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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (April 21, 1923)
SATURDAY HTHRNTNG. APRIL 21, 1023 THIS OREGON STATESMAN, SALEM OREGON ! I- Byaopsis of theA-anal Statement of tad ALLIANCE INSURANCE CO. OF PHILADELPHIA 1 ofTP!Uladelpia.P fa the State of Peansyl , on tha thirty-first day of Decem ber, 1922, mad to the Insarance Com aUssianer of tho State tt Oregon, pur- : SUSBt to tawi '.I - I, .i ' ' ' . . .. Capitol .. , . . Amount X of eapital atock ' ' paid up $ 1,000.000.00 '- i '( ;,r! .jf .-.IeM I .:!"; Kst premiuma received dnr- i . ing the; year ! $ 2.445.561.47 Interest, dividends and , . renta received during the : i Tr . , Income from other sources received daring the year 246.908.3G 7,284.59 Total ; income ..-.: 2,699,454.42 -. , - Siabazaamenta Net lessee, paid during the ' . year, ; including adjust- ;. ,j ,1 1 moat 'expenses ..$ 1.233.389.44 Dividend -paid oa eapital i i ! atock- dariar the rears.. ' 150.000.00 Commission .and' notaries f paid .-dariag the rear..-.. 746,162.19 ''Tv Jien-e and h e f , t 'I t i : 1 j id neurit the Tr.X i 90.607.4$ Amnaar of all ether expen- ' i ditnren . 181.140.41 Total j expenditure .. ' Asseta Value of real estate -owned tmark-t value) : Vain of atocka and bond owned markt:valee).. lTiav en .mortgages and collateral, oto. .-.. .. feah, tn banks and ion snd -hremtantg, in eour. of ol lection written nine Sep mbr 30. 1921 Interest sad rente daa?aad accraed jtecorerabie ' 'for ' re-insur- -Synopsis at the Aan&al 8tatenieat of the CONNECTICUT FIRli INSURANCE CO. of Hartford, in the 35tate of Connecticut, on : the thirty-first :' day of December, 1922, ; made to the InsoraneV Commis sioner of the State of Oregon, pursaaat to law: . I - . i . - j . Capital Amount of eapital atock paid up .4... ...j 1.000,000.00 I In came . Set premium received dur ing the year . .. $ 7,073,261.68 Interest, dividends s and ' rente received during the : year 4 554.954.18 Income" 'from other aonrcea received during the year 28.929.03 - n Totl income ...$ . 3 . Disbnraementa Net losses paid daring the year, including aadjost- ment expenses i. ... $ Dividend paid on capital stock during the year.... Commissions t and 1 salaries paid daring the year..-.. Taxes, lieenaea and fees r 1 paid during the year. Amonnt of all other expea- ditnrea .-...-.... v 7.657.142.89 3.798.397.06 8 50.000.00 2,371.660.68 218.781.24 473.416.06 7.022,255.04 Kone 404.200.00 706.86ff.05 Synopsis of the'Annuar Statement of the SEA INSURANCE CO., Ltd. of Liverpool, in the Kingdom of Edglsad, on tae ' thirty-Ijrs oay 01 Lwremnr, 1922. made - to the Insurance Commis sioner of tne state ot uregon, panaui to law: x ' : Capital ' , ' Amount of capital atock ' Nv paid up ... - - 200.000.00 : ' Income 1 : Net premiums received dur ing Ke year V. 1.043.709,01 Interest, dividends and rents received daring the year . .. . 121.788.72 Income from other sources received during the? year 589,676.66 Total ' aneav n -Mid 1ossm Other asset . Total i admfUed eeta... Uabmtiea Grna elalma for losses an paid u., j :.. Amonnt of unearned pr miums on all t outstand- ! Ingns'ts 1 .. Iua , for com mission ; and nrakerara , 1- - All other Habilitiee $ 2.381.899.52 I To til expenditures 1. : ' Aseeta Vklna fit m.1 tat: owned Kooet market value) V&ln ikl storks andi bonds ;732073.00 I owned (market value) 11,168.275.00 i . ; .-1 Loans - on mortgage and wone I eollateraL te. ...i-.J. 737,870.94 I Cash id banks and om hand Preminaa In eocrae 4f col- 1..,! w;m. Cn. 31 4.1 80.51 1 tember SO. 1921 TnUt anil mnta nae and 57.524.961 accrued U,: J42.797.76 Amonnt recoverable for re- A.t14L9A I inanranc on paid loeae. 2.640.00 I achedule , . I- , 55.740.57 $ 5,844,303,701 Total admitted asets....13,457.694.09 Uaniuuea . Gfoi " rlaimK for losses ID- $ '645.361.091 paid 1. $ 1,045,835.66 Amonnt of unearned ; pre- miums on . all - outstand- I,9ff4.0l6.79 I ing risks : Due tor i eommisaion ". ana IT AAA OA I hnV,ri ...J... . 'A lit T9i M I 111 lh liabilitia' income .... .$ Disbuxsenienta Set i losses paid during the year, including adjust ment expenses 4 $ Dividend paid - on capital atock dariag the rear Commissions and salaries paid during the year : Taxes, licenses and i fees : paid during the - year ; Amsnat of all other expen ditures . . i - . - - Total expenditures $ -Assets Value of real estate owned (market value) ... , Value of stocks- and bonds , owned (market value )..$ Loans on 'mortgage and. collateral, etc. Cash in banks and on- hand Premiums in course -of col lection writter since Sep tember 30. 1921 Losses due from , re-insur- ina eomDames 979.814.71 Interest and rent due and iccrsea 1.760.174.39 532.079.53 Xil 306.243.63 33.621.37 1,521.287.15 avnantis f the Annaat Statement of the TRAVELERS INDEMNITY .COMPANY of ! Hartford, in the State of ConnecUeut, on the tnirty-fimt i-ay of December.- I91i. made to- the 1 Insurance Commissonerof the tte of Oregon, pursuant, to law : j Capital Amp.idntup' .i 1.500.000.00 i . -j Zneome Set premium; received dur-. ing the rVr : --8.534.343.47 Interna,, dividends and Irents received during tne i jyoor -J.T-- Income from other sourcea received during the year EAT MORE LAmB 376060.28 43.862.58 2.393,231.58 Xil S,435.9C0.00 - ' -Nil 92.216.83 1 170.171.29 153.933.29 37,785,71 Total expenditure .. Assets Yalne of real estate owned market vaiue;- . j. Value of stocks and bonds owned f (market value)$. 7,598,687.00 Loans 1 on mortgagee anl p i collateral, etc . t?ash in banks and on hand Premiums in course of col- j - lection written mnee bep I tember 30, 1922 .-... Interest and rente due and , secrued 6.730.229.78 ! 25,000.00 275.0OO.00 Total' admitted asset- f 2,890,067.12 , Liabilities 1 Gross claims for losses nn- paid .-. S 1.080.315.00 Amount of 'unearned pre miums on-all outstanding risks i.. . 242.129.43 Duo fori - commission , and - brokerage . 20.000.00 All other -liabilities 154.511.80 Total Habiliti, exelus ' lv of eanital . atock of J $1 0OO.000.no ....ii.;......$ S.74 162.48 , - -Sastnems In , Oreon or the Tear i I .Ttet. premium received dar- . i ing the year -1.;... 15.3.f -onset, pail dnrlnrtke yenr, i 10,101.97 1 ioKsea incnrrea . during tn ; m ' Tear ..;u...',.. . . ' " 10. woo 97 . . OF PHlUIW.PmA . s , Heiijaroin Rnh. TreHent. ' ; John Kramer. - Secretary. i i otamrary resident:!. attorney for . service! waii- c. jjiise. ...', y . W. A.--Litton." focal Arent ' . - ; 484 Court-St.. Salem. Ore. Total liabilities, exclus ive of capital stock of ' f 1.000,000.00 . ....s. ....$ 8.07.065t44 Bnaesa in:-Oregon for the Tear Ket premiums received: dnr- ing the year: $ 73.117.09 Loeae paid during the year 86,893.82 Losses -incurred, during, the . year - - i- 89.927.26 TUB CONNECTICUT i FIRR ISSUR- , -ANCK COMPANY ' Edward Millian, President. John A. Cosmus, " Setretary and Vice President. Statutory resident attorney for , service: , Jas. S. Retd, Sherlock Bldg.. Port : land. Ore. - ; ' 1 1 1,406,956.23 the .Tear 882.95 162.31 162.31 Total income -L. 8.954.268.33 Diaburaement Set losses paid during the year, including adiust-$- ment espeaaea 1 3.JoOl,UJf,''' Dividends pa'd on eapital - . stock daring the year. .. 150i000.00 CoraraisHioos and aalariea- paid during the year 3,a63.366.24 Taxes, licenses and fees. -. - . naid during the year . .. 190,888.56 Amount of ail' other, expen- - ditures 4 40X.asa.io .$751,310.55 Kone 809,999.97 689,059.73 1.3 13.5 09.'46 98.950.63 SAYSSECRETARV High Prices . Later oni in Sea : son May be Avoided Of-. ficial Relieves , 1 aav TTRANGISCO. ADril 20. In order to avoid higher prices later in, the season- Westerners are urged by W., P. Wipg, secre tary of the California Wool Grow ers' association, to eatniore lamb. The Southern Pacific j railroad. Wirig says, designated Avrll 9-11 as iamb week in connection with its dining car service, nd hotel proprietors, club managers, res taurant and - cafe inen particu larly those who ! are equipped to buy land store in quantity, are nreed to follow tlie Southern Pa cific's lead. " I "Lamb growers todayj are faced with two difficulties." said Mr. i it-' tni thn lambs. uasturea hare become so1111' although rain at this time may save the grass i the Sacramenja lailey, it will not save the grass In the Bakersfield and .Fre.no sections of the San Joaquin valley wn the resent preciitation will not bring conditions back to normal for the sheep in the Sac ramento and San oaquin vay m I "California is essentially an eg ricultural state, and its prosper ity, in city and country, depends nph vea.r on the success of tne state crops' and livestock pro. ducts. - One of the greatest mauo- triM of the-state is sheep raisifl. There are 2,500,000 sheep In Ca- Ifornia. representing ui wtwi ment of S200,000,40. The lamD crop this year has been estimate at 100 per cent, tne larpeoi. 1" kTT'- " - , i . 'L i .(few j t I . J .- I- . . S v J. 1 . j. , ,,, 7-.iw-.' - ,-' ....... t. . s -i-'-: -r-: ' " ' "snasMWassMsMasMatlWWMW Z t " , axa""1""" e , ?. . :? - t " ! " - 1 i- in Total admitted assets ....$10,010,206.79 LUbUtUea Graas claims for Josse un paid J... 1,146.100.65 Amount of , unearned pre- j minms en au gvuuuuwt i risks Due for, commissioi and i brokerage All other liabilitiea - - 5.547.201.39 812,174.36 329.455.86 Synopsia of, the Aaaaal Statement of the I Synopsis of the Annual Statement of the' CONTINENTAL INS. CO. of Ifew" York, Jn the State of UTew lTork. on-ho thirty-first day of Deoemlier. 1922, made to the Insurance Commissioner, ef the State of Oregon, pnrsnait to law: 58 Capital .r,i .'.r.,'ijv-:Vf Amonnt ; of capital, atock ' I paid' ap ' $10,000,000.00 Vat prenium received dar- r' -ing the year .. ...$18,376,109.08 Iatorest. dividends - and , rants Teceived during the : 1 year ; 2.279.063.17 Income from other, sources ; . . received dariag the. year 4.97$.$95.Sl if-. . Totat ineorna i.S25.63,0a.76 " i XtabarccBis it .... Ket Mase paid' dnrtnr the year, including adjust- - sseat expense Dividend"; paid on capital - atoelci daring the year CommisaioM and snlarie paid daring the year.. ' Taxes. 1 license snd fees - paid daring . tke yesr. Amount ot all other expen- ditmra . -. ..,,, . BIECHANICS INS. CO. of Philadelphia. ' in 4 the State of Penn sylvania, on - the tnsrty-first day of Do comber, 1922. maid i to the Insurance Commissioner of the State of Oregon, jpursasnt to law: i i . uapnat Amonnt of capital stock paid np -u ; $ euu.uwu.uu i . Inooma f Net premium received dnr- inar tne year .--.. .-o Jt,aii.ww.u Interest, dividends and . . j rente received dnnng toe year Income from-other sources received during the year Total . liabilities, exclus ive of eapital atock of $200,000.00 .u . $ Business In Ore eon for i Set predrinms received dur ing the rear ......... t Losses paid during the year' -Liossea inenrred during the - year .". u...ss.r. THE SEA IXSURA-NCE COMPANY. LIMITED ,l : "Clsibb & Son. ) j i United States ManaeeM. Statutory resident attorney for service: Merle s. Campbell. Portland. Synopsis of the Annual Statement of the TRAVELERS INSURANCE COMPANY ! 1 of Hsrtford, in the State of Connecticut, on the thirty-tirst day of December, 1922. made to the Insurance Commissioner : of the State of Oregon, pursuant to law 4 - '- i. Capital I j Amount -of capital ? stock ! paid up.... :. $ 7,500.006.00 Ineomo : ' : :- 'ii -; Total premium inoomo for M tke year . ; $84,168,507.06 Interest, dividends a n.d ; i j i rents received durina- tho : - :t 1 I " year i . , L it nmi tr, Income from- other aonrcea " received during the year 4,201,1$.55 i Total liabilities, exclus ': ive of eapital stock of $1,500,000.00 .. ....$ i Business in Oregon for Ket premimma received dur- ! ing itho year $ Losses paid during the year Losses incurred during the i year . None ! THE TRAVELERS INDEMNITY CO. L. F. Butler.: President. J. H. Cobura, Secretary. " Statntory resident attorney for eerviee Phillip Gros-iniayer. Portland. Ore. 7,334.991.76 the Tear 61.373.71 17.&92.58 149,356.44 . :. - -I 382.168.47 M30.$16.11 2.200, too.od 5.117.747.48 .469,519,40 1.420.598.33 .$19,238,481.32 18gl35.543.Rtf I 160,60411 2.259,3X1.51 Total expend! rare '-r ... - ASSOtS Vsl of real eetata owned (market valn)l $ 970.450.50 Tlau'f. atecka ami boads ' wood (market value) 42,398,915.59 . Loan - mortgagea and - i eollakeral. etc. Lfc il.lT8.49T.il Cash in banks and, on ttsnd .1.952,865.07 IT'raiaws in course of eol- Jeetteia irTrtteu sine Sep- v tember 30, 1921 1.697.618.48 Bill receivable, etc. 353.363.61 Intereaa-aad- rents daennd : accrued . ,-,t , , - 218,485.26 ToUl admitted assets -$49,770,189.53 ... . UsbiUtles . Gross claims for bosses-an- paid j . $ 2.143.570.54 Amount . of unearned pre- - :' . miuaa on all oatstanding risks .,; .. Da ' fr commission snd broVrrste . . . ; , , . All otiaer. liabilities oUl liabilities, exclus. ive of capital atock of flO.OOO.OOOvOO , ..... $22,6.99,.39.78 ' Baainoas In Oregon for tao Tear Ket premiums received dur- ' ' ing the year $ 81,074.53 Loase paid during the year ,. - 7i,t01.20 Lossea. incurred during the year 119.995.94 THI COSTIVENTAL INSURANCE j ; . COMPANY rXomian'T.' Robertson, President, i . 1 - Ernest Starm. -fiecretary. 6 tal a Uwr- resident attorney for -service: Iasunrance1 OommiCaioaer. - Salem; Ore. ' W. A. Liaton, Local Agent, i. ... - ' " - , - 484 Court St. J Syaopsig of ahe Annual Statement of the UNION MARINE . INSCQLtd. of . Liverpool, in .the Kingdom of Eng land, -vn- the' thirty-first day of Decem ber, 1922, aaader to the lasnrance Com ' aaiaaloaer .of -the -State of . Oregon, par- aoaat to law: , -. -. , Capital Amount , of deposit capital Stock paid up $ 200,000.00 : Income -" Kat premium received dar-' ; ing the year ; ,.$ 859.251.81 Intarest,- dividends - and rent received during the ' yesr- . . income from other sources Totat income 1.753.529.00 Disbursements . ,i ' Xet losses psid dnnng the yesr, inclading i iiadjust- snent expenses i..--.,.$ 576.183.85 Dividends . paid on .eapiul . atock (during the year 60.O0O.00 Commissions - and aalariea paid during tae. year., , azz.u iz.is Taxes, license and ' fees paid during the year. , 44.349.69 Amount tof all other, expen- , ditnreS t-4- ! 946,575.26 Total income ....!...: $99,459,587.74 xiisnnraamanta. Paid for losses, endow- . ments.annaitiesand sur render value. . laiuauii tT i Dividends paid to policy- 'it solders during the year 73,827.59 vmuFnai paia on eapitai Stock dunnir the ur o ltit nnn nn . . rf . - -,,-WUU,VV vwunisraii ana salaries Paid, durio? the ar t OAAioia licenses ana lees ; paid daring the year1. 1.822,493.88 aaoMi n in other evpeu- uuures 8,999.712.99 Total expenditures 9 4. 49,120.99 ... . Aaseta i, ' Tarn of real -estato owned (market value! .... .$ 98,000.00 Value of atocka and , bonda ; owned (market value) .. 2".759,S25.S0 Loans on - mortgagaa nd - : collateral., etc. , 52.950.00 Philadelphia Underwriters' Aasociation deposit Caab in bakacaat: on band Premiuma in course of eoi- lection written sinee Sep tember 30, 1921 Bills receivable . Interest and rente cue and accrued .....,..-.'-.. Re-insursnee reeosresablo on ' - paid losses 100.00 271.119.00 i . i- f - :, , i 238.728.72 843.57 ii -- V ..Vrlr-",.' i j" 31,090.33 9.731.20 Total expenditure Value of real estate owned (market value) Market., value, of stocks and 'amortized value of bonds owned .....i. Loens on - mortgagea and collateral, etc. L Premium notes and policy loans . , Cosh , in banks and on hand : Ket - uncollected and de ferred premiums . Interest-and rents dae and - accrued , i Other asset (net) $71,410,974.79 8.490,i 19.56 Synopsis of the Annnal Statement of the 1 INDIANA I LUMBERMENS MUTUAL INSURANCE CO. of Indianapolis, in the State of Indiana, on the- tmrty-f irst day or December. iazx. mad a to the insurance " Commissioner of the State of Oregon, pursuant to law: , -.. - Capital , Amount of eaintal atock paid up Mutual Zncomo Net oreminma received dur-. ma- tne year ... 39.io.76 Interest, dividends a n d rents received durine the year i 79.123.67 Income from other sources received during the year 549.09 ToUl inedme U $.1,018,862.52 Disbursements Ket losses paid during the vear. incladinr adjust- ment expenses . $ 314,250.71 Dividend, paid j to 'policy holders daring the year 894.228.89 Commissions and aalariea paid dariag the year., 126,242.98 Taxes, license ; and - fees -paid during the i year . 22.500.97 Amount of all other expen- ditures . SO.STS.flT Mora : . ' i . ij A. steady ana ncrraai ucux for lamb will insure -a. steaay mar ket. If the lambs are tnrown ou the market with rfo buyers there will be a heavy drop in prices. but the 'shortage o,f lambs later In tho season will automatically force prices to a high level. Torofnro w are mntinjr peopie r.f tha '.west to . eat more lamo now." Wine. "First, they are unable to move many of their lambs east pete with the winter fed lambs Be-Kina-lO-AnlmaiS WCBrV at the' centralized markets. This is because of the bad mountain weather and a seven to eight- pound shrinkage in transit. "Second, because of lack of Eight Registered Pure&red Pigs Will be given ; To Eight Boys, ' Girls - or Grown Ups Interested in- developing the Registered Pure Bred Pig indus try in tto PiSflc Northwest. " Cut out thM announcement and mail " 7t Pure Bred 5ig CompetiUon Editor. Pacific Homesteads 1 ; . - wm rua ent to you by return mall. Oregon, ana'Muii imuiiu" .- - Will Have Wide Support . " I these lambs must be pasture, moved. "The only alternative! is to send the lambs to the killing estab lishments on the 'Pacific coast. which involves & shrinkage of enly four or fire-pounds per head "There was no rali in . Cali fornia for 45 days. Cbnsoquent !y, there has been-a !ng up of the j green, succulent pastures which serve Mi grow the Iambs end feed j the ewa produc and speciial exercises In all schools and Boy and Girl Scout organiza tions. .)": . ... The drive will conclude witn the observance or iiumane -ouu- day on Aprfl l5, when sermons will bn dellverea in cnurcues t Total admitted assets $ 8.461.788.32 . . UalUltles ' ' r Gross clsims for losses nn- . paid .I.1...- ...$ 169.801.13 Amount of unearned 4 pre- - mtuma on all outstanding risks Duo - for - eommisaioa and 133.018.19233 ' 1 j rr 00,498.760110 25.015,117.80 , I 'I... ' : 0,354,287.81 i2.533.79l.03 3.291,881.75 485,491.02 Total admitted assets... .$250,387,551 95 UabUitiea , . i Xetl reserves ...$214,495,164.49 Orosa claims for losses 1 anpaid . ; diaou oi: All other liabilities. u. 12,876i844l41 - Total expenditures f 893,802.2- Asseta Value of real 'estate owned (market value) .... . ..$ 55.000.00 Value of stocks and bonds , owned market value) .... $ 863,980.00 Loans on mortgages and 1 collateral.: etc. ; ! 672.125.00 Cash in bants and on hand" 38,846.86 Premiums in course of col- . lection written since Sep tember 30, 1921 , u v 42.293.09 Interest and rents due and accrued . 24.844.37 Synofmis of the Annual Saatement ofthe nniTicn wn rrtDPiriM .US-la- a ion xao,-v mj vuuiuii MARINE INS. CO Ltd. of Liverpool, in the Kingdom of England, on the thirty-first day of December. 1922, made to the Insurance Uommisaioner the State of Oregon, pursuant . capital t Statutory deposit .-i . Incoma j Ket premiums received dur- : ing the year ...4 1,046.000.50 Interest. dividends and; rents received during the J year - Income from other sources received during the year J ' Total income'.. ...J ...S 1,323,962.00 - TJisboxeexoenta j Ket lasses paid durine the Ta. inehidinr ' avdiasit- i ment expenses ;J .f 19,2J6.91 riviienila naid on eamtaL ' stock daring the year;.. I - Kone PanuuHiaioBK and .aalariea 1 aid during the year..U 1 389.940.52 Tim. licenses and fees " paid during the year.!.-- ! 27.370.53 Amonnt of all other expen diturea .. ; CHICAGO, April" 20. rA drive that Is take In every siaie in iu union is to be started by the Am erican Humane society -tor tne general observance of Be Kna to Animals Week." April 9 to H, according to an announcement Dy aM creedSf the movement having the Illinois Humane society. j . p eniorsed by the executive Tho Plans include special pro-1 committ6e Qf , tlie Federal Council clamations - to bo Issued by the If Cnurcnes Dt Christ in America; eovernors -of various states,, may-1 ..r,i nnfrenrA of H the tgrSraldryl ;oC ?itles and th Episcopal church, the Northern en Tsucculent addresses to be delivered Bptist convehon, the general as- from all ot tne more powenai i dio stations, before business men's Clubs, women's ' clubs, at schools and in public meetings; dUplay of banners and placards in stores, on buildings and wagons with, the words "Be Kind V to Animals' prominently displayed; member ship dfives in local associations, nemblv of tho Presbyterian church, and the Methodist confer ences'. ' INDEPENDENCE of to law: 200.000.00 124,753.25 153.208.25 Total admitted assets .. ' Xdabilitiea flross claims for losses un paid ......., . $ Amonnt of t unearned pre miuma on all oatstanding risks i , .- Pue for : commission and brokerage All other liabilitiea ....... Estimated expense of ad- e Justiag unpaid lossea ..... 3 1,696.589.32 brokerage -. . All other liabilities - -1.701.950.09 Kone . 44.500.00 received onnag the year fatal 58.392.78 44750.66 income .J. - Disbarsaamenta Ket losses psid daring -tho . year Including adjust- ' ment expenses ... Dividends paid on , eapital : atock durlag tho. year . , Couwiaaleaa 1 and salaries paid during the year. Taxes, . licenses and fees 1 - --paid ' daring the- yeer: . Amoont of all other expen . .dUurea . - k -.Total expenditures . '.. . - sseta 1 Value -of real estate owned fnmarket value) - Valoe of stocks and bonds owned (market yalne) Loans . oa . .mortgages and k collateral, etc. .. Cask in banks and on hand resaiaiaae 4n coarse of col lection written since Sep- teaiber 80. 1921 Interest and rents duo and : accrued 865.594.75 147.520.94 ; . .Nil 1S7.54S.51 21.274.28 , 651.505.78 947.847.51 - Total liabilities. exelus - ive of capital stock of 'S60J.000.00 . i. $ 1.916.251.22 Business in Oregon for the Tear Net premiuma received -during, the year , 9 . .9 11.23 Lossea paid during the par 7,106.11 Lossea incurred daring tne year .. ' 9.650 50 MECHANICS TXfTJRAKCE COMPANY Daniel It- C'anham, President. ; John A. Snyder. Secretary. Statutory resident "attorney for service: ' A. J. McPhee. :.s .:.! " 1 M 1 ' 1 ' - . Synopsis of the Annual Btstemeat f the ' ABEILLE FIRE INS. CO. ef . Paris, in tho Bepoblie. of France. 00 the thirty-first . day i of Deeeaber. 1V2Z, made to the Insnaaneo Commissioner ef tho State of Oregon, pursuant to -law: , Capital i Amount of deposit capitals i ,200.f00.00 i' ! .Xaeomo ' Net premiums reeesved dar- - Ing the year a wT.ooo.ax Interest, dividends and - a rente received daring tho , year ; . 57.882.80 Income from other aonices during tho year - .. Total income ......$ Disbarsoments Net losses paid .daring the ; year, including: adjust ment expenses ..-..$ Dividends paid on capital - stock daring to -year. Commissions and ,, aalariea paid during tho year Taxes, lieenaea and 1 t eea ' . paid during the year Amonnt of all Other expen- diturea. ' ,,,,.- .. Total liabilities, exelus- 1, - ive ef capital stock, of f 7,500.000.00 : of aur- ' plus of $12.598, 59.09,.230,188,.t8.86 t l-fo Baslneaa in Oregon for she 1 Tear -vross rpreraiumi received durine the vear '993 tin nn Premiums and dividends ' I returned during the year . , 83.26 Lossea paid during the year ..... 1 fi5.928.00 THE TIU.VELKBS INSURANCE ; I t'AA X . ; Iouis P. Butler, President. Bnaediet 1. Klynn. Secretary, btatutory , resident attorney for service : Phillip , Oreasmayer. WIItox Bldg.. Port la a 1. Ore . , Total liabilities. excJus-' ive of capital atock (mutual) $ 533.539.18 Business tn Oreiren for the Year iset premiums received dur ing the year $ f osses paid during the year Losses' incurred during tho . indiaxaT-u"bermn's' i insurance co J. WVPanaeU. President. T T P. Bl Fowl nr. Seretartr. Statutory resident attorney for service H. ii. Martin, 1013 Board of Trade jjiag.. i-ort;and, ore. 9.400.87 1.024,63958 1.050,710.00 Nil I2.789.13 ii 102,525.49 - 15.605.44 Total expenditures Asseta -. Vslue of real estate owned (market valuaV t.. 1 Talue of atocka and bonda owned f market vahiei loans on mortgages and collateral, etc. Cash in banks and on hand Preminms in course of col lection written since Sep tember 30. 1911 Interest and rents doe and 1 accrued . 630.439.42 KI1 296,042.26 . 80.741.66 24.983.43 9 982.806-.82 Bynopaia of the Annual Statement of, the IMPERIAL ASSURANCE COMPANY 1 of New York in the State of NeV Tork, on the thirty-first day of December. 1922. made to the Tnsuraaee Oom m ihs io n er of the State of Oregon, pursuant to law: . Capital Amount of capital atock 1 paid up . . ....f 50,000.00 : Incoma 4 . I Net premiums received dar- ' ing tho year 1,1 uteres 1, aiviaenas and rents receifed during the year .. A Income front other- soar eea received daring the year 64,585.20 Total Income . THnbin iw-iil. Net losses paid during the year,' including: adjust- ' ment 'expenses jt Dividends paid on capital atock during the year.... Commissioaa , and aalariea paid daring , the year .... Taxes. . licenses 1 and feea ; Paid during the year .... Amount of all other expen- mtures .050785.26 91.909.81 $ 1.2,07.380.27 ant. 533,705.61 50,000.00 359,684.54 -55,597.08 4Si536-.88 Nil 1.167.121.37 Nil . . 52.178.64 264.294.10 14.07011 Total expenditures .... " Assata Philadelphia ' Fire Vader- wrt tors' Association de- Posit .f Value of atocka and bonda owned (market ralue).$ Ee-insurance due oa losses paid . .... . .. Caab jn banks and on-Jiaad rremium, ta coarse ef eel- - lection written since Sep- tainbe- Sf HWI 'Interest and rents due" and ; accrued ..9 1.045.524.11 800.00 2,211.124.25 1,027.29 77,031.33 255.339.03 30,979.76 Total .admined aaseta I 1.381.630.06 IdabiltUea ; Grose elaima for losses on- ' .. paid 0 387.975.78 A-Mtuat .. of . nnearned pre . . - minms on all outstanding isfcs ... . 137.361.75 Dae for 1 eommisaioa sad J brokersge , . , 20,000.00 AUother lisbllities .- 114,053.00. Total liabilities, exclus- . ... 4v tit -eapital' atock of ' i-r v - a joo.000.00 , .: J85pft.aoo.53 .Business in dragon for the ' Year Nat preminma received dur- . ,ig tho year : 8 2.951.71 Loiaes paid during tho year . 1,378.71 . Losses inenrred during tho jear 1.14T.71 UNION MARINE 1 INSURANCE COMPANY. LTD. . , rH. Crty. x.- v ' ' . t United Stales Msnsger. dilatory' tetiHeot sttorney " fr service; . L:-2!-t ts-B-rt Slltias Ul-t 1 Total admitted1 assets - -.labilities Gross elaima for lossea un paid . Amount of nnearned .pre- : miuma on all outslsnding 'risks .- ..t,...,...... ' Duo for ; rem miss ion and brokerage .. j- All other liabilities . 1.497.664.22 1 163.035.60 806,920.08 S0.653.73 22.50O.00 TOtSl admitted assets ..$ 2,57501.60 aanui-tea Gross elaima for loaaea ata- - paid $ Amount of nnearned pre miuma on all outstanding risk- . Dae for commission and brokerage .1 .-.-...;,.. AH other liabilities. .... 105,583.00 896,013.39 2,500.00 do, ooo.no Total liabilities, exrlaa-, . ive. of denoaiS taaitiL '8200.000.00 1.082.110.30 Business In Oregon for tho Tear Net nremintna received dur- ' ing the year 9 9.881.87 Loaaes paid daring the yesr " 1 8.9 40,67 dim lanrrsd dkrisr tha rear 14.107.50 I ABKILLETIRE INSURANCE CO; OF PARIS. FRANCE - : "Starkweather aad Shipley. !Tnc. -' . . ' United' States Massgers. Statntnrv : vetat .ettoroe- for service; CsTii t, Poaas, grtls&d. Ore. Total liabilities, -exclus-, ve of capital stock - of I ' ;500.QO0.OO . ... 9 1.041.126 ; i Bns'ness la Oregon for the Tear Net premiums received dur- ing the year 19.394.8 t osses paid duriug the year 15,744.69 i mcuirra uunng me r,K.v-:-r:-r--."--".--. 41.236.31 J-rIUAIi AbPU K.V.N UE Pt. Peis-ival Beresford. President. - -. Howard .Tevlnma. Kiwnlin . etatatory resiient - aiiorney for servteo ittrnce yvwnjvaer, Calco. yii. 25.601.00 482,938.18 9.5OO.00 15,000.00 500.00 1,308.13 18.310.82 18.310,82 MUTUAL bynopsis 01 the Annual Statement of the AMERICAN CREDIT IN DEMNITY COMPANY OF NEW YORK f New York, in the State of New York, en the thirty-first day of December. 192B, aae o ne insurance Commissioner of the State i of Oregon, pursuant to law: - . Capital . - Amount of eapital atock paid up .... ..a 850,000.00 Ineomo Net premiums received dur ing the vear ; , a 1 os ot 6- Interest. dividaoaa and rente received during the year J rjnui 9 a Income from, other sources ' received dariag the year 2.683.69 Total expenditures . Assets Yalne of real estate owned (market value) ii- ! Yalne. ef stocks and bonda L owned' (market valus)f eollitcral, etc 874.66e.35 1,488.274.31 i .and j Cash in banks and-on band Premiuma in course of eol- j leetion written since Sep- ; tember 30. 1921 1 : Doe from other companies for re-iastirsnco on losses : already paid . ..... Interest and rents dne and; accrued Kone 2.660.612.00 Kone 166,530.52 172.579.17" 80.185.84 34.618.95 Ki.nniii of tho Annual Statement of the of! Paris, in the Eepnblie of France, on tho thirtj'-f irst day of XHBcemoer.j -. made toi the Insurance Coramtasioner ot tho Slate of Oregon, pursuant to law: Amount of deposit capitala ) , . 1 .ineomo . Net premiums received dur- . . l . a 1BI la o JW ... -r Interest; . dividends a n d . rents "received during the year f. ....... Income from other sources ; received during the year t - i 1 y . Totall income .....$ 1.022.07024 1 Disbnrseenta Net lossea paid during the ; year, . including aojnas ment -enpeaaes, $ Dividends paid - On eapital . stock- daring tho year..- , Commissions .aad sslaries paid during the year. Taxes, : licenses and feea paid dariag tha year Amount of all other expen ditures Total admitted assets. X-abiliU.es Gross clsims for losses na-: psid i . 1 ! Amount of unearned pre-; mtuma on all outstanding; risks ..... ' : Duo for commission snd;' brokerage .... .... - i AU other liabilities S 3,064,526.43 694.629.52 :234.249,30 None 113.466.93 Total' expenditures 976.762.19 i t - Assets Value ef real estate owned (market value) Value ef stocks- and bonds owned, (market yalne) .. l.iii.oza.ao Loans 1 on mortS.es and eollateral. etc. Cash in banks and on hand 60,831.48 Premiums in course of col lections written since ep- ' tember 30, 1922 269.739.47 Interest and rents dae and accraed i.it. Total liabilities, -exclusive of statntory - deposit of 83O0.0OO00 $ Business in Oregon for Net premiums received dur- ing the year . jl 1.042.345.77 tke Year 33.036.02 21,093.70 Losses paid faring the year Losaea incurred diiring the year i (,..!- 21.483.38 BRITISH ft FOREIGN' MARINE INSURANCE CO, LTD. 'Geo. H. Heyworth. President. Prank Lloyd, Secretary. Statutory resident attorney tor service: r Walter J. Burns, Portland, Ore. Total Income ......a 1,638.533.01 ; DifrHn mrm mnt m Net lossea paid durine the ! year, i including adjust- ' ment oxnaasea Dividends paid on capital stock durine- the fmr Commissions and - salaries Paid during th vear Taxes, licenses and fees. paid during the rear Amount of all other axpea- uuurea .. ..... Total expend! tures 9 AKAt. Premium notes . .S J alue of atocka and bonda ' Owned ftnirV.t.v.ln.V Agents' balances (ereditTH Cash in banks and on hand Premiums in course. of eol- lecuoa written since Sep tember 30. 1U21 Interest and rents due and acerned , . 1,474.634-54 1 70.000.00 515.354.11 4t.5l8.71 137,129.83 2.244.637.19 96,774.48 2,341,940.50 13.228.21 4S.379.01 Kone ' 16.8749 10U1, admitted assets 2,490.738.77 Gross claims for losses an ' paid 1 -mount 01 - unearned ore - minms on ail outstanding riska ' Due for commission oroserage .. - 687.103.68 and 650.371.2 124.68 31.662.J AU other liabilitiea ., Total liabilities, exclus - ive 1 of eapital stock of ?35O.n0O.00 . , $ t.369.261.81 -uih in vregon lor tho Tear ftet premiams -received dur- tag tae year . 10.059714 usea paid daring the year 4,564.40 " uic-vre- anting the yesr ( ..;.. . i 4 67.1 R" COMPANY P NEW YORK J. P. McFadden. Preaideot. L. J. Nonas, Secretary. ; . Statutory resident attorney for H. T. MaeRill, Portland. Ore. service Aa old-time test for onion eed. works pretty -vrell. If the seed in doubtful, put in a pan of water. The seed that -inks is good and that which floats Is jrortbless. Synopsis of the Annual Statement of the GRAIN DEALERS NATIONAL MUTUAL v I FIRE INS. CO. Indianaaolia. 1 in the giate of Indiana the thirty-first dy ( December, 1922. made to U10 Insnranoe uoiumifc sioner 01 toe state ot urc-vu, uuuu.ui to Jaw:? .,. - i Amount of c-pitai . btock paid up . ----- :, - ; Income : 1 Net premiuma received dur-i ing toe year ....o Interest, dividends t a n d; rents received during tae . year -- -i ' Income from other aonrcea received during the year Total income ..........-$ Disbarsoments Net losses psid during the year, including adjust ment expenses; ..-....--$ Dividends paid on capital , stock during tne year i Cojamis&ions a and aalariea paid: during use year . Taxc. licenses snd fees paid during na year . Amount of all other expe-f ditures .4 Adjustment book value; bonds -j. 1 . None 646,091.13 7.201.82 158.43 733,451.?8 Xi 440.661.89 None 145.267J89 12.931.81 84.039.93 1.603.53 Total expenditiurea 684,504.57 I Assets -; V,ln nf rf il mUIa owned (market vaiuet) 1 .t etone Value of atocka land bonds owned (market value).-. 3 3,68,io Loana on mortaazes and : eoHater-l. etc J' I U 467.760.00 Cash in banks aad on hand 158.399.14 Premiums' m coarse of eol i . I.ction written since Eco- i tember 30, 1921 -i. i 32,358.48 Interest and rents dne and accrued u 33.2IB.54 Total admitted assets .-.$ 1.655.305.06 , - - - UabiUtiaa ; , Gross elaima fo lossea .an paid ... -$ Amount jof unearned . pre- - minms'on all ootataading tisks 1 -. ,.i. Due for eommsssion aad brokerage ... .t.. L All other liabilities 23.953.21 439.713.89 2.200.7 136.437.93 exclus , stock ! Total liabilities; i ive . of captital (none) 1-: Batunesa in i Oregon Ket oremiums received due J ing the year! ...1 . ..U$ lossea paid during the year' Losses incurred d-oring the vear ....J. !. CTIAJN DEALERS NATTO.VAf. MUTUAL YTRE INSURANCE. CO. I I i J. W.'McCord. Presidpnt. . ! O.r A.. McCotter... -Secretary. ! etatntnTV resident attomey for service i Jttsvsnct CoB-iUsiflotr, Sal 99, Ois, .$ 592.3fi5.7 for the Tear 1.462.08 101.64 lOt. 6 200.000.00 9577856.44 : 5 - i , 57.003.90 7.20:4.90 630,976.22 Kil 296.042.24 29.41 8. 6 8 20,325.05 URGED TO RESCUE EUROPE Fascimo 'Regarded as PanaT cea for ail Ills otoentrap Continent !; Total admitted -assets : ' Xdaeuiuea Cross claims for losses nn- j paid. J! ; - $ Amonnt 'f nnearned pre-. ntamt :on all ontstaaduig riska Due for eommisaioa and and : brokerage -. AU other liabilitiea $ 1,516.370.76 163.035.58 806,921.01 89.653.71 r 22500.00 i iota liabilities, exclus- I ive of derrosit capital of 200.000.00 1.082.110.30 Business in Oregon for the Tear Net premiuma received dur ine the year o ,i.eo Lossea paid during the year " 8.940.66 ltssea inenrred during tne year .:. -- 14.107.49 PHENIX PIKE INSURANCE CO. W-PAR18. FRANCE -Starkweather 4 Shepley. Inc.. . United States Managers. Statutory resident attorney for service: Insurance Commissioner, baiem. ure. INDEPENDENCE, Or., j April 1 9. Kyllander Brothers, having been awarded a contract for. pav ing three blocks on Third street gome time ago, have" started work and are making rapid pro-m-ca. Thev exDect Tto have It completed some time in May. JoKpnh Hershberz Is having a new modern eight room ; bunga- rmilt nn his property on Third street. When complete- it will cost approximately 15000 The ball game Tuesday after noon ; between. Monmouth ; ms arhnnl and Independence nigh school was won by the latter 13 to 2. Only for an error on Independence's first baseman the score ould have stood 13 to 0. Batteries: Monmouth,' Comstock and Eglestont Independence, Baker and Downing.' 1 i ?' Moss Walker of the Beaver hotel, transacted business in. Sa lem the first of, the week, Clare Irvine, president otv the Farmers State Bank, was tran sacting: business In .pokane the first Qf the j week. At a meeting of the American Legion ' recently, Clyde Ellis -was elected to manage tne dsscuhi the season and imme diate practice was 7 started. It t n-4 that thev eXDeCt tO -19 ICin-' W-s - f - tiaWC a :ood -team this season. They expect to play their first novt . Sunday on the local 5IUD " w jrvnnnd. Mt00 Ta TilrVholt- died Wed- . AVA.& ' " . nBiiv mnrninz at 5 a.v m., oi !, a shB had been HI . X . . for two moiituu. Hynotxiis of the Annuel Statement of the STANDARD FIRE INS. CO. of Hsrtford, in the State of Connects rut: on the-thirty-first day of lecember. 19--, . made to the Insurance Oommis- j sioner' of tne tolale ot uregoa. pursnani i to law: 'v Capital Amonnt of eanital stock paid up , . 9 500,000.00 I Ixtcomo " Net oremiums received dnr- . . l . . . .. 1 - m it da ing ne year ,. e u,j.ou Interest, . dividenda and rents received durrne tne year ; 64,956.35 Iniuimo from other sourcea -resetved daring tno year. . 1 Total income ..- 778,751.65 Disbursementa Net losses paid during the - year, inciuaing aajnsi- - meat expenses J $ 423.007-06 Dividends paid on capital -.' stock during tho yeas 40.000.00 Commissions ' and Salaries . paid during the year 73.ff.60 Taxes, licenses and feea ' paid during the year .. 3.71.77 Amoaat of all other expen- t . ditures i . i.7au.ai ' A famished dog that seizes a bone . without - concerning itse'.f r Vinut the! ouestion of ownership is offered as an emblem of s So cialism. 1 But the Socialists fall to reflect that, once in possession of it, he turns capitalist and fights with tooth and nail tq protect hl3 own. ' Statement of of . : flaan innita.1 CITIZlrvS lJNSUltAWL-i of PC fclouis. in the. SUte of Missonrt. .i.. h;.i..r-ri,t dir of Decemoer. i- MIM 1 aa? m , made to the Insurance: Commissioner the State of Oregon, pursuant to law: : 4 Capital Amount of , eapial atoca paid np .-- --- -- Xncomo Net premiums received dur ing tho, yia,r Interest, vdividendo an. rents received during the year r- . -fmm tnee nnrcea juv . - - n ta received dungs the year.. -.83-.1- VIENNA. April . 20.-4-FaBctmo is coming to be regarded in Aus tria as a panacea for "all orta . ills of Central Europe, m ithe opia-i ion of some obserrers in. the Aua-,. trian capital, and its leader, Benl- to Mussolini, as a secona uariDa di. t A. letter from Count Richard Coudenhove-Kalergl.-' f-und'er of 4 the Central European Cultural So-Ciety-addre8ed to Mustolinl and published recently in a local news paper,, bean. out this thought. The count writes: VI PPal to you toi save the youth of Europe. Germany and France have been at war for 1,000 years. Italy alone is t qualifie dto end this -war, ta lay the foundation for the restora tion of Europe. "You love Italy, but no Euro pean nation can live and thrive if the others die. look across tha ocean. At' a time ..when, Europe, from the Rhine to Thrace, la tear ng herself to pieces, an entire con tinent is preparing to assemble at Santiago, Chile, in a- spirit of trust and ' hope and in the service o peace and progress. "Proclaimed a century ago bj BoliTar. the Fan-American Idea. had become today the keynote ot the ' development of the 'world. United America is marchlng.at Us apex, while divided Europe is bleedins to death in internal war fare. ' . .--.. 'Summon the first Pan-Euro pean conference in Rome; launch a new Europe.- - ' "Both Great Britain and Russia havet outgrown .Europe and can survfte her destruction, -. but the other peoples of Europe have the choice only .between union or de struction. ! "Europe is not threatened from the . north. ' Economic dangers menace ; her from the .west and political, peril from the east. A divided Europe .must fall a . prey, to American competition; a dis united '.Europe will becom? the victim of Russian leadership.- Only, an economic.. union, a court of -ar-bif l-tion, and a treaty can give Euiope prosperity, peacd and in dependence. J i "&hve Europe rf rom her fate. Step into . the ' European chaoai courageously, and lay the founda tion stone of the United Jatates of Europe." j - 206.000.00 790.093.74 5 28,058.49 Total t 830.976.00 Total expenditures . i . aaseta Value of real estate owned ". .. market value) . Kil Value of stooks and bonda owaed (market value) 1.429.157.70 Loans on mortgages and, collateral, etc. ., ...". Nil Cash in banks snd on hand 56.207.39 Preminma in course of rol- : lection written since Sep tember 30, 1921 ; ,143.738.26 Interest and rents due aad : accrued .- .17,487.98 Total admitted assets...-. 1,616,591.33 IdablUtiea t, Tons' claims for losses un paid .. ... Amoiit of unearned pre minma on all outstanding risk ..- Due for -commission and brokerage ..- All other liabilities . . 68.849.33 7.D.284.98 I -.1-9.86 17.794.43 Total liabilities, , exclu,R ivo of capital atock of S300.UO0.00 - $ 80f.O."3.17 Business In Oregon for ths'Year Net nrrmiami received dur- . ing the year $ 10.463. 7 flosses paid during the year - 3,917.61 leases incurred durine "the - year ...'.. .4L793 BT.VNDABD FIRE 1NSUB.VNCE 3 COMPANY I yt. T.' H ewes. President. 7 - H. i B. Anthony. Secretary. ' 1 btatntory resident - atteraey for service; idoid R. tiuuuu J .. . . income .-...1-S 830.889.89 , - - Disbursements - - Net losses paid during the yesr, incutttng aoiue- ment es pen ses .-$ Dividends paid uon capital atock- during the year.... Commission and . salaries paid during; tne year Taxes. , licenses and feea - paid during the year Amount of all other expen ditures .....--- 9.971.3 16,000.00 252.969.28 ' 27.578.fl9 146.131.18 Total expenditure ..-$ - Assets Value of real estste "owned (market value) ' Value of stocka and bonda . - owned market value).,.. Loans on mortgages and j collateral,- ate. Cash in banks and oa hand Premiuma in eo-rse. of coir, lection written since. Sep tember 30. 1921 ..... Interest sod rents due and accrued 735,650.77 None 545.323.5Q , : N'one 267,515.53 : - - -a1 366.758.13 12.147.27 ' Total admitted ase(st 1.191.644.43 X-abllities Gross elaima for lossea nn- - paid . $ Amount "of nnearned pre miums on all outstanding risks . Due for commission- and : brokerage ;...-.... All other liabilities 85.482.28 .598.236.16 yone 156.967.38 Total liabilitiea, exrlus-, .- i ; ive of capital stock of $2f.ooo.oo- 840.6.15.82 Bnslnoss tn . Oregon - for tao Tear Net premiuma received dnr- - ing the year . ... ' 28,132 A3 fosses paid dpring the year 11.587.73 Liossea incurred during the ' year : 17,058.60 citizens insuranck co. Chas. K. Chase. President. , . J. E. Tenner, Secretary, btatntory resident attornev for t service: John E. BtrrgsruV I'orUa-d, Ore. Contractu Let for Large Bridge on Coast ' The highway commission an nounces the award of a contract for the construction, of the bridge on the Columbia River highway oyer , the Lewis and Clark river between Astoria and - Seaside to the Pacific Bridge company of Portland at a contract price of approximately $170,000. In -addition to the structure the embankment, paving-1 and - other items will bring the total cost of the improvement to the sum of $250,000, jot "which Clateop county U cooperating ! to the ex tent of $20,000 on the structure and $20,000 on the embankment. This bridge consists of a 100 foot single leaf Bascule span on concrete pleri with . about 700 lineal feet of pile trestle approach. The embankment is approximately 1000 feet In length. -In the struc ture there are about " 2 0 0 0 cubic yards of confcrete, 370 pounds of structural steel. 34.000 lineal feet of piling,; as Veil as at consider able amount of electrical equip ment and machinery required for the operation of the lift' span. The raclf ic Bridge- company Id a Portland - organization anrl na I of the larsrest ffllllMlllnir , . v-ti mm- paniea on the Pacific: coast. Appel-.Wail a minute. I want to stop ia this store and order a set ,ofvricyclopedIas. Matty--What in the world do you want with a lotj of books like that? . - - . : - t ' if