A Reasonable Profit versus a Gamble in Local Utilities
An editorial argues that prudent selling and buying trump speculation, citing missed gains from holding unprofitable land. It notes Sidney’s municipal light and steam plant should be sold to Western Public Service Co., given broader regional value, potential profits, and higher system needs, despite local resistance. The piece cites past losses, stresses a 6 percent fair return on a $400,000 investment, and deems current city ownership unprofitable.
MENTIONED IN THIS ARTICLE
Cheyenne County
Sidney
North Pole
New York City
Western Public Service Co
Panhandle
Lodge Pole Valley
Gurley
Dalton
Lodge Pole
Schroeder
Paquette
City considers selling plants to secure profits and fund upgrades
The discussion notes a 6 percent goal on a 400000 valuation and an estimated 20000 yearly profit rise. Officials warn immediate upgrades require 50000 now and 200000 within five years, arguing current market values and past price regrets favor selling to lock in any reasonable profit.
Nebraska 62 Years in Statehood Chronicle
The piece traces Nebraska statehood from 1866 through 1929, detailing population growth from 22,341 in 1860 to about 1.5 million, and wealth expansion from 20 million in 1867 to over 3.1 billion by 1929. It notes investments in schools, churches, roads, public buildings, parks, streets, and city lighting as hallmarks of development.
MENTIONED IN THIS ARTICLE
Lincoln Star
Nebraska
Congress
Symbolic Stuff Sparks Nebraskan Artistic Spirit
Hastings Tribune notes a distinctive Nebraskan penchant for art and self expression. The piece highlights local imagination and resilience shaping cultural pursuits despite worries and challenges in the community.
Nebraskan Symbolism in Capitol Plans Draws Fire
The speech blasts the bank guaranty debates while condemning the new capitol project as symbolic folly. It decries further taxpayer funding and warns against bureaucratic, artistic excesses in Nebraska's public buildings.
In Appreciation Of Sale At NU-WAY Grocery
A former owner thanks friends and customers after selling the NU-WAY Grocery to Mr. M. A. Zwicks. The new proprietor will continue to offer the same high quality foods that established the store’s reputation.
MENTIONED IN THIS ARTICLE
E. J. Leonard
F. H. Taylor
Madison
Nebraska
Sidney
Mr. Taylor
Myself
Nu-Way
M. A. Zwicks
Zwick
Also Mentioned on This Page
the Telegraph
Guy V. Doran
Tenth Avenue
Hastings Tribune
Post Office
Essex
Christensen Motor Co
Guazaracter
Matice Vd
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