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...markets have acted very well under advancing money rates. Yet evidence accumulates that a turn in the trade cycle is at hand. For the first time in nine months, wholesale commodity prices have shown a general tendency to recede. In the basic industries, production is high and, while consumption is apparently good, a tendency to create heavy stocks and inventories is undoubtedly present. Easy money, by promising the wherewithal to carry these, is a factor facilitating the creation of a top-heavy business situation...

Author: /time Magazine | Title: Business & Finance: Current Situation: Mar. 16, 1925 | 3/16/1925 | See Source »

...Delegation, headed by Representative Stephen G. Porter of Pennsylvania, was bound by a joint resolution of the U. S. Congress not to sign any agreement which did not plainly embody the above two basic principles of the International Opium Conference...

Author: /time Magazine | Title: THE LEAGUE OF NATIONS: More Poppy Talk | 2/16/1925 | See Source »

...Approved a joint resolution requesting the Interstate Commerce Commission to make an inquiry into freight rates with a view to adjusting them in such a manner as to relieve the basic industry of agriculture...

Author: /time Magazine | Title: CONGRESS: The Legislative Week Feb. 9, 1925 | 2/9/1925 | See Source »

...royal state in which he now lives has firmly impressed upon a large percentage of the Hungarian people that the cavalry Admiral Inquisitioner of the White Terror, the Protestant apostate (he embraced Roman Catholicism when he became Regent, ''not unmindful," say some, "of the Hungarian basic law" which, limits succession to the throne to Roman Catholics") is not only a traitor to his King, but a man deserving the utmost contempt from the country and the world at large...

Author: /time Magazine | Title: HUNGARY: Narrow | 2/9/1925 | See Source »

Rumors of a corner in grain abound, and high prices ma)' in some degree be due to an extended short interest. Yet the basic cause for soaring grain prices is the shortage of world wheat, due to crop failures abroad, and heavy consequent export buying. Foreigners have taken off the market of late about 10,000,000 bushels of Argentine and Australian wheat. Russia, formerly a grain exporter, is reported to have entered the market as a buyer of U. S., Canadian and Argentine Hour, and of about 10, 000,000 bushels of U. S. seed wheat. To date...

Author: /time Magazine | Title: Business & Finance: Wheat | 2/2/1925 | See Source »

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