Salt Lake Telegram | 1924-05-18 | Page 6 | Trade Outlook is Bright

one reason why coal production is lo -. Spring always brings a dull spell. .. ' But business leader's are expecting good times. They're getting ready for it providing provid-ing the capital to carry on work. In April 298 million dollars worth of new stocks and bonds were floated, compared with 305 millions mil-lions in April last year. . In the first three weeks of April (latest figures available), the railroads of the whole country loaded and moved 2,620,318 cars of revenue-producing freight This was a bit less than in the corresponding cor-responding weeks of last year, but away ahead of 1922 and 1921. " From the first of the year to April 20 the roads moved 142 cars of freight for every 141 cars a year ago In the corresponding period, and 120 in 1922 and 111 in 1921., This is the long range tendency, ten-dency, not only in rail tuaffic but In general business. That's what really counts the long range, activity, not temporary lulls. Zo : H Z TraJa) Outlook U Bright j TOW about business conditions? Things have slowed down a bit lately in several Zof the basic industries. But there's nothing ' Zin the situation to make us uneasy. , AU indi Z cations are that the slowdown Is temporary. Z Business is a lot like m man hiking across the rcontinent He can walk fast just so long, I then he has to stop and rest That's the real business situation production was on too big a scale, so now there's a lull to "size things Tup." These lulls come periodically even dur-Ting dur-Ting long range periods of prosperity. Trade I goes up and down. It always has, and it I always -will- " - -. w Take steeL This giant industry Is operating oper-ating at about 80 per cent of capacity, maybe ZZS. But in recent months production was smashing all records. Now the industry slows down to catch its breath. Then, too, buyers -ire buying hand-to-mouth, holding back for Closer prices. Makers are slowly making con-cessions con-cessions small price cuts to serve as bait. This also is a periodical and inevitable reac- tion. When prices stabilize, lots of orders. Auto industry also is quieter. Buying ; movements by the public come in waves. -The last big wave, during January, February and March, made the factories turn out more jars than ever before. A lull now, but only ' -mporary. Another big buying movement is expe:tt?d to start soon. A lot of the lessened i;!ivity in business generally is seasonal comes at this time of year. That's 4