Evening star., 1933-01-22
Tendency to Recover From
Seasonal Lows Displayed
in Unrelated Fields.
CLOTHING TRADE HOPES
FOR UPTURN IN SPRING
Sheet and Strip Steel Producers See
Improvement in Orders During
Next Few Months.
Special Dispatch to The Star.

Special Dispatch to The Star
NEW YORK, January 2l.-The in
dustrial situation has shown a slight
improvement since the first of the year,
with some of the miscellaneous indus
tries, such as copper, brass goods, elec-
trical supplies and apparatus beginning
to recover from their seasonal lows, says
Dun's Review. Manufacturers Of prac-
tically all types of shoes are booking an
increased number OF orders, with the
best demand for women's popular
priced lines. Some increase in demand
also has been noted for mems shoes In
the textile industry there has been a
moderate demand for medium priced
woolens for mems wear, and a few of
the mills are well occupied, but others
are only moderately active. Mems and
boys clothing manufacturers are more
encouraged about the Spring outlook
than they have been since the opening
OF the new lines. While some of their
optimism has been created by the plac-
ing OF business, especially on youths
sizes and fair representation of buy
ers IN the principal markets. favorable
reports from statesmen on the road have
contributed much to their recent view
OF prospects.
Cotton Demand.
The demand for raw cotton from con-
suming centers is light and the mills are
producing only fair quantities of gray
goods. Prices are firm, in the face of
a limited demand for the finished
goods, and the market is rather uncer-
tain. Manufacturers of cotton dresses
have been buying percales in large
quantities, as they are able to offer new
lines from regular goods at the lowest
prices ever known in the history Of their
business. A fairly good volume of
orders for cotton yarns was received
during the week. and prices were
slightly firmer. December production
of carded goods for five weeks was
month were 1893 per cent Of produc-
ton, Shipments were 95.1 per cent of
producti0xa--Stocks on hand at the end
OF the year were reduced to level of
26.1 per cent below the lowest end-of-
year supply on record. The December
stocks showed an increase Of 1919 per
cent. The untitled orders at the end
Of the year were 18 per cent above
the opening and were the highest since
the December figure of 1929.
Further moderate gains were recorded
in finished steel specifications during
the week, with tin plate still making the
best showing in finishing departments
Sheet and strip producers, however,
have registered some little improvement
and, as the season advances, miscel-
laneouS buying is expected to quicken,
the greatest need of the industry being
the better volume from the railroads.
Demand for plate and window glass con-
tinues quiet, although safety glass has
been moving in moderate volume. Pro-
duction OF crude oil has been at a some
what higher rate. but demand for re-
fined products is not showing any mate
rial improvement. The output of btu
minous coal has increased slightly since
the end of the year, but industrial de\
mand is light. and sales to domestic
consumers have shown comparatively
little change.
Automobile Industry.
Activity in the automobile industry is
holding up well, as the result, in no
small degree. of the favorable reception
which has been accorded the new models
at the automobile exhibits. The reports
have been so encouraging that orders
have been given for increased pro0uc-
ton for the remainder of January and
throughout February. Employment in
the Detroit metropolitan area has been
advanced by more than 10000 during
the last few weeks, due chiefly to in
creased schedules of automobile fac
tories. in order to provide for Spring
shipments.