The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-06-01
CLEVELAND.

Cleveland, June Steel produc-
ton in the Mahoning valley and In
the Cleveland district is being held
to about IS per cent of capacity
Steel makers who own coal mines
expect to have them producing be-
fore July l as there is little conf
dence that the union mines will be
in position to ship much coal be
fore late in the summer. Coal can
now be purchased at the West Vir-
GINA mines, however, at from 50 to
$3.25 ton or about 81 ton cheap
er than recent levels.
Youngstown steel interests pre-
dict reductions of from $1.25 tc
$150 a ton in finished steel pro-
ducts as a result of the 10 per cent
cut ordered in freight rates. This
cut in rates will help materially III
landing foreign business, they say
Leading paint makers of Cleve
land are working full time and
advances in prices are predicted
for autumn. Automobile produc-
ton continues at high speed and
tire factories at Akron are turn
ing out fully $4,000 tires a day. The
garment industry is optimistic and
manufacturers predict a prosper
Gus fall season. Factories are quiet
at present as this is a between sea-
son in the garment trades.
KANSAS CITY.
Kansas City, Mo, June Mar
ket Improvement continues to be
- -
the southwest This condition is
based upon the strengthening OF
market prices for many agricultur-
al products. The crop outlook is
bright and practically all wholesale
lines report an increase in the vol
ume of merchandise sales although
in some lines. due to lower prices
the money value of the. business
done is slightly lower than for the
corresponding period last year.
Drygoods merchants declare gen
eral conditions of this section are
particularly gratifying to them and
say collections have improved ma
terially. Bad roads due to heavy
rains and Indictment weather cut
down the volume of business in
groceries in the rural districts il
April and May but business now is
picking up satisfactorily.
There has been no increase in the
price of coal here as a result OF
the strike and yards are well stock
ed. The production in the states
Of the federal reserve district since
the strike began has been about &c
per cent of capacity.
The employment situation is
better than it has been for many
months and there is every proba-
bility that it will continue to i'm
prove owing to the demand for
farm labor and increased activity
in other industries.
SEATTLE.
Seattle, June doubts concern
ing the future of general business
in the Pacific northwest have been
set at rest because of the marked
progress in almost every line of in
dustry. Collections in May were
better than in any previous month
this year. Foreign trade is improy
ing and coastwise shipping has re-
sponded to the demand for basir
products. particularly canned sal
mon and lumber.
Manson F. Backus, president oil
the Seattle Clearing House associa.
! ton, said today, I'VE have turne1
the corner, There is now. consary-
! atively speaking. clean ana
straight fairway to greatly improv
! ed general business. Liquidation
/ has been accomplished in this sec
I ton without serious damage to oul
fundamental industries or mercan
tile houses. Crops of every soT
promise well. Production cost.
have nearly followed liquidation q
prices and business is standing
/ firmly on solid ground"
Lumber production in the mill;
of Western Washington and Oregon
for the week ending May 81 was !.