51 Lroix s
i
i
-e, e
76TH YEAR.
CHiCISTIANSTED.
V.l. U. BA.
THURSDAY
3rp
TEDRIARY
1921.
largei¥®
to
things
of
immediate
need.
Colicerions
are
naturally
slow
under
these
conditions.
Merechants
ave
revis-
ing Adrastically
their
credit
systems
un-
der
the stress
of necessity
and
in
many
cases
the
retailers
in
the
coun:ry
dis-
striets
are
confining
themselves
strictly
1o cash
transactions.
There
a“e
some
bright spots,
the dairy
industry being
one
of
them.
Costs
of
operation and
production
have
declired
because
of
the
great drop in
feed,
but
the cost
ui products
remains
high.
This
applies equally
to
the poultry
industry.
There
are
also
a
number
of
sect:ons
where
early
fruits
and
vegetables
breught
good prices
and
this is true
like-
wise
»f sugar
beets
throughout
the Mid-
dle West
and
the
plateau
and
mountain
states
The
cicrus
industry
is
generally
in
good shape.
Such
fruits and
vegetables
as have
not
been
already
marketed
are
likewise
feeling the
effect
of the
gener-
al drop in prices.
:
The
volume
of
trade
in
the
agricul-
tural
sections
naturally
ieels
the- ef-
fect
of
the
general
extremely
conser-
vative
buying
of
both
merchant
and
farmers.
The
general
thought
is
that
the winter months
will be
quiet though
a
small
minority
expect
the
situa-
tion
to
improve
after
the
first
of
the
year.
A much
larger
majoriry
believe
that
as
the
spring
cpens
there
will
be
an
appreciable
change
for
the
better.
There
are
others.
more
particularly
in
the cotton
sections,
who
feels
that the
first six months
of
the
year
will
show
a continuous
monotony
of dull
business
The
oil business
is
almost
everywhere
good,
though
it
is
largely
a
thing
of
pump
ng and production
rather
than
of
exploitation and drilling.
Coal mining is the only bright
spot
in
the
mining
situation,
sitce
practically
every other form of mining is
restricted
by low prices
of
ore
and
a
greatly
re-
duced
demand.
There
is little or
no gdemand
for
lum-
ber,
even_ at prevailing low prices.
There
is
an
undertone
of
belief
everywhere,
however,
of a revival in general
business
in the early spring with the prices of ma-
terials
lower,
labor
more
reliable
and
stabilized,
and
that
thus
the
great
ne-
cessity
for housing
will find expression
in
such
building
as
eannoi
be
longer
deferred.
The
strong
probability
of
cheaper
money
at
that
time adds
much
to the
probability
c¢f
increased
activity
in construction.
The most
encouraging
feature
of the
{
THE ST.
CROIX AVIS
|
is printed
and published
daily (Sundays
|
and Holidays excepted)
by
G.
Johansen
|
at the Avis Office.
|
TERMS---50
cents monthly in advance.
|
2 cents
per single
copy.
|
antered
as
second-class
matter
May
|
26th
1917 at
the Post
Office
at Christian
|
ated,
St. Croix, V. I. of the
U.
S. A..
un
|
der the Act of varch
8.
1879.
|
Contributior.
to this paper will 2 glad-
|
ly received
when the same
deals wich mat-
|
ters of general
interest,
and is accompa-
I
nied with
the
author’s
nmame,
as a quar-
|
antee of good faith.
The editor cannot
be
|
responsible for the views of his correspon-
|
dents nor does he necessarily
endorsethem
|
|
|
FAKRMERS FACING SERICUS LOSSES
|
NO
MARKET
EVEN
AT
LOW
PRICES
FOR
|
SOME
PRODUCTS.
1
Dairy
and
Citrus
Industries
Are Pros-
’
pering—lUJ.
S.
Chamber
of
Commerce
h
fxpects
General Trade
to
Remain Quiet
‘
Until Spring.
|
A
review
of
crops
and
general
con-
ditions,
as
of
December
11th
1920
has
been
made
public
by
the
Chamber
of
Commerce
of the United States of Ameri-
ca at its head
quarters
office,
Washing-
ton, D L.
The
review
pictures
the
farmer
as
having
bought
supplies
at
the
peak of
high prices
last spring and is confronted
now with
sericus
price
declines
in
his
own unsold products.
There
is
practically
no
market
what-
soever,
even
at
record
breaking
low
prices
for tobacco,
rice,
peanuts,
low
|
grade
middling
cotton
and
feed
for
|
live stock.
The
sheep
industry
suffers
|
along with the rest
because
of
the scant
!
demand
for
sheep
and
practically
no
|
demand
for weol
even
at
prevaling
low
prices,
for there
is a
very
large
surplus
of wonl in sight at present.
The
farmer
is
particularly
short
of
|
funds
since
he
has
marketed
so small
'
a portion of his
crop,
and
as
the coun-
|
try banks
are
already
loaned
up
to
|
their limit 4t s
difficult,
in fact
almost
impossible,
for
the
merchants
and
the
|
farmers
to obtain
any further credit.
l
Many of
the
merchants
are
engaged
‘
in collecting
the
bills
due
rather
than
incfiring
new
commitments,
and
con-
!
sequently
their
buying
is
confined,
af-
ter
the
example
set
by
the
farmer,
'
No.
£7.
situation
is
the
entire
absence
of
any
apprehznsion
of
a
money
panic.
Mer-
chandise
stocks
in the
hands
of retailers
vary from light
to
normal,
mostly
nor-
mal,
but
few
heavy
overstocks.
But
even
on the b
s’'s of much
reduced
buy-
ing
the
general
stocks
of
merchs ndise
are
not unduly
large.—Journal
of
Com-
merce.
.
Publicats
üblication.
T
is
hereby
brought
to
public
notice
that
Income
Tax
return
forms
may
be
obtained
at the
Office of the
Des-
patching
Secretary
for
the
town
and
country
district of
Christiarnsted
and
at
the
Office of the Police Judge,
Fred-rik-
sted for the
town and country
district of
Frederiksted.
Special
atiention
is
in-
vited to the following requirements
con-
cerning Income
Tax
:
'
A return is
required
of
each
and
ev-
ery person
(including corporations)
hav-
ing
a
total
(gross)
Income
of
Krancs
4,500.00,
or over.
.
Non residenis
(including
non-resident
corporations)
are
not
entitled
to
the
exemption of Franes
4,500.00.
Income
Tax
Returns
must
be
filed, at
the
Despatching
Secretary’s
Office,
on
or
before
March
31,
after
which
date
Income
Tax
Returns
wiil
be
received
only by
the Cowurt.
For failure
to
make
returii
on
or
be-
fore
Mareh
31,
any
person
(including
corporations)
required
to
do
so
by
the
terms
of the
Ordinance
shall
be
liable
to
a
penalty
of
not
less
thar
Francs
100.00
nor
more
than
Franes
5,000.00.
Government
of the Virgin
Islands
of
the
United
States,
St.
Croix,
January
29,
192]
C. V. Ux,
Despatching
Secretary.
For Sale.
THE
Estates
Lt. Princess,
Golden
Rock,
Bellevue,
Mt.
Welcome
and Eliza’s Retreat.
For particulars
apply to
EM. E. SV.TZER.
Lt. Princess,
20th January
1921.