The Bismarck tribune., 1933-05-31
FAVORABLE REPORTS
SHOW PROGRESS IN
NEARLY ALL LINES
In Many Sections Advances Are
Declared to Be 'SIiqht
But Noticeable
OPTIMISM HELD GENERAL
Leather, Wool, Cotton, Motor,
Electrical and Other In.
dustries Prospering :
OPTIMISM HELD GENERAL

Washington, May 31.-(P)-Assur.
ance that conditions In many lines Of
industry have improved In recent
weeks was received Wednesday by
Secretary Roper, encouraging the ad.
ministrations misunderstanding ef.
forts.
From all over the nation came re-
ports Of gains-slight for the most
part, but noticeable-in response to
an invitation from the department Of
Commerce for facts and conserva-
tive opinion"
Most responses said employment
was increasing in line with the up
ward trend of business. Several ex-
pressed hope the Roosevelt legisla-
ton to bring about partnership;
between the government and industry
would be fastened.
Industries in which improvement
was discerned included leather, wool.
cotton-textile, electrical appliances,
automobiles, office equipment. furni-
ture, paint. steel, dry goods and meat
packing.
Based on information from l27 at.
filiated organizations, the national
association Of credit men, said inquir-
les and requests for credit informa-
ton established "a new peak, indi.
eating unusual interest and acceler.
ated volume Of business with emphasis
on business placed by houses previ-
ously practically out Of the market"
The national automobile chamber
Of commerce said: "since the low
point of the bank holiday. production
and sales Of motor vehicles have
shown steady increase"
Comparison Is Favorable
Employment and production in the
cotton textile industry this month
were said to compare favorahly" with
conditions prevailing in 1928. The
cotton-textile institute said: For the
first time since 1929, prices for tho
average cotton mill reflect replace !
ment COST"
The national association of wool
manufacturers said general condi-
tions ARE improving, more people
are employed, production is increas-
ing, sales are larger and prices have
been advanced to meet the advanc-
ing prices Of WOOL"
Substantial increases" in sales
were reported by the National Elec-)
trio Manufacturers association, which
said minor general increases ara
probably occurring In employment
and production"
Robert p. Lamont, secretary Of !
commerce in the Hoover cabinet and
now head of the American iron and
steel institute, said: steel opera
tions have increased continuously
since the last week in March and
prices of numerous products have
strengthened slightly during the past
month"
Briefs from other reports:
National association of credit men
improved sales production and en-
ployment indicated.
Leather Business Better
Tanners council of America-leath.
er industry reflects stimulus Of in
creased demand and firner prices"
Office equipment manufacturers
nstitute-majority of institute MEM
bers report substantial sales gains"
National Boot and Shoe Manufac-
turers association-Shoe industry a
q whole mot In profitable condition
but hopeful Of improvement"
National association Of furniture
manufacturers-sales show distinct
upward trend during past four
weeks"
American Paint and Varnish Man
ufacturers aSsociation-"Business and
employment both trending upward"
Motion picture producers and dis
tributors of America, Inc.-Business
has not shown any marked nation
wide improvement.
Manufacturing Chemists associa-
tion-1ncrease in production and
sales during last four weeks.
American Petroleum institute
Crude oil price structure has collaps-
ed.
National Retail Dry Goods associa-
tion-Favorabl trend in both pro-
duction and employment.
Associated Grocery Manufacturers
of America, Inc.-Production during
last two months up about 10 per
cent.