Show 1 NATIONAL CITY BIN butk K SAI S curtailment has appears in coal aning mining and the lighter industries many automobile manufacturers have driven their plants during ap ril to practical capacity the estl esti i mated output ot of ca cars rs and trucks Is the highest in four years the steel mills have a heavy back log of unfilled orders taken as a whole industrial operations have in created signifying increased employ ment and natural y generates optic ism IBM on the other band what the tar far mer purchase oes Is rising rapidly all gains in prices toi industries fall up on the farmer in proportion to his purchases when he buys ard wid as yet his chops have not come in at an in creased price fa farmers mers planting intentions indi cate a reduction of about 10 per cent in corn acreage cattle prices have risen hog prices on the other hand have declined cost increases have made added difficulties for the farm program wages have hane increased in indus tries no revis clon doy downward anward of freight rates seem to be in order As the american fed federation ration of labor gave the notice that it will demand rises ilses in wages to campen pate aate for any deflation in the value of the money labor Is paid in the thought of inflation has taken a back seat investors are heartened by ev ery indication of intention to main tain the value dollar furthermore the fact that gov eminent expenditures are running below estimates is reassuring regulations ions impose a more economical administration of relief work this tends to uphold confidence in gov eminent finances these gains have created a better business feeling the psychological improvement will carry trade tor for ward and put bank c edit to it the essentials of free exchange of goods are restored government deficit is 1 still 1 birger arger than last and is 1 now the larg est even in our history for any peace time year |