The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-02-27
Current Industrial
Conditions.

Secretary Of Commerce Rcdneld.
who b. making a notable series OF ad-
J dresses before various commercial
bodies iu the eastern states. spoke be.
fore the BOARD OF Trade Of Wheeling
West Virginia, Monday night ON cur
rent Industrial Conditions The
secretary b addresa consisted largely
OF quotations from various trade and
manufacturing authorities as To- cX-
isting conditions, in contrast with CON
ditions as found during the autumn or
1919. These quotations show, without
exception. q change for the better
which cannnot fail ia be encouraging.
The secretary said. among other
things:
II have found In t,,c last fortnight
the reports OF improving business so
many and So general tina 1t has been
impossible foc me to consider them
alt
Among other clements That count
Tor confidence Is M fact hat the
weather In the great agricultural
states was IN the early pHrt 81 the
winter such as permitted the farm
crs giving i1c attention to their soil
while the winter wheat bel,. in which
Ia larger acreage than usull has been
sowcd ana In which the plant was az
last accounts In good condition is we'll
covered with snow. "a circumstance
which is Tor the present wholly favor
liable. From the conditions thus far
existing concerning this important
crop no u%nfavorablc prophecies can
bee drawn.
The untitled tonnage OF the United
states steel corporation ON January
i3l. 1914. was $500. 600 tons, an in
crease OF 33b.u00 tom over the un-
Oiled tonnage NJ the CLOSE ~ Decem-
bier and larger than the untitled on
mage ~ the ,iose Of amy month since
september.
Looking hack over The record ct
untitled onnagc foi this company we
find that the amount untitled az the
close OF last January was greater than
at any time between June 80. 1910.
and November 80. 1871. and that i'm
deed. taking the quarterly reports OF
the company as "a basis. there were
but four periods from the close OF
laei GO the close uf 1914 in which
the untitled tonnage was as large az
al the close of January last.
"t Is important also 10 note that
reckoning hy the ten-year period th'
record shows that there is an aver.
ase decline in %Jsnnary of iO5. O0l
tons The Increase IN the unnIle,
tonnage during January ct the pres.
ont yea h. therefore. about lso. O0'
tons better han the normal for ter
I, years past Moreover. there ~ cvi
f donce that q number OF deferred or
ders are SIN 60 come. and those hes
informed in financial circlas state thu
Ia viii not bee surprising Dr. IL montl
hence the statement for Fcbruar
shall show another gain in fho untillel
tonuage. There is IN the above rec
ord nothing 10 cause concern espe
ciaily since the steel corporation 70
ports am increase of b%oohings 81 40.
/, 600 TOM dally in the nrst half ct Feb
/, ruary as compared with The same day
m January.
True, the present untitled Tomas
r. OF which We are speaking h not d
!. large by 2.o0o. o0o tons. or even NOR
as IL was during the win'er moRti
n al the close of 1879 ana the besinnin
q Of 1913 There b. therefore no hooi
a and I ans very giad that there is no
i. a seems 90 me better for the industI
= and the country that the recover
!. from the shght depression Of the iaI
i fali should be gradual aud reguli
y tban that d should expand too fas
e use the sord slight depresslo
n adyisedly. for az the lowest point
the recent winter the untitled erde.