Bisbee daily review., 1916-02-04
NOR WAY RICHER BY REASON OF BIG WAR
 THAN AT BEGINNING
Though Nearly Every Channel of Trade Has Been Effected by Conflict Yet the Country Appears Better Of.

CHRISTIANIA, Norway, Feb 2.r Correspondence of the Associated Press)-Although there is scarcely any industry, trade or business in Nor way that has escaped the influences of the war, the year-end surveys of economic conditions have generally shown the country as a whole to be richer than it was a year ago. at least from the viewpoint of the cap italist.
 The closing of the usual markets OF which Norway has been dependent for such necessities as coal and grain - doubling the price of flour and fuel during the coldest winter the benin sula has experienced in seventy years --has caused no little suffering among the poorer people, but outside this clas sit appears that more money is : in circulation than usual.
 It has been difficult for the farmers to get sufficient uantities of fodder and fertilizer, but, on the other hand, prices on farm products have been hAthCA tAAoA tNCl NClC e, and the net result has been a profita- ble year for the farmers.
 General trade has had many obsta- cles in it's way, btu notwithstanding this new industrial enterprises are con- stantly being founded. with plenty of capital at their command An incl dental feature of this new capitaliza- tion is the fact that there has been much speculation on the part of young people. Even office boys and school children have been speculating in stock, eager to get rich quick. A con- mon practice has been for people without means to subscribe to stock in the new companies and then after few days or weeks, when thestoclI is rising. open before any capital has been paid in, to sell at profit This has been especially true in the case of steamship companies, which are grow ing up everywhere like mushrooms. In order to prevent such unsound specu- lation the government is forming a measure that will require the stockhol- der to pay a certain amount in cash , before he can subscribe to stock, and that will forbid any transaction in stocks on which nothing has been paid down.
 The Norwegian shipping trade has flourished as never before. The high freight rates which show no signs of reduction and the scarcity of foreign tonnage has made the Norwegian ship owner rich man. And notwithstand- ing that the loss to shipping as a di- rect result of the war has been heavy. In all fifty-fOur Norwegian steamers, and twenty-eight sailing vessels, alto gether representinb S13.000,0O0 have been blown up with the loss of seven ty-one asilors. New ships have been added however, at a rate faster than ever before, and still the yards are unable to keep up with the demand.
 A number of ships have been or dered at American yards, and some of them sold several times over before being ready to launch
 Two months ago five motor tank ships for the oil trade were ordered by newly formed Norwegian com pany at American shipyards.. to he delivered next fall. Of these four are already sold to other companies (three to France and one 10 a Norwegian company at a clear profit of Sl250., 0Oo. The stock holders had only paid small part of their stock. and now the company is dissolving after only d couple of months. without conduct ing any real business. and having cleared little more than one hundred per cent of it's fixed capital.
 The lu mber trade has also had