ALL CO-Ois HAVE PROBLEM
Now, it appears that
while the individual
farmors were improving
their farms, the main
tainanco and repair of
the Co-op's facilities
has been neglected and
not enough of the Co
op's profits plowed
back into the business.
If the farmers had used
such a policy on their
farms they would be in
the same position that
the Co-op is. Their
buildings would have
been run down, very
little more la,nd would
have been developed,
and they would still be
one-fourth. horse farms
like thoy were in 1938*
True, there have been
some new facilities add
ed to the Co-op, but
nearly always at the ex
penso of its operation
al funds. While it has
helped in one place, it
has pinched in another,
and it has worked con
siderable hardship on
the management.
The remedy seems to
be to get more fund3,
but this is not too
easy* It is difficult
to roalize any more
1sIp from governmental
funds because there are
so many other organiza
tions that need capital
too, and the funds us
ually available to Co
ops have been squeezed
dry by Congress in
tnoir false economy
drivo that deprives the
little organizations
from credit—but cater
to the big business int
erests* It appears
that the Co-ops are
largely restricted to
help from their members
and friends, and that
the best way is to sell
bonds or preferred
stock* Most of our mem
bers know that our Co
op has been selling
bonds for some time now
but we could use some
moro capital, and, if
you are interested in a
safe, sound investment
for any looso money,
this is a good place to
put it to work. Not
only will it help you,
but it will help your
organization. C.R.R*
THE'CO-OP GARAGE WILL
BE CLOSED ON FRIDAY AND
SATURDAY OF THIS WEEK
FOR INVENTORY.
GREETINGS FROM
THE BERGANS
Tho following is note
received by the Co-op
management from former
colonists, Mr. and Mrs.
Leonard Borgan.
;
Hi-Friends:
These yearly Certifi
cates are wonderful,
not only as earnings of
belonging to a Co-op.,
but also as a means of
saying, h.cllo.'. Alice
and I are now operating
a Sub-White Icc Cream
Storo here in Hanford,
'California. We sell
foot-long hot dogs al- ;
so. Better drop in and|
taste one.
A Merry Xmas and
Happy New Year to you
all.
Mr. and Mrs. Leonard
i Be-rgan, Hanford, Calif.]
CCCP fIKt S/t/Mij
At a recent Co-op
meeting it was discover
ed that many residents
of Palmer wore unfamil
iar with the Co-op Fire
Siren signals. Here they
pre in case you are a
pong thoso persons. One
blnst--Co-op units; ’Two
^blasts-- Falmcr (across
tracks); Three blasts —
Rural.
There will be a meet
ing of the Falmer Demo
cratic Club on December
,seventh, at the Co-op
piub Room, at eight o'
•c lock.
Q C L
Uji
’ SCHCLfi
; lijinntsb a
i The University of A
,1aaka, through the Off
ice of the Registrar,
announced today tho
(names of the freshman
(scholarship winners.
j
j Miss Doris Juno Saaric
pf Anchorage has wen the
scholarship i»onated by
the Fioneors of Alaska,
Igloo Number l\.t to a
direct descendant of a
Pioneer. Miss Saario's
mother and grandparents'
came to Douglas, Alaska
around 1910, where her
grandfather worked in
the Treadwell Gold Mine
until the cavo-in. Her
father came to Anchor
age when it was still
a tent town, and ho has
his ov/n business in the
present city of Anchor
age. All her mother's
brothers and sisters
still make their home
in Alaska and. the Niemi
family is well-known to
many Alaskans.
As a result of the
generous donation of
the Sears Roebuck Found
ation to freshmen stu
dents, the following
men wore given finan
cial aid in the form of
scholarships: Arthur
Jess of Anchorage; Har
old Livingston of Clif
ton, Colorado; George
Mealey of Anchorage;
John Stephl of V/aywa
tosa, Y/isconsin; and
Arno Sundt of Gakona,
Alaska.
The winner of the
first-year scholarship
of the Standard Oil
Company of California
is,George Knight of El
mondorf Air Force Base.
The other Standard Oil
Scholarships were a
wardod earlier in the
year, at the time
scholarships wore a
warded to the members
of the other three
classos.
CPS WAR NS Cf h'-RK l
I NCR [Ay: iU C PINKS
JUNEAU--Following com
plaints that some bars
have increased the
price of drinks due to
the recent excise tax,
Georgo N. Apostol, en
forcement director for
the OFS warned that
such increases may be
in violation of coiling
prices *
"Bars, like restaur
ants, are covered by
Ceiling Price Regula
tion 11 and must main
tain their food-cost
ratios." Apostol said,
noxt page