The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1916-07-27
CANADA A'SEXCELLENT
FINANCIAL STANDING
Bank Clearings lnCrease-Agrl-
culture Is a Paying Indus
try--Manufactures
Doing Well.

buNlntSS tAlPIlN uHNtIi Nllhl NNh
ada is on the threshold of perhaps
the most prosperous era In her his
tory. The unprecedented vnlue OF
the farm products OF 1913, together
with the very large output Of factories
working on munitions Of war hus sud
denly brought the country into a po-
sition. financially. scarcely hoped for
as a nation for ycnrs to come. Ex-
port surplus of S5O.OOO. 900 month ls
making Canada very strong In cash.
--Extnci from official bulletin OF Feb
ruary n. 1919.
ndn to the Gull for increased produc'
tion IN 1913 was total net output
exceeding one billion dollars, nn In
crease over normal years Of nj least
three hundred millions. The three
Prairie Provinces contributed prob
nbly nearly one.half of the total prod
uct.
The wheat crop was worth $3lO.OOO..
900. and accounted for about 30 per
cent OF the total agricultural product.
Other things counted also. Look at
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 and Novn Sco-
tia. The dairy COW was ION the job"
in 1913. So also were the beef cattle,
the pigs and the hens.
II IA not fair to the farmers OF the
Prnlries TO call the wheat crop Of 1918
n miracle" crop. The farmers cult
waited more land and gave attention
10 their seed. Providence gave them
favorable weather. Then they toiled
early and late In the harvesting and
threshlng. Good cultivation gave big
ger yields than careless work, 45 bush.
els as against IS.
The wealth of Western Canada is
by no means all In It's wheat crop. II
the country hnd no wheat at all II
would still he famous ns n lnnd of sue
cessful farmers on account of Its stock
production. From one shipping point
(IIigh River. Albertn) over S7h.0O0.OO
worth Of horses have been sold In the
last two months The average price
60 the farmer has been about $l7h.OO
per hend. According TO Government
returns there nre u million and half
horses In Manitoba. Saskatchewan and
Alberta. worth probably Sl50,000,0dN
The Investments which farmers OF
Western Canada are making In live
stock and farm improvements are
good evidence OF the fact that they
have money for these purposes. II Is
apparent. however. that they are also
spending some OF their profits on
those things which will bring greater
comfort and enjoyment TO themselves
their wives and their families. The
automobile trade all through the
country Is particularly active. and
farmers are the biggest buyers. A 50
cent report OF the Saskatoon district
shows that In two months II million
dollars worth Of automobiles have
been sold. largely TO farmers. Nor ar,
all Of these cars OF the cheaper makes
some hlgh-priced machines are In de
mand.
Bank clenrlngs throughout the West
crn Provinces show greater CONNER
ciai activity than at the same season
in 1918 or 1914. the incrense for III,
last week OF February being SS.0O0,OO,
and almost S0,0O0.0OO. respectively
for the first week of March $4,000,
900 over 1915 and $1S,000,000 owe
1914. The same excellent story come
from Moose Jaw. Sask., where the!
showed from 10 TO 100 per cent owe
the previous year. Calgary, Alta
bank clearings continue TO reflect tn
greatly improved business condition
as compared with n year ago. Cana
da's bank clearlngs for the month o
February, 1916, were the greatest 70
any February In the country's history
The totals amounted TO S664, ,222. .OO00 0C
rs compared with SIS7. .296 10000 10
the same month year ago. An In
crease OF SIT 900, 10000 In bank clear
ings for the month tells Its own stor.
of the couDtry's prosperity.-Adyer
tisement.