Babson Links Auto Industry To Building Outlook
Babson argues the automobile and building industries are the era’s two key drivers, deeply linked in production and demand. He warns that a break in either could hurt Detroit and New York, notes Wall Street’s slump fears, and stresses general business conditions steer these industries more than presidents. He cites wage growth, borrowing capacity, and advertising’s role in fueling home and car purchases.
MENTIONED IN THIS ARTICLE
Babson Park
Fia
Roger W. Babson
Wall Street
Detroit
New York
White House
Tso
California Fig Syrup Ad Warns of Imitations
An old advertisement urges mothers to use California Fig Syrup to ease a child’s constipation. It claims a teaspoonful opens the bowels and may prevent illness tomorrow, warning to insist on the genuine product with printed directions for all ages to avoid fakes.
MENTIONED IN THIS ARTICLE
California
The Emotions Governing Business And Credit
The speaker argues money supply influences purchasing power and profits, noting tight money reduces demand while easy money boosts it. He highlights instalment sales, especially in autos, as a rising danger with little data on its full impact. Concluding, he urges attention to primal human instincts over charts, as emotions drive markets more than figures.
MENTIONED IN THIS ARTICLE
Tam
Babsonchart Signals Strong Business Conditions Ahead
The Babsonchart shows 1924 below normal by six percent, 1925 above normal by six percent, and current readings 13 percent above normal, suggesting improved business conditions, despite traditional indicators like bank clearings and railroad earnings being less definitive.
Also Mentioned on This Page
Babson
Hill
Portrai
CU Marthe
Crosley Radio
Enza
Corey Seti
Feslinga
United Dry Cleaning Co
Lodi Street
Casper Cash
Caree
Florist
Newell Hotel Bldg
Josie
Elyria
L. H. Wadsworth
Elyris Block
Broad Street
King Rolls
Karlsbad
A i. Erkeriges
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