anaheim-gazette 1948-10-28

Fair, Hallowe’en Fun, on Program (Continued from Page 1) morning, Republican leaders of the county will be preparing to meet Governor Warren at Laguna Beach. He will be the guest while here of the Dewey-Warren campaign committee and various volunteer groups. The state’s chief executive, only national nominee to visit the county this election, will be met at Broadway and South Main street, Santa Ana, at 9 a.m. by his backers and escorted to Anaheim for his talk at the open-air Greek Theatre at Anaheim City Park at 10 a.m. A mile-long caravan of decorated cars will swing in behind his automobile for the Santa Anato-Anaheim trip. Applying the bunting and the signs to the cars will be Young Republicans from the 10 county units. Mrs. Lelia Eastman, chairman of the Dewey-Warren committee will be joined by Mrs. Florence Stevens and Robert Banyard, who serve with her on the Distinguished Guests Committee of the southern California organization for Dewey-Warren, to greet Gov. Warren. Mayor Charles Pearson of Anaheim will extend the city’s official welcome. Mrs. Edith Donnelley of Hayward has visited in Anaheim for the past week as the guest of Mr. and Mrs. Charles B. Ward of 416 Olive street. Mrs. Donnelley is the sister of the late Mrs. Gerald Ward, mother of Mr. Ward. RALPH McFADDEN is my candidate for Supervisor of the Third District. I hope that all who supported me in the past Primary Election will support Ralph, as I believe he will give the Third District one of the best administrations in its history. /s/ Haskell Kelley This ad paid for by friends of Haskell Kelley. Phill Twombly, Chairman TO VISIT TUCSON, Drew Knight, pharmacist at Jackson’s Drug Company, is leaving here this week to enjoy a vacation of several days as the house guest of Mr. and Mrs. Donald Monsoon of Tucson, Arizona. Farm Help Still Scarce In State (Western News Service) Demand for agricultural workers in California still continues high, Edward F. Hayes, chief of the state farm placement service said, with tomato and grape farmers needed in Yolo, Sacramento and San Joaquin counties. More than 50,000 workers in the cotton fields at the pre-time, and the demand for workers has lessened the supply man-power for other crops. The Valencia orange crop reportedly 90 per cent harvested and in the north coast difficulty is being experienced with wine grape and walnut vests because of labor shortages. Harvests of olives and rice started in the Sacramento valley and up to 4,000 olive pickers be needed during November harvest a bumper crop. Approximately 3,700 rice workers were needed during November. BACK FROM UTAH Mr. and Mrs. Aubrey (Blake Anderson) and their son, Tom Lincoln and Stanton boulevard returned Tuesday morning enjoying deer hunting and visiting his relatives. During their 10 trip, three days were spent hunting, with the results of specimens, said, by a usually liable source to have been shown young Tom. The family visited Mr. Anderson’s brothers Spanish Fork, St. George Beaver, and his sister in H TO VISIT TUCSON, Drew Knight, pharmacist at Jackson's Drug Company, is leaving here this week to enjoy a vacation of several days as the house guest of Mr. and Mrs. Donald Monsoon of Tucson, Arizona. Mrs. Edith Donnelley of Hayward has visited in Anaheim for the past week as the guest of Mr. and Mrs. Charles B. Ward of 416 Olive street. Mrs. Donnelley is the sister of the late Mrs. Gerald Ward, mother of Mr. Ward. DON'T VOTE FOR THIS STOOGE! LIQUOR INTERESTS AS A GOOD CITIZEN, VOTE FOR HONEST LIQUOR CONTROL—YOUR VOTE YES on #12! means honest community liquor control! AS A GOOD CITIZEN, VOTE FOR HONEST LIQUOR CONTROL—YOUR VOTE YES on #12! means honest community liquor control! YES on #12! Will end state dictated liquor control! Will return retail liquor license control to local authorities! YES on #12! Will rid our cities of liquor dives and skid row bars — it is not Local Option or Prohibition! Do not be misled by lavish billboard advertising paid for by the distillers and tavern owners! Vote NO on No. 2 YES on #12 Sponsored by The Citizens Committee of Anaheim, California; In Cooperation with The Association of Christian Churches of Anaheim, The Anaheim Ministerial Association and The Woman's Christian Temperance Union of Anaheim, Californi Wm. Trapp, Sr., Passes After Long Illness William Trapp, Senior, passed away at his home at 324 North Lemon street, on Friday of last week after a long illness. Born in Germany 80 years ago, he came to Anaheim in 1882. He had been a rancher since coming to this city, the ranch being on South Rio Vista street. Left to mourn his passing are his wife, Frieda of the home; two sons, William, Junior, of Anaheim, and Walter Trapp of Hawthorne; ten grandchildren and six great grandchildren. The deceased was a member of St. Boniface Catholic church. Recitation of Holy Rosary was held Monday evening at 8 o'clock at Backs, Campbell and Kaulbars chapel. Mass was Tuesday morning at 9 a.m. at St. Boniface church. Local Woman In Fatal Crash Fatally injured in an automobile wreck Saturday was Mrs. Katherine Bartholf, 72, of Anaheim, who died Sunday in the San Bernardino hospital. She was injured when the car in which she was riding with J. B. Coykendall, 76, Anaheim, went off Big Bear road, according to Deputy Coroner E. P. Doyle of San Bernardino. G.E. REPORTS a PROFITand PROGRESS for ALL! Our dictionary says “profit” comes from the old Latin word meaning “progress”. Also, “profit is the excess of income over expenditure” — what’s left after taxes, employees’ pay, material purchases, light, heat, power, and other outlay. A company’s profit, then, is a pretty good indication of its “progress”. A look at the figures released today shows the “progress” GE made in July, August and September. In that period, we sold $365,173 products. From investments we received $7,735,000. But materials, employee fits, and other business expenses came in addition, Uncle Sam will get some taxes. So, on the morning of October “profit,” or could show “progress” at $29,300,000; or about 8¢ out of each Naturally, all the “progress” money (the 8¢ of “profit” out of each dollar received) could go to the stock-holders or owners in dividends. But management and intelligent ownership have found out over years of General Electric management is back into the business about 4¢ “progress” money. This 4¢ goes to new buildings, new education, new Naturally, all the "progress" money (the 8¢ of "profit" out of each dollar received) could go to the stockholders or owners in dividends. But management and intelligent ownership have found out over years of experience that a company—if it is to survive in competition—must "plow back" a good portion of its profits into tools, equipment, research, product improvement and "rainy day" reserves. Why does GE spend about 50% of its profits to purchase improved equipment, more research, and more and better places to work? Because it is only through more and better tools—and more conscientious use of them—that production can be increased and prices lowered—and these more and better tools of production can be bought only with profits or "progress" money the company retains or with the savings or "progress" money we get from others through borrowing or through further stock sales. By providing out of profits or "progress money" an investment of over $7000 per employee—for the right tools, the right place to work, and the right stuff to work with—GE actually "sets up" each employee in business, And the American Federation of Labor confirms this principle that when opportunities for profit diminish, opportunities to make a profit is a mainspring to efficiency and good maneuver feels that competition and the profit incentive are necessary. Our high living standards exist because we produce ANAHEIM W GENERAL GE LOWE’EN PARADE SEATS THE PARADE IN COMFORT AT THE ELKS' CLUB Tickets Purchased Now Guarantee You a Good View of the Parade ON SALE NOW AT THE ELK'S CLUB TICKETS: 62.5- Plus 12.5c Tax; Total 75c GENERAL ELECTRIC management reported today that sales were $365,173,260 for the third quarter of the year; that expenses were $328,617,140, including wages and "job dividends" of $166,500,000; that Federal income taxes accrued during the quarter were $15,000,000; that $15,100,000 was reinvested in the business; and that GENERAL ELECTRIC management reported today that sales were $365,173,260 for the third quarter of the year; that expenses were $328,617,140, including wages and "job dividends" of $166,500,000; that Federal income taxes accrued during the quarter were $15,000,000; that $15,100,000 was reinvested in the business; and that $14,200,000 was paid to stockholders. In today's confused atmosphere, at least two of the items above are likely to be of interest. One is the prices at which these millions of dollars of sales were made. So, it is significant that GE prices were an average of only 38% above 1940, whereas wages are up 88% and prices of all manufactured articles—including the materials and parts we buy—are up 102%. The other item of natural interest is profits. They were 8¢ out of each dollar received during the quarter—as compared with 7¢ last quarter and last year, and all the way up to 17¢ in prewar years. They were about 18% on "investment" as computed from a technical accounting standpoint. Now, GE is an association of 200,000 employees and of 250,000 owners. The money these owners invest in the 28,845,927 shares of Company stock goes to buy "the tools for the team"—the machines and other aids our employees need and use to produce GE goods. For risking this money with us, GE's stockholders are entitled to dividends when earned just as they have to take the losses when those occur. Electric management is therefore plowing into the business about 4¢ out of the 8¢ of its money. This 4¢ goes to purchase new tools, dings, new education, new research—all for Electric management is therefore plowing into the business about 4¢ out of the 8¢ of its money. This 4¢ goes to purchase new tools, buildings, new education, new research—all for effectiveness in satisfying our customers and providing for our employees the best possible job security. This leaves the remaining as dividends to GE stockholders. The picture above shows that out of each dollar received by General Electric in the period of July, August, September, GE employees' pay and benefits took 45¢... materials and other such charges used up 43¢... taxes consumed 4¢... and out of the 8¢ of profit, new tools and other such needs of the business took 4¢ while GE stockholders got the last 4¢ for taking the risk and letting us use their money. Improved equipment because it is used of them—more and more or "progress" money we sales. Investment of over work, and the free in business, providing him with the means to increase production and to benefit himself, his family and his community. Because it benefits everybody, everybody has a vital interest in GE "progress" money and where it goes—into new tools or to pay back those who invested their savings because of their belief in our ability to run GE for the mutual good of employees, customers and public. A noted economist finds: "High profits reflect a high level of business activity; sustained business activity in turn has meant higher income for labor. Both find their sources in high levels of production: the higher the total output of goods and services, the greater the national pie and the greater the slice for everyone." Confirms this principle in these words: "We have learned the lesson diminish, opportunities for jobs disappear also". "The chance efficiency and good management in a free enterprise system." "Labor incentive are necessary to assure good management and productiv- because we produce more per man hour than any other nation." ANAHEIM WORKS GE ELECTRIC