Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-28
NATIONAL COUNCIL
OF C. OF C. HOLDING
ANNUAL MEETING
Continued From First Page,

National Council Of the Chamber of
Commerce met this afternoon for the
presentation Of awards to the six win
ners Of the tnter-chamber fire waste
contest held in 1929. The contest was
conducted in 382 cities through the Ma
tional Fire Waste Council.
Albany, Ga, which won the grand
prize twice, led in the class of cities
under 10000 population in showing the
greatest decrease for the year in the
number OF fires resulting in losses OF
The other winning cities were Ro-
chester, N. Y; Erie, Pa; Lakewood,
Ohio; WATERFOWL, N. Y, and Philadel-
ph1a for cities Of more than 100000
population.
Vice President Walter F. Abbott of
Chicago presided at the nominations of
directors representing the chambers Of
commerce, while President Busterworth
was chairman of the divisional meet
ing that nominated national councillors
from trade associations. The council is
composed Of one representative from
each organization member of the cham
Der. A councillor for each of the nine
districts, with the exception of two from
the seventh district, are to be elected
py the chamber of commerce dele
gates. Eight councillors are to be chosen
by the trade association group.
The nominees from each district or
section are to be reduced to two from
each in the preliminary balloting From
districts where only one nominee ap-
pears on the slate, another is to be
added.
Barnes Outlines Business Status.
A summary of business conditions
was issued last night by Julius H.
Barnes, chairman of the board Of the
chamber and head of President Hoover's
national business survey conference.
It reported that American industry
Is fully carrying out the construction
program forecast last December" and
placed the total Of building contracts for
the first quarter of 1880 at $1,l00 ,000,-
00O Further, 1t computed assured State
and local highway construction for
the year at 81 ,601 600, 900.
During the years first quarter, the
survey showed, corporations throughout
the country obtained new capital total
ing 1854. 100000. Call and time money
were listed as having reached new low
levels and savings bank deposits were
reported as increasing in virtually every
section.
In New York State, the report con-
tinued. savings deposits for the first
during the same period last year.
Although holding generally to an op-
tlm1stic note as it touched briefly upon
conditions In the major lines of in
dustry, the survey showed many of the
totals given as below the marks set'
for 1929.
The billion and half dollars of new
capital so far obtained by corporations
was exceeded by 2 per cent In the
first quarter of last year, the survey
showed. Bond offerings so far this
year were shown 40 per cent greater
than last.
Rail Expenditures Increase.
Capital expenditures Dy railroads for
the first quarter likewise were shown
to have increased over the same period
last year by approximately 40 per cent,
while those by telephone corporations
were listed as increasing 80 uer cent
Automobile production ia the United
States and Canada, although passing
the million mark, fell 100000 short of
last year, the survey continued. while
used car sales and the automobile parts
industry both experienced Substantial
incI eases.
Summarizing, Mr.. Barnes satd the
survey suggested q manifest adjust
ment OF production Of goods to current
consumption" and a continuation of
cautious merchandising policies in re-
tail distribution"
A partial survey of international
business conditions, included in the
report, said:
Briefly, world business, with a few
exceptions, has not been in a prosper
GUS condition during the Winter
months. but appears now to be on the
mend, as underlying economic factors
show slow but steady Improvement"