Salt Lake Telegram | 1921-05-05 | Page 5 | [Illegible] Men Assert Industry is Not Revived

I S I Stil II til t t Y EVENING EVENING N ill THURSDAY F. F i ii i EDIT DIT MEN ASSERT INDUSTRY IS NOT 1 I REVIVED I diction for Fails Spring K hey y Say and E men went ment Increases T ER w YORK May y 5 The 5 The National of Credit Men last lat night d de public a 3 summary of a survey justness J siness conditions in which it was industry had not revived this ing mg as predicted and unemployment ment I still instill increasing he report was summarized under s se fourteen heads ho predicted spring revival in in- in try has failed to materialize with ew w exceptions in lines which were first to liquidate is still stin on the anise inise in- in l ise e although some were arrested by usual seasonal improvement have been made on sa savings ings ch h has been steadily increasing un- un recently have continued difficult liquidation t of debts and bank loans till slow Some large concerns are i Ing g extended terms and offering es stor for past due accounts CLINE AT BANKS Here here i re h has s been a steady decline in ink ink k clearing figures in harmony with business and liquidated prices forts are being made to operate the smallest possible stocks c e are approaching the time of real re real real re- re al of manufacture peculation n at this time of undue for business is unsafe and if I jn will result in delaying re- re reI I pry ery are making progress to topi to- to p. ii pi the ultimate solution of theira their a I t serious problems ne he housing shortage problem has hasto Ito tto to be solved here must be created adequate malery ma- ma iery lery for the underwriting of I of commerce to foreign markets h he lie e banking situation is sound SOUND merican enterprises on the whole till still sound he liquidation process must conIe cone conie con- con ie e In the Southern states the condi condi- which prevail ail in the rest of th the the i country are accentuated continued the report There cotton mills ar are I Ithe running not more than three days daVs and stocks awaiting orders against suspended suspended suspended sus sus- deliveries are large I IThe The Pacific coast region is suffering suffer suffer- ing because of speculation which SUffer SUffer-I ha has been carried on in the canning and lumber er industries Here the high I freight rates have tt tended to zone prod- prod utes militating against that nationwide nationwide nation nation- wide market for its products which the Pacific coast has long enjoyed I In the West Vest the attempt has not yet vet been begun be begun begun be- be gun to liquidate labor labor- laborthe the effort thus farr fai having been made to stabilize on fn lower administration and related 1 costs I Lyons France has the only university l I that offers a course in perfumery making I