Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-09-30
HARD Times ARE VANISHING
and BUSINESS CONDITIONS
ARE Improving KlWANIS
Optimism Prevails Among Speakers at Lunch
con Yesterday; Gradual Recovery From
Business Depression, Increase in Manufac-
turing and Decrease in Living Costs Reported

Better times are here, business
is on a steady climb up grade and
the outlook is exceedingly hope
full. These were the messages
brought to members of the XII
wants club at their luncheon ' ed
nesday by four speakers who are IA
a position to known business con-
ditions. The dispensers OF busl-
ness optimism were q. N. Bouie
of the Gross Kelly wholesale
Grocery company, Louis llteld'
dealer in wool and hides, FRANK
Strong of Strong Brothers Furni-
ture company and DIR. II. M
Bowers. district governor OF Al
wants who has just returned from
an inspection visit Of the SOUTH
west.
In speaking of the cost of food
stuffs Mr.. Boule explained now
the prices of packed food scared
in the beginning because the
packers could not meet the de-
mand. Spectators taking adVant-
age of this kept the price up, ne
said. The buyers strike Which
followed the war forced the man
ufacturers to sell surplus stocks
at q loss in order to liquldate'
During this period no goods were
being bought and business Jagged
1.-THE situation has changeu
now" said Mr.. Boule. me
overstocks are all cleaned up ana
all have been pursuing the manu-
tto-mouth policy of buylng.
demand is being created on &C
count of depleted stocks so that
manufacturers are opening up ana
employing more men. Inc law
OF supply and demand Is again IN
operation. The cloud is slowly
rolling by and we can see some
signs of prosperity ahead.
New Mexico is shown to have
had less failures during this de-
preston than any other state IN
the union. BY supporting, our
home institutions and assisting
each other build up our own
state instead of favoring OUTSIDE
competition will help materially,
Food prices are lower in general,
he said, although canned goods Is
still high because of the fact that
not enough food stuff was packed
during the past season.
Mr.. Ilfeld stated that the price
of wool, pelts and hides had in
creased rs per cent from its low
est point during the period OF
business depression. He said ne
believed that the lowest point had
been reached and that the wool
business was gradually picking up.
This will have a beneficial effect
on all business in the southwest,
he said.
A resume of the business condi-
lions among 5000 dealers in
household furnishings and 1000
manufacturers of the same in the
the United States was given by
Mr.. Strong. The results gathered
from questionaires sent out by a
big trade journal indicated that
business conditions are improving
all over the country, he said.
Dealers are expecting heavier sales
during the last half of the year
that in the first and report that
things are picking up noticeably
over the country. The majority
of the factories reported increas-
ing orders with a tendency among
buyers for newer and, better
quality of furniture. The major
ity of the manufacturers expressed
thse opinion that the present
prices will continue throughout
1921 and that an adve
campaign to the public would in
crease business materially.
DIR. Bowers, the district COVER
nor of Kiwanis who has recently
made tour of the Kiwanis club
cities of the southwest reported
on his trip and the business con-
ditions as he found them over the
state. He discussed business con-
ditions in general and told what
he thought the Kiwanis clubs
might do to restore business to
its former sound basis.
The silent boost at the club
meeting was copies of the hand
books for the guidance of under
graduate students at the State
University which were presented
by President David Spence Hill
of that institution. He also gave
the attendance prize, a check for