New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1925-12-30
Chiefs Of Industry Con-
hdent Early Part Of
Year Will See Con-
tinued Activity.
Follow Policy of Not Pre-
dieting Too Far Ahead
Sound Conditions in
Nation Reported.

Captains of industry, leaders In
the mercantile world, directors OF
finance, and authorities on building
and in the realty market approach
the year 1926 with a spirit of opti-
mism, it was reflected today Z in
statements issued from various
sources.
The mercantile side OF New
Britain is dependent to great
measure on the prosperity OF the
city's industries. In anticipation Of
a good year in manufacturing the
merchants are celebrating upon
their stocks. Secretary Ralph L.
Gould of the Chamber of Com.
merce said today the policy in mer-
chandising next year will be to in
crease stocks to as great a point
as is consistent with good business
Secretary Gould said New Britain
Merchants are planning to beat
down competition by extending
their lines where possible.
Financial agencies report no
tightening in the money market.
Mortgage loans are being negoti-
ated with little difficulty and in
vestors are still active. brokerage
offices say.
Business Ought to BE Good
The first quarter Of the year
ought to be u very good one for
business and the second quarter is
likely to be-" Maurice Stanley, vice.
president and secretary of the Fafnir
Bearing Co., ventured.
Continuing, he said: I'VE don't
like to 20 much ahead of a three
month period in our speculations.
That's about the way we plan and do
business. In general, business in
1926 ought to be fairly good; per-
haps about the same as in 1925.
Our business depends almost entire
ly upon the automobile industry and,
of course, that is sometimes specu-
lative. But, for the first quarter of
1926. I look for good business"
Confident of Six Months Prosperity
Clarence f. Bennett. president of
the Stanley Works. looks for good
business for at least six months. He
regards 1925 as a good business
year and finds no cessation in regu-
lar activities as they affect general
trading. Whether the later months
of the year will be as good as the
first he would not attempt to fore
east. but he expressed feeling OF
confidence that there will be no ap-
preciable let-up for several months
at least.
1925 Year for So Gctters"
Those manufacturing concerns
which adopt Il policy of going after
business in 1926 will be rewarded
with good returns, in the opinion Of
President A. G.. Kimball of Landcrs,
Frary &, Clark, but whatever good
business is derived from the ap-
preaching year must be learned
business" he warns. The year 1925
was 4 good year because the profit
ing companies were -getters," he
explains. The conditions which
made possible good returns in the
current year are likely to extend in
to the New Yeark and should be ac-
companied by profitable returns to
industry. he feels.
Sees No slump Coming
The machine tool industry is not
operating up to capacity and proba-
bly, will not for some time to come,
but there is no indication that the
volume of business transacted in the
latter months Of 1925 will slump in
the first six months of 1926, Paul X.
Rogers, vice president and secretary
of the Skinner Chuck Co. believes.
While capacity production was
not the practice this year business
was regarded as very good, in fact
better than for many OF the preced-
ing years, Mr., Rogers explains. Pre-
dictions as to business after the first
six months could not be accurately
made at this time, he felt and he
would venture none.
Early Months of 1926 Favorable
The early months of 1926 are like
ly to witness a continuance of cur
rent business in the opinion of Pres
ident II. II. Pease of the New Brit
ain Machine Co. Mr.. Pease's obser-
vations are similar to those expressed
by several other manufacturers who
discussed the business outlook for
1926 today.
Good Year For Gray Iron
Twelve months of good business
are looked forward to by II. II.
Wheeler of the Union Manufacture
ing Co. Basing his conclusions on ad-
vices he has received while on busi-
ness trips into trading centers, upon
his observations of the financial and
political situations. he feels it is a
safe prediction that 1926 will be a
boom year for the gray iron indus
try, The year 1925 was but fair
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