Owingsville outlook. [volume] (Owingsville, Ky.) 1879-192?, 1898-08-11

States during the past twelve months
sold for about Is much a. the whole
crop was worth in 1888 '94-'s5. While
the agricultural exports OF the past .
twelve months reach the neighbour T
hood Of 300, 0Co, 900, by far the great
est ON record, this was largely due to
the phenomenal crop shortage
abroad. Hence the American Agri-
culturist bases its conclusions on the ,
past two-year and fuur-year periods
rather than on a single seasons ex-
eeptiOnal conditions. 1t compares
the last four years agriculture and
export with those of 1881, which
ushered in the brilliant prosperity of
the early eighties, and concludes: -
I'VE look for an Industrial activity
early this fall quite unparalleled, witt
quick markets at home and abroaf
for the surplus of American farI
We find no reason to anticipate hH
er or fancy prices for produce, b.
with economy in marketing and pre-
ductiou brought about By recent i'm
prOvements and having regard also
To the cbeapness of manufactures
(also due to inventions) and the ease
of money, our deliberate conviction
| Is that the American farmer is to
have the largest prosperity he ever
enjoyed. This forecast is measured
by the standard Of the present, by
the exchanGable power of farm pro-
duets for products OF labor in other
vacations"
The balance Of trade in favor of the
United States during the past two
years Is more than 100000, 600.
From resumption of specie payments
up to July /, 1885, the United States
have imported some s5O,OOO,OOO
worth OF gold more than it has ex-
ported, to say nothing of the large
additions of gold from American
mines, amounting to from $50, go OOo
to 5o,cooOO yearly. T6>s,Yith ,hes
immense excess Of merchandise 60
ports may well raise the ques
whether the United States LSXe
practically paid NJ their II eign %
legations, what they owe abroad be-
ing offset D. what foreigners owe our
people, so that the United States NAV
enter upon the new century as a
creditor nation.
There is brilliant promise for the
largest tonnage of crops this year
over produced in America. Prices
bid fair to be reasonably well main
tanned, compared with the low values
of lsJ2-'H5, indicating total return
= from staple crops alone of 81 ,OOO, OOO,-
UO more this season than last year.
Railroads may justly expect large
traffic, and some remarkable figures
are given as to the earning capacity
ofrailrOads under assured conditions.
: Even ii the world should have q
bumper wheat crop, its supply for
the two years ending July 30 next
would he some IOO,CIO,GO less than
for the previous two-year period of
q advancing prices, indicating that the
fair prices raid Tor the 1886 crop (from
: ~ 10 g csuts "a; Chicagog ara likely
Ter the Present crop.
The aly9lce ~ the vaiGs of agri-
: cultural land IS noticeable, with a
+ more G.Jjvs g.dl, d -,u.rd Tor i'm
p proved iar; j. Vi, e The compar-
! S5:S" acaI,i;. of public land. The
1--we stock ;ud'l,:-.' Is again flourish
i.", With . r:Cat revival in tie
nr", -'i1g Of ;raroue Hl'r.d stock. Sss)
70 AID go i-ai4s tcsgsr,iy paid for
= '.cy.I.,..; animals cc e., lest beef
y LI,ej, AMI g., ..:..h a. F.,lsv fuf 4 bull
'aad ;;,-,>i .lr q COW.
THE Strongest possible eorfrina-
...ou Il 81. -. u.ts and future pros
D., Ve,.s,' s1ys yhc american Agricul-
, tugi.., Is Afforded ty our returns
4 from the Lee cling arins in all branch
, - IF he agricultural trade, partic.
3, Uia,,y in the Western or Middle
!. S:Gte-. Most of these returns 20 into
considerable detail and give very
:, full Insight Into the real state of far
mers' finances. They show that trade
with farmers has increased this year
!, from % 90 800 per cent. over the cor.
i, responding seven months for last
: year. Only in one or two cases is the
: business reported less than last year
: and these were for special causes
= The universal report is more bust.
ness. In Il few cases, manufactuj-~-
. Of popular speeialties for farT
making three or four times
sales rs in recent years.