Evening star., 1935-12-15
Continued From First Page.)

Continued From flrSI Fdse.l
tion since November and have solo
ahead for three to four months. Prices
are I'D l71a cents. Further Use IL
1886 is anticipated
Cotton is in a stronger position
than in many years, although tlle III 0'
nart of the year was most difficult.
six consumption is up 10 per cent
r,rices in ,rapan are "A per cent ABOVE
january / last. with New YORK IeVeIs
obo,It 40 per cent higher. The lnous-
trv is on a more equitable basis, Win
The 1886 outlook good If fairly
stable price status obtains .,.,,
Rayon reached a record ah-tliie
high for production and consumpUlon'
weaving yarn prices rose D per cent
with another per cent rise prooaole
in 1886. g. f,,,.
garments resulted in considerable ac-
tivitv, In raw fur prices a DOWNWARD
trend is expected.
Dan M Alvey, Editor, the Foundry
The foundry industry, basic to all
manufacture, reacted to increased
general business in 1885. AutomotlVe'
tractor and farm implement sources
nrovide a stimulus which started early
IN the wear and continued through
without any evidence OF the usual
summer recession. A further impetus
was supplied by consumer goooS oe-
,nand and castings for domestic utiil-
ties such as washers, refrlgeraVorS
heating and air conditioning ma
chinerv. and sundry small items gave
increasing business to both ferrous
and nonferrous jobbing foundries.
However, the inertia Of durable
goods lines proved a drag. The ao-
vancement of Government-tinanceo
municipal and State projects, on the
other hand. brought orders to manu-
facturers of power, electrical aho
pumping machinery, which increased
heavy castings demand.
The foundry outlook for 1886 is en-
tirely dependent upon confidence. All
industry needs re-equipping.
Godfrey NJ. Lebhar, Editor, Chain
Store Age.
Chain store sales in 1885 will show
q slight gain over 1894. according to
present data covering 27 leading com
panies. operating more than 2O'OOC
stores in the variety, grocery, drug
apparel. auto accessory and mail order
fields.
These companies, including two
mail-order houses, had aggregate
sales of S2.286 100000 in 1884, and
their sales for 1885 will be approXl-
mately $2,538000,000.
One important development in 1885
was the widespread attention given
to the modernization of stores by
practically all types of chains. sur
vey reveals that the chains spent
S70.O0C, 900 in modernizing existing
units and opening new stores, which
was equal to the amount spent in 1888
and 1884 combined.
Carl w. Stocks, Editor,
Bus Transportation.
The bus industry adds its voice to
those that affirm business conditions
are improving. If the results so far
reported hold true for the rest OF the
wear, with expected seasonal gains
in city operation, bus transportation
estimates the total gross operating
revenues for 1885 will be $336,000 900
for the entire industry, approx
mately 7 per cent higher than last
year.
The rapid modernization of bus
services is evidenced by the fact that
inter-city operators purchased more
than 1000 new busses in the first zine
months of this year, and almost as
many were acquired by city companies.
The most significant happening in
the long haul bus field was the pas
sage of a Federal law which brings
interstate carriers under Jurisdiction
of the Interstate Commerce Com
mission. The I. C. C. is expected to
aid in the stabilization of rates and
in the elimination of cut-rate COM
petition. Undoubtedly the sense of
stability which the law gives to the
industry will encourage orderly eXpan-
sion.
Joseph B. Mason, Eastern
Editor, American builder.
Building men will long remember
1885 as the year when the nine-year
decline in residential construction was
halted and vigorous revival staged.
In 1885 the downward trend changed
and volume practically doubled 1884.
For an industry as gigantic as home