Salt Lake Telegram | 1933-06-10 | Page 7 | Chamber Heads Find Proof of Trade Uptrend

I Chamber Heads Find Proof of Trade d Statement Says Spirit Spirit- of Optimism in Utah Is Highest Since 29 Period A. A S. S Brown and Gus P. P Backman president and general gc eral secretary respect respectively respectively re re- re- re vely of the thc S Salt lt Lake chamber of commerce issued the following joint statement after after- making a study of The Telegrams Telegram's completed survey of ot- the of the of of business conditions as is compared with a year year ago ago The The of optimism prevails In Utah Utah- t today day to a higher degree than has been manifest since 1929 1920 Every aven avenue of of industry is feeling he the effect effect ef ef- feet of a cooperative move to overcome overcome over over- come come the c common enemy enemy-depres- depres slon Utah finds Itself In a most favorable favorable favor favor- avor at able le position to take advantage of the upturn in Industry and the state asa as asa asa a whole has adjusted its affairs so that thai immediate advantage may b be taken and the effects immediately reflected into the comm community For the past two and half andone one half years we have lived d In anticipation of of miracles mira des cles being performed in revitalizing business the past two months the country whole as a whole has appreciated ed the fact fact- that t faith without works is valueless valueless and and every agency in the United States is now facing the issue and readjusting its own affairs as as' to tomake tomake make th the return of prosperity blei Through th the coop cooperation ration of ot t the e federal government the mining Industry industry in In- has already felt the effect with witha I Ia a remarkable increase in the price II of of- copper lead and zinc zinc- inc as has the agricultural industry in the increase ase in price of wheat and n other di ties Locally th the inc as in the value of sugar alre already manufactured will wil enhance value of the local factory and farmer to the extent of hundreds of thousands Of d dollars The livestock Industry in its entirety entirety en en- has been benefited tremendously tremendous tremendous- ly ly- through the stabilization in prices and the cattle sheep and hog markets are stronger than they have been for years Local manufacturers are arc reporting por ng Increases in sales and demands with more Inquiries regarding g futures than they have received for the last last- two years The retail stocks and the stores have been been- so reduced that with the public again in a position to tomake make purchases the retail stor stores s will fine it necessary to to- again place orders on the basis of 1928 or 29 The Thc past month has seen a complete complete com corn turn in retail merchandising and andt t the e continual decrease in sales volume as as compared with previous years anc and previous months has come t tp an abrupt turn The average decrease ov over r sev several seval ral mo months ha has be been n in ex ex- c r nf n f IS 1 1 npr pt rh month o of April Pi sh showed h w wd ta a d decrease re of i only 6 6 per cent and ve we anticipate the Ithe May bulletin will show that we we weare are no longer on on the decline but truly on the upgrade I Wholesalers and arid retailers as well as bankers find that find that their credit position peal tl Lion tion n is much more more favorable favorable than it has been for many months past It is the opinion of the chamber chambor of ot I commerce th that t we now have tangible evidence of the return to the prosperIty prosper Ity to which American people arc accustomed accustomed ac ac- ac- ac and entitled 4