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.
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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