Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-10
FALL MOMENTUM
GAINED BY TRADE
Millions Added to Cotton
VaIue-COaI Mines Are
Speeding Production.
BY j. G. ROYLE.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, September 1O.-Busi-
ness already has begun to pick up its
Fall momentum. This is due not only
to the fact that Summer is officially
over, so far as the vacation season is
concerned, but because of the advent
of annual Fall buying of clothing, fur
niture, floor coverings and other manu-
featured lines.
The improvement in the farm prod
uct situation has had most hearten-
ing effect 1t now seems probable that
the farm population will have well
over nine billion dollars to spend in
the next year. and producers and dis
tributors are making their plans and
regulating their outputs accordingly.
The farm machinery manufacturers
anticipate a fine business both at
home and abroad The demand from
Central Europe is especially encourag
ing.
The railroads, while not expected to
buy new equipment in extraordinary
quantities, are preparing for replace
ment needs when the rush of crop
movements is over. The export move
salutary effect on land and inland wa
ter transportation, as we'll as on ocean
shipping.
Millions on Cotton Value.
Reduction in the Government crop
estimate on Thursday has added mil
| lions to the present and prospective
value of cotton grown this year. This
will have a quickening effect on all
Southern business and will affect ia
vorably the commerce and industry of
other sections, with the possible eXcep.
ton of New England. Even in the lat
ter district the mills which bought
cheap raw cotton earlier this season
will prosper.
Steel has commenced to pick up,
and new equipment put into commits
sion earlier in the year is now func-
tioning in way to reduce costs and
increase profits. The automobile
situation presents as many ups and
downs as Rocky Mountain skyline.
General Motors is having a wonderful
year, while some others, among them
Hudson and Essex and Chrysler. must
await the trend of the Fall trade to
see how they will come out One fac
tor counted on by all is the trend
toward the ownership of two cars.
This has been emphas zed by the
vogue for roadsters and open cars this
year. Dealers hope to sell additional
closed cars to owners of such vehicles
when colder weather approaches.
The anthracite mines are commence
ing TO speed up production. although
retail demand has not shown any
marked signs of improvement. The
hard coal producers can always count
on a certain number of customers.
They are fast losing Canadian trade
however. since Scotch coal is coming
into Quebec and Ontario a dollar or
more ton cheaper than the Ameri-
ran product.
Radio Outlook Coed.
Mexico is commencing to realize the
danger to her revenues presented by
the big increase in oil production in
the United States and South America.
but there has been no stimulation of
Mexican crude imports and none is
likely for months to come.
The movement of radio receiving
sets has begun afresh and the trade
anticipates an excellent Fail campaign.
Electrical household goods continue in
heavy demand and the heavy electri-
cal machinery trade has been strength
ened by the demand for power for in
dustrial purposes, as we'll as the APP
proach of the season which requires
increased current for lighting
1t is still too early to determine the
effect on buyers of the advance in
prices on some of the Spring dress
fabrics. but the novelties as vet have
not seemed to spur buying. The i'm
provement in leather and shoes con
tinues under spur of seasonal require
mcntS.