Evening star., 1922-12-11
statesmen PREDICT
/: RECORDS IN 1928
Men on Road Get Orders
Which Indicate Great Pros
perity Next Year.
BY J. c. ROYLE.
pecial Dispatch to The Stal

special Dispatch to The Star.
NEW YORK. December 11.-Fewer
statesmen are on the road today than
there were at this time last year. but
they are better statesmen, and they are
turning in wonderful! volume OF orders
for next spring. The trend Of this fu-
lure business has loosened the purse
strings OF capital. and money today Is
readily available for expansion Of in
dustrial activities
This is particularly evident IN auto
mobile manufacture. according to dis
patches received today from expert De-
troit sources. The prospect for business
in the automobile industry in 1928 Is SO
promising that capital is being offered
10 finance makers Of certain cars. who.
month ago. seemed headed for the
financial graveyard.
Several companies in that section are
in the hands of receivers, and several
others are on the brink of receiver
ship. yet at the same time new COM
panies are being organized in the face
81 what may be year Of the most
ever known.
Weak Firms May Fail.
Automotive engineers and experts de-
clared today that the answer and the
salvation Of the industry depends on
management. They point out for ex-
ample that the Hudson Motor Car Com
pany with less floor space this year
turned out twice as many cars as last
year and did SO on less capital.
Ii is conceded that 1923 may see
the elimination Of some of the small
er and weaker companies. but ex.
perts asser, that it is mistake to
assume that many of the small COM
panieS or So-called assembled car
manufacturers are going out of busi-
ness.
Another logical step in the Ford
plan to make that company independ'
announcement that a glass plant
making products used on Ford cars
will he established at the River Rouge
plant 1t is estimated that the in
the last year has added s2.4oO.000 a
week to the buying power OF that
con,nunitv.
The sales Of the woolworth 5 and
1n cent stores are expected to exceed
si5.oo0,ooo this month. which will
bring the total sales for the year
10 over si50.o00.000. Other chain
stores Of similar character also will
show startling Improvement over
1921
S1net MAKERS eSpeCldllN tn'' IEdHu"
facturers of finished products in the
Youngstown district. are booked In
some cases six months ahead. The
Standard Tank Car Company has
enough orders to run at capacity
until June if no new business were
10 come in
steel and Rail Outlook.
Railroads are moving record amount
Of freight and the ordering of new
equipment is unchecked in anticipation
os continued heavy business next year.
The position of growers of sugar heets
continues to improve. About $2.00o.oo0
will be distributed to growers by the
Great Western Sugar Company before
christmas. This will represent an addi-
fional 81 ton on the beets. which were
sold on a sliding scale guaranteeing at
least s5 a ton. Farmers already had re-
ceived payment on the SIS basis.
News OF the British cotton industry
continues to be discouraging- About
10000 looms have been stopped IN the
Manchester district. The. trend OF Irish
linens abroad IS slightly lower.
Zinc and copper are occupying strong
amounts going to foreign buyers while
local consumers are putting out larger
inquiries.
candy is in demand in every section,
with confectonerS working their fac
tories at top speed. Many Of them. how
ever, are holding off from purchases Of
sugar in the hope that prices will be
lower. The wholesale grocery trade
throughout the country Ia showing de-
cded improvement, largely due to better
credit conditions.