The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-09-25
PRICE DECLINE BECOMING GENERAL

PRICE DECLINE BECOMING GENERAL.
Mail order houses are slsshing prices In order
to move their stocks and get down to the cur
rent market. Automobile manufacturers are
making sensational revisions downward in the
price OF their products. The basic cotton and
leather and silk and wool markets are notable
because OF the absence OF anything in the nature
f activity
Here actual Developments that afford the
final and convincing proof that readjustment Is
here In these developments the fact Ia blaz-
oned so all may read, II they will. that tho orgy
Of spending is over, the last drink taken and
the pledge signed. sealed and delivered. The
most unusual sellers market IN the history OF
civilization has become very certainly buyers
market
The patients physical condition is sound.
health good, respiration perfect, pulse normal
cheeks rosy, tongue clear. blood pressure fine
and sleeps like a babe. But he has no appetite
That must be stimulated, coaxed, catered to.
So the stimulants being given; the caterers
at work.
II would he a waste of words TO point out
the patent fact that motor car prices will fall
sensationally throughout tho entire list OF offer
ings The action of two leading manufacturers
force that. even II general trade conditions had
not been calling for 1t for months. Nor will
there be decline in wages. necessarily.
less number OF people will be employed in the
manufacture OF cars; much less number is
now employed; there have been regiments OF
men laid off during the last few weeks Al Of
these will find employment elsewhere in our
Industrial system,
Unquesuonably the disposition OF manufac-
turers and employers In all lines is to maintain
wages at their present point But existing move
mcnts In some spots to force an advance OF
wages under present conditions is the very
height Of sublime folly. II persisted In It will
inevitably result In disaster and seriously ham
per the work Of readjustment which, when
finally completed. will be to the very detinct
advantage Of all There is not an intelligent
human being in America that desires wage
decline, Every effort will be strained to main
tain tho present standard OF pay and living,
But there is not an intelligent student OF eco
nomic conditions that viii oyince the slightest
ympathy with any movement calculated to
advance wages now.
Complaint is made that the reductions in the
primary material markets are not reflected in
the retail markets, For easily undor-
stood and entirely logical too. stocks on the
shelves were purchased In a high market. Those
who own them have problem all their own.
The manufacturers are haIting their activities
TO afford merchants generally an opportunity
to move their stocks and get back on the gem
hrai market
When prices were advancing over night, as
they did for some three years or more, mer-
chandlsing was a delightful occupation. with
the market working in reverse It is r different
proposition. Before, the seller POSSESSED tho
advantage: now, the buyer holds the edge. There
will be sort OF betweon-ep period. but
within fcw weeks tho general retail trade will
be on the market The action OF the mail ordeI
houses forces this Just as the action OF ieat,nJ
motor-car manufacturers will force the entln
trade.
There is nothing spectacular nothing ser-a
tionaI nothing alarming in the daily develop
men,s now occurring. Tho immutable laws o
economies are working with an utter dsregar
Of tho wishes and wills Of men, They win
served.