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Title: Orange blossoms
ALL VOLUMES CITATION THUMBNAILS PAGE IMAGE ZOOMABLE
Full Citation
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Permanent Link: http://ufdc.ufl.edu/UF00086633/00016
 Material Information
Title: Orange blossoms
Alternate Title: Orange blossom
Physical Description: 25 v. : ill. ; 28 cm.
Language: English
Creator: Florida Citrus Production Credit Association
Publisher: Florida Citrus Production Credit Association,
Florida Citrus Production Credit Association
Place of Publication: Orlando Fla
Publication Date: July 1945
Frequency: irregular
completely irregular
 Subjects
Subject: Oranges -- Marketing -- Periodicals   ( lcsh )
Oranges -- Periodicals -- Florida   ( lcsh )
Genre: periodical   ( marcgt )
 Notes
Dates or Sequential Designation: Vol. 1, no. 1, (May 1942)-v. 25, no. 8 (Nov. 1967).
Numbering Peculiarities: Vol. 16 repeated in numbering.
 Record Information
Bibliographic ID: UF00086633
Volume ID: VID00016
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 45618176
lccn - sn 00229153

Table of Contents
    Front Cover
        Page 1
    Main
        Page 2
        Page 3
        Page 4
Full Text
ro.
(95


Vol. 4, No. 3


Orlando, Florida


War prices for citrus fruits have meant higher returns to growers. Returns above operating
expenses during the past few seasons have been the highest in years, however, continued war
prices should not be taken for granted.

Is not this a favorable time for one to get his financial position in good shape and be
ready for adversities when they occur? Should there be a sharp break in prices, as happen-
ed following World War I, returns above operating expenses for many groves will disappear
for a year or two. Will you be in a financial position to withstand such a shock?

As a result of income taxes, there is a limitation on how much a person can increase his
net assets during a year. Should one over-expend his capital investment on basis of small
equity, he may find it impossible to fortify himself before war prices cease to exist,

o..ARS
PER ACRE

520
480
440 /
-OO /
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240
200






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July, 19,


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FINANCIAL STATEMENT
June 30, 1945


ASSETS:
Cash on hand and in banks...........................
Loans to members...................................
Government Bonds government guaranteed..............
Earned Interest on loans and bonds.....................
Accounts Receivable............ .................... .
Furniture and Equipment, less $2,228.77 reserve for
depreciation .................. ...... .............
War Stamp Fund & Other Assets..........................
Total Assets $

DEBITS:
To the Federal Intermediate Credit Bank, for money
borrowed, and for interest not yet due.............
Undisbursed Proceeds of Loans..........................
Federal Taxes Withheld and Payroll War Bond Deductions
Total Debts $

NET WORTH:
Non-Voting Stock, Class A:
Owned by Production Credit Corporation of Columbia.$
Owned by Investing Members.........................
Voting Stock, Class B:
Owned by Voting Members.............................
Reserves built up from earnings as protection to
members' investment.................................
Total Net Worth (Amount Assets Exceed Debts) $


89,962.48
272,460.00
262,800.00
4,504.10
-0-

971.70
50.00
630,748.28



321,253.85
8,388.10
93.11
3 29,735.08



90,000.00
28,905.00

69,655.00

112,453.20
301,01.20


INCOME AND EXPENSE
January 1, 1945 through June 30, 1945


INCOME:
Interest earned on loans to members..................$
Loan Service Fees.....................................
Interest on Bonds.....................................
Total Income $

OPERATING EXPENSE:
Interest on money borrowed from Federal Intermediatc
Credit Bank of Columbia............................
Directors' Expense..................................
Executive Committee Meetings........................
Office Salaries & Travel.............................
Field Salaries & Travel................... ...........
Legal Expense.........................................
Rent, Light, & Heat.................................*
Postage, Telephone & Telegraph ......................
Stationery, Supplies & Printing......................
Furniture, Fixtures, & Equipment Expense..............
Insurance & Bonding ..................................
Annual Meeting Expense.............................
Miscellaneous Expense. .............................
Total Operating Expense $

NET EARNINGS........................................ .$


8,707.17
1,444.80
3,435.7o




3,005.27
91.70
50.00
4,321.50
2,964.35
-0-
458.52
338.35
169.13
8.10
13.23
126.25
149.94
11=,96.34

1,891.33


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LARRY COWDICT AND HIS DOG, PAT


:*AROLD V. CONVICT

During the summer of 1942, Mr.
Harold Condict volunteered to
go overseas with the American
Red Cross. Early in December
of that year he was shipped
to Italy via North Africa. He
has been stationed in Naples,
Rome and other Italian cities,
working with the many problems
handled by the Red Cross.
Above is a V-Mail letter re-
ceived by this association
from Mr. Condict.


Larry Condict, above, son of Harold V. Condict,
pictured at left, entered the United States Army
in March, 1944. Early in December, 1944, he was
sent overseas with the 70th Division.

Larry saw action with the 7th Army in France and
Germany. In January, 1945, he was wounded, but
following his recovery, he returned to his outfit
for the Big Push. Later he was wounded more seriu
ously and brought back to the States. Larry has
been convalescing at Oliver General Hospital, Au-
gusta, Georgia and at present he is home on leave
in Winter Park, Florida.

Larry expects to welcome his Dad home from over-
seas sometime during July.

0 * *

Thou, too, sail on, 0 Ship of State
Sail on, 0 Union, strong and great i
Humanity with all its fears,
With all the hopes of future years,
Is hanging breathless on thy fate .,..
Longfellow.


i-A
ll~:~F


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Pictured above at left is Harvey B. Snively, Jr., Flight Officer, age 21. 7/O Snively
entered the Air Corps in May, 1943 and completed his training at Moody field, Valdosta,
Georgia. He is now attending glider school at Maxton, North Carolina.

Center, Pfc. Robert E. Snively, age 19, enlisted in the Marine Corps in June, 1944.
Robert went to the South Pacific in November, 1944 and was in the first wave to hit the
beach on Okinawa on Faster Sunday. He is still there with the First Marine Division.

Right, Frank B. Snively, age 24, enlisted in August, 1943 and completed his training
at Henderson, Kentucky. Cpl. Snively went overseas with the 75th Division in November,
1944. He was in the battle of the Belgium Bulge, the Colmar Pocket and went into Bel-
gium where his outfit relieved British Paratroopers. Frank crossed the Rhine with the
Ninth Army and has been stationed at Brillan, Germany since V-Z Day.

wn at extreme right is Mr. H. B. Snively, Winter Haven, Florida, father of the three

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