Evening star., 1926-05-30
BUSNtSS'SLOWER
ASSUMMER NEARS
Vacation Demand Already
Has Begun to Be Felt.
!. !. Manufacturers Cut.
BY j. G. ROYLE.
Special Dispatch to The Star.


Special Dispatch to The Star
NEW YORK, May 29.-The vaca-
ton demand has already begun to
make itself felt through the channels
of iobbing and wholesale business and
the effect has been reflected on the
manufacturer and producer. rms
type Of buying promises to be a
2reater factor this year than ever be-
fore. The Summer rest period VIII pe
extended to a larger number of work /
ers than at any time in the history OF
this country, and the trend In this di-
lection is extending rapidly beyono
The ranks of the white-collar workers;
While graduation. June wedding and
vacation buying now is In fuli swlhs =
the normal Summer recession III
manufacturing production also mas
begun. Employers are utlilAnS the
Decoration day holiday as break In
output which can check addluons 70
stocks likely to become burdensome
without undue hardship on alarm 70
the workers This is specially marked
in the silk, cotton and woolen trades.
will Utilize Holiday.
The steel mills will utilize the holl-
tiay for some needed repairs. WIN
the exception of merchant OARS,
which have strengthened: heavy plates
and steel tubes, prices are showing
weaker tendencies. This Is credited
to ilregularity of demand. But com
paratiyely few men are idle in the
industry and only slight changes ap
near probable in the near future
t;sins are being registered by the
,on.union bituminous coal properties.
hut the unionized fields and the hard
coal pits are sackening to some eN-
tent. as is normal at this time or
year.
t,Nport sales of automobiles have
l.een at an unexpectedly high level
competition is growing more keen in
The domestic field and has caused
s,ome makers to increase production
and others to reduce their schedules
sed car stocks present Il knotty
problem, and the bargain hunters are
finding their searches among the
1ra,led-in cars we'll worth their while.
On the other hand, the Chevrolet
factory is working on basis of 10000
cars a. month, with sales well ahead
of output.
Building is i'm the midst Of a de-
lded squirt in some sections. contrac.
tors rushing work in anticipation OF
advanced wages around July l. Car
ioadings are fast attaining the volume
reached last Fall and new records
are confidently expected when the
grain harvest starts in the South-
west in the next 10 days. Lumber
production is at high level, put
demand Is keeping stocks down ana
untitled orders up. Cement conoltlons
show an Improvement and BRICK
plants are finding ready markets foi
all output.
@OI Advances Maintained.
The advances in oil prices have
heen fully maintained and the technl-
cal position as shown by stocks, both
of crude and gasoline. and by daily
production, is practically unchanged.
The Cuban suga mills are fast winding
up their grinding season and, with
the volume of raws available. little
anxiety to fill more than immediate
requirements is manifested by re-
finers or distributors.
Hogs are strong, with a relatively
small supply of feeders, while bees
cattle are down to mode. ate levels
with a heavy supply of finished steers
coming to market. The scores of ma
tior,al forests in the West are just
hecinning to take in their usual list
of Summer boarders in the form OF
cattle, horses and sheep. The tend
ency is toward smaller herds.
A much improved sentiment is no
riceable in the leather trade. This Is
due to the gradual reduction OF shoe
factory capacity, which was expanded
far beyond normal requirements dur
ing the war.