Evening star., 1935-12-15

levied. This drop will be followed
by a series of readjustments all along
the line for competitive foods, but,
within so to 80 days, a reasonably
stable relationship should be attained.
In the meantime there will begin
wild scramble to determine who Is
the rightful poSsessor of the cash
which is now in escrow, for hundreds
of concerns have obtained injunctions
that have relieved them of payments
to the Treasury, but the courts have
directed that the money should ne
paid into escrow.
Many concerns are planning to
spend the money, which they hope to
repossess, in extensive modernizatlon
and improvement campaigns.
Live stock is the key to the future.
An increase in hog slaughter amount
ing to 25 per cent is anticipated for
1886. This means an increase in
volume of operation by an equivalent
amount, and a lower unit cost for
overhead.
The COW cycle is almost at its low
point, about four years ahead OF its
normal time because Of the emergency
drought slaughter in 1884. The re-
sulting higher prices for beef have led
to further culling of dairy herds, and
this in turn indicates that a milk
shortage is beginning to develop.
This means that dairy operations will
be slightly more profitable in 1886
than they were in 1885, because
better balance of supply to demand
will come about.
Production of bread grains will be
under the continued dominance of
A. A. A. Whether there will be a
processing tax or not is of smaller
moment to bakers than the declining
per capita consumption OF bread.
There is evidence that definite
changes will take place in the baking
industry toward flavor improvement.
The large packs of canned vege-
tables that were put up by the can
ming industry in 1885 were largely a
hedge against imitation. At the time
of writing, wholesale prices for canned
vegetables have declined somewhat
SINCE earlier in the year to a point
where it is apparent that the volume
OF production in 1886 will be smaller
than 1895.
Confectionery manufacturers will
probably enjoy a slightly improved
volume of business.
Ray v. SutIiffe, Editor,
Radio Retailing.
Present indications in the radio in
dustry point to an increase in unit
sales (home receivers) of 25 per cent
in 1885 over 1884. Auto radio sales
have Jumped from 100000 last year
to slightly over the 100000 mark for
'35. Total domestic sales. therefore,
will top 5000 000-an an-time record.
Outstanding developments this year
have been the introduction of metal
tubes and of wind-powered generators
for charging storage battery farm sets.
AS both these inventions will not at
tain full momentum until next season,
the outlook for a continuation Of
volume comparable to 1885 is good. 1t
is not reasonable to expect, however,
that next years business will show as
marked an increase as did 1885 over
1884.
A. L. Ford, Managing Editor,
American Lumberman.
While the collapse of N. r. A. and
abolition of the lumber code relieved
the lumber industry of the pressure of.
Government control. majority of the
larger producers have continued to
pay code wages or better, thus main
tanning production costs at rather
high level. Despite this handicap, the
lumber trade has made distinct prog
resS.
While there has been substantial
increase in production, demand has
kept pace. The volume of repair and
remodeling work, encouraged by the
national housing act, has steadily in
creased and new home building is
taking on substantial proportions.
Large Government projects have taken
large quantities of lumber.
The lumber industry will enter the
new year with the brightest prospects
since the beginning of the depression.
Maurice Kann, Editor,
Motion Picture Daily.
The motion picture industry began
TO emerge from the ravages of the de-
preston in 1885 and may be expected
to continue its upward swing during
1896
The percentage of genuinely worth
while products shown in the theaters
during 1885 never has been exceeded.
Producers, in the main, have learned
that the public will reward merit.
George F. Mclaughlin,
Editor, Aero Digest.
Again the airlines have led the
aeronautical industry in increased ac-
tivity. Approximately 80 per cent
more persons than last year will have
used regularly scheduled air transpor-
tation for travel in 1885. Air express
shipments have increased in poundage
almost SIS per cent during 1885 and
are expected to continue their increase
In the nine months of 1885 more pas
sengers, mail and express were car
ried (f1ying more miles) than during
the entire previous year.
Orders placed by airlines for new
and faster planes call for initial de-
lveries of equipment shortly after the
first of the year. The extension of
such lines as inaugurated by Pan
American Airways across the Pacific
requires the addition of large units.
Plans are under way for a trans
Atlantic service.
Warren C. Platt, Editor,
National Petroleum News.
The oil industry has achieved de-
gree Of stability during the last half
of 1885 which has not heer aroroanhad
In recent years. At the same time. it
has enjoyed a new high record in gaso-
line consumption. Domestic demand
FOR gasoline will exceed 1s.ooO, 900 900
gallons this year for the first time in
history.
No great price war has developed In
Eastern retail markets as it did in the
last quarter of 1884. Retail gasoline
prices, excluding Federal and State
taxes, averaged around 1875 cents Der