Business & Finance: Current Situation: Jul. 7, 1924

The arrival of the seasonal Summer dullness in trade, superimposed upon a period of trade and manufacturing depression, has resulted in dull and inert commercial conditions. The political Conventions have meanwhile served to distract attention from business affairs, and with the prospect of unsettled conditions in politics for the next four months, there is a tendency toward watchful waiting all along the line from producer to consumer. Wall Street, however, after several months of an uninteresting experience with meaninglessly see-sawing prices, is now getting the old-fashioned thrill that only a sudden...

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