| Show 3 Lines of V. V S S. Business to Spend 4 Hoover Encouraged By Response to His Unemployment Drive rive r Public Works Utilities Telephone r Companies Submit Reports WASHINGTON Jan Jm 4 AP AP- AP President Hoover contemplated to today to- to day day and and found encouraging tho encouraging tho l' l of ot his drive to boost construction construction con con- and improvement work Inan in fn inan an nn effort to absorb unemployment major lines of or American uIn t en cn ors vors submitted d a L budget of ot lot for 1930 This with any tny items item still to be bo added promise that tho total toLd to bo expended during th tho J year Clr would bo larger larser than that for 1929 Tho Tha largest amount was that of ot public public- utilities and anti telephone companies companies com corn but tho total of public works yorks continued to grow with nine te tC toon tn es untouched in fn th the survey and anti thirteen others only partially covered S' S states were cornI corn cora I 1 e. e Tho public utility and telephone groups fixed their e estimate at 2 U.- U. I public works including thoo of the tho f federal deral government r het anI and ani railroads not ct t. t m n. n total of ot 10 SURVEYS ARRIVE Surveys for fOl tho the states move to toward to- to ward 1 the WI W dally tally and thep the j p said aId Ill ho expected they would be c b by th UK middle ot of this month In 1 Ion to these Mr Hoover Hoo pointed out that this total did not include industrial and factory im improvements Jm- Jm or building tion is ecial committee o was set tet v tho the December conference of tho the chamber of ot commerce commer e of the United States to make mako a a. survey CY of the the In these fields The Tho effect of tho drive tho the chief executive v- v told by tho the steel companies com corn panics already is beginning to show in their orders orden which already aready have ha rown lown to a a. volume beyond their theire c e WIlIo Whilo tho tito president was disclosing ing InS tho the results of ot the tho drive e the chamber of commerce of the tho United Stat States State said in a a. statement that no Joss losa os of ot momentum had been shown In tim the business ss reports to tho the na- na tiT survey uney conference committee The American Federation of Labor In fn its monthly business survey sur urvey ur- ur vey ey Mid today that employment probably would bo be low for the first t few months of tho the year ear but would Ip hr ove Ovo later Looking ah ahead ad to 1930 it Is ob- ob t fewer automobiles will v h manufactured probably from to less it said Bald BUILDING EXPECTED There will therefore b be less dem de de- m m J for fr r steel and antI steel production will Ul also bo be lover o unless offset by increased structural demand Certain taUt tain factors point to a n. better year for tor building In building it added tho ress re- re ss on of tho the past few fow months has apparently been checked and for two m contracts awarded have havo not declined except seasonally OwIng Owing Ow Ow- ing log to the t-le small volume of contracts contracts con con- tracts awarded this year ear however ho there is cond considerably crabl less work for building tradesmen now than at this time last year en Its said ald that U president dent conferences had given in industrial In leaders a n. new sense of reK re- re K fI in Jn which they had been be w called d upon to act together in fn pre- pre Sf cc f business stab stability ty In earl IT recessions they have e acted Individually to protect their own Interests and often curtailment curtail curtail- ment mont and layoffs have intensified depression II it said eald One of ot the main factors In avertIng averting averting avert avert- ing depre depression lon Is maintenance of wages and employment It added before ave ave ve manufacturers lieen leen so 50 willing to abandon abandon abandon aban aban- don wage vage reduction as ns a means of exp expense Their action In Indicates Indicates Indicates In- In a fuller uller realization of or the tho part j working men meon and play in th the n nations nation's prosperity Duo Due no doubt largely to tho buying of wage wase earners Darners retail sales have 0 held practically practically tho the pame same level in November ember and und last year |
