The Beaverton enterprise. (Beaverton, Or.) 1927-1951, July 13, 1945, Page Page 2, Image 2

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    •BEAVERTON ENTERPRISE, Boa verton, Oregon
Put 3
Friday, July 13, 1945
Five million new garments have
this, that a man lay down his life
by tae
American
for his friends.
Yes. to die for a been distributed
ffiend is proof o f true love.
And Red Cross in western Europe since
This clothing was
not so many hours after Christ had last September..
spoken these words, he laid
down provided at the request o f the A l­
IL B . J K T m i KH, P ub lish er
His life fo r us.
So He proved His lied armies from Red Cross supplies
love—The Just for the unjust, dying produced by volunteers in the United
Published Friday or each weak by the Pioneer Publishing Co . at Beaverton,
States.
It supplements the relief
fo r our sins.
Oregon Entered as aacond-aUaa matter at the pastoftflce at Beaverton, Ore.
Listen —Someone knocking at the program of the A rm y and the civil
A fter near thirty years of mar­ door. Hear H im Behold, I stand at authorities.
.«LOO
Subacription Payable in Advance.
One Tear
ried life, she turned to him one day ! the door and knock. I f any man
For Stove and Diesel Oil Call Hai ry
with—When I married you I gave hear My voice and open the door, I
Beaverton Office- Enterprise Bldg., Phone
verton 2321
Phone Beaverto*. 3231. tf
A11 the will come in and sup with him and Barnes.
Phone ATT water 6591 , you all the love I had.
Portland Office- »08 Panama Bldg., 3rd and Alder
And who is H e w ait­
! love she had and how much is that? j he with Me.
H e is none other than
Am erican women are pretty. But
j We men folks can answer, for when ing there?
our little world
comes crashing •the eternal God who became man Russian women are really beautiful.
He came to — H arry Hopkins in Moscow.
j down, these faithful wives stand by j and dwelt among us.
seek and to save that which was
j and prove their love.
A fte r H e died fo r our sins
W ould be glad o f a line as to what
And beyond our human love is lost.
He you think o f these messages paid fo r
that greatest of all love-----Wide, He ascended back to glory.
Wide as the ocean—High as the ! would win you to H im self and on by a Seattle businessman.
heavens above— Deep, deep as the | you spend His love through time and
dence for their present forecasts. deepest sea, is my Savior’s love. j all eternity.
The pessimists point to the big break So we ask How great is Love? Our
O Happy Day that fixed my choice |
which occurred in the early 20's; Lord Himself gives the answer. Said I on Thee my Saviour and my God.
3101 SW McChesney Rd.
Portland. Oregon
while the optomists refer to the con- j He—Greater love hath no man than
RPAVHwm ^ m ffiPRiSE ¡How Creai
Is Love?
OUTSMARTED
A man bought several dozen boxes
of cigars and had them insured
against fire.
When he had smoked
them, he put in a claim against the
insurance company that they had
been destroyed by fire.
The com­
pany refused to pay, the man sued.
The judge ruled that the company
had given the man a policy protect­
ing against fire, and must pay.
As
soon as the man accepted the money,
the company had him arrested on a
charge of arson.—Sunshine Magazine.
For Stove and Diesel Oil Call Harry
Barnes.
Phone Beaverton 3231.
tf
I have often wondered just where
the dividing line between “ social re­
form” and actual treason should be
properly drawn.
While shopping In Beaverton stop
in at the Oreyhound Coffee Shop for
Lunch.
tinuous bull market which existed
from 1923 to 1929 when the Dow-
Jones Average went up from 86 to
386
I insist that we are living in an
absolutely different world than ex­
In accordance with the provisions of the “ Local Budget L a w ” (S ection s 110-1201 to 110-1215, O. C. L. A., as amended), notice is hereby given
isted in the latter years of World that the budget committee of Beaverton, Oregon, in com pliance with said law, prepared and adopted on May 29, 1945, the budget estimates for City
W ar I.
Certainly this country is of Beaverton, Oregon, for the ensuing fiscal year July 1, 1945, to June 30, 1946, as set forth in the accom panying schedules. All persons are here­
In an entirely different position with by notified that on Monday, the 30th day o f July, 1945, at 8 p. m., in the C ity H all. Beaverton, Oregon, said budget estim ates may be discussed with
absolutely different conditions ex- the City Council, the levying board for City of Beaverton, Oregon, and any person subject to the proposed tax levy or tax levies w ill be heard in
tsting^ Both the pessimists and op- favor of or a(?ajn8t 8aid proposed taxy levy or tax levies or any part thereof.
tomtst8 should agree to this if they
The outstanding indebtedness of City of B eaverton, Oregon, at A pril 30, 1945, was as fo llo w s:
have any sense of proportions.
In ]
fact, the pessimists can compare
N A T U R E OF O B L I G A T I O N
NATU R E OF O B L IG A T IO N
AMOUNT
AMOUNT
our present huge national debt today •
R efu n din g W ater Bonds—
»23,500.00*
with the comparatively small nation-1 R efu n din g Im provem en t Bonds— Series 1939 .............
Series 1940 ........................................................
2,000.00*
al debt existing in 1919.
On the G eneral O bligation Bonds— Series 1 9 4 2 ........................
Sinking Funds on hand are su fficien t to retire bonds m arked ( * )
other hand, the optimists can prove
that following World War II the
United States will be the strongest,
richest and most productive nation
in the world.
Furthermore, our
country, for some years, will be free
from competition from Germany,
Actual for
Actual for
Actutl lor
Japan and other previous competi­
Fiscal Year
Fitctl Yetr
Actutl
Fiscal Year
tors.
July 1. 1944
July 1.1942
July I, 1943
Jan 1. ¡942
Budget
Monetary Situation
Budget
to
to
to
to
F U N D A N D C L A S S IF IC A T IO N
1945-44
1944-45
April JO. 1945
June 30. 1944
June JO. 194J
June 30. 1942
Mind you, I am not talking about
what will happen after say 1950. Some
» 3,110.34
» 2,200.00
Licenses and Fees ........
»
380.25
» 1,980.00
62.28
» 3.100.00
day the whole world must pay for »
1,716.90
1,100.00
1,080.00
Sundry Incom e .............
337.94
934.50
1.230.00
the sins of the past decade. Only a
spiritual awakening can prevent it. 9
9 4,827.24
$ 3,300.00
9 1,814.75
9 8,000.00
400.22
T o ta l Estim ated Receipts .................... ........... 9 »,880.00
Then there again will be unemploy­
Estim ated Cash B a la n ce........................ ........... » 4.445.00
ment, business failures and real es­
tate readjustments.
Russia, China
fi 77X a n
T o ta l Receipts and Cash
and certain other countries with
cheap labor will then take world
markets away from us.
The Eng­
lish-speaking countries may then
Debt Service:
be threatened with a semi-Commun- » 3,274.34
» 2,941.08
» 3.475.18
» 3,676.69
Princip al on Im provem en t B on d s............................ $
1 3.300.00
ism of some kind.
Between now
843.62
761.75
885.08
1,023.21
618.81
In terest on Im provem en t B o n d s ..............................
700.00
and when such a time comes, how­
1,561.36
1,813.70
1.100.00
1,176.26
Principal on General O bligation B o n d s .................
ever, I expect to see much higher
81.55
102.87
62.96
54.64
Interest on General O bligation B o n d s ....................
stock prices. With nearly »30,000,000,-
3,803.15
9
0,248.42
9
6,255.51
9
0,144.88
5,210.80
9
9
Total Debt Service
$
700.00
000 in pockets and cash drawers,
with only a very limited supply of
Other Than Debt Service:
securities to purchase, stock prices
360.00
»
800.00
$
928.94
»
750.00
900.00
R ecorder-T reasu rer ............................
»
»
1 , 20 0. 0 0
must sell higher.
180.00
89.82
179.82
150.00
180.00
Superintendent .....................................
180.00
It Is true that the Dow-Jones In­
60.00
227.50
240.00
135.00
150.00
A tto rn ey and L eg a l E x p e n s e .............
400.00
dustrial Average which was 42 In
136.00
90.00
45.00
180.00
180.00
A u d itor ..................................................
200.00
1932 now stands at around 168; but
173.90
169.58
210.40
231.84
220.00
C ity H all O p e r a tio n ..............................
350.00
remember that It went up to 386 in
46.41
118.59
162.36
53.77
150.00
C ity Shops O p e r a tio n ............................
150.00
1929 and could as well sell again at
82.65
134.37
135.89
59.07
120.00
Stationery and O ffice E x p e n s e ...........
150.00
that former high.
Before selling
24.80
31.75
34.65
40.00
Elections .................................................
50.00
any lndustrial-tnflation-proof stocks,
380.72
2,280.27
3,614.16
2,461.74
3,000.00
P o lice Departm ent .............................. .
4.225.00
take time to compare their present
549.06
733.69
946.45
940.84
600.00
F ire D e p a r tm e n t ....................................
700.00
prices with the highs of 1929.
This
585.74
1,088.46
1,171.62
863.13
1.000.00
S treet Ligh ts . .......................................
1 . 200.00
Is very important when combined
14.97
122.34
105.21
129.52
650.00
Parks
......................................................
660.00
with a study of how prices compare
2,782.70
100.00
2.500.00
D rainage and Sewers (S in k in g Fu n d)
on a "times earnings" basis.
4,000.00
N otice of 1 9 4 5 -4 6 Budget M eeting
Are Stocks
Too High?
General Fund
Babson Criticizes
Pessimists
RECEIPTS
Babson Park, Mass., July 13—Cer­
tain well-known investment couneel-
lora for some months been very
bearish.
They believe that stocks
are too high and that It is a mistake
to invest money in stocks at the
present time.
I assume that they
also mean that those having stocks
should immediately sell them.
Of
course if these men
stick long
enough to their bearish attitude,
they will eventually prove them­
selves to be "right"; but this may
take some years.
In the meantime,
while they have constantly
been
bearish, stocks have constantly gone
up In price.
Inflation or Deflation?
I also find men of experience who
believe that after the W ar our coun­
try will be headed for deflation
rather than inflation.;
They look
for lower commodity prices, reduced
wages, lower rents and other fea­
tures of a deflationary movement.
Here again these pessimists will
some time be rewarded if they stick
to it long enough; but I believe they
are absolutely wrong so far as con­
cerns the immediate postwar per­
iod of perhaps some years duration.
Of course, there will be periodic
breaks in the present bull market.
A "Communistic scare" may occur
at any time.
When the profes­
sional stock operators In New York
have sold their holdings they al­
ways dig up some pessimistic news
to try to break the market In order
to again pick up cheap stocks.
On
the other hand, I believe that any
such breaks in the market would be
temporary. It now looks as if the pres­
ent bull market may run two or
three years more.
Conditions Different Today
Both the pessimists and the opti­
mists refer to World W ar I and
what followed World W ar I as evl-
EXPENDITURES
150.00
MAR.
"
600.00
350.00
451.24
JUNE
JULY
L ib ra ry ..................................................
M iscellaneous .........................................
E m ergency F u n d .....................................
9 8,050.00
9 8.577.47
910,080.28
91 1.001.21
T o ta l Other Than Debt S e rv ic e ...................
915,288.50
9» 1.832.08
910,288.01
$10,307.08
T otal K xpenditn r e s ................................
$15.088.50
Estimated
Receipts
and
*
4
700.00
500.00
628.50
918,204.03
Axailahle < ash B a ia n e «. . .
9 8,775.00
Road Fund
While shipping eat at the Grey-
at the Oreyhound Coffee Shop.
RECEIPTS
Actual for
Fiscal Year
Jan I. 1942
to
June 30. 1942
AUG.
«T A I MRS
B
477.53
485.45
277.22
For Stove and Dteael Oil Call Harry
Barnes.
Phone Beaverton 3231.
tf 1
MAY
APR.
500.00
402.00
229.35
502.09
350.16
1,112.19
129.13
The Japanese radio has announced
236.05
that food rations in Japan will be
cut 10% this week.
They suggest 9 8,225.45
that a suitable meal could be made
7.1 18.00
of pulverised dried fishheads and 9
bone and withered leaves of vege­
tables
Sounds good! !
FOOD RATION'STAMPS GOOD
FEB.
.1
Actual for
Fiscal Year
July 1. 1942
to
June 30. 1943
Actutl lor
Fitctl Yttr
July 1. 194 J
to
June JO. 1944
Actutl
July 1. 1944
to
April JO. 1945
Budget
1944-45
» 2,262.86
» 3,018.70
»
707.38
1.444.86
» 4,373.96
1,470.43
»
9 2,202.85
9 3,018.70
9 2,152.24
9 5,8-4 4.30
9 8,002.30
2,547.53
1,444.86
Budget
1945-44
F U N D A N D C L A S S IF IC A T IO N
W ashington County ................................
State Gas Tax F u n d ............................
2,527.20
1.472.80
T otal Estim ated R e c e ip t s ...................... ..........
Estim ated Cash B a la n ce......................
I -------
9 4,000.00
1.290.00
T o ta l Receipts ami Cash Balance.
THRU.JUNC
5,200.00
EXPENDITURES
THRU JUNE 90
9
30.00
60.00
149.70
153.62
162.40
173.71
........
........
........
9
720.88
9 3,015.00
9 3.0 »3.58
THRU JULY 3 11
FROM MAY I
TH RU AUG 31
wt
»
60.00
120.00
389.70
25.70
303.23
2,116.37
»
60.00
120.00
420.00
18.75
432.51
1.992.32
»
50.00
100.00
350.00
161.15
435.21
2,252.48
1.047.05
33.32
9 4.420.21
»
...........
O ffice Rent ....................................
Shop Rent ..................................
Superintendent's Salarv ............................
Insurance
.........................................
Street C le a n in g ..................................
Street Repairs and M ain tenan ce.................
G rader and E q u ip m e n t.............
B attery C h arger .............................................
9 3.002.80
T o ta l E x p e n d itu r e s ...................................
Estim ated Receipts anti A va ila b le Cash Balance
«ta m p « becom e good in June
j
9 5.200.00
. . 9 5.200.00
W ater Fund
■ STi
a
*
RECEIPTS
THRU JUNE <
A c u iti lo t
F itc tl Y ttr
A c u iti lor
F it e t i Y ttr
J u l y I. 1*42
to
]tn 1. 1*42
to
Juno JO. 1*42
THRU JUNE 30
T
U
V
W
X
2
d
d
d
?
THRU JULY 31
June JO. 1*4J
A c tu tl for
F it c t l Y t t r
to
A c tu tl
J u ly 1 . 1*44
to
A p ril JO. I 94 S
»15.81S.96
July I. I94J
June JO. 1*44
6.960.OS
21 04
48 4 56
115.340.76
20.77
373.00
»17.559 91
9 7. »«5 .0 7
9 15.73 ».52
910,208.11
1.733.60
653.30
3.000 00
496 76
3.500.00
925 29
3.500.00
837.81
4.000.00
635.40
9 8. »00.70
9 4,425.20
9 4.337.91
9 4,035.40
»
f
4.119.50
1.334.00
167.13
624.79
111.92
14.13
180 00
120 00
»7 00
83 49
53 83
2.0 3 «.«3
» 4.024.99
1,858 13
320 00
1.374.1«
163.29
14 50
180.00
120 00
81.00
«7.07
11120
2.163 «2
» 3.969 S3
1,942.73
191.51
1.651 33
316.00
1 55
150.00
100 00
109 00
16.91
165 23
1.99« 93
« PMNtil II
9ltt.205.90
910.48800
4. rtSO.tV)
3 .0 8 » .8 »
1 4.HH4Ì BQ
14.173.71
STA M PS
in »»*
C U ß Tum CM A ß T
T HAVTU a I . 1
,T»"»L .*u a T ?JL
.1
roß F U T V ß t ß C ß W ß C ß C f
I ■
SEPTIC TANKS
*4C o n c r • t • ,,
Portland Concrete Pipe and Products Co.
M il SW Macadam Ave., Portland, 1. Oregon
1.454 37
520 91
45 «5
681.60
57.60
22 90
90.00
60 00
64 00
34 81
36.47
^ 3 7. J 7
9 8.005 28
SEE YO UR B U ILD IN G M A T E R IA L DEALER
AT. 8384
..............................
■
502 5 «
97o.2rt2.50
EXPENDITURES
I
JUNE 2
700.00
T o ta l Estim ated Roeelpts
I s tim a te d f a s h Balance
THRU AUG 31
th ru
Sundry Income
Total Receipts and ( ash B a la n c e ..................................
•tom pe becom e good in Juno
SU9A*|
Budget
1945 44
F U N D A N D C L A S S IF IC A T IO N
1*44-45
3 l » l . » 7 2 211
FROM MAY I
I
B udget
__
1.577 Irt
5 ATI • »
• W.itati 20
0.213.19
913.038 »2
* HI 224.20
918.900.1 1
Debt S ervice:
Princip al on Refunding W ater B o n d s ....................
Interest on Refunding W a ter B o n d s ...................
In terest on 55 ater Bonds— Series 1845 .................
Total Debt Service.............................
»
4
ooo 00
662.50
300 00
g 4.002 5«
Other Than Debt Service:
Salaries and W a g e s ....................
P o ^ c r ................................................. * ..................
Stationery and O ffice S u p p lies........ ! ! ! ! ! ! ! ! ! ’ "
. 5 000 00
* , 250 00
Maintenance Expense
Truck Lxpeni«e ....................................
General Expense . . . .
O ffic e Rent ............................
................
shop R e n t ................................ ! ! . ! ! ! ! ! .................
A u d itin g ............................ ! ! ! . ! ! ! ! ! ! ! ! ! .............
A llow an ce fo r Bad A c c o u n t s .................
Insurance ................................
Depreciation ......................
1,200 09
250.00
1 I \ (»• n - n
250 on
100.00
180.00
120.00
110 00
20 00
160.00
2.600 0O
9l2.24rt.tHi
I \i. n iio n s and Bettet nt« n t«
2.000. rttt
T ota l O th e r Than D ebt «ie ri ice
914.S4Q.Ot»
____ Total Expenditure« . .
*1 9 .2 0 8 .5 «
».«timated Receipt» and A va ila b le Caah B alan ce .
. 9 19.20 9 80
T 7
a
A