Abstract

Finance

C. D. M. | November 22, 1917 issue

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The article presents information on finance. Are trade activity and the "business boom" going on unchecked, or are we in the preliminary stages of trade reaction? This question comes repeatedly to the merchants and manufacturers of the West. Interest in it is increased by the fact that last month's bank clearings in the Middle West were larger by 16 per cent, than any ever before reported in October. What, one is asked, does this really mean? Until the Government intervened, business interests were fairly running wild as a result of the abnormal war demands, war prices and opportunities to "get rich quick." This has been checked and not only is it the disposition now to work with the Government and assist as much as possible in winning the war, but business is done on a sound basis.

See Also:

FINANCE; MERCHANTS; MANUFACTURES; PRICES; BUSINESS; ECONOMICS
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