The Algona Upper Des Moines from Algona, Iowa on November 4, 1943 · Page 9
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The Algona Upper Des Moines from Algona, Iowa · Page 9

Algona, Iowa
Issue Date:
Thursday, November 4, 1943
Page 9
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Trend of Economics and Real Estate Values After War To the Editor, v The Algona Upper Des MoirieSi Some of the facts and ideas brought out at the 28th Annual Convention of the Iowa Real Estate Association in Waterloo on October 13th and 14th are so important as to be of interest not only to realtors, but to the general public. Particularly interesting were the addresses of Cyrus Crane Willmore of St. Louis, President of the National Association of Real Estate Boards and Roy Wenzlick, President of Real Estate Analysists, Inc., outlining the probable trends of economics and real estate values during \ and following the war. President Willmore stressed the increasing dangers to Which private initiative and enterprise are exposed as a result of the tendency of the government to take over so many properties and exercise so many controls over private manage m e n t by bureaucratic methods. As a result,- it is being more and more recognized by the members of numerous organizations of private individuals, all over the country, that they must assume greater responsibility for the successful conduct of the war effort by individual productive enterprises waste. and, doing away with "We must put on a fight for free enterprise. All great benefits in our country have been obtained through private enterprise. There is need of individual initiative. Uncle Sam cannot produce; but only 'pass rthe hat' through taxation; "Getting money out of Washington to do things at home is not 'planning'; that's destruction. Nations of the past decayed because they had reached the point where there was nothing left to strive for. Soft people never built this nation. "Those who give up their freer dom for security are very apt to find some day that they have lost both their freedom and security." "The outstanding factor, in attempting to forecast the future trend of, prices and values", says Wenzlick, the statistical analyst, '.'is the. probability of some inflation. I don't believe some inflation can be, prevented. "Since 1879 the government of the United States has spent some 300 billion ; dollars; but of this amount only $111,630,000,000 WJS spent up to 1933. The alarming feature of government expenditures is the tendency for them to increase to meet the regular expenses, aside from those to meet war needs." Wenzlick inclines to question seriously Mr. Ickes' estimate of the national wealth 'as brought out in a recent magazine, saying thot all past estimates >of the • wealth have in n6 case exceeded 400 biiUbh, dollar,^: V:' x ' '•' ••• - ; The ''-. present. tendency-.jtoward higher .priceis!.jfot''buildings and' higher- rental 'charges* is" owing to demand; rather'' than 'original building ;cpsts. The Cost of building depends' not only on" ; the 'amount of building being done, but also on the cost of money. ••"Some present magazine ads are misleading. Post war build- 1 ing costs will be much higher. A house which cost $4480 in 1933, $7600 in 1942, may be expected to cost about $10,000 after the war. "Present price controls act as a drag on the tendency to-inflation. There will be an initial dip, after the war, followed by a rise. Immediate postwar conditions will prevent a building boom. Rents and values must first rise. "Apparently we have, now reached about the top in industrial production. Vast quantities of equipment have been sent to • foreign countries, tending to make many commodities scarcer here. Wage increases apparently ;cannot be prevented. A rapid rise in wholesale commodity prices may be expected. "The "only way we will be able to carry the national debt will be by carrying the price level high, i. e. keeping up the national income. Hence, in the future, a group .of men are likely to be in Washington, reversing the present method, trying to keep up price yalues. ' "Farms in Iowa will likely continue to rise in value until two years after the war. But real estate owners will do well to hold on to their real estate, no matter if prices do go wild. A man wanting to buy 'a home' may safely and wisely do so 'on margin', as a 'hedge 1 against future provable price and rent increases, "Five years from now we may expect lower construction costs. Post-war residential building is likely to start slowly. Mortgage interest rates will tend to rise after the war. If they do not that will help -to offset higher building costs, "The immediate post-war period is expected to have only a moderate depression; but after fifteen years Wenzlick expects a major depression. One explanation of high prices, 'we have only a 53c dollar today. The-community' with lowest interest rates will have the best chance for th^. future." Wenzlick thinks that on account of the tendency of manufacturers to operate where costs, including taxes, are lowest the mjddle West, West, Southwest and Southeast portions of the country will l»4n at the expense Of. the ~ ' * • ' ^jgjjj^^j^* ^jjijj^M ^— . ^iRMii j^& SRfje 0gona Upper $ -f Established 1865 ALGONA, IOWA, THURSDAY, NOVEMBER 4, 1943 VOL, 72 — NO. 44 KOSSUTH NINE STATE HIGH CHAMPS St. JOHN'S TEAM, BANCROFT, TAKES HONOR THIS FALL Continued Victories Came to Team Through District, Scmi-Finals, Finals and Sectional For Boys. Bancroft has always been baseball minded and in the past many years has developed some' of the nation's best baseball talent, landing local boys in both the American and National leagues, as well as many in the minor groups. This year, 1943, has been no exception and the St. John's high school teani through. a series of victories, district, semifinals, sectional,' took the championship of the state high school baseball tournament at Ames, October 16. Bancroft and Kossuth. may we)l be proud of the record made'Dy this team. The team closed the season, fourteen games, with JSl^runs against their opponents' 28, an average of ,13 to each two of the opposition. This is an unusual record and indicates the excellent timber in the St. John's, nine. LONE ROCK NEWS T. E. Lewis of Oskaloosa spent from Tuesday until Friday at the W. G. Flaig home. Mrs. Paul Olson and sons of Algona spent Thursday at the Melvin Hawks home. Mr. and Mrs. George Pettit spent Sunday at the Edwin Howe home at Rockwell City. Mr. and Mrs. Jim Long and Roger visited at the W. H. Riedel home, Burt, Sunday afternoon. Mr. and Mrs. W. M. Sherman and sons of Hampton were guests at the W. G. Flaig home Sunday. Mr. and Mrs. George" Kissner and baby of Burt were guests at the Hugh Marlow home Sunday. Miss Violet Larsen and Chuck Ramsey, Mason City,. /spent the week end at the Arthur Prieoe home. Mrs. Alfred Schultz 'and son Gene of -Nora,, Springs . spent the week end at the ; J.'M. ; Blanehardi " • '•' ' '' '' ' .. . . : ; Mr., and Mrs. Ralph Bierstedt visited. Mrs. Walter Dacken and new-baby at the Kossuth hospital rs. Friday night. Jessie Stebritz, Mason : P, Hutchins. Uoyd Pool Elated Head ^Vernon Township Bureau LuVerne: The Vernon Town» ship farm bureau met at the Vernon Consolidated {OF, the October meeting. There was a large attendance and the following officers were elected: President, Lloyd Pool; secretary and treasured, Mrs. Chris Schneider; chairman of home project work, Mrs. Chris Luchsinger. The Humboldt county agent, Ole Carlson, was present sng gave a talk \\\ the close of th? meeting- City, Lawrence Kochler, Bancroft were guests at the Mrs. Kate Hawks home Sunday. Mr. and Mrs. Chds. Hawks and son Wayne of Spirit Lake came Tuesday for an extended visit at the Mrs. Kate Hawks and Melvin Hawks homes. The Ralph Bierstedts, Mr. and Mrs. Hugh Marlow, Mr. and Mrs. Melvin Hawks were visitors at the George Kissner home near Burt SatWglKy" evening. > Mrs. En$$ (Sj?ow, Mrs. John Paulson, Mrs; A: H. Henningson and Miss Elizabeth Jensen, ajl of Graettinger were. guests at the E. M. Jensen home Friday. Miss Helen % i|j|nsen returned home from Muscatine Saturday after spending two weeks there with her sisters, Marian and Dorothy and with other,, relatives. Miss Dconne Hawks of - Fremont, Nebr,, • arrived Sunday morning for a visit with her brother Melvin and family and at the Mrs. Kate Hawks home. Mr. and Mrs. N, L. Cotton and Mrs. Emil Kraft attended the funeral of Phillip Weisbrod at Fenton Friday, afternoon. Mrs. Kraft also called on Mrs. A. H. Brass. The annual fall rally, of the Presbyterian Christian Endeavor was held at the Lone Rock church Sunday with about 75 young people and pastors of various towns attending. Mrs. S.. M, Gladstone left for Durham, N, C., Monday evening for an extended visit at the Harry • Montgomery home, Mrs. Montgomery was formerly Buelah Gladstone, Mr, and Mrs, Ed Bierstedt, Mr. and Mrs, Walter Sorenson, Burt, Mr, and Mrs. Clarence Macumber and family, Algona, the Arthur Bierstedt family, Lakota, the Lyle Marlow family and the Ray Bierstedts were dinner guests at the W. R. O'Donnel home Sunday, , Eerri Sanderson returned home from West Bend Saturday night after being employed at the Walr ter Leonard home there the past two weeks. Mr. and Mrs. Jim Long visited the Leonards, bringing Miss Sanders home and taking Laura Reidel of Bwrt there to assist with the work. Mrs. Ida KohJ.\9f Fenton spent Thursday afternoon at the_ Hart ris Wadswortb home,. /The Joe Maddenj .of Fenton called there Thursday evening; Mrs. C. M. Grass and -daughter visited the Wordswprths Friday afternoon and Mrs. Pora Laabs and Wima called there Saturday afternoon. Mr. and Mrs- Bernard Jensen entertained Mr. and Mrs. J Kueck land children Petty Melvin, and the Marvin " family of Seneca and the , . nard Kueck family of S,we§ City at dinner Sunday in honor of her father, Henry Kueck's birthday. Miss Ruby Kueck, employed in Here is the squad with their coaches, which Saturday, won the title of loWa State High School Champions, fall 1943. Front row, left to right: William Fuchs, student manager; Allen Dudding, outfielder; Chas. Hiltz, utility; Joe Long, utility; the Rev. Father Weimer, director of athletics and assistant coach; Edmund Walsh, outfielder; John Saunders, shortstop; John Devine, outfielder; James Bradley, student manager. Back row, left to right: John Murray, third base; Donald Courtesy Bancron Kegister Froehle, catcher; Tommy Foth, pitcher and second base; Richard .Garry, first base; the Rev. Fathe' J. H. Schultes, coach; Tommy Murray, pitcher and second base; Philip Welp, utility; Robert Nurre, utility. Academy Wins First Place "RIPPLES" TAKES FIRST HONORS IN LITERARY AWARD Academy Student Paper Is Given Excellent Bating Second Time Since 1937; Scored Points. 850 Out of 900 The Quill and Scroll Society of Northwestern University confers the International First Place Award on "Academy Ripples" for last year, according to a recent communication received by Sister Mary Constance, adviser -at Saint Cecelia's, / The Academy publication ;5Ctjred_850...polnts_ ! out of. a: possible -9QO. "ThiSi. is,, the second time that''this!; honor has come to. "Ripples". Critical judges awarded -the paper 178 out of ,a pqssible 200 points for its function as an- educational laboratory, and 257 out of a 300 maximum for being a medium of information to Students and general readers. News presentation and coverage, makeup, typography, headline content, , and absence of gossip columns (were especially commended. As a medium that entertains, the paper merited 123 points out of a 150 maximum. , Excellent Rating "Congratulaltions! Your publication has won outstanding honors in the 1942 Critical. Service", said Mr. Edward Nell, executiye secretary of Quill and Scroll, in a letter recently received at the Academy. "The judges of this year's service, under the auspices of the Medill School of Journalism, recognize your paper as one of outstanding achievements and bestow upon it an excellent rating," he continues. "Academy Ripples is a very worthwhile. student enterprise, Its news of school life and war activities is very helpful to the student. The able and alert staff deserve cooperation as they develop their paper's possibilities", commented the judges. Good Editors Since 1937, the "Ripples" has been a member of Quill and Scroll Society,' and in that year received the International First Place Award, but not since thon has the Academy paper been entered in the Critical Service, Last May-a Quill and Scroll Chapter was organized, and Q. and S. pins were awarded to Mary Lamuth, Bill Godden, and Betty Ann Soleman by the Society for their outstanding work as editors during 1942-43, N.S.P.A. Honors Out of 374 papers entered in the Sixth All-American Critical Service of the National Scholastic Press Association of the University of Minnesota, the Academy paper received a rating of "very good" for last semester. Miss Ruth Curby, who judged the publications, commended "Ripples," on the vitality and originality of news sources and values, which merits 180 out of a possible 250 points. Style and organization of news stories receive special mention as did;' typography and front page makeup. Presentation of editorials was considered, very supervision of Sister Mary Sarita who is now on the staff of Mount Loretto Novitiate and Loras Col- "lege, Dubuque. It was continued under the direction of Sister Mary Laurayne, now of St. Joseph High, Mason City. Sister Mary Bernadine, present advisor of the "Scroll", Waukon, Iowa, launched a commercially printed sheet under the name plate, "Academy Ripples" in September, 1937. This is the seventh consecutive -year that "Ripples" is printed at the office of the Algona Upper Des Moines. Eileen Wingert, Eileen Thul and Marilyn Allen comprise the Editorial Board for the current year, New York, caljeij her telephone v, by happy LUVERNE NEWS go»4 while droajlpienJ and special features were highly praised. "Ripples" Joined the N-SJP.A. last Oetyber. The N. S, P, -A- certificate of, award will b? mailed to the Asidemy as spori as it can be printed and signed. First Class Honor? were received from the Catholic School press Association, Marqyette University, in 1838 and agfjln, in 19« when "Ripples" was entered In C.§.f»JV. Critical Service. The Academy paper is in Us fourteenth yeajr. The- »'§9 Ca Ha ] fia" (Indian Jargoo for, pajnt Ce- oeUV H|gb S&voolT, published The., local school .will _be .. dismissed" "Thursday and .Friday while the :: faculty members attend r the .state. teachers convention at Des Moines. Roy Guy, a farmer living north. of town, who has been working in a defense plant in Moline, 111., is home during the John Deere inventory week. Stephanie Cowling spent the week end at Dolliver. She is, music director in the school here and was an instructor in the Dolliver school for /some time. The W.S.C.S. of the Methodist church will not hold their usual meeting next Wednesday afternoon on account of a meeting at Algona on that date. Ed Fuller went to Bemidji, Minn., Friday evening, called there by the death of a six year old grandchild, who died from the after-effects of whooping cough. Her name was Donna Mae. Mrs. Irvin McGowan left Saturday evening for Norfolk, Va., to meet her husband, E. M. McGowan, who had a . three day leave. Their, little son, Stanley Irvin, is being cared for by her parents, Mr. and Mri. Frank Sanford. Mrs. Duane Neal gave a birthday party Friday - evening honoring their daughter Joice's third birthday. Those present were the relatives and Norma Jean Hanselman. -Refreshments were served and many little gifts were received. Gail Stoddard has concluded his furlough at the home of his mother, Mrs. Marie Stoddard, and his sisters, Mrs. Ralph Dimler, Mrs. Bonnie Ellefritz and Mrs. Ted Johnson, and left for a camp in Mississippi where he will be a flying cadet. Edgar Thomas, who has been suffering, with rheumatism and is still in the hospital at Farragut, Idaho, writes that he is improving. He has received so many cards from friends, he wrote that he would have to hire a secretary to answer them for him. Misses Helen and Elizabeth Ramus spent the^week end at the home of their uncle and aunt, Mr. and Mrs. Humboldt. The John Bommel, Bommels, formerly of IjuVeme, have recently returned from a trip in Missouri Where they visited relatives- Donna Sanford entertained a Mr. and Mrs! Homer Thiele and little daughter .-Cumberland were over Sunday guests of her parents, Mr. v eJ)d' firs. Will Knopf, Mr/ TWfl »' wgriostarwitor tn-#je Cumberland schools, few high school friends at the parental Frank Sanford home Sunday evening. 500 was played at three tables and.' the rooms and tables were decorated in keeping with Halloween. The hostess, assisted by her mothei, served a dainty lunch. Mr. and Mrs. Roy Carroway, who have been tenants on the J. J. Wadleigh farm the past years ave leaving soon for their former home in Missouri whefre they will again resume farming. Mr. and Mrs. Wadleigh who have been spending the winter months recently inT'Algoha, .will remain on the farm this winter."' More volunteers are urgently needed to make surgical dressings at the Red Cross work rooms which are open on 'Tuesday afternoon and evening and Friday afternoon and evening. Anyone having time' to give to >this. work,is urged;>toBassist . jn making .the, dressings/which are go' desperately- needed by the armed forces. . ; Adolph Lund, .son of Mr. and Mrs. O. S. Lund, is home on a 14 day furlough from Camp Cook, Calif., and his sisters and their husbands were guests' at . the Lund home Sunday. They were Mr. and Mrs. Herman Vaudt and son Duane, Whittemore; Mr. and Mrs. John Palmer, Renwick; Cpl. and Mrs. Tieran . Nerem, Renwick, and Mr. and Mrs. Mervin Nerem, Corwith. Mr. and Mrs. Gustav Reddel, who recently retired from their farm six miles east of town and moved to the Ed Hof residence which they purchased, were surprised when about 20 of their. friends came to their homo for a The guests brought along well lunch was Served at the close of housewarming Friday evening. I filled baskets and a delicious | the evening spent in visiting.' , Iron the fall of 1930 .until .Mav, €®m fO WEBSTER CITY TUESDAY, NOVEMBER 9TH POLANP CHJNA BOARS—W*. ru«e<|, prolific, easy era. The kind that breed tfce kind that fill the pork barrel, onta from U 16 c P r « belt's top breeders, 1.04 H. DEL, sharp WEHRHEDVI gAWSS ? AYJWON WPB8THR Cif ¥. IOWA YOU'LL ENJOY * SECOND OUP OP EXTRA FREtH, EXTRA RICH, FULL.FLAVORED 1SK COFFEE OR MELLOW, FLAVOR.8EALED RED ROOSTER COFFEE. BTIDRE GROUND EXACTLY RICtHT FOR VOUR OWN STYLE OP «OFFEE MAKER. THEY'RE SATISFYING! RICH FUU-FLAVOR SATISFYING 18K COFFEE 28< 1 IB. BAG FLAV.O-RITE GOLDEN CORN SYRUP ENRICHED ALL-PURPOSE FLOUR MAGIC BAKE • DAIRYLAND 1 BROWN POINT EACH EVAP.MILK 3 KELIOGG'S Shredded Wheat CREAM STYLE, GOLDEN 18K CORN STANDARD QUALITY TOMATOES 13 POINTS 20 OZ. CAN 18 POINTS 19 OZ. CAN 10 PoInU I5c No. 2 • 20 01. It f i IS Paints Ea. 20 ox. cans a. SIC No. 2 18 oz. can Whole Kernel Vac. Packed I8K Corn 1201. can Out Green • Points Each Beans 2 »"£<.» 23c Fancy Sweet 1* Points Each Peas 2 2o N ™ 33c Good Valu Alaska 1S Pninls Peas Eiu-lf Garden Peas 2 Natural Juice of 2 Points Grapefruit ^.L I2c Mary Stevens • Salad Dressing V I3c 1SK Salad Style Mustard «.,.,., 8c Nutritious, Economical . Peanut Butter".? 54c Tru Vu Elbow Spaghetti, or Macaroni i»,. ceiio PK. He PIMsDurr ' Pancake Flour Sun Rich Prepared Pancake Flour *r kl ! b I9c Cako Flour Softasilk 44o, Pk ,.25c Kitchen Totted Flour Gold Medal ..,b. .ack 2.50 PRICES IN THIS AD.EXCEPT ON PERISHABLE!, GUARANTEED THRU THUR8- BAY, NOW. 11th. ICc SAVE THE DIFFERENCE! KEUOGG'S RICE KRISPIES All VEGETABLE SHORTENING E-ZKREEM ARISTOCRAT SODA CRACKERS FOOD 20c FOOD STORES Pride Whole Kernel 10 Pts. 12 01. can I9C Del Mont* Craam Style is Points Each Corn 2 «o™ 25c Sun Rich Bran Flakes is* lie Kellogg's All Bran 1..^ I8c Sun Rich Corn Flakes 3VJ 2lc Sun Rich Wheat Flakes 2 ;: Breakfast of Champions Wheaties 2%£ American Beauty Spaghetti or Macaroni 2», Cake Flour •..' ". ' ' "-;•..".'• Snosheen ** .b^^Bc: Harshey'e . ' " .«','• '•:;. ' ;' Cocoa Jin,.;*, |2c Grandma's Suoar-tatlng. ' ' ' Molasses Qrandma'i ' Molasses Pure Citract Burnetts Redi'Flo Rag. or lodlud Salt Laundry Soap Blue Barrel Llnal Soap Wpk,,2.fe Oau» .if : : • j Toilet Tissue 3 • Northern ' ; I Paper Towels 2 „,„ I9c •uarvjw I 1 V, «. 2lc 39c 27c 7c 1 » fcr 106 I3c SNO WHITE 3 IB. PKG. Gloss Starch TOILET SOAP Sweetheart 2 BARS WHITE LAUNDRY SOAP Wash Well I9c Humboldt ..Lb. BUTTER SUGAR MARY STEVENS CORN STARCH 42 i 10 Ibs 1 Ib. pkg. 63c 5c large pkg. OXYDOL NORTHERN TISSUE roU So STANDARD NO. 2 CAN CORN FANCY APPLES YELLOW ONIONS 29c fMh£.,!l4!£ SLICED BACON CRANBERRIES quart 4wC 29c BROKPN BACON SWIFT'S > DRIED B GRAPES LETTUCE CALIFORNIA CARROTS ^P^P ^Ql^ ^H^ 4HM^> PURE LARD SPAM OR LUNCHEON i Ibs. < 5 POINTS

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