Show 1925 BUSINESS GREATEST EVER Manufacturing and Min Mm- Mining ing big Production Shows Increase WASHINGTON July BY U-BY 2 ByTh The Associated Press Industrial Press and commercial activity In the United States during the calendar r rear ear 1925 reached the th highest lv- lv cia ever attained In our history not even excepting the years year eara of or abnor abnor- abnormal abnormal abnormal mal war activity says BayS tho the corn com mere corn mere merce department year book Nevertheless apart from heavy henvy speculation In itt the th securities mar mar- market market market ket ket a n summary of the th book de- de declares de declares clares dares the th year ear was waa not one on of credit Inflation or boom psycholOgy oey Ogy MORE EFFICIENCY The Th great creat expansion when con con- considering con aldering the Industrial and commer commer- commercial commercial commercial cial business as I a whole was wa de- de described de described scribed as having represented the continuance of nf conditions condition scarcely Interrupted since the th middle of 1922 and the reason gIven was the Increasing efficiency of In- In Industry industry In-duttry In and commerce DIscussing agriculture sericulture t the Ih e book declares that while some br h cs ch ch- ch es ci have not yet et recovered from the Injury wrought from the tho th great In prices of or farm products tn In 1320 1920 and 1921 lil the tho situation In general during the th past two years has been more satisfactory than before and on the who the theer er ear 1925 witnessed some Improve Improve- Improvement improvement Improvement ment as compared with 1924 ESS STEADY Tr Particularly characteristic of 1925 business the th book asserts was Its steadiness throughout the year Discussing manufacturing and mining It says ays Tho The small loss lossin lossin In round ground caused by a a temporary recession In 11 the tho summer 0 of 1924 was wall mc-e mc than recovered ered last year ear wh when n manufacturing Increased In volume 10 1014 per cent fOnt and minIng production Increased 5 S per cent over the preceding year ur nn nfl I |