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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (April 4, 1921)
13 THE BEE: OMAHA. MONDAY. APRIL 4. 1921. Corn-try V Coeditioini t! From comment by the Honorable Datid F. Houston: This Second Survey of National Conditions, made by the Fidelity and Deposit Company, is suggestive, and will be helpful. At all times information of the sort here gathered is valuable. It is particularly so now, when there is still uncertainty the business world, and leada-s are debating the details of their industrial programmes and policies. It indicates that the business world is still feeling its way, but with in creasing confidence, and with the conviction that the worst has passed. 1 The country has successfully borne the strain caused by a most notable drop in prices, particularly of a vast volume of raw materials, and has weathered a trying period of liquidation. The demand for fin ished products has not developed to the point where our factories feel justified in tak. .g the requisite quantity of our surplus raw materials to furnish th necessary relief to their producers; but there are some indications of i change in this direction. Business men realize that forced action, based on artificial optimism, may lead to unwise action, and produce further embarrassment. The foreign situation has not shown the expected improvement, and continued difficulties are experienced in discovering an effective Euro pean market for our commodities. This Survey does point to certain favorable domestic conditions. The cost of living has appreciably diminished. Building operations In a num ber of districts tend to increase. There have recently been no strikes of consequence. Greater productivity of labor per man is reported from all districts. Raw materials are plentiful, and physical transportation conditions are good. There have been no business failures of moment. The crop outlook is satisfactory; and the banking situation has im proved. It is believed that confidence in business circles is slowly spreading, and that while there is hesitancy. -the business men of the country fire feeling their way with sound business caution, and the country is working back toward a more stable condition. A Nation-Wide Digest of Facts and Opinions, made by the Fidelity and Deposit Company Through its Representatives NEW ENGLAND MIDDLE ATLANTIC EAST NORTH CENTRAL ' WEST NORTH CENTRAL SO. ATLANTIC EAST SO. CENT. WEST SO. CENT. MOUNTAIN PACIFIC " Maine ' Del. Maryland Montana, Idaho New Hamp w Indiana Minnesota, Iowa, Missouri Dist. of Columbia Kentucky, Tenn. Arkansas, Louisiana Wyoming, Colorado Washiniton INDUSTRIAL Masa. Vermont J?" T Penn, Illinoi. Ohio Michigan North Dakota. South Dakota Virginia. West Va. Alabama Oklahoma New Mexico Oregon OUESTIONS Rhode. Isl. Jeney Wisconsin Nebraska, Kansas Ga. N.Carolina, Mississippi Texas Arirona, Utah California Conn. S. Carolina, Fla. Nevada , Is there a marhtd resumption of in- . . . . j- 1 1 duatrial activity? No No No No No No No No No , N 2 E 2 Is buying by the public still restricted? yM y,, yM ya YM Yea Ve Ye Ye Yes Yes Yes Yes Yea- , Do industrial concerns report continued m. . . , 3 cancellation of orders? No No jg J- ---1--Jg -J- : ! - . iHave retailers stocked up in expecta- m, M M 4 tionofaecodSpringbusineM? No No No, No Ng No No No No J2 -2 No No No No 1 No No No No ' No No No No No No 6 Hc!abltCs?ncf gjeSSg'""- Ye. Yea Ye. Yea, 1 Ye. Yea Ye. Yes Ye. t , Yes Yea Ye, Ye, Y - Are industrial concerns carrying large .... .. v r v v v.. v, 7 amounts of customers' paper? Yea Ye. Yea Yea Ye. Ye. Yes Yes Ye. ! I 8 What problem has the greatest bearing Taxation Taxation Taxation Taxation Taxation Taxation Taxation Taxation Taxation Peace Taxation Peace Taxation Peace Taxation I2atio.B on buiiness prosperity? Railroada Railroad. Tariff Railroad. Railroad. Railroad. Railroad. Railroad. Taxation Railroad Situation Question Question Question Tariff Railroad. a Are general transportation conditions v v v v Y 9 good? Ye. Yes Yea Yet Ye. Ye. Ye. Ye. I? I i 5 A7er7wrnsterial8 plentiful? Yet Ye. " Yea Yea Yea Ye. Ye. Ye. Yes Yes Yea Yes Yes XEL n Have any failurea of importance oc- M M v - M j 1 1 curred since last September? No No No No No No No No No No No No No No 12" ATTthere any strike.? Ye. No YeT Jjo 1T No No Yea Mrtalt Yta-Temflea aa4 Vti-Mlll .... Vm Mot-la V.rhtary Produeta-Uim- Yit-Teatilea Yea-Metala MicMaery- Y -Lnmt"f ...... . . Have there been appreciable wage re- Fouadn- rn-b- hi f. ad Pr-nictj- Y--ri- MacWawjr- Kaairv Pro- "?B "J.'J.'S1: Yes Building Ye Building Yes Building Yes Mining Machinery 13 ductions, and in what lines? JifprodS Zffi&V!i tLu TnKj-A.no.' Yes-Building Trades-Lumber-House Furniture Trades-Lumber. Trades-Textiles Trades-Lumber Building Foundry Product. dSSttSSlStSl""- No ZSSZXt -Packing and Food Products. House Furniture and Product. House Furniture Trade. Building Trade. i Has the productivity of labor per man 1 increased or decreased since Sept. Tncreated Increased Increased Increased Increaed Increased Increased Increased Increased Increased Increased Increased Increased Increawd 15 Creasing? OPCrabn' UC"n Decrearing De-earing Irerea-ng Increasing Increasing Increasing Incrcaing jncreasjng Increasing . Increasing Increasing Ising Decreased , Seating Yea-Low Yea-Low Y--l Yea -Low Yea-Low Yea-Low ....... . Yet Low Yea-Ijow Prices DwaU- Prfctd Dwell- Priced Dwell- Priced Dwell- Priced Dwell- Priced Dwell- Yet Low Priced , Is there need of building COnrtTUCtion Priced D n- fiictd -DweU- inta-Hlah lata-Hlih laia-HIrt !?:H1J; J HM toe-HIh u . j t-. Dwelling! Hiah v.. t. c: .j v. I ... OrU.A '. t tV.J Vet LowPrieed lfi .Jlnlrr!? iata-Ware- inn-Ware- Grm4 TweU- Grade TwtU- Grade TDwell. Grade YweU- Grad iDweU- Grade TJwell- YttLow Priced DwdlmgS High Grade DweUingS Qr-ij" YeSLoW Priced Y Low Priced YCSLow Priced DwelHnm-Otrioe and ill What Classf hoaM-Fac- hwaad aed ta,.ad iati aad lata ead tan and mte and a! Dwellinc Dwelling DwellinBS BiTiMin. anrli?re. lorlc. Waetorlei Apart-eatt Apartmema Apart mea la Apartm u paniaeata Apartmenta and Apartment's Apartmentt UWCUingS swellings """S8 Buuain.a and Stan i Is sentiment favorable to building . M . M 17 loperations at present cost? No No No No No No No No No No No No No No NEW ENGLAND MIDDLE ATLANTIC EAST NORTH CENTRAL WEST NORTH CENTRAL SO. ATLANTIC EAST SO. CENT. WEST SO. CENT. MOUNTAIN PACIFIC I Maine I I I " " Del- Maryland Montana, Idaho FINANCIAL New Ham p. New Indiana Minnesota, Iowa. Missouri Dist. of Columbia Kentucky, Tenn. Arkansas, Louisiana Wyoming, Colorado Wajh OUESTIONS Mass. Vermont New Jeney Penn. IUinoi. Ohio Michigan North Dakota. South Dakota Virginia, Wert Va. Alabama Oklahoma New Mexico Calif. Oreou Rhode. Id. York Wisconsin Nebraska, Kansas Ga. N. Carolina, Mississippi Texas Arizona. Utah Com. ' - " ' S. Carolina. Fla. Nevada "77 Are the banks supplied with funds to Yea I YS YeT YS Ye. Yct YeT Y Yes Ye. . Y" Y? 18 lend and at what interest rate.? 6-8 6-7 6-8 6 6-8 7 6-7 7 7-8 6S , 8-10 o To 7-8 8 19 ZJuhmwi QkA Decreased Incre.aed Stotionary Increased Decreased Decreased Pecreaed Pleased i Decreased Decreased DrcrtA Decreased Increastd Decrea-td 20 HavCOTporation accounts increased or Drcrgggd pecreaMd Pecreated Decided Decreased Decreased Decreased Decreased Vecreed Pred Decreaaed Decreased Dtcreasad Dtcr.a.3 21 "rd?83 aCC0Untl' increMed OT Tncrfafd Increed Increaaed Increased Increased Tncreated Increased Decreased Increased Decreased Decreased Decreased Decreased Increased Deereadj Do local indications point to increased I 22 this yrar?d gvemment revenue LeMened Leuened Lewened Lewened Lewened Lessened Lewehed Lessened Lessened Lessened Lessened Lwened Lessened Lessened Lesa.nd IsThliheTTariff desired? , Ye. " Ye. " Ye. Ye. Ye. Ye. Ye7 1 Yea Yes No No No No Yes 1 Ye. NEW ENGLAND MIDDLE ATLANTIC I EAST NORTH CENTRAL WEST NORTH CENTRAL I SO. ATLANTIC EAST SO. CENT. WEST SO. CENT. MOUNTAIN f PACIFIC -- . Maryland Montana, Idaho AGRICULTURAL MaaMcrruaetta N 0nio Indiana Minn. Dist. of Columbia Kentucky, Tenn. Arkansas Wyoming, Colorado Washington nurcTinNS Maine, New Hamp. , Te Illinoii Michigan Iowa Kama. Misuri Nebr. N.Dak. Virginia, West Va. Alabama Texas Louisiana New Mexico California yUtaiJWO Vermont, Rhode Penriavlvania Wiaconan S.Dak. Ga. N.Carolina, Mississippi Oklahoma Arizona, Utah Oregon Island, Connecticut -jr S. Carolina. Fla. Nevada Z7 Have farmer, disposed of all then- last No ' No No No No No No No No No No No No teason's crops? . - 25 What ia the crop outlook for this Fu-r Good Good Good Good Good Good Good Fair Fair Good Good Good Good eason? ' Yet-Low , Yet-Low Yes-Low Are farmer, reducing their acreage? Ye-ow Pric-Shortage of rlorof Loor B-SSrf Y-Low Price" MSpte 26 Why? Yes Low Price. Labor Ng Shortage of Labor N N. No No Motiey Shortage of Labor Shortage of Money Money Money "ongy No ' .... .... ., e Ye., Lack v t t rr Ye., Lack Ye, Lack Yes, Lack Yes, Lack Yes, Lack YeLack of Ye-Lackof Yes, Lack Yes Lack Ye-Lack of Are farmer, withholding payment of of Fund. YesLack of Fund of Funds of Funds of Funds of Funds of Funds Fund. Fund. of Funds of Funds Ya-Lack of Funds Fund. bills? If so, whyr ' Is there a demand for lartna this yef y No No Ye. Ye. Yes No Ye. No No No No Yes by renter.? Is the condition of thesheep and cattle- Tmir Fair Fair Fair Poor Fair Poor Fair Fair Fair Fair Fair Poor; Fair - J men good, fair or poorr SSS' No 1 No No No No No No No No No No No No No No NEW ENGLAND MIDDLE ATLANTIC EAST NORTH CENTRAL WEST NORTH CENTRAL SO. ATLANTIC EAST SO. CENT. WEST SO. CENT. MOUNTAIN PACIFIC j Maryland " Montana, Idaho GENERAL MaMchuett New Yorfc Illinoii, Ohio, Indiana Minnesota, Iowa, Missouri Dirt, of Columbia Kentucky, Tenn. Arkansas, Louisiana Wyoming, Colorado Washington niTFSTIONS Maine, New Hamp. New Jer y Michigan North Dakota, South Dakota Virginia, West Va. Alabama Oklahoma New Mexico- California ru Vermont, Rhode Pennsylvania Wisconsin Nebraska, Kansas v ' Ga. N.Carolina, Mississippi Texa. Arizona, Utah Oregon Island Connecticut S. Carolina. Fla. Nevada Is there a noticeable increase in crime No No Yes Yes Ye. 31 over last September? " Should the Excess Profit. Tax be. bol- Ye. Yes Yes Yes Yes Ye. " ished? 1 -- - IT gldTfa3Jor?EXCC5' PWat' Sale. Tax Srie. Tax Sde. Tax Sale. Tax Sale. Tax Sale. Tax Sale. Tax Sales Tax Sale. Tax ,.n. . . k- h lrval ouestion in He. Si-r-tw-Te--. Hoiwtag Shortage Labor Head- Unemployment-Housing Short- Taxation-Housing Shortage TS!!! TSio,0.r!lVm lcjSZTZd m J""-""".- Jt'1?? "? . What IS the big local question in situarjanXaC-a .,.u TI- -I-- .t -. T- il?i i?li- Cm anri Prices Labor mg Shortaje Pnce of Productt and Farmert Cotton and Oil Ferrncri arvl Ctttlemen of Houaet Irri.atlon your community? Labo jEadjuI rt jUrtment Taxation Unemployment age Taxation r arm Relief crop, ana i-nces i.aDor KarmPiwiuctt Labor Cotton Crop Pncei Good Roadi Good Road "5r What is the big national quertion? Taxation and Tariff Taxation and Peace Taxation Taxation and Tariff Peace and Taxation "peace Settlement Taxation Ta"ati" Taxarjoti IWhat would be the sentiment toward 36 ' "'-otMow?"81''101' Favorable Favorable Favorable Favorable Favorable Favorable Favorable Favorable Favorable j A PLAN FOR RELIEVING TAXATION DIFFICULTIES Suggested by Daniel de Wolf Wever of the New York Bar PREMISES: (1) The Government must continue to receive revenue on the present Kale or higher. (2) The present tax ytem .widely condemned at hampering industry and progreM. (3) Sale of a bond issue is probably impracticable. RELIEF SUGGESTED: Legislation providing for refunding to each tax-payer, In tha form of U. S. Twenty-year four per cent, bonds, to be Issued for that purpose, one-half the amount paid as Income, war and excess profit taxes for the years 1920 1923 inclusive. RESULTS: (1) The Government would receive in cash the full amount of the tax levied. (2) The tax-payer would in effect have his taxes cut in half, as the bonds received would constitute a liquid asset. (3) The burden of war costs would be spread over a longer period. Local Representatives will supply on request copies of the Survey Chart, and complete text of the analysis by the Honorable David F. Houston. ' Fidelity smd Deposit Gsmpasw OF MARYLAND Fidelity and Surety Bonds and Burglary Insurance HARRY S. BYRNE, Resident Vice President 326-27-28 City National Bank Building OMAHA, NEBRASKA Supervising: Nebraska, South Dakota and Western Iowa Tel. Douglas 0860 THE SECOND SURVEY OF NATIONAL CONDITIONS The Fidelity and Deposit Company present, this second Survey of National Condition in re sponse to many requests. It is based on the answers to carefully considered questions, made by one thousand selected Representative, of the Company in all parts of the country. The Survey j. a review by business men, prepared with every effort to in sure accuracy, for the information of business men; and published as a contribution to the Nation', commercial well-being. The information, based on interview, with bankers, merchants, manufacturer, and others in a position to speak authoritatively, was telegraphed to Baltimore and tabulated within the last five days. The first Survey of National Condition, was pub lished September 21, 1920, and aroused so much interest as to indicate that it was of value to the public at large, as well a. to the Directors of the Company for whom the data was primarily Intended. It was felt at this time that another review would be welcomed. o
