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Show Buyers Strike Ends In Rush To Spend Purchasing Public Has Five Billion a Year More Than It Had 10 Months Ago; Wages Rising BY HARD! N ol I (Copyright, 1 - -. by The Standard-Examlner, Standard-Examlner, i WASHINGTON, Nov. n.The buyers' buy-ers' strike of recent unpleasant memory has been succeeded by a gen-;eral gen-;eral rush to spend, according to a sur-ivey sur-ivey completed this week by the department de-partment of commerce, which announces an-nounces that ' the most important development de-velopment of recent weeks 48 the marked Increase in the demands for goods" Current wholesale distribution, ths announcement continues, is far In excess of last year's level and the low stocks of retailers, maintained at th minimum In anticipation of another! 'buyers' strike, have been depleted. As un instance of Increase in the public's buying power during the past i few months, the department of labor ! cites Its unemployment record Ten months ago, the 1,4 28 concerns can-, can-, vasscd regularly by the departnu-ni had on their payrolls -l.P.O.Ouo v. flflfB. Since that timi the number h;n increased by SS6.SBA, or alout 23 per cent. This is interpreted as meanin;,' that the employes of those 1 428 con-1 eerns, after making due allowance fori Oge cuts, have a pprox imately 20 per , . ut more to spend for necessities and ! luxuries thun they liad on January 1 If this proportion holds true for all industry, lb1 department figures, the ,r,uyinn puuuc ntui : r.jenciins power o! at least 15.000,000,000 a year more than it had ten months ao. The concerns con-cerns canvassed are grouped under fourteen major heads which include workers in iron and steel, lumber, tobacco, to-bacco, paper and printing. textiles, Chemicals, food and the automotive industries. It Is believed that the canvass can-vass is thoroughly representative of industrial activity through the nation The automobile manufacturers re-'porl re-'porl the busiest October ever experienced experi-enced with output of the month reach-1 Ing d new high record of 244 000 cars. So far in this month there has been little let-up if any Another development of the past few days has been a Slash In the I wholesale price of clgarets in the face I of the biggest business ever recorded manufacturers reduced prices 40 to 50 cents a thousand not because of competition com-petition but because of lower operating expenses The railroads registered the second largest number of car loadings ever j recorded within a week, surpassing the i one million car figure of i few weeks back. The new iy22 traffic record, as announced by the American Railway .association stand at 1.014.480 cars for a single week, or only 4."i)0 cars less than the highest number ever recorded, record-ed, in October, lfo. National hank figures point the way to a period of Increasing industrial ac-tp ac-tp it;., o i cording to the federal reserve bl ard's statement for the week w hich shows that loans outstanding it this time, in the chief cities are $ l . o u 000 0UO greater than they were a year! ago. Wages appear to ho upward bound.! The National dumber Manufacturers association states that because of great demand for labor In the building trades $11 u day has become quite cus-tOI&an cus-tOI&an In YTu-shington for masons, brick lay rs and pasterers and in New York City as high ns $30 a day has leen paid to skilled labor on some building contracts. The farmers' crops are In. ami they ippear to be somewhat better off than ! Vina li r. , tir h o flr.,1 . . , . J k. . "The large crops produced at comparatively com-paratively low costs," says the department, depart-ment, of commerce, "will give tho farmers a margin of profit which ultimately ulti-mately will be reflected In merchandising merchan-dising lines." Mail order sales for October show a big gain, the two chief mail order houses In Chicago reporting thai they did about 200.000 more business during the month than in October. 1921. Money rates continued stead during dur-ing the week with an uucertaln dtua-llon dtua-llon in the stock market. Brokers' loans In Wall street were reported to be above the peak of 1919 and were totalled at approximate! $1,800.-1 000 000, |