The Cameron Herald and Centinel (Cameron, Tex.), Vol. 86, No. 52, Ed. 1 Thursday, April 25, 1946 Page: 3 of 8
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*
Centennial Fund Is
Growing; But Still
Is Short of Goal
Letters were being sent out to
people in the rural communities ask-
ing their financial cooperation in rais-
ing funds for the Centennial.
Additional needs for money have
developed and it now appears that
the demand will have to be met for
some $15,000 insteud of the $10,000
originally estimated.
At a meeting of the central com-
mittee Friday night the Pioneers En-
tertainment committee asked for $500
in prize money for the old fiddlers
and also for money to pay for the
barbecue for the old settlers. Letters
have gone out signed by R. L. Battc,
Sr., chairman, inviting the old timers
to be here. It is estimated that the
cost will be around $1200 to feed the
visitors, making a total of $170(1
which is now estimated to be needed
for this event on the program.
The city government has authorized
an expenditure which may run as
high as $1200 for renovating the
band stand in the park for this event.
According Ao O. B. Horstmann,
chairman of the finance committee,
only about $9800 had been collected.
Rogers Publisher Is
Visitor In Cameron
C. W. Taylor, publisher of the
Rogers News, was a visitor in Cam-
eron Monday.
Mr. Taylor is rounding out his 48th
year as publisher of the News. He
recently sold his printing plant to a
Dallas firm and now his duties are
with the paper.
0
Mr. Taylor rs a former member of
the State Senate. He has lived most
of his life in Texas, was an early-day
school teacher and accumulated many
interesting facts about Texas, all of
them being a part of his own life as
he has lived it in the moving scenes
that span the bridge from the fron-
tier to modern civilization.
Many of his friends think he should
write a book on his experiences.
Jerry Zotz Honored
With Easter Egg Hunt
On Sunday, April 21, from 3:00 un-
til 4:00, little Jerry Zotz was honored
with an Easter egg hunt at the home
of her grandmother, Mrs. O. CJ. Zotz,
at 1101 West Main street.
Those present were the honoree
and he/ little friends, Faith Roberts,
Pat Matula and Pat Dillion. After
a merry chase hunting the eggs, they
enjoyed refreshments of ice cream
and cookies. Plate favors were col-
ored eggs with litle fictional charac-
ters printed on them.
Miss Mary Hubntk of Cameron,
Route 1, is in Newton Memorial Hos-
pital and a surgery patient. She is
doing well.
Any make radio repaired. Call 104.
PARMA RAIDO SERVICE.
Dr. Clifford Swift
Leaves For Vacation
And Much Needed Rest
Dr. Clifford G. Swift who became
ill last week, has left the city for a
few days of much needed rest. Mrs.
Swift accompanied him.
At his ofifees it was said he would
return to the city the latter part of
the week, and patients and friends
will be glud to know he is much im-
proved and will resume his practice
in a few days.
When a girl becomes u Girl Scout
she is not only a member of a troop
but a member of a world organization
as well, that is active or becoming
active, since the war, in forty-five
countries.
Read the want ads each day.
EftCE STRINGS" CULPEPPERS
SHOPPING A6A1N?
AREN'T YOU /^irr •
TO PUT
ANYTHING
AWAY FOR
A RAINY
DAY?
. I HAVE
4
YOU'LL SAVE MONEY
And inconvenience
BY DOING BUSINESS WITH
-CULPEPPERS
THEY’RE
TOPS!
^latiiii ji; a iia jin 3Tiam»iaiaaBiBiHBHiajiiiiiiiii.v
I MAMIE A. HEFLEY
INSURANCE
CAMP & CAMP
ATTORNEYS
E. A. Camp E. B. Camp
Office at
CAMERON and ROCKDALE
“Time Tried and Fire Tested”
INSURANCE IS NOT AN EXPENSE—IT IS AN IN-
VESTMENT IN SECURITY!
What is your GUESS
on our profits... m
Sometimes, although an idea is wrong, it does no harm. Like the
idea that a square jaw is the sign of will power. That winters
aren’t as severe as they used to be, or that red hair denotes quick
temper.
But there are other wrong ideas, which are definitely harmful to
public confidence in and understanding of industry. One sucL\
idea is the current "guessing” about profits made by large busi-
ness organizations.
Many people are apt to grossly exaggerate the money made by
business. So Opinion Research Corporation (an independent
organization) made a survey to learn just what the public thinks
about profits. Compare these guesses and yours with the Inter-
national Harvester profit figures given below.
Wages and materials consume
nearly all of every dollar Har-
vester takes in from sales. A Gov-
ernment board has recommended
and the Company has agreed to
pay a general wage increase of 18
cents per hour for Harvester fac-
tory employees. The Government
has also allowed price increases
on raw materials which we pur-
chase in large quantities. Steel
has had an average increase of
8-2%.
1946
OUTGO
Public guess on war profits .. 30.01
I H four war year
avorn^s profit .. . 4.9*
In this survey, the average of the
guesses by the public of the war-
time profits made by industry was
. . . thirty pi. cent (30%).
But in thr> ‘our war years of
1942, 1943, 1944, and 1945, the
profits of International Harvester
Company averaged only ... 4.9%
on sales. Less than one sixth of
what the general public "guessed”
for all industry.
For this period, the year by
year per cent of profits on sales
was: 1942—7.34, 1943—5.59,
1944—3.95, 1945—3.93.
©©©©
Public gusss an peace profits iS.Otf
IH foar pro-war year
average profit . . 7.171
©©
rate of profit in normal times.
Many large businesses, including
ourselves, would consider it a
banner year if we could reach
this figure. Our average profit for
the last ten years—four war and
six peace—was 6.43%—more than
a third less than what the public
considers fair.
All these figures shew that our
profits are not high. As a matter
of fact, the entire farm machinery
industry is a low profit industry.
In 1944, the Federal Trade Com-
mission published a list of 76 in-
dustries ranked in order of thgir
ratio of profits to sales. The farm
machinery industry was 57th on
the list.
What About Current I N Prices?
When the War ended and we
planned our peace-time produc-
tion, we had hoped to be able to
serve our farmer customers at the
same level which has held since
1942, regardless of war-time in-
creases in costs of wages and mi.
In the four peace years of 1938,
1939, 1940, and 1911, the profits
of International Harvester Com-
pany average i ... 7.17%. This is
well under half of what the public
"guessed” for all industry.
©"“*© ©,H©
Molarity think fair profit
in normal times is.....1CK
III tsn-yoar storage is less than It
The survey indicates the public
knows that in our economy prof-
its are indispensable. And the
majority regard 10% as a fair
umrsum, nt
terials up to that time. But re-
cent developments have forced a
change in our plans.
There has been no general in-
* crease in our prices since they were
frozen by the Government early in
1942.
So our situation today fa that
what we BUY costs us 1946 prices.
We will be paying average hourly
wages 56% above 1941. For what
we SELL we get only 1942 prices.
This condition cannot long be
met out of our present low rate
of profit.
Future Prices on I N Products
It fa plain that price relief will be
needed to meet the increased
wage and material costs which
we must carry.
We regret this necessity. We
prefer to lower prices, when pos-
sible, rather than raise them and
we know our customers prefer to
have us do that. We had hoped to
be able to "hold the line,” at least.
But we do not see how we can
avoid operating at a loss if our
prices continue to remain at their
present frozen levels. We will
NOT "cut corners” on any of our
products, because QUALITY IS
THE FOUNDATION OF OUR
BUSINESS.
Our customers can be certain
that we will seek no more than a
moderate profit, both because of
our policies and because we have
approximately 300 competitors
fighting us vigorously for your
business. Our request for price
relief will be no more than fa nec-
essary to insure continued service
to our customers, continued work
for our employees, and a reason-
able return for our stockholders.
INTERNATIONAL
HARVESTER
Mr*. O. G. Zotz had a* guest*
for the Easter holidays, Mr. and Mrs.
Oscar Zotz ami daughter, Jerry of
i Temple; Mr. and Mrs. Lawrence Zotz
I of Goose Creek, Miss Mildred Zotz,
R.N., of Abilene, and Miss Florence
Zotz of Tyler.
Mrs. Frank l’lach.v, Jr., is a sur-
gery patient in the Newton Memorial
Hospital and her many friends will
be glad to know of her good progress
toward recovery.
April 25. 1946—
-THE CAMERON HERALD—7
Classified ads bring results.
Phone your news items to 282.
THE VERDICT OF THE YEARS IS
SATISFACTION i
<2
In 33-01. quart*,
12-ox. regular
botlUx, or on
draught I
SotMttMl
Sflfect BEER
Mode with
SECRET FLAVOR CONTROL
r f
GALVLSI0N HOUSTON BREWERIES, !»*.. Galveston. I e
Fred Lazek, Sr.
Phone S3. Cameron
MERCHANDISE
OFFERINGS
FLUORESCENT
DESK LITES
BED LITES
HOME AND
OFFICE LITES
ARCHERY
SETS AND SUPPLIES
BATTERIES
CAR AND TRUCK
FLASH LITE
HOT-SHOT
1000-Hour RADIO PACKS
CAR RUGS
RUBBER with FELT
BASE and RUBBER
PORCH MATS
BICYCLES
PARTS
REPAIRS
USED BIKES
SEAT COVERS
FAIR ASSORTMENT
HOUSEHOLD
SUPPLIES
STEP STOOLS
COFFEE MAKERS
DUFFLE-BAGS
IRON CORDS and
EXTENSIONS
SWITCHES
WIRE — WEATHER-
PROOF AND REGULAR
INSULATORS
SWITCHES
GAS HEATERS
•00
Horstmann Bros.
PHONE 550
CAMERON
-O N THE S Q U A R E-
For a Lovely Spring Outfit
Haley*s Brings You
IRISH DRESS LINEN
WOVEN IN IRELAND
Here is the fabric you love so well for its fast color, its
adaptability for wonderful dresses, suits and blouses.
You’ll find the colors as luscious as ever, too — choose
from yellow, dusty pink, powder blue, green, beige,
white.
Yard 3*95
WOMEN’S DRESSES
We have a large selection for your Spring out-
fit —
PRICED
6.20 “ 19.95
VICKI-LYNN
BLOUSES
Large .selection of pastel shades
and white. Junior and Misses
sizes—
2.90
MEN’S DRESS
STRAW HATS
All Regular Sizes
1.50 “ 3.95
GENUINE PANAMAS
$6.00 to $7.50
N E W
SPRING TIES
Hand tailored. Bright colors.
1.50 *• 2.00
OTHERS AT __ $1.00
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White, Jefferson B. The Cameron Herald and Centinel (Cameron, Tex.), Vol. 86, No. 52, Ed. 1 Thursday, April 25, 1946, newspaper, April 25, 1946; Cameron, Texas. (https://texashistory.unt.edu/ark:/67531/metapth577599/m1/3/: accessed June 29, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Lucy Hill Patterson Memorial Library.