Oregon daily emerald. (Eugene, Or.) 1920-2012, April 27, 1953, Page Four, Image 4

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    Personal Library Contest Open
Entries are due May 8 in the
personal library contest sponsored
by the Co-op, the library,■* and
campus literary groups. Awards
totaling $200 are offered, accord
ing to Bernice Rise, browsing
room librarian.
The contest has four divisions,
r. generalized and specialized cate
gory for both graduate and under
graduate students. A general li
brary includes a wide background
of books from many fields and the
specialized library centers on one
field and those directly relating to
it. From 20 to 50 books may be
entered in either field, Miss Rise
said.
In each category the first prize
is $25 in books, second prize is
$15 in books, the third prize is
$10 in books. Winners will choose
their books from the Co-op.
In judging, the total number of
books or the cost involved Is not
considered. Books should include
those which have a particular
meaning for their owner and re
flect a broadening interest on the
part of the collecter, Miss Rise
stressed.
Campus Calendar
Noon Emcr Bdgt Comm
Art Gal
1:00 Home Ext
AF ROTC
4:00 Mortar Bd Dec
113 SU
313 SU
334 SU
315 SU
111 SU
TODAY'S STAFF
Mako-up Editor—Kitty Fraser
Night Editor—Dorothy Iller
Staff—Bob Patterson, Andy Sal
mins
Today on KWAX
6 p. m. Sign on
6:03 Piano Moods
6:10 News Till Now
6:30 Campus Interview
6:45 Here is Spencer Snow
7 People Under Communism
7:30 Showtime
8 World in Review
8:15 Campus Recital
8 :45 News Roundup
9 KWAXworks with Don Parr
10:57 Sign Off
There are five million Catholi
in India.
I
The employees?
NO! In wages, salaries and benefits, our employees received 14%tf out of every
dollar paid in by Union Oil customers during 1952.
Our payroll, including benefits, totaled $50% million. Divided among our 8,756
employees, this amounted to an average of $5,810 per person.
The shareowners?
NO! Our profits in 1952 were $2732 million, or SlU of each
customer’s dollar. Of this amount, our preferred and common
shareowners received 3Vi< per customer dollar. Total dividends
paid to our 40,302 owners of common shares averaged $201.34
per person.
UNION OIL COMPANt
OP CALIFORNIA
r INCORPORATED IN CALIFORNIA, OCTOBER 17. 1690
The remaining profits of W\< per customer dol
lar had to be returned to the business to help
pay for replacement of worn-out equipment and
necessary expansion required by the West’s greatly
accelerated demand for petroleum products.
The tax collectors?
YES! The federal, state and local tax collectors
got of every dollar paid in by Union Oil cus
tomers. In other words, they got more than five
times as much as the owners of the business and
one quarter more than Union Oil employees.
The remaining 58W4 of the customer’s doll*.,
was divided among the many costs of doing busi
ness: raw materials, transportation; interest on
borrowed money; and wear and tear of facilities
and exhaustion of oil and gas reserves.
To ium it op—1952 was the best sales year in our
62-year history. Yet the 40,302 owners of our
business received only a fraction over Stf from
every customer’s dollar. That’s far less than many
people in this country believe goes to the owners
of a big business.
This series, sponsorea by the people of union Oil Company, is dedicated to a discussion of how and why
American business functions. We hope you’ll feel free to send in any suggestions or criticisms you
have to offer. Write: The President, Union. Oil Company, Union Oil Building, Los Angeles 17, California.
Manufacturers of Royal Triton, the amazing purple motor oil