Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-12-03
SALES RUSH CHEERS
U. S. COTTON MILLS
Demand for Wide Variety Of
Goods Emphasized by
Low Stocks.
Special Dispatch to tn. star.

Special Dispatch to the Star.
NEW YORK December Brisk re-
tail buying Of wide variety Of cotton
goods is cheering mills. It also explains,
in part. the present position of cotton
goods stocks. which, as of October 20.
were 81 per cent less than on the same
date in 1891.
The statistics Of carded and combed
fabrics" said George A. Sloan, presi-
dent OF the Cotton Textile Institute,
Inc, today In making public its sixth
annual report, excluding heavy indus.
trial goods, show that stocks are now
lower than ut any time since january
!. 1928, when figures comparable WITH
tnose now compiled were begun, and
are 90 per cent below the September
average OF the last three years"
Although banking influence and thu
downward trend in raw cotton might be-
partly responsible for this inventory re-
duction. other industries, whose COM
modities also have declined, show ma
such inventory shrinkage. As Of Sep
TENDER 80, according to Department OF
Commerce figures, leather stocks were
per cent greater than their three-year.
average; stone. glass and clay, . per
cent greater; newsprtnt. . per cent
greater; manufactured goods Of nom
Iefrous metals, per cent greater, and.
Manufactured chemicals and oils, 3 per
sent. Lumber was down s per cent,
automobile tires down 80 per cent.
Sales Volume Greater. ..s
1t might at first appear that stocka,
are low" the cotton textile report cor,.
tlnues, because business has been poor.
put while demand is on q reduced scale
compared with 1929, the volume OF or.
ders during the IL months ended SEM
temDer 80 has been greater than in
either Of the preceding two years. the
peak demand In recent months was
more than double that of a year asog
and there has been only three higher
montn-end totals In the last i've years.s
Tina snrtnkaee q cotton goods in-o
ventories has been going on steadily for
more than two years. Hence, we belieye
tnst earnest attention to the dangers Of
overproduction and constant reiteration
OF the principle that mills should avoid
accumulation Of stocks are having .
beneficial effect"
The decided upturn Of the industry
beginning last July Is shown In a series
Oh charts accompanying the report.
Along Worth street TODAY agents.
wnoiesalers and dealers reported O good
retan demand for overalls, work shirts.
flannel nightwear, sheets, pillowcases.,
bedspreads and dresses was Continuing
put they added that mills are not man
ufacturing for stock" - (
Night Shift Expected.
II the market undergoes another rush
Tor goods-and 1t may, for bales 81
sheets and pillowcases are needed for.
January white sales and BUYERS have
not yet purchased--mills may have to
resume night shifts, but they viii not
make up goods In advance. SubstanS
tiai yardages were moved in Noyem-
Der, in some instances at price con-
cessions, Some mills now are preparing
their Spring lines. .st,- .
Some Of the leading department
stores here are urging q Cotton
Christmas" and to that end are dis
playing articles which can be made
from cotton and It's products BY a mere
son handy with q needle. These dis
plays include decorations, toys, dolls,
stuffed animals. couch covers Of quilted
organdie, slip covers Of cretonne, patch
work quilts Of calico, lamp shades Of
dotted Swiss and gingham, organdis
beverage napkins, pique and batiste
luncheon sets, glazed chintz draperies
and dress and suit bags and other
closet accessories Of cretonne. lI.9r
tcopyrisht. 1892 -