Show economic H highlights highlights 1 1 1 m T h itlo isar 1 1 I 1 tux kalli of war irra andl 1 arob brinn I 1 arom il welfare ul ayk ask arty any business ob wrev bhea eliy will bo be 6 aw r eral 19 wont bo 10 1 to glye you taiti 0 10 dak r but there ig 14 a goott chance that lie he will SA when HIS ww steel tilted satte s steel C corn olin pany linny resu inex its preferred li lend ilig big std lias has jn bellwether bell wether of industry every since its or cation in 1901 when its operations 01 are down till nil ot her major businesses nio are down mien its operation saro are hip ill till nil other major businesses aro are t usually doing well in III every busl 1 14 activity index steel operations no 1110 aluli more weight than any ally 1 0 other tit r hided for P regular preferred dividend Is it if ll it regularly your lifter it r nor with ten few exceptions until depression stepped tit in first deel lile was a cut to 1200 12 00 then tho dividend was dropp dropped 41 ent entirely liely firul Is biow n w laar in arrears arren rs UK big steel buol re sinned lt kland ye yet but amt demant demand tor for steel deteel from all coerces la growing rowl ni with the in the lend lead according to 9 general dawn lipen keell Is asat at a bout bolit 00 per vent chit of real captivity blaak oro are taking tile tho place of 0 red big steel v re vently returned to it aix oix day yeok for 16 it 8 white collar workers thus thua tho the ten tell pw per cent pay cut alny had taken it Is a policy of T saml rest pro to far iner levels barove dividend de that Is ig th obes t news of r the acel bat kotlier rood good news newa la Is put lal balking king As tile 1934 earnings x reports drifts in III it Is 19 evident that A a largo number bor of important concerns are eluding alio lie going easier profits gr greater pater improvement was waa in uio the earnings of such buch potent as american and telegraph Wele graph Clie sn peake and ohio J C 10 allne ellne y whose sales balea established an all all ehno high for the chain cl iala and montgomery ward coal and to lex x tile two basic heavy beavy Indu industries Atries which W aich wore were lilt hard by to yi 0 I 1 aada th 06 states khero tva its not as aa good id na ii R year ajo ago has dwindled d only texal alabama new low york vermont and now new jersey tall fall into this classification california oklahoma maryland Ua ryland and now new hampshire I 1 show little or no change all tile the rest of the states are in a better position ao 0 o much for the credit cit side aide of the ledger oil oa tho the dolliC tAldo la Is tho the unchallenged fact that unemployment la approximately as great as aa it was waa a year ago ko according to some bome it Is greater while twenty venty ti odd million people still depend on 0 relief tor for it to Is likely however that a dent will bo be mado made in in these figures afta the gain ja a heavy Indu is ia reflected in n tha hd employment statistics also on tho the debit sado Is uncertainty dainty as to the alio trond trend of national 0 and indea tore tora fear lows iowa that would inke rio potential profit out of private endeavors proof of this attitude Is id found in III tit alie e recent heavy rise in tho the prices of good municipal bonda people tire aro anxious to put savings into tax free frea government so securities curi ties rather than private securities whose worth bordi may be depreciated by governmental action it la Is a safe bet that many hearts will beat easier next summer when congress adjourns that act alone will give giro a spur to recovery the adminta administration Is pre pair ng ing to pay more public attention to what business wants writes thomas AV Y phelps correspondent of the antl now new deal wall journal Journ sl whether this ancans incans that business will get what it asks for or depends on oil how far it attempts togo to go but administration experience with 60 50 leading business men on oil the a and advisory rimming over the last year lias has encouraged it to turn its ito well oiled spotlight on oil busine business mens incas recommendations with the idea that lint these lie so can bo be followed often ellough to scotch the iden that tile the administration to is antl anti business that coining from so conserva tho newspaper as the journal Is highly significant it has become evident of late that the does not wall want to bo be classified as that it Is planning to some soine of its in hi favor of right wingers alic has lately men even gono goni so far as kohold t hold out tile palm of peace to tile the industry which it has attacked most lit in tile tho pait jentile Jec tile on aasc 7 1 economic highlights tram mm rax rage one I 1 utilities plans oro are now on toot foot which if completed will lead to lo rate i reductions on oil the part of leadin loading leading ing utilities a letup let up in the administrations government electrical development campaign it if tho the administration actually takes serious notice of tile opinions ot of business men inen ted inevitable result will bo be an all increase in ili conal denro on oil the part 0 of those who have money to spend for developing industry alfi employing lalor labor it Is no secret that the administrations more or less lesa left wing ic ie covery pro pram grain has failed to do what its ita pondora pon yora ho pod por perhaps haps the president has decided that another and liffer different tit tic tack must ile ho iod nw ilow |