Monday, Sep. 03, 1923

Current Situation

The first stirrings of the coming Autumn trade have become perceptible; few price recessions have been experienced, and some prices have shown a tendency to rally under the increased demand. Production has not been particularly affected; it is in the field of distribution for goods already produced that greater activity has been noted. The Fall mercantile trade has quite favorable prospects. The purchasing power of the public is high. Merchants are infrequently overstocked. Credit is abundant.