New Britain Herald Newspaper, October 5, 1923, Page 18

SON REVIEWS BUSINESS F FIRST MONTH OF PRESENT YEAR — | Rosaliy Opiy W Tos Hesid) Hills, Mass, Oel. 5| will have » sidewise (ondes the semalnder of the year" | W. Babson. In a statement today the statistician discusecs s during the last nlae which furnish au lluminating Belpful picture of business for the | and lavestor whe must developments for the last yuar . 1o August 1972 saye nd readjustiment af half eompleted general activity inereasing and L gonfdence running high. As a result| & gonditions improved and business | & up. In faet, the recovery was Sorapid that it carried us abore ner & mal In the last week in December, L Marting 1923 an a very active and wous basisa. Being a premature mpmn however, such proesperi. 1y eould last and after the first six months of the current year we drepped back fo a continuance of re- This has given us two ith decidedly mixed L conditions which have confused and . specti e upset the ealoulations of a great many business men “This boom during the first six months of 1923 witnessed a remarka- ble increase on the production of basic and industrial commodities, The vol- me increased 38 per cent from June | 922 to June 1023, The output of pig | fron climbed from 2,361,000 tons to " 85,229,999 tons from June 1922 to Jan- ons in per production increus 000 pounds in June 0 pounds in January 2023 and to 124,869,000 pounds In June 1923, Petroleum showed an in- erease from 45,660,000 barrels in June 2022 to 51,467,000 in Junuary 19 and to 61,364,000 barrels in June Poots and shoes increased from 000 pairs to 30,774,000 pairs and 6,000 pairs for these same re- ; months, Bince July, however, . this activity has receded. The United States Steel Corporation is operating " about 80 per cent of capacity, tods Its unfilled orders are now only 910,000 tons as compnred with 286,000 in June and 7,403,000 in March of this year "“The cotton mills which were run- ning large productions early in year have shut down but will proba- bly resume activities on unother price scale this fall. Automobile production has been the greatest in history, but 0 has exceeded demand at present price levels. July 15 have resulted. Tires are in approximately the same condition, price cutting jndications are now in evidence. Buliding materials rose to a peak in the late spring and declined somewhat since. Lumber is now selling at 13 per cent below April quotations. “Wholesale commodity prices as a group reachied their peak in March of this year when the Babson Com- modity Index stood at 156, Its Sep- pecial Values Saturday | Paper the | tendency may A score of price cuts since | farmer has to buy and the things the | tember reading s 166, & decline of twealy peints or 11 per ecent. Coppey is selling at about pre-war average has decliped shightly. Steel b selling at about 11 per eent below ils recent high, Beasensl streagthening in most commeditios may eceny this fall but the long = swing indication | points 10 a new lewer price level The agvicuitural situation,” con tinued Mr, Babson, “is not a8 bad as i has heen painted during the last few months, The price yueted for ) i 25 1. the bales gives an approx return to the eotten planter of $1,587,290,000, Last year's productfon was only #.-| 762,069 at & price of 36 cents & pound yielding a total value of §1,269.068, 000 In other words, the purchasing power of the cottan farmer this year | is 18 per cent greater than it was in 1922, The ecorn belt is practically as well off a5 It was last year as far as purchasing power is eoncerned, Corn prices for December delivery are quoted at ents a bushel while pro duction in indicated at 3,076,000,000 bushels wi gives a return to the corn farmer $2.214,720,000 compar- with last year's revenue of §2,110 0,000, In other words, the retu to the corn farmer in total are actu ally higher than they were last yeay “It in the wheat farmer whose in- come has been greatly reduced and it s his story that has colored the whole I agricultural outiook in the mind of the general publie. The combined | production of winter wheat and spring will be about 789,000,000 It should produce $525,450, od on the basis of $1.06 a for December deliveries IPigures for last year were §26,001,000 bushels at § n bushel with a total return to the wheat farmer of il,'ml‘.-‘ 472,000, This means that the wheat grower reallzes an average of 22 per| cent less than he did a year ago. “The farmers' dificulty these last two years has been due to the abnor- {mal spread between agricultural | prices and industrial prices. This sit- uation is gradually righting itself, So far, the adjustment has been affected by the lowering of the industrial | prices rather than the increase of in- | come to the farmer. This balancing | be interrupted from | time to time by divergent movement | of cither group but will continue over the next few years until a more equit. | able adjustment has been reached be- tween the prices of the things the wheat busl 000, 1 | bushel quo farmer has to sell. While we are not out of the wood as yet, by any means, the worst is over. We may be thank- ful for that “The slackening of general indus- trial activities has been due in a measure to increased foreign com- petition. This of course has heen felt in the manufacturing fields and has not as yet reached the retail trade which runnifig about 15 per cent When you see these delightful Models we have just received you will wonder at the we offer for tomorrow. All the very newesi Styles-are represented, in a complete line of colors. Snappy Pokes Clever Mushrooms Gloria Swanson Poke Off-the-Face Models Chic Turban | above & year age *$3.98—$4.98 5.98 NEW BRITAIN DAILY HERALD, FRIDAY, OCTORER 5, 1925, The fast that! soods are Wmeving 19 ihe consumers in tremendons volume s indioated by | the figures for frelght oar ioadings, | which have eontinued (0 make new yocords durtng the past three menths. | during the woek of Beplember were more cars loaded with | e adise and seat ever the ralls than any previeus week in histery. | Betail trade s " d but will ne doubt reflect 1o a0 ut the slack. ening which eceurred recently 18 the husiness of manufactuning ) “An Influs of foreign Wade chandise, & steady stream of whieh is now golng over our tariff wall wilt| tend 1o keep general business here | from any aetivity which could be characterized as a hoom, bheeause of the fercign exchange situation and general chaotie financial econditions possible for the Amer- | 1o compete with de goods on an the neat 18] months, however, this situation should | adiust itSelf to a considerable extent “General business aetivity, at the first. of the year,” concluded Mr, Bab son, “was running at 10 per eent above normal, A slight slackening in February gave way to another rise te approximately the same point in| Mareh, By mid-summer we had eross- | ed the normal line and gradually worked down to a point & per cent mr' low normnal by August 1st, Our pres. ent position is 10 per cent below nor In far st wer mal” Present indications are that general sidewise movement w orderly re adjustment will continue for the re. | mainder of the year | SAGE TEA KEEPS YOUR HAIR DARK When Mixed With Sulphur Tt Brings Back Tts Beautiful Lustre at Once Gray hair, however handsome, de. notes advancing age. We all know the advantages of a youthful appear- ance. Your hair is your charm. It makes or mars the face. When it fades, turns gray and looks streaked, just a few applications of Sage Tea and Sulphur enhances its appearance a hundred-fold. Don't stay gray! Look young! Either prepare the recipe at home or get from any drug store a bottle of “Wyeth's S8age and Sulphur Com- pound,” which is merely the old-time recipe improved by the addition of other ingredients, Thousands of folks recommend this ready-to-use prepara- tion, because it darkens the hair beau- tifully, besides, no onc can possibly tell, as it darkens so naturally and evenly., You moisten a sponge or soft brush with it, drawing thi sthrough the hair, taking one small strand at a time. By morning the gray hair disappears; after another application or two, its natural color is restored and it becomes thick, glossy and lus- trous, and you appear years younger. You Can Always Do Better At the Eastern The Largest Assortment of Smart Styles in New Britain CHILDREN'S HATS fox all ages Bring the Kiddies here our showing of Children’s ferent from the ordinary kind, atill the prices are no more. $1 Ail Colors $1.98 $2.98 toinorrow— Velours and Hats is dif- for selection. 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