Business: Current Situation: Aug. 27, 1923

The end of August has frequently in the past marked the dullest point in trade for the year. Last week proved no exception to the rule. In fact, it is generally agreed that business this August has been slow to feel the inevitable preparations for the Autumn's trade. Thus far inquiries rather than advance purchases have been received from buyers, and conjecture is widespread concerning the mercantile and industrial future.

One cheering note has been the distinct rally in the stock market, although this has been primarily due to the overextension of the "...

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