The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
TULSA OUTLOOK
PLEASES PETERS
City Is Closing Year in
Better Condition Than
Anticipated
BUSINESS STABILIZED
Development of Natural Re-
courses Insures Great
City Here

Asked for Q statement regarding
the prospects OF Tulsa for the en-
suing year, President Charles b.
Peters OF the Chamber Of Com
merce said:
while the past year has been at
times a strenuous one TO the great
oil industry which is 80 important TO
Tulsa, / believe we are closing the
year in a very much better condition
than had been anticipated and than
Ia generally understood. To q very
great extent the froth seems to he
of, the panicky feeling has subsid
ed business men and oil operators
know now exactly where they are,
business lines have been adjusted
20 meet present conditions, and there
IS a more solid substantial basis for
present operations, for credits, and
FOR future development than has ex-
isted for some time past. With these
conditions prevailing I can not see
hut that we will enter the new
year better fortified to meet the con-
ditions which arise than ever before.
The financial situation Is very
much improved. 1t will not be so
difficult TO secure funds for in
creased development. The oil mar
he-. when changing, will be for the
better for the producer and manu-
facturer. and this will make for in
creased employment and good
wages. During the year moro than
one thousand men Will be employed
on the water project alone for Tul-
sa, and the financed building and
development program OF more than
S22,000,000 will insure the years
prosperity for those who really want
10 work as well as for the mer-
chants.
The decided improvement con-
Etantly taking place in the agriCul-
tural sections of northeastern Okla
homa are adding permanent values
10 farm lands and a constant in
crease in production Of farm prod
ucts, dairy products and in live
stock: and the improvement in the
market for lead and zinc and the
demand for coal in Tulsa's trade
territory preclude the possibility of
p depression which has heretofore
existed in coal mining districts and
In the lead and zinc sections.
The development OF our hard
surface roads has made Tulsa the
outstanding county in the state, and
the extension of these highways
into other counties is now an as
sured fact for the near future.
81 think ] may safely say that
within a radius Of 100 miles OF Tul-
sa lie the greatest natural resources
10 be found anywhere on the AmecI-
can continent and II Is fortunately
hue that there is at this time no
depression in the market values of
-tra r1Tt ~ 90
sources. on the contrary there is
an upward trend in the markets all
along the line and this can not but
be beneficial to Tulsa. The census
report shows that the great devel-
opment OF Oklahoma during the past
J 0 years has been in the northeast
ern section, OF which Tulsa !g the
natural and logical trade center, and
20 the student of the resources OF
this section the fact is patent that
the development of these resources is
but in its infancy
with proper publicity, with the
dissemination nationally OF the real
facts pertaining to the possibilities
OF Tulsa and its trade territory
thousands Of enthusiastic people can
be brought here and the history OF
Tulsa Is that it cells itself to almost
100 per cent of it's visitors. and many
of them after a short stay decide TO
become permanent residents.
From every viewpoint / can see
only continued prosperity for that
city and for this section and unlesy
all the signs Of the times fail, 1925
viii set a new high water mark fol
Tulsa's progress. With the active
work OF the Chamber OF Commerce
and other civic organizations o.
Tulsa ana the splendid spirit of co
operation on the part OF the pres!
OF the city there is no reason why
thousands of visitors should no
come here during the next year. anC
OF many of these we may confidently
expect to make permanent citizens.