I
4a
The Bend Bulletin, Tuesday, May 17, 1955
i .j
GUNS DON'T INTEREST HIM ANY MORE -en. John Sailing one of three surviving veterans
oi tlie Confederate Army, seems more interested in the camera than in little George Elkins pistol.
The old Boldier recently spent his 109tU birthday quietly sitting at his Slant, Va., home, wearing
a new "Texas style" hat and eating from a 40-pound birthday cake.
Both Industry, Union Agree That
5-Year Contracts Worked Out Fine
Ily II KY W. UK LINK
lTnHed Vtohh Staff ('orrrspdiulciit
DI-rrROJT (UP) The auto
dusti-y and tin CIO United Auto
Workers, knee-deep in netfoti.ilif)Ts
for new labor. rnntrarts, agrco on
one thing: The five-year contrae's
signed in 1930 worked out fine for
everyone concerned.
The industry enjoyed uninter
rupted production. The workers
lost little lime from strikes. Most
of them averaged letter than 40
hours of work n week. Their py
envelopes grow fatter from auto
matic cost-of-living increases.
Now, as the 1!150 coiilnics nr
nlwut to expire, the industry would
like to negoliate similar long term
agreements.
But the union doesn't want ihem.
It would like the new conlracLs
to run for one year, or at the most
for two years.
This is one of the major areas )f
disagreement -in the negotiations
now under way between the union
and the nuto producers.
How firm either side Intends
to stand remains to be seen. .
Wise Decision
UAW President Walter Renther
admits the union made a who
decision in signing five-year con
tracts in 19r0. The union mndo
HYNOI'HIK OP ANNI'AL STATU MKNT
Kot the mr emt.tl Mnriitr ill, 1UH
MONARCH LIFE INSURANCE COMPANY
'uf HptKmnrlcl. In the Httle ur Mfai4iiiititl.
mJo lu tlm !tiiirn tumtiiliiluiicr at tlie
Hiate of Uira-oii, purmnnt In law;
ASSETS
1WJ t Sf.HiMI.evr.9ll
Blotke , a.TJI.UT oil
Aior.eee iuui ou real eilate. n.nju.il.;ia
IUal entitle 1.0.".S,i'2 u
I'ttlk-y liutii and (ifmJmn nulai l.l3t, flfl
t'atli and hank dn-oilU. ... l.UVU,4:iS.9
lrrmlumi ilue and dcfrrmJ (life
and aTidriit and hraltli) . U0,S0 AO
Imrmi and oilier lnietfliiit
InrtMKe due end SG.Sii 2n
Oilier aiirU , l.SnT.OU
Tout inu I sim.iaa u
LIADILITIEfl. SURPLUS AND
OTHER FUNDS
Hnrrrri for lllo and erclilwil
and tloallh ull lM f 5d.n?3,S3S S
I'uluj' and mitlrjfl tlalmi hT3.Mii T2
All oiIit llkl'tlltlt A.n.ill.;
Tola! Iininllltri, exrrnt (ImI J,4tU,TiH lii
ruiui inid mi e'j.viiu.uou.uu
tinul lurt'lu
fundi l.Lr.T.nntt 0
I'nutilii'Kil ttiruluN ... tl,ft;4.n;ii HI
Huri.lui u r'fl(di iKjIlotmldiri H.N3J.73f 31
i C(v 41
SUMMARY OF OPfHATIONS (Atcrunl Ui
1-r.ii.liiiim and aiu-yllj
I 3l.lSa.T0!l.T
Utl.ll
fnr
iii'U"n-itary iiwirai-la
Nt Ixtitl il ImiKii
Utiuf linuuio Until
Toul :.
I'ulitr driipfha
I'wniciila un intilnnrnti
trail, tilt Idmd aiTuiuulillixit,
and inicrrit ....
In.fci.a m trirrri .
1'onirnUilom, Halm and Rrnrral
lniirani riitcnu-i aiul laiea ,
ONier orrrallfie .i.-Iuriiiwii
llldilcnda lu poltnlKitdrra:
4.US1.5'i.jr
Net fain from oirriUmi I
Illinlrlfll to lohlHjiilrri 20U.UUU tit
OilirT H ri i affailut turi'lui
ml iiitiiIui fundi incO 10 .tan .17
. 1u(i aiu.i.'N r.;
Irirrmt In itirnlut and
M"H'il Miri'iui futvi Mm t'.rti 711
auomcno in una. it un rUH IHt YLAH
(J
1 lit.
R'nl am
tdtratlu
lulttHltd dutini Hie
lilt -JH.:i
l.llil f
Olvhku.li il It) or rrtlHt to o
Ii)liil.liif ilnrjtif m
vnuia urnriii iu rlalini, rtul.m
miu, iirrrr-lrri. and annuMlet
l4id dun 11 1 tliv imt ;b fljij m
rniMiiul orfire lit Urreon: J'orllaiJ.
lrotip Llfr rtintlnBcnrr lleimc t T mo no
lolunurr Irtriif jl.-.'-Wjui,! ou
ccieor oeross,
-fhe'counfry
f0; &
;only J
. j other rates from Bend
Boston $2.00
Chicago 1.75
Salt Lake City 1.00
. Seattle s .70
Station to station rates, not including tai, lor 3
minutes after 6 p.m. weekdays and all day Sunday
' Save time call by number
J
CI
fticifie Telephom wo'Vs to make your
u m a n u n
le
. IP",;;-
steady advances under the con
leads. , .
Through the cost-of-living form
ula, and the nutomatic "improve
ment factor" Increases, nuto work
IM S got pay boosts totaling 44 eent.
an hour during the period.
At General Motors, which turned
out half the nation's ears in thi
five years, the workers lost an av
erage of only ,13 minutes per man
each year because of work stop.
pages. In l!rl, only three minutes
per man was lost.
For the industry, sales and pro
duction boomed between IOtO and
1 0r5 and the auto companies ex
perienced their greatest expansion
in history. General Motors, for ex
ample, reported . it had creat"d
141,000 new jobs duing the period
despite a decline in .defense jobs
tint last two years.
The manufacturers have left no
doubt they would like to sign five
year eontraels with the UAW
igain. CM President Harlow 1!
Curtice said recently:
When it was signed in 1050, it
was the hope- of llh parties that
Ibis agreement and the adminis
tration of it in good faith would
bring about an era of industrial
peace; that it would mean stable
jobs- will good pay; uninterrupted
-land high volume production, and
would, in short, be beneficial to
the employes, the shareholder, the
suppliers, the customer and man
agement.
"That it has fulfilled the prom
ise held for it is now a matter ef
recoifl."
The union doesn't dispute this,
term contracts. Why?
but doesn't want any new long
Ueuthcr said the five - year
agreements wouldn't be n good
buy for unions at this lime, He-
cause or automation, the rap'd
shifting of job classification; and
other factors, a union would le
unwise lo lie itself to more limn a
one or two year contract, he saH.
Hi-spile Reuther's stand, thev
could he a compnimiso. The uninn
wants a guaranteed annual wage
plan even more than il wuits a
shorter contract.
Then1 is a imssibility the com
panies might yield a guar- meed
annual wage in return for another
uarantee of five years of labor
peace. Itiglit now, however, this is
inly speculation.
I11K IIIMKI KS
KKNT, O. tlMM Tiny
hitchhikers eat their way cross
country at the expense of beau
t If ul trees. Davey 1itM experts
report that leaf - devouring caler
pillars, beetles and moths air
covering a lot of ground even be
fore they grow wings. 1 hey are
frequently picked up and carried
for miles by ears, busses, trains,
even by strong breezes.
sphonei
Mr-
telephone 1 bigger vatut every day
n
i
For tbe Tear eodod I)eeDbe 1. 1954
0 the
PIONEER MUTUAL LIFE INSURANCE
COMPANY
of Pario. In tbe Htate of North Dakota, made
U Uie Imuran ConiuilMloiier of U10 Slate uf
Urnun. uuriuant u law:
ASSETS
Mrmdi 4 I,9.39T.38
Mnrtitaira loina on rtal eaial
lU'Hl falate ..
1'ulicy luani and protnlum notea...
Cull and tiatik dipotH -.
l'reriiUuni due and dtftned (life
1.3UCi,VU7.0ii
and ari'ldi'iit and heal 111
.... 1B6.860.T3
Interest and other luveilruent
liixni' due and acrruau.
dll.rr aiirli
Tulet anrti S 2,ln,2M.1!t
LIAUILITIES. 8UHPLUB AN U
OTHER FUNDS
lltitwa fur life and atcldmL
and tir.lth iMillclea f 17,616.184.13
I'uirt-r and rnmrart flilmi H.lla.Sfl
All uih.T llalillltlei l.luf..a 21
Total llahiliilei, ezretit capital, f lV,lii,ta3.U0
ii aurniua
fundi e00.00ffl.O0
Unaitierird tunilui l.ltil.Tvf 71
Hurpiua ei rtKarda pollcjtMlderi 1.TBI.TW.T?
intai , .. 9 Si (i117.Jvo.TS
SUMMARY OF OPERATIONS (Accrual Baali)
i-rtidiuitii and annuity
(OI1ll).TtlQllt $
ContliltralKtiii for
iiDliltnirniary ontrerU .,
Ni-l liiu'iuiii-nt I111WM ,,
Older Inrome ItHUi , ,., , ,.
T.Kal $
r-oliijf lirnrflta f
1'aiiiieril tm iuiplenirnlarjr con
IriftK. dividend aiTiiinulalloiii,
and Intr-rcit
Tnin-ase in ri'icnoi
Cifiniiilini, eta 1 111 and Keneral
liitiirnnro oxnt-iiidi and tuaci
OiIht nixfutliiB dcdiirllnni
l'ilcJ,Ti.Ji lo pnlliyholdera .
K.fi7-'..M
Till a I
3,o7:i.:ty,i!(i
4u.(ltiS.J(i
Otlii-r 1 1 fin 1 affciiiiK a'lniliia
anil (iirnliii fund (nrl)
Tnlil
IinTrn(t In luniliia and
in-, till itirnlm fiiniU
22.4B5.M
IS. in; 78
BUSINESS IN OREGON FOR THE YEAR
ufoi, immiuiiu and anniiitr wi-
I'ti-ruilom culisLtcd during tlie
far
hhMm-li paid or rrrdllnl to pol
hjlml.lrr durliiK the year
rii lienrflti and rlalini. anduw.
mriiif, .irr(irlc rf and annul i Ira
tultl during Hie rar
43.371 31
U2. I
BTNOrRTR OF AVNl'At. UTATEMFNT
lor Ida year tn.li.l DiHemlivr SI, lull
of tliu
PARAMOUNT FIRE INSURANCE
COMPANY
of New York, tn lint Hla- of New York, made
a in imiirame t uuimlnnniir t( the Hutu of
AUMITTtU ASSE18
Moi.di M IM48.9S
Mlka .. 4 i;rt.4l2 oo
t ali and dunk dtmiiii ,.t .. a, j.'T,lS7.o3
uiiioiiettt-a premliuna Mtj;4.75
mroiii arm n-BI eitaie
Inwnie due and accrued n 700 7
OlIlIT ail T'.,n.
LIAul L
oriiru ruunu
fnei ana n
li adjustment eiitriiiiii 13 j u 0
ik-btikhI iirrmluiiii 4 Vj j orfi
II wlhi-r Hahilltie , , 1 H,,'71!f h'.
Tola! Ulliimii-. M, q, ra,ttal fl j; Uia aj
H'li4l iall 11(1 Jl, Mm. nun .un
ii Ul turiiliit fundi l,l'.m..lmi til
NanlKtlnl fundi
1 aiirihia ,0'..O17 (ff
ai rrsardi polliylmMrri f ft.olfi.Ktf pa
Total
t'rmiiluj
lw
"'""""i ur i(;olt
3. :),. 17 1. Si!
1 .:.! l' 13 s;
auu.oia si
i.nso.am s?
U.llll.NIO tf
7ji. sm da
4i;tt.:D .T;t
fi.!M0.17l
s:ii;.i)ifl in
bJtl.'.ilti iu
l.S7t,nu.os
1 . 371. MS OS
rrfd
rifinci intiirri
iiil.Twrittna rxit-ti)fk
irrcd
il innliTurllliiir dhlmtl
indirHfiilnu tain
'"nt liiiuma . .
fnlrral liiftnna tami
affwtliif
ti ... .
I and mritliia
O
lint
xriilu ei rem
b'usnkm'ih oheron foh theVear
!:.V:'''""."V .""'" I 37 .Vt; 0
d In Orraon; tiiultable' JUiJaj"
luri
t Uuolea uilnut.
ROYAL EXCHANGE ASSURANCE
of !.!. km, Knaland, In (he Kl-dnm ul tlrrat
HrlUin. maila tn tho Initiranre eomniliiinwr uf
the Mlal uf Otftfim. pnnuanl t U .
AOMITTEO ASSETS
llnii.1i $ S.Silfl.STO M
MI.Hh .. l.tlii.SiJS.HU
t'aiti and hank diolta Bti.'i.mu lv
1 or
iiiitttltn -titl irrinlui
3M 7T1H S
Total adinltt-d aieti ? ll.Ml.isO.i.l
LIABILITIES. SURPLUS AND
OTHER FUNDS
Uitea ...$ I TftO S33 no
Aft adiuitmriit etpenaM. lis l.tJ 3.
I'nranmt nmnlnma 4 l'fi. :M7. 'I
All other 1 1. Ml II ! rtl'I.PH t'
T..UI llaMllli-i. rtrrtd pai'lUl f T..IM.3S.1 rtS
Hl( ,tur? ,1.-v-L..t1 300.UUO1H)
l'niiiml IuihIi
liurp.ui) S tit 01 0
HiiU'lul m rr (anil pulii jholdera S 4 11 ?T P
Total .. Ill Ml. Ml M
STATEMENT OF INCOME
rnxd
S J.'T if
l.
inmrrrO
C i"Jt I. '3 1
31S.7J6 V,
ii'.lrntmmi ni'"iM
InniTrnt
Tola! tindpni rtiiia dturtioiti ..
NpI tiiidrmrltl'if Una.
Inrrttiornl Iti.tune
Utliff iiKinne
Tinal, hpfure fr-lrral Hi. time latnt
pialoral Innitne Uif inrurred .. ..
Net ln.w.f
Odirr iff mi ffwiiiij-
liiriihn Uel 1 ... . I
Ton) rai'ltal and turiilut
t STI.IUS ti
a.ut 111a hi
-i:iii.5T H'.
M4.731 fli
SSfi 1:
IftPMK IS
lo.non iv
110, lit 1:;
49S.S!! Sv
4M. MO I"
uf. Ilit .V.
Inm-atp In inrjilui at rrfardi
polioUiUler ..
BUSINESS IN OHt HON FOR THE YEAR
Nrt .rnitii-ni rrifitni . ... to ivj 11
tirl Ut.tr. rail J.-
lrifiifl nffi.vt In Orni t.Jn'l"t I
penj, lite., 1'etUaud Tum 1)M.. rwtiai:d.
Detailed Soil
Surveys Made
ITll.U'A. N. Y. - 1 IT I - An
: official of the ,IT. S. Soil Oniser
vation Service n'jwls that nppro-
; ximately M).(m) aeiv of land in
Nt w York state's soil eonserva
lion districts were oweii bv dc
tailed soil suneys during 10M.
j "The stil maps preimivd as a
tt ult of these surveys were usixl
Uie basis for eNnomicalIy sound
water management and control
, plans started by most of tho mor
than IVOOO farmers and other lnrl
owners last year," Irving R Siaf
ftrd. slate rtmsrivationist for the
Soil Conservation service satd.
iTVOPMO OF AV4TAT. 9TATWVESX
Vat Ue )tu eod.d iwcan-e il, tvH
r
PROVIDENT FIU INSURANCE
COMPANY
of Nee Ha-ij!iir. sitae t the buwriw
uaimiMtMtf U ue ItiU of 4tteea, ft 'fM
AOMITTEO AWCTS
4t.Mfl.ut9 51
l-.flTI ov
Cub etui bank 3iowu..
AwuW -aleiuei ur
uf.jULUl tfcmiumi 4ll,9rT.Ot
luiernl, ukOtltMidi and real itlid
1ii(mi. due w-t KtcruMl lt.tOT.U
OUter eiird ' It, OH 11
lulal tJiuiKnl ( $ B. 11(1, Ml M
LIABILITIES. SURPLUS AND
OTHER fUNUft
Uhim - 4 tr.44 u
Ititt tUuiiufiii """ tt.Stff.iT
I neariml pfulunii J 9lu,T( (4
All other ilibllltlM ISl tut M
ToUl IJiMlltlBi, ucapt cipltal $ I.SM,4u6.fl
CaplUl plJ 141 H.MKI.OflU 00
I'un.lrftird fundi
(jjrpluil l.Wl.ttl U
Sjitttui m rrftfdi pulltjUldrm.. I t IM lit 31
Twu 1 .l.Mf ft
STATEMENT OF INCOME
I.1W.JTI 41
l.UeJ.OTe Alt
IxiH taiirl Inrulrd - - , ,,
Uitifr nrierrltlig
liii-urrd
TuUl uiKttrwrltlns daduclfwta...
Set underwriting tela . . , ....
InTetlami Income .
l.llt
Svl,0U
HT.Tt
10I.SM SB
H.ttH 31
Sd.tU U
OKI 14
uioet Htm cue
To!l. brfure frdcral Income met
F&JI liKoaie utee lncuned..
Nrt Inroioe .
Ou.er Menu effttUnf
lurplui (net) , , , f
1otl nfitel and lurplui
llnni (net I
130. TJI.
BUSINESS IN OREGON FOR THE Vt.a
NC premium! melted ... . 50 04a J3
NH loiit-i pair! 20.4C7.9S
Prln.tial offl'-e In Orrron: Lwoptm i Co.
Portland Truil Bldf., Portland.
YNOPillS Ur ANNL'AL STATEMENT
'uf Uie lar ended lltMeubet HI, Uit
f the-
OLYMPIC NATIONAL LIFE INSURANCt
COMPANY
of Saitlle. In Uie Htate of Weibloftoo. na4
la tlie lmuraiice CoutnUiiVuief ef Ue SUM 1
UrtittO. nuriuaut U la:
Bondi l l.478.45S.le
Ulcxki 8.21HJ.00
SHO.VOtf.00
ftis.flia.!
141.3UK.7
I'ollrr loam and premium notM-
C'.ili end bank dioalte .
l'funilumi dua and deferred (life
and accident and tiaaltli). le,I.4(i
Jnlt-reit and other liiTvituient
Incuine due and 44,141.41
Oilier mill lailnii and loan
aliarea tl6,000.0
Total eiieli f T.B55.J74.M
LIABILITIES. SURPLUS AND
OTHER FUNDS
Aeirma for Ufa and accldtnl
and liealth policial 1 B,99(,1SI.!7
1'ullrv end roiitfact fl-'f ,. 41.WM.i0
All otiar Hibllltlei HO.iJlt.lT
Total llabllllK. except capital e.lltl,07l.44
Capital paid Up t206.000.00
t'nanlned lurplui 3u0.3ul.33
Hurtilua ai fciardi polloboldcri 501.301.31
Total t f.W.4.k7
SUMMARY OF OPERATIONS Attfuil Bull)
I'lrtQluiiii end annuity
cwitideratlom -, , 1.414.7J4.20
(.omidarationi ror
1 until em etiiary contract! .
99.42T.S4
SSV.IB4.H3
107.40
I.Olfl.ltlT.TT
J'-!7.1i0.1
Nrt lineitiuant locouie
Utlier lncuiue lmi.
Tut ll
i'olK-y heneflti 1
1'ayiiirnii on lupplcraenlary ton
irarti, dlddeiid eccutnulatloni,
and Inlercit
Itnreiie In nunei
I'oiuiitliilotii, claim and feneral
tin it rune eipemei and taiai.
Dlvidi-ndi u polltjlu)lden.
Tntal
aio.iso.is
m.m.y.
, 499 48
ll.S3H.0li
Jlhcr Itt'iui affertlm lurplui
and lurplui fund (net) .
Toul
BUSINESS IN OREGON FOR THI YEAR
Gron prcmluma and annuity con
Idpratlona collected durlne Uie
year f
It.lOT.H
s.aie.Ti
Iliildendi paid or credited to pol
IrvlHildcn durlne Ilia vear
QruM lirnrfli and clalmi. endow
nirnti. turrendrra, and annul tie
paid durlne the year
I'rirn'ipal off I re In Oregon: Id
1UV N. K TUrd. Portland.
SYN'OPSIS OF ANNI'AL STATKMKNT
For His year aiJ"l lei-euiber 81, IUj
of the
CONTINENTAL LIFE INSURANCE
COMPANY
of Furl Worth, In the Htate of Teiai, niadi W
Ihe linurnme Commlnlonur of Uie Btale of
OM'ifun, puriuant 10 law:
ASSETS
flnndi
T3.414 35
4S.41V.S0
ri.ooi.oK
uki
Mnriitme loam on real eilate
Itral ritale (lril l.S3T.3dl.T8
enruititirenceO ,
t.OCfl, 470.00
6i.593.'JT
420,a4i.M
rrmluuia due end deferred (life
and accident and bfalth)..
nirreit and other Inreitmeot
Income due and accrued-.
4.131.94
Total afti - 8 8.030,114,10
LIABILITIES. SURPLUS AND
OTHER FUNDS
Reirrrei for life and accident
Ith no rial I 1.0T6.0S4 51
Pulley and contract clalmi 33.01 1. il
All other lial lintel..- 3TT,3K31I
Tntil lliliil (lei. eiMDt can ta I I 1.386.401.88
Capital paid up 8 500.000.00
l iiilltnrd mrplui . 1.I? M.1T
mirtnui ai retard! policyholder! j.mi.jbi.
Tntal 8 8.020.T24.10
SUMMARY OF OPERATIONS (Accrual Baili)
unit a thi annuity
roijftlilrralluni ,
1.801. 181 4t
Nft Invmimi'iit Income-.
lA0.4Dl.rltl
oiliir Imome lterai..
l,f)3fl.0H4. ti
2.3HT.T40 :I8
-a.44T.ST
Toul
11 y inrtiti on iiipplrmentary con
Irai ti. (llrltlciid accuniulatloni,
ami Inierpit
nrraie In rrfr -
oiTimlxInni. claim and fenrrat
Imuran e expemet and laiea.
tln-r operattiil dertitrt I on !.,
Iviilttidi to uollO'lioldera.
Total ,
Nrt aln from onrratlona 8
ssi.sm.TS
3liN.0Tl.li
l.63i).7J
8.01l).49 73
STT.ntni 01
5.809 JO
niiMrn.li to itockholderi f
tbrr Hem affcvtlm mridui
and lurplui fundi net)
Total
1nrroM in lurplui and
irpiua tunj..
1TT.T30 08
BUSINESS IN OREGON FOR THE YEAR
Irrni (irrmlumi and annuity ran-
Hdrratloiii col Im ted during Die
mr I 47. MS 64
Vj hrnrflti and clatmi, endow.
iniiti. itirremleri. and annuitlri
lll dnrlm the yarr .
3.SS? 34
illKl orrire In Otecnn- 51 H Tftmlnal
Hide. VliU S. V. tlurrlMii. Portland 8.
Wise Vacationers
Go S.P.&S.Ry
To get the most out of your vacation be a wise
vacationer go Spokane, Portland and Seattle
Railway and
Relax on the smooth water level route..
Thrill to the beauty of the Columbia
River Gorge.
Enjoy the delicious dining car meals.
Choose the deluxe coach accommodations with
reclining coach seats and picture windows,
or luxurious first class accommodatioas.
Next time go S. P. & R. Rju
'AfS.
TXOPSIS OP AMVTAL fTATXMFW
1 er tLe iter ended UecenUr II.
PACIFIC INDIMNITY COAAPANV
MT Lo AnctM. In U Cute af t'ellfeniU.
itde tr lnbin l'nnU4lecet C Me
Mute U Oii. p-iem m U:
A0MI1TCD AStCTS
Bond. .. If
eto.a
Leb and baidt depoalla.
A balune r
uiitulierted pretmuiBl
Inicm,. dltldcnda and real eetate
4.UIIUK
lww Oi.e ana wv.wew . ;T';"; ;i
0er eitrti . .5!'i!,r?:
Teut eUntltled MeU 8 , 471.41.18
LIABILITIES. SURPLUS AND
OTHER FUNDS
LoiBM 4 M.K8.44I W
Lbar adluaimeoi eipeeuee. -- 1.SJ4.M2 vO
Lo.ari.fd pr toil al Jl.HI.TTt.M
AH uUer liabltUlee- 3.M4.03V 81
Total liabttttlea, euept capital! 8.1UI.j:.4
Capital paid up H.V4,tH.W
l lltlxd lulade
laiartilvil WJTO.Slt.lf
urp.fi ea retarda peiijtBldie 4 17.M0.31l.lt
Total - 8 4.4Il.;e.U
STATEMENT OF INCOME
Pren.Uuvi earned 8 ii.IM.UI Jl
Lueaoa ltuunrd - - t M.Ue.T?.S
rtpemei locurred . .-. 1.U1.UI.11
4tner unrtrmrliun eipeoaea
urrea
W0 IIIT4
Total undrnrrllluc drd.Ktleci
Net undemrltlor falfi or M.
liiieitu(nl Inrume
Total, before fnlrral Income taxea
Fturral ituvme Lain incvritd ,
Net Inoume .-.
Dttidrfidi t lUickfielderi ((ab).4
Dlildeodi to peiLcyltolderi .
CapiUI (beniei (nil). Traniferred
fioin lurplui (itovl dltldaul)..
Otter ibribi affettlnf lurplui
met) , t
Total capital tod eurplui
itima lottl
Inrrraie In lurplue ai ttfatdi
pollrylioldcri .
8,l.(il
1.104.811.06
4.0.14,II
l.TlT.JM.ll
a.etl.ss).T4
1T.9(i4.M
444,41.40
M4.VO0.W
BUSINESS IN OREGON FOR THE YEAR
Net prenilnmi recelfod $ l.jfOO.SIt.U
Net lotiet pan Wl.414.44
SYNOPSIS OP ANNITAL STATtMtNT
Fw the liar ended December 81, 1VJ
of Uie
NORTHERN UfE INSURANCI .
COMPANY
ef Siattle. to the State f Waihlnftoo, Bade
to Uie Iniurencflj Coamliiloaet ef Ute SUM ef
Orifoa. furiuaat to Urn:
ASSETS '
f ii.sve.3ii. i
Btocki
4.4ST. 311.00
SS.0TT.1I4.4I
8.000.10U.81
8.444.9M.TI
1,184.108.11
1, SJT ,140,00
Policy loani and premium Botee
Caih and bank depoilu..
Premluinr due efd daf erred (Ufa
end accident and heatlb)....-.
Inlereil and other Inreatottil
Income dua and accrued.
Other aiieta , ,..
Total aaiell - -
-4 T4.418.SS1.TT
LIABILITIES. SURPLUS AND
OTHER FUNDS
Reierrei for life and ace Ideal and
health poHelci , f 08,817,437.94
Policy and contract eif 1"t 861.4St.4l
All other lleblllUei ll,:40.S06.0t
Tolel iUbllltlet, except eaplteif 84.818.8I4.K
TaplUl pald-up.81.lOO.0OO.OQ
I'nanlfned lurplui 8,808.408.10
Surplui aa retarda poUcyteldera 10.008.40S.8ft
Total 1 T4.IO.UI.n
SUMMARY OP OPERATIONS (Aetrtml Seel)
Prernluina end annuity
coniideratlonl $ t.88l.lSf.7t
, 1 ,009.41 T.T I
I.ISO.IBSH
8 13.303.4Bl.tl
$ MS0.168.88
Polity beneflia
Paiuenta on lUDolemantanr coo-
tracti, dividend actum uiatlooj,
and lntereit
Incraaie tn renmi
Coromluloni, claim and general
Iniurance expeoiei and tei
Other operatlm dedurtloni
I941.S1M4
81,544.88
608,404.78
11,111,911.04
1,181, T44.lt
144.0O0.0O
Net fain from operatloiui-
Dlrldenda to itMkfulder.
Other Iteuia affectlni aurplut and
urpiui tunai toil) . 86,140. IJ
Total 180,143.4
Inrrraie In ttirplm and ipeclal
urpiui fundi , , f 841, 004, 8!
BUSINESS IN OREQOM FOR THI VatAB
Oron prctoluma and annuity con
nitration. coiiectM durlni tna
year ,, ,., , ft ,80f,448.84
Dltldendi paid or credited la
DOllriholderi durln- Iha uu Oe a IT it
Oroti Ueneflu and elalmi, endow'
raenn. lurrcndera. and annuUlea
pno aunng uie year..
SYNOPSIS Or ANNUAL STATS HUNT
For Ue year ended December 81, IftM
of tbe
GUARANTY UNION LIFE INWRANCE
COMPANY
of Bererly mill, in toe State ef CalUecnla.
made u the Iniurance Cocncaiutaber ef lief
Stale ol OretOA, pur m ant to law; .
ASSETS
Beodi . .. I
tTl4.OT4.ie
atoe
ra,ii.Hi
4.411, 069. Oe
.4ftS.ftO
SS1.9Sl.(t4'
S8ft.88S.tt
llongage loana en real eeute .
Heal aiUU
Policy I Otoe and steal a aejee
caen and bank oepotue
Pretnlumi due and deferred 4T-8
end accident and health)
Intireft and oUier TeeUneat
Inoome duo and r
Other aiieta ,,
-Mad aaieti . ft.
ft. 07 41
.ft6.83
8. 854,84 1.-8
LIABILITIES. SURPLUS AND
U I PI KB rVRvl
Bat err ee for Uie and accident
and health poltctea 0.7tO.tt!.6S
Policy and eontraot cUUm 411. 619.43
All oilier HahlUUei 4J1.U3 H
Total llahlllllea. eieent capital T.SS.SM.41
Special aurplua furi4,000 M
Unanltned eurplui S71.ftS8.ftS
riitrpl aa regard! polley-oldera Sftt.ftft8 88
.T,tal 1 8. 138, 841 M
Sl MMAR.Y OF OPERATIONS Oaiti-wl Said)
Premium! and annuity
romlderatluni L, t l,Slft.TM.4
Cumlderatloni for
lupplerarntary contract 34. ISO OR
Net Imeitment I iKoaie. .. ST3,1T-6.MI
Total $ t.61T.115Stf
Pollry benenti l.-ftr.ltto.tlO
Payment! on lupplemetilarr con- ,
tram, dlrldend accumulation!,
and lntereit 410.480 IN
Inctoaie In reierrai 83,818. 1ft
Commliiloni. claim and general
Iniuranre expeniei and laiaa l.ft76,ftSS.9ft
Otpr onrrallng de-tuctloni 6.0111.66
Dltldenda o policyholder! TS.3I6 01
-Total l.TOJitiSac
Net gain from operation! . $ TO.Olg Si
Other Iteraa affecting turpi ua
and lurplui fundi (net). 101. tT 4 16
Total . .101.174.16
Derreeie In lurplua and
pelal -urpiui fundi . . 8 179 60S 17
BUSINEwA IN O.ltuON FOR THE YEAR
Uroaa premium! and annuity con-
Ideratlona collected during the
jear f T48 80
Dlrldend 1 paid or credited ta pel-
Icyholderi during the year ftT4 It
Oroti benefit! end rlilroi. anrjow-
menti. lurrenden and annul Ilea
paid during the year 1 T1S 84
Principal office tn Oretort: Lyman King Jr .
10)38 N. B. ClMa.ma. Portland.
Ike's Gettysburg
A UNITED PRKSS EXTRA
By MERKIMAN SMITH
VnlUei Prms Whlln House Writer
WASHINGTON (UP) Back
stairs at the White House:
The Eisenhower house at Gettys
burg, Pa., should be truly com
pleted this week.
The builders thought they had
the place finished until Mrs. Eisen
hower decided that she wanted thp
front porch enclosed in glass. That
took quite some extra work be
cause the wrought iron trim on
the porch had been set in concrete
before the Firs Lady made up
her mind.
Quite conspicuous by his absence
at the Gridiron Dub dinner Satur
day night was the President's
press secretary, James C. Hager
ty. He was mentioned In the club
skits, but Jim wasn't there.
With his family, Hagerty was
in New Jersey at his old prep
school, Blair School, being honored
-auto loans -araii,
rf-f . LL LU
! e-P7y - s
'' Real Estate lTTT"" '"',emf
ASK YOUR DEALER FOR U. S. NATIONAL FINANCING
. w
House Getting
as one of the school's more
tinguished alumni.
Vice President Richard M. Nixon
has been traveling so much recent
ly that he says his golf game Is
suffering.
Nixon is a golf tyro. He took
up the game seriously only after
the Eisenhower administration
took office. And now he shows
promise of being able to match the
master, the President, himself.
Nixon says, "Give me a couple
of months and I'll take up the
game seriously.
Which means he's working like
the devil to cur, down his handicap
which has gone from a starting 22
to a now respectable 18.
Hp may quarrel with the handi
cap, but it is about accurate. Nixon
is knocking at the door of a gross
90 and has broken it on celebrated
occasions.
Ward Morehouse, writing in the
Free Press of Colorado Springs.
Colo., describes the conduct of
Backstairs as:
"The prototype of that zestful,
j
Appliance Loom
rr
rm
Low bank rates.
Terms to fit your budget...
anef you establish valuable
For Information
1100 Division,
ra 1
G. A. Silkworth, General Agent, Phono 438, Bond,
Oregon
Generaf Offkei: American Bank lldg., Fertland, Ore.
SPOKANE, PORTLAND and SEATTLE
RAILWAY SYSTEM
Skip mm4 Ttmi nW NtrNnrMfi Ova )JIar
Final Touches
dis
aggressive, hard-bitten prankish
reporter immortalized by Heeht
and MacArthur in "The Front
Page.' He fears no man, neither
presidents nor kings."
Shucks, Mr. Morehouse, I
haven't played a prank in years
and besides that, I'm scared to
death of Mr. Eisenhower or any
president. '
PREVENT
FOREST FIRES!
Last year alone, forest fires
burned 10 million acres of valu
able timber, an area larger
than Massachusetts, Connecti
cut and Rhode bland com
bined. 9 out of 10 of the fires wera
caused by well-meaning people
who were careless with cigar
ettes, matches, campfires, brush
and trash fire
Make sure your fine are dead
out!
Pubiithtd at a public Krvlct In coop
tration with Th Advtrtinng Council.
and the Bid Bulletin.
, How.
Improvement
--
rovemi
Loans
C-iL-
bank credit.
V7
i
BEND BRANCH
call: E. A. Kotkela,
Phono 1360