Evening Star Newspaper, September 26, 1925, Page 21

REAL MARKED INCREASES IN BUSINESS SEEN DURING PAST EIGHT MONTHS Babson Also Predicts Healthy and Stabilized Condi- tions Ahead—Great Pr Are Considered Unlikely. BY ROGER W. BABSON. Sep- t the g the war in- on in a natural readjustment follow flation has been going fashion. Taking the ten leading barometers business and comparing the eight menths of 1925 with the correspond- | Ing eight months of 1924, we find an| increase of over 12 per cent In bank clearings; an increase of 16 per cent iy pig iron production; an increase of | per cent in new corporations; an intrease of 12 per cent in new build ing; an increase of 6 per cent in freight car loading; an increase of 9 per cent in commodity pric crease of 12 per cent in fmports | increase of 14 per cent in expor an increase of 27 per cent in new capital raised, and a decrease in failur | Surely this i mnd should compl close mouths of pessimisis who are howling about business conditions at the pr i | | | the | ent time. Ggeat Economic Changes. It is true tha when people v thing for true that merct volume and brains and t &nd cannot e s was the manufacture: | that we are reaching a period where fculty in mak- | a living. The volume of business today is greater than ever befor certainly statistics show that 1 going to be a fairly good v those who are willing to work and r a dollar's worth of materials or for every dollar received. Variations in Prosperity. It is dangerous to make one rule to apply to all commodities and all locations. For instance, I would not advise one to buy ahead certain com- modities, such as rubber, hogs and rosin. These products are all selling very much higher than production | costs, and if history repeats itself they will be lower before very. lon On the other hand, certain other prod- ucts, such as bituminous coal, alcohol, Imather and potatoes are selling too . These are all commodities which @re entitled to advance in price. The same difference seems to apply ihdustries. Shipbuilding, sugar re- ning, some branches of the clothing | industry and meat packing all seem ‘to be relatively quiet in trend. The manufacturers of cotton and woolen Boods, boots and shoes, and the like show the effects of hard times, though recent tendencies are more encourag- ing. These industries have much to contend with and may show a decline for the year. On the other hand, the irom and steel industry is picking up; the agricultural implement business and the fertilizer business are rapidly recovering. The hoslery and knit Eoods manufacturers are doing better, while the people are clamoring for rayon so that manufacturers of rayon products cannot supply the demand. Times Poor in Sections. When it comes to a discussion of the different localities we find that certain sections, such as the coal di: tricts, are suffering with the present conditions of the coal trade. Mines shut down, operatives are out of This and other brand-new homes in our new sub- division, at Wynnewood Park (Old Noyes Estate), 3 await your inspection. | Most Desirable Offices ESTATE. ofits or Violent Losses work and the retail trade is very bad. In certain sections of the South crop ; values are low compared with the a ment., There is also another agricul- tural section which, when contrasted with a year ago, may be due for a disappointment, namely, a strip start- ing in the north from Minnesota and running down through the Dakotas, Knnsas, Nebraska and Texas. In ce tain sections of these States crop val- ues will be poor compared with last year and retail trade wlill correspond- ingly suffer. On the other hand, Tennessee, Mis- sissippi, Louisiana and Arkansas may have one of the finest crop situations in their history; while the Pacific northwest should prosper_exceedingly. | Most of the Central West States: should do better than last year, and| the entire country show an improve- | Plenty of Money Available. Although money may be a little} firmer during the next few months, | there should be sufficlent funds for all legitimate enterprises. This means that there should still be k Most stocks, however, high and 1 expe‘t to see | It s also possible that | difficulties | g but this 10t be foretold with cel ;. We however, that both wa k- | s will be wise enough 2 suspension of work is al to all concerned, and will - reduce the income of both. A study of the situation suggests there will not be the violent booms and depressions that we have had in the past 40 years. Of course, if some- thin~ unforeseen. like the great war. 923 15th STREET N.W. On Washington's “Wall Street” New and Strictly Modern Building Bright Offices—facing park MADDUX, MARSHALL, MOSS & MALLORY, INC. PROPERTY First Commercial New York Ave, close prox- imity to New Jersey Ave. Very substantial three-story brick; hot-water heat. Could be economically remodeled. $15,000 Thomas J. Fisher and Co., Inc. 738 15th St. N.W. Picture one of these wonderful homes set in a park of the finest shrubbery and old rare trees with wonewoon “ommodious Porches et PARK :‘“-./’ S R0CK CREEK PARK exoamve Invest Only in Greater THOS. E. Real Open Fireplaces Built-in Garages Near Schools and Churches Hot-Water Heat Large, Beautiful Rooms Breakfast Nooks Access to Country Clubs Drive out to our office on the property via 16th street, - through Silver § Spring to Burnt Mills Road at Sligo, which leads directly to property. Washington Real Estate JARRELL Realtor Washington Savin, = Main Deal With gs Bank Building 766 a Regltor THE EVENING STAR, WASHINGTON, D. happens, these violent fluctuations will take -place; but otherwise we should keep more normal. There are various reasons for this. The. first is that the Federal Reserve Board has the financial situation well in hand and its first job is to steady the boat and not let it tip too much one side or the other. The second reason is that prosperity areas are made up of two factors, namely, the product of price and pro- duction. Economists seem to have agreed that during the next few years as production increases the price will decrease, and as the price increases production will decrease, thus keeping the product of price and production | erage and cotton will be a mmmomt-ifalrly constant. The hand-to-mouth buying, which has become so popular with mer- chants, although dangerous, may also tend to stabilize conditions. This is because hand-to-mouth buying means less chance of overproduction, busi- ness being taken on an order basis. Alttough T do not approve of the growth uf the installment business, yet this also may have the tendency of spreading purchasing over a long period and thus Iron out the peaks and valleys of the sales curve of many manufacturers and merchants. The spirit of co-operation between manufacturer and merchant, the de- velopment of the chain store, and many similar factors are all tending to make business less speculative and o, more stable. A spirit of ‘live and let live’ is developing, and this is dis- tinctly a healthy sign. The general improvement in busi- ness is well shown by the ehart, which registered 9 per cent below nor: mal a year ago this time, and reached the low point of this year in May, reg- istering 2 per cent below “normal. These figures compare with 11 per cent abgve normal at the present time. (Copyrisht. 1925.) S The so-called Sheffield plate, an imi- tation of silver made by pressing or “sweating” a thin skin of silver onto copper, was first made in England in the reign of George III. If you believe in the United States—you believe in Washington Two of the Smartest New Brick Homes in Chevy Chase, D. C. Initial Showing Sunday -'3909 Jocelyn St. ’ hevy Chaéé, D ot C. 21 Blocks West of Connecticut Ave. Center Hall Detached Colonial Brick Houses, splendidly constructed @nd ideally arranged and equipped; having 9 commodious rooms on 3 floors, 3 baths; finest clear oak floors, large open fireplaces, large double concrete liv- ing porch, spacious closets, servants’ quarters—in fact, every appointment and convenience to be desired, including built-in garage, and large storage room. The lots are 70x205 feet each, adjoining properties that are beautifully landscaped, and the location, close to the highest point in the Districit, is un- surpassed in fashionable Chevy Chase. 813 15th St. N.W. Open all day Sunday AND S INC. Main 2690 OPPORTUNITY Is Presented to Purchase One of Our Kansas Avenue Homes Overlooking Beautiful Sherman Circle 25 Built A Shapiro-Katz Home is a Fair Price Good Terms These homes are 20 feet wide and 32 feet deep, with double 10-ft. rear porche 11 Sold Guarantee in Itself TION, REFIN Sample House 4819 Kansas Ave. N.W. Open Daily and Sunday Until 9 P.M. TO INSPECT Drive out Georgia Ave. to Decatur St., then east 3 blocks to Sample House. They are carefully planned and built of the finest material obtainable. Large, well proportioned rooms, a kitchen that will delight any woman, tile bath with built-in tub and shower, pedestal stand, ample closet space, floor plugs in all rooms, coat closet downstairs, side lighting fixtures, hot- water heat, electric lights, Pittsbirg instantaneous water heater. To describe every outstanding feature is impossible. Come and see for yourself. This location is enhancing in value every day SHAPIRO-KATZ COMPANY REALTORS—BUILDERS Deal With a Realtor SATURDAY, SEPTEMBER 26, 1925. R L L L R SRR AL SRR LR RS 7 Y LR REAL ESTATE. 21 A REAL HOME—A REAL VALUE A Corner Home Directly Opposite Chevy Chase Club 2QuincySt., . ChevyCfiase,M A wonderful, new, Spanish residence, on a beautiful corner lot, 165x125, with fine trees and shrubbery and spacious lawns. The home contains 14 large rooms, porches of unusual size, and 4 baths. Garage for two cars is located at end of lot. First Floor—Reception hall, living room, solarium, dining room, breskfast porch, lavatory, butler's pantry and kitchen. This modern kitchen contains a Hoover Cabinet, electric refrigerator, incinerator, electric dish-washing machine, and an immense ventilating fan. All rooms are exceptionally large and have beautifully tinted walls. Second Floor—Five spacious sleeping rooms, sleeping porch and two baths. Separate shower and tub in each. Third Floor—Servant’s bedroom, complete bath and two storage rooms. The house is screened throughout. Basement—Completely plastered nndfl finished with th ree rooms and bath. > ’ A rare opportunity for you to acquire one of the finest homes in this exclusive section at a sacrifice Open for Your Inspection Sunday from 11 AM. to 9 P.M. L€ Breunancer & Soxs REALTORS EXCLUSIVE AGENTS Main 6140 L L L R L L L Y LR L LR LR 706 Colorado Bldg. 1] mw_fikfifliflflfi‘ififififikfifi Chevy Two Superb Creations Corner of | Meadow | Lane and Virgilia Sireet A TRULY mas tile shower k oor Moderately Priced Excellent 3617 Quesada Street N incompara- ble _locatios hal a { floors, Jumerous other foatures make it A Real Bargain ‘Convenient Terms 1417 K Street Main 9300 We Sincerely ¢ Recommend These Homes “Deal With A Realtor”’ | For Your Inspection