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About Eugene register-guard. (Eugene, Or.) 1930-1983 | View Entire Issue (Oct. 21, 1954)
Register-Guard, Eugene, Ore. 1QD Thurs., Oct. 21, 1954 ITEMS FROM Big Concerns Boost Profits NEW YORK Wl Some big boys are sweetening the profits pudding. Their gains in nci in tnma sffAi navini? lower tax- es offset the sourer reports of many smaller businesses for the summer quarter. The first 50 corporations to report their net profits after taxes for the three summer months exclusive of financial institutions and railroads show ed combined earnings 12 per cent higher than for the same three months of l9oi. But weighing heavily in that icale are the increased profits of such big companies as Ameri can Telephone & Telegraph, Du Pont, and General Electric. Oth er companies whose earnings were sharply up this summer over last include Continental Can, Kaiser Aluminum, Mar quette Cement and Rohm & Hass. Of the 50 to report, 27 had increased earnings this summer. In many cases this was due to a sharp drop in income taxes, which more than offset the de cline in sales which many re port. Fifty is too small a number to more than indicate a trend. And it must be remembered that corporations with sorry earnings rnmnarisons are less likely to rush to announce them. Some of the 50 offered estimates with final figures to follow. The great flood of earning statements will t0ct nrniinH thp fnd Of this month, and may change the final figures considerably. But the first indications point to a continuation of this year's earlier trend big gains by some large corporations offset ting decreased profits by a mass nf smnller companies. In the first quarter of this year com bined profits of industrial cor porations averaged 7 per cent ahead of the 1953 period. In the second quarter it had dropped to a gain of 6 per cent. Utilities in earlier quarters av eraged from 5 to 7 per cent ahead of a year ago. But rail roads were off by 45 per cent or more, and early indications are that rail earnings in the sum mer quarter will also prove to be down by a large percentage. Banks have been showing a prof it gain this summer, although none is included in the 50. PnmhinpH thft enrninrrs of the SO companies total $343,017,014. THE BUSINESS BEAT . urn -a i n I o i small striDS bv use of a special I'lbAOAn x nu.u ' ' - - Oakes, owner of the new Pleas- cutter tool, are used. Dyes are a is iiuiu- n,narat on made in new i i V,rl -,,) osnrf iallv Inr rUB WOrk. and the rug-maker sometimes dyes as many as six to eignt shades for a sinele flower, ac- nrriin in Mrs. Carlisle. The method to be taught is the Pearl McGown system, nauonauy known in the craft. The Boston woman who devised it has about GOO accredited teachers in tne United States, and Mrs. Carlisle attended classes this summer conducted by Mrs. A. D. York of Seaside, one of those teachers. Anyone interested in the classes may call Mrs. Carlisle ior iur Iher information concerning needed materials. ant Hill Beautv Room ducing Eilcnefr "71 Bodktcr as ope- , ."-7 . J new salon, missis y Rnrllrtor is. il V native Oregon S ianfrom Maple ton, who receiv-, .her beauty cul ture training at Eugene Beauty College. For the last few weeks she has jijSS Bodktcr been taking an advanced course in hair styling. She now is mak ing her home in Pleasant Hill. v V, SAPFTV AWARDS wore nre- sented Tuesday to four drivers of the L. C. McCallister Fruit and Produce Co., 1457 W. 12th Ave. Oneratine Droduce trucks be tween Southern California ana lh.o Willamette Vallev. these drivers have compiled an aggre gate record of 28 driving years without an accident in which they were to blame. Ted Wagner, rep resenting the safety counseling firm of Markel Senve, Inc., pre sented 12-year safety emblem to Popil T. Mrfallistpr. a 7-vpar em blem to Cecil James McCallister, a 5-year emblem to Harry u. Mc Callister, and a 4-year emblem In rharlps Edward Hollis. Brace lets also were presented for the wives of tne inree iirm memDers who have passed the 5-year safe driving mark, Wagner reported. LEAVING EUGENE Friday for Fitchburg, Mass., will be Ralph Mpflpp calpsman fnr American Steel and Supply Co. McGee will fly east to attend a simonas saw factory program, a one-week training ppnrsp which will include a tour of the 6V4-acre Simonds plant where "all control" produc tion is being conducted for the first time in the U.S. This build ing has no windows or skylights. Within it, sound, temperature ana light are kept uniform and spe cial air-conditioning is provided. McGee also will inspect the Simond Abrasive Co. grinding wheel division in Philadelphia while in the east. SEVERAL YEARS of rue-hook ing, done as a hobby, has led a Eugene woman, Mrs. L. W. Car lisle, to decide to adopt it now as a working interest, sne ipians to start classes in her home, 473 E. Uth Avp nhnilt Opt. 2fi teachins the making of hooked rugs. This will include instruction in aye work. Wool materials, cut in EVERETT HARPHAM, E u nana rpciHpnt mnnaffer of the Pa cific Northwest Co., attended the annual conclave or company rep i-psontativps at Wcnatchce, Wash last week. Some fifty top execu tives and key sales rcprescma- Hups frnm 10 DrinciDal ciucs in Washington and Oregon partici pated to discuss investment prob lems and opportunities in me ra cific Northwest. RIVER ROAD Keith Blanch- ard. lately of Portland, has now .established the "Blan chard School of Music" at his home, 1100 Hodson Drive, off Horn Lane. A University of Oregon music major, he plays violin, ac cordion, some woodwind instru ments, and Deagan chimes. Rlanehard offers musical lnstru- tion in pupils' homes, and he has organized a children's accordion band which has 10 pieces to date. Sponsored by the Moose L,oage, it will be a uniformed band. As ennn as a child finalities for band work the school of music furn ishes a uniform. It is the first nnifnrmprl children's band in the city. Blanchard played four years Controls Set On Pesticides WASHINGTON ail The gov- ernmcnt proposed new salclv curbs today on chemical pest- killers used in spraying fresh fruits and vegetables to Keep thm from becoming a health hazard. The regulations proposed by iv. Hnjilth Education and Wcl- fai-a ripnartment. cover some tk.Ba Amon npsticides. ranging from virtually harmless ones to some of "the most potent poisons known." They apply to the resi due of pesticides that can remain on fresh fruits and vegetables distributed in interstate com merce. The proposed rules prohibit any residue 01 nine cnemicai compounds and establish "safe limits" or "tolerenccs" for 26 others commonly used. They are based on scientific data de- irainnpri at. lendthv hearings held by the Food and Drug Adminis tration in 1950. Witnesses at the 1950 hearings were iriven 60 days to file exeep tions to the proposed rules. A final decision on the proposed 'ulations will be made by Health Secretary Oveta Culp Hobby sometime after the 60-day period. The proposed ban on any resi due of some pesticides will have little effect on their use in farm ing, since they are dissipated so rapidly after application that none remains when the produce is rpnHv for market, the FDA said. But others, such as mercury and selenium compounds, must be used with "unusual care" if at all, it said. SPECIAL PURCHASE! MEN'S Simtex FLANNEL Sport Shirts M and M Co. Elects New President m For a number of years he has led the choir of Kern Park Christian Church in Portland. He is married and has two small sons. TURKS NEED GRAIN ANKARA, Turkey tffi Sitki Yircali, minister of economy and pnmmprcp. said Thursdav the Turkish government is noerotait- mg with the United Mates for grain seeds supplies to bolster this year s poor crop. PORTLAND w Clay Brown was elected president of M and M Wood Working Co. this week, the. first nrpsidpnt. the biff dW- in the U. S. Army Air Force I . .. . , , , ,t 1918 band during World War n, ana Ioundin who is not a mcmber organized Danas ior me army. . . Mlarkev fami,.. Ttrnwn. currently board chair man of Fortuna Sawmills which has its office here and sawmills in California, takes a position va cant since Thomas B. Malarkey resigned a year ago. Brown started in the lumber hnsiness with Lonff Bell, later was salesman for M and M, ply wood division manager for Smith Wnnrl Prnrllipts Cn. nf Portland and in 10.43 hppame assistant to the president of U.S. Plywood. He assumes the M and M presidency Nov. l. Nationally advertised Simtex "Northwood" Shirts! Heavyweight Cotton Flannels! Sanforized Won't Shrink Out of Fit! Brilliant Woven-Through Colors! Bold, Masculine, Colorful Plaids! Look again! That's the price , , . $1.99 fa these famous Simtex shirts for which j usually pay $3.98! 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