OCR Text |
Show IDLENESS SHOWS REDUCTION Ifj SEPTEMBER Reserve Board Report Has Optimistic Note Except on Crop Outlook WASHINGTON. Bept. 10. Improvement Improve-ment In tha labor altuatlon throughout through-out the country, both through a reduction re-duction In unemployment and a dia-t dia-t (net upward tendency ehown by wages, was the chief economic development devel-opment during September, according to tha monthly survey of bualneas conditions con-ditions Issued tonight by tha federal reserve board. Tha volume of employment waa In- i creased during September," the board ! aald, "In consequence of tha return to I work of aeveral hundred thousand coal miners, railroad ahopmen and textile work era. Tha period from August 111 to September IS. moreover, contained J by far theMargest number of wage In-! cieasea ipoTtdrnTafiyJl;n6nth aTnce"1 tha decline of business activity in 1920. Tha moat Important Increasea occurred at copper mines, steel mills, cotton mills and In the building Industry. Unskilled Un-skilled or semiskilled workers received moat of theaa advancea." Tremendoua expansion In the mining Industry during September, due to the settlement of the coal strikes, was noted by the board, while manufactur-I manufactur-I Ing was reported aa being maintained j at high levela and financial conditions 1 continue to be sound. j The general crop prospects were de- clared to be es-Mewhat Ja sncourag- I Ing than a month ago, but expansion 1 of both tha wholesale and retail trade waa oh served with prices remaining 1 constant j |