Nebraska Newspapers

    This Year s Crop
to Decide Fate
of Farm Section
Larger Quantity Productions
and Increased Yield Per
Acre Will Be Aim
of Farmers.
West Point, Neb., Feb. 17.—Cuming
county fanners and agriculturists of
this section of the state in general
are planning on a bumper crop and
livestock production during the 1924
season.
Undaunted by the somewhat unfa
vorable market conditions, the farm
ers will, by hard work and the prac
tice of many economies, strive to
make the financial balance again
awing decidedly in their favor.
Hopes and fortunes await the out
come of this year’s crop in Nebraska,
for the outcome will decide the eco
nomic fate of the agricultural section
for the better or for the worse.
The fanner, who plays the leading
role In the "Stern Realities of 1924"
is out to win. He is aided by a mental
acumen made sharp by his experience
of the last seven years in tasting the
cup of prosperity and draining the
dregs of a real depression in his busi
ness.
larger Yields Per Acre.
Not only will the agriculturalists,
who are the backbone of this state,
make supreme efforts to secure larger
quantity productions, but they also
wifi endeavor to raise the crop yields
per acre.
If the market ij not all that tho
farmer can desire, there remains only
ons way out of the dilemma—larger
yields per acre and, perhaps, a great
er crop diversification.
While there Is no real authority for
the assumptions that hog raising dur
ing the coming season will be not as
extensive as last year. It might be
reasonable to expect that such will
be the case.
There Is a growing tendency to fa
vor cattle raieing, as the cattle mar
ket seems to be on a much firmer
basis than Is the swine market. The
sentiment in favor of the cattle rais
ing doubtlessly will lead many farm
ers to shift their livestock production
from hogs to cattle, except, of course,
in the cases of the purbred breeders,
for their market Is always more or
le.ss constant.
Corn* Big Crop.
Corn Is certain to bo a big crop pro
viding that ths weather conditions
are favorable.
There Is one branch of the farm
that If augmented enough will pro
duce a panacea for agricultural Ills.
Dairying provides th# way In no un
certain terms.
A consideration of the market val
ue* of a number of th* most Import
ant crops and livestock productions
for the last 20 year* In this aectlon of
th* state may give some Illuminating
material.
Th* crops, livestock and th* gen
eral market that Is considered In
cludes corn, wheat, oats, hogs, eggs
SAd butter. It previously has been
pointed out that th* raising of cattle
today la a profitable industry.
Th* markets of West Point. Wis
ner, Lyons, Oakland and Hooper will
serve as sources of information.
In 1904 the market was: Wheat, 52c;
oats, 33c: eggs, 25c; hogs, $4.60; com,
31c, and butter, 13c. Totaling the
units of sale of these commodities, the
aggregate worth of th* Items listed
is $6.24.
Crop Value Slumps.
In 1HJ4 In ths same markets, wheat
was bringing 74c per bushel; oats, 33c;
com, 63c; eggs, 24o per dozen; hogs,
$3 per hundredweight: butter, 18c per
pound. The aggregate worth of the
units of sale In this year was $10.02.
Today, this same market Is quoting
wheat at 83c; oata, 40c; eggs, 27c;
hogs, $5.95; corn, 64c, and butter, S5c.
The sum total of the various units
this year is $8.44. This is only 13 per
cent higher than 20 yejirs ago and
II per cent lower than 10 years ago.
Taking the markets of these staple
products into consideration, along
with the cost of the living maintained
on Nebraska farma today, It will be
seen that th* farmer's average crop
of today Is not worth as much as the
average crop of 10 years ago, or 20
7*ara ego!
The farmer's first reply to the
above mentioned fact# Is simple and
la easily comprehendible. He will, by
sheer force, produce larger crops and
get larger yields per acre. If he can
accomplish these two things he will
receive some economlq amelioration
from the wedge of prices, which un
fortunately Insist* that the farmer
atep lively and keepihls wits about
him, or go under, f
It will be seen from th* etatlstlcs
that corn, butter and eggs are bet
ter than ever before, as far as prices
are concerned. This means, therefore,
that these products will be heavily
patronized on the market this year.
There is on* very Important item
that has been omitted from the data
apd that on* Item Is cream. There
was not enough cream sold 20, or 10
years ago to give this valuable com
modity space In the market reports.
Will old bossy cow turn the tables
In favor of the farmer? It begins to
look as though "dairy products" Is
ths trump card that completes the
farmer’s band In his game against an
alleged economic complex of a glutted
market thnt haa nagged th* farmers
of this section for the last several
years.
Creameries ara Itching to pay cash
checks for cream, poultry and butter.
Counting eggs, this makes a fourfold
source of safe, secure and constant
revenue for the agriculturlat.
The farmer who today builds up a
dairy, a good one, and maintains It
will be the farmer who will win out.
In fact be almost has the game
beaten If ho also will look well to Ills
crop*, consider the benefits to be de
rived from a well kept dairy, market
bis poultry and eggs, and feed his
livestock and land with material de
rived from his dairying.
A veritable mine of wealth is swnlt
In*? exploitation.
Pig Gland Put in Hoy
to Improve IIis Mind ^
Amarillo, Tex., Keb. 17.— l>r. M. K
Harrla tcnight announced the sucrea*
ful transplanting of a thyroid gland
from a pig to a 23-months old boy.
The operation, the second of Its
kind In tao year* wn« performed to
Improve mentality. It required 11
minute*.
m
And They Once Said Corn Wouldn’t Grow on Range
Keith county produces com. Here is how Orville K. Jackson takes care of his surplus corn crop. His
home, a few miles from Ogallaln, wns at one time open cattle range and it was thought that com would not
grow there. The result speaks louder than words.
$1,500,000 on Cream
Lost by Farmers
Poultry Raisers Penalized
Four Cents a Pound for Sell
ing at Flat Rate.
Brookings, S. D., Feb. 17.—Not hav
ing grades at the local buying points
in the matter of cream alone cost
South Dakota farmers $1,500,000 in
1122, according to a statement of the
department of farm economics at the
state college. Poultry raisers were
penalized 4 cents a pound in some
communities for selling at a flat rate,]
the statement said, adding that there]
is no way of estimating the loss sus
tained by farmers on all the products
they marketed because of the grades
not yet being extended to where the
farmers are benefited by them.
"Very few farmers are being bene
rt’ted by the few instances in this
state where uniform and recognized
grades of farm products have already
been established,” the statement con
tinued.
“The flat rate buyers of farm prod
ucts are not in business for their
health and so long as they are hand
somely paid for grading the farmer’s
products It Is doubtful If they will do
much toward helping the farmers
obtain grades for their products
locally. Only by organized efforts on
the part of the producers can the
grading of farm products succeed.”
Practically all farm products are
graded now, the statement said, but
In many cases dthers, rather than
fanners, reap the profits that right
fully belong to the growers.
' A
Half-Nickel Coins
Planned as Mementoes
■/
Washington, Feb. 17.—Coinage of
2H-cent pierce In memory of former
Presidents Roosevelt, Wilson and
Harding was proposed In a bill Intro
duced In the house today by Repre
sentative Wolff, democrat, of Mis
souri,
On one side of the coins would be
the medallion of one of the three for
mer executives, in equal numbers,
with the date of his hlrth and death,
and with the Inscription, "In God
We Trust." On the reverse side
would be the Inscription "E. Pluribus
Cnurn, United States of America,”
Hen Sense
Many problems confront poultry
owners during tlio baby chick sea
son that need careful attention. A
few helpful hints will bear repiti
tion for they are often forgotten
during the year.
Chicks should be fed carefully.
It is estimated that a full half of
all the baby chicks which die the
first II days of life, die from Im
proper feeding. It is good economy
to purchase the best feeds obtain
able for them in order that they
may get a proper start. Home mix
tures and home ideas are all very
well hut they cannot compete with
the splendid results achieved from
feeds which have been tested out
and proved worthy by years of
success and which meet all re
quirements of the government and
state agricultural departments. Ex
perts are extremely doubtful of
the value of home made feeds.
The poultry Industry is growing
by leaps nnd bounds. Nebraska is
one of the states hemming famous
for its poultry products and In many
instances the poultry yard has
earned many times what the ling
and rattle bam has contributed.
There are some farms In this ter
ritory which show a greater re
turn from the ponltry flock than
from the entire farm and its stock.
Something apparently new is
brought out nearly every day. It
behooves the poultry famier and
breeder to keep his or her thinking
cap well oiled and in constant use.
.Many of us have allowed the clamor
of newer tilings, like artificial
light, sex control ntid culling, to
drown out the thoughts of such val
uable and unfailingly marvelous old
farts, as the value of milk for chick
ens of all ages. We seriously doubt
that there is a single feed or drink,
of all that are available for poul
try, that is one-half as good as
just common plain every-day cow's
milk or specially prepared butter
milk.
On the average farm where only
a small flock of rldckens are kept,
milk Is not so very Important in
the summer; but it is ahsolutely
nrcessary in the fall and winter
months. The commercial poultry
raiser and breeder can get along
well without milk of some kind in
the dairy rathm. Chick rearing
| time Is here, and with them come
' chirk troubles, ailments and mor
I
With the County Agents
Fremont—The high price paid for ap
ples In the face of a large crop in mo3t
commercial apple sections la stimulating
an Interest In planting of new home
orchard?. says County Agent R. N.
Houser. The county agent, however, urged
farmers who contemplate such planting*
to carefully Investigate varieties, culti
vation, spraying and pruning before set
ting forth on the venture.
Fremont—Approximately 4 per cent of
the hogs on the farms In the United
States died of hog cholera last yeAr, the
county agent said Nebraska waa second
to Iowa In heavy losses; Indiana, Missouri,
Illinois, Ohio, Georgia, Minnesota and
South Dakota were next In line. In the
order named. Kach of the state** lost
more than 100,000 head, the county agent
•aid. s
Blalr—The county agent warned farm
ers of this county against purcheee of
"bargain meads" and "cheap seeds," as
advertised by many seed houses. These,
he said, were liable to contain a large
portion of various weed seeds.
Flair—Washington county was well
represented In the Nebraska accredited
farm flock project, with two second-year
and two first.vear members of the co
operative organisations. All of the four
ht* now enrolled for another year. The
highest average number of eggs obtained
was from the chicken* of O. A. I,ang
horst, Fontanell*. They produced an aver
age of 145.4 eggs P*r hen.
Blair—Women of the county who have
enrolled In the hat selection instruction
clashes, to be held here each month, met
for their first instruction The classes
are held under the supervision of the
agricultural and home economice exten
sion service.
* Weeping Water—A federal Income tax
expert* is to meet taxpayers of the county
at three points In the county during this
week to assist them In making their re
<USe8ward—Starting n#T% Tuesday morn
ing. "even meetings In the Interest of b t
♦ er hog raising will be held at "®V*r"l
points in the county. The lest mwllnj
will he held February 21. An expert on
hog sanitation and Its benefit! will ap
pear before the farmers gathering at a I
meetings Part of the time will ha given
over to discussion.
Seward — A farm accounting school wlll
he held here February 21, K. 1- Baylor,
head of that department of the "gr!cul
tural extension service, giving the 'Ostruf -
Iton. Handling of farmers cost •‘'counts
will be taken u There will be a morn
ing and afternoon classes.
Geneva—Following extensive develop
ment of community enterprise at ntrang
and Martland th- Rural Womens clnb
of Chelsea township Is sponsoring a corn
munitv movement, which Includes devel
opment of a . ommunlty center, according
to the county agent here.
G nevn- The county agent has outlined
In part the art of rnaktng soap from
fats saved by farm housewives He ad
vised on the amount of lye to b« used,
clarification of the soap and other points,
and recommends use of the state agricul
tural college circular on soup making.
Geneva—The farm flock of Mrs Frank
Basnd. Strang. Is ranked among the in
highest flocks of the state accredited
farm flock - project this year.
Geneva- The first meeting of the
women who are taking up work outlined
by the home economics extension service
In making and selection of hats, reported
for their Instruction here They are to
meet again on February 29.
Wlkhorn /S. Warren, farmer near
here, prslaed the hog lot snnlte.tloti PfM
|ect outlined In the government film
shown here some time ago. After trying
the sanitation pictured, he allege* that
his hogs have become much more healthy
and are Improved us to weight.
Fremont—The county agent declared
that "no one would think of trying to
lalse cattle in a dry lot. without any
pus! urn, hut many apply that to hogs
Wlille Nebraska Is not the easiest state
In which to grow plenty of pasture, there
is no reason why we cannot hav>- * on
tlnual pastures if we plan our crops
right 1 Me then outlined 'he advents****
of keeping bogs on pastuie part of the
time.
Fremont—Tree* that are badly infected
with canker or blight might well be re
moved and cut up for firewood to eave
on high priced coal, the county agent
raid. He outlined tha method* and the
tree# to be pruned at this time, which,
lie said, wa* the beat time for the pruning
work.
Fremont—Delegatee from the various
communities of the oounty are to meet
rith Miss Edith Martin, health epeclallst,
to take up their work In the "Home
Health" project of the state extension
lervlce her* on February 19.
Bancroft—One of the two gasoline
engine school* which are to be ataged In
• hi* county February 26 to 27, will be
held In the Chester Oraff sale pavilion
near her*. The other is to be hold on a
farm near Oakland. An instructor will
assist farmer* to repair tractor automo
bile and stationary engines, and lnatnict
them In keeping ths enginss In working
order.
West Point—Ths county agent la urging
farmers to give their sons or daughtere
one or more of the young pig* on the
farm, ao that the youngsters may snroll
in the county pig **lube. Approximately
100 members of tns clubs are anticipated
for this year.
West Point—In his wsekly notes to
farmer* of ths county, K. C. Fouts, ths
county agent ha* urged some sort of
systematic testing for bovine tubercinoala
in this county.
Leslngton—1Ths Dawson Oounty Kgs
Producers Khtpplng association handled
2f» rase* of egg* during one day this
week. Albert Simmons, president of the
association announced. The association
ha* been marketing its member* eggs for
15 week*, and Mr. Simmons declared that
he wm "*ur« It Is no Jonger an experi
ment Six-rent-a-doxeri premium for the
strictly fresh, graded eggs, has been ob
tained for the members, he said.
Wahoo—The 51 per cent of the stork
owners of the county required to bring
Into the eounty the bovine tuberculosis
test* by the federal government are pr*r
tloally nil signed up on petitions circulat
ed for that purpose, the county agent
said, with shout lf»0 more names on the
petitions, the anti-tuberculosis campaign
will be well started, he added.
Weston—Oasnllne engine abort course*
will be given near here and at Mead, on
February 19 end 20. by h represent^Iv#
of the Mechanic Arte collage at Lincoln
Farmers will he instructed In the care
and operation of all types-of gasoline e«
glnes
Wahoo—A club membership campaign
will he staged In Paunderg county this
spring, to attempt to Interest the 2.952
children of the eligible age to Join boy*
and girls agricultural Hubs, It was an
nounced here Kach member of the com
mittee in charge of the work will be **
slgned five schools In the county, through
whbh he le to work In the Interest of
ih** Huh membership
tality. Millions of chicks will (lie
an untimely dentil, again this year.
Why? Because the people have
not yet learned the value of pre
pared feeds and of milk as a feed
for chicks. We believe the liberal
feeding of milk will save several
million chicks and reduce the mor
tality more than 50 per rent.
What kind of inilk Is best for
small and growing chicks? The an
swer is buttermilk or whole milk
just as it comes from the row. Ex
periments recently conducted, clear
ly indicated that whole milk for
growing chicks is much more valu
able than skim milk. It was found
that whole milk in the chick ration,
will greatly reduce tile mortality
and almost double the growth. In
recent years many of the chick
diseases have directly been traced
to lack of proper nutrition.
Nutritional diseases, are respon
sible for many chirks’ ailments. Add
whole milk to the ration and save
your chicks, and increase their de
velpment. When ehirks show great
weakness, emanciated appearances,
(specially observed in head and
around eyes and a generally weak
ened condition, add whole milk In
abundance to their ration and watrh
tliem come out. On many commer
cial poultry farms, the green food
problem causes trouble and loss, in
surh a case add whole milk to the
ration and save the day.
Nothing like whole milk for the
baby rhlcks, growing thick or breed
ing pen. Try It and become con
vinced. We say this, and fully
aware of the prire of whole milk,
as well as the difficulties of secur
ing It. It the price of milk makes
regular feeding of whole milk pro
hibitive, then surely almost re
gardless of prire It will pay to feed
buttermilk mash feeds or whole
milk the first two Weeks of a
chick’s life. In the feeding of lay
ing hens, for market egg produc
tion, skim milk is very desirable.
Our general recommendation
would be to feed whole milk the
first two weeks, and if price Is not
IM-ohihitlve the first four weeks.
Milk In any form, has been found
to Increase the fertility and hatch
ability of eggs when fed to the
breeding stork. All indications are
that milk Is an Important part of a
chick and chicken ration.
Farm Boy Makes $558
Sioux Falls, B. D . Feb. 17.—Louis
Mamre, a boy living at Garretson,
who took part In a 1923 corn club pro
ject, made a profit of $336.35 from
18 acres of corn. His corn went 65
bushels to the acre and he sold the
8S0 bushels for 60 cents a bushel
Ten bushels of seed corn he sold for
$15. Hs also mads $15 from fair ex
hibits of hla corn, making In all $568
apart from the expenses.
CANESEED
f 1 00 bn.: Millet. 91.00: Kaffir. 91.10: Milo
91.60; Alfalfa. 99; Red Cover, IlSO"
White Sweet Clover. I*.00; Alalke, 90.60
Grimm Alfalfa. 926 00; Orchard Ora**.
92.50: Red Top. 12.60; Kentucky B!u«
Gra*a. 91.50; Sudan, 64.00; Broom Corn
aeed. 93 00: Timothy and Clovar. 96.00;
Heed Corn. 92.00; Unhulled Clover.
11.60. Five per cent discount on 6
huahel orders. We live where It
rrowa. Ship from several warehouses end
•eve you fretffht. Satisfaction or none*
bark. Order rJnht from this ad or write
for. samples, but ret order In before
another advance end while we can make
prompt shipment. Meier Seed and Grain
Co.. Selina, Kan**a —Advertisement. P
I *4 •****•**• —<*hl S mhttlTi
[ *kiMMt Tb*MwItutt t|M*4wiy
•tatTtMrkMWMnilitnilpMtd
•1*1 Tta Umm Itita
r*"r! Hw war* car* *o Kim
mrimrn* m tow. AutMMtHI* Show
Stutz Nebraska Motor Co.
2096-58 Farnam St. AT 7408
UPDIKE
GRAIN SERVICE
CONSIGNMENTS—
Tour ear of Brain In onr ear* fata arary adeantaga our tong axparleaea
and betlar farllltlea ran giro.
Tha bualnraa of thla company la founded upon tha aalld principle at
looking out for our cu-tomara' beat Intaraata.
Nat Only RELIABLE SERVICE Bat SUPERIOR
Par aalatr and aatlafaetlon’a aaka hava your billing rand. "Notify UPDIKE
CRAIN CORPORATION” at any af tba naarbata where we opetata.
TELEPHONE AT-l.ANTIC «S11
Updike Grain Corporation
OMAHA
Ckicaio Kwmi Cltr IHIwaukM
r
Danger of Overproducing Milk
Is Doubted bv Secretary Wallace
•> •
Dairying With Poor Cows Unprofitable, Head of Federal De
partment of Agriculture Writes—Sees Possibilities of
Great Flxpansion in Consumption—Approves
Nebraska Movement.
Secretary of Agriculture Henry C."
Wallace has written J. M. Glllan of
the Omaha Chamber of Commerce,
approving the plan to increaae the
number of dairy cows in the state.
The secretary is Interested in the
movement. His letter follows:
“I am in receipt of your letter of
January 28, requesting information
regarding the production of milk and
dairy products in the United States
for the year 1923, the average prices
of these products for the past five
years, and my opinion as to the like
lihood of the dairy Industry being
overdone in this country to the extent
that prices of dairy products may fall
to a point which would make dairy
ing unprofitable.
“Similar questions are coming to 11s
from many sections and you will
readily appreciate that It would be
extremely difficult to answer the last
question without knowing the full ex
tent to which the dairy Industry is
likely to be developed as the result of
pressure for Its development made by
such committees as yours.
"After reviewing the history of the
dairy industry in this country we
find that although prices have at
times been rather low we can hardly
say that the Industry at any time has
been overdone and too large a quan
tity of dairy products produced. - It
takes several years to greatly expand
the dairy Industry and farmers gen
erally. who have not had experience
in the dairy Industry, are not inclined
to rush madly into It as they are
into the production of some other
V lnds of agricultural products.
"I am enclosing herewith certain
data on the production of milk and
dairy products in the United States In
recent years, also on the average
prices of dairy products. I trust that
these will be of Interest and value to
your committee.
“During the year 1923 there was
Imported into the United States in the
form of various kinds of dairy pro
ducts the equivalent o? the milk pro
duction of 120,000 dairy cows, or ap
proximately 1-200 of the total pro
-—
duction of milk in the United States.
"Throughout the dairy world there
will no doubt be some expansion of
the dairy industry, but considering the
[act that practically one-fourth of the
dairy cows in the world are in the
United States, it is evident, that there
are possibilities of great expansion of
the consumption and use of dairy
products in countries outside of the
United States. Even in the United
States tiler* are possibilities of still
larger per capita consumption of
dairy products in our diet.
"I have indicated above that the
expansion of the dairy industry and
the production of dairy products can
not tie Increased so rapidly as some
other products, it requires years to
build up dairy herds, and if Nebraska
found it advantageous to purchase
cows'in other dairy sections in order
to develop dairying in the state, it
would merely mean that there would
he less cows in the states for the pro
duction of dairy products in which
these cows were purchased.
The tendency of fanners generally
to go Into the dairy business is a I
ways retarded because dairying is a
type of agriculture that requires at
tention at least twice a day through
out th» year and it is a type of
work that many people on fanns do
not greatly enjoy.
"In considering the possibilities of
expanding the dairy industry in Ne
braska It may be well to keep in mind
that in case there should be a stimu
lation of production beyond the de
mand at which reasonable prices can
he obtained, the success of the en
terprise will depend upon the ad
vantages in particular communities,
with respect to feed and pasture con
ditions, and also the efficiency of the
producing herds.
Dairying with low producing cows
Is unprofitable and should the dairy
industry he expanded and prices low
ered the farmer with low producing
cows would find his dairy operation
still less profitable.
"Hand in hand with any effort to
develop the dairy industry in Ne
bra ska there should go advice to the
furmers In regard to the importance
of good producing Individual cows
r.ml a system of crop and feM pro
duction as well as a system of mar
I Ming which will enable dairying to
be conducted on a profitable basis.
• HENRY C. WALLACE,
Milk Producers Form
Body at Martel, Neb.
Martel, Neb., Feb. 17— Meeting of
the recently organized Milk Producers
Marketing association was held at
Martel last Tuesday evening. About
7u farmers were present and formed a
local organization with Mr. Armand
as chairman.
Those present representing the
milk association were A. E. Baker,
president: J. L. Rigt-man, secretary.
A. A. Horn, Mr. Gray, Mr. Olmstead
and Mr. Armand, all members of the
board of directors. County Agent Pur
baugh anil II. M. Rink of the Ne
braska Farm bureau, also were pres
ent. Lunch was served by the women
at the close of the meeting.
Hank Clearings.
Punk Hearing* In the united Statruj
for the week ending February 14. a* re
ported by telegraph to Pradatreei'g .lour-,
nal. Sow York, aggregate $7,080,508,000.
a gain i»t $8,675,717.'. 00 b'.-t wf»k and
»«.««» Jio.non In Ui» week laat year. » »
nadlan He*. n«. aggregate »--';4,'J"
aa again-1 2J46 I13.O09 W week and
1196,497.OOf n tbia w*»*k la*f >**r y
lowing aia the r.mtna for thla week and
la,t' February 14 February 7
N.'*w York I3 9MO0O.0O0 |D. 1 fc-.'M"1 "
Chicago ".160 1 »•><> 579..
PhiiailelDhta ! 406.000.000 474 .
lm.on 26.',.11 on.Him 43».«.I . . . .
Pt-aburgh !!. 14n.ti03.oun 03.013
Mae:: >•.2.109.4,00 ;
St ],nut* .. 133.200,000 1 40,900.' " •
1 AnirblfiA .. 146,053.000 150,4bl.0' ■
Karma* 4'11 v a 114,299,000 115,304,0'*
iis.**i.ooo I1MM.;"
Cleveland . 91.4*9.non >J*.4^ „
Baltimore .... 29.i4.>.noo ,
WcmSSu" ••
£ ?'u' •.&*«
Ilk/H;:::: RBfcSg
Hearn? : 34 303.000 39.11 4.90-.
Milwaukee - .**,199.009 2f,!12'?j!!!
Portland. O. .. 3 3,9''.,, 000 34..46," ;
Hally* 34 2D'|.000 3 i.97b.000
P4''“ .; ";Ef«;il0O 26.717.
Lnulevllla 28.126.000 36.921.0oo
Ifnualon . 21.426.000 26.217.0
BlrnilnghB.il .. 27.767,090 36.69o.0 0
Oklahoma city 22.162.000 7,7'!-,’,,,,
Wemphlg . ... 241.292.ooo JJ.«»•«»''
Waah'lon. D. C 29.666.000 ;2.697,000
Indian.polla I».«55.nn0 }!•!?!•!!?,
Naahville . .. 16.69* 000 J7,646,00
Newark. N .1.. 13,732.000 }’•**????
K..rt Worth ... 1 1 1 67.000 }».}*».«0*
Saionnnh .. . 1 4.623,000 J*.6-3.00
Wr Paul 1D 790.000 15.131,000
< .akland 1 i ' .1 o." 0 l--;"?-?: |
frilumbiia 17.*97.000
Hall lake city 11.730.000 13.0S2.90°
P?ovld?me y 13.673.00 0 13.275.Oip
Ilea Mnlnea . 9.600.000 1«971 ■«»*
Rocheater .... 9.»7».nnn 13
\Vi» hitit 7 33D.000 *.2ls»,00O
iiaiveMnii .7.435.000 »•;*».»?»
\orfolk . 6 990.000 J 2'"! '
Sioux City _ 7.9*5.000 7.2 .«M
Spokane . 9 070,000 Jo.466,00"
St. Joeeph _ 6,947,090 MK«,S
Total .>7.060.511*.Don >*.6 73.717.000
_31
NASH
At the Show
j
I he Six-Cylinder
Roadster
We Offer
New Issue
* Tax Free in Nebraska
$300,000
Southern Nebraska Power Company
7% First Mortgage Gold Bonds
Dated January 1,1924. Due January 1, 1934.
Interest parable January 1st and Jnlj 1st at the Peters Trust Company, Omaha, Nebraska, Coupon bonds in de«
nominations of 91,000, 9.VMI and 9100 with prlrilege of reeislration as to principal. Redeemable on any Interest
payment date at 100 and interest until and inrliidiiiK IW27, the premium thereafter decreasing H% per
annum, the bonds being redeemable January 1st, 19X1, and thereafter at par and accrued Interest. The
Company agrees to pay Interest without deduction for the Normal f ederal Income Tax up to t'%.
Issuance authorized by Railway Commission of- tie State of Nebraska
Business
THE SOUTHERN NEBRASKA POWER COMPANY owns and operates a complete system for
the generation, transmission and distribution of electfic power and light. The electric current is
generated in three modern hydro electric plants located at Superior, Hebron and Oak, with auxili
ary steam and oil engine plants capable, if necessary, of carrying the entire load. The territory
■erred comprises a prosperous agricultural section in Nuckolls, Thayer, Fillmore, Clay and Web
ster Countiee, Nebraska, including twenty-six towns and a population of approximately 18,000.
Ownership
A majority of the ontst&nding stock of the company Is owned by the same interests which control
The United Power and Light Corporation (of Kansas), a power company largely hydro-electric,
with resources of approximately $10,000,000, serving 11C cities and towns in Central Kansas. This
common ownership makes available for the Southern Nebraska Power Company the engineering
skill and efficient management of the larger company.
Security
This issue of bonds will be secured, in the opinion of Counsel, by a direct first mortgage upon all
real estate, electrical machinery, and the entire transmission and distributing system of the Com
pany. The depreciated replacement value of the properties to be covered by this mortgage was
placed at $991,900 as of August 31st, 1923, in an appraisal made by Stone St Webster, Inc., using
costs as of November 1st, 1923. In tbe opinion of Counsel the franchise situation is satisfactory,
the franchises on the more important parts of the property extending well beyond the maturity of
this Issue.
Earnings of Properties Year Ending
1922 Nov. 30. 1923
Oroee Earnings.$117,833.76 $169,699.50
Operation, Taxes and Maintenance. 61,489.28 97,731.73
- *
Net Earnings...$ 56.344.48 $ 61,827.77
Annual Interest Charges (this issue). S 21.000.00
Balance for depreciation, dividends, etc. $ 40,827.77
NET EARNINGS NEARLY THREE TIMES ALL INTEREST CHARGES
Legality
All legal matters in connection with the issuance of these bonds, including franchises and titles,
have been passed upon by Chapman, Cutler and Parker. Chicago.
Appraisals Audits
Stone St Webster, Inc. Arthur Andersen St Co.
Bonds of the above issue are offered when, as and if issued and received by us. and subject to
the approval of proceedings by our Counsel.
Price Par and Interest Yielding 7%
Detailed Circular on Request
PETERS TRUST COMPANY
OMAHA
* atatrnienta contained herein me ba^d upon Information and ad\ «* wh -h h* I * e to be a.vurata a- 1 re' ab>,
• nd. whit* not auaranteed conatltuta tha data upon which we acted in the purchaaa of those atcurtt!**. '