Capital journal. (Salem, Or.) 1919-1980, January 31, 1950, Page 10, Image 10

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    10 Capital Journal, Salem, Ore., Tuesday, January 31, 1950
McKee Favors Sale of PPL to
Group Who Would Keep Intact
By W. KENNETH HAYES
(United Preu Financial Writer)
New York, Jan. 31 U-R Paul B. McKee, president of Pacific
Power & Light company, told the United Press today that he
believes the interests of both the area served and the stockhold
ers would be met best by the sale of that utility to the Allen
8i Company group.
The Securities & Exchange
commission will open a new
hearing in Washington Wed
nesday morning to decide whe
ther control of Pacific Power
shall be sold to the Allen Syn
dicate or to one headed by B.
J. Van Ingen & company.
McKee made it clear that the
reason he favors the Allen bid
of $15,000,000 cash in opposi
tion to the Van Ingen bid of
$10,000,000 cash, plus contin
gent additional payments which
may be as little as $4,500,000 or
as much as $9,500,000 is that
the Allen group intends to con
tinue the company as a going
integrated company; whereas
the Van Ingren group plans to
sell the properties piecemeal to
various interests, some of them
public power groups.
If Allen & company is permit
ted to buy Pacific Power &
Light, McKee pointed out, it
wil! distribute the common
stock of that utility to investors
in the territory served.
If .another group should come
forth with a better bid than Al
len & company though this is
unlikely, so far as he knows
he would favor it, McKee said,
provided it also called for con
tinued operation of the North
west Utility company as a go
ing unit.
While he will be present at
the SEC hearing which starts
in Washington Wednesday, Mc
Kee revealed, he does not know
whether or not he will be called
unon to testify. However, if he
does, he will endorse the Allen
bid.
The hearings, he predicted,
will probably only take a day or
so, and it seems likely that the
SEC will make a prompt de
cision. He bases this expecta
tion, he said, on the fact that
American Power & Light com
pany which owns all the out
standing common stock of Pa
cific Power & Light, for which
the two banking groups are bid
ding plans to distribute the
proceeds from the sale of that
stock on Feb. 15.
Pacific Power ' & Light, a
utility serving the hearts of the
states of Washington and Ore
gon, has about 140,000 custo
mers. Employes number ap
proximately 1,400, and gross
annual revenues approach $18,-
000,000.
It is in direct competition
with public power only In The
Dalles, Ore., and In the Hood
River county rural area of the
same state. Gross revenues
from those areas amount to only
about 2 per cent of the utility's
total annual income.
Prominent cities served In
clude Yakima, Sunnyside, Day
ton and Walla Walla, Wash., and
Portland, Hood River, Pendle
ton, Enterprise and Bend, Ore.
Naval Aviation
Plan Offered
Responsibility for the naval
aviation cadet procurement
program in the area of Oregon
and Washington west of the
Cascades was assumed Wednes
day by the Naval Air Rese.-ve
Training unit at the Sand Point
Naval Air Station, Seattle.
Captain A. E. Buckley, USN,
commanding officer of NARTU,
will direct the procurement pro
gram in the northwest. Appli
cants must be between the ages
of 18 and 27 and must have
completed two years of college,
or be in the process of finishing
the second year at the time ap
plication is made.
Candidates for the "NavCad"
program join the Naval, Reserve
and agree to serve a total of
four years on active duty. This
includes 18 months of .flight
rtaining at Pensacola, Fla., and
the remainder of the time as a
commissioned aviator with the
operating forces of the navy.
Aviation Cadets receive $105
monthly, lodging, board, and
required uniforms. In addition,
the premiums on $10,000 worth
of life insurance will be paid
by the Navy during the period
of flight training. Pay received
upon commissioning amounts to
$35." without dependents, and
$430.75 with dependents.
The 18-month flight training
at Pensacola includes pre-flight,
basic flight, and advanced train
ing with the latter phase in
volving training in combat air
craft, and when possible, the
cadet will be given his choice
of specializing in multi-engine
bomber or patrol, or single en
gine fighter types.
Jet aircraft are reaching the
Navy from manufacturers in in
creasing numbers, and Cadets
who finish training and are
commissioned can expect addi
tional training in Jets.
Girls Receive Badges
Willamina Girl Scout
troop 2 held its regular meeting.
Each fiirl rennivpri hpr trmin
flower badge and several gave
excellent reports on their pro
ficiency badges. Refreshments
were served by the January
Plans Proceed
For Carnival
"Fairyland Follies" will be
the theme for the traditional
Civics club's carnival thi s year
in the Salem high school audi
torium, March 31, a 8 p.m.
Tentative plans and arrange
ments are now being worked
on by Leslyn Burdette and Ber-
nice Imlah, co-chairmen for the
affair.
A program committee of Joan
Marie Miller, Don Bennett, Gor
don Sloan and President Jim
Rock are making plans for the
hostesses, Janet Glass, Bonnie
King and Lona Boyer.
Miss Paper Cup Actress
Pat Williams, dubbed "Miss
Paper Cup of 1950" by the Pa
per Cup institute of America,
steps into a king-sized cup in
Hollywood to prove she fills
the bill or the cup. (Acme
Telephoto)
Sanliam Hunters
Bag 3 Cougars
Detroit. Ore., Jan 31 0J.B i
Despite the snow and cold Walt
and Carl Ball have taken to
cougar hunting and within the
past week have bagged three
cats that will bring in both state
and county bounties to the Ball
brothers.
On one of the mountains In
this north Santiam area in the
Cascades, the hunters and their
dogs treed a female cougar near
Idanha. Walt brought the coug
ar down with his single-shot .22
"caliber rifle.
Next day, although a heavy
snow that covered tracks had
fallen, the brothers went out
with their dogs again. Within a
short time the dogs had treed
two cougars. Carl brought
them both down with his .22.
Because of recent deep snows,
the big cats have been forced
to come down into civilized
areas for food. Chicken houses
have been hard hit. .
Grand Island Mrs. Clarence
Hockhill has been a guest of
her son-in-law and daughter,
Mr. and Mrs. Carl Wood and
family in the Fairview district
several days.
Oregon Blue Grass Test
May LickCrabgrass Problem
New York, Jan. 31 W) Two new strains of grass have been
developed which will lick the crabgrass problem in tne nortnern
states, an official of the United States Golf association says.
The antl-crabgrass strains have been developed at a Mary
land turf experiment station, Dr. Fred V. Grau, director of the
USGA's green section, declared-
yesterday.
Dr. Grau was here for the
annual meeting of the associa
tion. The association's green
section operates the experimen
tal grass farm, the plant indus
try station at Beltsville, Md., in
cooperation with the depart
ment of agriculture.
Dr. Grau said that between
600 and 700 acres were now
being sown in Oregon with one
of the grass strains, and that
seed would be available to the
public in two years.
The new strain, called Merion
Blue Grass it was first found
in 1936 on a tee at the Merion
Golf club in Philadelphia is
far more disease resistant than
common blue grass, Dr. Grau
reported.
The official said that while
any blue grass normally will
outgrow crabgrass, it is highly
susceptible to disease and in a
weakened condition permits the
hardier crabgrass to outgrow it.
The second strain, Dr. Grau
said, will prove important to
lawnkeepers in the northern
states when seed becomes plen
tiful enough to permit wide
marketing. This is a Bermuda
grass which he called U-3.
Dr. Grau described this as the
first Bermuda strain to prove
sufficiently winter - hardy to
grow in the north. He said the
grass was fast growing, adding
that, on a U-3 lawn, crabgrass
"hasn't got a chance."
Homeowners might not like
it, though, it has a tendency to
crowd into adjoining flower
beds.
carnival, which will feature
skits and acts put on by the
15 school clubs.
Princesses representing each
club are soon to be announced.
Various committee heads for
the carnival are: Publicity, Da
vid Blackmer; interludes, Cres
cendo club; makeup, Sue Perry;
princesses, Edna Hill and Janet
Gaiser; judges, Earl Eshleman;
food, Mary Feike; tickets and
programs, Kent Myers.
Faculty advisers working with
the Civics club in presentation
of the carnival are Mrs. Ger
trude Smith and Mrs. Pauline
Coheen, co-advisers.
Mrs. Smith has been Civics
club adviser since the club first
started and has been the pro
moter behind the production ev
ery year.
PAPRIKA Q
that
PLEASES m
ir.ji .
IS
Ben-Hur odds tne hot Hungarian
to tlit mild Spanish paprikas . . ,
brings you a superb blend. Pure,
Imported Ben-Hur Paprika de
lights the palate, brings color and
taste to salads, eggs, goulash,
dressings and cheese dishes,
BEN-HUR flavors best
, FAMOUS OCEAN SPRAY "
BCranberry Jelly 115,
iBI L00K AT ,S BUY 7001 I
T Wxr"- -J?z 3n
4-LB. BAG & . I
Relieve distress
almost instantly
e sure 10 use
FARMERS INSURANCE GROUP
AUTO TRUCK FIRE
PLAY IT SAFE
Insure with Farmers Ins. Group SAVE
money and have the best coverage avail
able. Your inquiry is invited.
BILL OSKO
466 Court St.
Phone 3-5661
BILL OSKO
Dist. Mgr.
Prices in this ad effective Tuesday, Wednesday, Thursday
Salem, Silvertun, Dallas Safeway Stores
iperry's Pancake Flour
Canned PUMPKIN - 2c,.s15c
TOMATO JU
Sunny
Dawn
46-oz,
2 Cans 45c
EGGS
Grade l,' Doz. 42c
Grade Medium Doz. 39c
Worrell's
mm
12-oz. can
29c
Pirate
Gold
GRAHAM CRACKERS
KELLOGG CEREALS Variety Pack (10) Pkgi
RITZ CRACKERS u,SE
BIS0UICK Hot Roll Mix, too, 40-01. Pkg.
CHEWING GUM
2 It 49c
27c
25c
39c
WRIGLEY'S, All Kinds O Pkgi.
3 Pkg, IOC
Med.
Sizes
POTATOES
U. S. No. 2
Gems
FARM-FRESH PRODUCE FEATURES
AVACAD0S
ORANGES F.
CAULIFLOWER Sn":rvi5c
ONIONS Vl1;.:., Ib 6c
2 ... 29c
J bag
53c
50
ib. 39
bag I
10
Potatoes
U. S. No. 1
bag 49C
FROZEN FOODS
VEGETABLES MIXED BIRDSEYE
STRAWBERRIES BIRDSEYE
PEAS HONOR BRAND
SPINACH
1 2 oz.
12-oz. Pkg.
12 oz.
14 oz.
29c
39c
23c
27c
PET FOODS
FRISKIE C Ib. CO
CUBES J bag DzfC
DOG FOOD w cans 25c
SAFEWAY GUARANTEED MEATS
PICNICS ib 37c
Smoked Pork Shoulder - Medium Size
Waste-Free, Pan Ready Poultry
Hen TURKEYS t 59'
Young FRYERS b 59'
Fricassee Chicken ib 59'
Pan-Ready Sea Foods!
HALIBUT STEAK 53c
ROCK COD Fillets Ib. 35c
FILLET OF SOLE 39c
WHITING t . .25c
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