Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-04-14
TRADE OUTLOOK BRIGHTER
Iron and Steel Calming Rapidly
Railroad Buying More Evident

Substantial evidence Of improvement
in business is reported by r. @. Dun
4, Co. in their weekly review Of trade
conditions in the Philadelphia district.
The iron and steel market, always &C.
cepted as q barometer Of business con.
ditions, shows steady gain. Rail
road buying is becoming more evident
and structural steel is in increased de.
mand.
The clothing trade has shown i'm
provement in the last sixty days or so.I
Manufacturers Of dresses and skirts
report considerable advance business,
with a number Of the larger plants run
ming at 100 per cent capacity.
The review, continuing, says in part !:
"Jobbers and wholesalers of cotton
goods have had q very encouraging bust
ness since the first Of the year. Orders
for immediate and future delivery have
been placed freely, except in the min.
ing districts, but owing to the con-
has fallen of considerably.
"Jobbers and wholesalers Of woolens
report o fair .sized but steady business
for the past few months. Prospects
are looked upon as favorable.
Local yarn market remains quiet
and rates are rejecting a condition OF
oversupply. Early activity is not looked
for, although several fairly large sales
of yarns are reported during the past
week. Dealers appear to be resigned
to q further waiting policy.
Local wool trade remains quiet,
with but little activity. Buying is most
ly in small lots for immediate require.
ments. Prices are firm and better bust.
ness is looked for after tariff adjust
ment.
"A steady improvement is noted II
the local lumber market, which is at.
tributed to some activity in building
and considerable repair work, both II
and out Of the city.
BOX makers are reported as maxim,
larger purchases than for some time
While mills are not working to full
capacity, they are more active thar
for some time past. Prices are holdinl
firm.
"There is no change Of moment 1,
the local coal market, which is virtual.
at a standstill. owing to the strike sit
uation. Consumers Of both anthracit
and bituminous have stocks on han,
which will last for some time, and n,
immediate break Is looked for.
"The leather market shows particula
activity in betting butts and fndin
leather and more desirable stock is q
a premium, although there continues
large surplus Of lower grade sol
leather. Glazed kid has not shown a
great activity generally. The deman
for choice selections continues good IN
inquiries indicate preparation for man
ufacture Of shoes on a larger. basis
the near future.
"Shoe dealers report sales spotty an
retailers are reluctant to place order
beyond their immediate needs.
Millinery houses are doing fai
business and seasonabls, weather has in
creased sales.
Canned goods are scare and firm
Demand is light. Tomatoes are scare
and steady to firm with no change fc
the week. Spot corn is active IN
fairly steady; cheap peas are short an
wanted. Canned fruits are scarce an
frm. with pineapple as a leader. Drie
fruits are quiet.
Coffee shows an upward tendenc,
although moving slowly. All grad,
Of Rios and Santos are higher, but jot
bers have not changed price, but wi
II advance Is maintained as is el
pected.
"Tea is strong. orders are small, b,
active with firmness In all grade
Sugar unchanged, some refners a.
quoting 5.25c. others $500. Demar
for refined sugar Is light. Raws sho
firm undertone.