BUSINESS ON UP-SWING

Poverty Bay Herald, Volume LV, Issue 17452, 29 December 1930, Page 5

BUSINESS ON UP-SWING

U.S. SURVEY

“MERELY BREATHING SPELL’’

NEW YORK, Nov. 21. A survey in 18 states has convinced the National Association of manufacturers that business conditions are. on the mend. ... Discussing the survey, Mr. John. tj. Edged on, president, of the association, void the New York State Chamber of Commerce that industrialists and business men generally were unanimous m lbe belief that the nation was only just now taking a breathing spell in the 'tremendous indiintriiil strides it has made at its own pace. Twelve slates reported improvements, two reported a stationary slalus. amt four reported a decline, ol which one was io tlie drought area, another in an exclusive!\ milling region and a third hi an exclusively lumber Reel ion

Regarding unemployment. 12 laics showed a IViirlv encouraging situation; Id were unlimislie of improvement in the iale wilder or early spring; one aid ii ipalcd no rhauge. and three wlii'.’h Were iii agricultural, mining or lumhei regions thought the sit no t ion iininvnr aide.

[mill: I l ies oil Ihe Upswing. Mr. Rilgrrloii listed a., steel, textile, public, utilities, shoes, paper, building, beet, sugar, stockyards, numerous specialties, railroads, in some Reelings, automobiles and allied lines, and mining in parts.