The Bend bulletin. (Bend, Deschutes County, Or.) 1917-1963, May 24, 1955, Image 12

The Bend bulletin., May 24, 1955, Page 12, Image 12

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Newspaper Page Textt 4 6a The Bend Bulletin. London Dock I Strike Called s I-ONDON (UP) - Docker bulked out In five British pons Monday in a strike that partially paralyzed the nation's vital export business and could shape the out come of Thursday's generuJ elec-j The Laboriles immediately ac cused Prime Minister Sir Anthony tden's government ol being un able to cope with the crisis. How ever, it still was not certain the strikes would hurt the Conserva tives more than the Laborites Y;hose largest union was involved. Efforts by the government and top-ranking trade union leaders to avert the strike failed, and Rome 17,000 dockers walked out in I-oh-don, Manchester, Liverpool, Bir kenhead and Hull, Government officials were to con fer again with union leaders to day. Also, officials of the two dock ers unions involved were to hold Separate meetings to consider thi' walkout. Some observers believed Eden risked losing Conservative votes if BTN0Pft!8 OF AffNI'AL STATE II EST ittr Ilia ear wi'JeJ Dtttiubar 31. If'il of thi THE FARMERS FIRE INSURANCE COMPANY - of Toik, In Uw Hut of rwwsytnnU. mad to tl Insurant CtMUHillilonar f Uim Hlala f Uivgun, purauanl l la: ADMITTED ASSETS Bonds , t.w.tn.n ilurii and ludguianl tuaiu imi rl Sfll.. Keal ratal . 41.UtfU Ull ai3.2l8.VT I iti aitd bank ilvpoilia Aim it bilaiiraa ur uihviiccim lirciDluiDi - - 303,620.00 Itilrreit. (IHIilwiJl an J rial fatal Iriiutu du aiMl atvruMl 12,1"5 5" Oilii-r mh 3T.435.on Total ailinltUd atrU f i.VJl.itii.M LIABILITIES. SURPLUS AND vi hid runua I4MIM 4SS.1S7 AO J. 0113. 71"-'. t I Mtt adjuttmaot annum liiaainrd premium All ntlu-r lUtillltlol ih:i.!i:i:i.ii Tulal llablllllM, urept rsiillsl...$ S.TUJMu: Unaa it 'fieri fundi (surplus) ..., tl.Ol'MSI Burjiliti ai ravardi (lullrylwldvn I 1.H2H.HHI Tviai STATEMENT OF INCOME Frsmlutns carntd IJlt3.8Til.fll Ixiiiii Hiiurrau Isutt cipaiiivi Incur fad Utlitr underwriting tiparuai Incurred . . Tutal uiultrwrltltig drtjuetlwis.., Nat ' underwriting lot! liitaitmvnt Inwjiua l,US.4Ul) 8." 10.ir,T.7T t.T.HAAl .11 4iis..ir,i.ini UO.IW tt' 10. SI Olhaf litcviu . Total, Infers radar a I inroiua tales :. - 333.47. 1 Fedrral Imvm Uses Incurred :t.'JiH,M Nat ImwiDB -S71,75.Ti Otliar ilemi affecting surplus (net) 91.3T0.4v Total capital and lurplua ItMita mi B4.v"0.4 Uaiintf Iti aurplui ai regards imltii-lmMeri 37 TOfi.21 BUSINESS IN OREGON FOR THE YEAR Nrt prrtnlurut racclifd - 6.2H3 Oft Nrt loain paid 1.4S.ia rrlnrlpal offlre In (Irrgon; l.ahdli. IVIklui A I'arrlili, lur I,. Anderson, Manager, llruad ajr llldg., l'uriUtxl, Orrguu. SYNOPSIS OF ANNUAL STATKMKNT For Hit yaar ended December 31, Ittr.t of Uia TRADERS AND GENERAL INSURANCE COMPANY of Dalles, In Hit Hints of Ten, mad to th Intumiia t'uuiiuliiluner or Ilia Hlult ol Oreiiun putiuant lo law; ItWI.IS 3.178,00(1.7' a.oztf.o.'irt.fli 275,u(Jii m i,'J7i,j;i).ni HUM hi .. Ileal estate I'aih and bank (Jtimilts ... Aro'iti balances or umullnlMl premiums - l.BIHV.'TT.O' Inlerrtt, dlrldendi and real estate Insuuia due and artrucd 1H. 134.7' Otltar aiirta o.T7.1 Total adinlllnl tltftt I 10.OH1.a0O.3l LIABILITIES. 8URHLUS ANO OTHER FUNDS iMM $ I.Snff.SU.l! toil aJJutliiiWit aiptiiM 133. HI 2. 9? I'm-arntd pronluini a.HNG.ri.'i'.' It All ollirr llahllllle) HOfl.443.Ut Tola) llabimiaa, ripm ranltal $ 7.li.aau.i( eapllal paid up ...f 1,000,000.00 I'tiaiilgiird fund (iurp!u 1. HOD, 040. 14 Hiiriilut ai tvgatdl pollcjlwldrt.. f 2.1110.010.14 Total , I 10.084.300.31 STATEMENT OF INCOME I'ratnliimi eirm-d t O ieS.SH.rS Ijiitra Inr-urrrd . . 4.ur,0.'J7l.3l Ixiii viprtiiri Inntrrinl .. .. l,Jsa.UJ8 .21 Utiiar uiuiprwrillng alpviuaa Inrurrnl s.omt.an IV v.Mi.aii 31 l-.'H.UOU.f.'i Ht.i.nuu tt" (-) 1.U11 IT 310. r.i-:. m Kio.iKin ('' Ttttal N1 umlcrwrlilng gain or loi ininiuinii ititviua (Iilirr Imutnt .. Tulil. Iiilum (edrral liiniina tif Nrt Inrnma tmlilomJt M llnrklit)llrri I'liMimU lo H)ll(Huldrra ...... tiinrr iiaiui aKadlng iirtilui lift) D'S.'ilUJT 'I'oial riltl and turplui iwmi I nil I .. 411.7IT Tl Inrroair In iiiTpliil at regatdi PDllilmlihTi Tan, HIS It BUSINL8S IN 0HCOON fOH THE YLAll Nt (it rm I mm riialinl t r.:ii-. lit" Nrt torn- pilil . s;o ID I'rlm lual nlflip In itni;on t'rimlH It I. Ik rotlltiid, I'liatltt K. flrl, Jr., rlprilal Agrnt SUCCESS ! The "call for Crow" is heard more and more as new thousands each day enjoy Old Crow in a milder, lower-priced, SG Proof bottling companion to the world-famous 100 Proof Bott led in Bond I Kentucky Straight Bourbon Whiskey NOW-TWO GREAT BOTTLINGSI f3 Cclbrited Old Crow lighter, mildn and low.r-pricfd ih.n the loo Proof Bottltd in Bond BOTTLED IN BOND tOO TV mow fmoul of bonded bourboru available ei usual THE OLD CROW DISTILLERY Tuesday, May 24, 195S Equalization Board Studies The county board of equalization met Monday to study an ap plication submitted by Dr. Ken neth H. Oukley for reduction of assessed valuation of his property at 410 Congress avenue. Dr. Oakley's application is the only one the board has received Board members are County Judge Allen, Jack Dudrey of Bend, and George Wakefield M Redmond. A decision will be made within the next two days. he handled the strikes too softly. But by being too tough, he could scare floating trade union votes into the Labor camp. Today's walkout resulted from a jurisdictional conflict between the striking National Amalgamated Stevedores and Dockers Union and General Workers Union. (NASD) and the larger Transport iind General Workers Union (TGWU). Only 17,000 of the 50,000 dockers at Ihe five ports were affected by I he strike. Operations at the norts were only partially crippled. HYVOP81B OP ANNUAL RTATKilENT rut Uia star fiulcj ItttluLr 3J, WA of Uia PATRIOTIC INSURANCE COMPANY of America. In Uia Htata of New York, wada lo 't,a Iiuuranc tottoiltiltMiar of Uia Htata ot OraKon. punuani to law: ADMITTED ASSETS llondu . 4 2.T8K.I05 ?h 1WV.WI1.T& moraa 'ati iik batik deixnlu AkmiIi' balaiii of rii'ullrrttd VtemUi'- . Intaiail, dlUJrtidt and ral MUM liKWria due gild atfuod. IS. 13 I) 104.140 III uir.er aitrli Tolal ailinlttMl attrti ft.iua.iuy mm LIABILITIES. SURPLUS AND OTHfcR FUNDS l4taa f J3S,63a.0O uuia aajuituttnt nptnuii 3j,nr,i rtianrnrd premium ,... l.&Tti,105 1a All ollivr Ualiilliiui .. 313.18 10 -lotai iiaKllltiea, eirrpt capital S j.iUfi.iti.Ui Tapltal paid un l,OOO.OUO.no I iiailutiiHl fundi liurnltiil t,l2T,0T.2 Hiirnliit ai rcgarda K)liyliotUpr l.l5T.fl7,2H Total f.,4un,HJH.SH BIKItMtni UP INUUME Prnnluuii iineinifd f .tl78.T7.(If Luna Inourrod B'll.tHH ttu TSS.lHft 3; l,0HU.K,.'i US 7.4 in a:. H-J.371 7 -till Hit Total underwriting deduction!.... Sal uri'l:rn-riling low Imaitnirnt tnttinia Ulltar lino Tutal. b. fofe frdfral Inroriia taiei l.tf C.1 Of Ktleral linoma Uiai Incurrad 33.4;I7I Nrt lnima lui Sitd.33 lllTlJcii.il to ilii kltotdera rr. 9 lui) uuu aa uilifr lierai affMiIng turpiuj (lien .32S.Sa3..13 Tutal raplial and lurplui It fun (nrti SIi.5a5 33 rrraia tti lurpl-j at regard pllcl.n1'Wi 93I.MI 6 BUSINESS IN OREGON FOR THE VEAR Nal prtmlmin rccelred $ . 1,'iimi H) Nrt loiir paid "1(036 ITIii'IdmI HtUrt in Orrro't SmpII A- ('rnr.rd l'n.rrlil'. Mioagt-n ajid Agcnti, Yemi llldg.' Pnrilaiut llfp-n SYNorsif or anntat. ptatkmfat tor in r mi Hftt.er 31. lo.l uf tlf UNITED STATES BRANCH OF THE NORTHERN ASSURANCE COMPANY i iiiiTcn r Ixnidon, nltml. In Hie Klnidt.m of tlr.-al Kriiaiii, inane w i ......-.- -- 10. 01 A. 31U. '"'"rZ'".-'. .olT.73.t0 llomli rtlUlKt - Itral eitalo 1 1,713.711 JO i ami tiaiiK urpuuva A xnilf balanm ut a liaiatH-ea ot .. ,n....i.i ,r,iiiiTiii t, l77,H!!.U3 Ililiffil. dUltlnll atui rrai aiiaia iiiiiinia duo and accrued ..MHI.M .:t'iii,ini mi Ollir aitrla Tolal ailmlltnl aunt .... $ 2,'l.l j -1 LIABILITIES, SURPLUS AND UTHEK FUNDS $ 1-TW.OrtS M on adjuiiment eiywieca h'fi) US All othrf luuillttei "-'J Tutal llalitllllcl, cicrpi raiiia Capital paid ui 4 It ai til tirjr Irtoi) auu.uvw.vv -l!nanliird fundi Itturpluil . B.SSO.I'.O 3d Rurpiui rwrdi pollcjholdcrt T.n0.!0 V Statement of incoml I'nrtttiutni rarnr.1 J Utifi inclined 6 , U,t eipttui'f lnnirre.1 a.Silllu.i (lllir umlrrnritlng eimiel incurred - 1.101. 4fl'" Mi Tulal underwriting deduction! - lu.titiT.JSit : Set un.lrttt riling Ion - ;' lLvf.ti.irm Inmiiia - SUH.lll.'fi Tulal. liilttrr fci hnlriai li.iume RTJ Nrt liiiiiin Ulhcr limn afTectlng nrplui inelt Tutnl raplial and turplu 03K.DIN OH ltd liuiMi" in Mirplm I regirda si Si DU SI N tss'! N OHEKON FOR TWELVE AH cl prri'iliini revelled I ' - ,ltH Net loi- paid " "I, '' l'T,n.h.,i utllil in Otttfuti; lil)3 railing Itldg roitland. 4 5 ql. PROOF Lf AO PO'"U COMPANY. FRANKFORT. KY. 2 USPOSTAGE, FAMED PROFILE-Thu three-cent stamp will be issued June 1 to commemorate the discovery 150 years ago of New Hampshire s lamed landmark, "The Old Man ot the Moun tain." Stamp shows the profile view of the landmark, with the mite's name and motto. It goes on sale at Frarwxuiio N H Heart Session Due on Tuesday Dp. Franklin tt. Johnson, pedia- trictan of Corvallis, will bo the featured shaker at Hie fifth in a scries of cardiovascular confer ences lo be held by the Central Oregon Medical Society. The meet ing will be held in Redmond, May 21 at Mary's Drive-In at 6:30 p.m. Dr. Robert L. Unger will present a congenital heart problem. Dr. Johnson wll discuss the case from point of view of the pediatric, cardiac, and surgical aspects. In charge of the program i Dr. James II. Stewart of Bend. The meeting is sponsored by the Cen tral Oregon Heart committee and made available by your contribu tions through the United Fund to the Oregon Health association. BYSOMIf 09 ANNUAL "TATEHTCVT Kof ! ' ! lrtMlr 31, lt-4 of Uia VIRGINIA SURETY COMPANY, INCORPORATED .f tin Suucrlor Rtrert. Toledo 4, to lh of (llilo. made lo Ida Intiitama i onmiuignw of Ilia Stale of Oregon, purtuaut to Ui ADMITTEDA8SCTS I i.S3i.a3J.:: r.D gnd'hanli d.-P"iUl 1.013.373. IT Aitent baianrea or mirolletlctV premiu" Inlrreit. ditldendi and real alt a II Innima due and arcruad - lU.B?fl.4ti 40.42T.01 Oilier anet -.... Total atiiomeo mm LIABILITIES. SURPLUS AND OTHER FUNDS 1.5ia.SC0.5(t HU(.J41.tilt Ml. 4:.0.72 4-1.(170.48 3.4ut!.;t':3 is lauei - Mtt adluilment flpelitai .. ' iinriiiii preinliiint l) ulhur llalillHIei M Ttttal HalilHtlot, eicept capital I'apltal paid P -- WoO.UM.M lliiumliiiiiil fundi ...- fiiirpltii) 1f.!3S. lurnlua at regardi pollcjlioldcn J Tolal - - - statement of incomi "romlumi tarnnl .. .....-. Atuet Inrurrnl - I entente Inrurred llhor miflrntrltlnc piliftiiM Intiirrtil - Tulal tifulerwrlllnif (leiltlrtlotil .. i.m.rir.sT iiHH.A90.H2 X20.703.ll-I Inteitmrtil Inrotna Ktlirr liirtmia - Tulal. Iifftite f?.lrral Incotna laid F.ilrral Ineoiua taivl Inrutrwl . Nrt Inrguie - - Othi'r Iiaiui afcilnc itirplii 43.820.11 45.S?n.11 Im-ll Tulal capital and iurpli.1 Itrini (lirll . ' tvmf in iiiniiit rraardi Mlttvlwlilrra 60.IW.Bo RUStNESS IN OREGON FOB THE VEAR Net im'tiilum rn-rUcd t 3 1.0 99 l'rlri'-lpl ffllrtt In 0'-"'t. Pirffri-.l in ml Aa-rtrr. H..v. 11'.!' K W Talut H., Iwi laml llrvMim. Omcral An HU HYNOI'Plfl OP ANNCAT WMTFMENT llit- iiln .tl. ul III AMERICAN MARINE AND GENERAL INSURANCE COMPANY uf Nrw Vink. In Ilia Hlatf ( Nw rk, ntiJr in llio liixiiriiiitt Cuiuinliilutior uf Ilia MUta ut '.Irt'nun. iiiirimnl in l.m ; ADMITTED ASSETS H,,1, I.SIW.0M.I.' lu.kt inl l S3 SVOftH 47 4. T Ti rr axrtt . fk.i i.J ,,,1 a.Hnlltnl tft I 1 V.'JIH 17 LIAOILITIIH. SURPLUS ANU OTHCH FUNUtt rt . f DO. 033 tt i nljuilturril lrniri .. . ......... ...;( .ti.r.l (.rrmiumi . 11: U.t i' other ha!ltiilri nu.t.iS .If Mil lint'llllifi. met1 1 rainial JOj.UJiy if Hal paid mi irio.iiuu.uo lilltfllrl tutnta uri.iixl SS3 'JS9 3S Miitl'liu at rtJ pollnrMldrra $ 1.HI3 Tutal I T J: i; STATEMENT OF INCOME 'milium rartml I 1!.II6 N, ljtlci liictiirnl . $ 17. !' Um upriiir liirurrnt - T..4I.S I. Utt.rr inilprritlna cipmaa In.'tirrnl - 90 91 T. Tula) utvliTurlllin ilnluttloni lyt'. iii'' SI rt utulrrwtlllrn Juii fits (7 lnirtUnifil Itirwma . - . M itthi-r Inamtr . - HI : Tuial. Infuta ffslrral IfHTMitr tuat ll.tTO 'i". Krtl.'tal in. nine 1.111 ImurraU It ni'ii m Sri lliiT)Milt . a"i.JTtl OHtrr ttemi affn-llim ttiri'tin (tit , 6:!-fl li Total rnimal anJ lurplut lli-m ttifit .. . - i.B.'C.ll ImrraiA In .itiiu at rr0( Kiiii-itkiiileri it in; ill BUSINt88 IN OREGON fUH THE VEAR Nil imiiiiiiim ri'.nml f t;s I'rln. loal ol I vt tu Oinm; lit) Falll'if HlJt rortlaitO. HANOVER FIRE INSURANCE COMPANY M .Nrw Yitrk. In IR Htata vt Nrw ot. trtte to lha liiiurinra t tMntiiliitiMitf irf tha illflta af llrrgtHL iiuliiii-it in l-i ADMITTED ASSETS lt.Hi.li S IS 713 T-. M suvai u 3i3 ;i I nil iti.l alh ilFLmilll J.aia.HTj 14 Ainilt talt.nr ot u'l -u.l (.frn.lunti 1.111. 9 9 Inii t ul tliii.trrnli anJ ml aiiak liiivint it ainl anunl tiT Trf 7J Hi.vr aitrt) S : Sit Total a limited a'tH . . . Iv.CvMw O LIABILITIES, SURPLUS ANO 01 MLR FUNDS I-omm f (.r! Jta m lt a.luittntnt fiuaiiMW hi oihI ki I nrarnr.l ptTHilun J; Ttll tHt Alt ult.r lllIIIIUI . r.:i.":.'4i Tutil Itar.l Ultra. r,rt lafltal f IT.Iid.Ul) SI rI'lt tl1 uu 4.nili.WU Ot Kigali tutvlut li.,t) .. 1W0.MW 0 rnminnl funJt tointluii 1R.7M 44R 3 "'rpMia a rrtahji poll. jt. ljfri f t JH IS M luOl fiu.ers.itjo t3 STATEMENT OF INCOME I'rrntlunil rai'ird f T.M9 )4irl In t rtfj 19 T U4 In U fri(Tt in.urrnl I il.Ji ji llilifr ui'Jtrntiiltn tint in.i.ttl ; ;j m Total untrnritln JWiK-tlotil !.i U t u.i.trrlil i iin r km i'.i .ii a ,t liimin'fni imviut . Othrr lii.-vnia Tutal. Mott fJrral Imwt taita ritual irfvna tait InrtirrW n llftOOl . lliti.lrrli to itDckhoMtra f ihl.tt hum illttiini lurplua II ? ii n r :s :i tfit.inio 00 4 flt.KS.M 4.1TI.IUM Twtil rarltil tnd turploa Itirra In mri.Iii a Bend Laundryman Gets State Post AMx-rt Furris of the Bend Troy Laundry was elected president of the Oregon State Laundry Owners' association at its convention this past weekend in Eugene. He and Mrs. Farris invited the organiza tion to hold its 19jC convention in Bend May 17, IS and 19. ! Traditionally, tlie convention is held each year in tiie president's home town. Karris succeeds AI Anderson of the Eugene Laundry in the head office. Tommy Georges of the Oregon Laundry, Portland, is the new vice-president. Some 125 laundry owners are ex-! pected in Bend for the convention next spring, Farris said. For lh year ended December 31. iyf.4. of THE TRAVELERS lit Ijc-MNITY COMPANY of Hartford, lo tlie tttatt uf Connecticut, made to the Insurance CoiiunlHiIorier of the mate uf Oregon, pursuant to ADMITTED ARRETS Enndf 1 63,05.244 00 Siochi , 21.724.813.00 mrinHBo loans on ifiil ettiale . f.eal estitlt.-. let! n ctitnbrancfi Cam utid bank de pualli - Axrntn' balance! or None Nona 4.419.808 lfl uncuiiecivu IlllUMlS 15.737.157.03 Intf rst. dlvltlendl ani real eatate In come out and ac crued Otlivr asaeta Tutal admitted aa- arts $207,309,578 64 UA11ILITIFH. Bt'RPLUU AND OTHER UNDS lAtitt $ 4 J. 007. 550.00 Lijii adjustment exinsea 6.462.269.00 Unearned pre mium s 82.900. 322 06 All utner liabllUlea 18.433.131. 06 Total 11 h 1,1 lit lea. except eatiltal . J140.401.273 02 Caullal paid up $ 6.000.00U 00 Blieriul aurplus fund 5.234.901.60 Una anlxned funda tsurpiua 46.671.344.02 Suri'lua aa regard pollcylioldera 57,900.305.62 Total $207.309. 578.64 HTATKMENT OK INCOME Prenilunia earned 135.2H9.H4 S3 1jikb Incurred 59. 748.28.22 exieuaea In- irred - 8.174.609.40 Older utiderwrltlng exnenaea Incurred - 48,970.604.57 Ttital underwriting fc deductlona S11P.893.496.28 N e t unilcrwrltlnK ,Rain or Ions 18,395. 61R.55 Invvatment income 3.614.392.36 Otlier Income 28.031.99 Total, before fed em I Income taxes 22,038.042.90 Federal Income tuxee Incurred 9.795.574.07 Net Income S 12.242.468 83 1'iviiieiuia io atOCK holders Dividend! to policy noldera Capital chanRea I net 1 Otlier Items a tret-1-Inn aurpiua (net Total capita) and aurpliu 1 1 e m a tnet) , 900.000.00 Nona Nona 2.240.96 897.759.04 Increase In aurplui aa renardi policy- holders 11.3-14. TOO 79 UU. SI NESS IN OREGON FOR , THE YEAR Net premiums re- reived $ 515.618.23 Net losses paid 199.433.62 1'lVidfiiils paid or credited to pollcy lioldera None Principal office In Oregon; Phil tliustfiuayer, Ut;iierul At;euU, Port land, Oregon. T if s I J ' ' . -0&R&Kmmtt!!! ....... : ALL-NEW MONTCLAIR 4-D00R SEDAN, ltt member of the Merrury Look at the Mercury is i YOU GET MORE MONEY I FOR YOUR PRESENT CAR Mercury's record-breaking sales allow us to operate at high volume. You get a far bigger allowance. 2 Prices for a big, 188-horsepower Mercury Custom 2-door start below 13 ii i wwt . in Ilia Iaid on to pot .ton of marwfocfuraf ' sgtifeo Htt Of factory ftail ortcts. Pon't m'M thf big tlvtsn hit, f.4 Kallivan't NEW BOSS John A. Barr Is the new chairman of the board of directors of Montgomery Ward. Formerly vice president and secretary of the mail order firm, Barr succeeds SewelJ Avery, who resigned. BYNOPSI8 OP ANNUAL STATEMENT for the' year ended December 31, 1054, of the NEW HAMPSHIRE FIRE INSURANCE COMPANY of 1750 Elm Street, Manchester, in the State of New Hampshire, made to the Insurance Commissioner or the State of Oregon, pursuant to law; ADMITTED ASSETS Bonds 19.877.772.00 Blocks 21,038,022-34 Mortgage loans on real estate . . Nona Real estate less DO encumbrances 2.27.6,250 00 Cash and bank de- Ifstts 1,325.668.87 A cents' balances or uncollected premiums 4.036.076.77 Interest, dividends and real estate Income due and accrued 101.189.63 Other assets 3,388,321.28 Total admitted aa- . erta $52,043,300.89 LIABILITIES, SURPLUS AND OTHEk FUNDS Losses $ 3.930,497.81 Loss adjustment ex- nenses 251,551.86 Unearned premiums. 18.003.661.42 All other liabilities 8,458.381.57 Tota- liabilities, tx-- cep. capital J30.734. 092.68 Capital paid up 4.000.000.00 Special surplus funda 3,000,000.00 iriuutsfKnt-d funds (surplus) 14,309,208.23 Surplus as regards policyholders 21,309,208.23 Tolal .$52,043,300.89 STATEMENT OF INCOME P rem l urns earned .-$19,690,881.82 Loiuea Incurred 11,461.283.75 LodB expenses In curred : 1,154,138.30 Other underwriting expenses Incurred 8.315,508.32 Total underwrttlnjt deductions $20,930,928 37 Net underwriting loss 1.240.046.55 Investment Income . 1.892.771.64 Other Income 530.13 Total, before federal income taxes - 653,255.2V Federal Income taxes Incurred - 36.068.78 Net Income 617.186.44 rlvhlenda to stock holders $ 800.000.00 Dividends to policy holders Nona Capital changes net Nous Other Items affect liiK surplus (net) 4.002.907.07 Total capital and surplus Items (net) 9.202.907 07 Iwreaxe In surplus as :rs j,?iu.uvj.oi UHEfifJN FOR THE YEA K Net premiums received $181,778 00 Net lussfS paid 4U.607.S6 IHvidi'iids paid or cred ited to policyholders Nona YOU GET MORE NEW CAR FOR YOUR MONEY IWTV - pMVO 1 ICIU FITZPATRICKLINCOLN- AAERCURY District Officers Named by VFW SpN-lU to The Bullflin PRINEVILLE Warren Nichols of Sisiers was elected district com mander of Veterans of Foreign Wars, at the district encampment Saturday at the IOOF hall in PrineviUe. Other officers were elected as follows: I Kent Powell, Mitchell, seniorl vice-commander; Archje HaJsey, PrineviUe, junior vice - command er; Tony - Trinkle, Mitchell, quar termaster; Charles Roley, Bend, chaplain; Frank Gates, Bend, judge advocate; Ed Rife, Prine viUe, surgeon; Ray Potter, Bend, and Harold I verso n, Sisters, trus tees. Commander Nichols appointed the following: Bob Ervin, Sisters, adjutant; Gilbert Sharp, Prine viUe, officer of the day; Carl Mc Donald, PrineviUe, and A. Helmer, Mitchell, color bearers; Sam'Rey- nolds, Pnnevnle, guard. The commander will be installed at the department encampment July 8 at Ocean Lake. The other officers were installed by Ron Oicken of Molalla, department commander. BinuralB UP ANNUAL BTATLMKNT For Uta vast anded Occwubcr St. of tba NATIONAL PUBLIC SERVICE INSURANCE COMPANY f Seattle. In Uia State of Wtihlnfton. mad to the Iniurane ('gmmUsloner uf the tftala of Urcsou, puriuant to law: ARHETft Bonds -I 8twfca - llofi toaos on real ataie. Heal estate - Policy loaru and pratnlum oolaa Caib and bank depotlu - frctnlutni diio and dearred tllfe and ct14ant and bealin) Iiiltmt and oUter Inteitaeat la 1.ST5.207.T4 3u2.SSu.ttO 9.4U'.VOtt.;i i:i.UJ17 311.310 St Si 1,03 1 32 turn due aau accniwi w.iua Othr aiirta i.ltt.M Total aitrti - -I 11.T19.iJi4.Tl LIABILITIES, SURPLUS AND OTHER FUNDS fteserrea for life and accldeot aud h-altb policies.. t 10,80T.3. Polity and cv.ra'.-t claims T6.ia2.5T Afl otbtrr llabllltlci 1.STT.252.T0 Total llalillltlM, urcpt capital $ 1S.K10.638. tJ7 Taiiltal paid up (3Jl.tll7.0D t'tiaiilsnrd surplus ... ITMOV.Oi Hurplui as regards pollcyhoidun 800.010.01 Total t I3.T10.UM.T1 SUMMARY OF 0PERATI0K8 (Atcrual Bull) I'rtiuiumi and annuity conildrrailons 1 1,775.183.16 L'onilJf rutlc-ni tor luppumcntary contracts ist.res.6-i 4tii.T35.S1 77.337. IS s.m.aiH 30 1.1.073.11 et intttiment incoi Otlier innjma Uns.. Total S Policy benefit! $ raymmts on suppitmentary ron-trat-ti, dltldand accuniulatlgns, and Intcreit 118.061. 7S Imreaia In rm ,eit.30 Commliilona. claim and icncrsl Iniuranto czpeni-i and taira. SoO.STC & UlrMciuls 10 policyholders ' 193. 4GB. 87 Total I,1J7.41'1' 39 Nl sain from optratloos t Tl.tlUC.91 imidendi to itorkholdtri $ -3.iiJ.66 Other Items affect! m surplus and surplus funds ("ll 1.891. 15 Tolal -1.U5I Si Inrrearo III surplus and iperlal aurplui fundi $ 70.235 40 BUSINESS IN OREGON FOR THE YEAR (Iron premium i and annuity con-il-lerallona collected during ttie . year $ 185.443.53 Dlvldendi paid or credited to pol- Ityltoldrri dtirlnc Hie year 10.78T.TT Oroti benefits and claims, endow ment!, atirrendert, and annuities puM dtirliiit tlie year 16.895.OT l'rlncipal office In Oregon: Salem. Umily, combines low-silhouette ' hardtop' ityliog with true 4-door convenieoce. Another rnaoo why Mercury sain are soaring. t break you get because breaking sales records NO OTHER CAR Exclusive styling shared by no other car you know it's a Mercury New super-torque V-8 engines on every model (188 and 198 horse power) backed by Mercury's record of producing V-8 engines eichsirely 4-barrel vacuum carburetor on every model at no extra cost IT PAYS TO OWN A TOA3T mi Um TU N." Saiutar Session Held The Shasta-Cascade section and the Central Oregon section ai the Society of American Foresters held a joint meeting Saturday, starting from Bend and ending at Gilchrist, Seventy foresters attend ed, headed by Don Hummel of Klamath Falls, chaiiman of the Shasta Cascade group, and Roy A. Johnson, head of the Central Oregon group. Ten forestry students from Ore gon Mate college, accompanied by Dan Robinson, a forestry in structor at the state college, were special guests. Highlight of the day was a din ner given by the Gilchrist Timber Company, at Gilchrist. Rufus W Childre, company forester, madf good his promise of "a baked sal mon as big as a lodge pole pine. Earlier in the day, 4he fBresterr toured lodge pole pine stands in thr LaPine area, conducted by Dick I'm warning all Ford owners to stop at Mobilgas stations and get entirely new grade Mobilgas 7 out of 10 owners of pre-1935 Fords and many other cars get smooth, knock-free mileage with new grade Mobilgas which sells in the price range of regular. Just look for this sign. OFFERS YOU BIGGER REASONS FOR BUYING IT MERCURY mnini ?:N lo 1:M. Sutton KOIN.TV, By Foresters Schroeder of the Bureau of Land .Management, and viewed cutting practices on BLM timber sales. They also visited several small portable sawmills and wer.t on a conducted tour at the Pringle Falls experiment station, guided by James Sowder, Walter G.' Dahms and Edwin L. Mowat of Ihe U.S. Forest Service. Announcement was made that jail Baker and Walter Daums have been elected chairman and vice-chairman, respectively, of the Central Oregon section for the new fiscal year. WOl I D IXSE JOB NEW YORK lUP) Former niddleweight boxing champion tocky Graziano said Sunday night te will not play himself In a novie about his life because "my TV director said, 'Rocky, il you ?ver learn to act you lose your job.' " Dual exhausts at no extra cost on all Montclairs and Montereys Ball-joint front-wheel suspension Anti-fouling high-compression spark plugs, a Mercury "first" in its field Consistently highest resale value in its field, according to authoritative reports Oo-op FOR FUTURE STYLING, SUPER POWER rhnn) I. RUSINCAS IN OhlOON ton THE IA pfnn-t raraitad J :j) ji KM tmtm hH U!,llll 105 East Frankliq Avenue Phone 359