Washington, May 19.
Business inthe United States should recover from its present depression in about 90 days, in the opinion of Mr, Robert P. Lamont, Secretary of Commerce.
Mr. Lamont said to-day that he of based this estimate on present conditions as compared with those fat the time of recovery from the 1921 depression. The present level was six points below normal, as compared with 22 points below in 1021.
Building contracts in April were the greatest since last August, the Secretary said. Public works were the increase—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.
