Stocks are holding their own as liquidation ebbs. The rise in aircrafts discounts doubled earning power for the 1940 basis, as the orders on hand, to say nothing of contemplated Allied plane buying, are double the industry's present $700,000,000 backlog.
The volume of new orders in capital and consumer goods and in the retail and wholesale trade are up 30 per cent. since the year-end, and, together with foreign buying, could nullify fears of a possible depression.
The January let-down in productive capacity is less than forecast, 4 8
Text read from the printed page and cleaned; old type leaves the occasional error.