The Archive · 1930

BUSINESS CONDITIONS

IN AMERICA

New York, Sept. 9

In the course of last week 336 business failures, wwer2 reported, U.S. production of motor cars Gisring" the month of August amounted to 249,0000 vehicles of all corresponding period in 1929.

The motor magnate, Henry Ford, prior to his departure for Europe, expressed the view that the depression could not continue beyond the end of Octsber. He be-Hieved in a definite ree: and not consider any reduction in sal fies necessary to bring about a return to the normal position.

Text read from the printed page and cleaned; old type leaves the occasional error.

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