Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-03-03
BUSINESS ENTERS
new MONTH WITH
HOPEFUL OUTLOOK
Continued From First Page.)

Continued From First Page.)
individual Federal Reserve districts
follow:
BOSTON-A steady market in
shoes. wool and cotton textiles was
reported in the first district. Shoe
factories in many cases started pro-
duction for Easter demand General
business was improved slightly.
NEW YORK.-Although the total
Of buyers entering the New York
market was under the previous week,
requests for bids on machine tools
appeared as q heartening note. Fall
inquiries on merchandise also were
reported to be increasing. Buffalo
steel activity was of 5 points to 40
per cent Of capacity.
PHILADELPHIA-Bank statements
for the third district indicated a
mixed trend in trade and industry
with seasonal improvement in the
Philadelphia area almost negligible
Wool markets were quiet while manu-
facturers of silk full-fashioned hosiery
said business was holding up well.
Richmond Gains Shown.
RICHMOND.-The fifth district
noted higher power use and steady to
better sales Washington department
store sales continued high, collections
were strong, and credit use expanded
apparently in anticipation of restora-
ton Of Government pay cuts.
CLEVELAND.-Desp a fall in
steel production, miscellaneous bust
ness and industry was reported hold
ing firm in the fourth district, retail
sales were reported up S per cent
from the previous week and about Is
per cent over year ago.
ATLANTA steel produc-
ton continued unchanged at 55 per cent
CHICAGO. - intry weather dragged
district. but indications were that general
ers on ana nysn Kss as
sprins business. Construction permits in
G en- cage increased in February although
'hs FaiH ToG us leSs additional furnaces
9 9DsIiI. iron and steel continued to pre-
ture. Farm. supplies advanced and vol
Bree reached hgh point for the Last
MINNEAPoIis@The record Of business
in the ninth district continued during the
first half Of last month at higher levels
than 9 year aso bank reports indicated
KANSAS CTTY.-Mild open weather
permitted the conservation OF short feed
supplies in the, tenth district; Cattle
stocks were at the lowest point for the
season in many years. In wholesale
trade. implement sales were 10 per cent
above a year aso. dry goods lost 5 per
cent, drugs lost z per cent and hardware
and furniture was about even. Retail
sales gained an estimated Is per cent in
February with the same proportionate in
crease last week
DALLAS.-Farmers counted losses from
freezing weather in the eleventh district
as Tar south as the lower Rio Grande
VALLEY VALLEY. In that section beans were re.
yields reduced SO to IS per cent. tomato
Yields damaged 90 to 30 per cent onion
quality lowered and scattered damage to
squash and cucumbers. Practically no
damage was caused to beets. carrots. cab
bage and citrus fruit
SAN FRANC1SCO.-Wholesal and re-
tail grocers were upset over q tentative
Federal decision to substitute food baskets
for the cash dole. Other wholesale and
retail lines continued at good levels. Gold
mining was more active. Western stocks
made numerous new highs. lumber orders
continued good and oil drilling was &C.
tive Bank debts indicated business in
the last two weeks was around the best
levels OF three years.