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Sioux Center News Newspaper Archives Dec 21 1977, Page 1

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Sioux Center News (Newspaper) - December 21, 1977, Sioux Center, Iowa Northwest binding co. Xxx Box 244? p Lincoln neb. 68506 ilm lists findings inflation recession causes still a question Mark Sioux Center news service in a special report to the Sioux Center news the Iowa labor Market ilm said that the phenomenon of both inflation and recession happening simultaneously is still being the ilm reports that no one conclusive reason has been found. Further the group said s highly doubtful that any one Factor can effectively explain the occurrence that Northwest iowans and the nation is experiencing. Ilm views the latest inflation in the midst of recession As a new More virulent now than Ever what most of us Are experiencing at this time is an increase in the amount of currency in circulation coupled with a relatively sudden and Sharp drop in the value of the Dollar and n upsurge in prices. In other words the Iowa labor Market explained s a general increase in Price and wage Levels and the value of the Dollar Falls. At the same time they reported to the news the Cost of living rises for those persons who live on a fixed income suffering the most. The news in following the report has called upon a number of area persons to obtain their observations of the current economic attitude inflation most persons contacted agreed create a complicated fabric of relationships Between Price and Cost entities a whole network of wages and production costs prices of consumer goods and services and asset values . Economists along the same line Point to a series of alleged inflation causes increased Money Supply too great a demand for goods and services rising costs of raw materials artificially High profit margins Scarcity of goods the status of capital and availability of workers. One attempt to explain the inflation recession syndrome of today is that it s related to the Cost push Factor As distinguished from the pull of deman where demand exceeds Supply and spurs prices upward. Cost push has several connotations depending upon who s using the term. Some refer to it As wage push the theory that Strong Union action can push wages up despite a falling demand. In turn business and Industry Are forced to counterbalance these wage hikes by raising consumer prices. Others see the Factor As profit push the notion that growing monopoly Power enables business and Industry to raise prices even in the face of declining demand. Economists View the phenomenon of inflation during a recession As Cost push. On the whole inflation is More detrimental than beneficial. During any period of comparatively High inflation the Dollar buys less. Consumer costs in the Purchase of goods Rise As the Cost of raw and finished materials of business and Industry increase. Inflation also tends to camouflage basically inadequate businesses according to ilm. These firms May sell at inflationary prices their products manufactured from Low Cost materials. This can result in the inefficient use of resources which can lower the productivity of the Economy As a whole. Another example of the inequities caused by inflation is that the Price of land is pushed to astronomical Heights by investors seeking a hedge against an expected continued erosion of the Dollar s purchasing Power. This practice brings hardship to farm operators since the Price of land is higher than the value of the products it can yield. An increase in Farmland is therefore not feasibly profitable. To a lesser extent the same process is at work in respect to other types of real estates such As commercial buildings and other rental properties. In making its report the ilm presented its assessment of the economic situation in Iowa. It found. Continued on Page 12 a Christmas Light winds May blow the Snow May fall the roads become icy but Christmas is everywhere in Sioux Center As the decorations on this High Post Points out. The City s decorations can be seen for nearly a mile North and South and Are one of the most inviting displays in the area. School Board educators group reach tentative contract agreement negotiating teams of the Sioux Center Community school Board of education and the Sioux Center education association representing the 64 teachers in the school District have reached tentative agreement on a contract covering the 1978-79 school year. Approximately Twenty five hours were spent at the negotiating table covering a total of 12 meetings. Negotiations began on october 14 and concluded on december 14. The base salary for a beginning teacher with a Bachelor s degree increased $500, from the present base of $8600 to $9100. This is a base increase of 5.81%. The salary schedule Structure remained the same with an Index of 4% at some Steps and 5% at other Steps. Total Cost to the teachers of 7.74% r Over the 1977-78 negotiated contract in salaries alone. Individual raises will Range for full time teachers from $755 to $1493. The average for the 64 staff members will be $979. Many other items in the contract were negotiated with Only slight revisions affecting some articles including holidays staff weather report. Date High Low 12-15 51 24 0 12-12 45 24 0 12-16 44 34  a t 12-13 45 . 27 0 12-17 40 32 .93 12-14 42 . 20-" 0 12-18 33 24 t u r i the Dir do College concert band is gearing up for a tour of Ihei a "8 it a a Nowr 18. The/70-Mcmbcr ensemble a Der Foj a a my i to is a a 1 a & a m reduction temporary leaves grievance procedures and sick leave but no strike clause. I copies of the new contract May be viewed at the superintendents office if anyone would desire to do so. The contract will go the the Sioux Center education association for ratification and then to the full Board of education for its acceptance. When contacted by the news the education association declined comment. Continued on Page 8 the Sioux Center news published in Sioux Center Iowa volume 84 number 52 county unemployment at $41,234 for october jobless workers across the state were paid a combined total of $7,712,613 in unemployment insurance benefits in november according to the Iowa department of Job service. In Sioux county the total amount paid out in unemployment checks amounted to $41,234.11 in unemployment insurance and Federal compensation combined. Unemployment insurance benefits Are paid under the program of unemployment compensation for Federal employees and for sex servicemen. The $7-million figure was disbursed by five state and Federal programs it represents an increase of $1,117,960, Over the combined benefits paid to iowans in october. Much of the Over the month increase the Job service said went to construction workers idled by seasonal weather conditions to food processing workers mainly due to Large Plant closings and to electrical workers primarily because of a Large Plant cutback. The remainder of the jobless payments boost from october was spread across the state s business and Industrial sectors and attributed largely to seasonal the City Council on saturday morning authorized a Resolution to oppose the possibility of a state liquor store opening up in Sioux Center. The vote was unanimous and the Resolution will be sent on to the Iowa liquor control Council in response to its dec. 7 request that the Iowa legislature appropriate funds for eight new state owned liquor stores a  / a a. A Twenty cities in the state were listed As possibilities for the eight new stores with Sioux Center among them. The Resolution asks that this Community Noi be considered for one of the stores. In other City Council action at saturday s. Special session mayor William Mouw and councilmen Ross Vernon e. John Kosters met Schouten Willis Alberda and Dale Den Herder All took the oath of office for the new two year terms to which they were elected in last month s election. Local citizens will very shortly have the Opportunity to review the Sioux Center therm Ogram revealing heat losses in Homes Texas instruments conducted the infrared photography Over the City on an Early december flight the therm Ogram is expected to arrive for display at the City office. Sometime within the next month. Residents .4 bulb Welcome to examine thatch Pat acid factors. The Job service released other information pertinent to payments. Since the Start of the 1977 Calendar year state and Federal programs have paid a combined total of $108,445,307 in jobless benefits to eligible unemployed iowans. By contrast during the first 11 months of 1976, the combined amount of $134,739,117 was paid. In Sioux county the total civilian labor Force is 14,080. There Are 240 unemployed leaving a 1.7 unemployment rate in the county As compared to state figures. The employment total for the county reads As follows there Are 8,600 non agricultural wage and salary people employed in Sioux county. Those self employed comes to 2,010. In agriculture there is 3,230 persons gainfully employed. Other counties were included in the report. Of Lyon o Brien and Osceola counties Sioux county had the largest number of persons reported unemployed. Osceola showed 90 persons o Brien 160, and Lyon 100 in an a employed status. Sioux county however had the greater civilian labor Force of the four indicated. Liquor store gain an interpretation revealing the efficiency of their Home insulation. Dort College and the City will be working jointly on the sales of Industrial Revenue Bonds As the result a memorandum of agreement reached Between both parties saturday. The Council studied and considered Dort s plans for Campus improvements and authorized the memorandum of agreement and a january 11 hearing Date for that topic. Bond sales would be conducted by the City on behalf of the College. The City Council is also going through with a plan to go Forward with county wide transportation for the elderly. This is something currently being studied by the area Council on the aging. The purpose of the study is to provide full county transportation for the elderly in All Sioux county communities. Sioux Center would be involved to the extent that its transportation unit would be shared with other communities for transporting elderly citizens under the proposal. Routing details still have to be devised and further study is pending. The Date of this program s beginning is still indefinite1 a hearing will take place at City Hall 5 . On dec. 30 Over the subject of Gas and Revenue Bond refunds the hearing will be wednesday december 21,1977 Dekoster names members to three committees senator Lucas j. De Koster a Hull last week announced completion of his legislative advisory committee this committee is comprised of a group of Active citizens from the first senatorial District with varying special interests. De Koster said he expects this committee to give him added insight into the particular interest areas of each committee member. Members of the committee and their area of interest Are agriculture Glen Gregg Hawarden Darrell Siebens Akron and Dewey Mel Lema Rock rapids. Education teachers Thomas l. De Koster be Mars Lolita Smith Rock rapids and Dennis Wright Hull. Administration Public schools Nick Hulst Rock Valley and Vance Stead be Mars. Private elementary and secondary schools Marion Vansoelen Sioux Center John l. De groot Hull and Lewis Arkema Orange City. Private higher education Virgil Rowen Horst Orange City and . Haan Sioux Center. Local government county Bernard Smith Hawarden Fred Riter be Mars and Dwaine Berg Rock rapids. City Darrell Rensink Sioux Center an Roberta Heuser George. Agr business Paul Munzenmay in Wood and Lloyd Vermeer Sioux Center. Women s affairs Barbara Anderson Rock Valley Mary Sturges be Mars Karen Boeyink Alton Vera Tepaske Sioux Center Joyce Lukkes Orange City and mrs. Delbert Vander Haar Orange City. News late next week because of the Christmas Holiday the Sioux Center news office will be closed on monday dec. 26. The news will be late coming out on thursday dec. 29, rather than on the traditional wednesday Date. Held for discussion of the possible sales and refunding of Gas and Revenue Bonds a finally councilmen considered a budget

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