Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1914-09-29
WHY BUSINESS
MUST BE GOOD
Remarkable Facts That Insure Pros
perity- Ideal Conditions in American
Agriculture, the Bedrock Foundation
for Great Business Activity.

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Agriculture, the Bedrock Foundation
for Great Business Activity.
The price OF wheat at Chicago has
advanced at As per cent since war be-
gan, and now exceeds 81 .25 for May
delivery. The demand for it has in
creased still further the past few days
since the closing of the Dardanelles
and the possibility that Suez may be
bottled up by the Turkish army.
Worlds shipments of wheat just
now are nearly all from the United
States.
Exports of wheat from the United
States-mostly TO the United King
dom, Netherlands, France, Portugal,
Spain and Italy-are now larger than
ever, having run as high as nearly
10000, 600 bushels a week.
That the bottling upof the German
| navy leaves the seas open TO COM
nerce, is further proven by a re-
duction last week of 25 per cent
in freight rates on wheat from
our Atlantic ports to Britain.
Foreign ships, arriving with increas-
ing frequency and number with
American refugees, are sailing back
deeply loaded with food for famine
threatened Europe.
PRODUCE EXPORTS RESUMED
The United States government now
insureS American ships and their
cargoes in the foreign trade, just as
do England, France, Belgium, Hol-
land and Denmark. Norway and
Sweden may do likewise for their
great mercantile marine.
Our government now admits foreign
built ships to American registry, and
this is building up an American mer-
camille marine. Congress has not yet
admitted our coastwise shipping to
the foreign trade.
FINANCES STRONG
Emergency currency under the
Vreeland act-''eyery dollar of it is as
cook as gold"-is available for all
needs, in greater amount than may
be required except for handling the
cotton crop. Clearing house certifi-
Gates have been issued only to lin
tied extent.
The federal reserve system is to go
into effect at date when the change
will be least inconvenient and most
beneficial to the whole financial stu
alton. This authority believes that
the new system will help TO amply
and safely finance the rapid expansion
of Americas domestic and foreign
trade now at hand.
Bank deposits are up, Withdrawals
down, confidence strong, loans are
now being made more freely to regu-
lar customers for regular needs,
though at stiff rates. Except for
heavy declines In bank clearings at
New York and a few other centers of
speculation and of the foreign trade,
banks are doing healthy volume of
business.
FOOD PLENTY AND CHEAP
The supply of fresh fruits and vege-
ia bles Is SO great that prices favor
consumers of all perishable produce.
Apples and potatoes also will be in
large supply.
Yet these big crops afford reason
able returns 70 producers. This cheap
food is a fair offset to higher flour
and sugar. The prosperity of wage
earners is reflected in net gains of
deposits in certain New England
savings banks.
BOOM IN TEXTILES
Even cotton is in a fair way to
| work out of its troubles. The South
is uniting to solve its problems as to
transform apparent defeat into per-
manent victory.
Wool and woolens are higher, firm,
active
The textile industry is on the
threshold of a veritable boom.
THE BOOM IN FARMING
Aside from cotton, our agricultural
exports may exceed all records for the
current fiscal year to end next June,
says Orange Judd Farmer, while i'm
ports of produce may be the smallest
on record.
This means much to American
farmers and to all domestic trade.
WHY CONFIDENCE rs FIRM
These are the underlying reasons
for the confident optimism that now
prevails among the American people
regardless of vocation.
That feeling is stronger than ever
among farmers and rural people.
Already their prosperity is reflected
in their rapidly increasing orders fol
manufacturers. For instance mum.
Der Of automobile concerns are now
TO supply the rural demand fol
high grade and medium priced cars.
The weekly magazine that makes the
above utterance points out that these
| present conditions and brilliant pros
poets simply confirm its own forecast
under date of August of the solid
basis of American finance and agri-