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Business Outlook Improves Amid Rail and Farm Rebound
The current business conditions show gains in many sectors as railroads boost buying and farm prices rise. Iron and steel run at about 80 percent capacity while pig iron declines. textile sectors improve with higher raw materials mainly due to farm price strength. Corn and wheat supply and prices stay strong, though grain movement faces railcar congestion and elevated costs. Railroad stocks fall amid Esch-Cummins debate, but funding needs require stable investment and fair returns to sustain expansion.
MENTIONED IN THIS ARTICLE
Europe
Department of Agriculture
Chicago
Western Railroad
France
Germany
Italy
J. E. Hay
Kansas
Seaboard
Northwestern
Minneapolis
United States
Liverpool
Inter-State Commission