Lv
and
Finance
Babson Park, Mass. Mar. 4.—Many
of reformers and self-styled states
men who are supposed to be working
for the farmers interest seem to think
that all problems will be solved as
soon as the farmer has plenty of cred
it. There is little doubt that farmers in
certain sections ha\te jmd to pay rath
er high interest rates for necessary
loans. It is also true that the farmer
must often borrow money to carry on
his operations just as any business
man must, but a v^ry .large propor
tion of the fanners’ trouble during the
past three years has been due to too
much credit. It has been altogether
too easy to buy all sorts of things on
long credit. The prospect of good
crops has led farmers to take advan
tage of the easy credit and when the
crops have failed it has left the farm
er heavily in debt. Obligations for
non-essentials have often been so
great that the farmer was unable to
get the credit he neded on the tools
and supplies he has absolutely had to
have. Paying for dead horses is not
the pleasantest of occupations.
Th farmers’ difficulties cannot be
solved by more credit , at favorable
rates any more than anyone else can
make a business successful merely by
going further and further into debt.
The farmer will be aided by loans at
reasonable r^tes on essential needs.
He will probably be better off if he
has less credit in other directions, ft
is too easy to run un bills that a good
crop would cover. If the drop mater
ializes and is sold at good prices the
hills are paid and everyone is happy.
But if the crop does not come up to
expectations or if prices are not quite
as good as they promise to be, the
hills cannot be paid and the situation
is decidedly unpleasant for everyone
concerned.
In many sections this year’s crop
marketed at pood prices has pone to
pay for the things that were bought
and worn out two years ago. The dead
horses are finally paid for and the
farmer has an opportunity to get onto
a sound business basis so far as his
financing is concerned. Borrowing
and going into debt for absolutely ne
cessary operating expenses is legiti
mate and necessary but the purchase
of luxuries and non-essentials on cred
it, should l>e avoided as the plague.
Better wait until the crop is market
ed and the cash is in hand, then you
know where you are and can buy with
your eyes open. Luxuries that are ful
ly paid for can really be enjoyed. Not
more credit, but the more intelligent
use of credit is needed jn many farm
ing sections.
Cotton is lieing Consumed at record
speed. In January 589,725 bales were
used i nplace of the 578,468 consum
ed the first month of last year. This
monthly figure reflects the change
that has taken place for consumption
during the last six months is not up
to that of the same period a year ago.
Added to this increased domestic con
sumption we have exports of 1,076,090
in January of this year as compared
with 546,853 last January. Exports
have almost doubted. Exports for six
months ending January 31 total 5,
420,185 hales as compared with 3,
868,043 for the same period last year.
This tremendous increase in the con
sumption of cotton is rapidly using
up the stocks on hand and argues for
better cotton prices next year.
World Production of l’ork and pork
produ t- in 1924 came near making a j
record, and would have had the Unit- I
ed State- exports been up to last year.
European countries maintained, and
some of them increased, production
while the United States showed a
downward -wing in production with u
i i >e in prices and curtailment of ex
ports. Denmark slaughtered for ex
port 4,000,000 hogs compared with
•>,400,000 in 1923; the Netherlands ex
ported •>() per cent more pork to the
United Kingdom than in 1923; Cana
da exported 35 per cent to 40 per cent
more: white Ireland and Sweden also
made inert a os. The inspected slaugh
ter of hog... in Germany was 9,700,000
a? against a,780,000 the previous year.
Compared with these facts we get
from the department of commerce fig
ures that the exports from the United
States of ham and bacon for 1924 were
638.000. 000 pounds compared with
829.000. 000 in 1923. Ex parts of lard
were 914,0011.000 pounds am against
1.035.000. 000 in 1923, Importing coun
tries did not consume less p®jk and
lard but there bought more from other
surplus producing countries. With the
probable smaller amount of hogs pro
duced this year, together with the high
prices which are expected to prevail
we nicy look for even smaller exports
than those of last year.
Wholesale I’rifcfi for January 1925
show interesting comparisons with
those of a year ago. The department
of labor now reports farm products at
153.1 a- compared with 144.-1 in Jan
uary-1924. Foods stand at 159.8 as
compared with 113.2. Cloths and cloth
ing stand at 191.1 as compared with
200.1 a year ago. Fuel and light is now
figured at 167.9 as compared with
168.9 Metals stand at 136.3 as compar
ed -with 111.9 last January. Building
rials figure at 179.:! as against
181.0. Chemical, and drugs stand at
135.'2 instead of 131,8 and house furn
ishings at 172.6 against 175.8- last
year. Miscellaneous classifications av
erage to 127,1 as compared with 116.6.
A*j conmoditie stand at 160. for
January 1925 a against 151.2 last
_H"! x
February, up and over did itself in
the matter of breaking another re
cord unequalled in recent years, de
clares S. S. Schworm, meteorologist
in charge of ft>e Charlotte United
States Weather bureau.
The wind movement, which totaled
.1,366 miles, was the smallest on re
cord. The month was the third warm
est February since the establishment
of the Charlotte station in 1878.
The maximum air pressure was the
lowest monthly since 1912. The month
was the driest February since 1906,
and the fourth driest in the history of
the station.
February was the warmest since
1890, and only one other February,
that of 1884, exceeded it, in warmth,
making it the third warmest February
in 47 years. The average was ten de
grees greater than that of February
1924.
The highest temperature was 73 de
grees on the 8th and the lowest, 27 de
grees on the 13th. There were but
four days on which the temperature
was freezing or lower, the smallest
American Grapefruit is making its j
way in foreign markets. The British j
demand for it continues strong, states j
Edward A. Foley, American agricul- 1
tural commissioner at London. The
strengthening of the market is result
ing in the appearance of better
grades of fruit than formerly. There is
a slow but constant increase in its j
consumption in France, according to
David S. Green, assistant trade com
missioner at Paris. Monthly imports
have increase to about 800 cases, GO
per cent of which is consumed by
American residents at the capital. The
best quality fruit sells at 21 cents each
Farm Machines get hard treatment. j
One of the saddest sights from an •
economist point of view is that of
plows, harrows, planters, harvesting
machines, wagons, etc., standing out in
all kinds of weather, summer and
winter. In some places farm machin
ery is kept under rough sheds, open
on all sides, which afford but little pro
tection from the weather. The effici
ency of many an American factory de
pends upon its machinery and the per
feetly cleaned and oiled condition of
hat machinery. Experts are constantly
watching and caring for it. Machines
to be efficient must he taken care of,
whether they he in the factory or on j
the farm.* With growing® practice -of f
machine ferming, the farmer must
realize, that he should give to his ma- j
chines the same care and weather!
protection that he gives to his horses
or mules.
I
monthly amount tinoe 1911.
The total precipitation was 1.91
inches which was 2.48 Inches below
normal. There was no enow. It was
the driest February since 1906. Since
the opening of the Charlotte station
there have been but three drier months
of February, 1895, 1898 and 1906. The
greatest amount of rainfall in any 24
consecutive hours was .92 inches on
the 10th and 11th.
The total wind movement was 3,666
miles, the smallest on record. The
hourly velocity was 5.3 miles, which
was two miles less than the normal.
The prevailing direction was from the
south while the normal prevailing is
from the southwest. The maxfnum
velocity sustained for five consecutive
minutes was 21 miles per hour from
the southwest on the 26th.
There were 164 hours of sunshine
which was 64 per cent of the possible
and two per cent below the normal.
Clear days totaled eleven; partly
cloudy, three; and cloudy fourteen.
Solar halos were observed on the 6th,
<th, 22nd and 2oth. A flense fog oc
cured on the 9th and 10th.
Air pressure, reduced to sea-level
averaged 80.06 inches on the 28th, the
lowest February maximum since;
1912. Tite lowest reading, 29.52 'inches,
occurred on the 11th.
ACHES AND PAINS!
All OVER BODY!
Mrs. Proctor Reports Great
Benefit by Taking Lydia E.
Pinkham’s Vegetable
Compound
Sharpsburg, Pa.-“I recommend
Lydia E. Pink ham's Vegetable Com
pouna to au suffering
women. I have taken
four bottles of it and
I feel 100 per cent
better. I was dizzy
and weak with no
appe ti te, no ambi tion
and with a tired feel
ing all the time. I
had aches and pains
all over my body and
had the headache a
good deal. 1 saw
Vmir
in the ‘Pittsburgh Press’ and thought it
might help me. I have been gieatly
benefited by its use and highly recom
mend it for all ailments of women.”—
Mrs. J. H. Procter, Box 1, East Lib
erty Station, Pittsburg, Pa.
Such letters prove the great merit of
the Vegetable Compound. These women
know by experience the benefit they
have received. Their letters show a sin
cere desire to help other women suffer
ing from like ailments. Let these experi
ences help you-now. |
In a recent canvass of women nur- I
chasers, 98 out of every 100 report ben- f
eficial results by taking Lydia E. Pink
ham’s Vegetable Compound. Sold by
drucrvists everywhere.
M'LEAN HAS BIS
STATUNFLUENCE
RAleigh, March 3.—Governor Mc
Lean’s powerful influence with the
192ft general assembly was again em
phasized in the senate this morning,
when the bill to increase the member
ship of the state highway commission
was returned to the :>cnate committee
on roads, upon motion of Senator Os
car Clark, of Bladen, one of the intro
ducers of the hill.
The agreement which brought the
motion from the Bladen member was
reached at a conference prior to the
morning’s senate session between Gov
ernor McLean and 24 senators who
were avowed supporters of the pro
posal to give each highwar district
three commissioners. Mr. McLean told
the senators that enactment of the bill
would embarrass him, and he request
ed that they abandon their fight.
Had the bill reached a vote in the
senate it undoubtedly would have been
passed. The sponsors were claiming
easy sailing in the house. Once hack
n committee, however, the measure
would he allowed to rest with the con
sent of its introducers.
Friends of the highwav commis
sion feel that Governor McLean’s ac
tion probably saved the present or
ganization from being “scrapped.’’ En
actment of the measure certainly
would have brought resignation of
Chairman Frank Page and several of
the district commissioners.
It would have localized highway can i
struction beyond a doubt, although
the supporters claimed that It. would
‘democratize the commission" and
thereby add greater popular aupport
to road building.
The support of many prominent in
public life was claimed for the meas
ure. One senator made the assertion
that O. Max Gardner, Democratic
State Chairman John G. Dawson and j
United States Senator Simmons had
given their approval to the Mil.
SUMTER. S. C. BRIDE
COMMITTED SUICIDE TODAY
Greenville, S. C., March 8*—Mrs.
Rath Jackson, a bride of six months,
died at her home here this morning
after taking poison. She left's note
saying that she planned the suicide.
Her husband, R. H. Jackson, said that
she was apparently normal when he
left her for his work nt seven a, m.
He states he knows no leason for her
act. The body will be taken to Con-,
way, S. C., her former home, far bur- .
a!.
People who put their moral? in 1
he r living g't better results than
:hp»8 'Prbo moralize.
Bei*
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