Perth Amboy evening news., 1921-07-21
GOOD OUTLOOK
FOR BUSINESS
Many Lines Are Doing Great
er Volume of Business
Than in 1918

WASHINGTON, July 21:-Many
Industries now are doing a bigger
volume of business han they did in
1913, a normal pre-war year.
This is shown by figures now
available. covering the first half OF
1921.
In the fifty-two weeks ended July
1, corn exports from tine Unlteo
States were 50,616,2S1 bushels-al-
most exactly the same as in 1913,
and comparing with 3,939,952 bush
els exported in the year ended July
/, 1920.
Wheat exports from United States,
Including trans hipments from Can
ada. totaled 4~40,4S3,107 bushels in
the year ended July /, 1921, against
275,9S5,402 bushels the year before.
Wheat exports in 1913 were only
1~42,S79,599 bushels.
Here are cotton exports, January
1 to July 2:
1919 ...,.,.... z,961,005 bales
1920 .,,....... 3,205,564 bales
1921 .......... ~2,581,S51 bales
So far in 1921, cotton exports have
been at the rate of 5,163,702 bales a
year, against ~8,609,4SS bales export
ed in 1913.
In the first five months of 1921
money value Of all merchandise ex-
ports was $2,200,763,350, against
S1,OO2,S77,443 for the corresponding
months in 1913. For the same
months, 1921 imports were $1,137,-
g99,2S4 against $74S,341.028 in 1913.
Building Gains
Building permits in twenty-seVen
northeastern states totaled $1,066,-
256,O00 in the six months
July /, 1921. F. w. Dodge Company,
which furnishes these figures. points
put hat the total is nearly 10 per
cent. more than the average for the
same period of the preceding five
years.
Steel OF n Third
Production of steel ingots in the
nrst six months of 1921 was at a
rate of 21,2OO, 900 gross tons a year,
against 30,2SO,130 tons in 1913.
Steel production is only a third less
Than pre-war. Much of present
stagnation is due to this industry
having increased its productive ca
pacity A per cent since 1913.
Pig iron output, first six months
Of year:
1921 ............ 9,42S,000 tons
1913 ............ 16.347, 900 tons
Coal Near NOrmhl
Soft coal production is very low
compared with wartime, but total
output from January l to July 2 was
at a rate of 3~96.572,000 tons a year.
In 1913 only ~01,879,448 tons were
mined.
So far this year, anthracite coal
production has been at a yearly rate
Of 92,954,O0 tons, against 75,322.S55
tons in 1913.
Steel making is now the deadest
Of all industries. This was antica-
pated by coke makers who. so far in
1921, have made coke at a rate of
only 100000 tons a year, against
b9.271,070 tons in 1913.
~ Money Active
Bank clearings, the country over,
FIRST six months of year:
1921 ............ $lS0,09I,696'Ooo
1918 ............ S6,106, $4,000
These clearings indicate hal the
nation is doing a business volume
nearly 60 per zen greater than in
1918, for experts say that combined
wholesale and retail prices now
average only about a half moro than
in 1918. At that rate, the 1918
volume of business could be han
dled with $130,000,00 Of clearings
tor January to July.
Bond sales on New York ex-
change in first six months of year:
1921 ........... $1,515.575,000
1918 ........... 2~S0,774,500
Total transactions in stocks on
New York exchange, first six months
of year:
1921 ........... 96,910,400 shares
1913 ........... 46,606,477 shares