Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1925-03-12
BUSINESS PROSPECTS

For the first time since 1920 the wholesale price of
farm products reached parity with the alcommodity
price in the last week of January.
Meaning that the farmers dollar is nearer in value
to the industrial dollar than has been for four years
Equality has not yet been attained because farmers do
not receive the wholesale price but the tendency in the
right direction.
Last year the total farm value of all crops was
roughly ten billion dollars In the trough Of the depres
sion in 1921 it only and half billion. Each
year since has shown marked improvement.
Will the continue to rise throughout 1925? AS
far anyone conditions favorable for
continued improvement
Business in all lines in this country is optimistic
This spring starts under better auspices than last spring
Then we had big production year behind u.s. Pro 9d9
There heavy carryover OF goods Radical political
thought dominant both in this country and abroad
No then had any confidence in the immediate
future. Most European governments totterng and
foreign currencies had little value In this country
boc-ridden Congress was in eruption and pin-headed
politicians putting out barrage of mud balls
against the national elections
All this conspired to dash the hopes of early spring
and gave last years gloomy business summer when
the steel mills shut down. textile mills did not operate
and labor below the preceding
despite the high wage rate.
This spring, happily, flies appear to be lowering
there elections next fall European finances
mendng governments stronger and financial affairs
were never more favorable
A few headings culed from the January Com
merce Reports reveal conditions abroad
British Industry
Italy Begins in Strong Position.
Belgian Satisfactory
Advancing Prosperity in the Netherlands
Polish Conditions Brighter.
Business Outlook
Indian Outlook
Foreign borrowings in the United States were heavy
in 1924 and show signs of decreasing This in
dustral revival abroad with increasing demands for
American materials and foodstuffs Late this year
next year it may bring foreign made goods into indus
trial competition in this country and decrease in do
nestle production with narrowing of the domestic
ke for farmers produce This feared in quarters
but it is not likely that Europe will be serious contender
for American markets for considerable time to come
In the meantime steel mills running at al
most 80 cent capacity the highest since 1919 Bust
conditions throughout the Eastern section of the
creased GA per and the number of workers increased
% per cent in the Philadelphia district.
Car loadings on the railroads have been making
seasonal records throughout the winter The years build
ing program calls for the expenditure of
and all prices higher than last fall
In farm commodities there are certain to be high
hog prices throughout the year due to B per cent de-
high and will higher Beef prices due to rise
in sympathy with other meat products.
Dairy products should show recovery from the
low point of the winter while the prospect for egg prices
continuing high excellent.
There have been heavy exports of cotton and these
should continue The price of the fiber is not likely to
decline throughout the year Grain prices fall will
last year.
All in ALL conditions are favorable for greater to-
tai national income from agriculture this year than last
Domestic consumption because of full employment will
be at the peak and foreign demand should show in
because of industrial reviva-The Country Gen
tleman