The Bend bulletin. (Bend, Deschutes County, Or.) 1917-1963, August 21, 1951, Image 3

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The Bend bulletin., August 21, 1951, Page 3, Image 3

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Newspaper Page TextTUESDAY. AUGUST 21, 1951 THE BEND BULLETIN-,' BEND, OREGON PAGE THREE Giant Military r Maneuver Tests Army's Strength North Carolina Maneuver Area, Aug. 21 ttPi Most of the critical situations that might face Amer ican troops In a war In Europe are being simulated today in the largest post-war military maneu ver. Outstanding among these, ac cording to Lt. Gen. John R. Hodge, 3rd army commander and maneuver director, is domination by air by aggressor forces. The two national guard' divis ions that soon will go to Europe, the 28th from Pennsylvania and the 43rd from New England, were in headlong retreat before a mas sive aggressor offensive at the half-way mark of exercise "Sou thern Pine" and they had to car ry off the difficult withdrawal without protective aircraft. Planes Destroyed The 9th air force, which is sup porting the divisions, had 4S planes "wiped out" by aggressor fighters yesterday and was un able to combat enemy planes or give close ground support to U. S. forces. "We don't want them (U. S. troops) to get the idea that they can run free all over the coun try with their vehicles bumper-to-hnmoer." Hodge explained. ' He said he hoped to have the two guard outllts "in pretty gooa shape" when the exercise .ends. Rnurh SDots are showing up in their training which for many of their men has run only six to 10 months. Each division had to send 3,400 men to Korea last Feb ruary and then train replace ments. Aggressor kicked off its pres ent offensive from a point about 12 miles- west of Fort Bragg with fitter surprise and badly chewed ud the division'afront lines. When one regiment, the 28th division's 110th, found Itself surrounded, it called for an emergency air sup ply drop. . : The air forces' combat cargo unit dropped the requested sup plies precisely where the regiment had directed out it aeveiopeu nun was 1,000 yards from the point the regimental officers thought thev had In mind and the sup plies fell beyond the lines of the encircling lorces. 1 UEPORT GIVEN Prinevllle. Aug: 21 LaSelle Coles, manager of the Ochoco Ir rigation district, reported yester day that the Ochoco reservoir, seven miles east of here, now contains around 24,000 acre-feet of water. Running over the spill way when the irrigation season started v!n the early spring, the storage lake has afforded ample water for all purposes this sum mer, and growers report potato and clover fields now at a record of luxuriance. Those engaged in dairying or running beef herds declare they have never had ber ler irrigated pastures than on this season. GIRLS RETURN Redmond, Aug. 21 Eight Red mond Camp Fire girls returned home Sunday after spending a week at Camp Plnewa.n at Cres cent lake. Mr. and Mrs. Floyd Day and Mrs. Berwyn Coyner made the trip to the lake to bring the girls home. Janice Cork, Sha ron Day, Kay Ann Smith and Joanne Coyner took their Wood gatherer's rank at the Sunday ceremony and all of the Redmond girls received honor beads and patches. Other girls who attend ed the camp were Nancy Hart man, Kay Parkinson, Dolores Fread and Marjorie Maisden. No. 6S-65 ' Synopsis of Annual Statement for je yen? eSded December 31. "50 ."I"" Standard Insurance Company of Port land in the state oi ... -- ihe Insurance Commissioner oi the State oi Oregon, pursuant to law. INCOME Total premium Income for uie year, 'merlsf dividend, and-rents reeetv ed during 'the year. $l,5tJ9.9G9,33. Income from oilier sources receive durlns the year. SOB .505.57. Total income. W.B68.6!.i!i. DISBURSEMENTS Paid for losses. e"d,owmon,S?oV tlei. and surrender values. $ (",2,2: Dividends paid to policyholders "Dividends paid to stockholders, none General insurance expenses. 1577.- Amount of all other expenditure $1Total2lex3pendltures. $4,061,624.33. ASSETS Value of real estate owned (market valuei $1.211.55000. Loans on mortgages and collateral etc S19.157. 150.98. . , . Value of bonds owned (market 04 'amortized!. $18,945,728.73. ,..,,. Value of stocks owned (market r-rem ".rTnote. and policy loans. $S, 446 238.70 . Cash in banks and on hand. 1590.. Interest and rents due and accrued S2Net1 uncollected and deferred prem iums. S014.930.27. .,, Other assets (net! 175.53-3. Total admitted assets. $43,403,672.44. LIABILITIES. SURPLUS AND OTHER FUNDS Net reserves. S3l.818.660.0O Policy claims and losses outstanding $1Airother liabilities. 58 274.599.84 Total liabilities, except capital. $so. 269 416 84 Capital paid up. none. Special surplus funds. Contingency reserves. S350.000.00. Unassigned funds (surplus!. $2,784.- "surplus as regards policyholders. S3, 134.255.60 Total $43 403.672 44. . BUSINESS IN OREGON FOR THE YEAR Net premiums and annuities re ceived $2 897.648.30. Dividends paid to policyholders dur ing the veear $220,160.85. Net losses and claims, endowment!, surrenders, and annuities paid during the year. ie year. .oo.u.-.. rk Principal office in Oregon. Horn Oi- 'OUT OUR WAY VlAR.' 'TAISJT DU FIMP HAH.' 'TAINT OFTEKj V J BIO FAT OKIE LIKE I THAT HANkS HISSELF A ff ( hji YOU TO KNOCK ON TH' ) f iV HEAP AN' PACK. HOME t I SWEET RA'ZZBERRIES ".".tj Bend Dropped Froin Tourney Cliilds Hardware, Bend's repre sentative in district Softball play; off competition, was bumped from the tourney last night by an 11-4 loss to the Prineville nine: ' Prinevllle will meet Dant and Russell, of Redmond, tonight for the district crown and a ticket to the' state playoffs in Eugene. A second game will be played to morrow night, if necessary. Prineville took an early lead last night as Barney, lead-off bat ter, singled, Bill Decker walked, and Joe Decker drove them in with a screaming three-run horn-; er. In the second inning, Prinevllle slammed .out three: fetralEht sin gles by Mitchell, Barney, and Mikkelsen. Madden, Childs man ager, then benched pitcher Larry. Terlisncr lor- rastoaiier Marv Lines. But before Lines could put out the fire, Prineville scored three more runs on Bill Decker's double.! ;i ; : Childs got two runs back In their ,half of the second on a base, on balls, a single by Harold Smith; 'and a passed ball. Prine ville came back iu the third with one run and Chllcls matched this In their half. - ." -; -.'Prinevllle' scored three more in the fourth on one hit and three Childs errors. Bill Decker got to first on fielders choice, advanced to-second .on a- wild .pitch,, stole Xhtrd, and scored oh an error. . The local team closed out their scoring with one run In the fifth on two singles and an error. The Prineville lads scored their final run in the seventh on- one hit, fielders choice, a passed ball, and an error. , ' Tonight, starting at 6 p.m., a triple-header will be on the dock et. A Little league baseball game between Bend Nash and Brandis Drdg will start things off. The Bend Merchants will play the Darst Loggers at 7:30, and at 9 o'clock, Prineville will play Dant and Russell for the district dia dem. PRINEVILLE ar n h Barney, ss ...4 3 3 Mikkelsen, 2 4 .2 1 II. Decker, e 3 2 1 .1. Decker. I 4 1 2 He llartolo. m 4 ' 2 1 Clone, 3 ; 4 0 0 Hhiulpn. 2 4 , Turner, r 4 0 0 Mitchell, n 3 1 1 Totals 34 11 0 CIIII.DS HARDWARE AH R II RnuKhn, 3 4 II 1 sn 1-1 Svnopsls of annual otement tor the vear ended December 3U 1950. of the connect"! General Life Insurance Company ot HarKord. In the State of Connecticut, made to the Insurance Commissioner of the State ot Oregon, pursuant to law- Total premium lncomo for the year. ,1InteVcst.:1d?vldends and rents received dunn" the year $26,900,062.76. Income from other sources received during the vear $18.035.405 56. Total income S172.686JI72 27. DISBURSEMENTS Paid for losses enw"":.8""!;1," lies and surrender values 5'l04;3- Dividends oald to oollcyholders $2,- MDlv?cieiids paid to stockholders (Cash. J930.000 00); $930,000.00. General Insurance expenses less In vestment exp. $926,303,231 $18,087,501.38. Amount of all other expenditures (in eluding investment expenses $2,125, 738 421 $13,120,935.96. . M Total expenditures $93,504,652.23. ASSETS , . Value of real estate owned (market iralucl $19,075,340.48. .,, Loans on mortgages and collateral. !,CMoge foaSln Process 1,0.5 907.16 Value of bonds owned (amortized! 136 260.776 45 , , - , . Value of stocks owned (market value! tl.8H4.927.00 Premium notes and policy loans $16.- Cash4!-! banks and on hand $10,190.- "interest and rents due and accrued Net uncollected and deferred preml ims $13,506,639.11. Other assets met! -73.133.11. Total admitted assets $312,856,561.81. ' LIABILITIES SURPLUS AND OTHER FUNDS Net reserves 655.869.674.42. Policy claims and losses outstanding 111 4B3 T8-1 7ti All other liabilities $99.663.195 06. Total liabllttes. except capital $777, 121 254 24. Capital paid up $6,000 IWO 00. T,I r.;l,,. (!mrl: $25,289,000.00. UnaFSlgned funds Isurplusl $34,546,- ; 07 57 1 Surplus as regards policyholders $63,- C5 307.57 Total $842,856,561.81. BUSINESS IN OREGON FOR THE YEAR I Net premiums and annuities received 1 -337.544 27 Dividends paid to policyholders our ; rig the vear S1'!.6C7.97. 1 Wet losses una cwimi, nmuwumiw, ' ' 1. ,H ,nnU. D,d during By J. R.William WHAT? THAT FLABBy. TASTE LESS STUFF WHV 1 A LOT O' DOGS HAVK TO BE COAXED TO EAT IT LlkE KIPS , WITH SPINACH- NO TURNTH- THING LOOSE.'. n-22 Cff?.WlUJNV5 I. pi. orr. ) V I s i Doty. 2 3 0 . I FntH-li. s '4 . 1 0 11. Siuitli. ill ., .'. 3 1 - 2 HlllillKs. I 4 " 0 1 OrinJIe. 1 1 . 1 0 Kiel c 4 0 , . 0 II. Smith, r .. 3 11 Terlianer. II 0 0 0 Linn, n 4 ' 0 0 Totals ; . .30 4 FINALS DELAYED Chestnut Hill, Mass., Aug. 21 ill'i The rain-delayed finals of the U. S. national doubles tennis championships were to be played today with two-Australian teams fighting for the crown to climax a tournament In which American stars took a trouncing. Down un. der Davis cup aces Frank Sedg- man arid Ken McGregor, perhaps the world's best doubles duo, met the powerful pickup pairing of countrymen Don Candy and Mer- vyn Rose on the grass courts of the Longwooa tjricKei eiud to wind up the 70th edition of the Blue Ribbon tourney. MacArthur Leads Los Angeles, Aug. 21 (IB A research commlltee reported to day that preliminary results of a nation-wide poll indicate the nation's voters prefer Gen. Doug las MacArthur over Gen. Dwight D. Eisenhower .as a presidential candidate. ;,.- Thp Doll was conducted by the wage earners' committee, which sent questionnaires - .to persons throughout the country to deter mine preferences for presidential candidates. The committee, organized here last year, described itself as being formed to fight socialism, com munism and labor bossism in the United States government. At a mock trial sponsored by the com mittee here last February, the audience "convicted" Secretary of state Dean Acheson of "betrayal of his country." Answers received so far show ed that 16,142 of those polled favored the., ousted Far Eastern commander and 2,942 favored .Elsenhower. The committee said Eisenhow er's greatest strength was in Con necticut, where he ran 68 per cent ahead of MacArthur in the poll ing. MacArthur Is leading In ev ery other state tabulated so far. The committee said the final results of the poll would . be known Saturday. Comments written on the bal lots Indicated that many voters favored Sen. Robert A. Taft for president and MacArthur for vice-president or vice versa as an election team. . No. 4-M , ,k, Svnonsls of Annu-il Statement for the vear ended December 31 195" oi in hlcl Colonv Insurance Company of RoJton in .he Slate of ".hf0'n'r made to the Insurnnce Commi"ionr-r Sf the Stale of Oregon, pursuant to UW: ADMITTED ASSETS Bonds. $9 SMI Stocks. 410 212 547.00 Mortitntie loans on real estate, none. Real estate, none. .iin-ns' Wff oVvfdond, and real estate tn come due md accrued $75,410.37. - other net $6.929 33. ..,. Total admitted isscts 20.74I.316.5B. LIAnil.lTIFS SURPLUS - ' AND OTHER FUNDS Losses. $1.816 085.63. Loss ndlustment expenses WSjJt-M- Unearned nren-lums. $8107 ' 277 '.. All flher liabilities. $492 028 fl. Tot.fl liabilities, except capital, 10.- 5Canltal' paid up. $2,000,000.00. Special surplus funds, none. Unassigned funds (suiplusl. $8,233.- 233 243 03 Total $20 741 316.53 ,,, STATEMENT OF INCOME Premiums earned. $7,494,337.28. Losses incurred. $3.531.711 20. Loss expense Incurred. S337.40O.-n. Other underwriting expenses Incur red $3 610 876 51 Total underwriting deductions, 17,. 479 988 38 , Net underwriting gain or loss. $14, Investment Income. $728,037.12. Other Income $1,947.94. Total, before federal Income taxes. mi in ofl Federal income vaxca mtunt", $71.- Net income. $672,955.25. Dividends to stockholdeers, 11,450.- ooooo Dividends to policyholders, none. Capita) changes (netl. none. Other Items affecting surplus (net) $1 823,985 89. Total rapita! and surplus Items (net). $373 !SS 80 Increase In surplus as regards policy holders. $1 016 041 14. BUSINESS IN OH EGON FOR THE An Net premiums received. $59.848.ff7. Net losses paid. $18.569 68. Dividends oald or. cred(tod to pol icyholders, none. Principal office In Oregon. 704 Fail ing Building. Portland, OrefoB. Redmond Family Visits Corvallis Redmond, Aug. 21 Mr. and Mis. Ed Robinson spent the week end in Corvallis visiting relatives. They plan to return to Redmond Tuesday. Robinson is un' em ployee of Houk Motors. Mr. and Mrs, "Frenehy" Bu chard and family started a two weeks' vacation Sunday. They planned to go to eastern Oregon and Idaho. Buehard is an em ployee at Redmond tHouk) Mo tors. Mr. and Mrs. Tom Lee spent the week end in eastern Oregon. . Stan Smith will replace Tom Jones as football coach at John' Tuck grade school according to Principal Hugh Hartman. Smith will also teach seventh .grade and assist Coach Win .Roberson with the basketball' squad. Smith is a graduate of Southern Oregon Col lege oi Education. August 31 instead of August 30 will be the date for the annual Junior Legion baseball banquet according to Hatold Clapp. Pate Set ' November 10 was decided at the last Pomona meeting at Plainview hair as the date for joint installation of officers of that group. The ceremony will be held during the evening session. Ed Harris of Los Angeles, Cal ifornia accompanied McKinley Stockton to Redmond Wednesday. The two men transacted business at the Dicalite mine. Stockton Is assistant to the general manager of the Great Lakes Carbon cor poration and Harris is operations manager. . . , Mrs. Irene Boone and daugh ters, Mrs. Richard Galvez and Janet Boone and granddaughter, Jaml, have returned from a two month's teur.of Eastern United States. Mrs, Boone is Commercial instructor at Redmond Union high school. Mrs. Galvez and riniirhtpv live in Pico. Calif. Ritual practice was un me Sundav agenda for members of the Women of the Moose accord ino tn Mrs. Mildred Schoen. rit ual cnairman. ine next regum, meetlne of the group will be Wednesday, August 22, at 8 p. m. A fnrmnl Invitation is slated. Mrs. ..Ardelia Jones and Mrs. Flo Tiibou will head the serving committee at the next meeting of the Townsend Club, August 27. Mrs. J. R. Roberts, .Mrs. Grace Frizzell and Miss Anne Schulke were prize winner's at Wednes day night bridge meeting at the home of Mr. and Mrs. C. W. Van Buskirk. Mrs. C. M. Dale will be hostess to the club September 5 at her home. Tea Held A program and tea for their mothers were scheduled Monday, Aiinust 20 bv the baton and tumb ling students of Mrs. Harry Sly. nii-io nartlclnatlnB included Ann Pool, Lynda Baker, Chaiiene Hi-' ntt, Cvntnia uuaiey, June nuiier, Jean Titus, Donna Minkler, Mar lene Barnes, Janet McKlnnon, Cheryl Petty, Judy Thompson, Sharon Elrod, Janette Smith, Di anne Hansen, Wilda Peden, Joan Larive, Lanl Frenzl, Anne Rake straw, Sharon Douglas, Nancy Miller, Ann Miller, Carold Han-, cock, Dolores Mitchell, Carol Dudlev. Jean Butler. Ginger Mir- ehell. Donna Rowe and Diana Davies. Redmond Rebekahs will meet Aueust 27 at the Townsend Hall. Plans for their food booth were made at the last meeting. Mis. Donald Warelng will be hostess to the Home Economics club September 4. Relative bridge club will meet August 21 at the home of Mrs. Franklin Nolan near Redmond. Mrs. Jack Weieand won high hon ors at the last meeting at the home of Mr. and Mrs. Dale Ayres of Terrebonne. Keliet articles to oe sent to vic tims of the Kansas floods were collected by members of the Al pha Mu, Epsilon Sigma Alpha at their last meeting at tne nome oi Mrs. Bennie Daniels. Un R1.R1 Synopsis of Annual Statement for the ,,,, ended December 31, 1050 of the a nrnniii nnri Liability in surance Company of New York, tn the State of New York, made to the In surance Commissioner of the State ot Oregon, pursuant in law ADMITTFn ASSETS Bonds. $7 5T7.MI 90. Stocks. $328,402.00 Mortgage loans on real estate, none Real estate, none Ma Carh and bank deposits. $1,004,009.84 Agents' balances or uncollected prem iums. $950,519.17 Interest, dividends and rent estate In come due and accrued $26,820,07. Other assets. $82.153 90, Total admitted assets $9,919.632.8 LIARTLITIFS SURPLUS AND OTHER FUNDS Losses, $2.622 884.00. .....- Loss adlustment expenses. $144.700 .00 Unearned premiums. $4,139 975.32. All other liabilities, $643.887 85. Totnl liabilities, except capital. $7. 551 453 17. Capital paid up. $1,250,000.00. Qnanlnl nirnllll flinHs. nnllS. Unassigned funds Isurplus), S1.118.- ITO II Surplus as regards policyholders. $2,- 368 17H.71 Total $9 919.832.88. STATEMENT OF INCOME Premiums earned. $5,771,111.82. Losses Incurred. $3,000,138.08. Loss expenses incurred $477,208.62. Other underwriting expenses Incur, red $2,564 466 15 Total underwriting deductions. 6., 041.812.85 Net underwriting gain or loss, -$210., 701.03. Investment Income. $168,081.67. Olher Income. -$33,102.53. Total, before federal Income taxes -$13.1721.89. Federal Income taxes Incurred, -$2 858 57 Ne. income. -$132,883.32. DivWcnds-to stockholders, none. Dividends to policyholders, none. Capital changes met!, none. Other Items affecting surplus (neti 1103 017 36. Total capital and surplus items tnett $10?. 017.36 Decrease In surplus as regards policy holders. -129 845 99. BUSINESS IN OREGON FOR THE YEAR Net premiums received. HJBWM. Net losses Datd. none. Dividends paid or credited to poster New "Pork Barrel" Baffle Looms Affer Large Requesf By Paul Sotithwick . Ulliltnl PreM Staff Cut rwUMMIiltml I Washington, Aug. 21 'tli Presldent Truman's precedent shaltering request for $400,000, 000 for midwest flood relief and a national flood in.sur.ince pro gram was certain today to kick off a new "pork barrel" battle in congress. ; Mr. Truman urgently asked congress yesterday for loans and direct grants to restore the area's vast farm and industrial produc tion, badly needed in the "strag gle for survival" against com munism. He said Industries in the Mis souri-Kansas valleys tinned out hllnrli-pilK nf iiitiiIiu-Ig. "cririr-nr in building military and economic strength. Seriously Affected , "Our meat supply will bo seri ously affected by the loss of corn and livestock, and the food sup plies of not only this nation but the whole free world may suffer from the loss of wheat," Mr. Truman said. - .He pleaded for immediate ac tion before winter comes within 60 to 90 days, anil said congres sional approval cannot await the usual legislative schedule. Chairman Dennis Chuvez of the senate public works commit tee promptly culled hearings for next week. But the New Mexico Democrat stressed that he in, tends to go into the whole flood control situation-. The President "is talking of the emergency on ly," Chavez said. "The over-all picture is even more Important." Chavez has claimed that "pork barrel" critics of flood control were responsible, for the "econ omy" which he said prevented adequate flood protection for the Ifansas-Mlssourl area. . - Drastic Situation Sen. Andrew F. Schoeppel, R Kan., said the "situation Is dras tic and congress has to gojurthc-r than lt has in the past. Thousands of persons in tne iiooueo areas need help -many ot inem neeu outright grants." But Schoeppel warned that "additional safe guards" will be required for "screening" applicants to make sure aid is fairly distributed. Mr. Truman asked tor approval 'at once" of a $400,000,000 appro priation for these purposes: . 1, To repay flood victims for n part of their loss of real and per sonal property but not more than 80 per cent of the cost of replacement and not more than $20,000 per person. 2. To make and guarantee loans on liberal terms for the building pf homes and business to replace (hose destroyed, 3. , to provide on-iurm .usaisi- Mortcaires August 10 Richard E. Petrle, et ux, to First Nat, Bank It. 7 blk. 14 Bou levard. Edwin J. Stringer, et ux, to Pa cific First Fed. Sav. and Loan N'4 lots 1 2 blk. 1 Ehrels add. Wende J. Thompson, et ux, to First Nat. Bank NV4 lots 17 18 19 20 blk. 11 Kenwood. - Mortgage Releases P. W. Chcrnenkoff, et ux, to Richard E. Petrle, et ux. U. S. Nat. bank to Vernon Klum, et ux. Mortgages August 11 E. G. Huston, et ux, to Ernest W. Ellis tr. In NWSW 8 22 21. Arthur M. Knutsen, et ux, to Deschutes Fed Sav. and Loan lots 6 7 blk 8 Keystone. , G. V. Wilson, et ux, to Equit. Life Assur. soc NESE 9 NWSW, WMiSWSW 10 14 13. Mortgage Kelenw-s U. S. Nat. bank to Clifford Kribs, et ux. Bank of Bend to 1 James u. Brown, et ux. Oregon and Western Comma- tlon Co. to Charles Christy, el ux. Mortgage August iH Marion C. Smith, et ux, to Tom R. Hill, et ux, NWSW. 17 16 12. Fred Wcnetta, et ux, to First Nat. bank lots 5 6 blk 6 Kenwood. Lloyd S. Craven, et ux, to First Nat. bank pt. SWSE 28 17 12. Charles A. Martini, et ux, to U. S. Nat. bank pt. SWSW 20 15 13. Mortgage Kclcases U. S. Nat. bank to Alfred G. Olsen, et ux. First Nat. bank to William T. Moura, et ux, lots 5 6 blk 6 Ken wood. U. S. Nat. bank to Charles A. Martini, et ux. Mortguiftts August. 15 Stacy G. Smith, H ux, to First I Nat. bank lt. 13 blk. 7 Rivori Terr. I Raymond L. McLean, et ux, lo First Nat. bank (assgn mtg), j Mortgages August Hi ! Sterling M. Soicnson, et ux, I to Nealan R. Gilbert, et ux, lots j 3 4 blk 13 Bend View. Mortgage lUiliiiscs j Grenville Leo Plass to Elmer D. Gridley. et ux. Nealan R. Gilbert, et ux, to! Sterling M. Sonmson, et ux,1 (marg rel). ' INTERIOR PAINTING and DECORATING Call 637 HAROLD DUNSMOOR Formerly of Salem, Oregon 5 Generations of Painters ' Maybe We Painted the Mayflower? 652 Newport Street ance and loans lo help farmers drain and rehabilitate their land, replace1 buildings and restore production capacity. 4. To permit loans where neces sary to enable state and local gov ernment participation in the re habilitation. 5. To provide funds for a na tional flood disaster insurance system, similar to the war dam age insurance system of World War II. Worst on Record Mr. Truman told congress that the floods, worst In the recorded history of the region, already have cost more than $1,000,000,. 000 in physical damage and "at least that muen more in loss or income has been counted in pre liminary estimates. When the final estimate Is in the toll will be greater." - He said that loans even on lib eral terms are not enough to help people who have lost homes, farms or businesses. For that rea son, he said, it is "essential" to provide "some rehabilitation grants." The whole aid program, the President said, should be carried out jointly by federal, state and local governments. They should share the costs where possible on "some equitable basis," he said. "The system of flood Insurance should lie based, if possible," he said, "upon private insurance with re-lnsuince by the govern ment. It depends, of coui'se, upon the demonstration of private in surers that- they, can meet the needs of those seeking insurance at reasonable rates." Once the national program Is In effect, Ihe President said, "there should be, no need In the future for a program of partial indemnities such as is now pro posed for the midwest flood vic tims." . CRAWFORDS VISIT Madras, Aug. 2lr---Mr. and Mrs. O. G. Crawford, who recently sold the Heppner Gazette Times, long oubllshed by the urawiora lam lly, after disposal-of their, home in that cltv. were here the past week visiting Dr. and Mrs. W. H. Snook. Mrs. Crawford, active in affairs of the Eastern Oregon di ocese -of the Episcopal church; conferred with officials of wom en's organizations of St. Marks church while here. Mr. and Mrs. Crawford were on their way to Gearhart for a beach vacation. Dairy cows with water always available to them drink about 18'i more each day than those given water only twice a day, and they produce more milk. NO. 11-11 , Rvnonsls of annual statement for the vear ended Tlpcemher 31. 1050 of the Lutheran Mutual Life Insurance Com pany of Wflvnr'v In Ihe Slate. nf Towa mnrle tn the Insurance Commissioner nf the State of Oregon pursuant to law? INCOME Total nrem'um Income for the vear 85 nnfl.414.20. Interest, dividends and rents received durlnit Ihe vear $1,318. H5.06. Income from other sources received diirlne the vear $942,051 33. Total Income. $a.lr0.R8t.l9. DISnllnSf'.MF.NTS Paid for losses endowments, - an nuities and surrender values. 11,141.. 699.17. Dividends paid to policyholders (8.1 1. 8114 .08, Dividends oald to stockholders, none Cleneral insurance expenses. $1,101.-. 100.74. . Amount of all other expenditures (In cluding Investment expensos. nonel 8657,209 32. Total expenditures n 752,233.91. ASSETS Value or real catato owned (market valuel $474,831.04, Loans on mortgages and collateral etc.. $17,636,440.04. Value of bonds owned (market or amortized! 821.870.647 88. Value of stocks owned (markot value) no". . .. . Premium notes and oollcy loans $1,714,426.40. , . . Cash In hanks and on hand. 1663 082.09. Interest and rents due and accrued $318,278.88. Net uncollected and deferred nrem lums. S812.437.00. Oilier assets fnetl. -$27,134 68 Total admitted assets. $43,400,909.25. L1ABII.IT1F.S SURPLUS AND OTHER FUNDS Net reserves $35 825.722.00. Poltev claims and losses outstanding 886.020 00. All other liabilities. $1,080,472.05. Totsl liabilities, except capital. 140. 792.220.05. Capital paid up. none ' Special surplus funds. $150 000 00. Unassigned funds (surplus) $2.436.. 'Ri'20- ., ... - Surplus as regards oollcyholders 12.6IV1.689.20. Total. $43.400 809 25. BUSINESS. IN OREGON FOR THE VEAR Net premiums and annuities received 818.758 25 Dividends paid lo policyholders dur ing Ihe vear. (2H36 I2. Net tosses and claims, endowments surrenders. snH annuities oald during the vear. $2 779 29. Service & Repair ( Household and Commercial) Refrigeration of all makes Washing Machines Water I'limps Electric Motors Electric Kangcs Oil Heaters Oil Burners Mike's Electric Repair Shop 1645 Galveston Phone 1437 W Crook.' Growers Continue Crop Of Top Seed Prineville, Aug. 21 While the acreage of the crop has dwindled in Crook county, where this seed Industry originated m central or-1 egon in the Lone Pine district in ! the west end of the county, until j it is .modest as compared witn , the.22,000-acre crop for 1951 In j Jefferson county, a few growers j in the area continue the produc-j tlon of top quality ladlno clover seed. William Streeter, former Cali fornia rancher who has an IrrI-. gated place in the McKay creek district north of Prineville has begun the harvest of 100 acres of ladlno on which he has applied for certification. His quality is such that he will make exhibits of his seed at Oregon and nation al fairs and shows this year. His yield is high. . In the Lonp Pine district where the late Kenneth E. Duling,: cen tral Oregon farm leader, and his brother Roy, did much, to launch ladlno production in the days of its Infancy, Orville, Waynard and Harold Buckner, brothers, have an aggregate of 100 acres of fine ladlno. Several Powell Butte growers also -have smaller tracts of the valuable clover seed. Roy Dullng made a record for yield on a dO-acre .tract in the Lone Pine district which has nev er been beaten, and at one time Kenneth D,uling held the record for the acreage of-ladlno on, the coast. 1 ' 1 1 ' ' : ' wmztbr ttKfcfu With Water" - , V ' .. i t ., .-. I , , Olympic Bitwlej Co, Olympla, Wo, U, $.. 5 if ii 1 ' ' NOW " mmJMt 4?AssU' MrmwJ "crtn Play by D(mr Duvet and Albert Malu Smf yWtiBtW. W'... From n Original Story by Slav Fiahtr Eli t UHli itlVk fill A iM 1 1, Hi) T POI DIPINOAILI TRANSPORTATION... Bulletin Classifieds bring results ENDS TONIGHT "PRINCE WHO WAS A THIEF" also MICKEY ROONEY "He's a Cockeyed Wonder" - TOMORROW! RlrU THE RJRB OF THE GRERTRPRCHE UIRRS! 2nd BIG HIT! VtZ r Ma. -t assslaw assss $- BARKER VIROINJA , HUSTON. Gates Open 7:45 Show at 8:30 PLAYING! ' COMEDY CO FEATURE oilier Zchetor j STEPHEH McNALLY COtEEM SRA When you travel East, you'll find it a happy choice to go Union Pacific You'll rest as you ride . . . enjoy won derful dining-car meals, home-like lounges, comfortable Pullman and coach accommodations. Go UNION PACIFIC . . . it's the pleasant way East. Thrt tint trains daily to end horn ih Catt fCedmAnM "CITY OF PORTLAND" "PORTLAND ROSI" MDAHOAN" BV help plan your trip Ask for beautifu lly illustrated booklet ot "VACATIONS EAST" MR. H. D. ATHON, General Agent 10fi4 Bond Street Bend, Oregon Phono 63 Sf SHetftc... Sf UNION PACIFIC flee. PortUnd. , yur J5J,715J.