Show TRADE SHOWING SHO WINO Business Reports Sho In Increased Prosperity 1 InUS In V U S B- B By nf COIF X of of Correspondent of The Examiner C iDl 1926 1326 Cons d Press Association WASHINGTON X July 5 WhIle B bus g the books of a 0 fI- fI fis year cal remarkable In many re respects 1 ye- ye merchants of the States Slates have hao their hands full gt ing lon to a summer Bummer trade of astounding proportions Millions of dollars have changed week because aay Independence dence ay falls fall on Sunday and therefore Monday ay ill be bo a 0 a holi boll holiday holiday opportunity day tipis tIus affording for a a holiday from Saturday until Tuesday morning In In man many lines the tho calendar Is doIng much to tomake tomake tomake make up for slow business due to toa toa toa a late lain spring S OPTIMISTIC While Interested eted int ested In knowing just what happened to thC them In tho the fis fiscal is- is cal year which closed Wednesday business men mend Generally speaking have entered the new period with witha II a spirit of optimism There will besom i seasonal dull dull- dullness dullness n ness ness ss this summer a accompanied by bythe bythe byth the usual stimulating mark down sates sales but business prophets that the tho desire of o the American o people to go co somewhere som will b be bea a and that charts charta of past experience cannot accurately point of this year Already Aready lines with the vacation vacation spirit are In h ht heavily v ily lIy Increased volume Even as early II as as- as May the last tast month for fo which detailed reports have ha been sent to the federal re- re reserve re reserve serve board statisticians st U sales of luggage showed an nn Increase of nearly 7 per bent ent over those thosa of the same saine month In IMS 1925 while transactions in n leathe leathe- roods goods good de- de de meaning used principally In traveling tn- tn creased cr aKed more than 17 per cent And the sales of things thing's to carry In this luggage naturally Increased Increased ed RECORD PROSPERITY Looking d a mom moment en the fiscal year ended June 30 established new records of pros pros- prosperity prosperity prosperity in many lines of ot business and industry with Ith a fw Few sore spots pos liere herc and there Production has slowed up somewhat In the last two months Cut But with both retail and wholesale sales sates la Ia advance of those for tor the ame tame months of the previous year and an stocks In the tho hands of retailers only slightly higher at the end ct cf May and probably lower Ver than thon a year ago when June It will not be belong long one ong before betor manufacturing production tion will have haye taken up tip Its slack and will operations on a higher scale of activity Un Under er the Inc new system of busi busi- business busi- busi business business ness by which lice lage stocks are avoided by all actors In the chain from Crom producer to consumer the charts will be bo round to have more or ups and downs Just as the ret ret-iller Is not t ting Ing up large capital in heavy stocks and the wholesaler has followed his customers lead so the th manufacturer manufacturer Is not disposed to accumulate accumulate late goods roods In In- In warehouses far In advance of orders Prices s In general Renera have softened somewhat This makes up something of oC what the farmers have lost through lower prices lot COt agricultural products tor for his dol- dol dollar dollar dol dollar lar lar- gOes go s practically as tar far as a year ago aeo although he may get ret l lees crops for his crops Agriculture stilt lags but butth the the department devoted devo to that Industry week Issued II a statement sounding II a a rather op- op op optimistic note especially as to wheat wheat- SOUND SOUNI Governmental finances closed the fiscal year rear In very VOr sound und condition Income tar tax payments being ahead of the previous year year- despite lower I ates rates In th the n new w revenue ee Jo ac act Customs collections collection for Cor the year rear set a new high record In the history of the country totaling which which Is greater than preceding and the th previous high record held by the tho fiscal year 1924 1 2 1 And thIs was In the th face tac of the fact that more than half halt of the total Im- Im Imports Imports Im Imports ad ad ports measured by value were ad- ad free tree of customs duly duty What business men nen are most interested In Is th the outlook for forthe forthe forthe the future Reports to Washing Washing- Washington ton agen agencIes les which I keep cep their fin Cin fingers g gers rs on the pulse puso of Industrial and trade operations Indicate clearly that In general lbS th country ha entered the th new t fiscal year at d a higher speed than a II year ngo ago ao when condItions condition were ere goad MORE MORK Check payments throughout June were higher his than Ulan In the ame months a a year ear ago aco Loadings Loading of revenue freight by railroads railroad were larger Business failures were n smaller The vacation habit pt pf p the thc Am American Am- Am American American people Is playing an aa in In- In Important rol role In trade Astounding fIgure were reache reached In this respect last year Indi Indi- Indications Indications are a re they will bo be consid considerably exceeded this year ear Be Beyond Be- Be Beyond Beyond yond that there Is hope but the tl irol rote role of prophet Is assumed by few |