Business: Current Situation: Nov. 26, 1923

No new turn in general business affairs occurred during the week. Railway traffic continued to be unusually heavy, merchants reported large sales while their customers talked of " how high everything is"; the basic industries showed depression for the most part.

An added stimulus has been given to the construction industry, with a reappearance of a demand for higher wages. But even under slightly higher wage and material costs it is apparent that the " building boom " is going to continue well into 1924 and probably even longer. This will in turn...

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