Salt Lake Telegram | 1929-12-29 | Page 21 | For All Ups and Downs, 1929 Was "a Good Year"

For All Ups Up and t Downs I 1929 Was A KA Good Year Y-ea a V NEW v YORK RK AP AP nation bUlin y ar arwas r was Wa fill with filled contradiction but its character may be ba summarized in Viii one chart ahart phrase phra A Good Year V V 4 V V V I Reports fag gathered the the-ed by Press Preas f from m m me rii in th the th t twelve fed federal ral reserve districts fa familiar with c conditions in in industry ba bank bak k I in flu ing f lI end and d agric agriculture show that 1929 set set ma many y new r records cord in activity V b There Ther wa was prosperity In vary varying ng degrees degree An- An exception wa w. Was tHe Die building industry The ye yea r. r began better than thin t t not nate of f caution being baing injected ted into the economic situation by the perpendicular V dro drop in stock values L V This introduced in In some lame q uncertain ar cra 3 note ote th th His future future prompt response of industry to President H Hoovers Hoover's over r work program I caused a II favor favorable bre turn r reflected ted in forecasts forecasts- fore for foro 1930 Those Thol who believe thIs program will forum an n n up V ward wd curve urve in busi 1 ss V V V V r