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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (March 28, 1956)
WEDNESDAY. MARCH 23. lfl.iB HERALD AND NEWS. KLAMATH FALI-S. OREGON PACE FIVE Russ Leader Ends Visit LONDON tm Geoigi MMcnkov returned to London Weonesday Irom a tour of power plants in north England and Scotland and waxed enthusiastic about kids, scenery and the Joys ol friend ship. The former Soviet premier Hew back from Scotland in a chartered Vickers Viscount turbo-prop airlin er. He waved to bystanders and smilingly posed for photographers at the airport. "It's been a wonderful trip," he said via an interpreter. Throughout his junketing, like a politician looking for votes, he has patted children on the head, talked to honeymooning couples, strolled along sidewalks, and visited the people in their homes. I do not believe that the adults will be offended if I say that I like particularly the children of Britain." Malenkov said on his re turn. "It is for their happiness that we live and work. "I have seen a lot of beautiful scenery there in Scotland but the beauty of the country could not overshadow the beauty of the peo ple. Wherever I was, I saw only friendly faces and I constantly felt that I was surrounded by friends." KY J: K - I i PHILIP BLADINE KF Truck Driver ' Escapes Injury YHEKA EdwaVd A. Schultz. Klamath Falls, driver for the Pan p handle Trucking firm, was unin jured early Sunday morning when a passenger automobile traveling at high speed rammed the rear of a concrete mixer truck he was driving. Two persons died in the crash, eight miles north of Yreka. Killed were Mrs. Bonnie Vieira, 42, of Hilt, California and Norman R. Duiro, 38, also of Hilt. Seriously injured were George Vieira, hus : band' of the dead woman. Ruby Williams and her husband Rus sell Williams, both 40, of Hilt. Williams was driver of the car. Ford Motor Company Tells Record Profit In Report Sacred Heart Notebook By ELDA DAL BROI The beginning of Holy Week on Palm Sunday has brought with it many changes in the liturgy of the church concerning Holy Week services. There will be no Mass on Thursday morning; Mass will be at 7:30 in the evening. On Good Friday Mass of the Presanctified and Communion will be at 3 p.m. Due to a change in plans report cards will not be given out .until Thursday, March 29. The girls' physical education classes are beginning tumbling, another phase of their year's ac tivities. Auditions were held in the school auditorium Monday, March 26, for II SHA students interested in par ticipating in the 1956 Pelicana. Editor Seeks Delegate Post Philip N. Bladine, editor of the McMinuville Daily News Register, announced ' Wednesday he is tak ing his first fling at politics by entering the race for delegate to the Republican National Convention. Although he has been active for many years in the Republican af fairs, Bladine has never before made a try for an elective office. He is seeking one of the 10 dele gate at large posts to the con vention in San Francisco. The editor is a member of the executive committee of the Oregon Republican Central Committee and during the 1948 election campaign served as GOP publicity chairman. During World War II, Bladine spent nearly four years in the United States Navy. He served in the South Pacific. For the past 10 years, Bladine has been active in civic and state affairs while oper ating his newspaper in McMinn ville. Bladine is a director of the Up state Section, Printing Industry of Oregon and a director of the Ore gon Newspaper Publishers Associ ation. He is Industrial chairman and former president of the Mc Minnville Chamber of Commerce. He also is now serving as chair man of the Yamhill County Wil lamette Basin Project and district chairman of the Yamhill County Boy Scouts. He is a former cap tain of the Yamhill County Sher iffs posse. After he was graduated from the University of Oregon School of Journalism, Bladine attended Lin field College for one year. He is a member of the Alpha Delta Sig ma and Sigma Delta Chi, honorary fraternities. Phi Gamma Delta. Elks Lodge and the Knights of Pythias. A "decade of growth." which led to a record 437 million dollar prof it last year in comrasl with a net loss in 1946. was documented Tuesday in Ford Motor Com pany's first public annual report. The 50-page report is-now being mailed to the company's stock holders. Henry Ford II. president, and Ernest R. Breech, chairman of the board, noted that 1956 was an ex ceptionally good year In the auto industry. They reported, however, that the company's record sales and earnings last year "were largely made possible by a long-range pro gram begun in 1946." This pro gram began with an internal re organization in which major oper ations were assigned to decentral ized divisions. Highlighting the c o m p a n y's growth during this period was the expenditure of 1.678 million dol lars for modernization, expansion and replacement of facilities (ex cluding special toolsi. An addition al one billion dollars for the same purposes, is scheduled over the next two-and-a-half years. Consolidated net sales of the company increased more than five fold during the past decade, from 895 million dollars in 1946 to 5.594 million dollars last year. The company reported net earn- Roseburg Lumber Concern Sold PORTLAND l.n Purchase of the Young's Bay Lumber Co. Inc., of Roseburg was announced Tuesday by the United States Ply wood Corp. The transaction involves the sawmill and 500 million board feet of timber in the Roseburg area. Plans for the purchase were an nounced some time -ago. ings equal to U 19 a share in 1955. Dividends distributed to share holders last year totaled 175 mil lion dollars, or 13.27 a share, rep resenting 40 per cent of the com pany's profits. The remaining 262 million dollars was retained for use in the business. Other annual report figures at testing to the growth of the "new" Ford Motor Company since World War II include: An Increase in net worth from 714 million dollars at the end of 1946 to 1.868 million dollars on De cember 31. 1955. A corresponding rise in total as sets from 868 million dollars 10 years ago to 2.585 million dollars at the close of 1955. A rise in net investment In prop erty, plant and equipment amount ing to 875 million dollars. The total at the end of 1955 reached 11.192 million dollars, compared with 317 million dollars in 1946. The accumulation of 625 million dollars In net working capital at year end 1955. compared with 343 million dollars 10 years earlier. Again in average annual em ployment of more than 80.000 since 1948 to a total of 181.616 in ism, and at the same time an annual payroll increase from 328 million dollars, to 1.118 million dollars. The company's provision for federal Income taxes during the 10-year period reviewed in the an nual report amounted to more than two billion dollars. Factory sales of Ford Motor Company passenger cars and trucks totaled 2,613.195 units last vear, compared with 652.262 in 1946. The company's share of total in dustry factory sales rose from 21.2 per cent in 1946 to 28.3 per cent last year for passenger cars, and from 21.1 per cent to 30 per cent for trucks. The Tractor and Implement Di vision recorded a 38 per cent in. i crease in dollar sales last year I over 1954. the report said, com-1 pared with a 15 per cent increase for the rest of the farm equip ment industry. In foreign markets, the com pany and us subsidiaries set a new sales record of 1.275 million dollars in 1955. topping the pre ceding year by 265 million dol lars. Of the 1955 foreien sales. 261 million dollars ere included in the company's consolidated sales. Sales of defense products by Ford Motor Company last year amounted to 259 million dollars. A major pan of this was accounted for by production o J-57 Jet en gines and B-47 bomber wmgs. This left a backlog of orders for de fense products at year end of about 700 million dollars. "The company is negotiating with the government for addition al production and research de velopment contracts," the report stated. Pointing out that total Ford Mo tor Company dealer profits last year were up substantially from 1954, the report added that the number of dealers increased by 700 during the year to 8.900. . "In appraising the vear 1956." Mr. Ford and Mr. Breech said, "present indications are that neither the company nor the auto motive industry as a whole will maintain the record levels of pro duction and sales established in 1955. "We believe, however, that 1956 will be a relatively good' year Ford Motor Company." for BELT OF TREES TOKYO W) A belt of trees 3.000 miles long will be planted across Northern China to protect it from the shifting Gobi .Desert, Radio Peiping said Wednesday. MOCK ATTACKS SINGAPORE Wl Planes from the! French carrier Layfayette and U.S. Jet fighter bombers from Phil ippines bases Wednesday made mock attacks on two British con voys in the central China Sea in an exercise called "Monsoon." The two convoys were also sub jected .to submarine "attacks." Come In & Take A Close Look At Spring - Easter Lilies, Carnations, Stock, Mums, Pom Poms In Full Bloom. Flowers That Gladden The Heart And Are The Symbol Of EASTER . . . 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