Evening star., 1924-03-29
BUSINESS TREND BETTER
IN CANADA, SAYS BABSON
81 Per Cent of Cities Show Increase and Indicate
Further Improvement Provinces
Advance Due to Quicken.

BABSON PARK, Fla, March 90
The first section of Roger w. Bah.
sons findings for Canada appear to-
day in his report on business condi-
tions in the eastern half of the
Dominion.
THE close business connection be-
tween the Dominion of Canada and
the United States is not fully ap-
preciated by the business men OF
either country" says Mr.. Babson
AS far as economic conditions are
concerned the boundary line does not
count for a great deal. The differ
ences between the two countries are
due more largely to different bal
ance between manufacturing and
agriculture. The first localities TO
recover from a business depression
are the manufacturing centers They
become active and prosperous several
months in advance of the regions
which are merely producers of raw
materials. Although manufacturing
In Canada is being rapidly develoned
nevertheless the Dominion as a whole
may Stlll be broadly classed as a
producer OF raw materials Canada.
therefore, lags behind the United
states both on the upward and
4@ownWard @ swing in general business
becauSe of this lag Canadians can
use business conditions in the states
as rough barometer of similar de-
Nelopments which may be expected
70 appear in the Dominion at a later
date. Ae q ia'er
Thus far readjustment in the
provinces has been rather deliherata
mi
year Is over. At present about ~
per cent OF Canadian cities are doins
more business than in the CORE.
Sg SsLonalng period year ago. This
hSs ure WIN improve and Canada S
ness will not only increase in
toIal amount, but the activity viii
pc more widely distributed throuph-
ouI the Dominion. Advertising and
selIing should bring the best returns
LuS. now IN the eastern provinces
@ ana @austrlai activity. including mininp
ana building should continue 70 irn
prove during 1924.
Has One Advantage.
Canada has one advantaea -, a.,
ShIteu states, in that the readiust
uehl following the war hoon, 80
not lnterfered with to SO great an -
SatiS pS an intermediate period of in
hi. atioh. canada is steadily getting
PACK on sound basis. A LIST of ieadS
Ing cltles today shows that twenty
SIX out of seventy-one are d"ina.y
oetter business than they were q ye,r
ago; The significant point howsvar
TINS, Sanada's rating has steadily
he 'anceu ca from low figure and may
oe counted upon to continue this i'm.
provement t' iii-
.u toronto, Montreal and Quebec are
All good cities for sales efforts at
present present The indications are that
NJ NO Is destined to become the
WeM 1ork city of Canada, not only is
~ IN a rich agricultural section. but
70 the north of Toronto, in the cobalt
region, are almost limitless Ininorai
e9eposits. In addition to benefitine
ho I'm lnese natural resources, Toronto
mas variety Of manufacturing in
oustrles and a good jobbing trade
~ were a young man going into
Canada today should pioneer in this
north country, where a great indus
Irial center will some day be located.
DO not mean by this that the other
provinces of the Dominion do not Of
Ter opportunities. The whole country
Is growing and the great government.
tai interest in public work, such as
raliroad construction, hydroelectric |