West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1915-10-21
Heralds OF Prosperity

iy be charged with any great degree OF
sympathy with things Democratic
sees true and solid basis for prosper.
ity in the conditions which now exist
In the United States. The Sun decries
the masniication OF war stosks." hut
insists that the basis for the presen,
prosperity of the nation is sound and
lasting. The Sun says
Spectators il the so-called war
stocks have over-shadowed one in
huence out of many which are working
Tor the enhaa ment OF values. The
intelligent lard OF sober observers
is being steadily impressed by the bet
ter business conditions developing
rapidly throughout the country
The wonder of the crops still grows.
Earth has never yielded such an in
crease as this year. With the final
harvest season at hand the government
crop report just published raises
previous estimates practically all
around. Last years bumper crop OF
somewhat less than 900. .OOO, 900 bushels
oi wheat is cast into the shade by the
first billion bushel yield ever gathered
the government figures being LOOP
O29.000 bushels.
An outrun OF 3,026. .159 900 bushels of
corn is calculated, the second largest
cop on record: and oats will prob
ably Viald ErT a-c nnn h...,, a.,
first time the one and a half billion
mark has been exceeded
Whether the money worth of the
crops is calculated at $4,000. 900 900
or more, let the statisticians say.
Whatever the sum is IL can be trans
lated into terms of an extraordinary
buying power.
Grain growers are getting an aver
age OF fully ninety cents n bushel for
wheat. Agricultural communities are
practically everywhere PROSPEROUS
Kansas banks are being so stuffed
with deposits, according to a Topeka
report, that to comply with the state
law they will be compelled to Increase
their capital in order to maintain a
legal ratio to their deposits.
Not the least OF the agricultural
miracles of the year has been the
windfall OF greatly reduced crop of
cotton which has helped TO restore the
balance between demand and supply.
AS a result spot cotton is selling at
l2b cents, the highest price in 1915,
and futures have averaged a higher
quotation throughout the year. The
south's pocketbook is beginning to fill
again, and the southern buying power
is certain to share in the stimulus al
ready manifested in broader general
business movement.
Labor's wage is being raised
wherever industry is active, and the
competition for labor has been made
keener by the return OF European re-
servists. The wages OF capital are
rising, Judging from dividend declar-
ations and dividend increases. Rail
road earnings are better.
Our foreign trade balance is rising
again toward what will probably be a
new maximum and while shipments
of supplies for military purposes bulk
large in the outgo. our great staple
commodities have already begun to
move forward freely I'm response to the
splendid success OF the Anglo-French
loan here. Last, but most important
OF all, is the proof afforded by the
gratifying over-subscription to the un-
derwriting of this $5OO.OOO,OOO grant
of credit that we have ample resources
for the promotion of profitable enter
prise as well as confidence to employ
them