The Birmingham age-herald., 1924-08-31
NESS CAIN IS UNDER WAY
 IN 6IH DISTRICT
 TO Federal erve Show
m Assoclated PresA. ]

X ' 7 A .t ATLANTA. Ga,, August 3O.-The general outlook for business during the fan and winter ''is at least satisfac- tory, and business statistics for July give indications of improvement being experienced in several lines of trade and industry in this district during the month, all of which, however, depend to great extent on the turn in agri- cultural conditions, according to the August monthly business review cov- ering the agricultural and financial conditions of the Sixth federal reserve district, made public here today.
 While it is pointed out. that some trades are rather "quiet" for this pc llriod, this is attributed to seasonal in- fleets of the seasonal factors vary con siderably in different lines. Although July is considered the lowest month of the year fin point of sales by many re- tail stores, and a few wholesale lines, recovery is already in evidence, accord ing to reports by a number of the rep resentatiYe firms in this district, ac- cording to the review.
 A decline in cotton was evidenced be- tween June 25 and August 1, the re- view shows, but this, it is pointed out, was not to the extent expected during that period, and crop ot' 12,351, 600 bales is the estimate given by the de Iartmept of agriculture. Dry weather, it is said, has caused damage to corn and hay during July.
 Better Wheat Yield.
 A better yield and quality of wheat is evidenced this year than in 1923, but it is pointed out that the. total pros l duction in the state of Tennessee is reported as being the lowest since the Civil war Oranges and grapefruit have improved considerably in Florida during July, and reports place Georgia's s tobacco crop as being the largest ever raised'' now being marketed. Around 34,000 acres have been planted during ] 1924. according to the review, which doubles that of 1923, and the producs i tion is estimated to be between 25,- 100000 and 35O00,000 pounds with a value to producers "of approximately six million dollars"
 A small decline was noticeable in | savings deposits at the end of July, which condition, it is said, is not un- usual following the semi-annual inter- est period, but, this taken into consid- eration, they were more than 6 per cent greater than at the end of July, last year, &.sF
 ] Debits On Decline.
 Debits to individual accounts eonS tinue to show declines, as compared with year ago, and failures, although m0re numerous, were considerably smaller in total liabilities during July 1 than in June or July a year ago. Building permits in July in 20 cities ! evidences an increase of 24 per cent greater than those issued during July, ! 1923, the review shows.
 "A small declines was registered in industrial employment throughout the i district according tO the review, but large numbers are being kept in em- l ployment because of the buildings and l highway construction now under way. A substantial increase in the amount of orders being placed with lumber mills in the district, has been noticed l in recent weeks, and although some ! cotton mills are remaining closed, others 1 have cnrtaiIed their operating schedules, i tue volume of business being placed with textile mills is increasing, accord i ing to the review. The review shows I the following concerning the more im- l portaht trades:
 While only 5.4 per cent lower than | in July, 1923, the volume of sales re- ported by B department stores iA the district during July reached the lowest lpoint for the year. This is not unusual J however, as during each of the preeed- ing four years July has brought the
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