The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-01
Reports Gathered in Past Week
Give Tangible Indication Of
Readjaatment
ONLY SMALL PORTION
OF INDEBTEDNESS PAID
Nevertheless, Savings Deposits
Are Opened By Hundreds
Who Never Saved Before

IttllSlUlc 11lulS1CAOAS VI AAuu0~ =
trial REIMBURSEMENT, obtained in var
ious counties of Minnesota during
the past week, we're declarations
made to bankers that farmers have
started to purchase machinery and
other equipment.
The Merchants National bank OBJ
tanned this and other information
from bankers and newspaper sources,
in every county for it's weekly re-
view of state enterprise. No impor-
tant change was noticed in the grain,
wool or cattle business but all avail
able information pointed to the fact
that although some farmers may car
ry out their threat to abandon the
growing Of wheat, they hope to over
come 1920 losses by vigorously de-
veloping diversified resources.
Money still is very tight. Only
small portion of farm indebtedness
which should have been met earlier
in the winter, has been paid. On the
other hand, bankers throughout the
state have pointed out that hundreds
of persons who paid little attention
to savings accounts until this winter,
have been regular in depositing sums
of various size "for rainy day use"
The fact that many such depositors
casually remarked that their savings
would not be touched Unless "hard
times" come, seemingly conveyed the
information that the great majority
Of persons in moderate circumstances
not only survived the industrial de-
preston period with a minimum of
Inconvenience, but were able to pro-
vide margin Of Financial safety''
for the future.
Present indications are that the
sugar beet industry will be consider
ably developed this year, at least in
Southern Minnesota. The sugar COM
pany at Chaslca issued an announce
ment at Fairmont that it was pre-
pared to accept all the good acreage
that is offered. Fairmont, bu the way,
may have a new hotel, to cost $175,-
600, 900. A Luverne tile company has
received the contract involving $147,-
100000 from Mobiles county, in con-
nection with drainage project. Red
wood Falls will spend 100000 to
pave streets and build sewers this
year. Virginia's new North Side school
will cost 1926, 900. Rochester will
pave more than three miles Of streets.
Land clearing activities on big
scale, in northern counties, is perhaps
the most important real estate de-
velopment of the week. A permanent
organization has been effected at
Bemidji for Beltrami county. Fifteen
thousand acres is the goal for this
year. Creamery reports for 1920 con-
tinue to come in. Meeker county re-
ports include a business Of $4,000
for the Litchfield creamery and $780,
600 for the plant at Corvuso. The
important feature Of creamery reports
is that practically all Of the money
realized for the sale Of products is
disbursed in cash to the farmers who
supplied the milk and cream. A farm
er in Redwood county who planted
% acres of sugar beets last year and
cleared $1,135 net will plant at least
IS acres this year.
Little Falls has sold it's 100000
bond issue. A hog sale at Waseca
yielded $1,000. The Frontenac, Good
hue county, creamery took in SCI 200
last year and the report for the Fer
gus Falls creamery was $4,000.
Receipts reported by the Freedmen,
Morrison county, creamery went over
the 100000 mark. A Holstein cow
owned by Joseph Luetmer of Meier
Grove, Stearns county, earned 1904
net last year. Stearns county's new
court house may be built of Stearns
county granite. A produce company
at Ortonville shipped 17,280,000 eggs
in 1920-or a daily per capita aver
age of 27.6 eggs for every resident
Of the county. Mankato has begun
boosting for an armory. On April 16,
Mankato voters will decide whether
to float 100000 bond issue for a
junior high and grade school A Po-
land China hog sale at Fairmont net
ted $4,000 The Winona city council
is considering a plan to abolish tolls
on the bridge across the Mississippi
river. The projected fish hatchery for
Southern Minnesota may be located
in Kasota township, LIE Sueur, county.
An ice company at Granite Falls
harvested 1000 tons of ice in short
order. Barnum is becoming one of the
leading dairy centers Of the state.
In 1911, the creamery sold $8,O94.47
worth of eggs. Last year the same or
ganization sold eggs for 1892, 269.96.
Butter brought $4,000 during 1920.
Virginia is becoming prominent as a
convention city. The Itasca Paper
company Of Grand Rapids is building
plant for grinding pulp at Little
Falls. The cold spell, following weeks
Of warm weather in the north, has
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