Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-01-09
NcoURAeINe OUTLOOK
OR THE YEAR.

The close of the year 1907, with its
summing up of the trade results of
the past twelve months will mark the
passing OF an era of unprecedented
prosperity for the commercial inter
ests of the country. Even those mer-
chants, manufacturers and producers
who have experienced a great falling
on in demand for their lines of pro-
duction in the past quarter viii ad-
NIT that trade aggregates for the
period have proved exceedingly sat
isfactory, because of the tremendous
absorption of staple commodities
throughout the country during the
earlier portion of the year.
Undoubtedly the forthcoming sta
tistics from the government and 9TH
er authoritative sources regarding
trade movements and totals for the
year will be a splendid revelation of
he eountry's resources. activities and
fundamental potentialities. The fig
1res just presented regarding the ag-
ricultural yield OF, the country, for in
stance, are especially gratifying, be-
cause. of the assurance which they
convey to the people of the United
States that one of the great basic
elements in our financial and COM
mercial integrity has been sound and
substantial. contributing this year, as
last, more than its normal proportion
ate share of strength to the sustain
ing of the whole commercial struc-
ture.
This report, which is worthy of
more than passing consideration, on
account of it's significance as a gauge
of trade prospects in the agricultural
sections, deals with the size and val,
ne of eleven leading crops in 1907
These crops are corn, winter and
spring wheat, oats, barley, rye, fax
seed. buckwheat, rice, potatoes, hay
and tobacco. The cultivated area to
these crops during the past year
amounted to 237,61S,OOO acres, and
the total value of the crops produced
on this land amounted to s3,40S,967t
900, as against $685. 77, 07e in 1906
These figures, stupendous as they
are, do not take into account the two
great products of agricultural sec
lions OF the country. which enter in
to textile manufactures, namely, cot
ton and wool, nor do they take any
tote of the values of livestock sold
or food, the by-products of hides and
,eIts. and the poultry, dairy, fruit and
rinof proceeds of agricultural opera
tioDs, which combine to bring the to
tai returns from farm and ranch VI
20 more than s7,OoO,oOO,0O0. In the
splendid purchasing power thus de
rived. there is surely solid certainty
upon which to. build expectations Of
a speedy recuperation in all our var
led industrial activities.
Another factor of Importance is the
diviI.nd and interest distribution
tkat is about to take place as re
turn upon investments. Notwith
standing the reductions that have
been decided upo1 in dividends In
E me quarters, the total for January
/. 1908, will actually overtop the mag
nifcert disbursements of a year ago
md amount TO about s1s5,000.o0
rhe transfer of this large sum OF
ew ownership win have much infiu'
nee upon the investment AS
of the next few weeks. Some Of this
viii find its way into stock specnia-
ton, but by far the greater part OF
# viii seek investment channels, II
is believed. in view Of present con
ditions in the financial markets, and
should prove an additional element
of strength in this relation.
The outlook for the coming year.
therefore, especially when it is con
adered that the presidential success
ion problem has been simplihed to a
arge extent by the elimination OF
1he present executive as factor is
by no means discouraging. Recovery