Show II I e EXPERT TELLS TRADE VIEWS VIES Weather Adversely Af- Af Affecting Affecting Affecting Spring Buying Outlook Good Folio Following In the he board of ot director directors tor tors meeting of ot the Motor and anda Manufacturers a lion held at the directors room I nil headquarters risk buildIng budding New York city on March t president Griffith made the Ing statement to the he press The business situation 0 of at 1 today y Is e 5 a n t two sided picture rt Manufacturers Manufacturers I ot of commodity lines that are marketed to the general publIc ha e not experienced the increase ot or commitments and sal sales s for March arch and t the he first trot part ot of April tint that was sae expected and seem seem- seemingly warranted by tho the February conditions and approaching Vaster Easter Vas Vas- ter season seaon nIT lL SILES II SLOW Kren een competition brought about about bv by excess produce e capaci I capacity ty in to man lines ha has hasi tended to hold prices le level el 1 or brought some somei I not warranted by cost conditions This Thle con condition dIll on seem seem- seemingly seemingly ly In hn hoc has tailed failed ailed to stimulate retail re- re rei ret re retail i t tail busing bu although It 11 Is reported report report- reported ed d that the tle 0 prominent mall mail order housed house have hav enjoyed a marked In- In so In-cica-so Clea de CleIl-de e In business Manufactured fan cotton and woolen goods are t I prices said to be less than the re- re reT ref replacement re replacement placement costs costa Production lu T f these thele lines hues as ac a writ well as shoe manu- manu is tIl etil slotting sloping to a con- con extent where retail sales expectations hn halo ha not been i Purchasing seems und unduly ly sen- sen Ilice 11 to 10 weather conditions rail rail- Fall in tile e sho show Increases and money mone le Is lenot not as liS cheap as some time since as reflected by federal ratios CO G ILl The Tho consensus of opinion or of orthe the board of ot directors Is le that the 1 general business of o the country 13 s Icing ad ad affected by fad tal- tali ail uie i me e of congress to I pass SS construe construe- tI e legislation The people ha ha hase rightly e expected that the tax pro pro- program program pro program gram would ha base havo been een seU settled led by now nO no Is need Co for greater econ econ- economy economy economy omy in government go a pronounced red reduction n in tax 1 tales lales ate and th the assurance that the tax burdens of oC the people will III not be bo Increased Ing ng of the situation J at will Bill unquestionably c I haw e a beneficial effect upon gen I gen gen- general gen general eral cral business conditions In spite pile pilet pt t f C an Impending year sear ear There Is some falling failing off oft in hi II orders and commitments In the c c accessory field but SO far this sear ear the he business as aR a whole hole Is as good or better than aI I last year fo toi foi like perlo period A let up let perhaps should 1 not nol ha hale base e been I as a condition today where here the rush of oC o spring anticipated and pro prodded for fot b bs many of or the larger pro pro- pro produce duce s Stocks of if chi les of man mans mansi i I makes arc ore In hand to core e ft fOI prom prompt pt delli cries to Inc usera I I the tho delayed conditions of atoning a oiling oth r sears earl I We We p a reasonable re I bl-I ba- ba ba-ance ba I ance bet between een optimism and con con- coi saUm should lie Re maintained 1 la bae dB should be tm 0 n a about out a ai at s to accumulate a stock of materials or I parts arts bc beyond ond i casa l firm or- or rs or-dt-rs In Inc Inventories should be held h UOn n to 10 a 11 close working mini mint mInimum minimum mum with the most poS poS- pos possible sible turnover from law Ja mater mater- las la's to shipment of oC finished goods ant a a constant contant stud of pro c the tho costs cots to 10 the point of oC max mas- maII maximum n nu u m efficiency II The Tho The Hale sale of will 11 un undoubted doubted be large largo in the lal ht months and probably with with- withIn within in 30 data daia the lite he duration of the present breathing spell can ht bl measured mote mOle accurately It Is the spirit of the industry str to attempt each ea eat to break brcik the tho record of oi the pre previous lous soar oar car by b a wide suds de margin and genera 3 Sven attempt ha have hate e been successful The Industry has had bad Its wagon hitch hitched ed od to 0 a star good judgment sill III not select a It comet or |