Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-01-08
GAIN IN INDUSTRIAL
ACTIVITY NOTED At
BEG|NN|NGO Of YEAR
Drift to Lower Production
Checked by UpsWing of
Last Fall.
VARIOUS LINES DISPLAY
SIGNS OF EARLY UPTURN
Increase in Orders for Basic Ma
terials Shows Pickup in Con-
sumner Demand Is Maintained.
Special Dispatch to The Star.

special Dispatch to The Star.
NEW YORK, January Although
starting the new year at lower produc-
ton level than was recorded at the be-
ginning Of 1892. the trend of industrial
activity is upward and not downward
as 1t was then. In fact, the drift of
output to lower levels, which had been
in evidence persistertly since 1929, was
checked definitely by the strong upswing
last Fail, stubborn resistance having
been offered to even the usual seasonal
losses during the final month of last
year, says Dun's Review. Aside from the
trades which were occupied with inven-
tories, schedules during the week rose
slightly, with steel production up some
what, due to automobile material re-
leases. Requirements from miscellane-
Gus sources were well maintained, al
though generally small, but railroad or
ders have been delayed, and demand
for pipe and tubing is almost absent.
the farm implement industry is coming
into the market for small tonnages.
January specifications for tin plate
have improved.
Textile Production.
Large production in relation to the
output of other major industries Is the
outstanding feature of textiles at the
opening Of the year, and indications now
point toward a continuation of at least
the present activity in manufacturing
for the balance of the Winter. Volume
orders are beginning to be received by
Shna NJ rfnrerS and factnTiaS
are expected TO start on the new run
next week. During the final quarter of
1882 production Of shoes exceeded con-
siderably the totals for the correspond
ing months of the previous year. while
December retail sales were larger than
in the same month of 1881. The in
dustry is planning to increase the sale
of mems shoes this year by the develop
ment of distinctive Summer types.
which will be lighter in weight and
cooler on the feet. -At-alltoInohile pro=
ducing centers employment continues to
increase, and January output gives in
dication Of running ahead Of the per-
centage of gain set down for December
over November.
The automobile tire industry is re-
ported to be in the most favorable in
ventory position in years, as stocks are
al lcdSL q LIlllllOil iCoo bAInlA q yOe1A
ago, with current production restricted.
There has been a continuance of the
moderate movement of glass to automo-
bile manufacturers, but demand for both
plate and window glass is slow in
strengthening. Statistically, the oil
business is in the best shape In several
years, and the 1882 operations are held
to have been profitable. Production In
the machine tool trade continues to
drag, and there has been no noticeable
improvement in the operating schedules
o. hardware manufacturers, as Spring
orders have been light thus far. The
meat packing industry in 1882 kept up
its tonnage volume, maintained en-
ployment at relatively high level, and
contributed a normal quota Of business
to the agencies of transportation. Al
though prices were low and profits were
small. and in some cases entirely lack
ing, consumption of meat showed little
change, as compared with the figures of
the two years preceding.
Cloth Output.
The average production f carded cot
ton cloths for 1890, 1881 and 1882 was
approximately 80 per cent of the aver
age production in the peak years of 1928
and 1929. 1t is stated that no other
IlhJoI uluuSIEy CdH SHOW SUCH ldEol-
| able comparison over a similar period
1t is believed that the industry is pretty
| thoroughly nquidated and with any in
creased support from general business
conditions should lead to a fairly uni
form trade Wash goods converters have
been increasing their preparations for
offering printed novelties for the Spring
season and active buying Is looked for
III the next few weeks
Full-fashioned hosiery manufacturers
are employed comfortably, and new
types of full-fashioned rayon hosiery
are expected to be a feature of the
| Spring markets. Rayon producers are
well sold up on many types of rayon,
and the demand has far outrun capacity
on many of the fine denier yarns in
viscose and other qualities and on many
specialties in the acetate lines.