Nogales international., 1939-08-12

Developments clearly indicate
that the industry is keeping
pace with the general improved
business outlook. Most of the
output is going into cOnsump-
ton. Normally, steel production
usually slackens in mid-Sum-
mer but the present upswing in
production is much in excess
of the most optimistic predic-
tiOns of a few weeks ago."
Charles R. Shipley, president Of
John Wanamaker of New York ano
Philadelphia, said: July reports
have been most favorable. In ad-
dition to the domestic situation,
think that because of the great
tension abroad it will be reflected
by greater foreign purchases from
this country. Already the English
are buying more American mer-
chandise than ever before"
The Automobile Manufacturers
Association reported that while
production of American-built mo-
tor vehicles during the first half of
1899 rose 81 per cent over the first
half of 1888, the ratio of increase
in sales was greater still. Complete
sales figures for June showed 3
per cent gain over May and 10 per
cent above June, 1888.
Merrill Lynch & Co., Inc, re-
ported sales of % chain-store COM
panies, including the mail order
houses, increased 1877 per cent in
June, 1899, over June, 1888
The Rubber Manufacturers As
sociation, Inc, announced that con-
sumption of crude rubber by U. s..
manufacturers during June, 1889,
increased 6.5 per cent over May,
1899, and 45.2 per cent over June,
1898.
Sales of the American Woolen
Co., largest domestic woolen textile
manufacturer, according to the Wall
Street Journal, "have been doubled
those in 1888. Operations show a
profit for the first half of the year
against a loss of $4,750, ,487 year
ago. For the past few months the
company has been operating at 8S
per cent of full capacity on orders
for next seasons cloths
Production of newSprint by
North American mills during
June" according to the Wall
Street ournal aggregated
344,044 tons as compared with
287,265 tons in June, 1888"
Westinghouse Electric & Man
ufacturing Co. announced that
new orders for the first half of
1899 showed 35 per cent increase
over the first half of 1888.
The Boys Apparel Buyers
Association, New York, an
nounced that advance fall or
ders for boys clothing showed
a 3O-per cent increase over July,
1898.
Says the Wall Street Journal:
"All divisions of the barOmet-
ric textile industry enjoyed ma
terial increases in demand dur
ing June. The industry is op-
timistic over the second half
of 1899. Sales of all types of
cotton goods are 81 per cent
in excess of production and un-
filled orders are currently in
excess of mill stocks
Total volume of business re-
ceived in the first half of 1889
was Is per cent better than in
the first half of 1885," accord
ing to the Electric Storage Bat
terry Co., Philadelphia, s'and
shipments show the same in
crease"
The magazine Chemical &
Metallurgicsl Engineering re-
ported increased consumption
in all lines of chemicals over
the first half of 1888 at these
percentages: coal products 23.5;
textile 80; rayon 70; glass and
ceramics 35; pulp and paper II;
glue and gelstine 20; explosive
35.5; rubber Ct; and plastics TO-"
The Association of Life In
surance Presidents reported
THE writing CT new life in
surance in June, 1899, was 22.1