New York, Apr. 5.
Reports received to-day from various Federal Reserve Bank centres indicated that unemployment in the United States increased moderately during the past week.
The situation is known to be serious, and opponents of the Hoover Administration are endea~ vouring to capitalize it, but. exact statistics of the sort available in England and other European coun tries are not available General business, the reports indicate, shows an improvement during the past week. Among the businesses affected are building, 1 fotombile trade and general Sar Retail trade is suffering somewhat on account of the lateness of Easter this year, The continued advance of the stock market is rex garded, however, as an indication of yotumn of cheerfulness and cone fidence on the part of the general public.
Building and automobile produce tion mre regarded as among the most important indicators of the condition of the country and the increasing briskness in these re~ ied being aided et 'a hem exchanges of the country, following the thorough-going "finger-burning" which the general investing public suffered in the crash of some months ago, but there is an unmistakeable trend for the better—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.