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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (July 23, 1920)
FRIDAY, JULY 23. THE CAPITAL JOURNAL. EARS EQUR jSToto Salem's Industrial Lines Grade In Importance, And How Factory Payrolls Promote the Many Interests of Both City and Country According to the Commercial Club's Industrial Survey some of the principal groups of Sa lem's Factories classify as follows : xt t. r . Yearly Product Value. Number .. Business ... A9nnnonoo 8 Fruit and Vegetable Canning and Dehydration - - b'" Salem Water, Light & UNSOLD PORTION PREFERRED 4 9 4 17 Creamery and Condensing , R8'ftn Printing and Publishing, Bookbinding 281 000.00 .oaKenes - - 1Sq kaa aa Auto and Bicycle Repair Shops - ;n nnnnn 5 Iron and Sheet Metal Works nun anil oueci, menu ii yjiau - to inn nn Electric and Storage Battery Shops 4-"4UU'uu '.'' $7,854,068.00 50 Totals PAPER MILL STOCK This mill is one' of the most modern paper mills in the country, is equipped with high grade sulphite specialties, such as glassine and greaseproof papers at present not manufactured on the Pacific Coast as well as wrapping, tissue and waxing papers. The mill buildings are about completed, the machinery being erected, and the plant will be in operation very shortly. This preferred stock is cumulative from July 1, 1920, pays 8 per cent per annum, dividends payable monthly; none of the stock of this company either preferred or com mon has been sold for less than par, $100 per share. The ownership of the $600,000 common stock rests largely with F. W. Leadbetter, the president, also president of the California-Oregon Paper Mills with mill in Los Angeles, and for 25 years a large stockholder and director of the Camas, now the Crown-Willamette Paper company. And the C. K. Spaulding Logging company, which owns a saw niill adjoining the paper mill at Salem, and furnishes the new mill with sawdust for fuel and the necessary wood for the 50 tons of sulphite daily made in the sulphite mill. Mr. C. K. Spaulding, the president of the logging company, being vice-president of the paper mill, and the fact that Mr. Spaulding and Mr. Leadbetter each own one-half of the Spaulding Logging company, which in turn owns nearly one billion feet of timber with its own logging roads, assures the pew paper mill of its raw materials without the great expenditure for timber usually necessary to supply a great paper mill enterprise. These two interests combined with the heavy holdings of the local Salem stockholders, and Mr. E. S. Collins and the Ladd estate of Portland, comprise the ownership of these mills and makes of this plant a distinctive. Oregon corporation, designed, owned and operated by Oregonians. For detailed information apply to OREGON PULP AND PAPER CO. f . SALEM, OREGON There are 46 other establishments that unittedly represent yearly business of $6,159,482. Snmo nf these linefs are as follows : One bier sawmill and logging company ; 1 large paper mill, to commence operations about August 20; Extensive heat, Jignt ana power piani; x mS wumcu mill; 1 steam and 3 hand laundries ; 2 dyers and cleaners; 2 gravel-working establishments; I umrw 1 fnnnprv: 1 Aneora goat rug factory; 1 canvas glove factory ; 2 slaughtering and meat-packing houses ; repairing, general wood-working, and various others. 1 vulcanizing shop; Tailoring, shoe We offer the unsold portion of the $600,000 issue cumulative 8 per cent Preferred Stock of the Oregon Pulp & Paper Company, Salem, Oregon. Salem's Great Fruit Industries It will be seen by the foregoing summary that about 44 per cent of the Industrial Products of Sa lem consists nf Frtiit. anri Veet.ahle f!annincr and Dehvdration or drying. While not so classified, lumber and logging come 2nd; paper manufacture will be 3rd; slaugh tering and meat packing fourth; creamery and condensing tilth; publishing, printing ana dook binding sixth, the bakeries seventh and iron and foundry work eighth. These graduations are on the basis of Value of Annual Products, at 1919-1920 prices. It is not improbable that the fruit and vegetable canning and dehydration of the same products will represent fifty per cent of the city's industrial yield within a year or two. The Advantages and Disadvantages At first thought it might seem that such fruit and vegetable preservation is not the most desir able form of manufacturing for Salem. Such in dustries supply employment to a large number of persons, but in the main from four to seven months only. The dehydration operations continue tor ten months. The hands are thus out of these lines of employment from 2 to 8 months each year, and sustain a large loss of earnings-compared with yearly time. The economic disadvantage of this situation can not be denied as far as the workers are concerned. But. from the standpoint of the growers and the city, the view is very different. Those fruit and vegetable preserving works not only provide a great market for products of the land that would not otherwise exist, but they disburse big sums of money among the growers that multiplies their Buy ing Power from the cities and towns. Salem Manufacures Home Yields This business both diversifies the agricultural crops, and provides use for the land in this region in a manner that realizes the largest returns of both crops and monev. By a glance at the lines named at the head of this article, it will be noticed that they include almost every growth native to this section. Salem has one or more factories for each of its successful crops. That is an ideal plan, and leads to the best economic reciprocity. This will be true more effect ively as baiem grows in tactory importance. The farms and forests will supply most of the mater ials, and find a general market here with the least, loss from transportation and marketing. On the other hand the farms will gain in Buying Power ,and receive many lines of manufacture direct trom the works. The more completely this can be realized, the better will be the mutural re lation between city and country. Payrolls the Life of Progress Payrolls, of course, are the big leverage for both citv and countrv. Thev mean bnvino- nnwer in close proportion to the factory disbursements. balem s industries will soon be paying out $2,000,000 yearly for labor alone. Each additional i.uou persons empioyea win represent. approximately an added million to the city's pay checks. With a $2,000,000 yearly payroll disbursement the monthlv averao-e will he $i rr RR7 q finn lot of new commercial vitality that pours into every line of business in this city and section, inspires and promotes progress, continually and increasingly Besides the payrolls, great sums are paid for raw materials. And as long as the factories grow and prosper,; the city MUST expand. It will HAVE to build homes, business houses, other factories, make general imnrnvements. Its vital interest lies in helping the factories to come and expand, and then itself try and keep up with the Progress Procession. But, both cities and factories are only EFFECTS of impelling CAUSES. Those Causes the uanus, mat, is, tne r arms, a orests ana Mines will be considered in the following studies. Mitiimnim nt Automobiles Franklin and Studebaker Cars ready for delivery. Trucks PACKARD, WHITE AND OLDSMOBILE TRUCKS. HMMf, A full line of United States, Goodrich&fFtsk Tires and Tubes Always in Stock Accessories Parts ExpertjRepairing USED CARS TV P, wcr 8,1 &n, in ""ange on new cars and have been thoroughly over hauled. It will pay you to look at our stock. murougnij over- ,!WE NEVER CLOSE Marion Automobile Company 233 South Commercial Street Thone 362 p ow e r Co. The Salem Water, Light & Power Company is engaged in furnishing water to the city of Salem, the capital of the state of Oregon, a city covering an area of five and a half square miles. This water plant is the largest priv ately owned water plant in the state of Oregon. It has 75 miles of water mains laid in the streets of Salem, 31 miles of which are under permanent hard surface pacvement. It has installed at its pumping sta tion the largest vertical triplex pump on the Pacific coast, made expressly for it by the Geo. E. Dpw Pump Works of ban Francisco. It has a two-stage electrically driven 10-inch centrifugal pump, which is a model of its kind and is the last word in centrifugal pumps. In 24 hours this pump forces 3,250,000 gallons of water to an elevation or 230 feet It has ordered a new DeLaval contri- fugal pump which may be driven by water, steam or electric power and which is to be installed this summer. The capacity of this pump will be three mmion gallons in 24 hours It has a Dow steam 'duplex pump which has a capacity of 1,250,000 gal lons in 24 hours. It has three kinds of power installed for driving its mimns. viz: 150 H. P water power, 150 H. P. steam power. ana iwti. f. electric power. It takes iha ntnttr dinnl 4mm n r.rib or well built in a sand and gravel bar situated in the Willamette river above the city. This bar serves as a filter through which all of fhe water has to pass before entering the distributing mains of the plant. The first pump of the Salem Water Co. was set in place and started on October 21, 1871, by Mr. W. F. Boothby From that time this company has ser ved the public conscientiously to the best of its ability. It is our ambition to make our plant a model of efficiency and by courtesy and good service to earn and keep the good will of the people of Salem. SALEM WATER, LIGHT & POWER COMPANY ;,MMm4 tote