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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (April 17, 1927)
j f V - THE OREGON STATESMAN, SALEM; OREGON SUNDAY MORNING, APRIL'-17,' 1927 EXPLOITS IS SC Italian Political 'and Com ; mercial Activity Increas- incr in Africa' "DDIS; ABABA, -Abysslni; (AP) Mussolini's policy ol polit ical penetration In Abyssinia Is In directly achlerlBR, what, the Vati can and b co res of Christian mar tyrs hare been unable to dofwver a period of 1 S centuries v" The Increase of Italian political and commercial" activity during 1926 In this AfrlcgTtkfagdgny 8ynnpis of the Anneal Statement of . the imiTlSH AND FOREIGN -1 1 MttiNE- INS CO LTD. ef , Liverpool, England. en the thirty-first day of iWfmbr, 1926, made to the In ajursne Commissioner ot th iitat of Oregon, pursuant to law: j Inem ; : - Amount of capital stock" . paid np .... u.,9 --200,000.00 Income Net prmium received dor.- . -t inf. the year 751,075.88 Interest, dividends and . rents received duriug the year 129,844.33 loeoma from other sources reeeived during theysar 650,323.16 -'Total income - $ 1,531,243.37 Disbursement "Set losses paid during the " yesr - including ' adjust-' '. neat expenses ... fc 195.643.30 i Commissions and salaries paid daring the year .,. ' 420,770.64 Taxes. licenses shd fees . , .,' paid during the year.:. : 63,478,35 Amonnt of all other " ex penditures .,... , . 1.003,438.69 Total expenditures .... Assets Value of stocks and bonds owned (market value) Cash ia banks and en hand 1'rcraiaras la course of col lection written since September 30. 1926 ....... Interest and rents -due and accrued V Reinsurance recoverable on paid losses ..... Total admitted assets. $ Liabilities Gross claims for. losses-' tfn- paid .... Amount of nnearned prem iums on all outstanding risks . AU other liabilities .-..-, 9 1,683,330.38 J,M1, 535.00 " 111,329.63 " 1 26,680:40 35,027.81 2i;0O1.62 3,055,574.46 596.340.00 237,576.37 S4.T90.65 Total liabilities exclusive t of capital stock of $200,- s ooo.o . t..jk.:...,. 9 8 607.02 Business ta Oregon for the Tear Net premiums received i during the year -77.958.13 Losses paid . daring . the I year -'. .. . 16,139.75 Losses incurred during the year .. 23.896.06 BRITISH FOREIGN MARINE j IVSnRAXfHK rOHPAXT. LTD. I Statutory resident attorney for service;: F Walter J, Burns. -fortiana.. wre. Synopsis of the Annual Statement of the . FARMERS MUTUAL FIRE INSURANCE , ASSOCIATION , ( Washington County, in -the State of Oregon, n the thirtyefirst dav'ot Deeem- bor, 1926,' 'mad to the Insurance Com I miaaioner of the State ft Oregon, pnnu- ant to taw;'- - Capital -'; - Amount of. capital stock - paid up -i - Matual Co. . Income - - Net premiums . -leCBived- during the year i.'-.-8 Interest, dividends . .and , rents . received . daring the year -..;..-....'..- Jneorae from ether aoarcea. . -reeeived during the year Total income '. --. , Sishnraements Ket losses paid'durint'the ' yesr including . adjust-. meat expenses 9 Commissions' and Salaries paid during, the. year-.. . ; Taxes, licenses . and feea paid dorinr she year . Amount of all other e-:; pendiUres 1 i '.8.376.08 542.05 23.50 8,941.63 4,202.95 . 1.730.55 f- 57.64 " 536.31 i Total expenditures ..,1 9 i " Asaeta Vsloe of stocks ajidbonds owned (market value) 9 Lmsii sa mortgages an! , collateral, arte. - -Cash In banks and on band ' Interest and rents due and accrued .... , -. 963,685.86 5,434,75 1.000.00 11,969.94 68.13 Total admitted assets. "18,472.82 ; - UabUitiek All "other Iisbilities,. .re- , . ' serve liability -, 7.144.8 Total liabilities, excldsiv . " . of capital stock of Mu tual Ca. . - . 7,144.88 i jtnxlntsa la Oregon, foe the Tear 2Cet premiums received dorin tha year ... 8,376.08 Josaea . paid .-.during the year -... 4,176.00 Losaea ineturrod dnriag the . vr .f 16.60 FARMERS MtTTTTAL KIRF. IXSURASCE anwiCUITlUJi z vTm.-F. Haaae. President. Krwin Rittevaeeretary. Statutory resideat attorney for service : yaopia of the Aaanat-statement o? the COLUMBL INSURANCE . COMPANY ! of Jersey Cily, in the tat of Xtw Jer sey, on the thirty-first day of December, 1926. made urthe Iasnraace Commission er of th ftutesof Oregon," pursuant to law: , . ; - , Csptui Amonnt oi capital stock ' paid ap , 9 .-. Xae , 2Set premium a ' reeeived during the year -Interest, dividends ' . and - rents received t darihg " the year' i -' Income from other sources ; reeeived daring the year ' Total laeoeso .$ DisVarsements Net losses paid daring the - year iaeloding i; adjust ment expenses .f Ifvidends paid en capital atoek darlaga tha year. . ' Commission and . salaries paid dartng B year..i.- Taxes, licenses aajj iea. paid daring the yea .... Asnoont ol all other ex- paditr 400.000.00 M 16,777.61 89,811.36 89.735.81 1,290.325.68 B37. 853.24 4Q.009.00 S37.905.36 53.724.71 '-1 101,809.58 Total expeaditaeea , jsaawsa Tola of atocks and bonds owned (market value) 9 Cask in banks and on hand , rreaaiunta in eoara of col- lection . written since September 30, 1926 flatereat and rents due and -f accrued j All other assets .---V i Total admitted assets $ ! Ushiiltlea ! Groan claim for tosses a- , I paid - -s--f-' Amonnt of nnearned prem-. ; iama on aU outstanding ( ritk . ' n for commission and f y brokers re . 1 other lisoilitiee , al llabilitiea - exrlnslT a ..nitl atnrk of S4O0.- Afto.oa i 9 rjBuainoe in Oregon premium $ 1,671.292.79 3. 862. 159.64 : 213,098.71 226,009.79 - 30.171.03 3.137.85 2,823.576.53 , Vl7.77.6o . . . 941.346.93 4 ,no4.oo 86,500.00 aria the year r - Pid daring- th fcr ltlOl .823.83 for th YJr . received i -- j daring the 45,577-18 n . A A MwiVk ! IBturrst -- a C-MBiTaN3L;BACB COMPANY v p prloru, s-rr-uu. , IT. Terhune. SecrxetAryw resident attorney for seme: whose ruler, Queen Walzera Zao dltu, claims descent' from 'King Solomon and the Queen of Sheba, Is paring the way, . according to missionaries, toward healing the schism between Rome and the Coptic church of Ethiopia. Christianity was founded In Ethiopia In 341 by Saint Frumen tins, but in the seventh century broke away from Rome and allied itself with the Coptic; church of Egypt. Since then, rwith the ex ceotion of eieht vears time during the seventeenth century, Ethiopian Christians hare obtained their su preme spiritual head by the strange custom of "buying" their bishops for large sums of money from the Coptic patriarch at Cairo. 200,000.00 284.039.79 53,007.76 91.537.39 SrnonKis of the Annual Statement of THE UNION .MARINE INSURANCE CO., LTD. t : r. swi-ol ah tin tbirtv Is - JJIfrrinPVi, siwa,iniw . ' first day of December. 1926, made to the Insurance Commissioner of the State of Orfegoa, pursuant to law: Amount of Deposit capital ta itocx paia up Income Net premiums reeeived daring the year 8 Interest, dividends and rents reeeiveo uunns; Income from other sources reeeived during tne year Total income $ Disbursements Net losses paid during the year including adjust ment expenses Commissions and salaries paid during the year .Taxes, licenses and fees paid during the year Amount of all other expen ditures Total expenditures $ Assets Value of stocks and bonds owned (market value).-, a Cash in banks and en hand Premiums in eonrs of col - lection written since Sep tember 80. 1926 Interest and rents due and accrued -'- Total admitted assets 9 Liabilities Gross claims for losses is paid . Amonnt of unearned prem iums on all outstanding risks Due for commission and brokerage All other liabilities 427.584.94 132.027.25 111,282.14 9,583.95 202,094.81 454,987.65 1.093.855.00 16,449.69 75.986.53 16.514.11 1,202.805.33 210.934.00 113,166.51 8,000.00 24.191.91 Total liabilities 1 exehisive of capital stock ot $200.- OOO.OO -. 35.Z"-.3 Business in Oregon for the Tear Net premiums received cur ing the year ... r ...$ Losses paid during the year -w ........ Losses incurred during the the unToTmTri'nk" INSURANCE tx.. lru. W. C. Spellman. Cnited States Maaager Statutory resident attorney for service: 155.30 50.06 84.07 Synopsis of the Anneal Statement of the STANDARD INSURANCE COMPANY OF NEW YORK of New York, in the State o New York, on the thirty-first day of December. 1926. made to the Insurance Commissioner of the Stat of Oregon, pursuant to law: . Capital " Ardnupl-.!lPlt-..-- 1,000.000.60 - Tnenma - - . . Net premiums received dur ing tae year .. Interest, dividends it rents received dartng th yesr 912.869.65 146,273.32 68.325.91 373,172.20 353,334.90 13.137.83 1.555.70 Income from other sources received during, th year Total income 9 1.137.368.58 Disbursement Net loasea paid during the year ihciuuiub ment expensea.-. ....$ Commissiooes and salaries paid during th year Taxes, licenses .and feea paid during the year Amount of all other expen ditures Total expenditures .- t Asaeta Value of stocks and bonds owned T market.- raftie.'. .$ Cash in banka and on hand Premiums in course of col lection written sine Scp- tember 30, 1926 Be-in. recoverable on paid loaaea -- Interest and rente due and accrued -Total admitted assets f Liabilities Gross claims -for loaaea un paid - - Amount of unearned prem iums on all outstanding risks .- All other liabllitiea . Total liabilities, exclusive of capital stock of $1.- ona ooo.OO 9 740.080.63 2,671vS09.37 518585.54 313.D70.94 6.711.22 26,732.09 3 435.S09.76 116,565.00 45.60S.17 20 000 0O 883.173.17 UW.VW.WV - s.umi tm Oman for th Year Net premiums received cur ing tn year Losses paid during the , year - Losses incurred during the - sVasdard "ijisuRASicis J. A. Keisey. riww. ; , George Z. Day, Vice-Pres. and So y. BUtntory resident attorney for service . David M. Dunne, Portland, Or.- 7,654.80 j 8,970.82 flO.015.82 COMPANY Countless numbers of Roman Catholic missionaries have given their lives in fruitless 'attempts to bring back the Ethiopians to the Roman fold, the most. notable re cent martyr being Michael Ghebre, who died tin the middle nineteenth century and was elevated at altar honors by Pope Plus XI.; Pending the traditional pilgrim age to Cairo to "purchase" a suc cessor to the Ethiopian bishop Al buna Matheos, who.dled recently, a movement is gaining ground, ac cording to missionaries, to aban don what is termed the "humiliat ing custom" and instead appeal-to Synopsis of th Annual Statement of tha XJ. 8. Branch IjONDON ClUAKANTEE AND ACCIDENT COMPANY, LTD. of New York, ia th State of New York, on the thirty-first day of December, 1926. made to the Insurance Commissioner of the State of Oregon, pnrsuant to law: Capital Amount of capital deposit. S 750,000.00 Income Net 'premiums received the year 1 1.653,515.02 Interest, dividends and rents received during the year 1,328.939.30 Income from other sources reeeived during the year i 380,643.14 Total income 18,363,096.46 Disbursements Net losses paid during the year including adjust ment expenses 7,887,355.27 Commissions and salaries paid during the year..-. 3,617.704.34 Taxes, licenses and fees paid during the year. 381,958.56 Amount of all other expen ditures - 1.S04.959.60 Total expenditures 9 13,093,177.77 Assets Value of stocks and bonds owned (market value) ....8 13,941,002.04 Loans on mortgagee and collateral, etc Cash in banks and on hand Premiums in course; of col lection written sine Sep tember 30. 1926 4 Interest and rent due and accrued and sundry ac counts . 32,100.00 478,865.18 2109,782,86 543,469.55 Total admitted assets 9 17,394.319.63 ' Inabilities Gross claims for losses un paid 9 Amount of unearned prem iums on all outstanding risks Due for commission and brokerage ; ..... All other liabilities 8.877.284.60 4.184.130.15 611,598.62 483.548.61 11,481.67 22,597,09 22.247.00 ACCIDENT Total liabilities exclusive of capital stock of 9750,- 000 . 3 14.156.561.98 Business la Oregon for th Year Net premiums received dur- ing the 'year 9 Losses paid during the year . Losses incurred duri-.ig the year . LONDON GUARANTEE CO.. LTD. C. M. Berger, V. 8. Manarer. Statulorr resident attomev for serrico: H. O." Beckwith. Portland. Ore. -g, . Synopsis of the Annual Statement f the NATIONAL. CASUALTY f COMPANY -of Detroit, in the State of Michigan, mm the thirty-first day of Deeomber. 1926, made to the Insurance Consntissioner of the State of Oregon, pursuant to law: Capital Amonnt of capital stick paid up 9 Income Net premium received - during the year 9 Interest, dividends and ' rents- received during the year . Income from other sources received during, the year 300.000.00 1.429.065.49 41,327.13 - 50.373,51 Total income -:... r...9 - 1.820.666.13 Disbursements Net losses paid daring the -year including ' adjust- , ment expenses .- 9 ' 739,203.78 Dividends paid on capital stock during the year.... Commissions and salaries paid daring the year .... Taxes, licenses and fees paid daring the year Amount f all other expen ditures ,-. 32,000.00 572,987.48 43,133.14 138,553.03 Total expenditures 9 1,515,876.33 .Assets Value of stocks and bonds ' wned (market value) . 9 741,622.50 Voans on mortgages and collateral, etc 16,500.00 Cash in banks and on hand 97,930.87 Reinsurance 5,190.00 Interest and rents due and accrued - 10.839.94 Total admitted assets ... 9 872,083.31 Liabilities Gross claims for loaaea un paid 9 Amonnt of unearned prem iums on all outstanding risks All other liabilities . Surplus over liabilities 96.063.00 813,437.00 83,000.00 330.583.31 Total liabilities exclusive of capital stock of 9200,- 000.00 - 9 673,083.31 Business in Oregon for th Year Net premiums reeeived dur ing th year ..... 3 10,771.48 Losses paid during th year - , Losses incurred during 'th rear W. O. Curtis. President.' -E. A. Grant, Secretary. Statutory resident attorney for service : H. H. Dana, Portland, Oregon. 3.884.47 4- 2,884 47 ... . a Synopsis of tne m o THE AMERICAN DRUGGISTS' F1KE INSURANCE WJWI-a ot Cincinnati, la the ? StaU of 0W4, on th thirty first, day f December, 1936, made to th Inauranc Commissioner of the Stat of Oregon, pursuant to tew: . fiantial . Amonnt of capital stock J paid np . 3 Income Net .premiums received dar ing th year.. . ,9 Interest, dividends . and rent received during -the year - Income from other sources received during the yesr. Total income L -9 . . Disbursement Nt losses paid during th year including -, adjust ment expensea -. Dividends paid on Capital . atoek during th yer.. Commissions - and salaries paid during .th year Taxes, licensee and fees , paid daring th year Amount of jUl. other expen ditures . 500,000.00 399.619.13 63.318.89 1,399.34 464,331.36 146,366.29 60.000.00 99.333.34 37.097.29 A!31,S4J1 Total xpenditnr5- 3 .7" 374,3618 52,115.46 1,499,545.00 ; 34,81.38 1 69.557.10 'i -r--, I 14.733.41 "!' 8,219.04 1.668.85 U89 Valoe .et real estate ewn - ed (market valne) -t Vain of atoek and bend owned (market value) . Cash in bank and on hand Premiums in eoara of eel- -lection wTitten since Sep tember 80, 1926 Interest and rent duo and accraed .... .I -..-j- ' Other aaaeta , . . ToUl admitted asseU ..3 A--i- xi';--ixuiitti , . r m I.Snt f at loaaea a- '. paid .. .. -..$ Amount of nnearned prem- inm, 6U ontstndinc risks u.sz.m-.t.,. AU other liabyitiea & !? Total liabiHtlea.- oxclnsi ve ex eap - ; 1332.23 t . . . . S1S.20S.13 ' "34.813.68 ' t I OOO.OO If 26T.S54JS3 be Commissioaor. VMaiMbaW. Draffon for th YX Losses psid during th - - year ! Vj Leases Incurred" during the . T ... , - -E AMERTCAX DRCOOTSTS.-SIRE 1SSWRANCE CO. , . . , Chaa.H.- Arery, President Stafatnrr re-idert." attorney for. iservic Synopsis of th Annas! Statement of 4b INDIANA LUMBERMEN'S -MUTUAL INSURANCE I COMPANY t 1 of Indianapolis, in th Stat of Indiaaa. on th thirty-first day of December, 1926, made to the Insurance Commissioner of tha Stat of Oregon, pursuant to law: Capital Amount ef capital Stock paid np ncm Net premium received during the year . 9 1,135,303.33 Interest, dividend and renta received during : tha year . Hntutl Co. r 100,084.29 Total inec 9 1.235.386.63 msBuraemsnta Nat losses paid daring th year Including adjust ment expenses ......9 Dividends paid policy hold- - rs during the year.-.: Commissions and aalariea ' aaid during th year Tsnes. 5 licenses 'and fee ' paid daring the year . Anoint of all other expea -.. dittrc ,, 387.310.8$ 497.009.45 ... 189,419,19 t 18r,841.83 " 71,840.67 ' Total xpenditures...... 1,135,921.87 ... - ' - AMStl Vara ot real eatat owned market. value K 9'' 810.394.0 Value of atoek and bond owned (market value)... -v 83.33 8.00 Loan on . mortgagee and collateral, etc. - 655.830.09 Cosh in bank and on hand 38,381.61 Premiums in eeurs of col- , , ; lection wrftten sine Sen- .' tember 30, , 1936 . i . 43.397,13 Interest and rents da and aeernod ., , - 33.944.61 ; Total admitted asaeta f ' , .. LiablUtlts Ore claims for losses usH Amount, of nnearned prent - iums n aU uutanding iriiks . x. AU ether liabilities J 3.035,094.80 ' ,'' .- 38.189100 -Ol989.8S ! 80.000.00 Total liabilities exclusive - of espital stock of Kn- , ' ;tual Co. i. . 9 662.074.85, Bnslnn In Oregon for th Yx -Net premiums reeeived dur ing the year 9 , " ? 9.333.T9 Losses paid during . tho . year , 3.514.11 losses inenrrad darine tha . : ear .... , ......;.:- - z.zia.u NDIANA LUUBERM T. NS "CTTTU Al INSTIRANCB COldPANY - " J. Wr'-Pin.n11, President, , " P.. Br. Powler. SecreUry. Statutory resident attorney for. aervic: - Insnaane- Ceauniasiaaer, Salem, Or. . the Pope for reconciliation with Rome. v- t r Due to the modern ideas, and European sympathies of Regent, ltastatari and his permitting the Abyssinian church to use native missionaries trained In the Abys sinian Ecclesiastical college of Rome, the desire to re-enter-the fold of Catholicism - had gained considerable ground the last few years. But missionaries state that it was not until Mussolini adopted a policy of vigorous Italian pene- SynonKis of the Annual Statement of tha FARMERS MUTUAL FIRE RELIEF ASSOCIATION of Portland, in the State of Oregon, on the thirty-first day of December. 1926. made to the Insurance Commissioner of the State of Orejron, pursuant to law ' Capital Amount of capital stork paid up, cash on hand January 1st, 1926 f 25, "35. 44 Net premiums .and assess ments received during the year Interest, dividends and rents received during the year j 09,297.36 908.73 Total income 8 70.206.11 Disbursements Net losses paid during the : year including adjust ment expenses $ 46,615.23 Commissions and salaries paid during the year 16,664.15 Taxes, licenses and fees paid during the year 428.69 Amount of all other ex penditures 3,032.49 Total expeditures $ -66.740.56 Asset Cah in banks and on hand 27,710.21 Premiums in course of col lection written since September 30, 1926 ,1.217.12 Agents balances 3 274.66 Total admitted assets 29,201.99 Liabilities Gross claims for losses un paid 3 5,415.00 Total liabilities, exclusive of capital stock of 825,- 735.44 5.415.00 Business in Oregon for the Year Net premiums and assess ments received during the yesr $ 09.297.36 Losses paid during the year 46,187.45 Losses Incurred during the vear 51.602. 45 FARMERS MUTUAL FIRE RELIEF ASSOCIATION H. W. Snashall. President. W. Cr. Kane. Secretary. Statutory resident attorney for service: Synopsis of the Annual Statement of the LUMBERMEN'S MUTUAL INSURANCE COMPANY of Msnsfield. in the State of Ohio, or the thrity-first day of December. 1926., made to the Insurance CommisKioner of the State of Ores-on. pursuant to law: Capital Amount of capital stork P Income Net premiums received during the year 8 Interest, dividend and rents reeeived during the year - . Income from other sources received dnring the year Total income - 8 Mutual Co. 1,664,801:74 87,506.9 20.241.S7 1.772.643.59 Disbursements Net losses paid durinc the year inctnding adjust ment expenses 8 Dividends paid on capital stock during the year ... Commissions and salaries paid during the year . ... Taxes, licenses and fees . paid during the year Amount of all other ex penditures - Total expenditures ... . Aaaeta Value of real estate owned (market value) . Value of stocks and bonds owned (market value). Loans .on mortgages- and collateral, etc. Cash in banka and on hand Premiums in course of col- r lection written since September 30, 1926 .... Interest and rents due and accrued Losses recoverable on pre miums .... - - 613,488.13 Mutual Co. 434,641.23 ' 3S.017.88 588.791.78 8 1.674,939.07 120,000.00 1,058,697.50 430.42R.22 201,848.28 103,134.40 17,705.51 59.66 Total admitted assets... .3 Liabilities Gross claims for losses un paid - 9 Amount of nnearned prem iums on all outstanding . risks ; Due for commission and brokerage All other liabilities 1,933,873.57 l 92,73453 1 021.053.i09 11,9972 27.73773 Total liabilities exclusive of Capital stock. (Mu- tual Co.) -- - 9 1.1 59. 578.2 7 xtniitja in Oreron for th Year Net premiums received dur ing the year - Losses paid during the year . - Losses incurred during the ' IV ' V'V" V "rr- tWr i.-V- CI UTTTP A T . INSURANCE COMPANY E. 8. NaiL President. W. H. O. Kegg, Secretary. Statutory resident attorney for aemce H. H. Martin, Portfand, Ore. 19.899.75 3.200.93 2.376.16 Synopsis of the Anwuat Statement of th STANDARD MARINE INSURANCE CO., LTD. of Liverpool, in the V. K. of Bri tain and Ireland, on. the 31st day of De cember, 1926, made to the Insurance Commissioner of j tho State of Oregon, pursuant to law : i Capital AmMn!.J9Ll!---l-"--9 200.000.00 Income Net premiums received . during the year 9 1,458,095.91 Interest. dividends and . rent ceveived during ' the year - - Income from other sources received during the year 127.271.44 851.579.83 Total income :.9 2.436.947.20 Diabarsements . I Xet losses paid during the f . vjkar inclndinr adjust ' ment expenses.- 3 Commissions and aalariea paid during the -year Taxes, licenses and feea paid dnring the year . Amoant of aU other ex. : penditurea . - - Gross loss on sale or : maturity of ledger assets Total, expenditures : ...3 Aaaeta Value of stocks and bonds owned (market value). .9 Cash ia bank , and pa hand 637,401.80 278,202.83 93,366.54 944,481.24 267.50 Premiums in course of eol , lection ' written since September 80, 1926 Interest and renta duo s- aeerued ...,. ... Due from sundry reinsur ing companies on losses : paid Total admitted essete .9 - . V Liabilities Gross claims for losses unpaid . , , 9 2,003,809.91 2,907,608.66 214,209.47 623.389.71 83,556'.6t " - t 234,031.32 Amount, f nnearned. f miume - on all outataad Ing risks Pne for commission and - - brokerage - , All other iiahaitlee Unearned . premiums - re-insursnee Ee-insurauce on paid and napaid lossea ,. 4.01295.80 1,084,601.00 248.728,59 ' 10O.929.58 ' U0.O0O.00 X3985.4J T.. - f 40.772.18 ." Total liabllitiea, exclu- ,. sive of deposit, capi- ' tal of 920O,OO0.O.9-1.609.-O2.T7 Baslnea tn Oregon for th Yean. pramiuas reeeivea r :.. -v 869. during tho year Lou- ? paid . dnring - tha 'v yr , 61 tration of Abyssinia, symbolized by the Tecent Anglo-Italian agree ment, that the native clergy dared come forward with such a tangible proposal. ; ,The Marlon Automobile Co. The Studebaker, the World's greatest automobile value. Operating cost small. Will last a lifetime, with, care. Standard cnaeh $1510. () Synopsis of the Annual Statement of THK MASSACHUSETTS PROTECTIVE ASSOCIATION, , INC. , , of Woreenter. in the State jti Ma.sarhu xetts. on the thirty-first day of Decem ber, 1926, mad.- to the Insurance Com missioner of the State of Oregon, pur suant to law: Canital Amount of capital, t.tork paid up ". $ . Income Xet premiums received dur- in? thw year ". Interest, dividend and ri-nts received during tUp year Income from other sources received during the year Total income 8 Disbursements Net losses paid during the year including adjust ment expensea 3 Dividends paid en capital stock during the year Commissions and salaries paid during the year .... Taxes. licenses and fees paid during- the year Amount of all other expen ditures - . r.on, 000.00 r.,4')2,.V.M.f 2 67, 6(50.39 r2R,57&.31 .7,288,830.66 3.959,273.65 50,000.00 1.559936,73 138.781.48 732.708.40 Total expenditures 9 6,440,700.31 Asset Value ot rest estate own ed (market value) $ 325,000.00 Value of stocks and bonds owned (market value) .. 5,000.263.50 Loans on mortgages and collateral, etc. 135,900.00 Cash in banks and on hand 842,690.85 Premiums in course of col- j lection written since Sep tember 30,1926 11,655.52 Interest and rents due and accrued - - ' 82.846.83 Synopsis of tha Annual Statement of th LUMBER MUTUAL , FIRE INSURANCE COMPANY at Boston,' la th Stat of afaeaaehnVetts, on the thirty-first day ot Deeomber. 19'Jtf. made to tha Inaaraaea. Commissioner of the State of Oregon, pursuant to law: Canital Amount of capital atoek paid up Z ' : Mutual C. . Income Net premium received dur ing the year . i,i,oi.isf Interest, dividends and rents received ourttij the year - Income from other soureea received daring the year Total income ' 8 Disbursements Net losses paid during the year including ad just expenses ' 9 Dividends paid on capital . stock during the year ... Commissions and salaries paid dnrinx the year. Taxes, licenses and fees . paid dnring the year Amount of all other expenditures It9.14l.79 81,72. 59 1,305.129.37 367,416.93 4R9.519.8i 165,052.64 19.962.91 78,127.31 Total expenditures -- Assets Value of real estate owned (market value) Value of bonds owned (market value) . Cash in banks and on hand Premiums in course of col lection written since September 80, 1926 ...... Interest and rents due and accrued -. Alabama deposit . Total admitted assets. ...8 Liabilities Gross claim for losses un paid . ,. Amount of nnearned prem iums on all outstanding risks AU other liabilities -. 9 1.120.079.09 239,464.21 2.308,750.00 67.859.06 40,137.46 25,403.60 500.00 2,680,113.33 29.805.60 527.067.83 18,389.48 Total admitted assets 9 Liabilities Gross claims for losses un paid : ... - $ Amount of nnearned prem iums on all outstanding ' risks Due for commission ' and brokerage All other liabilities Surplus over all liabilities 6,398,456.70 1,579.750.65 1,455,607.55 2.071.10 1,500.248.15 1,360,779.15 Total liabilities, exclusive of capital stock of 3500,- 000.OO 9 Business in Oregon for Nct premiums received dur ing the year a-3 Losses paid during the year : T imam incurred durinc the year - 44,324.80 THE MASSACHUSETTS PROTECTIVE ASSOCIATION. INC. Charles A. Harrington, President Lemuel O. Hodekins. Secretary. SfntorT resident attorney for service: L. E. Cronch. 5.898.456.70 the Year 62,821.54 30,536.27 on Synopsis of the i.nnnal Statement ct th MILLERS NATIONAL INSURANCE COMPANY e fM.i-n in the State of Illinois . v. . 1. :.-;.. . nf lW,mhr 1 026 me , 11 1 1 v j ..... w. , made to the Insurance Commissioner of the State of Oregon, pusuant to law: Canital Cash surplus capitalised aa permanent fund Income Va. nMHiitimi 1-ooiveff during the year 9 2,406,282.94 Interest, dividends and , rents received during the yesr Income from other sources received during the year 500,000.00 202,060.53 5,019.08 1,853071.30 784,787.73 : 55.793.66 263,563.50 Total income 3 2,613,362.64 Diabarsements Net losses paid during the year including adjust ment expenses . 3 Commissions and aalariea paid during the year Taxes, licenses and feea paid during the year Amount of all other expen ditures - Total expenditure 9 Asset Talue of real estate owned (market value) 9 Value of atocks and bonds owned (market value) ... Loans on mortgages and collateral, etc .. Cash in banks and on hand Premiums in course of col lection written since Sep tember 30. 1926 Interest and rents due and accrued 2,456,156.19 191,532.24 3,478,587.38 162,800.00 874,477.84 817,742.50 79,221.51 Losses ' Incurred-- during the vear ... :. "T.T55T.99 STANDARD MARINE -INSURANCE vE COMPANY, LTD. ,. Itohcrts A JTbert, : Inc. " . I'. 8. Manager. ' Statutory resident -attorney ior servic: Total admitted assets .8 4,604,360.87 Liabilities r! . .Uimi for losses nn- naid - 9 257,658.00 Amount of unearned prem- s..ma mm aill Alt! itAnd kS? risks I- 2.216.249.64 Tin. fn, commission and brokerage - 20,000.00 All other liabilities 42,000.000 Totsl liabilities exclusive of capital stock of 8500,- OOO.OO - 9 Business in Oregon for Net premiums received dur ing the year 9 Losses psid during th yer - - - Losses incurred during th MILLERS NATiONAL ."INSURANCE CO. u. u. joie. r-resiuent. M. A. Reynolds. Secretary. Statutory resident attorney for service Insurance Commissioner. 2.535,907.64 th Year 26,541.63 ' 12.733.63 20.919.62 Synopsis of the Annual Statement of th MlLLUKs attiuAU r litis INSURANCE ASSOCIATION OF ILLINOIS of Alton, in the State of Illinois, on the thirty-first day of December, 1926, made to , th Insurance Commissioner of the State of Oregon, pursuant to law: Capital Amount of capital stork . paid np Income Net nreminms reeeived dnring the year 3 1,176,014.80 Interest, dividends and rent received during " th year . . " '"Total income ... Mutual Co. 57,824.53 TM sbnraementa Net losses paid daring th year including adjuat- ''ment expenses f Commissions and salaries paid duriag tha year Taxes, licenses and fee ..paid during the year. . Amount of all other expen ditures .9 1.333,838.83 431,914.97 133.694.75 31.224.59 5071808.16 Total expenditures $ 1,084,842.47 Aim Value of real estat owned (market value) . . - 9 Tain of stocks and bond , owned (market value) . Amount - recoverable n ', paid losses and adj. exp. i Cash in bank and on hand , Premiums in eonrs of col- I lection written sine Sen- ; (tember 30. 1926 j Interest nnd rnt do and ! taccrued 88442.65 1.177,165.00 1 1.469.66 s 168,461.39 ' .; ' t " : 81,376.40 14.309.49 -Total admitted assets....! 1,641,7349 1 XdabUitiM -.. Gtosk claim for lone nn- -' paid , 9 67.638.38 Amount of vonearned prem- . , ? riaka . , . i Due for cammission brokerar AU ther liabilitie sad 819,784.61 S.000.00 40,000.0 Totaf Habilitie exclusive i -ot. capital atoek of Ma- tust Co. 9 633.363.94 Boines In Oregon Xr th Year Net premsnsa rsseived dar- . : , - - ' ing.th year 15,371.46 Losses, paid .during th .. f yssfv" .....r..v. 2,651.30 Lossea inenrrad darina th ' , yT -....,. ' .eoi.u MILLERSMUTtTAI, TIRB- : INSURANCE ASSOCIATION ,H, R Sparks, President. , , i - . O. A. Mr Kinney. Secretarr.. Statnto-y resident attorney for servic: -insurance isaniuionr, : Total liabilities 'exclusive of capital stock (Mutual Co.) .-. Business in Oregon for Net premiums received dur ing the year : Losses paid during th year '. '. Loasea incurred daring th year THE LUMBER MUTUAL FIRE INSURANCE CO. H. E. Stone, President. George E. Briggs, Secretary. Statutory resident attorney for service H. H. Martin. " 5.75,262.91 the Year 2.857.15 8.287.03 2,252.02 Synopsis of the Annual Statement of the PENNSYLVANIA LUMBERMEN'S MUTUAL FIRE INSURANCE COMPANY of Philadelphia, in the Stat of Pennsyl vania, on the thirty-first day of December, 1926, made to the Insurance Commission er of the State of Oregon, pursnaat to law: Capital Amount of capital stock paid np - Mutual Co. Income Net premiums reeeived dnring the year . 9 986,877.47 Interest, dividends and rents received during the year 120,516.16 Income from other sources received during the year 61.650.75 Total income .8 1,169,044.38 Disbursement Net losses paid during the year including adjust ment expenses T - $ 327,442.29 Dividends paid on policy holders 392.648.23 Inspection ehargea and sal aries paid during the year 155,048.19 Taxes, licenses and fees paid during the year 16,005.39 Amount of all other expen ditures , . 72,541.76 Total expenditures 9 963,685.80 Assets Valne nf real estate owned (market value) 9 162,637.12 Value of stocks and bonds owned (market value) 1,681,483.00 Loans on mortgages and collateral, etc. 463,700.00 Cash -in banka and on hand 101,311.00 Premiums in course of col lection written sine Sep tember 30, 1926 46,332.47 Interest and renta due and accrued 34.430.12 Total admitted assets.... 8 2,489,893.71 Liabilities Gross claims for losses un paid . f 24,270.43 Amount of nnearned prem iums on all outstanding risks 487,038.91 Due for commission and brokerage 4,661.23 All other liabilities 17.251.39 Total liabilities exclusive of espital stock of Mu tual Co. 9 533.221.95 Business in Oregon for tha Year Net premiums received dur ing the year 9 5,471.35 Losses paid daring the year 2,253.27 Lossea incurred during tho year . 2.234.29 PENNSYLVANIA LUMBERMEN'S MUTUAL FIRE INSURANCE COMPANY Edward F. Henson, President Harry Humphreys, Secretary. Statutory resident attorney for service: Synopsis of the Annual Statement of the NORTHWESTERN MUTUAL FIRE ASSOCIATION . of Seattle, in the State of Washington, on the thirty-first day of December, 1926, made to the Insurance . Commissioner of the Stat of Oregon, pnrsuant to law: Capital Amoant of capital stock paid np . .. Mutual Co, Income Net premiums received dnring the year 9 4,494,843.22 Interest, dividends and rents received , daring the year Income from other sources received dnring the year Total income 1 ..3 Disbursements Net losses paid daring th year including adjust ment expenses .- 9 Dividends paid policyhold ers during the year Commissions and salaries paid during the year Taxes, licenses nnd fees ' paid during th year Amoant of all other expen 112,170.30 46.877.76 4,653.891.28 1.746,888.35 887,461.77 986,485.35 78.397.15 451.002.48 Total expenditures . 9 4,150,235.10 Assets Value of real eatat -owned (market value) . : 9 116,338.10 Value of stocks and bonds owned (market value)-. 2,247,793.91 Lnani on martmrea nnd collateral, ete. 274.400.52 Cash in banka and on hand 451,341.55 Premiums in course or col lection written since Sen- tember SO, 1926 582,809.46 Interest and rents duo and... aeerued . 43.781.98 Amonnt of all other aaaeta 86,418.47 ToUl admitted assets... 3,751,733.94 Gross claim for losses nn- - raid i r.9 3.51.203.60 Amount oi amearaea prem iums on nil outstanding , risks . , 3.598.401.05 Due for commission nnd brokerare , 37.002.64 All other liabilitie .. ..... 162,767.85 Total .liabilities ' hxclueiv mW -w1lfsnl nwaWaSiar- a maTtwa. tnat Cs.;- 9" 8.039.375.14 Business In Oregon for tha Year - Nat premium received dur- inr ta rear ... ..... . 154.542.44 Loeeear paid during th " -rear . - - fll.9KS.S6 Loasea- tec erred dnring th " ' year jzz 101.130.86 NORTHWESTERN MUTUAL 1 FIRE ASSOCIATION F. J. Martin. President. it. D. T. RtinilM RamKn Statutory resident attorney for serviee : x. XX. atartin. -t-v-,... Haldwin Loses Pipe. - TianRing-tO! Essex Man LOINTXJN"--. (AP) 1 Premier Stanley.' Baldwin Is an Inveterate pipe smoker and Jlaa-i well tilled pipe "Tfck." but he must yield the palm.tpjtf P. Callings of .Tflrea-. f BPrWlt I tit' f rjtHi1 New First National Bank Building Directory - Local Rates For Classified , . Advertising Daily or Sunday One time 2 cents per .,rJ I'hre times .. 5 centa per wur.l Six times 8 cents per ward 1 mo. daily sad Sun 20 cents per word 'In order to earn the more than one time rale, advertising must run In consecutive itsoes.- r. ' No Ad taken for lent 4nan ?5. Ads. run SnndayONl.Y charged st one-time. rate. . Advertisements (except Personal! ' and Situations Wanted) will be la ken over the telephone if the advertiser is a subscriber to phone. The Statesman will receive adver tisement at any time of the d, or night. To insure proper clansifi,-, lion Ada should be ia before 7 n u. TKI.KPHONE 23 or 58h 1 ' AUCTIOVEFRS BASEMXNT D Laze Shining Parlor Experts for Ladies and Gentlemen. ENTRANCE Ted'S Cigar Stand Ted Irwin, Proprietor. SECOND FLOOR Coffey Photo Servic TL 708. Over th Spa THIRD FLOOR Morris Optical Co., ' 301-302-303 Dr. Henry S. Morris, Optometrist Telephone 239 .. ' 0. T. Gillette . Lawyer -Telephon 1050- .....Ssit 316 EIXXMAN ' FUEL COhCPAHY RetaU Office ; , S1I-312 Stoker Displsy J. .-. 311-312 Consulting Engineer , ,. . , 10 Execativ Booms 309-313 Telephone 27 Yrd 1855 F. N.jWoodry J The Woodry everybody knows Cash paid for used furniture lies, and store 1610 N. Summer St Telephone 511. ; H. F. Woodry & Son Right down town. Cash paid for used furniture. Store 271 N. Com'l. J e i. 3. Agents for Lang Ranees! AUTO TOPS 5 SEE US ' FOR TOP AND PAINT WORK O. J. Hull Auto Top and Paint Shop. ! Commercial. - 5a 1 1 tf BATTERY & ELECTRICIAN fl R. D. BARTON EXIDE BATTERIES ' s,rt'r fenerator work: 2u2 South High. - j Tel. 198 COURT ST. King A Wyckoff . : 306-307 Distributors for Wilshlr' "I-on-a-c" Socolofsky ft Son, TeL 970 ..304-305 Real Estat, Loans, Insurance FOURTH FLOOR Drs. O'Neill Jt Burdette, OptonetrUt Phon 625 ..: 401-402-403-404-405 Guardian Building Jt Loan Association O. Bayford Ely 113 Telephone 75? Willard H. Wirti and Pan! F. Xnrrl ; Attorney. 410-411-412 TeL 188 Lane Morley, 413, TeL 767; Bes. 1815-W Beal Estat r Loan Insurance FIFTH FLOOB , Drs. Lewis, Scluaidt Jt Cvanag!t602-&01 Dentists SIXTH FLOOB Geo. B. Vehrs, M. D-. PhysicUn ft Sorf c Salts 603. Tel. 2378-2379; Be. 77 Bobin If. Day and Donald W. BCUe Attorneys at Law Telephone 193. 610-611-613 E. F, Smith, New -York Idf Room 613. Telephon 193 EIGHTH FLOOB Dr. O. Ward Davis, General Dentistry Telephon 816. Room 803 Dr. H. B. Scofleld . 806 Chiropractor, Nenrocalometer Servic I. N. Sanders, M. D., Physician ft Sorgeon Suit 810. Telephone S56; Bee. 2348 oBHaHKHHssaasni NTNTH FLOOB Dr. H. M. Brown, Eye, Ear, Nose ft Throat Specialist. Suit . 901 TENTH FLOOB Dr. W. A. Johnson, Dentist Telephon 1285 - . -f - : 1001 Chalmer Le George, D. ,D. 8. . General Dentistry S. M. Griffin, D. J. 8.. Orthodontl Telephon 181. Suit 1002-1003 UNION ROSTER o . . -o HOD CARRIERS AND . BUILDING LA borers Local No. 441,- meeta Wed., 8 p. m. Call 179 for men. CAPITOti TYPOGRAPHICAL UNION No. 210 President, G. P. Evana; aee retary, M. D. Pilkenton.. Meets, sec ond Saturday, 3 p. id. CARPENTERS' UNION ,NO. 1065 -Meets Thurs. evening. Herbert Hale, preaiaent; w m. . rettit, secretary. eixiuea mecnamcs lurnisbed. Tel. 179. JOE WILLIAMS FLEENER ELECTRIC CO. HOUSE wiring by hour or contract. Estimate furnished. Tel. 980 471 Court St. BICYCLES & REPARNQ 8 LLOYD E. RAMSDEN COLUMBIA BI cycles and rei-iiring. 887 Court. HELP WANTED LARGEST CHAIN 'STORK ORC.ANIOA . tion in west want men and womer experience' .not- neceKKary. See Mr Smith, 174 S. Liberty Monday evening April IS. 9aprl7 f 100 PH BETTER PER WEEK TO ladies aild gentlemen to demonstrate ' most marvelous invention. Every home intereKted. Householder' '. NUCLEOLI, 619 So. Olive, Los Anc les. Calif. ' 0;nirl7 HELP WANTED Male 11 WANTED A LIVE NEW8PAPER RUB seription .canvasser. Call Cirrnlsims Manager, Statesman office. llmlltl SALESMEN 12 LIGHTNING STRANGE BATTERY COM nound. Charges discharged hstterie ' instantly. Eliminates old method en- . tirely. Gallon free to aeents. Fonl Batteries $7.50.. Lightning Co., Si. Paul, Minn. ;.- . 12aprl 2 SUITS FOR $29.50 Large samples, 10 in. by 28 in. doubled; cheviots, cassimeres, .pencil Stripes, powder bliies, fancy worsteds, -etc. satisfaction guaranteed: collect and keep 5 " each Rsle, .John4 Hont Co., 710 W. Jackson, Chicago. 12aprl7 A PAYING POSITION OrEN TO REP resentative of character. Take oril.rp shoes-hosiery - direct to wearer. Good income. Permanent.' Write now. Tan ners Shov Mfg. Co., 749 Hawthorns Ave.. Portland. Ore. 2anrS HELP WANTED Female J3 EXPERIENCED GIRL OR WOMAN "FOR house work. 861 Van Buren St., Cer vallia. Ore. Mrs. E. C. Joseph. 13aprt7 LADIES MAKE 825 TO 350 ' WEEK tV addressing cards at home; experience unnecessary. 2e stamp brings full par ticulars. " H. Lichty, New Castle, In diana. lSaprK' AMBITIOUS WOMEN WITH SEWINi! experience can make from 840 to 87i weekly selling Beantiful Caroiet. Dresses. Pleasant refined work. Writ. today to Carolee Companr, 301 Gate way Station. Kansas City, Mo. 13aprI7 8ALEM UNION LABEL LEAGUE Meet at Labor Hall on call ef ores! dent. P. W. Searv secretary Bos asa, etaiem. cire. f LODGE ROSTER T KNIGHTS OF PYTHIAS MEETS 'AT Mcuornaek Hall, ever Miller' 8 tor, every Saturday evening, F. J. Toose, C. C: H. K, Burke, K. f R. 8. TeL s-w . --. I REAL ESTATE I DIRECTORY o ' BECKE A HENDRICKS 189 N High. TL 169. LEE W. BELL S03 Bank of Commerce Bldg. TeL 484 BOHRNSTEDT ft PAYNE 147 N. Commercial. Telephone 577. 441 Court. P. W. GEISEB Telephon 331 W. O. KRUKQER 147 N. Com'L Ban. U - TL 31T. JOHN W.-ORB Hew- Bligh Bldg. TL 3485. , GERTRUDE J. M. PAGE 492 N. Cottage. . Tel. 1186. TRIANGLE REALTY CO. 431 Coart St. TL J51 ULRICH A ROBERTS 139 N. OomsaereiaL , . , . TI. 1354. VICTOR SCHNEIDER, Realtor. 147 N. Com'l. . TL 67T. SQUARE DEAL REALTY XT. S. Nat' I Bank Bldg. TeL 470 The Oregon Statesman "Published vary morning (except Mon- day) at Salem, th cspiul of Oregon, i ADvrRTistiia HONEST ADVERTISING These eol- i m must b kept free (rem anything Of s questionable aatur. Misrspresen- 4 tation via nt h tolerated. Infor- V mattoa' showing any sjoestionshl in tent mm tho., part of tho advertiaor ehonld bo reported to this- newspaper .' or the Paleni-Ad. ernb. -v hoe, Essex.1- who has r 52 . pipes which he smokes In turn. Collin gs tuseg ' threw each day alternately, ' and so, he says, . he never hat 4 hot or. wet pipe. He has blended his ;own mixture ' tor 40 years, and Jhe smokes 12 ounc es . per. teeeicrrm t - ; ' WOMEV TEACHERS WANTED TO TRAVEL During summer vacation. Inteve-'t-ing work, congenial teacher ' eomnaii--ions,' and opportunity to earn t least S60 per week. Salary to Urt and railroad fare paid. Give ajte, ednca tion'snd details of experience in firt letter. Address S. J. UlLLFILLAX. 48 W. Oak St., Ch'ciigo. 1 3apr 1 7 " CHIROPRACTORS 15 DR. H. B. 8C0FIELD, P. 8. C, 806 1 First National Bank Bldg.. DR. O. L. SCOTT, PSO CHIROPRACTOR i 256 N. Hijrh. Tel. 828-R or 87. FLORISTS 16 CUT FLOWERS, WEDDING BOUQUETS Funeral wreaths, decorations", C. F. Breithsupt, florist 512 State St. :' Tel. 880. - ; V MAGAZINES Farm JPapers 17 IP YOU -WANT. TO GET THE BEST , : farm paper send five lucent sumps to th Paeifie Homestead. Salem, Oregon, - for a three months' trial subscription. Mention this ad. POULTRYMEN SENtf EIGHT TWf ecnt atampa for special three mantha" - trial for th best and oldest Journal in tho west. Th articles aad adver- tisementa are of special interest to the poultry breeders of the Northwest Northwest Poultry- Jouraal, 21 18. Com--mereisl St.. Salem. Ore. INSURANCE 1R FOR SALE FIRST AND SECOND Mort gage, Trust Deeds, Contract ea . house Will net 6 to 30. BECKE. ft HENDRICKS Heilig Bldg, 189 N. High St. Jl-tt FARM LOANS PLENTY OP MONEY to loan on good farm security. CITY LOANS We ar loaning Pnt . dentist I asurane Company mosey oa : city residence aad business prepertv at 54 , plu a commisiion. Hawkio ft Roberts, Inn 205 Oregon Building. d!4tf. Insure ' Your hem or ear now. Phea IB I BECKE ft HENDRICKS Heilig Bldg, 189 N. High St. 11 -t WANTED Employment 19 WANTED A- POSITION AS HOCSK , keeper for bachelor, -widower, or mother' ham. 1396 N. Fourth. ...... .- ' . y . ... l9apr!9 FOR GARDEN PLOWING, BASEMENT difginC sua team work. Tel. 72 if 3. 19mlrf FOR RE?fT---ApaTtmenta S3. SMALL FURNISHED .APT. PRIVATE Data, asu union.-.. . - . r 23apr23 FULLY.' MODERN 8-ROOM APART- ment, furnished with heat, water, light, ne of telephone.. Ideal for two. Closo in. Also garage. 345 8. Cottag. Tel. 1009. , - S3aprl7" FURNISHED 8 -ROOM APT. CLEAN and cosy,- lights,, water- IsMdnded. out- . : J . - . . - o ea . u 1,1 1 weiierton 61. A biota t-st OT onn, Capitol, tSsprll