Evening star., 1933-05-07
UPTlRN REVEALED
BY TRADE REPORTS
Industry and Railroads Shar-
ing More Than Seasonal
Rise.
BY the Associated Press.

BY the ASSOclateo fTcSS.
CHICAGO, May 6.-The mercury IN
Americas business barometer rose tooay
under impetus OF favorable news 1ronh
coast to coast.
With factory whistles playing tune
of good times, the railroads finding
business where none had been for
months. farm prices yelling and en-
ployment increasing. There were pre-
dictions from everywhere that we're
on the way" Some Of the increase
was seasonal, but far from all OF 1t. =.
From the great steel centers OF
YOUNGSTOWN, Buffalo, Pittsburgh, Gary
and Cleveland there were reports Of
increased operations, orders piling up.
The mills were turning out three
times as much steel as few months
ago, with predictions that operations
in the Youngstown area would reach
Al per cent OF capacity next week. The
reason: Demand for finished steel at
newly humming factories.
Railroad car loadingS, another sell
dom failing business indicator. took the
sharpest Jump OF the year during tne
week of April 20, the American Rail-
way Association reported.
Car Loadings Gain.
To haul the increased freight made
BY beer and increased other outputs,
the railroads needed 42,706 more cars
than were used in the previous week
a total cf 535,676. Although still under
a year ago, authorities regarded the
car loadingS squirt as especially 1mpor-
tant because much of the increase was
for miscellaneous merchandise.
That figure was 6,573 above the same
week in 1892 and 81 ,052 above the pre-
ceding week. Some of the cars were
rr-ith hapr others with SnOeS,
clothing and foodstuffs, that show the
financial condition Of the average
American home.
EVERY class of freight contributed to
the upturn grain, lumber, steel, coal
and general merchandise.
For the farmer, the close OF the
DAYS markets found wheat up virtual
ly 80 cents from few weeks ago, WIN
dollar wheat talked of on the Board
of Trade, and other grains moving along
in sympathy. From the Nations cheese
capital at Plymouth, Wis, came quota
tions of cheese prices at 1134 cents
a pound. up 314 cents from March III.
business leaders in several instances
announced their employees would snare
In any new prosperity.
Announce Pay Boosts.
EMPLOYERS announcing salary boosts
mall were the American Store Equip
ment Corporation of Detroit, Muskegon
and New York, jacobson & Sons and
the Simplicity Pattern Co., both OF
New York.
A few of the firms reporting better
business:
Chicago-Lquid Carbon Corporation
reports 700 men working "A hours 81
week compared with 300 working "a
hours before beers return; pay roll dou-
bled
Detroit Continental Aircraft Engine
Corporation announces March was "best
month in the company'S history"
Milwaukee-Allis Chalmers Manufac-
turing Co. gets order for four turbines
at 81 100000 for Hoover Dam.
Chicago-Brinks Express Co. an
nounces intention to order 60 new ar
mored trucks for carrying money.
A few indicators of better business:
Electric power production up, steel in
got output increases, lit banks re-
opened on unrestricted basis this week,
New York bank clearings up nearly
$1,Ooo,O00 for the week, $1,000, ,000, 900
added to value Of stocks during the
April rise and s100,000,000 on grains
since January /.
AS an indication Of the effect on
employment, nearly twoscore large
cities reported in an Associated Press
survey that unemployment relief rolls
were shortening Chicago's was down
10 per cent above the usual Spring
decline in jobless.
The automobile industry also sold
more cars, especially trucks for beer.