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About Oregon daily emerald. (Eugene, Or.) 1920-2012 | View Entire Issue (April 3, 1945)
Lt. James De Freest Reported as Prisoner Mrs. James DeFreest, secretary in the president’s office, has re ceived word from the adjutant geTTgral that her husband, Lt. James A. DeFreest, is now a Ger man prisoner. He has been report ed missing in the German break through of the Belgium line. One of his fellow officers es caped from the Germans and is now in Russian hands, and there is a chance that Lt. DeFreest was in the group making the escape. Ducks Place Third (Continued from page one) the Pacific coast conference. Four of the players, two from each team, gave spectacular scor ing exhibitions that equalled that of their team. Dick Wilkins, still one of the nation’s leading scor ers, tallied 23 points to boost his season’s total to 523. His team mate, dynamic Captain Bob Ham ilton, hit for 2(5 points to boost his season's total to 484 points. In Oregon's second game, March 24, battling the Utah Indians, the Ducks came out the victors, win ning third place at the w'estern NCAA playoffs for 1945 by clip ping the Indians with a score of 69-66. While the Oklahoma Aggies gained the crown, the third-place University of Oregon Webfoots won the acclaim of the fans who had never watched offensive bas ketball served to them in the man ner produced by Coach John War ren's far-western champions. By staging a thrilling comeback for the second night in a row, the Webfoots defeated. Coach Vadal Peterson’s Utah Indians 69-66 and set a team scoring record for NCAA play by totaling 145 points in two games. Oregon was handicapped by the loss of Jim Bartelt, starting guard who suffered an ankle injury be fore Friday's game, but was able to overcome this handicap to come through in championship style. la the second half of the game Cap tain Bob Hamilton suffered a cut left eye as the result of a scram ble under the Utah basket, but re entered the game in time to help stem the Indian drive and score the clinching fielder with seconds re maining. Wolf a guy who devotes tha best leers of his life to women. 19^14 HIT $277— 1 Figures can be deceiving. In the financial news of this month, Union Oil’s 1944 net profits ^ were listed at $8,932,994. Now $8,932,994 is a lot of money. But what the figures fail to reveal is that this money was divided among a lot of people. 4 This is not pointed out as a complaint, but rather to show you that while Union Oil Com pany today consists of about 169 million dollars’ worth of buildings, oil wells, refineries, ships, etc., it is owned by ordinary Americans like you and your neighbor next door. \ i 2 For Union Oil Company is owned not by one man, or two, but by 32,227 individual Americans. Divided among that many owners, the net prof its averaged just $277.18 per stockholder. Even this sum was not all paid out in dividends. $4,266,724 of the net profits were plowed back into the business. 5 These owners live in all parts of the country -516 in Oregon, 801 in Washington, 706 in Illi nois, etc. 341 are in the military services. 2913 are Union Oil employees. The average stock holder owns 145 shares. Some hold fewer, some more; but the largest owns less than lVz% of the total shares outstanding. 3 So dividends paid out averaged just $144.79 per stockholder. In contrast to this, wages and salaries averaged $3,298.77 per Union Oil em ployee for the year. Even government received more from the company’s operation than the stockholders. $4,666,270 were paid out in divi dends, $6,127,200 in taxes. 6 So it is not the investments of a few million aires, but the combined savings of thousands of average citizens, that make corporations Kke Union Oil Company possible. And without some such method of financing industry, American mass production, with free competition, could never have been achieved. . UNION OIL COMPANY • F CAllfORNIA Those desiring more complete information on the material in this adver tisement may refer to the formal Annual Report to Stockholders and Em ployees which we will gladly furnish on request. We would also appreciate any comments or suggestions. Write: The President, Union Oil Company, Union Oil Building, Los Angeles 14, California. AMERICA'S FIFTH FREEDOM IS FREE ENTERPRISE