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

TO advance pricos In oil limos. We
LOOK for year that Will be even
Ing"
Counting On Mig Yenr.
with greater volume of business
than In 1921. the IL. b. Taylor Com
pany. wholesale dealers In crIckery
and household goods. is counting on
prosperous year I'm 1923
Although we had difficulty I'm yet :
ting goods. which retarded our sales
TO some extent. We had "A betr or year
IN 1922 than In 1921" said J. D. Pol
ley. salesmanager for the hr,m. We
certainly expect to hold our own in
1929 and the indications are shat VIC
VIII have better year thai We had
In 1923.
The prices arc moving rpwaro
steadily and arc certain to be high
That Is due to tho demands ard ,hs
cost OF laeor that is being pa id to
both skilled and unskilled labor and
the advance In price OF crudb ma.
terial
The Improvement in cond I,!ons
generally we attribute to the conf
dence OF the buying public In tho
merchants aud tho fact that prices
arc being stabilizcd.'
Zig Yenr for Hotels.
The hotels OF Richmond arc look
ing forward TO prosperous year.
shid james L. Disney, president man.
agcr OF Murphy's Hotel Judging
from the Improvement OF conG.uons
during the last few months al this
year VIC have every reason to be-
lleVe that this improvement. wan In
crease In 1873. II business Is i'm
proving there will naturally he more
men on the road and peoi,lc WIN
Z
porous. Many conventions are com
ing TO Richmond in 1921 ana where
there l. AN increase In ira ~ IN"
hott!" OF course. reap the Der nj"
Mr.. Disney said tho 'Grca qucs.
ton confronting the hotel n OF
this city ia that OF expense. Thry
continue high. hc said. with e pric.
OF coal figuring In every ite.
W. Is. Williams. vico-prcsid mt OF
the Grand Rapids 6Mich) >hov Gaze
Company. who arrived in Rici ,ond
yesterday on "a tour that has ,ri.d
hm to all parts of the country .uid
The outlook for 1929. everywhere, Is
bright.
'Thcr" is marked impro. e,ucnt
in tho south" said MIR. WillIari. duo
10 tho biz prices the plant have
secured for their cotton and -. .,.,o.
II has relieved situation II, ha.
been serious. This year will 90 III.
South in pretty easy conditi. ,ad !
look for 3a-ccnt cotton bcf :, an.
other year rolls around"
John NJ. Miller. Jr.. prcsi, .n, Of
First national Bank. looks I" pros.
pcrity in 1923 he says. bu. warns
against ovcr-optim!sm.~
Crops IN Virginia and &orr caro-.
lima for 1922 were very sntis story.
In virginia the average yie.d nor
acre OF al crops is ahou, j per cent
above the average for tho pas, ton
years and the value Of Virg ia crops
for 1879 Is estimated at ISL. 900. 900
against sl3l.06O. 600 for 1921" he
said. The tobacco crop in virginia
is not only greater in volume but tn.
quality unusually good Prices APP
pear TO be very satisfactory.
condition with cotton crop OF over
$4,000 bales. which ~ probably
above the normal average Present
prices AFRO % To- g cents a Mound
The total crop OF tho south Is abou,
lp.Ooo.ooo bales. which Is several
million below the requirements Of
the world. assuring for North caro-
lima continued high prices and CON
scqu"nt prosperity
South Carolina and Georgia have
only about - to 80 pcr cent OF ,ae
normal crop 81 cotton and in con-
sequence. business In these States
Diil be Influenced accordingly
NORTH Carolina has produced n
good tobacco crop and has realized
good prices.
misunderstanding interests OF both
Nirginla and North Carolina appear
Ia be prosperous, Tho jobLing bust
ness has shown steady improvements.
Retail trade from every section Is
reported good.
Bank deposits In Virginia and
North Carolina Increased during the
past year some 1000. 900. while bDi-
rowcd money In those two States
decreased nearly sio.QO0.CO0
There il likely To be some scar
Guy in labor during the coming yea,
Labor seems to be fully employed.
hut Il is probable that considerable
"a Dor has left the South for tho Mid
die West and large cities Of tho East.
This may effect un:avorahly. % come
extent. the production Of our fields
and factories during 1929.
The transportation problem Is "a
most important Ne during tho COM
ing year. We cannot expect genera.
proHpcrfy unless we have better