The Tucumcari news and Tucumcari times. [volume] (Tucumcari, N.M.) 1907-1921, 1916-09-21
MAKING RAPID STRIDES
Canada improving in Every Way
Alphabetically, Commercially
and Financially.

The reports coming to hand every
dry from all branches OF industry In
Canada speak highly OF the construc.
tive ability Of that country.
Recently the managing directors Of
the Canadian Credit Mems Assocla-
ton gave out the statement that bust.
ness In Western Canada was good. In
every branch II Is better than In 1913,
and everyone will remember that In
that year business was excellent. He
says:
THE beauty OF II Is the way In
which payments are coming in. Mcr.
chants all ovcr the West are taking
their cash discounts. Such u transfor-
nation | never saw.
"From the records In the Office !
Knew II was getting better. We clear
here every retail merchant In the Gun
try every three months, and we are
therefore I'm the closest touch and have
Intimate knowledge Of the way trade
Is going and how payments are being
made. Conditions ut the present mo.
ment arc better than | had dreamed II
was possible that they should be.
1.-The statements which we are re-
cclving with reference 10 the standing
OF country merchants indicates that
there will he very few failures this
fall. II Is quite remarkable. Men who
have been behind for years and In the
hole are actually paying spot cash for
everything, and taking their rash dis.
counts Banks and loan companies
this fall will have more moucy than
they know what 10 do with.
This Is about the condition OF trade,
and am glad to say there Is no cXag-
gcratlOn In what | have said. The
business Of the prairie provinces Is In
splendid condition"
Crop reports are nlso good. From
all parts IN the word that the crop
conditions were never better, and the
situation ut the time Of writing is
that there will be fully as great a
yield US In 1918, when the average OF
wheat over the entire country was up
wards of 80 bushels per acre. The
harvest therefore will be Il heavy one
nnd, following the magnificent harvest
Of last year, the farmers OF Western
Canada Will oil be In splendid shape.
Old indcbtcdncssCs, much of which
followed them from their old homes,
are being wiped out, improvements are
now being planned, and additional
acres added to their present holdings.
During the past year there was a
large Increase In the land sales both by
the Canadian Pacific and Canadian
Northern land companies, as we'll as
by private individuals. A great many
of che purchases were made By farm
ers who thus secured adjoining quar-
tiers or Knives, the best evidence prob
ably that could be had of the value
Of Western Canada land when those
who know the country best ARE adding
TO their holdings. A number of out
silers have also been purchasers, nut
very little land has changed hands for
speculative purposes.
An evidence of the prosperity Of the
country IL found In the fact that such
a large number Of farmers are pur-
chasing automobiles.
Alleged hard times In Manitoba have
not dampencd the ardor of motorists
or prospective ones. The automobile
license department reported a few
days since that there are 1000 more
private owners of ears In the province
this year than last. The number Of
licenses issued this year WIS l0,I00, as
against $500 last year. At an aver.
& cost of $1,000 each the newly pur-
chased cars represent n total outlay Of
$1,000, 600, while the total number Of
cars In the province are worth approx
imately $l0,O00,000. The new cars are
of modern types.
Many people, for some unexplained
reason, have feared and continue to
fear that this country will experience
a period Of Industrial and business
dullness after the war. There seems
To be no justification for such u specu.
lation.
On the contrary, there are sound
reasons for belief In the prediction Of
Mr.. Kingman Mott Robins. vice presl-
dent Of the Farm Mortgage Bankers
Association Of America. who, In the
Monetary Times, declares that Canada
Will experience her greatest propor-
uonate development In production I'm.
mediately after the conclusion OF the
a The country will certainly have
exceptionally favorable commercial
conditions to take advantage Of.
There will be the great need OF Eu.
rope In the work OF reconstruction.