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About The daily Nebraskan. ([Lincoln, Neb.) 1901-current | View Entire Issue (April 14, 1939)
L FRIDAY, APRIL 11. 1939 DAILY NERRASKAN FIVE Tri-kclub holds contest tomorrow 1 10 enter judging, identification meet; expect more Saturday The ninth annual Tri-K crops judging and identification contest will be held tomorrow, April 15. One hundred and ten students en tered the contest last year, and a larger number is expected to en ter the contest Saturday. The contest wil consist of jude ing eight classes of grains and seeds and of identifying 60 sam ples of grain, grasses, legumes and weeds. Contestants report at 7:45 in the morning at the crops labora tory and will be finished by noon, so that the results can be figured in the afternoon and the winners announced in the evening at the banquet. Agsters may compete. All agricultural students will be allowed to compete in this con test except those who have had agronomy 7 or those .who have been high men in previous con tests. The contestants will be di vided into three groups or divi sions according to the agronomy courses that they have taken. The freshman division will be open to all students who have had or are taking agronomy 1 and to those who have had no agronomy at all. The junior division will consist of all boys who have had or who are taking agronomy 3, and the senior division is open to students taking or having had agronomy 5. The high man of the contest will have his name engraved on a plaque which hangs in the agron omy building, and in addition he will receive a silver trophy from the Griswold Seed and Nursery company of Lincoln. The high men in the junior and freshman divi sions will also have their names engraved on plaques. The three high men in each division will re ceive gold, silver, and bronze med als respectively from the Tri-K club, and each of the ten high in dividuals in each division will re rccive a ribbon. Tri-K banquet. Following the contest a Tri-K banquet wil be held in the evening for all who wish to attend. Ttie winners will be announced and medals and ribbons i 1 1 be awarded. David McGill and Harold Schu del are co-chairmen of the contest committee, and they will be aied by Rundall Tcterson. Ted John ston, and Lawrence Treakle. Orrin Meierberry is chairman of the ban quet. Tickets may be obtained for 26c the morning of the contest. Union - - fees' paid by students go through the university finance office which apportions them out in accordance with the prepared budget. By far the largest share cf Union money comes from the $3 fees paid by students each semes ter. Totaling between $18,000 and $19,000 a semester, the fees are collected and held by the univer sity finance offioe for the sole use of the Union. A second source of income is the ballroom wrih is rented out to fraternities, s:roritics and other groups for $35 an evening and $15 for matinee programs. All money receded here is "ploughed back" into what is on the books as a promotion fund intended to pay for movies and speakers or make up any deficit incurred in other programs sponsored by the Union. About $3,600 was received and paid out again here last year. Food department self supporting. The catering or food department is nominally self-support ing as compared with the administrative organization, and gets no share of student fees. Its income is. of course, derived from the grill, the cafeteria, the dining rooms and special banquets. Calculated to operate on a non profit basis, the catering depart ment takes in and spends about $7,000 each full month. It is esti mated that about 50 percent of the total receipts goes for food and 30 percent for wages. Gas, electricity, $300 a month for de preciation of equipment, supplies and other expenses absorb the bal ance. Since the cafeteria is self-supporting, it has no appropriation in the annual budget which covers only the general administrative ex penditures of the Union. Regents must approve budget. Faeh year early in June, the board of managers, represented by its finance committee under Prof. Karl Arndt, makes out the budget for the 12 month period starting July 1, usually following the sug gestions of Director Van Sant. Be fore becoming effective, the budget must meet the approval of the board of regents. But experience has shown that the budget amounts to about $17, 000 whereas student fees bring in $36,000 to $38,000 a year. Inde pendent of the budget, a good half of this fund is set aside each year by the university finance office for amortization of a $200,000 mortgage taken out with the First Trust company of Lincoln, Feb. 1, 1937. Mortgage to be paid off in 1952. To explain the mortgage, it is necessary to recall the original financing of the Union building. PWA furnished 45 percent of the total cost of $400,000 or approxi mately $lS0.OO0. Student fees col lected in 1937 before construction started amounted to about $20,000 which was added on to the federal grant. The balance of $200,000 was met by taking out a mortgage at 34 percent interest, to be com pletely paid up by Feb. 1, 1952. Since the Board of Regents can Pi. If' 4i. m Council to meet today The Student Council will hold a special meeting this afternoon in the Union at 5 o clock. All members are urged to be present. not owe money, the transaction was made through the University of Nebraska Dormitory corpora tion which leases the building to the Union through the regents who have contracted to pay a yearly rent from the Union fees. This rent approximates interest and capital payments on the mort gage. Pay $16,000 a year. Annual amortization varies from $16,000 to $18,000, paid in two installments falling due Feb. 1 and Aug. 1. At the present, there is $180,000 vet to be paid. payments on the capital totalling $20,000 plus $13,600 in interest. Intel est charges will ultimately equal $58,000. The amortization is handled wholly through the university finance office, the necessary funds being set aside before the Union I Board even considers their budget Hi VAX iO N can he print. ith signs borrowed from much traveled luggage, or sweet and gay ith ponies from grand mother's gardens. Of rayon crepes. 1.9. and 2.9. PVJ M.S too, cost her no more. Oil Kneed SLIPS and lots of them! Unfiling taffetas, sleek rayon satins and rayon crepes, in Mhile and tea ro.c. Tailored stjles for those who like things plain. Iace trims for underneath 'IVek-a-hoo"' blouses. 1.9 and 2.9. Linjf i.e Sccn4 f iver. Ul I i I III LI L i r i tl I J for the following fiscal year. Enumerate budget items. Items ordinarily included in the budget of some $17,000 are, in round figures, $3,200 for depreci ation, $9,000 for administrative salaries, and insurance. This pasU year, the budget included $2,400 to bolster the promotional fund for speakers, orchestras and other Union activities, and $950 for a motion picture projector. Other budgetary expenses provide for the auditing fee charged by the finance office, office supplies and innumerable miscellany which cannot be accurately foreseen at the beginning of the fiscal year. Charts first year successfully. The Union as a whole in both administrative and catering de partments employs about 100 per sons, not counting maintenance workers who are paid by the uni versity. Only 20 of these are non students working on a full time basis. Among the SO student workers, the average wage is 25 cents an hour with the first three hours a day being paid for at the rate of a meal for each horn's work. s HE likes lingerie HERE feminine, that makes her roommates green with envy! Colors are bright ami inviting as y o u r favorite dormitory room ! W HETHEI? she has an ming for exams, or whether she has no work to do and wants to sit around villi the gang in a hull session, it's more fun if she's coated in one of those gay printed hostess robes of hemherg ravon. 6.50 to 8.9.. yj of a frivolous 4. lb ,' limit! 1 M ... ,V:M rlYVl Clarence Molzer gives recital Sunday in Temple Clarence Molzer, talented high school student who studies 'cello with Betlie Zabiiskie at the school of music, will be heard in recital Sunday evening at 8 o'clock in the Temple theater. Molzer, the son of Prof. August Molzer, will play a Friml number, "Valse Silhouette," which has been arranged by his father. He will play the following program: Handrl. Sonata, G minor; Grav, Al ltKro. ljirRo, Allccro , Booeherinl. fonefrto. B flat Vajnr : A! lecro m.'derato; Adagio imt ron troppn), Ro-!1: Allfpro. Faur. Klcgic. Kriml-Molzor, Val SilhoufUt. Dehussy, IX" Ptit Nai. Harnett Harciwn at tli flano. Players act tonigh; A selected cast from members of the University Flayers will pi-e- sent a one act play at the regular 'weekly meeting of Dclian Union, j literary society, tonight in room J 301 of the Temple. Also appearing ;on the program will be Miss Ella- dean, who will present several ae 1 cordiansolos. that's frilly ami evening ahead of eram- -a 7 ft w , . . .... k' -