Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-12-27

mayor who found the charter did not
bar him from seeking reelection to
succeed himself
The former Rochester millionaire
cline being greatest in agricultural
implements. >
Cumulative sales for the year to
date when compared with a year ago,
show declines of 81 e cent in agri-
cultural implements sales, 80 per cent
in hardware and 81 per cent in dry
goods. Much of this decline but not
all. is probably due to price changes.
The hardware companies report
14.6 per cent less outstanding ac-
counts on December 1 this year than
on the same date last year.. while the
dry goods trade had 1877 per cent
less and agricultural implements 25.1
per cent less.
Retail Trade.
Retail trade sales in November as
reported to us by 16 representative
firms in this district declined in dollar
values 6 per cent as compared with
October and 1S per CEN as compared
with November a year ago. Cumu-
to November, were 10 1-2 per cent
lower this year than last. Retailers
stocks taken at cost prices were all
n est ~Hn"hanged during November but
were nearly 10 per e less than at
the c.use of November a year ago.
The volume Of payments made by
firms n individuals through the use,
Of bank checks reflects the combine
effect of price declines and a reduc-
ton in the physical volume Of trade.
Twelve important cities of this dis
trict reported a total reduction of
rea-'v ~ nor cent in the five weeks
ending November 80 of this year
, .n E,~~ xvl-- ~-s~>- ~
even more rapidly, these cities ex-
hibited in the same period a decline
Of but 8 per cent. The cumulative
total for these payments for the first
II months of 1921 was "a per cent
below a year ago; and the last five
weeks ending November 80, 1921.
totaled 30 per cent below a year ago.
November decline this year; but a
year ago gains were shown by Bill
lings, Great Falls, Helena and Su-
perior.
Building.
Building permits granted in nine
important cities in this district when
tctaled declined. in November, both in
number and in valuation. These de-
clinest took place in all Of the cities
an increase in the number and Duluth
and Superior had increases. in the
valuation. When comparisons are
made with the totals for a year ago,
a different result is shown with an in
crease Of 66 per cent in number and
Sc per cent in valuation. All cities
exhibited gains over a year & except
Great Falls and Helena in number,
while Minneapolis. St. Paul, Duluth.
Farog hi Superior showed gains over
a year ago in valuation. New con-
struction appears to be a larger por-
ton of the total than normal. The
heavy. November SHOWS have i'm
country districts.
Lumber retailers and manufacture
ers report lower sales in November
than in October and less than in No
vember a year ago. Twelve represen.
tatve firms with about 600 retail
yards report sales in board feet at sc
per cent less in November than ir
October and 81 per cent less than &
year ago.. Fourteen representative
lumber manufacturers report simi'a,
percentages of decline in their lumber
cut. Stocks of retailers and manu-.
facturers are about 6 per cent les
than a month and about 10 PEE
cent less than a year ago whel
measured in board feet. -. Z
Flour.
Flour production of all mills in TIL:
district, totaling 2,256,74S barrels, de
creased rs per cent from October ant
IA per cent from November a yea
ago. Minneapolis -four production
Judging from the experience of tn
ten years from 1911 to 1920. shoul.
reach its peak in November. Thi
year Minneapolis -four production wa
a production Of 1.S21,341 barrels
Between October and November Their
was a 20 per cent decline in produc
ton which brought the figure fo
Novemberj production to a point 3
per cent below normal. Receipts o
-four at Minneapolis and Duluth wer
October and shipments were dow
ere than 10 per cent. Receipts Q
flour at Minneapolis increased IS pc
ent between these two months Will
receipts at Duluth declined NOR
than "a per cent, AS compared wit
a a ago. November -four receipts a
Minneapolis and Duluth, amountin
to 1925 13 barrels, were UP almo.
/" ra- rc,+ and ishfrments amountin
to ~2,887.727 barrels were up NOR
cnn receio.s increase
both at Minneapolis and Duluth thi
yea. over last but shi,ments de
clined at Minneapolis while Dulut
shipments increased. 4
Failures.
BUSINESS failures In n district ]
November indicate past conditions 1
trade. There were 100 business fai
lures with liabilities amounting /
$3.A13. 504, according to~the figure
reported by Dun's Review Thes
figures establish new high records Il
the current period Of business depres
sion, superseding the previous hig
records OF ~ concerns In August
this year and OF $1.8S3 i03 In liabil
ties during the month OF October I
this year. A year ago In Noyembe
there were 81 business failures wit
total liabilities OF $ls235, 761.
Employmcnt.
Employment far labor fA 9a1wa,
dfflcuit TO measure with complete
nees and accuracy but ~syTpt6mat
fgurcs Indicate SOME decline Id ~
- yetnber NJ compared With Octob.
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