Business: Current Situation: Feb. 22, 1926

The country seemed to go quietly about its business. Optimists did not find it necessary to yodel glad tidings from the housetops nor yet to whistle in the dark. No "boom" was on, but pessimism was conspicuously dormant. The measure of distribution—car loadings— stayed high. The measures of demand and production—shipments and orders—were in good volume. The measures of volume-and-price —bank clearings—kept their level. Through the lens that is Wall Street, quickened activity could be observed in several industries that have drowsed of late—notably oil, copper, sugar, textiles.

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