Word: wheats
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Dates: during 1920-1929
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Reports from the West confirmed earlier predictions of the far-reaching effects of the recent rise in wheat prices. Through most of the wheat belt, the current crop is in good condition, while the marketing of Winter wheat at high prices is proceeding briskly...
Sales of mail order houses to farmers have experienced a considerable increase, and now reports are that agricultural sections are beginning to purchase binders, weeders and other farm implements. On the other hand, the wheat farmer's hard experience since 1920 has restrained and will restrain him from land speculation, and the purchasing of more luxuries. Western bankers doubt that even a continuance of the present prosperity of the wheat belt would insure a complete cleaning up of old debts, yet the retirement of a greater part of them this year is confidently predicted...
...wheat crop promises to run some 131,000,000 bushels under that of last year, and to result in a national shortage. The Kansas territory this year is particularly in luck, as its crop will probably yield 86,000,000 bushels more than...
Throughout these states there were more banks per capita in 1921 than anywhere else in the country-a result of War-time prosperity on the wheat farms. Particularly under state laws, charters were issued entirely too readily. Compared with one bank to every 9,920 people in New York State and to every 6,660 people in the eastern states as a whole, Montana had a bank for every 1,370 inhabitants, South Dakota one to every 921, and North Dakota one to every 768. The capitalization of these mushroom northwestern banks was also very small. South Dakota...
...effect of better grain prices should be seen in the repayment by the farmer of bank loans and taxes which have troubled him. Moreover, in this Presidential year, it presages well for the candidacy of Mr. Coolidge and badly for Mr. La Follette. The increased cheerfulness produced in the "wheat belt" by rising prices is now beginning to be rivaled by the optimism of the even longer "corn belt." Moreover, the rise comes at just the time of year when the farmer can most easily profit by it himself...