Globe-Gazette from Mason City, Iowa on March 3, 1937 · Page 25
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Globe-Gazette from Mason City, Iowa · Page 25

Mason City, Iowa
Issue Date:
Wednesday, March 3, 1937
Page 25
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MASON CITY GLOBE-GAZETTE ELEVEN Corporate Holdings One-Ninth Corporations O w n 11.2 Per Cent of Farm Land in State. A M E S -- Iowa farm land equivalent to the urea of 11 average size counties of the 99 in the state was owned by corporations in January, 1937, a survey just completed by William G. Murray, associate professor of agricultural economics at Iowa State college, shows. Tlie land owned by corporations amounted to 11.2 per cent of the total form land in the state. A similar survey for January, 1935, showed 10.1 per cent owned by corporations, and on efor September, 1933, showed 7.9 per cent in this classification. "Although corporate land holdings have increased during the past two year's by an amount equal to slightly more than 1 per cent of the state's farm area," Professor Murray commented in explaining the Sale Dates Claimed Notice: A lisl of Sale Dales Claimed will be printed each Wednesday on (lie Farm Page..There is no charge for this service, and you arc invited to make use of if. Just mail the date of your sale, the time and place, and your name to the Globe-Gazette, attention J. B. Seaton, Mason City, la. IMTarch ·!--1 P- m. Charles Nelson estate, closing: out sale, ··', mile south of Bayside, 3'/4 miles southwest of Clear Lake. Sale was scheduled for Feb. 24, but postponed. B. A. Rcemt- sma, Aucl. niarch -t--1 P. m.--Ben Bakkci), 1'uhlic Sale, V/miles west of North wood and 2 miles north. Carl M. Slieimo, Auct. March 4--Whrnclm Sales Pavilion, Webster City, Horse and Mule Sale. March 5--1 p. m.--IT. O. Domholdt Fnlilic Sale, 1 mile cast and" S'/i miles north of Hanlonlown, 4 miles south of Tenold Store. Carl i\r. Slieimo, Auct. March 5--12:30 p. m.--Ka- nawha Sales Pavilion, Market Day Sale, Kanawha, Iowa. H. Brummund, auctioneer and manager. March 5--12:30 p.-m.--Clear Lake Auction Co., Livestock auction, sales pavilion, Clear Lake. March G--1 p. m.--M. O- Oswald Public Sale, 2 miles west and 1 mile north of Hanlontown. Carl M. Shcimo, Auct. March G--Theo. T. Moen Horse Sale, I'/i miles cast of Bricelyn, Minn. March G--Whrhcim Sales Pavilion, Webster City, Market Day Sale. March G--1 p. m.--Marvel Sales Co.', livestock auction, Webster City, Iowa. March 9--1 p. m.--Marvel Sales Co., Horse and Mule auction, Webster City, la. March 10--Whrhcim Sales Pavilion, Webster Cily, Market Day Sale. March 10--11 a. m.--W. 3. Murphy Sates Corp., livestock sale, Charles City, Iowa. March 10--11:30 a. m.-- Lund Sales stables. Horse sale, on highway No. 18, just east of Mason City. March 10--1 p. m.--Marvel Sales Co., Livestock Auction, Webster City, Towa. March 11--11:30 a. m.-- Lund Sales Stables, cattle, hogs and sheep sale on highway No. 18, just east of Mason Cily. March 11--12 a. m.--Garner Sales Co., Inc., sales pavilion at highways No. 18 and 69. ui'vey, "this increase has not een nearly so large as that in. le previous two years. This iggests the probability that the p in corporate acreage has een reached." Total 2,688,000 Acres. Corporate-owned land in Iowa i September, 1833, totaled (588,000 acres, "or 7.9 per cent f the farm land in the state; in ·muary, 1935, 3,431,000 acres, r 10.1 per cent; in January, 037, 3,810,000 acres, or 11.2 er tent. Insurance companies outrank II other corporations in hold- igs of farm land. Their he beginning of the year mounted to more than 7 per ent of the farm land in the ate. All other corporations to- ether accounted for nearly 4 cr cent, or only slightly more han one-half of the insurance ompany total. Next in order are banks, in- luding closed banks, with about per cent of farm land in the .ate. In this group also are in- luded trustees who hold land or open banks and for banks ir. receivership. Land, investment and mortgage companies hold slightly less than 1 per cent, nnd they are followed in order by joint slock land banks, the iFederal Land Bank of Omaha and miscellaneous corporations. Increase in Farms. "The most significant change in corporate holdings during the past two years," Professor Murray points out, "has been the large increase in farms acquired by insurance companies. In this period nearly 500,000 acres have been added to the insurance company inventory, an area approximating 1.5 per cent o the state's farm area, or equal to 3,000 average sized farms. The Federal Land Bank of Omaha is the only other important agency registering an increase, its fotal rising from 129,000 acres to 190,000 acres." An index of bank liquidation of land is furnished by the decline in the land holdings "of banks, he said. "In the last two years a net reduction in bank holdings amounting to more than 100,000 acres has taken place through sales and other means of disposition. Joint stock land banks us well as other corporate agencies not specifically mentioned acquired about the same amount of land as they sold." INVENTORY TIME "A farm inventory not only shows your investment in equipment but makes it possible to discover any broken or worn, parts which should he replaced," says C. E. Withers, New Mexico State college. ' \VKAPS Ears of corn are being grown under bags of colored c llophane at the Connecticut Agricultural college. The object is to discover what wave length of light produces the sun-red element in certain kinds of corn. WHERE FRIENDS MEET AND TREAT JACK'S PLAC 18 South Delaware Mr. and Mrs. Buy Nationally Known Equipment and Supplies IN OUR FARM DEPARTMENT The VEGA CREAM SEPARATOR Will Answer Your Every Requirement IF YOU DESIRE THESE ESSENTIALS! · Close Skimming 9 Easy Turning · Easy to Wash · Fewer parrs to wear out A 1,000-lb. ELECTRIC A. C. DRIVE $132.50 · Only 28 Discs in a 1,000-lb. machine Ask About Our Liberal Trade-in Allowance. Also Terms The BOYT Air-Cushioned COLLAR $4.75 up Be kind to your horse-give collar comfort. HARNESS and ACCESSORIES See These in Our Farm Department The HUDSON BROODER SAFE and SURE! Priced $10.95 and up See These in Our Farm Department LEATHER HALTER BRONZE RIVETED. EXTRA VALUE. . . . WHILE THEY LAST! 12-inch HUDSON FEEDERS J 8-inch HUDSON FEEDERS 24-inch HUDSON FEEDERS ENAMEL JAR FOUNTS, 4 for lOc 15c 20c 25c SPECIAL! ASSORTED COPPER RIVETS, '/ 2 Ib 1 9c GALVANIZED BUSHEL BASKET--Extra Heavy, Leak-proof--For a limited rime only Automatic Seafer The Latest Design at a New Low Price Only voss GASOLINE and ELECTRIC Latest Design, Full Enamel, With Safety Wringer. Positive Electric Control 1937 Models Now Here With Even More New and Modern Features. Porcelain Enameled Inside and out. Van Hess £2r

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