Norwich bulletin., 1921-01-01
To all its readers this morning The Bulletin extends hearty best wishes for a happy and prosperous New Year.
TIE PAST YEAR,s RECORD.

Uncertainty in almost every line of ac- tiyity ill the past year. due 10 the read justment that is taking place. has not oyeFooked Norwich and this end of Con- uccticut, yet as the result of the annual survey made by The Bulletin in indus ;rlai and banking circles throughout the two eastern counties the year shows al Nlarger volume of business than last gear. There are spots where it has slumped and there are others where it has gained with the .e-ult that there is good margin of increase.
 There is significance in the report from the local postoffiee to the effect that re- ceipts for the past year have been great CT by $25,000 than in 1919, for the post office is invariably barometer of con- ditions
 Another telling guide are the trmsac- tions of the national banks, where sub stantial gains have been made in the last few. years, and which gain the years figures show has not only been main tained but greatly increased. For the ten year period there has been . doubling of the business or gain worth nothing.
 The savings bank statistics show that the people have not only been making money but that they have been saving it in spite of the high cost of living, and this is true throughout the two counties where deposits have increased at better than million year for the decade, even though the depositors have also been buying government securities. On the turnovers for the year big increase fl noted.
 A gain that has been made in an en. tirely differerA direction must not bt overlooked. During ths year there wa. expended on good roads sum in ex cess of two-thirds of a million,S fac which puts a5 of the towns in bette communication with their neighbors Iana the rest of the state. which advantag will be still further improved as nine . the ineompleted projects are finished.
 Industrially there have been, higl spots and low spots. The cotton an, woolen industries have felt the chang while silk and velvet mills. paper an production. though increased wages i certain lines have been accompanied wit decrease in the value of the goods pre- Hueed.
 in view of the changes that are b5 lng experienced in the getting back hermalcy, the resumption of operation in factories which have been closed c almost closed, and the increasing ( running time even though at reduce wage there IS promise that the-reaf justment is going to be accomplishe without serious effects, if present da conditions are a basis for judgment.
 Eastern Connecticut Is gradually ge ting recognition for it's facilities It forging ahead persistently and steadil Ii didn't experience an abnormal mus room growth during the war and therefore has not been as hard hit fro the reaction as some other sections.
 The New Year is anticipated with eo fdence. Much is expected locally fro tho reorganized> chamber of commer and much can be done by each comm nity for the advancement Of it's inte ests and the development not only
 themselves but of each other by stan ing and working for the utilization of t many advantages of Eastern Connectic and a development of it's industrial 4 agricultural opportunities