Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-12-31

to advance pricos in all limos. we
look for a year that will bc even
Ing"
Counting On Mig Yenr.
with greater volume of bu.Siness
than In 1921. tho Il. b. Taylor Com
pany. wholesale dealers Ia crDckcry
md household goods. In counting Oh
prosperous year In 1928
Although we had difficulty I'm yet
ting goods. which retarded our sales
to some cxtont. We had a bette year
in 1929 than in 1921" said J. l.. pol
ley. sa lesmanagor for the fr.m. We
certainly expect to hold our own In
1923 and the indications are shat we
VIII have a better year thar we had
In 1928.
The priccs arc moving npwuro
steadily and arc certain TO be nigh.
That Is due to tho demands ard Tho
cost OF labor that is being paid TO
both skilled and unskIlled labor and
the advance In price OF cruds ma
terIai.
Tho Improvement in cond lions
generally we attribute to the cont
dcnce of the buying public In ihe
merchants and tho fact that prices
arc being stabilized"
Zig Year for Hotels.
The hotels of Richmond arc look
ing forward to prosperous yoar.''
said James T. Disney. president nan
nger Of Murphy's Hotel. Judging
from the Improvement OF conG!tIUns
during tho last Few months ii this
year We have every reason To be-
iieHe that this improvement. wiIi In
crease in It23. II business Is i'm
proving there will naturally he more
men on the road ana peoi,lc viii
porous Many conventions are com
ing To Richmond in 1929 ana where
there + AN Increase In ira 81 ;hr
hotels. OF course. reap the Der nj"
MIR. Disney said tho 'srea qucs-
ton confronting the hotel a OF
this city ia that OF expense. They
continue nigh. he said. with T. price
OF coal figuring In every !tc,.
w. X. Williams. vico-prcsid Mt OF
the Grand Rapids tMIchJ. .>hov cu~e
Company who arrived in Rici .,uni
yesterday on n tour that has ,tir.i
him TO all parts of tho country suid
the outlook FOR 1923. everywhere. ~
bright.
There Is a marked impro. einon,
In tho south" said MIR. Wnliar, duo
10 the big prices the plant have
secured for their cotton and .,..r.
IL has relieved "A situation TT, Ia,
been serious. This year will 90 , tnt.
south IN pretty easy conditi' ana
look for 3a-c"nt cotton Def 9 an.
other year rolls around"
John Nj. Miller, Jr president Of
First Hational Bank. looks (" pros.
pcrity in 1923, he SAYS. bu. yarns
against ovrr-optim!sm
Crops in Virginia and Eorr caro-.
lima for 1929 were very satiY tory
In Virginia the average yir.d nor
acre OF all cru2s is ahou, per cent
above the average for tho pas; ten
years and tho value ~ Virginia crops
for 1922 Is estimated at SiSi, OO0. 900
against si3I.hoo.oco for 1871 he
said The tobacco crop in virginia
is not only greater In volume but th-
quality unusually good. Prices ap.
pear Ia he very satisfactory.
North Carolina is in n prosperous
condition with cotton crop OF over
$4,000 bales. which 10 probably
ahore tho normal average. Present
prices ara 20 TO - cents n pound.
The total crop OF tho South ls about
10000 600 bales which is several
million below the requiremca,s o,
the world. assuring for North caro-
lima continued nigh prices and con.
Ssau"nt prosperity
south Carolina and Georgia havc
only about 10 70 90 pcr cent Of ,ac
'''i 'lbp -! cotton ana IN con-
sequence. business Ia these States
VIII bc influenced accordingly
"Nnrth Carolina has produced "A
good tobacco crop ana has realized
good prices.
misunderstanding interests OF both
Nirginia and North Carolina appcnr
tn be prosperous. Tho iobhlng busi-
ness has shown steady Improvement
Retail trade from every section /.
reported good
Bank deposits In Virginia and
North Carolina Increased during the
past year some $4,000 900 while Dor
rowcd money In those two states
decreased nearly s70.000.C00
There is likely To be some scar
Guy in labor during the coming yea.
Labor seems 10 he fully employed.
but Il is probable that considerable
labor has left the South for the Mid
die West aud large cities Of the East;
THIS may effect un.avorahly. 20 some
extent. the production OF our fields
and factories during 1929
The transportation problem is
most Important Ne during the COM
ing Year. We cannot expect genera,
81,