.THE MORNING OREGONIAN, T II UK S D A Y, FEBRUARY 29, 1912.
MILE WORKERS
TO
SCENES' AT LA WE EI CE STRIKE OF TEXTILE WOKKEES.
GOING
CAPITAL
Men, Women and Children ta
Appear Before Congres
sional Committee.
BERGER'S ADVICE HEEDED
Crntral Ltvbor Union General Com
mitter will Consider Action n
Calling Walkout at Lw
rr nee radtr Federation.
uwrxNCE. !(: Feb. ii- r-
rtc(tm.nti for tending a partr of tac
tile striker. Including children, to
naahlnrtoa to tppnar before a Con
gressional commltiM, aa auggested by
Representative Merger, were mad to
night. Tot party will leave Friday.
Mort than to man. woman and chil
dren. repr-entln It natlonalltlee
mocf tne stiiktra. will maka the) trip.
Tha children selected, all of whom are
14 years ol4, aro themselves mill work,
ra on strike. Ia aoma Instances they
bear aca-a from Injuries suffered whlla
at work.
Arncni tha number wilt ba a arlrl
whoso acalp waa torn off by a machine.
Colonel Lroy Sweetser. who baa been
In command of tha alata troopa alnre
they were brought bora aercn weeka
ago. wt:l ba relieved from further duty
before tha close of tha week, accord -tag
to an announcement tonight. This
le In reioi.e to Ma repeated requests
en fia around that hia business re
quires hi attention.
The committee appointed yesterday
to reprenf tna Plstriet Court In tha
nia of tre 14 children who were taken
Into custody on Saturday, aa nec'octed,
win appear before Judge Maboney to-
morrow. If la understood they will rec
ommend that several of the children be
placed In the care of tha State Board
of Charities.
. A call aa lasned tonight for a meet
tna of ine ireneral committee of tha
Central Labor I'nlon tomorrow after
noon, wnen definite action en tha mat
ter of ca'Hbs; a strike under the aus
pice of the American Federation of
Labor probably will be taken.
r f - 1 9 b vi a ,
'I
"t
. . !
IrXAMITE IS FOO'D OX CAH
Attpmpt Made? on Train of Woolen
Goods Gora Awry.
PHILADELPHIA. FeA. Nineteen
tick of dynamite. It waa reported
bare tonight, were dlecoreredl attached
to the truck of a Boston t Maine
freight car by a car Inspector here to
day. Tha car. which arrlred here Sat
urday, paaaevl throusjh Lawrence. Maaa..
It la made part of a train compoawd
largely of cara loaded with woolen
goods belonging to tha American Wool
en Company, whoae worker arc on
strike. Officials of the Boaton 4b
MsJne railroad were, notified and steps
war taken. It la said, to trace other
cara that were In the train.
Th dynamite) waa wrapped In hear?
paper and tied to the trucka In auch a
way aa to causa a wheel eventually to
rub away the paper and cauae a place
of wire attached to tha explosive to
Icnlto from the friction of U wheel,
but a miscalculation waa made by the
would-ba dynamiters.
LEWIS COUNTY AMONG RICH
AoseeeeJ Valuation, According to
Report. Is $IS,02,330.
CHEHALlf. TCasb.. Feb. St. (Spe
cial.) The annual report of County
Auditor Swcfford to the State Board of
Accountancy for the year, ended De
cember XI. con tains a number of polnta
of IntarsiL
The total 1)10 assessed valuation of
Iwla County waa 11 1.04. 5S0. Ftate
taxea amnnrttnc to $100, SS4.lt. county
taxee I -'33.101 01. city and town tajiea
fj4.S43.il. road dtatrlct taxes $11 3..
i:4.4S. 1-vral Improvement taxea $11.-
SIS.J4. school district taxea $111.2.T.
atrsregatlnc $42.i).lo. were levied.
The county had resources artrreratlnc
S41.S0S.M, divided aa follows: fah
S10S57 71. cellnquent taxea $10. 173. SI.
road majM.iery and tool 12.973.gl.
quarry and Implements I1.JM It. Fixed
asseta acgrvg-ated $30.0o for court
house and mounds. $I4.S6t.Sl for furni
ture and fixtures, $4500 for poor farm
and $1009 for furniture and fixtures.
Net liabilities aggregated 1:70.617.43.
There were H3.SJ4 54 current expense
fund warrants outstanding. S3S on the
game fund. $ .'IS. til. 40 road and bridge,
and $144.S1 general, aggregating $:.
537. The county bad $40,000 out
standing 10-10-year bonds at 4H per
rent. B it 10 school dlatrtcta have bonda
outstanling. these aggregating but
$lS5.il).
Total receipts for tha year were
$0S.SSS.12. with a grand total of dis
bursements aggregating $1 150.47T.3S.
Kxpense of the various oounty offlcea
la of Interest, being aa follows: Audi
tor $7J57.!3. Treasurer $4S25.f7. Clerk
ti:$7.37. Assessor $7317. Puperlntendent
$1417. (4. Attorney $S4 7. Sheriff
$5301. 3J. Frclneer 3t5.30. Commis
sioner $;s;s.l0. Coroner $104: 75. The
t-jperior Court cost $$114.14.
mm ere -. I - -w c -"i Ja.e-waiainW' i-hil-j-w l - 1
V . -" . " w
5 'f'
is sai V awa. at- a 'm k . .we-'
:
ABOVE, STHF.KTCAR MAnF.I) BT KTRIKKR.1 BF.I.OW, MILITIA OS
KI'ARD AT PARADE . (THKK r HOTOGR-trHS WERE T1KEX I.t JLV
IAHV.)
T. IL LEAGUE FORMED
La Follette
up for
Men Now in Line-ex-President.
OFFICERS ARE ELECTED
OREGON SHORT LINE FINED
Iilalto f-aj Koad Wii Galltjr of
Thrco Serious Law Violations.
ROISK. Idaho. Feb. It Eight hun
dred dollar a In finea waa assessed
against the Oregon Short Line la tba
I'nlted states District Court today.
One fine waa for allowing freight
train crews to work more than 14
hours without the legal rest period:
another for holding stock la transit
more than It houra and tha third fine
for maintaining unsanitary premises
st Pocatello.
Mot of Senator' Organization in
California, Including Governor
Johnson. lit Now In One to
Aid Colonel's Chances.
SAN FRANCISCO. Feb. IS. The
Roosevelt Progressive Republican
League of California waa organised
' here today by representatives of near
ly every section of the state. State
Senator Stetson, of Oakland, waa
elocted prealdent and Thlllp Bancroft.
of this city, secretary.
Resolutions setting forth the pur
pose of the organisation were adopted
and preliminary measures were taken
toward tha formation of a Rooaevelt
Progressive Republican League In each
assembly district.
While the meeting today was sug
gested by those who took an active
part In tbe preliminary organisation
of the La Follette League about two
monlha ago. none of the men active at
that time hold any office In the present
organization. The La Follette move
ment had pledged by algnature ap
proximately 1S00 persons, and several
days ago to each of these signers two
postcards were sent, one expressing a
preference for La. Follette aa tbe Presi
dential candidate and the other. Colo
nel Roosevelt.
It was announced today that of
these 774 had been returned. (41 of
them pledging support for Roosevelt
and 132 for La Follette.
Tbe mretlnir delegated to the ex
ecutive committee power to nominate
delegatea to the National Republican
convention. It waa recommended that
the executive committee conalder
among other National convention dele
gate nominee. Governor Johnson,
Francis J. Heney. Representative
Kent and others.
LA FOLETTE IS BETRAYED
CottnB frem ytret Page.)
to this, great anxiety on account of
hia daughter, who had to under
g a critical operation, exhausted
the Senator's strength and a rest be
lame necessary. He Is not under the
doctor's rare and not a day baa he
been confined to his room or to bis
been confined to hia room or to his bed.
"lie will aoon be active again, aa ha
haa been for year. In hia fight for
a reatoratlon of true representative
(.;- rrnrarnt In thla country."
rw Oominlcan President in Office.
SAN POMINGO. Feb. IS. EUdlo Vle
t ria. who waa elected oa Pocfmbpr IS.
took the oath yesterday aa President
of rUnto Doming a for a term of six
years.
T. It. ROOM OPENS AT SEATTLE
tate Committee) of 51 Organizes
and AVIII Begin Work Today.
SEATTLE, Wash. Feb. It. The
Roosevelt state committee of 11. ap
pointed at a banquet In thla city last
Thursday night, met today and organ-
lxed by tbe appointment or ueorgo li.
Walker, of Seattle, aa chairman; Dr.
Iennla W. King, of Wenatchee; O. J.
Lang ford, of Tacoma. and Lloyd K.
Uandy. of Spokane, as vice-chairmen.
and Rufua R. Wilson, of Seattle, aa
secretary. It was directed to open
headquarters In Seattle tomorrow and
to meet In Tacoma March 14, when an
executive committee will be chosen.
The membership waa Increased to 5 2.
A tloxen of tbe committeemen agreed
to attend tbe meeting of the Republi
can atate committee In Tacoma tomor
row, which meeting will decide on the
manner of choosing delegatea to tha
National Republican convention. The
following resolution will be preased
for passuge by the Roosevelt men on
tbe slate committee:
That tle chairman mnA the crtrv ef
tU" HputlU'eu slate Crntral committee be
sn-J hereby are authnrUcl. empowered and
directed 10 f.rlhwlth proceed to arrant
fnr the raltlne of a state convention ant
precinct caucuses anl cunty conventions
preliminary thereto to the rad thnt there
m,y afforded the electors of this state
a fair and lull epportuulty to express
themselves as to the choice of delegatea
to ine Kepuuticaa national convention.
It was decided at today'a meeting to
serve notice on the Republican atate
committee that unless county conven
tlons were held under the direction of
the Republican atate committee the
Rooaevelt atate committee would hold
county and state conventions and send
delegatea to the National convention
O. C Moore, of Spokane, who is the
head of the movement to organize a
atate progressive league, attended to
day's meeting.
BRIGADE POST IS VOTED
House Takes First Step In AVar le-
partment's New Plan.
WASUINOTON. Feb. 2S. A bill mak
log Fort Oglethorpe. Ga., a brigade
cavalry post passed the House today
by a vote of 1S7 to 3$. after four hours
of debate and stubborn resistance, led
by Representative Fitzgerald, of New
York.
Fort Oglethorpe Is now a regimental
post. The change is the first of the
general plan of the War Department
to concentrate troops In fewer garrl
sons.
GRAND JUNCTION. CoU, Feb. 28.
rort Duchesne, one of the last remain
ing Indian fortresses in the West, is to
be abandoned. Captain R. M. Nolan haa
received ordera to move hia troopa to
Boise Barracks, Idaho. The Utah In
dlana will be left to shift for them
selves.
TROOPS INSPECTED TODAY
lteglmental Review at Barracks at 9
o'clock. Is Scltedalcd.
VANCOUVER BARRACKS. Wash
Feb. 3$. (Special.) All of the troopa
in the post will be Inspected tomorrow
on the Infantry parade grounds and
there will be a regimental review at 9
o'clock. Captain William Newman, of
the First Infantry, will command tha
review. The machine gun platoon
and mounted detaebmenta of the First
Infantry and a mounted detachment
of the Second Field Artillery and the
Second Battalion of Company F. En
gineers, and hospital ambulancea will
form on the north of the road, facing
the commanding officer's quarters.
Colonel George K. McOunnegle. com
manding officer, will lnspeot the First
Infantry and the commanding officer
of the Second Field Artillery will In
spect that branch of the service.
I'M NO PROPHET, SAYS T. R.
Colonel Says He Has Heard Nothing
of Situation In Weet,
NEW TORK. Feb. IS. Colonel Theo
dore Roosevelt returned to New Tork
tonight, after an abaenca alnce Satur
day in Boston.
"A very Interesting trip, he told the
reporters who met his train at 3:30
P. M. When his attention was called
to the announcement of nine Governors
declaring themselves as Taf t support
ers and be was asked what he thought
of the situation In the West, he said:
"I haven't heard anything and I am
not a prophet.'
He added, however, that in the State
of Washington, where Oovernor Hay
had declared for President Taf t a re
nomination, tbe Mayors of Seattle and
Tacoma and Senator Polndexter had
announced themselves In his favor.
GARY DINNERS PART I
OF TRUST SYSTEM
Expert Finds Word of Partici
pants Effective in Con
trolling Prices.
STEEL EARNINGS LARGE
Trices of Raw and Finished Mate
rial Largely Enhanced by Pol
ler of Holding: Corporation.
Competition Prevented.
Tbe Senad Sleep f (Joed Health
Is not for those suffering from kidney
ailments and Irregularities. Tha
prompt ose of Foley Kidney mils will
dispel backache and rheumatism, heal
and strengthen sore, weak and ailing
kldnevs, restore normal action. ana
tl. ft neaitn ana strengta. Mrs. 41. I
fpalsbtiry. Sterling. 111., savs: "I i
tmffered greitt pain In my hack and j
Kiuneys. could not, sleep at nlftht and i
1 1 1 . 4 not tall mv hanHy i. . .- . '
I'cfco. tint two DQities ui roiey ivia
Plls cured me." bold by all dr
AlsUb
nrVIDENDS OF STEEL COM
PANIES COVXRLNG NINE
YEAR PERIOD.
The Csrnefle Co J227.S80.ooo.00
Kede'l steel Co, com.. 114.818.1H2.0O
Fode'l Steel Co.. pf.... 81.157.12S.30
Nat. Tubs Cik, com.. 2e.7s3.8o3.50
Nat Tube Co.. pf.... 27.2W.737.aO
Am. Steel A Wire Co.
of N. J.. com BtllO.400.2S
Am. Bteel Wire Co..
of Jf. pf 27.200.1325
Nat. Rtsel Co, com.. 8.4'O.O00 O
Nat. Bteel Co.. pf 8. 7 7 9. 15.1. 00
Am. Tin Plate Co..
com 1.419.G9U.00
Am. Tin Plate Co..
preferred 8.634.872.00
Am. het 8teel Co.
com S.1S4.S48.00
Am. Sheet Steal Co.
preferred 6.573.568.00
Am. Sbeet 4k Tin Plats
Co.. com 23.040.833.00
Am. Shert a: Tin Plate
fa. pf 12.004.8O4.00
Am. Steel Hoop Co.,
com 1.830,000.00
Am Steel Hoop Co..
preferred 2.041. 40T.51
Am. Undue Co . pf . . 1B.715.C77.60
Ollrer Iron Mining Co. 2,400.000.00
Lake Superior Con.
Iron Mlnlnir Co 8.efio.06.03
Shelhv airtl Tube Co.,
preferred 2.224.903.00
Pttisburjr Steamship
Comoanv 243.870.00
Clalttoa Steel Co 4.233.000.00
Total : .t87S.184.849.04
Interest on the Car
nesle Co. collateral
trust bonds 77.9S9.337.49
Total
..I7d8.124.88S.68
WASHINGTON, Feb. 28. The "Gary
dinners," attended by representatives
of the chief steel concerns of the United
States are held by an export employed
by the House steel trust Investigating
committee to have been effective fac
tors in controlling- the steel trade. The
report waa made by Farquhar T. Mc
Rae. accountant employed by the com
mittee. The section of the report dealing;
with the "Gary dinners," where inde
pendent as well as corporation steel
men assembled to discuss conditions In
tha trade, contalrls an analysis of the
legal effect of the "golden rule" policy,
prepared by Anthony J. Ernest, a New
York lawyer, la which it la declared
that the "conventions agreed to and
enforced would be oblectionable as re
gards their effect upon competition."
. Dinner Arrangement Objectionable.
"The Gary dinner arrangement," says
the report, "whereat the so-called In
dependents are Influenced to reduce
their production conformably to their
estimate of the reduction in the de-
ma. nu existing, ana to maintain prices.
Is objectionable as far as It operates
to exclude free competition. The ar
rangement ia designed and Intended to
operate and haa operated, admittedly,
aa to standard ateel rails, although it
ia claimed that the ao-called independ
ent participants can cut prices with
out fear of penalty, except the dis
honor of declaring In favor of a named
price and then selling at some other
price. '
"It can be no justification of the co
operation of the participants in the
Gary dinners that no penalty attaches
to a violation oi tne declarations mu
tually exchanged, because perforce the
anti-trust act would prevent the en
forcement of any penalty for reducing
prices or exceeding one's share of the
business. Previous pool agreements
may have been broken and penalties
inflicted by the members themselves.
although this waa soon discontinued.
It will be assumed, even If a fund had
not been deposited, that the men - in
the old pool would have paid their
flues. If this be assumed. It can also
be assumed that the word of the par
ticipants in the Gary dinners Is ample
security for the professions of co-operation
In the policy almost unanimously
subscribed to at the dinners.'
Prices Are Manipulated.
The McRae report reaches the con-
elusion that the Steel Corporation op
erates In restraint of trade and prevents
competition through a manipulation
of prices, through the Influence of the
so-called "Gary dinners," by control of
raw materials, and through a system of
Interlocking directors In various com
panies. It also tends to contradict aome
of the testimony given by steel trust
officials.
Some of the figures dealt with In the
report are startling. It is shown that
J. P. Morgan A Co. received approxi
mately $70,000,000 In cash profits for
orsranlrlnir the hlg stel combine, and
that the net profits of the concern for
the first nine years of Its existence
ere more than a billion dollars. Mc
Rae finds:
That J. P. Morgan & Co., heading the
syndicate which organised the Steel
Corporation, received a cash profit of
169.300.000, of which 162.600.000 was for
promotion, with an additional commis
sion of $6,800,000 for a bond conversion
scheme. .
Xet Profits Are a 13 a Toa.
That the net earnings of the corpora
tion for a period of nine years were $1.
C29.6S5.889. or an equivalent of approx
imately $13 a ton on finished product.
Instead of $9SO,000,311. as claimed by
the corporation in its report.
That tha steel corporation, contrary
to the statement made by Judge Gary
and H. C. Frlok to President Roose
velt In 1907, that it did not control
more than 60 per cent of Bteel proper
ties in the country, controls about 80
per cent.
The approximate net earnings, the
report says, are equivalent to an earn
ing of 40 per cent on cost.
In accounting for the discrepancy
between the earnings claimed by the
Steel Corporation, $1)80.000.311. and his
estimate of $1,109,146,093. McRae re
stored to net earnings what had been
eliminated by the Steel Corporation in
its accounting, including auch things
as "interest on bonds of subsidiary
companies, the locked-up lnter-com-pany
profits in inventories, special
depreciation admittedly charged to
construction, employes' bonus funds
and special compensations, account of
preferred stock subscriptions, which
have been treated as dividends from
earnings and not In the nature of ad
ditional wages to employes, and, lastly,
interest on bonds, mortgages and pur
obase money obligations of subsidiary
companies.
Competition Is Terminated.
Competition between previously
competing concerns was terminated by
the concentration of the control of up
wards of 180 corporations Into one security-holding
company, known as the
United States Steel Corporation.
The United States Steel Corporation
is merely a holding company engaging
in no business except tha control
through stock ownership of the sub
sidlary companies.
The poller of the corporation result
ed in enhancing the prices of raw and
finished material, of which tne report
says: 'The steel corporation onicers
openly declared the policy of buying
all the available supply in order to Keep
up tne pnee.
'The result, the report says, or en
forcing these resolutions and arrange
ments is that materials for export must
be bought from the United States Steel
Products Company, and buyers in the
United States who wish to buy goods
for export are compelled to pay an ad
ditional profit to the United States steel
Products Company.
Company Store Profitable.
That the United States Steel Corpor
ation has earned $4,339,140 In eight
years through its subsidiary, the Union
Supply Company, which sells goods to
employes. Is the conclusion of an ex
hibit submitted with the report. The
expert Includes In his report the fol
lowing quotation from the testimony
from E. H. Gary, chairman of the board
of Steel Corporation, before the steel
committee last Summer:
Where the Steel Corporation h: 3
stores and we have not very many
we made it certain that the goods were
sold to the men at prices less than
they could purchase the same things
elsewhere."
The report also refers to the state
ment made before the committee re
cently by Percival Roberts, Jr., a di
rector of the Steel Corporation, to the
effect that the corporation "had done
J more for laborers than any other
agency in the United States."
Then the report sets forth facts and
figures tending to show that through
the Union Supply Company the Steel
Corporation had made 100 per cent on
Its investment.
Supply Company Pays Big.
The exhibit represents that the cap
ital stock of the Union Supply Com
pany, Limited, was $75,000 and that it
was increased to $500,000 in April, 1902,
when the company was incorporated;
that 366 2-3 per cent, dividends were
paid by the Union Supply Company,
Limited, from January 1 to October 1,
1 8, before the Steel Corporation was
formed, these data being supplemented
with extracts from minutes of dlrec
to 3' meetings of the H. C Frick Coke
Company, taken over later by the Steel
Corporation; that 200 per cent divi
dends were paid by the company for
the year 1900, 100 per cent dividends
paid in 1901, and that the dividends on
1902, after the reorganization of the
company, amounted to $413,066.66.
The total earnings of the Union Sup
pi Company from 1903 to 1910, In
clusive, were $4,339,140. and the divi
dends in that period $3,550,000. The
cost of the Union Supply Company the
report shows to have been $274,000.
while the corporation claims interest.
mi quo oto Tn-Vilh Includes a BUfJ
plus of $615.641.52
11
-f-l
STNOPSIS OF THE ANNUAL STATEMENT
OF THE
Union Assurance Society
LIMITED
of London. England. In the Kingdom of
Great Britain, on the 81st day of December.
1911. mads to the Insurance Commissioner
of the State of Oregon, pursuant to law:
Income
Premiums received during the
year in cash $329,279.17
Interest, dividends, and rents re
ceived during the year 23.930.67
Total income
. .$333,209.84
Eight in line with the
newest ideas hair lines
in color on dark goods,
red lines on blue, gray
on blue, blue on blue,
and all the lucky color
combinations, especially
fashioned for young
men.
Every suit is a com
plete work of tailoring
art.
Price $20.
Shorts and neckwear in
stripes to match the suit
Disbursements.
Losses paid during the year $141,112.77
Commissions and salaries paid
during the year 100,608.18
Taxes, licenses, and fees paid dur
ing the year 13.9S4..0
Amount of all other expenditures 109,340.62
Total expenditures $367,044.07
Assets.
Value of stocks and bonds owned .$609,947.78
Cash In banks and on hand it.440.b7
Premiums In course of collection
and In transmission 76,378.25
Interest and rents due and ac
crued 8, 858.00
Total assets $718,519.88
Total assets admitted In Oregon. .$715,519.88
liabilities.
Gross claims for losses unpaid... $ 87,888.88
Amount of unearned premiums on
all outstanding risks 281.R38.15
All other liabilities 12.011.29
166-170 THIRD SX-
Always Reliable.
E. L. Webster, director of the Wash
ington-Alaska Bank, signed a report
August 23, 1909, making a false state
ment regarding the condition of the
bank.
Barbour and Joslln are out of town
and have not been served with the
warrants. The four Seattle men in
dicted severed their connection with
the bank two years before the failure.
Paco Sheriff Goes South for Man.
PASCO, Wash., Feb. 28. Sheriff
John W. Hays has gone to Berkeley,
Cal.. where A. P. Eddy is under arrest.
This solves the mystery as to the
fourth Indictment brought in by the
grand jury last week, the other three
having been returned against George
H. Ree. Eddy was Indicted on a charge
of grand larceny. He was manager
of the Cunningham Hotel here several
years ago and became involved in
quarrel with Charles Cunningham, the
proprietor. Aa a result Eddy sued Cun
ningham for $20,000 damages lor al
leged defamation, libel and other
things, but the suit was unsuccessful.
Total liabilities 8381.4Sa.8T
Total Insurance in force Decem
ber 81, 1911 $S8,5Tl.eX04)
Business In Oregon for the fear.
Total risks written during the '
year . $2,118,84A0
Gross premiums received during
ths year 8LS-U
Premiums returned during the
year 14.590.53
Losses paid during the year.... 37.408.90
Losses Incurred during the year 18,888.71
Total amount of risks outstand
ing In Oregon December 31,
1911 . 8.628.148.00)
UNION ASSURANCE SOCIETY, LIMITED
By A. H. WHAT, Manager.
Statutory resident general agent and at
torney for service:
WILLIAM M. PATTERSON,
Portland, Or.
Pettls-Orossmayer Co. and R. E. Menefee
A Co.. Resident Agents, Portland, Or.
STNOPSIS OF THE ANNUAL STATEMENT
OF THE
PACIFIC SURETY COMPANY
of San Francisco, In the State of California.
on the 81st day of December, 1911, made
to the Insurance Commissioner of the State
of Oregon, pursuant to law:
Capital.
Amount of capital paid up $300,000.00
Income.
Premiums received during the
year J374.3S0.7S
Interest, dividends, and rents re
ceived during the year 23,958.04
Income from other sources re
ceived during the year 85.002.S4
Eugene Club Electa in April.
EUGENE, Or, Feb. 28. (Special.)-
Candidates for the various offices in
the Eugene Commercial Club have been
placed In nomination and will be voted
on at the regular meeting in April. The
club has gone on record as favoring
the plan to have the Secretary of Com
merce and Labor provide farm statis
tics of the various states for the infor
mation of European immigrants.
Total Income $4S3,342.r3
Disbursements.
Losses paid during the year. In
cluding adjustment expenses,
etc $186,430.41
Commissions and salaries paid
during the year 180,730.01
Taxes, licenses, and fees paid dur
ing the year 8,276.28
Amount of all other expenditures 46,223.74
.Purely Mutual
...I 40,421,203.23
... 13,422.949.48
o0.9-'l.O7
STNOPSIS OF THE ANNUAL STATEMENT
U1T .inn,
Northwestern Mutual Lite Insurance Co.
of Milwaukee, In the State of Wisconsin, on
the. vSlst dav of December. 1911. made to
the Insurance Commissioner of the estate
of Oregon, pursuant to law:
vapiuu.
Amount ot capital paid up.
Keceipts.
Premiums
Interest and rents .......
All other receipts
Total receipts $ D4, 55.141.78
nlshnraemeata.
Claims by death 10.S30.2O4.59
Matured endowments z.Bjs.aov.oi
Annuities 71.822.82
KurrnrulerAil policies 9.Z77.o&4.tt'J
Dividends to policy holders... 12.810,321.25
Total payments to
holders
Taxes
Commissions
Medical examinations and in
spection or risks
Salaries and all other compen
sation of officers, trustees
and home ofnee employes...
Advertising
Supplies, furniture and fix
tures Postage, exchange and ex-preasaee
Rent (Home Ofnee)
Total expenditures $399,600.44
Assets.
Value of real estate owned 2,403.93
Value of stocks and bonda owned 298,873.68
Loan on mortgages and collat
eral, etc 103,780.97
Cash In banks and on band. ... 128,570.51
Premiums In course of collection
and In transmission 87,192.18
Interest and rents due and ac
crued , 7,825.03
Total assets , $825,948.88
Total assets admitted In Oregon. .1628,946.88
Liabilities.
Gross claims for losses unpaid.... $ S0.S33.29
Amount of unearned premiums on
all outstanding risks 148,830.48
Due for commission and brokerage 20,678.79
AH other liabilities 16,198.88
nollov
.. $ 85,627,462.45
Wt4.534.78
4.260,98.50
227.023.58
. Apnnrn Kent vxiome umco;
SEATTLE BANKERS SERVED Le4a'-en,Vd'tiiro?nere"d.-
bursementa
835.158.83
8,269.25
88.50T.C9
138.690.48
84,163.74
59T.58LS2
Total liabilities $232,534.22
Total premiums In force December
81. 1911 $289,889.45
Business in Oregon for the Year.
Gross premiums received during
the year .....$ 40,042.55
Premiums returned during the
year 8,485.11
Losses paid during the year...... 16.658.93
Total amount of premiums out
standing In Oregon December
81, 1911 28.076.21
PACIFIC SURETY COMPANY.
By C. E. SMAKB. Secretary.
Statutory resident general agent and at
torney for service:
FRANK K. SWITH.
210 Corbett Bids-
Capitalists, formerly Wltli Alaska
Institution, Out on Bail.
.$ 42.837,817.80
Total disbursements
Assets.
n'at rineludinflr Home
Office) $ 2.106,248.78.
T ,ra t. a nn real estate mort
gages 1.18,583,854.89
Loans on policies as collateral 41,988.863.02
Premium notes and automatic
premium loans 697,588.41
United States bonds, markst
value
SEATTLE, Wash.. Feb. 28. W. H.
Parsons and E.- L. Webster, prominent
Seattle caDltalists. were served with
Kortral warrants today based on the
Indictments returned February I by the
grand Jury at Fairbanks, Alaska, that I Other bonds, market value..
thn fniinrA or tne wasn- t - -
lngton-Alaska Bank a year ago. Mr.
Pimonii was released on $5000 ball
and llr. Webster on $2000 bond.
The Indictment charges that Mr. Par
sons, as manager: Falcon Joslln. vlce
r.reident? F. E. Barbour, cashier, and
Accrued Interest and rent. .
Due and deferred premiums. .
118.000.00
76.O72.885.00
8,171.747.83
4,618.175.04
8.244.669.00
.$285,875,219.44
The greatest volume of noise Port
land ever heard. Let every factory,
every engine, every boat in the river, every
church do its share.
At 10:30 this morning we want five minutes of real noise. It
will start tho one-day campaign of the Greater Portland Plans
Association. Let the auto horns honk, the church bells ring, the
whistles blow. Everybody is invited and requested to help.
Remember, the time is from 10:30 to 10:35.
I thank each and every one of you on behalf of the associa
tion, the publicity committee of the association and for myself.
Thank you. Thank you. Thank you.
FKANK A. RYDER.
Total admitted assets . . .
Liabilities.
Reserve required by law. Ac
tuaries 4 Der cent. Ameri
can 8 per cent $251,742,124.00
Reserve for Annuities 1.182,590.00
Present valua of not due In
stallments 2.711.799.41
Losses and endowments unad
justed, etc. 647.888.08
Estimated amount of Federal,
tat. and other taxes Day-
able In 1912 989.92 8. OT
TTnnAld accounts, medical fees.
commissions, etc 258.451.69
Dividends due and on deferred
premiums not due, etc 1,030. 576. 80
Deferred dividends payable In
1912 4,183.460.10
SSind. for defernrd dividends
payable after 1912 1. 709,393.00
Annual dividends payable In
1912 8,922.402.81
n.T-il for unreDOrted death
claims S50.0no.O
Reserved for contingencies .. 8.067.133.03
Total liabilities
.$285,575,219.44
Use CARMEN N OT tJantrerone
cosmetics and acquire beauty without
waiting or rubbing. Just a touch ot
CARMEN
Complexion Powder
aor! Tmc healthy. bhnshfTur beauty of yorjti jrfTl
be enhanced. toKraaioootilyoa rubiiotZ. with
out ''fthowiiyp powder."
Carmen ia different from ether powdgn
no danfrrr no powder CsSectno tmninft ot
akin or tusoea.
Jf deHffklfut fmffttmm ia permanent ttm
our tint a answer tMry complexion WJkit,
fink. ioA od Omm.TQilt
Carmen Cold Cream
-good for aor. rough akin. &Krw-whlte--Kqn-aticry.
So mm &ix.
St&fford-MiUer Comoany.
515 OUwrn Stmt St. Louis, Mow
tiflnaMKiwnagauBH
-TV'
f.
5? I
fST.. .IIHJWIS
Including 1248.784.00 of losses for which-
notlco but no proofs had been received Dec.
ai, mil.
Total insurance in force De
cember 81, 1911 SJ.ltT.ZTS.OJS
Business tn Orea-on for the Tear.
en.-i rtjika written durlnx tbe
yar $ 1,225,800.00
Gross premtuma received dur- j
Ing the year 423.328.95
Gross dividends returned dur
ing the vear 120.801.47
Losses paid during the year... 104,595.00
tmn incurred during tne
year . 108,030.00
Total amount of nsxs out
standing In Oregon ijece ru
ber 81. 1911 $ 18,877,597.00
THE KOBTHWESTKB.V MUTUAL LIFE
INSURANCE COMPANY.
By A. S. HATHAWAY. Secretary.
Statutory resident general agent and at
torney for service:
H. R. ALBKK.
Concord Bid-., Fort land. Or.
SAPOLI
The hlg cake that does
not waste, scatter or melt
CLEANS, SCOURS, POLISHES
FROM CELLAR TO GARltET
r i ' j
mm
GEO. LAWRENCE CO.
m
PRINTING
Baling. Binding and Blank Bonk Making.
Phones Mia 6:101, A 22.
Portland Printing House Co.
J. 1j Wright. Pre", and (.ra. Muma-rer.
Book. CntalofTue mod CummrMta1.
Ten til and Taylor bta.. Fort laud, Oregon.