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The Gallup Herald in Gallup, New Mexico

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Articles on This Page

This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

The Gallup Herald

Location

Gallup, New Mexico, United States of America

Date

Oct 08, 1921

Page

6

General Business Conditions by George E Roberts

The end of September shows signs of improved business with seasonal gains in shoe, cotton and woolen goods industries. Raw cotton rose from 11 to 20 cents a pound, boosting the goods market, though mills face costs if cotton prices rise further. Retailers resist textile price increases to sustain trade, while fall activity grows but profits stay tight. Wheat world supplies hover near last year, with 185 million bushels shipped between July and October and future prices tied to Argentina and Australia harvests.

United States Canatty Argentina Australian Europa Multnomah Motor Co Vancouver Wash Ching Oriet Canada

United States 1921 Production Trends and Wheat Outlook

A Federal Reserve Bank of New York table shows monthly U S production as a percent of normal with note on seasonal variation. The piece argues prosperity requires balanced industry and free exchange, cites high industrial costs, unemployment, and calls for rational labor leadership. It discusses farm prices, crop prospects in Australia Argentina and Europe, and notes oats and corn yields, with a page 7 continuation.

The Federal Reserve Bank of New York Australia India North America United States Argentina France

Pacific Business Review on Stock Market Upturn

The report notes a stock market advance with Industrial Stocks and Rails led by lower Federal Reserve rates from 4 to 5 9 reducing money strain. It cites steel mill recoveries, resumed operations, rising rail profits, growing motor and tractor demand, and prospects for wider railroad consolidation under the Transportation Act.

Also Mentioned on This Page

George E. Roberts National City Bank of New York Gallup Gallup State Bank Russia Aoee Eee Pacific Business Review Federal Reserve Bank Intercat Pennsylvania Missouri Pacific Northern Pacific Interstate Commerce Commission of Commission Peoples’ P. Milan & CO Gertrude M. Reynolds City Electric Shoe Shop Coal Avenue L. G. Shanklin Jakob Skoflek West Coal Avenue J. McMahon Edward Hart East Railroad Ave Gallup, N. M L. A. Menapace Sth Street Princeton
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