Show A Dozen Signs of Confidence Confidences t R ROGER OGER W. W Yo BABSON told t a group of business busi- busi V ness an and 1 g government executives in Washington Washington Wash Yash ington the other night that the clouds of depression depression de dc- de- de definitely have broken and nd that no nc noman noman man man riot not even President Roosevelt Roseyelt can stop V the tide of re returning ur ing prosperity V 5 Based upon statistics gathered d by his widely wide ly known organization which specializes in marshaling business facts for f scientific analysis sis he listed an even eYen dozen very definite def i S Jn nite te indications of returning ing prosperity His Hh Hiss s s i 1 Bad business and financial situations are are constantly being cleaned up Private and andS S corporate debts are being rapidly reduced S 2 2 More money is available for expansion today than ever before in the history of this V S SS country S 3 3 Total inventories have steadily declined V. V during the past 12 months Any definite en encouragement en- en S S. S t would give recovery great imS im im- im- im petus S 4 4 An analysis of department store sales show the unit or quantity volume is increasing increasing ing more rapidly than the dollar volume 5 as asS S S 5 compared to a year ago S 5 5 In Iri October of this year 43 major comI com com- I I V. V panics ies declared dividends against back J 4 f pa S c compared with ith 18 such companies t. t V in m October 1933 i 4 6 Industrial power consumption is S ahead S of ofa a year ago while domestic consumption f I V is is-at is at the e highest figure ig of all time I 7 Failures continue at a very low fow ow level leveland I V and mortgage foreclosures are at the lowest level for years f 8 8 Collections arc are distinctly improving V fl o S Labor troubles trouble are dro dropping ping off 1 I 1 ly t- t V 10 Farmers' Farmers income for 1934 was O S as compared with in 1933 S T 11 u. Employment ploy ent a and d payroll totals t s ross rosa V J t W- W S I sharply in In November 12 All business charts and md indices show de definite upward trends Comment on these indicators seems to be who wholly superfluous The rhe most significant im- im to be found in them is that the they plainly plainy plain- plain ly Iv y reveal that the time for whole hearted cooperation co- co operation to achieve the greatest good good for the thc greatest number is here The machine has started momentum is being stored in the flywheel fly- fly wheel hecl and the nation should crack down on anyone who who- who tries tries to put on the brakes |