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Show march i, mi. IS THU JOURNAL NOBODY LIKES INFLATION At intervals, surveys have been made among consumers to get an idea of what they think the retailers profits amount to. It is evident that a great many people still believe that retail profits are excessively large, and that the retailer is gieatly to blame for high prices. Some people even believe that retail markups are all profit. News About Folks in Reroute U.P. Century After Bridger CLEARFIELD DOROTHY WHITE Correspondent Phone 4 29-J- of the Clearfield elementary enjoyed tricks of magic last Monday in a show presented at the school by Thomas Magrum, master of magic. Children Such beliefs as these, of course, are totally fallacious. In the best of times, competition holds retail profit margins to very modest levels one cent to four or five cents on each dollar of sales, depending on the type of store and the char- acter of the goods it sells. Strange as it may seem, high prices may not benefit the retailer profit-wisthey may have quite the opposite effect. That was generally the case left when all the bills were paid was smaller than before, died more money. But in instance after instance the profit left whe nail the bills were paid was smaller than before. Price increases at retail levels tended to lag behind the increases in wages, wholesale costs, taxes and other expenses. The difference between markup and profit in retailing is not as widely understood as it should be. The markup is the percentage that the retailer adds to his wholesale costs to arrive at a retail price. It may run between 30 per cent and 40 per cent. That sounds like a lot but all his overhead costs must be taken out of it. So the profit that is left is but a fraction of the original markup. Retailing didnt cause inflation, doesnt like inflation, and is a victim of inflation. It has fought inflation with all its resources. But the. root causes of inflation are beyond retailings power to control. display at Clearfield First ward chapel last Sunday were two On e, lovely trophies.- - One was won by the Explorer Scouts in the stake championship volley ball tournament. The other was earned by the wards M Men basketball team who were champions of North Davis stake and who placed fourth in the recent divisional play-of- f in Ogden. Mr. and Mrs. Melvin Wilcox attended a Canadian reunion last Saturday in Pleasant Grove. Mr.' and Mrs. Marvin Mumford entertained a few couples with light refreshments last Sunday evening after church meeting. Enjoying the evening were Dr. and Mrs. Harvey Broadbent, Marj. Jeffs, Mr. and Mrs. Wayne Blair and Mr. and THE LOW DOWN FROM HICKORY GROVE Mrs. Melvin Wood. Bill Camper was the honored guest at a farewell party this week given by the Clearfield First ward As taxes go up on account Govt, ventures in this and and see the unions that, and as folks take to the side-line- s jack up wages what happens. After it is all said and done, the gas Co. and the water Co. and the telephones and all the outfits in all kinds of business have a choice of 2 things. They can raise their prices to cover higher taxes and wages or they can go out of business. Then what. , It is here that the slicker shows himself on the scene. Says he, lets have the city buy the gas outfits or the water outfit let the city have the profit. And being an honest but officers and teachers and their partners. Bill is leaving for the service in the armed forces the early part of March. March l. is the date set for a Clearfield First ward Aaronic pristhood and L.D.S. girls party. Clearfield First ward Mutual has had to release Therriault as their attendance secretary. Because she is leaving for Pocatello for the time being. Mr. and Mrs. Parley Beluop were reported to be th new dance directors of the Mutual. Mr. and Mrs. Lamar Narton are the new dance directors while Merle Beluop has taken over the Teaching of the Beehive girl assisting Mrs. Mabel Hilton. Thomas Machey of Layton Park has returned home to convalesce after a day spent in an Ogden hospital. Miss Dorothy Stevens is spending a two week vacation in California visiting with relative and seeing the sights. Young Tommy Burt, son of Mr. and Mrs. D. A. Burt of Layton Park, has been ill with scarlet fever this past week. Ro-ch- One hundred and two years ago Frontiersman Jim Bridger (see inset) indicated the route Union Pacific Railroad eventually took over Wyomings famed Sherman hill. Fifteen years later, warring Indians clinched the choice when they chased General Grenville M. Dodge and a party of soldiers over the precise route the line was subsequently constructed. During his escape, General Dodge noted the adaptability of the terrain for a railroad. As chief engineer of U. P he returned to cross Sherman hill at that point in 1867. With the aid of heavy equipment not even thought of in General Dodges time, Union Pacific today is building a new line of easier grade for westbound trains on the south side of the hill. In the picture, U. P. Chief Engineer W. C. Perkins, seated, and J. A. Bunjer, assistant chief engineer, study blueprints of the $16,000,000 project. simple people and a little lazy mentally, we are inclined to give the guy the nod. And the city goes head over heels into debt, buys the outfit, gets no taxes thereafter from same, and Mr. and Mrs. good but careless citizen picks up the check. And Socialism has one more nice town or city by the throat. And the citizens can yelp but too late. And like in that nice Seattle where they took the street cars, they are paying fares that make em most unhappy. And to close this epistle, wre go around in circles if the private water company must raise the familys water bill from 2 bucks a month to 3, but we are calm and collected when the barbers bill for 2 haircuts a month for just pop alone goes to 2 dollars and 50 cents. Yours with the low down, JO SERRA. Individuals, husbands and wives, entire families, and groups of any size EVERYBODY SAVES under Rio Grande's new low bargain fare plan. Bargain fare tickets representing savings of 20 to 26 are good on all Rio Grande trains except the California Zephyr and to alt points on Rio Grande's entire system. Join the throng who are enjoying Rio Grande's luxury travel at bargain fares. Start your trip any Friday, Saturday, Sunday or Monday and return any day within 25 days. For full information, call the Rio Grande agent. 7 : el y The IOURNAL A weekly newspaper published i. the interests of the residents of Davis County, at Layton, Utah. Entered as second-clas- s matter at Layton, Utah, under the Act of March 8, 1879. Published By INLAND PRINTING CO. Phone: Kaysville 10 UTAH STATE KftS ASSOCIATION NATIONAL EDITORIAL ASSOCIATION NatT Advertising Representative Newspaper Advertising Service. 222 No. Michigan Ave. Chicago, 111. Subscription: $1.00 Per Year Payable in Advance. In combination with The Weekly Reflex, $3.00 per year. Lloyd E. Anderson Editor Manager Lona U. Parrish News Editor DKNVER & MO GRAND! WESTERN RAILROAD i . J. Y. Woolsey Display Advertising Manager " |