The Elbert County tribune., 1916-07-07
CANADA DA'SEXCELLENT
FINANCIAL STANDING
Bank CIearings lncrease-Agri-
culture Is a Paying Indus
try-Manufactures
Doing Well.

Business experts assert that Can
ada is on the threshold of perhaps
the most prosperous era In her his
tory. The unprecedented value of
the fnrin products os 1915. together
with the very large output OF factories
working on munitions of war hns sud
denly brought the country into II po-
sition. financially, scarcely hoped for
as nation for years TO come Ex-
port surplus of SIO.0OO.0O0 month Is
making Canadn very strong In cash"
Extract from official bulletin of Feb
ruary, II. 1915.
The response by the farmers of Can
ada to the call for increased produc-
tion In 1918 was totnl net output
exceeding one billion dollars. an in
crense over nornnl years of at least
three hundred millions. The three
Prnirie Provinces contributed prob
nhly nearly one-hnIf of the totnl prod
uct.
The wheat crop was worth S310.0OO.-
600, and accounted for about 30 per
cent of the total agricultural product.
Other things counted also. Look nj
dairylng. In Ontario the dalry pro-
duction was Increased 20 per cent.
nnd prices were over 10 per cent
ahead of lD14. other provinces shured
In the increase. especially Alberta.
saskatchewan. Quebec und Novn SEQ
tia. The dnIr- COW was ION the job
in 1918. So also were the beef cattle.
the pigs md the hens.
j: IL not fnir to the Slrmers of the
Prniries to call the wheat crop of 1913
miracle" crop. The farmers culti-
waited more land and gave attention
to their seed. Providence gave them
favorable weather. Then they fOled
early and lnte in the harvesting and
threshing. Good cultivation gave big-
ger Yields thnn careless work. AZ bush
els as against %.
The wealth of Western Canada Is
by no means all In Its wheat crop. II
the country hnd no wheui nj all II
would still he famous ns II land of sue
| ceSsful farmers on account of Its stock
production. From one shipping point
(Hlgh River. Albertn) over ST5.OOO.n
worth of horses have been sold in the
lust two months. The average price
TO the farmer has been ubouf S11hiW
per head. According to Government
returns there are million and II half
horses In Manitoba. Saskatchewan md
Alherta. worth probably Sl50WO. 900.
The investments which farmers OF
| Western Cnnndn are making in live
stock and furm improvements nre
| good evidence of the fact that they
have money for these purposes II In
apparent. however. that they nre also
spending some of their profits on
those things which will hiring grenter
comfort and enjoyment to themselves
their wives and their families. The
automobile trade nll through the
country is particularly active. and
farmers are the biggest huvers
cent report of the Saskatoon district
| shows thHt In twO months II miiiIun
dollars worth of automobiles hive
been sold. largely to farmers. Nor nre
NIL of these cars of the chenper makes I;
some hIgh-priced machines are In de-
mand.
Bunk clearings throughout the West
ern Provinces show greater con,iner-
c!al activity thnn nt the same se,ison
In 1913 or 1914 the increase for The
last week of Februnry being SS.UbO.tNO
and almost S9.WO0OO. respectively
for the first week of Murch S15.NN.-
900 over 1918 and S1S.OO0.OOO over
1914. The same excellent story COMES
from Moose Jaw. Snsk. where they
showed from 40 to. 100 per cent over
the previous year. Calgary. Attn.
bank cleurings continue to reflect the
greatly improved business conditions
as coInpnred with year ago. Cnnu-
da's bunk clearings for the month OF
February. 1916. were the greatest for
any February in the country's history
| The totals amounted TO S6G4 2.,., .O)O.O0
as compared with S4S7. .296. 10000 for
the same month II year ago. An in.
crease of 17,OO0.OW.OO In bank clenv-
ings for the month tells Its own story
of the country's prosperity.-Adver-
tisement.