The Ypsilanti daily press. (Ypsilanti, Mich.) 1928-1962, 1943-05-29

Babson Park, Mass, May %
Ny readers should remember, par
ticularly when making investments.
that some industries are always
declining whereas other industries
are showing healthy growth trends.
During the war we have been IN
kind OF new industrial revolution.
our engineers and scientists have
developed certain existing prlnci-
pies and made important new dis.
coyeries After the war we all can
benefit IN our everyday lives from
the progress being made in science
and industry.
Normal Growth vs.. Stability
Investors and industrialists who
wish 10 play more-or-less safe have
a rather wide choice for their in.
yestment capital between the new.
er stocks and the old-timers. Among
the industries which are now in
normal growth period are office
equipment. electrical equipment.
radio. rubber. electrical utilities
petroleum. building SUPPLIES and
automobiles. Most OF tfese indus
tries are now concentrattug upon
war work, but after the war they
will resume their customary opera
tons. They may be expected, over
a period OF years, to grow slowly u
their useful services and supplies.
Industries which have more or.
less already arrived are characs
tegized by their stability OF opera
ton. Among them may be railroad
ing. mining. farm implements. tele-
phone and telegraph. leather. lum-
Der, ice. soap cosmetics. contain
ers. food. paper. steel and iron. the
textiles and anthracite coal. Mer-
chandising. banking and the print
ing and publishing industry may
also be considered In the stable
group. All OF these groups will be
part OF the American business
scene for many years to come. But
sooner or later they may proceed
10 the point where radical new de-
yelopments will force them TO
change their methods or products
or else they will enter a period OF
declining usefulness.
Mid.Trend Industries
There is also a midway group
which will perhaps reflect, over
the long pull. new growth and eX-
pansion. These include lighting and
heating mixtures, bituminous coal,
farming. suburban transportation,
food preservation. photography,
pub products and home appliances.
We all know that the lighting OF
factories and office buildings has
improved immeasurably in the last
few years. Further strides will be
made in this field until perhaps the
ordinary electric light fixture, as
we know II, will be a veritable an
tique.
Bituminous coal Ia already CIV
ing US many new types OF products
OF a plastic nature. II is still, when
easily accessible. a most efficient
source OF electric power. Farming
through chemurgy has an incredi-
BILE future both from an industrial
and food point OF view. II space
permitted | could go on and out
line further new Developments that
will be made in the glass industry
and in other lines.
Rapid-6rowth industries
Industries in another classified
ton are literally in the cradle.
They may become to our grandchil-
dren what the telephone, the auto
mobile and the airplane have been
TO us. They include teleyision, wired
photography, electronics. pre-fab'
ricated houses, synthetic fibres,
safe aviation. chemicals, and plas-
tics, insulation and air condition.
ing. alloys and light metals and
the wonders OF fermentation. II is
in these fields that our engineers
and scientists are doing their most
work. Investment and
capital may well con.
slider the opportunities these fields
offer for postwar growth.
The war has made many United
States industries self-sufficient and
others obsolescent. This way re
act both TO our advantage and to