1957_05 The Daily Collegian May 1957

              Tribe Nipped
6-5 By 'Dogs
In Wild Finish
. Frwsno Slot. Collw,. Collwaior
Pi Gamma Mu To Initiate
13 Students, 6 instructors
Thirteen Fresno State College students and six faculty
members have been invited to join Pi Gamma Mu. national
honorary social science fraternity. They will be initiated dur-
' g a banquet at 7 p.m. May 28 in the Basque Hotel.
Art  Margoaian, president of the honor group, said the
Students May Help In
Distributing Yearbooks
Orchesis Slates
Studio Workshop
III   b.   ff.   It    ML.   Blcclow
Intramural Roundup
(Lonlmuea from Page S)
•er tickets
0» Sale Th* 5 Friday
Committee Applications \*£mutt*mA*"^! Doig, Simmons Given
N™*™.!aa..\Sn.v»1i.L ""'""   Th-* cw *"" W -Awards By Producers
'    (ttnlaiU   niasl.ltl.rs offlCS   "** '°* ""■*' (Continued from Page >)
.,.;  .,!.-....    i.~_.  ....    «»., Hlllman.   has hrart In years.       ^ not hapten. PATRONIZE OUR ADVERTISERS
TACO TIENDA
"Spanish food at Its Best"
25c
COLLEGIAN
CLASSIFIEDS
Collegian Business Office
Phone AM 4-4721, Ext. 95
IATES PEJt UNE:
Renee Reifel
She wants to know what we did with the $401,518,000
THE
EXFBtT TYPING
Denee Reifel is a secretary in the markct-
1 ling department of Union Oil. She is also
—through our Employees' Incentive Plan-
one of our 5,906 employees who hold shares
This entides her (along with over 65,000
other people who own shares in Union Oil)
to a report on the 66th year of business of
the 47th largest industrial company in the
country.
How we spent it
In 1956 our customers paid us the record
amount of 1401,518,000r
We spent 72.1% of this—or 1289,481,000
with o
cies took another 3.7% or $14,830,000. This
does not include the $74,120,000 we collected
from our customers as fuel taxes and turned
over to governmental agencies.
Wages and other benefits for pur workers
and their families amounted to 15.7% or
$62,966,000 of our income.
The net profit
This left 8.5%—or $34,241,000—as net
profit. Slightly more than half of these earnings—$18,261,315—were paid in cash dividends to Renee Reifel and our other 65,000
share owners. (Note that our share owners
received only about three and a half million
rMr.l   i,
expand and
dollars more than the various ta
which contributed nothing to the business.)
The balance of our net earnings—equal
to 4.0% of our customers' dollars—we
modernize facilities.
It seems to us that this report does more
than give an account of our stewardship to
Renee Reifel and our other share owners.
It points up the broader base of ownership of American business. In the last four
years, for example, the shareholders of all
companies listed on the New York Slock
Exchange increased bv 33%. Union Oil did
even better—41%.
This could happen only in a freely competitive economy that encourages and rewards individual effort.
COUMF.NT5 am. iNvrriD. Write: The Chair-
' the Board, Union OU Company, Unien Oil
<g, 617 West 7th Street, Lot Angeles 17, Calif.
Union Oil Company
OF CALIFORNIA
MANUFACTURERS OF KOYAl TMTON. THE AMAZING PURPLE M
IMPLICATIONS AVAILABLE
0111 5 feat, aW W
COLLEGIAI
FRESNO    STATE   COLLEGE
OMIT TBHUUUr
STUDENT PAPES
IN All CALIFORNIA ,
Student Council To Select
Two Members Of Court
At Final Meeting Tonight
The Fresno State College Student Council will select two
members of Student Court tonight at its final meeting, the
annual Bean Feed, 6 p.m. on the new campus picnic grounds.
The new court members, a sophomore woman and man,
will serve for the coming two years and will replace the out-
FRESNO, CALIFORNIA. WEDNESDAY. MAY 22, 195*
tI^JI'Z Second Series
=fr;E0f Polio Shots
^ErHS Offered Today
in originally schedul.-.!  ■
FSCs Casanova
To Be Revealed
Tomorrow Night
By Peggy Button
One of five Fresno State College men will be named the
Campus Casanova, during the annual Tokalon Awards Assembly tomorrow night in the auditorium of the old campus
administration building.
The assembly also will highlight the installation of Dick
ROTC Org l^^^£B
Names New l^^^s^A
Group Chief ZT,
The scene all tt
duclion. payrr.e
this week.
loes no! realize that he has been poisoned.
:e= placo in the Fresno Stale College pro-
l Deferred, which runs the remainder of
; Rain And Mud Fail To Wet
Spirits At Annual Aggie Fete
By Millie Gaumnitz V |
Despite heavy rain Saturday, a successful Aggie Round-up
was staged last weekend by the students of the Fresno State
r.,!!.>..■ Agricultural Division.
(Continued on Pag, 2)
CSTA Plans
Installation Of
New Officers