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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (March 31, 1923)
THiRD: SECTION I J" 5f Hx !- 'h-i i -V ' fCi? ft rt- f ; . . . nMaaaaSMainaMMaWSMWSMSMBKMIllmr!!! " . V - 7 1 MPMMMBBHBMMMMWMHMMWMMMHaMMMMMHaMMMMMMMMl SSVENTY-iSECONt) YEAR h ' H , , . . . 1 ,.; . ' ' ' '' i " S -y ---------- u s . --. - ...... , , .. salem, Oregon march 1923 -- 1 .. -; v ' ; price: ten cents t' X ) t 1 . r I 1 1 i r -1 Y I m i i K k s 1 r.-'"l l.i... 1 Plant of Oresoa Palp & . Paper company at Salem, with new wing just finished at the reader's left. The pulp mill. In the rear, to not Included In this -view. . j ' r ; - - a Thomas Kajr -Woolen IHl8, where the fleeces of, Marlon and Polk county sheep find their way Into garment of the choicest quality. 1 vftss&fe mmti&i: 1"; T'.-Pi r is,1 i i : fr- .. -1 . '--I - , :..rri..juL-- 3 AJLJhM -H Has More Jfcney in Banks Than Ever Before in Her History Residents Buy Own City's Bonds, in Red-hot Competi tion with Outside Bidders--Money Becoming Active and Steady Business Growth Seen by Keen Financial Observers v , There 1 more money on deposit la the Salem banks at the present time than erer before in the hla tory of the community. 5 ( ; .This indicates either prosperity or distrust, aa one may riew the moTements of money. Prosper! ty, because the money is here. and it is here In hard, cold cash; distrust, in that -It la in the bank instead of being out on the Job, In factories, farms, industries. : In general, howerer. . the com munity is exceptionally prosper ous, as considered along with oth er . states, other localities ,. In the ame - state. The schools hare ' been maintained - at a lower perj . capita boad cost than in any other first .class i district In the state. That leayes more money In the hands of the people. The federal , Income tax roll last year shows .1200 persons" in Salem who pay an - Income tax; how much Is known only to the tax gatherers; but they pay, akcordlngx ta' the list posted up in .the Salem post office. For that many to hare a tax-paying income. In a community of Sa lem's size Is self erident pros- It (s understood from the Sa lem banks tbatwhile some feder al bonds' are being onTerted into cash, the general trend is to in crease rather than ; decrease the. holdings of gilt-edge,4 low-interest and generally tax-free securities. Approximately a million dollars' worth of war stamps had been sold In Salem and .Ticinlty during the war. These matured the first of January of this year, and the re demption percentag e record through the Salem oD'Ice is one i.igsgi iix tuuuwi cask i or, west: it is fullT double that of many other . r communities and tat ea. Some of this" federal pay suent went back into the new short time federal bonds, that sell in tanHs of $25, $100 and $1.00. But most of thii' money went in to circulation, or into other bonds not directly identified. - The building situation in Salem na : been fostered greatly during . the past few months by the state bonus law that - turned , loose a huge sum for soldier home builds lag. Because tho loans, are. being made so rapidly. " there may not be so many of them in the months to come, and this line of resources will not be as prominent as it has been for the past .year... -7 , i Salem Canlc Deposits Tluge . The heaVy Salem bank deposits the Ladd & Bush bank, for In- i 1 AS HEALTHY ACTIVITY million I dollars mere . than it had a year ago, m spite of the general ly, unprofitable , farming season indicate a disinclination to invest in permanent, big business. The money is held subject to call; but the owners are cautious, and the right investment has not yet come before them. , The dollars are per haps eren-more than .cautious; they act timidly, or eren coward ly, and until , they gain courage, there may continue to be heavy deposits- and low interests and no great building or Industrial prog ress. ' - . ; r Conditions are stabilizing, how ever, so that the coming season is expected to show a decided gain In business investment. A num ber of big business building in vestments are In sight for the year; some'; are already in prog ress, like the A. H. Moore apart ments and store building, the Steeves-Moore-McCornack block remodeling, the remodeling' of the Derby office building, the Traglio warehouse, and others that are promised for this season. The business portion of Salem is de cidedly "overcrowded; . these ' of fice and store expansions are nec essary to accommodate the busi ness heeds 1 of ,the . city. A pro gram of business building is def initely assured. . V. at :is. believed, that the home building boom, while not closed, is destined to travel more moder ately during the year to come. The city is not at all over-built, but the keen edge ot home tiunger has been blunted, and there are al most enough homes to meet the present demand. While many new residences are already, as- - ared, yet the : number . Is quite certain to fall well below that of 1922. : r;;;ii;,;i;VC.;i t Home Folk Buy Salens Bonds One ; pleasing ; indication of the local financial condition, was the sale of $150,000 municipal bonds to a local Ibank in competition with bond buyers from a number 6? the.i biggest houses outside, u the iway from Portland to New York." The local bank had local customers who wanted to Invest In - home -' securities, which were known Jo be gilUedged ; Salem in vestors' were able and willing to outbid the bravest outside buyers. The Willamette alley may be in a state that sells its bigstate is sue outside; but its' local" issues are snapped, up quickly, enough, by home 1 folka -whor- best know their values. 4 No finer tribute f than that Its'" own people buy .its bonds at the highest competitive price. ; . Cannery Extensions Coming , r Plans for the extension of. prac tically , every -cannery in the city, this year, indicate the trend of Salem industry.' More and . more this is ' becoming ah . industrial city; the old days of. clerical de pendence on the state capital and its institutions are utterly gone. The labor payrolls dwarf into sig nificance the . whole official sal ary roll, however ; big the inM politicians may.-make It , or -the "out" politicians may claim . it to be. ., The canneries employed close to 2000 people at one time, in the peak of last season; and fully 1000, and i perhaps f even, more, were at the same time working in the orchards and fields, .growing or gathering the fruit, handled in Salem. . While a much-j of this, is seasonal work, .ithe. aggregate wages runs .into a vast sum that insures prosperity' to thousands of homes. Longer Canning Season " The development of the dehy dration process, and the small un it, packing of prunes and ) dried berries . and cherries mean a far longer fruit season than, was pos sible in the straight canneries. This development is a certainty, and some of it will "tome this year. . The ... prediction . has .been made that within 10 years fully 90 per cent ot all tha prunes sold from the Pacific coast f will ; be packed in cartons. . As the Ore gon Growers alone handled' more than 20,000,000 pounds of 'prunes this year, and only ; about .5 per cent of these went -Into cartons, from the Forest Grove plant. lit mav .be seen -r what , an .Immense field the carton-fruit- industry of fers:: Some of this 1 field will be covered by the plant extensions this year; .and the wage increase wfllfbe a gteat factor in community-prosperity. , . v '-r- J In general, lntefest rates are bound to riser with the i resump tion of normal business activity that' calls for permanent invest ments. S Only the gilt-edged, easi ly negotiable securities, 'such as federal, state and municipal bonds, are readily marketable at the present tinted It " is ; not. the most healthful business condition; for thrift is not necessarily "say ing" money and refusing to let it do V its .proper . task . of . buildln g up a community. It is like a football ziz? i jEimw . es ?" yJROUP- of Payroll Institutions of the. Greater Salem District, representative of its diver sified industries; which turn into the finish ed products the output of Mariorvand Polk coun- ty farm, ranch arid forest. ' - The Greater Salem District's lumber, paper, woolen, meat packing and flour manufacturing plants play , a tremendous part in assuring its continual prosperity. j v - --- - , . - i .V SX; - -v.. ; ;rt'Ji' . r cr ... i: . . i; " ' - b j f - : . - r -r' ' ' -. ' 1 3 Val Iry Packing Company plant, home-of tho famous Cascade i Krand of Hams, Ytaconaiid IjarcU This Institution Is a boon to the Mwknien and farmejrs of. the (Jreater Halem Itstrirttifl that it affords a market for" their produce, thereby eliminating the waste and incou venlence. Incident to long distance slapping. The hjgh quality of this' plants output insures a ready sale, the firm's problem being not one of selling Its goods but of buying 'enough animals jto supply the ', demand.' - . .V ;f - ,.: -;...:. 1 - if .:v:: ' the little fellows' of. the' team , are getting battered and beaten in an unequal - struggle with .a heavier team, when he could turn the tide ot battle ; it is ; like a powerful swimmer-sitting on the bank and watching a cripple try to save a drowning , child. ; This sort of thrift saves - only j itself Hit does not build a community. :. : ..'. ' -' Fortunately ; for Salem, " .this thrifty conservatism is passing.' In dustrial progress is in sight for the coming year;-no plunging, not (Continued on Page- 6) " CHAMBER WORKS By J. C. PERRY, President " ! ..-;-! ' t-'''.' i I ;"" ' :' -. '--.-.. ' - Many things fir a 'greater Salem have been accomplished this past year, through the efforts of the Chamber of Com .. merce, which has been headquarters for meetings of. civic bodies almost every day and evening of the year. p ; One movement which was inaugurated by the Chamber of Commerce and which will be of great value to the city. is the opening of j Capitol strjeet north, -leading-: to the fairgrounds road and opening up a valuable addition for homes. in the city, to be known as the Highway addition. Through'the efforts of a committee appointed to look into the situation, the street i i3 now opened and will be paved this coming spring. A committee has been appointed to formulate plans for a city beautiful. This, committee will confer with reliable land scape artists, and during the year a scheme of planting will be suggested by which the streets and public highways of the y city will present a. general uniform appearance In" shrubbery ' and flowers. "Vi . . r l,-:..:: ' The Chamber of Commerce was a potent influence la bring ing to pass Salem's recent authorisation of .the $500,000 bond issue for the betterment of the present crowded condition in the public schools by the erection of hew buildings; At the inception of the.. movement jthe Chamber appointed a commit-": tee" consisting of Elmo S: Whie, chairman. Col. E. ,Hofer and f William E.: Wilson, to conferwith the school board ahd to champion te .bond issue following the -action of-the, board-in calling the electloh.' If is very gratifying to know that Salem sanctioned the issue by a large majority and that she thereby has availed, herself 'of the opportunity to keep her school- sys ' tern abreast of the demands ot her rapidly Increasing popula ; tionA '".v .'.'".'' '.- l:-yr: :'r-::--: ' -; The Chamber of Commerce is lending its" Influence towards efforts to be made by the Marion county community federation by which every" commuctty in' the county may be represented . when action need be taken that Marion county act as a unit. ,The traffic department of the Chamber of Commerce has ! quietly been doing great work tn its endeavors to secure lower ' ? freight rates tor; Salem-that It; Is hoped will eventually place r our rate for distant shipments on a par with Portland and'other'- sea-port cities. This : is especially' important since Salem is l becoming the cahnlngl center :of the northwest' - ' - Through efforts of members of the' Chamber ot Commerce : efforts are to be made to create throughout this Willamette ! district a more friendly feeling -towards Salem. ' To call especial attention to. Salem as an educational, center I and a beautiful city, of homes, the Chamber ot Commerce will ' issue this yeaj a sew booklet, stating in addition to Its beauties as a home city, its great industrial advantages as the canning' od 'fruit Center orth northwest, - -- - - i ; 1 1) i v j MARION Second Only to Multnomah in Scope, and Volume of Manufacturing Timber, Paper, Woolen Goods, .Canned Frr-ts ? arid Vegetables, Flour and Cereals, Foundry Products, Building Materials Are Listed Among Chief Articles Prod uce d ; With widely diversified Indus - tries, whose payrolls aggregate more thin $10,000,000 annually, tha mannfaCtarin interests onagricuuurai pursuns anu uwi Marlon county are taking on an Importance that Is attracting wide-spread attention.- - During thf past decade, the county has ceased to be known enurely aa an agricultural community al though farming, horticulture, dairying' , and poultry : farming still maintain a position of lead ershipand is rapidly taking on an- industrial development. The FOR BIGGER SALEM I .2 s f f., 1 I ... t 'r r J .:-:v:;:::f'-v:-:s;;::. -.1- S ECOND IN PAY ; larger cities and towns-are fast annexing payrolls that go far . m supplemedtfng the incomes from give employment to thousands of people In the aggregate. . ' V Salem, , for instance, - with a multiplicity of manufacturing plants and with " an annual pay roll of . approximately eight and one-half millions of .dollars,' is; a noteworthy example. - Sdverton, the site of the two largest lum ber mills of the Willamette val ley, one ' of which is among the three or four-leaders of the en tire Paeiflc Northwest, Is a won derful payroll city. In fact, the two, for : their respective sizes. are attracting " attention as the two 1 communities of the' Pacific coast that stand out predominate ly? as manufacturing centers. And there is hardly a town or com munity within, the county .which does not : boast of at least one, and in many cases of several1, manufacturing plants, i It is doubtful ; : whether" the most enthusiastic Marion county booster .of a dozen years ago would . have believed the indus trial development that has come about in the past decade, or; a lit tle more possible.' If some proph et had told, him in 1909. that by 1919 the county would be manu facturing articles to the value of $10,000,000 annually and that by the year 1922 the value of this output would approximate the $20,000,000. mark, he would no doubt,' have considered, his infor mant a visionary. , And yet such has been the record. ' The open ing up of the timber Industry and the. development of agricultural and horticultural pursuits, which has taken place largely within the seven years, are the two caus er or this industrial a wagemng. In 1909, according to the Unit ed States census, the value of all products manufactured in Marion county. was $2,208,031. In 19li it' had mounted : slowly to $2, 845.844. But in the next five the value more than, trebled, the gov, ernment's tfigures for 1919 being $9,435,070, It: was during this period; that the horticultural de velopment gained headway, bring ing the large cannery industries here; and outside capital, looking to the virgin forests, "erected large sawmills n the county. . r But tremendous as this devel opment .was,ilt doesnot match the more recent record which has been written since the . war. ' The iaisfJillipi2aiEBial&.. - -J 4 The Chan. K-. Spaulding Jigging Company , plant at Salem, one of the Important: factors In the Marion and Polk county lumber In dustry. -The company operate another mill at Newberg. 5 Cherry City Jlilling company's flour milL where the famous Cherro Hour is made, and sold to both domestic and export trado. -a Paper . company to Salem, the building of more canneries and the enlargement of ; the early plants so quickened the industrial pulse of the county that in 192,1 the . payroll - of 'r. the county was almost as much in dollars and cents as was the manufactured products value in 1919. Surveys made in " September, 1921, brought out the . fact ,, that the annual payroll jh Salem alone was $7,000,000. Estimates since that time are to the effect that this has been increased about 20 per cent. Marlon '" county ranks second, today, in the list of Oregon counties, in ' the value of -manufactured articles, being exceeded only by Multnomah county. Be cause of its larger size and Its strategic location on main rail road lines and on the Willamette river, Salem has the larger divers ity of , Interests, although it has no single concern of the size of the Silver Falls Timber company of Silrerton. Her lndistrials are. ac varied as the raw materials that are produced within her .area. A sawmill and paper mill, both large concerns, utilize the fir and spruce of the Cascade and Coast Range watersheds to tha east and west by making them Into finish ed lumber and paper. Canneries, one oX them the largest of its kind in the world, and: many of them units of concerns having a national and even - international distribution, process the fruits and vegetables for the consumer's use. Flour mills and commercial bak eries grind into flour and con vert into bread the grain products ot the " valley's ' farms; a woolen mill manufactures Into cloth its raw wool, while a large packing plant gives a ready market to the growers of livestock -of all kinds. Creameries, and cheese factories convert into butter and - cheese the products ot the many ? fine dairy herds which have brought fame to the county. Eleven "flour ; mills " are busily engaged the year through in Mar Ion county, two of them, the larg est in point " of output; manufac ture , for .domestic consumption ndt for ; the '.export trade, the; Fisher Flour, mill at Silverton and the Cherry City Milling com pany at Salem.'' .. Silverton has. a cecond mll. Stay ton hat Jvo, Turner , two and . Monitor, Wood- burn. Jtifferson and "Sidney; have one each. The capacities ot these mills range from 50 barrels dally ROLLC : -Four .large sawmills, besides a score of smaller, ones, give occu pation to thousands ot "work tie a and distribute -several millions cf dollars annually. Of these- Sil verton has two, the Silver Falls Timber company and the SUverton. Lumber- company; Salem has one, the Chas. K. Spaulding Less!.'-:: company and Stayton one, tta Brown & Pettel Lumber -company. - ; - , - : ' The Thomas Kay Woolen i Mills at Salem and the Santlam Woolen Mills company at Stayton are im portant , units in the county's in dustrials.. The former employs several hundred hands and has a tig output every year, while the latter, employing about 60 mea and women, works the year round supplying a few of. the large dis tributing drygoods houses of the nation with woolen blankets. Of such a high grade are the pro ducts of these two concerns that their output Is always contract ed for, in advance. Salem now has six canneries and this season will have a eev- enth in operation. There are t"o at Woodburn, the Graves Cannls company and the Willamette Can nery,' Inc.; Stayton has one and Silverton one. ' '. Of late years, the manufacture of machinery and of foundry pro ducts has assumed large propor tions. The Salem 4 Iron' Works, besides doing general' iounry work in iron and brass, manu factures centrifugal ' pumps ftr Irrigation," and prune drier stoves -andovens. The Silverton Elow pipe company makes a superior kind of blowpipe for sawmills and manufactures a type of furn ace that is 'meeting with a tre mendous demand. Both of tbe? concerns have tremendoua lay rolls and are large assets to the 'r respective communities. Tfce E Ti verton foundry, besides, doe a big , business in logging icecno tite repairs and la general t'otia- dry" work. , Because of its location on the bank of the Willamette river and of the Impetus given to the ooi roads movement .during ".the res ent past, there has grown up In Salem , several thriving gravel plants. These take from tha I'M of the river a coarse gravel which is used on, all the primary etats highways and county roads. Th Oregon Gravel company a r, I f Salem . Sand & Gravel cor - -do big volumes of buslnec r ally. ' Marion county, tec, i , v r . -