Every evening, Wilmington daily commercial., 1921-01-01
LOCAL BUSINESS
Continued from . aS~ /


is over. II believe that the worst Is over
and that the early spring will bring abDI
a renewal Of good business" ho said, This
is vry much tho same condition that
existed after Our Civil war. The decline
IN prices throughout the country is i'm
porfant In returning To our normal eondi =
ton and people must quit prohtecring,
particularly the merchants.
he manufacturers are now Obliged 10
sell their output at much reduced prices :.
but the merchants are holding ON 10 their
goods much beyond their present value.
trying DO get out without loss. This is
strikingly true about bread studs, and
wagoa cannot come down while bread
atnifs remain at war prices.
The sooner that manufacturers mer-
chants and laborers get 90 clearer under
standing Of our duty in reconstruction the
better The press has continually for
some time put this quite clearly, and peo-
pie should certainly begin % understand
!. 3. HossrId sEEs suHsHtNE rnnou@n
CLOUDS.
Some persons, said John s Rosaeil,
president Of the Security Trust and Safe
Deposit Co will say that the btsinesa
outlook for 1921 il cloudy u prefer 10
view n ae only little hazY, with every in
dlcatlon that the sun will soon shine
brightly We must expect liundatinn,
The tightening of credit and cessation
81 activities for n period but industry
must revive and production increase Out
81 this revival will come an entirely new
state of offuirH n every individual will
keep up his courage, be cheerful and put
forth bis best efforts, We will reach solid
basis in n surprisingly short time not next
spring, perhaps and possibly not next
fall but surely before the close of The new
ycar upon which we are row entering
mr. CAUTIOUS
According 70 another prominent local
banker. at this time, on tho threshold of
tho New Year those who dcal in money
as n business, through banks and othar
financial institutions ARE moro than usual
Il ehary Of going on record along prophetic
lines bearing IN mind the unsatisfactory
nature of such efforts IN tie past. on The
part Of themselves or of others. as Judged
hv the outcome
rRFafnrN1 wtRSra oF cHkHnFB oE Govt
urHrr OPTIMISTIC
4 - Warner president of the Cham
her uf Commerce IS vory optimistic as o.
improvement IA conditions after tive Or
three months of the dlHlcult times we are
now going through tie snld that ~ pres
cnt. the customary seasonal unempoy
meut heing augmented Nv the ahunrma
unemployment dua ~ tho temporary
closing Of aufna nduatrles would give tho
impression that Wilmington is facing
Distressing situation
/ am rnuGlent. however sad Nr
Warner. tbat tins ia only temporary and
ht. early return If Some of oar industries
r. partial Il not complete rcarm ption If
operations and the opening of outdoor
work will bring revival of reasonably
wholesome business conditions again
PROSPERITY tuTAp. sAYa ! = wrrLrv
.Iohn $ Mullln. eivthier Al sixth and
Market streets takes a h'iainossiso view
~ conditions he present IS period
II read jlstrnent which wea bound -
route. ho said ~ is the dutv If every
rItIzen - help iron put he kinks for a anlld
tasls for pew start
The United States now has tho great
rst bank reserves which thig coupfr. ~
the world has ever seen u has the great
cat crops that the country has ever pro
luerd IS the greatest creditor nation If
The world. there IS no reason vhv when
confidence is retsorcj that this couutr.
will uot sec n the nnar future areaf era
pf prosperity
pstfp sNErtENRuRa sErs anon nuRfvEsz
YEAR
David sneiienhurR head If che local
store. lreIs fhHt business
prospects for tho year are bright Ile aaid
tint the outlook for 1927 IS veYy prom
ietng ore lie 'esla shas the penpfe III shr
I nIted states haye wcathored the period
81 depreciation and deilatInn ard ihat
inflated values have heen gotten rld If
4 oauuot see any cloud that could 9oe-
sihly darkeu the houfou of husuess pros
peutv7 for the coming wear, ahe sald II
feel that merchants III particular have
-csltzed that r~1ces had 70 come down to 4
more reasonable buals and that they have
pceu DONG VERY shlnR 10 lIqudate TIE
s'Rhpnced stocks and taking their lossea
making It possible tar the public n get
goods A. lower nrices
Tor the lsst six months there has not
cen much huNnK By The retailers ADD s.
, consequence stocks ar depleted and