The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1906-12-31
BRADsTREET' ON THE BuSl
NESS YEAR.

Nineteen hundred and six was a
very remarkable year And yet this
characterization appears incomplete in
view of the fact that old records were
retired and new one set up, in the dis
proving of old proverbs and the pre-
dictions that 1905 was so favorable
that better results were hardly tO be
expected the following year. Not the
least remarkable feature, too was the
fact that the apparent drawbacks
and there were number-did not re-
tard the onward movement, and the
course of events, commercial, indus
trial and financial, viewed from the
vantage ground Of achieved results,
was a great triumphant march of
progress.
Conciscly stated, 1906 saw very IA
vorable crop yields; a record output
of cereals: chose to highest yields
and record values Of other farm pro-
kinds of mining except coal; onor-
muus outputs If precious metals; land
speculation assumed enormous proper.
tions, building activity surprising the
wonderful record Of 1905; unprecc-
dcnted totals of foreign trade; an un-
parallclcd immigration; SURPRISING
totals of clearings and railway earn.
ings; employment active and labor
scarce as never before; Il record vol
umc Of the circulating medium-mon-
cy-proving altogether inadequate for
business purposes. and finally, and
what is perhaps, the most remarka-
BILE development of all, the reaching,
in time OF profound worlds peace,
of wartime level Of prices of com
moditios without the slightest appa-
rent effect upon demand, which,
throughout the year. pressed hotly
upon supply and caused from the be.
ginning of the year to It's eose gen
oral complaints OF the backward 10
Hvcrics of goods After even n cur
sorry review of the roults, indeed one
is impressed with the inadcquacy OF
adjcctives To give fun expression to
the wonderful development Of the year
now drawing to close.
OF the drawbacks, Interruptions and
what, in some years, would have
proved TO have been absolute checks
to prugress, there were several well
deserving OF mention Mild winter
weather has not usually been asso.
Gated In the past with present or fu-
ture good trade or crops and yet the
country had the mildost winter IN
years Later ON In the year, the great
est city on the western coast was lev
clcd 10y earthquake and fire, a shock
To financial circles which might have
been fatal in an ordinary year Leg.
islation of a somewhat radical char.
acter affecting railroads and large cor
portions. with numerous prosecutions
OF companies and individuals. was a
yious years moral agitation and uplItt
IN state and nation, without any, ap-
parently other than beneficial effects
TO the country at large. Tight money
a. home and abroad put a strain UPON
general business which resulted in
strikingly little friction. Judging from
failure returns, the most noticeable
effect being a feeling Of conservatism
which proved TO be beneficial. Con-
Eressional and state elections had III.
tie effect the general conclusion be.
ing that the people We're TO busy 10
talk politics" Transportation conges-
tion of the cutost kind, resulting in
loss Of trade and some actual suffer
ing whore fuel supplies were concern
ed perhaps arrested, but certainly
did not check, progress, Strikes were
numerous, but except In the coal,
mOulders' and printing trades not OF