The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1929-01-02
new AGRICULTURE is.
(PRAISED BY GREATER
North DAKOTA ASSN
as
Annual Review Reveals Total Of
Tax Exceeded by Boost
!. in Grain Yields
HELPED PROSPER CITIES
Banking Conditions Showing
Higher Cash Reserves; Till
ers' Problems Solving

!, The increase Of grain yields per acre
nom improved farming methods In
North Dakota is paying the states to-
tal tax bill, and year like 1928. with
its low grain prices, demonstrates how
rapidly the state has drawn away
from entire dependence on small
grains, the Greater North Dakota as
ISOLATION declares in its fourth an
nual economic review issued today
It places the total value Of 1928 agri-
cultural products Of North Dakota at
e370,5l6,330, and includes a detailed
report OF the value Of agricultural
products for the years 1921 to 1928 In
elusive.
Outstanding points indicative of
the trend In North Dakota are sum-
married. As follows:
Increased yields per acre OF wheat,
oats. barley. rye and flax for the five
year period l924-1928 over yields of
the previous five-year period, based
on 1928 acreage and 1928 prices,
/, brought q return Of $35,184,804. The
states total tax bill for all purposes
IN 1927 was $50. 431 .482.
During the eight periods, 1921 to
1928. the value Of dairy products in
i creased u per cent, hogs EOS per cent,
I poultry 152 per cent, and mutton and
! wool $50 per cent and today the value
i Of livestock products represents SO
per cent Of the total value OF all prod
. ucts.
\ Reduced wheat acreage in higher
priced land sections Of the state.
where liberalization is being forced
BY necessity, have been more than
overcome by expansion OF wheat
acreages In sections where less over
hcad and low cost Of production,
through the use of power equipment,
indicates that under certain condi-
lions wheat Is profitable crop de.
spite present marketing conditions.
This accountS for the increase in the
states wheat acreage of more than
. $4,000 acres in 1928 over 1927.
Taxes Drop IS Per Cent
The general economic trend causing
shrtnkages In small business centers
/. and commensurate expansions In
larger centers. coupled with an i'm
proved condition OF agriculture in
most sections. caused 1928 to be
featured In several Of the larger cities
Of the state by unusually large build
I'M programs, which assumed record
breaking totals in some cities.
More than 8 per cent Of all the land
- North Dakota farms was purchased
during 1927 and 1928, purchases for
the two-year period involving some
1,16O 600 acres. The year 1928 re-
corded fewer farm foreclosures than
any year Of the past decade.
Banking conditions show continued
Improvement. cash reserves being
higher. liquid assets increased, real
estate holdings decreased and loans
ana discounts greatly reduced. The
total Of real estate held by national
ana state banks shows reduction OF
- per cent from the peak OF 1926.
Despite = slowing up Of collections,
olae from low grain prices and
tl1e tendency to hold for better re-
Turns, most lines Of business activity
cAme up to expectations during 1928.
Purchases Of automobiles and trucks
Iocreased ~ per cent over 1927.
Iotal state taxes In 1928 were ST.
- 40 - compared with a total IS
pr cent higher In 1921. Combined
Iocal leyies have also been reduced.
Wlenoat = bond issue, North Dakota |
no8 about half completed its improved |
highway system Of 7,400 miles, con- |
necttug Ill county seats.
3xpanston and amalgamations.
Ipoe1soted BY large financial interests. |
Ieaeured the states Ignite develop |
qeut. Large power companies con-
tlnued extensions from power plants
e mlneR A million dollar briquetting
plant opened ct Lehigh. The produce
to0 q dyes from Ignite was expand
During the year more than q mil
i1n 1nd = half tons Of Ignite were
- 1og domestic and industrial uses,
t1ng Z new record.
Li1osteek Boosts Yields
Negh Dakota's spectacular swing
IoWAE6 balanced farming during the /
pqst TN pears, associated as It must
- with botter farming methods, has
eoxeod to show = definite result in
|ncreoood yields Of grains, the review
aoclaEoe. \ gradual reduction In
e3,oat yields Per acre, resulting in an
IyefnGe yteld Of less than II bushels
lilrtnt tho lol0-lo20 period. demanded
f<11lUA The dairy COW. the pig and
- hen. - we'll Is beef cattle and
oopy had to be given consideration,
RI 0lth them came the necessary i'm
oe ~ Acreaeeg Of feed crops which
1teod proper crop rotation. The
~ a cther great gain producing
oa1s GaNe warning that It would
r. slpW nutlding to destroy the
Dan4 ~ rogaiu soil fertility. But
- tof t11e results Of almost 10