Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-11-28
CONDITIONS IN
TENTH RESERVE
ZONE INF R0VED
Volume of Business in 0C-
tober Shows an Increase
Compared With a Year
Ago, Report States.

Kansas City, Mo-, Nov. 27.--A
note of tempered optiomism marks
the November review of business,
farming, mining, agricultural con-
ditions and oil production in the
Tenth federal reserve district, COM
piled by officials Of the federal re-
serve bank here.
General conditions" said the re-
port, continue TO improve as the
year 1921 nears it's close. 1t is ap-
parent, however, that progress to-
ward a full and complete realiza-
ton of prosperity in all lines neces-
sarily must be SLOW"
Reports show increases in the
volume of business done in October.
1921, over September in the furni-
ture, hardware, grocery, implement
and millinery business, and de-
creases in drugs, dry goods and au-
tomobile accessories.
The movement of grain to market
has decreased heavily in the aggre-
gate as compared with September.
Wheat receipts at four markets de-
receipts increased Il per cent.
Flour production in October
showed great improvement as COM
pared with year ago, the October,
1921, output being 52.S per cent
greater than that for October,
1920. Flour mills. says the report,
were maintaining production at
S2.5 to sos per cent of capacity.
Coal mining in the district
showed a decline being kept UP to
55.7 per cent Of capacity, as COM
pared to CPS per cent in Septem-
Der. This decrease is largely at
tributed to idleness among Kansas
coal miners. In the Kansas field
the output was only about 10 per
cent of normal capacity, while in
Missouri it was 62.5 per cent and in
Oklahoma S2.2 per cent.
las result of the threatened
railroad strike which did not ma
terialize the end of october found
dealers stocked with large supplies
Of coal and waiting for colo
weather to give them an opportuni-
ty to unload. Generally the coal
market situation is considered |
dull" says the report.
AS result of an increase Oh |
zinc prices of three dollars a ton |
since september, production in that |
industry has been stimulated and
he number of shipments has in
creased heavily.
"Increased activity in mining"
says the review. has taken care
IF a part of the unemployment
problem and in addition there We're
.hree mills under construction
which helped take care of mill car
)enters and other labor.
Hog cholera is reported as I'M
in Kansas and quite
in Nebraska. Other i've
stock in Kansas is in fine condl-
ion. In Oklahoma the report IN
licates that many STOCK cattle,
which should be kept on the farm
re being shipped to market. Live
took in New Mexico and wyoming
3 In good condition. Throughout
he district the movement to mark
i was heavy during october, show
ny an increase of 29.4 per cent
,ver September.
The weather has been favorable
or outdoor work of all sorts IN the
ntire district, but lack of moisture
I
5 beginning to present serious
roblem. In Kansas, wheat in the
western half of the state needs
noisture badly, though still good
n the eastern third. In Missouri
he progress and condition or VIM
err wheat is reported good. Okla
Ioma wheat is steadily deteriorat-
ng due to drought, and much
wheat sown in dry soil has not yet
prouted.
Petroleum production in Kansas
nd Oklahoma Is about normal IN
olume, with prices higher, ana
1ore optimism among. operators !,
han has prevailed for several
lonths.
Building operations reached the
Ugh mark of the year in Octooer,
wenty cities showing an increase
7 74.3 per cent, as compared with !
october, 1920. Spring building
ctivity is indicated, says the re-
lew.