The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-07-28

QlceCLlOn OF business recovery. kAuu
in the revival of business which is sure
to occur, we anticipate that farming
will be one Of the first lines Of bust
ness to be benefited.
There are several reasons why the
farmer now should take an optimistic
view of his business situation. The
wheat carry-over from this season has
been the smallest il, years. The latest
information indicates that the 1921
crop is no larger than the 1920 crop.
Stocks of wheat at terminals and in
country elevators are reported to be
more than so percent lower than a
year ago. The visible supply is the
smallest in eighteen years.
The supply Of flour in the hands OF
merchants as well as consumers IS
very low. There was 20 percent less
-four manufactured during the year
ending June LIST than du1ing the pre-
ceding year.
y. OF vital interest to farmers is the
fact that there is decided shortage
| in livestock. If per capita consump-
ton of meat and meat products were
suddenly to return to normal, the de-
| mand for meat would be far greater
than the supply. 80,
During the first five months of 1921
there were 7,716 business failures IN
the United States as compared with
2,678 for the corresponding period OF
| 1920. An expert statistlclan estlmates
that at present there are about three
million persons ordinarily employed
in industries in the United StS;es ou1
of employment. 1t has been demon
strated that the family OF man VINO
has employment consumes three times
as much Of the things people eat, wear
! and use, as it does when the head OF
the family is out of employment. Lat
est information indicates that the
number of unemployed has probably
reached the maximum and that un'
employment is now on the decline.
One can readily see that as work
ers in textile mills, shoe factories, au'
tomobile factories, furniture factories
etc. are resuming employment, tnel1
requirements will be proportlonately
increased. Certainly this means !; g
great demand and better prices Tor an
the things which are produced py
farmers. Lack of employment cannon
he improved until utilization OF pro-
ducts produced is resumed.
Add to all this the determination OF
the farmers of this country to cake
hand in the marketing OF their OWE
nroducts. which most assuredly VIII
result in farmers getting better
prices or at least getting larger per n
centage of the final selling price o.
their stuff, together with the probable
reduction in freight rates, ano w
have ample reason for feeling optlmis.
tic in regard to the situation the
farmer will find himself in a re"
months hence.
There are other favorable signs ane
we will admit few clouds on the horl'
zon. but taking it all in all the situa'
ton warrants reasonable optimism
Better times for agriculture are com
ing. and coming soon. The farmers
who profit most during the next feW
wears will be those who keep eyes anc
ears wide open for every bit OF lntor
nation that will help them to Judge
what is best for them to do in the con
duct of their own business.
Buy the things you need to enaDi'
YOU to produce crops and livestoci
economically. If you can cut the cos
of producing q bushel of wheat by II
cents, that is equivalent to getting
10 cents bushel more for it.
Successful Farming is working oy
ertime in an effort to keep its read
ers fully abreast Of the times. Tn
city of Washington is an importan
point in the farmers geography a
the present time. We are watchlnl
things there, and elsewhere, closet.
and will give you the full benefit o
our observations Successful Farm
= ing, @.'E. " 81 i, Eth