Kossuth County Advance from Algona, Iowa on February 2, 1933 · Page 5
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Kossuth County Advance from Algona, Iowa · Page 5

Algona, Iowa
Issue Date:
Thursday, February 2, 1933
Page 5
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CALS -AC. WllteV has been sick I to** .with the flu. ank Ward, Klemme, was a busi- vlsitor here Monday . n . high school juniors will have arty at the schoolhouse Saturday of Perry, and Mrs. Geo. P. Elvldge, Sunday with Mr. fterman. E . I,. Vincent is still' a pa- hospital for Oes Moines, „. at the KosBiith dlcnl treatment. , Cecil Wllleys; tnt Sunday with and Mrs. Jesses Wllley. 'i and Mrs. Frank Welskarrip fved Tuesday to Mallard to keep a week ago, la staying at • the Daughans till Mrs. Daughan's recovery. Mrs. Grace- Brlnkman returned Friday from Boone, whore sho had spent throe weeks with a sister. Mr.s Brlnkman lives with her daughter! Mrs. South, and the lattcr's son Frank. Mrs. South has charge of ready-to-wear at Chrlschlllos & Herbert's. Herbert French got homo Monday from Philadelphia, where lie had been In the employ of the Blanohard (JGCH * * nnsiT»t «•-.-.- . — -.._ U ...|.. U(T wl LIU,: ii_»i(Lii(j>ll«.l Id Sunday with Cecil's parents Lumber company two years He has been laid off for a few months, but will go back in tho spring. His brother Gordon is employed by the same firm. Mr. and Mrs. R. H. Foutz, Sioux City, were guests last week Tuesday and Wednesday of Mr. and. Mre, Floyd Saunders. Mr. Foutz in vice for the latter's brother. H. E. Sorstedt has* .been Mng at the C, S. Johnson gro- store during the past few Greeley and Joseph St'."pau1, S p e nt the week-end 'the former's Bister, Mrs. E. L. eks. Margaret the local r and Mrs. Simon Henry, who n' near Algona, became parents [a girl at the Kossuth hospital M. Chrlfltensen and his book- per, Alma Lee White, Esther- JJe, spent Monday at Irlstensen store. ,Ir. and Mrs. William L. Stell be- ne parents of a girl at the Kos- hospital Monday. The baby has |eii named Sharon Lee. jrmabello and Betty Merron, of ifhervllle, spent the week-end i Mr. and Mrs. R. H. Miller. They nieces of Mrs. Miller. ank 'Lathrop and Bernard nkl returned last week Wednes- from Omaha, where they had Jent a few days on business. §Mr. and Mrs. Louis Hlntz, Mr. and «. Robert Liesener, and Mrs. Eml- vtolted the William Tiedes [ Lu Verne Sunday afternoon. ever Christiansen, railway mall fcrk, has been a patient at the Kos- Ith hospital since Monday for med\l treatment of an Infected eye. i, Charles Clendenlng, Webster ;y, visited' from Friday till' Tuefe- ly at foer sister, Mrs. Tom McGilu-. In'fl,'and,with the J. F. Cooks. " fceorge Hohenberger Jr., Dead- d, S. D., who is visiting his par- Its, Mr. and Mrs. George Hohen- Irger Sr., is seriously sick with the |The Bernard Tierneys, Mason Ity, spent Sunday with the George loltzbauers. Bernard, who is em- toyed at the Decker plant, le a son j Mrs. Holtzbauer. IMrs. N. E. Maxwell is expected pme this week-end from Fort dge, where she has been since last |iursday, visiting her parents, Mr. Mrs.' Harry Mericle. (Frances Messer, high school «her, spent the week-end at her bme at Humboldt. Her mother, )io was recently critically sick with Jieumonla, Is gaining strength. IMrs. Neal Smith and her daughter lona visited relatives at Esther- |lle, and Mrs. Geo .W. Godfrey vte- l her parents, Mr. and Mrs. Harm bus, Graettlnger, last Thursday. J"8coop" Sturdlvant, of the Wes- News-World, was an Advance Jop visitor Tuesday morning. He after paper on which to print Wesley creamery's annual re- fcrt. (Marian Brown and Malcom Beck, Tart Dodge, were week-end guests [Mr. and Mrs. Paul Trauger.-Paul, 10 -Is Firestone <reprt»entiB*lye w in la territory, succeeded" A." A "iBe- Lhn. (Mrs. James Biggins, Fort Dodge, ' her granddaughter, Mary Cath- ne Cain, visited from laet Thurs- Y till Sunday with the latter'e Ither, M. B. Cain, railway postal Jerk. IK. 8. Blossom and his daughter aret went to Cedar Fall* Prito visit relatives. "Josh" re- Irned the same day, but Margaret Pained for an extended visit with ft mother's people. (Mrs. <F, L. Tribon Is ' special sale at the continuing Chrlstensen thb week-end. She reports atKying patronage, so far. It was "^ry to call In extra clerks to ! care of customers. |Mrs. o. L. Vohs left Saturday ming for a month with her daugh- '' . Mrs ' Don aW Grettle, Chicago, '0 is recovering from a recent op- ion for ftppendlcltJB Mrs. •Gret•Th U ^ and te a doctor - Hhe,\v TO . c..Da U _- araee . nwtt B in- i'elec- of fine macnln « lht o the plug cleans out the carbon. H°lt*auer spent 8un- fit, Mrs. C. Molnes, the guest of -her B. Moore Smith. the -. . bookke «Per and cashier 8he went from moved to In the Jos. Cosgrove They had been Traugers. flence n !»S wlth'the Paul °yed at the K. D. and Hazel at th< lowa drove to wlth Mr8 ' nt there. Sun. who daughter Pth the. and Martha Dewel accom- *™. and (Martha, who live* there. .-vUlted -at and or expected •tomorrow. respective be back by Mrs. Gladys Mr - Chrischhl ~ ou * ntgtot from spent 8ev- « now much better. r old *^& t ** l »* » row » arrived I c * J™ y - A ^.. to vteit the :,r ip - aSph h raowns> of Creeco ln Souther henow by Nty to here •ge of the oppor- on old *H«^. ** - which also closed, Is trying to get resumo Mr. ' . is the son of Mr. and Mrs. ?; ?• M "ehell, Algona, and the b other oC Laura Mitchell, of the city clerk's office. For many years Ho hn« lived at Bmmetsburg. His wire is a sister oC Attorney o. D. Shiimway. Mr. nnd Mrs. Homer Boevers, of West Bond, their two children, and Mrs. -Hocvcrs' sisters, -May and Eva Wa-tons, were callers at 13 A Thorpe's Sunday afternoon. They wore- en route to Mason City, whence dies. May Waters wae to return by train I with a bouquet of flowers and to Salt lLake City, where she la a civil service worker lri the U. 8. veterans' bureau, and Eva was to return by train to Washington, D. C., where she works in. Inland Waterways bureau. (Both were called home recently by news of the death of a sister-in-law at Marshalltown. Mrs. Boevers was a teacher here some years ago, and her husband is the elder son of Oeo. W. Boevers, of Maaon City, former Union farmer who, with his wife, and younger son, will soon return to the farm. can- Algona, of anniversary, Surprise tor Robert Llesenerg— Former neighbors and old friends at Lotts Creek rem-inded Mr. and Mrs. Robert Uesener, their 26th wedding when they unexpectedly gathered at the Llesener home Monday evening. The evening was spent at visiting and in other entertainment, and lunch brought by the guests was served. Legion 'Anx' Meets Tonlglil— The Legion Auxiliary meets tomorrow night at 7:30 at the Legion hall, and -Mrs. T. T. Herbst will be n charge of a Washington program, nd the program will be followed by . social hour. ISach member is to take a "white elephant." Carolyn Wlllgor Is Wed— Carolyn Wfllgcr, Algona, and Victor Frlderes, Bode, were married at president of the Kennedy & Parsons !" St- Cccolla '« Catholic church Tues- creamery supply house at Sioux I y mornln 8 at 8 o'clock. 'Father T. City, and Mr. Saunders is manager t>f the Algona branch. Mrs. Agnes Laidly returned Sunday from Eethervillc, where she hod spent two weeks with her sons Paul and Lawrence. Paul js linotyplst in a newspaper office, and Lawrence is employed In a creamery. Mrs. Laidley makes her home with her daughter, Mrs. H. M. Vlnson. Mrs. Roas Fries, who is the former Maym e (Belts, and who underwent a major operation at a Sioux City hospital recently, left the hospital Monday, and is now recuperating at the home of her brother, R. F. Betts, Sioux City. It will be five weeks tomorrow since her operation. , The Otto B. Laings moved Into tho Mrs. Myron Schenck house on east Lucas street Saturday. It was vacated by the A. A. Beguhns, who have gone to Marshalltown. The Laings had been living In the Mrs. Thelma iBaker house on south Jerome. Mr. Lalng Is principal of the high school. The Rev. C. V. Hutee drove to Sioux City Friday to bring home his daughter Ruth Harriett Smith, and Carol Andrews, of the Doan neighborhood. All are students at Morn- Ingsde college, and the girle were here for a few days between semesters. Carol's brother Dean took them back Tuesday. James Allen began work at Fort Dodge a week ago Monday, driving a bread truck. He had driven an Algona bakery truck five years. Mrs. Allen and the three boys ex- pedt. to move 'to Fort Dodge as soon as the house the Aliens own here is rented. Mrs. Allen is the former •Berndaine Cavanaugh. Marie Beerman and Bernice Kerr, had been employed at the Ohrischilles & Herbst store for several years, resigned Saturday night, and Marie is now employed at the White grocery store, while Miss •have gone to her home at Hampton. Gladys Rising began clerking at the C. & H. store Monday. Mr. and Mrs. William Kollasch, Jamestown, N. D., arrived last week in response to word that the latter's grandmother, Mrs. Wflllam (Uncle Billy) Ward, was sick. ' F. A.' Ruseell accompanied them to Algona and is visiting old friends here, at Whittemore, and at Bode. The Kollasches and Russells live on ranches weet of Jamestown. Mrs. M. J. Keneflck Is remodeling the upper story of her home. She is •having two one-room apartments with kltchenettes'-ahd- one two-room apartment with kitchenette built. Kermit Setchell and M^s. Keneflck's son Paul, who recently returned from Minneapolis, are doing the work. Mrs. Kenefick hopes to have them ready to rent in a few weeks. Mr. and Mrs. D. A. (Barnard and their daughter Lois Elaine got home Sunday from 'Fargo, N. D., where they had spent a week, having been called there by news of the illness of Mrs. Bernard's grandfather. Mr. Barnard is manager of the local Gamble store. The 'Barnards reported the grandfather improved from a severe heart attack. He is 82 years old. Mr. and Mrs. Wm. Thorjngton, of Blue Earth, spent the week-end with Mr. and Mrs. C. C. Wright, The Thoringtons were married last week Tuesday at Rock Island, and before coming to Algona they spent a few days with the Robert Wrights, of Davenport. Mr.. Thorlngton is a nephew of Mr, and Mrs. Wright. Tjje'TJiorlniftons f will Uye,pn .a: farm hear Blue'Earth." •'• '• ' " ' -•'••'« ?' DrupUlA. Cavijjhllnj'rwho has spent two weeks at Waterloo with friends, Is expected home this week-end. Her sister, Mre. Alvin Karr, Ireton, and •two children, Bobby and' Catherine, are expected tomorrow for two weeks with Mrs,' Karr's mother, Mrs. John Caughlin. Mrs. Karr, who Ivadel Caughlin, will also spend some time at her sister Mrs. Andrew Haneen's, Titonka:' Bert Deal and hie sister-in-law, Sue Morlan, are expected home today from Des Molnes, where they have spent several days. Mr. Deial was attending to business matters, and Mtes Morlan attended a beauty culture school. Miss Morlan operates the beauty shop under the Algona hotel.- Mrs. W. H. Hodges accompanied Mr. Deal and Miss Morlan as far as Ames and there, visited -daughter till "today. , .. The Monitor reports that ' L. T. t to .-Receiv^r^elby the' defunct"'First National 'bank, Burt,*and Sellna CHf- ton, former employe of the bank who has at times helped with receivership affaire, were lately sent to Buffalo Center to prepare the First National bank there for liquidation. That bank failed recently, but the other (Buffalo Center bank, NOTICE To all Rural Telephone Of- fjcers and Patrons in Algona Exchange; A special meeting will be held at the court house Saturday, February 4, at 1:30 p. TO. You are urgently requested to attend as business matters of vital importance to all w iu be discussed. T. Davern read the mass and performed the ceremony in tho presence of members of the immediate families and friends. The bride's attendant was Herlinda Frideres, sister of the bridegroom, and the bridegroom's attendant was Joseph Willger, Lu Verne, brother of the bride. The bride's dress was of white -satin, and she wore a veil. Her bouquet was pink roses, sweet peas, and ferns. The bridesmaid's drese was of pink taffeta, and her bouquet was pink and white carnations. At soon after the ceremony a wedding dinner was served to 25 guests at the parental Willger home. Mrs. Ohas. (Hoffman and Mrs. Geo. Hlr- ner, the latter of Wesley, helped Mrs. Willger serve. The new Mrs. Frlderes te the daughter of Mr. and Mrs. Nick Willger. She is a graduate o£ the Algona high school, and lor the past four years had been employed at the Hawcott & Ogg store. Mr. Frlderes Is the son of Mr. and Mrs. John Frl- deres, St. Joe, and Is a farmer. After April 1 Mr. and Mre. ' Frideres will be at home there. Another Parish Party Given— The third of a series of parties given by St. Cecelia's parish was held at the Academy Monday night, and there were 34 tables of bridge and 500. The high bridge scores were won by Carlotta Kanouff and Carl Plefson; the high prizes by Mrs. H. J. Bode and Frank Grandgenett, St. Benedict. After carda, refreshments were served, and the rest of the evening was spent at dancing. The committee in charge was Mr. and Mrs. R. E. Kaln, Mr. and Mrs. W. H. Godden, Mr. and Mrs. N. J. Weydert, Mr. and Mrs. Frank Esser, Mary Strelt, and Christine Wernert. The committee in. charge of next week's party will be Mr.^-and Mrs. C. A. Joynt, Mr. and Mrs. James Brophy, Mr. and Mrs.^Tony Goeders, Joseph Bestenlehner, Mrs. Josephine •Stanton, Mrs. Anna Frankl, and Mrs. Eva Deim. Union 4-11 Club Meets— The first Union 4-H club meeting of the year was, held last Thursday night at 8 o'clock at Kathryn Deim's, and-roll call wae answered with the names of favorite folk songs. All 14 members were present. At a -business meeting ways of making money, club goals, and plans for the year were discussed, and the leaders gave suggestions. Mrs. John Bieser and John visitors. <Erelyn Qranzow the travel prize. After cards Mrs. Kenneth Seeley, the former Helen Johnson, was .given a surprise kitchen shower, and the club also presented her with a linen table cloth. Refreshments were served. Guests were Jeanne Coon, Ruth Kreikenbaum, Grace Miller, Mrs. IBertha French, Bessie Hopkins, Dorothy Samson, and Gertrude Norman. Entertain oPst Matron's Club— Mrs. D. D. Monlux and Mrs. M. J. McCall entertained the O. E. S. past matrons club at the Masonic Temple Tuesday afternoon. The time was spent at making nut baskets for a luncheon the club will serve next Tuesday. Late in the afternoon refreshments were served. Members present were Mesdames George H. Free, A. L. Peterson, W. E. McDonald, R. J. Keen, A. J, Hertlg, J. A. Freeh, H. V. Hull, C. T. Chubb, A. A. Bishop, S. A. Worster, E. W. Lueby, B. A. Thorpe, H. D. Hutchins. Pooch Anniversary Celebrated— Mr. and Mrs. Fred Pooch have been married ten years, and Friday night a group dropped in for the evening. Bridge was played, and Mrs. Wayne Stephenson and Fred Pooch won the prizes. After bridge refreshments were served. Mr. and Mrs. Pooch were presented a percolator. Others in the group Mr. .Stephenson, Mr. and George Scuff ham, Mr. and Edw. Hopkins, Mrs. Hattie Phillips, Mrs. Ann Fechner, and Mr. and Mrs. Cecil McGinnis. Bridge Club Is Entertained— Mrs. John Outton entertained her bridge club last Thursday night. The high 'score was won toy' Mrs. Owen Nichols, and Mrs. Glen McMurray won low. After bridge lunch was served. Other members of the club are Mesdamee L. M. Merrit, A. W Amunson, G. D. Brundage, G. H Ogg, and A. A. Beguhn. This was Mrs. Beguhn's last meeting, for she left for a new home at Marshalltown Saturday. Zerfas Wins Bridge Prize- Mr, and Mrs. Jos. Greenberg entertained Mr. and Mrs. R. H. Miller Mr. and Mrs. F. E. Kent, and Mr and Mrs. P. P. Zerfass at dinner Friday nigiht, after which contract bridge was played. The high scores were won by Mrs. Kent and Mr Zerfass. At dinner the guests were seated at a ,single table centered vi m n -. , , ,, milk and cream in June, July, Aupr- .Vhittemore, were called for the first i Ufit and ime at St. Cecelia's Catholic church Sunday. were: Mrs. Mrs. Frankl Jr. 'Dpdds', 'a were ' new member, attended. Following is 'the program: piano duet, Stars and StripesVForever, Kathryn Detm and Fern Gish; Legend of Minnetonka, Kathryn Delm; picture study;'violin selections, John Frankl, accompanied at the piano by Kathryn Deim. After the program refreshments were served. A Valentine party will be given next week Thursday. Party Features Old Times— A "depression" party was given at Mrs. Wm. K.,'Ferguson's by Mrs. Ferguson, Mrs. H. E. Rist, and Minnie J. Coate Jast Thursday. Luncheon was served on. a colored tablecloth, and old-fashioned china in keeping with the times 50 years ago I was used. The centerpiece consisted of a silver castor, and there were candles in old silver candlesticks. Plates and cups were laid upside down, and old goblets, tiny butter plates, and glass sauce djahes added oldtime touches. Features of the luncheon were v large/; platters .of sauerkraut and ham/''dutch cheese, "Johnny ' cake," and gingerbread. The after-luncheon hours were spent at bridge, Mrs. M. P, Weaver, (Mrs. A. L. Peterson, and Mrs. M, P. Haggard winning the high scores. COMBINATION SALE Auctioneers hold them, why can' we? Here goes Friday .and Saturday. Cash and carry only at these prices: 1 Ib. wieners 1 head cabbage ISc 1 lb. minced ham 1 can pork and beans 19c Watanye Benefit Party Glren— Mary Mitchell, Dora Carson, and Amy Johnson entertained at a Wa- tanye benefit .party Monday night,at the Mitchell home. Bridge was played at five tables, Mrs. Flora Tias winning the high score, Lillian 1 lb. hamburger (Sanitary cellophane wrapped, pkg) 1 can red beans 1 can tomatoes 25C 1 lb. pork chops 5 Ibs. potatoes 15c 1 lb. smoked ham 1 head cabbage 19c 1 lb. beef steak 2 Ibs. onions 19c 1 lb. sliced bacon 1 -dozen eggs 23c GREEN'S STORE Bargains in Used Cars 1932 V-8 -Tudor demonstrator 1931 Sedan 1931 Ford Coupe. 1930 Buick Coupe. 1931 Ford Tudor 1929 Dodge sedan THESE CARS ARE PRICED TO MOVE QUICKLY. DON'T FAIL TO SEE THEM. ' They Are Real Bargains KENT MOTOR CO. Plume 431 AUTHOBIZED Algona, Iowa {(inns for AlRona Girl— Dorothy, daughter of Joseph Bes- enlehner, Algona, and iLewis Duffy, Creamery (Continued from page J.) the individual creameries In the stcite brand group. Packaging 1 llef|iilremenfs Met. Another advantage is that the Mason City plant can afford to nackage butter a« desired. .Some communi- theae item*, If the group desired, at cost plus a reasonable profit, but that It could not In Justice to patrons and stockholders sell them at Jess than a fair profit. At a morning meeting of the stockholders at the same place H. J. Bode was reelected to the board, his being the only term to expire this year. All old officers were reelected: A. J. Keen, president; Mr. Bode, vice president; C. T. Chubb,'treas- tles demand packapes in quarter- urer . M Christiansen, secretary pound units; other., want roll.,, etc. | other directors arc Mr. Godfrey N.' Creameries operating alone cannot meet such demands. Last year there wns a general Increase of 24 per cent in volume of butter handled by the state brand group. Of this butter Increase 10 per cent was ordinary or lower-score butter, but 6(1 per cent was Increase In the finest 02-score. Mr. Storvick urged better care of A, Smith, and C, R. Schoby. Baby Son Dies. A card from Los Angeles report* the loss by Mr. and Mrs. Harry P 1 , Berls of a son born prematurely on! Januay 9. Mrs. Berle was formerly Marjorle Bowyer. PETERSON FOR PHOTOS September, when Other Society. Dorothy McNeil], who for the last our years had been employed at Behlmer's, has resigned and is now teaching the Dist. No. 9 school in Plum Creek township, having succeeded Dorothy Bestenlehner, who will be niarrled shor.tly to (Lewis Duffy, Whittemore. The Presbyterian Light Bearers will meet at the church Saturday afternoon at 2; hostesses, Mrs. L. E. Fairbanks, Doris Jones. The program will be: devotionals, Imogene Hill; chapter in study book, Ermadine Hanson; entertainment, Ruth Butts. Mrs. A. A. Bishop's Methodist Sunday school class had a party at the church iFrlday night. After an evening of games lunch was served. The committee in charge was Mabel Olson, Helen Parsons, and (Paul Black. Mrs. O. W. Erlckson entertained her bridge club at two tables Saturday night. -Mrs. William Hawcott and Mrs. H. £,. Goslln won the high scores. Mrs. Hawcott was a guest of the club. After bridge, lunch was served. Mrs. T. H. Ohrischilles entertained her bridge club Monday afternoon. The high score was won by Mrs. H. M. Hauberg. Guests of the club were Mrs. (P. P. Zerfass and Mrs. J. L. Bonar. Mr. and Mrs. E. L. Wolcott entertained Mr. and Mrs. J. L. Daub Monday evening at 6:30 dinner, the occasion being Mrs. Daub's birthday. The Baptist Aid meets this afternoon with Mrs. L. W. Keith; assisting hostesses, Mrs. Arthur Miner, Mrs. Paul Black, Mrs. R. A. Clark. Mr. and Mrs. A. L. Peterson entertained Supt. and Mrs. J. F. Overmyer and Mr. and Mrs. W. C. Dewel at dinner Friday evening. disadvantage. Mr. Morrison hope from the fact that all milk scores drop as the result of sour cream. To guarantee a market, it Is necessary to offer a supply every month in the year for high-score juttor. The low months determine the amount that can be guaranteed. Morrison Presents Chart. Mr. Keen next called on County Agent B. R. Morrison, who presented a chart showing the price level of farm products as compared with -he general price level running back to the revolution. It showed that up to 1930 and 1931 the farm price level and the general price level went up and down together. But in these two years it dropped much more rapidly than the general price level. This puts the farm at a tremendous drew other major depressions show a fall for 14 years before the rise starts again, and the present decrease is now In the 14th year, according to the chart. . Mr. Morrison also called attention to lines on the chart showing the decrease that always follows inflated money periods, especially those of the shin-plaster and greenback periods. Godfrey Gives Talk. i Geo. W. Godfrey, responding to a call, spoke briefly. 'He suggested that possibly the real solution of the farm problem would be an Iowa state brand organization for all products. "This would put control of the market In the hands of farmers Instead of speculators. Mr. Godfrey recalled that It is under-consumption rather than surplus which is at the base of our present troubles. When Mr. Keen called for suggestions, a proposal for the cooperative buying, of feed, coal, and salt was adopted, and the board was instructed to go ahead this year. Sec- retary-Buttermaker M. P. Christiansen said the creamery would sell Announcement Another Service for Our Customers We have installed a new machine to clean and adjust spark plugs, at 5 cents each, while you wait. Badly worn or dirty plugs waste 1 gallon of gasoline out of every 10, and reduce engine power. Wm. C. Dau Garage Phone 165 Algona FOR SERVICE Avoid the Spring Rush Send us your wearing apparel for Spring for a thorough cleaning, pressing and repairing. You can save money and get many more months of wear out of your suits, dresses, etc., etc. We call for and deliver Modern Dry Cleaners PHONE 537 Statement of the Condition of the ALGONA CO-OPERATIVE CREAMERY COMPANY ALGOUA CO-OPERATIVE CREAMERY COMPANY BAI/ANCE SHEET AS AT DECEMBER 31, 1938 ASSETS Current Assets— Cash on hand and In banks Accounts receivable Advances to patrons • Patrons overdrafts : Butter .on hand and in'transit-'--,...., ' Supplies and •merchandise' inventory Investments- Stock—Preferred—Iowa State Brand.. Stock—Common—Iowa State Brand _ 2,835.22 1,688.23 408.50 256.55 7,631.29' . . . 2,739.52 $15,559.31 Deductions from Income— :. . ;, Accounts and other losses charged off ._ 218.40 Interest on,notes frisloo Interest to stockholders 688.60 Federal Income tax 1932 329.25 1,666.15 5,000.00 4,000.00 Xet Income for Tear _. OPERATING ( A3fD.GENERAL EXPENSE • .Salaries and wages :: '___ « Tubs ^ ..I Creamery and patron supplies i__$ 6,871.29 Lees: Sales to patrons __'_ : • 2,564.80 $ 9,WIM 21,833.74 4,198.63 4,306.49 9,000.00 Fixed Assets- Land Buildings $ 19,176.89 Less: Provision for depreciation 4,505.08 I 24,559.31 Machinery and equipment 26,734.14 Less: Provision for depreciation 13,945.41 3,445.00 14,671.81 12,788.73 30,905.54 TOTAL ASSETS I 55,404.85 LIABILITIES AND NET WORTH Current Liabilities- Due patrons for December cream $ 9,733,19 Notes payable—Bank $ 5,000.00 'Notes payable—Others 1,500.00 6,500.00 Advances on butter shipped Accrued expense '. Accrued interest -. Outstanding, milk "tickete— -.., Reserve for federal, taxes 1932.! 1,440.00 486.00 /• 125.00 647.88 329.25 $19,261.32 Repairs ' Depreciation Cream trucks expense—gas and oil Cream trucks repairs and other expenses . Hay and feed ... c °al 2,843.08 Lees: Sales to patrons 1,640.26 Power '. Light and water . Laundry Insurance Taxes—Real estate and personal , Dodge auto and traveling expense out city Directors' fees and expense '. Annual meeting expense — Telephone and telegraph Printing, stationery, and office supplies Advertising Cow testing j Cream scoring lowa State Brand Creameries—advertising dues Dues and,-subscriptions Re-organization^ expense Misc. •_ ; 1,482.33 3,836.18 1,778.25 1.720.61 295.95 1,202.82 1,103.34 121.20 840.93 663.10 710.37 657.74 185.8C 269.61' 237.70 755.54 556.00 472.74 157.14 S7.16 89.00 105.20 121.83 Stock Subscriptions .Vet Worth— Capital stock- outstanding (par value 1100.00) 9,300.00 Surplus: Earned January 1, 1932 $ 21,716.94 Add: Net Iricome for year _. 2,091.59 23,808.53 8,0»5.00 I 22,356.32 Less: Received for hauling 6,981.88 Received for manager's services, traveling expenses 432.47 $ 47,128.92 7,414.35 TOTAL I 39,714.57 STATISTICS Total Net Worth TOTAL LIABILITIES AND CAPITAL 33,108.53 $ 55,404.85 Cream Cream received (sweet) .2,116,659 Cream received (sour) _. 404,856 Pounds Average Butter Average Test (Fat Price Amount .292 617,965.0 $ .2324 $ 143,617.92 .282 114,894.2 .1970 22,511.73 INCOME, PROFIT AND LOSS STATEMENT FOR THE YEAR ENDED DECEMBER 31, 1939 Sales- Milk $ 27,460.62 Cream _ _ _ 10,541.07 Whipping cream 1,001.65 Butter milk .' .--,.- , P —-- ".„_ 1,677.64 Butter ._,., _ 184,407.64 2,521,511 Milk ..1,032,071 .037 732,859.2 . 38,162.3cwt.l.62 $166,129.65 $ 16,790.80 - ; ! '" • Pounds Butter on hand .January 1, 1932 ; '_ 25,833 Add. Butter manufactured -i .-;90s!l68 934,001 Less: (Butter on hand and in'transit;December 31, 1932 -34,922 Less: Returns and allowances 225,088.62 227.95 Net Sales _ $824,860.07 Cost of Sales- Milk purchased .._ 16,790.80 Cream purchased 166,129.65 Total to Account For 809,079 State Brnnd sold market : 454,979 State Brand sold retail 21,119 State Brand gold wholesale ; , 57,276 State Brand sold patrons „_ (8,744 92 score sold market Short at plant .1 1S2.920.45 Add: Inventory January 1, 1932 —; 7,025.45 Less: Inventory December 31, 1932 189,945.90 7,631.29 899,079 Butter fat received as above 732,859.2 Add: Butterfat in surplus milk 3' <t,806.( Butterfat in starter milk _ 3 ,3 c!l73,2 Cost of Sales Gross Profit on Sales — Operating 1 and General Expenses 182,314.01 43,540.06 89,714.57 Net Operating Profit _,._„ ....... Additions to Income — Income from cheese sales -----Dividends o^ Stock — low^. State Brand erles, Inc. • _,.™_. Rebates pn supplies purchased Eecoveries and mi§c. ------- , — ,__ 2,881.49 18.06 720.00 106.83 70.86 Pounds overrun — »_»„ Percentage overrun . Percentage butterfat increase Percentage expense increase Average price received fqr afl better 916.25 3,746.74 These were 745,839.0 Less: Butterfat in retail cream -41.067.i8 Butterfat ice cream —_ _„_ ,3,648.8 14,708.1 Total butterfat churned — , Total butter manufactured as above .-_ -

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