Evening star., 1933-09-29
TRADE IMPROVES
AT MONTHS CLOSE.
Production and Retail Sales
Both Reveal Advance
Despite Caution.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK. September 20.-Septem-
ber Is finishing better than it started.
as industrial production and retail buy
ing have increased during that period.
despite the slackened advance purchas-
ing on the part of wholesaler retailer
and consumer. the large number OF
banks that yet remain closed and the
extremely cautious policy pursued by
bankers in the granting Of long-term
loans.
Fewer buyers were in the wholesale
markets here during the last week.
due to the observance OF Jewish religious
holidays. Diminished consumer buy
ing, as reported from scattered sections.
resulted from the unseasonal weather.
Industrial indices. such as lumber
production, car loadings and steel.
showed slight betterment. Bituminols
coal output equaled that Of year ago,
despite the marked falling of in the
Western Pennsylvania fields, where the
miners holiday continued. Electric
current use showed the smallest per-
centage rise over the corresponding
week of a year ago since the week OF
June "a.
1t is generally believed that Presi-
dent Roosevelt soon will announce q
monetary policy that will quicken the
present stride of the N. r. A. pro-
gram, which now is out Of the bally-
hoo stage and starting TO function.
Sporadic reports flltering IN here about
better collections in many lines have
started a drive on the part Of mer-
chants who have not yet noted such
an improvement in their own business.
Average Little Changed.
while the dollar volume Of retail
sales in some districts is the largest
for any Fall in three years" comment
Dun g. Bradstreet. in their Nation
wide weekly business review. "and in
others is running 25 per cent above
that of last September the average is
only slightly above that of a year
ago, when the declines will have been
deducted for those cities which have
been affected acutely by unfavorable
weather conditions and an unemploy-
ment situation yet to be relieved more
than a slight degree.
There was a rather sharp pickup
this week in the sales of shoes, while
millinery moved in good volume. and
purchases Of hosiery, jewelry. handbags.
and toilet accessories increased. The
strong demand for high-grade furs and
silk goods. which started about the
an extent that the current season Is
expected to be the best in q number OF
years. Sales of mems clothing have
reached the largest total In three years.
with little obstruction seemingly pro-
vided by the higher prices placed on
the medium class garments.
In the women's ready-to- wear divi-
sion. dresses easily monopolized atten-
tion. As expanding family budgets per-
NIT a resumption Of social life this Fall.
interest in evening gowns already Is
manifest, extending over q wide range
Of low-back. high-waist. and long skirt
effects in which have been incorporated
the exotic motifs approved by leading
couturiers."
Movie Receipts Climb.
From many sections Of the Atlantic
seaboard come reports OF increased
moving picture show attendance, while
from the Pacific Coast emanate stories
about fllm studios enlarging their staffs
and completing casts in an effort to
bring out pictures that will maintain
attendance levels. =
wholesale markets show uneven
trends. Awaiting the seasonal buying
upswins. stores are deferring orders
until the movement is under way.
Strikes in many trades are delaying
deliveries. Thus in the silk industry
dresses, negligees and blouses are dim
cult to obtain. Curtains kitchenware
and table linens now are attracting the
bulk of home furnishing orders, though
furniture sales remain brisk. Heavy
recorders are being received for sweaters
and leather jackets in mems wear.
Sheets and percales are the briskest
movers in cotton goods, where blanket
stocks have accumulated as recorders
proved disappointing. In hardware the
sales Of firearms and ammunitions are
running larger than seasonal. Canned
goods. dried fruits and imported cheeses
proved best sellers in food lines in the
last few weeks.
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