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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (April 21, 1952)
Fair Building Plans Rejected Dallas At a meeting of the Poik county fair board Monday evening, neither of the two bids submitted for erection of build ings on the new site at Rickre all was accepted. - Plans for the two buildings approximately 30x 140 feet called for pole construction. H was the opinion of the board that it made too many obstructions in the exhibit area and was not strong enough. The Grubb Construction com pany of Dallss bid $17,388.52 and the Miles Construction com pany of Salem bid $23,885. Al ternate plans and use of mater ials were suggested by several other firms. H. B. Sinnard of Corvallis who drew the original plans, will Tlppner Expands His Strawberry Acreage Albert Tipp ner. Star route, Silverton, expands his 15 acre strawberry planting in the Silverton hills. He uses a modified tree plant er capable of setting about two and a half thousand plants an hour. Driver of the tractor is D. Dobbins. Tippner Is on the right of the planter, William Bartells at the left. $10,000 Award lor Accident Albany Members of a Linn county circuit court jury Thurs day returned a $10,000 verdict In favor of P. L. Cureton, West Stayton, administrator of the es tate of Victoria Arminda Cure ton, who had asked a ?15,uu0 award for the accidental death of Mrs. Cureton, which occurred July 28, 1951. The suit grew out of a mis hap on U. .S. highway No. 20 near Cottonwoods in which a car driven by George Brown Bryant, HFD 1 Albany, strucks and killed Mrs. Cureton while she was standing at the road side. The accident, according to tes timony of the witnesses accurred while the Curetons and others were inspecting damage done previously when the car In which the Curetons were riding, driven by Mrs. Billie C. Hud- dleston, Stayton, had been side wiped by a car driven by Or ville M. Witt. furnished by the May Co. and ingredients for the cakes by the M & F. Mrs, Florence Espy of Silver- ton, Rt. 2, was awarded the first prize for the best cake, and Mrs. Daisy Bump of Rt. 1, Brooks, re ceived the second prize. Mrs. Roy Dunn of Silverton, Rt. 2, placed third. A special prize, awarded by the May Co., went to Mrs. M. A. Dunn of Silverton, Rt. 2. The cakes were placed on sale at the M & F grocery Sat urday morning with all proceeds going to the Grange. Mrs. tditn Redding and Mrs. Nellie Hall were co-chairmen in charge. The 14th contest will be held May 9 with the Catholic Daugh ters of Woodburn participating and Mrs. M. J. Opitz in charge. Extension Unit Meetings Dated Marion county extension unit meetings for the week of April 21-zb are listed oeiow: April 22 Pratum-Macleay unit. 10:30 i.m.. at Macleay Grange hall, glove making. Thomas unit, 10:30 a.m., with Mrs. Gladys Osterman, kitchen atnraBi April 23 Quinaby unit, 10:30 i.m., at RNA hall, kitchen storage. April 24 Silverton unit, glove making. Roberts unit, 10 a.m., with Mrs. E. R. Blankenship, kitchen storage. St. Paul unit, 1:30 p.m., with Mrs. James Smith, housekeeping shortcuts. April 28 Homemakers festiv al, 9:30 a.m., at Salem Senior High school. Mrs. Florence Espe Wins Cake Contest Woodburn Thirey-four cakes were baked by the women of the North Howell Grange Friday at the 13th cake baking contest, sponsored by the May Furniture company and the M & F grocery, In the model kitchen at the furniture store with equipment PHONE MERCURY RIGHT NOW 4-2248 FOR FREE HOME DEMONSTRATION ROAD OILING Road conditions are Ideal to oil that road to set tle dust. URMER TRANSFER & STORAGE Phone 33131 now I be asked to prepare a new set. The fair board hopes the new buildings can be completed be fore the dates of the fair sched uled for August 21 to 23. The county fair was held in Dallas for many years and then was moved to Monmouth. The siie Just south of Rickreall was acquired several years ago but bunding costs have been con sidered too high. Board members are, L. C. Lynch, chairman, Rickreall; Ross Simpson, Perrydale; L. H. McBee, Dallas; secretary, Josiah Wills. Lebanon Baby Record Lebanon Twenty-five babies were born at the Lebanon hos pital during the past week. This sets a record for weekly births in 1852. Boys outnumbered girls 15 to 10, Fourteen were born to Lebanon parents. Straight hair Is circular in cross section while curly hair is oval. Fishing Priority For Dallas Youth Dallas With the fishing sea son opening on Saturday, a move has been started to make it pos sible for all youngsters under 18 years of age to enjoy them selves fishing on the LaCreole creek within the city .limits of Dallas. Lynn McCulley, city police judge, and a group of local mer chants are behind the proposal. The slate game'commission recently planted 2000 trout in the stream between six and ten I I Modernfoid Doors Now Available b Satom S!w - Color - Friff oo BeqvMi Fhorif 3-2445 PUMIUU 6UKX 4 5UPPIT B1Im HlEfcwsr : W,t gains) Capila! Journal, Salem. Ore., Sionday, April 21, 1952 IS inches long. Cooperation was; secured by Virgil Long of the Lions club for the planting. j Other youth activities are un-i der consideration by the recent-: ly-organized Junior Chamber of: Commerce for a supervised rcc-: rcational program. They also are sponsoring local entrants and merchant partici pation in the Mid-Willamette Valley Soap Box Derby to be held in Salem in July. Correct Property Description Albany Judge Victor Oiltver in circuit court here has issued a decree in favor of the plain tiff in the case of Edwin Allen James and other vs. Alex Bo deker and others. The decree grants James' pies for correction of the property description in -deed to a tract near Lyons. OF RELIABLE Fill MS t hr r W Cooin, 164 1 APPLIANCE REPAIR Ph. 3-7484 CAPITAL ELECTRIC 1480 Fairground Appliance Soles end Service Service Guaranteed on Refrigerators, Washing Machines, flange AUTO RADIO REPAIR Ph. 4-2271 HEIDER'S RADiO & TELEVISION - 395 N. HIGH Home and Auto Radio and Television Specialists In the Willamette Vsiley for 28 Years SERVICE - INSTALLATION - SALES DIAMONDS-WATCHES Phone 4-1463 ROSS JEWELRY & MUSIC - 220 N. COMMERCIAL FREE OF CHARGE Have Your Diamond Checked for Security in the Mounting, Ciepsed and Prongs Checked While You Wait" INSULATION Ph. 24687 or 28010 AMERICAN IMPROVEMENT CO., 975 MARKET Owens-Corning Fiberglas "Finest Insulation Known to Man" INSURANCE Ph. 2-2457 BRAUN INSURANCE AGENCY 182 S. Church Prompt Efficient Service FIRE AUTO CASUALTY BONDS Hon von can make aprofit of $27,295,971 -t& WS5S and go in the hole! Let us soive your drvina problem? CSothes completeW drved. folded and put into your container only AVi lb. (dry weight) MOVING & STORAGE Ph. 3-8111 RED STAR TRANSFER SALEM-PORTLAND MOTOR FREIGHT "A Complete Shinning Service" Office 1 120 N. Liberty Whse. 2Sfl S. Liberty MUSIC Phone 3-7186 WfLTSEY MUSIC HOUSE -1860 STATE Kohier & Campbell Pianos, Accordions, Guitars, Marimbas and Music Supplies Instruction Instruments Rented While Yo Learn OFFICE MACHINES Ph. 3-5584 I Typewriters Adding Machines. Calculators, Accounting Machine CAPITOL OFFICE EQUIPMENT CO., 531 Court R.W. "JOE" LAND OIL TO BURN Ph. 2-4151 1 According to our accountants. Union Oil made a net profit during 1951 of $27,295,971. If this bookkeeping profit represented the com pany's actual "take" our 38,3-17 common share owners would be overjoyed. But after paying dividends of $11,444,259, we actually ended up on the minus side of the ledger to the sum of $7,534,000 in working capital. 2. Here's tho reason! In 1951 we had to spend $62,421,000 for replacement of worn-out equip ment and oil properties and to eniarge our facili ties to meet the greatly increased demand in the West for petroleum products. This money came from three sources. j 3. $40,281,000 of it came from the "depreci ation and depletion" allowance. (The sums a corporation sets aside each year to replace equipment and oil properties when they're worn out.) $14,606,000 of it was made up out of profile. $7,534,000 of it was taken from working capital the "checking account" a business keeps on hand for day-to-day expenditures. 1174 EdRewater St. WEST SALEM TWEEDiE FUELS OILS STANDARD OIL DEALER or S-S78S LARGE SIZE MERCURY REBUILT ELECTR0LUX Complete With 7 Attachments Fully Guaranteed FUlt CASH PRICE HONEY-BACK 6UARAHTEE No Sales to Dealers or for Re-Sale $990 !03f S.W. 5th Aeut Salem TiUpheM 4-2248 PAINTING CONTRACTORS Ph. 3-4783 F. O. REPINE CO. - 2585 PORTLAND ROAD Residential, Commercial, Spray or Srusa WE GO ANYWHERE . . ANY SIZE JOB Call Us for Estimates and Color Planning Service PLUMBING SERVICE Ph. 3-9811 NELSON BROS. PLUMBING & HEATING Repairing 855 Chemeketa Residential Commercial Contracting Industrial PRESCRIPTIONS Ph. 3-9123 PROPANE GAS 4. We obviously can't keep dipping into our working capital indefinitely and stay in business. For if we do well eventually run out of money to carry our receivables, inventories, etc., and pay our daily operating expenses. That's why something has to be done about a situation that affects not only us but every U. S, corporation. 5. Briefly J? it thlil The sums the tax collector allows you to set aside for depreciation and de pletion are based on what things cost when you acquired ttem-not what it costs to replace them today. Since these depreciation funds aren't ade quate to Teplace equipment and oil properties at today's prices, we have to make up the differ ence somewhere -or go out of business. 4. On top of this, extremely heavy taxes on corporate earnings make it almoBt impossible to retain enough profits to make up the difference. So we have to take it from working capital.That's why we must have a tax policy that will permit corporations to earn enough for the replacement and expansion necessary to maintain the produc tivity and economic growth of the nation. We r.lve Penny Saver THE OUiSENBERRY PHARMACIES Ph. 3-3157 t T.. AA( flreir kAcAirn Center I JlVVVifllf sVBKH " Service for Your Convenience. FREE Delivery Daily 12:30 & 4:J8 DOWf) IQWIt SflPTP Kjpvn l & t ':w mi Ph. 3-5098 V MOV Oil COMPANY INCOlFOtATfB IN CAUtOHM, OCTOill M, 7m er, rpoiwored by the people of Union Oil Company, is dedicated in a (.seiMsion of how and why American husinrm function. We hope you U fd free to tend in any uggetion or crr'.cisms you have to offer "f;-J President, Union Oil Company, Union Oil BuMmg, U Angelee 17, California. MaBafctrer ( Hyl Triton, the amazing parpie motor ail Propone Gos & Applionce Co., 3367 Portland Road propane sns pp:jniji:irK HOMK OR COMMERCIAL USE Cookins Heating Refrigeration " wn RADIO REPAIRS s& SS-Pfc. 3-7577 On All Mokes of Radios and Speaker Equipment MITCHELL'S Radio Appliance 1 880 Start Motorola Dealers for Generoi fciectrse Pick up and uelivery Recapping-Goodyear Tires Ph. 3-4163 MAS! fcK StKYIV-E Court b Capital. Center & Liberty. Marion & Liberty, Center & Commercial GUARANTEED HECAPP1NG Wheel Aligning - Break Repair - Labricatinn ROOFING Phone 3-7177 GAMBLE'S WESTERN AUTO SUPPLY - 201 N. COMMERCIAL All Materials Fuliy Guaranteed - Applied by Skmea vvorxmtm. Call Us Today for Free Estimate and ROOF INSPECTION - NO OBLIGATION; 1 UPHOLSTERING Ph. 3-4724 r ii tn IIDUAt C.TE&IMR CO. 454 f'errv Kefmishm Cl,st2? rr"itUr "Goodyear Airloam
