Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-10-04
HARD TIMES STRIKES OUT

THREE strikes and out, says the
i Literary Digest, mark the 60
ing out of hard times. The textile
strike, the coal strike and the rail-
road strike, all causes of retarded
prosperity, are practically over
now, and the Literary Digest finds
that all signs point to better times
in the future. It's collection OF
opinions are optimistic in the ex-
IRENE. rather too much so, it we
were disposed to criticize. Yet it
has certainly dug out a great many
favorable factors in business con-
ditions to justify that optimism.
We all like cheerful prognostica-
tons for the future, and the Lat
erary Digest collection reads we'll.
1t says:
when we plunge into the stack
of optimistic editorials on the coun-
try's future we find in Dun's Re-
view New York; that for the first
time in six months failures for the
week ending September IS were
less than the figure for the CORE
spending period a year ago, and
that there was also a substantial
increase in both production and
sales of automobiles. Reports OF
new iron and steel furnaces being
blown in are furnished by the
Pittsburgh Gazette Times, which
also informs US that the untitled
tonnage report of the United States
Steel corporation shows the largest
amount of orders on hand since
March, 1921. The total amount OF
freight being carried by the rail-
roads compares quite favorably
with the largest amounts in the his
tory of the country, notes r
Schneider TT. in the New York Eve
ming Post. In fact, observes tns
New York Journal of Commerce
the railroads have in sight, prob
ABLY for a long time, a prospect o.
larger business than they can han
die To prevent freight congestion
therefore, practically all OF TN
railroads which signed the agree
ment with the striking shopmer
plan to inaugurate a 24-hour day II
order to get equipment back to nor
NAL in the least possible time.
steel being recognized as
business barometer, it is signitican
to the Buffalo Times that the shi
ments of ore down the Great Lake
from the mines are much large
than during the corresponding pc
Rod a year ago. AS the Times re
marks, this means productior
work and wages, for steel me
would not be building up thei
stocks of ore unless they were sur
they would need them next winter
Still other signs of prosperity Wis
ible to the Philadelphia Record FOL
low:
Bank clearings last week wer
IL per cent above the previou
week and IL per n better tina
o year ago. Coal is beginning
move. The railways feel this an
other increases in traffic. Sales c
shares on the New York stock e.
change exceeded 100000 on eac
of four days last week. The d.
mand for sole leather is increasing
In the first seven months OF tn
year the railway companies ordere
z5.7e3 more freight cars than the
did in the same part of 1921. II
unemployment of men who hay
beef on strike for months, and II
increased employment in many II
dustries will add much to the pu
chasing capacity of the public, al
il is noticeable that several lndu
trial concerns in this vicinity al
in New England which have n
been directly affected by Il
strikes are offering wage advance
Prospects in the south are il
proved by higher prices for cotto
and new is encouraging from /;
sections of the country
off the 1922 cotton crop reach
1000, 900 bales, it will sell,
present prices, for more than S
600, 0O0, 900 in cash to the groves
which will in turn be expended
them for various things points o
the Cotton News of Lexingtc
S. c. Other southern papers, j
Guiding the Atlanta Journal and t
Birmingham Age-Herald, agree tn
despite certain disturbing facto
the industrial and business pre-
pect appears better than in ma
years. A particularly encourage
sign to the Philadelphia Event