Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-22
PROSPEROUS NEAR
| future INDICATED
Paint and Glue Makers Point
Out H0uSehoIderS Are
Perking Up Homes.

Special Dispatch to The Star.

Special Dispatch to The star.
NEW YORK, January 22.-When
householders commence to perk up
appearances, business and financial
conditions are apt to be favorable.
Consequently preparations of the large
paint and glue manufacturers for In
creased output is regarded as a sign
indicating prosperity for the next five
months. President George A. Martin
of the Sherwin Williams Company,
paint manufacturers, anticipates a
. great painting year. The factories of
the company are working on ca
pacity basis to supply requirements
which are expected to bring sales to
Is per cent over the 1925 total of $5S,
43S, 1913, the largest the company ever
had.
J. p. Lyman, president of the Amer
lean Glue Company. says that for the
first time in years. stocks of glue
throughout the country are back to
normal proportions. Production is not
in excess OF annual requirements and
profits, he says, should be better than
for some time.
Sales of agricultural implements in
the South are the smallest recorded
in years, but this was to be expected
in view of the low price of cotton and
the efforts to restrict cotton and to-
bacco acreage. Implement sales in
other sections are good.
Might Increase Schedules.
Practically all plants of the Amer
ican Wooden Co. are expected to in
crease their schedules of productions,
since good orders for Summer and
Fall goods have been booked. Sew
eral of the large cotton mills are ex-
pected to step up out-turn in the next
week or 10 days. The Fall River
cloth market last week recorded sales
of 225,000 pieces, the best record in
three years. The present weeks book.
ings are estimated to be slightly below
that figure
CRASHED cattle from the West, par
ticularly California, are expected to
find their way to market far earlier
than usual. This will bring ready
cash to sections which ordinarily are
short of 1t so early in the year. There
has been no indication of any such
increase In livestock breeding a.
would force the marketing OF more
animals than the markets can readily
absorb, and profits from live stock
therefore may be expected to continue.
as packers are In an improved sta
tistical position.
Auto Trade Feels Sales.
The automobile factories are feeling
the influence of recent sales and are
increasing activities in some cases.
The strong competition among car
manufacturers is spreading fast to
the producers of parts and accessories
Production of tires has increased in
the Akron district by from to 10
per cent, and the present output is
now at the rate of 80 to IS per cent
of capacity. Rubber continues within
q narrow price range, although there
is little doubt that under the Steven
son plan Great Britain will cut the
amount which may be shipped from
February to April 80 by 10 per cent
in addition to the 20 per cent restric-
ton now in force. Supplies, II Is felt
among tire men, will prove ample de
spite this.
A slightly easier price tone is in
evidence in steel. The volume of
building is slightly less than a year
ago, but the weight OF opinion thai |
further curtailment must be effected |
is fully balanced by that expressed
today predicting continued activity.
Prices of building materials are ex-
hibiting mostly local or sectional fluc.
tuations. There has been a good in
crease in new lumber orders.
Coppers, lead and zinc exhibited
dullness and lethargy, with some
price declines, since business has been
small. Demand for anti.freeze mix.
lures for automobiles has helped the
slcohol and glycerine markets.