Show upward trend Cunn continues finues in all lines of business washington marked improvement pro in retail and whole rale ale r trade is displayed in government leports and private reporting agencies without exception an emphatic change in sentiment is noticeable in financial circles toward all phases ot of the alesi dents recovery program and particularly ticul arly in tile the case of 0 which financiers had criticized severely for many weeks many blany of them are now being quoted in the financial sections of eis as being convinced that Is getting somewhere last weeks business comparisons reported to the federal reserve showed that business in dollars as shown by the number of checks ell cashed all over the country was percent of the same period last year the department of labor reports employment as steady with a gain of per cent over a year ago which wages have advanced in t the he period per cent and the trend in re employment is declared to be gradually gia dually upward in all branches of industry and trade the industrial conference bord board leports the cost of living up 25 per cent complied com saied with early december 1932 wholesale prices are up 18 per cent and agricultural prices 25 per cent dun bradstreet reports that business failures are 10 40 per cent lower than a year ago at this time bond band prices are 63 per cent cant higher than in december 1932 stock prices 53 percent and stock market volume per cent favorable dividend changes during the past week totaled 43 the largest num berin ber in any single week in the past 2 years five payments were increased 17 resumed 3 initial pay ments were made and 13 extra dividends also declared the fact that the recent united states treasury subscriptions tor for the cur tent issue of of 2 viper cent one year certificates were more than three times over subscribed impressed financiers everywhere the american steel and iron institute steel production for mid december at percent of capacity against december le lc and 26 in mid november montgomery ward co company m pany rf reports net profit for the ending october 31 of against net loss of in the preceding 3 months E evans vans products Pio ducts companas comp anys earnings for the third quarter this year were against net loss of 69 in liar 1932 period reports for october and Novem november bir show chow that remington rands hands earnings were greater than for the 3 months ending september 30 although seasonally sales in november average 4 per cent under those of october ifor for the current quarter the companas comp anys net profits were after charges 0 compared with a not net loss of for the corresponding quarter last dear completed statements to the interstate commerce commission show that class I 1 steam i ail ways had an aggregate net income of tor for september ber after taxes and charges compare barei with tor for september 1933 1932 their net loss of 39 for the 9 months ending september 1933 compared with net loss of for the first 9 months of 1932 all of tile the gain Is recorded since july when the got in motion As a result some of the railroads in ili agricultural ri as well as industrial legions have shown exceptional gains the chicago burlington quincy t estimated rati mated earnings for the first 11 mouths or of 1933 at 4 against net income of the new york central centra in october was against in october Oc lobar 1932 1 chain store sales tor for november on oil the basis of complete leports f from roin 2 23 3 companies showed a gain of percent over november 1932 Sa lesof the same companies 1 in october 1933 were 8 85 5 per cent over october 1932 |