The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-04
WHOLESALE DRYGOODS LINES
REPORT STEADY IMPROVEMENT
Stocks on Hand, 20 to so Per Cent Less Than
Year Ago, Show Potential Demand.

certainly about the revenue law and
the railroad situation and the posi- :
billty of enactment of the American
variation clause in the tariff law,
as Wen as very low prices on farm
products.
proper adjustment of railroad
matters will bring added employ
ment and the starting up of many
industries, which will increase the
demand for farm products. The
value OF our merchandise is about
20 per cent less than last year and
the physical quantity about 20 per
cent more. Our stock Is practically
the same as two years ago in value
and physical quantity.
William n. Moore Dry Good.
Company, Memphis, Tenn.
We do not anticipate pronounced
Improvement In business generally
this year, but we anticipate gradual
and continuous Improvement. Our
immediate section 10 now expert
enclng considerable prosperity. due
to the comparatively high price
that is being paid for the cotton
carried over from the past two
years.
While business is good with US
now, We are not excited about II.
regarding the pronounced improve
ment in our territory as only tempo
rary. with a gradual improvement
to follow.
The chief retarding influences TO
general business activity. in our
opinion, are unsettled national and
International affairs, including ad-
justment of foreign country indebt-
edness to US: satisfactory peace
treaties, and, in our own country,
definite legislation with reference
to tariff, taxation, and the regula-
ton downward of railway rates
High freight rates, in view of the
low prices for our farm products,
have been one Of the many local
conditions that have retarded the
activity in business. Undoubtedly
freight rates should and must be
reduced.
The value of our merchandise on
hand October /. 1921, was about so
per cent of what II wa. the same
time last year and abo6t 20 per
cent more than it was the same time
in 1919.
The physical quantity October !
last was about the same as last oc-
tober. and about 20 per cent more
this October than in October, 1919
NJ. e. Smith q Co., Omaha, Nebr
We do not expect a pronounced
Improvement in business this year
There has been some improve
ment in the past sixty days, and
this we think will continue through
out the coming year. This country
however, is essentially Agricultural
and no pronounced Improvement In
general business is possible until
the prices OF farm commodities are
adjusted to a level corresponding
to prices Of other commodities
Our stocks on October / were "a
per cent less than one year ago and
l y per cent less than in 1919. We
estimate the physical quantity OF
our stock to be rs per cent less than
last year, and about the same as in
1919.
Rice-sttx Dry Goods Co., st. Louis
Mo.
We do not anticipate a pronounc-
ed improvement in business this
year. but rather a steady improve.
ment
We consider the foreign situation
the chief retarding influence.
The value of our merchandise Is
46 per cent lower than last year and
% per cent lower than two years
ago. We believe the physical guam
tity Is considerably lower than last
year and also lower than two years
ago.
#. A. Patrick & Co., Duluth, MINI
l. We do not anticipate pronounc-
ed improvement in business this
year.
2. We anticipate moderate i'm
provement in business this year.
3. We do not expect pronounced
improvement until next spring.
4. We consider defation, taxation
and consequent unemployment as
the chief retarding influences.
5. Our merchandise on hand Is
worth IS per cent of what Il was a
year ago and almost exactly 100
per cent Of what 1t was two years
ago.
8. The physical quantity Of our mer.
chandise on hand Is fully as large
as last year and considerably larger
than two years ago.