Saloniki-Greek Press -- January 01, 1931Business Looms for Early Upturn
With reports from most centers indicating that the volume of Christmas business was of fair proportions and up to expectations, interest has now been focussed upon prospects for the new year, particularly on what the trend will be immediately after January 1st.
The usual Holiday quiet has been accentuated in some sections by a broader curtailment of industrial operations than is customary at this time, but there is a widespread impression that many enterprises are preparing to follow up the present pause with a sharp expansion of activity. It is rather plainly indicated that the steel industry, to cite only the most conspicuous of the industries which have restricted operations beyond the usual scope at the end of the year, will be obliged to step up its operations rather sharply, even on the basis of such increase in specification for January shipment as has already materialized. As a matter of fact, most steel producers are quite optimistic in their guarded comments on the current trend.
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