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