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Mt Pleasant News in Mount Pleasant, Iowa

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Mt Pleasant News

Location

Mount Pleasant, Iowa, United States of America

Date

Jun 12, 1947

Page

2

Babson on Banks and Farm Prices in Western States

Babson Park Massachusetts discusses bank strength and farm price dynamics across six midwest and plains states. He notes high costs for farm inputs, rising livestock prices, and suggests farmers should save, invest in banks, and take a vacation as parity laws loom. He warns that relief may fade and that banks are strong today while hog prices fluctuate.

Babson Park Mass Publishers Financial Bureau, Incorporated Seiva Tarin

Banks Remain Open as Learning Continues

In the aftermath the banks will still be open and doing business as lessons are drawn from the episode. Officials emphasize continued access to financial services while authorities review the events and assess safety measures.

Investment guidance in Depression era banks and corn outlook

The article warns money in insured banks is safer than risky speculation. It urges investing at home, buying government bonds, and selling high when optimism peaks. It discusses corn crop delays, weather impacts in the Great Lakes and Ohio Valley, and forecasts wheat production aiding food supplies and prices. It notes heavy dependence on corn as livestock feed and possible price boosts from a short crop.

O. K Great Lakes Ohio Valley Ohio

Record Wheat Crop Estimate Boosted Again

Washington reports a surprisingly large wheat crop forecast by the department of agriculture, nearly doubling the pre war average. The 1938-39 projection indicates about 1 billion 499 million bushels, up from last year’s record. Prospects for other crops remain less favorable, especially livestock and grains.

Washington Department of: Agriculture Ford Tie Department

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