OCR Text |
Show Farm Prosperity Continues Rise 1 Map of Business r""'lit:"" TS M " -ylv. A survey of business conditions for February reveals that prosperity is steadily ruing. Increased industrial employment is stimidating demand for farm products. The resultant larger farm purchasing power is raising demarul for manufactured products. Meanwhile many prices are gradually moving higher. By L. G. ELLIOTT (President, LaSslle Extension University) Prosperity of the farmers is slowly slow-ly improving. Farm income has again risen higher, and is now the best In 10 years. The outlook is for continued improvement as long as defense expenditures remain large. Greater demand has pushed the prices of many products higher. The gineral average of the prices re-reived re-reived by farmers is about 5 per cent above that of Inst year at this time. The trend continues to be slowly upward with only temporary interruptions. Effects of expansion In industry and larger consumer incomes are rapidly spreading out into every community. Consumer purchasing power has been most strikingly reflected in recent re-cent weeks by the heavy buying in retail stores, both In cities and in rural districts. Sales have declined from the high holiday peak but they are still from 10 to 15 per cent higher high-er than a year ago. |