Business: Current Situation: Mar. 10, 1924

The past week was accompanied by rumblings and uncertainty in both Congress and the stock market, and by an unusually large number of annual corporation statements covering the year 1923. Yet, even in the latter, it is difficult to detect any real consistency. While Studebaker and American Locomotive show unusual if not record prosperity, it has been very lugubrious news that has come from Central Leather and Kelly-Springfield. Business is undeniably spotty; very prosperous in some directions, quite the reverse in others. Moreover, in many industries, notably the coppers, it all depends...

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