li Tho News-Raview, Rosaburg, Ore. Thur., April 13, 19S0
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i
li lifr .
mm
AMERICAN ATHIITE-PREACHER AB R OA D cil Dodds (left), famousdi..
taocr runner, who Is In Japan on prrachlnr lour under the ausplrrs of the Pocket Testament Uaiut
of New York, talks with StU Bolllo Bowlanda at the Armed Farces radio station In Tokyo.
Price Reductions Decrease
Net Income Of Weyerhaeuser
Timber Company During 1949
TACOMA, April 13 (AA The Weyerhaeuser Timber company's an
nual report for 1949 today listed a net income of $24,633,016, a decline
of over $4,000,000 from the 1948 figure.
Commenting In the report on the company's sales picture, J. P.
Weyerhaeuser, company president, said price reductions made dur
ing the year were felt In every division of the firm.
"Had it not been for rather sharp
Increases in volume, earnings for
the year would have been more seri
ously curtailed. In l49, consoli
dated salea totaled $155,662,755 com
pared with 1136,765,538 in the pre
vious year."
"Our profit margins will prob
ably be reduced again in 1950,"
Weyerhaeuser said. "Adoption of
a pension plan for hourly paid em
ployes will add further to our costs
this year."
The president of the huge Ta
eoma firm astertH the devalua
tion of foreign currencies last year
"creates an added threat of down
ward price movement whenever t
lag occurs."
He asserted i further decline In
farm income or a drop in the level
of residential construction -could
easily causa that lag in lumber
demand.
The Weyerhaeuier company
manufactures three percent of the
United State's total output of lum
ber and plywood and two percent
of the pulp, the statement said.
Some $19,785,098 was spent on
plsnt additions and replacementa
during the year. A $96,000,000 out
lay has been made In the past
eight years for development of
various Weyerhaeuser projects.
Dividend payments for 1949 total
ed $9,274,74863.00 per share. This
same dividend waa paid in the
previous year.
The report aaid Issuance of 67.-
369 additional shares of capital
stock was necessary in 1949 in con
nection with the mergers of the
White River Lumber company and
Willapa harbor lumber mills.
Sen. Vandenbercj Hai
Operation For Tumor
WASHINGTON. April 13
The condition of Senator Vsnden
berg (R-Mich) who underwent a
tumor operation Tuesday, today
was reported "satisfactory" by his
physicians.
In a statement issued through
the senator's aides, Dr. Robert F.
Owen said:
"The condition of Senator Van
denberg Continues to be saiisiae
tory. There are no complications."
Preliminary laboratory findings
showed no evidence of cancer.
Erase Treason
Suspicion, Taft's
Urge On Truman
WASHINGTON, April 13. (JP
Senator Taft ,R-Ohio) demanded
today that President Truman
"eliminate any suspicion of trea
son" from the administration "if he
can."
Taft, chairman of the Senate Re
publican policy committee, also ac
cused Mr. Truman of libeling Sen
ator McCarthy (R-Wia) and of pre
judging . McCarthy's charges of
Communism in the State depart
ment. Taft expressed his views on the
Investigation of McCarthy's
charges in his weekly column,
"Washington report," to Ohio news
papers. He sharply criticized Mr. Tru
man for declining to give the in
quiry committee access to FBI files
and other confidential government
loyalty records. He also declared:
"The pro-Communist influence in
the State department has been re
flected in a strongly pro-Communist
policy in the far eastern divi
sion (of the department), and a
strongly pro-Communist policy in
China which succeeded finally in
delivering China and perhaps the
entire east to Communism."
Then Taft added:
"Whether Senator McCarthy has
legal evidence, whether he has
overstated or understated his case,
is of lesser importance. The ques
tion Is whether the Communist in
fluence in the State department
still exists.
"Every member of the adminis
tration ouiht to 1
that question determined finally
Gold, Silvtr Production Increased In February
WASHINGTON (jfV-Daily mint
production of gold and silver dur
ing February was 14 percent and
11 percent greater, respectively,
than in January, the bureau of
mines reports.
The bureau estimated February
gold production at 172,016 fine
ounces compared with 166,811 dur
ing January.
Output in South Dakota rose four
percent to 49,322 ounces, the high
est monthly total since 1942.
California output increased 11
percent to 37,120 ounces, and Utah
one percent to 35,575 ounces.
Other gold production totals for
February: Washington 7,700 fine
ounces; Alaska 2,700: Oregon 520.
Silver production during Febru
ary totaled 3,202,408 fine ounces
compared with 3.181,880 in January,
including:
Idaho 1,193.000 fine ounces: Wash
ington 32,000; Oregon 210; Alaska
331.
and conclusively. The President
above ail, instead of libeling Sena
tor McCarthy and prejuding the
entire case, should be anxious if
he can do so to eliminate any
suspicion of treason from his own
departments."
Atlantic City Urged To
Be Polite To Visitors
ATLANTIC CITY, N. J., -(.Pt
The tourist is always rignt, At
lantic city citizens are being told.
As far as the Chamber of Com
merce is concerned, grumpy resi
dents can jolly well stay indoors.
A leaflet to be distributed in
this resort and convention town
says that "without visitors there
would be no Atlantic City." and
persons who "lack the intelligence
or the desire" to realize this
"should avoid contact with our
visitors."
"Never argue with a visitor,"
the leaflet aays. "Adjust the matter
at once to the visitor's satisfac
tion , . . never be rude or fresh "
It also urges residents to say
"yes, sir" instead of "yeah" to
visitors.
rzi
rETTI 20000
i"'x'-ri-
IVM-i V 39750001
r
One TV Set for Every 4 Families by 1951
12,900,000
There will be on television set for every four families in the United States by the end of (hit year,
according to estimates of the National Industrial Conference Board. The Newschart above shows now
television set production baa boomed from total of 6500 in 1946 to an estimated 4,500,000 this year.
It's More Fun to Read This Page If You Have An Ad Here
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Specials
Friday
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April
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DEL MONTE
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46-OZ. CANS
24c
WHITE SATIN
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10-LB. BAGS
89c
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Phone 26
SWANSDOWN
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35c
SNOWDRIFT
3 LB. CANS
79c
OXYDOL
SOAP POWDER
LARGE BOX
24c
5-LB. PAILS
BRADSHAW'S HONEY 69c
HORMEL'S PIGS FEEK 25c
PINK SALMON
16-OZ. CANS
39c
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33c
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Henninger's
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NEW SHAFTER
POTATOES
U. S. No. 1's
4 lbs. 25c
OREGON GROWN
DRY ONIONS
4 lbs. 15c
GREEN ONIONS or RADISHES
Fresh Doily
Bunch 5c
ZUCCHINI SQUASH
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SMALL TENDER SPEARS
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3 lbs. 25c
FRESH SNOW WHITE
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ARIZONA, SWEET, JUICY
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