OCR Text |
Show Business is Better The Research Department of Dun and Bradstreet, Inc., reports a better business prospect for thp American nation, saying: "All primary pri-mary indicators point definitely to the fact that, in distribution, prices, pric-es, wages, employment, and general activity, industry is on a higher level than at this time a year ago With gains cf the early months of 1934 extended and consolidated, and nation-wide progress will be possible. "On the breadth of the foundation founda-tion which has been laid during the past six months, the third quarter is being launched from a position of the greatest strnegth that has marked the beginning of any quarter quar-ter in the last five years. All of the seven primary factors established estab-lished an impressively favorable trend during the quarter just closed, clos-ed, as commercial failures declined almost uninterruptedly, commodity prices revealed sustained strength, whilo wage scales were definitely higher. Fluctuations in employment were attributed chiefly to the out break of strikes during this perioa, but an improvement was maintained. maintain-ed. "For indusrtial sales a further expansion was reported, and industrial indus-trial activity continued to gain. The broadened volume of bank clearings carried the aggregate for the second quarter to more than 70 billion dollars, making the largest larg-est three-month clearings total that has appeared on the records since the first quarter cf 1932." |