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Newspaper
Hamburg Reporter
Location
Hamburg, Iowa, United States of America
Date
Dec 28, 1922
Page
1
The piece urges citizens to move beyond drift into action for a better year. It compares progress to a ship with a powerful engine and calls for a public meeting to gather ideas on community improvement. It stresses shared responsibility and proactive effort over waiting for change.
The year brought better times for farmers and farm businesses with higher crop prices and overall farm income rising by more than a billion dollars. While freight and living costs stay high, legislation, lower interest, and cooperative marketing aid improve farmers’ finances, though droughts and long-haul costs remain burdens.
Many farmers favor changing from cash receipts to inventory basis for tax reports. Guidance from Office Decision 481 explains calculating current year gross profits without certain inventory deductions. Farmers may value inventories at market prices under regulations 62 and 45 to ease returns.
Prices for craps on the Jawa market rise through November and October, reaching 78 and 83 cante respectively, with December rates topping 99 emis Aly ga par against the broader market. The report notes steady climbs as war-time factors influence pricing and exchange in the United States area.
A quirky column offers financial does and fables for 1923. It cautions on year end profits and losses, urges prudent debts, and notes editorial prowess. Witty lines poke at editors, beauty myths, and crime with a satirical edge.
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