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Show j BUSINESS TIPS By ALBERT APPLE 4- 4 Steel ingot production now is more than twice us big us lust July, when the Industry bit bottom and started its slow sawtooth upward movement Steel output is 76 per cent as lare as In 1913. Mills art- averaging I around tr, per cent capacity. DIC-! DIC-! ferenco in percentages is duo to Increase In-crease In productive capacity dur- Ing the last eight years. LUMBER, Lumber mills In tho northwe-st report re-port production nearlng four-fifths of normal. New business la at about the same rate. BEAK Market price of k-adlntr representative representa-tive oil securities h:iS slumped 3 1 per cent since the peak of sarlj i July, 1919. Three-fourth of sfezlcq's .H output, out-put, now near the record, is flowing into T'nlted States. This continues I ah a bear influence. Veteran operator opera-tor believe that Mexico will be aj tremendous cride producer for years, despite wells golim to salt in some field Many now fields may be opened. Mexico Is far from being thoroughly wlUlcatted. MAIL. Postage stamp sales la 50 leading cltlos arc running about 6 per cent bigger than a year ago. FRP.IGHT. Freight car loadings are around 760.000 cars a week. This Is materially ma-terially larger than in the cor-respondlng cor-respondlng porlod of 1921 or 1 9 1 ft. Freight cArs ordered, for 1922 delivery, de-livery, already total more tlian the entire output in 1919. 1)1 IT)Kns Industrial dividends In February will total around $40,000,000 compared com-pared with $44. 000. 000 in February. 1920. OOAJL. Bituminous coal output is close to 1,000,000 tons a week. Production now Is at about the same rate as In the corresponding period of 191S and 1 920. l LOAN'S. Federal Reserve Banks have reduced re-duced louns about- $335. 000. 000 in the lual 60 days. A sixth of the reduction reduc-tion was In the New York district. |