Monday, Sep. 10, 1923

The Current Situation

After a Summer as dull as most and more uncertain than many, relief was generally expressed at the quickening impetus given to trade by the Fall season. While it is still early for the Autumn business to be reflected in retail trade, the wholesalers are already experiencing more inquiries and sales. Our foreign trade statements show an improvement in export and large imports of raw materials for manufacturing. Prospects for heavier exports are not particularly bright, however, until the European tangle begins to be unravelled. Still, a highly satisfactory domestic business is almost everywhere anticipated for the Fall, and the record movement of freight still continues.