The Julesburg grit-advocate., 1916-07-06
CANAOA'SEXCEllENT
FINANCIAL STANDING
Bank ciearings inerease-Aeri-
culture Is a Paying Indus
try-Manufaetures
Doing Well.

ada is on the threshold Of perhaps
the most prosperous era In her his
tory. The Unprecedented value a
the farm products of 1918, together
with the very large output of factories
working on munitions of war has sud
denly brought the country into II pO-
sittOn, financially, scarcely hoped for
a. nation for years to come. Ex-
port surplus of sJ0.OOO,O0O II month 10
making Canada very strong in cash."
Extract from official bulletin of Feb
ruary II. 1916
The response by the farmers of Can
ada to the call for increased prOduc-
ton In 1915 was II total net output
exceeding one billion dollars. an In
crease over normal years of az least
three hundred millions. The three
Prairie Provinces contributed prob
ably nearly onehalf of the total prod
uct.
The wheat crop was worth S310,WO.-
OOO, 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 We're over 10 per cent
ahead Of 1914. Other provinces shared
In the Increase. especially Alberta,
Saskatchewan, Quebec and Nova SEQ
tia. The dairy COW was ION the Job"
In 1918 So also were the beef cattle,
the pigs md the hens
1t Is not fair to the farmers Of the
Prairies to call the wheat crop Of 1918
"miracle" crop. The farmers culti-
waited more land and gave attention
to their seed. Providence gave them
favorable weather. Then they tOiled
early and late In the harvesting and
threshing. Good cultivation gave big
ger yields than careless work. 45 bush
els as against 25.
The wealth of Western Canada IL
BY no means all in its wheat crop. II
the country had no wheat at all II
would still be famous as land of sue
cessful farmers on account Of Its stock
production. From one shipping point
(High River Alberta) over S75,OOO.OO
worth Of horses have been sold In the
last two months. The average price
to the farmer has been about Sl75.OO
per head. According to Government
returns there are II million and Il half
horses In Manitoba, SaSkat tchewan and
Alberta, worth probably Sl5O.OOO, ,OOO.
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. 1t 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 nnd
farmers are the biggest buyers. A ~"-
cent report Of the Saskatoon district
shows that in two months II million
dollars worth of automobiles have
been sold. largely to farmers. Nor are
all Of these cars Of the cheaper makes !;
some high priced machines are in de-
mand.
Bank clearings throughout the West
ern Provinces show greater CONNER
cial activity than nt the same season
| In 1915 or 1914. the increase for the
last week of February being $4,000, 900
and almost S90OO.OOO, respectively.
for the first week of March $15.OOO.-
600 over 1915 and $lS.OOO.OOO over
1914. The same excellent story comes
from Moose Jaw. Sask.. where they
showed from 40 to 100 per cent over
the previous year. Calgary. Alta,
bank clearings continue to reflect the
greatly improved business conditions
as compared with n year ago. Cana
da's bank cleurings for the month Of
February, 1916 were the greatest for
any February in the country's history.
The totals amounted to S664 900 10000.
as compared with $4S7, DOG, 10000 for
the same month year ngo An in
crease of $177.OOO,OOO.OO in bank clear
ings for the month tells its own story
of the country's prosperity.-Adver-
tisement.