The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1921-07-21
BUSINESS NOE So
BAD COMPARED
WITH '13REC0RD
Even Soft Coal Output is
Almost Up To That
Year
BY ALBERT. APPLE.

Many industries now are doing a
bigger volume of business than
they did in 1918, normal pre-war
year.
This is shown by figures now
available, covering the first half Of
1921.
In the So weeks ended July 1,
corn exports from the United
States were 5O,616,2S1 bushels-al.
most exactly the same as in 1918,
and comparing with 3,939,952 bush
els exported in the year ended July
Wheat exports from United
States, including trahs.shipments
from Canada, totaled 440,4S3,107
bushels in the year ended July 1,
1921, against 275,9s5,402 bushels
the year before. Wheat exports in
1918 were only 142,S79,59s bushels.
Here are cotton exports, Janu-
airy to July 2:
1919 .......... 2,961,oo5 bales
1920 10000. 3,205, 1854 bales
1921 .......... 2,5S1,S51 bales
So far in 1921, cotton exports
have been at the rate OF 5,163,702
bales a year, against S,609,4SS bales
exported in 1918.
In the first five months Of 1921,
money value Of all merchandise ex-
ports was S2,2OO,763,350, against
81, 002, s77,44S for the corresponding
mnoths in 1918. For the same
months, 1921 imports were S1,137,.
.S99,2S4 against $74S,S41,02S in 1918.
Building Gains.
Building permits in q north.
eastern states totaled $1,O66,256, 900
in the six months ended July 1,
1921. F. w. Dodge Co., which fur.
nishes these figures, points out that
the total is nearly 10 per cent.
more than the average for the same
period OF the preceding five years.
Steel of a Third.
Production Of steel ingots in the
first six months OF 1921 was at a
rate Of 21,200,0O0 gross tons year,
against 30,2S0,130 tons in 1913.
Steel production is only a third
less than pre.war. Much Of pres.
ent stagnation is due to this indus.
try having increased its productive
capacity "A per cent. since 1918.
Pig iron output, first six months
Of year:
1921 .'......... 9,42s,OOO tons
1913 .......... 16,347,0 tons
Coal Near Normal.
Soft coal production is very low
compared with wartime, but total
output from January l to July 2
was at rate OF S96,572,O 900 tons a
year. In 1918, only 4O1, S79,44S tons
were mined.
So far this year, anthracite coal
production has been at yearly
rate of 92,954,00O tons, against TO-.
322,S55 tons In 1913,
Steel making is now the deadest
of all industries. This was antici.
pated by coke makers who, SO far
In 1921. have made coke at rate
of only G,SO2,0OO tons a year,
against 39,271,070 tons in 1913.
Money Active.
Bank clearlngs, the country over,
first six months Of year:
1921 ........ $1S0,O91 500. 900
1918 ........ S6,10G,5S3 900
These clearings indicate that the
nation Is doing q business volume
nearly so per cent. greater than in
1913, for experts say that combined
wholesale and retail prices now
average only about a half more
than in 1918. At that rate, the 1913
volume of business could be han
died with $13O,0O0,0OO of clearings
for January to July.
Bond sales on New York ex.
change, III first six months Of year:
1921 .......... $1,515,575, 900
1913 ......... 2S0,774,500
Total transactions in stocks on
New York exchange, first six
1921 10000. 9C,9t0,4Oo shares
1919 ...... 4G,606,477 shares