Arizona republican., 1922-04-17
ARIZONA REPUBLICANS WEEKLY BUSINESS REVIEW
WedfherHdS Retarded
But Not HurtBu SineSS
Roger W. Bah son Says

damming the stream. You may de-
lay the purchase of that new sum-
mer suit, but you will get it just the
same. The weather is a great factor
in determining when women make
their purchases but does not ulti-
mately prevent sales. The weather
this spring has been very unsatisfac-
tory from the textile point of view.
Probably no one thing would aid so
much today in settling the textile
strike in New England as about two
weeks of good warm weather
Another factor bearing upon this
same situation is the lateness of
Easter this year. Easter comes the
18th Of April which is very late.
Easter, or the week before Easter
is the opening of a number Of lines
of industry and this lateness of
Easter has delayed such business.
Hence. the cotton industry ist quiet.
the sales of raw wool have fallen off
Leather, household furnishings. jew
elry and number Of those indus
tries which are closely connected
with the person and the home are
exceptionally quiet this spring and
more so than around the first OF
January.
"Yet there is more activity in steel,
iron, copper and the metals as a
class than there has been for some
months. The lumber market is in
a stronger position than it was a
year ago, especially the better grades
of lumber Hardware and other
building materials are in greater de-
nland. 1t appears that the railroads
are coming in again into the mar
ket. The railroads are the greatest
purchasers in the country in normal
times and to have the railroads come
into the market would distinctly help
business.
when one takes a cross section
of business today. he divides all in.
dustry into two main groups One
group is engaged in manufacturing
clothes, household furnishings and
the various things that we buy this
month or next month Just as We see
fit The industries engaged in MAX
ing these things have been quieting
down the past few weeks. The other
group consists of those industries
connected with the permanent de-
velopnent of cities, railroads and
public utilities: there is more activ-
ity today in these industries which
supply materials to these construct
i've forces than there has been. A
man may make more money in SELL
ing shirtwaists to women than in
selling bricks to men, but funda-
mentally the country is much better
off in having labor used to make
bricks to erect buildings of perma-
nent value.
Crop reports are just beginning
to come in so that we can Judge
something regarding the 1922 crop
situation. From apparent figures so
20 hn MIR xrxf7 x-fn
will be about the same as 1921 The
last estimate is for 573.000.000 bush
els for 1922 as compared with 5S7.-
100000 bushels for 1921. Kansas.
which looked very bad a few weeks
a. go, now looks much better. While
the average for the state, is only SIS
per cent. some parts show an aver
age of so per cent,
THE exports Of wheat and corn
have been very satisfactory the past
few weeks and the farmers have been
greatly encouraged by the better
prices Of cereals; also by the loosen
ing up of money and the decline in
the interest rates. The farmers are
also delighted with the new tariff
BILL The senate is likely to recon-
mend a duty OF so cents busflel on
wheat. Is cents a bushel on rye, and
Is cents a bushel on corn and oats.
Whether or not these duties. If put
into effect. will do the farmer any
good in the end, is debatable but at
the present time they are putting
courage into him and the entire CEN
trail west feels much better than it
did around the first of the year.
Hence, as I review the situation
feel at heart very much better re-
garding the business outlook because
- ~ .ff
put their money into bricks. new
roads, the developing OF water
powers. and the strengthening of the
railroads. all of which lays the foun-
dation for a future period of pros
perity."
General business meantime as re-
flected in the index OF the Babson
chart has slowed up bit and is run
ming at II per cent below normal as
compared with l. per cent a week
ago.
a.