Show MOODYS MOODY'S Moody Weekly Review of Financial Conditions In n its current Issue Isue saya aay 11 in part t l Many ny evidence of or a e. shakeout shakeout shake- shake out but bt none of a n genuine bear movement move move- ment mont are revealed by a study of the statistical position of the market Bank Bak loans are sound Bund Interest rates are re re moderate and ad capital capital supplies are ample The he January trade trae barometer ape figure went enough nouh above those of and end 1923 1123 to denote expansion but not enough to denote the slightest Ints- Ints tion ton Pig iron prices price have thus thU far far advanced advanced ad ad- ance less lel than the minimum for major bull huH movements movement Dividends Dividend have In Increased In- In creased but not extravagantly Costa Cost of production are lower lowerS as as compared compared with finished goods prices prices than they were two months ago Inventories are arent not nt Inflated Commercial paper may continue ris rising ing lug a little but call coll cal money money- Is almost certain to show a 0 downward do trend for two or three months month T Time me money mony may sympathize with commercial paper but term short loans and ana and acceptances acceptance should go rather with Ith call caU money The Northwest Is In a 0 sound trade condition The Tho farm prosperity of ot 1924 1524 will be bo felt In trade mostly this thie year wi Revenues and are habitually seven to twelve months late in re responding respond respond- pond pond- ing ven to trade trae changes change and und they l g are now flow responding to the IOU trade ar Soon o however e they should d feel f the effect of the already a yeya a actual 1925 trade expansion In that section |