Norwich bulletin., 1922-11-06
WEEKLY ,,REylEW sors y:.,,a ..i.t ...,,T- >l BUSINESS AND INDUSTRY

Kew Y9aekSs Nov. g. !!F3sy' the 4. l.4 ls Practically .all.. the, available indiees ;7af
 basinass activity eotnt to 3. oontinuatios, during the past week ot tAe 5edterey
 toward revival. Car .ioadirgs. for. ,ae Waek ended Oct, T totalls6 ., l.oaz,.o 900 cars, wh!eh means that fSr? s!! p<act!ca.: purposes ths railroads now are equaiAns the greatest performance in the eountry's
 history This previous, performance took
 place during the fall of 1920, when the
 high record Of 1,O19. 900 ears was made.
 In addition, it is pointed out in fnan- riGal circles that the latest loading returns show ail unprecedented nov ement of gefi- eral hlerchandise Coal shipments have
 il is true, contributeda to- recent gains,
 and production of '10,406i0e0'2toR Of bstumirous q week is being maintained
 Nevertheless, the gain Iii the movement Of other kinds of freight has, been even
 greater and has beaten al. records, x :,
 Steel p7eduction is being well smain- tained, although the rusa to ,buy which followed the strikes has now disappeared. Coke and pig iron prices are dropping back to a more, normal level and ,consutd- CTS Of steer are waiting to see where the Yf'seesy of finished products Will come! to osmcthihg ike ecui1br!um. Output prob ably exceeds 70 rerscantj Of capacity and consumption, On account Of railroad and | EconstFuctiop enterprises, and shows no signs Of falling off "- |; | 1Autornobile rrodueton also remains re-
 narEaaiy Good, October''s total egeeedtns Septc!nber's by approximately 10 spix cent. T;ererts from ttiA- textile districts also are <farorabIe.: the mills finding that recent advances fb rHjces. have not had
 2n adverse effect Of de1aand: Even tie mall. order houses. which are dependent 1 largely on. farm pueeka sing power, show Eencourag g:ng 'gains darirs .aO October al { eoncp5rea with ! year age. the two chiet coHnran;es re3o7t;ns. increases, Of aboat 45 4eNd $5i Ter can't res 3ettive,y 7 .. [ 2, That faT:ners' rurclfS e;ng n6%er, should :, he me asure piy, Increased Is tndicAted bt I-!.Fe% nt eains+ip the 2ir!sesz of farm prod: 1 uces: t3eceWber wheat rose during tths fp: s1 week to,overs S1sIF , 't5lSaelr which {
 ,AhFfoXimat4Iy, 2o percent above the 1Gh csut& low. and the same delivery Of cot, tttiE fi1tals;fi xn 6Cn;ed ,fe above $es eeHSs {; aoRfd$ q he latter. -zpice4ts the Best strie, tas cEeat break of fsl920i aud is.GeA .6ys i twice the 5loY price of last year. Y
 Similarly. prns inG eX5 of hFeadsfuft. prices which stood at a poirt aa pe,
 cent above the 1918 avefagA on Sept i ! ilsd .:-'sen to 5 per cent above on Nop -Ft-a Larg%'y as a result Of increases fa ferm :.areduets. bun'ss index of the tota sGipe rose. 3.S Ter cent: during October
 this being the largest gain since the de c, sTrn in, :'rices terminated in 1921 tTh
 index now stands 51y per cent. above tn
 rre2Tar, as compared with last; years ioS
 C = ger cent. -i. i, IA v. ., =.
 In response to- more active trad. . F7nrey meanwhile continues firm: Fl. rise from the low levels of the year la
 heen, however. moderate, and the preser
 charge for accommodation Is not high. I i Is. lc!esC th at any further q dAraansS +sfs Il credit this year viii be met readily Th
 reserve ratio of the federal reservs3 sy: { kten. 5.@ilf'e . sonne soerS cent. Below th
 high ofsthe year, Is, still close to the lext prevailing during the past spring, al Ellpun CT, and that vast discounting z,
 sources remain available. is quite eies . = With regard to'-the recent reaction
 security, values. the opinion prevails f well informed quarters that sean eve ] texterded speculative position lay at sti 5 bottom of the matter. r was coasidert significant that the disturbance coincide { with a condition. which. carried tie ne ] l-4 per cent. treasury bonds to a ter porary discount of 9er cent Finanti quarters were unwilling .to .interprat :. il 5 latter movement as. rsfsctng anytAi, more ore than afstra history distu rbanee.