Chiefs of trade and industry face 1928 confidently
Business leaders express optimism for 1928 across agriculture insurance milling theater lumber and manufacturing. John A. Brunnell foresees agricultural prospects while Edward D. Duffield expects more life insurance and lower lapse rates. Theopponents see a strong year for theater and diverse industries with leaders like Thad Hoffman Lee Shubert and Du Pont executives forecasting better conditions.
MENTIONED IN THIS ARTICLE
Edward D. Duffield
Prudential Insurance Company of America
Thad L. Hoffman
Kansas Flour Mills Corporation
Lee Shubert
Shubert Theatrical Company
R. A. Long
Long-Bell Lumber Company
Lewis E Pierson
Chamber of Commerce of the
United States
FE. M Herr
Westinghouse Electric and Manufacturing Company
Trenee du Pont
E. TI. du Pont de Vemours Company
Copper Industry Sees Sound Basis for 1928
The copper industry enters 1928 with a favorable outlook as stocks shrink and demand rises. Production and consumption balance, Europe’s recovery adds to exports, and US banks and markets support stability. Prices improved through late 1927 into early 1928 despite storage increases and a price dip in February.
MENTIONED IN THIS ARTICLE
Cornelius F. Kelley
Anaconda Copper Mining Company
Associated Press New York
Europe
North
South America
Automotive industry outlook and 1928 prospects
Detroit from the associates notes the 1927-1928 auto market remains strong in trucks and overseas sales, with 1928 expected to surpass prior years. Life insurance in Newark predicts sustained growth, lower lapse rates, and cost efficiency, while lumber and sugar sectors anticipate higher demand and favorable weather conditions for 1928 crops.
MENTIONED IN THIS ARTICLE
Prudential Insurance Company of America
Newark
N. J
Life Insurance
Kohala
Banking Outlook for 1928 Says Economy Is Balanced
President of the American Bankers Association describes a highly developed economy with three major components producing wealth for all 115,000,000 people. He notes efficient factories and evolving coal, oil, farming, and railroad sectors while forecasting solutions through economic methods rather than politics.
MENTIONED IN THIS ARTICLE
Thomas R. Preston
American Bankers’ Association
Associated Press
New York
America
The Steel Industry Outlook for 1928
New York reports a tempered optimism for 1928 as steel demand should rise with stable prices. Production in 1927 near 43 million tons, 8 percent below 1926, with most output for direct consumption and few surplus stocks. Strong finances and cooperative labor relations support a continued trade revival across railroads, construction, oil, gas, automotive, and related sectors.
MENTIONED IN THIS ARTICLE
Bethlehem Steel Corporation
Associated Press
New York
Federal Reserve System
Oil Production Surges in 1927 Driven by Seminole West Texas and California
The Associated Press reports 1926 reserve stocks fell slightly while 1927 output rose above daily needs. Seminole led with 137 million barrels, West Texas grew from 30 000 to over 240 000 barrels daily, California saw big gains from Seal Beach and a Long Beach sand discovery. Consumption rose by 46 million barrels.
MENTIONED IN THIS ARTICLE
Standard Oil Co
N. J
Associated Press
New York
West Texas
California
Seal Beach
Long Beach
Railroads Outlook for 1928 From P E Crowley
The year 1927 closed with railroad prosperity and solid operation. Railroads report good physical condition, efficient rolling stock, and strong cooperation with shippers and consignees. Car shortages have vanished and financing should be easier if needed, with equipment expenditures remaining normal. Consolidations made small progress. a broader solution depends on legal changes. Overall, a prosperous year ahead for railroads and business.
MENTIONED IN THIS ARTICLE
P. E. Crowley
New York Central Lines
Ivy
Associated Press
NEW York
Goodyear Tire Prospects Highlighted in Afton Report
A brief Associated Press dispatch from Afton Ohio outlines Goodyear Tire and Rubber prospects as industry conditions shift. President P W Litchfield comments on market trends and potential impacts on production and employment.
MENTIONED IN THIS ARTICLE
P. W. Litchfield
Goodyear Tire and Rubber Company
Associated Press
Afton
Ohio
Farm Prices Rise as Farmers See Hopeful Outlook
Chicago report notes farmer purchasing power at multi year highs and farm products fetching higher prices than a year ago. Cotton corn and cattle markets boost prosperity while wheat remains dips due to large crops. Suggests correction through diversified farming and education, not artificial price-raising legislation.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Associated Press
Chicago
Chemical Industry Forecast for 1928 by E I du Pont
Irene du Pont of Du Pont predicts a rising chemical industry in 1928 tied to general business conditions. She notes no major clouds beyond the presidential election uncertainty and expresses hope for stable policy and nonpanic business leadership guiding prosperity.
MENTIONED IN THIS ARTICLE
Irenee DU Pont
E. I. du Pont de Nemours and Company
Associated Press
Wilmington
Del
United States
Coolidge
The Chamber's View By LEWIS E PIERSON 1927 1928 Outlook
Washington notes the business situation in the United States remains sound as 1927 ends. The Chamber of Commerce expects 1928 to continue to show improvement driven by continued business effort and courage after six years of decline. Some late 1927 recession is noted but not a full reaction with gains in other industries offsetting weaker sectors.
MENTIONED IN THIS ARTICLE
Trade Association
Europe
United States
Lewis E. Pierson
Chamber of Commerce of the
Associated Press
Washington
Electrical Goods By E M Herr President Westinghouse
New York reports a fair year for the electrical industry with cold weather dampening fan motor sales and fierce competition lowering profits. Electric refrigerators gain rapid home adoption while electric motors and heating expand industrial use. Rail electrification progresses slowly but is expected to grow, signaling continued prosperity and a rise in 1928 business volume.
MENTIONED IN THIS ARTICLE
E. M. Herr
Westinghouse Electric and Manufacturing Company
Associated Press
New York
Milling in Kansas Sees Revival After War Construction
The Kansas flour milling industry, after World War I reconstruction, moves from overcapacity to closer alignment with demand as new mills rise and old ones trim. Bakers adopt better flour and bread quality, signaling improved outlook for 1928.
MENTIONED IN THIS ARTICLE
Thad L. Hoffman
Kansas Flour Mills Corporation
Kansas City
Theater Outlook Promises Prosperous 1928 Season
The Shubert Organization reports strong 1928 prospects for U S theaters with improving business across industries. Legitimate houses are financially solid, demand for drama grows, and many new beautiful structures support a booked solid year nationwide.
MENTIONED IN THIS ARTICLE
Lee Shubert
Shubert Theatrical Company
New York
New York City
United States
Lumber Oversupply By R. A. Long
R A Long chairman of Long Bell Lumber discusses 1927 lumber production. He notes output did not exceed normal demand but did exceed actual demand due to floods, unusual weather, and late crops, affecting markets in Kansas City Missouri and beyond.
MENTIONED IN THIS ARTICLE
R. A. Long
Long-Bell Lumber Company
Associated Press
Kansas City
Motor Car Outlook for 1928 from Willys-Overland President
The Willys-Overland Company president in Toledo predicts a strong early 1928 for the auto industry. He notes the previous downturn in auto buying has ended and orders are rising across branches and dealers.
MENTIONED IN THIS ARTICLE
Willys-Overland Company
Associated Press
Toledo
Ohio
Hawaiian Sugar Industry Seeks Steady 1928 Improvements
Honolulu reports a cautious outlook for the Hawaiian sugar industry in 1928. Officials expect gradual gains across several lines, focusing on steady progress rather than dramatic changes.
MENTIONED IN THIS ARTICLE
Hawaiian Sugar Planters’ Association
Associated Press
Honolulu
Farmers See 1928 Prospects Improve For Livestock
A. P. report from Topeka notes better farmer finances across multiple states. Livestock dairy and poultry returns may rise by about half a billion dollars from 1926 to 1927, while crop totals hold steady with price gains. Widespread winter wheat planting shows promise though some regions need moisture.
MENTIONED IN THIS ARTICLE
J. F. Jarrell
Atchison, Topeka & Santa Fe Railway
Associated Press
Topeka
Kan
Ilinois
Iowa
Missouri
Kansas
Nebraska
Oklahoma
Texas
Louisiana
Colorado
New Mexico
Arizona
California
Sant Fe
Agricultural Development Department
Bradstreet 1927 Review Highlights Mixed Trade and Markets
Bradstreet notes 1927 saw mixed trade results with heavier industries stagnant after early-year gains. Financial and speculative markets reached new highs while agriculture benefited from rising farm prices and record cotton consumption, despite floods and weather delays. Bank failures fell, gold exports surged, and the national debt dropped over a billion dollars.
MENTIONED IN THIS ARTICLE
Bradstreet’s
Vermont
Training husbands to share home duties urged
Miss Louise J. Lahr, director of home economics at Southwestern Louisiana Institute in Lafayette, La., says husbands should be trained. She recommends courses in home economies for men so they understand what their wives endure.
MENTIONED IN THIS ARTICLE
Louise J. Lahr
Southwestern Louisiana Institute
Lafayette
Also Mentioned on This Page
John A. Brunnell
Mexico
Automotive Industry
Alfred P. Sloan JR
General Motors Corporation
Irers
Detroit
General Motors
Steel Industry
Eugene G. Grace
W. C. Teagle
John A. Bunnell
Chemical Industry
Motor Car Outlook
John N. Willys
Hamilton P. Agee
Bradstreet Agency
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