Daily capital journal. (Salem, Oregon) 1903-1919, 1904-01-19
a FINE BUSINESS FORECAST FOR
1904.

y fNFL h0elNG0o FOhECA0I = Ol
1904
At the close Of the current year
small narty Of business workers II
Salem found their way to a popular
oyster house about the time the now
year was being usherei in. The gen
tlemen referred 10 we're comfortably
enjoying little oyster supper. OK.
changing views. and having a genla!
half hour to close the last day Of 1903
The matter Of toasts was suggested
when one Of the party gave little
toast not TO the new year. but 10 The
old year, In which i,e declared that he
had sever DroHpered as In 1903. All
preneut participated IN his Views. and
agreed that It had been one Of the
most satisfactory In thoir existence.
This circumstance Is recalled as we
consider the unusual business pros.
perity Of the past year, and eontem
plate the bright future that seems 10
BE- instore for 1904 salem's business
men have prospered during the year
as never before In the history of the
town aud AZ their success depends
entirely upon tho prosperity OF the
whole community. II ls very apparent
that our entire commonwealth has
enjoyed an unusual year Of good crops
good 'luck. good cheer and all.around
prosperity II
IN recent number OF one OF the I
largest trade Journals N America. the !
Dry Goods nconomlst. the oplnlons q
OF several thousand merchants from q
nH parts OF tho country are published a
over 20 per cent Of these concerns {
says That 1908 has been the best wear n
N th@r history, and all look forward b
70 1889 With the keenest authorization @
rms same Journal publishes a similar T
llat Of reports from 200O firms ias, {,
september concerning which II saws, Ia
IN a very groat majority OF instances ~
'heae Views we're thoroughly optlmls
uo' and were based upon such solld
puh'neas conditions as large orops and
'Hr Prioes' tho general employment "
Of labor at good wages. and A GOOD
supply OF money . The forecas,s y"
'' last September with very fow e1 W.
'epuona, have proved accurate Dis -
'ourAsoment is reported BY a very W
minute portion OF those who answered ~ ~
,ur former inquiry, while many sav sN
nat trade had turned out better than ",
ney had expected In humorous IN ~
'aneeo retailers have ncreasel ,ho,. We
u"lneaa from 10 20 60 per cent ana IN -.
one cases have doubled their sales WI ""
compared with the season M ho '"'
oar before" anu
This same journal after dlscussins "a"
'e situation gcnemlly. aud drawns "a =
'ncl1slona from the Information =,
ana. conoludes tha, the coming y,ar m ''''
'l De without doubt. the greatest W
'slness loar ever known In this r. '"e
'hl'e The following statement n ., 1
l'eo'al Interest to his locality The Hu'
.nc"'sufal reglons OF the Central na'
est and Northwest arc unusuall, e'N.
"eporous. and there continuance We
sood business IL assured" "'"
Ieose statements OF general char We"
'g seem to be morc than hoAne ont 70 3
Oregon, and especially m The wu loo1
p S'e valley Tho further consider w
oa OF our favored region would M, ~.
y 'ohnrm these views. but wm,ls ,.,,
@A''o'ns' eniargo upon them The itbsr
20 IN seaoral as eycrybod, kpows ~
70 heen Good aud prices falr wha., -,
~" up and, while the possihn,y am \
an A'lA'ie war may noe Increase c,,,
.'ends Tor eeroals. {, win unaouh,sa ~ y,
Ao'a up tho livestock market ana h.,
90 an aetiVe demand In that ,ln. H.,
Z. me last two years have bropsh, sas .
'" s'' per cent pnoht 10 the rnou -,
ana contracts nov being msa. s,',.,
na haieaie another year A 49,, s,' '"
l'sn prices IN that line. Frul, h,s 80 as
~ Ia New ~. N'sso" ',,. apples sell are p,
. por III, "a ~ a. hish as salari
Iness IA, 49, 'VNN ana lumber liable
Isos ana n.,s,'., wen oe''eF than lem .,
3 have - a.'. s...s.'.. - ail deserlp to con
~ s0aia indicate no slump N.