The Bismarck Tribune Newspaper, December 31, 1930, Page 2

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

THE BISMARCK TRIBUNE, WEDNESDAY, DECEMBER 31, 1930 SHIFT FROM WHEAT TO DIVERSIFICATION NOTED INLAST YEAR| Annual Report of G. N. D. A. Predicts Development In Various Fields COAL MINING ON -INCREASE Wool, Mutton, Hogs, Poultry, and Dairying All Showed Gain In 1930 North Dakota farmers during 1930 demonstrated conclusively that they can reduce their cost of production to a point that. guarantees a profit under conditions: anywhere near nor- mal as regard prices and crop yields, the Greater North Dakota association declares in its sixth annual economic review issued today. This efficiency of operation cannot overcome the unusually low prices being received by the farmer for his various. pro- ducts as a result of current world- wide conditions but it indicates, in a measure, the special advantages the North Dakota farmer will hold as the period of general depression passes by, the review declares. “Production figures for 1930,” the review says, “show higher yields per acre on our principal cash crops than in 1929. In wheat, the 1930 ‘state average was 1.3 bushels higher than 1929, corn 2 bushels, oats 3 bushels, barley 3.3 bushels, rye 1.5 bushels, flax .5 bushels and potatoes 9 bushels yer acre. The year has been featur- r,..by.. wide ‘variatio: Minds in the different sections of the state, a situation that has caused hoth low yields and low prices to ef- . fect some parts of the state. Feed Crops Abundant “In all but a very few isolated sec- tions; feed crop returns were satisfac- tory and in many sections abundant feed crops have paved the way for further expansion of livestock hold- ings. This is particularly true in the eastern part of the state where sur- plus feed has brought about an un- usual expansion of feeding operations, which has every indication of a per- menent development, and is probably the outstanding trend in North Dako- ta agriculture of the year, Another of importance is the increase in flax acreage of half a million acres over the average acreage of the last five years.” Making special mention of the tremendous gains made in. livestock production in. North Dakota, the re- view quotes Dr. J. H. Shepperd, pres- ident of the North Dakota agricul- tural college, as follows: “Authentic figures were handed me_ recently owing that in @be last cight years, | orth Dakota re! Mutton inc:tased 362 per cent, hogs 205 per cent, poultry 152 per cent and dairying 71 per cent. The North Da- kota farmer is deciding for himself; whether he wants to operate his farm so that he competes with Iowa farm- crs as a well balanced or diversified farmer or keeps his farm on a wheat basis and tries to compete with the wheat farmers on cheap Montana or Canadian land. We are going right along on sound lines and our farm- ers are showing tenacity in sticking to the diversified program.” Business Is Spotted Business conditions during the last half of 1930 have heen spotted, the re- view reports. The tendency of farm- ers to hold back their grain and oth- er products because of current prices has been a retarding influence on trade, in addition to the generally reduced purchasing power of the farmer. As a general rule, there have been no disturbances in banking circles although a few smaller com- munities have been affected adverse- ly. Taking the state as a whole, the banking structure seems so constitut- ed now that it is relatively unaffect- ed by such a combination of circum- stances which reduces the general volume of business in most lines. Very satisfactory weather conditions, permitting regular use of automobiles in all sections of the state, has been ® favorable factor in business during the last two months. Low feeding costs and mild weather have also re- duced the overhead of keeping live- stock during the first half of the winter. The more regular income resulting from balanced farming has @ definite tendency to balance up all lines of business activity from month to month, reduces the post-harvest peak associated with grain farming, and strengthens the winter and spring periods. meee from county treasurers, and state tax commissioner, re- veal tax collections for 1930 about 8.5 per cent below collections for 1929 but not much different from average collections during the last five years, Interest payments on farm indebted- ness throughout the state have not been as general during the latter part of 1930 as in 1920 and there has been little reduction in mortgage indebted- ness this year except in a few rather favored areas. Collections of state income. tax during 1930 have been $01,208.78 below 1929. During the first half of the year land sales continued to reduce the state's excess of rented land but this movement was arrested when the Price of farm products started to de- Cline to extremely low levels. The resent surplus of tenants would! seem to indicate a resumption of this | STICKERS | you ol lle Bie ara Lert Put toe will make one can spell three words. ABtiekler Golution op Editeria) Page) ns from wool and! . Further Cut in North the oe is sends Pearl off on lane, the Bine Falcon. on, whorg Pearl's father on a ship. Ti 0 ladder so that Jack can clim! weites that day in her diary. J icked up by one of the distress? Te Shad landed in pelin to spy on Pearl, Jack reaches the the ladder, but it is cut by some one. SYNOPSIS:—Jack Stone, an air mail pilot, who made good in in love with Pearl Dare. a Zeppelin tour of the world. Jack Mrs, Frayne, a needy wido) wahts her to marry, ate on board the Zep+ Fe sge Hea & ares, ae his plape cay lease Pearl, agrees to let down a rope Pe set can clieah Jin, Jack starts SF ri Her father disay ib aboard the ye . Jack falls into the sea! UNE 22.—When falling into the sea from the mysteri- ously severed rope ladder tossed out of the Sky-Queen to permit him to come on board, so that we could have Captain Goodmaster marry us, had Jack drowned? Or, had he been in our recent vessels standing by thee—- Blue Falcon on the 8, 8. Seminole, an-airplane carrier. If his life been saved, I did not for an instant doubt he would resume his flight. “Tell me!” 1 cried, _wretchedly. appealing from Frank Thornton to Mrs. Frayne, leaping upright. “Was Jack rescued’ mantic affair with that young Xe making him stock ri over -the world. And , Will blame me! ' retorted hotly, abruptly leaving. | Throughout ‘among passengers, officers Stone and Heretofor: courtesy and efforts to make me @ heroine. { Saved! jack’s fate I Teassured. harley contact with the si inole. Jack was safe! fished: out of the ocean by Se ing pursuit of the Queen tures of the and suspense over Jack, f around ly sively devoured every bull cerning Jack's movements. and es win!” he warmly. My Ld glowed and my eyes filled with gratitude. storm had long since clea: ided by st tall winds, favored he sped on, the navigation of ‘the in fi bye igh sie, we were sailing Bue Falcon demanded his complete Alredily’Jack had tossed the rope ladde the side. at great height andjravidity. ¢._ concentration which ‘he explaine d _ i feet: the, was the ,reason why his messages, Sleet forming. on his wings... at es. The Blue Falcon’s wireless * Charley Downs sent for me. boat teaie ee oD miles ‘an-hour, were fewer and pas brief. 10,000 feet . . . the cold and skeet bad fallen ominously silent. We “Got him!” he beamed, when-1 Night had fallen but there was a - ted in brilliant moon. Standing beside captain, while he directed the navi- land sales movement in North Dakota | |almost as soon as farm products prices again return to a normal level. An interesting and important feature | of North Dakota's excess rented land | problem has been the definite de- cision on the part of larger land own- | jers to improve their. properties and | {assist their tenants to work into the | | Most profitable system of farming. |Competent farm management by | qualified supervisors is associated with | this approach to the solution of the Problem of owners of rented land. | During the last year the bringing of | @ large part of North Dakota's rented | farm lands into a more profitable type of production, largely as a result of the owner making additional in- vestments for needed improvements, constitutes a trend that promises to have very definite bearing on the fu- ture prosperity of the state. Farms On Increase Official government census figures for 1930 gave North Dakota 78,050 farms as compared with 75,970 in 1925. As the figures by counties are analyzed, the tendency toward more efficient farm operation is noted by increases in the number of farms in sections of the state where livestock | farming is making greatest headway while fewer farms are recorded for counties where larger farm units per- mit more economical production of | small grains, The census figures | showed North Dakota with a total Population of 682,448 as compared | wis 646,872 in 1920, a gain of 5.5 per cent. ord year from the st nite coal production in total point of lig- orth Dakota, Production exceeding 2,000,000 terest to note that this represents a gain of about 100 per cent during the tast 10 years. There has been tinued expansion of the high power lines carrying current to North Da- kota towns and cities from plants Generating electric current from lig- nite coal. Natural gas has been brought to Williston, Dickinson, Man- too far. What will your father say? ‘It will be in all the newspapers! a Meughing . “He can blame only himself!” \J the great skyship, crew, all the talk was about Jack ted with : uplforin’ had been. trea! rm oe wherever I appeared. I was nain fully congcious of the most, admir. ing and solicitous attention in their To my. anxious questioning iy Downs. the Restless Night | no sleep aboard the Charley i wireless operator, had beer in. close a Queen of the Skies after that. Men ip, ‘Sem- He had been Seminole’s men. He was aboard th of the Skies. thrilling fea- Now, sdded to the 1, one thrijl, one of general consternation me. ‘ Even Cant. Goodmaster, who rare- showed excitement, nporehen- etin con luckiest youngster in the air the pluckiet i 1S ‘said, tons for the first time. It is of in- | con- | dan and Bismarck from Montana | not to worry about him,’ Half hour later;— “Jack Stene ts ‘makin inspection of th: Blue ratory ty taking off in the Queen of the Skies. wireless. Desires Queen of the 'alccn, ult |_ “We have not inquired,” sald Mrs. report whether ke {s heard.” ‘Frayne — severely. “Now listen, ithin ten minutes: — Pearl! ‘You are carrying this tro- “Wireless O. K. Jack is ready to fool After five: minutes: — “Jack is off! Good luck, Jack!’ Following a tense silence:— “Jack Stone, speaking: Hello, everybody! coming, Pearl! an hour.- Hope to Engine perfect. 100 you hear me?” ie and e 1 piring. is out to make aviation hist It will be a great race, and may he be i victorious!” declared Capt. Good- master solemnly, and all others gravely. in pajamas, with coats fit the their shoulders or in Frayne, in a di Frank Thornton, trast him with sweetheart winging in waste. of sea, constantly facing watery grave! Interminably iow, the © how dragged by. Prom time to time but less an less frequently Jack posted us es red. to his progress. More and more, as We were pear Mig four mo- tors to hi. one, was greater than ours, and stead- the |1930 IS REGARDED AS MOST REVOLUTIONARY FARM YE business men of North Dakotg at the present time,” the review concludes, “there seems a-general disposition to Tegard the shortcomings of the year just closed as a temporary halt in| the state's progress. They believe even small improvement in existing price | levels for agricultural products will bring an upswing in this state. There is every indication that the state will put in its 1931.crop with the lowest overhead per acre in history and fall moisture was ample to prepare a good seed bed. At no time during the last decade have economists ‘with the ! North Dakota agricultural college | been more hopeful of a general im-| provement in the economic situation of the farmer in this and other states. They recognize: the relationship of North Dakota farmers to the general | agricultural picture’ and place em- phasis on the general commodity and farm price trends of the last decade. “This group of recognized, compe- tent authorities point out that dur- ing the past 10 years, the spread in favor of general commodity price levels over farm products been gradually’ and consistently trimmed down from 34 points to 11 points as of today. This very same ars for these price levels to reach a | dealer, aroused to his peril, has sent |Some leaning In view of this|to Washington leaders of the trade neither the wheat nor the cotton will common ground. me development during the last 10 | Years, these observers see a brighter | Picture for agriculture within a com- paratively short time. The history of jdevelopments after the Civil war ; Would seem to bear out this conten- | tion and North Dakota farmers have | been preparing for this new era by jincreasing the efficiency of their | Operations to a degree not generally Tecognized.” roves and follows in his » and Thorn- had Sid Stone says, ‘Tell Pearl Dare his tina: re- iting his ikies go. He says to Pearl Dare, ‘Be on lookout!’ Perfect, ‘catapult! in the Blue Falcon, Iam One hundred miles make it 125! Flying conditions, r cent. Queen of the Skies, do Not until then.did I realize the Ul sighifieancé“of what was trans- “That young man of yours in a group around us nodded lung over robes. e haunted the wireless. Even Mrs. ressing gown, and fully clotned, be- in to show a semblance of sport- interest, although Frank was y and aloof and spent his time in the dining hall drinking copi- ously. I could not help but con- my courageous 1 solitude through: the moonlight above thi le his speed t fields and further expansion of. this | service to other cities of North Da-| 1,4 HOUR SERVANT DAY kota is to bea development of 1991. | aay is ‘being ‘sought Pee ‘The state has continued to push its | ho} senold piles The a Fy thet elas ep te Fo eter in the | to unionize Britain's million servants state's proposed primary highway | and force legislation providing for system, 62 per cent has been graded | the 8-hour day, six-day week plan. j ed ; London housewives have declared and 43 per cent gravel-surfaced. No} that an 8-hour day is impossible for @ household worker. trent Severe Coughing Spells" Quickly Ended Distressing coughs can not tire out and weaken you this winter if you genuine Foley's Honey and Tar pound, Bach dose carries the ‘urative baisamle virtues of pure Pine Tar, fregh demulcent Honey. together with other valuable cough-healing in- gredients, into direct et with the Irritated ‘throat surf ending the distressing coughs. Sedative and com: forting without opiates or harmful chloroform mildly laxative. Dep able for coughs, tiekling — thre eroupy and bronchial coughs, | bonds have been issued for highways. There has been a further reduction made in totals of combined local and ; State tax levies. The total levies for | all purposes for the year ending June | 30, 1930, was 30,016,754 as compared | with $30,456,872 in the previous year | or the peak of 81,422,054 back in 1921 |The state's net indebtedness was re- {duced from 1926 to 1929 to the extent ; of $1,800,000, The budget board has | recommended to the next legislature, which meets January 6, total appro- | priation of approximately $1,000,000 | less than were made for the bien- |nium by the legislature in 1928. See Early Improvement | “As the attitude of farmers and cy troublesome night coughs, Sold every: | | Where.— Adv, of e a id peck forcing him to seck lower alti- jude. Lines of anxiety, began to creep yes. despair ang hope. rea ur own speed’ had diminished, Marketing. System As Old; As Country Itself Shaken to Foundation tin Period Washington, Dec. 31.—(4)—Regard- plexities, 1930 is regarded by many farm leaders @s perhaps the most revolutionary period in national agri- cultural history. © Career a It has seen a marketing’ system as old as the country itself shaken to the foundation and' the government. com- mitted to a farm relief policy.. It has seen an effort to substitite, with the taxpayer's’ money and the administration's brains, a. system, of farmer-owned and contiolled market agencies’ which: are .expected: to give the producer the profits commonly absorbed by -the ‘grain trader, tae éot- jton merchant, the commission man and the middleman. Political, economic and social con- flict has been the result. The, old sys- tem made fortunes for thousands, and Millions of dollars in agsets.and lia- corporat prices has {bilities are tied ‘up’ in it. Whettier it | has. been. given $15,000,000 to help survives or ‘perishes, a very" definite j be_vitally affected. |who: are to map out a ¢ampaign {against the system which, he says, | threatens to destroy him. The: grain trade, supported in a | large measure by the chamber of com- merce of the United States, was the |first of the old market system to strike at the new—but no material | advantage was claimed. “Economists In Conflict On one side is the contention that the government has no right to, de- stroy the business of: @ considerable , class of its citizenship-and tax it to |help the fight; on the other, that this |class never served ‘any economic pur- |pose and it well might be: sacrificed |to the greater good of the greater number. ‘ | One side says the. farmer never can | other says he can through ‘cooperdtive control and, orderly.. supply... Econo- |¢nists. of. the nation sre’ split on the | question. ‘ a | In the meantime the farm board, through its administration of the agri- {cultural marketing act, has loaned | cooperative * marketing associations | $101,811,521.57 and has $35,847,954.56! more committed. |. It has set up seven great national farm agencies, six of them marketing organizations, Five already are oper- ; ating in grain, cotton, wool and mo- i j hair, and pecans. | Co-Ops For’ 2,000,000 | There are 12,000 farm cooperatives [representing approximately 2,090,008 less of the outcome of its many com-; element: of the citizenship is going i) lor the nation’s 6,000,000 farmers. The |farm board says that half of the | 2,000,000, producing more than :40 Idifferent crops, have been aided | directly through federal loans to co- | operatives. | Second in consequence,.1930,saw a prodigious attempt by the government | to manipulate the law of supply -aqid, |demand apd to create: and. maintain + an artificial prosperity in surplus crop markets, * | Grown to a giant before the coun- try had been able to see above its | shoe tops, the grain stabilization cor- |Poration—backed by $90,000,000. of | | federal funds—bought and removed |from the market an estimated 120,-, | 000,000 hughels of wheat. nits \market, By the new crop season {t 1s ex-idown the pected to have almost the whole of | the United States carry-over in the hollow of its hand. ' The operation has carried the do- @ ,. | i Uniféed States than in. any other exporting eountry in the world. ‘ For exporters to_operate it is said domestic prices must be 12 to 15 cents under the world price whereas they have been rumning’2 to 3 cents above. |. ‘The cotton stabilization tion |thgintain prices by... pressure if the market. © ‘There has ‘been serious world over- i . | thing happened, they state, after the , Repercussions still are to be heard, Production: in wheat and, to some 2 eae Hee losing was the rec- civil war and it required some 15 {in 1931. ‘The tndependent. cotton jextent, in cotton, ‘There has been toward the theory that jfind an outlet and in that instance exert as much pressure onthe market im if they:avtually were in it. | oA ‘Reduction Expected | ‘a third tevolutionary feature of the year has been a concerted stand by |the White House, the | agriculture and ; Surplus acreage | On the whole material jduetiqns in are the farm board for acreage re- light of the \. agricultural ‘the department of agriculture always have turned to an increase in yields. |. The new order contemplates the ad- ‘market his own crops profitably. The| American demand in view of con- increasing world production and the narfowing. of export outlets. | APPEARS IN PAJAMAS «<< ' 8.8. 8 , Dec. 31.—()-—-On the way to California Professor Ein- | stein ' MEAD COLDS ‘Melt in boiling water and inhale i vapors; also sauff ‘up nose. rover between’ wniered the wireless room. “Had an tors, I could see for miles in all ily increasing, we had a 500-mile around our eyes. running on two motors peewee t Are You Game? i rections, tensely awaiting each start. Many hours would have to Then, again, his bulletins became and. we were flying "get oo INS AP AS ETT | hew report from the Seminole. pass before we could expect to sight more encouraging, and our tension lower through a gray, ruffled dawn, | “Is he in trouble?” I ered, aghast Reports started to pour in. ia him, if 2e suffered no mishap. relaxed somewhat. * with a poor visibility. Some of the of is he?’ i consecutive order, they read:— For a while he reported smooth And so it went, and the alight complained of physical le doesn't where he is “The Blue Falcon is now being going. Then came a change in . : di fort, owing to the raw, pene- His instrument hes pen out tuned ig for vo rarest, Our po- Lageciieed 7: reste prt cross sbaybreek found ~~ glyed to my i | a a RTA one pa and ee tying x sition miles from the Queen currents and nas ei inds, mist _. cl ie navigation room gulp- ‘vious: was ec * . Worse yet, h of the Skies, sputh by southward... . rain... extreme cod...” ing cold coffce to." Bolster my with , feats for Tee aa ‘being: “main has @ leak. “He's try= ' | \ tof |’ both “wheat and: cotton |: expected. p | Crop expansion "has been the high-' i American. program for decades, and efforts of |' has been on de¢k in pajamas | By i STOGK MARKET FELL LAST YEAR 70 LOSE - HUGE GAINS OF 1929 Total Quoted Value of New York Stocks December 1 Is $53,000,000,000 Néw.Xork, Dec, 31.—(?)—The stock painfully retraced its steps scale of share values during the last year to the point where its 1927-1929 ascent became steep and exciting. ‘60 percent of the’ lost: altitude, but in its eagerness neglected to see gath- ering storm clouds of a major business ' depression. | The market ‘turned sharply down-| Capital Funeral Parlors : Licensed Embalmer Phoue—Day or Night—22 “What did he say?” ssked Char. ley. a “He's, all it, again.” I an- swered, ag to appear calm. “We'll see him in a few minutes.” _- The word that the Blue ‘Falcon “ trom ° stems stern. sought favorable positions at ihe ca eF9 ii ing to fix it. I've given him our lo- cation, but whether he heard or not I don’t yet know.” . “Can't I taik-with him?” I peti- tioned. Charley shook his head. “Not ee 8] co Es S35 i i z 3 High, gbave. glistening in {he punttant, re le. he spproached. i i aEge over the side head WHEAT TOUCHED IT LOWEST MARK IN 8 YEARS DURING 1932 President of Chicago Board of Trade, However, Sees Gradual Recovery Chicago, Dec. 31—-()—A year ot turmoil ‘and Dakota Production Costs Forecast for 1931; lon in the grain «> depressi trade, with wheat touching the lowest figure in 28 years, has ended. " ‘The turmoil was over the market activities of the National Grain Sta- bilization corporation, buying agency sponsored by the federal farm board. Grain exchanges at several places, notably Minneapolis, condemned the entered the market here to ” buy large quantities of wheat and ~*~ halt the skidding price, Steady Rise Indicated __ President John. A, Bunnell of the Chicago board of trade, however, says © steady. progress in- emerging frem ~~ economic depression during the. new year now is indicated. “The-outlook for agriculture is a complex: problem,” he seid. “Grain farmers have experienced one of the most trying years, and so has the en- tire grain industry. Prices of wheat during 1930 are indicative of the un- certainty which has prevailed. On “* contracts for wheat deliverable next May. a high of $1.14 per bushel was reached last August, but in the fol- lowing months the price slipped below the dollar mark gnd fell to a low of 73 cents last November 15. December wheat dropepd to a low of 69% cents. “Monetary returns from wheat pro- duction: represent little more than 6 ~ r cent- of the total farm incom ut wheat has been dragged into poll Ing -picture to the average citizen as to the whole agricultural situation. “Government figures show that ‘while wheat and cotton prices have fallen to about 60 per cent of the ~’ average price. of 1028, the a “Outside of wheat and cotton, both of which have been over - produced throughout the world, farm income "_ | ties, and’ go constantly. presents a con- is about 8 per cent of its 1928 * “This showing is encouraging when it is realized that the average whole- ~ such as non-ferrous metals, havettalls en to 76-per cent of 1928, official figures.” Marriages Exceed i Divorces in County according to. urt records show. During 1930 Courity’ Judge 1. P. Davies granted 151-.marriage “4 were fréed of their marital troubles by divorce actions in district court. Tn addition, one annulment of a marriage was decreed. « LEGLESS MAIL CAERIER .-Burlington Junction, Mo., Dec. aoe he is without in 1924. The latest figure, for December 1, 1930, shows a total quoted value of roughly $53,000,000,000. While this) *! shows a shrinkage of some 40 per cent from the peak reached in autumn of 1929, it still is about double the quoted value of all listed shares at the of 1925. beginning Trading was fairly heavy in the first half af the year, and the mar- : ket experienced one 8,000,000 share| Piseding Piles ee day, but nothing. comparable to the! healing pr. 12,000,000 and 16,000,000 share turn- ®@ large number of issues traded in fed. with Fare, ti overs in Ne > 1929. Here ha amasing Te. ‘The 1930 turnover on the stock ex-| ¢uce ayolien. firspen dey the tout. change was ‘810, shares,| You can ‘wor! enjoy life against 2,125, in’ 1939, rom the start while j hee eatinues ite ‘The market all but faded out for| Firnling action, Geley.. Prigperation ‘Try Dr. healing for bull pe Sood slur tities coomion hen to: ition te creosote, tions. Ask your druggist. (adv.) 8 = the curb market. The curb, further- 1a under our satisfy | more, suffered from the sharp de- Seenpletaly, ieee ‘worth 300 fismee Announcement I wislt to inform my friends and clients that I have moved my offices from No. 7 Eltinge Building to 11914 Fourth street, over Richmond’s Bootery, where I have larger and more commod- ious quarters than in the old location. WILLIAM M. SCHANTZ Certified Public Accountant Phone 540 Residence Phone 1620 Jos. W. Techumperlin ; Prop. Audits Income Tax Service Accounting paca cesar reeene erees eeaneg S freenrcone rear eenrense ns neers 4 | i i]

Other pages from this issue: