The flour mills in Manitoba, Sas
katchewan and Alberta are busy and
ar^ doing well Their combined daily
vapacity is about 27,000 barrels
The large advances of the Dominion
Government to farmers in certain dis
tricts, principally in the form of seed
were made very opportunely and have
been amply justified by the very large
Crop yield in those districts.
Business in many important lines is
good and should continue to Improve
AS returns from grain yet to be mar
keted are received.
The general business outlook has
been transformed by the large crop
The returns of the gross earnings of
Canadian railroads for November show
those of the Canadian Pacific in
creased $1,786,000 or 78 per cent for
the last nine days of the month. Com
pared with samt month year ago, in
crease no less than $5,291,000 or 67.6
per cent against a 45 per cent gain in
October, and a decrease of 4% Per
Cent In September.
H. V. Meredith, of the Bank of Mont
real, in a recent address delivered at
Montreal, declared that the most en
couraging feature from a trade and
finance standpoint had been the boun
tiful harvest of the Northwest, where
the greatly increased area under culti
vation had given the highest average
'in history of the country. He esti
mated the grain crop of the three
-provinces at a value of over $400,000,
'000, and said that such remarkable re
sults would have the effect of attract
ing the tide of immigration to our
shores, when the world is again at
peace. The restoration of a favorable
balance in our foreign trade is a fac
tor of supreme importance at the pres
ent time.
