The Tabor independent. [volume] (Tabor, S.D.) 1913-19??, 1916-01-13
WESTERN CANADA'S
GREAT HARVEST
Decidedly Encouraging From Ey-
cry Standpoint.

Speaking Of conditions generally in
Canada, the most encouraging feature
OF the year, from a trade and financial
standpoint, has been the bountiful
harvest of the Northwest, where q
greatly increased area under cultiva'
ton has given the highest average
yield in the history Of the country. II
Is estimated that the grain crop OF
Manitoba, Saskatchewan and Alberta
has a market value to the producers OF
approximately four hundred million
dollars, in the use of which we may
anticipate not only the liquidation oil
much Indebtedness, but the stimula'
ton of current trade.
The annual reports of the various
banks throughout Canada are now be.
ing published. They SAVIOR Of opti
mism all the way through, and, con
trary to what might be generally ex
pected in war times, business is good
everywhere
Il The General Manager of the Bank OF
Montreal at the recent annual meet.
ing said: The position OF Canada is
highly favored one, with an assured
future of growth, development and
general prosperity"
In the same report it is said that the
Canadian West has recovered to a
marked extent from the economic dis
location of a year ago."
The seasons wheat and other cereal
crops have exceeded all previous rec
ords in quantity and quality, and, do
spite the enormous yield, prices have
been uncommonly well maintained.
It would be difficult to exaggerate
the importance Of these results to the
Prairie Provinces-and the Dominion
at large.
The prosperity Of those engaged in
mixed farming and raAching is most
encouraging. . ....
The -four mills in Manitoba, Sas.
katchewan and Alberta are busy and
are doing well. Their combined daily
capacity is about $1,000 barrels.
The large advances of the Dominion
Government to farmers in certain dis
tricts, principally in the form of seed,
were made very OPPORTUNITY and have
been amply justified by the very large
crop yield in those districts.
Business 10 many important lines is
good and should continue to improve
as returns from grain yet to be mar
keted are received.
the general business outlook has
been transformed by the large cror.
The returns of the gross earnings Of
Canadian railroads for November show
those of the Canadian Pacific in.
creased $1,796,00o or rs per cent for
the last nine days of the month. Com
pared with same month year ago, in
crease no less than 1921 900 or 67.6
per cent against As per cent gain in
October, and a decrease of Az per
cent in September.
n. v. Meredith, Of the Bank of Mont
real, in recent address delivered at
Montreal, declared that the most en-
couraging feature from a trade and
finance standpoint had been the boun-
tiful harvest of the Northwest, where
walton had given the highest average
I'm history of the country. He esti.
mated the grain crop If tue three
provinces at value of over $780, 00,-
900, and aaid that such remarkable re-
suits would heve the effect Of attract.
Ing tho tide of Immigration to our
shores, when the world is again at
peace. The restoration OF favorable
balance In our foreign trade lie q fac
tor OF supreme Importance at the pres
ent time. .....
X Ia the general opinion in the East
tt.st the 1916 grain crop H. the Prai.
lie Provinces not only put tho whole
Dominion in sounder trade and flnan-
cial standing, but that it will also re.
suit In big increase in immigration
TO the West Of agricultural settlers.
who win include capitalized farmers
from Europe and the United States as
well as hotnesteaders. -Advertisemeut
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