Danger Seen in Farm Mortgage Debt Trend
Iowa State college farm economist Carl Malone warned that Iowa farmers near trouble in high mortgage credit to buy land. Survey of 379 purchases shows 41 percent cash, 59 percent mortgaged, with 75 percent or more debt in over a fifth of cases. He cautioned debt must be compared to prewar land values, not wartime prices, and cited foreclosures to illustrate risk. low rates and long terms help, but cannot offset mispriced land.
MENTIONED IN THIS ARTICLE
IAMES
Carl Malone
Iowa State College
Iowa
Malone
Usda Bureau
OI Agricultural Ccunulngs
REA Details Five Year Billion Dollar Rural Power Plan
The Rural Electrification Administration outlined a five year plan costing over 1.0 billion dollars to bring electricity to 3.566 million rural consumers. Claude R Wickard said 926 REA borrowers are ready for the first three postwar years serving 1.329 million farms and homes. The report notes increased loan demand after War Production Board relaxations, with 66.16 million in loans this year and 225 million pending.
MENTIONED IN THIS ARTICLE
Washington
REA
Claude R. Wickard
War Production Board
Public sale listings across Iowa counties and towns
Advertised sale notices list multiple events from Jan 15 to Feb 8 across towns like Stanwood Central City Mt Vernon Ely Iowa City and Marion. Entries include closing out sales stock sales and herd gifts with sellers such as Sam Hegerty C J McNamara Lee Herrold and Rollie Bowman among others.
MENTIONED IN THIS ARTICLE
Sam Hegerty
Stanwood
C. J. McNamara
Central City
Lee Herrold
West Liberty
Rollie Bowman
Mt. Vernon
Rittmer
Killian
Coggan
Roy Morris
Alburnett
Antone Netolicky
Ely
Glenn Speight
Oasis
Fred Cole
Iowa City
C. J. Miller
Mechanicsville
James Kubichek
Blairstown
Ervin Horak
Hawkeye Downs
George Goodyear
Linn
Orvie Hopker
Bertram
Iowa County
Hampshire
Albert Martin and Sons
Marion
Iowa Urges 8 Percent national increase in bee colonies
Iowa receives 275000 additional bee colonies, a 48 percent rise over 1940 44 levels, second largest national ask behind Montana. Ex tension expert FB Paddock notes seed crops like sweet clover benefit 300 percent from pollination, aiming to boost crop yields not honey production.
MENTIONED IN THIS ARTICLE
Iowa
Montana
FB. Paddock
Iowa State College
Iowa Extension Service
Paddock
Economists Favor Farm Income Aid Over Fixed Price Floors
A survey of 300 leading farm economists from the American Farm Economic Association finds broad support for a plan to back total farm income rather than individual crop prices. They largely oppose government surplus buys and expect continued food programs or direct farmer payments to bridge gaps to market prices. Metropolitan Washington developments shift subsidies toward consumer benefits, with debates on meat ceilings and wage effects. Soil conservation gains noted, as 1945 progress hints at momentum despite wartime erosion concerns. Alfalfa seed shortages warn farmers to plan early for spring needs amid limited carryover and pro-rated supplies.
MENTIONED IN THIS ARTICLE
American Farm Economic Association
Washington
Anderson
Neverman Shorthorns average $132 per head at sale
Nineteen Milking Shorthorn cows averaged $132 per head at the Neverman Brothers sale near Monona on Thursday. The top cow sold for $157. Fifteen ewes brought $17 per head, a 20 year ee hay loader $60, and a binder 227.
MENTIONED IN THIS ARTICLE
Neverman Brothers
Allamakee farmers collect sheep subsidies totaling $10,493.04
Since August 1945 Allamakee county farmers have received 10493.04 dollars in sheep subsidies per Benedict Kelleher AAA chairman. December and January rates were 2.00 per hundredweight for lambs 65 to 90 pounds and 2.65 for lambs over 90 pounds. February rates rise to 2.50 and 3.15 with other sheep at 1.00. Vinton-Herman Franzenburg of Keystone was named to attend a soil conservation short course at Ames January 29 to February 1.
MENTIONED IN THIS ARTICLE
Waukon
Allamakee
Benedict Kelleher
County Aaa
Vinton
Herman Franzenburg
Keystone
Board of Commissioners
Benton County Soils District
Soil Conservation
Ames
Worry Over Loose Teeth Seems Solved by FASTEETH
Don’t be embarrassed by loose false teeth slipping dropping or wobbling while you eat talk or laugh Just sprinkle a little FASTEETH on your plates This pleasant powder gives added comfort and security by helping plates hold more firmly Its alkaline formula is mon-acid Get FASTEETH at any drug store.
Luana Farmers Cooperative Elects New Officers
Luana farmers cooperative members elected Emil Lembke as president William Doerring as vice president and Ed Doerring and Elmer Mohr as directors at the annual meeting held Thursday.
MENTIONED IN THIS ARTICLE
Luana
The
Luana Farmers Cooperative Society
Emil Lembke
William Doerring
Ed Doerring
Elmer Mohr
Iowa December milk output reaches 453 million pounds
DES MOINES Iowa December milk production totaled 453 million pounds according to Leslie M Carr director of the Iowa crop and livestock reporting service. The annual total for 1945 reached 6 848 billion pounds with a 3 percent decrease from the 1943 record and cows down about 6 percent from that year.
MENTIONED IN THIS ARTICLE
Des Moines
INS
Iowa
Leslie M. Carr
Iowa Crop and Livestock Reporting Service
Carl
Straw stack crushes 18 sows on Des Moines area farm
Thaw and rain caused a straw stack on Frank J. Barlon’s farm near Little Turkey to collapse burying 18 broad sows and a boar weighing 325 to 350 pounds each. They suffocated. Estimated loss reached $1,200.
MENTIONED IN THIS ARTICLE
Decorah
Frank J. Barlon
Little
Turkey
ISU agronomy leader to speak at soil fertility meeting
Independence will host a soil fertility meeting on January 28 at the high school featuring Independence Iowa State College agronomy head for the event. The Farm Bureau and vocational agriculture departments sponsor the gathering with Jesup Lamont and Independence.
MENTIONED IN THIS ARTICLE
Independence
W. H. Pierre
Iowa State College
Farm Bureau and
Vocational Agriculture Departments
Jesup
Lamont
O Neal Seeks End to Subsidies by June 30
Edward A. O Neal president of the American Farm Bureau Federation reiterates opposition to government food subsidies to hold prices down and says agriculture will oppose any continuation beyond June 30. Chester Bowles appeals to Stabilization Director Collet for a slower withdrawal to avert price rises after subsidies end.
MENTIONED IN THIS ARTICLE
Washington (Ap
Edward A. O'Neal
American Farm Bureau Federation
OPA
Chester Bowles
John C. Collet
Center Junction Shippers Hold Annual Meeting
Center Junction Co-Op Livestock shippers reported last year 5 763 hogs totaling 1 535 827 pounds bringing 213 553 91 and 591 cattle weighing 776 105 selling for 68 064 18. Manager J B Seehusen noted marketing costs per hundred weight were 27 cents for hogs and 46 cents for cattle. Directors Frank Dawes and Stanley Waggoner were re elected. County Extension Director C B Jessen of Anamosa and John Sarsfield of Chicago spoke. Eighty persons attended the noon dinner.
MENTIONED IN THIS ARTICLE
Center Junction
C. B. Jessen
Anamosa
John Sarsfield
Chicago
Speaker at Corn Borer Conference in Ames
R. E. Buchanan of Ames, director of the Iowa agricultural experiment station, will speak on corn borer control research during the conference at the Chambers of Commerce. A Cedar Rapids native, he has taught at Iowa State College since 1908 and led the station since 1933, and advised the U S delegate at the FAO meeting in Quebec. Webster Lota Herrick of Webster sold 151 Chester White spring pigs to a Sigourney buyer, averaging 300 pounds.
MENTIONED IN THIS ARTICLE
R. E. Buchanan
Ames
Iowa Agricultural Experiment Station
Chambers of Commerce
Cedar Rapids
Buchanan
Iowa State College
U. S
FAO
Quebec
Webster
Lota Herrick
Sigourney
Chester White
Members Oil Co Sets Annual Meeting Date
Annual meeting of Members Mutual Oil Co scheduled for Monday January 28 at Electric Park in Waterloo with dinner at 11 30. Reports from directors and manager and election of directors to be held. The cooperative serves about 2000 members across Black Hawk Benton Buchanan Grundy and Tama counties. Tank truck deliveries from six bulk stations totaled 442000 in 1945, a 40000 increase over the prior high.
MENTIONED IN THIS ARTICLE
Waterloo
Mutual .Oil Company
Electric Park
O. L. Skattum
Black Hawk
Benton
Buchanan
Grundy
Tama
Skattum
Letts-Top prices at J. P. Hickey farm sale
Prices listed Monday at the J. P. Hickey farm sale fourty four percent miles northeast of here include milk cows at 150 dollars heifers at 88 dollars horses at 70 dollars hay at 14 dollars per ton straw at 60 cents per bale and a tractor at 930 dollars.
MENTIONED IN THIS ARTICLE
J. P. Hickey
Here
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