The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1917-10-06
Agriculture.

conditions In this. the Tenth Federal
Reserve district. issues the foiiowing;
Agriculture.
The estimate for corn has been mate
rally increased IN the district. depend
ing only upon the delay Of hurtfui
frosts. The present estimate for Ne
hraska. Missouri. kansas and Oklahoma
indicates an Increase OF approximately
ss per cent over las; years crop OF
900 bushels. While the entire
country shows an estimated increase OF
hut IS per cent For the dtstr.c; The
increased wheat acreage. officially ~
qaes,ed for fail planting. amounts 70 II
per cent over las; year. and with fav-
Orable conditions Il r. believed tha. even
A greater Increase win be fnai.e IL j.
thought that through the cooperation
II various interests the threatere>
shortage OF .ssei w.les; has. been large
~ obviated-
Live SiOck-
There were heavy shipments Of cat
tie to the local market in early August.
but the u1avement was materially
checked by rains and improved pastur-
age. particularly IN Kansas and Okla
houlz- The important markets o. the
district reflect receipts q approximate
IL per cent more than Tor that month
a year ago. Hog receipts. however. At
the same markets show decline 81 =
per cent and sheep 20 per cent The
average weight of hogs received locally
was only ls0 pounds. the liShtest since
last Noyember. and the lishtest on rec
ord for August
state councils OF defense are urging
farmers 10 hold stock for fun maturity.
owing TO the predicted general shortage
Of meat animals and the necessities Of
the future.
A rare period in the. history Of the
markets has existed. with cattle. hogs
and sheep soaring al the highest levels
az one and the same time
Petroleum.
Producers are stsil complaining that
the scarcity OF oil.weu supplies. par
TALLY. at least. Offsets the advantages
Of high prices for crude petroleum. and
yet there are indications that this stu
alton is gradually being relieved In
Kansas and Oklahoma the results Of
operations have been good. and there
are bright prospects for an increase Of
production Il Is quite evident that
more wells viii be drilled in these two
states during the next twelve Iaoaihs
than ever before in a similar period.
There has been considerable develop
ment in Coiorzdo's shale oil industry.
stills for the distillatiOn OF oil from the
heavily impregnated shales have been
erected and machinery is being manu-
factured for assembly at the workings.
Lumber and Construction.
The lumber market has been quiet.
and fall activity is opening later than
usual. Prices show no inclination 10
break. Notwithstanding the fact that i'm
mense government contracts are near
ing completion Lumber stocks in re-
tan yards are probably no more than
normal and with the increased purchas-
ing power of the farmers a better busi-
ness is In prospect throughout the in
dustry. many predicting more activity
than for years. Notwithstanding high
prices and labor shortage. An improved
car situation is noted and is expected
TO continue during the greater part Of
the fall
Valuations Of August building permits
in eleven important cities show a total
of II per cent less than for the same
rnonth a year ago Denver and Wichi-
Ia, however. report increase Of IS per
cent and 100 per cent respectively. the
latter being the fourth largest gain re-
ported for the entire country.
Labor Condition.
The labor situation has been acute
IN, frtHr ia
especially freight transportation and
meat packing. Probably the most seri
Gus difficulty has arisen out Of the pack
ing house strikes. owing to the impedl
ment they forrned to pressing needs of
the government 4 hopeful indication
in all cases is the continued disposition
Of the parties most interested 10 arrive
at speedy settlements. and the work n
government mediat0rs has been most
effective There Is an increasing short
age Of help in all lines by reason OF the
cell to the colors and this has appar-
entity affected farming and mining par
ticulariy.
Mercantile Affairs
The marked improvement in crop /
prospects has stimulated business Of |
wholesalers. and retail distribution is
increasing. Wholesale dealers in dry |
goods. clothing. millinery and shoes re-
port country merchants buying freely |
for fail requirements. Manufacturers |
If all kinds OF wearing apparel are
working full forces 20 complete the fall /
orders. Compared with a year ago. sta
tistics for August for the states which /
are entirely or partly within this distric; |
Indicate a slight Increase in purchases
an increase in Indebtedness Of per
cent and in collections OF Il per cent
The implement business continues
very good and there has been a strong
lemand for wheat drills and corn har-
vesting machinery. owing 70 the excel
ent prospects. and jobbers are shipping
as fast as received from the factories
The existing scarcity Of labor is evi-
ienced by an urgent demand for all
.laSses of power machinery
Army and export purchases OF -four
rave kept local mills operating AZ ca
lacity. All wheat offered has been read.
~ taken but receipts have thus far
,een Of comparatively small volume
Visible supplies are much lower than
I