The Omaha morning bee. [volume] (Omaha [Neb.]) 1922-1927, 1922-11-02
Business Boom
Throughout U. S.
Shown by Figures
Grain Loadings Increase
Coal Production Reaches
High Mark-Rising Mar.
ket for Manufacturers.

Washington. NOV. indications 81
rapidly improving conditions In the
countrys general business life were
given today In reports TO the car sery.
Ice section ~ the American Railway
association, which, among other
things showed tho greatest weekly
loading u freight from which the
railroads derived revenue in two
years
The reports disclosed that, with the
exception OF four weeks IN September
and October. 1920. the loading OF l..
o0a,759 cars Of revenue freight the
week Of October q, was the greatest
on record.
Record In Car Loadings.
A record Of 50e.S92 ears loaded with
merchandise and miscellaneous freight
which includes manufactured products
also was established during the week,
the association reported. This was an
Increase OF 1924 ears over the week
Of September 30. when all previous
high marks for that class OF freight
were broken. Az compared with the
corresponding week In 1920, the asso.
citation said. the weeks total showed
an Increase Of 1864, while II was 90.
$50 cars more than for the CORE.
spending week last year.
The loading Of grain products for
the week, total Of $3.50 cnrs. also
showed substantial increases over the
corresponding weeks Of 1920 and lan
year Similar. although some small.
Ter increases were shown In virtually
all other commodities handled In bulk
typep.
Rig Coal Production.
Coal production on Monday WAS
close TO high record output for all
times, according to the associations
reports. There were 1925 cars OF
bitumlnous taken away from the
mines on that day, amounting TO O..
5000 tons. On only one day In tho
last three years has so much coaI
been produced.
The railroads on Monday loaded
6,45l cars OF anthracite or over 300
600 tons This was a total greater
than mined on any one day in the last
three years.
Fuel Distributor Spens has estImat-
ed that a weekly production Of H..
100000 tons Of btuminous coal would
carry the country through the winter.
Business Tide.
Cleveland, Nov. 1.-The business
tide Is rising. the recedng tide has
carried out most of the wrecks OF
business and the incoming tide is
raising the tide line Of business, &C.
eording to the monthly business re-
view Of the Fourth Federal Reserve
bank, issued today.
Were II possible to sum up in four
words the expressions OF our many
correspondents in the district they
would be we are buying now" the
review says.
An analysis OF rs basic materials
shows that Sare higher today than
they were year ago, according to
the review.
There are many instances which |
justify the belief OF rising tide of
business, the review says.
The head Of one OF the largest tex
tile mills in the country, with general
offices in this district, says orders
now on their books are sufficient TO
carry them at full capacity until the
FIRST OF February.
The purchase by the railroads of
rails for 1923 delivery, immediately
preceding the advance in prices on
October /. are estimated to have
totaled 1900 900 tons, the larges. rail
buying movement in a given time in
the historN OF the steel industry.