Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-10
pS|NESS WORKING
.Ck TO NORMAL,
kYS RESERVE BANK
Stters From Wholesalers
Pin Adjacent Area Sup
] port Assertion.
ETAILERS ARE REDUCING
THEIR STOCKS IN STORES
Byers Making Inquiries and
Gathering Data on
Supplies.
MMODITIES SHOW DECLINE
'hitccts and Contracts Receiving
SScttcrs Asking Figures, Showing
Tendency to Build.
|TAILERS ARE REDUCING
THEIR STOCKS IN STORES
SHOW DECLINE
|'hitcctS and Contracts Receiving
fttcrS Asking Figures, Showing
Tendency to Build.

fity-nlnc letters from the most
Eminent wholesalers and retailers
Maryland. the District cc Colum-
4 the two Virginiaus AMI tn. two
R-oiinas are practically unanimous
their opinion that business is Il:
n "wOrhinE back to normal" the
En;hly -"it"r OF the Fif,h Federal
Escrye Bank. released yesterday.
&tcs There is disag rc -m-nt, how :
er. in opinion as to the date on
ich normal business viii he re-
ned
rom the yc2or, Is the following
8As signs OF recovering our c"r-
gponIcuts name the rcduction OF
dcks held by retailers and whole
Hcrs the restoration of efficiency
the par, of tabor, tho continued
a ume in Goa! production and trans :
tatiom Improvement While or
3 To manufacturers az" limited.
kcrs are mak!nE Inquiries and
herring data on supplies and prices
q account ar" !css than last Janu-
=. due chiefly 20 th- 1icr!ine iu
c.s OF commodities to new low ley
Moncy IS in strong demand. but
Ic deposits have increased ia the
Ut i've weeks, and government Ger
Gates are easily placed at lower
es than obtained few months
10. 1'here is some unemployment,
ono city tl,at opened a soup
4 chen in December closed 1t FOR lack
J patronage. During January. prac-
nliy all Of tho Fifth District tex
h. mills resumed operations
Tendency to HuiId.
|Buiidng permits issued recently
few, but ach!tccts ana comt;ac-
T. are receiving Inquiries, !naica,-
an Increasing interest ~ coustruc-
tn work
january Witnessed further ,eccs-
ms In both whoicsnl. and retail.
Gee :or food products " ats. egg.
tier ana condensed mink registered
|Ncr. and tendency To further re-
ce brcal prices was noticeable.
..sS eggs have declined - per cent
retail since December. Fruits ar.
9v-r rhaa last :all and vegetables
T. also to he had for considerab
l. ;han few weeks age Flour.
gar. coffee and other staples tha,
s!stcrcd declines previous 10 Jam
|rv remained practically stationary
ring the month. Since Christmas
vcral large stores have put on sales
canned goods. preserves ana icll!eS
wing been featured in AN effort 10
.ar shelves OF goods made from high
iced sugar. However. recession in
ices OF canned goods has not been
striking as the reduction in staples.
ports from number of wholesale
ms show that 23.3 per cent less
ODDS in dollar value were sold in
nuary. 1921, than during the same
onth OF 1920, but the concensuS OF
Union is that prices are more than
. per cent lower now than they
.r. Il year ago. indicating that tn"
juno Of business, measured in
'unds and bushels, vas fully as
eat m January, 1921. as in JanU-
Y, 1870. II Is, OF course. natural
at groccrs' sales would not decline
the same proportion as those oi
aIcrs in the less essential commod-
cs.
reports received for Jam
.ry from twenty large retail cs-
blishments in the Fifth District
49,