The Point Pleasant register. [volume] (Point Pleasant, W. Va.) 1909-1939, 1909-06-09
LOOK TO FARMER.
TOR PROSPERITY, AND THE FARMER
LOOKS TO THE CORN.

close OF the week the STOCK HdrkS'
exhibited unexpected strength, not
wfthstanding the quiet which often
precedes a three days suspension Of
business. Efforts to push the market
20 higher level were renewed at
least temporarily, and indications Of
inside support were more pronounced
chan week or two ago.
If prices are to be held at their old
level some further stimulating deyel-
opments will be required. Much de-
ponds upon the crop situation, which
is not as encouraging in certain re-
spects as might be desired. Never
theless, there is no cause as yet for
anxiety. The outlook is for fair
sized wheat crop, although the nation
would unquestionably be benefited by
much larger yield than is now in
prospect. There is, however, much
compensation in the outlook for corn,
which promises a large and profitable
crop; possibly the largest on record.
Our corn crop last year was valued
at considerably more than wheat and
cotton combined. The outlook for
cotton is for an average crop at good
prices; so that if corn and cotton
realize expectations there will be no
reason for anxiety concerning our
agricultural outlook. Our farmers
will again be a highly important
element in the continuance ofnation-
al prosperity, and they are in the
fortunate position Of having a sure
market for all that they can possibly
produce at very profitable prices.
Such conditions should stimulate
their exertionss to the utmost in or.
der to secure the largest yield pos
sible, result which would be moi
only beneficial to them, but to con,
sumers at large, who are feeling the
present high costs of all food pro
ducts.
MOST ENCOURAGING CONDITION.
The most encouraging conditions
in sight are those connected with th'
industrial situation. Our iron trad
shows steady improvement, ever;
branch of the latter feeling the in
Auences of recuperation; the yolum
of business being almost up to tn
previous years. Some considerable
new capacity remains unemployed
yet the tendencies are towards fur
ther betterment, and prices are rising
Railroads have placed large order
for rails, structural material, cars ant
engines. The building trade con
tinues excellent and is also sourc,
of much new business, shrewd ant
wealthy operators have recognized
that the present is a most desirabl,
opportunity in which to place order
before further advances are establish
ed. The copper industry is als'
feeling the effects of industrial i'm
proyements; consumers are placin!
increased orders and prices have beer
firm, although production is still il
excess of consumption and supplies
on hand remain excessive. In thu
textile industries there is consider
able activity, especially in cottor
goods; and the dry goods marke
generally is in exceptionally sount
condition, although the usual perioc
of summer quiet is approaching
1t is significant that Fall river cottor
manufacturers did not enforce thu
reduction in wages this week which
they could have done in accordance
with the labor contract, This showed
satisfaction with present conditions
and confidence in the future. The
wooden mills are well sold up anc
the big concerns hold very large or
ders. All things considered, the
mercantile situation is as satisfactory
as could be expected and should show
further improvement next autumn
provided there is no disappointment
regarding the harvest. Railroad
traffic shows steady imnroyement anC