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Show BUSINESS OF NATION IN PECULIAR POCKET DESPITE 8HOWINQ OF PROSPERITY, PROSPER-ITY, INDU8TRY 18 IN A SOME-WHAT SOME-WHAT PECULIAR STATE. Crusades and Campaigns and Condition Condi-tion of Foreign Exchange Unsettles Affairs, According to Report of Conditions In West. Chicago. Tho general yoIuiiio ot business In Jho middle west continues ut u high level and building operations opera-tions and other activities wilt be sufficient suf-ficient to sustain the raovomont for the Immediate future, according to n report of business conditions In the Seventh Federal Ileservo district mado public Jan'unryB5;ff,c---s,.Nvv The report stntos, however, tlint, desplto this general show of prosperity, prosper-ity, business Is In a "peculiar pocket." "On one side," It say, "thero nre forays against high prices: Society women engineering film propaganda and qunsl-boycotts against this or that commodity at the prevailing price, or else pledging themselves to refrain from buying until concessions are made. On thu other side thero Is tho obstinate fact that demand for commodities com-modities outruns iiuy possibility of providing supply that production Is low lu volume becnusu of labor troubles nnd because raw materials are available In quantities much bo-low bo-low necessary requirements. These factors, combined with a cur shortage, motive power famine, Inadequate transportation facilities and strike rumors, ru-mors, constitute 11 total of risk elements ele-ments against which the average busl. uess man dreads to pit his capital." Crowding all of thu difficulties, snys tho report, Is the foreign exchange situation, sit-uation, which Is declared to bu tho most unfavorable In Its bearings on American business hopes. Tho wish Is father to the thought, apparently, when It Is asserted that prices are on the point of breaking, It Is declared. Investigation has failed to show that occasional announcements announce-ments of cuts In prices wcr representative represen-tative of tho general market. Agricultural conditions In all parts of thu Seventh Federnl Ileserve district dis-trict wero reported to lo fnvorublo. Tho ncreiigo of fall crops In Iowa, however, was reported considerably smaller than that of a year ago, but crops "have gono Into winter In good condition, with 11 good snow covering protecting tbein." |
