Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1939-12-28

er Jobs in early 1910 Employment
in the heavy industries should in
crease. but there may be some lay
offs in certain consumer industries.
AS a result, total number Of jobs in
early 1910 viii be only slightly high
er than at present. No real inrOads
/ on unemployment are in prospect
/ After schools and colleges dump their
crop of graduates on the market next
June. unemployment may we'll be
higher than it is today.
Higher Payrolls. More Strikes
Payrolls are another story. They
should be 20 to 25 per cent bigger in
the same months OF 1889 and even
moderately higher than at present.
Wages Will be pushed up where union
pressure is strongest while the wage
and hour act will force up weekly
! income where ov~4&4ne is cO1a erned.
With business riding the crest Of the
wave, it is only logical to expect
more strikes I doubt. however, if
there will be any serious tie-ups
such as we had in 1887 Right now it
/
the odds-on faVorte to provide the
labor trouble headlines
These pIants-and nearly all 9th
ers-Will be running under forced
draught Machine shops. locomotive
and car shops, construction outfits,
and shipyards will be working 1t top
speed IN the next few months. Soft
coal miners will be much buster than
a year ago. Metal mines are slated
for big six months. Steel mills
should average above 80 per cent Of
capacity More autos than in any
Isimilar period in three years will
trundle off the assembly lines-well
/ over 100000 Railroads are in for
their best first half hear since 1880.
Lef Down fer Consumer lines
Activity in chemical, electrical
equipment fern TOOL. furniture, pap
er, tire and rubber, and metal plants
should top the carly months Of 1880
: Use Of electricity and petroleum Dro-
ducts is destined to set new OIL
time RECORDS. A let-down from cur
rent boom levels ia such consumer
lines as textiles and shoes would
not be surprising Wooden and ravon
plants, however, viii continue full
blast. With industrial activity wide
open. service businesses VIII be il
the clover and professional mon Will
see the best collections in many
months.
Steady to HIGHER pavrols in indus
trial centers therefore. should hol3
the Dlrchasing-pOW SPOTLIGHT In
addition, farmers VIII have more
money to spend. 7 do not fOresee any
runaway gains in farm product prices
such as We had in thc World War
Yet, heavier demand and higher con-
sumner buying power should bolster
up prices to the tune Of 10 per cent
over the first half Of 1899. Wheat.
corn, and other grains will lead the
parade Fresh vegetables end potato
farmers can look ahead to a good
year.
Farm Income Up.
Beef, lamb and pork will not sell
much higher than in the early months
OF 1889. | co not foresee any big
gains in butter, cheese, eggs. milk.
poultry or fruits. Cotton exports are
rising sharply and demand is ire
mendous This indicates that King
| Cotton IS getting a new lease on life,
Consequently farm income ought to
be ~ per cent higher than in the
came months last year.
Inc drought in the west is 2 very
serious factor. The moisture situation
s me worst or record at this season
II It gets no drier, however, it could
easily nj, rather than lower, total
laf mlncOne. Barring . continuation
1.-THE drought, total production on
an farms in 1910 may be close to
the 1899 figure. The increase in
prices will not be - gravy for the
farmers, however. Their costs will Oh
Up though perhaps not SO much as
their prices. With farm profits a bit
oetter, farm land values should con-
Ilue TO edge UP a little.
"O0mDh' In Prices.
IN adGltlon to higher farm prices
| industrial raw materials should also
push upward in early 1870. War. high
INDUSTRIAL activity, and rising buying
power viii pui the "oomph7 in the
price picture. Hides, cocoa. gasoline
ana pant materials can have the
Sharpcst boosts. Increases in wool
nayon, sugar, steel, lumber and nom
ferrous metals are good bet assun-
cngbuslness activity holds llp. COT
lee' hard coal, cement and glass will
40 well to hold their own. One Of the
interesting points about this current
Doom is the remarkable stability of
prices Of al! kinds.
This desire to keep the lid on prices
IS good news for consumers. Their
llVlng expenses are not going to
change much in early 1910 Food is
the only hot spot. will be surprised,
however, if your weekly market bill
next June is moro 1han five nn,. cont