The Oregon statesman. (Salem, Or.) 1916-1980, April 12, 1925, Page 7, Image 7

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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
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