Business barometers used in the accumulation of money;

Image 1 of Business barometers used in the accumulation of money;

Contributor: Babson, Roger Ward
Date: 1910

Image 2 of Business barometers used in the accumulation of money; 1 /-I

Contributor: Babson, Roger Ward
Date: 1910

Image 3 of Business barometers used in the accumulation of money; y f z .0 ri

Contributor: Babson, Roger Ward
Date: 1910

Image 4 of Business barometers used in the accumulation of money;

Contributor: Babson, Roger Ward
Date: 1910

Image 5 of Business barometers used in the accumulation of money;

Contributor: Babson, Roger Ward
Date: 1910

Image 6 of Business barometers used in the accumulation of money;

Contributor: Babson, Roger Ward
Date: 1910

Image 7 of Business barometers used in the accumulation of money; Business Barometers used in the Accumulation of Money A Text Book on Fundamental Statistics for Merchants, Banl^ers and Investors By Roger Ward Babson Published at BABSON S COMPILING OFFICES Wellesley Hills, Mass....

Contributor: Babson, Roger Ward
Date: 1910

Image 8 of Business barometers used in the accumulation of money; First Edition Copyrighted 1909 Second Edition Copyrighted 1910 by Roger W. Babson €n!.A265518

Contributor: Babson, Roger Ward
Date: 1910

Image 9 of Business barometers used in the accumulation of money; 2)cC»icateD to GEORGE FILMORE SWAIN Professor of Civil Engineering Harvard University People will endeavor to forecast the future and make agreements according to their prophecy. Speculation of this kind by competent men...

Contributor: Babson, Roger Ward
Date: 1910

Image 10 of Business barometers used in the accumulation of money; hold that a man who is long-headed, who foresees and judges accurately, has an advantage over his neighbor, and it is not accounted immoral for him to use that advantage, because he...

Contributor: Babson, Roger Ward
Date: 1910

Image 11 of Business barometers used in the accumulation of money; PREFACE A AMERICANS, when travelling abroad, are amazed to find that very few reputable bond houses In London, Paris, Amsterdam, Berlin and other large cities have salesmen on the road. Compared with...

Contributor: Babson, Roger Ward
Date: 1910

Image 12 of Business barometers used in the accumulation of money; fine all of their business to about six months out of every three years. For a few months they will buy very heavily for their clients and themselves and then, as prices...

Contributor: Babson, Roger Ward
Date: 1910

Image 13 of Business barometers used in the accumulation of money; and Banks who have been patient during the ex- perimental and formulative stages of this work. These friends have not only recognized the difficul- ties under which the work has been performed,...

Contributor: Babson, Roger Ward
Date: 1910

Image 14 of Business barometers used in the accumulation of money;

Contributor: Babson, Roger Ward
Date: 1910

Image 15 of Business barometers used in the accumulation of money; TABLE OF CONTENTS Page CHAPTER I. Two Classes of Statistics 13 CHAPTER n. Range of Stock ]Market Since 1860, Showing the PossibiHties of Profit to an Investor 30 CHAPTER HI. Range of...

Contributor: Babson, Roger Ward
Date: 1910

Image 16 of Business barometers used in the accumulation of money; FOREWORD A study of past disturbances leads to the convictio7i that no severe depression has occurred which was not preceded by loud warnings. These warnings ought not to pass unheeded and in...

Contributor: Babson, Roger Ward
Date: 1910

Image 17 of Business barometers used in the accumulation of money; of great value, are those pertaining to the employment of labor, capital invested in new enterprises, amounts expended in new construction, volume of production in the various kinds of manufactures, and statistics...

Contributor: Babson, Roger Ward
Date: 1910

Image 18 of Business barometers used in the accumulation of money;

Contributor: Babson, Roger Ward
Date: 1910

Image 19 of Business barometers used in the accumulation of money; CHAPTER I TWO CLASSES OF STATISTICS STATISTICS are divided into two classes, viz.: Comparative Statistics and Fundamental Sta- tistics; and the following gives a short de- scription of these two classes (1)...

Contributor: Babson, Roger Ward
Date: 1910

Image 20 of Business barometers used in the accumulation of money; 14 BUSINESS BAROMETERS we shall not here discuss details concerning this class. It should be clearly understood, however, that such statistics are worthless for determining the general course of the entire market....

Contributor: Babson, Roger Ward
Date: 1910

Image 21 of Business barometers used in the accumulation of money; TWO CLASSES OF STATISTICS 15 short, comparative statistics treat only of surface conditions. (2) FUNDAMENTAL STATISTICS. Fundamental statistics relate to underlying conditions of the country and make it possible to forecast demand,...

Contributor: Babson, Roger Ward
Date: 1910

Image 22 of Business barometers used in the accumulation of money; 16 BUSINESS BAROMETERS where the cost of Hving is reasonable, and the wage- earner has a margin to save for old age or establish a higher standard of comfort. Yet it is...

Contributor: Babson, Roger Ward
Date: 1910

Image 23 of Business barometers used in the accumulation of money; TWO CLASSES OF STATISTICS 17 one slower but still relatively quick, in general business. This again is followed by an arrest in business where, contrary to assumptions just as hasty and ill-balanced...

Contributor: Babson, Roger Ward
Date: 1910

Image 24 of Business barometers used in the accumulation of money; 18 BUSINESS BAROMETERS fined their operations to standard securities, and such merchants as have bought standard goods, have made fortunes for themselves and their cus- tomers by a study of these fundamental...

Contributor: Babson, Roger Ward
Date: 1910

Image 25 of Business barometers used in the accumulation of money; TWO CLASSES OF STATISTICS 19 Earnings, (24) Idle Car Figures, (25) Miscellaneous. XII. Social Conditions: (19) Political Factors. These twelve subjects have by custom come to be known among merchants as the...

Contributor: Babson, Roger Ward
Date: 1910

Image 26 of Business barometers used in the accumulation of money; 20 BUSINESS BAROMETERS number that have failed, the percentage of failures may be readily determined. Contrary to the or- dinary impression, it is too few failures which fore- tells disaster and panic....

Contributor: Babson, Roger Ward
Date: 1910

Image 27 of Business barometers used in the accumulation of money; TWO CLASSES OF STATISTICS 21 until further notice. This practically fixes the dis- count rate throughout Great Britain, and a con- tinued rise or fall of the rate in England is sure...

Contributor: Babson, Roger Ward
Date: 1910

Image 28 of Business barometers used in the accumulation of money; 22 BUSINESS BAROMETERS anticipating price changes. The leading operators have statisticians continually studying fundamen- tal conditions in order to forecast future conditions, and base their purchases and sales on the inform- ation...

Contributor: Babson, Roger Ward
Date: 1910

Image 29 of Business barometers used in the accumulation of money; TWO CLASSES OF STATISTICS 23 proximately one-half of our population are depend- ent upon agriculture. Crop conditions form the basis of James J. Hill s predictions and business ventures, and Mr. Hill,...

Contributor: Babson, Roger Ward
Date: 1910

Image 30 of Business barometers used in the accumulation of money; 24 BUSINESS BAROMETERS XII. Regarding politics; trade is always de- pendent upon the wise conduct of our national government. War clouds, even though at first not involving our nation, strongly affect all...

Contributor: Babson, Roger Ward
Date: 1910

Image 31 of Business barometers used in the accumulation of money; TWO CLASSES OF STATISTICS 25 demands of our country for new construction must show an increase each year to have conditions even remain constant. There must be a distinct in- crease in...

Contributor: Babson, Roger Ward
Date: 1910

Image 32 of Business barometers used in the accumulation of money; 26 BUSINESS BAROMETERS are low, holding them for from two to four years un- til they are high, and then selling and depositing in a bank the proceeds received therefrom. After said...

Contributor: Babson, Roger Ward
Date: 1910

Image 33 of Business barometers used in the accumulation of money; TWO CLASSES OF STATISTICS 27 chases, there is connected a certain element for risk, and the investor then becomes a speculator. If margin purchases are undertaken, the margins should be large, from...

Contributor: Babson, Roger Ward
Date: 1910

Image 34 of Business barometers used in the accumulation of money; 28 BUSINESS BAROMETERS which is not true of even the most conservative stocks. Bonds are especially recommended to per- sons dependent upon the income derived from their investments; and the writer is...

Contributor: Babson, Roger Ward
Date: 1910

Image 35 of Business barometers used in the accumulation of money; TWO CLASSES OF STATISTICS 29 of, for instance, only $10,000. For there is no reason why, with fundamental statistics as an aid to the elimination of the bad accounts and unsold goods,...

Contributor: Babson, Roger Ward
Date: 1910

Image 36 of Business barometers used in the accumulation of money; CHAPTER II RANGE OF THE LEADING INVESTMENT STOCKS SINCE 1860, SHOWING HOW $2,500 INVESTED IN 1860 WOULD AMOUNT TO OVER $2,000,000 IN 1910. SPECIAL TABLES ON INVESTMENT BONDS. THE accompanying chart is...

Contributor: Babson, Roger Ward
Date: 1910

Image 37 of Business barometers used in the accumulation of money; i S

Contributor: Babson, Roger Ward
Date: 1910

Image 38 of Business barometers used in the accumulation of money;

Contributor: Babson, Roger Ward
Date: 1910

Image 39 of Business barometers used in the accumulation of money; Tl rrcD_-j4J T^.cftitttti-ii rrr nj-i-trtb-^

Contributor: Babson, Roger Ward
Date: 1910

Image 40 of Business barometers used in the accumulation of money;

Contributor: Babson, Roger Ward
Date: 1910

Book/Printed Material Business barometers used in the accumulation of money;