1 2 Tha Statesman, Salem, Oregon. Sunday. April 17. 1949
Swegle Qubs
Have Meetings
SWEGLE A special demon
stration in soil testing was the
program for the Swegle Road
Garden club meeting Thursday
night in the home, of Mrs. Oscar
Wigle on Swegle road.
The club's new junior profes
sional. soil testing kit was used by
Mrs. Bryan Garrison to make four
tests of samples of soil as to
acidity, phosphorus, nitrogen and
ntomVm DUn : 41.
kinds of soil will be discussed at ! JMllf JetltS at CM .fc
future meetings. There were 14 !
uSS "aiff'AS'SJSSiGive Chapel Rite
will be with Mrs. Ross Bales. j
Mrs. Richard T. Wicklander and !
Mrs. A. C. Schaffer were hostesses
Salem Chamber to
Hear Glen Wade
Glen Wade, public relations
counselor for Northwest Medical
Dental Credit bureaus, will ad
dress Salem Chamber of Com
merce at a luncheon? forum Mon
day noon.
Speaking on "Birthright or Pot
tage?", Wade will discuss trends
toward socialization in this
country. He has been lecturing
and doing research for the credit
bureaus through Oregon and Idaho
in the past year.
MONMOUTH-r-Students at Ore
gon College of Education, had
- unmi luncnwn ana socwi jvicej( in Campbell hall. The Rev
afternoon at the Schaffer home on Dudlev Strain of saJem-a Finft
Garden road Thursday for mem- christian church was- speaker,
bers of Garden Road Neighbor- Willis Kiethley conducted the
hood club. There were 12 mem- services. Harry Peters, baritone,
bers and a guest, Mrs. Jess Hatch, sang Were You There?, a Negro
present. Prizes for games went to ! spiritual, accompanied by Jean
Mrs. Paul Lynch, Mrs. George j Schriev er. Mrs. ; Florence Hutch
Hubbard and Mrs. William Hart-jingson of OCE's music department
17 J staff played an organ prelude.
GUARANTEED SERVICE
Oil All MAKES OF HOME APPLIANCES
Wc guarantee satisfac
tion on all of our serv
ice work for any make
of home appliances. We
use only genuine fac
tory parts and our serv
icemen are experts. Our
work is prompt, eco
nomical and dependable.
Give us a call soon.
Valley Farm Store Opens in Netv Silverton Rd. Building Tuesday
k0& SaH IN I SiSSSJiSsSaBBSSSaSSBSSBSBSMSl
!
This new buildinr at 4345 Silverton rd. houses Valley Farm store
. which will have its grand opening Tuesday. The building Is 50 by
100 feet, of pumice block construction, with loading platform and
space for parking and loading off the street.
I f IllAMITTI TlllIT'S UUIIC 1PPUAICC i isme riiaisuu
t salem Oregon city J
fi - .
1 J
Grand Opening
Set at Valley
Farm Store
; Valley Farm store, a new busi
ness at 4345 Silverton rd.. will
Celebrate its grand opening with
all-day activities there Tuesday.
"Proprietors of the .tore are John
and Robert Gray and Don
Schmidt, all Oregon State college
graduates and recent war vet
erans. At the newly completed
store near the Lancaster drive
intersection, Ralston-Punna farm
products are featured. The busi
ness also offers irrigation system
planning, seed of various kinds,
pet foods, garden equipment.
Featured at the opening Tues
day will be movies throughout
the day from 10:30 a.m. on such
subjects as weed control, dairy
management and comedy shorts, j
A local talent vaudeville show
will be staged at 11:15 a.m. and
j:i3 p.m. contests and prizes are
arranged for visitors. Field spec
ialists will be on hand for con
sultation by visitors on farm sub
jects.
Stayton PTA
Ballot Monda
y
STAYTON Election of officers
ana a 4-n Achievement program i
will feature the Parent-Teacher
association meet in Stayton high
school auditorium Monday night
at 8 o'clock. Dale Crabtree will
preside. j
The nominating committee com- !
posed of Mrs. Marian Klecker, j
chairman, and Mrs. Kathryn Wed
dle. William Covert and Ben Basl j
will give its reDort. Nominations
may also be made from the floor.
Mrs. C. K. Avey will be in charge
of the. 4-H program. She is sup
ervisor for Stayton.
Ice cream and cake, will be sold
after the meeting to raise funds
for 4-H summer school scholarships.
Arab sheiks flavor their tea with
mint.
Veteran Loan
Fund Increase
Up to People
The senate voted 24 to 8 Sat
urday to let the voters decide
whether the state veterans farm
and home loan fund should be in
creased by $14,000,000.
The house-passed resolution
will appear on the general elec
tion ballot in November, 1950, as
a proposed amendment to the con
stitution. I
It would also give loan privi
leges to veterans who lived in
Oregon two years prior to Dec. 31,
1950. The privilege now is rectrict
ed to veterans who lived in the
state before the outbreak of World
War II.
The measure would raise the
additional funds by permttting the
department of veteran affairs to
issue bonds up to 4 per cent of the
state's total assessed valuation. The
present limit is 3 per cent. It
would boost the loan fund from
$42,000,000 to $56,000,000 to grant
loans to the non-resident veterans.
Certain Mongolian tribes use salt
in their tea.
Mt Angel Mr. and Mrs. Bert
Ebner are leaving Easter Sunday
on a motor trip that will take
them across the country to Wash
ington, O. C, and back via Lima, be back in the earl part of May.
Ohio, where they expect I to visit
relatives. They will also maks ,
stopovers in Salt Lake, Denver,
Texas and Chicago and expect to
:. f. ... x
s
, ill- T1' " X,
-Ilk
r 2Ss. :: v : '!:
Camellias
Rhododendrons
H. L. Pearcy
Nursery Co.
North on Front St., 4 miles, turn
left at Kelzer, stay on paved
road 4 miles to Nursery.
Open Sunday 1 to 4 p. m.
Accenlualing "Eye Appeal"
Face-contour fitting . . . large variety of esters
. . . diversified number of shapes and styles . I
experienced optometrist on duty at all times! These i
four points mean greater satisfaction for you. better I
eare of your eyes, and, glaases that accentuate "Eys f
Appeal"!
Dr. Henry E. Morri
and
Dr. Kenneth W. Morris
Optometrists at1
Ilorrii Optical Co.
444 State
Phone S-882S
I 51
ml
( im
Dr. Kenneth W.
Morris
Dr. : Henry
Morris
Monmouth Federated Wom
en's clubs of Polk county will
hold the quarterly meeting Wed
nesday, April 20, at the Christian
church in Perrydale. Joy Hills.
Leslie junior high school princi
pal, win speak at the opening
session at 10 a.m. and the Rev
Sam Neufeld, Riddle, will speak
in the afternoon. Perrydale schools
will furnish music and a plate
luncn wui be served in the high
school gym.
PAINLESS
PARKER
GOOD TEETH arc important to GOOD HEALTH and
to GOOD APPEARANCE. -Both arc essential to social
and business success.
Why take a chance of ruining your health (as well
as your appearance) with diseased, ugly teeth? You can get
the dental work you need RIGHT NOW and, with ac
cepted credit, PAY FOR IT BY THE WEEK OR MONTH
on budget terms, arranged tosuit your convenience.
NO APPOINTMENT IS NECESSARY; come to the
office when convenient for an examination. Credit terms
apply to all types of dental work . . . Plates, Extractions, Fill
ings, Crowns, Inlays or Bridgework. Get needed dental
work NOW . . . use your CREDIT.
DR. PAINLESS PARKER
Dentist
125 Liberty St., Cor. State
Telephone: Salem 3-8825
Other Painless Parker Offices in Portland and Eugene
5UJ
$2$V MIUION
$1 MIUION
UV4 MKMON
10
14.5;
MIILION
tM MIUION
16
$3 MIUION
Z.4
IDIVIDIN0S) $im MILLION
0SS U LA "oSShw
1
80f
UJimndDim (M wimeiPis
gjU 5o4r nf nS)4rS scales aMIlaim9
LARGEST DOLLAR PROFITS IN COMPANY'S HISTORY
According to the bookkeepers, Union Oil Company made a net profit
during 1948 of $31,293,000.
If this bookkeeping profit represented the company's actual "take,"
our 34,035 common stockholders would be throwing their hata in
the air.
BUT HERI'S THE JOKER
v
53 of theie profit dollars had to be plowed right back into high
cost equipment, facilities and oil properties.
Another 11 had to go into working capital.
So the actual "take" profits that were drawn out of the business in
the form of dividends to stockholder-owners came to $11,320,000.
This amounted to a return of only 5.4 on our total sales of
$209,000,000, or 5.6 on the capital invested in the company.
dJJ3DE3 CDDL CIYPAEY
OF CALIFORNIA
Incorporated M Caitonum, Ocfhcr 17. 1990
Taxes In cliart do not include 135,200, 403 which we collected for Fed
eral, State and local authorities from our customers; taxes paid by our .
suppliers; or personal taxes paid by our stockholders and employ
WHY DIO WE HAVI TO PLOW BACK 4
OP OUR PROFITST
1 Under the tax laws, a corporation can set
sums aside each year to replace equipment and
oil properties when they're worn out. (Thesa.
sums are represented in "Depreciation and De
pletion" segment of big chart.) But the sums
you're allowed to set aside are based on what
these things cost when, you acquired them not
on what it costs to repiace them today. Since those
depreciation funds aren't adequate to replace
equipment and oil properties at today's prices,
w have to make up the difference somewhere
or go out of business. That's where one part of
the "profit" dollars went replacement
2 Every housewife knows that h takes more
dollars to meet daily expenses today than it used
to. A corporation's daily expenses have increased
just like the average family's. That's where the
other part of our "profit" dollars went into in
creased working capital reuijrel for day-to-day
expenditures. T