Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-05-26
STEEL TRADE IMPROVES

V0yvVO OOmUU0 vOV OSVUVSUVos W.
tsrlal--so Come Mills. on Double Time
Sales of most stsplss have not nAia.
tanned the level of the psevi0us week,
provement, sAye Dun's Review In 4
summary Of business IN the .Philadei.
phia district. The iron ard fteel HIof.
ket shows an improvement, ana INDUS.
trial plants are 0peratfng at greater q.
pacity. Demand 10 more active for struc.
tural material and Aorie mills are work.
Ing on double time.
The review makes the following com.
"Pis iron melt 10 incvsasing satis.
factorily. Foundries throughout the
country are settins into better pro-
insly busy. Some report they sre -.
curing better psices for their castinGs.
No single industry IL SesSoAsible for
the Improvement, but apparently the
entire eountry 10 moving ~. to q more
active, normal basis. Even the machine
toolmaI6rs feel the revival anA IL 10 ~.
pccted this improvement Will soon BE
reflected in the local foundries, Which,
up 70 the present. have had LITTLE TO Do.
"PAint manufacturers, d0alsfs IN
paints and painters supplies report q
siisht incrcsse. Purchases aoosAe 70
he in large Quantities, bsit the volume
Of business 10 lees then anticipated, and
no decline 10 looked for In the near IA.
ture. There 10 little change In prices
and collections are reported slow.
wallpaper IiiAnufactufefe, jobbefs
and dealers report, while there 10 4
moderate increase in business, puf.
chaseS 4fe IN tmall Quantities and ltss
than generally expected during thia pe.
riod Of the year. 1t 10 believed there
is a moderate increase a.. a. compared
"rhe hardware line 1howi steady,
but siisbt. incrSlSs. IliSfe ts4nAs u
be a steady demand for almost All li,eA
Of builders and shs1k hardware, o. ven
az house furnishing goods Gnd autonto.
bile accessories. which 10 soh very
LARGELY in connection with the hardware
business. This IL probably due to the
fact that most retail merchants have
not replaced their stocks Of riAefthAfl.
disc In . biz way, ana now thAt the
demand IL made BY the cofisuminh pub.
lie. the retail deAl6r IL obliged TO 10
out and replenish many items which, IN
turn. bling incieAsed orders TO the
wholesaler. Owing to the reduction In
prices, as compared with. 1921, it 10
believed the pfohts would not chow
much increase over the same period
"The condition Of the cement merkat
remains unchanged. owing to building
activities. There ID . good demand,
and prices are huctuatinS.
''The chemical. market shows some
for some lines. Prices continue little
low. -.
''The paper market continues 10 show
some improvement, There Is a fair In.
crease in sales. although buying prlhci.
pally is in small lots for immediate
needs. Prices are. huctuAeins, but Ia
clined to advance.
I'm the oil market present indiea-
tions point to better business. More
and larger Inquiries are received. and
the Increase In price Of crude oils u
an indication toward better business.
1.-THE electrical trade reports an In.
creasing volume OF business. Jobbers
and retailers are busy on demand fof
household spscialties and labor. sAvin1
devices. Building operations shSW ID
increase which Is cAusink ! more Active
demand fot wiring and riinttAilati0n
work. Manufacturers are attivN ana
the general situation 10 tsport4d "a
show an Improvement. .rs !,
,,.!. Th. =. ,:ata., !,:.,I nafs s.,a: 9uss .ad
IN better demand and SabStantisi az
81 medium grade sole leather u noted.
Shoe manufacturers report 4 fair in.
crease IN demand for kid shoes. Black
elaxed kid Is in only moderate de-
rnand, while colored leathef u selling
well. Prices remain firm ana raw ma :.
terials are hifh.'