The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-02-17
Reports Gathered in Past Week
Indicate Many New Build
ing Possibilitie. in 1921
CITIES AND COUNTIES
PLAN RECONSTRUCTION
Large Quantities Of Grain in
Storage May Liquidate
Loans to Farmers

St. Paul, Feb. 17.-Steady in
crease in building possibilities in ev-
cry section of the state, scattered
real estate transactions of conse-
quence and decrease in prices for
dairy products, which closely follow
ed annual reports of creamery con-
Germs in many counties, are outstand-
ing features of Minnesota enterprise
obtained during the past few days
for the weekly review prepared by
the Merchants National bank of st.
Paul. Banks in practically every
county in the state provided this au-,
thoritative information. ,..
Slump In prices for butter and eggs
apparently was expected by most
dairymen. The past year was one OF
distinct success for most of the Min
nesota creameries and available in
formation indicates that, although a
| few small creameries suspended OPP
GRAFTON, considerably more than that
number started in business. Butter
makers spent considerable money for
advertising and Minnesota butter has
become a staple product in the
United States.
Various reports are causing bank
ers to incline to the belief that more
of Minnesota's grain crop has been
disposed of by farmers than gen.
orally has been reported. 1t is
fact, however, that as result OF the
lower grain prices for farmers have
not done much toward liquidating
their 1920 loans. There are large
quantities of grain in storage which
may relieve this condition to some ex-
tent during the next few weeks. %,
Tangible evidences of Minnesota
enterprise, optimism, and faith in the
future are shown in many ways by
the broad variety Of business an
nouncements obtained by the Mer-
chants National bank during the past
week. Some Of these bits OF infor-
nation follow:
Ell, River business men are con-
sidering immediate erection of build
ings to replace those swept by fire
recently. Stevens county has let
contract for bridge at Chokio. The
Goodhue County Cooperative COM
pany did $75O,000 business last
year and paid per cent on the capi-
tai stock. A Duroc Jersey hog sold
at Mankato brought in $3,0S1. A
South Dakota official, after touring
Wisconsin, bought Holsteiu calf at
Mankato for the Yankton fate hos
pital and paid 81, 200 for the animal.
The same dairy company recently re-
ceived an offer from New York man
to trade ZIG acre farm for Hol-
stein prize winner. A firm in Lon
don, England, has asked for quota
tions on clover seed grown in Bel
trami county.
The Spring HILL Stearns county,
creamery took in 100000 last year
and paid an average Of 66.7 cents per
pound for butter fat. The road be-
tween Roosevelt and Warroad, ap-
proved by the federal government,
will be built this year. Approximate
ly $4,000 has been subscribed to re-
build the summer hotel at Lake Be-
midi and construction seemingly is
assured as the hotel will cost about
$4,000. Northerners basking in the
"sunny south" may be interested to
know that the ice on Lake. Of the
Woods, adjacent to Minnesota's
northern boundary, has been so thin
this winter that it hardly Is safe for
travellers.
A state sale of Holstein cattle will
take place at Faribault May 8 and A..
The Minnesota Valley Canning COM
pany,' at LeSueur, has paid z per
cent dividend. Gross sales for the
year were $476,269. The Waseca
Live Stock company sold 6,193 hi gs,
2,158 cattle and 1,067 sheep and paid
over $4,000 to farmers. Fisher
men in one day took $4,000 pounds
of rough fish from Big Stone lake,
near Ortonville., :; The Manlato board
of education has Endorsed a project
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