Salt Lake Telegram | 1932-06-03 | Page 19 | Agencies Gain Hope for Business

AGENCIES GAIN OAIN HOPE ElOPE FOR BUSINESS I NEW YORK June 3 There P P There t have lave been no developments in trade and nd industry to stimulate enthusiasm I during the past week but in a few fes special lines of retail activity business has las been beer on a more active plane by p reason eason of seasonal demand according accordini to o the he w weekly ekly m mercantile reviews Duns Dun s Review looks at the tue situation 1 with some degree of oC optimism declaring de claring elating that wholesale and retail distributive dis totals made the best showing showing show show- ing ng in volume of any month this year with tonnage handled and unit sales sale S increasing moderately As a result of this better trend says ays Duns Dun's there has been developed a feeling of encouragement that Is b far fa r more pronounced than could be discerned discerned dis a year ago The warmer S weather has stimulated interest in all al light Ight weight wearing apparel an j J sales ales of beach clothes sporting goods good 5 and summer needs in general were ven I given such an impetus by the Memorial Memorial Memo Memo- rial day holiday that much of the momentum momentum mo mo- was reflected in the enlarged movement of such items during the current week To Bradstreets Bradstreet's the general business busi busl ness and industrial outlook appears less ess favorable It states that al though the weather during the past week has been ideal for a seasonal growth of business activity whatever there here has been of an uplift has been so slight as to be of oC but little benefit This review comments that indecisIon indecision sion slon and delay on the part of confess congress congress con con- gress fess and restriction of credit by banks janks are arc believed largely responsible responsible responsible sible for the present dormant state of business Because of new activities in automobile manufacturing business has improved in the centers of that industry the tile review states