Muffett Co.; R. XV.
Klein, ginghams and chambrays; 1270
Broadway.
BOSTON?W. H Mr-Ins. tailor; Con?
tinent? I.
CHICAGO?Cohn Bros; .1. Cohn A H.
Cohn, piece goods: Commodore.
ELIZABETH CITY. N. C.?C. H. Rob?
inson Co.; c H. Robinson, drygoods, etc.;
Pennsylvania
LINCOLN, Neb-Gold ,?5- Co. ; Mr. Gold,
drygoods, etc.; Pennsylvania.
l.oS ANGELES?Smith. Ridderk D. G.
Co.; R. B. lliibbard. domestics, 72 Leon?
ard Street, room 411.
NEW HAVEN. Conn ?Shartenberg *
Robinson; T. H. Galligan. laces, etc.; raro
404 Fourth Avenue.
NORFOLK. Va.?T. Schugam A Son;
! 1. Schugam. drygoods. etc.. Pennsylvania.
NORFOLK, Va.?Hughes * Kirby; Mr.
i Hughes, piece goods; Pennsylvania.
PHILADELPHIA- Harris, Isaac Sons, J
' Harris, wholesale ami mfrs. clothing,
, Pennsvlvania
PHILADELPHIA?M. Norwlck * Sons:
II. A. Norwlck, mfrs. suits; 1182 Broad
: wav ; Aberdeen
PITTSBURGH ?M. Eisman, piece goods,
Fennsvlv am*
ROCHESTER?M. Nusbaum. drygoods,
l'ont Inenl a 1
TORONTO. Ont ?Lion Dress Co.; M.
Rosenthal, mfrs. dresses; Latham.
Notions Toilet Goods, Drugs
BOSTON?S. Cohen A Co ; G. Cohen,
laces, trimmings, neckwear, buttons, smali
wears. Longacre.
NORFOLK, Va.?J. Saks A Co. ; J. Saks,
notions, hosiery and furnishing goods]
Pennsylvania.
Furs
TORONTO-?Hilt? Company;
furs, Breslin.
Leather, Fancy Goods, Jewelry
BOSTON M Blumberg Co.; M Blum
berg, leuelry. Brrslln
CLEVELAND Halle Bros. Miss K.
Motagar, fancy goods, 220 Fifth Avenue
READING. Penn. Cohen Bros.! A.
Cohen, lewelry. Commodore
SAVANNAH, G? ?A. L. Deaboulllons A
Son. A. Daaboullion^ jawclry; Penntyl
House Furnishings, Floor Cov?
erings, Furniture, Drapery
BALTIMORE?Dulany-Vernay Co.; J T.
Vernay, furniture; Breslln.
CHARLESTON, W. Va.?M. L. I.vnn.
general merchandise; Collingwood.
CHICAGO?Sears, Roebuck; J. A. Fal?
coner, lace curtains. window shades,
draperies, blankets and comforters; A. ?
Ward, la.-.- curtains and nets, 11 Fif'h
Avenue.
CHICAGO?Marshall Field a Co.; E J
Burke, lace curtains and upholstery, 11"7
Broadway.
CLEVELAND S. Bauer, general mer?
chandise: Wallick.
HARTFORD. Conn. -Wise, Smith A- Co.;
J. Bason, china an?l glassware; 404 Four-h
Avenue. Breslln.
LAKE ODESSA, Mich.?G. A. Weed,
furniture; ijran?l
SAN FRANCISCO - L. Batim?n, g? .ral
merchandise. E'ennsylvanla.
YOUNGSTOWN, Ohio 4; Livingston,
genera! merchandise; Pennsylvania
Genera! Merchanili'-r
BALTIMORE I Wolf, general mer?
chandise; Herald Square.
BORDEAUX, France .1 s Servant
general merchandise; 14'. West l'n
sixth Street.
BOSTON?S. Cohen, general merchan?
dise: Latham.
BUFFALO, N. Y W. G Lewis .<:??'
H J. Simon, drygoods, nouons (S and 10
cent goods!; Commodore
CHICAGO?A. Berkowitz, general mer?
chandise; Broadway Central.
CINCINNATI ? McAlpin Co : T King,
representing; William T. Knott. 23 Bas:
Twenty-sixth Street.
CLEVELAND.Ilignee Co A. Shlveri
merchandise, manager: 230 Fifth Avenue
COPENHAGEN, Denmark -Polish Im?
port A Export Co : Anton C. Herskti
raw materials, machinery, leather, wear?
ing apparel, drygoods, toilet articles; H..:ei
Navarre.
DETROIT -I. L Zuieback: Samuel
Zuieback, ladies' and children's read} 10
wear and general mdse , 11S j Broadw ly,
room 1402
EMPORIUM. P. ;in Furnace Supply 10 ;
J. B Meisel. general merchandise; Penn?
sylvania
FALL RIVER. Mass S Bloom: M \!
Bloom, drygoods, small wan 'iri'iin no?
tions, furnishing goods, hosiery, under?
wear: Somerset
KANSAS CITY. Mo -Jones Store Co.,
drygoods: N. T. Miller, assistant rr-ana
ger. 23 East Twenty-sixth Strt-ei
PRESCOTT. Ariz.?M Goidwater A Bro ;
M. Goldwater, drygoods. initions, furnish?
ing froo.is. women's, children's wear, car?
pets, upholstery, house furnishing goods;
22e Fifth Avenu?, room 1411
ST LOUIS?E Sicher, drygoods; Mc?
Alpin.
Miscellaneous
ATHENS. Ga -Davidson A Nichnlls. v
Davidson. resident buyer. Jay A ' 0.. (04
Fourth Avenue
BALTIMORE -H. Michael, auto tires
Pennsylvania.
CHI? AGO?Marshall Field A ? ? M ?s
J. 1. Mann, cut class. 1107 R-o >?-.?.?.
CINCINNATI?McAlpin Co.: T King,
representing; Knott. 2:t East Twent;
Street.
CLEVELAND?Halle Bros . M ss Browi
gifts. Miss Cox, needlework; 220 Fif'h
Avenue
CLEVELAND -H. C Beck - mfi
erv; Commodore.
CLINTON, N c M. l! Jones ' M
H ..Iones, representing Herald Squarr
DANBURY. 4-onn M Simon. 11 inufa t
urer cigars: Pennsylvania.
DELPHI. N. Y H. E. Mas.., A F
E. Mason, electrical supplies; Herald
? Square.
HARTFORD, < onn - Sage. A!>n i- ' n
\ O M. Davis, representing; 4"t
Avenue
INDIANAPOLIS?P. H Kraus? ' ?
iC Kiauss. laundry machiner-, ai
?' piles. McAlpin
KANSAS CITY?Smith, MeCord
' Townsend : S. Beam, hosiery and
! w ear . ::77 Rrna'w a ?
KANSAS CITY -P. Covell, genera
; Pennsylvania
MONTREAL B. Sommers ? o B
mer?, groceries; Pennsylvania
NEW ORLEANS Maison Blan.
S. S Mann, dress c lods silks, ?-?'? ' '
linings domestics, flannels, blan
; Hayem, linens and whit? good?
. Baker, trimmings, laces, embroideries '
Salamon, notions, jewelry, leather goo
I silverware; S, Simon, lieekv 11
ribbons. Miss K, Connolls books stati
erv. N. H. Murphy, knit underweat su
.cloaks, waists: M Zander, clothing :?n-l
; furs. F. M. Taylor, house furnishing*. ??" s.
i china; Mrs J i'oughlln. milliner ^
Magnitzkv, upholstery k.-i".1s and . .-? , ?
116 West Fifty second Street.
PITTSBURGH .'. Horn? Co F
Knight, pictures snd frames. 4:1 Foui 11
A\ en lie York
SACRAMENTO Welnstock & ' ut 1
Cninpan? ;* Mr Kuchman, waists and ? hi
! ren's clothing. 2200 Fifth Avenue
WASHINGTON M Kaufman, '- go
am! general line Pennsylvania
Buvers Coming
BR1DGRP<"*RT -Hudson Cloak A Suit
Stores. Mr A Feinstem, (.atln and Geor?
gette dresses: 1133 Broadway, room ''.'..
Expei ted June 5. 1919.
CLEVELAND?Cleveland Raincoat < ?
? S Welt?, cloth and materials. Broadway
! Central Hotel Expected June 9. 191??. for
! four days
DENVER A T. Lewis Co ; Mrs Mill
dresses; Ferguson. " West Twenty -i 11 ?
Street Expected June 9, 1919,
NEW HAVEN- Hudson Cloak A - 1 '
.Stoics. .1. nol 1; F,'Hinein. <,i:? and
georgette dresses; 1133 Broadway, rc..?i>
711 Expected June 9, IM1
PHILADELPHIA ? S M lioldman. Mis?
?Cohen, ready to wear; Mtss Lowenstein.
children's clothing; 1261 Broadway, aie