WEDNESDAY MORNING, MARCH 19, 1924
Several Mnri fiflnriifiatM
T
. Eilft foPiihlift Qffii tl01L t0r clrcuU Judge or depart
WiC lUrilUUC UnJCeSmeni No- . Maltnomah, county.
v ' -
withfhe secretary of state bbj de
claratloa ? as :a candidate to suc
ceed himself as district attorney
tod Hood Rlvtr county. He la
hdma4 A. Hayes filed as a can
J.
flyiwpnis of the Annual1 Statement f the
!,(,K !K NfE rOM
wYork. in. the Stste of .K York.
co iba thirtr-firat day of December, 1023,
ptata'ot StoKi
-TO " ;- toeciM
Total premium ineoma for
iui year i,u,jj..iiioi ninf-iini uj 11 urcemoer,
lDtwctk Aiana , ana .
' rrntm received durinr tha
" yeat.,.",..-L'. ' 2,425,284.10
1 neons (fton other sources
received, during tha yer 297.127.1
Tata income :1....v.110,0O,267.03
r . '. Ptsbaxsmwrt's.
Paid (or himi, endow- '
mnU: anaaitiea ' " and : "
DitMrbda oald to policy
boldr during tha 1t 1,174.234.62
Commission snd' salaries ' I v . -
iiaJdduriaa tha 'jear 1,141,259.87
TaM. . lion and " !!? V - .
paid during tha yaar . 217,210.68
Aaaounfof- alt' other ax-
pp Jitures.
.. 664,25.18
1 .' i 1
Total xpenditures 7,894,265.66
Assets
Value of real estate owned
(msrket vstae . 1,500,000.00
Vsluo of stocks and bonds
owned (market or smor- .
tised, vatac) . : 25,695,118.00
Loaua on mortgages saa I
, collateral, 10,463,9
N0.00
Premium notes sad policy
loans '4-x.x..--Cash
in hanks and on hand
Net " saeollectod and de
- f erred premiums .
Interest aneVxenls due and
9,256,771.83
820,28730
2o'2H7'ao
1.107,290.11
accrued
!'S2S22
Other assets. , (net
,o
' TdfsT admitted assets -448,655,222.12
.t .t lAdsnUttMS - ... .
..43,799,666.00
tjross claims
for, losses
200,864.47
2,579496.85
All vtber
2,015,0.3
; aivo.tvapital stofk-i.48,655.22348
Business in uisgoa ivs w m -- -Qroaa
.premlnma-V xecelvad'"i : I
. i rfiia tk rear and swow "J ' ' '
miam sbatements to po!; '-
1 lcyholder-Bof eoUoesdv . 4,789 J4
Ptossussm an aUvidendsvpa--.
turned during the year ?:i?.
U03U.-UTK PiSURAXCB COMPABX
Kthelbert Ide Low. pMUM.
6 William 8. Gay lord, Beretsry.
Stalutdry 1 resident sttornev for service,
r?t..T..M.fessisslonfc"T -;.A'-f
- t- 1 T
. o.n'nn.r f the. Annual Statement of the
ItOtlTABLlsS liIFE INSt'RANCIl.
COMPANY
t&U
J iL nsurinca Xommlssioner of th
atste of Oregon, pnrsusnt to lew:
uapuas .
,00.0000
rp.A.t n..mnM tnoino for
T. . -tin J65 237 J4
dividends and
rente received during
year -
cob v- . .
received durwr Us year a.288-c
.i i-r ':iilL13.785.S7.16
AUMU " '
fl .: . iMsbnxseasntS ' :
Psid for3 tioii, sdow
mamtrn. mil Bui ties and sur-
render 'values ... ' . . .072,4?.W.
Dividends psid to - poaey.
hoM.M durinsr 4hs year 1.700,694.07
Dividends paid on eapiUl - AA
stock during tha year .
Commissions and ssljirija
pajtf during tho rear .-' .
Taxea, licenses snd. fees
paid during; ths year,. .
Amount of . aU oher , ax
pendituree. - i-
V
2,094,975.39
295,178.87
Total expenditures 7,690.561.4!
. sjsw
Value of real oaUto owned
(market vatae 8 8,376,603.6
Value of stocks and bonda
owned (market or amor-
tkml ' value).
Loans on mortgagee and
eollateraL StO.
Premium oles and policy
"f"?r'?r.T'Tr
Cashvn banks and on hand ."
Net p nacoUected and i- do-. .
ferred premiums ,. ' v.. 1,
sia,s.
153,548 49
Interest and rants due and
1.493,198.63
Other assets (not); Mise.,
. $582,616,75, less not sd
miUed 8595,1975'
12,580.80
Total admitted assets f 51,704tS65.M
'en. .'vULlbtUttssr 1 '
Netms ---843.769,262.00
' J!'m, .ssauis
unpaid z.Z'Z.l'Z.
All S-Uer rwhilitUNtXilU.' T.071.948.74
:'.t;, -i-V;:"H
ONfrsI llsbiliOes, exefn-; '
sikeVof. espitst-stoesj- of -
S100.O00.0tf ; --i.---851,004,265.92
tBuiiaeas la Oregtnt if ttf. Tr.. ,
Gros&' fremums rrecoiTsa- "... I . ANCE COJlfAAX w wwa,
during thsyesr 156,835.771 , H. J. Benson, President.
Th.I.ni. idsadsra . : I' ' J T Shsro.. Secretary.
tut sao aWmg Ths yist , ' " ' 17.ft,T
Losaea --pat during no
s -
EUVITABLB LlfB INSURANCE COM-
, " PANr OF IOWA . i ';.
. H. S. KoiBts , Meswen.
Stslutory resWsht attorney for setvlee,
. , '
Svnopsis of the Annual Statement of
f Toronto. In' tho ProviBCS of OntsriO,
the-' thirty-first dsy , of .Dscsmber, 1923.
- . M;..;n.u.
the sitaio of Oregon, pursuant 00 law:
- . . -..-, - w apnea1
. . -Xncomo
2?eS vretninma received dox- "
lag thoysr I 8 2,331,470.82
laterest. dividends and . - . r
rs.t.;rocoiv.ddnriBKth.
Income from other sources
received during ths yesr 98.096.22
Totet Income -8 2,617.781.18.
- . - Blsbarscnrsnts
Xet losses psid during tho .5;
- inrhidinr - ndinat- '
ent P.;-r::$ 1'844'080
poed. during the year 927.172.73
Taxes, licenses snd- fees -
paid during tho year t 66,681.45
Amoast . oi aU, -otior .x ; 4 ; . ,
penditures ... . n.- 482.954.4
I Totsl expenditures . 2,820,828.91
) ' . Assets
i ' Value of stocks snd bonds
I owned, (market vslue $ 2,217.582.91
Csah in banks and on hand 665,079.87
Premiums is course of ool- ' " .? "
lecimn wmwn mui eep
tember 80, 1923
Interest snd rents due snd
353,779.82
accrued
Ot her 1 seta (net)
46,098.67
14.iS81.00
Total admitted sssets 4,296.821.77
UsmllUss
. .Uimi ... f(' 'toAM
nnpsid .1 ..11 ' 11 1 ' 1 1 7 . Soo,UTl-t0
Amount ; of unearned pro-
miums en all outstahd-
isr risks'..
AU' other liabilities
. -A . . ..... s . - . .
Totsl iisDi lues. txcm- - -
sirs of cspitsl StOCK r
w-i' 1 . -i-Ll .- ... Vl-t
ing the year "r. 22,019.07 J Loaaen inenrred during' tho ' " -
Iouea naid durinc the year i - 19.035.151 year .-V-..t..... - 825.54
Losses incurred during-ta ' " ' "
t . . . . . An MMv, n , uv
Crunt forster, TJ, 8. -.Klgrm."- I - Harry Humphreys, gecretary. ' '
tin William 8t New ' fork. Statutory resident attorner for Service.
ftstntory resident attorney tor; WVTt fs.u", cvrwaatt,-- -
didate for the democratic nomina
Willard Wirtt filed aa aidlf1
date, for the demCKtfatlcnjwnlijjV
tion to succeed himself as district
attorney for Cook county-
Ai:tnn,
Judge Gilbert W. Phelps "df Fen-
tor the Sixth judicial district.
Which consists- Ot Morrow I and
Umatilla counties. His slogan is
Synopsis of tha Annual Statement of tha
PACIFIC STATES FIRE IXSCR-
ANCE COMPA.VY
of Portland; in tha Stat of Oregon, on
made o the Insurance Commissioner of
tha State of Oregon, -pursuant to law:
Capital
Amount of capital stock
paid up ......:...$ 810,420.00
Income
Net premiums receired dur
ing the year f 481,076.87
Interest, dividends and
roots received during the
47,019.65
100.76
sources
received daring the year
Total income .....i. 8
Disbursements
Net losses paid during the
yesr including sdjnst-
mnt nnmlM ' S
529.097.28
220,022.45
143.50
180.504.74
16,763.48
70,466.93
I Dividends paid on capital
1 stork dnrinr tha vear. ..
I Commissions and sslnriea
Mid durinc Jie rear
Taxes, licenses snd fees
psid during the year
Amount at all other ex
penditures
. Total expenditures ,.,..f 4 87.90 1.) 0i
Astats
Yshu of real estate owned
. (market value)' $
260.988.41
503,473.57
I Vslaa of stocks and bonds ,
Loans on mortgages snd
collateral, ete. .
37.485.2SI
4,220.79
222,720.09
11.00oT24
Premiums in eoniss of eol-
l art win written sinee 8eo-
..v. an - 100 a
I jBUrMt and' ran u doTsnd
I accrued
Total admitted assets ..$ 1,078.888.38
uanuiuea
1 Gross claims for losses on-
, , paid -S
37.721.01
ount ox unearned pre- ,
aniumson all outstanding
risks
If ortgsges on Real Entate
AU other liabilities
Due.. Re-Insurance Com-.
psnies . .
867.343.80
110,000.00
.vU.248.17
49,604.54
Totsl lisbilities exclusive
of capital stock.: $ 675.912.52.
- Business In Oregon for. tho Tear
Net nremiumi "' received'
during the yesr 8 804,911.23
Losses paid during the year 174,645.40
, 1 1 incurred dnrina- the
- J ...;.
124,257.66
I pACiHc STATES PI RE
J.; COMPANY
INSURANCE
- T. H. Williams, President.
I n. R. Jeffress. iSecretarv.
statutory resident attorney for. service.
T. tt. WUlisms. Prssident.
Synopsis of the A.W.1 St.n of th.
JULL OWNERS MLTUAIi FIRE
INSURANCE COMPANY OF IOWA
of Dee Moines, in the State of Iowa, on
fne ttirty'tirst day el December, -ivta,
mad to the Insurance Commissioner ' oj
tho State of Oregon, pursuant to law; ::
- v v -
income
inc the year
J$ 1,407,943.87
ail iaK BO I Interest, dividends and - -J-?'3"r
t, ' Vv I reats received daring the
1 . ysar . .
Income from other sources
dW .tb ?W
Total ineomo 8 1,584,668.29
Disoorsementi
Ket losses inid dunnr' tno .!.
I - 7eai " inctndinr
"tdjutt-'
MMl IflUIUI
846,264.91
I Dividends paid on capital
stock during th ye.r
168.456.75
300,914.49
paid during tho yea
Taxes, licenses and fees
psid daring tho year.
Amount ' of nil other ex-
77.302.80
"4 ' ' .
1- penoirares i
Cash Deposits returned .
22,935.65
78.858.87
I 1,44,73S.7
on
y , of , k in4 bona,
rned (market value).-
on mortgages and
eolUtersL te..
86,060.06
J.478,150.00
Cash in banks and on hsnd
.0".801a Prevninms in eonrso eol- -.,..,,.
lectio written since 8ep
38.100,823.14 tambor 80, 1928" i....
1 . t
131.654.K
r f
98:247.84
I accrued
Total admitted assets .rt 1,8 W.529.79
Gross claims for1 losses un
paid 2 i
123.64 J.83
Amonat ' of nnearaed pre
miums on all outstanding
risks.. :
Dn for oommlssloa and
708,349.28
ixZZZ
Att other liaWUttes -
' ,iaMnUei" elB.,lltl
11.878.22
4240.45
, of capital stock 8 1.081.709.73
1 t. Business in Orezoa for too sear
v . eeieed
: Vrf ' th. ... a t.294.77
Lo..e, p"aid during tho year 405.74
Losses incurred during tho A
year . . 4.103.74
MILL OWNER8 MUTUAL JIRS IN'SLR-
17 1 flutntnrr resident attorney for service,
1 H. K. ntros, jroruasw. ,nfon
Synopsis of the Annusl Statement of tho
l'KXNSYLVAJilA LtMBpii31X'8
ttrTItAr, F1RK INSURANCE CO.
of Philadelphia, In tho. BUI. of Penpsyl
I ..nil on tha thirtr-f rst day of Decern
the mlsskmer 'of tno ?tae of Oregosv pursuant
on I Vkt nn,m:nm. ralvad dur
Nl
. t ' Jht .......f VM4,72.r
1 .
Interest. dividends uaaai'
rente received aunng um
yeas-
' 102,211.3
Is come from other sourees
" received during the' ysar-
3G.24lib0
Total income
-.aS i,H3,7.a
Dlabuxsmnts
Net losses paid dnring'-tho-;.
year including' ediust-
1 ment expenses ;
1 Dividends paid to poKcy-
464,791.06
47,22282
holders during th year
Inspection charges snd
salaries' pai& during the
Tsxesf. licenses and" fees
141,059.80
15,896.18
83,433.66
" Amount
psid during ins resr..;-.
ot sii otntr ;.e-
- penditures
Totsl expenditures .L 1,052,403.58
.", ...... , Assets -. ; ; ;
Vslue of real estate owned
(markft value)' -.it J J0,3,7WI.5
Value of stocks snd bonds ' "
owned (msrket value) 1,376,838.28
Loans on . mortgages nd
eoUstersl, ttc. . JJl.
Cash id banks and on- hind
Prvtniums aa oosiso of col
. lection written sines Sep
tember 30. 192S.mv-.
282.000.00
114,674.13
'41,220.23
80.269.46
Interest snd rents duw -ssd
' seemed
, Total admitted' sssets -! l,94a.604.ffl
Gross elsiais for losses' un- .
I Junouns m yjm.jre"
miumson su oinasanoin
risks
474,462.13
1,836,441.64 I Dnr fhr lnertlotr-chirges
- - 62.000.00 I All other lisbilities
- sr.180.91
14.021.45
. - 1 . fswa.t t!.V!!il
r
8 52ff.020.l7
1- fMvnMOTi i w';
I V.OUM - tuud iurini tha tur 5 IIIJS'K yesr .... ... . . ml . '
PX5N8TIVANIA LUMBERMEN'S MUt-
' I - ' . J . a, t , n.f a a v
Present circuit judge; continue
impartial administration: bf "'law
and Justice. " His platform says:
"II I am nominated and elected,
will, during my term of office,
to the best of my ability, continue
faithfully and impartially to per
form the duties of the office."
Clyde N. Johnston of Eugene
filed as a candidate for the repub
lican nomination for district at
torney for uane county.
Edward Shearer of Estacada
Synopsis of the Annual Statement of the
NORTHERN INSURANCE COM
PANY OF NEW YORK
of the City of New York, in t'.ie State of
Naw York, on th thirty-first day of
December. 1923. made to tbo Insurance
Commissioner of the 8tte of Oregon.
psraaanv to law:
j Cspttal
Amount of capital stock
paiajup .. . i,uuu,uuu.uu
Income
Net premiums received dur
inc the year S 1.755.237.93
Interest, dividends and
rents received during the
year ; 134.072.75
Income from other sourcea
reseived during the year 238.044.34
ToUl Income f 2.127.355.04
Disbursements
Net losses psid during the
year including adjust
ment expenses 834.682.25
Dividend Psid on cspttal
stock during toe yesr 50.000.00
Commissions and salaries
paid durias- the year .... 658.129.86
Taxfs, licenses Snd fees
psid during the year .... 71.817.33
Amount - of sit other ex
penditirea . 53,963.23
Total expenditures ...
I 1.668.592.67
ASSStS
Vslue of stocks snd bonds
wned (msrket value X. ..
3.268,300.00
67.000.00
184.124.80
Loans' on mortgages and
collateral, ete. '
Cash in banks snd on hsnd
Premiums in course of col
lection written since Sep
tember 30. 1923
268.289.52
Interest and rents due snd
accrued
37.442.20
Total admitted assets 3,825,156.52
- mown woe
Cross claims for lotee.
unpaid - .-f 142.415.78
Amonnt 01 nnesrned. pre
miums on sM outs tand-1
ing risks .:. 1.714.250.93
Alt other lisbilities -., 25.000.00
Totsl ' liabilities, exclu
sive of capital stock of
81.000.000 8 1.881 .66S.71
xtusiuess in vnioa ior xns sear
Ket premiums received dur
ing tne yesr
osses pail during tne
year 1 19.956.88
axitses incurred during th
year 9.019.38
NORTHERN IXSCRANCE COMPANY OF
Mw YORK
William Brewster, President
Jsmes Marshall, Secretary.
Statutory resident attorney for service.
Walter B. miss, .Portland.
8ynopsis of the Annual Statement of the
FARMERS' MUTUAL FIRE RE
, LJEF ASSOCIATION'
of Portland. Orecon. on the 31st dar of
December, 1923, made )to the Insurance
Commissioner of the atste of Oregon,
pursuant to Jsw:
Income
Amount of ledger asaets
.December. 81st. 1922 6 - 764.73
Interest on deposits - 68.67
Poltey fees 1 J . 2,210.00
Application fees 18,175.79
Assessments 88,502.24
Totsl income 8
Disbursements
59,721.43
Actual amounts ' paid" to
policyholders for lasses S
22,766.57
Less adjustment expenses
366.25
Agents compensation..-.-
12.004.19
Xraveling expenses
104.60
6.803.25
salaries and zees of 0111-
cers. directors snd clerks
397.50
42.00
172.89
744.34
391.49
Insurance ' department li
censes
Bute Fire Marshal Tax
Postage, telegraph, tele
phone and exchange
Advertising, printing and
stationery
Directors Meetings ..
Office supplies
96.00
157.65
8.10
19.97
307.81
Charitable Contributions..-
Miscellaneous
Fee and -assessments re
funded .
Total Disbursements
44,382.51
Totsl ledger sssets on hsnd
December 31st, 1923 ... 15,338.92
uabiuues .
Risks ' in fores'. December
- Sisi. 1922 S15.495.055.00
Writtesv or renewed during
Test - r. -.., - 0,058.600.00
CsnceUed or expired, dur-
1 o on tjn nn
I v.ww.uv
Net insurance in force De
cember 81st. 1923 18.283.115.00
Irget "slngls risk of in-
sttreaee .j .. , s.uou.oo
THS FARMERS MTJT0AL Fl&K
: vHEUEF ASSOCIATION
V H. V. SnsshsU, President.
-Herman iLoedingl Secretary.
Btsto of Oregon.--': .: --,"T,". -.
County of Multnomsh.
Baoscribed snd sworn to before m, s
Notary Pnblie for Oregon,, this 25th day
of Janusry, 19231 .
Notary Public for tho fitste ot Oregon.
Hj Commission expires July 21st, 1924.
Synopsis of tho Anansl Ststement of the
rATMOTIC lNSL'RANCK COM
PANY OF AMEBIC,!
la tho Stste of New York, on the thirty
first day of December, 1923, made to tho
Insurance Commissioner of the Btsto of
Oregon, pursuant to law:
' ' Cspttal
Amount of cspitsl stock
.. paid np 200,000.00
Ineonso
Net premiums received dur
ing the yesr ..............$ 755,624.95
f Interest, dividends snd . - "
rents received during tno
year
83,537.35
783,336.37
Income from other sources
recti vd daring ths yesr
Totsl ineomo $ 1,577.498.67
Disbursements .
Net losses psid Curing the
rear ' mciuuinx saiuss-
ment expenses ' . S 276,461.55
fCcmmissiona .and salariea
paid during tho year 224,905.45
Taxes, licenses snd fees
psid during tho yesr 91,591.09
AnounS of all otner ex-
penditures 79.372.26
Totsl expenditures -I 612,330.3a
v-"- ' ''' "'ASSStS '
Value of stocks and bonds
owned (msrket value) t 1.014.890.50
Cash in banks snd on hsnd 161.73e.0-J
Premiums in course of col- ' '
"! tertian written alnee Sen-
r tmber SO, 1923 1 ; ' , 207.281.71
interest and rents dco snd
sccrued 6,865.86
Reinsurance recoverable on '
psid TotseS t-- ' 4.744.B5
Totsl sdmitted sssets .. 1,415,505.94
xtssumsi '
Gross - clsims ' for - losses
nnpsid . , 72.949.00
Amonat - of . nnoarned pre- g - : f ,
miomsi on sli outstsnd-
- ing risks j
Duo foe commission snd ,
brokerage : lr".. "
All other liabilities '
538,580.31
4.000.00
19.lBl.45
Totft Ijabillties,3 oxeln-'"
sive of esDital stock of '
$300.000 J90 ...
684,690.76
Basin ess la Oregom for tho Tssr
'! mrninms Mizk6u
1; J- fti
8,0202
3600
Lease incurred durinr the
-yesr 3.363.05
PATRIOTIC INSTJRAHCK CO. OT ,
- - AMEBIC! ' ' - '
' ' 'P. T. Kelsey," Prosident.'P ''-' 4 -'
. Elliott- lu. atiddleson. fleCretsry.
Statutory 'resident - attorney- for service.
-T-liuaraikc 0ommiiioiisr.r.ii: ,.t'.vL...
- I T, . .: . - ....
filed as a candidate for. the. repub-
fcan nomination for representa
tive from Um 16 th representative
district, Clackamas county. His
slogan Is "Industrial improvement
law enforcement, economy and
service lu government are my
aims."
A kind writer tells the girls how
to fill their hop chests. But
filling a hopo chest is the least
concern of the girls. It's what to
do after they are filled that
worries the fair damsels.
Synopsis of the Annual Statement of the
STANDARD r IHK IXMl.'KANt'K
' COMPANY
- . .
of Hartford, In the State of Connecticut,
on the thirty fint day of Decembtr, 192.7.
n.ade to the Insurance Commissioner of
the State of Oregon, pursuant to law:
Capital
Amount of capital atock
paid up ! 8 5O0.QQ0.0O
Income
Net premiums received dur
ing tbo year 8 .31.240.37
Interest, dividends and
rents received durias the
yesr 64.94L82
Income from other sources
received during the'year 51,076.20
Total income 8 847,258.39
msDursements
Net losses psi't 'during the
yesr including adjust
ment expense 8 393.809.23
Dividends psid on cspitsl
stock during the yisr ... 40,000.00
Commissinnk and . salaries
paid darine 'the year .... 263.620.13
Taxes, licence and fees
paid during the year .... 39.127.54
Amount of alt other ex
penditures . : 133,379.97
Total expenditures S 869,936.87
Asssts
Vslue of stocks and bonds
owned (market value)... a 1.360,940.10
Cash in banks and on hand 86,301.90
Premiums in course of col
lection written since Sep
tember 30. 1923 126,360.93
Interest and rents, due and
accrued I7.SI4.G.
Total admitted assets ....8 1,590,817.58
UaUlltlss
Gross claims- for losses
nnpsid 74.636.52
Amount 01 unes'ned pre
m turns on all outstand
ing risks 811,605,40
AU otBer liabilities 17.182.01
Totsl liabilities, exclu
sive of capita' stock 8 803.423,93
Business In Oregon for tao Tear
Net premiums received dur
ing the yesr .- ? 10,171.45
Losses ' psid . during the
yesr 7.566.20
Losses incurred during the
year - e.UHt.ss
M. L. Hewes, President.
H. B. Anthony, Secretary.
Statutory resident attorney. foK seri:
Synopsis of the Annusl Ststement of the
XORTHWKSTERN MUTUAL
FIRE ASSbCIATlON
of Seattle, in the State of" vashinrton.
on the thirty-first day of December, 1928,
made to the Insurance Commissioner of
tne btate ot vregon, pnrsusnt to law :
Income
Net premiums received dur
ing tne year . a s,ua4,t.tv
Interest, dividends snd
' rents received during the
year 71,829.01
Ineomo from other sources
received during tho year 25.124.28J
Total income $ 3,152,722.96
Disbursements
Ket losses psid during the
"year including adjust
ment expenses f 1,313,033.63
Dividends psid policy hold
era during the year :
Commisstons snd salaries
paid1 during the yesr ...
87S.195.89
731.884.88
57,087.29
11.75.09
Tsxes .licences sad fees
. psid during the yesr
Aorannt ' of nil other 1
penditures
Totsl expenditureo ...8 2,932.956.71
Assets
Vslue of real eststo owned
msrket Value) 8 4,740.00
Valus of stocks snd bonds
owned (msrket value) 1,619,670.68
Loans on mortgages snd
collateral eto. 65,450.00
Cash in banks and on hand 326,449.88
Premiums in eodrse of col
lection written since Sep
tember 30.-1923 437.24J.48
Dae from reinsuring com-
panies for tosses paid 12,769.05
Interest snd rents due snd
sccrued 25,515.72
Total admitted assets $ 2,491,842.81
Liabilities
Gross clsims for ' losses
unpsid .. 119.007.94
Amount of unearned pre
miums on all outstand
ing risks 1.759.692.12
Uuo for commission sndv' -v
brokersge s. 2. 773.70
AU other lisbilities .. - '44A.967.37
Totsl1 lisbilities . ..Jf -2,d43,41.13
Business in Orecon for tlin Tear
Ket premiums received dur
ing the year a ti42.747.07
liosses psid during the ' '
Yesr ; . S1.465.53
Losses incurred during the 1
Jr . 4 i:m,(9S.1U
AUlfiiiWKSTfctt.N M LJTUAIi . t IBB
1 ASSOCIATION v.
F. J. Martin, President- -M.
U. L. Khodes. SecrotsxT.
Etstntory resident attorney for-service,
MUDert n. Martin. . .
Synopsis of the AnnnaJ Statement of the
A3IEIUCA IJBt'GCilSTS?
of Cincinnati, in tho State of Ohio, on
tne tniriy-nrst ncy ot -UecnuiK-r. 19ja.
Disde to the Insursnce Commissioner of
tho Stste of Oregon, pursuant to la
Amount of capital stock
paid np ...... 800,000.00
lBcoms
Ket premiums received dur
ing the , yesr $ 326.873.73
interest. ' dividends and
rents received during the
year 42.447.57
Ineomo from other sources
received during the yesr 1,400.04
Totsl income $
Disbursements
370,721.34
T
128,450.24
Nrt losses paid during tho
year including adjust
ment expenses -. ....8
Dividends psid on cspitsl
stock during tho year
Commissions and salaries
36.000.00
33,938.25
17,028.96
paid durinc the year ....
Tsxes, licenses slid fees
paid -durinr the year ....
Amount of U other ".ex-..
penditures v
68,062.79
' Tethl expenditures ....
Assets
:f 83.480.24
Vslue of real estste owned
(msrket valuM '.:.i,..
Value of stock snd bonds
' owned (market value I....
, 46.785.46
976.970.00
Cash In bonks snd on hsnd
19,710
Premiums in coarse ot col
lection written since Sep-
, tember 80, . 1923
Interest snd. rente due snd
.' Sccrued .. ,fc.'..:....j..
All other sssety .... .
47,692.54
9.909.G8
- 602.70
J. Tdtal admitted assets ... I.101.C7ff.60
, suaouHien
Gross claims for losses
nnpsid .2L. :...:..$ w.SST.sl
Amount of . Unearned prs-. ,
1 miums on - all butatSnd-
ing risks 173.593.07
All. other lisbilities . 25.239.83
Total - liabilities, exeln- .
i Sive of capital stock..;.....! 203.390.
BtuiBosf t;Pregon lou9.JffX.
Net premiums received dur; iw . Vv .
j ing the yesr 1 8.069.29
Losses naid durinr ths veaI .?'' .' '
- nwt y . : 4SrtKJ......v Jf -sir i.2vaa
Losses ' incurred during the,. '
year net 1.277 .88
! TUB AMtKat-'AJK DUUOttFSTS S'IKIS
r INSURANCE -0.
'. Cliss. H. Avery,-President.
Prank II. Praerieka. Secretary.
Statutory resident attorney - lor service,
l. .mt( a. Wr4.r -
LOTZ-Uffl
E
Largest Body Yet Found at
Santiam rroperty tn
countered Monday
Another sensation was serving
in the Santiam river canyon Mon
day evening when the day's round
of shots were fired at the Lotz-
Larsen mine on.fjie Little North
Fork of the Santiam river.
In the Minnie E tunnel, the
largest of the various tunnels on
the property, and which is now
pearly 1200 feet fack in the hill,
a new rich strike of copper ore
has been made. Assays have not
been returned so figures are not
available on the ton value, but it
is the largest body of Us sort that
has ever been opened up on the
Little North Fork.
This strike wa3 not altogether
a 'surprise to engineers on the job
aa formatipn and vein matter for
.some time has been indicating
tbat an ofe body of huge dimen
sions was not far ahead, and Mr.
Farmer, the engineer from South
ern Arizona who visited the pro
perty two weeks ago reported that
within less. than 10 feet the body
could be expected. His deduc
tions were made entirely from wall
and breast indications at that time
Mr. Farmer is a man of many
years seryjee with Clark and other
interests, made the statement, that
Oregon residents must be awak
ened to the gigantic mineral pos
sibilities in the Cascades, should
be considered. His report of the
Lotz-Larsen . property was of the
finest and highest grade.
Thar north side extension of the
Minnie ta where ricn ore on a
small-streak was opened a few
days ago, has now opened up to
several Inches in width. This
mades the property all the more
attractive, and is proving rapidly
the convictions of the men who
could. see the possibilities of big
earnings, for always there has
been only one problem and that
was "is there ore in quantity
there" ;that is proven in the af
urinative without question by
these many strikes.
FRUITLAND
The Ant-I-Cans class is going to
hold a. penny social in the hall over
the store Saturday evening, March
22. -
Ti J Cade went to Dallas to
visit Jois, brother Sunday. His
brother was seriously burned at
a 1 logging camp last week. Skin
may have to be grafted in order
to save fhe legs.
Al. Wood and family from Ger
vais were visitors at the Evans
nome sunaay. . -
The hill has just been cut down
and grading started on the new
road past the Evans, Billey and
Cade farms.
' Mr. Hammer and Roy Hammer
are putting in a field of potatoes
I BRUSH COLLEGE I
k
Evelyn Munson gave a party to
the intermediate Sunday school
class last Saturday evening at the
home of Mrs. A. Olson. Games,
Irish songs, ice cream and cake
made the. moments fly.
A. D.j Fred and Frank Olson
and "wives, motored to Newberg
last Sunday. ...
Mr, Marshall and family of Sa-
len, spent Sunday afternoon- at
the Al Steiner home.
Pomona grange will be held at
the school" house next Saturday,
March 22, an all day session.
The Berean Sunday school class
will hold a party at the John
Schindler home next Thursday
night.!
Stanley Perrine ot Middle Grove
spent the week-end at the Munson
home.
Alta Shea of Salem was visit
ing Mrs. A. L. Steiner over the
week-end.
Parent-Teachers' meeting last
Friday night was well attended
and a good program was enjoyed.
Irene Cutler, Claudle Newbill,
, -Red Pepper- Rub takes the
"ouch" from sore, stiff, aching
joints. It cannot hurt you. and
it certainly stops- that .''old rheu
matism torture at once.
'., When yotj are jsuffeTing bo you
can hardly get around, , Just try
R4 Pepper Rub ajid you will have
Ihe quickest relief known. Noth
ing has such concentrated, pen
etrating heat as i-ed peppers. Just
as 80.04-as ;you apply Red Pepper
Rub you will fpel he tingling beat.
Ialthreeinlnuteji it warms the
Boretrppt , thorugh and through
Pais- and soreness are gone.
!fAsk any good druggist for a jar
ot Rowles Red , Pepper . Rub. Be
&fjj to- get the genuine, with the
l iwmi-f Rowles -an- eaca package.-
P-S J-.. - ji' .- ... ,.r ..... .
OH NEW OR
IS RELIEF
FOB 1 Wll
Elizabeth, Singer,,, Francis Olson,
Miles Munson' and Paris yvins-
low, gave a -pantomime; Mrs. Ar
nold Smith a piano solo? Rosie
Krall, . Marjory Harritt, Miles
Munson and Dale Newbill, a song;
Elizabeth Singer a recitation; Mar
garet Steiner and-Mr. Wax of Sa
lem a piano duet; Dale Newbill,
Miles Munson, Rosie Krall, Mar
jory. Harritt, Marjorie Oliver and
Irene Olson a tooth-brush drill
and Miss Crump Jot Monmouth a
solo. After the business meeting
Professor Beaty of the normal
gave ur ayvery interesting and
enlightening talk on the "Rela
tion Between School Board and
Teacher."
PERSONALS
Capt. James E. WeBt, Portland
Kiwanian, was a guest at the Sa
lem Klwanis club luncheon Tues
day. Harry Levy was in Portland
yesterday to attend thes' funeral
services of Ralph Bacon of Salem
who died in Albany as a result of
a collision between his automobile
and an Oregon Electric train at
Talbot.
Mrs. N. S. Wood is confined to
her home at 009 Broadway on
account of illness.
A. E. Trask of Corvallls was a
recent visitor in the city.
Frank Rein hart, "a freshman at
the University of Oregon, is spend
ing the annual spring vacation
period with his. parents here. He
was graduated from Salem high
school last June.
Eugene people in the city yes
terday included Mrs. Mabel Baird,
Bert Baird, Peggy Baird, Anna
Blakely and Mrs. Irene Shields.
Ernest GIvan of Bly was in Sa
lem Tuesday.
George W. Hug, superintendent
of schools, left for Portland Tues
day afternoon on a short business
trip.
Carlton Savage, private secre
tary to President J. S. Landers
of the state normal school at Mon
mouth, wag in Salem for a short
time yesterday while on his way
to Portland.
. Richard Shepard of the Termin
al Hotel company, who is located
at Albany, will return home today
after a short business trip in the
city.
L. C. Porter of Klamath Falls
was a recent visitor in the city.
Eleven Carloads Prunes
Are Sent to Rotterdam
Sale of 12 carloads of prunes,
11 of them going to Rotterdam,
has been announced by the Ore
gon Growers Cooperative associa
tion. These were sold to New
York buyers. The destination of
the twelfth carload is not known
here. AU of the prunes were
4 0-4 5s and packed in 25 pound
boxes representing about 750,000
pounds. This is to be deducted
from the 6,000,000 pounds now in
the bands of the association.
That Oregon prunes are begin
ning to mpve in consumption chan
nels at a low price from the retail
er is evinced in a recent issue of
the Brandon, Manitoba, newspa
per, which carried display adver
tising quoting Mistland prunes at
75 cents for five-pound boxes, or
15 cents a pound for the better
grade of fruit.
GENERAL MARKETS
WHEAT
LIVERPOOL, Mar. 18. Close:
Wheat, unchanged to d lower;
March, not quoted; May, 9s; Jt 'y.
8s, 10d; October, 8s 9d.
PORTLAND, March 18. Grain
futures: Wheat, hard white,
bluestem and baart, March, April,
May, $1.01; soft white, western
white, March, April, May, $1;
hard winter, western red, March,
April, May, 95c; northern spring,
Marchr April, 96c; May, 97c.
Oats Unchanged.
Barley Unchanged.
Corn No. 2 eastern yellow,
shipment, March, $32.50; April,
May, $32; No. 3 ditto, March,
$31.50; April, May, $31.
Millrun March, April,
May,
$24.50.
Hay Unchanged.
DIUKJ) FRUIT
NEW YORK, March 18. Evap
orated apples, firm; prunes steady;
apricots, firm; peaches, quiet
I
SALEM MARKETS
An advance in prices of head
lettuce Is being predicted here by
local grocerymen and market
keepers. The price is expected to
rise from three heads for a quar
ter to two heads, for the same
price. California hothouse cucum
bers"are being offered at two for
35 cents, with the larger sized
vegetables at 25 cents each
OKAZH 4XD HAT
Ns. 3 wkaat , 901
N. S red vrhent, sacked , Ma.
OsU. . 45 481
Ohsst hsv S12 6 til
Ost-nsr ; 9lt & U
Glover hay, baled SIS & $14
rncM quoted are wsoleaaM im an
prices .- received by fsmsrsr; No; ratal
prieea are fiven-
EGQ8, BT7TTEX, XTJTTEBTAT
Creamery butter L ...;.Sbe O-Sle
Butterfat delivered .....49e.
' Milk, per ewt i....$2.10
Egrs, selects . -.,,,..,, 18cj
Standards , 16e
Pullets .,, i lc
TOTJIiTST
Heavy nsas-
.19s
sCsdism and lifst hsns
.14
po&k. inmoi Aim mr
ftocs. Sop, 150-s5 lgs cwt S7.60
Hogs, top, 225 75, - st na
Hoes, tept ITS 100, 6.50
UAt sows, cwt - at on
Roarh fcssvy O IK
Top vest. --
www ,, oafc- a osi
Top lambs
UNUSUAL DIH
III SEEM Will
One That Is Attracting a
Good Deal of Attention,
in the Stiff Store
There is an unusual display in
the east show window of the H.
L. Stiff Furniture company, on
Court street in Salem. This show
window dressing is attracting con
siderable attention. . '
In the background is shown a
48 inch Brunswick reeord'and In
the center of the record the fa
mous artist, Al. Jolson- At either
side ia' painted a panel of cream
showing a record ot the latest hits
by Al. Jolson. A Brunswick Con
sole model appears in the fore
ground, with a reproduction of Al
Jolson placing a record on the
phonograph.
The foom represented, in itself,
speaks of comfort and harmony as
to drapes and Oriental rugs.
There are three other panels
calling attention to new selections
of Brunswick records and phono.
graphs and the easy payment
terms on which one may buy a
phonograph-
M. J. Marquart, decorator for
the Stiff company, is responsible
for this work of taste' and art
showing patient attention to detail
and commendable skill in bringing
out the ideas he wishes to dis
play.'
Five Opinions Handed
Down By Supreme Court
The following opinions were
handed down by . the supreme
court yesterday:
L. B. Brooks vs. Perfection Tire
company, appellant; appeal from
Multnomah county; suit to rescind
conditional sales contract and to
recover money. Opinion by Chief
Justice McBrida. Judge George
Taawell affirmed.
P. S. Kaadt vs. Regina Kaadt,
appellant; appeal from Multnomah
county." Suit for drvWce. Opinion
by Chief Justice McBride. Judge
Robert Tucker affirmed.
W. L. Cooper, appellant, vs. F.
W. Sagerf et al; appeal from
Washington county; suit to set
aside deed. Opinion by Justice
Bean. Judge George- R. Bagley af
firmed.
Hattie Butterfield vs. State In
dustrial accident commission, ap
pellant; appeal from Coos county;
suit on motion to dismiss appeal.
Motion allowed in opinion by Jus-
tice-Coshow; : -
George Van Kotea vs. state In
dustrial accident commission, ap
pellant; appeal from Marion coun
ty; appeal from Judgment of cir
cuit court reversing industrial ac
cident commission which disallow
ed claim of Van Koten for com
pensation. Opinion by Justice Co
show. Judge George G. Bingham
affirmed.
PRINGLE
The evergreen blackberries were
nearly all killed by the severe
winter.
Mr. Pearsall put out 10,000
strawberry plants last week.
Mrs. Hickman who has been
taking treatment at a Salem hos
pital, returned home Sunday.
Earl Meeks has come home for
the summer.
Mr- Foster has taken out his
loganberry vines.
Station KPKX of Hastings, Neb.
announced Monday night that
there was plenty of snow on the
ground there.
There is great need of more
road work, and a better distrjbu
tion of what is done, in this dis
trict. .
J. M. Coburn is drilling his
spring wheat this week.
Pringle school board has receiv
ed a number of application of
teachers to be considered in the
near future.
SUNNYSIDE
Mrs. D. S. Pearson made a trip
to Portland, returning Monday.
Mrs. Newby's daughter, Irs.
Bowen, of Estacada, is visiting rel
atives here for a few days.
A number of friends and neigh
bors . gathered at the.W. D. Ed
wards home Sunday, it being Mr.
Edwards' birthday anniversary. A
picnic dinner was served.
The Sunnyslde Community club
CAPITAL BARGAIN
HOUSE & JUNK GO.
j buys and sells furniture, hardware1 dishes, stoves, ma
s chinery, pipe and plumbing; fixtures.
We Pay Cash for all Kinds of Junk
:' PHONE 398
I Foot oi County. Bridge,.'
1
?El!lES
- - - : - - - - -
The Men. and-Women VVhcf t
..vvm pe.iRine.rnrnanes;
On the 16th of May :
n f
ments of the Candidates fpr noml.
nation at the primaries May lfth.
The list will be extended from
day to day: - "..
CZTT OT BALEkf
M. POTTLSEH
.
Will be a candidate For City Xscoider
ai nit primary ubcuvi j&ay tot. Urn
proroisea,
isea, if chosen ifintat servtca I
Strict snd ' lmpartial"law 'safn'rea?'
and
went.
i-
0. O. SICE. . t I
Is s candidate for City-TrssioMr at
the primaries May -16th.-He pronnsw
ths same , efficient service ns nss sV
srsys siven. . '.'
. J0E0, W. JB10K3U.. Vr'-vA.....
Announces bis candidacy for city Bs '
corder at the primaries stay 16th. His
slojan: Give toncst and fair treatmtBt
to slU . . :
JOHH B. OltSY -' J '
Will be a candidate In the primaries t
May '16th for reelection aa Mayor et
Salem. If chosen, be will dvot4 ths
same attention to ths sffsirs of the riti
government that tie has 'been riviuc
with the hope of helping to aecorapliJi
stilt rreater efficiency la the city
-rnment. and ot still further aid ins i
the growth snd development of Salenv '
kakiov cotnrrr
JEEOME P. JOKES '
Is candidate for County Jodfs of ifav
ion county: Kquat and kact Jnstirs
t sit, is bis slot sn. . - ; -t , . .
JOHN H. CABSOIT
Will be a candidate-
for Proaacatlnf
Attorney of Marin county at the H
publican primaries May ICth. Us vilt
stsnd Jor the striet e(oreemeSt of lbs
- lsws. ,-tj,, j. ,,)(, j - ' a
' " " -." '' TJ " ' .
a. o. mcmuxen -
Is a' candidate for Constable of Salea
district. ' Recommendathtn fcy 'JndM
' Bushey: 'As true as officer a evnt "'
wore s atar." . About - Ti year erpe '
ience as. n pence officer. 4
rXAVK T. WBIGHTKAJIi
Is a candidate at tne KepnbUc prl
uariea May 16th. for Connty Jndffs l
Marion county. Ilis slogsn: Strict econ
omy on business lines, with fair treat
sunt, lower tsxes and enforcement e4
ths lsw.
JOHN A. JTEFFERSOK
' Is s csndidate for CoasUUs for Bslera
district. His aloraa: Ho interest U
serve but the Fubbe Interest.
IVAHE MOELET ' "
Republican candidate far County As. '
Sesser of Marion county. Has aa. Aa
eriean family of five.' Heavy taxpayer.
School teacher for Xi years; five yssrs
sneeessfnlly in grocery business in Sa
LLOYD T. ' f t -
AVlll be s candidate in the Repoblfesa
primaries May 16th for Coroner of "Mar-.
, ion county. It aucceaaftil in the primar-
iea and at the. polls, he will give the"
duties of his office the same faithful
, attention that ha hss given during bis -first
term, which he is now serving.. ,"
. (STUB) SMITH
Will be, candidate in ths Republican
primaries May 16th for Constable ot
the Salem district. Resident of Salem
nearly 40 years. If nominated snd
elected, he will do bis duty snd play n
favorites. . -
TJ. O. BOTEB - . -
Will later annonnee bis candidacy for.
Connty Clerk ot Marion county.
CLARK O. GROVES
Will be a csndidate for Constants in ths
Republican primary election May loth,
Has served for many years in capacities ' :
qualifying him for ths dntiea . ef . tht
place. If nominated s and ' sleeted, he
will give the dutiea of the office bi
most fsitliful attention, witlout fear o
; fsvor. - '. .
P. J. KXTNTZ . .1,
Is s esndidsts for the offics of Justice
of ths Pssc of Salem district, st th
Republican primaries May 16th. So wtO
appreciate your support.
RALPH THOMPSON . . .
Is a candidate at the Repnbllrsn pr
maries May 16th., for Sheriff of Mario
county. Hia slogan;- Justice withent
favor. I '" ' - .... ;-iU
W. H. DOWNING
Is a candidate foe County Jndgs of Mas
ion county at the Democratic primaries'
May 16th. lis pledges law eaforcemest
and reduction of taxes by spending lean
' money. ' ; ' . ''
PtHLK COU1TTT i...
A L. KEEKIY ' ' i . -, ''
Will be a candidate In th Republican,
primaries on May 16th for Bnmriratio. :
. for Coroner of 1'ollc county. Mr. Keen
ey, if nominated snd elected, will per
form the dnlies of tt -offic fsiUifstly.
ant ernnAmieallT.-
met Friday night. After the pro-
grara lunch was served by the wo-
men. The club is practicing on a r
couple of plays to be given at tha
next meeungj
M. S. Chandler of Silverton
made a trip to this neighborhood ;
Saturday. . . ' ,..
The orchard men - are getting
ready to spray.
W. D. Edwards has a; new ad-
dltion built on, h,is. store. , .He ' is
planning on serving, lunches and .
ice cream this summer.
C. H, Taylor iar bus plowing"
his orchard. '
Center and Front Streets.' a
'tu'iiiini.i.i;ia;.:
5
J .1
i.1 :
V
i
fl