Word: bancroft
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Five Seniors have been elected to membership in the Phi Beta Kappa: Horace Bancroft Davis of Brookline; Samuel Leo Fuss of Pittsburgh, Pennsylvania, a transfer student from the University of Pittsburgh; Julian Lawrence Holley of Bristol, Connecticut, a transfer student from Williams College; Charles Hartshorne of Phoenixville, Pennsylvania, a transfer student from Haverford College; and Fulmer Franklin Mood of Oakland, California. Only five more members of this class will be taken into the Phi Beta Kappa. These will be elected at the time of the Final Examinations on special consideration for honorary degrees...
Second Team.--Chase, 2b.; Dickson, c.f.; Lucas, r.f.; Bancroft, 1b.; Keegan, c.; Kerr, l.f.; Vitkin, s.s.; Ross, 3b.; Blair...
...United States faces a gloomy financial future for the next few years at least, according to Mr. James R. Bancroft, the President of the American Institute of Finance, an organization for the compilation and study of business statistics, which acts as adviser to many large corporations. Recently Mr. Bancroft and some of his assistants have been engaged in making a study of present business conditions, with the intention of making a forecast for the next few years. In a recent interview for the CRIMSON, Mr. Bancroft laid emphasis on the fact that the normal business cycle has been so distorted...
When asked through what stages we would pass before business would be back on a firm foundation, Mr. Bancroft replied, "At present we are about 15 to 20 per cent below normal. This condition will last about six months longer, to be followed by a period of flash prosperity, not more than a year in length. This will be due partly to a return of confidence, and partly to a return of inflated currency...
...reply to the question as to what he thought were the chances for lower prices, Mr. Bancroft said, "It is a mistake for us to feel that prices are going to get back within a few months to a level which it took over twelve years to reach after the Civil War. Some people think that prices will never go back to this level, but I believe they are mistaken. However, it will take a long time for them to get there. Another point which might be made here is that this talk about the return of business activity being...