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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Feb. 24, 1904)
10 THE OKEGOX DAILY JOURNAL; PORTLAyp, WEDNESPAY EVEyiNG, PEBTlUAItY 24, 1904. iiMiiwiiiiiiiiniinnT "L""" -"' " iiiiihiwiiiiii im i jiiiiiiiiiiini iiiiiiiiiiimiiiiii PROOF OF PUBLIC CONFIDENCE '' . " ' '-"'-""-' - ' " . The Number of Policies in force is greater than that of any other Company in America and greater than that of all the Regular Life Insurance Companies put together (less one) and can only be appreciated by comparison. It is a greater number than the COMBINED POPULATION of Con necticut, Vermont, New Hampshire, Rhode Island, Dela ware, Florida, Colorado, Oregon, Washington, Wyoming, Nevada, Montana, Idaho, North Dakota, South ' Dakota, Utah, Alaska, Arizona, New Mexico, District of Columbia, Indian Territory, Oklahoma, Hawaii; or as to CITIES it is as many as the population ' of Greater New York, Chicago, Philadelphia, Boston and St. Louis combined. This Company has more premium-paying business in force in the United States than any other Company, and for each of the. last 10 years has had more New Insurances accepted and issued than any other. Company in the World. ASSETS $105,656,311.60 .. - fSsssr- "-i-- .Lilt? "ir '- -ui"n ii rs Uua-g. iupst Office Building la the VorW flUdlson Atom, Fourth Aitnue, 23rd Street tad 24tb Street, New Turk City. ' HOME OFFICE OF THE muuuuuuwmuBiiinmraiainmi BHunaBbdiii SIGNIFICANT FACTS - This Company's Policylaims paid in 1903 averaged in number one for each minute and a third of each business day of 8 hours eacht and, in amount, $89.00 a minute the year through. : K THE DAILY AVERAGE OF THE COMPANY'S . BUSINESS DURING 1903 WAS: . 350 per day in Number of Claims Paid," 6,297 per day in Number of Policies Issued. ; 01,303,550.09 per day in New Insurance Writteiu $08,582.70 per day in Payments to Policy-holders and addition to Reserve. . 7 853,841.18 per day in Increase of Assets. Income in 1003. '040,887,004.11 Gain over 190lT.r. .; :.T;.T.T, .7;.. 6,551,520.50 Asset increase in 1903....... i.... ..10,475,402.01 IIIIIBHUUIPIKIIBI i (01 o TO 7-T (INOORfORATED BY THK STATE Or NEW YOUKJ ASSETS. United States, City md Rl R. Bonds and Stocks .1 $48,175,913.27 Bonds and Mortgages . . 31,814,193.06 Real Estate . ..... . 14,835,140.61 Cash V . 5,301,220.90 ' loans to Policyholders . . . 1,850,144.14 5i Premiums, deferred, and In course of collection Net) ... 3.000.401JO Accrued Interest, Rents, etc . , , 679,298.32 $105,656,311.60 LIABILITIES .Reinsurance Fond and Special Reserves . . ; : AH other Liabilities .-. . ' Capital and Surplus . . . ; $94,008,251.00 ; 956,188.04 ,10,691,872.56 $105,656,311.60 The Company OF the People, BY the People, FOR the People Paid to Policyholders since Organization, plus O 3 Q Oft C ft&Q Q A Amount of Outstanding Insurance . ; . the Amount now Invested for their Security, !$1,342,381,457.00 Number. of Policies in Force Amount of Insurance Issued in 1903 17,523,915 :$398,889,074.00 In its Ordinary Department policies are issued for from $1,000 to $1,000,000 on individual lives, premiums payable annually, semi-annually and quarterly. In its Industrial Department policies are issued on all the insurable members of the family for weekly premiums. THIS COMPANY'S POLICIES ARE PLAIN BUSINESS CONTRACTS VHICH TELL THEIR VHOLF"STORY UPON THEIR FACE; LEAVE NOTHING TO THE IMAGINATION; BORROV NOTHING FROM HOPE; REQUIRE DEFINITE CONDITIONS AND MAKE DEFINITE PROMISES IN DOLLARS AND CENTS. RECORD OF GROWTH IN TEN YEAR PERIODS INeOMI 1883-S2,082,010.05 1803-15,210,230.05 ASSETS UHUI 82,180,022.24 10,343,705.00 1003-49,887,804.11 105,050,311.00 , rouoiis in ronot $627,368.24 531,048 4,100,689.92 2,040,226 10,691,872.56 7,523,915 OUTSTANOINO INSURANOI $63,425,107.00-1883 353,177,217.00-1803 1,342,381,457.00-1003 WILLIAM L. MORGAN, Supt. J. V. SMITH, Supt. ftooma T10-TH S.kvv Bldr. Third Md Wart- Xooma 315-317 Ablartoa Bld 109 Third lartom BtiMta, FortUad, Or.f on. Mtti, rortUad, Ortfon. Pacific Coast Head Office, Hayward Building, Corner Montgomery and California Streets, San Francisco, California, FREDERICK F. TAYLOR, Manager. JAS. H. McCOURT, Asst. Supt. 104 Court StrMt, talraif OryoA. MiuniinnumniH OFFICERS t John R. Hegeman, truidnt George H. Gaston, v Stetni Vja Prtu Frank O.Ayres, P nrth Vk4-Pnu James S. Roberta, ; Sterrfry, J. J. Thompson, Cukitr m4 A$$t. St. Stewart L. Voodford," tommM. Haley Fiske, VUt-PrttiiMt, George B. Woodward, ' . ' Third VkPr James M. Craig, Actuary. John R. Hegeman, Jr., Attiitaitt St. T. R. Richardson, Atuttmt St. Thomas H. Villard, M.D., Augustus S. Knight, M.D., XT. S. Manners, M.D., ,E.M.Holden, M.D., AntMidlealDlricttr. !. J. Cahen, Mmtftr Ortlnmrt DtfrtmmU John R. Hegeman, Thomas L. James, Edward C. Wallace, Haley Flske,; Stewart L. Woodford, Frank H. Major, James M. Craig, Samuel S. Beard, DIRECTORS i : Silas B. Dutcher, John M. Crane, . Joseph P. Knapp, y George H. Castori,' Benjamin DeF. Curtlss' John A. McCall, George B. Woodward, John R. Hegeman, Jr., Thomas G. Ritch. iwiMVHuniHWiinMiMiaii FIND WEALTH COLUMBIA'S ON BANKS Diamond Brick Company Discovers That It Possesses the Best Tile Clay in the West and Installs a $75,000 Plant for Business A aewer pipe, terra cotta and brick manufacturing plant to cost 176,000 -U beln Installed 4 mtlen east of Van ' couver, Wash., on the Columbia river. The Diamond Brlrk company la the ityle by which the new enterprise la known. It la a corporation, of which George W. and William Bates, the Alblna bankers, are the principal stockholders. George - W. Ba t ea - sa fd -today : "We have been making brick at our plant for some time. We furnlahed the vitrified brick for the Welnhard building on Oak Kijeet, and will supply that!: for -the ad--dltlon to the Postonlce building. "We have a bank of clay 80 feet deep. Tears will be required to work It out. We found that our clay was unsurpasped for making sewer pipe and drain tile, and we 'have placed" orders 1n the east for machinery, which is to be delivered April 15. We will have our plan run ning June 1 next, and we will turn out all the terra cotta, sewer and drain pipe that the market withstand.' "We will also make vitrified face and bard common brick. We have recently add ed largely to our holdings of real eiw tate at our plant, and when it is fin ished it will be complete in every de tail. i "C. W. Mugglnn. formerly of the West ern Clay company, and more recently with the Little Falls Hre Clay company ,of Washington, will be our general su perintendent and will have full charge ,of the work. We will manufacture all kinds of sewer and drain pipe from 24 to 3 inches in diameter. There la a large field for the sale- of our product. It Includes all of Oregon, Washington and Idaho. ; "We will employ from 40 to 50 men when we get our. ': tile? machinery 1 in stalled. There are several cottages 'on our place, and we will at once, begin the erection of more..' We- Intend to have tliem for the use of our employes, as we want- only steady, -and lndaetrlous men who will 'Stay with us, and we ' will make the place as comfortable aa we can Jn order to secure this end. We will also have a school for the children of our workmen. Our plant will use oil for fuel in burning the pipe and brick and in making steam for power. We will erect a 8.0P0-gallon oil tank for storage purpose near the river, which can be filled by pumping from tank bargee that we will have towed from Portland to our works. ; "Our plant being wttnln 1,000 feet fif the river. , our product- will be run . In -car a in Iward row direct from our plant. We already own.- seew with a capacity f J50 tons, and ..we will add others as may be found necessary to handle our goods. These scows cart be towed from the dock at our plant around to our Portland dock at the foot of Ankeny street or to the railroad docks at very small expense, enabling us to aetiver pipe, tile and brick at a mini mum expense. Timber for the new plant :s on tna ground and excavating for the buildings is In progress. The plant was formerly owned by the Jensen Brick company for the manufacture of brick. We acquired It about two years ago and continued making brick. Recently we learned that our clay was suitable for sewer plpo, and we have had thor ough and complete tests made to sat isfy ourselves, from which we have found that our clay Is unsurpassed by any known deposit for this purpose, and we have' determined to engage exten sively in this branch of the Industry. Eventually we may' quit making brick and run entirely on sewer pipe and drain tile. . When our plant is tn running order it will be the most modern and thoroughly equipped one in the coun WILL BOOM CITY ' IN EASTERN PAPERS At the meeting of, the trustees, of the Chamber of commerce this morning advertising propositions - were accepted from the Minneapolis Journal and the Des Moines State Capital. The stand taken by the" New York board of trade and. transportation In commending, the bill in bongrese for the appointment of a commission to' consider and report on ?lan to extend the American merchant marine was indorsed. The trans-continental railroads were asked to make a rote of 40 cents for 100 pounds on lum ber to Missouri river common points. A resolution was adopted asking all transportation companies entering this state to sell tickets with stop-over privileges at all stations good for all visitors to the Lewis and Clark fair. It was determined to change the sice of the Chamber of Commerce Bulletin and it will hereafter appear in magaslne form. .... ,j, ,t The Tannhauiver Hat company was elected a member of the chamber. George Brown of the Haielwood Cream company was elected a member of the auditing committee, vloe K. -Burr, Ben Albers was pla,ced'6n th transportation committee. i ntasiiiawimimiuriBDrnmimiHii niumintitBnuitiii THORNY PATH FOR SHERIFF STOREY TKOUOX WEU SQVZPPSD WXTK roirrxoAXi vatbohaob, btiz.i, THESE ABB OTSBB KXTCBEU ASPIBAKTB SIMOH rACTXQV EX PECTS) TO BLOCK STOBET. The opinion Is expressed in some quarters that John Drtscoll will be the Republican nominee for sheriff. In case the Simon faction Is victorious at the primaries. Driscoll would undoubtedly be a strong nominee and his popularity was evinced in the laat campaign when he ran for sheriff as an independent and all but defeated Storey, who was on the regular ticket. He has a considerable personal following and is known to be regarded very favorably by some of the Simon leaders. Driscoll Is a member of the Port of Portland commission. In the past he hss been a Democrat, but his political convictions are said to have undergone a change Senator Simon and Judge Carey are pursuing the same policy in positively declaring that they are making no prom ises of nominations to any candidate. Any : other course would obviously be disastrous in its consequences, and it is therefore Improbable that Driscoll has been given any positive assurance of a place on the ticket. But he Is picked as a winner in the event of a Simon vic tory at the primaries, by some who pro fess to have the situation diagnosed. On the other hand George McMillan Is a strong candidate for the nomination at the hands of the Simon faction, and be has the enthusiastic backing of many of the ; younger Republicans, among whom he is very popular, Early in the campaign Simon expressed himself as in favor of 'young men fur delegates to the convention and young men for nom inees,", and McMillan's friends aay that if this declaration is to prevail, their candidate plainly the man for the place. ,. , ,,' There are a number of other can didates for the shrievalty, nomintlon amOng Simon Republicans and some of them are making-an active ' campatga Driscoll and 'McMillan ,' are, however, thus far the most prominent ' There is a legion of aspirants for office -among the Mitchell followers. Sheriff Storey Is advertising his candi dacy more loudly than any of his com petitors, but with doubtful success. The Mitchell leaders do not want him, fear ing that If nominated he will be de feated, but Storey propose, if necessary, to force them to terms. His conduct of the sheriffs office has not commended "him to the better element of voters, and the recent discovery of the fraudulent registration of prisoners In the county jail has excited much criticism. But Storey has placed at the disposal of the Mitchell machine all the patronage of his office, a very -material contribution of th sinews of war, and everyone of the recent appointees In the tax depart ment, has been placed there by Judge Carey. . ,. - ,., Storey, of course 'txpects the support of the machine in return, and he is (ur ther strengthening his fences by Secur ing pledges among Mitchell Republicans who he thinks will be apt to go tot-the county convention. But" these tactics are not likely to prove availing in the face of the general feeling among the Mitchell leaders that the renomlnation of Storey would be accepted as an utter surrender of their alleged campaign for reform In the county government. . Among the other Mitchell candidates, Major McDonell, the present assessor, Is apparently In the lead and he has strong backing from the Oregon volun teers In the Spanish war. His personal popularity and his good record In the of fice which he now holds are also fac tors in his favor. C. R. Straus, cashier of the Portland postofflce, has announced himself a can didate for county assessor. He is allied with the Mitchell wing of the Repub lican party, and enters the -fight with some influential support. . Straus has held his responsible position In the post- office through the administrations of two postmasters, and has not been in volved In any of the troubles of the present administration. He has that valuable asset to a political candidate, a large circle of personal friends, and his experience in the postofflce Is one of the arguments advanced in his behalf. NEW INCUMBENT FOR ITALIAN CONSULATE Before very long there will be a new consul at San Francisco to represent the Italian government Word has been sent from the Italian consulate )n New York to the effect that Count Rosva dowskl had been appointed to the posi tion which Chevalier Carlo Soi'ra held for seven years. Count Rosvadowskl has been the Ital ian consul at Chicago for some time. In order to fill the office an Italian must be a consul-general, as the territory under his Jurisdiction Includes the entire coast and , extends to the Rocky mountains. Count Rosvadowskl has been promoted to this rank in the diplomatic service, so that be may be qualified, fox the posi tion. Chevalier Carlo Serra.'who was the consul-general of thla section, went home on a leave of absence last summer in the hope of Inducing the authorities- at Rome to give him another place. He asked to be transferred to one of the continental cities. . At first his request wan denied, but later It was reconsidered in his favor. NEW DISTRICT FOR SUBURBAN PUPILS The unusual growth of population .be tween Woodstock and Lents has caused the citizens to utjvocae a new school district taking In a portion of both the Woodstock and Lents boundaries. The problem has been brought to the atten tion of County School Superintendent Robinson, but he has deferred action until after the school census is com pleted this week. An alternative propo sition fit erecting a four-room addition to the Lents school and .transporting the children there to a common center baa alio been discussed, . . '-....,;,.; .-;.-vciM;vv,;:::i T A' :. v.- FLAIIGAN'S FEATS SURPRISE POLICE XX8 SPECXAXiTT IS BEIOETIHO OAMBunra houses op ubpitts wnrarvaa by uttebiho tobobb OXBOBB SJECT7BES S1.5O0 XH roBTKAirs. Since leaving Portland with about $1,500 belonging to the Portland club Larry Flannlgan has been cutting a wide swath In the criminal field. Hie latest feat was mulcting a gambling club at Hot Springs, Ark., for 110.000. He headed for San Francisco after 'getting the money and for several reasons the police are convinced that he is either in Portland or Seattle at the present time. Though only 25 years of age, Larry E. Flannlgan has caused the police of seven or eight cities a good deal of trouble. Moreover, he has never yet been behind the bars. He Is described as being about 5 feet 10 inches tall, of medium build, with wavy blonde hair and a pink and white complexion. He blushes easily and during conversation would impress the ordinary person as being a rather good-looking young fel low of bashful tendency. He has gone under the aliases of Miller and Xrnold. In working his graft Flannlgan utters forged checks, generally using New York exchange. Usually he handles checks of the Bank of Rural Hill, lo cated at Rural Hill, Ills., drawing on the Hanover National bank of the east ern metropolis. Chief of Police Teague, of Hot Springs, in a communication to Chief of- Police Hunt, explains that the latter system was used in bunkoing the gaming fraternity of Arkansas. There he signed the name of D. E. Craig. It was in last November that Flannlgan reaped a harvest in Portland. He ap peared to have plenty of money when he came here and within & few days be came quite a figure at the Portland club. He alternately won and lost, until finally he lost about 1300. Professing to be short Of ready cash, he uttered checks on an eastern bank for $1,500, cashed them and the. same night disappeared. Clack. From Cincinnati Commercial Tribune. "But what real advantages does the successful literary man have over the average prosperous tradesman?" "Why, every advantage in the world. When he's pig headed people call him strong minded, and when he's cranky they say he's" merely eccentric." - : "-" ' ..,. ...... r j i i i t " ' rl V' . , ' Hi - " f 'II The above cut represents our Portable Cabinet Oven; each oven sepa rate from the other; one can be opened without interfering with the other. The best oven ever Invented for quick, convenient .work. Can roast meat and bake bread-and pies all at the same time. Being port able, can be used by railroad and logging camps as well as restaurants, with much lea expense than putting up a brick oven. ' We are sole agents. Write for prices. LOEWENBERG & GOING CO. SECOVXt ABB TATXOB BTBBBTS. POBTXiAHD, OBBOOBV CASTOR I A For Infant! and Children, - Tliti Rind You Havs Always Bought Bears the Warnature of Gum AUCTION 2L JAPANESE AND CHINESE CURIOS On acoount of our present lease expiring soon and having a very large stock on hand, comprising fine PORCELAIN, CLOI8SONNE, iSATSUMA, BRONZE, IVORY CARVINGS AND EMBROIDERIES, SCREENS, MATTINGS, RUGS, TOYS. ETC., must olose out St aue- -ttlon... .-. 4-, ' BVaUO COBDXAX.X.T XBVXTED TO ATTEBD TB3I SAX.B AT S (30 AID 730 . M. 9AXZ.T. ANDREW KAN & CO. SSSSST ThV OREGON DAILY JOURNAL A NEWSPAPER POP. ALL THE PEOPLE