Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-03-02
cQNslogRADLE MONEY BEING
MADE IN CIRCULATION IN
oIrv PROPERTY.
DulLoiNo MArRRiAL
PRICES OUT OF SIGHT
NSsIdsnsss Double In vslus During
Past Five Ysars-Psspls Asrssdy
{, orAsrine CsAl for Next Winter
Scarcity Continues and Frs'sht
Will Increase.
lpeclal to Times . Republican

Special to metropolitan.
Traer. March IA Tama county
contractor submitted lumber bill
for 4 big barn to q dealer here on
Feb. g.. The amount OF the bill waA
about $4,000. Just three weeks later
tho dealer. expecting TO hear from
the contractor who up to that time
had not yet bought his lumber. CALLED
up his source OF supply and learned
that prices had risen in the mean
time 20 that the bill necessarily re-
vised would amount to t2.10o. In talk
ing about this condition Of affairs the
lumberman showed quotations that
he received from a wholesale house
during tho period from Aug. 1. last
TO the present time. The item OF
clear quartered red oak for flooring
was priced Aug. at SfS5 per
thousand feet. In statement is
sued Sept. 81, it had risen to Se2s
Oct. %. 1t was up to 245. Dec. /. the
PRICE Hdu TISeh " S-oP, anu 49, -
1t was $275. In the next statement no
quotations appeared. The stun
evidently was literally as we'll as fig
urativeIy out of sight This dealer
says that dimension lumber has
doubled in price in the last three
years.
While all this was being explained
n resident OF the town entered the
office and remarked. II built my
house just in time. 1t cost me $4,000
six years ago. It could~not be built
for $4,000 now
: In another town there lives man
who also in past years builded wiser
home at a cost Of about $1,000. A
little later he sold out at a gain Of
$1,000 and moved to California,
where he expected to end his days
IN pleasure and comfort in that land
Of mild sunshine, blooming flowers
and paved highways. He was about
twenty years too young to he salts
fed with the situation. however. and
with his family came hack to Iowa
and five years ago built another
house. a good one this time. for it
cost him $4,000. Now to show what
can happen in building values In
Ave short years. A friend Of this
family. an architect and builder, Wis
ting at the home looked the house
over and informed his host that re-
placement Of It at the present time
would necessitate an outlay OF
about $4,000. One of the rooms is
finished in mahogany and there are
other materials entering into the
construction Of the building that or
binary mortals OF these days do not
care to attempt to incorporate into
the construction or their homes.
We have had our attention called
to the big gains made in holding
Iowa land or in having invested in
this form of property so that the
rise Of the last few years might be
obtained. but the same thing could
have been and has been done in in
vestment In houses and business
property. in towns every where. Not
outstanding this greatly increased
expense Of building it is said that
more Of this kind OF work will be
done in this vicinity than has been
the case for several years. This in
cludes building both in town and
country.
This is the way coal dealer, Mr..
Walters. of Traer. sizes up the fuel
He says; Il have bin room
for several Numbered tons Of coal.
also have the demand from would,
be customers. In fact more than one
Traer resident already has put in
his fuel supply for next .>Hinter. At
present Gan not get any coal. But
wait until the new freight rates be-
come operative. Coal will be plenty
then and will pay more for it too.
the customer will pay
more than he would if he could buy
now as he would if 1 could deliver
the goods.
Judging from the remarks Of men
interested IN >the cattle feeding busi-
nesS in these days something needs
attention in that line also. A party
Of these on train the other day
exchanged experiences In which
there were numerous instances of
buying feeders feeding them out and
taking returns showing in some cases
veritable donations Of lot OF high
priced grain and other feeds to say
nothing OF loss or time which also
runs up the expense account sur
prlsingly. The stock feeder is unable
to reconcile the advancing meat
prices with the news told in his
market reports and nobody seems to
be able to explain the matter to him
@
Below is q list Of publications to
which Mr.. G. "A, Arnold Of Klemme.
Iowa, Is q regular subscriber. It Ii a
good answer to the objection fro
made. "I'm too busy to read"
for Mr.. Arnold is busy man. Here
ls what he pays for:
Times Republican; Des Moines
Register; Christian Herald; Wal
lace's Farmer; Breeders Gazette;
Prairie Farmer; Iowa Agriculturist;
and kimball's Dairy
Farmer.
\ \ c. e. Wilson.
.