The state herald., 1916-07-07
ANADA'SEXCELLENT
FINANCIAL STANDING.
Bank Clearings lncrease-Agri'
culture Is a Paying Indus
try-Manufactures
Doing Well.

Business experts nssert thu, Can.
the most prosperous ern In her his
tory. The Unprecedented vnlue OF
the fnrm products Of 1915, together
with the very lurge output Of factories
working on munitions of wnr has sud.
denly brought the country into po-
sition. financially. scarcely hoped for
as nation for years to come. Ex-
port surplus Of $5O.OOO.OOO month Is
making Canada very strong In cash."
Extract from official bulletin Of Feb
runry II, l0l6.
The response by the farmers of Can.
ada to the call for increased produc-
tion In 1915 was total net output
exceeding one billion dOllurs. nn In
crease over normal years Of at lenst
three hundred millions. The three
Prairie Provinces contributed prob
ably nearly one-hnlf Of the total prod
uct.
The wheat crop wns worth $3l0 000,-
GOO. and accounted for about 30 per
cent of the total agricultural product.
Other things counted also. Look Mt
dairying. In Ontario the dairy pro-
ductiOn was increased 20 per cent,
and prices were over 10 per cent
ahead Of 1914. Other provinces shared
In the increase. especially Alberta,
Saskatchewan. Quebec und Novn SEQ
tia. The dairy COW was ION the job"
In 1915. So also were the beef cattle.
the pigs and the hens.
II Is not fair to the farmers Of the
Prniries to call the whent crop Of 1918
a miracle" crop. The farmers culti-
vated more land md gnve attention
to their seed. Providence gave them
favorable weather. Then they toiled
early and lnte In the harvesting and
threshing. Good cultivation give big
ger yields thnn cnreless work, 10 BUSH
els us ngninst 25.
The wealth OF Western Canada is
by no mems MI In Its wheat crOp. II
the country hnd no whent nj all Il
would still be famous ns n lind of sue
cessful farmers on account OF Its stock
production. From one shipping point
(High River. Alberta) over $75.OOO.Ol
worth OF horses have been sold In the
last two months. The average prics
TO the farmer has been about $i75.OC
per head. According to Government,
returns there nre million nnd hHli
horses In Manitoba. Saskatchewan nnd
Alberta, worth probably si5O.OOO.O0
The Investments which farmers o,
Western Canada are making In Hive
stock and farm improvements ar,
good evidence Of the fnct that the,
have money for these purposes. II Il
apparent. however. TINT they arc alst
spending some Of their proiits OF
those things which wt1i bring grentel
comfort md enjoyment TO themselves
their wives nnd their families. Tn,
automobile trnde NIL through tn,
country is particularly active. ant
farmers are the biggest buyers. A re-
cent report Of ire Saskatoon distric
shows that In two months II miIiiol
dollars worth of automobiles hav,
been sold, inr.ely 10 farmers. Nor ar,
all Of these cars Of the cheaper makes
| DOtuc utku-"VNo uuCutucb uTt III O9
mand.
Bank ciearsuEs throughout the West
eru Provinces snow greater CONNER
cial activity thsa ut the same seasol
In 1918 o. 1914. the increase for tn,
last week Of February being 5000, ,OOl
and almost ss.O8O00O. respectively
for the FIRST week OF March $4,000,
600 over 1915 and eis.OOOOOO ovel
1914. TIE name excellent story comei
from Mooee Jaw. Sask.. where the,
showed from 10 10 10O per cent ovel
the rrestOus yenr. Calgary. Alta.
bank eseariRss continue to reflect tn,
greatly Improved business conditions
NJ compared with year ago. Cum
da's bank c'earings for the month o
February, iS1G. were the grcntest f0l
nny February In the country's history
The totals amounted TO 500. .2222. .OOO.OO
M compared with e4s7. .2i'0OOO.OO 10,
the same m0nth yenr ngo. An 10
crease Of &iT7.OOO.OaO.OO In bunk clear
lngs for tive month tells It's own siory
Of the couatry's proSperity.-Adver
tisenent.