anaheim-gazette 1948-01-15

Swank Lounge in Train of Tomorrow ONE OF many diversion spots aboard train of tomorrow—shown here are two of the four different levels, comprising the Observation Lounge car of the new General Motors train of tomorrow, now on nation-wide exhibit tour of principal cities. Feature of this section is the "top o' the rail" refreshment bar, with wall seats, chairs and tables forming a cocktail and recreation lounge of striking decor. The car is resplendent in color, lighting and design of furniture. The train of tomorrow, composed of observation lounge, diner, sleeper and coach, is powered by a standard 2000-horsepower Diesel locomotive, manufactured by the Electro-Motive Division of General Motors. Air conditioning is by Frigidaire. Both Orange, Lemon Market Turn Downward Bank of America Reports New All-Time Highs With publication of Bank of America's 1947 year end statement of condition, showing all time highs in deposits, resources, loans and earnings, President L. Giannini declared that the most significant development during the year was in the growth of real estate home loans. Total of all loans and discount outstanding December 31 was $2,492,979,000, which was $772,360,000 higher than the previous year end. Of this total, more than 220,000 loans aggregating $1,248,000,000 were in the real estate loan category and averaged about $5650 each. Giannini revealed that these loans are being repaid at a rate of more than $20,000,000 per month, approximating a quarter of a billion dollars annually. Pay off on installment credit loans even greater, averaging $90,000 a month on a total volume of loans made of more than $1,100,000,000 during the year. This produces a high degree of liquidity and permits the bank to lendable funds over and over meeting the needs of borrowers. Investments in securities declined $711,430,000, and totaled $2,170,721,000 at December 31. Substantial part of this decline was in the longer term security. At the year end more than 80 percent of the investment in securities was due or callable in five years or less, and approximately 50 per cent due in one year. Deposits at December 31 totalled $5,467,199,000, a new high $353,909,000 higher than at July 30 last and $51,350,000 more than the 1946 year end. Both Orange, Lemon Market Turn Downward After a slow but sustained rise which has covered several weeks, market prices for both oranges and lemons turned downward this week. At the end of last week the average for oranges showed a gain of about 25-26 cents over the preceding week and the average for lemons was up 40-45 cents from the preceding week. Sales of California navels during the week ending January 10 averaged $3.47 a box, FOB packing house. In the corresponding week in 1947, the average was $2.19; in 1946 it was $3.87 and in 1945, $3.52. The volume of sales was considerably under the volume for the corresponding week in any of the three preceding years. Sales of California lemons last week averaged $4.71 a box, FOB on a slightly increased volume. In the corresponding week last year the average was $4.35; in 1946 it was $5.13 and in 1945 it was $4.91. Heavy snow which hampered distribution in the middle west and east as well as lower prices for Florida oranges were blamed for this week's recession in the price for California oranges. The recession did not extend to medium and smaller sizes. The average on Tuesday's auctions for fancy 150s was $5.14. A week earlier it was $5.71, 176s averaged $5.49 compared to $5.84 a week earlier; 200s averaged $5.69 Tuesday compared to an average of $5.84 a week earlier; 220s averaged $5.68 compared to an average of $5.59 on the preceding Tuesday; 252s averaged $5.48 compared to $5.25 a week earlier; and 288s averaged $4.65 while a week earlier the average was $4.28. Because of a lively demand for small lemons in the south only 490s sold for more money on Tuesday's auctions than they had on the preceding Tuesday. 252s averaged $6.15 compared to an average of $6.95 a week earlier; The Orange Administrative committee allotted 650 cars of southern navels to this week's shipments and 350 of northern-central navels, which should soon satisfy the demand for medium and small sizes as the southern navels are averaged 58 per cent 252s and smaller. It was estimated Florida shipments this week would total 2,730 cars, including 480 cars of tangerines. Advisory Group Meeting at FJC Today, Thursday, a luncheon meeting of the advisory committee of the merchandising, selling, secretarial and accounting divisions of the business education department, is being held at Fullerton Junior college. Formed approximately a year ago, these advisory committees are composed of businessmen and women of Fullerton, nAaheim and Whittier. The purpose of members of the organization is to serve in an advisory capacity to the jaysee's business education department and to aid in the development of the training program. The agenda for the meeting is providing for a discussion of the annual business day for the second semester and the possibility of extending a cooperative teaching program to include secretarial, accounting and other fields of business training. Among those invited to attend today's session are K. F. Hellyer, owner of the Hellyer Buick agency of Anaheim; Ernest W. Moeller, secretary-manager of the Anaheim Chamber of Commerce, and Doris Nelson, secretary at the Caltone corporation of Anaheim. Ernest Muth, office manager of Standard Oil Company of La Habra is attending also. Mrs. Jessie Taylor Death Thursday Mrs. Jessie R. Taylor, 68 years of age, passed away at the home at 238 North Lemon street, on Thursday, Jan. 8. Born in Scotland, she had resided in Anaheim for the past two years, and in California for 12 years. Surviving is one sister, Mrs. Margaret T. Campbell of Anaheim. Backs, Campbell and Kaulbars $711,430,000 and totalled $5,467,199,000, a new high $353,909,000 higher than at June 30 last and $51,350,000 more than the 1946 year end. Total resources were $5,845,810,000 on December 31, a gain of $376,034,000 over June 30 and $80,292,000 higher than the previous year end. The bank's net profit for the year was $39,590,000, or $4.64 share, compared with $28,962,000 or $3.39 per share in 1946, on the 8,531,710 shares of capital stock outstanding. Out of this net profit dividends were paid at the rate of $2.25 per share, a total of $19,196,348, and $20,394,000 added to capital funds, which no total $261,690,000 exclusive of the reserve for possible loan losses of $37,046,000. This is an unallocated reserve, designed to provide protection in addition to capital fund against any possible future losses. Salvation Army Pleads for Used Clothing, Shoes Contributions of all kinds to men's 'women's and children's used clothing and shoes are being sought and urgently needed by the Salvation Army's Social Service Department serving this area; its post-Christmas effort to meet numerous calls for warmer garments due to seasonal weather changes. Bedding also is in demand. "We are hopeful that the poor Christmas period will see continued demonstrations of the same thoughtfulness and kindness which marked the pre-Christmas period," said Major Orlo Ellison, district manager of the Social Service Department. "Men whom we are able to employ in our carefully directed work shops can repair and improve used clothing so that it salable in Salvation Army stores at low prices within the reach families in comparatively poor circumstances. Through public cooperation in contributing clothing and other salvage materials." Mrs. Jessie Taylor Death Thursday Mrs. Jessie R. Taylor, 68 years of age, passed away at the home at 238 North Lemon street, on Thursday, Jan. 8. Born in Scotland, she had resided in Anaheim for the past two years, and in California for 12 years. Surviving is one sister, Mrs. Margaret T. Campbell of Anaheim. Backs, Campbell and Kaulbars mortuary prepared the body for shipment on Sunday to the old home in Salt Lake City for interment in the family plot in a cemetery there. Anaheim Gazette since 1870. From the Heart of the Grain Country 94.4 Proof Distilled from Grain The American Distilling Company Inc. New York • San Francisco Phoenix • Sausalito Bank of America Sports New Time Highs The publication of Bank of California's 1947 year end statement edition, showing all time loan deposits, resources, loans and earnings, President L. M. Giannini declared that the most significant development during the year was in the growth of real home loans. All of all loans and discounts ending December 31 was $979,000, which was higher than the previous month. Of this total, more than $1,245 were in the real estate category and averaged about each. Giannini revealed that loans are being repaid at a rate of more than $20,000,000 and approximating a quarter million dollars annually. Payments installment credit loans is greater, averaging $90,000/month on a total volume of made of more than $1,100/month during the year. This pro-acta high degree of liquidity permits the bank to employ the funds over and over in meeting the needs of borrowers. Investments in securities declined by 1,430,000 and totaled $721,000 at December 31. A substantial part of this decline is due or callable in five years or less, and approximately one percent due in one year. Visits at December 31 totaled $467,199,000, a new high, $99,000 higher than at June and $51,350,000 more than six years end. Governor Accepts Invitation To Coloma’s Gold Discovery Festival GOLDEN OPPORTUNITY—Little Jim Farley, grandson of a former California Senator, demonstrates to Governor Earl Warren how his pioneer ancestors panned for gold and invites the Governor to attend the first of California’s three-year program of Centennial Opportunities. GOLDEN OPPORTUNITY—Little Jim Farley, grandson of a former California Senator, demonstrates to Governor Earl Warren how his pioneer ancestors panned for gold and invites the Governor to attend the first of California's three-year program of Centennial celebrations, the Discovery of Gold at Coloma, El Dorado County, on January 24, 1948. Governor Warren accepted with pleasure, saying, "There is much to inspire us in the celebration of these events, for they bring to mind vividly the progress which we have made during the last one hundred years." High Prices Boost County's Wheat Acreage (Western News Service) California farmers will play an important part in easing hunger abroad next year and will raise approximately 15,000,000 bushels of wheat in 1948, a survey conducted by the California Crop and Livestock Reporting Service disclosed today. Preliminary estimates by the service show farmers in this state have planted or will seed 866,000 acres to wheat, 2,100 acres being in Orange county with an expected yield of 42,000 bushels. The expected yield next year should be far greater than that of 1941 when 868,000 acres were planted and 752,000 acres harvested with a yield of 11,745,000 bushels, and in 1946 when 663,000 acres harvested yielded 12,597,000 bushels. Returns to growers this year are expected to be far greater than ever before, but costs are higher. Farmers received $1.03 per bushel in 1941, and $2.01 in 1946. Prices quoted today for July wheat are $2.66 and for September, $2.59¼. Condition of wheat in California, the service reported, was 86 percent of normal December 1, above the December 1 average of 81 percent. At the same time a year ago conditions were 88 percent but a dry year cut the yield. Good soaking rains are needed to put the ground in condition for planting and to provide moisture for fields already planted, said the service. Dry weather in the south has delayed planting of dryland wheat. The service also disclosed that the To Compete In Model Contest Three Anaheim boys are listed among youths from throughout the United States entered in the 1948 model automobile designing and building competition sponsored by the Fisher Body Craftsman's Guild. The local entrants include Richard Arnold, 1101 East North street; Lewis F. Jensen, 139 North Lemon street, and Ronald Shattuck, 550 South Helena street. A total of $65,000 in awards, including eight university scholarships, is being offered by the Craftsman's Guild to boys who design and build the best model cars this year. Entrants are between the ages of 12 and 20, and are divided into junior and senior divisions. The Anaheim entrants will compete first for the 14 state awards offered in California. The top junior and senior winners then will vie with other boys from neighboring states for regional honors, and 40 regional winners will receive free trips to the national Guild convention to compete for one of the eight university scholarships. Deadline for shipment of models is July 1, contest spokesmen stated. Overseas Vets Can Choose Re-Enlistments An opportunity to serve three year in the continental United States in the U.S. Army is now offered many veterans of the Army, Navy, Marines or Coast Guard, according to Major J. S. Muir, Orange county recruiting officer. "Authority has just been received," said Major Muir, "to enlist a limited number of men." and the pre-Christmas peraid Major Orlo Ellison, dismanager of the Social Serdepartment. In whom we are able to emmend our carefully directed shops can repair and immute clothing so that it is in Salvation Army stores prices within the reach of us in comparatively poor circourses. Through the public's ration in contributing clothing and other salvage materials, provide work for men who work, in reprocessing the tools for use by families who them. Often, too, we find ents which can be turned at once for use by persons special need who are unable anything for them," said major. Army-Air Force Builds Character Donald Douglas, president of Douglas Aircraft, recently placed high evaluation upon the训 ing in many phases of aviation available to young men in the United States Army and the United States Air Force. This training, he pointed out, not only includes specialized courses under the country's foremost instructors, but the Army builds character which is an important consideration to a prosovive employer. Opportunities to take advantage of this free training in the United States Air Force are now greater than ever before, according to M/Sgt. H. E. Loeffelhardt in charge of the local U.S. Army and U.S. Air Force Recruiting station at 128 So. Los Angeles street. Men with two years of college may qualify immediately under the Air Cadet program, Sgt. Loeffelhardt said. Others may qualify for Air training later by joining the Army now and taking a specialized course. He urged those interested in receiving this training to contact the local recruiting station and get the information first hand. Can Choose Re-Enlistments An opportunity to serve three year in the continental United States in the U.S. Army is now offered many veterans of the Army, Navy, Marines or Coast Guard, according to Major J. S. Muir, Orange county recruiting officer. "Authority has just been reeceived," said Major Muir, "to enlist a limited number of men with prior service in the following organizations. 2nd Infantry Division, Fort Lewis, Wash.; 2nd Armored Division, Camp Hood, Texas; 82nd Airborne Division, Fort Bragg, N.C.; 2nd Engineer Special Brigade, Fort Worden, Wash.; 3rd Armored Division, Fort Knox, Ky.; 4th Infantry Division, Fort Ord, Calif.; 5th Infantry Division, Fort Jackson, S.C. and 9th Infantry Division, Fort Dix, N.J. Applicants must have had overseas service subsequent to August, 1945, and are guaranteed a minimum of three years in the unit of their choice." Complete details are available at the U.S. Army and U.S.Air Force recruiting office at 128 South Los Angeles street in Anaheim. Lee Ditch Death Last Tuesday Death claimed the life of Lee Ditch, 73 years of age, on Tuesday, Jan. 13. A native of Waterloo, Iowa, he had lived in Anaheim for seven years. Surviving are one sister, Mrs. Mae Dowling, St. Louis, Mo. Funeral services will be held Friday afternoon at 2 o'clock from the chapel of Backs, Campbell and Kaulbars mortuary with the Rev. Leslie Sim, pastor of Wesley Methodist church; this city officiating. Burial will be in Sunnyside Memorial Park. Empire Chorale To Sing Here The Orange Empire Chorale will present a special musical program Sunday evening at 7:15 o'clock in the White Temple Methodist Church. The group will be directed by Milton Young, Anaheim Union high school instructor. The civic group of singers meet every Tuesday night for rehearsal in the First Christian Church, Santa Ana, at 7:30 o'clock. Recently organized, a full season of programs is being planned, choraleokesmen said. The White Temple concert will include sacred dand semi-sacred vocal arrangements. State Extends Credit to Home Buying Vets Veterans purchasing property under the State of California's farm and home purchase plan may obtain loans for needed repairs and improvements for moderate additional payments, according to the State Department of Veterans Affairs. The same low rate of interest—now 3 percent—which applies to the original purchase contract is applicable to supplementary loans. Veterans also may take advantage of low cost group coverage policies of fire insurance and home protection life insurance on the increased investment. Loans may be made for repairs or reconditioning, correction of excessive deterioration, and for repairing or remodeling property purchased under the state veterens' program, the department said. Funds advanced for repairs will be repaid at the rate of $1.50 per month for each $100 of the amount county veterans service offices or community service centers. Vets Warned To Ask In Advance For Medical Care Veterans needing hospitalization or domiciliary care were warned by Ben Lieberman, county service officer, to make advance arrangements for admission either to state or federal veterans' facilities to avoid the possibility of being turned away because of lack of accommodations. Liebermann was advised that many veterans have had to be turned down at the California Veterans Home at Yountville after making the trip to the home at considerable expense to themselves. Gazette Want Ads Bring Results. Announce Opening OF ANAHEIM ANIMAL HOSPITAL Complete hospitalization for large and small animals. OUTCALL SERVICE Office Hours: 9-12 A.M. & 2-6 P.M. Tuesdays 9-12 A.M. Only Thursdays 9-12 A.M. & 7-9 P.M. Closed Sundays and Holidays ANAHEIM ANIMAL HOSPITAL 11221 W. Lincoln Blvd. Phone 6190 (Lincoln Blvd and Loara St., Rt. 2) Resident: Robert L. Miller, V.M.D. Any shower can now have a CUSTOM-BUILT GLASS DOOR at a reasonable price! Eugene GLASS SHOWER DOORS FOUSHED ALUMINUM FRAMES And that reasonable first cost is the LAST cost! No frequent replacements as you MUST have if you use shower curtains. Complete CUSTOM-BUILT DOORS INSTALLED Far less work in carving for your bathroom, too. No more splashed floors because a Eugene Glass Shower Door LOW cost group coverage policies of fire insurance and home protection life insurance on the increased investment. Loans may be made for repairs or reconditioning, correction of excessive deterioration, and for repairing or remodeling property purchased under the state veterinary program, the department said. Funds advanced for repairs will be repaid at the rate of $1.50 per month for each $100 of the amount borrowed. Costs of remodeling or repairing will be amortized over the remaining period of the veterinary purchase contract. Special payment terms may be obtained in the case of deterioration due to mites, dryrot or other conditions unknown at the time of purchase. Full information regarding the advance loan program, as well as other features of the farm and home purchase plan may be obtained at any office of the Department of Veterans Affairs. GLASS SHOWER DOORS POUSSED ALUMINUM FRAMES And that reasonable first cost is the LAST cost! No frequent replacements as you MUST have if you use shower curtains. Complete CUSTOM-BUILT DOORS INSTALLED AS LOW AS $34.50 UP Far less work in caring for your bathroom, too. No more splashed floors because a Eugene Glass Shower Door is leak-proof, drip-proof, rust-proof. Plain or decorative glass. LUND & SONS 1120 Lincoln Avenue, Anaheim Phone 5187 Plenty OF HOT WATER AT LESS THAN HALF THE COST "OK, you morning swimmers, dive in! Our new automatic." "OK, you morning swimmers, dive in! Our new automatic gas water heater has plenty!" HOT WATER? Yes, Sir! Be sure the storage tank fits your family's needs STORAGE TANK CAPACITY GUIDE Check for Size! Number Bathrooms Number Bedrooms Storage Cap. Gallons 1 1 or 2 30 1 3 or 4 40 2 2 or 3 40 2 4 or 5 50 3 3 50 3 or 4 4 or 5 75 Luxury and economy, too! A speedy automatic gas water heater costs less to buy... less to operate! And if its storage tank is properly sized, it can keep ahead of any family. That's important, because an average household uses plenty of hot water... up to 140 times daily. Extra bathrooms, modern automatic dishwashers and laundries, step up your needs still more. If your family is getting too big for your present water heater, see your dealer today! SPEEDY... ECONOMICAL GAS SOUTHERN COUNTIES GAS COMPANY