The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-09-10

kind and the broker in talking after
wards with his friends has another In
stance TO relate of man with money
who refuses to put any of II In secur-
tiles
In what contrast is the talk of the
men who really make these business
"wheels go round. - While they do not
see prospects of a great business boom
in the near future. they do with hard
" an exception tell of sound conditions
the country over, with every prospect
of good, safe business.
Railroads Boom Farming,
Discussing the subject of model
farming, in which certain railroads
have interested themselves within the
past three or four years. with. A view
tonnage, T. T.. Martin. superintendent
of the seventy acre farm established
in January of last year by the New
York Central at West Bergen, n. Y,
says:
"Ikc one weak spot III this general
proposition of model farming by rail
roads is that methods have been EN-
ployed entirely out of reach of the or
dinary farmer to accomplish results OF
course farm OF seventy acres with the
credit of n railroad corporation behind
from farm Of seventy acres half GOV
cred with n mortgage and owned by
farmer with limited financial resources.
Therefore. the care has been Oh the
Central IS farm to employ methods avail
able to the rank and file of farmers; In
q word, TO get results by practical
methods.
"In the first place, the railroad paid
the ordinary price per acre for the land,
precisely as if the buyer had been
farmer; the farmer was in need of un
der-draining and since the railroad ac-
aurcd it about four miles of dltchlng
has been dug, and as much more re-
mains undone. 1t Is probable that when
the work is completed 1t VIII represent
an average additional investment of
about $25 per acre on the flfty-flve
acres to be drained, or a total cost OF
about $1,000. one.half having already
been invested. 1t is thus apparent tina
nothing more has been done than any
wide-awake farmer could do. And the
work would ali be classed as practical,
Will Rotate Crops.
"In the rotation Of crops we propose
to plow up about one-third of the till
able acreage each year. We shall fol
low wheat with clover, clover with al
falfa. and alfalfa with potatoes. We
and il is not proposed to raise any
oats. We will not keep any more cows
than necessary TO supply milk products
TO the tenant,
''The question viii at once rise, how
are we TO maintain fertility, or raise
its standard without livestock, other
than the few work horses kcpt7 Hav.
ing once gotten clover TO grow by
some fertilizlng and secured what may
be termed running start, look for
no difficulty in turning the trick, with
alfalfa and clover.
"The farm is only year and a half
old and visitor to it can hardly ex-
pect to see the results of five years con
densed into less than two years, Per
haps some will challenge the plan as
impractical, notwithstanding that we
are trying to do what is possible for
any farmer with ordinary means, but
given reasonable length Of time we
are willing TO abide by the results, The
ments and all the expenses to its opera
ton. are charged UP to the farm and
on this must pay n reasonable dividend,
if it is to do what is expected, and
say that il is practical.
Dividend and interest disbursements
for September are estimated to approx
innate s94 100000, In the compilation
OF these flGures ~ WAS noleu iHht uish
dends exceeded interest charges b.
SIG, ,450.0S6
Will Pay Large Dividends.
Dividend disbursements will exceed
500, 100000, made as follows: Railroads,
$3l ,S30, ,259: industrials and miscel'
laneous. S2l.949,9l6; electric railways,
81, ,345 ,l03; New York City trust COM
panies $500 No banks are duo to pay
dividends in September The tota! cap
italization upon which the dividends are
based amounts to $500 ,220, 7OS.
Interest payments for the month viii
exceed S3S, ,500,000 comprised thusly.
Railroads. So, AL, ,575; indnstrials and
miscellaneous. S3,713.505: electric rail
ways. $5,71l $40; New York City,
50 400, 900; all other cities. COMMITTEES.
states aDd territories of the United
ctgtes, s5rlpS Gh9; government bonds,
$l94 246
The estimate of interest disburse-