Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-08-10
TRADE PROSPECTS
BELIEVED BRIGHT
Retailers Look Forward to
Increased Business in
Near Future.
BY ]. c. ROYLE.
Dispatch 10 The Star.

Special Dispatch to The Star.
NEW YORK, August 10.--The salts
factory condition of business is shown
today less by the volume OF orders
booked than by the fact that cancella-
tlons have been extremely small. All
the retailers seem to expect fine VOL
ume Of trade. They are not stocking up
with large volumes of goods, but they
have well selected lines on their shelves
and know they can rcplenih them al a
moments notice.
This assurance Is the one thing that
is keeping railroad earnings up at the
moment. Freight loadings are increaS-
ing. but for the year as whole they
nave not been equal to 1927 and nave
been far below the volume Of 1925.
However. they are due 10 improve from
now on. The farmers arc selling thcir
crops fairly freely although some Of the
grains notably wheat. and many Of the
fruits are quoted 50 low as IN induce
some holdings for higher prices.
Cattle and Hog Sales.
Cattle and hog marketings are free,
but this can continue only short time
as the supply is notably short as COM
pared with last year The cotton report
has disrupted the goods market, but this
line Of endCayor was so disrupted al
ready that the effect was discounted
by the remainder Of the business body
Building Is keeping a most aStonEni
ing rate and within the next month
the most ambitious program for con,
struction and improvement OF highways
that this country ever has seen VIII
be under way. The cement INDUSTRY
is expected TO turn out around l74,OOO.-
900 barrels of cement and around p
TO 30 per cent Of this will be used
The nrtFE
business has shown a slight better
ment and lumber Is doing we'll
Steel production is proceeding with
out check, and is responding 70 bet
terment in the oil fields, in building
and to the strong tone of the automo-
bile industry The leading automobile
producer is employing more men than
ever before. The second largest pro-
/ Queer. who has had difficulty in at
tanning high production, now is third
in the matter of new car registrations.
Cars Shipped Abroad.
The number of cars shipped abroad
is exceeding that for any wear known
in the industry. New models are hav
ing a decided appeal. and sales are
better distributed among the various
companies.
Demand for the nonferrous metals
ABROAD mas nau me erect on tne
positions of copper, lead and zinc
Prices do not show any decided i'm
provement, but the tone of the market
is much more encouraging. Brass
makers predominant as buyers in -.ic
I local markets. AS TO zinc galvanizers
are buying only for a brief period in
advance
/ The tourist season is turning out TO
/ be the best in years. That means that
more people than ever before are
/ leaving from $40 to $50 a day on the
average in towns along their routes
t The visitors 10 the national parks will
undoubtedly establish new record.
/ Retail Trade.
So far as retail trade is concerned.
+ the dollar volume of business IS thor
oughly satisfactory All merchants
anticipate a drop in this in-between sea
son. but 1t has not yet made its appear
ance in many sections and it is doubtful
/ If it will This does not mean that all
districts are prosperous. The coal ter
ritorieS are not doing well Neither are
oil, railroad equipment. shipping. street
railways. women'S ready-to-wear goods
and cotton textiles. All Of these are
/ dropping back instead of improving.