The Arvada enterprise., 1916-08-31
MAKING RAPID STRIDES
Canada Improving in Every Way
Alphabetically, Commercially
and Financially.

The reports coming to hand every
day from all branches of industry in
Canada speak highly Of the construc-
tive ability Of that country.
Recently the managing directors of
the Canadian Credit Mems Associu-
ton gave out the statement that bust
ness in Western Canada was good. In
every branch 1t is better than in 1918,
and everyone will remember that in
that year business was excellent. He
says:
1.-THE beauty Of 1t is the way in
which payments are coming in. Mer-
chants all over the West are taking
their cash discounts. Such transfor-
nation l never saw.
"FrOm the records in the office l
knew it was getting better. We clear
here every retail merchant in the coun-
try every three months, and we are
therefore In the closest touch and have
intimate knowledge of the way trade
is going and how payments are being
made. Conditions ut the present mo-
ment are better than l had dreamed 1t
was possible that they should be.
1.-THE statements which we are re-
ceiving with reference to the standing
of country merchants indicates that
there will be very few failures this
fall. 1t is quite remarkable. Men who
have been behind for years and in the
hole are actually paying spot cash for
everything, and taking their cash dis
counts. Banks and loan companies
this fall will have more money than
they know what to do with.
"This is about the condition of trade,
and l am glad to say there is no exag-
geration in what l have said. The
business of the prairie provinces is in
splendid condition"
Crop reports are also good. From
all parts comes the word that the crop
conditions were never better, and the
situation at the time of writing is
that there will be fully as great n
yield Us in 1915, when the average of
wheat over the entire country was up.
wards of 30 bushels per acre. The
harvest therefore will be a heavy one
and, following the magnificent harvest
of last year, the farmers of Western
Old indebtednesSes, much of which
followed them from their old homes
are being wiped out, improvements arc
now being planned, and additional
acres added to their present holdings
During the past year there was Il
large increase in the land sales both by
the Canadian Pacific and Canadian
Northern land companies, as well us
by private individuals. A great man!
of the purchases were made by farm
ers who thus secured adjoining quar-
tiers or halves, the best evidence prob
ably that could be had of the value
of Western Canada land when those
who know the country best are adding
to their holdings. A number of out
siders have also been purchasers, but
very little land has changed hands fol
speculative purposes.
An evidence of the prosperity of the
country Is found in the fact that suci
a large number of farmers are pur
chasing automobiles.
Alleged hard times In Manitoba have
not dampencd the ardor of motorists
or prospective ones. The automobile
license department reported fe"
days since that there are 1000 NOR,
private owners of cars In the province
this year than last. The number OF
licenses issued this year was 1000, n
against $500 last year. AT an aver
age cost of $1,000 each the newly pur
,., n,n I,