The Algona Upper Des Moines from Algona, Iowa on April 29, 1965 · Page 3
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The Algona Upper Des Moines from Algona, Iowa · Page 3

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Location:
Algona, Iowa
Issue Date:
Thursday, April 29, 1965
Page:
Page 3
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Wins $100 Scholarship "——•"—•- . . m^ Mary Ann Arndorfer, daughter of Mr. and Mrs. Ben Arndorfer of Britt, is pictured accepting a check for $100 from her sponsor, Dr. R. M. Baldwin of Algona. Miss Arndorfer was a second place winner in the 1965 Scholarship Essay Contest, conducted each year by the Iowa Chiropractic Society. The contest was open to all lowans and the scholarship can be used at the College or University of the winner's choice. Mary Ann is attending the State College of Iowa, Cedar Falls, majoring in Spanish. FROM THE ATTIC... ... TO THE VAULT (Your Hobby - AMbYoor Neighbor's) ,. • ':'. ,.v"--i3|ft By Dick Palmtr I have now had the opportunity to examine the newest catalog on paper currency, entitled North American Currency, written by Grover Criswell whose previous works on Confederate currency and bonds are standard references for the field. This 910- page volume retails at $15 which will limit its general circulation, but most serious collectors of notes will make the investment and be well satisfied with same. The technical production of the book is excellent, with glossy paper, hundreds of illustrations, and an attractive deep green cover with four notes and white title. With purchase by clubs and libraries, new collectors should be attracted to this already-growing hobby field. There has always been a distinct correlation between the availability of information and collecting popularity. I have always been amused at the number of people who stop at my table at a bourse, glance around a bit, and then state, "I don't know anything about currency," leaving the implied, "so I don't collect any of it". Just how one is supposed to know anything about it without collecting it has never been made clear to me. Very few learn first and collect later. The two go hand in hand. ; •- o - » The author clearly states that this is by no means a complete catalog as many thousands of notes exist from the era prior to the Federal issues during the Civil War. The U. S. government sectipn is very limited, but this is as it should be, since these issues have already been well cataloged. Mr. Criswell does not try to preempt previous works. He not only gives them full credit, but used their number jjystem, leaving them as primary in their fields and commendably avoiding unnecessary confusion. It is refreshing to see this degree of cooperation in the interest of the hobby. He does, however, incorporate Canadian notes in his numbering structure, which, is desirable as the standard catalogs for Canada are now inadequate in the currency field. Another much needed section provides basic identification and pricing for notes of the colonial period. Previous catalogs have been badly outdated price-wise. The author states that the number system used is somewhat complicated and is flexible to provide, I hope, for future supplements. He doesn't attempt to explain it, but it appears the numbers are based on an alphabetical listing of the issuing agency with gaps to provide for known or anticipated additions. - o - The ads for the book state that it will contain "realistic" ••pricing, but the information sheet within the book rather clearly indicates that this isn't to be expected as "record" retail and ii's hard to believe,mil... electric home heating really is silent—with resistance electric heat there are no moving parts, so—no noise! there are no drafts, with modern electric heat; no blowers to hurl blasts of air across your feet—just the even warmth of electric heat. with electric heating you can control the temperature in each room. Yes, it's hard to believe, but it's here now—the best home heating system—clean, silent, convenient electric home heating, another magical feature of electrical livinp. Algona Municipal Utilities auction prices are used. There is nothing "realistic" about such records, since many are based on a complete lack of information. I have seen trade offers seeking several dollars in trade for a ten cent note. Mr. Criswell, unfortunately, has a reputation for excessively high valuations and this in itself tends to discourage new entrants into the field. While some notes are offered too infrequently to really establish a market and would certainly go up sharply in the face of any significant change in demand, many are consistently advertised and there is no valid reason why the pricing can not reflect this. Mr. Criswell knows this full well as he, himself, has sold a goodly number of these notes in sheets and still offers them at wholesale. It is difficult, however, to generalize in respect to this book. The Canadian section impresses me as well priced, the colonial section seems reasonable, and I have noted many notes at prices lower than advertised retail. I would object particularly to the Canal Bank issues and other commons from Louisiana, which are overpriced from 25-50%. Pricing is given for very good and uncirculated. On many of these Louisiana notes, the difference between the two is but 50 cents. Many of these were never issued, so anything less than uncirculated would be the result of mishandling. For notes selling from $1.50 to $3 in un- circulated, there would be virtually no market for beat-up specimens. Actually, who is going to pay $5 for a note in very good, when according to the catalog for just 50 cents more you can get a prime uncirculated ? For those of you not used to the terms, very good would be 5 grades below the top class and in the strange terminology of the collector, very good means a rather indifferent quality. The State of South Carolina Revenue Bond Scrip issues are also priced In the sky. In summary, however, I do believe the pricing to be superior to his past works. - o I would also wonder why, when a series is started, the entire series would not be listed, or at least noted. The Bank of the State of Georgia goes from the $20 to the $1.00, with no mention of the $50 and an issue of the State Bank of New Brunswick, New Jersey, stops at $50, with no mention of the $100 and $500. ''ThereTis ample blank spacing in the text to at least note the complete series and it really isn't necessary to picture each note. Iowa, incidentally, received rather limited treatment, with no mention being made of the State Bank of Iowa issues. Notes on banks outside the state, but overprinted for Iowa use, are often listed under the state of the issuing bank such as the Commercial Bank of Terre Haute, Indiana, the Agriculture Bank of Brownsville, Tenn. and several non - overprinted Nebraska issues. - o - With all of the work that went into this book, I think some of these points might have been avoided, but they do not detract from the value, interest and significance of this book. I hope the sales are good. It is by buying support of the collecting field that more needed information will become available. This book was a labor of love, but I hope the bank account of the author will show some material reward and that additional supplements will be forthcoming. was served and prizes awarded to Mrs. Paul Thilges, Sr., Mrs. Adeline Wagner and Mrs. John Thul receiving the birthday gift. SP/4 Joe E. Loebach, 528 Engr., arrived home Tuesday with his Army discharge after two years service, the past year being spent in Thailand. Mr. and Mrs. Loebach and son Joe Thurjday, April 29, 1965 Algona (la.) Upper Dot Molnw-3 will be at home on their farm near Burt. Mr. and Mrs. Ralph Kohlhaas Lynn and Randy spent Tuesday at Iowa City. Mrs. Clara Kehl- haas, Algona, paternal grandmother, stayed at the Kohlhaas home with her grandsons. Mrs. Anna Bormann, Alta Vista, and Mrs. Paul Erpelding were guests of the 500 club at the home of Mrs. Peter Bormann Thursday, prizes were received by Mr*. W. B. Devine, Mrs. Anna Bormann and Mrs. Alphonse Berte. Mrs. B«rte entertains the club May 6. St. Joe C.D.A. Has Film On Civil Defense ST. JOE - C. D. A. met Wednesday evening with Grand Regent Mrs. N. J. Weydert presiding. Civil Defense films on radio active fallout and rescue breathing, shown by the Bode fire department preceded the meeting. National communion observance will be held May 1 at 7:30 mass in St. Joseph's church. The nominating committee presented a slate of officers to be elected at the May 12 monthly meeting. Social welfare committee reported on projects being considered by the court, with Rev. Leo C. Schumacher commenting on the program. Following the meeting, lunch Whoever heard a woman keep a secret? "Helen, I've just finished painting 'this bedroom with new DA-TEX. and it looks wonderful." Yes, one woman tells another about new DA-TEX one-coat wall paint and soon the whole town knows. Women appreciate that new DA'-TEX ia -Densi-tized. r hs heavi'^]$ff#3neahs there vis less -drltf'"arid'''less spatter New DA-TEX clings to your brush or roller. There are nn brush marks, no laps, no telltale traces where you touch up later. There's no painty odor either. Dries in just 23 min utcs. You've read about Densi- tized DA TEX in LIFE magazine. Now try it on your own walls. Choose from 'a wide selection of beautiful colors at Sailer's Davis Paint Store, Algona, Iowa. SHEAKLEYS HAVE THE LARGEST SELECTION OF QUALITY NAME-BRAND SPORTSWEAR IN OUR AREA. SHOP & COMPARE ! Quality is not expensive ifa priceless f You"li find quality here . reasonably priced / How does this impress you Ford and Chevy owners out there? CIDAA A full-sized Chrysler is priced less than $7 a month more. Make CHRYSLER NEWPORT FORD GALAXIE 500 CHEVROLET IMPALA OLDS F-85 CUTLASS BIIICK SPECIAL SKYLARK Wheelbase 124" 119 119 115 115 Overall Length 218 2 j 2100 2131 204 'i 203 4 V-8 Engine Cubic Inch Displacement 383 289 283 330 300 Bast. Monthly Payments $65.67 5894 58.94 59.26 58.65 Difference Per Month $6 73 6.73 6.41 7.02 BASIS OF COMPARISON- All models are 2-door hardtops equipped with V-8 engine, automatic transmission power steering, power brakes, radio and heater Monthl/ payments have been computed on manufacturers' suggested retail price, one-third down and 36 monthly payments. Not included are the extras you pay for on practically any new car. «hitu//all n--^ r !-:luxe wheel covers, destination Charges, state and local taxes interest insurance and h'.'.'n'.in,', '•.•-.• J 1965 is Chrysler's most popular year. As a result, we have a top seleotion of money-saving used cars. See us today. PERCIVAL MOTORS, INC. • 800 So. Phillips, Algona, Iowa

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