Ogden Daily Standard | 1914-11-28 | Page 4 | Return of the Tide in Business

RETURN OF THE TIDE IN BUSINESS. j Low ebb in business was reached a month ago That is the opinion of The Standard, which Is borne out ty the business reports of Dun's Re- I view and Bradstreet's. Dun's Review for this week makes this statement: "Domestic business continues subnormal sub-normal in volume, but there are many signs of quickening activity due to j the confidence inspired by recent im-pcrtant im-pcrtant financial developments Colder Cold-er weather is helping1 retail distribution distribu-tion and there Is some improvement In the wholesale jobbing trade, while collections are reported aa easier. Ad j vices from most of the important l commercial centers indicate a trend i toward better conditions Bank clear-I clear-I ings and railroad gross earnings, however, how-ever, still show heavy decreases as compared with last year, the reduction reduc-tion in the latter in the first two weeks of November amounting to 12.1 per cent. In the iron and steel trade, while the output remains much below be-low capacity, there is, nevertheless, evidence of an improving domestic demand in addition to larger foreign orders. Rapid progress is being made' in the restoration of export trade." War orders are beginning to stir up many lines of business and the restoration of the export trade ib reopening re-opening many mills. Soon the effects of the regional banks will be felt and by spring this country should be in a fairly prosperous prosper-ous condition.