Evening Star Newspaper, October 25, 1921, Page 22

RETAIL STORES IN NEW YORK DOING BRISK C One Dealer Reports More Business in Last TWO Weelcs Tlxan Combined—Elsewhere. BY JAMES ALLERTON. f ecial Dispatch to The Star. NEW YORK, October 25.—The re- \ il stores here are doing & thriving :siness in women's coats, suits and I.-avy wraps and also in men’s cloth- 11z and overcoats. .Gloves also are in ng demand, as are blankets and c:mforters. Many buyers complain t1at the variety of the stocks shown i« small and the fact that dealers are tly stocked is further indicated the immediate effect the spurt in il trade hud on wholesale mar- ts. One clothing manufacturer de- ared today he had done more busi- 8s in the last two weeks than in 1ly, August and September com- v ned. ‘There has been marked activity in Luilding materials. Contractors with Louses in course of construction are preparing against any shortage which way prevent the inclosing of these subs before extreme cold weather. i.rick prices have fallen slightly as) ifudson river brickmakers have rush- cd shipments to market, 8o as to clear (hefr barges for return cargoes of coal, to enable them to assure their| winter brick burning programs. Preparations are being made to Lring in cement by truck from Le- high valley mills in event of a rail- road tie-up. A large advance business is being| placed with jobbers for spring de-} livery of ginghams and wash goods. ‘The carpet trade has taken a turn for the better with increased demand. Pittsburgh Trade Expands; Unemployment Is Reduced BY H. B. LAUFMAN. Special Dispatch to The Star. PITTSBURGH, October 25.—The gradual movement of industrial con- ditlons toward mnormal is reducing the number of unemployed in this) district, and as a direct consequence retafl trade is expanding. Believing that business was to be had, one large department store ‘began this | gl month with a strenuous newspaper advertising campaign_ utilizing many pages of space. Every business day this month the sales of this store have exceeded those of the corre- sponding day a year ago. Merchants declare that it takes more effort to Zet business, but that it is there i1 sone after. Business men here do not expect the threatened railroad strike to ma- terialize, but they believe that as a result of the controversy there will be a general reduction in freight rates, which, it is predicted, will speed up the industrial wheels of this section. Many feel exlsting rates are the factor which alone is retard- ing progress. ‘The great Homestead works of the Carnegie Steel Company have reached 60 per cent of normal production. New steel business is not of large volume, but the cut in the prices of rails and other developments are looked upon as factors tending to- ward increased orders. Big Spurt in Business; New Record at St. Paul BY L. S. McKENNA. Special Dispateli to The Star. ST. PAUL, October 25.—Wholesale and retail trade here has been showing big gains a result of a rush by con- sumers to stock up In preparation for i possible rail strike. An idea of the spurt in busineds may be gained from e report of the Minnesota Transfer Company, which, on Sunday, transferred .530 loaded cars, establishing a new record. The transfer company handles shipments originating in the Twin cities. The clothing trade has been espe- cially brisk. The largest clothing estab- lishment in the Twin cities is agvertis- ing that “business is great and we are in need of extra salesmen.” The credit situation in the northwest s improving. Farmers have sold a part of their grain and have liquidated a large part of their debts. These pay- ments probably will be temporarily halted as farmers are expected to hold their grain now until the reduction in freight rates, ordered Saturday, goes into effect. As a result of credit liqui- dation by the country banks, St. Paul 1 Minneapolis banks have reduced the | e of lvans on commercial paper to 612 per cent. The Northwestern headquarters of the Chicago, Burlington and Quincy rail- read have announced a further reduc- tion of dining car prices, ranging from 10 to 16 2-3 per cent. This is the fourth cut in meudm'lceu made by the road since the ending of government «controL Commodity Reports From Various Sections Iren and Steel PITTSBURGH, October 26 (Special). =~Wire nails are quoted here at $2.90 a base keg., and plain wire, at $2.60 a pound. Sheet bars are nominally quoted at $34, but are said to be sell- ing as low as $29. Plate appears firm, at $1.756. The ruling base price on tin plate is $5.25. NEW CASTLE, Pa., October 25 (Spe- cial).—More men are returning to work in the plant of the Standard Steel Car Company. The plant soon will be operating at 90 per cent of capacity. MEADVILLE, Pa., October 25 (Spe- cial).—The Erie shops have been or- dered closed until November 1. Seven hundred men are affected. Produce. ALMA, Mich., October 25 (Special).— The bean shipments from this district =0 far this year will exceed the ship- ments for a similar period of 1920 by nearly two thousand car loads. SAN FRANCISCO, October 25 (Spe- ial).—Heavy shipments of onions now are on the way to New York and Chicago. Prices to growers here range from 313 to 4 cents a pound. At those prices growers on the De l.ata lands are netting as much as $1.000 an acre. PITTSBURGH, October 25 (Special). +—Receipts of hay are increasing and demand is below normal. Number 1 timothy is quoted at 22.00a22.50; No. 2, at 19.00220.00; No. 1 clover, at 20.00 X No. 2, at 15.00a17.00, and No. 1 clover mixed, at 19.50a20.50. No. 1 oat straw is quoted at 13.00a13. 1 wheat straw, at 13.00a13.50, and 1 e straw, at 12.50a13.00. Oats are dull, with No. 2 white, at 40%a41; No. 2 yellow shelled corn is quoted at 26 ifi?%. and No. 2 yellow ear, at 7al 3 No. Jewelry. NEW YORK, October 25 (Special).— Svhile the holiday demand for jewelry #tocks has not reached the volume of other years, it has been sufficient to enable manufacturers to recall some of the workmen who have been laid off for some time.. ATTIEBORO, Mass., October 25 (Special).—Conditions are qulet in the Jewelry trade. Manufacturers are :m‘nun‘ ;:‘ 50 to ;lol e‘r contdol . ces are declining and a drop 3 about 20 per cent in the gheaper grades of jewelry is expected. OfL. SAN FRANCISCO, October 25 (Spe- pial).~The deadlock caused by the trike in the California oil’ fields is olding down production of crude oil. cmployers are preparing to resume operations under the so-called Ameri- £an, or open sgiop, plan. ! Cettons. .. BOU30N, @siober 35 THE EVENING STAR, eflected in the opening of mew retail| The United Fruit Company will put :tora-. i € the new! con u-ncug. electrically i driven steamer Ban Benito into serv- ice between Boston and Central Amer- icen ports next week. The vessel, which was bullt abroad, has just rived here with a cargo of fruit and onions from Spaln, and will be sent to- Boston when her cargo {s discharged. The voyage from Spain was made to Millinery. NEW ORLEANS, October 25 (Spe- cial)—Business is improving very: slowly in millinery lines, as retailers have failed to clear large stocks which were carried over from last fall. Real Improvement in the whole- sale trade is not expected until spring. LOTHING TRADE shipments of fruit to Europe. — FINDS BUSINESS IMPROVING. NEW YORK, October 25.—The busi- ness situation {s Improving steadily and there can be no doubt that “the corner has been turned,” reports Vice President Reynolds of the Postal Telegraph-Cable Company, who has Fish. rfilurned lf‘l'ul!'l l:l |n;pecl|onu‘lour S e . 1y | through the west as far as Minne- NEW YORK, October 25 (Special).—| gp,js” and St. Paul. “In the east Local dealers report that red salmon|and south,” Mr. Reynolds, says, can be obtained on the Pacific coast; found a distinct betterment in & m: only at $2.35, all cheaper lots having! jority of lines, and, while the situa- been absorbed. tion ‘In the middle’ west still is fn- clined to be spotty, most of the men I talked with were hopeful that the indications are sure that late fall and winter will nroduce hettar husiness minterhwilliivroducsHnAttRENGsIness PAIN AGES YOU~ Milk. LANSING, . Mich., October 25_(Spe- clal).—The Michigan Milk Producers Association has affiliated with the Farm Bureau Federation and plans to operate its own distrtbution system in Detroit to -wipe out middlemen’s profits. in Three Months There has been a slight falling off in the production of cotton goods, as the margin of profit between the cost of raw cotton and the selling price of finished goods has practically disap- peared. ‘Woel. g SAN FRANCISCO, October 25 (Spe- clal).—The Australian wool clip is expected to move to United States markets within the next few days. ‘The market here is steady, but not active. Prices are firm, with a trend upward. BOSTON, October 25 (Special).—Al- though consumption of wool has fallen off slightly in the last few weeks, the prices of medium wools are distinctly firm in this market. Me: H KANSAS CITY, October 25 (Special). —Improved demand for meat prod- ucts, especially pork cuts, due to cool- | er weather, has resulted in a slight upward movement in prices. Sk, NEW YORK, October 25 (Speclal).— Silk continues to decline in price in this market with little demand in evi- dence. Silk manufacturers have be- gun td show spring goods, but as yet have booked littlo business in_ these nes. Bullding Materials. DETROIT, October 25 (Special). Architects are turning out plans for new building operations in increas- ing volume and the market for build- ing materials is strengthening here. otes. MINNEAPOLIS, October 25 (Special). —A plan to place all merchandise for immediate consumption, such as gro-| eries and clothing, on a cash basis with no credit sales, has been launch- ! ed by Minnesota dry goods merchants. The dealers assert that prices could be lowered if all sales were made on a !cash basis and that this is the only method they see that will enable them to cut costs. The plan, they believe, also will tend to put them on a better | brsis to meet mail order house com-| Glass., petition. SEATTLE, October 25 (Special)l—| BUTTE, Mont., October 25 (Special). Crockery and glassware dealers have _The s:.laries of all city cfficials have been booking orders slnce October 1 been cut by order of the city council. at a rate equal to that attained in'The reductions were made in propor- 1919 as far as volume s concerned.. tion to the amount received. The The cash returns from these sales is' mayor was the hardest hit. His sal- about 20 per cent less than in 1920, ary was cut $400 a year. lidekuns GEdle decuibe nutoea: PITTSBURGH., October 26 (Special). —Plant resumptions are restoring many men to their former places on ST. LOUIS, October 25 (Special).—|the pay rolls. The commissioner of Although there are printers’ strikes|labor and industry reports the number in St. Louls and a few other cities injof unemployed in Pittsburgh October the south and west, the paper indus-|15 as 54,050 as against 60,800 on Oc- try is much improved. tober 1. ' McKeesport, which is in this industrial district, had 0 out of Shoes. work October 15, compared with 4,740 SAS CITY, October 25 (Spe-|on October 1. Johnstown has now There has been & decided im-|10.440 unemployed, a reduction of | provement in the wholesale shoe busi- | 2:200 since the first of the month. ness in this section, and this has been NEW YORK, October 25 (Special).— Drugs. NEW YORK, October 25 (Special).— Market conditions here indicate that there is a real revival in the botani- cal drug trade. Prices on nearly all items are very firm. Mexican vanilla beans are quoted at $5.50 to $6.50 a pound. Paper. KA! your Automobile A into the muffler. Prevention of heavy carbon depos- its requires a gasoline that vaporizes well in cold weather; one that can be depended on to ignite promptly and burn up quickly and completely . under all climatic conditions. “Standard’® Motor Gasoline meets these requirements. It is a well- balanced, improved gasoline. By the- utilization of crude petroleum from many sources, combined with per- fected refining processes, “Standard” more. make it. Lubrication with Polaring is both effective and cheap. WASHINGTON, D. C. test the possibility of refrigerator t Carbon is Bad Medicine for THE weather changes from cool to cold, motorists gen- erally use a richer mixture. Then carbon accumulates fast, because a motor can’t burn up more gasoline in winfer The surplus either stays in the motor as carbon, fouls the lubricating oil, or is discharged half-bm'ned‘ " Motor Gasoline always assures quick starts and exceptional pulling power, using a lean, clean-burning mixture. This improved “Standard” Motor Gasoline is now available wherever you see the ©S.0.” sign. You might as well have the best. It costs no You won’t have to worry about carburetor adjustments, once you get “tuned up” to “Standard” Motor Gasoline, because it is as uni- form as nature and science can TUESDAY,’ OCTOBER 25, 1921. France, and it is expected that this order will be placed soon after the Holland order is filled. As the Hol- land sale marks the first important | transaction this year, it has caused much encouragement among dealers. GERMANY'S HARVEST FIGURE The estimated yleld of winter wheat in Germany, according to a govern- ment report of September, was 19 double centners, as against 17.1 1920: for spring wheat, 18 agai for winter rye, 15.5 against 12. 1 spring rye, 11.2 against 10.5; for oats, 14.9 against 15.5. than has been enjoyed In some little time. Reports which came to me from the Pacific coast showed that that section probably is doing better than any.other.” —_———— HOLLAND BUYS TOBAOCO. BALTIMORE, October 25.—A sale of Maryland tobacco which will go ar toward relleving the congestion in the state warehouses here is sa order for 1,100 hogsheads for im mediate shipment to Holland. Ne gotlations are also under way for the sale of 2,400 hogsheais for export to FEDERAL FINANCE BY JOHN POOLE When You See a New Industry Spring Up IG building operations require a great deal of money and we know that the capital to a great extent is furnished by the banks. Baut did you ever feel that a little added money g:lt into your own business or enterprise might p you grow bigger and faster? That is only one detail of our business here. Come in and get acquainted with the many ways We can serve you. 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