The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1909-11-05
An Excellent Statement of the Progress Riches,
Income and Development of the State
During Last Ten Years
A STEADY GAIN is CLEARLY SHOWN
Over Bushels of Corn-Breaks Eecords-tte
Bank Deposits Amount to $4,000 900, Ninety
Per Cent of which Belongs to Farmers

The flax crop of the state this year
will in our estimation amount to over
100000 bushels and will be worth
from 100000 to $4,000, 900.
In the nine years, l9OO-190S both in
cluded, this state has produced:
Corn to the value of -. $3.50, 159, 900
Wheat to the value of {. 39,254, 900
Oats to the value of =. 1885, 900
Barley to the value of >. 1921, 900
Rye to the value of -. 1888, 900
Potatoes to the value of =. 11,25O, 900
Flax to the value of ). 3O,52s, 900
Or total of Il. 1858, 500, 900
The Census Bureau estimates our
population June l, 1909, at $1,000
We have therefore produced an aver
age of 81, ll4.05 worth of cereals and
potatoes during the past nine years
for each man, woman and child in the
state now, or an average of sl239S
per year for each man, woman and
child in the state June l, 1909.
Our population in 1900 was only
401, 900 so that the actual average pro-
duction per capita for the period has
been much larger than this average
shows.
In 1908 we produced Sl95.90 worth
of these crops for every person living
in the state.
We had on our farms and ranges
June l, 1908, Sill, 240, 600 worth of live
stock or 1924 for each resident of
the state. Taking this and the value
of the crop for 1908 it gives a total of
$4,000 per capita.
If we look at this from another
standpoint the figures will probably
be more applicable to the readers
comprehension. We have in the state
approximately 10000 farm families.
This does not include large number
of school teachers, arteZans and other
persons simply holding government
land under the federal statute for the
purpose of acquiring title, but not
cultivating it to any extent.
We produced in 1908. s97, 500, 900
worth of different crops heretofore
mentioned, or 81, 625 for each family
in the state engaged in farming oper-
ations.
We had on our farms and ranges
Sill, 24O, 600 worth of live stock or ST.
$3.50 worth per family. This does not
take into consideration the dairy pro-
ducts of the state which were $780,
600.
Hay worth s16,OOO,OOO.
Poultry and eggs worth s5,5oo,ooo.
Minerals and stone worth SO, 500, 600.
Vegetables and fruits worth 81, $780,.
900.
Wool and hides worth 100000.
Honey worth $4,000.
The estimates of the products OF
the state for the past five years are as
follows: 1904, SIG, 1872, 900; 1905, 1926,
1872, 900; 1906, sl45,sl2,0oo; 1907, $500,
33s, 900; 1908, s185, 434, 900.
This estimate is borne out by the
fact that the railways actually shipped
out of the state S9S, Os3,OO0 worth Of
agricultural products during the veal
1908, exclusive of mineral and stone.
| From these facts we find that in thu
year 1908 each farm family in thu
state produced $1,000 worth of agri
cultural products, and the people O
the state produced 1912 worth of agri
cultural products, mineral and ston,
| for each man, woman and child living
therein.
BANK DEPOSITS.
l There probably isn't any one iten
that indicates more correctly the fl
nancial condition of a people than tn
bank deposits. South Dakota ,ha
scarcely any deposits from other state
as has the commercial centers sue
as Minneapolis, Chicago, Omaha, ett
September l, 1909, the 472 stat
banks had individual deposits mot d.
posits of other banks) of $45, 1885, 6s
and the 95 state and national bank
had deposits of $26, 1855, 245, or tot;
deposit by the individuals of the stat
Z of ST., 590,925. Basing our populatio
: at 100000 this gives sl45 individual d
{ posits in the banks of the state fl
each man, woman and child.
81 Another way to get at it is thi
IS The writer has talked with a gre;
many bankers in the state in the la
q year and in every instance they pla
e their individual deposits as at lea
y 80 per cent belonging to the farmer
% This is a conservative estimate of tt
IS proportion of the deposits which /
long to the farmers of the stat
Ninety per cent of the gross is Sc
33l, 900. With 10000 farm families
the state this means an average {
' posit by the farmers of 81, 900 ger faI
lily. Again South Dakota leads.