La Grande observer. (La Grande, Or.) 1959-1968, June 11, 1959, Page 3, Image 3

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    f Observer, La Grande, Ore., Thurs.,' June 11, 195
Page 3 1
WORK AND PLAY The Bible School now being held at the First Baptist Church of
La Grande, includes working with colorful workbooks in connection with the Bible'
story. Shown here, seeking ,an answer to a question are Rodney Kalmbach, son of
Mr. and Mrs. George Kalmbach and Patti Jo Hansell, daughter of Mr. and Mrs. D. A.
Hansell. Thee are periods of play and handcraft also included in the day's schedule.
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Teamster
Crackdown
Predicted'
.. .
WASHINGTON (UPIl New
.1 crackdowns on corruption in the
i canisters Union were forecast
today as a result of a;i Aupellate
' Court order directing Teamsters'
resident James 1. Hoffa to com
ply with reform recommendations.
A source close to the board of
monitors named to ride herd on
the way Hoffa runs the giant un
ion told United Press Internation
al that "Hoffa will really have to
toe the line now."
The court ruling laid out ground
rules for the monitors' cleanup ac-
: tivitics. This should minimize
Tll-mido. nnnncilinn In Ihiil fan.
ominendations. the source said.
Hoffa told a meeting of Teams
ters Joint Council 73 in Newark.
N.J., Wednesday night that the
union would fight the decision
through further appeals.
"While we may not like it,"
Hoffa said, "it is a decision of a
! U.S. court and deserves respect
and dignity. But I assure you it
is only a matter of time before
our lawyers draw up the papers
and carry this on to another ap
peal." The appeal would be addressed
to the Supreme Court.
Hoffa's setback came Wednes
day at the hands of the U.S. Court
of Appeals. It rejected a Teams
ter bid to overturn the broad anti
corruption program laid down by
the monitors and approved by
Federal Judge F. Dickinson Letts.
The three-man appeals court
said the monitors have only ad
visory powers. But it ruled that
the 1,500,000 member Teamster
Union, the nation's largest, must
carry out the recommendations if
a federal court approves.
The decision also gave Letts
power to veto a special union
convention called by Hoffa to con
duct new elections and end the
monitors' supervision of Teamster
affairs.
Iff !5rv
$ if ' 1
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I . v J Mi
MISSING A widespread
seaicli is being conduct
ed for Linda J. Millar
(above), 19, missing since
May 30 from her dormi
tory at the University of
California, Davis. She is
the daughter of mystery
writers Kenneth and
Margaret Millar of Santa
Barbara.
Postmaster Talks
To Lions Club
A brief . history of the postal
service was presented to La
Grande Lions club members at
the weekly luncheon meeting
Monday at the Sacajawcu hotel
by Victor Eckley, postmaster.
"It is the aim of the postal ser
vice to eventually develop a sys
tem that will result in today's
mail being delivered within 24
hours, anywhere in the country,"
Eckley told the men.
He illustrated his point with
a movie showing new types of
postal machines now in use, and
devices befcig developed for the
tuture.
Guests at the meeting were the
Rev. Keith Mills of La Grande
and Col. C. A. Peters of Fort
Lawton, Wash. Program chair
man was Dave Baum.
XI Farewell To 48-Star Flag
To Keynote Flag Day Event
SHEPHERD AND HIS FLOCK One of the many Bible Schools now being conducted
in La Grande is this one at the First Baptist Church. Shown here is Steve Bolin, son
of Mr. and Mrs. Ralph Bolin, dressed as the shepherd of The 23 Psalm, which this
Primary group is studying. Following the.story in the Bible is Shirley Rimbey, daugh
ter of Mr. and Mrs. Gtald Rimbey.
. j :
Paper Company Introduces New
Simplified; Annual Report Form
By ELMER C. WALZER'
UPI Staff Writer
NEW YORK (UPIi-Scott Paper
Co. has introduced an innovation
in its annual report that maJS set
a pattern for industry in telling
its story to the many stockholders
of American corporations.
Scott simplified its regular re
port to implant its image in the
minds of college students. It was
part of its educational program,.
' Wall Street experts - who have
seen the report look on it as a
method of making clear the opera
tions of big business in a way tha'.
the novice stockholder can under
stand, t .
' The company took its regidar
report and inserted annotated
partial pages keyed to text and
figures. Each item is explained
simply so that it can be read
without reference to special book
lets 0 other texts.
Thomas B. Mc Cabe, pres dent
of the company, said tlje spe
cially prepared report,' beliWed
the fifst of its kind, was designed
"to provide students with an ex
planation of a corporate annual
report in everyday language in
order to promote a better under
standing of business operations
and their significance in IhcTjcn
cral 'economy."
Used By Colleges .
The report has beep sent .to
252 colleges throughout the
country without cost for use in
their business and economics
courses.
Special attention is devoted to
the consolidated financial state
ments, the shareholders' , inves
mcn, and other significant items.
"This- unique student edition has
been undertaken," Mc Cabe said,
"because we firmly believe that
it is the responsibility of industry
to provide all possible help in
telling the story of free competitive
enterprise and its vital role in our
economy."
Wall Streeters. scanning the re-
porU as annotated for .coltogc
students, noted Hot this type of
report would be espwafly valua
ers springing up all over: the
nation.
The sophisticated stockholders
could read the regular report
without bothering with the an
annotations while the novices in
finance and there are many at
present could profit from the ex
planations. Simplifications are broad and
in clear, concise language.
Clear Definitions
For example, the item depre
ciation and depletion is explained
as follows:
Scott has various kinds of
plants, equipment, and timber-
lands which become worn out or
Bull, Calf Sale
At Enterprise
Wallowa County Hereford As
sociation will hold a bull calf
sale at Enterprise next fall on
November 7, according to Elgin
Cornett, county agent. . o-
Sale committee' appointed by
President Vernon Hays includes
Gene Van Blokland, Walt Stein
and Bill Wolfe.
Clayton Tschirgi of Fruitland,
Idaho, will auction the calves af
ter they are judged by the gen
eral public who will be asked to
fill in cards for each class.
'Demand for Wallowa county
bull calves is increasing and a
sale 'should provide cattlemen an
opportunity to contact producers
cf quality cattle," Cornett stated.
For ranchers who like to buy
young bulls and grow them at
home, Wallowa county breeders
offer a new type sale but older
cattle are available from breeders.
"Purebred cattle is tine of
the fast growing industries in
Wallowa county. Natural advan
tage in weather and forage helps
tc produce top quality that will
satisfy," Cornett added.
The opossum is the only animal
in the United States that raises
its young similar to that of the
used up. . . frequently over
period of many years.
Annual amounts to measure
this using up 'depreciation for
plants and equipment; depletion
for timber i can be fairly esti
mated by experience and must be
includcdd as part of the cost of
doing business in every periodic
calculation of net income.
And for. net current assets:
"The difference between the to
tal of all current assets and the
total of all current liabilitfes.
This is how much Scot would
have loff if it collecttd its receiv
ables, liquidated all Its inventor
ies at cost, and paid its current
debts. , This difference is some
times called 'working capital
which every company has in
amounts dependent on the nature
and volume of its business and
the judgment of its management.'
Good Will Fund
Patents, trademarks, and good
will are carried in the balance
sheet ' at $1 with the annotated
explanation: "This $1 is a re
minder of the fact that all that
Scott has ever spent to promote
and improve its products has been
treated as expense when paid."
And so on each item is taken
up in sufficient detail to make it
perfectly clear in reading the re
port.
. The novice, stockholder doesn't
like to go around asking what
each , item in a report means.
Here he would have all the in
formation needed for a thorough
grasp of the report.
Further details- could be ob
tained from other sources for
those who wanted to pursue the
subject in detail.
This type of annual report
might well be circulated gener
ally. Once the report is laid out
the printing and binding wouldn't
raise the price much and it might
well mean that the report would
be read by a great many more
people.
It just might be the means of
nreventing the stockholder from
tossing his company's report in
the wastebaskct without even giv
A farewell salute to the 48-star
flag will keynote this year's ob
servance of Flag Day, June 1L by
the La Grande Eiks Lodge at
8:15 p.m.
Exalted Ruler Ed Draper to
day invited the public to join
with the Elks on June 11 in tri
bute to the flag "which has been
the proud symbol of freedom for
47 years."
The addition of a star to Old
Glorv's union on July 4, repre
senting the new state of Alaska,
vill be the first change in tnc
flag since 1912, when New Mex
ico and Arizona became the 47th
and 48th states. A fifitictli star,
for the state of Hawaii, is soon
In be added,
Ed Draper also urged citizens
of La Grande and surrounding
community to fly the colors be
fore their homes and places oi
business tn June 14.
This vcar's Flag Day observ
ance will commemorate the 182nd
anniversary of the adoption of
the design for the flag by the
Continental Congress on June 14,
1777. Congress resolved men
"that the flag of the United
States be 13 stripes alternate red
and white, that the union be 13
stars in a blue field representing
a new constellation.
"As we raise the flag on June
14, let us remember that it was
the proud successor to that first
flag under which our gallant
forefathers fought and won for
us our independence," Draper
said. -
"Let us remember the brave
men who fought under our flag
of 48 stars at Chateau Thierry
Omaha Beach and Pork Chop
Hill to preserve our heritage of
freedom. As we welcome the
new stars to Old Glory's firma
ncnt, let us resolve to remain
faithful to the traditions and
principles symbolized by those
stars and stripes.
Col. David C. Baum, Oregon Na
tidnal Guard, and Chief F. H
Williams, U.S. Navy, are guest
speakers.
Mrs. Waldo Wilde of Union
will be guest soloist with H. Av
ery Millcring, accompanist.
The public is invited to attend
the observance at the Elks Lodge
tuilding.
SAVES HANGING CHILD ,
LYNBROOK. N'.V. (UPI) - A
32-year-old mother saved a neigh
bor's child from hanging Sunday
when she climbed a five-foot pick
et fence and applied artificial res
piration. Mrs. Helen Whitehurst
who has two children, jumped the
fence when she heard her 4-year-
old daughter's screams and saw
Cindy Tuzzo, also four, hanging
limp from a swing with a noose
around her neck.
CAMPAIGN DECISION COMING
WASHINGTON (UPI) Sen. Hu
bert H. Humphrey (D-Minn.) says
he will decide this fall whether
to seek the Democratic presiden
tial nomination in i960. Humphrey
soid some of his friends have
considered entering him in the
Wisconsin election primary.
FOR ATHLETE'S FOOT
USE KERATOLYTIC ACTION
BErAtlflP I -i i -if . - if-,..i
kin. Tk.n witcb fr..h. hullhr ln
nplact II. Cot ItuUnt-drrfnc T-4-L
..4u'd' kcratolytlc, at any drur tora.
" tin dllht)d In 3 DAYS, your
back. Um T-4-L FOOT POWDER too
low ",,t,U' MOtklof aroMclioa.
" PAVLEM DRDO
Wagons Camp
Overnight At
Historic Rock
INDEPENDENCE ROCK. Wyo.
(UPI) Historic Independence
Rock, located some 60 miles west
of Casper, Wednesday became the
site for an overnight camp of the
Oregon covered wagon train.
For the past three days the
train of seven wagons has been
crossing the Sanford Cattle Com
pany ranch, a holding of nearly
500,000 acres on which 5.000 head
of cattle are grazed.
Ivan Hoyer, news director for
the Cavalcade, found that modern
reporting became a problem In
central Wyoming when he discov
ered the nearest telephone was 17
miles from the overnight camp
ground of the wagon train. That.
phone was reached by a back
country dirt road.
Dinner And Dance
The Centennial wagon train per
sonnel were treated to a chuck
wagon style chicken dinner Wed
nesday evening by the Sweetwater
Homemakers Club. The Club con
sists of a group of ranch wives1
living in an area some 100 square
miles around the famous rock.
The dinner was followed by a
dance. '
Today the cavalcade headed In
to the remote Three Forks area
of the state.
A telegram was sent to wagon
train members Wednesday by the
Oregon Centennial Exposition and
Trade Fair opens. "We await your
arrival with great pleasure and
assure you of a welcome worthy
of your contribution to our 100th
birthday." The train is due in In
dependence, Ore., Aug. IS.
LAST LAUGHS
Daddy loves welkins in the
ilippert from La Grande Shoe
Store to much he cant (top.
LA GRANDE
SHOE STOBE
1214 Adam
HYDE'S o Island City
Holiday
OLEO
sJjo
Lbs.
; Nabisco
Vanilla Wafers
OS?
No. 2V2 Tmt Sonpakt
Mandarin
Oranges
2 Tin. S)
1
Local Farm
Fresh Eggs
AA Large
2 . 79
AA' Extra Large
2. 89
GERBER'S STRAINED
Baby Foods or Juices
110-89'
46-OZ. HI C JBl Otfilc
Orange Drink.. S tins B!yl
303 TINS SUN VALLEY CREAM STYLE OR
WHOLE KERNEL l JffR -
CORN 41 lins 6Sr
24-Oi. Jar Frisbie'e
Tall Timber
SYRUP
SIJoo
JARS .U
3-Lb: Tin Spry
Shortening
303 TINS LIBBY'S
Deep Brown Beans
S Tins For j
NO. 2V2 TINS INDIAN GEM
FREESTONE
Peaches...
3 Hns sa
BLUE STAR FROZEN Wm P nn
Heat Pies..:.... lor SH0
Special 91c Value
Sic
HALF PINT MEADOW GOLD
WHIPPING CREAM
1 PKG. DAVIDSON
CUP CAKES .
. 1 CUP WALLA WALLA
STRAWBERRIES
GIANT PACKAGE
Sic
HYDE'S MEA TS
EA
rap y
HYDE'S PRODUCE
Skinless Weiners Fresh
O., . c Green PePPers
GOOD GRADE
IBeeJrPoi Roasts, Ripe Cantaloupes
ib. Sir ib.
Good Grade ' . pjnk
BibSieaks.--.-Jb. Srapefruii 5 for ljC
WellsDaviei .. - Fresh Sweet . ; gm ' : r s-t
Pure lard...8lbi.- 89 ' Corn ... . 6 flQ
uu
STORE HOURS
70 AM. to 6:30 PM. , Wlcday; 8.:00 A.M. to 1:00 PMl Sundays
ble for the many new stockhold-1
Australian kangaroo.
ing it a once-over.
,i ...