Evening star., 1921-06-11

Business skies are clearing and the
barometer of trade conditions is ris-
ing slowly but steadily. Statistical
reporfs received here and business
dispatches from various sections of
the. country within the last twenty
four hours, reflect that conclusion.
That there are still clouds in the
business armament Is equally evident
but the silver lining, even OF those
dark spots. is plainly revealed IN tne
light of general conditions.
Perhaps. nothing Is more indicative
Of those conditions or more promising
for improvement, than the attitude of
i both wholesalers and retailers. This
attitude is indicated IN the words OF
one big merchandiser to his subordi-
mates; "The business Is there. Go and
get it." In nearly every section OF
the country there has been evlnced
a disposition to mako up in volume OF
business any decrease in prices that
ing more economical methods OF pro-
duction and marketing. increasing speed
! in turnover and cutting expenses to meet
the decrease in cash received for their
individual products.
Steady Li4aiaatSsn Of Loaas.
This policy. it is reported. has been
specially marked in the automobile
Industry. The eject Of Widespread
cutting of motor car prices in the
first ten days Of this month is report
ed to have convinced members of that
Industry that the reductions are GO
ling to work out to the eventual good
of ALL Immediate. stimulation OF sales
| has been reported In various sections.
Banks in many sections note the
steady liquidation of commercial
loans. and in. some sections the alb
| sorption Of sound securities Is cited
as an excellent sign OF financial con-
ditions.
While building operations. from
late reports. are confined generally
to small dwellings, the resumption OF
construction has been widespread.
with consequent Improvement In lum-
Der demand. With the clipping season
in full swing in the west, wool prices
have stabilized themselves to a large
extent. Trade in furniture and effice
| fixtures il. repofted active in some
sections. while jewelers. indicats In
many cases that. while the buyers are
selecting lower-pricer. articles. the
Volume and cash 'value<of their sales
nearly approach those OF aS2O.
Dark SDofs Of situation.
Liquidation practically has been
] completed by firms. manufacturing
| wooleu goods. and shoes and those in
dustriss amonE ths first ,, attacked .t Sc by Ss
convaIescent- stage. Among the dark
spots OF: the siedation sthis week have
beenAhe fuels--eoal AiAi oiI-and iron
and steel. Even in these industries,
the situation has a brighter side.
! While untitled orders in steel have
decreased and many mills are closed
or working on part time. buying for
repairs by the railroads 10 expected
to increase demand materially before
July, l. increase OF production over
consumption in sthe mid-continent oil
field has brought Z price reduction
of crude oil, but this is Offset some
what by the possibility that the new
takes decreed by President 0eregon
will curtain production in the Men-
can fields. Coal producers are seek
ing new trade, channels. and export
trade to South America and Italy has
been heavy this meath.
ClstAing.
CLEVELAND; Juae 11.-Prices Of
garments for the fall trade manu-
factured in this section, it is ex-
pected. will be fabricated at lower
prices than last year. Prices. 1t is
expected. will, parallel those Of last
February. which,, of course. were be-
low the pre.holiday prices.
| Nstes..
NEW YORK. June I.-Informatier
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