Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1916-01-13
WESTERN CANADA'S
GREAT HARVEST
Decidedly Encouraging From Ey-
cry Standpoint.

Speaking OF conditions generally w
Canada. the most encouraging feature
of the year. from trade and financial
standpoint, has been the bountiful
harvest of the Northwest. where
greatly Increased area under euitiya
tion has given this highest average
yieid In thc HISTORY OF the country. u
In estimated thaf THE grain crop OF
MaDitOta, Saskatchewan and Alberta
has market value 10 the producers OF
approximately four hundred million
dollars. In the use of which we may
anticipate not only the liquidation OF
much Indebtedness. but the stimula'
ton ri current trade.
The annual reports OF the various
banks throughout Canada are now be
tng published. They SAVIOR OF Opt
mism all the way through. and. con
trary 10 what might be generally ex'
pec4ed In war times. business IL good
everywhere.
The General Manager OF the Bank on
Montreal at the recent annual meet
inE said. "rhe position OF Canada 10
4 highly favored one. with an assured
future nf growth. development ana
general prosperity"
HI lie same report II IL said that the
CahA.iian West has recovered TO
marked extent from the economic dis,
location OF d year ago
Thr seasDn'a wheat and other cereal
cr0pt save exceeded all previous rec.
ordk hi quantity and quality. aud, de-
spite tho enormous Yield, prices have
been uncommoniy well maintained.
III would ID diiiacuit 10 exagEerate
the tnporisnea. OF these results TO the
Prairie Provinces and tho Domini0n
II large.
The prosperity of those engaged IN
mixcd farming and ranching ~ most
encouraging,
The -four mills In Manitoba, sas
katchcwan and Alberta are busy and
are doing we'll Their combined daily
capacity In about $4,000 barrels
The large advances Of the Dominion
Government To farmers In certain dis
tricts. principally In the form OF seed.
were made very opportunity and have
been amply Justified b.. the very large
crop yield m those districts.
Business In many important lines In
good and should continue to improve
IN returns from grain yet TO be mar.
keted nre received.
The general business outlook has
been transformed by the large crop
The returns OF the gross earnings Of
Canadian railroads for November show
those OF the Canadian Pacific In
creased ti.7gG.O0D or rs per cant for
tho last nine days OF the month Com
pared with same month year ago, In,
crease no lcas than $5.2gi, 900 or CTS
per cent against 4b pcr cont gain In
October. and decrease OF aM per
cent Ii Septemher.
n. v. ktsr&dith. ot tlse Bank Of Mon,
real. In q recent address, delivered al
Montreal declared that the most Gu
couraginK feature from trade and
finance standpoint had been the boun
tifui hMryost Of the Northwest. where
tho greatly increased area under cult
walton had given the highest average
In history OF the country. He esti
mated the grain crop OF the three
provinces at value Of over 100000,
boo, and aaid that such remarkable re
suits would have the effect OF attract
ing the tide OF immigration to our
shores. when tho world Ia again at
peace. The restoration Of favorable
balance In our foreign trade h a fac
tor or supreme Importance ut the pres
ant time.
II ID the general opinion In the East
that the 1915 grain crop In the prai
rte Provinces not only put the whole
Dominion In a soundcr trade and flnan
Cial standing, but that It will also no
suit In a big Increase In immigration
10 the West Of agricultural settlers
who will include capitalized farmers
from Europe and the United States u,
we'll an homesteaders Advertisement