No new trend in the Nation's business appeared during the past week. Money, after the first of the year strain, became noticeably easier.
Gilt edged bonds continued dull with a falling tendency, while stocks continued their rise, although more moderately than in recent weeks. The industrial situation continued to improve. Slightly firmer commodity prices were permitting inventories to be marked at satisfactory figures, while production in iron and steel, as well as in other basic industries, continued to advance.
Perhaps the crux to future conditions in both our financial and commercial markets at present...
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