Business: Current Situation: Dec. 21, 1925

General business continues on its even keel. Stability appears to increase and the weaker departments of trade improve, while the stronger refuse to develop boom conditions. Secretary Mellon's cheerful and optimistic report (see NATIONAL AFFAIRS) no doubt expresses the sentiments of the average U. S. business executive.

In, a few weeks, however, predictions for 1926 will be in order, and it is likely that in some respects they will not be entirely bland and serene. Probably the greatest question for the coming year in domestic commerce is whether the existing volume of building...

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