Evening star., 1933-09-17
Manufacturers, as Whole,
Now Have Fixed Ideas of
New Consumption.
SOME LINES CONTINUE
TO SHOW Improvement
Cotton Mills Experience Biggest
Slump, According to Dun and
Bradstreet Survey.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, September l6-With
the extent Of the consumer demand
now established more definitely, there
Is less hesitation noted in manufactur-
ing operations, and the uncertainty
which prevailed during the latter part
Of August. while production costs were
being determined. has all but disap-
peared, according to Dun & Bradstreet,
Inc.
Industrial activity. as a whole, how
ever. still Is receding. although output
in number Of divisions remained
Steadfast at the rate of the week pre-
ceding. Activity in the woolen branch
OF the textile industry continues un-
abated, shoe production has been
stepped up because of stable recorders,
while foundry and machine shops are
working at a higher rate, and coal
mining regions are adding to working
forces. In the glass industry there hsS
been further advancement Of oper-
ating schedules over those of last year
at the compare tive period Manufac-
turerS OF felt and reflners Of furs are
well occupied, and the brewing indus
try continues active, with many Of the
kindred lines feeling the impetus Of the
better demand for this beverage.
Employment expansion now has
spread to nearly all branches Of In
dustry.
Cotton Mills Slow Down.
Cotton mills are slowing down some
what, manufacturers being cautious
about going ahead in view Of the pros
poets of heavy operating costs and
taxes, as orders are not forthcoming in
large volume. The cotton mills have
come to the end of an extremely busy
period. with fewer orders in sight than
for many months.
Domestic wools, on the other hand.
continue to move in large volume, and
prices have been advanced further. as
buyers are displaying keen interest in
the market. For the most part, mills
are maintaining operations at q high
level. with a number having stepped up
operations during the last two weeks in
sorting. securing and combing depart
ments. The improvement which has
taken place in the fabric markets dur
ing the last two weeks has resulted in
larger orders for worsted and woolen
yarns.
Manufacturers of mems clothing are
operating at higher rate, although
they are showing more caution in plan
ming for the future than was in evi-
dence few weeks ago. Dress manu-
facturers also are busy and are much
more optimistic regarding future ex-
pansion of demand. Dress goods and
cloakings have been selling we'll and
there has been an active call for mems
wear lines, particularly for the medium
weight and higher-grade fabrics.
Motor Sales Hold Up.
The automobile industry continues to
maintain its leadership in the progress
made thus far this year, August sales
having been double the comparative
total of 1882. while 100 900 more were
employed in Detroit plants than a wear
ago. The usual Fall shut downs now
appear unlikely because of the continued
demand for present models at lower
prices than the public will be asked to
pay for the new 1894 models, which
soon will be in production.
Although it Is slow process. steel
makers are finding operations more sat
isfactory under the code. despite an
other recession in the rate of output
this week. The main support continues
to be provided by the automobile and
canning industries. both of which are
holding up surprisingly WELL in COM
parlSon with the other major industries.
Orders are being held in abeyance for
many millions of dollars worth of steel.
which will be released as rapidly as
financial arrangements will have been
completed after the N. r. A. program
has been fixed definitely. For the steel
market has yet to resume full running
order. as some phases of the codes ex-
actions have not been adjusted, particu-
larly those pertaining to base prices.
differentials. extras and definitions.
Iron ore shipments continue at close
to capacity. topping last years low level
by more than 800 per cent. While lum-
Der output has been curtailed. in the
face of declining orders, 1t still is around
80 per cent above the average for the
past two years.