The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1916-01-11

We quote from our Review, 1913 Posi-
bilities," January 9Th, last year, 1918 ush-
ers in year of promise. The tide has turn.
ed" We reviewed the market possibilities OF
Bethlehem Steel Central Leather, Beet SUI
gar, Studebaker, Copper stocks and United
States Steel, concluding with Now IS the
time to act. Don't be left at the post.
The financial mercantile and stock market
movements of 1915 will go down in history
1916 possibilities should work out, as year
ago, but within more reasonable range. we
are uncovering and expanding our resources
beyond the grasp of the average layman. Inc
United states now produces practlcaliy every
commercial commodity. 1t produced DO per
cent of the worlds output OF petroleum; ~
per cent coal and iron and 81 per cent lead
and zinc To fertilize the soil we nave phos-
phorous in abundance; we raise all grains, III
Vulnerable vegetables and fibres known only
in the temperate zone and some OF those III
the seni-tropics. We have water power
which will generate 60,000,0OO horse power;
water plants to irrigate l5,O00,O0O acres ana
the water flowing idly into the sea, II dlve YER
eded towards the soil, would support oo'ooo'-
900 people comfortably.
Alaska, containing 400,000,OOO acres, pos
sesses mineral wealth that has hardly peeh
touched The European war shut OIL 1orelgn
supply Of chemicals, but we found way 10
supply nitrates benzol, tuluol, coal tar ana
line dyes, etc., and these were 1919 possloll-
ties. Various products, needed by us, mere
tofore dependable on others, will now be pro.
duced in this country and in volume. CUT OIL
from materials supplied by Europe tnat loss
has inspired us to greater endeavor; mus We
perforce, realize on the natural resources ol
our wonderful land. ooo ooo
Our 1915 trade balance OF 81 ,loo,ooo;Ooo
is solid foundation on which to turther
build and multiply our industries. we nave
repurchased from Europe 81 40O,ooO,0o0 Oh
securities; about 33 per cent oflthe American
securities held abroad. n,
The gold in United States Treasury, 81
9s1 100000, is the greatest in our history, In
a word, the United States has covered more re
Ground in the past IL months than IN any IL
years of its history. ,o
Railroad net earnings in 1915 increased ~
per cent over 1914. Exports over imports IN
creased 438 per cent. Gold imports over ex-
ports S438, 100000, or 662 per cent. We have Y,
loaned foreign nations $90O000 ,0O0, ana sun 81
our banks are overhowing with money. Inc
recent holiday trade throughout the country
disclosed that people have made big money
and are willing to spend 1t. Thus a greater
wealth divided amongst our people is lndicat-
ed. Prevalent economy and thrift is lnd mol
Gated. Prevalent economy and thrift is lndl-
Gated in New York State Savings Bank de-
posts of $1,791 ,OOO, 600. il.
This new wealth will find it's way into Cir
culation through new industrial enterprises.
The demand for all commodities is tremen-
dous Indications point to a runaway OIL,
copper, steel and lumber market. The de-
mand for COAL both domestic and export II
# ,>, continues will cause coal shortage ere
long. Lack of shipping and terminal facll,
ties has caused an embargo on numper OF
railroad lines; money rates are at the lowest
average in generation. ooo 40
Steel production is at the rate Of 40 OO0, 900
| TONS per annun, almost double that OF 1914.
| FOR SALE 80
| II. F. "
Real Estate. Fire lnsu
Room $40 Union Bank Bldg.
--f