Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-09-01
TURN FOR BETTER
IS GENERAL VIEW
IN TRADE CENTERS
St, Paul in Midst of Building
Revival - Continued I'M
provennent Is Seen in
New York
BY II. B. KAUFMAN
(Leased Wire Service to The Journal.)
DOWNRIGHT 1921

PITTSBURG, Aug. 30.-It would
be easy to exaggerate the improve
ment in the steel trade, the major
industry of this section, but the ten
dency toward income production is
plainly noticeable. The movement is
having a perceptible but not extern
sIve influence on other Industries.
The chamber of commerce sent ques-
tionnaires to one thousand local bust
ness firms to secure as composite
view on the business situation. To
the question. How is business?" the
general reply was mot very good"
but the concensus Of opinion was
that business had made the turn"
The replies showed that collec-
tions generally are satisfactory, but
that business is spotty with chances
generally in the direction of improve
ment.
Buying in all lines seems confined
to immediate needs but inquiries sug-
geSt stocks are becoming exhausted,
Building operations are expanding.
although contractors and unions have
failed to reach wage agreement.
The housing corporation of the cham
Der of commerce has let contracts
for another unit of twenty dwellings
for the Westinghouse Electric COM
pany. Producers are hopeful that
the recent advance in the price of
eastern oils will extend to other
grades Of crude. This would enlarge
field operations and create a better
market for materials.
REVIVAL IN BUILDING
rs NOTED IN ST. PAUL
BY +. s. nGCKENNA
(Leased Wire Service to The Journal.)
Copyright, 1921
ST. PAUL, Mimi, Aug. 30.-A no.
ticeable revival of building opera
tions in the last few wesks has
been the outstanding feature of
business conditions in this section.
More homes and flats are being
erected at this time than at any
period since the war ended.
The shortage of homes and real
ization of the fact that building
costs will be little if any lower next
spring than at present has stimulat-
ed the revival.
Liquidation of debts this fall will
be only partial because of spotty
crop conditions, according to Off
Gals of the local federal reserve
that the total production of all
grains in the northwest would
amount to 8OO,O0o,000 bushels is
being challenged by state officials,
who declare the yield will be much
smaller.
Bread prices have tumbled in St
Paul and Minneapolis. The one
pound loaf, unwrapped, now is sell
| ing for cents retail. The month
ly report of food in storage In this
state shows total of 2S.055, 1887
bounds, a reduction Of eight million
pounds from the previous month.
CONTINUED IMPROVEMENT
SEEN FOR N. Y. BUSINESS
BY JAMES ALLERTON
Geased Wire Service to The Journal)
Copyright, 1921
NEW YORK, August 30.-The de-
velopment of business in general ir
this territory so far this week has
been slight, but promising for con-
tinued Improvement. The Slightly
warmer weather has not sufficed tc
check the impetus for fall buying
which the cooler days promoted. Ir
the wholesale trade, distribution con-
tinues uneven, but cotton goods con
tinue to move well, while there. has
been an improvement in demand fo1
wooden and mems and Women's ap'
parel.
General Improvement in the finan-
cial condition of the railroads in this
section, as shove in statements re-
Gently made public, is expected tc
have a heartening effect on steel
and lumber markets. 1t Is estimated
that deferred maintenance operations
will require forty million ties, mil
lion tons Of steel rails and ten mil
lion cubic yards of ballast:
While the roads will not be In the
this fall, it is believed that the
amounts they will purchase will be
large enough to materially better the
cit11ation.