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About The Monmouth herald. (Monmouth, Or.) 1908-1969 | View Entire Issue (March 19, 1920)
Building Material From Roof to Cellar Oregon Fir and Hemlock Lumber Douglas Fir Silos The Gold Mine of the Farm Lath, Mouldings, Fruit and Butter Box es, Cedar Posts, Green and Dry Slab wood, Cement, Wall Plaster, Lime, Brick, Shingles, Rooting, Windows, etc. Willamette Valley Lumber Co. Phone Main 202. Monmouth, Oregon i 1 1 1 1 1 1 1 u 1 1 1 1 ! 1 1 n 1 1 1 1 1 1 wwwtmwH'fM' i i 1 1 1 1 MONMOUTH MARKET All Kinds of Fresh Meat Fair treatment to everyone Highest Price paid for Stock . 11 D Will A Son Guthrie Bid?. I Mi Ds nlU Ofc t-rUli Former place of CityMarket "HIIIilllM"M-l'MHHl'li:4 Mil-H-M-lU'MU'llllllM-ltt SYNOPSIS OF THE ANNUAL STATEMENT OF THE National Surety Company of New Tork. In the Stat of New Tork, on th thirty-first day of De cember, 1919. made to the Inauranea Commiaaionar of tha state of Oregon, pursuant to law: CAPITAL Amount of capital stock paid "p f S,00O,0OO.0S INCOME Ket premium received during tha year I 1,101, SSa.SS Interest, dividenda and rents recelred during tha year- 7I7.f73.Ts Income from other auurcea received during tha year I.OOt.lM.M Total Income ,1.,40,S4tM DISBURSEMENTS Net loasea paid during tha year Including adjustment ex penses 1 ,liO,Tie.l Dividends paid on capital stock during the yar Commissions and salariea paid during the ww S.414.337.0 Taxes, licenses and fees paid during the y-ar. 4NA.03t.46 Amount of all other -pn.-ii-- J. 151. 810.91 Total expenditures l ,7lwa.w ASSETS Value of real eotate owned (market value) Value of stocks and bonda owned (market value). Loans on mortgages and collateral, etc. . tun in oanaa ana on nana- ..I 7S.42III 11.01.(74.10 f 1.SS1.00 . i,8.i,i7i.n l-remlums in courae of collection written since Seotember so. m l.usjn.ei Iaterest and rente due and accrued and accounts recelv able 913.031.14 Total aiseti ttt,3M,MZ.0S Lass special deposiu In any state (If any there be) I none .y Total asseta admitted In Oregon lt,30a.tZUM LIABILITIES Gross claims for losses unpaid S 1,017.183.10 Amount of unearned premiums on all outstanding risks 1,087,777 13 Due for commission and brokerage 4S4.S36.47 All other liabilities .... l.U.404.T Total liabilities, exclusive of capital stock of 8,000,000.00 : IS0S,M1.1S ' BUSINESS IN OREGON FOR THE YEAR Net premiums received during the year I 112,110.4) Losses paid during the year 11,955 40 Losses Incurred during the year 17, Ml. 70 ' NATIONAL SURETY COMPANT We B, JoycePresident Hubert J. Hewitt, Secratair Statutory resident attorney for service: Edward P. Welch, 203 Corbett Bldg., Portland, Oregon. 7M 6- First National Bank Monmouth, Oregon Capital;.! - $30,000.00 Surplus er.d Undivided Profits.$19,000.00 Interest paid on time deposits. Investment securi ties for customers. Traveler's checks. Telegraphic transfers ' We are prepared to take care of your banking business. Ira C. Powell, President E. L. Kilen. Cashier E1KECTORS-J.;b. V. Butler, Chairman," I. M, Simpson ' Wm. Riddell, Robert Steele,. . Ira C. Powell riRSTAnONALBANK 5 Monmouth ' OretSoru A Helpful "V Seed Book ILLUSTRATED WITH COLOR PHOTOGRAPHS No wise seed buyer will think of purchasing hla re quirements without first consulting this book. It tells positively of the "BEST SEKns FOR THE WEST, Brimful of authentlo Information and containing over 100 photo engravings showing actual results from Lilly's Seeds, It Is acknowledged to be the LEADIMO WESTERN SEED CATALOG. ' WHITE FPU .OIB COHlf TOPAV Tbe Chan. H. Lilly Co. ' Seattle YaWma I'ortland iTIIV l)H The Herald entered as Mcond-cUua matter Sentambere. law. a tks poet oAce at MuaaMUta, Oreaea. tfttder the kct of Marts 3. ISTi, RICHARD B. SWENSUN Editor A Publisher MONMOUTH, OREGON ISSUED EVERY FRIDAY FRIDAY, MAR. 19. 1920 Subscription Rates One year $2,00 Sis months $1.00 Three months - 75 eta n r Monmouth iW Meditations Early garden stuff is finding this a cold world just st present. Money talks in til languages but finds it increasingly hard to under stand ia German. Some. men who think they are presidential timber are merely presidential splinters. Kerr Wolfgang Kapp is finding fiat the chancellor's cap is several sizes to large for him. . Maybe Milwaukee votes for Eer- ger for Congress because that is the only way to get him out of Milwaukee. .cover's chances are looking up a bit. The New York Sun refers to him as handsome, a remark that is especially pertinent now that so many women have the vote. Judging from appearances the veiled and open threats which are always an accompaniment of I. W. W. activity had the'r effect on the jurors at Montesano. Otherwise it is hard to account for the reason ing that led them to agree on con viction for murder in the second de gree. . To date the German revolution appears to have a few of the feat ures Of the regular course of enter tainment inCentraTAmerica. It is in the winter that one hears all sorts of statements and surmis es about highway work in the pres ent, past and future. If you don't believe it just keep your ears open. A Dallas editor thinks that Mon mouth and Independence have been unduly favored with road work at the expense of the' rest of the coun ty, impressions gleaned while joy riding through our midst. We wonder if by chance his route led over Monmouth Heights. : Consolidated industry succeeds because it profits by the small things, the by-products, which or dinary producers waste. Many an item in the. farm budget Is lost be cause advertising" would have called it to the attention of some one in need of it and thus something would have been profitably disposed of that otherwise would have been wasted. School districts, especially, city districts sre now struggling with the effort to raise money to keep up the standard and quality of work in the face of increasing . costs. In this way they should feel a fellow sympathy for the -higher institu tions of le?rning who are row deep in a struggle t secure more troney with which to keep up their end on the pathway of progress. A gentleman in the back row of seats rises to remark that apparent ly Hoover is willing to vote either the Republican or Democratic tick et providing he is the ticket. Gasoline is to go up 2 cents in price and k.-rosens 1 cent by reason of which some philanthropic gifts to various benevolent enterprises will probably be announced by John D. in the near future? . t An effort is general throughout the land at present for the applica tion of business methods'to nation al finances as administrated by the government. National expenses which in 1917 were one billion, one hundred million, have grown until at present the amount expended each year, it over 1 five billions. When you figure th.it this meant tn average of fifty dollars for each man, - woman and child in the na tion you see the importance of the thing. In the early days of the na tion the cost of government was comparatively small and there was a general Indifference to it. An ar ticle in t recent Saturday Evening Tost details plan of business ad ministration as applied to Illinois under Governor Lowden which Is most interesting . So effective has the change been that It has enabled Illinois, in the face of rising costs, to conduct the business of the state at a less cost than . wat necessary before the war, which it In decided contrast to the other states of the union. As in Introductory over one hundred tnd twentyfive commis sions, board and independent offl ce'rs were abolished and the entire business of the state was grouped under nine headings, the depart ments of Finance, Agriculture, La bor, Mines tnd Minerals, Public Works and Buildings, Public Wel fare, Public Health, Trade and Commerce tnd Registration and Ed ucation. In each case responsibility wat centered on one man, it being found that better results were ob tained from one man 'than from a commission of three or more. Thty found this a better way to secure accountability of officials and it tl s) acted for quicker decisions and more expeditious action.' In organizing the departments the duties of the office were not closely detailed, a contrast to the federal government where the cus tom it to hedge in each office with restrictions and limitations which are productive of red tape tin.e no officer can step over the limits set upon him tnd is compelled to refer business to someone else which I e could himself do were his duties not restricted to such t fine point of exactness. Another innovation it in the matter of finances. In the national government each, bureau chief makes his own estimates of money needed for the ensuing year, an es timate naturally satisfactory to the bureau but not always to the pub lic as a whole. The Illinois plan is for all estimates to be made by the bureau of finance, just as the esti mates of a corporation are made and which with a knowledge of the resources and amount of money available acts as a check to cut out needless offices and useless expendi tures. The treasury department al so provides t uniform system of book keeping and oversees ac counts, approving and disproving of all vouchers. We feel sure the country is headed for reform in its administrative features and the ex ample of Illinois is bound to be of value as an example in actual ac complishment. - mm -fa's-'Piornina-H Keeprour Eyes C am - Clear neennv a, im tr to. a- c-.o-e.KA m.'r. a , sa s-f-w. w' r?klf -arTUk Get the Genuine and Avoid Waste Economy in Every Cake tfS P fci Doyoi your bathroom Or is it unsightly because of old fashioned plumbing fixtures? Modernize your bathroom by having us install PACIFIC , .Plumbing Fixtures ' in your home. We do work any place in the county. RICH & ELLIS Dallas Ore. 512 MAIN St. PHONE 452 ' Dark Days Demand Light See the new White Mazda A soft light without glare. Does rut strain eyes. Eversharp Pencil From $1.00 up Conklin Fountain Pen At $2. 50 and up MORLAN & SON Monmouth's largest tnd moat complete Confectionery and Book Store F. W. LEONARD Boot and Shoe Maker with many years experience, Repair work promptly and neatly done See me in Boulden building next door to Herald shop eeeMeeeteeeee eeeeeeeeeeeteeeeeeeeeteeee I INSURANCE : j On City or Farm Insurance on three or five year policies, we take notes payable in yearly installments. J j Bonds of all sorts sold. t t Let us place your Insurance with old, reliable I companies. ? GEO. W. CHESEBRO I - Meeeeeeeejoetiif Groceries & Provisions Good Goods and Fair Treatment C. C. Mulkey & Son Fire Insurance WALTER G. BROWN Magazines, Periodicals Books, Stationery Candy and Cigars ' P. H. JOHNSON Good Printing is the Product of the Herald Print Shop Satisfied Servants aw alwaus found in Electrified Homes v 1 v ... ' Invertigition proves that mucli of the 10 called "servant problem" ! due to unfavorable working conditions. The more drudjrty vou eliminate from youf kitchen and laundry the eaiier it will be for you to svoid "trouble with the help. Do you know that electricity will Cook the food Sharpen the knives Wash the dlshe . , Polish silverware , Waah the clothes Iron thelothee -Clean the home Pump the water HuntliiiFant tnd do many other things at aurpriiingly little coitf v let ui ihow you how to keep icrvanti ty lightening your house work. Mountain States Power Co. MONMOUTH OREGOII
