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The Iron Age 1922-10-05: Vol 110 Iss 14

1922 Reed Business Information US

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ec. 4c. . Se. 9 9c. 25e. 3160. 044 ¢. cord: . The. . Bbc. , 25. to %. HE IRON AGE New York, October 5, 1922 ESTABLISHED 1855 VOL. 110, No. 14 Basic Business Conditions Favorable Production Running at 1919 and 1920 Rate of Activity— [ron and Steel Far Below, Due Largely to Coal and Locomotive Shortage BY SIDNEY G. KOON shown by general productive activity in the United States to establish its inherent sound- ness. After business had climbed from the dol- irums of 1921 to a definite emergence, in March of this vear, from the effects of the protracted slump, the coal strike beginning April 1 gave it a heavy setback. But May showed such a pronounced recov- ery as to push production above the figures set in March, themselves the highest since June, 1920. Then, when the railroad strike beginning July 1 dropped the curve for a second time below par, the rebound of August once more re-established it above par—which in this case is the average for the cal- endar year 1919. While the curve of productive activity shown on | l needs nothing more than the buoyancy already , PER CENT Y this page is similar in general to that on page 69 of our issue for July 13, there are some outstand- ing diffe…

Citation

The Iron Age 1922-10-05: Vol 110 Iss 14. Reed Business Information US. 1922.