Omaha daily bee., 1897-08-05
PROSPERITY POINTERS.

New York World: II there really is a
speculative pool out west engaged In helping
/ the price OF wheat upward II has chosen a
time !Jr its operations unusually favorable
To the farmers. Ordinarily the gamblers in
, futures walt till most Of the wheat is out
OF the hands OF the producers but this year
the actual grain growers are receiving an
enormous benefit from the advance.
Charlotte On. c. Observer: The condition
OF thS section OF the country as reported
ny commercial travellers experts In the
| knowledge, is such as should effectually
smother the screech of the calamity howler
I Crop prospects have never been better; the
people are out OF debt to a great extent:
farm products are bringing, aud promise to
oring good prices; the merchant is hopeful
the farmer favored OF heaven the artisan
contented and the whole southland is
blessed
Minneapolis Times; II really looks as II
the republican party was once more i'm luck
me conditions Of the country give better
promise Of Improvement than al any time
! during the past three or four yoars There
are sun many men out OF work especially
IN the cities. ana the amount of actual dis
tress In many sections is considerable But
.nere really seems good ground to hope for
uetter times In the near future. The condi-
lions both at home and abroad encourage
this belief
chicago Inter Ocean: There is no doubt
that the skies in the business world are
growing brighter The great crops through
out the country and the increased demand
Tor them have not only advanced prices. but
have made the crop movement much more
active. The new tarff law which practiclIy
lhSufes the government against future def
CltS also EiyeSeCOntidonCe to everybody aud
there is disposition on the part of capital-
ISIS 10 invest in new enterprises. All these
things make an assurance of good times in
the near future. But this shouting all slong
the line that the boom is on and that every
thlng is lovely is not well-founded, nor is it
wise
Boston Globe The fact that the grain
crop OIL the west is immense, the shortage
great in Europe, and the. visible supply in
Other exporting countries meager has no
more to do with the tariG than with the
blhomial theory. But as evidence of pros-
perity it makes little difference what party
may proth by it, Such it certainly is with
the result that export wheat jumped up last
week, with charters which imply 1000 600
bushes ready for export. Many ocean
freight carriers were said to be leaving Eng
llsh ports in ballast for this country to load
cargoes of grain. The total charters in two
weeks are estimated to represent 10000. 900
bushels.
Denver News While we are not predict
ing boom" in the 1887 sense of the word
II Is safe to assert that a wonderful growth
OF business is fairly in sight. Not since the
year lSI9-the year which witnessed the easy
t'S'oi atloh vi specie paymentS-haS the
American farmer had such markets for his
crops nor prices which equal the average
now offered. This advances the position of
the farmer as a commodity buyer and this in
turn gives orders to the manufacturer work
to the mechanic, and business to the mer-
camille classes. 1t has already advanced
Rock Island earnings 5000 per month as
compared with last year, given the Union
Pacihc fresh reason to believe that life is
worth living. and promoted-in the space of
ten days-St. Paul stock from "A to SO per
share, Burlington from 73 to 80. and the
less known shares in proportion. The
strength of the nation rests in the soil. The
Thanksgiving of 1897 should commence now
and continue indefinitely.
Washington Star: Preparations are being
made at the large Atlantic ports for un-
usually heavy shipments of grain to Europe
from America. dispatch printed yesterday
in the Star stated that upward of forty yes
sells are now under charter for this purpose
and from all indications there will soon be a
tremendous movement OF food-stuffs and
other products from these shores This
phenomenon, due to the condition of the
worlds markets, necessarily affects the bal
ance OF trade. The balance was held on the
other side of the Atlantic for long time and
this fact largely caused the drain upon the
American gold supply. The shifting of the
shipments will bring floods OF money into this
country, contributing to the era of prosper
ity now assured. The heavy mortgage
liquidations by the western farmers indicate
the Improvement in their condition and the
announcements from the sea ports bring
tokens of good reasons for believing that the
good times are at hand.