The Washington herald., 1921-08-09
|CANADA'S WHEAT
TOBRINC WEALTH
FROM OVERSEAS
300, 100000 Bushels to Be
Sold for Four Hundred
Million Dollars.
EUROPE WILL, BUY TT
Demand from Abroad Has In
creased Value of Crop
100000, 900.
EUROPE WILLIE BUY TT

King In Canada this year, anu
yield Of 3oo,o0o,0o0 bushels Is ex-
pected. which should be worth over
s40o. 0o0, 900 TO the country. The
especial value of such a crop is To
be found in the fact thatSa large
part Of IL will find a market
abroad, which will mean a food of
new money into tho country. Until
two months ago. II was thought
that the chief problem this fall
would be to market the crop; but
this danger has been quite dis
PEELED. Europe needs food. and will
take about all that the United
States and Canada can supply. The
growing strength Of this demand
has probably Increased the value OF
the crop by seo.ooo.ooo.
The center OF the western grain
harvest will be Saskatchewan. It
is difficult to predict the size of
the yield. but with its nearly H.
000. 900 acres under crop, II is quite
probable that this province may
turn in 1so, 100000 bushels. Mani
toba is also assured OF q good crop.
Portions of southern Alberta have
suffered from drought. but the
northern districts are doing well.
In the West.
A good crop in the West usually
means considerable business for
American firms, that part OF Can.
ada being a heavy importer Of
American commodities. During tho
last three years. no less than $685.
00O. 900 worth Of farm tractors have
been brought into Canada from the
United States, and approximately IS
per cent Of these were for Western
farmers.
The port of Montreal is handling
a huge flood of grain this year, al
most double that for the same time
last year. To the end Of June more
brought down the lakes to this
port. A new record Is being estao-
lished.
Canadian vessels and tonnage
| snow continued increase. At the
end of May the number Of vessels on
TIC register was S.2S7. the ma jority
Of which were steam; the tonnage
was l,12s.230 net. During May
which included several very large
vessels.
Get the Tirpits.
Four of these big boats were for
the Dollar Line and represented q
registered. tonnage Of 22,6ls. Three
| Of them were built in England. but
the largest enc is the product OF :
Japanese shipyard. Three vessels
with a tonnage Of 10000 TONS were
also added to the Canadian govern
1 ,,A-Aa~fNlA rnArfna The
latest acquisition to the Canadian
fleet is the former Hamburg
American liner Tirpitz, a ls.3oo-tor
vessel, recently purchased by the
! Canadian Pacific for its Vancouver
Orient service.
The G. P. r. report for Jun,
shows an increase in net earnings
The gross earnings were $l4.4e1,e42
and the net earnings $ll,356,Ssf
The report for the six months end
inS June shows gross earnings $sf.
055,671 and the expenses s7l,lo5.bo5
The six months gross, while show
ling a decrease from that OF las
y,ar. was considerably above tina
for the first six months of an!
ether years in the company's his
tory. The net receipts for TIT
period were greater than for tn
same period Of any year back 4
1918.
The report on railway statistic
TO- 1920, published by the Dominion
Bureau Of Statistics, shows tina
last year was the most favoraol
experienced in the history OF cana
dian roads. The ratio of operation
expenses TO operating revenues wa
er.l7 per cent, as against es.2 pc
cent for 1919, and compared VIII
an average of II per cent for th'
period 1900 to 1917, inclusive: In
dc atoms point to an even petite
showing for 1921.
TIE railway commission has re
ceived notification from the rail
ways that following a conferenc'
with livestock interests. the freigh
rites on livestock will be reduced
J Is per cent, this bringing them u
where they were before the increas
OF last fall went into erect. I'M
concession will mean much Z
stockmen who were hard hit durin'
last year by the raise. othe
freight rates remain unchanged