State highway and bridge grading contracts awarded
Toledo contracts let for grading a state highway and two bridges. Klamath Falls approves a new 50 000 square foot capacity sawmill to be built by September 1. Pendleton issues building permits this month. Mt. Angel raises 125 000 for a public school building by popular subscription.
MENTIONED IN THIS ARTICLE
Toledo
Klamath Falls
Mt. Angel
Peak in Prices Reached Sees Market Curb Incoming
In the summer issue of Business Digest by the United States National Bank of Portland, the article argues that price peaks have likely been reached as basic commodities show surplus. It cites declines in pig iron copper wool and coal production, shrinking imports, and a $2.45 billion ten month trade balance favoring the U.S. while warning broader credit tightening and deflation may reshape wealth measurements and government debt reduction efforts.
MENTIONED IN THIS ARTICLE
United States National Bank of Portland
Federal Reserve Bank
Aulés
Central States
United States
Treasury
Period of gradual contraction seen in financial outlook
The brief summary notes money and credits will stay high and tight for a period. Risk areas include overextended credits with insufficient capital, but overall the outlook remains steady through the year with new projects anticipated.
Also Mentioned on This Page
Donald
Jack
Smita
Hallmark Jewelers
Hallmark
Hartman’s
Hartman Bros. Co
Salem
Oregon
Terabe Inet Ekeeyi
OL Weyman-Bruton Company
Pendleton
Portland Bank
Northwestern
Axtoria
Miller
Independence Garage
Wells
Universal Grind
Equipme Wood
Standard Oil Company
Standard Oil Compant
California
Ra Hay