The Des Moines Register from Des Moines, Iowa • Page 41

EIGHT COMMERCIAL Review of Iowa Business Commerce and Real Estate News SUNDAY, MAY 20, 1931. Ready 1 for Modern Home Show DUST DAMAGE Globe Firm Has Products in 27 Foreign Countries building loans 117 1 if rVS-ii fUf, II yrs yi Or f'T ih Report Made on Iowa Associations. The 74 building and loan asso ciations in Iowa have made ap proximately $800,000 in home loans during the last year, it was announced Saturday by Robert J. Richardson, president of the Fed eral Home Loan Bank of Den Moines. The outlook for the next year is bright for several reasons, Mr.

Richardson believes. "Seen Grealer Aid. An even preater contribution to the home financing needs of Iowa is anticipated by Mr. Richardson with the establishment of Federal Savings and Loan associations in counties not already served by the 74 home financing institutions, aided by the Federal Home JjOan Bank of Des Moines. "The" proposed federal insurance legislation wherein the government stands ready to put in $3 to every $1 by the community will stimulate home financing and attract new money from the Mr.

Richardson said. "One-Family Home." "Reports from building and loan association managers indi cate the one-family home is en Joying great favor In the market for homes, as compared with mul ti-famlly dwellings. "Associations reporting their recent loaning operations allocat ed 11 per cent of the volume of financing to construction and modernization loans, while 14 per cent were for the purchase of homes by families desiring to take advantage of the rapidly disappearing bargain properties," Mr. Richardson said. ASKS BUILDERS IH fii 'l-rnr MWH 1 NEW FIRM SET FOR PRODUCTION Gisin System to-.

Use 25 Employes. -A new Des Moines concern, the Gisin system, has completed installation of manufacturing equipment in its plant at 621 Sixty-third and samples are now being made, it was announced Saturday by Charles Gisin, president. Actual production, with 25 employes, will be under way June 1, according to Mr. Gisin. Rotary Electric Dugs.

The firm at present is equipped to manufacture rotary electric plugs, roller window screens and collapsible clothes racks. Lathes, drill presses and die stamping machines are in operation at the plant which was formerly the Valley Manufacturing Co. building. A minimum production of 3,000 electric plugs a day Is planned at first. Orders already are on hand in large volume, according to Mr.

Gisin. Incorporated for $100,000. The company, which was incor porated for $100,000 last year, occupies 4,600 square feet of floor space. Popcorn machines former ly were manufactured at the plant. J.

O. Nelson, secretary of the nrm, formerly was secretary- treasurer of the Leland Co-opera tive bank. Edgar Lehmkuhl, treasurer, is cashier of the Fair banks State bank. Stonehill Creamery Opens Office Here Neal Stonehill, of the Stonehill Creamery Cleveland, Ohio. has established western headquar ters in Des Moines.

The firm buys the output of ap proximately 15 Iowa creameries and operates its own truck line to Cleveland. Realtors to Attend Annual' Convention Approximately 30 Des Moines realtors are planning to attend the convention of the National Assoc! ation of Real Estate Boards at Minneapolis, Minn. June 25 to 30. Convention subjects will Include legislation, codes and mortgage conditions. BITS DRI'C FIRM.

The Reaister'a Iowa News Service MONTEZUMA, IA. William O. Handschin of 111., has purchased the Montezuma Drug NOTINSURES No Provision for Ris, in resent Policies. Damage caused by recent dyj storms -in Iowa have resulted i no Insurance claims being aj, lowed, It was reported Saturday by T. J.

Hession, manager of Western Adjustment and Insr tion Co. "Undoubtedly the dust cause! considerable damage, but wind, storm policies carry no provision, for this type of risk. Therefoi, no claims are made," Mr. Hessioa explained. See Future Policy.

"Some day policies may written to cover this compara. tively new risk. Ordinarily, how. ever, the damage from dust It not permanent," he said. "One of the first severe dust storms in Iowa was just eight years ajfo.

The opening Western league baseball game was tost. poned on account of it," he said. Tells of Paint Damage. "One justifiable claim, if the risk had been covered in the poj. icy, occurred some time ago.

man's house had just been painted when a high wind ruined the coat of paint by covering it with dust It was necessary to repaint the home, but the claim under a windstorm policy could not be j. lowed," according to Mr. Hession, "Of course if the wind wrecks a portion of the property and dust contributes to the damage, the claim would be allowed for the general wind damage," he ex. plained. MOTORS FIRM SETS EXHIBIT Autos, Refrigerators to Be Shown June 2 to 9.

The General Motors products exhibition, to be held at the Coli seum June 2 to 9, is one of AO similar exhibits staged in the key cities of the United States at the same time, it was announced Saturday by Tom F. Brown, chair man. The exhibits will Include Cadil lac, LaSalle, Bulck, Oldsmobile, Pontlac and Chevrolet cars, Frig- idaire products, Delco appliances and United Motors Service acce sories, as well as trucks. Special decorations will be in early summer spirit and ths Carlos Molina orchestra of Chi- cago, will provide musu throughout the show. Prizes will be given away.

Workmen placing one of the show, sponsored by The Register The show will open Monday. MODERN HOME EXHIBITS HERE House, Garden Among Displays This Week. A little brown house and garden prepared by the Des Moines Garden club will feature exhibits at the Modern Home show in the Oransky building, 316 Eighth which opens Monday noon for one week. The show Is sponsored by The Register and Tribune in co-operation with President Roosevelt's Globe Supply Firm Sends Products to 27 Nations exhibits for the Modern Home and Tribune, at 816 Eighth st. IOWA VENDOR MEN TO MEET Stabilization of Business, Session Object.

Invitations have been sent to 275 Iowa vending machine operators to meet at Hotel Chamberlain next Saturday night to form a state association, it was announced Saturday by C. H. Robinson of Des Moines. Stabilization of the vending machine business to curtail "cutthroat business operations" will be one of the functions of the organization, according to Mr. Robinson.

Reports Sales Gain Sales of tractors, road equipment and replacement parts since June 1 have been three times as great as for the same period last year, it was reported Saturday by the Haight Tractor Equipment i0, 1 Chamberlain Beauty Shop to Open Monday Carrie King and Gail Ver Duft, associated with a downtown beauty shop the last six years, will open the Chamberlain- Beauty shop at Hotel Chamberlain AW w-in. M. Firm Specializes new housing program, Introduced' in congress last week. There williHaight Tractor Firm w.4Co., formerly operated by, E. (Pqmioki Fletcher.

DlDVDlt UEAH- J. J. Hughes, general agent of the Nojhwestern Mutual Life Insurance Milwaukee, reports a 101 per cent increase in paid for business to date in 1934 as compared to the same period last year. College girls spend approximately $12 a year for hose, a survey by Ma V'efCV ax a. HJiV dPPartment ofing the first four months of this commerce reveals.

Views at the Glube Machinery and Supply Co. plant, E. Second st. and Court show, (1) Wilbur Jones operating "bulldozer" machine making jack for knrc-actlon autos on hoists, (2) K. B.

Thompson, factory superintendent, preparing hoist for tenting, (8) Lester Blackford welding a bolster, (4) machine punching holes in hoist runway, (5) L. P. Bre-desky honing indlse of hoist rvllnder. IOWA CONTRACTS 25 Contractors File Project Plans. Twenty-five Iowa construction contracts totaling $293,572 were filed last week at the office of the Iowa contractors code authority.

Following are contracts filed, with the name of contractor, project, and amount involved: Bender St Brown, Independence. S'and- ard Oil Co. station In Davenport, E. B. ensile.

Marlon. Methodist church at Mechanicsville. Krpulr Waterloo Y. M. C.

A. Curna Construction Co. Waterloo, re- pans on V. M. C.

A. at Waterloo. $2 430 Hammetter Sumner, srhool in LdtKoy township. Hremce ootintyi $.447,... Liximis Hrolhers.

Cedar Rapids, warehouse for Quaker Oata Cedar Bap- Uia, rlhuf Neumanif rvnlti, perlor Oil Co. tiatlon at Fourteenth si ant Keosauqtia way. $2,400. Prlester Construction Davenport, addition to B. A.

Spaeth residence, $2,000. William Prlene, Waterloo, residence and Karate lor C. Bowlaby. Waterloo, 7.lliKt. W.

1. Rmucker. Waterloo, resldenca for Arthur Wei.o, Waterloo, $.1,000. John Ahramson Pn Des Moines, gradinit In Davis county, $2,170. vv.

A. Burton. Waterloo, road work In Benton and Tama counties. $16,400. Pooth A Olson.

Sious City, excavation in Floyd, county. $28,874. Rhplby Excavation. Oeorcn Condon Omaha, excavation In fchelhy county, $6 9rt. Klarion and Elliott.

Btissev. arsdina In Clarke and liecatur counties, $4.7:10. J. v. Mbert.

AiKona, road worK In Koi-aulh county. $4. 027. Mark Etsrheld, New Hampton, road work, Allamakee county, E. A.

Kramme Des Momea, Woodbury county bridge work A. A. Meltler. Alcona culverts In Cerrn Qordo counly, narry r.oei, r-eierson. nrioga and culverts In Plymouth county.

$22. l. A. Olson Construction Waterloo. overhead crossinit, Keokuk counly, $21 827.

Harsent and Koth, Keystone, RradlnR In Decatur counly, $12.72. J. W. Hcnthorn and Son. Cherokee, grad-lnr In Buena Vista county.

Forrest L. Warner. Newton. Jasper coun ty aradinR. $3.1.

F.lmer Kenor, Terrll, Emmet county radm, $8 A(i Brennan Brothers, Lansing, culverts and aridge In Allamakee county. J25.SJ5. RAIL CROSSING WORK TO START Euclid Ave. Underpass to Require 50 Men. Work on the $20,000 underpass for hifihway 0 on ISuclld ave.

un der the Chicago Great Western railroad tracks will start in about a week, it was announced Saturday by the Koss Construction holder of the contract. A timber trestle is now being installed by the railroad to sup port the tracks while the under pass is built. Excavation for the highway is being done by the Bemis 4 Schlick Des Moines. The underpass will consist of a steel plate girder on concrete abutments. Approximately 50 men will be employed by the Koss firm.

75 ARE ADDED TO RISK FIRM Central Life Assurance Society Reports Business Gain. Seventy-five full-time employes have been added to the home office staff of the Central Life Assurance society during the last six months, George N. Ayres, president, said Saturday. A substantial upswing in busi- ness and recent purchase of the Illinois Life Insurance Co. of Chicago, 111., made necessary the increase, Mr.

Ayres said. Of the new employes, 20 formerly were associated with the Illinois Life firm. The Central Life In this period also has taken over 7,500 square feet additional space. mi 613 East Walnut St Des Moines, Iowa H5Y II i I I II be 30 exhibits. Outdoor Living Room.

The brown house will furnish an example of a homey outdoor living room, with growing flowers, shrubs, lawn and garden. Exhibits include modern bath rooms, latest designs in windows, insulating materials, decorating and landscaping plans, air condi tioning, heating and cooling equip racm aim rcirigerauun. Modern Kitchen. Of particular interest to women will be new arrangements of kitchens, lighting and labor sav ing devices and facilities for keeping homes cleaner. A special invitation for Monday and Tuesday hRS been extended to all women's clubs.

Mayor Lewis will open the show officially Monday noon. Doors will be open from noon to 9 p. m. daily. There will be no admission charge.

REALTY DEALS SHOW BIG GAIN Polk Transactions 50 Pet. Higher This Year. A 50 per cent increase in Polk county real estate transfers dur- LVfiti Ha amiiai. me same periuu vear was reported Saturday by Mrs. J.

Schonneman, secretary of the Des Moines Real Estate Board. There were 1,995 transfers in the period this year as compared with 1,333 the first four months of 1933. This was described by realtors as an Indication that investors are anxious to take advantage of the real estate bargains still available and that increasing resources are being put to use. Davis to Open Motor Terminal in Omaha Charles H. Davis, night cafe manager the last IS months, will open a motor terminal in Omaha, late this month.

Davis will operate trucks In Iowa, Illinois, Nebraska, Wisconsin, Minnesota and Missouri, he said- Midway Novelty Firm Opened by Barsettis F. Barsettl and his father, Vic, have opened a wholesale store and factory, the Midway Art and Novelty at 322 E. Fifth st. The firm will manufacture and distribute plastic statuary. They employ seven.

KIGDO.V APPOINTED. NASHUA, IA. Neal Rigdon, formerly of Waterloo, has been appointed to succeed Harry Gogg as manager of Diamond Brothers store here. Gogg has resigned to accept a position with Ruggles and Trusty. Yes, they may look and feel and "walk" like leather-soled ones.

BUT like "partial coverage" auto insurance, they give out oftenest just when you need protection. FULL PROTECTION AUTO INSURANCE When you are insured under a non-assessable Employers Mutual policy you can drive with confidence that no "joker" clauses will turn up when you really need your insurance confident that your company has the money to pay claims tomorrow as well as yesterday. Employers Mutual is Iowa's largest and strongest casualty company with assets of over $1,000,000. Sp your liicnl Rmiilns-er Mulunl nurnt Aak nbont nnr V.ny rnymeiit I'lnn Valley Bank Building, Des Moines garages for raising automobiles to facilitate lubrication and scrvlcs work. In the spring of 1929 the company built a factory at E.

Second St. and Court devoted to manufacture of hoists. In 1931 a second plant was erected at Philadelphia, Penn. Distributors Total 400. During recent years the company has invaded the field of Industrial lifting equipment and units now are in tire, iron and steel plants, bakeries, dairies, box and crate manufacturers, and telephone and railway companies.

Their" equipment "fs "sol the domestic fiicld by 30 territorial representatives and, with exception of large national accounts, is sold exclusively through wholesale distributors. More than 400 distributors now represent the company. Device Shakes Auto. A device for shaking an automobile on a hoist in such a way as to simulate road usage during lubrication now is manufactured, as well as a patented water heating coil for installation in furnaces. Officers are D.

H. Buxton, board chairman; Fred W. Swan-son, president and general manager; H. A. Bruner, secretary-treasurer; and F.

S. Harsh-barger, vice president. All except Mr. Harshbarger, Philadelphia, are of Des Moines. Eighty-five people are employed In the Des Moines office and factory.

The office is at 205 Court ave. This Week In Des Moines i.t'Nciir.ov cubs. rimfnlltnn Monday at Hotel Fort Klnanh Monday at Hnlfl Fort Da Moines, for international president. Cnmtmi Mondav at Younkers tearoom SnenKer, P. F.

Hopktni, Iowa PWA, n-Rineer. Blue Cooiw Monday at Hotel Chamberlain. Advrrtl.ini Tueertay at Hotel Fort Dei Momea. n-iinrtl Tueiday at Hotel Fort Dee Nome. Serlee Tueda at Hotel chamherlain.

I.aat lira Mntnei Tuesday In Capital City hank hutldina. Hlih Twelve Wednesday In Hotel Fort Des lions Thursday at Younkers tearoom. HonJIori Thursday In Younkere tea room. KnUry Thund at Hotel Fort De Moines. Junior Chamber at Commerce Thurt rinv ni Hnlsl fiverv.

Fuerullvei Friday at Hotel Fort Dea Moines. lOMMr.lU IAI. MEETIMl. Bints Hrewlnt Co. Sunday at Hotel saverv.

Mlra llriisl Co. Monday at Hotel Kirk WO.nl. lies Molnra Printer association Mon-dav at Klrkw.mil. 4). V.

Hlack Denial society Monday at Hotel Kaviry. Mtinitiiv rluh Monday at Hotel gavery. Itrs Molnr rUron lirerdert association Monday at llolel nayery. lies Mnlnrs oil men Monday at Hotel rort nea Moines. ille Interstate (ill Co.

Monday at Holi'l Fort lies Moines. Skrllaaa Co. Tuesday at Hotel Kork New sock I.Ira Co. Tuesday at Hotel ort les Moines. I anwrnn Mliriflral ftMrlaltV fO.

Wednesday and Thuraday at Hotel Fort Des Moines. Photo r.ntrnvera association Wednesday ai Hotel rhambertnin. I emrfll western rems cxrnana at Motel Mrawio a( HM Kofi PS MfinM Miiu Manaei-rs association Saturday at Hotel rnamheriain. tending Machine association Saturday I 7.hBmK.lin OTHER MEETINGS. Iowa Pndlatrlata association Sunday at Hotel Savory.

Farmers Holiday assoc tattoo Monday at Hotel savery. Dan Turner rally Wednesday at Hotel flsvcrv Biological Research club Wednesday at MetlKKilst aiamni waaneaoay at now Fort les Moines. Caiilinllan club Wednesday at Hotel Vn. Mill colleno Wednesday at Hot! Fort oes Moines. Osteopath association Thursday at ll.tal i-hamhrlhtn Chamber ommerco womeaj Thurs day at Hotel Mverv.

Polk lounty Retails Itrnatlstt Thuri dsv st Hotsl Krt ls Moines. Barristers Krlday at Hotel Klrkwood. Knrtim Frotav St Hotel Bsverv. International ainaei Frida 1 Hots! in iVlanuiacture of Hoists. This ia the eleventh of a series of stories on Des Moines business and industrial firms.

The Globe Machinery Supply Des Moines, manufacturers of lifting equipment, has 20,000 units in operation and recently has made shipments to 27 foreign countries. The firm was established in 1893 by D. H. Buxton as1 wholesale distributing house of mill, mine and factory- supplies-. In the last 20 years, in addition to Its distributing activities, the firm has manufactured tractors, dumps, boilers, hoists and other equipment.

Business Gain. Firm executives report business is running about 300 per cent ahead of a year ago and that they are optimistic regarding prospects. This is attributed to greater confidence among buyers, as well as the stabilizing influence brought about by the Blgnlng of the petroleum code, automobile specialty equipment code, and other trade agreements affecting the industry. Auto Hoists Made. In 1919 the concern began making truck and wagon dumps for grain elevators.

In 1928 the exclusive and patented principle of the dump was incorporated in Bn auto hoist to be installed in oil stations and ROAD ORDERS 500 BOXCARS Steel Equipment Will Cost $1,200,000. The Chicago Great Western railroad has placed an order for 500 new, all steel boxcars with the Pullman Car Manufacturing Pullman, ,111., according to Patrick H. Joyce, road presl- The steel cars will cost $1, 200,000 and are to be paid for with money borrowed from the public works administration, it was announced. They are 3,500 to 4,000 pounds lighter than the older type of cars they will re place. Since 1D28.

the road has dis mantled 7,402 units of obsolete equipment. Approximately 65 per cent of the freight equipment Is now only five years old. The rest Is around 10 years. Plans now call for disposal of all old Style freight car equip ment on the road by 1935. The new equipment will provide econ omies in nnuukuuatiuo nuu in a uiuiiiiiuiu v.

rtaa stated. Polk County Druggists Will Meet Thursday The annual dinner and meeting of the Polk County Druggists as sociation will be held at Hotel Fort Des Moines Thursday night, it was announced Saturday bv Carl Sheark, president. Election of officers will take place and an advertising prorram will be discussed. Approximately 100 druggist and their wivea are Mann Urges Men Ee Taken From Re-employment List Better co-operation by contractors in selection of men from Iowa re-employment office lists was urged Saturday by Fv H. Mann, construction engineer for the state highway commission.

"Offices of the national reemployment service have made every possible effort to supply capable men," he said. "It isn't always possible to sup ply skilled men at the exact hour the contractor needs them. But at least the Contractor should co-operate in every way. Those who fail to do io may not have any future contracts upon which it will be necessary to co-operate," according to Mr. Mann.

CLAIMS STATE TAXES ITSELF Crowley Declares Sales Levy j-t Boosts Highway Bids. I Charges that the state is taxing Itself in effect under a sales tax ruling by the state tax board were made Saturday by VV. Crowley contractors association secretary. Where contracts are let for installation of public projects, the contractor is considered the ultimate consumer and is required to pay a sales tax on materials purchased, according; to the ruling. Mr.

Crowley contends contractors are not the "ultimate consumers" of the highways, and that the ruling will result in a 2 per cent increase in bids for contracts to be paid for by the state. CREDIT FIRM REPORTS GAIN Cash Payments, Sale of Goods Increased. A 25 per cent increase in amount of cash received and number of payments made in the collection department of the Credit Refer ence and Reporting Co. was re ported Saturday by Raymond Hal stead. Similarly, Des Moines firms re port a 5 to 10 per cent gain re cently in payments on goods sold on credit.

"This is particularly significant." Halstead said, "because of the Ijeneflcial effect on the turnover of Stocks." A recent survey of credit ratings for persons in various occupations showed office employes to have the highest ratings. STORM RISK RATE LOWER Contents Levy Reduced to 17 Cents in Some Croups. Slightly reduced rates on wiad-- Storm insurance recently became 'Sffective in Iowa. Ths rate for buildings or con tents formerly was la cents per 100. The contents rate has been to 17 cents under the new 'schedule on some classmeauons.

Since 192V windstorm Insurance rates have included ball cov rsgs. BREWING DATE RET. (Tha Baglattri lows ttrtn turia ttri.tnotoN.! IA. Incorpora- nmnosed new brewery law haw at Sept. 1 the mOYERSMTUAL A government survey of past due consumer debts is under way.

It will show the number and amount of accounts outstanding six months or more and the proportion the creditor expects to collect. Oreen documents, bearing the blue eagle emblem of NRA, are beginning to show on Iowa construction Jobs. A letting for construction of a municipal light and power plant at Corning, is scheduled for June 12. ProRpoutions against contractor code violators have been launched in three states. Actions are pending in 15 other states.

The new plant of the Des Moines Pure Water at 2431 Dean is nearly completed. Housewives favor government grading and supervision of canned commodities similar to federal meat inspection and stamping, according to a retail grocers survey. Walter L. Humes, counsel for the Phillips retroleum Co. in the six-state area, has moved his office from the firm's Des Moines headquarters.

920 Murphy to room 1201, Register and Tribune building. Ninety-nine new automobiles and 16 new trucks were sold in Polk county last week compared to 91 cars and 19 trucks in the previous week. W. J. Miller, formerly of the Securities building, has opened a 'real estate office at room 107, Old Make Your Own Weather.

Keep your home or place of business healthy with clean washed air retaining proper temperature and humidity. Enlist the sen-ices of one of these expert air conditioning firms Green Foundry and Furnace orks 3d and Elm St. H. A. Mueller 828 College Ave.

C. L. Perclval Co. 11th and Cherry Sts. Des Moines Ice Fuel 100 Maple St Ilitrska anil tanks.

KM Wf II mini ranlnmrnl. Iant- jl'JT' avaBiiapaBWwaaaajaHaHaaaavai II ma. fra. rm JC i TT'sT-l I II ITT1 rTITT IT J'iTl llmarMiw sMokkarctea I U'J A I I. M'l ErXflC 1 Ati em i t- I 'r1'-11 INI vX I mve nk vm I Advertising today in Register and Tribune Want Ads -j m.

I HUIH COMMISSION ClkslrsKt. ttnUtrr trt producUon jeapected. Sjiwy,.