Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-03-31
LlTrLE ACTIVITY IN COTTON
Weakness In Raw Article Held Re.
sponslble for Apathy In Trade

SSSVSsS'~ wv NPos'y '" ''S
Weakness in raw cotton is held re-
sponsible by local cotton n-yarn dealers
for the general apathy that exists in the
trade. says the weekly review of busi-
ness conditions in the Philadelphia dis
trict by X. q. Dun & Go. Price con-
cessions are more numerous and there
is n tendency toward the softcning OF
prices. About the only bright spot in
the entire situation. dealers report. is
that the stocks of users Of yarns are
becoming low and that replcnishing will
soon become an absolute necessity.
There is little trade among wool deal
crs and immediate bctterment Is not
expected: \ waiting policy prevails,
pending permanent adjustments Of the
tariff.
The review. continuing. goes on ia
say:
Paint manufacturers. dealers in
paints and painters supplies repor,
business quiet. although during the week
there appears a slight increase in the
amount of orders and contracts. 1t Is
believed there will be a small but steady
increase during the spring. There is
little change in prices. and collections
are reported slow.
The paper trade shows some i'm d.
provcment. Orders are increasing some :
what. although there is little dealing
in futures. Prices are inclined to ad-
vance. although. to some extent, are
huctuating.
"The leather, market is dull. Prices
are steady and purchases are in more
liberal amounts. Glazed kid is fairly
active. Steady improvement is reported.
Skins are high and finished leather is
steady. Wholesalers and manufactur-
ers report orders increasing in size and
number. although there Is a tendency to
buy only for immediate needs.
Manufacturers of mems and boys
clothing report some activity. owing to
opening of spring season. Orders are
small and mostly for immediate deliv-
cry. Collections are slow.
Manufacturers of waists report q
slight increase. especially in cotton
waists. 4 number of the larger plants
are working to fun capacity and pros
poets are encouraging.
THE wholesale leaf tobacco business
has been rather dull during the week.
Moderate inquiries have been made for
Pennsylvania and Connecticuts. but
sales have been small. Porto Ricos are
in fair request. but held ut high prices
Havana and Sumatra are being sold In
small quantities for immediate uses"
Manufacturers of dresses report
considerable activity. owing to spring
season. However. orders small and for
ln1, hn
hand to mouth business.
".Jobbcrs and wholesalers of dry
goods state the trade continues fairly
active. Orders are principally for i'm
mediate delivery, not inclined TO place
any advanced business. Many orders
have been taken especially In the coal
regions awaiting confirmation. owing to
the intended coal strike. Collections are
somewhat slow and prospects appear
encouraging.
increase during the week. and while
thr same period of 1921. q general in
crease : anticipated. Prices remain
about the same and collections are slow.
Wholesale grOcers are quiet. Canned
goods are dull There are no new opening
prices. Jobbers are buying against ac-
tual and pressing needs. Prices in gen.
rral. while firm, show Il decline from
last year anu shortness Of supplies will
tend to keep prices firm. or higher, until
the new pack arrives.
''Spot coffee is unchanged. Milds are
firm. Tea is active with general up
ward trend. There is scarcity of medium
and choice Ceylons. Sugar is firm with
but moderate demand. Fine granu-
lated is SOLD on basis of J.4Oc.