The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1932-10-03
PROSPECTS
FOR BUSINESS SEEN
IN NATIONAL REVIEW
r. G. Dun and Company Notes
Improvements in Trade
and Manufacturing

Numerous bright spots in the bust
ness situation throughout the United
States are noted by r. G. Dun and
Company in its weekly review of BUSH
nes:.
Representative headings on discus
Sions of various business fields are
Industrial Trends higher. Commodi-
ties Resume Uptrend. Cutting Trades
More Active, Gains in Silk and Wool
Held. Textile Recovery Striking. Shoe
Production Increasing and Further
Recessions in Commercial Failures.
On the other side of the balance
sheet are such declarations as Stee,
Upturn Slow. Slight Reaction In
Hides and Heavy Cottons Move Slow
/:
Wholesale buying has increased and
many retailers have placed rush re-
peat orders. Retail sales also gained
in volume with notable increases il
better-quality lines as compared WITH
low-price materials which have beer
pushed during the last few years.
The commodity price advance now
has endured for IL weeks with the ex-
ception Of last week when a slight re-
lapse was reported. Advances oc-
Cured in "a lines while recessions
were reported in ID. The latter fig
ure is the smallest in the last 80 days
Foodstuffs Gain At Last
OF interest to farming communities
is the fact that increases in the food
stuffs division exceeded decreases by
slight margin for the first time in
many weeks The chief weaknesses
appeared in meats and vegetables
Butter prices were unable to hold
higher levels but egg prices advanced
The statistical position OF the egg
market now is strong. due to the rel
alive scarcity of storage supplies
which were materially reduced during
September.
Discussing evidences of the upswing
in business, the review says:
1.-The general movement now has ex-
tended to both the industrial and dis
tributive divisions. although the gain
in the former Is less conspicuous than
in the latter. There now Is more Of q
disposition to look forward to a steady
enlargement in the consumption of
manufactured and raw materials. al
though full cognizance Is taken of the
possibility that upswings may not be
so sharp as those occurring since the
middle Of July. Indications OF better
ment are beginning to find their way
into the statistical indices OF electric
power consumption, car-loadings, and
the number of telephones in use.
Retailers Enthusiastic
Retailers throughout the country
are unusually enthusiastic about the
course of consumer demand during
the balance of the year, and have
planned to spend in newspaper adver-
Using an amount in excess Of that
devoted to similar promotion work
during the closing quarter Of last year.
For a prolonged period, consumption
has been exceeding production. thus
storing latent needs to such an extent
that their release is starting produc-
tive machinery in a constantly WIDEN
ing field. Unfavorable weather in
some sections during most of the week
halted temporarily the interest in
wearing apparel, but gains that are
larger than seasonal were made in the
sales Of dry goods, drugs, groceries,
furniture, shoes. and hardware, in
sharp contrast with the declines Of q
year ago in the grocery, hardware,
and drug trades.
1.-THE automobile industry has run
contrary to its old seasonal swing Of
decreasing production after August.
as the output Of motor cars In the
United States and Canada in Septem-
Der went ahead Of the August record
for the first time in seven years."