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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Aug. 25, 1963)
Business Review By Floyd L Wynne IIKKALl) AND NfcWS, klaniath Falls. Orpson Sunday, August 25, 19M PACiK 3 State Assessed Value Listed At $3.1 Billion -i-tSBSsfe."J?'is --" NEW PARKING LOT This house at 5 16 Pine Street Is being dismantled to make way tor a new private parking lot. The lot is expected to be placed in operation sometime next month. It is owned by Mr. and Mrs. J. E. Oskinq of Menlo Park, Calif. The house is one of the oldest residences in downtown Klamath Falls. VAL TO m li i mil f (I, t , l- !'.', ;t,v H J This tax The assessed value o all prop-iDcpartmont t Commerce, c-rty on local tax rolls in Ore- included Ml million of gun was $3.1 billion in ac-exempt values. Locally - as- cording to a report published by sesscd real estate accounted fut ure Bureau of the Census, U.S. S23 billion, or 73.1 per cent of total, Bocchi Attends Executive Class James D. Bocchi. assistant sec retary of First Federal Savings and Loan Association, Klamath Falls, will attend the fourth an nual American Savings and Loan Institute School for Executive De velopment at the University of Washington in Seattle Sept. 1-14. The two-year program empha sizes individual development with studies concentrated in the areas finance, economics, and the be havioral sciences. The American Savings and Loan Institute is the educational and professional organization for per sonnel in savings associations and co-operative banks. It helps train personnel and develop future executives through a wide range of specialized courses of study. The School for Executive Dc velopment will be attended by nearly 123 savings and loan as-! sociation employes from 21 states, including Hawaii. The institute conducts a similar national school at the University of Georgia. NEW DEPARTMENT Montgomery Ward held a qrand opening last week in this new appliance section located on the main floor. The new location provides customer con venience and more space for appliance display, according to Bob Gotshall, manager. This view shows the new appliance arrangement. Pharmacists In State Top National Average OREGON STATE UN1VERSlTY,net sales was 3.8 per cent over the Oregon pharmacists have almost 13 per cent more earning power than the national average and the net worth of Oregon pharmacies averages almost $36,-; 000, some $4,000 above the nation al average, according to a recent study made by Oregon State Uni versity pharmacy graduate stu dent Charles R. Harrison. previous year although one third of selected Oregon pharmacies suffered a loss in total sales vol ume. Harrison also found that neigh borhood pharmacies had a low percentage of prescription salcsl and a high per cent of non-pre scription sales. Downtown phar macies had a higher per cent of to neighborhood pharmacies. Preemption and clinic Dharma ness man me nations average cies were less BENJAMIN F. BIAGGINI SP Selects New Veep Beniamin F. Biaccini has been elected executive vice president ;ntrol and a director of the Southern In a(1ditiur. ,,e survcv was Pacific Company, President D. J 'aimcd at finding what effects the locally- pioperty for stale-assessed million. in tnc the net taxable assessed personal $420 million, and property for $341 Properly tax revenue slate totaled $W2 million n HKil, $104.47 per capita, and ac counted for 43.1 per cent of all state and local government lax revenue. In the nation as a whole. property taxation averaged $H8.35' per capita, or 4(1.3 per cent ol all state and local taxes in 11. Oregon's local tax rolls carried 747.000 separate pieces of real estate in llHil. There were 408.000 residential innnfarm) properties. 1811.000 pieces of acreage or farm property, 121.000 vacant lots, 20, 000 commercial and 4.000 indus trial properties, and 4.000 proper ties classed as "other and unal locable." Real estate in Oregon was lo cally assessed at an average of about 22 per cent of its market worth in l!Hil, judging from re suits of a survcv of real-estate sales during a fi-month period The indicated market value of all locally-assessed real property the state was about $10.3 billion, or $5,732 per capita At the same time, Harrison's i prescription sales when compared study shows that Oregon pharm acists owned more of their busi- pharmacy owner. The national average is 61.7 per cent and Ore gon's is 68.2 per cent. The study was conducted among selected Oregon pharmacy own ers in an attempt to find what extent and by what methods Ore gon pharmacy owners plan and their financial opera- Russell announced today. Biaggini, who is 47, has been a vice president in the transporta tion company's Executive Depart ment in San Francisco since 1956. A native of New Orleans, he was graduated from St. Mary's University at San Antonio, Texas, in 1936, and entered railroad serv ice with Southern Pacific's Texas and Louisiana Lines at Ennis. Texas, that year as a rodman in the division engineering depart ment. Subsequently he held various po sitions in the engineering and ex ecutive departments of the rail road in Texas. In 1955 he became vice president at Houston, Texas, and he moved to Southern Pacif ic's San Francisco headquarters the following year. sales volume, form of ownership and type of store have upon fi nancial management by phar macy owners. The study also wanted to determine (lie amount of academic background prepara tion of pharmacy owners and their opinions as to how well this educational training prepared them for a role of a business manager. The study was made by per sonal interview and question naire. Fifty per cent of the ll'iidi iiictcius siuuies were owned expensive to oper ate and more profitable than the medium sales volume pharma cies. Salary and wage expenses were highest in the latter pharma cies while rent was highest in the former pharmacies. Another point of interest found by Harrison was the 92 per cent of the pharmacies granted credit to their customers on a regular basis. Tile study also revealed that Oregon pharmacists tended to be passive in the financial manage ment of their stores. Every phar macy owner interviewed in the study believed he did not have sufficient business training hi college. p. svx -v ii itr inrrla'i i" . , . - tiiiiii -mniimi- -inwirii 4- EDWARD DAVIDSON Bank Picks E. Davidson Edward Davidson has been ap- pointed assistant manager of Crocker-Anglo National Bank's Tracy office, it was announced by president Emmett G. Solomon A native of Klamath Falls, Da vidson was educated here and served in the Marine Corps dur ing the Korean conflict prior to joining Crocker-Anglo's Redding office in October, 1952. During his career of more than a decade with the bank, Davidson has served as chief clerk at the Paso Robles and Chico offices and, previous to his latest pro motion and transfer, he was oper ations supervisor at the latter of fice. The new assistant manager is a member of the American Insti tuto of Banking's peach belt chap ter board of governors, on which he has served as both second and first vice president. Davidson and his wife have a son and three daughters. The Tracy office Is managed by assistant vice president Har old J. Navvrocki. It has served its community at 60 West Tenth Street for more than five years and is one of Crocker-Anglo's 127 offices in California. 'p. 4' NEW PLANING MILL A new planing mill is under construction for Modoc Lumber Co. at the firm's plant site, Third and Oak streets. The mill will take the load off the present planing mill, with the available work being split between the two plants. The 180 x 125-foot plant Is expected to begin operations within the next two months. It is being built under a $20,000 building permit by Brosterhous Construction Company. 1; r- H? 1. 1 IV r: V V U PURCHASES MOTEL Mrs. Jessie Lee Hosford is shown receiving the keys to the newly purchased Zigler Motel from E, W. Zlgler following purchase. The motel has 12 units and is located north of Klamath Falls on U.S. 97. Mrs. Hosford, a native of Klam ath Falls, is also a member of the pioneer Applegate family of this area. Her mother was Helen Applegate. Mrs. Hosford conducted a children's theater here for a number of years. She will operate the motel. FOIL BABY Hold it! Don't throw away that wornout pillowcase. You can cut it to .size and use it in baby's crib. Tuck the pillowcase around the top of the crib mattress. Then' if baby bubbles, you do not need to change the entire sheet. PEDICURE For a pedicure, soak your feet' and dry well, in warm soapsuds and clean un der nails straight across and push back cuticles. Scrub feet using a well-lathered pumice stone on roughened skin or calluses. Rinse .7 THIRTY-YEAR PIN AWARDED Lawrence Myers of Dorris, Calif., left, receives a pin marking 30 years' serv. ice for Pacific Power and Light Company from Sam Kitchey, district manager ot PPSL. Myers has been a lineman in the Dorris area for 24 years. Previous to that, he worked for PP&L at Yreka. At the present time. Myers is the only power serviceman in Butte Valley. He lives with his wife, Myrtle, in Dorris. His son, Elden, is in the U.S. Navy. by one pharmacist. The other half were divided between part nerships and corporations. The survey found that prescrip tion sales accounted for an av erage of 42 6 per cent of total net sales in Oregon pharmacies. Proscription sales avciage just Biaggini is a director of Junior lover $.")3,000, approximately 7.3 Achievement of San Francisco, per cent above the national aver-i Inc.. former director of the San age. Overall average gain in total Francisco. Inc.. former director of the San Francisco Chamber of Commerce, and 12 campaign chairman of the United Bay Area Crusade. He is a resident of Hillsborough, Calif. J0B nniRiTiAin From lovely invitotions to handbills; from business cards to posters ... we can handle any printing job and beautifully! TIPS FOR DIPS Your small frvs' wading pool picks up a lot of grime from the kiddies. Keep it clean with a reg ular cleansing. A mixture of pine oil cleaner with warm water or a combination of soda and water make inexpensive solutions. Rinse thoroughly with cicar water be fore refilling. For Icllent Servict Coll BEST Telephone Answering Seryie TU 2-46S1 Rita Lowronco Florotto Rioch GUARANTEED TRUCK SERVICE AND REPAIRS We're Specialists on 4 - wheel drive Willys 'Jeep' vehicles, bur we are equipped to serv ice all makes. JOE FISHER Lincoln, Mercury, Comet Willys 'Jeep' vehicles 477 So. 7lh Ph. 4-8104 Emergency Phono: Chorlio Romp, 2-4958 I lUgcse Printing, Inc. 12th & Klamath TU 4-5373 CHECK THESE PLUMBING AMERICAN STANDARD FIXTURES 1 Salem Steel Tub 1 No. 2122 Am. Standard Toilet 1No. F-331 Basin Full Retail Price Complete With Trim .... $218.51 While They Lost - Yours For Only 135 52 -Gal. Electric Hot Water Heaters. Glass lined, Quick Recovery. 20 off Norris Thermadore Ba sins. Wall Hung, Large 18x20, White. $ 69 50 Many Other of only Quality Basins 50 FRIESEN-WELMAN COMPANY PLUMBING CONTRACTORS - Since 1920 1715 Main Ph. TU 2-6333 THIS IS W00DBURN SENIOR ESTATES the retirement community where the VLfADDV nAVC A Li C A IV' are being lived NOW! Just a few miles south of Portland in Oregon's beautiful Willamette Valley is this proven, successful retirement community of new individually owned homes. Nearly four hundred homes are completed and occupied by the happiest, most active retired or semi-retired people you'd ever want to know! Here Ihey are enjoying the privacy of their own new homes, a small yard that's never too much care and many friends their own age to share interests and activ ities. Woodbum Senior Estates is the Northwest's largest, most successful retirement community because the home owners here live an active retirement . . . play golf on their own course ... join in activities such as lodges, bridge and study clubs, craft groups, fish, hunt and take part in many outdoor activities so popular in this beautiful part of the Northwest. Best of all, owning your own ictirement home in Woodbum Senior Estates helps your retirement dollars go farther . . . you can live the active, happy life you've always wanted on a modest retirement income! ' LUjri Jifcjfc ilmmtj ' , ...iiJLi FISHING AND HUNT INO lrami and ceaitat woltt txtken fh eutdMnmon. Hunt Ins. fithfnv, boehcemblnf( rock hunting clot ol hand. ATTRACTIVELY DESIGNED HOMES. Choow your location and the home you want from many deiignt and plant. SEEING IS BELIEVING You have to see this wonderful community of smart, attractive new homes and feel the. atmosphere of content and happiness to be lieve it! ACTIVE FUN RETIREMENT! A new home of your own ... for only $75 a month YOU AKIi INVITED to come and visit and ask questions. No founders, admittance or maintenance fees at Woodbum ... you own your home. Low down payments and monthly payments from $75 to $94 (including princi pal, taxos, insurance). Total cash prices from S!),475 to .$11,750. Four model homos open for inspection every day. Son the Country Club and golf course. Drive through our community . . .see and fed the live atmosphere of Woodbum Senior Kstatcs! COME TODAY-BRING THE FAMILY, TOO! -u zMM W00DBURN SENIOR ESTATES Just 29 miles south of Portland TAKE INTERSTATE 5 FREEWAY TO WOODBURN EXIT HEtAX WITH FRIENDS. Shonng fun ll a price lait part of woodbum Senior Euaiet. Acnv iliei abound-tiolt, itudy groupi, pollucki. SHOPPING'S EASY. Ride the convenient inut ile bui to the Shopping Center, Ihe city center or the goll course. ! " -- 1 "TOUR" WOODHURN SENIOR ESTATES WITH OUR COIOR ROCHUE WOODIURN SENIOI ISTATIS IO5-0 Prtixelon Road, Wnodhorn, Oreoon I'm InltrtMUd In yvr "mthot wf". Wlihcut bllgatisn, pii tend mt yewr FREE COIOR lOCHUl daicnblni In lull dloH "Acliv lttifMl t Wd" 57 MAIL TODAY NO OBLIGATION B j HAY OOIF ANY TIMC. Challenging full liie golf courie only a tew inlnutei from home. Congenial golf portnen olwayi on hand. T
