New Britain herald., 1930-01-27
ACTIVITY IN AUTO
 TRADE INCREASES
Factory Reports Most Encour- aging in Business Survey

New York. Jan. 27 (UP)-With retail trade somewhat restricted by extremely cold weather, attention of the business world was turned last week to a series of highly con- structive reports from the steel and automobile industries and from gov ernment officials.
 President Hoover who has been keeping in close touch with the bus mess situation since the series of prosperity conferences" at the White House last November. stated hat unemployment was decreasing, while the national business survey conference saw evidence of growing activity in general business with no artificial stimuli needed.
 Better Activity Needed
 Two of the largest automobile manufacturers in the country re ported heavy activity during the first several weeks of this year., while officials of the second and third largest steel companies said that business has been improving more rapidly than had been antlci- pated. In addition 10 these dcvel- opmcnts, Bethlehem Steel corpora non reported record earnings during 1929 with the last quarter excellent.
 Operations oC tine steel industry during the past week show further substantial improvement. rising 10 around = per cent Of capacity fol- lowing further heavy demand for construction and automobile spccl- dcatons. Unified orders in the in lustry are said 10 hc increasing. while one unofficial authority made inc statement that the United States steel corporation would be opcrat- ing at capacity within six weeks.
 Trade reports rom various sec ions of rHc country wcrc somewhat mixed. aithoueh most sections rr- ported continued improvement in various lines ot business Most Of fhe jrrc=nlWfy Was mtr,u',I lo he highly understandable vcath.r. < gratifying d~vJonm..l vas Jho uniform lDrroaso iu tmpioNmont lurouguos, the coGltry.
 Autos Most tctivr
 Trad, r,H'at Is mos. uars.I u he automo'Ji" Ww.trf. O1ju4'. of Che<rolD stated rNHl tae compauy would s.ll nor. ears 'nau 'u. a6I.A rar rccorI o' January. tH-a wtH" Dodge reporter -uu+ o' &5 to lou per cen, m production a' ifs >arl- ous mod5is Ford has reHuu 5.ono men in the psi t,a rs.ks.
 Report, o' corporation earrings for the fo9rtH quarter O ',9H. which reflect tar ,Ato'I oG ta. au~- mess recession oora>joreJ by tlt stock market break ar. .'oum- excellent comran-ou5 with r.u sam- quarter of lust y9r E.tuloI,m Steers profits iH j.o aou1a quarter were roughly 4r urr rant ahoy, the same period of tg-> md aoIu.u hal similar reports arc b'ug ml!, ruu- he by other leading rorrarrps.
 steel Bushes Gubd
 Next week General Motors is ,z- pccted 10 report comGa~afUriy rauG results for That perie1 vMl t., United States Stc'i report. uH'rh i- also due next N"rG, veilI show a new high record profit il Ia@F. accorI- ing 10 Wall street estimates. The comparatively little effect of the sock Warket break or general bus mess has resulted in remarkable change of sentiment in Wall street circles.
 During tue past week. prices or the c~'llau@, moved lip to r,w high levels from the Dctobcr-Noy"nlo"r break on tncre~s'u activity Aroord- Ug 10 i,allu- brokers. tnr r'ro>'rN U t'fo ~lor', mn'E' ia thr best yd- scrusu1urut tAai business c.n I'- i've at this tune.