Show nU SINESS EXPANDS business Du siness improved during the five weeks prece proceeding eding june according to news letter to the press from isaac D B newton chairman federal reserve tor for the twelfth district office atean francisco letter advises improvement pro was general including rise in n wage levels reduction of unemployment more sales both re talland wholesale for may seasonal increases in business was greater than in 1932 except for engineering construction credit conditions advanced favorably and demand for currency decreased it Is a good letter from the twelfth district and the entire country appears to show the same rapid progress out of the depths of the depression |