Evening star., 1932-10-30
INDUSTRIAL UPTURN
IS WELL SUSTAINED
ALONG SOME LINES
Cotton Textile Operations
Maintained at Higher Levels
During Week.
RAYON MILLS OPERATE
ON CAPACITY SCHEDULES
Output of Metal Novelties and Ad-
vertising Devices Also Expands
in Seasonal Trend.
Special DISPATCH 70 The Star.

NEW YORK. October 30-Im-
provement among manufacturers con-
tinueS somewhat uneven though cot
ton textile mills are operating salts
factorily and silk mills, as a rule, are
fairly well occupied. Rayon mills still
are running on capacity schedules, and
the same is true of hOiScry factories.
Some Improvement in demand has been
noted by tanners and manufacturers of
leather and kindred lines. Manufac-
turerS and dresserS Of fur continue to
work on broader base than at any
time this year Metal novelties and
advertising specialties also show sea-
sonal expansion in output. In the
specially metal manufacturing lines
activity is at a good level. but the in
crease in the basic iron and steel in
dustries has been slower; that i'm
provement is taking place, however, is
evident. says Dun's Review.
The automobile industry is proceed
ing cautiously. as car and truck sales
still are decidedly off. and manufac-
lures are allowing production to be
governed by incoming orders. Aces
sorry houses are transacting only fair
trade. and tires are cheaper than they
ever have been since the advent Of the
automobile There has been a decline
in the consumption Of gasoline this
year. and it may be Curtailed further
following the advance in price this
week.
Railroad Buying Small
Railway equipment continues to drag
and little buying has been done by the
carriers FOR more than a year and a
half. despite the recent financial as
SiStance from the Reconstruction FL
nance Corporation. A large potential de-
mand from the railroads is foreSeen. as
soon as there is measurable improve
ment in their revenues. and the decrease
last week of SO in the quotations on
steel rails is expected to be followed by
larger orders, some of which already
have been placed. Manufacturers of tin
cans report an Improvement during the
third quarter and a further gain is an
ticipated during the remainder of the
year.
Production of window glass has been
increased, to some extent. with demand
showing more improvement with each
week. While the plate glass situation
has not changed materially. and de-
mand from construction sources has
been light, there has been a slight in
crease from the automotive trade. The
y
ment still is very low. but there has
been small increase in output. Pro-
ouctiOn of bituminOuS coal again has
shown a fair increase over that of the
week preceding. and now is almost on
level with the rate of production of
last year at this time. Prices. however,
DO not Show any material improvement
Crude oil production is up slightly from
last week. with prices of refined prod
uctS holding steady
Particularly optimistic are the re-
ports from tobacco manufacturers. who
expect net earnings TO equal profits of
last year. especially the producers of
the l0-cent brands of cigarettes. who
state that profitable manufacture in
this line is made possible by last years
low leaf prices. Activity continues in
the motion picture industry. where
substantial gains are reported over
those of last year. and food. petroleum.
and clay products are among the in
dustries that have extended the for
ward movement.
Gains Hold Well.
Most of the industries that showed
increased employment and earnings
during September report that gains
have been held thus far in the cur
rent month, for the most part, with
the exception of the automobile trade.
where less activity has been in evil
dence. Automobile production in both
the United States and Canada took a
further drop during September. and
in the case of both countries was the
lowest month of the year. From mid
July to mid-September, the number of
employees in the Massachusetts cotton
manufacturing industry increased 1897
per cent, and pay rolls increased 1929
per cent. while in the Woolen-Worsted
division employees increased 1877 per cent
and pay rolls were up 1912 per cent dur
ing the same period. The increases in the
textile employment record caused
gain in the total number of employees
in the State of 23.4 per cent during
September.
Railroad car shops have added some
men, and several candy factories now
are operating on a 24-hour basis. Nu-
merous other factories producing such
products as roofing materials, canned
goods, furniture. and Office equipment
are reopening daily. The rush of orders
in the playthings industry has brought
to $4,000 additional work
ers and reveals a revival of confidence
on the part of stores which is expected
to bring 1882 retail sales of American
made toys and games near to the
S200 000 000 figures in 1921