The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1922-12-07
REPUBIJCAN PROSPERITY o.
HAND N EVERY SECTION
or COUNTRY


Prozrerffy e. tha resuif - the
presant zdri1fstrzticr confi1uss %
increase. Business. Industrial ard
aErie1lt1raI conditions show steady
improTemeut From svery Eectio1
q the United States come TIE sane
rep0rts-
me ChIeszo Joint Stock LanI
Bank reports that borrowers an
ticipatsd their loans due November
] 10 the extent % 90 per cent
both a. % number and amOuns-
Banks handling farm UOrtgage
loans reDOrt an increase ln the mum
Der Of mOrtgaEea lifted and stili
increase in the number o. mort
- zes which have been materially
reduced The ChicaF0 FEDERAL Re
serve Bank TepOrts that loans asked
b. livestock Interests are Jess than
one-third the amount asked year
ago.
The War Finance Corporation
continues 10 report tremendous h-
quida,l0n ~ loans advanced bY Il
q year ago and comparatively fsN
new loans being requested. FDT
example. during the last two weeks
in Oct the agricultural and live
stock Interests repaid loans Ga the
sum o. gs,ZO7.Gg0 while only II
new loans aRregating 1901 900 we're
asked ~ the War Finance Cor
poratiOn.
There o. every reason Why this
favorable condition should be re-
ported from the agricultural sec
iiona Cattle are selling a. price
which have not been equalled since
1920. In addition % these higher
prices. az compared with a year
ago. the shipmeut Of cattle during
October was - per cent greater
than year ago. This taken 70
gether with the fact that live
stock Interests are not compelled
70 rush their cattle 10 market thiz
year because Oi the War FINANCE
Corporation Standing back Of tnc1a.
clearly indicates that WbAteyer
movement there i- Oh I've sock IL
being made az a profit
The movement Of grain "a the
largest az this time that ID has been
at a corresponding time In more
thas five years. Primary markets
are already !n receipt OF 10000
600 bushels more wheat than they
we're at this time last year. On fac.
Of the fact that thrrOut the wheat
belt there Is lack ot sufficient cars
20 accommodate those who wish 10
snip their grain
The effect Of this has been very
evident In the business world.
Throughout the agricultural sections
the sales OF all classes Of com modi-
ties have greatly Increased. The az
Ticultural sections are stili haEdi-
ufaCtured products have not de-
creased in anything like the proper
tiOn that the prices Of farm pro-
ducts have decreased but there is
the compromising feature that the
cost Of producing this yeats crops
has been very much smaller than for
five years.
Turning 10 tLl Industrial aitua-
tiOn one iiud tho improvement is
even more marked The las. report
Of the United States Employment
Service OF the Department OF Labor
shows that out Oh 40 MAJOR iulu5-
trial groipa tnere mas been an in
crease OF employment lu u. Oul
OF 65 ciue- cDOrt.uEs 55 showed la
crease iu employ 0ymcuL
Nearly cry industry reports
tlAhha.rN Na H. lAA I.NaA aAA HAtrN
10 justify che prediction tha thC
pres ut activity Will continue inden
nitely New England te,tile Mills
are buHier than they have .Ceu lOI
more rhan two years. The great
est shoe company in the United
States has finished the greatest
months business in its history. No
tor car production iu October waa
far ahead Of any previous month.
The building Nrades report the
greatest year in history, With each
months construction contracts ex,
ceeding the previous month and
with the opinion OF building trade
experts that II will take three year.
10 catch up with the legitimate de
mand for more buildings OF all
kinds. This tremendous activity IN
the building trades has very natural
~ brought about corresponding &C
tlyity In the lumber, cement. brick
steel. iron and other Industries fur
nishing building material.
The financial situation reflects the
prosperity Of industry and the les
SEEMING OF the tension IN asricgltur
al sections The last report OF IN,
Comptroller OF the Currency lhow.
that the national banks OF the cOUn
try had $4,000. 100000 more Gepoa
It's IN September this year than IA
September year ago and $1,000.
100000 more loans.
Increased output OF factory and
farm has naturally faso o. al
fCcted the railroads. RcgO no
that car lOadlngs for the past siS
weeks have exceeded all records
with the exception Of .UIe fcv
made al tho height OF the traffic
during war Tines
Tho postal departmcH le1i
the Tremendous ildu8.r.a iyal
Reports received az the ~ de-
D. mgui iJr tho mon 0hg
from 90 rcpro5entatls ria
cities show postal reCe b'
1OG per cent greater ans
previous month. Thir hess
c' sea showed an incr, lOr'