The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1914-11-06
BUSINESS on
UPGRADE Els
belief NOW

/ RICHMOND. Va, Nov. Ga
keynote OF optimism regarding
the business and financial out
look of the United States was
sounded throughout the sessions
OF the convention OF the American
Bankers association held here re-
Gently.
II is the belief of many bankers
that America is at the open door
OF a sweeping era of commercial
prosperity while even the more
conservative bankers express their
faith In present signs of renewed
commercial activity.
The last three months of bust
ness In the state of Washington
exceeds that OF the corresponding
months of last year, according to
w. ID. Vincent, vice president, Old
National bank, Spokane.
Business conditions in our
section are excellent" said Mr..
Vincent.
Business in Spokane for July,
August and September of this
year is 15 per cent greater than
for the same three months last
year. The actual volume of bank
transactions shows that figure.
We have had a great wheat crop
throughout the northwest and
good prices. while the grain ex-
port has not increased, yet wheat
which would have gone out of the
country is being milled here and
our millers are making the profit.
] believe on the whole We have a
right TO feel confident for the
future"
depression Has Reached Bottom.
That depression in American
business as a result of the Euro
pean war has at last reached bot
TOM and that the worst is over
Is the belief of Edward ]. Bow
man, president Daily Bank and
Trust company, Anaconda. Mont
Business and industrial condi.
tons in our part of the country
could be much worse" comment
ed Mr.. Bowman.
I'VE prefer to look at the good
features and not the bad. Our
state has had exceptionally good
crops and we are becoming a
great grain country. | believe the
business depression due to the
war has reached bottom and we
are hopeful for the future"
Things ON Boom" i'm West.
g. e. Bowerman, president
First National bank, st. Anthony,
Idaho, says harvests in Idaho are
bringing quick and normal re-
turns and money is easy.
Business conditions in Idaho
are very good indeed" said Mr..
Bowerman.
Our producers of mutton, beef,
pork, sugar beets and grain are
disposing of their products at
good prices and we have felt prac-
tically no business depression.
There has been plenty of labor to
harvest the crops. Railroad build
ing in our vicinity has helped
general conditions also. While we
cannot speak for the rest of the
country our attitude is one of sat
isfaction and confidence for the
future"
Good prices and sound condi-
lions prevail in the state of South
Dakota. Optimistic statements
have been made by w. c. McFad-
den, secretary, North Dakota
Bankers association.
Good Prices Paid.
Said Mr.. McFadden: "In a
state where the things you have to
sell are things to eat, meat, cattle,
hogs, grain, we are particularly
prosperous at this time. Our prod
ucts are bringing good prices. Not
a bank in our state took out any
Emergency currency, our crops be-
gan to move almost Simultaneous
ly with the outbreak of the war
and brought in ready money to
our farmers and business men,"
That the flour mills in the ST.
Paul district are working to a ca
pacity far beyond normal, is the
optimistic message brought to
the bankers convention by New
ton F. Hawley, treasurer, Farm
ers' and Mechanics Savings bank
of Minneapolis.
Said Mr.. Hawley:
Practically all the banks in
our section of the country, in
GLIDING Minneapolis, st. Paul, Du-
luth and banks in the northwest
generally show an increase of de-
posts which is quite marked, and
which is the highest in the his
tory of the northwest. Our flour
mills have been running far ex-
ceeding anything in their his
tory"
TEXARKANA, Ark. Tex, Nov.
6.-Building operations in Tex
arkana, Ark. Tex, this year and
work now going on are in excess
of last year. There are 81 manu-
featuring concerns in this city.
Seven OF these plants, at least
three of which do export business,
have enlarged their plants from
$4,000 upwards. At this writ
ing We are beginning 100000
worth of street paving, asphalt
and wood block. The Texas side
of town completed the installation
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