The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-10-09
EXTENSIVE TRADE
SURVEY PRESENTS
SCOPE OF REVIVAL
5000 Bankers and Bust.
ness Men Unite in Fore
casting Good Times

gerfioos of tbe er,nt rorthern md
VISION ngricultufal reeion which lies
Letycen ne forlfic. ana he Al
nninrhtops nrk ,,rrrnr1v M, IN gond
nrcornlur 10 mn .xtensive trad, mur-
Vry first cnmnletrd Nv acme s0nO
hnuuera chnunb.r. ~ crmurrpc.
euuntv ae.nta wboIeeafera ana retail.
~ hi cnu function win the Tlureeu of
Nrs@nrch al m. Gamer Fnrm press
Ten sfates are rapidlv reaching "A
pro-var normal buyinr statue -Four
hundred ana six chambers cf com
mrr,e rtpoft uilnois and Enngss tie
ms Tor nrst uGre with t,niorndo
Iowa. Nebrnsin. Indiana. Wisconsin
Aiisscurt nnd ArEupsas fotnyfnr IA
the order ne;ed. Drnlsr ana banker
repofts change Inc order of Inc staiua
slieb,ty bringing VViaronnin and In
di,nh more 10 tiIe front and dropping
uIinois several plncee.
Ipt,ngts Ar. IIuuldatinr.
In H.. Ioritv 81 stntIs form,rs
.r. tnpId Iuuldntin~ th.,r ohiIen-
lions b,t Ia North and south Dakota.
srrtlnns OF western Minnesota aud
eastern wyoming. the grain crops are
scarcely unNiug the thrpah hills. Farm
tnnE d-,unsits thou-h ain sllrhtIv
t,t.a ~n,fnnt are iu,r,asfing ruuidlv
I'M m, eood crop nreaa. while I'm inc
u,pr gfnu nreas thev ur. stil fnr no.
low. Tho avorarr Increase in farm
mottrue,s In the prlnglpnl ztntas ia
49, ,hnn M, nor ,.nt
ip mnnv aatft1u4 bufin.sr Is back
an a normal tasig in others II Viii
raflrn Iu two tn four months while
iu tb. oputuus OF some reporters this
vl r.4t,ire nom ia 10 iS months a.
H evident That % situation exists
yh,ftin busiuar. ar a whole within "a
Nov short period ~ time viii slip
oy,.r INTO IA. pr,-,ylr normal status
withouf Rnvuuc realizing the change.
I-ti,ndrcds gf J,aiere r"nort a larger
I-usiueaq than they ever enjoyed be-
foro Abuity TO meet price rsuuirc.
ments. overhead Reductions und ar-
tI,sGte enl,s offotts have told tho
.tnty la every cnsc.
H..inr-. Hest ia Necessities.
ug"'m@s" II. t".rIn drlr. toilet. rhcif
bsrdyysr. cement tir.s. the lees cx-
u.ualy, nufumoh.lts. ncccssuries.
Il.fblur shoes and other general
f,rm p.rsorli and household ntCss-
sitif4 aud HcmlluNuues rhouu-
rrnpbs. thc higher,prlccd automo-
IA ~ and the mou costly articles
~ ""S,r and new ~buiidinrs are
sgilIpg very pnorly.
Utrb fr-iuht ,,ta,, snd the unequal
p,'-. level brtv,.n Inc Price. of ftrm
prodlcts md manufactured produ,
h the greatest obstacle 20 good busi-
ness In rural regions. according to
HFa ma #nNNfN n. tho III NNlA
ms I..t, s raised by All tlo huuk,rs
,r..l.H come mako tho expression us
zoo hlrh retail prices. while some
made thc Issue on the basis or TOO
lny, ttfm pricrs
.ow TURNER'S suffer.
Loss than go Don cent at the bank
ans reported M, farmers us having
.uff.r.d loss thai thu average dealer,
did. majority stating that be had sui.
forced more.
Tbat th, nrmpr has boon buying
ami 4"t4ntl4fly during tho past stwwcr
Is indicated and that this great region
which produces more than twu-ihuda
OF thr nations farm products VIII ho
.ffpnl ln tho fan and winter market
s fr.,Iy pr.dIetsd.
Both h1uiH and the farmer are ln
q atroug financial condition. Sine
lined statements reported $50 pei
cant OF the farmers in fair To good
lnunrlal condition, while only fO.l
per cent reported conditions poor
MANY hanks reported am inability
or Reorganization 10 loud without rv-
d~f4,nuuting. and Tor tnnt reason re-
portsd their farmer patrons credit
,ruitics n, poor. This couI led viii
moor crop returns In many isolated
sections and especially iu the %nosthcrt
states. brought down the genera
average hNhNlAt AlW NFHN' F
bee horne ont hy the fact mat larh'
crs' bank deposits averaged 81 pei
cont below normal vhtc the number
and utnount OF farm loans had onl,
Increased l1N per cent above normal
Farm Mortgage Normal.
The farm mortgage banks, on IN
other hand. who place better imam -
Urr cent OF the farm mortgage loans
report that since January, 1890, thrt'
Inns been less than . per cent lncf'AH'
I'm number of farm mortgage in ia
states Of Indiana, Iowa, oklahoWa
Missouri. Minnesota Nebraska, Sort
pakutn, south Dakota, wyoming AM
Toxas In kansas there has been u
Increase or decrease. In lhe states %
Illinois. M~iscpnslh ana 'o'ol''p ~
hay, been decreases 80 nuinh'f "a
|uurtgaEoa which average less than
30 cent.
The average amount OF farm NOR
Cages In the states OF Iowa. 'kll
bona. Illinois, kansas. Alsa'u,l Mli
uysutl. NobrusFn, North hthnt'
south Dakota. wisconsin ana I'N'
show slight increases, VIM Won
Ink shows q docroos. IN inc INV,