Business & Finance: Current Situation: Oct. 1, 1923

As the Fall season develops, there is evidence that the declining stock market last Spring forecast general conditions in trade with some accuracy. A more conservative attitude prevails in mercantile circles; some disappointment is being expressed by previous optimists concerning the Autumn outlook.

As far as the merchant is concerned, conditions are in general quite satisfactory without being wildly exciting. A rapidly developing complaint by the public against higher prices for merchandise may, however, reduce consumption this Fall, if merchants press their present advantageous position too far.

Irregularities continue to feature the...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!