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anaheim-gazette 1950-05-30

1950-05-30 · Anaheim Gazette · page 6 of 6 · OCR glm-ocr
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Sunday Afternoon at the Park Some folks go there to eat . . . Others do a little goldfish poaching . . . Then there's the athlete . . . And some of us just take life easy... Colony Quips (Continued from Page 2) an acre, but in 1947 they were down to $150. "In some ways, he believes it actually is dangerous to own high price citrus property now. 'What if a big grove owner should die?' he asks. His estate tax would be based on the current price, and not that a year or two hence. He remembers cases in the late 40's when groves liquidated in estates brought less than taxes although their asking price was much more a few years earlier. Could Happen Aain "And who can say that the same thing won't happen again when the concentrate market gets top-heavy with price, or if concentrators adopt their own price. Certainly, the grove owner is in a defensive position despite his recent prosperity. But the concentrators are now in the same position against rising fruit prices. Their advantage is in their size." "The growers had better get together and do something about it," said Knight. "Zack Savage, associate economist of the Agricultural Experiment Station, sounds the same warning." "'Periods of inflation come to an end, and weather conditions do not continue so favorable indefinitely,' he wrote in Citrus Magazine. 'Groves bought and held past inflationary periods are often a source of serious loss to the owner, because of continued high costs of ownership, reduced profits from fruit production and declining grove values." "Some people believe an economic depression is impossible or at least unlikely because of government efforts to support farm income and safeguard the economy generally." "They may be right, but pres- Groves bought and held past inflationary periods are often a source of serious loss to the owner, because of continued high costs of ownership, reduced profits from fruit production and declining grove values. "Some people believe an economic depression is impossible or at least unlikely because of government efforts to support farm income and safeguard the economy generally. "They may be right, but pressure from rising production costs, increased taxes, and slackened demand for certain products could place a severe strain on the safeguards, requiring an ever increasing proportion of the taxpayer's declining income for support. 'If unfavorable weather hazards should occur in combination with economic hazards, the individual grower with his savings in a form more liquid than groves would be in a much better financial position than the man with a lot of groves and a big debt.' Warns of Possible Change "W. C. Pedersen, president of Waverly Growers Cooperative, reminds the industry that a change may come even in the next season when California and Texas recover from freeze damages and increase competition with larger production. But the boom continues largely because those with risk capital argue that even if fruit prices do go down, there is still big money to be made. They contend that even at $2 a box on the tree, a grove could give its owner a 10 per cent gross return on his investment if he paid as much as $3000 an acre. This figure is based on a low average yield of only 200 boxes an acre, and a production cost of 50 cents a box. No wonder groves are high. But what's the answer? "Stabilization, say some, through the growers own agency, Citrus Mutual, and the growers' own concentrate business, if necessary." Few are listening to that suggestion now. 'It's difficult,' says G. G. Waré, Leesburg banker, 'to sell a man an umbrella when the sun is shining.'" Postpone L.A. Transit Strike LOS ANGELES (AP)—Postponement of any strike action against the Los Angeles Transit lines at least until June 15 was announced yesterday by the AFL Transportation union and the company af- Postpone L.A. Transit Strike LOS ANGELES (AP)—Postponement of any strike action against the Los Angeles Transit lines at least until June 15 was announced yesterday by the AFL Transportation union and the company after a conference with Harry C. Malcom, federal conciliator. The union had voted to strike at midnight Wednesday in support of its demand for a 20 cent an hour wage increase. Operators now receive $1.47 an hour and mechanics $1.67. Anaheim Gazette, Tuesday, May 30, 1950 MAMA, I WANT TO TAKE MY SOCKO CANDY BOX TO SCHOOL, BUT I CAN'T FIND IT! NOW LISTEN, POMONA! I SENT OAKY TO KILL A GIANT, AND I DON'T KNOW WHEN HE'LL BE BACK! I AGREED TO MARRY THE WINNER BECAUSE I KNEW OAKY WOULD WIN...AND BECAUSE I LOVE HIM! BUT DAD RAT IT, POMONA-- YOU'RE SPOILING MY FUN! I LOVE TOURNAMENTS!! THE SULTAN WANTS TO KEEP US IN KHOOT! TO KILL AT HIS EARLIEST CONVENIENCE! BUT SPRINT WHEN YOU HEAR THE SIGNAL!! SIGNAL? WHAT'LL IT SOUND LIKE? YEAH! HOW ABOUT THE SOUND EFFECTS, BINX? ANY NEWS! SCORCH, I'M JUST WAITING FOR THE LATEST REPORTS! THE SULTAN WANTS TO KEEP US IN KHOOT! TO KILL AT HIS EARLIEST CONVENIENCE! BUT SPRINT WHEN YOU HEAR THE SIGNAL!! SIGNAL? WHAT'LL IT SOUND LIKE? YEAH! HOW ABOUT THE SOUND EFFECTS, BINX? ANY NEWS! SCORCH, I'M JUST WAITING FOR THE LATEST REPORTS! OKAY, SUSAN, NOW I STEN, I KNOW YOUR WHOLE TORY—HOW YOU'VE GOT A JUSTED HEART IT'S TRUE! BUT HOW----? TO TAKE MOVIES, YOU'VE GOTTA HAVE INTERMISSION, OR SOMETHIN! WHEN I PUT YOU BEFORE TH' PUBLIC, YOUR BUSTED HEART IS GOIN' TO STICK TOGETHER AGAIN! I'VE GOTTA GET MORE FILM--IF YOU ONLY HAD REAL DANCIN' CLOTHES-- MEET ME HERE IN HALF AN HOUR, BOSS—I'll CLOTHE THE DEAL SOMEHOW OH, IT'S YOU AGAIN! WELL, I HAVENT GOT TIME FOR CHIT-CHAT, KID! BUSINESS! GEE, SINCE CHUCKY HAS BECOME SO PROSPEROUS, YOU'RE REALLY SWAMPED; YOU NEED A SECRETARY! I'M DOING FINE! ALONE! I MEAN THAT STORY YOU TOLD LITTLE SUSAN—ABOUT COLUMBUS AND THE EGG. WELL? WHAT ABOUT IT? NOTHING — EXCEPT THAT WE'LL HAVE NOTHING BUT OMELETTES FOR A WEEK! / CRACK! / PLOP! FONTAINE FOX KEEN TEENS By Stookie Allen SHOPPER SUE OWENS, A FORT WORTH, TEX., GIRL, FOUND NEW YORK CASTING OFFICES COOL TO HER ACTING TALENT. SHE BECAME FRIENDLY WITH THE ACTRESSES AND SUGGESTED DOING THEIR SHOPPING FOR THEM. THE VERY BUSY ACTRESSES LOVED IT. Sue Owens 18 SUE HAS GIVEN UP ALL THOUGHTS OF THE STAGE, BUSINESS IS TOO GOOD. MARY MARTIN, ANOTHER. TEXAS GIRL, IS ONE OF SUE'S BEST CLIENTS