Show Business Se Sentiment ti lt Grows I II I r As End Ead of Summer Approaches Stronger r Ba Basis is Now Exists It t Is Declared p Jar d for forS S Subsequent Betterment of Conditions l lAs lAs' As Aa tho the end of of summer Bummer lummer approaches hopes hope of ot further pains gains In business bus Are strength strengthened ened and sentiment ys cro grows crows more confident Nothing Nothing- g In the present luat situating suggests that sudden and general activity will follow th the tho recent slow and aRd irregular Improvement but a I stronger basis bul now noW exists for tor auble- auble quent betterment of ot conditions la says ay Dun Duns Duna 5 Review A A. gradual diminution of ot price uncertainties uncertain uncertain- ties te aa as m markets become more settled U la a. a potent factor In certain quarters quarter and sonic relaxation lOt of credit restriction as monetary trains strains are modified la Is also a constructive Influence Progress In trades tude that thai were quickest to 10 experience recovery from depression de as In textiles has ha met knot Ine with n R Interruption while some omo lines lne that have hav been ben laggards laggard Inathe in the the movement mo ement notably Iron end and ate te steel l I are au beginning to p participate moderately In the current revival After Afe many months of ot conspicuous dullness in 10 Various channels channel channel any ny change now ma may conceivably be bo In Int tho right direction and Ind evidence that buyers buyers' buyer Interest Is I. being re rekindled re re- kindled Ipp appears ar In the thc Increasing number of ot future orders order and Inquiries While the bulk bule of ot purchasing la ii I still confined to immediate or nearby needs need and andis la is II kept closely within the limits of ot safety commitments are are characterized b by somewhat somewhat some lame what what 1 less les SI Hesitation than previously The depleted state of many dealers dealers' stocks stock and and the necessity of ot providing for tor new season ASon requirements nu largely explain the disposition dispo sitton Illon to contract Rh ahead ad rather than moro freely but recognition of ot the fact that fundamental fundamental fun fun- conditions are ar sounder la is also a rein reason for tor more confident action acton With the te release of at t some ome business that tA had been long deferred production In different in industries In In- la is gaining a little although operations oper oper- in most mOlt Instances continue much below below be be- low capacity and unemployment remains a extensive The Tho latter phase phae enters Into all al calculations of at public consuming power and the trend toward economy In buying Is 1 1 I sharply defined In retail circles circle I Mote More oro definite evidence of ot betterment in Iron and steel conditions appears in this weeks week's reports The situation stilt still Ita leaves leaven 1 much to be desired but tho the trend is II in the right direction and sentiment Is II IC increasingly A. A cheerful Some Bor basis bula for U the e hope hop hoP that fall fal will wl bring a considerable gain In Tn business exists exist In the larger number of ot orders or or or- I ders derm der now coming forward and In the more mora I urgent requests for early deliveries With Ith I th the continued depletion of ot consumers consumers' I stocks manufacturers u are encouraged to expect ex ex- poet ft a I gradual revival of mill ml and activity and the rate rata of ot output Is la hl higher her this week werk at several points Close Closely following folo the r recent cent announcement of ot further further fur fur- ther thor wage age reductions the principal producer pro pr pro producer duc ducer r has hal named additional price concessions conces conces- dons Ilon changes change being mado in sheets and to conform with tho the quotations fixed by independent Interests In pig iron where tho the improvement of ot last lut week has hns been held advances advance of 60 50 cents cent or more above recent low figures figure are ar nOl noted d in some om districts While While- Irr Irregularity l of business and Ind prices characterizes tho the hl hide e markets th the tha continued contin contin- tied urd liberal movement of ot domestic packer stock occasions favorable comment tnt With Important tanners tannen operating freely sup plies piles pie at certain points have havo been closely cleaned up up and some lome packers have also booked sizable liable quantities for their own o n tan tanning tanning tn ning account The The PC calfskin market moreOver more more- Over ever maintains maintains' Its It activity and strength but dullness I Is the rule lit In country hides and accumulations have hl e a effect Contrasting with the tho Improvement In some descriptions description of ot leather trading die die- els closes close reduction 1 with wih a I considerably lessened lessened less less- ened demand for various lines of ot upper eneL leather The Tho foot footwear ar situation on the th theother theother other hand continues continue fairly satisfactory and sod efforts are re being made mada to produce shoes at At prices sufficiently attractive to Indue consumers to bu buy more freely Liquidation of stock purchased at hl high h prices made bus good progress and there Is II now more mora of ot a 1 tendency to rt return rn to staple styles Reflecting the recent improvement In condition con eon I i. i primary dry goods markets aro arc holding very ae steady dy with ih further price adVances ad- ad Vances on some cotton fabrics fabrici While conservatism con con- I 1 r is h mill UI general du due largely ly to recognition of ot ofa a 1 reduced consuming power powe business in textiles Is 8 considered rein relatively t I b better than in various other channels channel Thil This ter situation is is' II ascribed mainly to the time I comparatively low prices price for dry goods and tho the cumulative effect of prolonged restriction ton tion of ot output With demand reviving op operations op- op orations at cotton oton nod woolen mi mills are arenow arenow ar now on the most mOlt active scale of ot th the year but curtailment Continues at some somo of tho the Important sik silk centers center In nil all al lines the trend toward Economy economy In purchasing Is II evidenced by bY the he he preference being shown for for merchandise of a staple character and retailers find that chat hat trade on other than cs I cs- cs I comes only through the tho naming of 0 lower prices than have hl e b been bren n witnessed In hr s 's leveral several veral years yeu A rise rie of about 10 0 a ba bale I In tho the cotton coton options featured d speculative markets this week Unfortunately bullish weather news was tho the propelling force behl behind tho the upturn I private advices indicating further damage c to 10 the crop notably In the tho Southwest While the mo mot t p pessimistic advices ad were ere not nol wholly 4 by the official summary temperatures bf t and Ind more moro were common com toni I mon Ion in Texas and estimates of yield were wee I again reduced Talk of A 1 crop of ot only bale or even less Cul caused d urgent covering of ot abort hort contracts contract and bearish features were weT for tho the time being largely ely disregarded TO some extent the movement In cotton coton was waa wal 0 paralleled b by the tho action of wheat advanced era fe several cents a a. bushel buhel In th thc quarter crop news ne' ne was not the determining factor a a good export and domestic milling demand giving chief support sup sup- port port While Western receipts receipt closely approximated ap ap- ap pr those tholo of ot last week and were much In excess of last years year's are aro Iro now on a B I less s extensive scale cIlo than In Inthe Inthe Inthe the early part of ot tho the month |