Newspapers / Daily Tar Heel (Chapel … / Feb. 10, 1938, edition 1 / Page 4
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PAGE FOUR f LIE T1ITTV m a -t ,-. BULLETINS 1 Philosophy 22 Quiz must be taken by Monday, February 14. Woman's Glee Club Will meet this afternoon at 5 o'clock in Hill hall. Sophomore Advisees of Cecil Johnson are requested to come by 301 South building today for mid-term conferences. Sophomores Please see your adviser at once for a discussion of mid-term reports. J. Hampton Rich will speak to night at 8 o'clock in Graham Me morial lounge. Mr. Rich recently revealed that the University had an "illegitimate" seal. Band Rehearsal tonight at 7 o'clock in Hill hall. University Symphony Orchestra will give its first concert of the season tonight at 8:30 in Hill music hall. Town Sleeting Of The Air Will be offered tonight in Graham Memorial lounge at 9 :30 over the radio. Faculty Meeting Will be held this afternoon in Bingham hall. Eadio Debate To Be Heard This Evening Armament Proposals to Be Topic Of Discussion With a new radio to assure clear reception, the Town meet ing of the air will be offered in the lounge of Graham Memorial tonight at 9:30. . Subject of the debate will be "Should Congress Adopt Presi dent Roosevelt's Armament Pro posals." Maury Maverick of Texas will have the negative, and Edourd Izak of California, the affirmative. All townspeople and students are urged to attend. Freshman Cagers Win LAST TIMES TODAY A Great Happy Day in Any one's Life When You See This Picture !lfAW; m. in I 'Wi'NiillU.T fM XI LETTERS To The Editor (Continued from vaae tico) siderations of the proposed ra dio studio plans. Suggesting that the University is lagging behind other institutions in util izing rado stations as publicity agents, he points (with pardon able pride) to the fact that WBIG originated "a coast to coast CBS program" on Satur day last. He adds, "This will THURSDAY, FEBRUARY 10, bring them national prominence the same that Carolina can and should enjoy.' The implication that such a program-opportunity is not only waiting for us, if we install our own equipment, but would bring U3 "national prominence" is simply mistaken. If Mr. Poole were to give, figures on the num ber of coast to coast programs that WBIG has fed to CBS in the past year or for that matter, on the number of such features that have originated anywhere in the state of North Carolina (Continued from page three) acterized by clean ball-handling and careful shooting although it was unable to maintain its early game two-basket lead. The first period saw the score evened more than once with the red-spangled visitors carrying the battle to a slow-starting Tar Baby contingent, until the latter started to hit its usual stride and garner a 10-4 margin, to lead 20-10 at half time. Davidson's center, Niven, wa3 j outstanding on the defense in limiting bucketman Glamack to three points during the first half. Although a rejuvenated Kit ten quintet diminished the Car olina lead in the second half, the home team managed to keep well out in front with baskets by Watson, Branson, and Glam ack, and with the outstanding floorwork of Arnie Ralph. The Kittens' only second period bid for supremacy came as forwards Hogg and Turner put on a short scoring spree in the closing minutes of play. The 11 point margin of vic tory marked the ninth seasonal triumph out of ten starts for the Tar Babies. Graham Memorial Budget The Graham Memorial Building is supported by student fee3. Every student pays an annual fee of three dollars, one dollar each quarter. In addition to this source of revenue, the game rooms, rent on the Barber Shop, and other miscel laneous rentals provide a comparatively small income. The proportion of revenue from each source is shown on the second statement below. Graham Memrial's expenditures are authorized in a budget approved by the Board of Directors. Also the Director of the Student Union, and the President of the Student Body approve all expenditures. The balance sheet below shows a surplus of approximately $9,000.00. The Statement of Income and Expense shows where the money comes from and what it is spent for. The largest item in the statement is total salaries. Regular, extra, and maintenance salaries amounted to $3,253.17. The next largest item, Welfare-Recreation-Entertainment, accounts for the programs afforded by the Student Union free of admission charge. The Graham Memorial Grill is not in cluded in this statement. The period covered by the statements is the first year of Pete Iveys Managership. ASSETS' Current Assets: Cash Graham Memorial Balance Sheet June 30, 1937 EXHIBIT A Petty Cash Student Fees Receivable Other Receivables 288.89 - 1,928.74 $3,654.46 100.00 Total Receivable' Less Reserve for Doubtful Acc'ts Total Current Assets Fixed Assets: Equipment -$2,217.63 - 1,172.38 1,045.25 $4,799.71 Les3 Reserve for Depreciation Game Room Equipment -.$5,270.01 1,625.88 $3,644.13 Less Reserve for Depreciation Bowling Alley Equipment Less Reserve for Depreciation Total Fixed Assets -$ 58.21 - 14.92 -$1,179.59 - 773.82 43.29 945.77 Total Assets LIABILITIES Accounts Payable 4,633.19 $9,432.90 $ 448.62 NET WORTH Adjusted Surplus July 1, 1936 Add Net Income Exhibit B -$6,385.63 - 692.57 Total Net Worth Total Liabilities and Net Worth $8,984.28 $9,432.90 Subject to responsibility for a Grill cash overdraft of $1,296.77. EXHIBIT B Graham Memorial Statement of Income & Expense Year Ended June 30, 1937 REVENUE Student Fees . Concessions (Barber Shop) Game Room Bowling Alley Other Income ..$8,396.06 . 405.00 606.01 109.19 - 103.56 Total Income EXPENSE General Administration: . Salaries Regular Salaries Extra . $9,619.82 Auditing & Bookkeeping Office Supplies Other Supplies Postage & Box Rent Telephone Regular Telephone &' Telegraph Long Distance Travel Conventions & Occasional Printing Association Dues Welfare Recreation Entertainment Gifts and Donations Bad Debts Other General Expenses $1,500.00 430.25 225.00 147.08 120.61 35.11 77.00 49.52 140.65 402.57 43.50 1,170.30 330.00 180.80 61.82 $4,914.21 Maintenance & Upkeep of Building: ' Personal Services Occupancy Supplies Books & Magazines Light Water Heat Repairs & Alterations Additions & Betterment Depreciation on Equipment General Expense -$1,322.92 240.87 193.50 911.05 144.92 343.73 445.94 35.28 373.33 1.50 4,013.04 Total Expense 8,927.25 .$ 692.57 it would be immediately appar ent that we are highly unlikely to achieve such prominence, unless it be by virtue of events which the networks want bad ly enough to come in with their lines anyway, as they did when Jim Farley spoke here. Further, the notion that a sin gle coast to coast broadcast will bring "national prominence" is difficult to accept from a man active in commercial radio. The essence of radio's success has been its ability to get across repeated publicity at regular times. Commercial contracts are normally sold for periods of 13 weeks at a time (or longer). Occasional and irregular pro grams are not of sufficient pub licity value to justify the ex penditure of $4,000 for that pur pose. Sincerely yours, David K. Spelt. Symphony To Present Concert (Continued from first page) ican composer Charles Griff es, will be played on the flute by David Bennett, a graduate stu dent at the University. This piece is somewhat modernistic but also rather eclectical. After the intermission there will be two short orchestral numbers, "Torchlight Dance of the. Brides of Kashmir" from the opera, "Feramors" by Ru binstein and "Hjertesar" by Grieg. The concluding work, en titled "The Spanish Caprice" by Rimsky-Korsakov, is a fantasy built on Spanish themes. Wrestlers Will Meet Davidson (Continued from page three) Generals from Washington and Lee, to whom they lost 23-15, the yearlings' record for the year stands at one loss and one win. Deflated of all ego, they will exhibit a squad of educated matsters that should face no difficulty in downing the David sonians. This is the last meet of the season away from home for the wrestlers. The remaining matches, with Duke and State, will be contested on the home canvas. Wildcats Lose To Phantoms , THE SALINE j TASTE IS TOPS WITH ME MY DISPENSING, TOPISACK, lWTH MEN DENTURINE TOOTH POWDER A ReWiaaaaaaaaaaaaaaaaaaaaaaaaaieaaaaeaaaaaM Eubanks Drug Co. (Continued from page three) er. Then for the remainder of the second half, Dilworth kept dropping in points to help the Blue and White run up the score. Dilworth was high scorer of the ball game, accounting for 14 of the Phantom points. Eight of his tallies came in the second half with four field shots. Andy Bershak continued his fine work by tallying eight points in the first half, but Handy Andy went out on fouls early in the final setto. Ned Iverson tallied 11 points to lead the Davidson scorers, and he and Hicks kept the spark of life going in the Davidson rally in the second half. Print To Fit (Continued from page tkr olina running has not hean much of White, for he hzi be? out of school for two years. H ran as a freshman in 1935, then dropped out of school B reappeared this fall and out for the cross country tea He has this track season and c-e more year of track and crols country left before he will ha used up the five years of bility granted by the Southern Conference to varsity compel tors. White hails from Chatham Virginia, and attended En grave Military academy. He se: a Virginia half-mile mark that was first broken by Hardy and later by Davis. Now all three of them are trotting around the boards for Carolina. He quali fied for the fourth spot on the relay team by running 1:53.10 in a qualifying half-mile. Up to that half he had never done bet ter than 2:02 in the half. CLASSIFIED ROOM WANTED Reasonably priced in private home not too far from the campus. Call James W. Patterson. Phone 8571. FOR SALE One tuxedo coat and pants. Size 36. Price $10. Call 6971. Drew Martin. CORSAGES FOR THE WEEK-END SPECIAL PRICES The girl's week-end isn't complete without a beautiful corsage. Place your orders with us now., And Remember Valentine's with Flowers CHAPEL HILL FLOWER SHOP WHO BUYS WAFTffl Like so many other independent experts, Bill Whitley, Tobacco Auctioneer of Henderson, N. C, smokes Luckies i texj "y b.-.'iV - ir Vi1.1" r .. ---:- i .... ..f-.- j. 1.-. o r --.-...--.-.--..-. it Wi -c l (I 'Wif' : if Y J I ' ' -.-.-x-:-:.:.-.-. ::-:-::.:...-:-:-:: -.-.:-:!:- - v ' ?' ' ' ' & m w.w.w.w,wW-.v.,. v - WnjJAM D. (BILL) WHITLEY sold over 15 million pounds of tobacco last year. It's easy to see that he's an expert who knows tobacco. So it's important to you when he says . . ."At 14 different markets in Georgia, North Carolina, South Carolina, Tennessee and Kentucky, I've seen Luckies buy the best tobacco. I figure it's good tobacco that makes a good smoke. So my own cigarette is Lucky Strike! I've noticed, too. that indenenrfPTit- hm-prc- not connected with any cigarette manufacturer, smoke Luckies more than any other brand." Ir . Whitley is correct. For sworn records show that, among independent tobacco ex perts, Luckies have twice as many exclu sive smokers as have all other cigarettes put together. Remember: The men who know tobacco best smoke Luckies 2 to 1. HAVE YOU HEARD "THE CHANT OF THE TOBACCO AUCTIONEER" ON THE RADIO? When you do, remember that Luckies use the finest tobacco. And also that the "Toasting" process removes certain harsh irritants found in aTl tobacco. So luckies are kind to your throat. V-'-' 5- .... v WITH MEN WHO (NOW TOBACCO DEST-IT'S LUCKIES 2 T01 SviE Si -. . . . - -C? i i Also Comedy, Novelty Net Income To Exhibit A
Daily Tar Heel (Chapel Hill, N.C.)
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Feb. 10, 1938, edition 1
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