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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (April 12, 1925)
A BIB BK ll,'.S nnnur Tn rirnrnn i iirrif" 111 tiii rim UUI.JL IU UMLLI1I ABoring Mill and Other New Things to Be Seen at the Salem Iron Works George W Shand of the Salem Iron Works is very: proud of sev eral new pieces of machinery that have just been installed there. Amoaglhem is a boring rnill. This tool weighs 20,000 pounds, and it stands up as high as an ordinary Pyr"tU t the Annual Statement of , The Pennsylvania Fire ! Insurance Company I of Philndelphia. in lh fiaie ef ln""''J ,mU, n the 311 day of December. 1924. Hide to the Insurance j Comnns"er of ll.e Slate of Or'"", pursuant to law:j - Capital Amount of capital stock USUI HP 1,000,000.00 . ' income Net premiums received, during the year uterc.st. dividends and ; renta - received during the year .. Income from other source teeeived !urinfr the 5,6SC,7Ca.24 528,902.30 i i ; . . , i jear Total "Sdcoii 6,,j.:.,,:Hi.3f Disbursements Nrt loiisri paid during the year including ad justment expense Dividends paid on papitjil stock tin ring the year.. Commisaions and salarre ; paid during the yer?r i "faxes, licenses and fee paid during the ycai Amount of all other ex penditure .. - Total expenditure Asset :: Value of r real estate owned (market value) f Value of. stork and bonds owned (market value) .. -- lnans on mortgages and collateral, etc. Cash in banks and on hand I reniiuras in course of collection written since September 30, 1924 .... JU-uaiuranre Tejeoverahl on paid losses ,. Interest and - renta due . andaecrued Total admitted aets..$ XdabiUUe. . Cross claims for losses unpaid 9 Amonn of unearned pre miums on ail outstand ing risks Due for commission and brokerage Alii other liabilities . 2,607,040.03 " 52 50,000.00 I 1,772.5.2.0 :" & ! ! :! ! j 1 '' ;253,10.91 -809,j3I.-. JV75.1.420.O:. 1; ;,; ;r J 25,000 .0 10'97B,6.T9.76 ,00l$.82 ! ,r,is.40 7.2! 7C9.SO N -14S 983.13 12,873.77.90 :.Ml.l-T-h 654. .46i.OO i t r4co9, 1-17, 27, 212.80 2li.0T 582.35 Total liabilities, ejtclu- 1 nf citnital stock I of 1. 000.000.00 ......9 r 7i638.476.lfl Business in uregon isr uie i u Xer oremiums received during the year .-$ ! losses paid during the year ' losses incurred during tftk n Y e j 77,246.23 70,554.06 I 2,697.0fi flJE PKXSYl'VANIA FIRF. SNS. C0 Cecil F. Khaltcross President I ' - Robert Xewhoult. Secretary. Statutory resident attorney for service: II. K. XmiUi. - I t - : r i ., . L .... r i .-: : , - : . : r. . i . - ;.!-.!. I ; ' 1 1 JiMMOUNCEMENT ceiling. It jean bore a hole in any kind ot metal, and do it quickly. A big hole or 8 little one. It has 18 different speeds. It will do the work of this kind much better than it was done before, and in a i third of the time. The boring mill was manufactured by the Nlles Tool Works. Hamilton. Ohio. I Mr. Shand has also a new turn ing lathe -a big one; 21 feet be tween centers. - This Is one of tne best .tools of its kind, manufac tured by' Schumacher & Boyes, Cincinnati, Ohio. i Hit n if ijimh i turic (The Salem Iron Works is do ing a lot of WQtk. A vast amount of brass casting work is now be ing turned-out' for the fruit and vegetable canneries of this terri tory. Some 40 canneries have been getting work here. Some complete delivery systems for can neries have been and ate being made here. Also, 200 Shand centrifugal Svnopsia of the Annual Statement of t!ie National : Casualty Company of Uetroit. In the State of Mir hi ran. on the 31st day of December. 1924. made to the Insurance CommisHionar o; the State ot Oregon, pursuant to law : I . capital Amount of. capital atock paid tip .. s 200.000.00 I i Incoma Xt premiums received during the wear S 1.397.315.37 Interest, dividends and renta received . during Ithe year . .i .... i 29,402.81 Income from other aourcea received during ' the year 44.992.55 Total income S 147.171.73 I , Disbursements Net ' losses paid during -. the year including ad justment expenses 603,579.44 Dividends paid on capital stock during the vear.. 32,000.00 Commissions and salaries paid during the year.... - 475.924.90 Taxes, licenses and fees paid during the year.... 34,502.96 Amount of all other ex penditures . ; 225,911.52 Total expenditures ... 1,371,918.83 : i : i Assets Value of bonds owned ((market value) ........S 612,382.93 Louns on mortgage and collateral, etc 29,000.00 Cash in banks and on hand 81.874.74 Re-inturanee . ;.. 6,u7M.lti Interest ; and. renta duo and accrued, 10,181.97 ,Total admitted asset. ...f : IdablUUea Gross claim for louses unpaid i $ Amount of unearned pre mium on ill outstand ing risks ,. Due for commission and brokerage All other liabilities . Taxes .. 739.517.71 60,800.00 i -! 1 10,000.00 2.000.00 4.500.00 2,000.00 Total liabilities, exclu sive of capital stock ' I of 200,000.00 S 333,300.00 Basinesa la Orefon for the Tear Kt premiums received ,- during the year $ 6.287.15 Losses paid dnring the ' year jk 2.033.45 Losses incurred during -.- i , i the vear - 2.023,45 .XATI0NWL CASUALTY C0MPAXV 'fA 4 ' V W. G. Curtis. President. 1 i :i i " iK. A. Grant. Secretary, i I Statutory resident attornev for service: H. Jt. Davis, fortianrt. uregon. Monday r U;k 1 ; I ' 7l MASONIC pumps have been or, are being turned out here. The state; high way . department has recently taken a dozen of these pumps, for use on paving Jobs. Mr. Shand is working on an order for a 200 ton press. j. r -'-: The above are just a few of tue high lights of an increasingly busy institution. ! March Enjoys Deserved Fame As Month of Wind WASHIXOTOX, j April 11 March of all months in the year still continues to hold the record for high winds, although the big gest wind ever actually measured blew across Mount Washington on a January day ' ' . V ! This record, was made January II, 1878, when a velocity of 186 milas an hour was recorded on an official anemometer there. - But high winds reach their greatest number inMarch. particularly in the country east of .t.he Mississippi river. t f -'" f ,. . : : . "How 4 strong was the wind" is a question often asked after a destructive storm. The, American Nature .association says .the an swer is liable to be misleading, for it is almost always stated in terms of speed rather than. force. The force of ;a wind can be in dicated accurately; by saying what pressure it exerts! Jn pounds per square foot upon a surface at right angles to! Its path.. -This pressure varies approximately as the square of the speed. Thus a wind of 20 miles; an hour blows about four times as hard as one of ten miles an hour and a wind of 30 miles an hoar blows about nine times as hard as one of ten miles an hour. In such storms as the one which swept through Illinois the uprush- ing air attains pa" aieed of 2,000 feet or more a minute. t: - Manila Wants Drydock To Meet All Demands MANILA, April 11 A move ment for the establishment here of a drydock and yards of suffi cient capacity to accommodate the largest ships on the Pacific , has been started by shipping men and government officials..- It is point ed out . that under present condi tions vessels under the American flag which make Manila their, ter minus, are compelled to proceed to Hongkong or Shanghai when re pairs of any considerable impor tance are necessary. , "Fat men have; more; faith." They need more in this suspender less age. . - . . evening, April completion of We have completely remodeled the store and are now equipped to serve' you better efficiently than ever before. The store is refinisjied in light grays and blues. A larger fixture display is provided, and by special arrangement with Mr. Staples we have place where one may come We Waint.E The store TEMPLE EL J LITTLE Mil OU THRIFT BY STRAUS Collateral ! Effects on Our Lives Worth More Than Mere Money Values f (By .S. W. Straus, President Am i erican Society for Thrift.) f 1 i , . Many of the greatest business organizations of the present day owe, their origin to the careful frugality at some strong-willed man who knew the value of sav ing the pennies. 1 . ' In none of these cases was there a great amount of money Involved at the beginning, but the processes of saving small sums developed men of strong character whose strength of will brought success. When we save money we should not think exclusively in terms of dollar and cents. We should re member that these practices j of thrift are developing character as well. - . :. . ' : On the otier hand, those, who squander money should not de ceive themselves with the belief that their losses are financial ones alone. They! 'are losing opportuni ties and throwing away careers. Saving money is within itself a most commendable ' performance when it is accomplished in the right spirit. But Its collateral ef fects upon our ilves are worti In finitely more than the accumula tions we may lay by through, our frugality. j j Thrift is not entirely an econ omic virtue.;! The thrifty man is happy not. jnerely of his finan cial independence. In a finer way, he Is happy because of the .wholesome . effects his thrift has on his own moral standards. He is sure of himself. He knows his own strength. He faces the future without fear. He knows that he will never be a failure because, he has shown himself to be the master of his own actions. ! It is in these ' respects that thrift proves Itself of the' greatest value to any man or any woman. Accidents Are Less j People More Careful i i ! WASHINGTON. March 2 Great progress has been made in recent months In reducing th number of fatal automobile acci dents, according to an announce ment just made by Secretary Hoover, who is cooperating with 13, at 8 p. m., 1 ' ' ' " I II III I I 1 1 I .1 I II . I . I ..... . eleven successful years of business m, Salem. to wait. will be decorated Consider this your own personal invitation. If It's Electric, Come to Us ECTRIC 'F nn F. S. BARTON, state and municipal bodies to re duce the. jnumber of accidents from automobile traffic. A marke4 reduction in the num ber of deaths by automobiles Is shown In trie figures for the last few months In 1924 and in the first months of 1923. ; Estimate were based on reports received fnjm twenty-eight of the sixty-eight cities' in the country having a population of more than 100.000. Tin seven of the first ten cities in the country the reduction ! of fatalities over! the correspond ing months the year j previous, was thirty-four pier cent.: In an announcement authorized by the steering committee of the National Conference on street and highway safety, which was organi zed at the instance of Secretary Hoover, the stamenet was made that rigid enforcement of existing traffic laws will do more than anything el!se to reduce the auto mobile accijlent rate.! j In the committee's program for the TOming year; one feature will be an intensive study of adequate traffic enforcement. New com mittees will be appointed by Secre tary xioover to deal with uniform ity of laws Jand regulations, enfor cement, causes of accidents and metropolitan traffic facilities. Secretary Hoover . stated that two purposes; of the 1924 confer ence had been accomplished: First to focus; public attention on the traffic accident and death rate each year, nd, second, to prepare a comprehensive national! program of accident prevention given in the report of the 1924 conference. Hazel Switch Vindicated When Diggers Find Water PROEDLITZ, Czecho-lSovakta. April 11.4 The people of Proedlitz no longer doubt the efficacy of the divining rod a sa means of locat ing water tinder the surface of the earth. They have had a demon stration,! they aver, which Is con clusive. ('.,.. j j .Badly in need of a water supply three years ago the town employ ed Heinricti Otte a local expert with the divining rod, t to locate a well. Hi; did so, but a shaft 90 feet deep give nothing by dry siol, and the project; was abandoned. The town managed -to get along this winter .when existing supplies became scant' and Heinrich again was called in. tie walked about with his divining rod. and as he passed the. old well,; the story eoes. the hazel switch was ac tually pulled out of his hands. Tpwn workmen went to the bot tom of thj old shaft dug down six feet more, and found an abun dant supply.- - I we will hold an to Come and there will be special music. "TT TT Tl Owner LORD BALFoljR OPENS HEBREW UNIVERSITY . ON MOUNT SCOPUS JERUSALEM, j April V 4 The Hebrew University of. Jerusalem, which Is to be1 opened here ApHl 1 by Lord Balfour, who comes from London especially for this purpose, is the first European in stitution of its kind, says the university committee's announce ment, 'to be eroded on oriental soil by an eastern people who, after 2,000 years; absence, are re turning to the east with the cyl- ture of the west The university occupies thesum-jent mit of Mount Scopus. Just outside the gates of the ancient city, over looking the city of David, and in the distance may be seen the mountains of Moab and the Dead Sea. ;The aims of the institution were outlined at the laying of the cornerstones in July of 1918 by Dr. Chaim Weizinann. member of the central board of directors, in part, as follows: "It seems at first sight paradox ical that in a laijd with so sparse a population, iin a land where everything still remains to be done, in a land crying out for such simple things as ploughs, roads and harbors, we should be creatine a centet" of spiritual and intellectual devejonments. -But it Is no paradox for those who know the 8ould of the Jew. It Is true that great social knd oolitical prob lem still face usj and will demand their solution. We Jews know that when the mjnd is given fullest play, when we fiave a center. for the developmen : of Jewish con-soiou?nes.-tfteu coinHdentally we shall attain the fulfilment of our material needs. "Our " university, formed by Jewish learning and Jewish energy will mold itself; into an integral part of our national structure which Is in process ,of erection. It will have a centripetal force, at tracting all thatjis noblest in Jew ry throughout the world: a unify ing center 1 for lour scattered ele ments. There will go forth, too. inspiration and Rtrength, that shall revivify the power now latent In our scattered communities." The university, as completed to date, was built by funds received from all parts of the world, sev eral endowments of - considerable amounts having come from the United States. The language to be used in the university will be the language of th4 prophets of old, Hebrew, and courses; of free pop ular lectures are planned to begin this summer. opening to celebrate the COIPB.II Bulletin on Care of t r Farm Woodlands sssaassmaaaaBMBssssss "A knowledge of farm forestry, applied along simple lines, should make farming more profitable," according to the bulletin Forestry Lessons j on ' Home Woodlands, just revised by the lnited States department of agriculture for gen eral distribution. j ; The bulletin gives the farm woodland a distinctive! place in the management of .the farm and in the development" of the com munity. ,Tne various chapters take up the important local kinds of trees and their uses, the proper location of woodlands on farms. their economic value, the differ- farm timber products, meas uring and marketing timber, util izing timber correctly, protecting and improving woodlands, and planting young timber, j TlvU bulletin has been prepared to give the organized school work in ! elementary and. secondary ag riculture additional impetus in foresry.j It provides material for instruction and furnishes a topic for home projects in forestry that may be worked out! profitably in i many communities. The bul letin contains subject matter ma terial and a plan of study which should be of real educational val ue to the pupils themselves. r f'Forsetry Lessons on Home Woodlands" may be secured on application to the United States imiiwiiiminiiiiiiiiiiimiiHiMniiiiMimiiiinniiiiMiiMHii!iiiiHiiMi!iii'mw-;a !1 Wk 'iS cfe ''DW-.. W. T. RIGDON & SON ; Kstablished 1K91 1 New Mortuary - Cltciiieketa' Street at Cottage jPilliilillililiLJItl.,! and moie anld better a pleasant PHONE 1200 ! : ' -!:-" - - - ! . department of agiiculture. fngton, D. C, free of charge as lonG as ' the . supply . lasts. Afttr that it may be secured from tha government printing office, Wash ington. D. C, for 15 cents a copy. CsERMAX fJIHLS COLOGNE, April 11 Tlio young women of Germany, sinro the war, have been smoking so many cigarettes that nicotine poisoning is common among thm according to; Prof. Knelb.s of the University Clinic. Safe Fat Reduction Why be fat! The answer ot most f;it people is that coiintant dieting is liarii, continual exercise is tiresome and ex haustive -and then, too. it mijlit I.h harmful to force the weight down. That was the old fashioned idea. ToiIst in .Mirmoli I'recriptien 'Tablets all t)ie difficulties are overcome. Just a pleas ant little- tablet after each m. sl and tit bedtime causes fat to vanish. This moJ t rn method is easy, entails no dieting or exercising and has tlie added advantage of cheapness. fiet a . box of these tablets and start taking them now. Within a short-time you will be getting rid of fat steadily and easily without starvation diet or trresome exercise. Yon will he comfortable anil ahle to enjoy the fond you like and want. Kven after taking off iranv pounds, there will be no flahbiness or wrinkles remain ing. You will feel 100 per cent better. AM drug stores the world over- sell Mar mola l'rese ription Tablets at one dollar for a lo. or the Marmola Company, (leu era 1 Motors r.uildin. Detroit. Muh will gladly send them to you on receipt of the .price. Adv. oatmaE A St. XS !ll!!ni,!i.ilil!ill!lll,im':! Uiii!'!(lAvA- "4