Business: Current Situation: Aug. 10, 1925

Midsummer dullness is falling on the markets, and a stability based upon considerable steady activity now reigns in most departments of business. Leading business men, after spending July looking in the financial heavens for signs and portents but detecting nothing particular, are now resigning themselves to brief vacations.

It is the consensus of opinion that the stockmarket should give the first warning signal of coming deflation, and that the key to the stockmarket lies in the money market. But the money situation is still unique in U. S. history; its unused resources...

Want the full story?

Subscribe Now

Subscribe
Subscribe

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 TIME.com

Learn more about the benefits of being a TIME subscriber

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