OCR Text |
Show clearly defined. The passing of the congressional and state elections removes one important uncertainty, but not enough time has elapsed j in which to form a complete judgment as to the ultimate effect upon trade interests. Physical conditions which make for continued national na-tional prosperity are all that could be desired. What is holding; back the full measure of business activity and profit that is desired arc per- plexities of man's own making which spring- out of the conflicting interests in-terests of competing classes. It is the hope of rapidly getting rid of most of these anxieties that is the basis of the recently developed optimism. There is, however, how-ever, no vital change in actual conditions. BUSINESS OUTLOOK DOUBTFUL. R. G. Dun & Co.'s weekly review of trade says: In its bearing upon the future buying power of the country the most important development of the week is the official confirmation of the harvesting of the biggest corn crop on record, considerably over three billion bushels. The government report of cotton ginned is also helpful, indicating a crop well in excess of last year. The business busi-ness outlook, however, is doubtful, and under conservative control, with the volume of transactions considerably below full capacity. The financial situation continues to maintain an ascendancy over the commercial and while there is no substantial recession of the more hopeful scrMment recently established, financial conditions are not |