Business & Finance: Current Situation: Sep. 17, 1923

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Unprecedentedly heavy car loadings together with the firming of security and commodity prices, have been the most recent indications of a prosperous Autumn trade now close at hand. The domestic situation has been sufficiently cheerful to counteract such pessimistic foreign news as the Japanese earthquake, the Italo-Greek imbroglio and the economic flounderings of the latest German Government. It is evident that the present momentum of the retail trade should carry well through the late Autumn, unless some unforeseen calamity or calamities develop. Pig production, however—a good index of general production—has fallen off, and the extractor and manufacturer is likely to view the future with more misgiving than the merchant and retailer.