Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-11-10
FLEMING WRITES
THAT PROSPERITY
IS ON INCREASE
Vice President OF Kansas City
Life Says Now Is the Time
TO Boost Work of In
Surance,

/ -. " phfahd, fcupral agent Of The
/ Kansas city LILO Insurance company
IN New Mexico. Is In receipt of "a let
ter from Frank W. Fleming. vico
president Of the company giving q
highly optimistic view Of business
conditions throughout the United
states and dcclarinf that never he
fore have times been more propitious
for boosting the business of life in
surance. The letter Is as follows.
Mr. q, j. Durand, Albuquerque. Now
Mexico
My dear Mr. Durand Tho Durand
agency during October just past wrote
$1,000 more business than for the
same month OF 1918. the applications
received up TO October 3ist last from
your territory being s61.5O0.O0
The total amount Of new business
received at the home office during
October was y2.2Sf.iso.oO. an in
crease Of nearly 40 per cent over the
corresponding month Of last year.
Everything considered. the record
should be most gratifying 10 every
loyal member of the field department
Of tho Kansas city Life
The lufid accounts Of military OPP
erations in Europe and the general
disturbance in world commerce,
which hna affected general business
conditions In every portion Of the civil
lized globe. has created mental con
dition which renders men peculiarly
susceptible TO the appeal Of the life
underwater. Never in the glorious
history Of life insurance in America
was 1t so ensy TO sell as today be-
cause the Indifferent man who would
not listen heretofore Il having the
uncertainty Of life and the hazards Of
modern business with lis delicate and
sensitive organization of credit
forced upon his consideration. Flnan-
cial securities of every kind incud-
ing railroad. bank and Industrial
stocks. have shrunk IN value. but life
insurance remains during these ok
traordinary conditions as the one sim
gle asset that Is always worth 100
cents on the dollar.
The black war cloud Of Europe has
~ bNlutl iilllih itl fNtie itlil VI
rural industry in the United states.
a combination Of bumper crops in
this country and prevailing high
prices for exports spells prosperity for
the American farmer. General bust
ness conditions have never been adj
versely affected by the European
struggle, 80 these new factors have
increased prosperity and represent q
clear gain.
There Is a big war demand for our
products upon the farmers, our man
ufacturers and wholesalers. October
exports of wheat. flour corn and
meat products were two and one
half times greater than in the same
month Of last year This country's
exports during the next twelve
months may be eonscrvatively csti-
mated at 5000, 100000. which IS ap-
proxinately double the high record
of last year There has been nm enor-
nous aud profitable increase IN our
export trade during the past sixty
days with a certain increase as the
months 90 by. This trade Is to all In
tents and purposes cash business
through the transfer of foreign cred
It's, in paying this eountrys European
liabilities.
Three million dollars has recently
been spent for horses and an order
for 10000 mules at SiSb.0o per head
has just been received by Kansas City
and st. Louis dealers. The French
government has contracted for 10000.
horses through western dealers Rus
sian agents have ordered enormous
amounts OF machine tools, one single
order being for 1000 lathes; the
smith & Wcsson Co. of Springfield,
Mass. Is working twenty-four hours
day in three shifts. turning out
small firc arms and cartridges; one
Philadelphia firm is filling a $1,000
600 order for cotton supplies for hos
pital use and another company in
the same city has an order for 5000
packages Of lockiaw antitoxin The
Italian government, through its
American agents. has contracted for
tho entire output of American faeto-
ries for aeroplanes and air craft mo-
tors, while New England shoe fac
tories have orders already for $4,000
600 worth of soldiers shoes The al
lies have placed large orders with
American manufacturers for motor
trucks and auto artillery wagons. CAL
weston recently shipped cargo OF
wheat direct to Greece and local
milling firm has rush order for
10000 barrels of flour. the largest
single order OF flour ever received
from Europe. American toy factories
are working in three shifts, turning
night into day, to make up the sup
ply of Xmas toys heretofore import
ed from Germany.
Europe viii exhaust the American
suppiy of horses. cattle. hogs. sheep,
wheat. corn clothing. both wool and
cotton, leather, steel products and
tobacco Every indication points to a
long drawn out struggle in the Euro
pean war. and the far-seeing farmer
who raises cattle and sheep can
make enough money during the next
five years to retire upon.
Ninety days ago all Europe sus-
pended payment of its own debts ana
demanded gold from the United
States. thus putting a financial strain
upon America, the like OF which was
never known before. New York CITY
promptly paid It's sso.ooo,0oo matur-
ing Indebtedness held abroad and
syndicate of American bankers I'M
raised si00,Qo0,000 OF gold
10 pay off Europe's immediate inter-
est claims. Now the rapidly enlarg-
ing volume az our export commodi-
ties TO Europe to he paid for IN soia
-. "a tolanea Aoertcasa 3Qbfs there.