Evening star., 1926-06-19
RETAIL TRADE HAS
STEPPED ON GAS
Production Slowed Down,
But Railroads Are Buster
Than Usual.
nv j. g. ROYIE.
hanaAnh IA NyhA AlAr

NEW YORK, June 1s.-Industry
has lifted the foot from the acealerator
Of production, hut retail trade Is step
ming hard on the gas Each IL TAXING
action from the same motives IN
dustry counts on momentum TO carry
nrod,iction over the end Of the fiscal
vsar. June 30, and the July \ hoh-
day at a good rate, but is anxious no'
10 wind up the financial year Wl,n
large inventories, and Is endeavorlns
to clear its shelves OF all poss'eie
goods.
This 10 thoroughly normal de
velopment for this time OF year ahn
reflects no outward trend In nlslness,
New grain is commencing to nnd i.s
way into the Far Western. Mida'e
Western and Eastern markets, ana 50
in farmer money, but the fun now oy
No means has heen reached.
The railroads consequently are ousis'
ore wav than the other. The prop
lam FOR the carriers for the mement
is quick return Of freight cars 70 ofki7
mating roads shipments are heaV!;
hut operating efficiency has adVanceo
too far to permit any serious check IN
freight movement.
New Automobile Models.
rb. automobile world Ia beginning
to seetbe with rumors OF new moosls
ana nrice feld invasions. but the
stranger companies are speeding UP
erra nsions and express commence AZ
ia the future. Any unsteadiness IN
ths steel situation exists in the stock
market rather than in the mills lns
f,ow of orders and the counternoW u
shinments continues steady ana un-
affected by either poor operations VI
r,,rors of stock dividends. ImpIo.r
rert in inland water way transp'i,
tion the last few days has aideo Pur-
chaAes for the West.
The Improvement in the petroieuIn
yrAustrv has proved a stimulus 10 ouy
inr az nine and oil country steer sup
Mics. An active wildcat leasing cam
paisn 10 In progress In the als.Iie'
where corners Of Oklahoma. New NM
leo. Colorado. Texas and Kansas u,
close together. This 20 sofhs
represents an extension oi 'he
handle drilling campaign .u..,
r.csssion according to latest reports
hnt stiil IA at a point we'll above tn1l
cf q wear ago. Building materials
have heen steady. Lumber proouc
ton. although down from the year :
neak. In high above normal. Linseeo
oil has advanced, paints are strohs
and lime. brick and tile are STEADY
Lad has been active during the
weak owing to domestic and foreign
;ndustriaI demand Copper has Ieit
the "a me trend to a lesser-deSre sii'
YER with some further purchases un-
der the Pittman act ~ ~ an ouhce
now assured, was strong. The restrlc
tion Of zinc production strengthened
the position Of that metal
Textiles In Doldrums.
Textiles are in the doldrums go taI
a. wholesale buying Is concerned ou,
wool prices have stinened on tne
ranges. with representatives OF certalh
manufacturers bidding more freely.
IJve stock movements are active. The
margins Of the meat dealers. however
have been dangerously narrow
The canning industry Seems TO nave
svery prospect Of q profitable season.
rubber has been consistently ham
n,ered, and while 1t has gone up and
down over a narrow range. 1t IL al
most 30 cents a pound lower than at
this time last wear. The fact remains.
however. that the United States prce.
ably will consume 6oo,00n tons OF
crude before the end Of 1925. and that
production of the remaining portion or
this amount lies in the hands OF the
British growers OF the Far East.
Real estate sales in the northern
resort districts have reached hlgh
point and rentals are commencing TO
recover from the depressing influence
Of early cold weather. The drive Tor
life insurance sales reached its peak
of the year last week.