Salt Lake Telegram | 1921-04-24 | Page 32 | Leather Outlook Now Improving

r LEATHER OUTLOOK NOW IMPROVING S Some Indications Price Decline Decline De De- De- De cline dine Has Been Checked BOSTON April 23 The The outlook for leather is brightening A much more hopeful feeling exists Many lany express the that it will not be long I before there thero is a healthy resumption of or business in all lines of the Industry Much of or this improvement in tone is due to the fact that hide and leather prices have made no further declines in the past two weeks A prominent dealer lealer says While it may mav not mean that we have seen the lowest prices still sun it indicates that stabilization is under wa way S Some me dealers are now askIng asking ask ask- ing Sag advances a on their products In Chicago heavy Texas hides have advanced a cent a pound on a sale Fale of or hides which was practically all an there was In the market Six thousand eight hundred Western Vestern calfskins sold sole Thursday at 17 cents A week ago I the price was wag 16 1 cents I Upper leather dealers are experiencing experienc experienc- ing a better demand for small lots and arid from a much wi wider er clientele Volume of sales Is Increasing Increasing- A big sole loather leather leath loath er pr house has recently filled an order for sides for a manufacturer who has been buying only in side lots for some time A tendency to getaway get g-et getaway getaway away from the to mouth policy of buying Is beginning to assert Itself President E G. G Howes of Howes Brothers company says MYS The consumption consumption tion of sole leather both for new soles repair work has averaged about 66 16 per cent of normal durin during the whole period of depression This compares favorable with the extremely consumption consumption tion In other lines of staple products The kill of cattle is showing a de- de cide cidAd- cidAd falling off of and I running about 1 18 per cent behind a year ago The rhe figures are now approximately at atthe atthe atthe the 1915 level The supply of or cattle In Inthe Inthe Inthe the country has decreased It is estimated estimated esti estl- mil mated that thai there are fewer cattle cattle in In the country countr now than a year ago If the tanners should begin to buy anywhere near their normal volume volume-of hides we should s see e hide values Jump I 5 to 10 cents a pound S no BONDS Ds NE E April 23 Liberty Liberty bonds toS to to o oday day ay closed S c. c First bid Second Se-cond First 4 Second 4 Third 4 s Fourth 4 Vis Victory 3 Victory 4 I. I