The state herald., 1917-01-12

Clearings -. .CSs. .256,O5 SIC, 6,S39,373
Denver Bank
Deposits e. .11s.s5o.74o so.455,224
Denver Manu-
featuring ..... 100000 es,5ss.547
Denver Build
ing Permits. 4.o37.44O 2.64s.575
Coal Produc.
ton, Tons. 1o.1S4,1Os s.7l5.3s7
Denver.-Colorado opens lis accounts
for 1917 with the largest volume OF
business within the history of the
state to the credit of 1916. More than
$400.000,000 worth of transactions 10
the record Of the year. and as the
period ends the state stands upon the
highest peak of its prosperity, will all
underlying financial conditions thor.
oughly sound and forecast Of anoth.
er season Of expansion and growth bo-
fore It.
Colorado farmers made moro money
from practically every crop in 1915
than ever before in the history Of tho
state. and this In spite OF lower aver
age yields. The government figures
show . total value for the states az
ricultural output OF 3111. .4s4.170, an in
crease of $33.2s2.23o over 1918. High
prices for practically every commodity
produced by the farmers and orchard.
lists OF the state were the cause Of
this enormous increase in cash reve-
nues.
Colorado has Just experienced It's
greatest year In mineral production.
Reckoned in dollars and cents 1916
looms far ahead Of the boom days OF
Cripple Greek and the other great min.
ing camps and this despite falling off
in gold production. The actual value
OF the years output Is s53. $50 900. or
H.5C5.97l more than for 1915.
Thirty-one per cent. Of all the beet
sugar produced in tho United States
was made in Colorado" A gross rs-
turn of 3a6.7s9.05o is tho record for
tho year and the farmers were paid
nearly 3.ooo.o 900 for their efforts. The
German monopoly Of sugar beet seed
production was broken and Colorado
has shown that she can be entirely In
dependent Of Europe 80 far as this
great yearly harvest is concerned.
Colorado factories increased their
payrolls last year by s3,oOo.O 900. giving
1000 more persons employment than
In 1915. The total value OF Denver's
manufacturing output is estimated at
CSC. 900. 900.
Tungsten came Into unexpected glo.
~ during tho year. The war sent tho
price OF this metal to unheard-oi
heights and increased tho value of the
total of production from sl.6s7. .32s to
100000.
The Denver Union Stock Yards ex-
pcrienced n year that proved record
breaker. An increase Of $4,000, 900 in
the value OF all domestic animals In
tho state is recorded. Denver has be.
come ono OF the nations most import.
ant packing centcrs and the total
value OF the business has Increased
from sI5.oo0.ooo In 1915 to 5000. 900
In 1915.
Silver. sino. copper and lead showed
extraordinary gains. while the increase
In the production Of tungsten 10 really
staggering.
II II is true that the automobile and
prosperity 70 hand in hand. then Colo.
rado must be well up In the vanguard
Of the procession OF prosperous states.
for there nro $4,000 within her do.
main.
with 100000 acres OF Colorado
land already being cultivated under ir.
iigation. the state has sufficient wa.
.cr to irrlgnts at least 100000 more.
acres. Tho minimum waterpowcr avail.
able tho year around Is 100000
horsepower and tho maximum durins
six months Of the year Ia more than
100000. Less than 100000 horse.
power has been developed at the pres.
ont time.
Weld county ranks first among the
counties OF Colorado In agricultural
products. estimated for 1916 ut sit..
900. 900. II stands next In limo TO Den.
yer IN nsscsscu valuation ana In the
number OF automobiles owned there.
with n population OF $4,000 II reports
3.5oo machine. or ono machine to ev.
cry three families.
Mover In the history OF good roada
or since tho advent OF tho automobile
As commercial and social necessity
In Colorado has 70 much improvement
Of highways been accomplished In
twelve months as during tho year Jus,
passed. Never before has the work OF
building good roads been extended
over 20 vast mn area OF the state NJ
during tho year 1916 Every county
In the state contributed Bomothing 10
the extension Of permanent good roads.
Colorado poultry brought s9.bo0. .o0o
10 breeders during the yoar. n gain OF