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The Ogden Standard-Examiner from Ogden, Utah • 26

Location:
Ogden, Utah
Issue Date:
Page:
26
Extracted Article Text (OCR)

12-B THE OGDEN STAN DARD-EXAMTNFR FRIDAY EVENING NOVEMBER 27 1Q3S i November Business Best Since 1929 Says Babson Noting Wage Job Booms Ctiovjc TToa fflio '(ConvcnicziS 5 Wav to Day JjQVjelsry She xr Gliirlctmac Gill lOG DU ftkl annual income of the worker rather than his hourly or daily wage rate Hence those who should be taken care of right now are the part-time or seasonal workers whose pay is out of line Full-time employes should not be too impatient about higher pay Naturally if business improves further and if the cost of Jiving continues to rise steadily then sweeping wage changes must be made all along the dine Moreover with a very bullish holiday trade outlook the chances of such business improvement are very good Copyright 1936 Publishers Financial Bureau Your Children ft a Two magic words that open the door to a more wonderful Christmas for you and for everyone to wjom you want to give a lasting impressive gift Just say "Charge It" and do your Christmas buying the modern smart and thrifty way! -5 By Oftr Roberts Deri ci ONCENTRATION LEADS MINDS ASTRAY i x-x A Us 130 i YES! We Feature All The Newest Models by ELGIN BULOUA HAMILTON GRUEN CROTON J' fv far 4 FH 2 Jr Fk 1 Bulova $2475 Elgin $2100 Gruen $4950 Croton $1375 Truly good watch and a good value Hamilton $4000' One of the best time pieces Bulova $3375 "Goddess of square type for her distinctive wrist 17 Jewels true Complete new distinction I I stock of fine man yellow gold I Elgin watches I watch A stv lb $100 Down Delivers Any of These Watches qSF me -J5 extraordinary WATCH FEATITRFQ FopaUr Brands Tool You Safe 0 bAf! Ik i(9 1 i ok cPi 5 I Billy see 111 put this little paper with fifty cents in it in your pocket Now be sure to give it to the teacher right away for your savings That means that all the little boys and girls who want to can take Miss Miller a nickel or dime or more very fednesday and she will keep it until you have a whole lot of money Then sometime you can get something you want 1 maybe But you are only five so see about that Now run off to kindergarten Be sure to remember And drink your milk and take your WIIAT MONEY AT AGE FIVE? Not exactly kindergarten but a pre-school for tots it was and Billy adored it At supper his mother asked you give Miss Miller your half half fOh I just knew forget Go and get it right away and ve it to me in your It -in the coat the world did you do wjth jf'I know I want some more mashed her up" said daddy he forgot it last week and been so much fuss now I hate to go tomorrow and find odt about it She is very made the best basket said Billy with his mouth full Miller said it was I worked fast 1 think Where did you put that mean those quarters?" I get a at this iT had to drum while the teacher played -She said I was good I kept time She had to show Paul and Tommy and they couldn't do It right I Billy pay attention Think ard Did (you take out the little paper with the money and hand It to Miss Miller? GETTING AT THE TRUTH forget Say mom Miss Miller drew a big pumpkin-face And a turkey Can we have turkey? She said I was a good I I lose my you did give it to I umh Sure What did think did with Well I am sure I know what to think Sajathis child will never learn to etfncentrate it Miller said I did three things best today I tied my shoes fastest and drummed just dandy and made a good basket Can I go out and see yes I have to the matter Sam? Is a said Sam very very busy He concentrates so hard on some things he forgets the rest he added with pride (Copyright 1936 NEA Service Inc) I Nineteenth Ward To Hold Contest S' O' a By ROGER BABSON BABSON PARK Mass Nov 27-Business news seldom crashes the front pages for weeks at a time The post-election boom however is so spectacular that it is making headlines daily The nation is ago amazed by a tidal wave of dividend increases wage boosts and year-end bonuses Business has moved ahead to a new recovery peak The sharp swing upward is bringing in a flood of questions about the outlook for business stocks unemployment and wages Those people who are accustomed to good things coming the hard way are wondering if this- sudden burst of optimism is sound and basic BASIC TREND SOUND 1 Fundamentally this post-election is justified from a long-pull standpoint Business hit its low ealy in 1933 and for nearly four years we have been struggling upward the interim business has been sub-normal but our population has been growing People have had to I be fed clothed and transported) During that dreary period we neither produced nor bought enough goods to meet our needs For a long time consumption ran ahead of production Demand in the meanwhile has been slowly improving Gradually people have come 1 to the nation is on the upgrade During the 'past three months there has been a great improvement in public sentiment The av erage American toctay is convinced that we are swinging into a real boom Statistics appear to back up this opinion Business has reached the X-Y Normal Line on my Bab-sonchart on the way into a prosperity period for the first time in fourteen years The tide is with usj Not only are we being aided by the normal growth of American business (which averages nearly two per cent Per year) but we also have the added impetus of a big potential demand built up by five years of sub-normal satisfaction The coming era of good times may even-at some time though temporarily exceed the 1929 peak STOCKS NOT SHORT SALE This post-election boom also has Investors worried The current fever of optimism of course has ignited Wall street Stocks are today 30 per cent higher than last year Prices have had a sharp spurt the election People who bought months ago are wondering if they should now take profits others who have been timidly holding their cash liquid are wondering if they have missed the boat These investors who are In ddubt about the: long swing have lost) their perspective I can not recall any recovery period when the market reached its peak with business only at the Normal Line We are not yet1 in an era of business overexpansion and the trend is still basically favorable Furthermore those who do want to accept their profits hesitate to do so because of the reinvestment problem Money rates are still ridiculously lov Bonds yielding 3 to 3 1-4 per cent interest may turn out to be just as dangerous as may stocks selling at a highprice-earn-ings ratio Good mortgage loans are hard to get Bank deposits return little or no yield Meanwhile the cost of living is steadily rising Hence I see no reason why investors would now fcnt to unload their stocks of companies whose earnings are progressing satisfactorily Easy money rates are a strpng market factor so long as they prevail I am not worried about stocks being so high as to offer a good short sale yet DO NOT BE FOOLED Another question which is bothering more and more people in view of sharply improving business Is the unemployment and relief problem The administration is -planning to take a complete and accurate census of the All through the depression business observers have been troubled by the Iafck of reliable jobless figures Various estimates are made from time to time but these are simply guesses Currently they range around eight million Even though the forthcoming census may support this estimate I will not be satisfied In taking this census I feel that labor experts are overlooking a very fundamental point While a census should be made it should be of the employed as well as ithe unemployed The department of labor has fairly accurate figures on the num-ber of employed at various periods in the past If we compare these totals with our population figures we will get a fair per-capita-em-ployment average If we take an unemployment census however there will be no past figures for comparative purposes The fact that eight million are jobless today does not necessarily mean that our percentage of unemployed is greater than it was twenty years ago -Hence while It is important that we i should -take a periodic census of (he unemployed a3 well as of the employed nevertheless the administration should not base its relief and other policies entirely on the jobless figures WAGE ISSUE UP AGAIN Furthermore the answer as to who constitutes a has changed in recent -years Today millions of young people and old folks would want to be tallied as unemployed by the census taker Twenty years ago these people would have been considered simply as If for no other reason than this I believe that the coming unemployment census will be of little benefit except to political sharpsters What the public authorities really need tp know is the total number of peo--ple who would in good times be employed but who now have no Jobs Frankly if we could get reliable totals on such genuine unemployed I would not be surprised to find them running closer to four -million than to eight million Still another question which the current boom has pulled into the limelight is the wage issue I am in full agreement with the aim to emphasize the to- AS fU unts AS 50cAWEEK WILL DO IMMEDIATE DELIVERY 5f a a PA UK- Ml fo 4A S' Man's Wrist Curye Model The itauHoii tlm-pieesf A dp ncUb! $2750 v-Ladies New Round Model A beirfifulfv JaJnty waefc fully (twefej nd gurntf $2275 Triple Pocket Watch Set Hsrmonajn 5X04 $2250 GIFTS AS BEAUTIFUL AS THEY ARE PRACTICAL HERE ARE A NUMBER OF OUTSTANDING VALUES Community Plate service for 8 $3250' In beautiful pift chest You save $6 on this complete pur- Military Set $550 Eversrthing he' needs comb brushes mirror etc with genuine leather ease in this fine quality set At irAM 1 VJ Dresser Set Her choice of colors In this I8piece dresser 7-50 419 50 1975 $1500 iSs Toaster Set Consists of toaster tray and glassware I A 95 Makes an ideal Sift Coffee urn cream- er sugar bow! and handsome $12 OR serving tray All 1 for Kpl Kil IV Ke I All Weber county residents are invited to enter the amateur contest scheduled for December 3 at eight in the Nineteenth ward recreational hall They may register at 25284 Washington avenue or at 2928 Stephens avenue phone 3304-J Top prize will be a diamond ring Many other prizes will also be presented Herrick master of ceremonies announced Included on the committee in charge are Mabel and Blackwell Jack Jeffs Jesse Burton and White A turkey dinner will be served December 4 between five and eight followed by dancing The ward relief society will be in charge of the dinner 5-Year-Old Mixes With Automobile RCLA Victor Radio Vp ci km a splendid lor any home- gilt UTe Christmas Carving Set $250 hstSrf' 500 value electrio Mix IIaster $2325 A home JERSEYVILLE 111 Five year old Mickey Accario tangled with FOR anautomobile and came out even The machine driven by Walter Kruezer knocked him down The frightened motorist ran to pick him up forget it said Mickey can take Then he scampered away Population of Wales which showed a steady increase for 120 years has been decreasing for 16 years 4.

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About The Ogden Standard-Examiner Archive

Pages Available:
572,154
Years Available:
1920-1977