The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-01-04

expenditures cannot be positively de-
termined. At the same time, in those
eastern counties where profitable
crops were harvested. implement bust
ness this yearly all operating con-
cerns-showed approximately 100
per cent increase over that Of year
ago, while general farm lumber con-
sumption jumped IS per cent from
1888. Further, building improvements
on the eastern farms visited totaled
$24,s70 or $4l4.65 per farm, while new
equipment purchased on so farms
totaled 4,482.80, or $64l SO per farm.
Variety Of Needs Shown
All Of the eastern farmers, among
the first 60, indicated that they had
IS per cent Of their seed and feed
needs. Forty-one are needing some
additional new equipment. With $500
above current needs, n would first
purchase new equipment, II would
invest in further livestock, Is would
further paint and repair buildings ana
fences. several would build dams for
water impounding on their own prop
critics, etc. With $1,000 above cur.
rent needs. the intent changes to
some extent. IS Of them indicating
that their first investment would be
In more land, II would build add!-
tional farm buildings, four would In
vest 1t all in improving their strain
Of livestock, etc. The above urge to
improve, and to intrench themselves
even more permanently In agricul-
tural operations in North Dakota is
viewed as remarkable since approx
mately Is per cent of the farm
buildings received paint and improve
n1ents this year In the eastern coun-
ties which did market crop.
while all eyes are upon the agri-
cultural situation proper, business in
stitutions have their own story to re-
veal for 1884," the review sets forth.
I'm 1888, there were 43 commercial
failures in North Dakota. involving
liabilities Of $456.464. For the entire
year of 1894, this figure had shrunk
to $l79.897 liabilities for IL CONNER
cial failures, according to Dun &
Bradstreet, Inc"
The tax situation is Of vital con.
Germ. December l found collections
only 54.83 per cent on the 1893 taxes
which became delinquent upon that
date, as compared with 1872 for the
preceding year. Struggling to keep
within its income, however. the states
total tax bill has been shaved 30 pei
cent in the last four years.
indicative of what the association
believes would be witnessed if the
entire state were to harvest a paying
crop Is the fact that sample town.
ships like Noble In Cass county, had
q total Of delinquent real and per.
sonal property taxes December l Of
only $6759. Throughout eastern
counties which marketed crops thi.
fall the 1888 taxes have been IS pc,
cent paid.
Higher Prices Add Hope
Improved price levels add much oil
hopefulness, the U. s. Department
of Agriculture showing the average
prices paid to farmers in North Da
kota on October Is, 1884, and on {
corresponding da in 1888, respec'
lively to be: wheat, 90 and SO
corn. "a and 80: oats 40 and 10
barley. "a and 80; rye. "a and ~
flax, 1853 and Las; butterfat, .25 ant
.21; turkeys, IL and 10; chickens
81 and Sc: and eggs, 20 and II
Average prices received occupy q "a
ito of 81 per cent Of the. 1909 to 1911
level Of prices on commodities tn
farmer buys, the highest percentag
obtaining at any time since 1890
This is the figure IMPLYING relativ
buying power.
All banks in the state are reputedl!
in top financial condition, the tota
deposits of state and national bank
and of the Bank Of North Dakota
being $92, 792, 1858. This total Is a
Of the October II statement Of ma
tional banks. and as Of the 6eptem
Der % call Of state banks. This com
pares very favorably with the tota
deposits Of SIS, 845,4l2.5l as Of Octo
Der Is, 1888.
No single development during 1913
was as startling as has been the Fed
eral Reserve banks monthly state
ment Of debts to individual account
for the IL principal reporting citie
in the state. With the Decembe
debts estimated. the total 1884 spend
ing by checks-in these IL cities alon
was $458,6l9,000. as compared witt
$685., 7O1 900 in 1888. and $434, 800, 90
in 1892. Obviously, government re
lief expenditures Of approximate
$40, O00,000 have contributed to thi
showing as have the 20 to Is million
Of acreage adjustment contract pay
iments and the emergency cattle pur
chaseS.
with adequate rainfall for safel
seeding a 1885 crop. and with tn
next regular biennial election tw
years In the future, business an
! farming interests will settle down pre-
pared and able to rebuild the agri
! cultural earning power of the stat'
! which slid from $419,623,0 900 In 1872
to a bare $4,000, 900 in 1888.
IG @ N T / N u E ID
from page one