The Daily Banner, Greencastle, Putnam County, 1 January 1932 — Page 3

I

PAGE* r.

THL DAILy BANKER, GREENCASTLE, INDIANA, FRIDAY, JANUARY 1,1932.

Best Wishes For 1932

fVVjE welcom (he opportunity to Iggaal evidence c Ir g-ood wishes to the many frit its who have favored us with thlr patronage, and to extend to th|m the heartiest greeings for tli| New Year. • I HANDY’S Sanitaiy Dairy *4*+**+*+*«•+*<>

NEXT. YEAR'S • OUTLOOK IS FORECASTED

IMPORT Ain LEADERS IN INDUSTRIAL WORLD GIVE ADVANCE OPINIONS

IMPROVEMENT SIGNS SEEN

Several Leaders Believe Business Will Be On Par With 1931 While Others 9:e Upturn

TRY A BANNER CLASIFIED FOR RESULTS

Following is a collection of opinion of some of the most important leaders In the American industrial world regarding their views of wext

year’s outlook:

Gerard Swope, president. General EelctiTe Co.—We think that condlioc in our country in 1932 should be at least as good as in 1931, after which we can look forward to gradual increase in the electrical manufacturing business. H. I. Parson, president. F. W. Woolwcrth Co.—I can s<e many signs of improvement and naturally look forward to better business after th« first of the year. Harry E. Ward, president, Irving Trust Co.—I feel that we are justified in looking forward to 1932 with ! hope and confidence. H. A. Bcandrett, president, Chicago Milwaukee, S’.. Paul A Pacific Rail road Co.—I do not anticipate any decided upturn in business during the winter but hope improvement will become evident during the spring. W. V. Storey, president, Atchison, Tcpeka & Santa Fe Railway system :—The outlook for next year reveals no radical changes in the picture far as can be discerned at this time. Alfred P. Sloan, Jr., president, General Motors Corp.—In due course it (economic machinery) will be repaired and thereby strengthened. Joseph Wilshire, president. Stan

A Hippy and Prosperous New Year

1 his if n age-old greeting that will be exchanged many, mly times at this season of the year. More than ever befd* the wish will come more from the hart than from thetas. The return of complete happiness and sound pijperity is dependent upon the satisfactory solution tpresent world problems. These problems will only be s«ed by the intelligent application of trained minds, j Some (^hese difficulties will be removed within the next twelmonths, but many will require years to solve. There mi) necessarily be a continual improvement of intclligeij from one generation to the next if constant progressl to be maintained by our civilization. The source onis intelligence is to be found in the colleges and univlities of today, where annual graduation exercises sa trained men and women into the world to do a work, lePauw University Right It at home, in Greencastle, Putnam County, i* on“ of tho ff>cintB from which (ho trainer' leaders of tomorrow will come Whether the n-. w eri«e in 1932, the year efter or ten years from now, the need for keen minda to .olv^.tiona either of a depression or a period of prosperity, is a constant one. Now is tUie to prepare either for leadership or an intelligent followship. Enr| in DePauw Second Semester Begins February 1, 1932.

liberal «..I I. ( I

j-i G. BROMLEY OXNAM

President

SCHOOL OF MUSIC

invigate DePauw University First"

dard Brands, Inc.—I face the com- f ng year with confidence Ad hope- ’ fuln’ess; I don’t care to make any predictions about the return of prosperity because of tl?e very good reason, I dem’t know. Francis H. Sisson, vice-president. Guaranty Trust Co.—The old post war order has passed, and a new or. der is in the maki-ng. Alexander Hamilton Institute— We enter the year, not out of the woods—but sufficiently well on the journey to know that a substantial part of the most difficult terrain has been traveled. Thomas J. Watson, president, International Business Machines Corp. The industries of the country should experience better results in 1932. Harry F. Sinclair, chairman, Sinclair Consolidated Oil Corp.—It It seems to me that the year closes with an improved outlook. Colby M. Chester. Jr., president. General Foods Corp.—The food industry is not doing much theorizing about the future: it is hard at work, planning and mapping its course for the new year. Irving T. Bush, president. Bush) Terminal Co.—By fall, 1932, we will begin a new golden era. Col. Leonard P. Ayres, vice president, Cleveland Trust Co.—Prosperity will return when millions of individaul men and women resolutely grapple with existing conditions, and use them as a foundation! from which to build for the future. William O. O’Kell, president. Geno ral Tire & Rubber Co.—I believe that 1932 will be a derided improvement on 1931 for business generally. John A. Bush, president, Brown Shoe Co.—I believe that th“ new rear will be a nnmal one for the St. Louis shoe manufacturing business. E. W. Beatty, chairman. Canadian Pacific Railway—Canada's decks are well cleared of or action and I have no doubt that we shall be among the very first to profit by the return of those economic conditions under which this country was able to secure a place In the forefront of nations. J. J. Pel ley, president, N. Y.. N. H. & H. Railroad Co.—There Is little value in any forecast that can now be made ns to business revival In 1932. Ernest T. Weir, chairman. National Steel Corp.—The 1932 rtqulre- : merits lor materials of all kinds could (well be above the average of 1930-

131.

I Janies C Murray, president, ChiI cago B ard of Trade—It is growing increasingly evident that a sound foundation is being formed for improved conditions. A. E. Dickinson, president, Indiana Limestone Co.—A sound basis for a prolonged upswing in building activity is being created. O. R. Seagraves, chairman. RepubIcl Gas Corp.—The year just ende.i witnessed a eontinua'tlon of the phenomenal expansion of the natural gas industry. Henry R. Sutphen, president. National Association of Engine and Boat manufacturers—The industry will enter 1932 confident that the slightest uptrend in gi neral business conditions will have an immediate and stimulating effect. A W. Robertson, chairman, Westinghouse Electric & Manufactui'iig Co.—Surveying broadly, the butlnes. outlool. for 1932, it seems to m? that the plans and economic forces now at work all tend toward early stabilization. Albert H. Morrill, president, Kroger Grocery A Baking Co.—There are no facts visible today upon which to base statement that business is recovering. Earl C. Sams, president, J. C. Penney Co.—Prices will be the strong material factor In keeping busii'.ess going during 1932; courageness to accept our own position will be the psychological highlights. Ward Melville, president, Mtlvlllc Shoe Corp.—Looking ahead into 1932, business to down to bi.iss tacks.

The Central Bank

and

Central Trust Co* For 1931 and Future Years Pledge Depositors:

1. Continuation of our 48 year old policy of sound banking principles, 2. Confidence in the sound values and conditions of this community. 3. Belief in the integrity, ability and character of our citizens. 4. Faith in the virtues of individual thrift and industry.

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Robert Sweeney Dais’ McFarland Lawrence Alvord, courthouse 1 i!*n, Hoffman

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^The Safest f*lacc In Putnam County'

I ht above i> a reproduction of our advertisement printed one year ago today. Since then much water has gone under tiie bridge. Nevertheless we have not had occasion to change our feeling of confidence as expressed above and for the year 1932 we renew our pledge.

I’oiiut. Farm Bureau National Broad Co.

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