Show BIG BUSINESS TRADE LOOMS those who feared that the reelection election re of president roosevelt would bring a big shaking up in trade and business conditions have been badly mistaken it seemingly is just the opposite as tile the roosevelt landslide has already set the go signal for the present at least in the short time since election big business men and investors n have changed their viewpoint new jobs have been created wages have been increased millions of dollars have been paid out in dividends wall street has been hitting high records in fact everything points to a new high business trend since 1929 with tile the election of november 3 the voters of the nation settled the question no business man can now give uncertainty as an excuse to hold back prosperity he knows full well what is ahead for the next two to four years and those few disgruntled ones should right about face and capitalize on the situation the democratic landslide means easy money rates for some time to come spending will continue the cost of living livin has just started to rise roger W babson says nobody can get rich on money in the bank at 2 per cent high grade bonds yielding avi 31 4 L per cent may be just as dangerous as common stock selling 40 to 50 times earnings surpluses in company treasuries draw no interest but they do draw big tax bills now is the time for action not for sitting tight we do not mean that a man mail should sell his principles for a mess of pottage there are broad fundamentals on oft which we should courageously stand even if our pocketbooks suffer thereby there is no sense in arguing with a tidal wave money moncy is loosening up with a rush financial publications are re crammed daily with notices of dividend boosts wage increases increases there are a million more job holders today than a year ag ago payrolls are 5 to 10 per cent higher the average farm income is today 10 to 15 per cent greater than a year ago purchasing power this fall is at a now high since 1929 babions Bab sons report has the following message roose belts reelection symbolizes the great change in public viewpoint during this christmas season this new attitude will be expressed in terms of real boom buying shop early is my advice to both men and women carry a complete and heavy una line of stock and advertise to the limit is my warning to merchants and manufacturers business as regi by the babson chart remains at non normal nal and is 20 per cent above a year ago |