Mohave County miner and our mineral wealth., 1922-06-23
R RkDcnkl Famous \ gXRDSUN, Statistician
 D on Business Conditions

The statistician sees promise of gen
 eral improvement in increase of
 employment.
 Wellesley Hills, Mass, June 17th. With the news full of strikes, threat ened strikes and labor unrest, Roger w. Babson, statistician today issued the following statement regarding general industrial situation.
 For some time, said MT. Babson, 'business in the East has been re- viving. Were it not for the textile and other strikes in New Hampshire, Massachusetts, and Rhode Island, bus mess conditions in New England, New York State, and Pennsylvania would be very good today. During the past year, the Central West has been the weakest spot in the business situa- tion. The abrupt drop in the price of grains, live stock, and other farm products left the agricultural sections of our countrly in very bad condi- tion. You will remember the Far mers' Conference at Washington and various forms of aid enacted by Con gress and different state legislatures.
 "The rise in agricultural products, however, which occurred a few months ago, accompanied by the good weather conditions of the past few weeks, has made the farmers feel very much bet ter. Reports which l am receiving from correspondents in the west are truly encouraging. This applies not only to the agricultural districts but also to the mining and lumber busi- ness. Even the automobile industry, which is such a factor throughout Ohio and Indiana, is feeling much more encouraged. Of course, the union coal fields are quiet, but the non-union fields are more active each week. The cut in freight rates should help the coal and lumber business. The demand for cotton continues strong and the South is gradually feel ing better. This better feeling throughout the West and South is re- flected by the improvement in the business of the mail order houses. The customers of the mail order The customers of the mail order houses are largely in the rural districts. This shows that the far mers have again begun to buy. This is very gratifying and is one of the reasons for the continued strong stock market.
 Owing to the change in the foreign trade situation and the sale of foreign bonds in this country, sterling ex- change is much stronger. Altho it may be only temporary movement, the whole foreign situation looks bet. ter than it has looked for some, time. Private advices tell me that a settle ment is being approached between Germany, England, and France, re- garling the German reparations. If this is so, it should be distinct i'm petus to business, both by causing Europe to buy from this country and giving this country confidence to loan Europe. Altho no change has taken place in the Russian situation during the past week, yet signs even in Rus sia are favorable at the moment. For the first time in many years, things look encouraging in Europe.
 "The strike situation in New Eng land is gradually clearing up. The strike in Providence is about over, and production in all the mill cities is gradually increasing. It is believed that mills will have all the men they desire after the Fourth of July. An other factor helping the mill situation is the fact that many of the dissatis- fled employees are getting positions elsewhere. There is considerable de- mand for common labor today. Many of the striking employees from the textile and other mills have been able to get satisfactory wage in connec- tion with the building and other trades. Thus there is very little suf- fering or hardship in these mill cities. The strikes may never be officially declared off. They may be ended by the mill owners securing other em- ployees from the country districts, who have never before worked in the mills, and by the old mill workers get ting positions in other lines of activ- ity. The strike is developing largely into swapping of jobs. So far as the general welfare of the country is concerned, this is as satisfactory as to have the strikers go back. The