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Newspaper
Sidney Telegraph
Location
Sidney, Nebraska, United States of America
Date
Aug 27, 1929
Page
6
Nebraska’s banking system shows signs of stability with 24 consolidations in a short period and 15 state banks closed or reorganized since the new law. Deposits lag premarket levels, but farmers expect gains from a strong wheat crop and higher corn prices as overdrafts fall and loans shrink, signaling a healthier long term outlook.
Dairying is valued at 93 million dollars in Nebraska by A E Anderson state and federal statistician. Butterfat used for manufactured products rose 74 percent since 1920. Nebraska moved from sixth to fourth in creamery butter and from 26th to 12th in American cheese while United States production fell. Nebraska leads in powdered buttermilk and shows progress last year as national output declined.
Alliance officers arrest F. K. Swanson of Peoria Illinois suspected of devising a kidnaping hoax against Mr. and Mrs. Fred Kauffeld farmers 18 miles northwest of Alliance. He claimed a niece was held and demanded 500 dollars for release a confederate in army uniform delivered letters from Fannie to Swanson. The case may reveal blackmail rather than a genuine abduction threat.
Nebraska wealth in 1928 surpassed one billion dollars with farming and manufacturing as the main drivers. Farming yielded 622.76 million, crops 327.28 million, and livestock 295.49 million, while manufacturing reached 420.3 million. Projections for 1929 look optimistic as prospects improve.
Real bargains in slightly used pianos with payments of 10 dollars per month after a 25 dollar down payment. Prices range from 100 to 250 dollars with several midrange options. Burgess Music Store announces these deals at its 98 105 location.
Retired locomotive engineer J. H. Clark of Omaha credits Sargon Soft Mass Fills with lifting a nine year health decline. He says weight dropped from 207 to 142 pounds by 1928 after severe stomach trouble and influenza. He reports renewed strength and ongoing weight gain after using the product via Western Drug Co. agents.
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