The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-01-01
BUSINESS SURVEY SHOWS
P1 A GAIN IN PAST YEAR


NV i""hhftoNh diNiftCi cut wages 70
PER cent ana u was announced the
January ~pt'uh'ti"u OF steel ngO.s
was AZ the rate OF 2Sio01. 600 gruss
IONS q year A decreps " h7s.S3s
t"hA ~ Nlinlled lphlms" 10 1,hiStiht
t"hA iAluhfy was announced by the
'nlted states hteol corporation.
~" Nuulh sugar commit
le" came INTO me market with its
' nIst STOCK hi - cents per mound.
roSi and freight. There was n slaah-
my OF shoe prices In the Boston dis
tr1rt. The American Wooden cum-
piny raised prices o 20 10 cent? above
ih' January level "a new scale be
ing y" I" 10 per cent lower thnn "a
y'nr previous was announced
thnt wages OF sltiuynrd workers
Mouiu De cut $4,000 men being AZ
i"'teu.
March.
Nsk" 'nls, q further decrease" IN
th- nited states steel corporations
nniheh tonnage. announcement that
feprhnfys pig-ir"n production OF
isat,a1l tons was III" lowest since
lsibi q thfee-day-n.week schedule Tor
M bhihwln Locomotive works and
une veto OF The Emergency Tariff bill
yfre announcements made prior TO
Rr.sidont Harding's inauguration
L'Ihe presidents message offered q
Ifrling OF optimism 10 American
wAriii"rS men. ~ called Tor the pro
tfftion or Industries and a return to
normal IN business and disarmament
- reduc" inc thk BURDEN Ills an
rtunc'mcnt Tor NOR" business m
4rNefhineht ana less government IN
Nnsihess was Wen received.
participating companies announced
Whh" I'duclions' employees threatened
~ stflkc ana SECRETARY OF lhhur "a
va nrbiirnl'u IN" d~iH"roncc; lVO,OOO
mfn accepted a wage cut or l2a per
COLL but WORKING agreements wore
fFtnined'
prices moved down To III
vrhiA th' lowest since 1914 SiaFni-
non m3lh'd me steel trade AZ me
Nfet hal OF IN" monih phsSed' WIN
nntonoil" manufacturers orders th"
only hopeful siHn
A. thlN I'm" lh~dl"ih"nh pointed 70
= slnckemhE IN some industries that
had 'Np"rienc"d "a revival since the
~ OF ih" year ~nutuHioihie mHnu
h'iufers alone reporting increased
Npdu'il"n "nd 'h,r''-i1s -ii'a Ihe
NJ" ADMINISTRATION seeking "a means
q aiding business made "a study Of
W" sltuhttoh ana lIe-id.it tihrdinf
We informed thtt the 'nlted Stato
Va helnE mAh. tA' dumping ground
Tor world goods, imports increasing
ualY-
Inc m"nth CLOSED wan the an
nounc'tn'hi Una me" hiE copper lru-
ducinF companies a decided To aua-
pend operations indefinitely
April.
strikes IN the building trade spread
throughout the nation More ina
tuVu 'onnelsNille coke ovens shut
do"u ana u was That
only one.s"vcnth OF the regions
equipment wns IN operation Mas
cuts IN m ehoft 10 reduce produc-
non costs and stimnihu" trade were
mnd" 10y independent coal ana coke
oneralors without avail Again, NJ
h~ntotnuhll" industry was NlrtthllA
~" only one showing Improvement
In f'nnHNlNhuih alone Ele,Auu person.
WEI" unrmploy"d common lahnrers
hhd unill hhd machinery Work'ra De-
inE The most seriously affected
roIr"ps 'u1, hs sIaa ~ ,n'
reached 90 por cent or normal after
IN" hrHi week "f IN" month. ana
NOR" activity was n~"tlceabl" IN IN"
New England leather trade. The
'ofn t"llnlhk company "c-
-umcd work az Argo, III, IT. largest
ptnl.
April Il thu" Inttod STATES Steel
qorlIoraiion mnd" its nrst price cut
% W year. h~fsreEhtins 2 per cent
Further cuts were made by the cor
nnrdtion hnd in~depend"nis a lew
diya hief, sheets bong down ~ 20
va a ton ~ ms tltue h federal
survey said price rcductiouh were
necessary Tor greater business ana
laid hirh costs 10 retailers iuel
steel MUS IN IN youngstown DIS
Hlci increased operations from 30 ~
W per cent, Shiphuildtng IN the
hrrt thr"e months or the year was
announced rs less by l."VV,"no IONS
Shh uhll fu Ter cent or me hfht quar-
sef OF l1lV, a depand Tor tnnkfrH
increased construction IN this INDUS
Wy Earnings OF the United states
steel corporation Tor ~ nrsi GUAR
ter OF 1871 were 1S2, 2at.I22, az
against s4a.s7I IN the hrri quar-
tT OF l9eo The month closed with
cut OF 1000 IN prices by the Jordan
Motor company, the most pronounced
cut mad by any motor car manu-
facturer since the war
q
strikes featured the FIRST day
Printers IN mty-iour cities walked
out, also lE.noO paper workers a
survey 10y the department ~ labor
showed s,ooo, oOg persons IDLE a gain
IN the back-to-tarm movement anl
wage cuts general IN nineteen states
Chairman Henson OF the lnitcd