Evening star., 1928-06-02

reserve bank cf5 M a. %#M
cial sai6 that = $@ X M$
though labor cor N%ssSSa i. &
G.ti0rs continued
unsatisfactory and / NJ. Flor an.
8 larger number Of
workers are idle. or are working on
part time. than for several Sprm
seasons. some improvement occurre'
during that period between the mlddl
Of April and the middle of Nav.
The opening of a large volume q
cons. .ructlon work in the fifth 6iStrlC
has taken many men from the ranks o
TIE UNEMPLOYED. and Al present It ap
pears likely that sufficient work will bt
available during the Summer TO takt
care Of nearly all labor.
II several localities ~ the dlStrlc
large industrial plants are being erected
These plants viii furnish work for t1t
building trades for some months. anc
afterwards viii employ several thousand
additional workers IN the factories
most Of Wton VIII be recruited locally
Surveys Agricultural Conditions.
Agriculture got Of TO an exception
E.Iy poor start because Of cold weather
nd rain The report says. but this Is not
positive Indication that the fifth
district territory viii have poor crops
Continuing. the report saws:
''F~lit prospects are better than they
were last year. and the continued cold
Teat her proved favorable by preventing
premature Development of buds.
The damage TO peaches done by
Ap-ll freezes was serious. but apple
prospects are much better than q
year ago
Truck shipments are lata this year
b. Yields promise 70 pe good n most
crops.
IN South Carolina. April rainfall
was the heaviest IL y years, and as 3
result, cotton and ccrn stands are u
regular from poor termination and dT-
Eg frcr cold. ard much Teplanti-lg
has been necessarT.
The Virginia tcbacco markets haze
cIosec for tf1e season a7d total sales
- the state amounted 10 Is3,ol6.43I
pounds.
Bond Club Plans Summer Outing.
TIE Washington Bend Club has ar
ranged Z Summer outing to be 1ol0 -
tfae Burning Tree CostntTT Club II
3Fsr-1suc. or Saturday June y. Prac-
t1cs1ly al the rer7oers of the club are
p1srr.rz 70 attend and many have bacn
Invited g 5oin the party from Baltimore
Coli and tennis are 10 be among ti3e
5ssc-g features. the wi1grers 10 b.
sysr6e5 prizes. TIE chairman II the
Hs7errz !rn1e1t committee is Sidney
Thomas of G53Iett 3. Co. and Chayles
Carro-l Moran Of @ n ?. Murphy
G. CO. Is actlng as vice Chairman.
Convention Program Ready.
yoar II. Riordon. chairman o. the
program committee for he bankers
conTent3o1. reports that tae progran1
fszs beer completed ard is lzl :I1e hands
O. ne printer. The first DAYS special
speakers 1-cl16e FRED =. Sheppard. John
a. OConnor ard Commissioner Sidney
r -1lAsserro TIE c1sef a1oyessas q
1zs aecc1c 6zv HI!1 be made by Edgar
Z Smith q New YORK ard william
Il Baden e Warrington. Commercial
zzS o,ner important as1n1lsl rcports VIII
acc greatly % Ire l9elpfulness of t31e
b1Gsaess sessions.
Fifth District Reserves Deeiine.
Toag reserves ard the raEio q total
reserves % oepoe1T zn6 PedeYsl Reserfe
Eote Liability confined declined CURING
Gsze seek ended Lsy - Is coGparee
w+eo chss eyscee 5EaT u. Dcth a Rich
s1o,5 ard ir rt2e u BANKS that make
- TIE Feceys. Reserve system aos-
x~t1E+&g1c.g1g *5se shorter 7eeK. oa1% 70
gre ozmzs csossgg or Memorial 6aT
tee total q Dslls discounted increased
&c tae F4ft1 e1GSTact - vel as 1oC t5ae
e1srs system
~ra2G re6e~vez 81 g7sogz 800 zTe re-
gsoz1s1 oy m Fzaczsr1p..6 oaGk FoE ffss
Bsez q EsY II. IS crEoD2Ee1 %lF6
80 leef 500 re pre*1o12s Eeez- Toe eoE-
re@1<ylfssgap 1sa7Ees fCr Eae Cfsss1ssze@
bsrks exe 81. ~. .keg<eg srS & ~ 523. =
C9s for st4e eVc pe-B9cs g@@l3eG1 s@esE
gle.vonS clsenssrteG &z5 ,56t 500 So
kx .sst %eeK zS o0vKeaye1 NIta gz&.-
E15 6oo m gFergos<S EssE. TIE ~ banks
kaseosreeH s.s5s amounting - fezI 19}. =
G6e. g. against s54S ~ lyga ne Bee1
e1ce1 III ~.
Sseek E1fhangs Offer Dpe seen.
q. important reaax3 fos she raeAnt
ky2xetasSe et controlling Interest ~
Elataerz Dsz1ee n Dg Hrsft-Fboniz
Cfseess ca szSe sis@ Val Strees
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