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Inflation and labor unrest mark turbulent outlooks
New York observers foresee inflation as grain and manufactured goods prices fall while demand from grain producers rises. Strikes persist amid union tensions, government mediation shifts codes, and hog losses total about 22 million dollars net to the government. Wall Street notes two healthy signs: money supply and loan growth, with cautious optimism for a gradual recovery barring radical inflation.
MENTIONED IN THIS ARTICLE
Leslie Eichel
New York
Wall Street
Hise