Show BUSINESS ACTIVITY NEARS PEAK REPORTS SAY just exactly where bu business iness activity stands in coTi parison with 1929 is a matter of debate there are many indices and many ar arguments gu jare as to their meaning but the reader of the san juan record may be interested in figures kept by the new york times thries the year 19 1936 1916 16 ended with its index of business activity hovering around after a steady arpe upward from the low of about 90 which occurred in in march the figure is considerably above the depression low of approximately 64 in march 1933 just above the estimated normal of and bears comparison with the peak for the prosperity year of 1929 when the index stood at 1147 readers should hoi ild understand that this figure is based on business activity and that it does not pretend to be an index showing the condition of the nation other factors enter into any picture ot of the economic conditions but bt it is encouraging to observe t the reported improvement in business busine mess s activity |