The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-01-01

'en hundred aad twenty may
~ claim TO having been one OF
est. though certainly not one Of
!, ysars In trade, mRnutacturs
ustrg. Some new high records
up In financial lines and In
II outputs, though II will hard
lairped that the year was as
b all lines rs were soma
q outputs were smaller and
fer but when final mar
r.. Closing, as Il does.
trade s;aE0aat. retail
OF recent years. man.
restricted. unemploy-
reduced working time
ely. 4 ever. equaled.
-ard and depression
lamp OF success az 10
IL and the outlook rs
less favorable than
Is ttset led the business
~ to expect. Indeed. the
& Is 20 regard Il as u year
might best be aoon for
not for tho useful les
Ely experience has fought.
Us country but 20 the en-
Is that the year just closed
Eue heir OF 1919. and IS such
10 the full the results OF tn"
sown in 1919. this referring
ktraya gance IN buying for
o latter year was pre-emt-
kted, the p!llrS up OF uarea-
Pmands by labor. and The IN
{ costs beyond the abi,!t% Of
10 pay who had already heen
he apparent limit to carry on
dly successful but Immensely
war. The waste Of that and
RS. most Of u unavoidable
ar Is and always has been
{ life and pForsrty-ftnally
yeckoniny. and It's payment
be a heritage for some
~ respect. while this coun-
had 10 pay the price IN
1ther countries nearer tho
Tive hestlllties have had 70
he, effects OF tho conflict.
z LIQUID capital involved. the
moral tone that followed
ion OF the war Itself. the
es ensendered. the heart
Involved. the straits 70 which
~ man and woman. debdrred
itins by the conflict. were
bhould act las guldp0sts for
20 como and set thu seal OF
Sn's dlsapproval and condesn-
b those who would lIght-heart-
{ Of war as 4 solver % prob
} who, with the terrible eN-
,islbie On every hand. should
my rea soRahle means OF read
lture conflicts impossible.
4 Glance st the Fast.
yer tbs causss-whethor the
Ing Of trade and industry with
!, costs-overproduet!on Ger
ID not affect all lines--the eN-
Of mobile supplies Of money.
n by the marking up OF loans
the year ard their maintenance
) last months, or the RtteHua-
,redit to \ degree where a halt
. called on e rising prices OF
tiles to q point where further
became !mposS!ble-the year
y probably be memora Die tor
AaH freely termed the buyers
revolt Of tho buyer" II
ticult 10 FIX the date at
doing without" movement
noticeable as a market Fac
y buying only was urged
II war years as q nat!ona!
Il became an apparent ne
n a large part OF the public.
cf for a time In 1919 when
of war was lifted. II was
lively preached by public men
OF strikes struck
try In the late summer oc that
q vas powerfully enhanced by
itlasa exhibitions OF extrava-
which easily extorted wage
! gave rise.
public impatienes with the
hunting cost OF living grew
1919 waned. but we-e ap-
p sight OF N the holiday
lat the close OF that year.
tun acquired In 1919 was
70 carry trade generally At
70 volume throughout the
OF last year. but severe
. tis-up OF traffic and the
rastien OF transportation
= In the year. but culm!na-
winter and carly spring OF
wed down trade generally
nd manth, and the index
February and March !.
early flat line on published
ysSa visible sign that whole
les wsFe about AZ their peak.
weather In the spring months
approach and passing Erstsr
temporary fillIp to trade. while
ere driven upward temporarily
switekEasa'A strike OF early
Iy that time. however. public
N from buying rad eemoss
at vetsii. and early Nav saw
utbpSst Of advertising having
Ilm the moving OF s!ew-ssllins
n ,ssSs1rss Of aGevsnsat
Z iaFeg, the past year vas nRe
dation In industrial securities
podities. Of attempted rsadjust.
all values from a swollen war
.-wnP level, ard of slauRh ter
} Of commodities at wholesa la.
Irn Of the expensive-ard badly
llvays to their owners was sin
Ay q noderats rise in railway
"a from industrial shares. the
Of the latter and the growing
n trade and industry. however.
volvinE the former. as we'll as
AL kinds, In final eRd-of-year
Set the least imposing tsa-
10 liquidation, by the way.w1s
nance. with rather feeble raj
he psVlod from early Noven-
70 late December 1920. a per,
rteen moaths. During the year
IGN exchange markets were
Exaitsd. and while early low
reis in British exchange were
reached later. rates OF eK-
ether countries In most In.