The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1914-12-24

demand at this time and which com.
mand the highest prices.
Colorado, with her vast herds OF
cattle and her big fruit crop, and
Kansas Oklahoma. Nebraska and
northern Texas with wheat, cattle,
hogs, horses possess the key that will
open the door to prosperity. These are
strictly agricultural states. The great
the products that are raised on the
farms ~ this great domain and prices
are continually advancing The price
Of wheat has been continually climb
Ing until II is the highest for many
years the mills NJ Oklahoma and 9th
or wheat growing states are working
night and day grinding out flour much
" which IL going TO foreign ports to
feed IN" armies OF Europe Thousands
Of head of horses are being shipped
out NJ oklahoma.
This is sure to raise the price OF
farm work animals until many farm
ers will get rich In Oklahoma and
elsewhere raising horses and mules. As
the prices Of farm products soar as
natural Impetus will be given 10 ag
riculture and many win he attracted
10 the farm. This viii cause the price
NJ farm lands TO advance adding much
10 the general prosperity of the state"
The cotton situation, which has
cast shadow over the otherwise
bright picture Of coming prosperity In
Oklahoma has no terrOrs for Mr.. Ed
wards. There II vast difference
between our condition ns to cotton
now, and during some Of the years
that have passed" said Mr.. Edwards
Then we had good prices but no cot
ton, now we have an abundance OF
cotton but extremely low prices. The
latter situation II much more favor
able To our future prosperity than the
former. The cotton Is In this country
and Is being held for better prices The
wealth Is here and we will get the
price later Having business interests
In Louisiana and Texas am familiar
with conditions In those states and |
find that the south IL In much bet
ter financial condition than Is sup
posed"
There has been a great Increase n
the demand for southern securities
within the last few weeks, according
10 MIR Edwards. The fact that the
cotton growers and business men "
the south are holding their cotton, tax
en- In connection with the recent es.
tabishmcnt Of the federal reserve
banking system, has greatly stimulated
the confidence ~ the financiers In the
securities of the southland.
Speaking Of the securities market
In Oklahoma Mr.. Edwards said. IL
have sold five times as many Oklaho.
ma securities In the last siX weeks IA
| did In the ten weeks proceeding
them. The value " Oklahoma munici.
pal bonds ls also steadily increasing
and there Is demand for some OF
them above par. Kansas and Oklahoma
are holding more eastern paper than
In years and especially Is this true in
| Kansas where the hanks are grOan-
Ing with money from the big wheat
crop"
The installation Of the federal re.
serve banks taken In connection with
conditions imposed by the European
war ls bringing about a condition Of
great national prosperity In the opin'
ion Of Mr., Edwards THE balance Of
trade II In our favor and this condl.
tion II bound to grow better as the
war continues" said Mr. Edwards
I'VE are securing new markets for our
products In South America and other
foreign countries that have been close,
10 Germany and to- some extent TO 9th
or European countries at war. IN,
j United states IN distinctly q country