Carrizozo outlook. [volume] (Carrizozo, N.M.) 1910-1945, 1916-01-21
WESTERN CANADkS
GREAT HARVEST
Decidedly Encouraging From Ev-
cry Standpoint.


Speaking OF conditions generally In
Canada. the most encouraging feature
OF the year, from a trade and financial
standpoint. has been the bountifm
harvest OF tho Northwest, whore o
greatly irc~ensed area under cultiya
ton has given tho highest average
yield IN the history Of the country. II
is estimated that the grain crop OF
Manitoba, Saskatchewan and Alberta
has a market value 10 the producers OF
approximately four hundred million
dollars. in the use of which we may
anticipate not only the liquidation OF
much indebtedness. but the stlmula.
ton OF current trade.
The annual reports Of the various
banks throughout Canada are now be
ing published. They SAVIOR OF optl'
miBm all the way through, and. con-
trary TO what might be generally OK.
pectcd In war times. business Is good
everywhere.
Tho General Manager Of the Bank OF
Montreal at the recent annual meet.
ing said. THE position of Canada Is
u highly favored one, with an assured
future OF growth, development and
general prosperity"
In the same report II Is said that the
Canadian West has recovered to n
marked extent from the economic dis.
location OF a year ago
The seasons wheat and other cereal
crops have exceeded all previous rec.
ords In quantity and quality, aad, de.
spite the enormous yield. prices have
been uncommonly well maintained.
II would be difficult to exaggerate
the importance OF these results to the
Prairie Proyinccs-and the Dominion
at large.
The prosperity OF those engaged In
mixed farming and ranching Is most
encouraging.
The Hour mills IN Manitoba. Sas.
katchewan and Alberta are busy and
are doing well. Their combined daily
capacity Is about $4,000 barrels.
The largo advances of the Dominion
Government to farmers in certain dis.
t%ricts, principally in the form OF seed,
were made very opportunely and have
been amply justified by the very large
crop yield In those districts.
Business In many important lines In
good and should continue to improve
AZ returns from grain yet to be mar.
ketcd are received.
The general business outlook has
been transformed by the large crop,
The returns OF the o earnings OF
Canadian railroads for November show
those OF the Canadian Pacific In,
creased S1,79G,000 Dr. rs per cent for
the last nine Gays OF the month. Com.
pared with same month year ago, in
crease no less than 1921, 900 or GIG
per cent against a 40 per cent gain in
October, and n decrease OF Az per
cent In September.
II. V. Meredith, of the Bank OF Mont.
req In a recent address delivered nj
Montreal, declared thu the most en-.
c%ouraging feature from a trade and
finance standpoint had been the boun.
tlful harvest OF the Northwest, where
the greatly increased area under cult.
walton had given the highest average
In history OF the country. lie estl-
mated the grain crop OF the three
provinces at Il value OF over s4O0, goo,
900, and said that such remarkable re.
suits would have the effect of attract.
ing the tide of immigration to our
shores, when the world Is again at
peace. The restoration of n favorable
balance In our foreign trade is a fac
tor of supreme importance at the pres.
ent time.
II is the general opinion in tho East
that the 1915 grain crop in the Prai
RE Provinces not only put the whole
Dominion In a soundor trade and nnan
cial standing, but that Il will also re.
suit In a big Increase In Immigration
20 the West OF agricultural settlers,
who viii include capitalized farmers
from Europe and the United States as
we'll AZ homesteaders Advertisement