Show I I I I I I i I I I 1 L r S I I S I p I 5 iNDUSTRiAL 1 HUE Many Influences Point to Betterment of Business By OTTO E. E STURM United Press Financial Writer NEW YORK Nov 11 The li-The The An can trade and industrial brightened perceptibly this week ij the result ol of a number of stimulating developments reports today fr from the country's leading business centeri showed 4 K Retail merchants looked forward 1 T the best Christmas buying season j three years basing their optimism the effects of the N R A the pr dents dent's plan announced this week put unemployed to work at once and the psychological stimulant of prohibition repeal fi fiA A severe cold wave spurted retail retail-g sales this week to such nn an extent that I many centers reported the heaviest business for any week since Augut AugustS August'S The movement was accelerated buying incident to the election day I V Bank clearings a pertinent of general business activity lh the best gain since July The total toz 3 for the short election day week FU 1 at all leading ol ci the country an increase of p per I cent over ever the corresponding week vee of j last year At New York alone the rain was 30 per cent with a total of ci wi 3 A better showing was made by the leading industrial indices which have been in a gradual down trend for for for- nearly two months Steel was low at around 25 per cent oj 1 ca but early looked for chiefly as a result of rail buying orders Railroad freight traffic held up welt welt- The rate of electricity showed a gain over last year for th the consecutive week although th increase was the smallest In percent t tage age since around the middle of f May Sales of automobiles were well main main- tamed The number of business i continued to dwindle as compared with a year ago Dun Inc reported for ended November No- No No-J No vember 2 a total of insolvencies against in the corresponding week wed i of 1932 and in 1931 j v Preparations for the repeal of ro j added life to the business pic-i pic ture Plans for production and dis' dis of wines and liquors next 1 month were stepped up and It estimated millions of dollars will be spent for new equipment and su j plies in the revamping of the legal j liquor business i Spurred by a falling dollar the gor s gold operations and favorable earnings reports and actions the stock market showed more vigor and sentiment was on the prospects of a continued rise Wheat cotton and other commodities con com also advanced as the general public began to show renewed interest inter inter- est in speculative possibilities v |