Show lAM NJ lAUD Ui 1 8 1 S WASHINGTON Oct 14 AP Secretary LamOnt Lament said t today day that b business Is In a acry ery cry healthy con con- on- on and the that It 4 it Jt had maln maintained ned A Ah h high h ovel for or the rife first nine months ot of 1929 The output of pig Iron Trott and steel ingots he said said was nS usually u re regarded regarded regarded re- re I as na an accurate reflector of industrial conditions conditio and he cited that the rho output out ut of these products was wag more more re than 17 pe per sent cent greater great l' l than for fot tho rho corresponding period of ot last year ear Silk consumption he reported sh showed wed more than 9 per pet cent lain gain and wool cotton and rayon rayon consumption con con- increased Automobile production oct otters often used as a u nica- nica mca mca- a.- a. fauro uro of or consumer purchasing power pow pow- er also increased his statement said and nd industrial employment ment Vas larger payrolls payrolls' showing cx- cx panso l anso Retail trade including mull mall order houses department stores and und cent 10 chain store showed a business bud busi ness well tell above last years year's record according to tho rho commerce secretary secre secre- tary r The secretary reported dividend and und Interest pam payments 12 per per cent above the tho cOrre corresponding londing period or oT last year while defaulted liabilities of failing business firms declined 11 pei pet per cent He said wholes wholesale le prices were stable and foreign trade showed heightened activity Mr Dir Lamont Lament asserted he was mak making in inS ing no tto f but was merely recording what hat has Las hap hap- |