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Show STABILITY OF ' MILLS SHOWN Ogden Plants Have Passed Through Stressful Year Successfully Stability of the Ogden flour and ' grain industry, the splendid manage-' manage-' nient of the companies that have ; been engaged In this business in Og-l Og-l den, have been shown during the past I year, a most critical one for every : mill and elevator In the world. At i the conclusion of this vear. Offden'fl ; position as the grain shipping and flour milling renter of the Intermoun-taln Intermoun-taln states, outranked only by one city for the entire Pacific slope, has been established definitely. Ogden's flour mills re operating, I its elevators are handling more uraln than ever before, its export shipments ship-ments are larger and Its national de- mand has increased, both as to wheat and flour. Instead of even prospec-I prospec-I tlve curtailment, there Is prospective enlargement of the output. Ogden, in f.i I. Keems on the very verge of be-I be-I coming the greatest flour center of I the entire west. Exactly how the economic affrtlr'. : of 1921 affected the milling Industry ' In general over the country Is shown by a recent review in the Northwest-! Northwest-! ern Miller of Minneapolis. That such i i ondltions as recite! by this puDll-' puDll-' cation cld not result more dlsa.strous-' dlsa.strous-' ly for the milling centers is declared to be due largely to the excellent man-I man-I ugement and careful financing of those companies which "weathereo" tho storm' including those large companies of the Pacific slope wh'ch i have mills and elevators in Ogden. I The Northwestern Miller says: IN SHARP CONTRAST. "The year 1921 was for the entire ' American milling Industry .1 period I of unprecedented nud unite unexpect-j unexpect-j ed difficulties. In most respects It bm a shnru contrast to the vears Dre- I ceding it. above all from the fact thai' jits worst trade features resulted, not 'from things that happened, but from things that did not happen It was es-) es-) entlally a negative year, and this dc-! dc-! spite the fact that most millers ex-I ex-I pected a period of definite and po 1-I 1-I live accomplishment to follow the I collapse of rices In the autumn months of 1920. "The explanation Is to be found less within the nulling Industry Itself thnn ; In the current economic history of j I the United States and of the whole world. Many, and perhaps most, of1 the millers' trouble were due to the ; disconcerting weakness of the wheat market, and this, in turn, resulted I from a complexity of conditions over which tho millers had no possible ' c ontrol. The gradual falling off :f j the export flour business wa.i dlrei t!. due to economic conditions abroud. ! which Immensely stimulated home milling and the IruporUiUon of American Amer-ican wheat at tho expense of the American Am-erican miller's trade. "In the summer and autumn of 1920. when the prices of practically all commodities were falling rapidly It was generally believed that the pro-! cess of " readjustment," about which so much was said, consisted simply in getting price for commodities and service back to a stable and reason-ible reason-ible level. It was apparently realized realiz-ed by v ery few that the mental and moral readjustment of business vwas much more complicated than this, and that It would require a long time to restore confidence, sanity and sound business methods after the dl-itrous dl-itrous experiences of the aulumn of 1920 This, in substance. Indicates what the history of the American ; milling Industry has been throughout the year recently ended. It has been trving to recover from the blows dealt it by tho collapse of prices In the preceding autumn, and to restore normal vitality to a buing trade which, with considerable reason W8 unable completely to regain its courage." cour-age." oo |