Business: Current Situation: Aug. 24, 1925

In the commercial field, the most conspicuous developments of the past week were price-reductions in the closely related motor and gasoline industries. Businessmen were distracted, however, by the intense speculative operations in real estate and securities. In both cases, the cause seemed to be ample idle funds to play with rather than great increases in prospective earning power. What will happen next is anyone's guess.

Statisticians are declaring that the housing shortage is over, and numerous "To Rent" signs confirm their statements. Yet the astonishing construction boom continues. Likewise, old stockbrokers shake...

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