Babson Discusses The Stock Market Babson Park, Mass. — I freely admit that a great change is tak ing place in the government of this country. Not on.y did the country give Eisenhower a "land slide" victory last November: but Eisenhower is now giving "Big Business" a "landslide" stock market in return. WHY STOCKS HAVE GONE CP The appointment of so many successful businessmen to high offices has made them and their friends very bullish. These friends have passed along the word to Other friends, who have bought stocks at an unprecedented rate. Naturally, stock prices have been going up and will continue to climb as long as this buying exists. Have these Republicans bought for investment or to sell again soon at a profit? Frankly. I do not know, but my guess is the lat ter. If so. when these friends of the big shots begin to sell, who will be the buyers? A stock market can tumble from present prices as fast as it can climb. Af ter Hoover's election in 1928 the Industrial Averages went up 100 points within 10 months, but then fell back over 100 points in only 1 month!

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