The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1916-01-07

destination in our own bottoms.
While in principle | am opposed to
the payment of subsidies. / believe
that so long as other governments en-
courage shipping in this way. that 1t
is necessary for US to do the same
thing.
SOL. WEXLER, President Whit
ney- Central National Bank, New Or
leans, La: BUSINESS conditions during
at least, the last six months of the
year, have shown a constant and
steady improvement, eliminating in
excellent business in all lines. at this
time. The outlook for the coming year
justifies the great optimism. in view
of the fact that there is strong de-
mand for all classes of agricultural
products and commodities produced
IN the Southern states. Sugar has re-
ceived a fresh impetus by the con-
tinuation of the cent tariff and the
high prices caused by the war. The
cotton farmer is in such excellent I'm
ancial shape and has such good credit
facilities that he is enabled to mar
ket his crop gradually and thereby
obtain very remunerative prices. Con-
ditions in the lumber industry are
greatly improved, the demand now
being almost normal and prices fairly
satisfactory Money continues in ade-
quate supply for all reasonable re-
quirements and, without too much in
| reference in business on the part of
Congress and the Administration,
good conditions may be looked for,
for some time to come
CLAY H. HOLSTER, President
Old National Bank, Grand Rapids
Mich: Conditions in Western Michi-
gan during 1915 have been increasing
ly favorably since the spring. The
winter was dull in all lines. except
the few directly affected by war or
ders. AS the year went on the crop
situation developed fairly we'll in
spite of a cold wet summer A clear
open fall has given favorable matur-
ity to some crops which had been pre-
viously threatened. All lines of man
ufacturing have been speeded up and
largely on domestic business. Full
lines of canned goods have been pack
ed. The beet sugar crop will be the
largest in our history. Beans are a
short crop and rule very high. Po-
tatoes only fair crop and in some
sections are quite defective. Lumber
and iron have advanced substantially,
and their by-products have all been
correspondingly benefited. Manufac-
turers of knit goods, furniture, paper
and pianos, and all metal working
plants, have been increasingly busy
and in many cases up to full capacity.
The prospects for 1916 are exceeding
ly good. The banks have funds to
take care of all reasonable demands
and investors are in comfortable con-
dition to absorb large amounts of Sc
curities. All of this means the good
business which we long have sought
and which has been very slow in
coming.
GEO. E. LAWSON. President Peo-
pies State Bank, Detroit, Mich: The
year 1915 in Detroit showed constant
| acceleration in industrial progress.
evidence of which was apparent in
nearly every line of trade. While au-
tom obile manufacture occupied the
foremost position, other lines were in
creasingly active. so that the volume
in pharmaceuticals, chemicals, furni-
ture. stoves, clothing, electrical prod
ucts, metal work of all kinds, and all
other branches generally has grown
each month throughout the year.
Bank clearings have given abundant
evidence OF this condition, as nearly
every month has shown an increase
over the corresponding month of last
year; and there seems to be nothing
on the horizon to indicate cessation
OF this steady march upward. The
growth of savings deposits reflects
the happily changed condition in the
labor market. and retail merchants
are reporting better trade than for
several years past. Good CROPS
throughout the state, added to the
general influx of money from abroad
betoken great prosperity for 1916.
FRED ]. WOoDWoRTH, Vice
President First Trust & Savings Bank
OF Cleveland, Ohio: 1915 was a pros
porous year for the City of Cleveland
commencing with fuctuating and IN
satisfactory conditions in many lines,
out closing with a remarkable degree
OF industrial activity. Cleveland's
S-o' Wv SiStly Vi pTOQuCtS is largely
responsible for the city's strength and
when several lines of manufacture are
slack conditions frequently remain
almost normal because of the activity
in many other industrial fields. And
so it was that the depression. felt
keenly in many American cities prior
to and Immediately following the be-
ginning of the European struggle
was comparatively unimportant in
this district Consequently New
Years Day of 1915 found Cleveland
not in a state of great anxiety but OF
hopefulness. With the demand for
iron and steel for use in this country
and for the manufacturing of proc.
lcts to send abroad. Cleveland's in
dustrial wheels began to turn swiftly.
and soon factories that had been run,
ing. part time were working day and
night shifts. AS Cleveland is the
meeting place for iron from the Lake
superior region and coal from the
ohio and Pennsylvania mines. this
demand for iron and steel was the
greatest industrial blessing that
Cleveland could ao:o..