Show ECONOMIC HIGHLIGHTS Happenings ts That Affect the Din Din- Dinner Din 31 g gner ner ncr Pails Dividend Checks and Tax Bills of Every Individual National and International Problems Inseparable From Lo- Lo Local Lo Local cal al Welfare According According to R G Dunn S Corn Com pang pam stability in many branches of industry is more sustained than at any time in the past three years A survey by Standard indicates that while trade outlook for the immediate future is irre- irre irregular irre ine irregular gular a n number of major lines are strengthening It is interesting to note that food products are mak mak- making mak- mak making making ing a much better showing than industry in general The The belief is widely expressed that a out clear legislative pro pro- program program pro program gram at Washington would probably probably ably do more to initiate trade activity activity activity vity than any other Ein single le develop develop- development development development ment at the moment The present congress has created the impression impression impression sion in business that almost any any- anything anything anything thing may happen thus forcing industry to be extremely cautious The The Boston News Bureau observes observes observes ves A 11 of the factors now at work ma may make mako for further shrink shrinkage shrinkage shrinkage age in purchasing power but it bringS bring'S into closer readjustment the various factors that will ultimate ultimate- ultimately ultimately ly y make for stability And the themore themore themore more rapidly investment confidence confidence confidence dence is strengthened the sooner will the processes of financial re- re revival revival re revival vival be stimulated The index of farm prices reach reach- reached reached reached ed a new low on January standing at that time timo at 51 per pel percent cent of the war pre-war average A Arear year rear ago the index was at 63 per percent percent percent cent Eggs tooka took a drop larger than than the seasonal conditions war war- warrant warrant warrant rant On the other hand small ad- ad advances ad advances vances have been recently registered regist regist- registered registered ered by apples horses wheat and cotton Continued severe weather coup coup- coupled coupled led ed with damage to crops from factors plus a favorable export situation gives ives rise to the hope of substantial improvement in wheat prices later on Qualified observes also forsee the that within the next year domestic con consumption consumption consumption of wheat may balance production thus eliminating the tho need for foreign markets to ab- ab absorb absorb ab absorb our surplus It It is held that the farm mort mort- mortgage mortgage mortgage gage situation while bad gives no cause for the h hysteria steria that has been sweeping over the tho country in recent weeks Foreclosures for forthe forthe forthe the present year if they increase in the tho same proportion as in 1932 will total about This is only 43 per cent of the number of farms in the countr country Another Another favorable sign is that insurance 9 c companies and banks have been following an extremely liberal policy in the matter of farm mort mortgages mortgages mortgages gages only foreclosing when no other course is possible The pre pre- present present pre present sent acuteness of the situation is also mainly sectional Great Great interest is expressed in plan for providing jobs It is is to o be a huge experiment and andis andis andis is is expected to give employment to men in the Tennessee Val Valley Valley le ley alone It includes Reforestation Reforestation Reforestation tion creation of flood control basins reclamation of f fertile bot- bot bottom bottom bot bottom tom lands for agricultural ag use etc Mr Roosevelt believes that the entire project will be sustain self inga ing ing ing- a and d can be financed through bonds Recent reports on major indus indus- industries industries industries tries show RA Leading YON RAYON Leading viscose pro pro- pro producers reported booked hooked solid for March Januar January shipments at new high for that month for several concerns MENS MEN'S Prices CLOTHES CLOTHES Prices low improvement in sales gales expected STEEL Production increased Manufacturers feel turn for bet bet- better better bet better ter has taken place OIL Ability OIL Ability of California oil industry to stave off price collapse this year in spite of internal strain and breakdown in l markets source y of much comment RUBBER Price RUBBER Price cuts emphasize intensely comp competitive titie situation within the industry Tire buyers can fill their need needs below cost Manufacturers FARM EQUIPMENT r- r r Manu Manu- realize that special in- in in inducements to farmers must be made to maintain present trade position Budget Budget increases of about 10 per cent have been registered by Con Congress ess The greatest increase of was for forthe the tive executive office and independent li establishments Other marked increases were departments registered by the depart depart- ments of agriculture interior Postoffice war commerce with decreases by the trea treasury ur state justice and labor Is this thia the way economy conom pled pledges es to the taxpayer are to o be kept |