The Oregon statesman. (Salem, Or.) 1916-1980, July 01, 1949, Page 18, Image 18

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    .
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TheyHjDo It Every Time
SMEDUEV'HE'S
THE FELLOW WHO
HASTWE MEVv
BOO-BUIL01NQ
Mt. Angel Flax
Growers El$ct
New Officers
MT. ANGEL Albert Diehl
and Albert Bochsler wert elected
to the board of director! of the
ML Angel Flax Growers associa
tion and the annual membership
meeting Monday night. Their
term is two years. At the board
meeting which followed, Joe Ober
sinner was elected president arid
Diehl. vice-Dresident.
Speakers were Elton G. Nelson,
department of agriculture at Wash
ington, D. C; Don Fischler of
the department of agriculture at
Corvallis, and Fred J. Schwab,
manager of the Mt. Angel plant
Nelson told of foreign flax con
ditions and stated that good high
quality fiber was still in -demand.
Fischler. warned against the use of
nitrogen on flax ground as . it
harms the fiber while stimulating
growth arid Schwab spoke on mar
ket concations. ,
The annual financial report was
read by Wm. G. Stacey of Salem.
:' By Jimmy Hatlo
Valley Births
HI. RALm
HOWS THE BOX?
MIGHTY NICE
TO MEET UP
WITH VOU5E1
eopy-ewixcRT
IlL HAVE "ID 60
10 A GUY WHO
FIXES FENDERS
TO HAVE TW5
FIN IRONED
OUT-
TO HAVE HIM
6IVEMEARUB-
DCWK!- HE'D RAy
WITH YOUR
HE THINKS THAT
MAXES A 6000
.IMPRESSION-SO
COESAROCX-
, CRUSHER
HE DEVELOPED
THATtfWPFRSV
SQUEEZING
ATQWZER IN
THAT MUSCLE
. FACTORY OF HIS-
S1LVERTON Born at the
Silverton hospital June '29, a
daughter to Mr. and Mrs. Alex
ander Maurer of Mt. Angel and
a son to Mr. and Mrs. Frank
Cbnrov: June 27. daughters to
Mr. an.rj Mrs. Clayton Vermulen
of Scotts Mills and Mr. and Mrs.
Francis Lulay of Mt. Angel.
No. 71-67
' Synopsis of Annual Statement for
the year ended Pecember 31, IMS. of
the The Yorkshire Indemnity Com
pany of New York, of New York, in
the State of New York, made to the
Insurance Commissioner of the State
of Oregon, pursuant to law:
INCOME
Net premiums received. 13,313.8382
Total Interest, dividend and real es
tate income. $113,049.08.
r Inronu from other sources. S49.18t.ll
Total income, $3,476,071 51.
DISBURSEMENTS
Net amount paid for losses, $1,462,
29.68 T
Loss adjustment expenses. $421,413.83.
Underwriting expenses, $1,242,059.06.
All Other expenditures (including in
vestment expenses. $8,995.43), $138,018.-
Total disbursements. $3,262,322.38.
ADMITTED ASSETS
Value of real estate owned (market
value). None.
Loans on mortgages and collateral,
etc.. None.
"Value of bonds owned (amortized),
$3,427.5(0.57.
Value of stocks owned (market val
ue). 51.1U5.408.31.
Cash In banks and on hand. .$487,373.
4. Premiums . in course of collection
written since September 30, 198, $635,-
as'j?
Interest and rents due and accrued,
21.B08 64.
" Other assets (net), $17.289 00.
Total admitted -assets. $5.664.968 63.
. LIABILITIES. SURPLUS AND
OTHER FUNDS
Total unpaid claims. S2201.512.19.
Estimated loss adjustment expense
for unpaid claims. $7,373.00.
Total unearned premiums, tl.657.M7.-
M
All other liabilities. $281,075 18.
" Total liabilities, except capital, $4.
147.530 04. -S
Capital piid up, t750.0OO.0O.
Unaligned funds I surplus K $767.
438 59.
.surplus retards policyholders.
$1 5f7.38 19 ... .
; Total. S5.664.968 63.
BUSINESS f.N ORECON FOR
THE YEAR
Net' premiums rere-ived. $8,042.43.
Net losses paid. $264.75.
Dividends paid or credited to policy
holders. None,
Principal office In Oregon. Board of
Trade Bidg.. Portland.
hfft
The iNationls Top Comics
DAILY AND SUNDAY
i . ' i ' - . g . j
in .- '
Xour Home Newspaper
"WITH ThIE local
THAN TO
. WAITER A. MENSES,
ORLANPO, FLORIDA. 7-
Aumsville Post
Installs Leaders
AUMSVILLE Hugh Webb
was installed as commander of
Aumsville American Legion post
175 in a ipecial meeting Wednes
day. 3
, Other officers installed by "out
going Commander Delmer Barber
were Robert Trader, 1st vice-commander;
: Robert Ball, 2nd vice
commander; Archie Rankin, ad
jutant; -Jack: Sphoon, chaplain;
Dean Roberts, sergeant-at-arms,
Robert Mickey, service officer and
Warren KiUinger, historian.
Plans were completed for en
tertaining the auxiliary July 6.
Middle Gfrve Residents
Entertain, Travel
MIDDLE GROVE Qtorge
Mary and son, George, Jr., and
niece, Maxine Mary, all of Omaha,
Neb. were guests of Mrs. Anna
Wirschiitg and' Dr. and Mrs. Roy
Scofield recently.
EmorV; Goode and sons Eivm
and Wayne spent several days re
cently fishing at Marlon lake near
Detroit. I
Mr. and Mrs. Frank Crane left
Monday' for their home in Mod
esto Calif.
Ruth ; Snyder is spending the
summercwith her sister and brother-in-law,
Mr. and Mrs. Arthur
Case in Richland, Wash. Mr. and
Mrs. Carl -Snyder will spend the
Fourth jof JUly with them.
No. 49-38
Synopsis of Annual Statement for the
year ended December 31. 1948. or. tne
'Mercury Insurance Company of St.
Paul, in the State of Minnesota, mad
to the Insurance Commissioner of. th
State of Oregon, pursuant to law:
INCOME
i i. . a , r . a mtm mm
Total interest, dividends and real
state Income; $377,667.51. f
Income from other sources, 1,07S,
JS3 34
Total income. $11,702,063.73,
DISBURSEMENTS
Net amount paid for losses, $3,$o0,.
212.
. Loss adjustment expenses. $199.903 91.
Underwrttine expense. S3.619.fUl.M
Dividends paid to stockholders (Cash,
9-'izuo.Ou: stock. None). I2U.500.00.
Dividends paid or credited to policy
holders. None.
All other expendtiures (including
investment expenses, 9Z.ZZ3.B8J, SZ2
7i.l. -
Tptal dharsementi $8,015,1113.
ADMITTED ASSETS
Value of real estate owned (market
Yaluel. hone
boa ns on mortgages and collateral.
etc.. rone.
Value of bonds owned. $13,581,628.09.
- Value of stocks owned (market val
ue). $1,087,776.50.
Cash In banks and on hand, $1,133.
117 4S.
Premiums In course of collection
written since September 30, 1948, $1,-
25.388.91.
Interest and rents due and accrued,
$143,797.46.
Other assets (net). $80.259 53.
Total admitted assets. $16 651. 967.90.
LIABILITIES. SURPLUS AND
OTHER FUNDS
Total unpaid claims. $1.409.019 83.
Estimated loss adjustment expense
for unpaid claims, $52.000 00.
Total unearned premiums. $8,529,679.-
SJ.
All other liabilities. $998 420 09.
Total liabilities, except capital, $10,
989 1 19 47
Capital' paid up. $2.500,000 00.
Special surplus fundi None.
Unassisned funds (surplus), $3,163.
4843.
Surplus as regards policyholders,
S5 662.S48 43
Total. S16 651 967.90.
BUSINESS IN OREGON
FOR THE YEAR
Net 'premiums received. $108,914 93.
Net losses paid. $41,369.28
Dividends paid or credited to
policyholders. J,one.
Principal office In Oregon-: Louis R,
Centra. . 1012 Failing Bidg., Portland
V aKvaysS
Venjow
Aumsville Women
Elect 1950.Officers
AUMSVILUE Mrg, Charlie
Wright was installed as president
of the Aumsville Woman's club In'
a meeting at Ern Towle home Fri
day. Other new pflicers art Mrs.
Mae Lamb, vice-president; Minnie
Peterson, secretary and Mrs.'
George White, treasurer.
Others present were Mesdames
Mary Hein, Hugh Craig, George
White, Ivan Putnam, Lula Fuson
and Bland SpeeT.
Brush College Cothing
Club Hoick Picnic
BRUSH COLLEGE The 4-H
Clothing Club held, a picnic at the
eommunity park Monday evening.
Donna Kron and Suzanne Matt-
his, who attended summer school
at Corvallis, reported on the
classes they attended. Connie
Moon of Glendale, 'Calif., was an
honor guest. Members attending
were, Janice "Swarthout, Joanne
Singer, Marilyn Sargent, Suzanne
Matthis, Donna Kron, Betty and
Florence Colton and Mrs. Oliver
Sargent, the leader.
i No. 45-27 : ,
Synopsis of Annual Statement for the
year ended December ji, or me
Amerlcaii Mutual Life Insurance Com-
any of Des Moines, in the State ox
owa. made to trie insurance t-ommis
sloner of the State of Oregon, pursuant
to law:
INCOME
Total premium income for the year.
$3,312,212.67.
Interest.' dividends and rents received
durinff the Tear. S1.S41.606.31.
Income from other sources receivea
during the year. $377,117.70.
Total income, isjjomm e.
t DISBURSEMENTS
T Iti for losses, indowmtnti. annul
ties and surrender values. $2,033,105.80,
Dividends paid to policy Holders.
$187,035.18.
Dividends paid to stockholders. None
General Insurance expenses. $1.31$.'
771.83. . .
Amount of all other expenditures.
$307,778.96.
Total expenditures. S3.B4fl.S9l.77.
'i i ASSETS
Value of real estate owneds. (market
value). $790,532.12.
Loans on mortgages snd collateral.
etc.. $4,106 012.60. T
Value of bonds- owned (market).
$28 579.304 07. 7
Value of stocks' owned (market val
ue). $31 1.565.92.
Premium notes and policy loans, $3,
320.25 1.4L
Cash In banks and on hand. $239,-
269 38.
Interest and rents due and accrued
$327.064.34..
Net uncollected and deferred premi
ums. $463.4.Z7.9U.
Othpnasjietf , (net). $123,913.71.
jTotal admitted -aets. $38,261,363.43.
LIABILITIES. SURPLUS AND
' OTHER FUNDS
Net reserves. $32,640,111.8.
Policv claims and losses outstand
!ng. $140,726.37.
All other liabilities. $3,099,558.36.
Total liabilities, except capital, $35,-
880.39654;
Capital paid up. None.
Special surplus funds: $400.000 00.
Unas-signed funds (surplus), $1,980,-
oi Ml.
Surplus as regards policyholders.
? tnn oca at 1
Total. $3861 363.45.
BUSINESS IN OREGON FOR,
THE YEAR (Mutual onlv)
Net premlurhs and annuities received
$89,362.62.
Dividends paid to policyholders dur
inr the sear. $7,067.32. . -
Net losses and claims, endowments.
surrenders, and annuities paid during
tne year s40,ouz.uo.
Lo6k and Learn
By A- C Gordon
the world production of sponges
In W38, last ''normal" year before
World War II, was estimated at
more than two million pounds.
Calif ornians .
Visiting With
Talbot Family
JEFFERSON Mr. and Mrs.
Clair Calavan and four children
of Riverside, Calif., are visiting
at the home of Jake Gilmour at
Talbot and with his parents, Mr.
and Mrs. John Calavan at Dallas.
Mrs. Calavan is the former Georgie
Gilmour, daughter 'of Jake Gil
mour.
Mrs. Hattie McCarty returned
this week from a visit with her
daughter, Mrs. A. C. Smith at
Wolf Creek In southern Oregon.
Neighborhood - friends surprised
Mrs. Edna Reeves with a house-
warming Tuesday night, present
ing her with a Fostoria vase and
serving refreshments. Mrs. Reeves
recently moved into the house
purchased from Mr. and Mrs.
George Potts, sr., in Talbot dis
trict. Present were Mrs. Hat
tie McCarty, Mrs. Ernest Free
man, Mrs. Elmo Brown, Mrs. A.
R. Blinston, Mrs. Jack Craig, Mrs.
Wilma Eagle, Mrs. Gilbert Belk
nap, Mrs. John Zehner, Mrs. Henry
Turnidge, Mrs. Delrner Davidson
and Mrs.' Al Gurgurich and daugh
ter Delene. -
TOOTH PASTE M 1 E JZsfS ft
BLONDS
j-1lll!ltllllll"-
' ! XousTASOurv
III . i :! :;
HJSBANDsY 1
Af?CA W A I
WHEN NOJ CJETC THAT CRASS
RAKED UP, PUT
IT IN THAT StCE.T AND
CAPRy IT. OVER IN THE
A
S I
i
DICX TRACY
PLAGUE- T THEN USE
TAKE-IT f VEf? LITTLE
THIS RAKES RAKE USE
TOO DAD- WER UTTLE
I BURNED VSfcRAKEir-
KIDS DOnT VWiVNTTO WORK
rrWESE CAVS. ALWAVS PINO
SOME EXCUSE,
M
HES BADLY IN NEED OP T
R.ASMA. WE'5 COTA H
BROKEN SUOULbERjANDI
OTHER
' " 1 STOP 1 v "
GEE - TMe KIOS LEARNE0 L $$V
I LITTLE ANNIE ROONET
PLEASE DONT BLAME TUE
KlD5 - ITS ALL MY FAULT-
I THOUGHT SWPPIM'THE
ROPC WAS JUST A CAME
FOR KIOS TO
r :,
M m r . asf
1 'v
I6K0CAHCEI TM EVER-WATCHlNOl J GEE iVl 1 I
ISA FDOCS jSPlRirs WILL 8f tfSOWH-l S
ALIBI ! CjOfFTNOEO WHEN 1D0NT WANT X
ITHEY BEHOLD THIS S.1AWVBOOV I
f a I J iAir rJ at It ft ta r- m a t-.
tTxi t at i.J r- I
''ssJS I "T" 11 ifffM'i'l
"m K-f Imi i
. v- ,
In one large U.S. auto manufac
turing plant, one in every 10 em
ployes has some physical handicap.
! " :
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(Welcome Trav. ILinkletter (Llnkletter
Feature, page . ..
1. Wpat two countries of Eur
ope art the oldest civilized na
tions?": 2. Td what does the term "Okla
homa black, gold" refer?
3. How many Books are, there
in the Old Testament?
4. What is the highest peak of
the Alps?
5. Who was the first American
to' receive the Noble Prize for
literature?
; ANSWERS
1. Greece and Italy.
Oil.
3. Thirty-nine books.
4. Mont Blanc
8. Sinclair Lewis.
5
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LOOK AT JUNIOR,
BOOMClKS ON THE
BfD, BUZ. ISS'T
HE TOO CUTE
FOR
AIL M0NKY5
AKX CUTE
!6PiClALLY
IN 1006.
J
BUZZ SAWYEB
f W!U VOU WATCM MiM, DARLIN& J 5FE HEKE, CHUM, I'M J
W t wWLI 1 WARM til BOTTLE t MO EASY-JITTER FOR AM
4 APE. R6lDES,rvE 60T10 1
' 'WVaS 100 UPrS. Tin.EV KAc6 1
Qfmmm. -mm " 'VvWRED ABOUT. I
BUI THE DOOR!
JcoMe
t BACK HERE!
A- ZXi EXCU88.MB,'
J'h ( COUUONOU-ALL
& POINT AA8 OUT
MICKEY MOUSE
AW RECKON
L.ITTL.E OLD
ME-AIl AAUST
8E PUOST.
w s S '
i Xi 71
WE'LL fft fiX ( PpAVl)
KILL- Jrx7 T5 N :
please r y&i V &&L
MR. 6AUNT,
YOU ARE A
CONTEMPTIBtH
BLACKMAILER!
TUT. TUT, Mi DEAR I LfT'S PUT IT
THIS WAY... THE PROMOTION VUiE
Of YOUR LIFE STORY IS WORTH AT
LEAST FIFTY THOUSAND DOLLARS
' TO ME I YET YOU WISH E TO R46SI
'UPA 60LDEN BUSINESS CPP0RTUNTTT
i CONSENT, I MUST
ST M . BIk. n
lit V I l .'I. nMrLiH mrl JSH
I
RIP KffiBY
THINK IT CVER.-THE REPORTERS Y AtY AAINO IS N
WILL J0T ARRIVE UNTIL OPENING MAO f" UP.... J
NIGHT.M3U HAVE A UTTLE
TIME TO MAKE UP . -jirJfTJ t N
pTio"
. CHASE
YOUR5G-F.'
Iff ivy Kf fc.niill W. IJ m ramt AWr J
GASOLINE
9
10
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KOAC 55 k.e. 10.00 a.m. The Mews;
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BARNEY GOOGLE
I M' IT rVlLMER AMO JESSICA -NH f J COME; TO THINK OJ HE p;KT
- I ARE THE ONES TO WIN aY DiO V BUT HE INOlCATCO THAT TH& ; 1
HERE WE HAVE CLOVlA J 0 WHAT I TWO WEEKS' VACATION" Jf WILMEK REASON 'TWEy CAN Af020 T.!
WITH A FOLR-LEAF 1 I SKEEZDC? AT THH RlP-TlOE ON A A TELL VOU I -r f "
CwOVK ON HEe.HANO, U QUZ PROO?AUf J-j V THAT ? If f ' C 4
nina, and people j YCn JTf fes- ; - i
Hetl T l K -
HAID NER TAIL OF I WRITTEN IN ""V (V-l JhVN ,
THEM tDEES FROM SHORTHAND, lCJ' -TV A? L fZ VS5V
THE IDEE BOX" J fAR-TYLEH-ILL fl&L Y ,S'c fZr& rfk-A7,
p
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