The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-10-16
rs VOLUME | !
|ISeREllIER
: I||spRIeES RISE

MILO. ROYLE,


II ]. C. ROYLE. !
rieht, 1922, by The Argus.)
-, YORK, N. Y, Oct. 1s.7What
sS,arfee cause and what II effect
~ resent retail and Wholesale
dn1ihng situation in this
- 4 Is dificult to distinguish
= ~ dfasrence between tweedle-
- ~ tweedledee.
s1rslh9 buying has increased
sss~Ad recent high price adj
|ssseSs ~ the immense freight in
1900 q prices have risen In part
ssssee Of expansion Of buying is
.s,s.esfion. There is no question,
ssysr. that prices have advanced
II ~ advancing and that buying
iscressing in directly proper
5esta volume. That is the thing
- today directly affects every
Seeican family.
4Aefe ID room for more indus
81 ezpsnsion, and the funds nec-
- for It are available. The an
areement from the treasury de-
1tnent that the new treasury ~
~ cent bond offering has been
subscribed by over a billion
1870, showing plainly, according
n Industrial leaders today, that al
aough Industrial operations have
|kuo1ened out they are in little
1laesr Of reaching period Of in
nfpr. Funds at reasonable rates
- not lacking to finance any
Ultimate and warranted business
plopment.
Here's One Explanation.
Perhaps the most accurate ex-
khaation OF the trend of mexchan-
ting trade as reflected in tele-
sphic reports from various sec
Ions is that costs and material
hive aGyanced considerably and
|tiat buyers have at last come to a
|rValization that price increases,
|lpog resisted as unnecessary, are
hstihed.
Attempts to overcome manufac-
|tiring and producing cost expan-
sion have not ceased, although the
inclination toward mergers and
cancellations as a means to that
end have received a check. due
nther to increased demand than tc
opposition from regulatory bodies
|The effort to make each concern
Independent Of outside influences
.ind factors is more urgent thar
ever. This is fully exemplified il
sports received today from De
uit In connection with Ford &C
Efyities.
With the completion of project.
hew under way, the Ford factories
III be as nearly self-sustaining a
by plants In the country. Worl
~ been started on a cement mil
vhich will use Stag from the For,
IMAGES and will turn out abou
100 barrels Of cement a day. Th,
ampany will doubtless have a us,
o large Part of this output ant
eremainder will be sold to othel
nsumers.
Ford Starts Furnace.
The Ford company has alst
hrted its second blast furnac,
mich will practically double tn,
asings capacity of the plant. Thil
In line with reports that Fort
Hentually intends to make himsel
dependent Of producers OF stee
meets and other steel products
used in Ford cars.
The employees are being taken OF
Y the Ford plant every day AM
ths company is going into the win
" season with a larger production
B4sdule in effect than at any sim
ihf period for years. 1t is posi-
BE that the Ford production will
reach 125,0O0 cars this month. Tn
highest production ever reache,
was turned out of the Ford plant
y August, when total of 1860
cars was produced.
Already many manufacturer Il
ssfious lines are formulating nev
Demands for increases in the tarii
cnedules under the elastic provis
on OF the Fordney law. Increase
rates, they claim, are q neces
ay for the American manufactur
% IN view Of the present trend to
srd wages and higher basic ma
srial costs.
Demand Gotten Goods.
Inc cotton goods manufacturer
e nnding an increased denan,
" heavy sheetings, suitable 70
bag trade. Much of this in
ury Is coming from cement manu-
aeturers who are short of bags. i
high price has been set TO
0eeir In the southwest and tn
ity Is taken to mark the fri
enlistment OF the industry Il
ne movement Of grain for ex
' Is being hampered by freigh
snortage and by the extremel
Nv water in the Mississippi. Thi
auiuon is expected to be empha
49, wien the closing Of the Gul
a., 2. lawrence diverts Canada
w to American ports. F.,
Work On new roads is bein
0aeo IN scores of different sec
~ and the amount expended 1
~ sotk Is expected to set a nei
eeord this fall.
/. IL n sainss that You want and nee