Show DRY GOODS TRADE IS AT 1 T RECORD FIGURES ll Air New Now York Jan 30 Call Call mone money which Is moro more a a. commodity now than thana a measure of or commodities was strong strong- I again In Wall street today advancing to 20 0 per cent by tn middle of or tho the aft aft- I This Imparted strength to other special specialties Lies on the tho stock exchange r with the result that same sarno sharp upward up up- ward d movements were recorded la is a persistent short interest in call money and It was supplied today toda at nt the high rate but with considerable misgivings ings on the part of the tho bankers who control the corner In this commodity commoditY- Some of at those earnings reports are even more remarkable than those alread al already al- al ready read read published They The prove that there has been great activity in nearly nearl every department of or commerce Just now the dry goods trade trado claims to be overwhelmed overwhelmed over oYer- whelmed with buyers ers from Crom the south and the west who come here With these buyers for retail stores they ore telling them to mark marJ down their ached ached- ules tiles 50 O per ct cent nt before calculating their credits This Is forcing thorn them to buy less Jess than the they want but hut even ven BO so BOthe the total of oC bills actually actual I recorded Is a record breaker Wall all street was Jed as to how to Interpret t the advance of or 10 per cent In wages by the steel corporation That seemed easy for time the professionals The They time the fact tact that the time called attention u to u ft- ft steel corporation is always alway 1 iasi 1 10 LV aa- aa vance prices of or materials and always alwa's I first to advance wages There Is no doubt that It will meet the 10 per cent advance for tor material announced by hY the independents The 10 per pel cent advance I In wages is a token of ot friendship to the who remained faithful during tho time great strike D By making that advance ance In wages tho the steel corporation corporation corpo corpo- I ration Insures Itself against labor troubles troll trou bles bios for tor years ars to come It will be very ery difficult for an any an- agitators to make I hea wa waIn in its mills I The Time point of view In regard to the tho I financing or of foreign business that was published in ill this column yesterday I seems to La meet the time approval of or most banking experts The balance being and not moro than 1000 being accounted for by the transfer of cash and securities It Is I certain certain tam tain that must be holding somo some of exchange e. e But tho the other sl side e of at the stor story Is that with o of exchange al already already already al- al ready held hel b by speculators and amid Investment Investment Investment Invest Invest- ment the limit of or buying of this kind of ot paper must bo ho about reached for the United States Therefore further offers rs of or foreign exchange must find fewer and fewer tt tabors tn ers It Is e- e even een en possible that a a. sharp break might cause causo some of or those who purchased exchange for speculation to turn loose their line in which event there thore would be a general smashup It Is a smashup of this descrIption description de de- de- de that Is depended on to bring exchange down under 3 cr very suddenly some of or these days But nut on the other hand tho the United States has already alread pal paid for ert A. A least of European goods that It has l not purchased Therefore one can look ahead and see cas easy money mone for r forthe forthe the international market markot for tor years to come France is planning planning- to float a n. abig abig big bond issue for tor tho the purpose of ot buyIng hIm buy Ing Ing- Ingup up the tIme exchange set sot afloat In America by 11 French merchants and consumers con con- sumers somers of American goods con I I |