The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-09-03
INDICATIONS OF
A TRADE REVIVAL
MOREPROMISING
Bumper Crops Reported in
Nation; Money Rate is
Steadier and Exports
Show Better.

Business enters the period OF fall ac-
tivity rather puzzlingly affected by
several contradictory influences. The
net OF them all seems TO be an assur'
snce that the improvement which be
gan with the spring months will b'
continued. The coal strike. which had
been one Of the most depressing influ
ences, has been settled, and many
lines Of industry have been saved from
the necessity OF either closing dowr
or curtailing their operations. Goa
production. undoubtedly, will be speed
ed up to the fullest extent, and there
Is little doubt that he railroads vii
be able to take care Of sufficient ton
mage to keep the industries operating
on a regular basis.
Bumper Crop Year.
Another very favorable influence Il
the one which agriculture will have
This may well be called a 'bumpei
year" SO far as crops are concerned
And while some farmers seem not tc
be satisfied with the prices that ART
being quoted for grains; yet, the fact
remains that the goods are there, and
it Is, after all, the goods itself that
make prosperity, rather than any price
which may or may not be quoted for
him.
The speed at which the fall crops
moved into market channels Will he
large element in determining the eN-
tent Of the beneficial influence which
agricultural production will have on
business generally, this fall. 1t is to
be hoped sincerely, that the farmers
will not repeat the mistake many of
them made two years ago. when they
withheld their product from the market
in the vain hope of forcing higher
prices-especlally for corn and wheat.
The continuance Of the railway strike
Is having some harmful effect, but II
seems to be the general belief that the
difficulties in that quarter will be
brought to an end within u short time.
thus permitting the free movement OF
coal and crops into consumptive chan
nels.
Packers Satisfied.
so far as the packing industry Is
concerned, August has been fairly
satisfactory month. Supplies on hand
are smaller than they have been fot
some time That is due. pretty
largely, to the fact that meat prices
have dropped to u level which makes
meat, relatively. such an economical
food The low prices have SO broad
L. a hot 9.
much lower than they were year
ago, and the demand is considerably
better. Such condition as that, nat
urally strengthens the trade and
should result in considerable stimu.
lation of packing house business this
fall.
EFFORTS Improve.
The export demand is showing coh-
tlnued, but slow. Improvement. Eng
land remains a good buyer for both
lard and meats, while the continent Is
in the market quite frequently for
iats.
Strike Conditions.
The settlement of the coal strike.
last month, and the settlement of the
railway strike which very likely will
come this month. both should add,
measurably TO the volume OF demand
especially for pork products. Work
crs, such as miners and railway shop
men, are the consumers of "A great
amount of pork products. and the Inn
petus that the renewal OF their 9uI,h'
sgs ktff1
begin to be felt very quickly.
Money Rate Steady.
Another indication OF the stead.ness
OF business conditions. generally, is
the money rate in banking circles. II
is remaining steady to easy ut 4 TO
4is cents and that is in the lace OF
rising quotations for railway dad in
iustrial stocks on the stock exchange.
In fact. 1t seems to be the opinion OF
some of the hest observers. that We are
about to approach pcriod-even IL II
brief one--of rising prices. due 10 eco
nomic disturbances which have come
about ms a result Of the coal and rail
way strikes.
Foreign Exchange.
The international financial situation
ioes not seem 10 show much improve
ment. so that exchange with Europe
oi the products OF the United States, as
a while, is going to be very slow
Leaders Of industry, generally. seem
10 he depending more upon The In
crease in domestic volume and the Cur.
,allment OF operating expenses for the
qulckened pulses Of their various busl.
nosscs this winter