Business: Statistical Seer

BUSINESS & FINANCE

Leonard Porter Ayres describes himself as a "drab old man." Spare, greying, humorous, he is executive vice president of Cleveland Trust Co. and the author of that bank's famed Business Bulletin, a little four-page monthly that is read by at least 40,000 people and quoted by the Press for millions more. .In simple charts and simpler English he "tells things which the bank's directors and customers want to know."

As a seer, Colonel Ayres is by no means infallible. Though he viewed the 1929 stockmarket with a jaundiced eye, he was talking about...

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