Evening star., 1932-10-29
INCREASE IN SALES
AIDS EMPLOYMENT
Gradual Improvement in
Some Lines Noted by Wall
Street Observers.
Special Dispatch to The Star.

| election less than two weeks away. the
business and financial quarters of this
city afford sharp contrasts.
Down in Wall Street, where the Sc
| curities markets are at low ebb. and
around the import and export districts
where every change in tariffs all ever
the world is being watched, election
talk predominates. In domestic busi-
ness circles, however, they are talking
about increased employment. larger
sales and changing prices-very little
about the election.
Rise in Employment.
Thus the announcement by Genera!
Motors Corporation thai its EMPLOYEES in
the United States in September showed
rise OF 2C53 over August-the first
increase in employment in the current
year-caused numerous small concerns
| TO make similar comments
There was fairly general agreement
| that in many business quarters trade
Is marking time until after the election.
! put this increment is being discouraged
by everybody who has anything to sell.
incidentally. all of the long term busi-
ness prophets predict a fresh rise of
trade early in Spring.
speaking OF prices, it may be good
news for the Boy Scouts and their
parents or guardians that prices on
Scout clothing cannot be changed un-
til October, 1893. Many retailers. in
view OF recent raw material trends,
wanted to mark up such clothing and
equipment. but conference here today
with retailers, manufacturers, jobbers
and executives of the Boy Scouts of
America resulted in an agreement
that Scout clothing and equipment, be-
ing staple, should not be advanced to
meet any price revisions nor should the
quality of materials be lowered.
The women. it seems. are again in
vading regions sacred to men, for the
mems trade reports that the fair sex
| are ordering increased quantities of
paJamas. The women, it is said. want
paJamaS OF silk, which naturally pleases
that industry. but the situation is not
without its difficulties, as the regular
makers OF women's nightwear concede-
and local department stores are wonder
ing if they should handle mems pajamas
only in the mems department or also
in the women's department.
Womens stocking wearing habits also
were much discussed at a closed meet
ing of the National Association of
Hosiery and Underwear Manufacturers
ASSOCIATION, Wnere IT was agreed that
some sort of stability was needed in the
hose trade. Either individual firms
should curtail. the present working week
should be shortened or some of the
present machinery should be scrapped,
voluntarily or through purchase by a
common fund, it was agreed.
Price Concessions.
Price concessions in some brands of
sheeting and talk of more liberal credit
terms on towels also stirred a good deal
OF discussion in textile sections today.
Within the last few days there has been
some let-up H. the demand for floor
coverings and this may mean little
business in that line until after the
holidays. There also has been some
lull in the purchase of Fall curtains.
Now that the statistics of the Boston
Wool Trade Association on wool stocks
are out and are no less bullish than
expected - they indicate 147,951, ,102
pounds available for consumption be-
fore the new clip. or 41,7l8,961 pounds
less than was available year ago-the
prices of CLOTH and of mems clothing
seem to be firming. In fact. some SELL
ers of mems fabrics are talking of an
advance ranging from to 10 cents
yard early next month.
Copyright. 1927