The Washington times., 1923-12-31
GOOD BUSINESS
FOR NEW YEAR
FORECAST
Financial Editors of U. S. Are
Optimistic As They View
Trade Conditions.

Sound, prosperous conditions, no
boom or initiation, but increasing ex-
pansicn in trade and industry, are
among the features expe steG during
1924 by merchants, manufacturers
and heads of financial institutions.
This was made clear in an I'm
thoritative survey of the state Of
opinion concerning the outlook for
next year wired today to The Wash
ington Times by tie financial editors
Of leading afternoon newspapers Of
the country.
New York reports sentiment is
soli0Ifled for facing the New Year
without fear of deor1ssiGn, though.
business men are still inclined to be
cautious.
The Pacific COAT expects prosper.
GUS months to como. for at Holly
wood, near Los Angeles. plans are
being made 70 spend 500, 900, 900 in,
1924 for promoting the moving pic
tlIre industry. San Francisco re-
ports the oil, lumber and agricultural
conditions fast gett'n on their feet.
B',ston reports New England
manufacturers hopeful for the
future. Washington, neither an in.
dustrial nor manufacturing city, is
optimistic as surrounding prosperity
will be reflected there.
By MeGTyle Stanley Rulxeyser,
financial editor New York Evening
JoNrnal: New Workers face the
New Year unafraid, foreseeing no
depression. Expectations Of a rea-
sonably prosperous year are based
on the belief that America is to
a large extent self-contained. The
standard of living at home is on
q higher plane, making the domes-
tic market enormous. Prospects for
export trade to non European coun-
tries seem better and experts to Eu-
rope are believed to be near the
bottom. Banking conditions here
are sound and the supply of credit
IS abundant. Business men are
still inclined to proceed cautiously.
BY Frank HI. MeIOOn. financial
editor Boston American: Manufac-
turers in New England are very
nearly unanimous in forecasting a
good year ahead. None of them
looks for a great business boom.
however, and the feeling is that we
will do well If we run around the
figures of prosperity for the last
half of the current year. President
Howard Coonley, of Woolworth Man
ufacturing, head Of the Boston
chamber of Commerce, thinks the
new year will repeat 1923 with
greatest activity in the spring.
By Stephen p. TOadvine, finan.
cial editor. Syracuse Telegram: Bus
mess in Syracuse and Central New
York, as whole has enjoyed its
best year since 1919, while many
lines have had the biggest year in
history. There is every reason to
believe that this prosperity will ex-
tend into the New Year." Hurlbut
w. Smith, treasurer of the L. s.
Smith Typewriter Company, de-
clared today.
Merchants, builders, manufacture
ers and bankers expect a continu-
ance OF the good times which have
marked 1923 as a. banner year.
Many go so far as to predict still
better business, while the more con-
sentative except a continuance of
the trade which has set many rec
ords during the past year.
By w. w. Norton, financial edi-
tor. Detroit Times: Business out
look for 1924 unusually bright.
Banks have plenty of money. Manu-
facturers preparing for great ex.
pansion programs in New Year.
Construction broke all records.
Motor car makers looking forward
to a record year. Commercial and