Globe-Gazette from Mason City, Iowa on March 18, 1937 · Page 21
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Globe-Gazette from Mason City, Iowa · Page 21

Mason City, Iowa
Issue Date:
Thursday, March 18, 1937
Page 21
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MASON CITY GLOBE-GAZETTE, MARCH 18 · 1937 .TWENTY-ONE K I 'WAGES, LIVING I COSTS IN RAGE 1 Analysts Say Abundance of '· American Life Hinges I on Outcome. '!, By CLAUDE A. JAGGER ·Associated Press Financial Editor ; NEW YORK, (/P)_The abun- 3 dance of American life hinges to- jday, as many analysts see it, on · the outcome of the race between "wages and living costs. . Economists and statisticians, ; scanning the latest data on the na- · 'tional standards of living, find ^that recovery of payrolls since the idark days of extreme depression Jhas far outstripped the increasing :take o £ ; t h e butcher, baker and ^landlord. , But the sweeping advances in ·;prjces of basic staples, particularly ··since the turn of year, they explain, will cut into the fatter pay ·envelopes, to a degree as yet un- 'determined. ; Gain of 23 Per Cent. ; The U. S. Bureau of Labor ."statistics latest index of factory payrolls,·: lor January, showed a ?gain of nearly 23 per cent over a : year previously, while the index 'of living costs -was. up only 4V2 per cent. This presents the latest broad statistical picture of what has been happening. ; Compared with the stark period of widespread want, the depres- ;sion bottom of-1933, the pay envelope has shown an even more 'striking victory over increasing jnonthly bills of the householder. .·For that period the index of factory payrolls.has shot up 139 per cent, while living costs increased only 22"per cent. - Of course the 139 per cent 5ump in the factory payrolls index is due not, only to higher pay iates, but to the big pickup in the number of workers receiving pay Isince 1933. ·· Pay Envelopes Behind. "·' Compared with 1929 peaks, ·however, pay envelopes still have pome ground to make up on living costs, according to these data. The January statistical measure, of living costs was only about 14 per cent under the 1929 top, while the payroll index was nearly 22 per cent under the high level; reached eight years ago. -- Wage increases have been an- Jiounced by many corporations since ^January. A survey shows close to 1,000,000 workers affected by announced advances, running in the main around 10 per cent, as in the case of 550,000 steel workers. Steel, , rubber and some other line's boosted' prices of their products at about the same time. Living costs have ,not increased anything like 10 per cent since the turn of the year, students of available ; data say, but there is every indication they have been rising, although of course conditions vary considerably in different parts of tile country. Basic Staples Rise. Since Jan. 1, the Associated Press daily index of 35 basic staples has risen about 7% per cent, but this index includes many items such as metals which do not go directly into consumption, and it normally fluctuates several times as widely as the cost of living index. Yet the indicated rise in living costs has been sufficient to receive the stern consideration of government and monetary authorities. In this connection Mariner S. Eccles, chairman of the federal reserve board, was moved this week to admonish: "The upward spiral of wages and 'prices into inflationary price levels can be as disastrous as the downward spiral of deflation." Given Sharp Fillip. Given a sharp fillip, partly speculative, by gigantic armament programs in Europe, on top of growing demands of recovery, a number of staple markets in New York, London and other centers have recently experienced spells of feverish buying. Thus, increased raw material as well as wage costs face many manufacturers. Hog prices, which affect the cost of bacon on tommorrow's breakfast table, have not changed much in the past year, but currently above $10 a hundredweight at Chicago, they are more than three times the price of five years ago, and not far from the 1929 top of ?11.48. Wheat, around $1.40 a bushel, is close to the 1929 level, and also more than three times the 1932 low. Farm' Prices Higher. " Higher prices of farm products, analysts explain, have been a major part of the recovery program, to increase purchasing power of the rural areas, and expand the manufacturers' markets so they can pay higher wages and take on more workers. Yet they form part of the picture of the higher cost of living, and if higher wages in industry are passed on in .the form of higher costs for manufactured goods, it is argued, the standard of living remains stationary. An Increased living standard, economists explain, requires increased production and consumption per capita. The technical advances of the machine age, it is explained, has vastly increased productive power per capita, but a proper balance of the various factors involving costs and buying power is needed if the goods are to flow more freely into general consumption. Physician Named to Decide Whether Miss Eustice Can Appear CHICAGO, (/P)--Superior Judge Donald S. McKinley has appointed a physician to examine Marguerite Eustice to determine if she can appear in court Saturday for a hearing ot the annulment suit of Assistant Corporation Counsel Quin O'Brien, who charged he was kidnaped and forced to marry her. Asserting Miss Eustice, who calls herself Mrs. O'Brien, was an expectant mother, Attorney A. M. Eherhardt petitioned the court for a continuance on the ground she was too ill to appear. Judge McKinley postponed his decision until Thursday, pending a report from the physician. The woman was scheduled to appear in felony court Friday on a charge of kidnaping O'Brien and forcing him to accompany her to Morrison, 111., where the disputed marriage was alleged to have been performed. State Commander at Iowa Falls Session IOWA FALLS --Two hundred guests of the Iowa Falls American Legion enjoyed a mulligan stew at the Community club rooms on Monday evening. The event was in celebration of the nineteenth birthday of the American Legion. State Commander G. M. "Smoke" Brown of Whiting was present. Commander Brown presented the address of the evening, "The Case of the Legion." Another special feature on the program was the presentation to the Legion of a plaque in recognition of the work done in .reforestation and soil erosion programs by Mrs. F. J. Kingdon. Past District . Commander Gunderson of Eagle Grove and Frank Champlain of Holmes, past district adjutant, were among the guests. SUPREME COURT MAY SPEAK OUT Wheeler Says Nation Should Hear What Judges Think of Court Plans. WASHINGTON, (#)--The way appeared clear Thursday for supreme court justices to speak their mind about the president's judiciary proposal if they choose. "Why shouldn't the country have the benefit of their opinions x x x?" asked Senator Wheeler (D., Mont.). Other opponents of the Roosevelt bill agreed it would be entirely proper for justices to FAVORED B V mEH IF YOU USE DWPORMll METHOD-ASK youorder. If YOU CHANGE TO SPECIALLY MELLOWED UTTER-NUT times out of ten the difference between success and failure in making coffee is in the coffee used --not in the skill of the maker. The flavor must be abundant and of fine quality. That is why Butter-Nut scored such a hit with its new Special Mellowing Process, the aging method that takes choice coffees to the very peak of flavor before roasting. It drops out acids. It gives every pound of Butter-Nut a wealth of rich, delicious flavor. With such coffee, success is easy. Say "Butter-Nut" to your grocer and coffee-making, skill is yours. er ^*^* "^ '^^ ··! ' · · · «^ ·· - -^^---] SPECIALLY MELLOWEDJ Cotiee xpress their views. Chairman Ashurst (D., Ariz.) of he seriate committee holding earings on the measure said any .ember of the high court who 'ished would be given an oppor- unity to be heard. In Federal Reserve. CHICAGO, (fi) -- The Union ank and Trust company of Gear Falls, Iowa, previously oper- .ing as an unrestricted rionmem- er, has been admitted to the fed- ral reserve system and licensed s a member bank by the Federal "eserve Bank of Chicago. Wesley Teachers Get Increases in Salary WESLEY--The new board for the Wesley independent school district met and re-elected L. L. Lease president. All the teachers were offered contracts for the coming year with an. increase in salary for all o[ them. Teachers are: Supt. E. D. Ravlin, Coach George Orbell, Matilda Eye, Mary Katharine Jennings, Mabel Cecil Stage, Alvina Johnson and Agnes Boyer. MEATS THAT SATISFY! Tittle Bros. PACKING CO. 105.SOUTH FEDERAL; AVE. -PHONE 6B3 BEST BUYS FOR FRIDAY AND SATURDAY CHOICE SHOULDER VEAL STEAK . . . l£c lb. TENDER BEEF POT ROAST FRESH GROUND BEEF 14ic lb. 12ic CENTER CUT CHUCK ROAST lb. lb. Fresh SPARE F.TBS. lb. . . . . 15c COTTAGE CHEESE, pound lOc PORK SHOULDER ROAST I Pork-Veal HEARTS, lb. lOc VEAL, BRAINS, PORK LIVERS, lb. TENDER BOILING BEEF lOc END CUTS PORK LOIN ROAST CHOICE ROLLED RIBS 19c lb. | SEE OUR WINDOWS BEFORE YOU BUY VI S h e ' s h i t t h e r o a d f o r . . . Blocked by breakfast b l u e s ? Try \Vhcat-Oata. Its arresting deliciousness will cop your's luscious wheat and plump ripe oais, .skillfull)' blended to bring out the best of both. And Wheat-Oata keeps your energy in high all morning long: STOP at your grocer's: GO -for VCheat-Oata today. Costs less than Vj^ a serving; GIANT SIZE (so SERVINGS) 25c WHEAT-OATA! ^REGULAR PACKAGE RALSTON WHEATOATA OATS AND WHEAT Well I Do! and so do thousands of other women .......' A T E A S P O O N O F C U M A I E N E ! © For china that glistens and glasses that sparkle, CLIMALENE is the life of the party! Just sprinkle in a teaspoon or two and see what a difference it makes when this SAFE, water-softening s o a p - s o l v e n t gets busy. You'll see new waves of billowing suds. Suds that are real cleansing suds... and no soap-scum! That familiar sticky top-layer of grease and undissolved soap never forms when CLIMALENE is in the water. It INS T A N T L Y cuts dish-grease and dissolves soap at the same timel No " s o a p - s c u m " for dishes to come through and no "soap-film" appears on them after they're rinsed 1 CLIMALENE brings back the gleaming beauty your china and glasses had when new . . . b e f o r e you used them at alll And with half the soap, in half the usual washing time! Use a tablespoon or so for snow-white washes and bright-clear colors. Remember CLIMALENE is kind to everything it touches, including busy hands. So get it today , . . at your grocers. 10 cents and 25 cents. The Climalene Company, Canton, Ohio. Bowlene Stops Bathroom Odors . .. TOc at your Grocers

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