The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1918-08-26
THE FIRST NATIONAL BANK OF
NEW HAVEN

National Bank of New Haven, Conn,
set to work to make that bank an ac-
tive agency in the betterment of agri-
cultural conditions in that county.
! Since then the Yale National has been
consolidated with the First National,
under the latter name and with Mr..
Hanson in the presidency, and the
agricultural work has been continued
A competent agricultural expret, a
graduate of the Massachusetts College
Iof Agriculture, was put in charge. AS
describing its efforts the following
quotation is made from circulars
which the bank has been distributing
in that locality:
MANY farmers have expressed
desire to acquire better live stock. AS
a result of this interest, a trip was
recently taken into central New York
State for the purpose of investigating
the live stock industry. 1t was found
that both grade Holstein and Regis
|
animal guaranteed to produce at least
| 10000 pounds of milk per year. This
dealer has shipped several hundred
COWS into Massachusetts, and a few
carloads into this State, and they
have proven satisfactory.
an this connection it is interesting
to note the recent report from the
Connecticut survey on the cost of
market milk production. This report
shows that cost of milk per quart on
those farms where the herds were pro-
ducing $500 pounds or less, per COW,
was .0672 per cent; where the herds
average between $500, $500 the cost
was .O562 cents; when between $780,
1900 It was .O542 cents and when over
1900 pounds per COW, the cost per
quart was reduced to .0466 cents.
"The present high prices of grain
are causing the dairymen to realize
as never before the necessity Of keep
ing high producing stock. The aver
age production of milk per COW In
New Haven county is estimated at
$500 pounds, while individual herds
are averaging more than twice this
amount. This means the difference
between profit and loss as there is
very little extra expense in the care
for the better stock. We stand in a
position to help farmers, financially
or otherwise, to secure some of this
better grade of stock"
In response to our request for
summarized statement Of its plan and
efforts, the bank has outlined its work
OF the past year as follows:
"Our aim Is to assist such farmers
as are in need OF financial aid for
the purchase of farm machinery, bet
ter live stock, seeds, fertiliZed, etc,
making the terms of payment such
that they can be easily met.
Boys and girls have been organ
lied into the various Agricultural
Clubs and we are financing their un-
dertakings. Liberal prizes have been
given all a further stimulus to in
crease effort. This assistance, finan-
cial and otherwise, is aiding in the
development of many of the farms
along lines which should bring more
| profit to their owners and in time will
means larger bank balances.
1--WE assisted in the organization of
Community Swine Breeders Asso-
citation in one of our towns and pur-
chased 16 registered Berkshire for
their foundation stock.
I'VE personally selected, brought
into the State, and distributed over
1900 bushels of seed potatoes this sea-
son.
"20 head of Hoistein stock were
purchased in New York State last fall
and distributed among farmers here
who wished to make a start In build
ing up higher producing herd.
Last season over 200 small pigs
were distributed amoig boys and
in our contest, and this year over 300
have been distributed.
Last winter 100 boys and girls
living in the city of New Haven we're
financed and supplied with hocks of !
pure-bred pullets each.
"56 Grade Shropshires Lambs have
been distributed to boys and girls
during the past month.
MANY farm loans have been made
to deserving farmers, to enable them
to- produce more food.
1--WE believe that as a result of this
work, feeling is gradually growing
up in the community which is going
to rebound financially to the credit of
out institution during the coming
years -.
= If work of this character was being
done in every agricultural county of
the United States how great would be
tho vaonIfc FOR tho oanaroI uyaIfora