Evening star., 1923-01-13
record SHOE YEAR :
NOW IN PROSPECT
Four Pairs Planned for Ev->
cry Person in u. S. in
1923.
BY j. &. ROYIE.

Special Dispatch 10 The Star
NEW YORK, January 15-Thc fact
that the ultimate consumer contem- \
plates buying a new pair OF shoes
may be deeply locked in his own.
breast, but the retailer knows IL, thc
jobber knows il. the manufacturer
knows it. and all are preparing ac-.
cordingly.
Everybody in the shoe business.r.
feels better because the range be ,.
tween raw hide price and finished"
leather prices has disappeared.
Packer hides have receded 2l4 /"
31a cents per pound, or about = per,
cent from their recent high. Texas
steers. native cows, branded COWS =
country hides have dropped accord q
ingly. The reason is clear. se
Tanners have shown that hides.
at their recent highs have been
quoted 60 per cent above tho figurc--r
for last March Since leather prices.
have not advanced at a like pace th"a-
leather consumers have refused t".a
follow the market upward The hid" Z
market therefore, has broken and has
revised its subject downward
Heavy Production Ahead.
- +.
therefore. are now in closer accor,lz. 4
than for many months and shoe fac
tories both in New England and q
| the middle west are working not ouIg
at capacity. but are employing mig -,
shifts to meet their require m ertS~s
! The stabilization in the leather TRADE.
| has removed the last remaining OBJ
stacle to capacity production in the
shoe factories.
Production figures show that three
pairs of shoes Indda for
/ man, woman and child in the Unitcd
States in 1922. They may squeak, hui. :.
the buyers are not squealing, and four ;.
pairs are forecast for 1929.
| Never have road building operations
been so heavy in any winter as a.
present. Money in plenty is available
\ in dozens OF states and rnachiner> n
and supplies are in acute demand fors :
this purpose. One Of the big steel
companies of Youngstown has bees
informed that steel requirements foi
this purpose will total Il greater ton c
mage than ever before. 81.
Press War on Boil WecyiI ,,f
Under the urge Of DR.. Miller Reesa
Hutchison, neau of the Cotton Gro" -.
ers' Association. a bill has been ir--
troduced into Congress urging th4t +.
calcium arsenate. the main weaprtl
against the boil weeyil be placed ols
the free list. The main dependence or (.
the cotton growers, however, is oHs,
D.
erS OF the west. which produce whitsc ,
arsenic as a by-product, and on thrs;
arsenical ores of Utah, which, it iSa
hoped, may be brought to the rescue.s
or the cotton growers.
Oil production has increased in the
last week in every field in the United Z
States. Experts. in view of the dc
crease of Mexican production and the
other conditions of the petroleum in7t.i
duStry, predict an immediate rise iIiS-
the price Of crude oil, led by the light,e
oils of high gasoline content in eyers,it'
section except California, where OF
set wells have raised production t.
point where further increases are
not regarded as likely. II
Electrical Concerns Busy. r
The electrical equipment conceras-
cannot at present keep pace vit.-se
orders. The Western Electric Cou-f ,
pany. recognizing that fact, liz ~
bought new factory sites in the east =
but the announcement that the Newt
York Telephone Company alone
prepared to spend S55.000.0o0 durin =
the current Year for extensions an. s.
that the Illinois Telephone Compan.
may duplicate those improvement )
have made it doubtful if the electrl> -
cal concerns can fulfill orders witi,--
out at least sonC delay. AZ
tCopyright. 1891 :