Salt Lake Telegram | 1938-05-28 | Page 13 | Nation's Trade Holds Its Own

NATIONS NATION'S TRADE TRADES HOLDS ITS OWN NEW NW YORK May 28 Ii U-T U The country's Industrial machine con- con turn over slowly this week registering little change from the i previous period The Associated Press seasonally adjusted index of industrial activity based on latest available data was unchanged from the previous week at per cent of the 30 1929 average average average aver aver- age and compared with 1083 a year ago Although half halt the industries in included In- In eluded in hi the Index followed up p last weeks week's moderately rising tendency 1 the others were either unchanged or lower Steel operations dipped for the fifth consecutive period Automobile assemblies slacked somewhat more than the normal seasonal expectancy Residential Residental building however maintained the sharply rising trend of the past two months The latest Index figure was 25 per cent above the February low Freight shipments firmed firm on heavier movement of coal Miscellaneous Miscellaneous Miscellaneous laneous shipments the shipments the principal in industrial industrial In- In classifications s s s 1 lumped u m p ed after adjustment for seasonal fac fac- tors Cotton manufacturing rallied from last weeks week's break and electric electrio elec elec- trio power output was unchanged The index with its seasonally adjusted adjusted adjusted ad ad- components based on the latest latest latest lat lat- lat lat- est statistics and with wih 30 1929 as compared as follows Latest Year Index Week Week 1083 Ago Automobile m prod 1100 Steel leacE B act od n a gg 1221 Cotton Coton mfg act 1313 Electric r we 1038 1038 1313 power prod 1183 ResIdentIal t li Total