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Show business to be better, is expert;s weik Crisis Passed nd Conditions to Improve From Now On, He Says SALE OF BONDS WILL GIVE THOUSANDS JOBS Pierce-Arrow Official Says Auto Buying Will Pick Up Soon BY VLBJBR1 UPPId Tli crisis of the business depression lhas been passed and conditions will I gradually improve from now on. This lis Iho opinion of a conservative expert Horace S. Wilkinson, head of the Crucible Steel Co. i Wilkinson shares the belief of the Heading manufaeturers and bankers, .that full-lime factory operation and heavy buying by consumers are waiting wait-ing only until prices reach bottom I "That time ls close at hand." says I Wilkinson. "The dollar soon again will buy 100 cents worth." I'll R-UP STARTS WHERl ' Probably in New York and New England districts, for price deflation is fastest there. Steel trade expects heavy buying to start within R0 days. Big business men think that when steel Industry revives re-vives it will touch a mutch to general business revival. Stock market apparently- Is near bottom. Present low levels are about the same as three yars ago w hen u two-years' upward movement set in. When market begins climbing healthily, healthi-ly, prosperity is not far off. Stocks anticipate depression, also booms. TREND 1 V, M.I S .New wage aerie -XrWttfiy md.-i. -! averages a cut of K per cent. Prices arc falling twice ns fast as wages. That appears to be a settled policy In the big offices. SPRING DRESSES I REAPER. The Associated Dress Industries ofl Anp-rica announce that prices of spring dresses will be lower. But skirts may soon' bo longer, to use up surplus cotton, silk and wool. Wool sales are heavier Carpet makers are the big buyers. But South; American wool heads the sales list. j III cotton, the bad news is all in, say I brokers Export havo been running half less than a year ago. Several largo textile makers this week cut cot-! ton goods another 20 to 50 per cent. MEAT BT4 '( ks u Meat and lard in cold storage Is less; than a two-weeks' supply, says Amerl-i iinouiip ui .ticii, lacK'Ts. .ueac !j wholesale is dropping to pre-war prices. Butter hoarders are caught, many 1 1 losing 10 cents a pound. "MADE IN GERM Y " Germany is recapturing Spanish markets from Fnglish and Amerlcms. She has taken away the big toy trade we built up in Chile- Brazil is canceling can-celing American orders right and left, 'Germany underselling us 60 per cent. Rehabilitation of Europe awaits definite def-inite fixing of amount of German Indemnity. In-demnity. That must be settled by May I, under peace treaty terms, to be pad In full In 30 years. Canadian dollar haa slumped to 86 cents In terms of American money. Canada hasn't dropped. I'nclo Sam's gone up. A financial panic is raging in Vienna. GOOD M B. About $500,000.000 worth of stato and county highway bonds have hn voted recently. As soon as the bonds are sold, work will begin, employing hundreds of thousands. Hard coal ls off $4 a ton in some cities. Caused by parlysl3 of export demand. Automobile buy ing is expected to pick Up after Tunuary and February auto shows, say Georg,. M. Graham, l'ierce-Arrow ofi'clal. Ford plant j probably resumes Feb. l Tiro production pro-duction now is onl" 20 per cent normal. |