Show economic econom ic highlights that affel aik h 4 1110 11 arr davi d 4 CI k mini tim U S 0 if kefry 1 11 ar 1 4 I 1 nicil 1 1 1 I 1 I 1 arob rob ionia inseparable lal ask ahk tiny imy recognized basins bu sins ob Ai serer tr when tile depress toil will bo b evoi ife hf bollot avont bu be ablo a blo to alya you yott ll 11 ill aalt there li ba it 11 rood good ella tive that lie im will any when ilig steel united states steel coin pany noo its preferred lend ilig K steel ims has been bellwether of at industry every since its ita creAt creati in 1801 1901 its operations rio aro r down nil all other alo down tta its are ni ill till nil other major ore ra usually well in every bual cwi iwi lit 44 activity index steel opera i tire ore given more any ally other Ind vator i stevis r preferred dividend la is it it t regularly year after with few 1 1 A 3 until stopped sapped in dirst avelina was a 4 cut toi to 1290 th att ctt tin 1 I wm dropped dropp ca 1 i and ill la Is now low h big steel renamed its ita derio yet ina for afek arcol froth frodi till nil is 1 q with th the industry lu in tho the lad i to general virves koon keen stcl student is 1 at bout GO 60 per cent 0 tile roul rl ill copa vity black figures bio taking tile ot of r 10 dip eket r recently to a siad sly 0 we deex for its collar wor kok J 1 1 restoring the ten acu por per cent paylo hayri 1 athey alicy lul it Is a steel to restore pay to fai nier levels booro resuming autv all 11 t dolls a that Is H tile tho lost business bust nesa the wok wiek out nt other rood good 4 not locking Inc kinH aa 10 tho 1931 1934 earnings reports drifts in it la Is evident eliat a number of 0 lindor tant con beens ito aln illig tho the easter profeta hieatt inal ro amont was is lit in the earp lugg 1 owa as j OIL hope and a nd tole gramit grapit chasa tp 1 peake nud nika ohio balu oad 3 a penney i olivy I 1 bof the I 1 ewt lai ry burd coat lita onu tox oi tiles two basic baale heavy which wera hit especially hard by depression seem beem to le be on olt the mend the business busin tsa snap map looks very different toly today than ft did men even two or three months ago the tha number of 0 stata s where business li Is not lot as aa good as aa a year ago has dwindled only texas Allt baina utah new york vermont arid new jersey fall into this classification california oklahoma maryland connecticut and new hampshire I 1 bow little or no change all the rest of the states are tu in a better position so bo in uch for the credit lda aldo of the alio ledger on the debit side la Is the unchallenged fact that unemployment la Is approximately as great as it wits was a year ago according to sonio borne it is id greater while twenty odd million people still depend on relief for subsistence it lc Is likely however ho that a dent will be made in these figurel cs cis the tha gait gain in heavy to la reflected in the employment also on the debit side bide is uncertainty as ae to the trend of national legislation businesses ond and hinves tors fear iowa that would take potential profit out of private orilla endeavors ors proof of this attitude la Is found in tho the recent heavy rise in the ho prices of oc good municipal bonds people oro are anxious to put savings into tax free government securities cur curi ties ittes rather thun than private ties tied whose worth may bo be depreciated by governmental action it la in a safe bet that many hearts will be boat it easier next summer when congress adjourns that act alone will kho a 11 spur pur to recovery alio the administration Is pre pair ing to pay more public attention to what business wants writes aa IV phelps elps washington correu of alitt new deal beitl wall journal whether this ievans that business will pet get what I 1 it asks tor for depends on how far it af tempts to go but administration I 1 experience with 50 lending leading business 1 men on oil the business and advisory planning council over tho the last year lias its encouraged it to turn its oiled publicity spotlight on business mens with the I 1 d W that thano can call bo be followed often enough to scotch the idea that tiro the administration la Is anu anti bus luem that comilia from so cou conserva serva W alm 0 o newspaper noM paper na as tile the journal To la is highly it chivi b become of bf lalo laie that tho does doea not want to bo be classified cassi fied na as radical that it ly Is planning to eliminate some of its left wingers in favor of right wingers tho the administration has lately even eren gone so far as to halil out olle the palm of peace to the lu to ra pingo SIW I 1 economic hi highlights gh ai ahl t a continued from froin paso page one austry which it has attacked most lit in tho the past electric utilities plans are now on oil foot which if completed will lend lead to rate rata reductions on oil tho the part of load lead I 1 ins ing private ate utilities a letup let up in ili thel government elec elc development campaign if tho the administration actually takes serious notice of the opinions of business men tho the inevitable result I 1 will bo be nn nil increase anem aso in confidence on oil the part of those who have money to spend for developing industry find and employing labor it Is no secret that the administrations more or less left wing recovery pro 1 pram grain has failed to do what its sponsors hoped perhaps the president has haq decided that another and different tack must be tried now |