Globe-Gazette from Mason City, Iowa • Page 4

26, 1957 Mi son City, Standard Oil Announces 31 Transfers; 5 Retire The Standard Oil SECOND UNDERPASS --With construction near completion on an underpass in west Mason City, workmen here begin putting down floor beams on an underpass in the east part of town. The underpasses are on the new Highway 18 route through the city. This underpass will carry the five tracks of the Minneapolis St. Louis Railway Co. The nearly complete underpass in west Mason City will carry Chicago North Western Railway traffic and a second underpass there will serve Chicago Great Western Railway trains.

This view is to tiie northeast. The five sets of M.St. L. tracks are in the background. AH three underpasses are being built by the Iowa Bridge Des Moines.

SINGLE BATH NOT ENOUGH A recent survey of home owners shows that only one in 10 is content with a single-bathroom home, reports the Plumbing Fix- ture Manufacturers Assn. Half insist they need two bathrooms or more, while the remainder would settle for a one-and-a-half bath minimum. You Enjoy The Maximum Beauty With Minimum Care When You Lay Your Floors With American RUBBER TILE 9x9 Precision Cut in CHOICE OF 6 COLORS. EACH CLINE'S Floor Covering SALES and SERVICE 22--1st Street S. W.

GA 3-6214 FIREPLACE FIXTURES We oHer a complete, new selection of Fireplace SCREENS, ANDIRONS and ACCESSORIES in the popular brass jet black finishes complete sets or individual pieces. FIREPLACE GRATES BOONHOWER HARDWARE SYSTEM Furnace and Distribution System A new way to 'move heat," add iresh warmth to room air. Heats faster yet without drafts; ends cold floors, cold corners, even in hard-to- heat rooms. So effective we m-cr- antee comfort with 51000 Bond. i 314 I Round Ducts r.t in wall, save costly installation time! Amazing "blenders" in ceiling, baseboard, wall, new present home; furnace models for basement, utility room, attic, alcove.

KELRO FUEL FURNACE W-4TH ST. S. W. DIAL GA 3-1423 LARRY McNEAR Organist Star at Vance Music Anniversary Fete Larry McNear, Denver, one of the nation's foremost organists, will give a concert of a music on the Wurlitier organs Nov. 2 at the anniversary celebration of the Vance Music Co.

McNear especially will be featured at the Spinette, with which he has gained his reputation as a top arranger a recording star. He is a radio, television, theater and supper club favorite in New York City, Miami and Denver. Coincidental with i Afason City appearance will be the release of his new album, "Midnight Sun." This album is widely acclaimed greater than his preceding release, "Tones a Tempos." district office in llason City completed arrangements this week for transfer of 31 of the 75 em- ployes. Five others are retiring, 15 are remaining on the payroll in Mason City and 24 are severing their connections with the company. Those employes being transferred, their new positions and the cities in which they will live are as follows: L.

B. Kelly, regional operations manager, Milwaukee; R. R. A district manager, Des Moines; H. Crawford, district manager, Sioux City; N.

J. Moreland, public relations manager, Des Moines; A. M. Johnston, regional credit manager, Indianapolis; D. C.

Peterson, regional accounting office, Des Moines; J. G. Sargent, sales manager, North Platte, and K. R. Leffler, sales manager, Sioux City.

Other Transfers J. A. Lampe, merchandise manager T.B.A., Moines; Asmussen, reseller salesman, Davenport; R. B. Maxfield, salesman, Waterloo; F.

M. Wennersten, salesman, Le Mars; S. E. Nelson, commercial salesman, Sioux i V. H.

llasmussen, and R. A. Stackhouse, regional sales office, Des Moines; W. I. Tyler, credit representative, Cedar Rapids, and R.

L. Johnson, i representative, Moines. Color Takes Over in New Bathrooms CHICAGO--Through new ideas and uses, the demand for colorful bathroom fixtures has doubled during the last five years, reports the Plumbing Fixture Manufacturers Assn. Presently, about three of every 10 fixtures sold are colored. Pink and yellow show the biggest sales gain in the 5 for a daily paper? all credit in en, Des Moines; Allene Young, Evelyn and Ida Bancroft, all in the regional accounting office, Des Moines; J.

R. Engebretson, construction engineer, Des Moines; Laura M. Fugle, stenographer, Sioux City; G. G. Golbuff and H.

W. Montgomery, sales trainees, both in Waterloo; D. Fry, salesman, Charles i W. H. Rohren, salesman, Hampton, and R.

A. A employe relations clerk, Des Moines. Retiring Employes Employes retiring from Standard Oil are H. A. Steddom, H.

E. Jackson," F. E. a J. H.

Bailey and 0. C. Anderson. Those employes remaining in Standard Oil Co. jobs in Mason City and their positions are F.

D. Schumacher, salesman-in-training; M. W. Burns, merchandise- domestic heating oils; R. D.

Davidson, real estate and investment development; II. J. Clapsaddle, salesman; 0. N. Fitts, employe relations representative; R.

Spargo, commercial salesman; J. Moninger, Clear Lake, staff engineer; A. R. Eller, construction engineer; J. R.

Mahoney, clerk; G. A. 'Stubbs, calibrator; 0. L. Gibson, driver (stake truck); H.

F. Wirtz, warehouseman; R. F. Lucas, maintenanceman, and L. J.

Sobotta, auditor. The Mason City warehouse will at C11UUOC Will A. Lysne, R. H. operations under Supt.

C. B. Holland and R. P. Teeple.JT.

0. Kittleson. Cheap Dollar at France MINNEAPOLIS Worried because your dollar has shrunk until it only buys 50 cents' worth? What if it would only buy four cents' worth, compared to prewar days? Suppose the smallest paper money in your billfold was a $100 bill, and it wouldn't buy a dinner iii a good restaurant? And you had to pay the newsboy pared with $2.85 last year. promissory notes by government, business and individuals. Money Circulation Our money in circulation now STANT totals four times what it amount- ed to before World War II.

It has increased by about 23 per cent from the 1947-49 level, or very close to the proportion (21 per cent) that living costs have risen in the same period. Our money is circulating much faster than in the past, also! If we weren't producing more than twice as much goods as in 1939, color parade. HOME BUILDERS WILL REVAMP PUBLICATION The NAHB Journal of Homebuilding, a magazine, i assume full standard page size with its January issue, departing from previous unorthodox page sizes. Instead of offset printing used it is to be printed by letter press. The Journal is published by the National Assn of Home Builders.

PLASTERING BE SURE Your New Home FIRE PROOFED With Lath and Plaster CALL US FOR FREE ESTIMATES W. J. EASLEY and SONS A BILL BOB' GA 3-5370 GA 3-3026 GA 3-4362 There Is No Substitute For Fireproof Lath And Plaster 'checkbook dollars," a substantial part of which are created by the signing of various forms of HONORED T. J. Bracken (left) receives a plaque recognizing 25 years of service by the Bracken Insurance Agency for the Travelers Indemnity Co.

The presentation is made by Fred C. Meister, Des Moines, manager of the fire and marine department, and George A. Voth (right), Des Moines, manager of the casualty and surety lines. Bracken has represented the company in North Iowa since Oct. 14, 1932.

BUSINESS MEMO BANCORPORAT10N LISTS QUARTERLY DIVIDEND Directors of the Northwest Ban- corporation have declared a regular quarterly common stock dividend on of 70 cents the per share and an extra dividend of 10 cents per share. The 80-cent total is payable Nov. 25 to common stockholders of record Nov. 5. This will bring the total dividend on common stock for this year to $2.90 per share as com- fAcCOY LINES PRESIDENT Joseph E.

Hall, Waterloo, president of McCoy Truck Lines, which gives daily trucking services from Mason City to Chicago, v- Miimeapolis-St. Paul and Omaha last year. president; Floyd W. Jones, treasurer, and Arthur G. Heyne, secretary.

More than 90 per cent of the firm's was represented at the stockholders' meeting at which Hamilton gave a report on the last year's progress. MINERALS CHEMICAL FIRM EARNINGS UP. International Minerals a Chemical Corp. has reported a 23 per cent gain in net earnings after taxes on an 11 per cent increase in sales for the quarter ended Sept. 30.

Earnings were 8754,000 compared with $614,000 for the same period last year. Sales totaled $20,553,000 compared with $13,447,000 in the per- has announced the appointment of his son, James J. Hall, as assistant to the president. McCoy Truck lines serves 84 cities and towns in Iowa and Minnesota as Features like the fabulous "Thermal-Eye 1 burner the with a Brain" that gives you the correct' heat instantly, maintains it automatically; the exclusive Roast- Master for perfect roasts every time automatically or the rotating "Red-File' 1 time and temperature cnart to give you fine cooking, always. These and many other features make this the most modern gas range designed to fit the modern kitchen.

COME IN AND SEE TODAY ffe PER WEEK TRADE I YOUR OLD RANGE $085 2 ON SHOPPERS LANE This is how much Jean Pub- lique, French citizen, has seen his money, the franc, depreciate. The causes? Much the same as those that are at work on our American dollar, only in bigger doses, and at work over a. longer period of time. Therefore the French inflation has crept faster and farther than ours, says the family economics bureau of Northwestern National Life Insurance Co. Prices Soar French retail prices now aver age approximately 175 times what they were before World War II, the bureau says.

A 500-franc note was rich man's money in 1913; it a worth nearly 100 fat American dollars of 1913 buying power. By 1939 it was worth less than 13 American dollars. Today, since the recent further devaluation of the franc, an American tourist can get a 500-franc note in exchange $1.19 in 1957 American money. It is now the smallest French paper money in common use. The following are the principal I causes, says the bureau's report, which have made French franc a tiny fraction of its former self: Huge war costs, financed mostly by borrowing.

Continua tion of government deficits long after both world wars, with furth-f er heavy borrowing. Government subsidies and other benefit pay-; ments to many and various Mass wage raises and price increases, in repeated cycles. I "Easy Money" In short, the war-born French, inflation has continued, the bureau says, by way of a money" and "easy spending" policies. In France there is about 33 times as much money! in circulation as before World! War II, says the insurance company's report. About half of the French money supply consists of coins and paper currency; the rest is "deposit money." corresponding to our demand deposits.

This is States, where of the money actual coins and paper money The rest is demand deposits. is dollar would have shrunk well as Omaha and Rockford and more than it actually has, the'Joliet in Illinois. Waterloo bureau says. In recent months the French government has faced a mounting tide of indignant protests from millions of citizens as it set out to reduce government expenditures, tighten credit, and halt the wage-price cycle. The real problem of halting inflation, says the bureau, is the widespread popularity of the causes of inflation.

Even, a mild headquarters. BAKERS ASSN. RE-ELECTS E. E. KELLEY JR.

E. E. Kelley operator of two Lakeland, bakeries was re-elected president of the Bakers Assn. at the group's 57th annual convention. Until the early 1920s, Kelley was associated with his father in the operation of a Mason City bakery.

This is inflation "joy-ride" is unpleasant! to many. a th year he has headed the national baker's group. He has served on its board of governors 15 years. OZARK LINES OFFICIALS handyman is application of wood AT I mouldings to a room to carry out At a stockholders' meeting last special decorative effects. Mould- week of Ozark Air Lines all di EASY JOB An easy project for a home ings can be used to add design toj plain fireplaces and to form wall' patterns suggestive of a picture frame to set off prize pieces of furniture.

rectors were unanimously re elected. The directors re-elected all officers, including Laddie Hamilton, board chairman a president; Arthur Blumeyer, vice MORE THAN 26 YEARS IN THE BUILDING BUSINESS Build and Sell Good Homes SURE! YOU CAN BUILD During The Winter Months. Start Now Before Heavy Frosts. FREE PLANNING SERVICE Direct Loans Are Sfill Available In Mason City. Buy Or Build Before January 1,1958 GA 3-4015 or Call at 714 So.

Jefferson JAMES PEARSON TO ATTEND SHOE FAIR James Pearson, manager of Stevenson's shoe department in Mason City, will be attending the five-day National Shoe Fair Sund a through Thursday at Chicago. The world's largest footwear show, the fair is expected to attract over 20.000 retailers and shoe manufacturers from the United States and foreign nations. NEW POSITION FOR A DECORATOR Norma Rottinghaus, 109 9th N. who has been conducting a cake decorating and catering business in her home has accepted a position as head cake decorator at the Clear Lake Bakery. we'll 'tailor a LENNOX Aire-flo Heating system tojjour dome Ray E.

Pauley Inc. MORE FAMILIES BUY LENNOX Mason City i425 S. FEDERAL DIAL GA 3-1032 Like 13 NO. FOURTH ST. FL 7-2011 TRY A G-G CLASSIFIED AD! O'DEAS for Auto Financing and Loans.

FHA Title I Home Improve- inent loans--up to $2.500.00. Consolidation oi Debt Loans 1 to Reduce Payments. Home Appliance Financing. Farm Implement Financing. Free Customer Parking.

214 Federal GA-3-08I5 Ccmforls oi Home COMFORTABLY FINANCED with a UNITED HONE BANK FHA 0 HOME IMPROVEMENT LOAN make leans to help with necessary and desirable home improvements of many kinds'; we keep the financing cost low and arrange terms of repayment that fit in with the borrower's tmi STOP IN AND TALK IT OVER WITH US! THE FRIENDLY UNITED HOME BXXMK TRUST OO, UC.H JCCO6WT UP TO SKOm MEMBER r. a. I. MASON CITY'S HOME OWNED SANK: IxJ.