The Bourbon news. [volume] (Paris, Ky.) 1895-19??, 1922-02-21
BUSINESS ON
UPWARD TREND
Cleveland Financial Paper Gives Re-
view Of Business Conditions
Showing Progress
INTERESTING REVIEW

Busintss has laid aside it's finer raj
ment and is now wearing its plain.
everyday working clothes, which are
more serviceable and just about as
comfortable.
|, Quite frequently in the past we
have stated that business is gradually
regaining it's health, and that inn
provement is steady, though slow. In
relterating the assertion, we ac-
knowledge that it is still necessary.
however, that measuring stick with
some pretty fine marks is required to
determine the improvement i'm some
directions.
The road over which business had
TO travel in 1921 was not a smooth
one. Many of the difficulties have
been carried over into the present
year, but recently industry is show
ing tendency to cease brooding over
the past and is finding more courage
IN considering the present and the
future with the purpose of moving
ahead. The outlook for 1922 is one
OF hopefulness for a slow but gen.
ulne recovery until the place is reach
ed that we all like to call normal.
The eye Of the alert public is dis
covering those industries that have
been adjusted to meet present con-
dltlons, and, as this same kind of
feeling is developed in respect to all
business, the time of the readjust-
ment period will be shortened.
Foreign trade as a safety valve for
production is absolutely essential for
future prosperity, and without min
imizing the Importance of foreign
trade as affecting the industrial and
financial well-being in this country,
there are plenty of opportunities for
business and finance in caring for the
needs of the 100000 people in
this country. Instead, therefore, of
assuming that the development here
must wait for developments elswhere,
business men are finding response,
however feeble, to their efforts to-
ward reviving domestic trade.
World business is closely COMPETE
tive, and to engage in it will require
business organizations keyed to COM
pete.
Business men intending to engage
in foreign trade find in their efforts
to stimulate domestic trade that
they are in reality fitting their organ
izations to handle foreign trade in
their respective lines.
There is no particular activity re-
ported in the Burley Tobacco dis
trict. Sales of tobacco, which have
not been signed up by the Growers
Cooperative Association, and which
started about month ago, have con-
tinued. Three houses are holding
sales in Lexington and sales are be-
ing held at four or five other points
in the Burley district.
The prizes have averaged material
ly higher than 1920 sales. The Asso-
citation has just been incorporated un-
der a new cooperative law which was
rushed through the Legislature, and
expects to open up the selling season
in short time. A system of grading
has been decided upon and graders
have been selected. Arrangements
have been made to take over the loose
leaf warehouses for use during the
sales. The growers are very anxious
for the sales to begin as they have
been accustomed to start selling con-
siderably earlier in the season.
AS tobacco is the most important
cash crop of Kentucky, the agrieul-
tural prosperity of the state is meas
urer by the price it brings 1t is esti-
mated that the present price is about
twice the average price of the period
Immediately preceding the war and
that tobacco is one Of the best pay
ing crops grown in the country this
year.