The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-11-07

view viii In future be- . regular
feature OF tho Wockly business
Review pnge Of tho Saturday cve-
ming issue OF The Herald. II IL n
weekly Hurvey OF financial bust
meas, economic and Investment
conditions In tho United States.
complied BY W \ Cousins. from
special reports Of trained CORE
s~pcnocnts In the strategic conte~s-
Mr.. Cousins. author Of the review.
~ q financial writer Of national
prominence. having contributed
10 leading magazines and news
papers on financial topics for
more than 10 years. For many
years he has been editor and pub
Usher Of the American Banker
and National acceptance Journal.
q Ieadlng weekly banking ncwa-
phper. His weekly business re-
vieW, founded an 1912. " regard
Cd as standard In financial circles
throuehout the nation. In seek
ing for general business review
which would be nt once conpre-
hensire and reliable. The Herald
found tho Cousins review 20 be
tho ono most favored by financial
authorities a. rejecting the view
Of leaders OF conservative huai-
nefs throughout the country.
The Cousins Review viii be n
feature OF the Weekly Business
Review In the Saturday Heraid.)
-
NEW YORK Nov. DAY to day
developments In the important finan'
cini and business sections OF the Oun
Try are being carefully scrutjnixcd IN
the attempt TO CLEAN from them soms
reliable indications OF the future
course OF business In this country. To
those who are able TO Interpret these
Indications most correctly the hest re-
wards Will be forthcoming In the
years 10 come, and Il H. for that ca
son that business and Industrial lead
ers are dcyoting their efforts 10 an
intelligent pcruul OF the charts that
are supposed to point u the shoali
and the safe channels OF commercial
navigation.
For the most part the views taken
by our outstanding captains OF in
dusiry become mere optimistic as ths
DAYS go BY. They are In a position "a
check up on many features that ar,
not available TO those who do moi
occupy such positions OF leadership
When Charles NJ. Schwah. president OF
the Bethlehem Steel corporation. feel,
80 ccttaln that the country Is on tho
verge Of sustained prosperity that M
Is willing To prepare FOR II by max
ing substantial additions 20 his plant,
we can make SURF that somethinE
more than uptimistic sentiment enters
into his consideration OF tho matter.
u cannot be denied that the wheela OF
industry are moving al n gradually
~lpickening pace domestic and foreign
problems which have a bearing upon
our " prosperity are gradually be-
Ink solved. and iuduatry Is steadily
proceeding on the up grade.
Siens Of Better Times,
when asked 20 enumcrnte the sub
slantlai Indications OF continued lmr
proyement In tho business situation. q
prominent New York banker submit
tod the following list;
a. IMPROVEMENT. month by month.
in railroad n loadings, and In t.affilc
volume. which are most satisfactory.
considering tho present depression.
y The srnGual reduction In the
Yield on hiEh c-asa bonds. and the
marked Improvement In the price Of
government obligations
G. The steadily accommodating sur
plies % banking reserves and credit
fRciiitics.
?. The stnbiilzing Of commodity
T. The -cady absorption Of an new
Issues or high grade securities. com
bined with The rising quotations Of
issues on the stock OK
Prices OF tho different groups Of
a. whoiesnls. composing
the Department OF labor index. con-
TO seek 70 cpinmon level. Tho
Increases and decreases Of d~lffercn.
groups eXactly offset one another. 20
that the Index as q whole shows no
changc. and f. h. about the level which
has been maintained. with lille Glue
t%uation. since last MAY.
The changes In the aspect Of several
the more Important hraurhpH ~
business activity ato reflected lu credit
conditions. Interest rates hnyr RE-
turned 70 about the same lcvcls ms In
many months Of 1913 and 1919: uc-