Omaha daily bee., 1922-06-12
Trade Review


~ - ~. utS . ".
Despite nee elements of anesrtsiaty In
10 .sm. iaas.,,iss The sss.as.s r.sss.,s
10 bslns e4tsAdsd. Ahatsmsat sf demand
~ certain aasftsEs has foiiessd recent
large purchasing, but Indicates no diminss
70" =, % @ ssai'a.as;, , sna a.. i:'s. s.s.;. ,.
auotstieas Demonstrates that tAs apssId
price trend 10 gathering msmsntam, The
states Of different sellers has been
BY The placing % impes,sn,
contracts, snd the sisttstiesi positisn ef
sems primary markets has changed 90
deeisissiy that offerings Of goods for for.
ward delivery has been reduced eensidsrs
ably, With Doubts about future supplies
Of some Fav mslsrlsis and finishes prod.
10 pursue . paliey of waiting, ana ss0evs
iines that have been soiy 10 sApsrtsaes
revival are now developing Noticeable se'
tivity. Mentally records Of pig iron out.
put are eonspieuoasiy fsvosseis ssd eaIla.
returns Of failures reflect the smiiination
of many Of the weak spots from the sem-
msreiai situation. Other bsrousstsss cleo
afford vnmisiskabis evidence Of smprev'
rs .nn ss 81 sss
mage resulting from the miners strike.
give proof Of . larger distributleHoof Of sea-
sfsi commodities,
CemwsdNy psses Rise Extended.
Rsfieetins the changed demand ana
supply conditions. commodity pFteee are
recovering. Recent movements Of wsois.
sale quotations had forsshadow~d . tvs.
thsr rise In the monthly indss number.
an Duns compilation for yune ! discioses
an advance Of IL per cent This 10 the
same rate of Increase that oeeurfed IN
the immediately preceding month, and the
upward trend has continued almost with.
out Interruption since last October, COM
pairing with the basis Of . year ago, the
general price level 10 now higher by only
abou, :b per cent. but the advance IN
much more marked. Thus. the clothing
class. largely because Of the enhanced cost
OF textile raw materials. has risen ap.
proximstsly 10 per cent.
Deeilss In Business Mortality.
Supporting other evidences Of business
Improvement, current statistics disclose re-
duetions ~ both number and liabilities Of
1900. the May defaults are - per cent
below the high point Of this year. reached
In January. and show . numerical decrease
In ccmpsrison with all months since last
October. The May Indebtedness OF et<,-
10000. moreover. u not only the smallest
reported In eight months. but represents
. decline Of about % per cent from this
SS7.coo.ooo of May. 1891. despits the fact
in the earlier period. Last months fail.
urss Of unusual size. although 10 more
In number, involved about eiS.ooo.o 900 Tess
than those Of May. 1891. which explains
the difference In the Aggregate liabilities.
Iron Output Increased.
Each month since last January has
brought an increase In the country's pig
iron output. the coal strike failing to
check the expansion that began early
In the year. At 7<.<oo tons. the May
daily rate Of production rose nearly !
per cent over the April average. and
reached the highest point In Is months.
From the low mark Of last July. when
the Iron Age reported . daily average
OF only 27,sSe tons, tho pig iron make
has gained practically ls7 per cent. with
further net addition OF IL to the active
list. furnaces In operation on June !
numbered ITS. and their capacity per day
was 1880 tons. A year ago. IN sharp
contrast. only 20 furnaces were running.
Advaneing Dry Goeds Prices.
In common with the movement In va
rious other quarters. primary dry goods
markets are rising. Further price ad.
yances were named this week on different
action in some sraw materials has not
checked the upward trend In pnanufsc.
turing channels. The Strengthening Of
prices at first hands. however. has not
prevented concessions being made In dis.
tributinG circles, where sellers find II
necessary to stimulate demand by special
offerings. With jobbers' effortB to move
stocks. and with competition among re-
tail interests. consumers are afforded an
opportunity to purchase many cotton
goods at lower prices than have pre-
vailed for long time past.
Stronger Market for Hides.