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Show INDUSTRIES GET ALONG WITHOUT APPARENT LOSS Washington Marvej a t Ability to Get On Despite Strikes By HAnnrcw ootFAx. Special Correspondent of The Standard-Examiner j (Copyright, 1622. by Tho Standard-Examiner.) Standard-Examiner.) WASHINGTON, July 20 Industrial America's ability to tear along through its work was when by all the rules of inventory and mathematics it should bo prostrated by the coal strike, la tho marvel of tho day in official Washington. Wash-ington. Government officials, statisticians statis-ticians and others who figured a , month ago that Industry would be paralyzed early in July are waiting, in ! inute astonishment, with August only! two days aWay, for trie paralysis to set I in. 'Ihe truth Is that notwithstanding! I the belief of the expert that there aro ; only a few spoonfuls of coal mi for mills, factories railroads and utilities I to run n, America's mills, factories, j utilities and railroads are still running Very much a they were during tho jrcvUal ot last April add May It Is I undeniable that there has been a slow j jdown to BOma extent, but the slow- I ,down baa not approached, In the Slightest degree the measure of t rt- dlsaator that was forecast. RAIL SITUATION KETTTSR. I Report of atilt during the "losing "los-ing toduy arc to lUt effScl that the rail situation Is improving and that the coal shortage is acute but that Industry as yet has felt only the In- j Itlal effects of the twin strikes. Iron i ini steel production continue far above tio average of the past six month, car loadings, according to the latest figures of the American Rail- ' way association, are holding up in surprising .shape and 6XC6eQj by many thousands the carloudlngs of any wn k during the v.int r with exception of the period immediately preceding Apr. I 1 Manufacturing and building con- I strUctlon continue at high levels, th latter at the peak of ita trend which In ILnelf a record breaker. Money continues easy and in such great abundance that prevailing low Interest Inter-est rates show unmistakable signs of i Kcdng lower UufinBS Is moving along In general, these reports state,! with (rathe little diminution, caused I solely by tho strikes, but with tho diminution little and not great. SHORT OF CO.VL. On the diner hand, two of th. i hiei I railroads of the country, tie Erie ,ini the Wabash are reported to b extremely ex-tremely short of coal and have curtailed cur-tailed operations on that account, half ja dozen or so blast furnaces in the ! middle west have banked their fire j for lack of fuel; the section in and around Detroit Is on ncanty coal rations ra-tions ami the three chief carriers of non-union coal from West Virginia fhids Vim-.' embargoed virtually .ill other ir.tht in order to .swell the volume of the mines they serve to clamoring Industries. I Intense Interest attaches to tho meeting next week of the Illinois mln- J rs and reports are eurrerjt here that the long-heralded break In the mln - ' I ers' ranks will then become an actual I hnppenlng. Such reports appear on the surface and seem fathered by httpfe rather than probabtlltj With road bulldlnt, and construe- I tlon at top speed word comes from I America's third chief Industry' the camp of the automobile makers that ' tin high tide of the com Is receding! somewhat anil that production shows signs of dropping because of leascaeu ' demand Over-production of nut mo-biles mo-biles appears as a Spectre to mar the i prospect of .inalloy. prosperity The I " For i ramp Is reported I" he 100,00" cars behind on orders, but other companies, com-panies, r?6afed to high sped. af catching up, some have caUght up imd others already sense d coming sur- (plus. Another period Of prlfci CUttlhg appears nmorur the possibilities. CI T DOWN OS T1RBS In the rubber tire Industry prh e cutting cut-ting already has sot In i s the result of . mammoth o-er-productlon Some of I the best ioiown manufacturers Have rerently placed cord tiros on the market mar-ket at so-called popular rates, or from one-quarter to one-third below trie prbes of their faflcy and greatly :oi- j vertised lines Other co.npnnler, it I j thought, will follow. I Railroad earnings for June ure be-ln? be-ln? reporter dnlly to tho interstate 1 commerce commission As a whole 'they Hhow a remarkable growth in net ; Income over the corn -ponding period Of 10J1. Here and there individual mads have suffered, nutabli the coal earrlers but the big lines tnth two or jthrc6 outstanding exceptions Hi prospered The New Ilnvcn, for ln-Btadcd, ln-Btadcd, reports net Income of jsr.fi nn.i ae compared With a dofli It Of pgj 00 1 In June, 1921. Other roads for June, i 1 n i; -. and June, 19&1, r'espeetlvely ishov. the following i "mp.irlnons. Rock Island, Jl,7S3,'ioo and fl.n-Wabash, fl.n-Wabash, $801,000 and $4,000 Chicago and bfthwestorh ,389,000 j firnlngs last month and deficit of I I $ S i 4 . ooo In Juno r wir a-o, Big Four yl. 827, 000 and $751,000. eiguies Jty. tnong the cdal i ixrylng roads the, figures vary. The Norfolk & Western for Instance earned J1.J-J7 000 In June. : 1921 and nearly three times as much, or 3. 404, ooo, last Juni. due to tni Increased volume of non-union coal (moved over its line, while the TVia- j ware Hudson, an anlhrntite farrier, , reported a deficit of 802,000 I il month us compared with net Income of $1,063,000 in June. 1921. The federal reserve statement for the week shows little change from the sound economic position of the banks during the week preceding - , |