New-York tribune. [volume], September 06, 1921, Page 15, Image 15

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

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BROWN BROTHERS c>CO.
Philadelphia
Established 1818
5$ Wall Street
New York
Boston
Private Wire Connections ?
with
PHILADELPHIA BOSTOX BALTIMORE
CHICAGO PITTSBURGH DETROIT
provide facilities for obtaining; quotations and promptly
executing orders for securities in those markets.
A (Jen tur y of Service
BROWN, SHIPLEY 6? COMPANY,
i Established 1810
Head Office
Founders Court. Lothbury
LONDON, E. C.
Office for Travehrs
123 Pall MaU
LONDON, S.W.
Primarily a "Trust Company"
THE New York Life Insurance and Trost
Company has specialized fof more than
ninety years in the administration of Personal
Trusts. Along with this business the Com?
pany has developed banking facilities which
have recently been modernised so as to afford
every convenience, and interest is allowed on
deposits subject to check as well as on time
deposits.
The policy of the management is to continue
to specialize in Personal Trusts and to conduct
its banking business along time tested lines
that will keep it a safe depositary for the funds
of individuals or corporations*
Nrtt* fork ?tf* Justmrnr* man
Sruat (Siratjfmtg
EDWIN G. MERRILL. President
Si WALL ST.
HIV TOBX
Drafts on Europe
Your foreign exchange requirements in most cases can be
met by drafts on banks in the municipal cities of Europe.
The world-wide facilities of Knauth, Nachod & Kuhne for
dealing in foreign exchange are placed at your service.
Our foreign exchange rates are always at the market and
our service is unexcelled.
Quotations furnished for special transactions or daily
quotation service by telephone, telegraph or mail, as desired.
Our telegraph code quotes ten currencies in a ten word
message.
Let our Service Department know your needs.
KnauthNachod& Kuhne
EQUITABLE BUILDING NEW YORK
?'SEVENTY YEARS IN SERVING THE PUBLIC'*
William Whitman
Great Textile Manufacturer, says:
"Whatever you may have agreed to do, even
if it seems unwise or unreasonable afterwards,
is the thing that.must he done at all costs."
SEE the business leader ; study his great characteristics ;
note the main elements in his success. It is like viewing
time-resisting Nature itself, strong and resourceful.
/ Observe a mountain range : one summit rises higher than
neighboring summits. And on that eminence, one peak points
?til? higher than the others. That is the peak of Integrity*. A
?econd, almost as prominent, is the peak, of Courage.
These two characteristics crown all great successes. They
ire as conspicuous in successful men as jutting peaks are eye
trresting in Nature.
The Importers and Traders National Bank offers the best of
commercial, financial service to men of Integrity and Courage
working to a high success, and always stands by its agreements.
THE
IMPORTERS & TRADERS
NATIONAL BANK
OF NEW YORK
Capital, Surplus and Undivided
Profit?, $10,000,000
IT
Bank of the
Manhattan Company
40 Wall Street, ?^ew York^
ti
CHARTERED
I799
I,
Tkafc
Capital, 55,000,000. Surplus and Undivided Profits, S16J2S.?47.7$
STEPHEN BAKER, Pretidtnt RAYMOND E. JONES, Fir? Vict-Pmidtnt
! .Town Oiric*?32 Union Square, Now York
Qoeews Bokjug? OrirjcM?Jamaica, Flatting, ?*?jj Iiland
City, Far Pocka-way, Pockaivay Beach, Petka-way Part,
?*a$idt, Richmond Hill, Elm hurl!, Maiptth, Corana, Coliegi
Point, IVooihatw., RidaeivooJ, Freth Pend
Brooklyn Ornees-?St, Join'i Place and Cypreii HilU
Business News
M? i .?-.-M- i I? I ?tj-P-P-H-?t?-'-.?-""?" '' ?W ????--M?..,??__-_??__._?_-?,?.--.?-??..-??? ?? .-I? ... -i. ?<-.-._-??-> ?.,?..,?.?.-_-?-.
Fur Trade Looks for Best
Season in Several Years
Believes Prices Have Been Stabilized and Are Now
Within Reach of All; Good De?
mand Is Expected
ITH the August sales and the vacation period behind, the manu?
facturing fur trade is looking* forward confidently to the
approaching New York auction and to the heightened activity
that precedes cool weather. Because prices have receded from the war?
time peak to such an extent that most dealers believe furs are within the
reach of the average buyer, a good consumer demand is expected this year.
W
Conditions have changed greatly in*?
the eighteen month? since furs first j
started to retreat from the extreme
prices of the winter of 191SV20. Small?
er dealers who entered the industry
with insufficient capital have in most
cases released their holdings, and, al?
though this action served to break
prices of furs below replacement costs,
the situation in the industry as a whole
was improved to the extent that it
placed supplies in stronger hands and
checked wild- speculation. The low
prices served also to restrict the catch
last winter and brought about a de?
crease, if not a shortage, in the most
desirable skins.
In an endeavor to obtain the views
of representative members of the trade,
in New York on the approaching sea?
son. The Tribune recently asked sev?
eral firms to answer a questionnaire.
Among the questions asked were:
"What are the prospects for consumer
demand for furs this winter?" and "Do
you think prices of fur garments are
stabilized or likely to advance or de?
cline?
Answers to these questions were al?
most unanimous. Prospects for the
current season were characterized aa
"fairly good," "good," "very good," and
"*most encouragine." One manufac?
turer looks for tne best business in
four or five years.
Responses were unanimous on the
point that prices would not go lower.
Many thought that the market had
been stabilized, although it was sug?
gested that if prices for raw furs
showed a tendency to rise there might
be a stiffening in the market for gar?
ments. The opinion prevailed, however,
that the public would show a tendency
to resist higher prices.
Raw Furs Stabilized
The same opinion was noticeable in
raw furs, to some extent, although the
element of speculation was regarded as
more apparent in this line. The ap?
proaching auction would show to a
freat extent the probable price trend
or the season, it was felt, and it was
generally believed that prices would
hold steady, with advances probable in
the more desirable skins.
The greatest demand for furs was
found in Hudson seal, mo'e, Alaska
seal, mink, muskrat, ?tone marten,
baum marten and skunk. In many
cases small supplies served to increase
the demand, ft was said.
On the whole the outlook is far
ahead of that of last year, when the
skin trade was in a state of utter
collapse. The market for the raw ma?
terials apparently ha_ reached bottom
and turned upward. Old firms bought
freely where cash was available and
steadied the decline. Other factors
tending to help included the vogue for
small furs and the widespread use of
fur trimming.
Stocks Believed Small
At present the stock of raw furs is
greatly depleted, according to general
opinion. The market is described as
strong :<nd healthy, with a rising ten?
dency noted in prices.
.Fall offerings can bo readily ab?
sorbed, it is declared, as it is believed
unlikely that prices will advance too
swiftly in view of the fact that it will
not be long before the new catches
reach the distributing centers.
Retail buying has been extremely
conservative, it is said, as many wore
inclined to await signs that the bottom
had boen reached. Moreover, credit had
been strained in some cases. A re?
sumption of buying in this part of the
trade is becoming more gradual, ac?
cording to wholesalers.
It is believed that the total of manu?
factured furs on the market and in
retailers' hands is not large and that
merchandise on the racks cannot be
replaced at prices even approximating
present lovels. There is no reason to
believe that changes will not be for
the better, it is declared.
In the import and export trade finan?
cial conditions of an international
character play such an important part
that it has been found difficult to get
accurate views. The general opinion
seems to be that the outlook for im?
ports is fairly good, but that export
business is doubtful because of" small
supplies.
Women's Clothing Plants'
Inspection Begins To-day
Joint Board of Sanitary Control
Will Visit AU Shops in
Annual Tour
The New York women's clothing in?
dustry is to give itself a thorough in?
spection, from the standpoint of safety
and sanitation, beginning to-day, on
behalf of the 85,000 workers employed
in this branch of garment manufacture.
Approximately 4,000 lofts and other
shops, where milady's wearing appaiol
is made, are to be included in the in?
spection, which is in charge of the
Joint Board of Sanitary Control in the
Cloak, Suit, Shirt, Dress and Waist In?
dustries.
The board is composed of representa?
tives of the manufacturers and the
trade unions concerned, and . three i
representatives of the public-, and in
the eleven years it has been in ex?
istence has benefited the clothing
workers and improved their working
surroundings.
Annual Inspection of the shops in
the industry is one of the most im?
portant features of its work, and that
beginning to-day is its eleventh. Its
reresentatives will visit all the shops,
and will grade them into four divisions,
A, B, C and D, according to the
eafety, health and sanitary standards
they find. Shops getting only a D
classification will be reinspected weekly
thereafter.
The standards established are con-.
siderably higher than the legal re?
quirements of the labor and fire de?
partments, according to the board mem?
bers.
Dr. George M. Price is director of
the board. The three representatives
of the public, who have served since
its organisation, are Dr. William Jay
Schiofflin, Dr. Henrv Moskowitz and
Miss Lillian D. Wald.
' ?'?'? ?
Woolen Trade Looks for
Return of $25 Suit
BOSTON, Sept. 3.?Members of the
Boston wool trade are commenting on
the report from the retail trade that
the $40 ?uit for men does not appear
to be very popular at present and that
a return to the $25 suit would be met
with much more favor. It is predicted
that in connection with meeting this
demand the suits which will be offered
by dealers will not be made out of fine
wool for which extremely high prices
were paid. In order for them to have
any profit, they would be obliged to
make their purchases of clothing made
o? wool sold at half of the lofty figures;
This, of course, it is unreasonable to
expect in connection with goods manu?
factured from the very fine wools. It
will Tbe necessary for the wool to be
coarser for worsteds, all wool woolen
goods, or* low woolens, and purchased
on a basis of from 50 to 65 cents, the
cost after it has been cleaned. It is
stated in the wool trade here that all
factors contributory to a lower cost of
clothing to the consumer are bound to
help business. The price which it will
be necessary to demand for suits made
of the very fine wools, or fine worsteds,
will riaturally be regulated by the num?
ber of customers who car. purchase
thia high grade clothing.
While during the last week the de?
mand for' wool has fallen off, partly
due to a pre-holiday relaxation some?
what induced by the hot weather, and
abo by somewhat lesser activity in
the goods market since the favorable
opening of the goods of the American
woolen Company, it is estimated that
25,000,000 pounds of wool were sold in
the Boston market during August. This
does not include wool which was bought
speculatively and if included would
?substantially raise the above figure.
It is definitely known that one large
wool house sold at least one and three
quarters million pounds each Week, or
a total of more than seven million
pounds for the month.
New Egg Laying Box
tor Silk Moth Invented
NANKING, Sept. 1.- Professor C. L.
Chien, of the college of agriculture
and foreftry, University of Nanking,
has invented a new egg-iaying box for
the aille moth which it is believed may
supplant existing methods of testing
for Pebrine disease In the silk worm.
There have been two methods here?
tofore of making this test, one Jap?
anese and the other known as the
European method, and it is said that
| serious drawbacks of both of these
have been overcome hK Professor
Chicn's invention.
HooverNamesCommodity
Experts of Trade Bureau
Plans for Seeking New Com?
mercial Opportunities Abroad
Are Announced
From The Tribune's Washinnt.cn Bureau
WASHINGTON, Sept. 5.?Secretary
Hoover announced to-day the name of
the commodity experts who will be in
charge of the new industrial divisions
of the reorganized Bureau of Foreign
arid Domestic Commerce of the Depart?
ment of Commerce. He also made pub?
lic the names of the men who will di?
rect the reorganized geographical di?
visions.
With the completion of the organiza?
tion of the new divisions, all of the
important industries of the country
are now placed in direct touch,
through the medium of the new indus?
trial'division heads, with the hundreds
of foreign - commercial agents of the
United States who aro busy digging up
new trade opportunities and extend?
ing fore:_-n commerce in every corner
of tfi* \rorld.
"The men in charge of these divi?
sions," said Secretary Hoover, "have
been chosen from the industries them?
selves and in most instances have
been selected in cooperation with their
trade association, so that they may
| bring to the department not only spe?
cialized knowledge and a sympathetic
understanding of the problems of these
particular industrial groups, but in
turn may interpret to the foreign staff
the needs of these industries and de?
velop the material received in such
form as may be of the greatest use in
the industry to which it is related."
The thirteen divisions now estab?
lished are:
Fuel, under H, C. Morris, of Washing?
ton; leather. Arthur Butman, Boston;
transportation, F. S. Grefe, Galventon;
textiles, Edward T. Pickard. New York;
industrial machinery, Walter H. Rastall,
Dayton; agricultural implements, George
B. Dell. Jamale?, N. Y. ; foodstuffs, E!. O.
Montgomery, Ithaca. N. Y. ; electrical
machinery. R. A, T-undquIst, Minneapolis;
rubber. I', t-.. Partnerton, New York; iron
and ?teel, W. S. Tower, New York; com?
mercial law, Archibald Wolfe, New York;
lumber. Axel Oxhoma, San francisco, and
automotive division, Gordon J^ee, Kochester,
N. Y. Other divisions arf to be added, in?
cluding chemical- and specialties.
The bureau's fivrt geographical division*
will bo conducted aa follows; Eastern
Europe, under E. Dana Durand, of Hornea,
Mich.; Western Europe, Allan G. Gold?
smith, Milwaukee; l.atln Am rica, Thomas
P.. Taylor, Hammonlon, N. J. ; Near East,
.lames A. Robertson, New York, and Fur
Kast, Frank R. Etdridge. of Tacoma Park,
Md. s
Buyers Arrived
ALBANY, N. Y.
Gold Store; Louis (?old, fur-trimmed coats
and better Kind; 3t>6 Oth a v.
AI.TOONA, PA.
Boyd Glenn Co.; R. B. Glenn, floor cov?
ering?; Martinique.
ARCTIC B. I.
Paris Store; L. Hurwlta; dry goods;
Breslln.
ATLANTA
Brown Hayes & Co.; W. B. Hayes,
dresses; Imperial.
/ Af BURN, X. Y.
Foster-Ross Co.; .1. H. Foster, merchan?
dise manager; Morgan *-. Ahrens, 1170
B'way.
BALTIMORE
American Wholesale Corporation; P. I,.
Peck, Imported and domestic toys, dolls and
holiday goods; 354 4th av.
*0. Freudenthal & Son; Carl Freudenthal,
tailors' trimmings; Martinique.
Ber.nhelJoer brothers; J. Berk. Job?
coals, suits and drssses; 1261 B'way; S.
?clomon. - , ,
BKTHI.EHEM, r.\.
,T, Sllberstein; dry goods, notions, mcn'q
clothing and furnishings: Martinique,
RIRMINGH AM,? ALA.
Hirsch Millinery Co.; Abe Kaufman,
women's ready to wear; Imperial,
Loverhan, 'Joseph. A T.oeb; D. Scales,
floor cbv?rings, upholstery, drapery, fur?
niture; care Alfred Fantl. 116 W. 32d at.
Louis Ptaltz; J. Kadis, jobs sweater?;
Ben F. Levis, 37 W. ''6th st.
,' ' BOISK, IBATIO
C C Anderson & Co,; H. W. Bigham,
dry gyods; 11? W. 32d st., caro A. Kami.
BOSTON
Greenwood & Sons; 1. W. Greenwood,
wall paper; Hers.ld Square.
Hub Press Mfg. Co.; M. Cohsn, woolen
and cotton piece goods, flannels, dornest fes;
1182 B'way.
? Cohen, Wolf & Co.; P. Cohen, men's
Clothing; *f4av?rre.
Sylvia & Copplnger; F. L. Sylvia, dry
goods; S3 Leonard st.
Wtut?m FMeneH 8ons Co.; upstairs, Mr.
T.yford, furs; 22 5 5th av.
' , Bl'TLKR, PA.
Weiss A. W.*lnb*rg- H. AVeis. women's
ready to wear; Martinique.
( VMDRN, N. J.
Th? Toadies' Basaar; 1.. Wlshnefsky, un?
derwear, lingerie, furs, fur coats, knit
?goods; .BreaUn. .
CHARLESTON. S. C.
Sain T>.-B?r(>,h:>v; (Sim T>. Barshay, men's
and ladies' read: f?o -wear; Broadway Cen
CUTC?GO
Manden Bro.v ; .!. Cuttlicb, dresses, coats
mid ?-ults: IS K '.'-'?I Bt. ?
fpauli?iig AVaisL Shop: H. Nathan.
waists, su eaters; 2"fi i>th av.. mom 603.
Marshall Field Sc Co.; Mias B. Huba
Walsh Says Roads
In New England
Are Near Crisis
Senator Asks Governor? to
Investigate the Financial
Difficulties of Carriers,
Find Remedy and Use It
BOSTON, Sept. 5.-A request that
the governors of the New England
states investigate the financial dim
eultiea of the railroads in this section
of the country, "and then find the cure
and apply it," was made by Senator
David T. Walsh, in a letter to Gov?
ernor Cox of Massachusetts, which was
made public to-night. Ho said he
would not "venture to suggest a
remedy."
Senator Walsh suggested that Gov?
ernor Cox call a conference of the
New England governors "to hear the
testimony of Interstate Commerce
Commission experts and discuss meatis
by which duo and effective help can be
extended to New England railroads."
"I believe," he said, "the commis?
sion and its experts have information
which the state authorities should pos?
sess. This conference would make
proper recommendations to Washing?
ton for special legislation, if necessary,
and also consider plans for having thu
several, state? ausist In meeting thee?
I difficulties ill unison." '
In outlining his reasons for asking
such ection Senator Walsh wrote*.
"Some reports coming to mc recently
I from official government sources con
| cerning the physical and financial con?
dition of our New England railroads
indicate an impending crisis in our
transportation system. Even in the
face of extreme government assistance
the roads seem to be on the verge of
economic breakdown.
"You are doubtless aware' that the
reputable banking houses have already
refused to make further financial ad?
vances to at least ono of the big N.w
England roads.
"Even with greatly increased rates,
the railroads in New England are not
able to hold their own and they have
already drawn out of the government
revolving fund provided by recent leg?
islation more than their proportionate
share, and in larger measure' than the
roads of any other section of the coun?
try. It is doubtful if tho government
will advance the moro important New
England roadrf any more money in
loans.
"I may make bold to suggest that if
something is not done at once we will
havo to face one of two alternatives:
either that of extending general aid,
implying, as it does, the collecting of
the. necessary revenue to assist them
from our already overtaxed people,
which the national government and
private banking concerns refused, or
the very serious, indeed dubious, one
of embracing some form of state own?
ership."
chlek, furs: Miss E. Probst, furs; T. Th-clc
ery, furs; Miss A. McDonald, umbrella?
Miss M. Williams, women's neckwear-, J. J
O Connor, leather Roods: Miss B. Fannon
leather goods; Mrs. C. Thomson, women'!
suits; Miss V. Anderson, Infants' outfit?
ting; Miss E. BucliU, girls* and juniors'
outfitting; 1107 B'way.
Phillpson; H. Kaufman, flannel middies
novelty knit sweater?; 912 B'way.
Rothschild & Co.; A. M. Eisfelder, laces,
ribbons, embroidery, dress trimming?,
ladies' neckwear; J. A. Alblcz, carpets,
rugs; 470 4th av.
John V. Farwell Co.; C. W, Bones,, wash
goods; 43 White st.
J. P. Friend; J. P. Friend, fall coats
for ladles and misses and Juniors; S. Bolo
mon; 1261 B'way.
Twelfth Street Store; D. Cohen, uphol?
stery, draperies, floor coverings, silks,
sutlns, velvets; 870 7th av.. care of Munzer.
CINCINNATI
Original Sample Cloak and Suit Co.; E.
W. Wise, women's ready to wear; 22 W.
27th st.
Alms & Doepke Co.; Joo Rlnck, rugs,
carpeta; 350 B'way.
CLEVELAND
Klein & Llchtensiat--, H. F. Klein, ready
to wear; ,161 B'way.
May Co.; A. Borger, basement silks, dress
goods; 37 W. 26th at.
M. T, Sliver <"*o. ; J_. C. Hoffman, ready
to wear: Pennsylvania.
Dry & Co.; A. Stern, dresses; Pennsyl?
vania.
COLLMBIS, OHIO
Shapira & Co.; Jacob Shaplra, clothing,
shoes, furnishings; 17 E. 22d st., room ?11.
DALLAS. TEX.
Hlgglnbotham, Bailey & Logan; J. M.
Higglnbotham jr., men's furnishings, un?
derwear, lingerie, hosiery; R. W. Bogges,
woolen and cotton pleca goods, flannels,
domestics; 30G B'way.
DENVER
Neusteter Co.; M. Neusteter, waists,
skirts, underwear, lingerie; 16 W. 3tith st.
DETROIT
Well & Co.; P. A. Stoneburner, floor cov?
erings, drapery, upholstery; J. Constant
binder, representing; Imperial.
Frank & Heder; Miss M. Murray, jobs of
sweaters; E. Kiefer, jobs of sweaters; E.
Kiefer, silks, velvets, dress goods; Affili?
ated Retail Stores, 1372 B'way.
Edson, Moore & Co.; J. R. Tuthlll, floor
fevering?, upholstery goods and curtains;
4 3 Deonard t:t.
Crowley Mllner Co.; E. G. Arufto, floor
coverings; lltj W. 'JJd st., care of Alfred
Fantl.
EA8TON, PA.
Orr Co.; D. M. Lamatle, garments;
Hyman's.
FITZGERALD, GA.
H. Garber, ready to wear; 1181 B'way.
FORT SMITH, ARK.
Berry Beall D. G. Co.; C. D. Southard,
men's furnishings, knit underwear, boys'
and men's hats; G, B. Yaden, woolen and
cotton piece goods, fiirnnels, domestics; 4_
Leonard st., care of Cassen.
HIUH POINT, N. C,
Harry Fine Co.; H. Fine, ladles' ready
to wear; 1164 B'way.
INDIANAPOLIS
Kahn's Dent. Store; Leo Kahn, gen.
md_e; BOO 6th av.
Efroymson & Wolf;- IX W. Ritter, men's
furnishings, hosiery, gloves;. J. 2_.lc.lan.
men's clothing; 116 W. 32d st, care of
Alfred Fantl.
JACKSONVILLE, FLA.
Furchgott'?; Goldy Goldstein, men's wear
and furnishing goods; Kohn Furchgott Co.,
6 W. 32d st.
KEOKFK. IOWA
Irwln-Phllltps Co. ; E. E. Combs, hosiery,
underwear; 72 Leonard at.
I-D8 ANGELES
Cooper. Coato & Casey; J. R. Ford, wash
goods; 377 B'way.
LOUISVILLE
Seven Auction Sales Co.; S. C. Levenson,
Wolf Berman. clothing, shoes, furnishing
gonds: McAlpin.
Hubback Bros. & W*ellendorff; C. -A.
Wellendorff. upholstery, drapery, floor
coverings; Martinique.
M'KEESPORT, PA.
J. D. O'Nell Co.; L. Fallcensteln, repre?
senting; Pennsylvania.
MEMPHIS
Bry. Block Mercantile Co.; A. Echardt,
veils, veilings; Block & Fisher, oaro of
Kirby, 352.4th av.
Summerfield & Co.; H. I. Summerfteld,
millinery; 48 W. 3Cth st.
MINNEAPOLIS, MINN.
Dayton Co.; A. Lerner, mil?, mgr., base?
ment jobs fall coat? and dresse?; II. L.
L:irson, mdse. mgr.: Miss AVilllams, Jobs
coats, dresses, girls' wear; Mrs. I. Castle,
jobs waists, petticoats, middies; 225 6th av.
MOBILE. ALA.
O. Jacobeon Clothing Co.: M. G. Jacob
son, men's clothing, boys' furnishings;
Pennsylvania.
NASHVILLE, TENN.
Lcbpck Bros.; M. Lebeck, women's wear;
Pennsylvania; E. C. Bruce, rugs, draperies;
Ureslin.
NEW ORLEANS
William Richardson Co.; J. F. Scheuer
man. hosiery, underwear, gloves, notions,
embroideries, laces, ready to wear, hand?
kerchiefs, men's and ladles' neckwear rib?
bon?; William A. F-nillan, silks, dress
goods, draperies; 43 Leonard st.
L. Feibleman & Co.: L. Landres, lobs
cheap children's coat? and drosses; Harry
Landres & Bro., 38 W. 32d at.
Lev). Loeb & Co.; Herman Levy, mdse.
manager; ?77 B'way.
T.. Felbel m an & Cd.; J. Levy, linens,
?beddings, comforts, blankets; 43 Leonard
St.
Krauss Co., Ltd.; M. Krauss, dry poods;
" W. 20th st.. care of Livingston A Cohen.
Williams Richardson Co, ; J. F. Scheuer
man, notions, men's furnishings, hosiery;
l!; Leonard ?st.
.1. C. Wolf Co.: J, C. Wolf, floor cover?
ings; Pennsylvania.
NEWPORT, ARK.
S. Hetnemann, women's ready to weir;
Brc-slln.
OMAHA, N'F.B.
M. E. Smith A Co.; H. C. Paul, notions,
ribbons, gloves; C. J. Phelps, mdse mana?
ger, woolens, silks, satins velvets; -00
0th av.
,T. L. Brand?is A. Sons; R. S. Fisher,
Turkish towels (firsts and seconds); S. M.
Goldberg, 1261 B'way.
PAWTICKET, B. I.
Deahy Bros.; C, a. Slvunley, woolens,
cottons; Breslln.
PHILADELPHIA
Waldmari, Fastninn ???.Co.:..George Fast
man, floor coverings; Broztell,
('?Impel Bros.; .1, G. Knapp, m?n's fur?
nishings; B'way and ,''2rt st.
A. Graff A Crfl: A. F. Lippincott, floor
coverings: Imperial.
N. Snellenbui-R A Co.; C, D. Southv. ?rtli,
floor coverings; 3 201 B'way.
Feingold A Slcpln: M. Feingold, B.
Slcpln, woolens; 11?2 B'way, Room 1001.
N. Snellenberg ? Co.; Miss ('. Lowen
stoin, misses'. Juniors' and girls' wear; 1261
B'way.
Herbert Kohn, silks and Venetians; 35
W. 34th st.
M. Fuhrman, woolens: Aberdeen.
Glmbel Bros.; Mr. Scott, omen's furnish?
ing?; Miss Guggenheim, umbrellas; B'way
and 32.rt st. . -
Poarlberg A Cooper; S. S. Cooper, cloaks
arid suits; McAlpin. .
Lit Bros.; Miss Hickey, .muslin under?
wear; 1261 B'way.
Cantor Bros.: H. Cantor, woolen piece
goods; Pennsylvania.
riTT-?Ul'BX'H
Finkelhor Bros.; L. S. Finkelhor, woolen
j and cotton piece goods, flan-nols, domestics,
silks, satins, velvets, men's clothing; 306
B'way, 19th floor.
Pittsburgh Dry Goods Co.; F. 3. Schr?g,
white goods; 43 Leonard st.
PROVIDENCE
Gust&av Saacke, women's ready to wear;
Bresitn.
READIM*. PA.
Shtpirn A Co.; Jacob Nb?pira, clothing,
shoe?, furnishings; 17 K. 2?d st., room 411.
KOCH ESTER, N. r.
Cold Stores; Louis Cohen, 'lambs' wool
polo coats; -???S 5th av.
ROCK M If.!.. S. C.
Frledheim's Pepartment Store; Albert
Friedhelm, men's and women's ready to
wear; Pennsylvania.
S. W. PVyler; S. W. Plyler, general
mdse.; McAlpin.
MAN ANTONIO. TEX.
Wash'r Bros.: A. G. Hoover, ready to
wear; Colllrigv.oQd.
?AN FRANCISCO
Western Woolen Co.; Albert Schwartz,
Robert Karmelenski, woolt-ns, COttoa pteco
goods; Pennsylvania.
SEATTLE, WASH.
Seattle D. O. Co.; U, B. Burton, domes?
tics, while goods, wash goods, blankets;
440 4th av. ,
Western D. O. Co.; E. C. Bold, woolen
piece goods, blankets, bedding?, comforts;
58 Worth st., care of White & Pardee.
SIOUX CITY, IOWA
Davidson Bro.8. ; R. O. Bell. mdse. mgr. ;
M. Nussbaum, laces; R. W. Orcutt, notion?;
leather goods, Jewelry; A. Mlnson. art
goods; W. W. Holmes, men's furnishings;
A. Davlson, gloves, neckwear; H. Flshga.ll,
ladles' ready to wear, millinery; Mis? C.
Weber, children's and Infants' wear; 8.
Major, clothing; A. Kohn, basement de?
partments; C. O. Bott, upholstery, curtain?;
1150 B'way.
SPRING FIELD, MO.
Netter, miman D. ?. Co.; M. Netter,
dresses, conts, suits, skirts, furs fur coats;
Pennsylvania.
ST. ALBANS, VT.
Harold Cohen, dry goods, men's clothing;
Pennsylvania.
ST. LOT IS
Ferguson-McKinney Mfg. Co.; J. E.Mon?
tague, underwear, handkerchiefs, neckwear,
lingerie, hosiery; 329 B'way.
Ely-Walker D. G. Co.; Misa I. Johnson,
Infants' wear, knit goods: W, H. Packard,
sweaters, muslin underwear; 370 7th av.
Schultz Garment Shop; S. Schultz, la?
dles' ready to wear; A. Alexander, 303
5th av.
Famous & Barr; R. K. Lockhart, ladies
coats and dresses; Mrs. lt. K. Lockhart,
missis' coats and dresses; 37 W. 2Sth. st.
Thomas W. Garland; C. G. Andrews,
waists; Pennsylvania.
ST. PATJL
Macey Co.; L. Silverstein. coats, suits,
skirts; 100 W. 32d st.. 5th floor.
Macey'? Co.; Louis Silverstein, coats,
suits, skirts; Mrs. L, Silverstein, waists,
dresses'; J. llerzberg, 100 W. 32d st.
Golden Rule; L. F. Orensteln, Jobs drug
sundries, stationery; A. S. Kutz. ladies
coats; 3 W. 2?th ?t.
WASHINGTON
Woodward & Lothrop: C. L. Best, boys'
and youths* clothing; Mis? M. Dora Col?
lins, ladles' neckwear; Miss E. McGlll,
laces, embroidery; Mrs. J. C. Nourse, Jew?
elry, leather poods; 334 4th av.
Lansburgh ?fc Bro. ; Miss Trotter, dresses,
coats; Welll &- liartmann. 115 W. 30th st.
WHEELING, W. VA.
Shaplra * Co.; Jacob 'Shaplra, clothing,
shoes, furnishings; 17 W. L'2d at., room 611.
Stone & Thomas; E.. J. Stone, ladles
ready to wear; Chas. A. Cook. 276 5th av.
WICHITA, KAN.
Hicks-Fuller Co.; W. <;. Dabler, domes?
tics, niece goods: 329 B'way.
Johnston & Larimer D, G. Co?; W. H.
Klepper, mgr. dept., underwear, shirts,'
men's furnishin-gs; 43 Leonard St.
WILMINGTON, DEL.
R. Topkia & Son; Chas. Topkls, ready to
wear; 333 7th av, J. M. Biggins.
WILMINGTON, N. C.
S. Abr?movltz; J. B. Abramovttz, repre?
senting, dry goods, shoeH; Breslln.
WOONSOCKKT. R. I.
McCarthy D. G. Co. ; B. Twltchell, no?
tions, drugs, jewelry; A. M. Ryan, repre?
senting; 0 W. 32d st.
? WORCESTER, MASS.
C. T. Sherer Co.; D. Kadis, boys* cloth?
ing, men's furnishing, knitted underwear;
134 W. 32d st.
Credit Relief to Farms
To Be Available Soon
War Finance Corporation Near?
ly Ready to Begin Advancing
Billion-Dollar Fund
WASHINGTON, Sept. 5. ? Prepara?
tions for advancing upward of a billion
dollars in agricultural and livestock
credits under recent legislation virt?
ually have been completed by the War
Finance Corporation, officials said to?
night. The corporation probably will
be ready within the next week or so
to function under its enlarged powers
designed to afford needed credit relief
to the farmers, it was said.
The corporation's policy for financ-.
ing advances, officials asserted, has not
yet been definitely decided, but it is
believed that little of the $400,000,000
balance with the Treasury willbe used
for agricultural credits.
Current operations of the corpora?
tion in financing exports are being
carried on almost exclusively out of a
revolving fund automatically estab?
lished by the repayments being made
on the approximately $100,000,000 in
advances now outstanding.
-?
British Labor Fears Split
Trades Union Congress Also]
Worried Over Depression
CARDIFF, Wales, Sept. p.?The an?
nual Trades Union Congress assembled
here to-day under conditions of de?
pression and perplexity owing to the
bad industrial outlook, widespread un?
employment and fears of further wage
reductions. The delegates also seem
to look with apprehension upon pos?
sible disruptive processes within the
trades union movement.
There were 950 delegates present,
representing 6,000,000 workers. Unem?
ployment was the keynote of the presi?
dential address of E. L. Poulton, of
the Boot and Shoe Operatives' Union,
who demanded industrial and political
action to bring into existence "a land
fit for heroes to live in. President
Poulton blamed the statesmen, politi?
cians, bankers and capitalists generally
for this state of things.
Metric System is Opposed
As Too Costly to Industry
From The Tribune's Washington Bureau
WASHINGTON, Sept. 6.?A cam?
paign in opposition to the compulsory
introduction of the metric system after
a period of ten years has been
launched by the American Institute of
Weights and Measures, it was learned
to-day, on the ground that it would
mean tremendous costs to many- in?
dustries.
Thirty-one concerns alone would pay
$21,404,688 for its installation, or an
average of ?715,489.60 each, declares
the institute. The measure is now
pending before the Senate Committee
en Manufactures.
Italian State Railways
Gradually Being Electrified
ROME, Aug. 10 (By Mail).-?The Ital?
ian state railways are bit by bit being
electrified. Every now and then the
government undertakes to add 300 to
400 miles of electrification to the sys?
tem. By th? end of 1922 there will be
more than 2,000 miles or electrified
state railways in Italy. This is ex?
pected to reduce the coal consumption
of the railroads by about one-third,
London Metal Market
LONDON, Sept. 5.?Standard copper:
Spot, ?69; futures, ?69 17s Gd; elec?
trolytic spot. ?73; futures, ?75. Tin;
Spot, ?159 7s 6dMutures, ?161 17a 60,
Lead: Spot, ?23 t>s; futures, ?22 l?s
Extravagant
4p Thrift
FAILURE to properly employ funds is an
extravagance exceeded only by failure to
save at all.
Practical thrift demands more than mere
accumulation of money. It demands the intel?
ligent employment of funds so that they may
be productive of their greatest earning power.
High-grade bonds offer a most practical method
through which you may receive a good return
from the money invested. They are well se?
cured and return an income of from five and
one-half to seven or eight per cent, if bought
at today's prices.
Our September Offerings of carefully selected
bonds recommended by us for investment
will be sent upon* request for AK-416
The National City Company
Mam Office: National City Bank Building
Uptown Office: 42nd St. & Madison Ave.
Bonds Short Term Notes Acceptances
NEW ISSUE
Exempt from All Federal Income Taxes
and Tax Exempt in State of Michigan
$3,000,000
State of Michigan
Highway Improvement
Twenty-year W/%% Bonds
Dated September 15, 1921 Due September 15, 1941
Principal and semi-annual interest (March 15 and Septem?
ber 15) payable at the office of the State Treasurer, I.ansinjr.
Michigan, or at office- of Fiscal Agency in 'New York City.
Coupon Bonds in the denomination of {1,000 regtster&ble as
to principal and interest.
Eligible to secure Mtostal Savings Deposits
Legal Investment for Savings Banks and Trust Funds In
New York,Massachusetts,Connecticut and other States
FINANCIAL STATEMENT
(As reported Aug. 31, 1321.)
Assessed Valuation .* . $5,773,844,126
Total Debt (including this issue) 39,550,000
Debt is less than % % of Assessed Valuation
Population, 1920 census, 3,667,222
These bonds when issued will constitute a direct and
general obligation of the State of Michigan.
Having sold a large percentage of this issue, we offer the unsold
baianee when, as and if issued at
104.30 and interest to yield over 5.15%
Legality to be approved by John C. Thomson, Esq., of New York,
also by
Attod??u General of the State of Michigan.
Lamport, Barker & Jennings
?Inc.?
44 Pine St., Cor. William St., New York
Telephone John 6341
The above information while not guarantee?1! has beer, obtain?'.!
from sources which -we believe to be accurate.
Th^New^VbrkTrust Company
Capital, Surplus & Undivided
Profits - - - $26,000,000
Offers a complete commercial
banking service, both domestic
and foreign, together with unex?
celled facilities for the handling
of all personal and corporate trusts.
Main Office
?26 Broad Street
Liberty Office fifth Avenue Office
120 Broadway 57th St. ?2? "Fifth Ave.
CITY OF COPENHAGEN
3V_% Bonds of 1902
Having annual drawing? at par
which gives high average yield.
Ask for Circular E-10S.
HUTH & CO.
39 line Street, New York.
Telephone: John 6-14.
RAILROAD BONDS
$rrtue& lintel?
SsUbHs-isd 1878.
Members Net? Yerk Stock Exehanf*
52 Broadway New York
CONSERVATIVE INVESTMENTS
Securities purchased outright; on
Partial Payment; or on margin.
Correspondent? invited
John Muir & ?0?
Members New Yerk Stock Etchemt
81 Broadway New Yerk
"Baby Bonds"
$100 & $500 Bonds?all issues
Hartshorne & Baitelle
jlimtxr) Uew Jerk Mtemk Meehane*
2S Breed Street New York
TELEI?HONE : BROAD 77??.
standard"
! AU Lots of O Bought *wl
Standar?-Oil j Sold at tk?
Stodu 1 Market
?CARLH.PF0R?4EIMER?CC
! Phsns 4M0.1.?-3.? -gRto. S5 Bread St.N.T.