Show CoA COAST ST BUSINESS BUSINESS' GAINS STEADILY l SAN FRANCISCO Feb 27 A W- Business continues to chu chug ahead Inthe in inthe inthe the Pacific coast states and the adjacent adjacent adja dja cent mountain states Gains are gradual gradual grad grad- ual but fairly steady teady This This' is the essence of the thc report issued t today day by the federal reserve bank of San Francisco covering January January Jan Jan- uary business of the twelfth federal reserve district After Ater allowance for seasonal changes the bank found January January Jan Jan- uary business 5 moderately higher than thanin in lit preceding months and approximately approximately as nos high as at any time since the spring of ot 1933 Employment in manufacturing en en- 5 C expanded when compared with the usual Januar January trend trend that that I IW I is the decline that thal actually took place W was 1 less than seasonal Comparing the activity of the far west's major industries with preceding ing periods the bank found most of ot them progressing from late 1934 l levels lev v els cIs and likewise e higher than a year ear ago Summarizing the detailed anal analysis sis of ot the bank the following tabulation separates the tte industries gaining on a seasonal nal bas basis from I those losing ground Industrial changes change December to toJa Ja January uary Higher Lumber Higher Lumber production iron and steel oil production motion n pictures pic pie tures construction and car Lower Lower Cement Cement production department depart ment store sales and inter coastal ship ship- ping |