The Washington times., 1926-06-30

nal, business here during the neat
half year.
eWhile there are certain fundas
mental causes and. effects IN ht1si-
ness fluctuations" said Capt. Julius
Peyser, president Of the Security
Savings and Commercial Bank,
psychology, also, plays part IN
sustaining or depressing. the line
of norIna1fty. AS we enter the
last half of 1925 it appears that
both fundamental causes and busi-
ness psychology point to prosperous
months ahead.
The development of Washington
In recent years and the continued
expansion of business for the first
six months of 1926 said President
r.. L. Sehreiner, OF the Bank of
Brightwood, lis all the evidence
necessary as 10 present business
conditions. see no. reason why
there should be any sIowing,up and
every reason why business during
the next six months should be even
better"
Vice President B. A. Bowles, of the
Potomac Savings Bank, indicated
that general business conditions
were basically good now and have
been good for the past six months.
Il look for business returns in
the next six months to exceed those
over the same period last year. he
declared today.
Savings on Increase
President Ezra Gould. " he
Washington Mechanics Savings
Bank, said:
II have made very careful
analytical investigation Of general
business conditions covering he past
SIX months. OF course, it Is re-
allied that the weather has not
been what We hoped for. but in.
spitesof this I find very little fault
finding on the part OF business
houses. Business conditions have
been much better in the first half
1926 and the continued growth of
tion Of prosperity. =
President Harry v. Haynes, Of
the Farmers, and Mechanics Ma
tionaI Bank, stated emphatically.
that the first six months earn
iags IN business have been above
normal"
sstEF W A41At1s tLtGIEs HEY JIG q 6ACChCA1A1A9
in some lines" he said, .in the
next six months. nevertheless, the
easiness in money which seems
apparent will remain with us for
the coming months and the in
dicafions are that business viii
progress about as usual.
The general condition of bust.
ness throughout the country is
healthy - was the comment of Presi-
dent Peter A., Drury. OF the Mer-
chants Bank and Trust Company,
"alid the underlying conditions
nationally are sound. 1t Is but
natural for washington to react
10 these influences and I be-
lieve that business has not been
below normal during the half year
Just closing and that it will follow
the general upward trend expected
in all sections during the remainder
Of the year.
During the first half of the
year" said President George White,
of the National Metropolitan Bank,
while the weather locally has been
somewhat against a large volume
Of trade. business nevertheless has
been good. AS TO the remainder OF
the year, the people have the
money to spend and it will be only
necessary to stimulate buying TO
maintain our trade activity at q
normally constant level"
Vice President C. H. Popes OF the
Munsey Trust Company, reviewing
the past six months and considering
the general business outlook, said:
There Is every reason for
optimism in regard to the future
in washington. and we may expect
nothing less than continued pros
perity."
Colonel Harper,s View
Possibly a summing UP OF the
situation can best be expressed in
tn, words of Col. Robert n. Harper,
president of the District National
Bank, who said:
THE business of the entire coun-
: ky has now reached normal condi.
lns. Prices of commodities and
q necessities, except in few
ccAs, have .secome stabilized. The
Md for money Is active, which
IN Neif Is proof positive Of In
Ncal agitation. both neces-
unnecessary, has ten.
oshcy keep certain classes OF
ouslnessNs an unsettled state Of
tidnu city has a future pre-,
onctu upN a stability of values
SUPERIOR, Npably, to any city in
tue onlceo Aates. Values here are
stapilzed an not of the boom
nature ana my be depended upon
70 go Ior,wardNO pm account Of the
ceftalnty OF future growth