Monday, Oct. 06, 1924
Doldrums
With the climax of the Presidential campaign only a few weeks off,business is in general hesitating, to get a new and correct point of departure. Thus far, in fact, the early fall has furnished a period of doldrums, after an unusually active summer.
Outcome of the current crops is still undetermined, yet the probable result has been evidently forecast with considerable accuracy, except perhaps in corn and cotton. Industry is showing a seasonal increase of operations, with no particular snap or zest, except in a few departments. Money remains a drug on the market, and banks complain of poor profits caused by the low interest rates.