The Waterbury Democrat., 1931-12-30
Hope And Confidence Expressed d For Next
 Year By Forecasts
Business, Industrial and Banking Leaders of the Nation Give Their Views for Outlook of Coming Year, I932

electrical manufacturing business. H. T. Parson, president. r. w. Woolworth Col can see many signs of improvement and natural. ly look forward to better business after the first of the year.
 Harry F. Ward. president, Irving | Trust Col feel that we are Justi- fed In looking forward to 1882 with hope and confidence.
 H. A. Scandrctt, president. Chi cago, Milwaukee, St Paul and Pacific Railroad Col do not an. ticipate any decided upturn in bus- mess during the winter but hope improvement will become evident during the spring.
 w. D. Storey. president. Atchi- son, Topeka and santa Fe Railway | reveals no radical changes in the at this time.
 Alfred r. Sloan, Jr, president General Motors Corp-1n due course 1t (economlc machlnery) will be repaired and thereby strengthened. Joseph Wiltshire, president. stand. ard Brands, Incl faco the coming year with confidence and hopeful ness; don't care to make any predictions about the return oi prosperity because of the very good reason. 1 don't know. Francis H. Sisson, vice president Guaranty Trust Co-The old post war order has passed, and new order Is in the making.
 Alexander Hamilton Institute We enter the year. not out of the i woods---but sufficiently well on the Journey 10 know that a substantial part of the most difficult terrain has been travelled.
 Thomas j. Watson, president, International Business Machines Corp.--The industries of the coun- try should experience better re- suits in 1032. ,.,-.
 Harry r. Sinclair, chairman, Sin clair Consolidated oil Corp--It seems to me that the year closes with an improved outlook.
 Colby NJ. Chester, Jr, president General Foods Corp--rhe food In. dustry Is not doing much theoriz. ing about the future; it Is hard ai work, planning and mapping its course for the new year.
 Irving T. Bush, president. Bush Terminal Co--By fall. 1882, we will begin q new golden era. Colonel Leonard r. Ayres. vice president. Cleveland Trust Co., Prosperity will return when mll' lions of individual men and women resolutely grapple with existing conditions. and use them as q foundation from which to build | for the future.
 William o. o'Neil. president, General Tire and Rubber Col believe that 1O32 will be decided improvement on 1881 for business generally.
 John A. Bush. president. Brown Shoe Col believe that the new year will he a normal one for the St Louis shoe manufacturing bus mess.
 F. W. Beatty, chairman. Cana dian Pacific Railway-Canada' decks are we'll cleared for action and have no doubt that we shall be among the very first to profit by the return of thosc economic conditions under which this coun- try was able to secure a place In the forefront of nations.
 J. J. Policy, president, N. Y" N. H. & H. Railroad Co-There Is lit- tie value in any forecast that can now be made as to business re- vival in 1892
 Ernest T. Weir, chairman. Ma tional Steel Corp-The 1882 re- quirements for materials of all kinds could well be above the aver age of 1930-31.
 James C. Murray. president. Chi cago Board of Trade-lt Is growing incrc asing'y evident that sound founCatio is Icing formed for i'm proveG coGi.ion:. A. L. Dickinson, president, lndi- ara I.mc stone Co-A sound basis for prolonged upswing in building activity k heinz created.
 O. IL. Seagreaves, chairman, Re-- l, public Gas corp--The year just ended witnesses a continuation or the phenomenal expansion or the natural gas industry.
 Henry R. sutphen. president. na- tional Association of Engine ana Boat Manufacturers--The tb0at industry will enter 1882 conndent that the slightest uptrend In gem eral business nOcditions VIII nave an immediate and stimulating ef' feet.
 A. ". Robertson, chairman. Westinghouse Electric 4 Manufae- turing Co. Surveying broadly. the business outlook for is32. it seems io me that the plans and economic forces now at work all tend toward early stabillzation,
 Albert H. Morrill,, president, Kroger Grocery < Baking co-- There are no facts vlsltble to-day upon which to base statement that business ia recovering.
 Earl C. Sans. president. J. q. Penny cO.--~Isrices wlli be the strongest material factor in keep lnR business going during ipssi courage and the willingness Go ae. cept our own position VIII DO tns psychological hlgh.iishln.
 Ward Melville, president, Mel: vllla shoe Corp. Looking ahead Into ieag. business is dewn i1