New-York tribune. [volume] (New York [N.Y.]) 1866-1924, August 04, 1921, Image 14

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New-York tribune. [volume], August 04, 1921, Page 14, Image 14
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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New-York tribune. [volume] (New York [N.Y.]), 04 Aug. 1921. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030214/1921-08-04/ed-1/seq-14/>

Newspaper Page Text

Huge
Surpluses
And low inventories, with
big stock values, mean very
attractive investments.
Our Investment Survey No.
15, covering the equipment
issues. s#r.t ?rec apon request.
Increase your income by
buying gilt-edge securities
approved by banks. Our
Partial Payment Booklet S-S
tells you how.
S
40 E?PchEnr?e PI.. N. Y. Tel Broad 1331
You are cordial/;, invited to
visit (ht board room.
St. Louis
Southwestern
The most prosperous
railroad among the
Southwestern group of
carriers.
Analytical rcpoi i revi
rr.-i!:.!
?(';'? . ?
izalion
etc., mailed free .
Ask for R-575
KOHaJER,BREMER # (P
? STOCKS -BON
32 Broadway^ Hampton Mctef,
NSVi'VOW AUA1 ..SY
U. S. Steel
Pivot stock of baslo Indus
lysis of un
u ??
Leather Situation
? . ind their
n to I ' ' er securities.
The above and other features in
? ? urrent issue ? ?; the
"Financial Survey"
Copy on request ..
Ask for B, 15,
MO?fi?R&WALLAC?
STOCK 3?PONDS- CJRAiN
l/r.?irac.i^e-?.'\ork.?rvi?ce Zxdtion?f.
//??B&i.-\Coruoi...i9ts.-'. Stoc?xExdriaMJp
er" Neu-York.
33 Broadway 130 E. 42t?? Si,
ph'jmb; wwtuvAU. u*0 I fr.cr.i?V'jiDcsuin ?oijo
Ten Leaders Among
PubHc Utility Bonds
Selling today to yield about
Profit possibilities attractive
Send for special dcscripti\e bulletin.
L. A. HUGHES & CO,
100 Broadway. Tel. Rector 2853
Foreign Exchange Explained
Asfy fjr Free Boomet ?-2
Wm. H. McKcnna & Co.
: rwNTOWN uptown
25 Broadway 25 E. 43d St
Bowling Green ',i>73 Murray ?llll 8U80
Wright Aeronautical Dividend
The Wright Aeronautical Corpora?
tion has declared an initia! dividend of
25 cents a s:>are on the 224,390 shares
ol no par value at present outstanding,
payable August 31 to ?a*ockholders of
record August IT. Net earnings for
. cal year to December 31, after all
.'.eductions, showed $411,349, equal to
$1.88 a share. Gross sales were $1,
486,000.
FINANCIAL
TIIK. AMERICAN TOBACCO COMPANY
Redemption of Serial notes Maturing
November I, 1921
The American Tob ? impany hereby
redeem and pay,
r.n Aufcuat 3; fHoe of Guar
? . ? N w i'ork, 310 ? Iri a I ?
way, Borough of .' - of New
??-'? v. ail, to wit: at par of Its
Series c notes dated November 1. 1618, ma.
-
t accrued ': 1, 1921, to aald
Auguat 15, 1921, and with a premium of
one per cent on the principal of aald
notes. Thia redemptl a ?< In accordance
with the terma of Artlole IV of the tru t
g eem.( Noven : ?- 1, 1918, to whx-h
'. he Ar: erlcan i tiy waa
party of the flrat pi.-', and Guaranty Trust
Company of New fork as Trustee wai
party <.f the second part, whereunder $26,
000,000. ?i par ol rial gold note?
were Issued, Serlea A and Series B matur
Ing respei lively November 3, 1919, and
ber !. 3920, having already been
pald? *.:? '? this notice lj In accordance with
.?aid A
Hoidera of any r.f ant'*. Series C of said
serial gold notea maturing November 1,
1921. mi pre or at any time
aft<?r, August 15, 1921, at the office of
:h:.i Guaranty Trust Company of New
York, and th aid - I be paid vi II h
accrued Interest up to August 15, 1921, and
the premium of one per cent, ?s aToreaaid;
whether '<? presented 01 not, auch notos
shall cea?" to draw interest on aald Au?
gust 15, 1921, and coupon? for Interest eub
sequent to that date ?bail be
'IHK AMERICAN TOBACCO COMPANY,
By .1. M. W. HICKS. Treaaurer.
July 3 4. 1321.
IHK MORT?ilOl.-IKIM) COMPANY
OP NEW YORK
The following !'- >nd? have heen drawn
for payment 1, 3921. on which
date the i e ' ? ries 2, Noa B
???'?, 72*. 12*4, 1J0?, 1430, 1479, 1678 II
i-'-2, and wll) be redeemed a*, par with
Interest to that date upon pr<
\ny of ' ? < places for payment:
in New v ork- -
At 1he offlee of Th? Mortgage-Bond
? ' ot New York, or
At the offlee of Kadenburg. Thalmann
tt Company,
In Lor?
At t*>* Banking House of Poutts ?
' mpany,
In I-.-.
At U ? Banque d*. l'Cnlon Barlalenne
In Amst? ?
A?, ?he Adndnlstratfekantoor''Hroea S
Oosnis;, C. 8.
DIVIDEND NOT.CES
XH.KH-Hr.MKvr com? CO HP ANT.
?il,.
PRE!
T/i? Board ot I
? ?
r-l&rsd
and ONE U/ : I f'KH ' '? ? ''I upoi
?re VVY.YV.S'Y t.h
^?/alii- A ,j .
tl* <jT .-? I
'i r.e 7 .-. ? ?
JOHN B. *
NH.KK-liKvi*..'-1 PO!?? COMPANY.
))l Broa? ????? *
COMMON Vi - ? -77.
. ? , ? ? ? : ; I ;? !
The ??<-?'< *
. .;?..)?'???.?
?
. - ?
' ' ? at I
e*; 1st
'aU* 'lita !"f ",'.r,',/y ?' ???' on
?CjUM'U. GQUKMbb, Ji*?.?<uf.
Realizing Halts
Rise in Cotton;
Close Is Higher
Final Prices 5 to L4 Points
Up, but Oktober Runs
into Selling at Every Ap?
proach to 13 Cents
It was evident from the actions of
the ?otton market yesterday that Mon?
day's government report was still a
factor to be reckoned with, although
the keen edge of buying had sub
ided s imewhat. From the opening,
which was unchanged to 11 points
lower, the murk et held steady, getting
support <ri all dips and meeting South
? -. offerings in considerable volume
ever October approached the 13
level. In tho late afternoon
h realizing developed to depress
Lhe market moderately from the top,
I : ' final prices were still 5 to 14 points
tiM highe
tn the main both crop and weather pos?
ions of the bell was quite
n i gloom; '<,: on pi vi 9 of the week
The further activity of trade Interests in
he buying cod their fears of
a smn 11 crop ? nd mu ;li his " '?' I" lees later
1 the i ??? - n m - 1 red to
culata . ' n - ' pari
- ' . ). inclin, -i m ??; ? h
1 .......
'' ' tun rond
vit*
: : ,' l luri?strl
crop
th tl arge cai n 11 -
to 11 . ? ivas In a
1 as-un rcfl l in lin pour
M 1 ? hei ani 1 ??
A private wire from Li I I 1
1 ; 11 crop conditions, said spot
: was goo. ! :i nd tha t ba ?. - -
ng col ton a- ' lunts. Anol hi - I
Tex , fore< a 1 I I '? ? rst on
1 c-vei
; : j 60 ; : nt of hist
time h o
?ut.-.]
ules
? :. ? . Lluros 11
? ,. : tht , ; 111 time.
: ? O?fil ;
e un I 11 : to . points not
ranging nom LO. 90. I
I . , wi re 3,7:. i bal a.
. ; 1 ? foi spot cotton WttS
10 ; .' s higher at 12.90o Cor
g So sal -n ware reported.
Tha range of, prices:
Tuesday's
Open. High. Low. Close. cl is<
Aug. ... - .-12.33 g.- 12.23
I 12.60 i;
Oct. .. . 12.70 13.07 12.70 ?? I ' .90 12.78
Nov . . . l?.92 12.92 3 ?.92 1 . ! . ?? -I. 03
13.23 13.54 13.1 ? I ; 13.35 13.27
Jan ... 13.12 13.45 13.12 '. < 13.15
' ,68 : 10 ' - 13.41
Apr . . .-? 13.60* ?13.46
A'..y. . . 13.50 13.73 13.48 1
- ! __ 13,55
hern Spot Markets si
urn -, uiged at 11,76c, sales, 151 bales.
-, ly, um haar ??! al 11.63c; sales,
: Memphis steady, 25 points higher
.-? 11.25c; sales, 450 bales. St. Louts quiet,
ts hlghi r at lie; sa les nil. Hous?
ton steady, 10 points higher at 12.10c;
sales, 4,036. Little Rock steady, unchanged
at lie; sales, C40 bales. llallas steady,
10 points higher at. 10.90; sales, 1,348 bales.
Montgomery firm, unchanged ill lie; sales.
25 bales. Fort. Won h steady, 10 points
higher at 10.96c; Bales, 760 bales. Galves
ton steady, 10 points higher at 12.25; sales,
205 bal... New Orleans steady, unchanged
ic; sales, 606 ba!. 3. Mobile nominal,
25 points higher at lie; sales nil. Savan?
nah steady, 19 points higher at ll.VDc;
sales, 150 bales.
Cotton Statistics
Last T,a"st
Testerday. week. year,
pnrt r?ee|pts ... 8.609 12,468 4.151
Exports. 24.366 10,562 600
Exports, season. 2B.3S1 5,508.866 24,026
V. V. stocks.... 156,78-1 '150,577 44,065
Port stocks .... 1,328,624 1,404,327 74.r,,7'^
Interior receipts. 8.170 7,240 1.720
do shipments. 9,340 10,480 2.550
X. Y. arrivals... 1,001 1,650 -
Liverpool Cables?Spot cotton, more de?
mand at 5 points advance. Middling,,
8,27d. Sales. 6,000 bales, Including 5,000
American. Import??. 9,000: American. 7,000.
Futures opened i4ulet at 6 tn s points lower,
closed very steady at 1 to '- points decline.
1 ictober, 8.73d; December, 8..?7d; January,
8.87d; March, 8.98d; .May. 9.03d. Man?
chester: ?arns and cloths quiet.
Cottonseed Oil
The market closed firm, with net pains
of 3 to lu points.
Th? rango of prices:
Tues lay a
Open. High. I.on-. Close. close.
Spot. ... - ?. ?? - S.7.",
Aug....- - R.80@9.00 8.75
Sei '.... PS! 8.90 8.80 8.91 (g S.97 8.85
O ? .... 8.91 9.02 8.91 9.02 i 9.07 - 9
First Bale of New
Cotton Sold Here
The first bal i of n G irgia n??
t n ?.-. ?\s Id rtl a .- ion on the ? ?
i on i. el i ' terdi'.j ;
; a pound. It weighed 3 '.
di and was cla d as .,: -
lev ?diddling, 'i proci ei ? of
sale .will go to charity. The same
bale was auctioned off on the
Savannah Exchange for 08 cents a
pound.
Sugar and Coffee
Haw Sugar Futures
The rango of prli
Tuesday'?
Open. High Low. Closi
Aug. . . . - :- ?
Sopt ... 3.37 3.38 3.27 3.28 S 3.30 3 82
Oct. 3,32 3.32 3.26 3.22
N'ov. - - - - :?;. n
Dec. 3.13 3.17 3.1.1 S.lOff? 1.11 :; I l
.Ian. 3.05 3.07 LOO 2.9
Mar. ... 2.94 2 94 2 90 2.S4 U ? :
Apr. 2.96 2.96 2.96
May. . . . 2.90 2.90 2.90 " - 9 .
Juno.. . . 3.05 3.05 ... I5 :? ?
July....- 3.. 02 .
Coffee Futures
Tho range of prices:
Tues : ?
( ipen. 1 tlgh. l .of. ' '.
\-i:r. . . . ?? - - 6 C '
Si pi. , . . C.77 6.84 6.75 6.74 S/ ? - 6.73
Oct.-. ' 89 10 6.1
Nov. . . . -?. 7.. , - . 0
Dec, . . 7.25 7.27 7.18 7. 1.- ? . I . ?
Jan....- 7.31&7.32 7.31
Feb. . .-.- ? 7 ?.44 r.43
Mar. . . . 7.G1 7.66 7.57 ?.5 I (j 7.55 i
Apr....- 7.64 07.65 7.64
May. . . . 7.82 7.82 7.75 7.74 .;
June....- 7.SI ?:'.'. ?>? 7.84
July. . . . 8.00 8.00 8.00 7.94(8 7.96 7.9 I
Cotton Goods Advance
Active Trading in Gray Fabrics
Brings Price Rise
Augmented activity and sizable
price advances yesterday featured the
gray or unfinished cotton goods mar- .
I'.et. Trading was more activo than at
any time this summer, according to
some brokers, who asserted that con- i
verters were in the market in a large
way preparing for the coming spring
season in wash goods. Bag manufac?
turers, who hitherto have been inac?
tivo in the market, were reported to i
be buying fairly heavily of sheetings.
Sheetings for export also wore well i
bought.
The standard 64-60, 88%-inch print,
cloths, which aro used as a price '
barometer, were sold from Eastern
mills at 7 cents, it was reported, and:
Southern mills also were askfi:..'; this
j price. On Tuesday trading in this con
j struction was dour? at 6% cents, al- ;
I though the supply at this price was ?
scarce.
Markets in Other Cities
Baltimore
Sale?. Open. High. Low. Last.
19 Renesch . 28 28 28 28
100 Citizens Bank. 39 39 39 39
10 Cont Trust. . . .170 170 170 170
SOOCosden pfd.... 3 % 3 "4 3% 3 ? ? :
5 Davidson Chem 35% 35% 35% 35%
65 Houston Oil pf 70 70 70 70
6 Mercan Trust, 23 23 23 23 I
100 Old Town Bk. 13 13 13 13
6 Penn Wat Pow 85 85 85
110 Maryland Cas. 7': 73 7:i 73
10 W 1! & A pfd. 27 27 27 27
Bonds
$3,000 Con Pw 4%B. 70 76 ?4 76 76%
2.TOO do 5s . 98% 98% 98% 98%
2..'00 do 6s . 96% '"1% 96% 96%
. in Coal 5s. . 79% 79% 79% 79%
Brick 7s . 82 82 82 82
2,000 Traction 5s .. 88% 881; 88% 88%
20,000 l.'ni Ily In.... 42% 42% 42% 42%
Boston Curb
Bid Ask! Bid Ask
Arts EJxtll... 1 2 Iron B103S...14 18
Ariz Silver..l8 20 La Rose....15 25
Ariz Tip Top 3 G Majestic... 6 7
Blk Hawk.. 6 8 Mex Metals..? 40
Boa & Mon. 70 72 Midw Moss..? 20
Chief Con... 2/? 2 % Mutual D T.. 27 28
Calaveras ...76c 1% Monarch ...? 15
crystal new.34 35 NatlL&Z..? 3
?h . 7 9 Nixon. 3 7
Eagle B ll.. 2 2% Rainier _ 4 fi
.. Cro.42 43 Svn .Metals.. 6 7
Fortuna ...? 2 ! Silver Reef.. 3 5
Gadsden ...40 Do Un Ver Ext.22% 23
ima Oil... 3 4 i Yukon.1 i%
Iron C'a;,. . . 5% 8%l
Boston
Mining
60 Amer Zlno pf. 25% 25% 26% 25%
10 Barnsdall B.., 16 15 14y? 14 Vj
.) St Hecla..220 22" 220 220
170C.-ir.ion . 11% 12% 11% 11%
20 d mennial ... 8% 8% 8% S%
112 Copper Hang*. 31% 32 31% 32
1 Franklin . 2% 2% 2% 2%
60 Helvetia . 1% 1 % 1 % 1 %
!? Island Creek.. ?7 67 66 66
26 do pf . 82 82 S2 82
" ?? - Con .... 1 % 1% 1% 1 %
36 Mayflower C C 3% 3% 3% S %
10 Mohawk . 48% 48% 48u, 48%
Iplsslng . 4% 4% 4% 4%
65 North Butte... 9% 9% 9% 9%
20 Old Dominion. ; "C, 22% 22% 22%
5 Osceola . 23% 26% 26% 28%
20 Pond ''reek ..15 15 15 16
10 Qulncy . 37 37 37 37
16 8 nsca . 17% 17% 16% 16%
37 St Mary's .... 31 31 31 31
Trinity . 1% 1% 1% 1%
! 1300 Tuolumn? _ 46 48 44 44
lies Smelter?. 30 no 30 30
10 Utah Con? ... 3% 3% 3% :i%
20 Wolverine .... 10% 11 10% 11
Railroads
128 Bo? A Albany. 124 124% 124 124
20 Beaton Kiev.. ...r,'4 66% 66% 66%
20 Boa * Maine.. 20 20 20 20
10 Boil A PtoV.,.128 128 128 128
ION V N H ft II ?7% 17% J7% 17%
16 :.'.,- & w 1 fd 69 69 69 59
10 N Tex El00 pfd 72 72 72 72
lt. Weit End. ... 42 42% 42 42%
? do pfd. 63 63 53 6 ;
MIscellancou?
2Aren Ajrr. 33% 33% 33% 33%
t do pfd. 60 60 60 60
70 Amoskeag .... 87 87% 87 87%
IS A.mn i'nu pfd 13% 13% 13% 3 3%
iray . 11% 11% 11%
"i(,-.. io< k .... 102 102 102 102
100 rm ''-.' M? pfd 80 ?o so go
? Prod. 3% 3% 2% ;i%
31 Libby . 8% *% 8% - .
21 r.09W? . 14% 17 14% : I
10 Man? On? .... 7; % 71% 71% 71 <??;?
do prd. 83 61 81
? ;.. pfd . . 78 78
: ??? '?'. ??? ' :
192 103
'..;,-:; ; 8 8% 8
,?,.,?<: 'toi. 102% 102 '?i 10;
. man . 86 '?< ? '<??? '?>?
?<tiH??f.l .,..~.~ *'% ?e* 8? ?I
no do ist pfd... nr>
30 do fat pfd. .. 39
13?, Vn Fruit.104
K10 l"ni Shoe. 3(3
3 70 Ventura . 3 7 %
205 Waldorf . 20%
Bonds
SI.000 A G W 5s.. .. 46 ?4
1,000 C J H 5b. . . . 77'a
6,000 Mis Rv pvv fis. 77%
7,000 N Eng Tel 5s 84
5,000 West Tel Ds. . S2
39 38%
39 38%
104% 103% 1
30
17% 17%
20 U 20
46%
77%
78
46%
S S %
04
'] 7 ? ?'.
20 ,
46%
77%
7S
84
82
55%
80
80%
as "
80%
4!i
25%
09
Chicago
Sales. Open. High,
410 Arm nur pfd. . . 91 91
150 Beaverboard . . 13% 13%
200 Chi Cy << C pt. 0 6
2S Cmwh Edison, 108% 108%
250 Contl Motora. . ?"? ' ? 5%
50 Hart S &? M pfol03 103
1145 l.lbby, McN & L 9% 0%
SO Lindsay Light. 4% 1 ?
485 Mori tgy Ward, is 18%
2992Nati Leather.. 8 8%
100 Orpheum . 20 20
100 Pe iph -? i las.. . 55 %
'.'.'. Public Service. 80
50 do pfd. 80
loo Reo Motors.... 18
654 Sears Roebuck. 65%
50 Shaw . 45
son stew Warner. . 25%
000 Swift & Co.... 99
8S5 Swift Internl.. 25% 25%
100 Standard Gas.. 7% 7%
175 Thompson .... 42 42
300 Temtor A. . . . 7% 7%
4080 Union Carbide. 4014 47%
25 Wahl . 42 42
1230Tvreat Knitting. 10% 13
80 Wrlgley . 74 74
60 yellow Mfg. . . 90 90
Bonds
$10000 rhl RyssBBs32% 82%
2000 Orr.w Edi 1st 5s 82% 82%
2000 ? Side Elv 4%a 67% 07 .
Detroit
260 Am?r T,t ?? Tr 9 : :j 94
400 Con*. Motors.. 5% 5%
3 00 Mich Sugar . . 5% r. -,
185 Motor Wheel. . 10 30
1100 Packai ! . R% 6%
100 do pf . 62% 62%
25 Parke Davis.. . ?n ' ?
400 Reo . IS % 18%
T,o?,v. Laat. I
90% 91
13 %
0
108%
103
0
108%
103
4%
18
25 %
';- ?
7%
41 J4
7 1 ?
46%
12
4 y?
18
8 ' ?
IS
00%
82% 32 V.
82 % 82 %
67% 67 ,
91% 9*J
6%
Cramp etfa. ?
El S Htrv.110
Lk Sp Crp 7
Lgh Nvgn 63
Keystone.. ?
do pf. . .
Penn Salt.
Phlla Co. .
29
20%
Philadelphia
40 iPhlaCo pf 32
3 1 1 Phlla Eleo 22%
7V4 Phla Rp T 3 6%
63% Phla Trac !
8% Tonoph Bl 1
30 Tonopah . 1%
69% Union Tr?-. 30
30%lutd G Imp ; ' 1
r,%
6%
62%
82%
22 %
17
64
1%
1%
Pittsburgh
13*5 Ark Nat Gas,,
14S Am Win Gl M 67
10 Am W Q M iif 76
200 In.I l!r w pf. . 7 ? ?
280 Lone Star ... 1 '1
60 Mfrs Lgt ,v !r- 16
20 Nal Flreprling 7
100 Nat Flrepfg pf IE
10 ' ibio Fuel Sup. 42%
150 Ohio Fuel ( ill, 14
4 16 > iklahomn Gas 23
30 pats Plato Gl.116% 3
185 West Air Dl ko 89
I 1 6 %
89
Montrent
Bid
A b P A? P . 3 1
Atl Sug I:.' 28Vi
I! T LAP 24
lirmn Pap 22%
1 -,-i n 8 s . 6
Dom Brdg 1 1
Dom Txtl ?'(4% Kifi
do pf...102 103
Lrnt : ;.
ntTn
24 !?
Nati Brew
Krdn I--.;..
? :?'
Stl Co Cn
116%
?
1
Toronto
Adanao .?
Apex.?
Alisa .12
Baili y.
Chnibrs Frl. 8
'S? ... 1
Crown Bsv ,,.5
Dorn 1.
?. 1 M/rthn
Id I:? ? ; l
Hart.ni
:. : ,6
1 .;?.?? Shore
?i'.Ilil/IO ...
%
1%
r Crp Cn
iy , ...
I'i r?n Laiin .
1 01 ? 1 rown.
Pore ;
1 ?
I
Ti akmi
?? ...
1 Vi iff tel 1-uii?s.
What Things Cos?
Yesterday
$1.40'/.,
?8II4
.51
8.65@$9.50
15.60
24.75
.06
.07-fV
,39@
.35?
41
Quotations are ca
FOODS?
Commodity and unit.
Wheat (No. 2 hard.' bu.
Corn (No. 2 yellow) bu.
Oats (No. 2 white) bu.
Flour (spring pat.i bbl.
Beef (family) bbl.
Pork (mess) bbl.
Sujrnr (granulated) ?b.
Coffee (No. 7 Kio) lb.
Butler (creamery, first) lb.
Eggs (fresh, first,) doz.
TEXTILES
Cotton (middling upland) lb.1290
Print cloth* (38!/2?64x60).07
Silk, raw (No. 1 Sin.) lb. 5.75
Wool (fine Montana scoured I lb. .85(5) .90
METALS?
Iron (2x Philadelphia) Ion. 21.50@23.50
Steel billets (Pittsburgrh) ton.... 33.00
Lead (spot) lb.C-J4
Copper (spot 1 II).11 ?A
Tin (Sirait* 1 lb.2C
RUBBER AND HIDES?
Rubber (ribbsd-smoked sheets) lb.
Hides (calfskins, city) 9 to 12 lbs. 2.CO
sh prices in primary vmrkets.
Previous 1920 range.
dny.
$1.43
.82
.51
8.63@$9.50
15.50
24.75
.06
?07rV
.39? .4
.34? .3;
.1230
.06^4
5.75
.85? .90
21.50@23.50
83.00
.044
.lie
.2Cc-4
.13%
2.60
High.
$2.60
2.31%
1.50%
16.25
28.00
47.00
.23
?163/4
.77
.89
'.*
.433
.26
17.45
2.00
53.50
65.00
?09'/;
.19' ;
.65'/;
vz
.54'/;
10.50
Low.
$1.70
.94/2
.60
9.00
20.00
29.50
.08
.06''a
?51/a
? 42/j
.14'/2
.07/2
5.00
.80
33.CO
43.00
.04/2
.12/2
.32
.15/2
2.10
/heat Prices Sag
; Buying Orders
Show Falling Of!"
ie a! Start Fol
by Reaction as
Support Fails; Prospect
of Receipts Weakens Com
CHICAGO, Aug. 3.?Dearth of buy
ially of any from
; ? al prices
.". 1 : j
. . : .23 '
I - ? ? ????,? or, $1.26
? ? .? . ? : to %?%c,
and oaf ' ; ' '??"'? I'1 provisions
. oui was unchanged to ,:-' !&c
1 < ? w n.
VI ?' -? the wheat market displayed
some flrmne a, chiefly a.? a result o? con
:- of rural offerings, Lack
nf expoi del tr i, however, soon began to
,, nee, which was greatly
? word that the seaboard
had n quantity of wheat to
: ? ? was said one Chlcag )
h bacl from an exporter
,i, u a ca m ? led purchase,
culal Ive buy
: ... ? iwners who desired to un
luid only be done at a
. the a nount of busl
: mallest In months.
?,. | were . I ? conl end that the
rfoi tngs was largi ly
had Interfered wit h
a as it. the lowest
level o"l th
proved to ! ? weak from the start
tul i ire and llkeM
ion. I. .;-.,? . toi ks
oats, tiol v\ Ithstandlng
bull?s! I the 1921 yield.
lower wil h hogs and
g rain, ' export sti lea of 2,000,000
?i, un la ol lard.
(?rain Prices
Wheat
Yesterday's Previous Tear
New York: close. close. ago.
hard.?1.40M, $1.43
Chicago?The range of prices.
Tuesday's
Open, lllgh. Low.- Close, close.
Sept.'..'. 1.24% 1.26% 1.23% 1.23% 1.25%
Dec. 1.28% 1.29 1.26% 1.26% 1.23 V*
Corn
Yesterday's Previous Year
New Vorli : close. elose. ago.
No, : yellow..$0.81% $0.S2 $1.66%
i Ihlcago:
ber.68 ?? .69% 1.42
Doc mber .69% .69% 1.20
Oats
Yesterday's Previous Year
New York: close. close. ago.
v... a white. . .$0.49% $0.4WV? $0.98
Ropti mber.:.s;s .38% .70%
mber.4 1 \, .41% .70
By?
Yesterday's Previous Year
Xew York : close, close. ago.
No. 2 Western,
f 0 b.$1.28% $1.30% $2.20%
Flour and Meal
Yesterday's Previous Year
New 5Tork: close. close. ago.
? . :. .Mi $8.6500.50 $12.00013.00
Crnml.1.92% P2.03 1.92%?2.05 ."..v,-, 4.00
Rye... 7.2507.70 7.21 [p7.70 10.00010.50
Bran. . :.' 1.00 25.00 6 i.uo
Butter, Cheese and Eggs
Butter?Receipts were 12.5G9 packages.
Cres ery, higher than extras, per lb, 46%
<rr- 4 0. ; ; extras (92 score), 44%@45c? firsts
(90 to 91 score), 42?44c; firsts (88 to 89
score), 39@41c; seconds (S3 to 87 score),
36(5 I8%c; lower grades, ::.;-,"< .'i:;.-; un
Igher than i-\tia;i, 47(5 I7%c; un
salted, extras, 46@46%c? unsalted, firsts,
. sec nds, 31 '-. 39c. stale, dairy
tubs, finest, 43@44c; good to prime, 40(g)
12c; comn n to fair, 33?39c; la,lies, cur
. ml make, firsts, 31%{ . 2 : seconds, 28
@2S%o; lower grades, 26%@27%o; pack?
ing stock, current make, No. 1, 28%c; No.
2, 27%c; lower grades, 26027c.
Cheese- Receipts were 2,999 boxes. Now
Sfork State flats, specials, 21?21%c; aver
.?:.-"\e; state twins, specials,
c; average run, 2O02O%c; Wis?
consin, double daisies, fancy. 21?21%c;
single daisies, fancy, 21?22c; Voting Amer?
icas, 22(?> :: ;.-: si .t.- skims, 8<S 1 5c.
Eggs K.IptS, .12,475 cases. Fresh
extras, per dozen, 42?44o; ex
? !!?-. firsts 36?38c; Beconds,
'??'?? ?34c; trade eggs, 26030c; dirties, regu?
lo l, 26 3 28c; dirties No. 2
and pi 25c; checks, fair to
try, 22024c; refrigerator (charges
paid !.. expiring dates), special marks,
:- '?? y, 38 . firsts, 35 a 37c : si conds, 31 EP
34c; whites, 40044c; sterilized brown, 39
'?? ;').-; Stato, Pa., and nearby western hen
nery whites, extras, 55068c; extra firsts,
>4c; firsts, 47050c; gathered whites,
firsts to extra firsts, -17 4? 5 4 o ; undergrade?,
S i '??; Pacific Coast, white ,-xiras, 55?
58c; extra firsts, 51?64o; firsts. 47050e
undergradea, 10046c; other western and
southern gathered whites, 34047c; State,
Pa., and nearby western, hennery browns,
extra, 46048c; brown and mixed colors,
gathered, extras, 12?44.c; firsts to extra
firsts, 36 ,Y Ile.
Hay und Straw?Old hay. per ton. Tim?
othy, $25032; n.. grade, $19023; fancy,
2; alfalfa, $18(5 35; No. 1 live, $23?
$24; No. 1 Oat $11012; Wheat, bundled,
$2 .'.,? -1 , Wheat, tangled, $11012.
Livestock, Meats, Provisions
yesterday. Year ago.
Live beef, fair to
??rime, 100 lbs. $7.75? 9.25 $1-1.00 016.00
lires s i .1 beef,
sides, lb .12? 18% .18? .25
: t'eals, c >m
moi to prime,
lbs . 9.00014.00 15.00020.00
D r e s s e d veal,
? Ity, lb.13? .23 .26? .32
Live ? v., i, loo
lbs. 3.00? 6.00 5.000 9 00
- itton,
lb.070 .12 .12? .20
Live lambs, fair
to ; In 100
lbs. 10.00013.00 12.00015.50
Di ? .; la mbs,
. lb.16? .26 .20? .32
" . 100 lbs... 11.50012.50 16.50017.76
i ) r e s s e d hugs,
?. L. on, 11.. . . .17%? .IS .23Vj(cf 24
Pork, hid. 24.500 25.00 33.00034.00
Mess beef, bbl... 12.00 014.00 18.00019.00
Lard, M i .hi I a
West, ! "? !!... 12.75012.85 19.00019.10
Diamond Markets Show
Further Improvement
A continuance of the ?low, hut steadily
upward surge of business in the diamond
markets both here and abroad was ro
ported yesterday. Local diamond dealers
believed that orders received from re
lilei in some sortions of tho country
whore recovery from depression has
been more rapid, nre now beginning to
assume normal proportions. Although
fi i mos! ' ? : n licrs are coming
mi al a faster pace than formerly, the
?rolumi til much below normal.
i he prei m e in t he European diamond
markets of a steadily increasing num?
ber of repn ? of large Ameri?
can diamond bouses, has produced the
in n toring confidence to
.;- Icrs. ' Vll io igh large surplus slocks
of European merchants have not yet
!ii n ' ".iirely absorbed, a largo number
have iirrnin entered the market, nfter an
.dm?? * ix months.
With an men used demand for cut
mom m? n icarcity of rough likely
o be i rn because of 1 he pulley
of the di; ?mi yndicate, there is evory
probability of i ri ??? In prices, in tho
opinion of loading diamond dealers.
Prices Irregular
In Dull Session
On Curb Market
Trend Upward at Stari, but
Offerings Increase and
Support Is Withdrawn;
Cheaper Issues Active
Irregularity followed a general up?
ward movement in prices on the curb
market yesterday, and at the close net ;
changes were comparatively small. The
stronger tone brought out increased '
offerings and support was withdrawn.
The cheaper issues provided most of \
the activity in a dull session. Cities '
Service common gained a point and
several of the other oils showed frac- ?
tional advances.
Most of the industrials were n^;:
locted, no sales being recorded in Du
3*ant Motors or Continental Motor;-,. .
Glen Alden Coal held steady and moved j
within a narrow range.
Industrials
Sale.'-. Open. High. Low. Last. '
2"0 Armo Coal. ... 1 3 A 1 I.?,,
1000 Acme Packing. 1% 1% 1% 1%
von Car Lt ? P\vr? ! ? 3 '. 1A 1A
800 Chi & E 111 Ry 14% 14% 14% 14%
4' 0 ??? p % 30 ', 30 ', 30
2100 Gli n AM I. 34% :, I % 3 I . I
-:'.''. ? , 1 ! .'.
!00 Radio i rp. ... : ? . 1% 1%
7 B 0 0 Swecl Co Am . ... : : \
h 1% : .
: : ? i nd. R % fi > 6% 6%
i Co 23 16 19
9100 -US Steamship 36 36 33 33
i W En 1 Chetn. 72 7 2 70 71
400 ?Willys Corp.. 50 50 43 48
Oils
Sales. Open. High. Low. Last.
2200 ?Allied Oil ... 4 r. 1 5
200 Anglo-Amer O 15.% l"% 15% 15%
' 100 \-i. Nat Gas.. 9 .. % 9 9%
. -Boono Oil ...16 17 16 17
00?B " .. ' S3 77
i C;<rlb Svi . '? 1 ? 1% 1%
Citli-i i-tvI 1.11 ! 1)9% 119 Hin
500 t?o TI h. . 1
? : f'i-l 17 19 17 1 ' '
looi , : , ; ? n % 6 6 'i
? . ? ? r. . -s 49 4 7 19
700 !??? lierai OU .. . I ?' ! '.'? 1% i %
ion Cil md OU. . ' , 1% ' ',
mon i-Glonrocl. OU. ! '? 93 93
5700 ?Hud ?on OU . 38 18 17 17
?? rnatl Pet . 10% 11% 1074 11
soi Maracaibo OU. 21 % :?: ' ? :: 1 : , 21 %
Hexlco 011 .. 80 81
6600 ?Noble O & G 18 18 17
700 i imar O * G. 1 A. I ?V 1A ' '.
700 P.I S Rcf. . :: ' - ' ' , 3% 3 ':,
700 Sapulpa Flr-f C 3 3 % 3 " %
' ? luoj nil OU 10 10 10
1 - 00 Rlmms Pptr.. . 7 7 7 7
on 'i ??? % 3%
2000 St i I of Ind. . 70 7n % 09% 71 ",
? :'- s in O c L 64 64 60 ' 6
Mining
3000 ?Alas! H-T3 CM 35 37 35 37
\ ? p.it Min. 58 5- 58 BS
961 0 ?Big !.. dito. . . 24 25 22 25
? ' ? ? ; . . ? :
'Coi - 78 80
100 Cn ? Cons G M. 1% 1 % !
? ? i|vi le Exti ?:. 32 33 32 33
n 'El Inlvadi ? M 25 27 ! ' 23
n L ( es. il 4 3 41 43
12400 ol lor 43 43 42 43
Gi 17. mp Div 11 12 10 1 !
Ill V) M. 11 11 11 I'
Knox Divide M 10 10 9 3 0
lacNam Min. 17 17 17 17
500 ?McKInley-Dar 15 1 r, 15 1 5
D4i ; ' Mal Tin & T . 5 ' KO 57 r. r
3!. ?Nevada ' iphlr 28 29 25 29
rOO'Nipisslng Minea 4% 4% 4% 4%
POTO ?Rox i lonsol. .9988
500 ?Silv M of Am. 1 A 1A l A LA.
? ?; onopah Dlv., 70 78 7'.
2000 Unit Eastern M 2% 2% 2 A 2.%
Bonds
Sales (000 omitted). Open. High. Low. Last.
lOAl'd Packers 6s. 46 46'/4 46 46*4
16 A T &: T 6s 192 2 98% 98% 98% :> ? T,
5 do 6s 1924_ 97% 97% 97% 97%
10 Anaconda C Ca.. 88% 88% 88% 88%
S do 7s . 9 3 '., 93% ' '?'. 93%
14Ang-Am O 7%s,100% 100% 100% 100%
16 Armour & Co 7s 97% 97% 97
25 Beth St 7s 1933 94% 95 94% 94*4,
9 Chi Lin Sta 6%s.l04% 104% 104 V, 104%
16 Consol Gas 8s. . 100% 100% : 00 ? i 00 "-,
12 Cons Textile 7s. 102 102 102 102
2 Top E A Ss '25.102% 102% 102% 102%
7 <!d Trunk 6%s.. 96% 96% 96V, 96%
9 Gulf Oil Co 7s. . 98 OS 97% 9S
58 Hurnhl?. Oil 7a.. 97% 9? 97% 98
7 III C 6%s*36 w 1.101 % 101 % 101% 101%
342 Int Rap Tran 7s 79% <?'? 79% 80
13 3,1b McN & L 7s 93 95% 95 95%
8 Sears lt 7s '23 3y 97% 97% 97% 97%
69 So West Tel 7s.. 96% 98% 96% 9 %
28 S O N Y 6%s '33.100% 100% 100% : i%
2 do 7s 3921'.. .. .302-, 102% 302-% 102%
50 Swift 7h 1925... 97% 97% 97% . .
30'l>x Co 7s notes. 99% 99% 99% 99%
21 Vacuum OU 7s.. 101', 101% 10! 101%
8 Western Elec 7s.l00% 100% 100% 100%
"S"lls cents i>er share.
Air R?duction Earnings
For the quarter ended June 30, the.
Air Reduction Company, Inc., reported
net profils earned on outstanding stock,
before Federal taxes, of $184,314. Oper?
ating income amounted to $139,588. Ac?
counts and notes receivable aggregated
$1,124,000 and accounts payable, con?
sisting of current bilis, $217,000.
.?-t
Pig ?ron Production
Lowest in 18 Years
''The returns of July pig iron pro?
duction confirm the week-to-week
reports last month that iron and
steel works operations were declin?
ing," says The Iron Age. "In the
thirty-one days of July 864,555 tons
of pig iron was made. This was at
the rate of 27.S89 tons per day, or
more than 20 per cent less than the
June rate of 35,494 tons per day, the
June total being 1,064,833 tons.
"Not since December, 1903, nearly
eighteen years ago, when 846,695
tons was produced, has the country
seen so small a pig iron output as
last month's.
"Pig iron price reductions include
?1 on charcoal and 50 cents on
foundry grades at Chicago. ?1 on
basic and 50 cents on Bessemer and
malleable at. Pittsburgh and $1 on
Southern iron; while in the East
little change has taken place and
some improvement in demand is re?
ported."
L-_f
Steel Makers Ready
To Name Loa*/ Prices
Concessions on Large Orders;
Better Sentiment Follows
improved Buying
"The latest transactions in steel
products have shown substantially the
same low prices that were uncovered
in the previous week, with here and
there a new declino, sheets and plates
apparently being the lines of least re
. tance,' a; ? the I ron Age. "Willing?
ness to name a - vil] take the
busines -. -.-.? tin tonn ige is la : ??.-? i
'>'.'. ? I e al I ?i ade o? the
?? ' companies, albeit i i
is better in view of a somewhat
.... - volume of orders and inquiries
and the feeling that improvement in
other industries will soon be ielt in
iron and : I
"Some publicity 'has been given to
what is called a new and lower sched
;: of prices by the Steel Corporation
iculai - on bars, plates, shapes, tir
:" an ' ihe ': ?, but the figures given
have been tho basis of ordinary trans
more than a fortnight,
"The ? ? ' :.' average of steel mil'
operations in the Pittsburgh, Young
iVheeling distrii ..; some?
what higher this week, due larger/ t
of : that have
be :. ? ? in some cases for severa
.' ? I \ maintenance of the new rate
of activity Is dependent in most case!
,-i o] im :.- . :' '.. ?- next fev
. ."
? le iron Trade Review says: "Con
ficlenco in the stabilization of price:
; apparently is yet to be won hefor?
ivity can be stimulated. Thi
encouraging aspects of the situatioi
ore he increasing evidence of reducec
?-locks in consumers' hands and sonn
expansion of current needs. The bes
buying continues in wire products am
in tubular poods. Sheet demand ha:
: i ked lip considerably the past tw<
weeks. Mahoning Valley sheet p?o
auction this week is at 52 per cent o
capacity, the. best record sine
i lecember."
-.-o
Leather Again Inactive;
Calfskins Continue Firn
Although the leather market, pre
sents a more favorable aspect than fo
some time, trading- yesterday wa
again almost negligible. Despite th
apparent apathy of traders, prices re
ii ained practically unchanged. Th
upper leather division, which up to th
: present time had been most active, i
1 now experiencTng an intensely dul
period. However, tho outlook for
strong recovery within a week is ver
favorable. More hemlock tannages ar
being used by manufacturers, it i
! said.
The calfskin market yesterday dis
I played continued strength. With
: scarcity of skins being felt, the pre
diction made some time ago in call
j skin circles that prices would go high
er will soon bo borne out, in the opir
: ion of leading traders. The dulnes
| prevailing in the finished leather de
; partment apparently has tended t
dampen the enthusiasm of traders i
! hides, which market yesterday was al
most stagnant.
Business Troubles
Petitions In Bankruptcy
The ful lowing petitions In bankruptcy
were filed yesterday In (he l.'n?t.-d States
District Court :
CHARLES BORNHEIM?Voluntary. 825
Tintnn Avenue, Tho Bronx. Liabilities
$t,.:?75; assets $2,331.
LOUIS SCHAEFER?Involuntary. Cloth?
ing manufacturer, 673 Broadway
SCHWARTZ, FRIEDMAN & TUCKLBR
??Involuntary. Jewelers, 132 Nassau Street.
Liabilities $6,000; assets $2,000
CLASSIC WAIST COMPANY?-Involun?
tary. Silk waists, lio West Seventeenth
Street. Liabilities $9.000; assets $4,000.
Receivers in Rankruptcy
The following receivers in bankruptcy
were appointed yesterday In the (': Ited
States District Court:
i'. rrlv.-U Wilils receiver for E. T. Qulgley
& Co., Inc., retail haberdashery, 26 West
Thirty-third Street, with bond of $2.000.
Lawrence Berenson receiver for David L.
Pishman, manufacturer of boys' suits,
20S-10 Wooster Street, with bond of $5,000.
Hertha Rembaugh temporary receives for
Guarantee Tire & Rubber Co., 825 Tinten
Avenu.., Th-_- Bronx, With bond of $1,000.
Arthur Y. Dalziel, of Yonkers, receiver
for Joforde, In.-., manufacturers of women's
hats and gowns. 26 East Eighth Street,
with bond of i 1.000.
Walter L. Bryant temporary receiver for
The Alliance Correct Headwear Company?
manufacturers of women's hats, formerly
at 150 Mercer Street, with bond of $500.
Arthur Y. Dalziel temporary receiver for
The Classic Waist Company, manufacturera
of silk waists, with a bond of $1,000.
Schedules in Bankruptcy
The following schedules In bankruptcy
were filed yesterday In the I'nltad States
District Court:
HARRY HOROWITZ, bak-r, 813 Trinity
Avenue, The Bronx. Liabilities $21,126;
assets $2,00". ,
Discharges In Rnnkmptcy
THEODORE THEODORE?An Involun?
tary petition In bankruptcy, Bled on July 9,
against Theodore Theodore, delicatessen
store keeper, 2542 Broadway, was dismissed
yesterday by Judge Augustus X. ll.f.ui in
the Federal District Court.
Jutlgrmcnts Filed
In New York County
The following judgments were filed yes?
terday, the first name being that of the
debtor:
Argus Steel Products C'orp?X.
V. . ?entrai H. It. Co. 5ino.PS
Argus Steel Products Corp.?N.
V. Central H. R. Co. 513.52
Atiaa Commerce Corp. ? Fire?
man's Fund Ins. Co. of S:m
Francisco . isn.m
Blllettl. Vlncenzo?M. Stern. 120.20
Bloom, Bernard?H. M. Goldberg. 3,003.07
Barrett, Fred G.?Eastern das
Appliance Co. 303.10
Cal' na, Eugene?Serber nul bor
Co.. lnc. 2?7.2e,
Cramer, George B.?I. C. Eberly. 1,033.55
Cummins, .lames D.?Graycroft
(?il Co., Inc. 2,868.20
Clark, Rupert H., and Anna M.
c'lark ,'C- Co. and Ruppert ll.
Clark)?Capitol Hotel Co., Inc.. 112.00
Carlisle, Mary 11. -I. F. Mai i
non . .'.'2-1 30
Dunn, Ralph II- F [I, Klrmayer ? ?.85
Daniela, John B. H. Rahmstodt. 802.45
Eagenfeld, Harrj S. Mandel et
?il . 100.2(1
Ettllngor, Samuel?A Alberts.... 168.05
Flnkelsteln, Isaac, Mose? C. Gold?
berg and Manus Rosenthal?G.
J. Gilbert et al. ?.?'i: t.i
Fields, Low M J. r.ehhvng. 2,660.07
Fiathush Glass Co., Tnr.?p, m,
i loldborgor et al. 227 20
Fiink. l, Henry (II. Frankel)? L.
H. Schindler Shoe Co., Ine.... 342.00
(?olllleh, .Nathan ? Harlem Sugar
Co., I ne. 120.57
Oranlck, i 'ha r?es -i i .lchl ma n. , 132.01
Gold, Israel Stablns Sale? Corp . IB,HH2 10
Halper, Samuel VI s. Birkhahn 300.60
Harned, Frank D c nnsj I van la
Rubber Co. of America, Inc.. 108 ir>
UofHialL William H.?F. iilornan 1,220.91
Klotske, Jonoph, Samuel Selcsky
and Fannle Kletzky?"W Good?
man . 633.91
Kessler, Isidore I ?Broad Divis?
ion Realties In-. 3,188.45
1.unison, .larvts jr?A G Spaltung
& Uro. 104,05
Leber, Joseph and Charles IL fi?
ll" Knitting Mills)?Fidelity
Machine* Mfg Co. 198.71
Leahy, Edward?Essex Rubber
Co. 273.82
Liberty Xtl Bank?United States
Mortgage & Trust Co. 8,559.87
Lichtman, Abraham E?Evelyn
Realty Corp. 198.41
Matchen, Mathilda or Prasch?
W Reisfeld et al. 264.20
Murphy, John F?Joseph Schwei?
zer Ino. 167.50
McAllister, Elizabeth G or Mrs
C T?Tiffany & Co. 277.78
Morgan, Charlea ? Kruskel &
Kruskel ?no. 5,706.05
Meyer, Blakeman O?Peter Hun
derson & Co Inc. 177.90
Mnr tin, Catherine?-Metropolitan
Life Ins Co costs. 833.48
Mav, Theodore?American For?
eign Banking Corp. 168.45
National Amusement Co?M Fed
erman . 316.70
Pinous, John?-H Blendermann.. 331.89
: : M .1 Rougeron 812.37
Purpura, Alexander R?11 l'ols
kin . 351.50
R C Douglas & Co Inc?Fire?
man's Fund Ina Co of San
Francisco . 107.61
Rlsech, Mary?Gimbel Bros IM T 128.02
Rudlnsteln, Louis A?Title Guar?
an- ee & Trust Co. 203.79
Rosonwesser, Lee?Mark Rafal
si-: y & Co. 258.74
PI m.-. Ja nies W?Zengendal Re?
ale- Co. 715.00
Vti.nderhilt Silk & Woolen Shop
Inc?L Kaplin . 2.056.50
Witteman, Lewis Aircraft Co Inn
Bethlehem Fabricators Inc.. 6,4(16.HO
TVolf, Ja:-:- s jr D I Ro -?- . ... 2:6.93
Winoman, Sloven R?Philip Stru?
bel & Sons In.?. 1,345.34
Whitcomb, Eleanor?S E Law.. 399.26
Whitcomb, Eleanor?It K John
ston . 346.26
In Bronx County
nerk-owrtlcy. Meyer ?? Jacobs Sc
rjather Co. $237.40
Brodsky, Abraham?A. Bloom.. 311.24
Raillis, David?L. IT. Hellman. 146.52
Cherna, Max s. Cohen. 182.24
Chocholrrtck, Philip?O. Cohen.. 334.2S
Dlroik, Alex, und Nathan Klumock
?T. Lapan . 1,091.7*
Enlelia, isldore Auto Brokerage
Co , Inc. 509.0!
Eltrot, i-'- : e -: ?Sheffield Class
le Co. 2.085.7C
lan. Harry L. JI. Hellman 93.9:
McCarthy & Dcmpsey, Inc.?Union
Indemnity Co. 1,083.21
Rosenblatt, Mike ? I. D. Young
et -.1 . 73.4*
nfeld, Nathan?S. Cohen*.. r>7.fi!
Wrang, Sam?J, Wishofsky. 75.2!
Si me Same . 214.7:
Zwiebel, Benjamin?G. P. Ide &
Co., Inc. 116.61
Satisfied Judgments
In New York County
The ' - nan la that of the debtor
? bat of t he creditor and dati
ivhen jud :; nu ni w in filed :
Savior, Samuel 1. Stlverman;
March 8, 1921 . 1482.5
Childs Co 101 8th Ave. Co . Inc. :
March 10, 1921 . 312.5
-' ime Mel rop '".in Lifo Ins. t \. .
? h 10, 1921 . 2S7.1
Mary and Jacob ? It.
Hoi ur; July 6, 1921. 437.4
Manhattan Embroidery Co., and
o - nold Stei n Pia :..> \i ualc Co. ;
J. n. 9, 1917 . 530.2
I h iibnei, ' ?? n : i min, and I 'idi Ity
Deposl of Md, People,
Ac; Jan. ::, 1919 (canceled)., l.ooo.o
I .--lu run n, Solomon, a nd i 'Idollty
A Deposit ? '?? of Md. P opio,
Ac, ; Jan. l I, 1920 (canceled). . 6,000 0
Childs Co. -Metropolitan Lifo "Ins,
Co.; Nov. 30, 1917 .4.... 16,672.2
usiness News
itish Merchandise
Available for U. S. Trade, Report
Committee of N. R. D. G. A. |
Wliieh Visited United j
Kingdom Reviews Situa?
tion; Woolen Goods Are
Plentiful and Cheap
Comparatively little merchandise in
the British Isles the purchase of
which can be recommended to Ameri?
can retailers was found by the mer?
chandizing committee of the delega?
tion from tho National Retail Dry
Goods Association, which visited Eng?
land as guests of Drapers' Chamber of
Trade of the United Kingdom last
April and May. The committee, with
Max Hellman, of the Lindner Company,
Cleveland, as chairman, yesterday is?
sued a detailed report on market con?
ditions in Eng?nnd, through the execu?
tive offices of the association here.
The merchandise situation in Eng?
land, viewe! from the American
? :? ?' ; tandp< '.?cording to I
was beclouded with pr rtaintj
hi low grade lines especially
were considered too high for Ameri?
cans to pay. ''The process of prii
nation," says the report, "had not at
the time of our visit been carried on
to the same extent as in the United
States. In many industrial centers
manufacturers appeared to be rel
to quote prices, because they
admil ted th< y were expeel -
price revi in tin
ainty over the labor sil
were unable to say at the of ?
visit how sharply they might reduce
?."
Another interesting phase of the re?
port states that in the main American
manufacturers have developed the use
of machinery to a greater extent than
have the British producers.
Linens were reported to be selling
cheaper in New York than in B
and Dunfermline, and no important
? were found in these centers, in
cotton goods British low end sheetings
and muslins were- higher than th
American manufacture. Fine ging?
hams, however, appeared to be an
advantageous buy for the American
trade.
Woolen and worsted goods, accord?
ing to the committee, exist in great
(lii.-uuit.ies in the United I-, i
prices apparently below those
Storm serges, 52-inch, all wool, 10 to
12 ounces to the yard were qu
2 shillings 6 pence?about 50
"The markets seemed to be full of
distressed merchandise," said the re?
port. Scotch and Irish
Yorkshire worsteds, gabardines and
tweeds were the subjects
comment, most of wliieh was fav
to buying by the Americans.
The report says that in the main
little could be done by American re?
tailers with English made clothing, E i
either men or women. Some of the
English coats and mantles for women
were found satisfactory and th
mittee also visited two men's clothing
makers whoso product appeared to be
suitable to the American trade. Prices
on cutlery are expected to be lower.
The committee reports "nothing doing"
on dolls and toys, adding that i
concerns are buying from G1
manufacturers. Prices of cotton under?
wear were found to be exceptionally
high and British retailers are import?
ing many lines from the United States.
Manufacturers of glass and chinaware
were reported behind in their orders
and unwilling to quote prices.
The only types of English or Scotch
made hose that might sell in America,
aec jrding to the committee, were wool
hose, which were said to be down a
third in price from last year. The
committee believes American mer?
chants can do better in cotton and silk
hose at home. Knitted golf jackets
and women's sweaters also were the
subjects of favorable comment in the
report, which added, however, "prices
on these, in our judgment, have not yet
reached bottom."
Commercial Credit
Commercial money continues in fair
demand. The prevailing rate on com?
mercial paper is 6 per cent for most
maturities.
The American Acceptance Council
yesterday quoted the following dis?
count rates on prime bankers' accept?
ances eligible for purchase by Federa i
Reserve banks:
Bid. Ask.
Thirty days . 5% 5
Sixty days . 5Vs 5
Ninety days. 5% 5
120 days . 5U 5%
Call loans sgainst acceptances, 5
per cent.
Ready-Made Trade
Takes Up Golf Clothes
Medium Priced Manufacturers
Now Turn Out Sports
Attire
Medium and low-priced clothing
manufacturers have felt the augmented
demand for sports clothing and are
now turning out comprehensive lines
of knickered golf suits, etc., which will
retail at the so-called popular prices.
The wide swing toward sports cloth?
ing has been reflected back t
the cloth markets, and tweeds and
homespuns for spring, 1922, are among
the best selling fabrics that have be< a
shown for the new season, accord
woolen goods selling agents who have
opened their spring lines.
The old adage that the United States
was a "worsted" nation appears to be
rtj longer true. For some time wool?
ens, as distinguished frosn worsteds,
have been affected by the high
custom tailors. Tho tendency is grow?
ing in ready-made clothing."
Many of the sports suits now being
turned out by clothing manufacturers
aro of tho four-pieced variety, which
include long trousers as well as
knickerbockers, thus allowing the suit
to be used for business and Btreet wear
as well as for strictly sport, uses.
Sports suits that will retail around the
popular price range of $36 to $50 al?
ready have been bought by the
merchants for fall, and are expe ted to
be shown still more extensive;,
spring.
Honor Collier at Luncheon
Ambassador to Chile Declares
for New Diplomacy
Diplomacy and business both have
come to realize that success depends
upon the consideration of the other
Fellow s rights and an earnest effort to
aid him, William Miller Collier, newly
appointed Ambassador to Cl
day told a primp of American business
men interested in Chile, at a luncheon
given in his honor by the Chilean
American Association at the Bankers'
Club. Mr. Collier sails to-day for
France on business, and from 'there
will proceed to Chile.
Among the fifty guests who attended
were heads practically of all the great
American business enterprises having
large holdings in Chile, including
Murray Guggenheim, of Gui .
Bros.; Mortimer L. SchiflE, of Kuhn, Loeb
& Co.; William Ewing, of .1. 1*. Morgan
& Co.; H. c. Bellinger, of the Chile
Exploration Company; C. M. Barton,
Lo?c Pri?es Fail to
Aid Jobbers, Is View
Quantity selling, which is deemed
necessary to normal trade, has not
followed some of the low prices that
have been named by dry goods job?
bers, according to Thomas A. Pern
ley, secretary of the National Whole?
sale Dry Goods Association, in &
? to the association members, he
a out that sever::! leading job
be have complained of the hand to
ilicy of buyintr which re?
3 still maintain. Low prices do
otity buying, they
say. but lower the profits on tho en?
tire
"In view of the greatly increased
iad," pay.; Mr. Fernley, "the
\ has been I by many
: - - much as we <vre
?'in the small
*\d-to-mouth b
... it will be, necessary ;o make a
is."
tine member, he adds, has discov?
hat his packing department has
beer, doing from 30 to 50 per cent
more work because of the large num
- mts.
'?? Com
m Chile
Crude Rubber Prices Up
crude rubber market yesterday
thralled itself from thy throes of
y and displayed renewed
Prices on all descriptions
w.
?"' . rigs of
toked wer?
as low as 13%
'.
ari and 14',4 cents. Q of first
, cents.
; in the
I ??
to have been a reflection of the
:. mar
?
livers Arrived
Falrehlld Service
akron, omo
A. r ? needle
- Ith av.
VI l.ll!\ X. I"..
Klin? Bros.
or
BALTIMORE
Stewart ? Co. ; ets, ruga
BATTLE CREEK. Midi
s, ladle?'
?
t, ready
en's clothlnf,
SOth it
.s, fur
M A!?.|n..
:h, ready ti wear;
Weill . A". 30th st
Kran Kramer, cotton
lea; 1182
13' way.
J. Mayer ,% Co,; .1. Mayer, coats, gutts,
Julius v Co ; H. Schwartz, cot
ton les, bed
dlngs, bla ' ? . McAlpln.
ns ??- ... :?'.:.m i-.' wi?iams,
M v;?j?n.
BOSTON
? 1 & Co. : 114, coati
and ? ???. . av.
Slatt iry ne, '3r?s??s,'
10 E 32
? Abrams, coat?, shirts, blouse?;
'
????? Co.; N. A. R<V.TariJs, mil
..'? roldery;
. furs ami Hu Is. n seal co*t?;
rs buyers: A. B. Miller,
underwear;
Mr. Ool - rej sentatlve; Ml-??
lite; MlM
? ? buyer:
tresses;
??-I.' Tg. men's
: a v.
Co.; O. A. Gaibraltn,
Ith av.
.1". ]'. C>.; J. Mullen, men'?
I Ipln.
R. ?i : 5am Goldstein, boyf
clothl i
BRADDOCK, PA.
ferrup, men's
? n & Cohen, I W..
BUFFALO
J N ' . Co.; Miss R. B. M?J">.
mmed hats; 16
W S 9th
Henfrerer Co.; Miss M. P. J*ck"
gees; H. Sbee
ntlng : i I W. 9th st.
CAMERON, TEX.
W. ? I . .-ky r?adv t<?
a. Goidmaa
:
CHICAGO
M. B. Clifford, petti
?anoel
I :? Jftcketn; W. J
ready to wear ; C. w?
g goods, sweaters; H. A.
C. S.M?
? Is, hou -? asee; V. P
.-;? : 8. J. Rowell. glove?,
s, ivory Roods, drag stD"
225 4th a-.-.
Platt Co.; S. P. Platt, waists, r?i?
ta; 1182 B'way.
CINCINNATI
M. P. Schwenker & Co.; Mrs. M. B.
nker, su;:.s, Iresses, fura; Pennsyl
CLEVELAND
rn Co.; tshlldren?
coats; i ;-'t-o.. Si "?
I D. Benjamin, repreee?"
Ivanla. . ?
May Co . B. Stauffer. toys; S7 w.
26th st.,
COU MlltS, OHIO
i O. Br??"
:.--. under*
a. m ? rrudsoB
? ; \'.. 27th st r' ..
!' & R. : ..-...: is Co mona?.
ilin tin
225 : ? b av.
Union ? : ?-??? tter, ^m?1*
Cl MItEBLANB, Ml>. _,.
Mrs. !.. La: -,.;-.v?nia
?ENVEB ? ..
Denver D, G. Co.; Mrs. J. M. Keen??.
.
DES MOINES, IOWA AmTm
I,. Ornrrsky & Sons; L Oransky, ?r-a?j
ngs, wooie
are l;*'r *
.
IHTROIT ??
J. L. Hudson Co.; Miss B a'"-"";,',.',:
waists, sweaters; Miss Kearns, assisti??
(Continued en next paon)
LIMITED PARTNERSHIP
G VKS THvT
II \i:i-.V s GRAHAM, who resides *?*..'
S9th Str. et, B ' .HT, J
r K?w York; ARTHUR J
MARK . I at So ? ? -S V-JVw
way, Borouarh ol Manhattan, ? Ity '' -\
S oi .v. and . RAHAM, "??'..' ?
? Ni \ : End Avenue, a.i
' v"'v Vor :'i -to?
to b? co
? ol "'' \yi.
GRAHAM, ? 'i-'> ^?rlt
,
? ? '' '' flAk
" Ot
? r,?
v. i ich the above na
; irtnera wh - ?'
" ' i ' ' :" ''"? " '': ??ire
? GRAH .M I? '??? "Jd
:' fu ; a?e, and tns ?? .
r. mi \M has >?*??? M1',,,,'V,,.
? lia1
That tha ??"
' ',? an
.,,.,. i, ,., term In ?? m
|..ii.- i Ni w v k, July 1st. t?3X
H U?RV S ORAHAlt
AR i'Hi'H -i MARK?
Jpecul ?'artnsA

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New-York tribune. [volume], August 04, 1921, Page 14, Image 14
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924