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
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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.
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randeur
ad
A wild, weird, fantastic masterpiece of thrilling action. See
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underground chambers of the opera house; see the most glori
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the screen's perfect lovers! Startling, magnificent, unparalleled!
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FLINT, MICH.
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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 !"
"gf " I Felix
11 "Felix Busts
j J ' 1,1,0 Ksiness"
SPECIAL
Interpretative Musical Score
by
homer Mcdonald
BOTH EYES ON
PatheNews IF"'
The Visual News of '. I l
All the World 1 : F,
the ;; E
n " or:
rani
dLJtmm
G
Newton Chevrolet
Co.
High at Chemeketa Street
U A L I T Y
Opposite City Hall
AT LOW
Phone 1000
COST
ADMISSION 50c CHILDREN 25c