Hope engendered by the Moratorium and the Moratorium Market on world ex changes failed to find reflection in important business indicators up to last week. Important straws showed that Depression's ill-winds were not yet blown out.
National Automobile Chamber of Commerce estimated June production at 254,000 units, a drop of 27% from June last year. Output for the first six months is set at 1,632,000, or 29% below last year. General Motors Corp. last week reported June sales to U. S. consumers were 103,303 against 97,318 in June last year, marking the first month to...
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