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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (Nov. 14, 1925)
r - SATURDAY, NOVEMBER 14, 1925 STATE'S BONDED DEBT PLACED AT SIXTY MILLION A report mndo by Stnte Treas urer Kay shows that on November 1 Oregon's outstanding bonded Indebtedness was $CO,5S9,C90 wutlo tile credits ot tlio stale total ed $23,091,008.02. Ot tho bonds outstanding $37,- bj,t)U aro hlEhwnv bonds. Prin cipal and Interest on these bonds aro paid from tho receipts from motor velilclo license foes, caso- lino taxes and other receipts of tho motor vehicle department, so mey cause no direct or indirect tax on real or ncrsonnl nrnnoriv. State aid bonds for World War veterans nEKrcKnto S21.ono.nnn That part ot the amount going to loans to veterans will bo repaid to tne slate with Interest at 4 per Oregon district interest bonds. Issued to pay Interest on the minus 01 irrigation districts un uer tne law whereby the state umy guarantee the Interest for five years, total 11.875 940 Stato Treasurer Kny says that OI 1,994,020.38 now in 'B"way tuna m tho state treasury is a partial offset abuiui tne nignway bonded in debtedness. Under tho veterans' stato aid act there is a sinking fund aggre gating $3,002,537.00. Loans un der this net aro secured by real J oe-Srtsnges "Ssregating $15, i!';?or. crclits ln connection with the Issuance of these bonds " says the statement, "Include state aid realty contracts ot $71 214.60; state aid real estato (city Property), $19,589.52; state aid 1rS""e ('or"1 nroP"ly) $103, 430 07, and state aid funds (cash on hand), $331,409.40 " CiTY LIGHT BILL $ 1 470 A MONTH Salem's city light bin average a total of about $1470 a month, according to records at the city hall. The city has 235 street light on which it pays $4.40 a month each. There aro 30 800-watt lights for which the Portland Electric Power company charges the city $1.25 month each. There are eevo:; 250-watt lights for which the charge is $3.60 each per month. Tho city hns 05 cluster lights lor which It puys $3 a month each ami 39 cluster lights for which the charge Is $2.50 each per month. The city o( Salem pays halt tho cost of the lights on the Marion Polk bridge or $20.80 a month. The city hall lights cost about $40 a month, the lights at tho comfort stution $17.50 a mouth and those at tbe Waito Memorial fountuio $1.80 a month. On Stato and Court etrceU all the lamps ln tbe cluster lights burn up to about, midnight and one lamp, the top cue In tbe clus ter, burns all night. THE CAPITAL JOURNAL, SALEM, OREGON HI SCHOOL GETS OUT OF GATE RECEIPTS Doepite tho presence of a crowd numbering we!l over 3000 neruong, tho Salem-lOuKi'iu- high school football game hero Wednesday net ted the loenl high Bcbool manage ment only $73. 20 due to a misun derstanding between tho manage ment hero and ni Kugene over ar rangements with tho local noat of the American Legion, it was stated :it. tho high school today. Total receipts amounted to 5S45.50. Subtracting ihe amount of expenses, $157. 60, which in eluded traveling expenses of the vieitfng team, amortising, officials and everything else collected with ataging tho game, a total of $G90.90 was cleared on the game. The Eugene management, working on a contract providing that prot- Its be divided evenly, Insisted "on receiving "half of tho net proms, or $340.45. Ihe American Legion, on the other hand, working on an agree ment with the high school man agement, received one-half the proceeds of all American Legion tickets used for admission to the game. A total of 1089 tickets were turned in at the gntee, rep resenting a value of $544.50. Of this amount tbo American. Legion, according to the terms of tho agreement with the school man igement, was entitled to half, or $272.25, This amount necessarily all came out of the Salem share of the fund, rather than out of tho combined Salem and Eugche funds, Hue to the fact that no binding arrangements had been made with the Kiigene management. Plans for closer co-operation be tween the Oregon Stato Dralnaee association and tbe Oregon Recla mation co agrees will be considered at concurrent meetings of the two organizations ln Salem, December 1. The meetings will bo held in Salem chamber of commerce rooms, reports the secretary, W. L. Pow ers of Corvallis. . A new constitution of the recla mation uooy provides for rive trustees from each of the "three districts of Orocn, to be elected oy the delegates horn each hoc firm These trustees select a vke-presi- dent from each district. The three vice-presuleute thus selected, to gether with the presidents of the two societies and the secretary. constitute the executive commit tee. A meeting of the trustees has been called at a preliminary meet ing ot the executivo committee to be hold m Salem at the same time as the general meeting, December 1. Completion of the committee personnel for the reclamation con gress will be made by Wilfred Al len, president. The personnel will be announced at the meeting and will Include representatives from the drainage association and from me logged on land interest, pro- viued uviy auopt a new constitu tion." Sam Brown of Gervais. member ot the Oregon legislature', is presi dent of the drainage association and Professor Powers Is secretary, both of the congress and the drain- e association. theater iu New York "Helen's Boys" is continuing to be the best bet of the season. Miss Robson was never more attractive or se ductive and as there le a little touch of a risque nature. It 1b fur nishing our clever comedienne plenty of food for the infectious comedy, for which sue is noted. The play Is based on a Saturday Evening Post story, "The Boys'' by Mary Brecht Pulver, and If tho author hns visualized Miss Rob son ae "Helena she could not have drawn a c.osei double. Au gustus Pitou has supplied Miss Robson' with a lemarkahly clever cast, who, with the Broadway production Intact, aro gaining ex ceedingly good notices en tour. PAGE THREE TYPEWRITERS FOR SALE pqy rOR KENT rf8!;, Students Rates 247 N. Commcroial St. M. LOCKWOOD SuhsiTihe lor the Journal Yfff Sewer Pipe CITY NEXT WEEK May Robson la to be here ln her new . and attractive comedr Helena's Bovs ' on Wednesdav. November 18. and after a run ot three months at the Henry Miller S WW You can git pipe. Band, and cement for the job, all ln one place, here. That has a perfect self centering bell, saves in making joints, built for life time service. We make this kind. Oregon Gravel Co. iPlS Sit " HOOD AT FRONT ST. Budget NOW For Christmas Expenses How much will you need for the expenses of Christ mas this year? Figure this out and see just how much you will have to save each week for the remaining six weeks. It is so much easier to financially prepare yourself this way than to have bills to meet after Christmas is past. It sort of spoils the enjoyment of the holiday season whereas, if you have saved the money here at the United States National for this purpose beforehand, there are no worries whatsoever. Thy this plan this year! United States National Bank Salem. Oregon -J. t 1 STARTS TODAY, 1 P. 5,057 People In a Revel of Action and randeur ad A wild, weird, fantastic masterpiece of thrilling action. See the De Luxe Ball, the gayest of Parisian festivals; see the in furiated mob in frenzied pursuit of the Phantom through the underground chambers of the opera house; see the most glori ous, completely enthralling love story ever screened enacted by the screen's perfect lovers! Startling, magnificent, unparalleled! i V P' 4-1 f ' for Economical Transportation 'Winter Comfort at Low Cost V To drive in comfort this winter you should have complete protec tion against rain, sleet, snow and wind. Only the 6 nest closed car construction can give you that. The Chevrolet Coach body is Fisher-built the same construc tion used on the world'sfinest cars. Doors and windows fit and stay tight to keep out wind and water. Rain or snow cannot penetrate the Fisher V-V one-piece wind shield which gives you perfect vision and ventilation. Long semi- elliptic springs and balloon tires take the jars out of frozen roads. Add to bodily comfort the safety of semi-reversible steering and equalized brakes and the assur ance of a motor that always starts easily, and you can realize why Chevrolet spells winter comfort. Yet yon get all this in the world's lowest-priced Fisher Body Coach. Let us show you the quality fea tures of this fine closed car and explain how easy it is for you to own one this winter. The Coach $ 695 Touring Car 525 Roadster Coupe Sedan 525 -675 -775 Cbum - - .-J Etthtw Trade c ca QuuU - ?-U ALL PRICES P. O. B. FLINT, MICH. tKSLIES I f mmmms iiiii TODAY SUNDAY MONDAY II Two years spent in the making. Hundreds of thousands of dollars spent in picturizing the immortal classic that has thrilled the whole world. Gaston Lerouy Today Sunday Monday GET THE SPIRIT! SEE "THE PHANTOM !" 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