Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-08-04

aggregate crop returns are Just an
average production Of the country,
and the total yield of the principal
foods and feeds in measured bushels
is 5,S99,49S, 600, comparing with b.
S24,371, 900 last year, the difference
being in favor Of this year and about
representing the increased acreage,
However, the corn crop is not made,
and, while the prospects this year are
for a production well above last sea-
son, on an acreage four per cent less
than the revised acreage last year.
there is danger Of damages during
August from high temperatures IN the
western part of the area, where the
rains have not been up to the aver
age since the passing OF the Wet
spring season.
Plenty of Brcadstuffs.
Governmental price-fiXing of wheat
for the crop of this year was decided
upon last summer in order to stlmu-
late large acreage Of the fall seeded
variety. This grain is usually put in
the soil during September and Octo-
Der. The guarantee of $2.26 on basis
of Chicago, which means about $500
in the far western section and $24O
in the Atlantic states, brought about
an increase of 10000 acres over
the country. The fall conditions were
ideal, and the winter favorable to the
growth. Less than the average acre
age was abandoned. At the opening
of spring on the 5O,0OO.0OO acres
there was a promise of 95O,OOO,oOV
bushels of this variety of breadstulf
Unfortunately the rains. which gave
rank growth to the plant, were more
or less CONTINUOUS during the blooming
season and fertilization was reduced
with resultant light yields. Inc
dampness favored the Increase OF
some of the plant diseases. and rust
smut and scab We're general lIIgh
temperatures in June shrunk the too
waterv plants, and the final yield Of.
this variety of wheat is about loO,-
OO0, 900 bushels.
General Business Conditions.
Probably the most striking feature
in the present business situation Is
the remarkable progress that has
been made in shifting industries from
a war to a peace footing. Practical
w no preparation had been made for
this change. At the time the arms
tee was signed we We're at the apex
Of our war activities industrially, as
we'll as in a military sense. The sud
den change of conditions abroad
made it necessary Immediately 10
slow down in our war production,
and, necessarily, this entailed a shlft
to normal production.
The extent to which we have read
iLsted is indicated by the activities
in the various branches of business in
this country Those lines which in
war time were restricted as non-es-
sential of semi-ess ontiaI naturally
have increased their output. Those
which We're engaged in purely war
III oducton and were running 1T top
l otch speed and capacity nave faIlar
back to their normal output or less,
hut this readj 1stment has taken place
with a remarkably spiall amount Of
disturbance in the business world
Conspicuous in the correspondence
tC the Continental ard Commcrcial
National bank. in response to irquir
les regarding business conditions pre-
paratory to the compilation of this
report is the unanimity of optimism
Business men, more generally than
ever before report confidence in con-
tinued Industrial activity and in eX-
panding foreign trade. At the same
time, there is also reflected the