The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-05-12
BUSINESS MEN
LOOKING 70
CONGRESS-
Washington Is Chief Cause of
liesitancyin Business, Say
Financial Writers
" Coanlopolltan NeMs servIee.

~ Cosmopolitan News service.
Although business uncertainties
throughout the country appear IN
part to. be due to q fear Of what
may happen In Washington. togeth-
er with the fact that business men
are disinclined to make forward
commitments until the outcome OF
the Presidential election becomes
clearer, seasonal factors are favor
able to the employment situation,
according to q survey made by n,
nanciak editors Of leading evening
newspapers and telegraphed 10 The
washington Times.
Reports indicate that labor ID
fairly well employed, especially In
the building trades, though there
has been a slight falling OFF in GER
tain lines Of employment since the
beginning OF the new year. The
construction program continues
heavy in all parts OF the country.
II The outlook for various crops, es-
pectaliy winter wheat, win be equal
% last years yield. Farmers in
Illinois and the Middle West are in
comfortable shape and more in
clined to pursue diversified farm.
Ing. In the East spring wheat
planting will probably be 10 per
cent smaller, but heavier crops OF
oats and corn win take up the re-
leased acreage.
BY b. l.. rooney, Financial Ed.
Cor Minneapolis Evening Tribune.
Crop prospects and prices are the
chief uncertainties that are effect
ing business In this territory. Al
normal farm purse is counted on to
give general trade needed impetus.
WnlIe there is no widespread I'M
employment In this section labor
conoittons IN general are only fair,
farmers have planted about the
usual acreage but have made some
shirts such as from wheat to corn.
xlax and more profitable grains.
BY FRANK H. MELOON. finan.
cial editor Boston American: ont.
eido OF the major New England
textile centers the labor Situation
~ the Northeastern States is verv
eatlSfactory. Farm crops generate
Wlu be around normal, aside from
potato planting, where Continued
nlgn prices have stimulated q steady
increase OF acreages. Business IN.
certainties appear to be due to 4
rear Of what may happen in several
directions In Washington and would
De speedily relieved BY adjournment
81 congress, provided the necessary
remedial Regulation along tax Re.
form lines were first enacted. y
BY MERRYLE STALEY RUKEY.
SER financial editor New York
Evening \JOurnaI: AbnOrTnaIIy AZ.
tive production in early winter had
Mlthin itself seeds Of present reac.
Elon. Moreover, business men have
Deen dtsinclined to make FORWARD
commitments, until the outcome Of
Lne presidential election becomes
cIearer. The hanging of the Mel.
ION tax reduction program In Con.
8reaS deprived business of a tonic
at the time when 1t was needed.
seasonal factors are favorable TO
the employment situation. Oufdoo,
building and allied trades take I'M
some OF the slack from other man.
ufacturing industries. T'''-
The outlook is for a winter wheat
crop equal to last years vieId
spring wheat planting win proba.
ply De 10 per cent smaller and the
area released IL going into oats.
rlax' corn and other crops.
BY GEORGE n McTNTvpr
FINANCIAL Editor Chicago Eveninr
!neEican-Buslness in every line
q Cnlcago, which has been proceed.
ING cautiously during the past year.
y even more cautious now. ovin,r
TO the uncertainty of FederaI IaeJss.
lation, the future of foreirn trsde
and the question Of whether the
three great supporting cauaaa ~
the business activity IN the last
year viii continue in the same Vol.
ume. These supports were the
railroad demand ror steel eouin.
ment. the great forward movement
OF building construction and the Rio
sales. a 80 .-'--
Labor here is still wen. ernuloved
especially In the building trades.
though there has been q slighi
shading of In certain lines OF en-.
ployment since the first Of the
year.
Farmers in Illinois and the Mia.
die West are in comfortable shane
and more inclined to pursue diyersi.
lied farming. The chicago Joint
land bank reports that the INSTALL
naents on loans due In April, IA per
cent were paid ahead Of maturity.
BY w. w. NORTON. Financial
Editor Detroit Times employment
showing constant decrease but on a
very small percentage compared to
total number OF men employed.
Building slowing somewhat. PIas.
terers on strike for $14 per day
and ftve-day week. Employers offer
81 per day for 44.hour week, The
men have been out since May / ana
affected other trades. Lathers want
$12' per day. Many rtinors az new
model cars ana price cuts but not
made officially. Claimed that Ford
will bring out new Lincoln model
to sell around $1,000. but not con-
firmed.