Evening star., 1925-08-01
TRADE NEWS GOOD
DURING PAST WEEK
Tire Sales Heavy Steel
More Active-CoaI and
Wool Cause Concern.
BY j. C. ROYI.E.
Special Dispatch to The Star.

Special Dispatch to The star.
NEW YORK, August business
has had a good week. The prospects
of a profitable corn crop have out
weighed discouragement regarding
Spring wheat. Live stock is moving
splendidIy, and cattle, sheep and hog
growers are feeling more optimistic
than for FIVE years Steel Is in re-
the time of year. Lumber production
is well under new orders. The cement
mills are working at capacity.
Coal and Wool Weak.
The pessimistic influences are rep
resented by the coal and wool trades.
No one expected the anthracite wage
dispute to be settled without extended
conferences. But the indications that
negotiations may be broken off before
August Is are not encouraging for
Eastern consumers. The fact that
Government intervention is promised
Is not sufficient to encourage senti-
ment, and even the recall of Secre.
tary Hoover from California to deal
with this situation has not sufficed to
obviate the encouragement.
The Department of Commerce has
given vigorous support to the move
10 lOTCc Eng ldTu u dllOH ~
duction Of rubber The head of one
of the largest tire concerns, however,
has declared that the Stevenson plan
saved the industry from terrific ad-
vance resulting from refusal of grow
ers to make any attempt to meet mar
ket requirements.
Tire Sales Very Heavy.
The attitude of the Department Of
l. H. ~ hn 70
that many Of the tire companies have
recently piled up the largest profits
in their history. The Lee Rubber and
Tire Corporation, for example, has
enough orders on hand for solid tires
to insure capacity operation to Octo-
Der / II not another buyer appeared.
The company regards the rise In
crude rubber as a help rather than
a detriment. This company was the
first to advance prices.
Akron rubber companies are covered
on crude rubber requirements for a
large part of this year and anticipate
a sharp rise in earnings in view of the
fact that retail prices have been
raised 40 per cent. Goodrich, Good
year and Mason have reported un-
usual prosperity in the first six
months of the year and Seiberling is
expected to announce shortly that its
sales have been larger than ever be-
fore.
Steel Activity Spreads.
New stacks are being lighted in all
the steel districts. This betterment is
specially noticeable in the Mahoning
Valley and in the Birmingham district
Lumber production is being speeded
up in the South and in Oregon.
Prices are stronger and the demand
has improved materially in the last
week.
Consumption of electric power has
now come to be considered a new
yardstick to measure business Condi.
tions. Not single central station
in the last week recorded a decrease
in the amount of current furnished it's
customers. SO far as can be ascer-
tanned here. The last month in Penn
sylvania. one OF the great manufac-
turing States, shows an increase in
the amount of power used reaching
nearly % per cent.
Motor Bus Orders Gain.
The motor industry has profited ma
terially In the last week from the
tremendous orders for busses and
trucks which have come on the mar
ket. The White Motor Co. Of Cleve-
land sold New York City 81 heavy
duty units for handling garbage and
rubbish. which will make S57 White
trucks in service by the municipality.
The good will and trade name
Haynes" proved itself a big asset
this week when the Haynes Auto Co.
sold its inventory to the General Parts
Corporation of Flint, including the
right to use the name on service prod
ucts. The daily production of the
Hudson and Essex factories in the
month ending yesterday undoubtedly
will show a production of over 10000
cars. The company is expected to
show sales of $1,000 cars in the quar-
ter ending August 81. on which the
profit is estimated at not less than
$40 a car.
(Copyright 1p25.1