Show EASTERN STATES STATES PROSPERITY BUOYS UP ENTIRE NATION L Oldest Manufacturing Section of United tates tates Leads in Experience Condition Now Above Normal and Employment Employment Employ- Employ ment Is in Good G od Shape I Special DABSON lARI PARK Fla ria leb Feb 6 6 Rog Roger r W Babson tody made pUblic the first section ot of hi his an- an annual annual an annual nual survey ot of business HIs us findings are lire unusually inter Inlet interesting I esting because th they y alo bused based on recent fIrst hand analysis plus the reports report ot of trained corl- corl con corn A summary of ot the tho first section of this Annual oun nine o 0 covering Now ow England New York anla New Jers Jersey y Dela Dela- Delaware ware stare Maryland Virginia lulo and West Virginia I li an as a follows LONG UnG cr 13 Although theo thelo northern 18 16 tat states lire are not the ext ext t 13 which made mado up the first Unit Unit- United United cd ed States of oC America a ia 8 s the st statistician et Ct the they the might be as S the I 13 3 original In- In IndustrIal industrial In Industrial stat states os 1 hey are aro oldest In business ss experience habits habit's and This Thia Is of o course a distinct asset aMet Other sections may e greater material wealth and larger Il populations but neer ne should other sections excel cactI these 13 In the wealth of ot exper- exper exper experience lenco sn and 1 judgment Such assets only time can develop A Al these theao states were the first to start starl they 1 a s can maintain their moad ead In these qualities It IC they h ha hue ii 0 the th ulli ill to do so When the real assets ot of these theo orth At- At Atlantic At Atlantic lantic States Slates I do not tie natural resources or Ith generally ed but rather emphasize those funda Lunda- fundamental mental qualities ot of o thrift and Judgment are fully Cully os as These qualities pro the capital which built the tha rail rall- railroads rail railroads roads rods to toward ard the Pacific d the cities of oC o the West cst and devel Ol developed the Iho fairns tal ms mines s ind md nd for for- for forests ests ets of oC o America L I JU I I Owing 0 Ing- Ing first to nater ator power jower and later Iter to coal Iron and nd na- na natural na natural tural lural resources these M stes tea are prImarily Industrial uI T ui ot of the merchandise manufactured iii the tho 48 g states otates Is mad mada madi In these 1 ew EnglAnd load lead in 11 shoes and nd New Nest e York Tork slate tate In machinery and clothing P vania 1 yenta vania In sled sted and Irons Iron the other oilier I It t s In lit other Tills fact C er m ke these sas cry ery I e to 10 general con con- conditions con conditions throughout th countr The They make mOl mote mole e money In good times than the agricultural states ot of the west est and south they I suffer sutter much more inure In bid bd times 0 Ing 10 to the general d of the past o h or three lears ears these theo 13 states states especIally states especially ll- ll the ow ev England nato group group e ai hid h poor sears hears ears Fundamental condi condi- conditions conditions conditions now v Indicate oHI ho that these states Elates have havo seen Been their tort ot Better conditions are rc A brief ot of o the present rp nt sit sit- situation sit situation follows MAIM L I L Little change In industrial conditions has hos thus far tar occurred time time Part schedules all pre all allIn In the textile and shoe Ill I'll punts and there Is a 9 surplus o of If work workers orl- orl ers apparent nt In i certai-i cert sections some somo ot of o the woolen mIls ml Is are aret t on ot o but paper poper and pulp mills mlIs are uro op- op op operating crating on reduced operations and highway construction continue a 11 tl c e end afford aCCord employment to 1 a large number of o men larm laboi sit sit- situation sit situation Is reported as 41 s ll hi 1 11 Conditions remain about the same Bame although thOle ha hM ban b been en a slight slackening In the boo boe In- In Indu In In du h y and lind in some sOllie sections of or the state time part-time still pre rc alla In these plants and wire cable Ind are arc however now working un on over over- overtime timo time schedules The Tho cigar Indus try Iry Industry Is described as Hos lIos- hoe hoe- iery lery Hosiery mills and machine machino shops are arc operating lIh reduced tor forces cs Building operations afford aCord em- em employment employment em employment to a a large n nimber ot of otmen otmen men Supply of oC farm Carm arm libor re- re re ported as liS about equal de- de demand demend de demand mand mend T CRIO all plants are ate op- op op but Moral se oral textile mills shops and ad I plants are aro still oUlI on pai pail time schedule and a slight alight decline Is noted In the tho ff granite In- In Industry Industry In Industry Building octh Itle keep resident craftsmen busy to so that labor continues to lease leaH the tho terms arms armstor for tor the trades M I i M S S meni ment condi condl- conditionS conditions lions show she some sonic Imp u The Tho te textile Ule mills have In re operating time und and added to their forces Corces In iii certain sections ot of the tho state Recent wage reductions of 10 per cent hate haie helped the alt alt- sit situation ullon The je jewelry elry and granite granitO Industries are operating on on Ito Ito- nor normal mal mat basis Metal plants 1 Fave In- In Increased In Increased I creased their work ork forces and th this of o labor Is well teU eU employed I Building activities and h III h ha a construction continue continUo to Khe KI em- em om ment to a 11 large number of oC craftsmen D Employment shows A t slight Pr all In- In industries in industries are tire operating but the tho mills milts and metal trades trad s are Ile still on time part-time schedules and there Is n a surplus ot of o the thee e work work- workers workers ers ors Building construction is ac- ac ac active it the tive 13 through the state stale providing employment 01 tOI many tradesmen 1 CO CO T General business shows 6 a slight Improvement All plants are arc ot- ot op operating and aad in many eases rases ases the tho textile and silk Indu b los les are aro working time full schedules In certain sections the th silverware In- In in industry duttry Iu try hits has been it ot 0 over overtime or- or time Building construction t Is cc- cc ac active tive tito t 0 throughout the state stale ing 0 Id- Id JOg ing employ ment for tor or a num num- nurn- nurn number ber bOr of oC C L LV lonii lORK 10 I An Improvement In la Industrial moot ment Is clearly c vl t ent ent In iii hew elV York lork III In lie he lie Iron and steel mills foundries ma- ma ma plants and U se blanch blanch- es bianch-es U es of oC o the textile Do- Do De Despite spite the number of It work workers ork- ork ers that h ha have o e Deco absorbed In manufacturing plants and fcc fcc- fac factories tories torl's there still remains a eon eon- con considerable amount of ot unemployment ment nent unskilled la lacor r Em- Em Cm plo ment In the railroad trans trans- transportation rans lines ear Car I ep tIr and I machine shops Is mo moving Ing up- up up upward ward rd new nea ne orders ha Int od ed cd employment in lit the e anti and boiler works and railroad equipment Industries SIk Slik and woolen mills tobacco and aJ elec- elec elec neat equipment plants chelT and some metal trades show alight gains The Tile completion of eC b Ii con COIl considerable con considerable amount of OC road building also construction jobs Is causing the tho release of ol a n large large- laree number of unskilled workers but building Is still aCtIve lve fhe he demand tor for ng I la- la labor la labor bor has fallen oft off and andI I the he supply of ot this clasS clasa clas C 0 I I 1 ep ell IS 16 becoming more l tL Jl JI employment contin continues ues satisfactory and slight gains are arc noted in a number ot of important Industries Part time operatIons still obtain in some branches of ot Industry buill but n it steady steady- slow It slots If-slots increase in operating with Hh a corresponding I rise B in employment Is 10 reported In Inmany Inmany inmany many sections of ot the tho A fair fair- fair fairly ly Il I good volume of oC building oper oper- oper- oper operations and construction jobs are under wa a The Tho Increase of oC rail rail- railroad railroad rail railroad road traffic during the Pl t month afforded considerable employ t employment ment mont to workers In the tile railroad shipping and other ion lines Ship repairs repair 1 lid td ro- ro reconditioning re reconditioning conditioning work ork in the eastorn ards ards has created demands s for skilled workmen Tc Textile Indus Indus- Industries tries Irles are arc show sho Ing greater I ct It ity Iron and steel sleN industries s ate aie boa ho hoe how however e ever eer er still s operating ope below nOI I Metal and machinery plants plan silk mills tobacco and nd glass factorieS refineries and leather le th r and print print- printIng printing ing Industries are aro steadily ox- ox ex expanding pending operations Therefore the present surplus of o common labor clerical workers and factor factory help should gradually become Ie as 1925 advances Ild PENNSYLVANIA ANIA Employment gains are aro r reported In tho the basic industries prinCipallY Iron and steel textiles and machinery tobacco mining equip equip- equipment equipment ment merit plants electrical trAdes and transportation lineR linea A number ot of Idle mills are resuming operations and somo some of the larger plants are re extending their th lr v working ScheduleS Operations on state and county road Improvements are to a n close clese with the re- re result re result sult suit that many semi semi- semiskilled skilled employees employee are lining ro- ro re released leased Part of ot this libur will still bo be ab absorbed In the major majol industries Increased order ord ra n n the structural fabricating plants pants reflect he h huge Volume ot of o building and construe construe- construction lion tion projects under way ay and ready to start Further evidence of ot In- In Increasing In Increasing creasing employment l Is the h he un- un precedent un-precedent precedent railroad traffic Repair shops hopi are again on oil full time trine and andI I railroad trainmen are ara being re- re recalled recalled re recalled called In other divisions divisIon of oC the transportatIon lIac lines such n 0 at main main- maintenance maintenance of It way stay y roundhouse s and Aad railroad yards yrda workmen are more full fully than titan they have hate been for tor sonic some time lime Industries manu menu manufacturing manufacturing railroad equipment have sufficient orders on hand to op- op op operate orate erate at a normal basis baSla with aith Ith full tull forces for tor months ahead lI D M A small amount ot of o unemployment ment mont Is reported in several ot of the larger luger cities In this sUit StaR stati How How- However ncr ever Industrial activity I is Increasing log lag slightly from month to 10 month Seasonal curtailment of ot such work ork as aa road construction and nod to a certain extent of o building pro pro- programs pro programs grams rams has Effected affected a small email num num- number num- num number number ber of ot laborers chiefly unskilled 5 VIRGINIA I Very little change haa h vet ct et oc- oc occurred occurred oc occurred I in industrial conditions In inthis Inthis this state stale Practically all the major Industries are Ire operating on satisfactory schedules with nor nor- normal normal nor normal mal quotas of ot employees engaged A small email amount ot of o unemployment Is reported In some cIU cities but this lis Is 18 more or less leso t 1 at aL this time of oC year ear car Building construction continues on a rather lj gB scale scala I ST HI-ST I T IA The general Industrial situa situation tion In this state i to lo Im- Im Improve improve Im Improve prove There Is a surplus of oC un- un unskilled un skilled labor in some Rome districts large largely I due to the tho suspension ot of road building The demand for tor miners In most of o the coal cOlli mining fields I Is increasing and the large surplus of ot this cl class of oC help has been so se the thelast thelast thelast last few Cew months Is rapId rapidly do- do de decreasing creasing With the increased movement ot of coal eoal railroad shops sheps are again operating or on time full full schedules lies s Building tall tall- fat tali-ly tali ly Iy active e especially in III the larger Irger cities The The net nel result of o I these hse facts concluded Mr B Ia is I that conditions are h improving but buL that the em ov count nt has thus far tar been slight in most line lines I however banner am optimistic states as ao to the tho next tw t oar ears hr H I the ho Bab rt ot of United States Stales Business Conditions which now stands at ot 7 ier per cent above normal continues to hold UI Up to this figure these states must ull prosper This Is t i true InIe In view Ie of the ru- ru Eu situation |