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Newspaper
Mitchell Capital
Location
Mitchell, South Dakota, United States of America
Date
Jun 12, 1908
Page
13
Renters lament high rents and argue for buying land as a farm option. A caller notes potential to acquire farmland instead of paying $3 to $5 an acre in rent, urging ownership over leasing in searches for affordable farming.
The notice warns that investors from other states reap profits as prairie land prices rise. It notes many people have doubled their money quickly by purchasing agricultural acreage.
The speaker argues that lending money at 4% or 6% yields far less than potential gains from land investment, urging readers to consider real estate as a higher return option.
Returns from the March primary come in slowly with many precincts incomplete. Senator Kittredge appears to lead by 239 in the county with one precinct unsettled. Perry township reports partial returns and the state ticket shows Burke and the rest of the ticket likely to prevail. The county surveyor race remains too close to call between E K Mather and John L Nelson. Democrats and Prohibitionists nominate their county ticket without opposition.
The University class of 1909 hosted a seniors banquet Tuesday evening at the Methodist church basement banquet hall. The event featured decorations, music by the Nichols Mandolin Orchestra, toasts, and motions from Ethel Sheperd as toast mistress. Responses were given by Paul Witzel and others including Lydia Nix, with Mr. John Auckland, Miss Merial Chappell, and James Dobson among speakers.
A narrative note recalls Robinson Crusoe finding footprints and a knoll billboard warning Use Bank's Pills For All Liver Troubles. Publishers demanded advertising fees, so the tale was cut from the book, leaving readers with a garbled press form.
R P Loomis resigns as cashier of Western National Bank to join a new banking venture on the Milwaukee extension on the Pacific Coast for health and career reasons. His successor will be announced later as officials lament his departure and note he helped build the bank’s business.
A Washington Star column recalls an Omaha man who demanded 5000 from a banker threatening instant death by explosion. The episode echoes the old Norcross incident with Russell Sage, where a caller sought a huge sum, trading time for negotiation while the banker's caution prevailed.
Turner Produce Co ends a citywide limerick contest with a prize of 10 dollars awarded to the Ladies Aid Society of the Methodist church. Judges used numbered entries, while readers see a series of verses praising Turner's milk and the yellow delivery wagons. The company plans a new open contest with a 1 dollar prize for the best limerick and retention of all submissions for future use.
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