Show TRADE SHOWS SMALL GAINS NEW YORK YORK May 21 Indus Indus Industrial trial activity rallied moderately this week from the tho year four low etab during the te previous period The Te Associated Press seasonally adjusted index Index based on latest latet available statistics rose to per percent sent cent of the 30 1929 average from front lat ast week This compared with wih 1082 a year yea ago The upturn was wa general though narrow larrow every ever component of the measure holding even evon or improving except cotton manufacturing activity iy ity ty which dropped into new low lowground lowground ground round for the year The sharp contraction in cloth clot output resulted largely from the pressure of inventories which con- con to rise despite te the tho relatively low nuT level of f production In 5 earlier s w a r- r earler w a r- r earler wee weeks k s. s The modest Increase In railroad freight movement resulted from gains jains gain in coal coa and ore shipments for forthe forthe the he most part although the te dip in industrial loadings miscellaneous was freight freight wa freight was less than seasonal seaonal Automobile assemblies assembles steel mill mi activity and electric power production production tion ton slightly bettered the normal seasonal trend tend The index with wit its it seasonally adjusted adjusted adjusted ad ad- components component based on latest latet data data compared as follows Latest Prey Prevo Year Week Week Ago Composite Index 66 2 10 1082 1052 2 Auto prod 37 3 37 1 1046 6 Steel mill act t U b 1 fg 1208 1205 Cotton mfg act 8 1340 Electric mfg power prod 1038 1038 1032 1181 Residential 50 3 50 3 65 5 Residental TO Total c loadings cat 55 x New 1938 low |