Business & Finance: Current Outlook

While production is marking time, belief grows that the safest clue as to future business conditions is to be found in the money market. January is usually a month of "easier money" and this year proves no exception. Funds released from the heavy borrowings for the holiday trade and year- end settlements are seeking investment. Money rates have been somewhat weak and symptoms of a rise in bond prices —a good sign of lowering interest rates —have been apparent. Still the stream of gold imports flows...

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