The Power Behind The Savings Dollar
The text argues that small personal savings deposited in banks fuel industrial growth by funding securities for plant and rail expansion. It claims savings protect wealth, bolster capital utilization, and support future wealth production, viewing this as a key positive factor for the economy and business outlook.
Tax rate history shows rising costs through 1920s
Forcing lower taxes from 32 in 1918 to 54 in 1920 then dropping to 45 32 28 and 23 over the last four fiscal years. Next year’s figure may be about 27 with a rising per capita tax trend. In 1918 the per capita tax was a little over 3 20. Over the following four years it climbed to 27 30 36 and 38 with further increases likely.
Store Credit Costs Seven Cents Per Dollar for Farmers
A North Carolina Experiment Station survey of 800 farms shows more than 40 percent of farmers’ total credit needs are for short term loans from banks or merchants. Only one sixth comes from banks. stores and landlords supply the rest. Store credit carries over 26 percent interest, with bankers charging just over 6 percent. Merchants prefer cash dealings. remedy lies in increased food production, reducing freight and dealer profits, and closer banker farmer cooperation to educate on bank credit.
MENTIONED IN THIS ARTICLE
North Carolina
Natural laws drive agricultural progress says banking official
P B Doty of the Agricultural Commission American Bankers Association states that prosperity cannot be legislated and that agriculture follows the same basic laws as any business, noting gloom gives way to renewed hope under natural laws.
MENTIONED IN THIS ARTICLE
P B. Doty
Agricultural Commission
American Bankers Association
Boone County poised to become a dairy center
A Boone County push aims to establish a Guernsey dairy hub with support from farmers, civic groups, and the American Guernsey Cattle Club. Purdue calf club leader M. L. Hall praised local cooperation and noted county strengths for leadership in the dairy industry. Also referenced are Chautauqua memories and a Hustler office sale note amid local obituaries and business updates.
MENTIONED IN THIS ARTICLE
American Guernsey Cattle Club
Boone County
Mr. Fitzpatrick
Lebanon
Chamber of Ommerce
Prompti
M. L. Hall
Purdue University
For Sale White Wyandotte Eggs at $300 per Hundred
Mrs James Graham advertises white Wyandotte eggs for sale at three dollars per egg? per hundred. Advance phone number appears but incomplete contact details.
MENTIONED IN THIS ARTICLE
White Wyandottggs
James Graham
Also Mentioned on This Page
William E. Knox
Gogo G
the State Bank
État Cap S.pean
Island Creek
W. Va
Advance Lumber Company
Harry Lauder
Mary
Riley
Hustler
Arlie Hancock
Ea Ee
Frank Gregory
Joe Hayes
North Salem
Ind
Ora Shelly
Chas
Canada
Ed Wright
Indiane
James Sering