Image provided by: North Santiam Historic Society; Gates, OR
About The Mill City enterprise. (Mill City, Or.) 1949-1998 | View Entire Issue (Oct. 16, 1969)
LYONS 1 —The Mill City Enterprise, Thursday, Oct 16, 1969 [à Salem Scene by Everett L Cutter CAPITAL RINK CAN BRING LOSS AN WELL AS PROFIT Wally Watts, with 10 years’ experience as an electrician be hind him, decides to leave the GEORGE E. STEWART roll-plus-profit income, and Funeral services were held they generally assume comp Tuesday at Weddle’s Mortuary anies average 20 per cent net for George E. Stewart, 70 who profit on sales. passed away in a Salem Hos Like any ideal, the private pital Thursday. He had been enterprise system does not in poor health for some time. function perfectly. But with Mr. Stewart was born in active competition, profits can Canby and had resided in Mill not remain unreasonably high City since 1937. He operated for very long. an auto towing service here The 10 per cent margin con far a number of years. sidered “fair” by survey re He was a member of the spondents no doubt would Eagles Lodge. look like a bonanza to Wally Surviving are the widow, Al Watts or to Singer Company ma, turn sons, Merle Stewart of stockholders. It might even en Mill City, Gerald Stewart of courage more people to trade South Beach, one daughter security of his $600-per-manth job and start his own business. He has savings and an inher itance totaling $10,000 in the bank earing 4 per cent inter est. His late father also left him land and a building suit able for his electrical contract ing business. To get established, Wally must invest $25,000, for tools, equipment, vehicles and stock. their certain 4 per cent inter He borrows $15,000 and sinks est on savings accounts for in another $5,000 from his sav gambling on investments cqr- ings, leaving $5,000 for work rently returning an average ing capital. 3 per cent return. He hires two young electric ians and a part-time bookkeep- tr, obligating himself to a $1,- 000 monthly payroll. Then he Antonia Thomas budgets expenditures for tax Phone 897-2605 es, insurance, permits, adver Mrs. Nellie Allen returned tising, utilities, maintenance Thursday from a 10-day visit and other necessities. After one year, Wally’s book with her niece, Inez Stickle, in keeper reports net income af Astoria. Mrs. Arthur Blackburn and $8,000. Is that his farm’s profit? Mrs. Sarah Rains returned from a three-week trip to Eu- Take a look at the books. Wally would have earned teka Springs, Ark., where they $7,200 warking at his old job. visited with a brother and a The $10,000 he took out of the sister and their families. They bank and put in the business i went by jet and had a good would have realized $400 in trip and good weather most of terest. He might have rented the time. Visiting the Daniel F. Pet his building and lot to a ten ant for $200 a month, for an ers’ for a few days was her niece. Mrs. John Such from other $2,400. If the bookkeeper did not Gold Beach. A group of friends surprised allow for these costs, then Wally’s firm lost $2,000 in its Mi. and Mrs. Erwin Tucker first year. Wally bears the less with a shower at the home of because he assumed the own his parents. Mr. and Mrs. ership risks of volume and Charles Tucker, Saturday ev number of customers expected, ening. Visiting Mrs. Joe Novak collection of accounts, employ ee performance and countless over the weekend were Mr. other factors against which in and Mrs. Jess Hayward of surance would be impossible. Portland. Visiting the Walter A. In addition, Wally is no lon ger responsible for only his Thomas Jr., family Sunday family’s welfare. He has em were her parents, Mr. and ployees. and operating his Mrs. Forest Bartlett and aunt, own business has made him Mrs. Anna Swanson from value customer satisfaction Portland. more highly. A corporation manager fac es similar problems and obli gations and is additionally B.v Becky Earhart responsible t o stockholders An all school assembly was who invest in a collective en held October 7. At the open terprise. These stockholder ing of the assembly, Boy and owners, unlike Wally, usually for the month of Septem de not manage or work for Girl were announced. Boy of their company. But they do, ber the month Lynn Cutsforth ¡ike Wally, assume risk of loss and Girl of was the month was Lin in using their capital in hopes da Crowther. this of its earning dividends for announcement Following the visitation them. from the state colleges Assuming all goes well, how team gave a 35 minute presentation large a profit margin is con concerning Oregon’s state in sidered reasonable? Polls have stitutions of higher learning. shown that most people belie After the assembly the Sen ve a 10 percent profit on sales and the Juniors attended and services after taxes would iors two more 35 minute presenta be fair. tions, where they were allow They often are surprised to ed to ask questions and dis learn that actual profit after cuss different aspects of col taxes averages just over 3 per life. cent. Averages can mislead, of lege Student Council met Tues course, but in a free market day, October 6. The main top- competition will tend to hold ks discussed included the vot operating costs down to simi ing on Boy and Girl of the lar levels and to equate prices month, the selling of booster within a given industry if it badges and magazines, and a expects to succeed. club charter for the newly In 1968, employees of all U. formed Chess Club. S. corporations received 87.2 F.T.A. held a meeting Thurs per cent of the income distri day, Oct. 8. Topics up for dis buted between employees and cussion included the induction net profit. They were paid 93.3 of new members and the possi per cent of income split be bility of attending the state tween employees and divi convention in November at dends. Dividends, paid to stock Oregon State University. holder owners, amounted to only 6.7 per cent of that in come. Employees of the Singer Company last year received 95.3 per cent of the amount available for employees and dividends. Officers and direc tors of that firm received only .4 of 1 per cent of the amount paid to employees. Yet the polls show that most “No King seems to mal e people believe employees re he bnthraom s ales -a ina ceive only 25 per cent of pay urate as stepping un tl.cir. GATES Santiam Ripples 1he Oicl Beth Stewart, of Portland; mother, Mrs. Margaret Faulk of Molalla: one sister, Floy An derson of Molalla: one brother, Wayne Stewart of Oregon City and 14 grandchildren. Ritualistic services were by the Eagles lodge and inter ment was at the Fairview cem etery at Gates. AUGUSTE WITT Mrs. Auguste Witt passed away Friday in a Salem Hospi tal following a lingering ill ness. Mrs. Witt was 76 years of age. She was born in Germany and came to Mill City in 1923. Mrs. Witt was a member of the Presbyterian Church and a former member of the Mill City Garden Club. Surviving are the widower, Otto Witt, one daughter, Mrs. Dale (Ursla) Bassett of Ed monds, Washington and two grandchildren. Services were held Monday at 2 p. m. at the Presbyterian Church with Rev. James Mur ray officiating. Interment was in the Fairview cemetery un der the direction of Weddle Funeral Home. MEHAMA Mrs. John Teeters Mrs. Orval Greer of Leaburg was a guest several days last week at the home of Mrs. E. J. Hughes and Mrs. M. V. Frame and visited with other friends here. Mr. and Mrs. Larry Kimsey, Susan, Mary, Lloyd and Leon visited Sunday in the Sisters area. Mrs. Bruce Matthis returned home early Thursday, Oct. 9 from Virginia where she was called when her daughter, Mrs. Frank Shelton was involved in an accident. Mrs. Shelton returned home with her moth er as her husband who is sta tioned with the Army at Ft. Story expects to be transfer red soon. Sunday guests at the Alfred Schneider home were Mr. and Mrs. Don Crook of Portland and Mr. and Mrs. Larry Watts and two children of Salem. Mr. and Mrs. B. L. Kirsch were dinner guests, Sunday, Oct. 5 at the home of Mrs. Edna Walker in Silverton. Mr. and Mrs. Ron Kowalis and daughter of Klamath Falls were guests Saturday, Oct. 11 at the home of her grandmoth er, Mrs. Jennie Moe and also visited with the Larry Kim sey family. Mrs. Moe returned to Klamath Falls with the Kowalis’ for a short visit, Mr. and Mrs. Jack Ander son and children of Brookings came Saturday, Oct. 11 to help his mother, Mrs .Arthur An derson celebrate her birthday. They left for home Sunday afternoon. Some Odds & Ends as Low as $1 per panel Others.................................. $1.98 and up KELLY LUMBER SALES MIL'.. CITY. ORESOM —————■ Phone 897-2610 Advertising in The Mill City Enterprise Brings Results—Try It Every Week $179 Johnathon Apples 10 Lbs. 79c Bu. Box ■ : $249 Delicious Apples 10 lbs. 89c Bu. Box Carrots . . . 3 lb. bag 29c Tokay Grapes . . . 2 lbs. 29c Florida Pink Grapefruit . 8/S1.00 DelMonte Sweetheart Bacon lb. 89c Old Fashion Franks . . lb. 59c Round Steak Li)» » » » Mayflower Cottage Cheese Dutch Maid Margarine pt. 25c 5/$l°° Chiffon Ice Box Spread 3 pkgs. $1.00 Folgers Coffee 3 Lb. Can 2 Lb. Tin I Lb. Tin Chets Frozen Meat Pies 4/$1.00 FLAV-R-PAC French Fried Potatoes 2 lb. bag 39c Support Your Team—North Marion at Regis N estuerà at Stay ton Jefferson at Santiam Prices effective October 16, 17, 18, 1969 BOB'S FOOD MARKET 1015 Main St Phone 859-2494. Lyons, Oregon Body Repair Estimates You Can’t Do Better Than That You'll find that our Body Shop Foreman Dan Pierce will give you a fair and honest estimate on any BODY REPAIR OR PAINTING Reduced Prices On Plywood By Eva Bressler FN. Kenneth Champ and wife Vicki from Leng Beach, California are spending this week with their parents, Mr. and Mrs. Ernest Grosso of Lyons and Mr. and Mrs. Dale Champ of Mehama. Mrs. Gladys Kuiken of Sal em spent several days at the home of her daughter Mr. and Mrs. Jack Roye and daughters while Mr. Roye was on a hunt ing trip to Eastern Oregon. Mr. and Mrs Harley Scott received word Monday even ing of the death of his sister, Mrs. Veda Neal of West Fir, at a Eugene hospital. Funeral services were held Thursday afternoon from Weddle Funer al home in Stayton with burial at Union Hill. Mrs. Floyd Bassett spent several days last week in Portland. Her daughter Mrs. Dick Haseman of Vancouver, Washington underwent major surgery Wednesday morning at a Portland hospital. Mrs. Franklin McDowell from Port Townsend, Wash ington was a week-end guest at the home of her parents, Mr. and Mrs. Harley Scott. She came to attend the funer al services for her aunt, Mrs. Veda Neal held Thursday af ternoon. Recent visitors at the home of Mr. and Mrs. Van Prichard were Mrs. Prichards sister, Mrs. Martha Phelps and daugh ter, Miss Opal Phelps of Long view, Washington, also her sister, Mrs. Mary Fuqua and daughter, Mrs. Mildred Gib son of Portland, also little Tamma and Melinda Smith from Lincoln City while their parents, Mr. and Mrs. Jay Smith were on a hunting trip. Mr. Smith is a grandson of the Prichards. Mr. and Mrs. Al Ostermier from Grants Pass are spending this week at the home of Mr. and Mrs. Hobson Gunn. They, with the Gunns wee Thursday dinner guests in Salem cele brating the 49th wedding an niversary of the Gunns. Layman Sunday was observ ed at the Lyons United Meth odist church Sunday morning, October 12 at the 11 a. m. services. Taking part were Howard Naue, Hugh Johnston, Marion Clark and Mrs. E. L. Roye. Mr. and Mrs. Howard Naue, Mr. and Mrs. Elmer Culwell, Delmer and Donna: Mrs. Lydia Culwell and Harlan Gibson were Sunday dinner guests in Salem at the home of Mr. and I Mrs. Ray Short. The occasion 1 honored the birthday annivers- | aries of Mrs. Short and Har- , land Gibson. Mr. and Mrs. Van Prichard and granddaughters Mareeitta, i Jerr. letta. and Venetta were i Sunday guests at the home of I their son and family, Mr. and Mpj. Dale Pritchard at Clat-1 skanle. They went to see their i granddaughter and husband, [ Mr. and Mrs. Boris Lawstika, who were there from Edmon son, Canada. A potluck fellowship dinner will be held at the United I Methodist church Thursday | evening. October 16 at 6:30 p. I m for all members and friends I of the church. Everyone is in- I vited. Recent visitors at the home of Mr. and Mrs. Glenn Julian I were Dr. and Mrs. George Jeff-1 cott from Portland Mr. and Mrs. Wilson Stev ens, with Mr. and Mrs. Orville Downing returned home Sun-1 day from a weekend trip which took them down the coast to Crescent City, Calif., where they visited at the home of the Downing’s sen-indaw and daughter, Mr. and Mrs. Rich ard Brown and children. They also visited at Jacksonville. Mrs. Effie Anderson went to work at Mari-Linn Monday under the Title I program as a teacher’s aid. She will be working with the primary I grades. An Art Work shop was held at the Mari-Linn school Thurs day, October 9 with Mrs. Mary- Jo Albright from Corvallis in charge. Mrs. Phyllis Power | from Stay ton High attended I with the Lyons teachers. Teachers from Mari-Linn at tended the State-wide Teach er’s in-service program held at Central Linn Friday, while the students enjoyed a day of vacation. Mrs. James Silbernagel en tertained a group of little folks Friday, honoring their twins Karen and Kelly on their 8th birthday anniversary. Games and refreshments furnished the entertainment with the birthday cake baked and de corated by their grandmother, Mrs. Sophia Jaeger from Mt. Angel. Big or Small NKhtexai. Nam* of Team W L Riverview .................. 15 5 Tes Mon. Les Coif... 13 7 Drushella Furniture 12 8 Turner Inn .............. 11 9 Stayton TV .............. 10 10 LaFemme Beauty .... 10 10 Stout Creek Lbr.......... 9 11 Bob’s Market................. 8 12 Teague Chevrolet ... 7 13 N. San. Lanes ... ........ 5 15 HIG Helen Fery 191, HIS Dorothy Schwindt 541; HTG and HTS Riverview 744. 2069. Subscribe to The $4.00 per Year Mill Gty Enterprise DAN PIERCE All you have to do is call for Dan Pierce at Gene Teague's in Stayton, 769-2126 and he'll get right on the job—either here or there. Highest Quality Workmanship and Materials Used for a Long Lasting Job STAYTON First & Hollister - Stayton OREGON Call 769-2126
