Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1916-12-31
STATISTICAL RECORD.
Expectations OF further remarkable

Expectations OF further remarkabl,
progress in domestic finance, com
merce and industry were fully real
lied during the year just ended De
spite international complications, dis
appointing crop results, labor trou
bles and other adverse factors, gen
cral business attained record dimen
sions. with prices and profits unprece
dented, and the enormous expansion
in merchandise exports, due mainly
TO the war requirements, placed this
country in the foremost position in
the worlds money markets.
The unexampled economic progress
of this nation during 1916 was re-
Elected to all the traditional barome-
tiers that measure the sixe and fall OF
business. The demand for skilled ia
Dor everywhere largely exceeded the
supply and, though the extreme living
costs proved burdensome in many
quarters, deposits were swelled ma
teriaIly, with wages at the highest
point ever known.
monetary Sonai'ions'
Nothing demonstrates more forci-
bly, the remarkable progress of the
United States than the fact that over
$2,000,000,000 in foreign loans are at
present outstanding in this country.
a. rough calculation new foreign
financing tho eaa,kaI
~ ,hs sno nno oa M lh's country reached
s I.S III lne year JUST ended
aau Was more yariea than IN i9i9,
W"ne .dpitai appneat'ohs ny doines-
Us railway ana industrial corpora
uons we're on an augmented scale
ana offerings OF state and municipal
securities were also extensive.
= Reviewing briefly the course. Of the
view YORK money market IN 1910. 1t
sppears that prior to the December
hurry, When me call rate touched IS
PER eent, oa per cent was the highest
auo'a'ioh ior day-to-day aeeommoaa.
on. Turing most OF ine year call
,osas VIZ avaiiap,e wen oeiow . per
~ I'M Snu o,.en ~ Per cent OF under,
: .mu ,n,ailnuni oelng ~, per cent IS
n.s,Ia.'as ,'hc ease N time FUNDS,
no.liihg nigner than "a per cent was
askeu on any maturity up to June and,
.nougn tne SITUATION tightened pereep-
uoly around mid-year, the hrmness
was temporary ana rates ruied on
le..a.Ne'y low OASIS untii the pegin-
nhs o' december.
roleign exchange
NO iepeution OF tne violent huetua-
.'ols mat enaraeteiizea the sterling
ns ane. ~ iyi9 was citner
sMpee.ea o. wl.nessea curing me year
, us enuea. NEUTRALITY-SUSPICIOUS. INC iur-
y. u,e. .ennaiknp eNPansion III comes
AZ ~ s s,,n eApo,,s, ia.es on Lon
uo, iuowis AZ gary SHARP az
, .as sSlieu ohiy apoue ! sen. N .ne
puanu. Isen.s ~ eoh''neh'ai ex-
.nanse conuas'ed Sharply with
.ne almost ieAsureiess movements
N s'efhng ms was especially
w, 81 rates on noth Berlin and
vienna, winch went to the low.
cst levels on record, the downward
movement IN TINS quarter being in
cviaenee from the outset and meeting |
MIN comparatively little interruption,
leIlous o. depression were also noted
~ french eNchange, especially in the
spring, when bankers checks went
uown 70 INC PASS ot owe francs to
,ne,t ~ ,dd;.;ass n win .he es'aollsh.
here the market improved
Anr;.,,,.r..i p..,,,..
>. ~ Nsu''' |
~ was NOT because OF record pro-
uueuon tnat american agricultural IN
le,ests experienced the most profit
ape year OF their history in 1910, On
exn. so ,;on y..as 'ss' lnuen oeiow
dnr,;nn T. H. w." ~ pe, .en. re-
oosn ara ~ e M"ea. harvest ana
IN N. nrs,;or. ps $500, sen' s ais.h 'nah
csn,;or o,her S.r",,. N.Y.. Ma.hoa! eS-
;shad I, a.a.;,. ~ siso u'ii'ih-
an - qu a..h anu mnhe more cot
IA ss.e 'he result was
p.a e.sappomuns. fet the en-
III I I;t linus " Mhisn prices were car
NV "..ea 'he Sollio, ~, eon Va an OF the
-. ~ sssp.ss apoye |'oou'ooo'ooo-an
uap. e.eaem'eu hsute. As usual corn
mn; tup so,,o ,ne pas,,, S OF supremacy
y; W., nrS so'. sna anu anu wne , coming next
~ IVY. anu nay rahNihg iourth' In
, ,osss INSTANCE gains were SHOWN over
~ ~; anu "a 'ne prouusts enumerated
"'e 'ne'sases Me'e soiNihS'
Foreign Commerce.
While in the opening month OF 1916
.i;nh,i', , 'ns,e IA exports tell OFT
~ ~ n ,,on, Inc feeo,a.oreaklns to-
~ ~ .s ana some people