The Red Cloud chief., 1916-02-10
WONDERFUL PROGRESS
IN CANADA
Il Is Over the Hill--Splendid
Bank Clearings, and the Crop
Returns Reveal Vast Posi-
bilites for The Future.

There are opportunities Tor invest
ment I'm Canada now that may prove
attractive to American capital. Lahu
prices in the west are low and wages
less than on this side Of the ltne' anu
whatever the outcome OF the war; inc
future of the Dominion is assured AZ
one of prosperity In the development
of its vast resources chicago tribune
A short time ago the Canadian gov
eminent asked for private subscrip
lions to loan of fifty million dollars
Less than a month was given TOT com
pletion OF the subscription. on NO
vember 30th, the day upon when SUD.
scriptions were to cease, II was iouU"
that 10 million OF dollars had bceh
subscribed or co million dollars more
than the amount asked. II there were
any SO pessimistic as to imagine ina.
Canada was passing through periou
OF hard times the wonderful sho",ns
OF this subscription should put as'ue
| all doubts Of Canadas rapidly increas'
ing prosperity.
| The bank clearings Of Winnipeg lot
| 1915 were a billion and half OF uo'
lars. Think OF II. Then. In auditioh'
there were the bank clearings OF 'he
other cities throughout Western Gan
ada. Regina, Saskatoon and MOOSE
law also show big increase in clear
ings The Winnipeg statistics sho"
that tho city has done the bisses,
financial, commercial and industrial
business In its history In l9lo.
billion and a half are big clearings'
representing business on per cup
tia basis Of over $1,000 per head ioi
every man, woman and child In the
city, and has gone ahead or Die man
ufacturing cities like Buffalo ana
runs a close second to Detroit II
has shown bigger bank clearings thar
the middle west cities OF minneapolis
and Duluth, and has exceeded Los
Angeles. Seattle and other noted snip
ping centers II Is now side by sid'
with the ten biggest cities In Nortl
America in amount OF bank clearings
But because the war helped Canad'
recover quickly from natural eco
nomic depression II does not foiioV
y that. at the end Of the war. the coun
=. try must suffer a relapse. and straigh'
way return to state OF inactivity an
=, hard times.
:, A Winnipeg paper, with wei
known reputation for conservatism |,
economic matters says:
Canada's undeveloped fields shout
y prove mighty factor after the war I:
= adjusting the country's business froI
- one period to another. The staggerin
. figures OF this years crop. showing II
creases in production OF so per Gel
;" over last year. give slight idea OF IN
!" future wealth stored In vast street.-the
~ of prairie plain yet untouched by IN
81 pIow. The Northwest GrainDealers' A
- ISOLATION on September l estimate
'. that the wheat crop of the three Prair
- Provinces would amount to 25O,SOO on
10. bushels. On vember 10 that EST
" mate was increased to 307,23O O'
bushels. The Dominion governmei
on September l3 estimated the Yves
ern wheat crop at 275,772,2O0 bushel
IN hut on October Is those figures we
tx changed to 304,2O0,OO0 bushels.
IN Monetary Returns for the Weste'
~ Crop.
III And the amount of money which u
hu west is receiving for it's grain has n
"a yet been wholly appreciated. Up
W. the 10Th of December the Canadi;
vi west had received some 40 milli
III dollars for 1872 million bushels OF
uu grain crop, Of which l49 million bus
III els was wheat. The average price
80 No. ! Northern wheat for Septemh
~ was 1914 cents; for October ~
on cents, and for the first three weeks
10. November $l03A. On the 10th
w. December there was fully 1870 MILL
.s bushels of wheat to be marketed. III
80 would leave about 80 million bush
'e' for local consumption in the Prai
Provinces.
~. Bradstrect says:
,, confidence seems to have return
,an In Canada grain crops are except
.oo. ally large. prices pay the farmer.
on the war.order lines provide work
.or. aid In circulating much poney. Gre
30 is more freely granted. and inter
,ro. merchants are disposed to buy rat
,on literally. "--Advcrtisement.
49, -