New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-12
Industry Now on the Threshold
of Most Remarkable Sea-
son in Its History.
ALL SIGNS ARE FAVORABLE
Big Crops, Easy Money, Cieai
Skies in Politics, Point TO
Huge Success in Near
Future.
NV lain N. WHY'S, overIsnd.)

e,o,..,io,al az has been the develop
ment Of the automobile industry II Is
NOW on the threshold of the most IT,
markable year in its history. Consider
ing the situation from every angle the
wear of 1913 should prove one OF tremen-
ao,,- ,cb,ovement for the motor car
builders of the world. Especially are
those of the United States in position to
attain n degree of success never before
known in The commercial world.
with the close Of 1912 we find business
e,.,ditions more favorable than they have
boen for years Crops have been unusu-
ally heavy. money is being freely clrc--
lated the political situation has been ~
least temporarily made secure to the sat
isfaction of majority of our people, ana
there are no clouds on the horizon OF on:
national prosperity.
Business. generally. from all indications
should be the best it has ever been In the
United States. In every line there is noth-
ing evident to warrant anything but the
most optimistic outlook. This is remark
Recently twelve automobile distributing
firms in widely separated parts OF tne
United States were asked, by telegraph
for a forecast of business conditions i'll
their localities. Bankers in each OF the
twelve cities were also asked TO express
their opinion on the outlook. With only
two exceptions. distributors and bankers
returned highly optimistic replies
In the exceptions noted. the only cause
of the slight business depression was un-
favorable weather. louisiana and west
ern Florida reported excessive rains
which caused a partial failure OF the
crops Of 1872 and an apparent drop from
normal production for 1913.
Extracts from the letters written both
bv bankers and motor car dealers, reveal
The general spirit of optimism ne
prospect for 1913 business is the best the
Pacific Coast has ever seen. Money is
and has been plentiful. and there is
general atmosphere of prosperity in our
entire territory" wrote j. w. Leavitt d
Co. of n.Francisco. THE reports that
reach us are of constant and increasing
prosperity" said f. l.. Lipman. vice
president OF the Wells-Fargo Nevada Ma
tional Bank in the same city
Heavy crops of grain, cereals and cot
ION. except in twenty counties Of the
state. is the report from our dealers in
Dallas. who believe that 50 per cent OF
the cars they sell this year Will go 10
farmers Nathan Adams, cashier OF the
American Exchange National Bank, says:
General conditions in Texas were never
better and we see no reason why ousi-
ness in all lines should not be very active
during the new year
J. s. Pomeroy cashier Of the Security
National Bank of Minneapolis. wrote that
farmers are buying the bulk of automo-
fjles in that section and looks for
wonderful business in 1918 because OF
heavy crops throughout the state. This
is supplemented by the letter Of Bowman
& Libby. who report that they do not eX-
pect 10 be able TO get enough cars TO
supply the demand.
prices and crops are good, and in my
opinion the year 1915 will be very favor
able one" writes r. w. Schmeer, cashier
Of the United States National Bank OF
Portland. ore. while Leavitt & Co.. auto
mobile dealers, also report active buying
Of cars by farmers.
This is the story that is nearly general
the letters including Tennessee. Illinois
Massachusetts and the District of Co.
lumbia. AS noted before. our dealers in
Louisiana and Florida report slight draw
backs because of unfavorable weather
but even they look for business that will
nearly equal that OF 1912.