Show BUSINESS CONDITIONS GOOD GOODBy I I By Ira C. C Tichenor Tichenor- HOSE THOSE who might be inclined to discredit statements which frequently frer fre fre- fre- fre r f 1 have been made m-ade indicating the extent to which general genera trade is expanding and the solidity of the industrial and financial situation should acquaint themselves with current statistics concerning COn- COn bank clearings and business mortalities Both bank clearings and commercial failures Justly have hae been termed f trade barometers although their readings are reversed the high of the financial figures corresponding to the low of the trade mortalities f For some time these readings have indicated clearing business ckles f until now not a cloud is seen in any quarter In fact the figures are the most favorable ever known In the tho United States Slates bank clearings having in history while failures are fewer record reached f the highest the commercial Lilian than at any previous time in the history of the country k During the third week in the present month the largest bank clearings for any weekly period were reported the total at the leading cities In the UnIted United States amounting to the enormous sum of an increase of per cent over the corresponding week last year and per cent as compared with the same came week in 1917 The failures during the same week numbered only eighty eight against the preceding week and during the corr corresponding week last year fand and the smallest in number ever reported for a full week financial These record figures would be impossible were it not that the condition of the country is sound that industries are active and expanding and retail is wholesale business of gand nd that every description both participating part in the season of prosperity that was certain to follow the i signing of the terms of peace and the lifting of embargoes |