Salt Lake Telegram | 1928-11-29 | Page 2 | Trade Activity in S. L. Increases

r Trade rade in Activity s. s L. L Increases L Inc s Salt f. f Lake ake was among the four cities Im lit IIi th the T j federal deral reserve district showing large increases in trade activity d during ring October according according aeI ac ae- ac- ac cording to a report Just issued by I Isaac B. B Newton federal reserve agent The other ther cities in the district dis dis- dis triet sho showing a substantial increase I as compared with a year ago were Los Angeles Seattle and Spokane A large volume of trade was transacted in the tho district rl during October and activity ty both at retail and wholesale was substantially greater than during October 1927 1921 the report t said When n reduced to toa toa toa a daily dally average basis retail trade declined from September to October October October Octo Octo- ber while wholesale trade Increased sed d during the same tame period both movements movements movements move move- ments b being l g contrary contrary t to the usual seasonal expectation lon Total value of t sales at retail of ot department apparel and antI furniture furniture furniture furni furni- ture stores in the district was 63 per c cent nt larger in October 1928 than thanin i ip in October 1927 accor according to the report and stock on hand at 51 re rePorting reporting reporting re- re porting department stores was ap approximately approximately approximately ap- ap proximately 2 per cent sm smaller smaller- at atthe atthe the end of ot Octo October r this year ear than at the end of October a year ago go