OCR Text |
Show Advance In S i l It . New York, 10. At a meeting of the Silk Association of America yesterday, yes-terday, advices from all quarters confirmed con-firmed the news of tne recent advance ad-vance in the price of raw riik, caused by short crops in Europe and Cnin-i, and it was reluctantly conceded trmt an overage rise of fully 50 per cent, in tue price of the raw uialtri.il, which promises to bo permanent, would make necessary a decided ad vanca in tiie puceof manufactured silks. Manufacturers of sewing si Ik and twist have already advanced their goods 10 per cent, and a further nd-viinceoflOto nd-viinceoflOto 15 per cent, is under consideration and likely to go into etlect August 0th. |