davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Credit, Still Tight, Becomes Slightly
Easier as Commerce Borrowers
Pay Off Frozen Loans at
Banks, Survey Shows

reports given the local Chamber of
Commerce.
Despite unemployment there has
Keen little distress among the workers
A we'll regulated system of charity, to
which funds are subscribed yearly
through = campaign for community
Retail sales have slowed down as q
result of unemployment, and are re-
ported to be much less active than in
the period up to last September.
Plans for expansion Of industries al
ready located here or the bringing Of
new industries to the city are still held
in allegiance.
The agricultural situation is improv-
ing. Practically all of last years
crops, with the exception Of potatoes
and onions, have been marketed. APP
pies and cabbages have been moved out
completely. The supply of onions is
estimated at from 200 to 800 cars, and
the amount Of potatoes still held in
storage at still greater figures. 1t is
felt that the farmers will not plant
heavily this year.
"The prevailing sentiment regarding
business" said Arthur r. Tucker, in
dustrial commissioner of the Chamber
Of Commerce, sis that it is due for a
slow but steady improvement. Some
factories have orders ahead, but are
turning out goods at moderate pace
so that they may not be compelled to
shut down later if orders do not con-
tinue to come in. Some reports have
reached the chamber of concerns en-
Raging new help"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Recovery in Nations
Trade Reflected Here

AS clearing house both financially
and commercially for the rest Of the
country New York City is rejecting
the industrial conditions to be found
elsewhere. In the great wholesale
markets there has been steady i'm
provement in the movement of textiles,
clothing and fancy footwear Silks and
woolens have shown the greatest
amount of improvement. Following an
augmented activity in cottons early in
the year that trade has simmered down
TO a lower level Of movement, but is
vastly improved over conditions as
they were at the close Of last year
The industrial bureau of the Mcr-
chants, Association estimates that un-
employment in the city, which reached
318 per cent Of the workers here on
January /, has been reduced third.
This means that approximately 1913
per cent of the normal number of
workers in the city are employed at
present.
The increased activity in the gar
ment trade is partly attributable to
the opening Of the spring season
Other increases also have been shown
IN lumber, woodworking, high grade
furniture, machinery, automobile &C
cessories, metal stamping and certain
metal specialtics, furs, food products
and confectionery. Industries in which
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Situation Still Complex
In Region of Cleveland

CLEVELAND.
Because of its diversified industries
Cleveland and the surrounding district
present complex situation now. In
March decided improvement was no.
ticed in the rubber industry, automo-
bles and accessories, textiles and
clothing and food products in the order
named. Sales by ten of the largest
in lustrial plants in the city, accord
ing to a recent survey. were 45 per
cent of those of May, 1920, the peak
of activity, whereas in February they
were but 35 per cent of the total re-
ported last May.
Depression still obtains in iron and
steel Foundries, blast furnaces and
rolling mills are working at almost the
lowest levels Of production ever re-
corded.
In sixty Of the leading indus
trial plants, employing normally
$4,000 workers, about so per cent Of
the working forces are employed at
present, according to Leonard P. Ayers,
vice-president of the Cleveland Trust
Company. There is no peak Of en-
ployment,' he said. at is plateau.
The employment at go per cent OF
normal has remained on a level since
lHS IISL Wcck III OtCciHDcE. 1HeSc gem
eral conditions do not get better or
worse from Wee; to week. Employment
conditions have improved in the auto
mobile, textile. food. paint, rubber and
building industries"
There is still vast amount of
frozen credit in the Cleveland area
Inventories are being worked off
gradually. Many Of them have been
safely financed. but as yet have not
been distributed to ultimate consumers
Iron ore at the docks in the Cleveland
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17

OF industrial plant expansion have
been held in allegiance.
In retail sales the diminished pur-
chasing power Of some groups of
workers has been reflected, but the de-
cline has been less drastic than gen
orally anticipated. Inventories have
been reduced and. although still a
problem, merchandising men are cheer
fui. Business sentiment generally has
improved and sensible optimism pre-
walls
Aware of the wide local variations
IN conditions, The Tribune herewith
presents studies Of special conditions
in each of twenty-five cities. A COM
parative view may be obtained from
the accompanying fever chart of Amer
lean industry. The Tribune takes this
opportunity Of acknowledging the CO.
operation and help of Chambers Of
Commerce and banks throughout the
country, without whose assistance it
would have been impracticable to
gather this vast body of authoritative
information.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17

silk, tobacco, full fashioned hosiery
and lightweight underwear, which are
among Philadelphia chief products,
" do not believe the peak of unem-
ploymcnt in this city has been passed. y
said Sheridan Taylor, secretary Of the
Industrial Bureau of the Chamber Of
commerce. Il am Of the opinion that
at this time there is a greater amount
OF unemployment in Philadelphia than
at the first of the year, or even the
first of March. The peak OF unempIoy-
ment may have passed in the textile
industries, which seem to be picking
up. The metal industries, believe,
have just about reached the peak, or
are near it. The construction industry
in the city practically is at a stand
So far there has been little distress
in the city because of unemployment.
Savings bank accounts show q steady
gain, which unemployment and part
time work have not overcome. On
March ! savings accounts showed de-
posits of $206,901,359 against $241,-
958,044 on March l last year.
Expansion and development plans
have been abandoned for the time be-
ing, largely because of the belief that
labor. building, machinery, etc, will be
cheaper at later date.
The retail trade, where prices have
been sharply reduced, is active. Pur-
chasers are operating consevatively,
and stocks are below normal for this
period Of the year
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Fall River Still Feels
Cotton Goods Dizziness
FALL RIVER. Mas

ALL III Y En-, W ass.
Depression is still bearing down
with heavy hand in this, the largest
cotton goods producing center in the
country. There was steady curtail-
ment Of production and falling off in
sales from the second quarter Of 1920
to the beginning of the current year
At that time wage reduction of ~
per cent went into effect and during
the month Of January there was a pro-
nounced revival in the local textile in
dustry, with mill, operating close to
capacity. February and March, how
ever, showed falling of, and the in
dustry is now at the lowest point
reached since January 1, this year. It
Is much better, however, than it was in
December. when the peak of curtail-
ment and unemployment was reached
The workers saved money during the
flush times and this enabled them to
withstand some of the rigors of I'M
employment. A campaign for saving
proposed by the Chamber of Commerce
and carried out undeTsthe auspices Of
the Red Cross built up the resources
of the workers.
Inventories in plants and mercantile
establishments have shown q steady
reduction and are much lower than
at the peak of last year and under the
level OF January. this year. Most of
the old crops have been marketed and
some progress has been made in the
unfreezing of credits.
Business men here are optimistic
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Less Optimism Found
In Chicago Trade No,u

the liquidation of inventory, but the
consensus of opinion is that there is
still considerable distance to go.
Thus, in the dry goods line, for instance,
the open winter has meant that re-
tailers have been unable to dispose of
the volume of winter goods ordered
from wholesale houses. Hence they
have on hand large amount of goods,
which must be carried over until next
fall, which means, of course, that the
wholesalers are unable to collect in
full and must be carried along by the
banks for at least six months.
Although progress is being made
in 'unfreezing' credits, there has been
an increasing number of business con-
Germs whose loans cannot now be paid
and which must be nursod along by the
banks until the return of better days.
ut is very doubtful whether the
peak Of unemployment has been passed
in general. Slight gains In some d.
rections appear to be fully offset by
decreased employment in others.
"The clothing and packing indus
tries and the manufacturing of harvest
ing machinery have been more than
ever depressed in the last week. There
has been q slight improvement, on the
other hand, in iron and steel indus
tries"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
twenty-five i. S. Cities Report Business on Up Grade

further recession has been noted are
jewelry, shipbuilding, cigar manufac-
turing, printing paper and iron foun-
dries. Leather tanning and manufac-
turing and the piano industry have
shown little change since the tirst Of
tho year.
Retail sales have been affected to
some extent by the decline in purchas-
ing power of the public, but are hold
ing up better than many expected. The
pre-Esster business was good and
many stores reported sales ahead Of
last year. Women's clothing in the
medium grades is moving we'll. Mems
clothing is a bit duller than the mer-
chants would like to see it.
Inventories of manufactured goods
in this city have been we'll liquidated
and are now at lower point than last
year. Raw material stocks in plants
in the metropolitan area also have been
reduced. Raw silk, for instance, held
in storage here on April /, according to
statistics issued by the Silk Associa-
tion Of America, was but one-quarter
OF the amount 80 held year ago, when
inventories were at the peak,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Recovery in Automobile
Trade Boon to Detroit
DETROIT.

Improvement in the automobile and
allied industries has lessened unem-
ployment here and given the general
business situation a brighter tone.
The peak of unemployment was
reached a year ago this month. when
seventy-nine Detroit industries showed
total of 100000 unemployed. Abou,
Al per cent of these have gone back
to work. according to the Employers
Association of Detroit.
Distress from unemployment was
small, due to the saving of wages by
workmen during the flush times and
the expenditure Of s1.700.0o0 by sixty
two charitable organizations in the
city IN six months. Purchasing power
has been curtailed to some extent, but
has not affected the retail trade as
much as expected. With few excep-
tons retailers foresaw the depression
and reduced stocks. They are now
proceeding cautiously in restocking
Although other industries in Detroit
are not receding now, general lines
such as machine tools, chemicals, etc.
are rot improving as yet. A great
lContisusd On pass elsssn)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17

district is estimated at million tons
in excess Of normal.
Cleveland. with its diversified in
dustries." says Mr.. Ayers, has a di-
versifed rather than a prevailing SEN
t.ment regarding business. Men con-
nected with the automotive industries
are optimistic Those in iron and steel
view the situation with reserve. In
general, sentiment is taking hopeful
middle course
The purchasing power of the public
has been seriously cut by unemploy
ment and this has affected the small re-
tailers, who could not afford to finance
the drastic price reductions. The
larger department stores. however,
have done good business at lower
prices after taking severe losses.
Unemployment caused little distress,
owing TO the mild winter, the long
continued prosperity of workers prior
to the depression. and, TO some o.
servers, to Prohibition
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Seek to Cut transportation Costs
BY Establishing Western Branches

INDICATIONS that Eastern have
high transportation by establishing branches
points the Pacific Coast shown replies from Chambers
Commerce in those sections.
of
Eastern conf
dent that extensive advertising will bring
conditions little favorable Montgomery, Ward
has recently completed the
Portland handle it's that
completing plant nationally indus
considering Portland locations.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Steady Improvement Is
Reported in Baltimore
BALTIMORE

BHLTIMORE.
Steady improvement in industrial
conditions continues in Baltimore. A
recent census by the industrial bureau
of the Board Of Trade showed unem-
ployment to be about 10 per cent less
than last autumn, and unless there is
great shrinkage in shipbuilding it may
be said that the peak has passed.
Between $4,000 and $4,000 industrial
workers are out of their regular jobs.
but most of them have found tempo
rary employment. An extensive mu-
nicipal building program has served to
alleviate conditions, and sentiment here
is generally optimistic.
Business is in larger volume, accord
ing to bank figures. which show a de-
crease of only II per cent in clearings
under last year, which is not so great
as the decline i'll prices. Credit COR
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Coming of Spring Has Tonic Effect
OH Industries Throughout the
Country; Less Unemploy-
ment Re ported

T1uSNss oee but not vet completely survey Of trade
III ene twenty-five principal commerce in tho
country reveals an improved coordination those immensely d.
wealth getting activities of
concept by the word-busness. w "s''
In the expert analysis by research specialists Of
and banks which
finance ana trade recovering from the winter
Spring mas come as soothing tonic enterprise parts
- 80 80
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17

CHICAGO.
"The prevailing sentiment in this
district is less optimistic than it was
three months ago." says Robert B..
Beach, business manager Of the Chi
cago Association Of Commerce in a
letter to The Tribune. "Most business
men and bankers have given up the
notion that April would usher in q
genuine and sustained revival.
Slight improvements are expected
in some lines, but continued depression
is looked for in others with no signifi-
cant change for the better until au-
tumn. The complications Of the inter
national situation are such that it is
feared that on the foreign side we
shall have disturbing elements for 4
long time to come.
Retail trade felt real impetus dur
ing the Easter season." continues Mr.
Beach. "In general the sales Of retail
stores have been good throughout the
winter. Their price concessions have
met with good responses. Stores that
are patronized by the laboring classes
have not been so successful.
"The general cutting Of wages, more
over, is putting further crimp in
the purchasing power of labor.
STEADY progress is being made in
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Leading Industries Show
ImprOvemelltinRo chester
ROCHESTER. n. ,

The shoe and clothing industries. for
which Rochester is noted throughout
the country, have shown marked i'm
provement since the beginning of the
year Shoes, it is recalled, were at an
extremely low ebb during last fall. No
Improvement has been noted in ma
chincry and optical instrum nts. Roch-
ester's other we'll known products.
That the peak of unemployment has
passed is evidenced by the reduction
of the number Of unemployed from
$4,000, when the shoe and clothing in
dustries were depressed to 10000 at
present. These figures are based on
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Only Small Improvement
Shown in Philadelphia

PHILADELPHIA
Only slight improvement has been
registered in Phladelphia's industries,
and that chiefly in textiles and fancy
shoes. The volume Of trade in iron
and steel is still on the decline Staple
lines Of shoes, printing, confectionery
and groceries except the staples) also
show decreasing volume of trade.
Staple leather goods lumber, brick and
seamless hosiery show limited de-
mand. Better business is reported in
hardware, gas and electric fixtures, col
ored upper leather, speciality shoes.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Akron Helped by Gain
In the Rubber Industry
AKRON. Ohio.

AhhON, ONO.
Sharply increased demand for rub
Der products has served to bring Ak
ron's industries back nearly to normal
and reports from the important plants
indicate that production will range
from so to 100 per cent OF capacity
within a month
Naturally this change in conditions
has had a remarkable effect on busi-
ness in general. Retail sales have i'm
proved, inventories have been reduced
and unemployment is believed to be
fast disappearing Increased labor ef-
flciency, noted virtually throughout the
rubber industry, followed quickly the
adoption of systematic plans for weed
ing out undesirables, and this feature
will have a beneficial effect
Financial conditions of most OF the
rubber companies continue TO improve
a 9 sales increase, and undoubtedly this
situation will be translated into i'm
provement in other industries here.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Uncertainty in Textiles
Factor i'm New Bedford
NEW BEDFORD. Mass.


Because textile manufacturing plays
such an important part in New Bed
ford's industrial life the situation in
this trade no doubt holds the key to
general business here. Although the
worst apparently has passed, no sharp
recovery can be expected in less than
from three to six months, business
men believe
All signs point to the fact that re-
covery is slow, but it is generally
agreed that progress is being made, and
this fact is encouraging business men
to greater efforts. Unemployment is de-
creasing, demand for credit is not so ur-
gent and some loans are being liqui-
dated: Retail business is spotty, but is
not declining. Reduction sales bring
GOOD responses, emphasizing the fact
that reduced purchasing powcr-which
has been marked here-has nccessi
tated economy.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17

ditions, however, continue restricted
yet not sufficiently so to prohibit indus
trial expansion. New plant investment
SO far this year amounts to more than
100000.
Inventories are considerably below
the average in almost all lines. al
though Gamers report large surplus
stocks. The Maryland tobacco crop
brought lower prices than anticipated
but this situation had no serious eff
feet on business.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17
Easier Money in Sight

Most Of the cities herald an easier
tendency in credit, although in some
districts the improvement is notori-
ously infnitesimal and the ordinary
trsdesnen find borrowing. always a
difficult art, Unfortunately Troublesome
This cross-section of the state of
trade shows that the provement re-
tently has been more in the wholesale
and retail trades than in manufacture
Ing, although some manufacturers. such
as the makers of motor cars. reporr
substantial betterment. Accumulated
nnsold supplies of cotton, wheat and
wool delay the return to heightened
prosperity and easier credit. As a re
sui, the South and the West are most
hsrassed by scarcity of funds.
At the basis Of much of the hon.-
fuiness IS the outlook for the new
crops The farming communities th;nL
that decreased acreage for cotton and
grain will stimulate prices and relieve
the country Of the present surn1ns
Anticipating cheaper labor costs. farm
ers look forward to more profita bic
crops.
In many districts employable work
ingmen without jobs still constitute
pressing problem, although the summit
OF unemployment seems definitely to
have been passed. With few excen-
TONS cities report striking decreases
IN the size of the army of UNEMPLOYED
since the first of the year, and agree
that mild winter and stimulation Of
pubic work tended to minimize the
hardships Of the victims of the change
IN industrial conditions.
A squirt in building operations is
anticipated, but, outside of the Pacific
Coast and the Southwest, most plans
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17

And vet in the sober professions o.,
renewed optimism there is persis-
tent note Of caution. In the downward
REIMBURSEMENT from the former days Of
eilded imitation the critical sense Of
the business community was sharpened.
A. the peak of the reaction this atti-
tude Of criticism almost paralyzed ac-
tiyities in some quarters, but a new
phase in the movement has been
reached. Men are willing once more to
make future commitments on the basis
OF Debated prices.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-17

concerning the future of business in
the long run, but it is felt that. OPP
erations in the near future must be
approached in decidedly careful
manner.
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-05-27
o OF W PRICES

= ONE disposition exists to contest the repeated assertions OF gov
y eminent experts that food prices have come down. There is a
- disposition 10 contend that the reductions have not yet reached
the consumer.
We have some very positive evidence Of lowered food prices
in the bids for furnishing supplies 70 the state prison, accepted
this week BY the pcnitentiary board. Coffee. for instance has
dropped nSre than three cents . pound, within six months Tea is
almost onehnlf below the price when IN" last prison bids were sub
miied. Rice Is down o dollar a hundred. Sugar is down four cents
a pound. The list J. q long one. There ere reductions in practically
every necessity,
Any dealer in foods who Is doing enough business 10 justify
continuing Il can buy foods in the wholesale market as cheaply as
the state prison board can buy them.
II you are willing 10 eat the same grades Of food, and drink the
same brand Of coffee aud use the same cuts of beef that are furnish
ed TO the convicts. perhaps you can demonstrate that food cost reduc
tons have reached the ultimate CONSUMER.
The food furnished 20 the convicts Il wholesome. II is not fancy
One trouble with most Of us whose living costs persist in staying
mp is that We insist upon having The same fancy brands aud choice
cus as IN the heyday e. feyerish prosperity when large numbers of
as had, or thought we had, the resources for buying whatever we
wanted, no matter what the price.
We have recovered from the delusi0n Of an unlimited money
supply. We havent a. yet recovered from the deuSion that only
foods in fancy packages are fit for our tables. In time, no doubt,
y-riD also recover from that
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-05-27
Among Folks
By DIR. WILLIAM E. BARTON

whcn Jennie lind visited America
she had no doubt where to attend
church IN Boston. There were men
OF great learning. Of which Father
Taylor had very little. but nsne OF
greater heart or native gift o.
~cloQuence.
When Father Taylor lay dying. n
frriend said Ia him. Father Taylor.
you Will soon be among the angels"
Il don't want TO be among the am
gels" replied the old man. "A want to
stay here. afu0ng folks"
Thorc are folks enough iu the
world. ana varieties enough, and Ne
sometimes have uccnsi0n a. weary of
thrm. Hut one af Tho best things IN
NE tor al u Us IN the privilege which
we have % living here on earth, just
among folks
When Father Taylor grew old. he
formed the habit ~ talking 10 HIM
self aa he walked along, why d.
Won talk 20 YOURSELF" he WIS asked.
Because I enjoy talking TO n on
giblc manf"f
But even the privilege 81 talking
% a sensible r. which by the way,
does not always come TO the man who
talks % himself. ~ not TO D. compared
TO the yalue OF living among and talk.
Ing To fulks