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Winnetka Weekly Talk, 28 Jun 1924, p. 10

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10 WINNETKA WEEKLY TALK, SATURDAY, JUNE 28, 1924 SPEED KINGS TO MEET JULY 4TH 'Straw Hat Derby' Is Event At Polo Club Races Forty of the leading dirt track drivers of America will compete in a three-day race meet at the North Shore Polo club speedway, Lincoln and Peterson ave- nues, next week. The dates are set for July 4, 5 and 6, the events which were scheduled for June 15, but which had to be postponed on account of the slip- pery track. Chief among these will be the long awaited five-mile match between two of the stars of the game--Fuzzy David- son and Cliff Woodbury. Davidson, who holds the dirt track records up to sev- enty-five miles, recently returned from Los Angeles where he scored a victory over DePalma. Lowers DePalma Record Woodury, a Chicago man who has forged to the front the past few years, holds several records at Roby and last season lowered DePalma's one-mile mark at Hawthorne. He holds more first places than any other man in the Chi- cago territory. Another five-mile match race for the Fourth brings together Esthan Wennes- ton of the north side, in his famous Nel- son Brothers' Special, and Curley Young, the youthful south sider who won the Memorial Day 50-mile grind. Young is driving his Ford "99," and hopes to defeat the veteran. Wennes- ton has driven all the dirt tracks in the central states, and holds the unofficial light-car championship. He set the 20- mile record for Roby in 17:51.33. "Straw Hat Derby" Other events for the Fourth will be two ten-imle races, the fifteen-mile "Straw Hat Derby" and a five-mile con- solation. The program for the fifth and sixth will consist largely of short distance races, which seem to appeal es- pecially to the fans. Included among the entrants will be George Beck, driver-promoter, who two weeks ago went through the fence dur- ing practice at the north shore rather than smash into Wenneston's car; Dewey Shank, who holds the 105-mile record at Maywood in 65 minutes; Frank Nichols, five-mile champion; Ernie Fos- naugh, holder of dirt track records in South Dakota and New Orleans, and Sonny Talamont, 1922 champion at Roby. 'N. U. School Surveys : Retail Meat Business Results of what is believed to be the first comprehensive survey of prin- ciples underlying the successful and unsuccessful operation of retail meat stores ever conducted were made pub- lic last week by the Northwestern University School of Commerce in a report prepared by Professor Horace Secrist, director of the bureau of busi- ness reseach, entitled, "Expenses, and Losses in Retail Meat Stores." The survey, according to Professor Secrist, was conducted by Northwest- ern university and the bureau of agri- cultural economics of the United States department of agriculture in co-operation, in consequence of rep- resentations made by the National As sociation of Meat Councils to the uni- versity and the department. Among the conclusions obtained from the survey and set forth in the report is the statement that the av- erage successful retail meat dealer receives a net profit of about five per cent of his gross sales, and that seven out of every ten stores made a profit during the year studied. This five per cent profit is exclusive of the per- sonal earnings of the the owner for his services at the rate of a meat cut- ter's wages. The average net profit among all the dealers reporting, in- cluding those who suffered a loss, was 2.7 per cent of sales. When high operating expenses ex- ist in retail meat stores, they are due primarily, according to the report, to high wage bills, inefficient manage- ment, irregular purchases by cus- tomers, high rents, excessive fixture investment, and lax credit regula- tions. Wages are shown to be the most important factor in overhead expense, and the most important consideration in readjusting expenses. The figures gathered for the survey also show that losses are more common in small than in large stores; that inadequate mar- gins are more conducive to losses than are high expenses; and that profits are most likely to be secured when expenses are moderate and margins are reasonable. The single most im- portant explanation for the failure of merchants to secure profits is the cut- throat competition under which they attempt to do business. John Van Patten of Davenport, Towa, who has been visiting at the home of his sister and brother-in-law, Mr. and Mrs. Leon M. Allen, 412 Melrose avenue, played at the Kiltie tournament at Skokie club yesterday. ---- Miss Helen Ruth, 416 Woodstock avenue, entertained her bridal party for dinner on Thursday before the re- hearsal which took place that eve- ning at the Union church. Ministers O. K. Hearst; Ban Mobilization Day Methodist ministers, at their meeting Monday, June 23, at the Chicago Tem- ple, passed resolutions commending Wil- liam Randolph Hearst, in his statement "that the Hearst papers have always been opposed to the booze and boodle element of the Democratic party and will conscientiously oppose any candidate representing booze and boodle." The resolutions, which were unani- mously adopted, were presented by the Rev. W. B. Grimes, pastor of the Gross Park Methodist Episcopal church. The meeting also went on record as opposed to "Mobilization Day." The Rev. W. S. Fleming offered resolutions, which were adopted, calling upon "all ministers to repudiate the day" and preach against it on the preceding Sun- day. . It was declared thafithe retirement of Gen. Pershing should not be used to in- dorse war but to aid in ending war. "The time has come when we must stop talking war," said the Rev. Dr. Farmiloe. The Rev. A. Heist, head of the Fed- ministers, advocated the establishment of two state's attorneys, one for civil and one for criminal work. He pleaded for the separation of boys and young criminals from the hardened ones. a= The Alt Year Car for Every Family Jor Economical Transportation 5.Passenger Sedan Whatever the Circumstances the same courtesy--the same helpful service in managing all perplexing details--are ac- corded you whether you desire an unlimited expendi- ture or whather circumstances suggest that you refrain from undue costs. 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