Show U. U s S. S s DUBIOUS OVER OUTLOOK FOR TRADE Rising Costs Cost and Industrial Industria Disputes Menacing Board Says WASHINGTON Jan 1 1 American business business business' feels anxious ov over r what the future holds the federal reserve board board- announce announced in its review of ot otI I December busin business ss conditions The continued advance in prices the re reduction reduction reduction re- re in production and the high cost of ot living are regarded as a commercial com eom- ri mercial Iclal menace Although Alth ugh the retail retaH trade showed great activity and wholesalers am and andI manufacturers are pil piled d with orders I f the growth in business the report said was in terms of ot dollars and n not t tI in production High priced labor re refuses refuses refuses re- re I fuses to work regularly and demands short hours with the consequent fallIn falling fall fall- tau In ing off oft in production f j i I Uncertainty as to the developments developments' I of the next three months is retarding j I expansion in trade the report added as as cautious manufacturers were were said I to be inclined not to commit themselves themselves themselves them them- selves far into the future L Labor bor unrest showed some abatement abatement abate abate- ment during th the month but the idleness idlene idle idle- I ne ness neiss s of ot workmen men was considered ered a greater problem m. m than systematic strikes The Housing congestion was expected expected ex ex- pe ted to be relieved by the increase in construction which the report predicted predicted predicted pre pre- would be stimulated ted by a de decrease decrease decrease de- de crease in the value of ot r raw w site sites |