Evening star., 1934-02-18
COLORADO PUSHES.
AHEAD ON STEADY
TRADE RECOVERY
Retail and Wholesale Sales,
Industry and Employ
ment Improve.
BY ]. ]. MULLEN.
Special Dispat atch to The Star,


DENVER. February 17.-Colorad0
continues to push ahead on rising
business recovery. The latest COM
prehensive survey. shows that general
trade conditions in the Centennial
State are at a high level, with gains
noted In January considerably extend
ed In Q number Of lines.
Retail sales In the first part Of Feb
ruary showed gains ranging up to 10
per cent over the same Period in 1888,
while wholesale orders advanced from
10 to 20 per cent. Industry Is grad
ually expanding, and the total number
Of employed showed slight gains.
Nearly $4,000 Colorado farmers will
sign agreements to curtail production
of corn and hogs, according to DEPART
ment of Agriculture officials, which
will mean payment of approximately
$3,750, 900 of Federal funds into the
Golfers of these huSbandmen. Colo
RADIO wheat farmers were paid $780,
600 for their curtailment program.
Tire Sales Gain.
Optimism over business conditions
In the State was heightened this week
with the announcement here by q ma
tionally known tire manufacturer that
the West, particularly Denver and
Colorado, is buying more tires than at
any time since 1927.
Additional employment for Denver
was seen in the prospect Of Q $40. 900
addition to the Denver Mint. The
Treasury Department this week sent
supervising architect from Wash
ington to Denver to learn at first hand
whether new storage facilities should
be provided. Because of its strategic
geographical location, practically mid
way between the two coasts, support.
ers of the plan to add to the Denver
Mint claim this city is the ideal loca-
ton for added storage space for gold
coin and bullion, all Of which is now
under control of the Government.
Feverish activity continues in most
OF the mining camps throughout the
State, although heavy snowfall early
this week will hamper operations In
more isolated sections In the higher
attitudes. Reports circulating that
another rise in the price of gold-estt-
mated by some to be 81 per ounce
is leading to extensive plans for real
Spring drive to get out the yellow
metal.
Eastern capital is combing the State
for good gold, as well as silver, prop
critics, and last week party of Euro
peans visited the State and arranged
for extensive investments In three
Colorado mining properties. 1t is the
first time in a score of years that
European capital has sought invest
ment in Colorado mining.
Boom times like those of the good
old days" is freely predicted by leaders
in the mining industry. Durango,
Leadville, Cripple Greek and other
camps are teeming with activity. The
mining industry at Idaho Springs Is
the busiest in more than 10 years.
Boulder County is keeping pace with
| other sections, and the several smelt-
ers in the State are reported working
at capacity.
Sentiment was mixed in Colorado
| over the proposed sugar quotas to be
established by the administration.
Cutting the domestic quota was pro-
tested by many leaders Of the beet
sugar industry in Colorado, and plans
were made for some leaders to appear
at the hearings in Washington. The
1,450, ,000-ton quota recommended by
President Roosevelt for beet sugar
would result in q reduction of beet
acreage in Colorado Of approximately
$4,000 acres.