Image provided by: University of Oregon Libraries; Eugene, OR
About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Jan. 21, 1932)
p.- PAGE TWELVE The OREGON STATESMAN, Salem, Oregon, Thursday Morning, Janaary 2f, 1932 HS6S5,aoa Reduced $1 70,000 From old " Figure due to Lowered Construction Cost (Continued from pa. 1) the msrket-value and going eon corn ' good will ' of the Oregon Washington Water Berries com pan jr. ! - ; TTho'Baar A Cunningham re sort Is to bo basis for a proffer of purchase to be made by the city council to the officials or tne Oregon-Washington Water Ser vice company for their plant here. Under the December 15, 1931 charter amendment; this offer must ,be accepted or rejected by the company within 30 days. In nt It '4a relertad the council may either ' start condemnation proceedings for the acquisition of the company's plant or the coun cil, may elect to build an entire ly new water system here. Under a. resolution Introduced In the council December 7 by Al derman Sam Hughes and ap proved by a majority of the alder men, a sum not in excess of the valuation agreed upon in the re vised Baar and Cunningham re port must be the amount offered the company for Its plant here. Definite Offer of Purchase Looming The utilities committee is ex pected to present the report to the city council at its next meeting and that body Is expected shortly to make a definite offer to pur chase the plant here from its own ers. Chief among the reasons as signed for the lower valuation by Baar ft Cunningham is the mark- . ed decline in buildings costs since 1930. Large reductions hare been made in the costs of cast-iron pipe and other materials have both dropped accordingly. The Baar it Cunningham revised appraisal Is substantiated by index figures from the" Engineering News-Record which show that the August, 1930, price level was 200.9S com- 1931. - The revised appraisal goes care fully into matters such as depre ciation paving costs, book value, ' property not used or useful. Mill Creek power rights owned by the water company, franchise value and market and going values. The engineers place little value on power rights owned by the company, pointing out that elec trical power equipment installed by the company have resulted in only slight savings. They discount Summary of New Appraisal Made On Value of Water Utility Here COST OF PRODUCTIONLESS DEPRECIATION SUMMARY - Cost Cost ReprodXem Plant Inside City Limits , Reproduction Deprecr. Land mud Easement. ........... .S 81,655.00. $ 81,655.00 Ninto Island and Purification Works 5,668.00 6,704.00 Supply Line No. 1 22,204.00 4,422.00 Supply Line No. a......... 12,698.00 688.00 Supply Line No. S. ......... 80,452.00 S9.ft20.00 Hydro-Electric Power Station ..... . 1,315.00 fi0.249.00 Electric Power A Transmission lines 1,055.00 850.00 Main, Pumping Station....... 65,402.00 . 12,610.00 Superior Street Pimping Station. . . 8,104.00 2,664.00 Madison Street Pumping Station... 0,962.00 226.00 Market Street Pumping Station.. .. 7.482.0O 7,065.00 Fairmont Reservoir ............. 19,506.00 11,874.00 John St. Elevated Takn. ......... 208.00 1,408.00 Distribution System ....... 882,306.00 255,485.00 Aetna! Paving Cute. ...... ....... 8,024.00 5,979.00 Service Connections . . . 44,374.00 25,466.00 Meter and Meter Boxes ... ......... 88,280.00 63,846.00 General Office Buildings... 14,005.00 12,507.00 Tools and Equipment. . ,. 4,145.00 4,143.00 Automobiles . 280.00 " 280.00 Office Furniture Fixtures OWWS Co Jui... 4,310.00 4,310.00 TOTAL . S837.461.0O $556,697.00 Overhead Non Depreciating ..j... 41,668.00 41,668.00 Overhead Depreciating .......... 63,606.00 89,608.00 TOTAL $942,785.00 $638,063.00 Plant Outside City Limits Distributing : System 8,725.00 6,064.00 Service Connections 1,474.00 998.00 Meters & Meter Boxer. '. 2,524.00 1,690.00 TOTAL $ 12,723.00 $ 8,752.00 Overhead Non Depreciating ...... 509.00 5O0.00 Overhead Depreciating 1,018.00 700.00 TOTAL $ 14,250.00 $ 9,961.00 GRAND TOTAL $956,985.00 $648,024.00 Going concern value 46,076.00 Total Appraised Value.-. ...$695,000.00 future costs in cutting paving as a reproduction charge on the ground that a new system could be more readily laid in the curb ing strips rather than in the streets themselves in front of property. Willamette Intake Given Low Value The present Willamette river intake source is giving little val ue except as a source of gravel or of storage for some other bus iness, Baar and Cunningham con tending the source la contamin ated by the industrial companies operating nearby. No value Is placed by the engineers on the franchise held by the company since it does not preclude the competition of the municipality and thus does not give any mon opoly to the Oregon-Washington Water Service company. General comments made by the engineers on the state of the plant are: "The distribution system is entirely Inadequate, having been an outgrowth from an original layout for a country village. Pres sures are low in certain sections. particularly the north end, due to small mains. The reservoir is in sufficient and not favorably situ atea for the enlargement. Ma chinery and equipment is of old type, less efficient than what is available today. Altogether the plant Is obsolete to an extent not expressed in the Individual physl cal depreciation of units. In oth er words, an engineer, given an amount of money equal to the cost of reproduction now, would build an entirely different and very much better, layout than the existing one. "Conversely, an owner desiring to put the plant in A-l service condition would have to lay many miles of new, larger mains and would abandon miles of the old ones, retiring them for inade quacy even where they have a re maining physical life. An old wat er pipe is seldom worth digging up for salvage. From these facts it is evident that the plant suf- SSml Salem-Oregon City Stretch Improvement Is First General Objective (Continued from page 1) collaborate with this as the com mission calls upon them. Ben Hill, present from eastern Oregon, declared the John Day section was still hoping to see completed the highway Into Mitchell, as promised by the high way commission In 1917. Bailey, who presided at the mass meeting also, told of the Pa cific Highway association aims for future and Immediate work. Strong assurance from Judge Fred R. Ooddard, eounty judge of Klamath Falls, that that sec tion was for a perpetual or per manent building program, rather than Just a five-year program, was given the asemblys. "Were for everything that helps not only Oregon but the whole coast," he declared in offering support to all highway programs. He raised ob jection to reduction of the license fee as demoralising road projects. A five-year building- program as such was also criticised by Sam Nolan of Corvallls, and by Tilla mook and The Dalles visitors. Nolan declared highway proj ects under consideration now would require 11 years to build at the present rate of revenue tor the highway department, includ ing also federal funds as on the present basis. Earl Reynolds, secretary of the Klamath Falls chamber, and W. S Nelson of The Dalles emphasised the saving In time and money all around of various highway groups of the state pulling together and working under a definite program rather than sending delegations before the highway commission every time it meets. The next meeting of the Pacific Highway association win be held in Roseburg, probably In about a month. firs At the Wlllard Bartlett tome five mljes south on the river road. Firemen saved the house and barn, but the machine shed and chicken nouse were destroyed. An srutomo btle, tractor and about 100 chick ens were burned. About 50 chick ens were saved. . . . . - The fire started In tha michin- shed from an unknown cause. The nre company from Monmouth was also called to help. Board Products Firm Here Sued lult to aeoure Indrm.nt on a mortgage note against the West- Fire Destroys Tractor, Auto For Bartlett INDEPENDENCE!, Jan. 20. Local firemen were ealled out at 4: SO o'clock this morning by fers from a more or less intangi ble element of obsolescence which is not expressed in physical val lies." if fill rc feitrrrn. Jp Aatrlrin ToUcc C. f 'i jr 1211 cause ftlhiiroGau' niririiffa&ooin) 1 1 1 1 1 1 1 HITS A RAM to YD I H. londad In Col. with 35c. . . drHUd for oil. which pwd to be banana oil . . . ubrd hwm1 In a luwbar camp . . . oiid spnt7yars ploying gigan- porn like a private In tha Ruttian army ... now ha's bock la e Ivmbar camp In hi mw FATHE PICTURE. "IAD TIMBER." till tcofd a first on IUCK1ES ha's tmok.d rhm U yaars, and wot glad to toy te without any wmmKwrcHon. Yov'ie mighty kind. TUNE IN ON LUCKY STRIKE of today becomes the news "Certainly I smoke LUCKIES. I've been smoking them since 1917. In those 14 years I've tried other brands, but LUCKIES are the only cigarettes I like. Furthermore, in my profession, I must consider my throat, and LUCKIES do not cause throat irritation." 'j7"7 "It's toasted" Your Throat Protection analnst irritation against cough And Jtf of store-Proof Cellophane Keeps that "Toasted" Flavor Crer Free 60 modern minutes u ith the uwLT finest donee orchestras and WalterWhuheOote gossip of tomorrow, every Tuesday, "Thursday and Saturday evening over N. B. C networks. era Board Products company here was begun yesterday la cir cuit court. Clarence J. Peters holds the note, having secured It from J. 1L Roby, D. B. Jarman and T. D. Thielsen to whom the note was given by the defendant August II, ltlO. The note bears Interest at seven per cent and In terest, as well as principal, and 7S0 attorney's fees, are asieeV in the complaint- The money wa loaned the local ' company for: working capital and' other purw poses. By Actual Road Tests Void get ore for pir ' i 1 1 y u live ROW - J . cC "am rr'. a"v a em t n mw m 11 .HTTIV Good is coaches off tedfauog chir cars on three fact trains daily and to tourist sleepers (plus berth charge) on two trains daQy. Even at these low fares, you enjoy the ouhiooed comfort, speed and perfect safety of traiq travel. CITY TICKET OFFICE 184 N. Liberty St., Tel 4042 PASSENGER DEPOT 18th and Oak, Tel. 4408 Efficiency D. Demonstrations dearly show the vast difference between "Standard and "lazy gasoline of inferior Octane Efficiency under such driving conditions as you meet every day on hilli or in city traffic "Ckt" it not an ingredient added to gasoline. It is a new scientific measurement by which good gasoline is gauged to meet the demands of today's improved motors. Octane Efficiency Reed Tests Give "standard Big Lead Over Lazy Gasolines Inside of 35 feet the audible knocking in the ran made om "Standard0 Gasoline sdffxrt4 tsmpltMtf This test was made with full throttle starting at 1 5 miles per hour. When a gasoline of average Octane Rating was substituted the same car driven under the same conditions knocked past the J 5-foot mark on continuously up to loo feet and still on for the full distance of 1 15 feet I "Standard" Gasoline's superior, ctntrtUti power doe to its unsurpassed Octane Efficiency bet tered the "Lazy Gasoline's showing by an impres sive margin! Fer Today's Cars , "Be Sure of Your Octana' I" High Octane Efficiency costs mors to produce. In every way you get more for your money using "Standard" motor fuels. For unsurpassed Octane Efficiency for quick cold-weather starting fh$ swift acceleration and power drive in at Standard Stations, Inc., and Red White and Blue Dealers. STANDARD OIL COMFANY OF CALIFORNIA 4i - 1 - 35 FEET H0 KNOCK with STANDARD GASOLINE FULL VMROTTUl STAATINO AT IS HF.M. "' -hX , $ " f Ik-! i a 115 FEET STILL KNOCKING -WM Gasolln of Avtraqe Octane- Railntj run. vMROTTUt svASTiNe tet is mm. Read test results differ slightly In different cars "Standard" Gasoline's superiority Is always evident! AT STANDARD STATIONS, INC., AND RED WHITE 6 BLUE DEALERS STANDARD GASOLINE 6- STANDARD ETHYL GASOLINE TTEae Sttocre 0 Gceatten VaUiues OCSesrs 2oi? Men! THE VALUES ON THESE FINE SUITS AND O'COATS WILL OPEN YOUR EYES! 41 Sfioh 9(S M? Every one the newest . . . excellent fabrics . . . in all popular col on. Regular values to $35.00 . . . now, to close out, your choice of any coat in stock ... sizes 34 to 44, $ 7 priced at only See our windows up-to-the-minute styles in all new patterns. Regular values up to $35.00 ... now, C?5 CT7 f IX'lJ for this January .close-out Sweaters Coat style. brown and gray heavy weight, and a real sweater for wear. 0 E 0 rn About 200 fine shirts Arrow, Ide and others some lightly soiled, but all good patterns. Regular Hll values up to $3 now, to dose out I DC LEATHER COATS Suede leather, light colors, and extra well 7 AC made. Values to $11.50, now . , , .. 0. 1 VP ISndEllp9G Sttatfce S(t. v ' . -4S6 STATE .' All good styles in every shade val ues to $5. Now, for this January close out sale 7
