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Show STRIKE DOESN'T STOP BUSINESS Car Loadings, Employment, Iron, Steel and Copper Production Grow. By HARDEN COIiFAX, Special Correspondent of The Stand- nrri-Exn miner (Copyright, 1922, by The Standard-Examlnor.) Standard-Examlnor.) WASHINGTON, July 8. The railway rail-way shopmen's strike during tho first eight days of its llfo apparently fcas failed to mako any impression what-, ever upon business conditions or to retard tho continued progress toward prosperltv. Preliminary reports of freight hauled during that period, made by the chief railroads to the American Railway association state that traffic continues normal. Car loadings fell off during the weok, but as they Invariably do fall off during the week of tho fourth, such a situation situa-tion was expected. Reports of conditions obtained dur-i dur-i ing the week from every state by the departments of commerce, labor and interior show that business continues to Improve notwithstanding strikes 'n tho coal and transportation industries, indus-tries, involving approximately 1,000,-000 1,000,-000 men. Anxloty is felt with respect to the coal situation, but official misgivings mis-givings have failed thus far to reflect re-flect themselves In tho business world. No Industry of appreciable size has been affected as yet by a coal shortage. RECORD VOLUMK. Analysis of car loadings discloses that with tho single excoption of 1920, tho railroads are handling at the present time a record volumo of business. busi-ness. The total number of cars loaded load-ed continues to mount. During the wc?k 'ending June 24, latest period of avallablo statistics, tho total number num-ber of cars loaded reached 577,S5t5, an increase of more than 17,000 cars over tho preceding week. It would not surprise railroad officials if loadings load-ings jumped to a record-breaking figure fig-ure for this season of the year sometime some-time within tho preGont month. Employment is reported on the increase in-crease In the chief Industries filing returns with the employment service of the labor department. On July 1 the summary shows the 1.12C concrns canvassed by the service ser-vice each month had on their payrolls pay-rolls 53,000 workers moro than the number reported Juno 1. The service ser-vice announced that "the nation Is striding victoriously toward industrial prosperity," and estimates additions to tho payrolls of industrial concens throughout the country at 179,000 during the month of June. The weekly statement of the federal fed-eral veserve board indicates clearly that money Is being withdrawn from the banks for business enterprises. Deposits in 799 national banks in the chief cities declined during the week bi' almost $70,000,000. but still stand at considerably moro than $1,000.1)00.-000,000 $1,000.1)00.-000,000 above the figures of n ear ago. Within six months these banks i nave increased tne amount or their loans, mostlj for business purposes, by more than 5-100,000,000. The extent ex-tent to which business is reviving Is indicated further by the amount of capital authorized for new incorporations incorpora-tions during the first half of the year. This sum is nea-ly 5G, 000, 000, 000. American Investors, according to tabulations made by private organizations, organiza-tions, are Ion ling moncr to foreign governments and industrial concerns at a rate of more than $1,000,000,000 a year During the first half of 1922. the tabulation shows, more American money was invested abroad than in any class of domestic securities, or American industrials or American utility companies. The total of forP oign loans exceeded only by the amount Invested In American government govern-ment short term securities All these loans to foreign borrowers borrow-ers were made through the regular business channels, being handled by (American investment houses, and none through the government. The state department, however, has been ad-lsed ad-lsed in advance of tho flotation here of virtually every Issue of foreign so1-curltios. so1-curltios. Iron and steel production stands at nearly 90 per cent of capacity, according ac-cording to tho department of "commerce, "com-merce, having doubled output within a year. Copper production, according to the same authority, has nearly ijiadrupled. Prc-cfuction of newsprint news-print paper has risen GO per cent and the output of other products shows an increase varying !rom 30 to more than 100 per cent. A quickening of demand for steam-shins, steam-shins, ascribed to the Increasing volume vol-ume of exports, Js noted In maritime circles. , svfl'filgJlEai |