The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1920-02-20
MILLIONS TO FARM ERS
SOUTH DAKOTA RURAL CREDITS
BODY MAKES STATE.
MENT.

which Is now llOdlluS d @o'V00'0
bond issue to raise funds to carry
on its work Of lending TO armers mas
lust made a statement of its activities
and its fiscal condition at present
Practically $20, 900, 600 OF loans is the
record SO far made by the state rural
credits commission according TO lhelr
statement showing their condition Oh
business on the 10th day Of January.
They had made 4,S26 individual loans,
which amounted to SIS, 666 $50, which
was secured by 1869, 1872 acres of farm
land in the state, with an average
loaning rate Of $16.2S per acre. The
newer counties of the state have been
more ready to take this method OF
assisting in developing than have the
older counties, and the valuation per
acre has been held down by this. The
showing indicates that at this time
there are but two counties in the state
in which loans have not been made,
these being Douglas, east Of the Mis-
souri, river, and Washington, west OF
the river. While the loans in several
counties get near the 81 600, 600 mark,
only two counties have gone over that
figure. Brookings has 81 1856, 600, with
several loans in that county running
At 1852 per acre, and Hand has
1880 500, the average loaning rate
per acre being $19.6S per acre. The
highest loaning rate in any county has
been that in Union, where it was
S67.37 per acre, and the lowest is in
Armstrong. a reservation county.
where the average was only SAG per
acre.
. Minnehaha county is to have an.
other consolidated school, making the
fourth that the voters have author
lied, with another section to take &C.
ton before long. In Il special election
six districts, including the town OF
Baltic. voted overwhelmingly to con
solldate and erect a school at Baltic
this summer. The plans call for a
building to cost approximately SIS, 600.
South Dakota towns and cities
through which the Yellowstone Trail
passes. subscribed So, 500 to the up.
keep OF the trail during 1920, $500
more than was allotted TO the state.
or this amount Sl,l00 was paid in
cash.
At a recent meeting OF the city
council it was determined to pave
the main streets OF Winner. Resolu-
tons calling for about three miles OF
paving at an estimated cost OF $780,.
GOO. have passed the second reading.
Odd Fellows Of Aberdeen are max
ing plans to build a home for all OF
the |, o. o. F. lodges in the city. The
lodges w their building site and ex.
pect to make plans for the erection
OF a home by early spring.
Floating $1,000, 900 worth of bonds
has been undertaken by the rural
credits board Of the state Of South
Dakota. These bonds are in denomi
nations of s25, $50. 500 and $500
with interest coupons extending over
a period of twenty years at 5 pei
cent interest, payable annually.
The Clark Athletic club has been
organized by young men Of the city
and arrangements are being made tc
open a gymnasium in a business block
Petitions have been presented &c
the board OF education by the teachers
or the Water WI schools asking tina
their minimum salaries be fixed al
According to information reaching
Aberdeen, United States District At
torney E. w. Fiske. Of Sioux Falls, has
ruled that all evidence in cases in
violation OF the prohibition enforce
ment act in the future must be sub
mitted to him before arrests can be
made.
Great quantities Of hay continue 10
be shipped from the Miller territory
to the Black Hills and Wyoming
wheer stockmen are short Of feed for
their animals and have to ship in SUI.
ficient amounts to carry their live
stock over the winter months.
The new $4,000 heated. electric
lighted. water supplied and modern
equipped stock sales pavilion being
erected In FIT. Pierre by the stockmen
OF Stanley county is in process of
rapid construction and will be com.
pleted by March 1.
n pastors Of the churches OF the
state are reminded that the big con.
ference for the state in which copera.
ton OF the churches in the big mis-
sionary movement will be discussed.
is to be held in Mitchell. during Feb.
vuary.
The development OF the tin mines
OF the Black Hills is progressing well
and the production of the metal prom.
ises in the near future TO be an I'm.
portant part Of the mining industry
Of the Black Hnls.
Voters Of Perkins county will have
the opportunity on March % to ap.
prove or reject the proposition of Is.
suing bonds in the sum OF $500. 900 for
a systematic highway program in the
county.
Eagle Butte business men have or.
fnni0nI