Globe-Gazette from Mason City, Iowa on July 15, 1948 · Page 12
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Globe-Gazette from Mason City, Iowa · Page 12

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Mason City, Iowa
Issue Date:
Thursday, July 15, 1948
Page:
Page 12
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12 July 14, 1948 *»»•» city Gi«fc»-c«i»tt«, M»*«B city, l». No. 36 in Series — Fathers and Sons Working Together in Mason City IN THE MACHINE SHOP BUSINESS—Ralph Thomas, shown at left, and Leon C. Thomas, pictured above observing the operation of a milling machine in their establishment, the Thomas machine shop, comprise another father and son Standard Oi Announces Dividend Directors of the Standard Oil company (Indiana) Monday declared regular cash dividends of "50 cents for the 3rd quarter and 50 cents for the 4th quarter of this year. They also declared one extra dividend to cover both quarters, comprising one share of Standard Oil company (New Jersey) stock for each 100 shares of Standard Oil company (Indiana) stock held on the record date. Fractional shares will not be distributed, but holders of odd lots (i. e,, other than even 100-share lots) of Standard Oil company (Indiana) stock will be paid a cash sum equivalent to the value of the fractional shares of the Standard Oil company (New Jersey) stock to which they would be entitled on a pro-rata basis. Depends on Market The precise amount of such cash sum will be determined by the weighted average market price of the Standard Oil company (New Jersey) stock on the record date as reflected by transactions on the New York stock exchange. At present market prices the extra dividend would be equivalent to about 87 cents per share of Standard Oil company (Indiana) stock. The 3rd quarter cash dividend *team. The elder Mr. Thomas moved to Mason City in 1907 and has been continuously associated with the machine shop profession since that date. He has been employed on the same corner for the past 40 years, and founded the Thomas machine shop in 1921 at its current site, 303 2nd S. W. Ralph Thomas was employed in his father's concern on a part time basis while attending the Mason City high school and junior college. After attendance at Iowa State college at Ames, and the university of Iowa, he entered the army for a 3£ year period of service. Upon release from the military, he became actively affiliated with the concern as a partner. The father is a member of the Mason City Chamber of Commerce, the local saddle club, the rod and gun club, and the movie makers club, while the son is associated with the American Legion. ST .j OSEpti FQR CH , LQREK It's orange- flavored, Easy to give right dosage. 5O tablets, 35c and the extra dividend, applicable to both quarters, will be paid September 10, 1948, to stockholders of record August 4, 1948. The 4th quarter regular cash dividend will be paid on December 10, 1948, to stockholders of record November 10, 1948. Acquired in 1932 The Standard Oil company (New Jersey) stock being distributed is a part of that acquired in 1932 as part payment for certain foreign properties sold by Standard Oil company (Indiana) at that time. The value of the extra dividend for tax purposes will be the weighted average price on Sept. 10, 1948, as to which stockholders will be advised later. By making the distribution in this form the Standard Oil company (Indiana) conserves cash for expansion needs, but gives round- lot stockholders the option of retaining a valuable stock or of selling it to augment their" cash income. . BASEBALL it's the WORLD'S CHAMPIONSHIP PENNANT WORLDS CHAMPIONSHIP in B E E R it's good old old a favorite for 99 years UNITED STATES BREWING CO. CHICAGO 47, ILLINOIS • HUMKOLDT O0»0 TEMPLE DISTRIBUTING CO. 319—9th S*. S. E. Phone 3609 Mason City, Iowa The 2nd Day of Money Saving Values. ..Doors Open 9.30 a. m. COME EARLY ... LIMITED QUANTITIES ON MANY ITEMS SHOWN BELOW! FINE QUALITY, LONG LASTING EGG BEATER 29c Value, NOW 19c Rotary type, works efficiently, easily. Easy-grip handle, stain-resistant rotators. Save at our sale! AN IMPORTANT COOKING NEED! POTATO MASHER 12c 19c Value, NOW Extra durable, stain-resistant masher with streamlined styling. Get one today! ADD TO YOUR KITCHEN EQUIPMENT? PANCAKE TURNER 19e Value, NOW 12c Made of fine quality metal with heat-resistant handle. Get one now, at this new low price f I A COOKING CONVENIENCE SLOTTED MIXING SPOON 19c Value, fl *)«• NOW 1*C Tarnish-resistant metal with colorful wooden handle. Save now at this new low price! COMPACT GAS RANGE 74 88 Perfect for m " " Apartments DELUXE MODEL $84.88 Aldens small size gas range has the efficiency of full size models, but requires less space. Black porcelain enameled cooktop has 4 fast non-clog burners; large., insulated oven and broiler are designed for fast, cook meal preparation. White porcelain enamel finish. A real buy! Buy Now . . . Save More Than Half! DOMINION TABLE STOVE • ONE BURNER Regularly Priced • SINGLE HEAT of $3.45, NOW Get this modernistic hot plate now, at this terrific savings. U. L. approved for 1 10-125 volts AC or DC, it comes complete with cord. 9-in. sq. x 4-in. high. Radios & Phonographs JULY SALE SPECIAL $25.00 in Records Free With Any Westinghouse Console Combination £*)>lf) OC priced from y£l§7*x3 up Westinghouse Combination Radio- Phonograph, COO Of Table Model V'' •'.1 Plus $10.00 Worth of Records Free. TRAV-LER Automatic Record Player. Plays 1 2— 10-inch or 10—12-inch Records. Reg. Price $64.95. Special at only Housewares Popular Brand Cast Aluminum Pressure cooker, 4-quart size. For speedy cooking and canning. Easy to follow instructions included. Reg. $7.95 Only $6.50 Triple Coat White Enamelware A large assortment of percolators, dippers, water pails, saucepans, teakettles, dishpans, etc. AM 25% Off of Present Low Price During This Sale! DISH DRAINERS—SIZE 13x16 Rubber is chemically bonded to metal frame. Will not peel or chip'off! Reg. $1.39 Value, Only 98c Get a Set of 3 and Save! Plastic Refresher BOX SALE 3-Pc. Set, Regularly $1.07 NOW 88 • Ideal for Pre-Party Refreshments • Handy for Leftovers Smart, sanitary, wonderfully inexpensive . . . perfect for odorless, compact food storage. Get a complete set of these clear plastic refresher boxes at this saving price! China & Glassware 32-PIECE BEVERAGE SET 8—Whiskey Glasses 8—Cocktail Glasses 8—Highball Glasses 8—Large Tumblers A very colorful set as each type glass is in a different color decorationf Complete Set I \_i I I I C I Gl I I $2.98 7-PIECE JUICE SET Large pitcher with 6 juice glasses, gaily decorated with tomato or orange design! Complete Set 9Sc BUY AND SAVE AT THESE NEW LOW PRICES! Summer Kitchen Needs WOOD SALAD BOWL Practical 7 in. size, wax finish. Reg. 69c value . . . 39c. Handy equipment to give a lift to summer serving!' Fine, lasting quality at a real savings. I FRENCH FRY BASKET Makes deep fat frying far easier! Reg. 49c value 39c POT COVERS Choos* Irom many bright colon! Sturdy quality. 3 for 39c Get One Now ... at a Savings! Step Ladder Values 4 ft. Sire, Regularly $5.95 A/ow $ 4.95 Famous construction ladders with "can't-split" hand sockets and beam-back construction. Maximum stability, strength and safety. Steps are wide, thick, grooved for more security. Handy heights for all uses. 5 ft. Si«, Re?. $6.95 NOW $5.95 6 ft. Size, Reg. $7.95 NOW $6.95 24-P1ECE STAINLESS STEEL CUTLERY SET Reg. $5.95, NOW only. . Service for 5 — stainless steel tines and bowls set securely in colorful plastic handles. 6 knives, forks, teas., soup spoons. $444 Square Box ...29c Single Pieces Oblong Box .. .4Sc Housewares CLOTHES LINE SPECIAL! 100 feet of stout line. Guaranteed full length. 98c PARKER'S PERFECT POLISH A full 16-ounce bottle of odorless polish, guaranteed by Good Housekeeping Institute! Cleans, renews, polishes! Reg. $1.00 Value, Only lie PICNIC BASKETS Large size varnished basket, strongly hinged cover, dependable handles. Special Price $1.98 A REAL 3-in-1 BARGAIN Just think, u new Century "Glido-O-Matic" Electric Iron and a wonderful "Metal Top" Ironing: Board for $15.49 with Cover and Pad. The "Glide-O-Matic" Iron is designed to glide smoothly and easily over the material. It has automatic thermostat control, accurate temperature control to set for any fabric, wool, linen, cotton, rayon, silk and nylon! This iron is priced at 9.95 alone! The Metal Top Ironing Board is all metal construction with ventilated top, with rigid metal legs braced for steady support. This board sells for $8.65. During This Event You Can Buy All Three Items £l XL? jfO Which is a Savings FOR y&3«C|y of $5.06! A Famous Nome . . An Outstanding Value! Quaker Curtain Stretcher Regular $5.49 Value, NOW $444 Handy 4x8-ft. size with adjustable gauge for different length curtains. Automatic self-squaring corners, non-chip electro zinc-plated hardware. Rustproof diamond point pins. Get one today. . . . Slash laundry costs, make curtains last longer . . . and save on our sensational sale!

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