The Washington times., 1928-02-14


Eugene Never, jr., head Of the
Federal Farm Loan Board, re.
Gently told me that land values
are beginning to recover mildly
here and there, mostly by pur.
! chRses OF adjoining farms by
! successful farmers. This move.
ment may broaden.
The Pacific Northwest wheat
crop last year brought $50, OOO,"
900 70 s3o.0O0.0O0 more than
In 1895.
Crops Gain In Value
The principal Washington crops
gained Il per cent In Yalue-and
necessity has taught farmers how
60 pare operating expenses.
Total value Of Washington's
apple crop was II per cent
above 1926, although production
decreased Il per cent.
Reports from is farm flock
Ownerg this winter show an
average net profit per eve Of
$4.84 Tor the year. after deduct
Ing interest at 6 per cent, de.
probation Of So per head, and
other expenses. Average wool
clip was So pounds and aver.
age price 32.9 cents per pound.
investigation shows that more
mlIeep could Be raised profitably.
This 10 interesting: From Pa
cific Northwest data, the q. 8.
Department Of Agriculture has
discovered that the labor income
from wheat farms Increased as
the size Of farms increased from
$50 tillable acres up until 1911
acres was reached: also, that the
cost per b1shel Of raising wheat
decreased.
Apples grown in the chief
Washington districts use up 30.
900 boxes annually. for packing.
Efficient Marketing
Marketing extremely important
--is conducted unusually eff.
ciently. Two-thirds OF the apple
crop Is marketed privately, much
OF the remainder through six
large cooperative agencies. BY
grading, standardizing and Inn
Loving quality, most of the
product commands q premium.
"A Federal Government report
states that apples from this sec.
ton have q wider distribution
than any other commodity ship.
ped from one section.
Louis F. Swift, president Of
Swift & Co., tells me: Prices
Of agricultural products are in the
most favorable relation to non.
AGRICULTURAL prices since the, 1890
slump. Live stock prices as a
group compare favorably with
other prices. The purchasing
pCl Or the I've stock farmer
has almost, IL not entirely. recOv.
cred It's prewar relation to other
industries.
Cattle Prices Better
''Tlhe outlook. as I see it, "a
promising alike in packing, iEf~
agriculture. in building, in most
basic industries. In. money and in
general business.
Thomas E. Wilson, head Of his
own packing company. In q talk
when / passed through Chicago,
said:
There has been q marked re.
covery In prices OF cattle after four
or tive years OF bad times. II is
to be hoped that the rise VIII not
60 50 far as to hurt consumption.
Hogs are on 4 reasonable basis.
So are sheep.
The South American packing
trouble has been settled, and the
packing industry has q more prom.
ising outlook now than it had at
this time last year.
n NNAm~w~
Armour & Company, said:
Agriculture, the economic back.
bone Of the nation, Is more pros.
porous than It has been for years.
General business conditions, too,
are sound. Prospects, therefore,
are reasonably encouraging, OF
course, It is conceivable that there
may be sluggish periods from
time to time. particularly az presi-
DENTAL years are traditionally un.
certain. However, there IS really
no reason this year for any uncer.
tainty. It doesn't seem possible
that there could be any political
upsets unsettling to business.
Il have a very definite feeling
that we are going to have better
times than In 1927"
All Of which is interesting not
only In Its relation to agriculture
and industry and general business,
but in it's relation to coming dis.
cussions in Congress and to presi.
Dental nominations and to presi.
Dental voting.
Economic developments thus far
DO not favor radicals.
Copyright. 1929. by B. C. FOrbes)
.oEo%@0z0-1