Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-11-24
TRADE CONTINUES
RAPID EXPANSION
Retail Sales, Export Demand
and Shipping Show
Large Gains.
Special Dispatch to The Star.


NEW YORK. November 24-The i'm
provement in business. especially in re-
tail trade, continues to be the brightest
spot In the commercial picture this
week
Discussions about national monetary
policies and the rapidity of interna-
tional adjustments have obscured such
developments as the pickup in shipping,
resulting from increased export demand.
the upward trend in wholesale commod-
ity prices, the gain in bank clearings
and improvement in numerous business
indices.
The recognition of Russia brought
about many inquiries for machinery,
especially secondhand textile equip
ment, as It is believed that machine
tool and railway equipment companies
will do fair amount of business with
Russia If they are willing to make more
generous credit terms.
Yule Shopping Increases.
Christmas shopping got under way
IN this city in earnest the last few days,
as savings banks started the distribu-
ton Of holiday funds and stores exhib-
tied their yuletide merchandise The
food specialties and meat markets are
feeling the Thanksgiving demand in
wholesale marts, which demand will be
translated early next week into retail
purchases.
Thirty-two wholesale commodities ad-
vanced during the week, while only "a
declined despite the irregularity of
daily fluctuations. Food prices, how
ever. were of slightly when compared
with either last week or two weeks ago.
Electric output for the twenty-ninth
consecutive week rose over that of a
year ago and freight car loadings re-
corded their twenty eighth consecutive
increase over the same 1892 week.
Steel output was not much changed,
but lumber and coal orders were better.
Liquidation Of closed banks. payments
OF Christmas savings funds and the
gain of employment under the Civil
Works Administration and elsewhere
are counted upon by the merchants to
make this holiday buying season larger
in volume than year ago. despite the
fact that many goods are at price lev
els below those prevailing in 1882.
Demand Broadens.
In spite Of the good showing made
last week." report Dun & Bradstreet,
Inc, in their national weekly survey
OF business, when the quantity of
merchandise reached the largest volume
Of the Fall season, there has been a
further expansion, with demand spread
ing to a broader inclusiveness. While
it was in the wearing apparel lines
for both men and women, dry goods,
piece goods, sweaters, blankets, fur gar
ments, Winter hardware and automo-
bile accessories that the most sustained
activity was in evidence, the buying of
Christmas merchandise provided no
small augmentation to the rising sales
totals. most of which are progressively
in excess of the comparative figures
of 1882
In agricultural districts retailers are
closing the most satisfactory Fall season
since 1929. with no signs Of an early
let-up N the encouraging business ex-
perienced during recent weeks. Aided
by the colder weather, sales in nearly
all departments of the stores in the
larger centers of distribution have
pushed ahead of last November's show
buying OF mems clothing in October
have been extended further this month
That purchasing power has been in
creased Suflcently to provide more thar
tare necessities of living is evident from
the substantial sales Of tapestries, silver
ware. jewelry, pianos and the constantly
widening demand for radios. As the arid
era draws to an end and a period OF
conviviality dawns, sales of table glass
ware are reaching the largest totals II
the last 10 years and are being accom-.
panied by stable purchases of china
ware"
Wholesale Trade Buster.
Wholesale markets are buster. Gift
| recorders are pouring in, fur garment.
and evening wraps are moving about
twice as fast as year ago. There va.
tremendous squirt in printcloth pur.
| chases Wednesday and Thursday
blankets are moving out into depart.
ment stores at a quickened pace Price:
Of furniture are being stabilized. TOY
orders are IS to 20 per cent above 1913.
and prices are rising, with a shortage
threatened in some items California
Gamers report that they have sold theil
| entire 1882 carryover and half of thu
1888 pack, SO higher canned goods quo.
tations may be expected.
Copyright. 1887