Show PRICE TREND AGAIN I POINTS UPWARD UP I REPORT SAYS Ii i iF F Federal deral 1 Reserve Summary 1 Re Reveals eals Condition of Industry 4 t. ASHINGTON April Reports 30 Reports from froin federal reserve agents throughout through- through ou out the th country showed a marked te tendency of prices to resume their upward movement the federal reserve board reported last night In its its its' summary summary sum sum- sum sum- mary maxy of business conditions for April But the board noted the hopeful sign from the consumers' consumers viewpoint of anxiety concerning the overstrained situation resulting from excessively high prices and wages which It be believed believed he- he forecast a slowing down In the fik skyrocketing of prices I While high prices of neceE necessaries saries i were o obviously chargeable to inefficiency Inefficiency ency and underproduction to a large degree the board advanced tho the belief bellet that the already high costs of ot production were aggravated by tho the II added expense of ot obtaining capital The result has been that during luring I April conditions were not as favorable favorable favorable favor favor- able i I to a drop in prices as as' as they cro In February and March accordIng according accord- accord Ing to the summary DEMAND IS STRONG While While the agricultural outlook Is distinctly less satisfactory than It was a month ago ngo the summary said I and while the month of April has been a period of serious labor Jabor disturbance disturbance dis dis- i especially In the transportation tion field the activity of business has continued high demand for or products strong and with prices tending up upward upward upward up- up ward rather than downward Industries Industries Industries Indus Indus- tries are not as a whole booked as asfar asfar asfar far ahead relatively speaking as In Inthe the fire past t although In some lines the I r I I. I volume of unfilled orders is very I large f r The rhe export trade holds I up in an r unexpected degree and aid bank credit although not materially larger in j I II I volume than at the opening of April I has had to follow tollow more or less the r course of demand so that expansion at various points has taken the place I of reductions effected at t others I FARM LABOR SHORT 1 The rhe l The board boud viewed d with some I alarm tho question of obtaining adequate adequate ade- ade I I quate labor for tor the farm This ques ques- i I tion was considered considered the most difficult t element clement of the whole labor situation and was declared to demand deepest study in order to obviate s serious r re re- suits b th to the producer and ad con con- sumer Farmers have been unable to obtain more than half lf of the lab labor r they need Southern districts rei re- re port ported d. d |