Show STATUS OF depression general trade conditions are still at a depressed ratio of 0 course not ever tyone takes into that 19 1929 2 9 was a year of great actie htyan activity so that when a lessening of 0 the of trade be gan it was noticed more june was less than it usually Is and was less active says the federal reserve dis brict than at any time this year the most drastic commodity price declines since 1921 were recorded in that month and resulted in less sat is factory markets tor for many of the district s products the low prices were accompanied by a curtailment of industrial production and aid the ab sence of any appreciable recovery in trade A general survey of agricultural developments during june furnished evidence that the total volume of farm production will at least be equal to that of last year livestock are in good physical con but prices low industrial production at its lowest level in june with many men laid oft off automobile sales revealed little or no recovery recover from the low levels of may banks have made reductions in loans on securities the credit ex tended to member banks by the fed eral exal reserve system this june and july has remained unusually small this Is usually the time of year when much Is borrowe borrowed d by country banks to carry their depositors over until selling time in the fall consumers of beet beef in chicago were pleased to see the price come down though that of course makes sell ing price of beet beef with us who raise it less all prices will take a tumble in this lump slump and next wages will go down in proportion the federal farm board has call ed tor for representatives ol 01 seventeen sugar beet states to met at greeley colorado august 2nd to dev develops eloPe a national marketing program tor for their product sugar beets are grown in califor nia colorado idaho indiana low kansas michigan minnesota mon tana nebraska new mexico ohio so dakota washington Wis consi const and wyoming the federal farm board says for the most part farmers in the past have been content to produce the limit and let some one else do the marketing they have contin aed to arrow and sell blindly with out regard to what their neighbors were doing with the result that agri culture has not kept pace financially with other industries which have become highly organized the farm board was organized to correct this disparity the farm board Is trying to get the farmers or so that they may act er and control the production of their crops and the marketing market mark etrig ng of them when taught the board will with draw and leave the farmers in con cori arol of their own affairs |