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Newspaper
The Democratic Banner
Location
Mount Vernon, Ohio, United States of America
Date
Jul 13, 1920
Page
6
The article notes higher prices for eggs milk sugar and shortening, and claims even with low flour costs the overall expense to produce bread rolls and cakes has increased. This highlights the impact of ingredient prices on bakery products.
Community notes list taxi contact 315 J Cole and W Steffan and townsmen visiting Columbus and Newark. Advertisements promote Bell's bread two sizes 10c and 1c. many names, trips, and social engagements across Mount Vernon, Columbus, Newark, and Cleveland.
A long list of visitors and locals move through Danville and nearby towns. Names include Mr. and Mrs. Charles Brubaker Cleveland relatives and others from Akron Columbus Springfield Gambier Johnstown and Mount Vernon visiting relatives, attending lectures, or returning home after short trips.
London July 12 The net total cost of the war to European belligerents exceeds 40 billion pounds in losses and depreciation. Germany 4.7 billion France 6.26 billion United Kingdom 5.2 billion Austri a Hungary 2.1 billion Belgium 550 million. The United States and Japan gained wealth. the war shifted global capital to London as a central outlet.
A economist estimates postwar wealth declines and indemnity costs. He cites Germany losing about 20 percent of national wealth plus other assets, Japan's wealth doubling during the war, and Europe needing new capital to restore trade. He warns European economic collapse could shift global financial policy for a decade.
Detroit announces the Tidewater congress gathering July 22 24 with over 1500 delegates from the U S and Canada. Central west spokesmen from commercial industrial and agricultural interests will present arguments on the project. Officials say current engineering focuses on 46 miles of the St Lawrence river and possible dam construction to tame rapids.
Mr Adams outlines a plan to convert the river into a network of lakes with a projected cost of 160 million dollars and a five year completion. He says the route will not send Lake carriers to Europe but will turn inland ports into ocean ports and boost world merchant traffic. The four dams would generate over 4 million horsepower and shift coal usage, with opposition mainly from New York likely easing after fuller hydropower details.
Livestock receipts and prices across Chicago and Pittsburgh show steady to higher trends. Hogs and sheep see gains while calves and cattle hold steady. grains list Sept futures for corn and oats with mixed small gains and pork lard rib futures cited.
Prices paid for delivered farm products at H. V. Smoots warehouse include No 1 Country Butter No 2 Country Bitter Small Spring Chickens Heavy Hens Light Hens Heavy Spring Chickens Old Roosters Ducks Geese Turkeys by 18 to 28 cents and other figures in the record.
The American Legion meets Tuesday in the Chamber of Commerce room. A I U members with families gather Wednesday in Macceboo hall July 14, replacing July 7. Sons and Daughters of Liberty plan Tuesday at 7 0 o'clock initiation. Hiawatha lodge 825 Loyal Order of Moose meets Wednesday at 8. Congregational Church holds annual planter at Starr Point next Thursday with 4 30 start. Poultry and Pet Stock Association meets Tuesday to select its judge for the show.
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