Image provided by: Sherman County Historical Museum; Moro, OR
About Sherman County journal. (Moro, Or.) 1931-current | View Entire Issue (May 1, 1931)
Continu«! from p»gt one. News Review of Current Events the World Over F«rm Board to Abandon Efforts lo Stabilize Wheat Prices •—Austro-German Customs Union Stirs Protests. By EDWARD W. PICKARD * ARTHQUAK L and fire In 5/* Managua, Nkera- gua. took an estl RtóUA mated toll of 1.000 dead and many ’housand« Injured, many of Ihe in Americans. 'I he Arrow Points American legation. to Managua the British legation and Nicaraguan government buildings wen- ull d* stroyed. Fire following the earthquake razed twenty blocks of the 1» ¡slness district, causing an estimate«! prop erty damage of $30,000,000. American agencies were quick t«» resjiond to the need for heli«. Th* Red Cross rushed supplle* Murines, sent to the little republic on a political mission aeveral years ago, were used to maintain order and relieve dis tress. It Is too -early to know definitely the extent of the disaster. Managua ■ population was In the neighborhood of 40.000. The region of this city -a dotted with evidences of Its volcanic charac ter, and history record’s at least two major volcanic disasters. Nicaragua has been less Hifllcted with earth quakes than Its Central American neighbor«. So far as is known there 1« not a habitable building left in the once beautiful Central American city, the second in «Ize In the republic. I'resi dent Moncado himself abandoned the national palace for a tent. I-itwisin In Catherine FlMiey, Wasco he mark oil further on Jane French, |ioro July 1 «f this year by the banish John Proudfoot. Wasco merit of the twelve guod men and Ix>ia Meber, £onklund true frum the penal courts of Mus Naomi Wilson, Michigan ■ollDllaud. Juries are abolished with FfFTH GRADE the reform of the courts of nsslzea, or those which try criminal caws, which Barbara Belshs, Harmony Premier Mussolini will put In effect Eva Fawel, Wa^co three months heme, and for them Idallia Spencer, Wasco will be substituted s Juridical com Winifred Belshee, Harmony mittee, or what’a called a “(xilleg»” consisting of two professional Judges Anita Beardsley, Wasco SIXTH GRADE and five nontcrhnkwl cltlxeus who are called •‘asseiumra." Maric Mathieson, Rufus But every otic ran not be QU asses Georgiana BUckburne, Rufus «or. Only special categories of cltl Dora Millard, Rufus sens who have high inoral ami Intel Dorothy Lamborn. Wasco political Hllnînment* not iectual. if Dessie Hearing, Wasco will run tin* risk of iutvlng their nnmes In the wh.-vl to be drav. h as Kenneth Gregg. Kent Frances Fairchild, Grass Valley nE8«*Rsorti. Teddy Burns, Gorman the o>uit» of a» The reform sixes and ihe sixdllimi of the Jury Is Phoebe Lyons, Kent a result of the refurmwl penal «talc In SEVENTH GRADE Italy, h work on »vhh h Minister of Justice lt<>< cii mid his collah •rah»rs Evelyn Olson, Wasco Jeanette Scott, Wasco Imre labored for live years The re form was brought about by what were EIGHTH GRADE considered standahuis decisions often Geraldine Funk, Emigrant Springs returned by Juries made up of men Dana Jean McMillin, Wasco of insuificient Intellectual attain An oral contest followed the merits lo distinguish between the written for all who elected to spell. facts and the emotional bunk of the /-IERMANY and Austria have an- Cj nounced Uiat they are about to consummate a cu»tom» union, and have caused great disturbance» In the »o called "chancellerie« of Europe Great Britain, France. Italy and especially Czechoslovakia have protected against the move and according to report some of them have warned the two nations nut to go ahead with their plan. The British position Is that It 1« a viola tlon of tbe protocol of 19^2 In which the League of Nation» reorganized Austrian finances and Austria agreed to give equal tariil to all countries. Tbe French. Italians and Czechs fear the proposed union Is the first step toward the political union of Germany and Austria, which would violate the The following persons Were awarded lawyers. peace treaty. The Czechs are trying with these abuses had an Oral Spelling Certificate for Discontent to bring the other countries of tbe accumulateti In less than a century their efficiency in that contest: little entente to their point ol view. for the Jury aysfem was only Intro FIRST GRADE ■ nd the two Germanic qatlons have duced In Italy in 1848. John Schwendel, Wasco Invited Czechoslovakia, Rumania and Jugoslavia to enter the economic com Frances Lee James, Grass Valley ri URI NG the for blnatlon with them. Laura Whitlock, Grass Valley mal adjournment When tbe French, British and Emma Jean Eakin, Rutledge of he German relchs Italian ambassadors questioned For Patricia Yocum, Wasco tag the Rruenlng eign Minister Curtlus In Berlin, he Patricia Bishop, Wasco cabinet Is armed with replied in effect that Germany would parliamentary cert I Robert Holmes, Liberty not back down In its determination to tied dictatorial pow Bobbie Wisner, Rufus put the tariff union Into effect, but he er« to run the country Jimmy Coats, Rufus assured them that this In no way her until next autumn Bobby nuck, Rufus alded an eventual political unification when (he reh-hslag with Austria. It was tolerably evident Betty Morris, Rufus reccnvene* The gov that Germany was willing to carry the Aleanor Pattern n, Rufus eminent also prepare«! matter to tbe world court at The Helen von Borstel, Kent measurei to ^urh nt Chancellor Hague. Robert Ziegler, Grass Valley tacks on Preshlent i Briand, French foreign minister, was Druening John Shipley, Grass Valley Hindenburg. placed In an embarrassing position Betty Jean Payne, Rutledge The emergency decree enormously for the Austro-Gennan plan is really rights an curtails the vital SECOND GRADE a start toward his great scheme of an aseball loses two of It» major chored to the Genutin constllution economic union of all Europe In which Vera Jean Hemichs, Moro lumlnarie» In the passing of Er Bnslng the iicti«>L on article 48 of the there shall be no tariff wall* Marion Wayne Crews, Wasco nest S. Barnard and Byron B. John cbnslLuHun. enaldlng the President to THIRD GRADE son, the president and ths ex presi take dictatorial meiumrea Alien “se i) EPEAL of the Illinois prohibition dent of the American league dying Simon, Grass Valley Dolores curily and order are threatened. ” Ilie K law and the search and seizure within sixteen hours of each other. Douglas Tuel, Wasco decree curtails the perH«*nill rights of act was completed by the state senate Both devoted their Ilves to the Amer Wyman French, Moro citizens such its the fre«'«l<>ni of speech by a vote of 26 to 24. The house had lean national game. Their terms of the Inv lohililllly «f homes, freedom Isla Jean Brisbine, Moro repeal act, 91 previously passed the »ervice In the presidency spanned the of the priMW. secrecy in the malls, the Bonnie Peters, Erskine to 56. life of the league itself. right tu meet when unarmetl. the right Reatha Sayrs, Moro When Johnson quit the sports desk to form HMorlatlo; s. or own property Anna Macnab, Rufus M RGANIZED L A- of a Cincinnati newspaper to uqek Id» Public announcements of political ' bor in the Unit Loeta Cross, Rufus fortune In the business administra gatherings must he confined to tile ed States Is prepared Gordon Boice, Klondike tion of baseball, Jame« J. HUI had ar barest farts. NewHpajtera Infringing to fight, with all the Eleanor Fortner, Moro rived aa tbe empire builder of tbe upon the terms of the decree may he strength it possesses, Northweat, and John D. Rockefeller Ann Lucas, Wasco suspended for elgh‘ wteks, nnd other any attempts to re had established the dynasty of Stand publications nmj be suspended for six FOURTH GRADE duce wages. Such is ard Oil. Aa each of those in his »ep mont hs. Luther Davis, Kent the assertion of Wil arate sphere wore the Napoleonic The public speaking “muzzle de liam Green, president Lloyd Belshe, Harmony mantle, so Johnson did In baseball. cree," the old timers eloquently claim, of the American Fed Belly Lou Olds, Grass Valley Under his leadership a rather rowdy is more severe than a “ukase” in the eration of Labor. In a gp4>rt became, on its artistic side, a Jane French, Moro days of the former kaiser. statement issued in profession, and, economically, entered Dean Pinkerton. Moro During adjournment committee« will Washington, he said: tbe company of large affaira It waa Wm. Green continue working on a mass of Internal Frank Sayrs, Moro Reduction« in wages Johnson'« genius that wrought the reform projecta. and the reichstag can Lois Wil»on, Rufus have been favored and encouraged by miracle. be called together a. any time on the Naomi Wilson, Michigan bankers and soma employer« whose Mi. Barnard #ould have been fifty- demnnd of one-third of the member* Margaret McDermid, Gordon Ridge desire for standard profit« ha« over seven year« old on July 17. He had or the council ef elders can authorize Thelma Fortner, Wasco * come their better judgment If they been re elected president of the Amer such a special call by majority vote are persisted in, a return to normal Catherine Fridley, Wasco lean league for a five year term. Hla condition« will be delayed for two John Proudfoot, Wasco activity in connection with the draft USSIA bade open defiance to the years or more. It 1« only through the controversy and In the adoption of the FIFTH GRADE International grain conference nt development of the purchasing power schedule 1« believed to have hastened Rome when Abraham Klssin, Soviet Forrest Russel, Grass Valley of working people to the highest possl- hl« death. delegate, declared that, far from re Gordon Thompson, Harmony ble point that a murlet can be found ducing her wheat production, his conn Gertrude Hansen, Erskine for tbe goods which we are produc try would Increase It this year and N THE death of ing In an ever Incaeaaing volume. Viola Lundy, Wasco that Instead of giving up her [mllcy of Arnold Bennett, “In the light of these fact» the Stanley Jones, Wasco English literature has so-called “dumping,” she Intended to American Federation of Labor con Lois Melzer, Monkland lácrense her wheat exports in order lost one of Its inns ceives it to be its duty to realst. with Marfcaret Holmes, Liberty ters, and an unbeliev all the Influence and power at Its com to pay for her imports, which exceed Anita Beardsh y, Wasco $500,000.000 a year. ably long list of nov mand, any attempt on the part of em Eva Tuel, Wasco els, dramas and es "Any proposal to exclude from ployer« to reduce vngea Furthermore economic intercourse a nntion occu say« come« to an end. Winifred Belshee, Harmony Absorbed In the work It will be the policy of the American pylng one-sixth of the world’s surface Maxcine Pluemke, Kent Federation of Labor to direct its ef is foredoomed to failure,” Klssin said. aday world about SIXTH GRADE him, never a propa forts when favorable conditions per “Russia ■ population is Increasing at Vera Pike, Grass Valley gandist or a preacher, mlt, toward compelling those employ- 4he rate of 4,000,000 n year, which Is Frances Fairchild, Grass \ alley shunning the mazy proportionately twice as grent as the era of labor who, mve reduced wages Arnold Phyllis Haynes, Kent introspections of the Increase of Europe’s population, there during this period of unemployment. Bennett uev school, Bennett fore we must Increase out wheat pro Florence Thompson, Rufus to restore them.” with mingled realism and romanticism duction.” Dora Millard, Rufus The United States Agricultural de portrayed ths human comedy. With X] ATIONAL1STS of Porto Rico re Dessie Hearing, Wasco partment has e«tlmated that spring 1 t I ceived no encouragement from gentle irony and exacting attention to Emma Ellen Fortner, Wasco wheat plantings would be reduced 14.7 detail, he laid bare the dull inaterial- President Hoover when he landed ai Kenneth Gregg, Kent isms and the shams of civilization, per cent Thia exceeded the hope of San Juan nnd delivered bls first ad SEVENTH GRADE board for a 10 per cent cut. filling tho most Insipid with exciting the farm drees, which was made to the Island Dorothy Fraser, Moro interest, but never receding from his legislature. On th« contrary, he dwelt Jimmy Futter, Gorman detachment to turn crusader. Sufil- on the Innumerable benefits Ihe Island George Jensen, Rufus clent of his works will survive to as had derived from Its rule by the Unit ear admiral sure Arnold Bennett a permanent ed States, predicted One things for its Ida Coats, Rufus. Thoinn» C. Hart place on tbe world's bookshelves. future, and pledged the support and Janet Wilcox, Grass Valley has been appointed co-operation of his administration to superintendent of the Ted Proudfoot, Wasco r?OB two years tbe Treasury depart- ward continued Porto Rlcnn prog- Isabelle Fortner, Wasco Naval academy, «uc * ment has been Investigating res* ceedlng Rear Admiral Barbara Nunn, Wasco chargee that European aafety match The island, said the President, has 8. S- Robl»on, retired Margaret Moon, Wasco manufacturers were disposing of their In the course of a single generation Admiral Robison has Evelyn Olson, Wasco products in this country at low prices emerged from stagnation to n high had a career of 43 to the injury of domestic producer* EIGHTH GRADE place In the march of progress, and years in the navy Evidently tbe charges were found to Geraldine Funk, Emigrant Springs constitutes now “a magnificent exam HI» official retirement - bs true, for Secretary Mellon Issued ple of what a capable and Intelligent Margaret Burnett, Rufus «tarts Jun» 1, but in an anti-dumping order against the Im people may accomplish under free in th» meanwhile b» ha» Robert Ferrell. Wasco Rear Admiral portstlon of safety matches from eight stitution*" Mr. Hoover praised the planned to take » va Thomas C. Hart countries. efforts of Gov. Theodora Rooeevelt to cation at bl« recently Such action previously hsd been Bynqpgis of the Annual Statement of secure new channels of livelihood for purchased hon^fl on the South river THE FRAWKIJN FIRE INSURANCE tsken against Russian matches The the island’s increased population. COMPANY „ , near Annapolis. ot Philadelphia, in the Slate of Pennsyl latest nations affected are Finland. vania. 1920. in. de to the Insurance Corn- Praaldent Hoover's reception In Ban The regiment of midshipmen gave mlseloncr of ihe State of Oregon, pursu Norway, Ketbonla, Sweden. I-atvia ant to law. ____ Juan and everywhere else his auto the retiring superintendent a round C5PITAL Austria. Holland and Poland. Amount of capital stock paid mobile tour of tbe Islnnd took him yra» of cheers in front of his home. Re up .................. 13.000.000 00 INCOME gret st hl« passing WM expressed by enthusiastic. hroughout the Net premiums received durin« Maurice Hlbschmann. reglinentnl com the year .................................. »7.074.455 07 Wednesday was spent at St Thom battle maneuver« Interest, dlvlii, ndg and rents mander. and a delegation represent a* capital of tbe Virgin Islaada, whore received during the year... 1.041.406 «8 of the American fleet Income from other sources re- Ing the Annapolis city administration celved during the year......... 333.«15 II In Panama watera the people welcomed him respectfully and various civic organizations pre and told him plainly the needs of the TotgJ income ..................... »8.449.478 86 Secretary of the Navy DI8H1 RMMENTS sented a resolution praising him for little group thst has Just been placod ULnrlr» Francis Ad Net loue« paid «turin« the coming to the relief of the city during under the control of the Department year. Including a«Uu*ttnent anil wae • deeply In expense* ................................. »3.147.»«« the severe drought Of Inst summer Dividends paid on capital tereat rd obaerver. He of the Interior. That night the Arizona 1 380.000 00 ■tock during the year--- began a leisurely return to Norfolk. Commission» and salaries returned to Washing- B Blate of Orvcaa. Amount of ca 1.231.433 «92 206 17 Talal laccmc . 35L3M 47 Total >xpend M man, governor of the Bank of England, came to the United States Friday on one of his frequent quiet visit* having ilttl« to usual ilia arrival In forested financiers deeply, for It was be lieved he would go to WashlLgton and that M Norman then or soon there» ft- er President Hoover would !«•»• the call for the International «liver confer- ence which waa given authorization by the le«t rongrea* Silver be« been In a perlon« Mate for many month* for. while production haa not greatly Inrreeaed, the sale« by India on It« return to the gold «tandard. and by other count rie» for tbe purpoee of le»- ernlng tbe »»Ter content of th*lr col> tremely anti Engll»h and he could ■enreely hav» cho«« a more pointed way to Indicate bl» antipathy than by airing the »olid English virtue shout P»ylng one’» bUl». Th»r» wa» general con Merna tlon in London When recent ly he repudiated the payment due to be mnde In that city fit once of Inter ret charge» amounting to |3,04o.(M)0. U>ndon’« con»t»rn»tlon ha» been Changed to »omethlng Ht» exultation by the announcement of Prime Min Inter Scullin, of th« Commonwealth government. that hi» government would take over the New South Waive obligation and bring »uit against the at ate to recover. Mr. l-ang 1» seemingly taking a leaf from the book of »ome southern Amer lean «tate» which, many year. ago. were guilty of a number of repudla tiooa «a WIL W«H«va New«p*p«' u.!®. » Vuiue of -'. h ' s and bonds owned (nuU’t value’.. • 9« 810 426 on 7,700.856 23 Cosh In bangs and ou hand Pi n mi n> coui s«. of o'l- Icetlon wrllk-n *lnea Sep 10.502.411 48 tember 30. 1030 .................. Im ” and rent* du« and iie-i uM . .................................... All other ........ ......................... Totr.l admitted a«f. t* »11C.896.126 34 LIABD 1TIES °-?; d C?S‘n'’ f0r. U‘”» 6-750.960 00 » AiTSGff M.4Ä8.200 88 Total admit slab— .? .¿a*»10.C83,913 00 Amount of tiniarned urem- m-p. tn all uut.landlug All’oiher habllities ............... ................... . .................... Lrrr.M8.63 LoMM^pall*^!^ war ' I I -n.i jnu I ■' . I veil dur- IIIR h” V H 1 osses p M o aurine the rear i ■<*» Incurred durln« the 85 399 37 •mmiiy.- Th« Hom« Insur- ¿f ì dC-nt. V?pfre«» ,, ’ '•r.larV. v.nccnt P. Wyatt, d nt auo*ucy for service. MU L ’•fi'* L m M» Tucurred during the f 1# ipany. London 6s Lanca- . Company o\8^^r*y uhn Urm»oti. ttorney for eerv SYNOPSIS OF TM^AJÇNÜAL BTATKMKNT IT COMPANY _ I tat« of New York. *y of December, ■urance Commi»- Oregon. pur*uaut paid up I 750,000 Amount of capiti Net premiums received during . the yeer .......... »1.337.452 Interest, dividend» and rent« re- 1 celved durtn« the year.............. 74.330 Income from other sources re- celved dunnz the iw........ 228.375 11,440.157 DlBBURflÊUÎDrrS Net loaMS paid during the y< includine adjuatment pens«* ............... ..I 262.062 CommiMions and **l*rle« paid durin« the year.............. 800.114 .. Taxes, license« and fees paid durtn« the year................... 6.227 Amount of all other expendi .»3.144.097 81 Total Incom«’................................ 228.144 .... ture« ............................. DisfctmsLVE.’rrs Net josses paid du ui. year, Tvtal expenditures..............I I 896.547 including adj&sttn' nt • pens' s »1,529,237.51 A BRETS Dividends paid on c. pltal stock Value of stocks and bonds owned during the year... ................ 240.000 00 (market value)......... /-- a i -1 »1.293.114 Commissions and sa r!cs paid Loans on mortgases and collat- 408.400 during the year.................... .. 1.041.775 50 23U.Ü29 Cash in bants and on hand ... Taxes, licenses nnd fees paid Premhltns in course of collection du 11 ng the yenr......... 134.666 38 written sine« September 30. Amount of all otlrr r;., -ni'furei 138.779 43 353.212 1929 .............. .... Oross loss on cule of ledger Interest and rents due and ac assets ............................................. 263.591 34 19.797 crued and other ledger asset«. Tola] expenditur e.................... »3.348,050 16 Total admitted «sret» ........... |2. 36544^ ASSETS Orosi chrtm« for /ones unpaid.» 275.892 Value of real ct at« owned (market value) ...... ............. .. ........................ Amount of im«*arr»d nnmlum* Value of «tocks i ad bands on all outstanding risks...... 6u0.0ol owned (market vr lue).............. 4.792.318 00 Due for conuuisaion and brok- Loans on mortgages and col erase ......... ......................... lateral. etc...... .... ................ All o'her HcbiULoa ......................... 13d.u u Cash In banks and nr. hand... 401.897.33 Premiums In Cour ■ ■ co'leo- * Total IlnbiliOa. exelueive of tlon written since U- ptember car.lt«» «toe»: ................ 81.155.P1 30. 1930 ............................................. 565,198 32 BrsiNl-83 1« WUSCjO I FOR THE YF.At! Interest ana rents c e r i ac I« t premium! received nurina -- crued and reins, due on paid th-» veer................. » ’ n losses ........ 42.074.36 I- . >- d i - n- tbe sear.......... .. ¿2 T ng . ¡ » ■ ■■ i • th , y-ar.. _ > ) Total admitted ns-rts............... »5.802,485.01 •o > <f LIABILITIES C r v. west. Gross claims for lo , timwld 8 543.071.91 1 .-«rie of DMT .emu. Name <>f Amount of unearned pr Juma on all outsthndin ; li, s......... 2,414.344.43 Du« for commi: sion e id brok erage ................... ......................... 15.000 00 All other liabilities........................... 55 000 00 Total Uabthtlea. exeh>r|ve cf capital stock of ’ I ...»3,027.418 34 N FOR THE YEAR BUSINESS IN ORP Net premium* rece ccd during the ....................... »23.577 07 ........................ year........... 10.698.40 Losse* paid durb : I the year.. 10.242 40 Losses incurred dur; Name of Company 5 INSURANCE ca BANKER« A BHH i . .C V MES EROIN Name of Preside ' . . .. .H H. LAMY JR. Name of Secretary Statutory resitler • p'> ■ r - ser ' JOHN H. BURGAUD. Pon land, Urecca ’ 112 248.507 08 laini« Total llabtlltl»». •xchisive BU^lAlSfl^iN'cmWJON FOR fll« Y^AR <’Ur‘.. »53.18.6 Izawi paid during th« rear *3 A Lws.. Incurred during the v»ar 31 «8 «J Mama nt Company. Th* Franklin F r» ’■■"V nambH*'"’; Statutory raaidenl *ttorn«V for »ervlcr John L. Searcy, Resident Agent. <() 7.931.287 71 Total liabilities, exclusive BUSI^l&^W&PE^ POR T11X y / ak al«? Net premiums received during year ........................... . .................... »3.714,699 34 Intereet, dtvid ¡d o l rmti s received derm’, (he jenr.... 297.644 88 Incom« from oth' r 'U!\ m ie 135.753 59 celved during the jun...... . Oros* claim* for loase» un paid ................................................. I 41,144,884 00 Amount of unearned pr«- mlum* on all outstanding ^15?^ lV>e*W.W UMMMM Total azpondi mal S’.temcit of th« Synopsis of the BANKERS & SHIPP K' INSURANCE CO. of 95 Maidon Lnnr. 1New York City, in the State of on the 31st day of December, 1? " m i" to the Insurance Commissioner cl Urn - tate of Qre«on pur suant *o law; CiP’TAL Amount of capital F id up » 1,000.060 00 ravuin All other ÙablUÙ*«......... .. ¿UfM •••••••»•«»••••••••••• Ornerai Agen 921 Yeon Cid ’market value) .......... v-i'* »67.120 52 Value of «lock» and bwnd* own«d (market value) Mi 22 Ca*>i in banka and on hand 1.4*1.578 33 Pramtuma in courae of col lection written «inoa Sep- tember 30, 1930... .. .... . L171.364 84 InUreal and rent* due and • rrrued ....................... O™ OO T«.l 18.127.810 94 W. R. Mel awitih f-« 11MA40M 818.619 77 JAR F MITC Manager. Btutulory reale!' Total expenditure« ................ I »LM0.C48 M »> .................. n 533.529.01 58 expeDMs ........................... , ,1 27.030,197 63 Dividend« raid nn capital 4.500.000 00 Stock durlult ths yeur Commission and salarie* paid during tire year.... 15.371.232 35 T« x «- k . lloenae« and fee» 2.151.711 94 paid durin« the year.... Amount of all oilier ex- 5.830.700 79 pvmjjtures .......................... Total expenditure^ ^...» 54.893.842 71 Di Total liablUtl»«. exclusive of eaDltal stock ........ . . .SIP 679 913 40 BUSINESS IN OHEtiON FOR THE YEAR Net premiums received dur 148.993 39 ing the year ............. .......I 101.602 92 Ixisaes paid dm na the year Loises incurred during cue 67.006 <»3 LIFE O1 1 '¡ . AND N, i , ■ , ■> , FREDI ’»CK 1 CHAR’ ? IH. U STRAIN nected under the it anil by the use* .>f equipment. t Equipped Optical tern Oregon. W p EXCLUSIVELY e Optical Co. H-whou.-ie. Proprietor t Second Street LI S. onFGCN Coming To Dr. Mellenthin Special Rat > permanent SPECIALIST in Internal Medicine for the past eighteen years Synopsis of the Annual Rtatemeot < ch? PACIFIC INDEMNITY COMP A .7 Of Los Angeles, m tiro 8'ate of Cabfclple.. on the thirty-first day of Decor.-b r, 1930. made to the Insurance Commis sioner of Hie State of Oregon, pursuant to law: CAPITAL Amount of capital stock paid up ............................................... »1.500.000 00 INCOMB . ( Net premiums received during ‘ the year ............... ................. »4.597.881 34 Interest, dividends and renta received during th« year... 465.678.67 In tome from other source« received during the year... 986 66 paid during th» year ..-••• 1.374.708 81 Taxes, ncansei and fees paid 344.3M «1 during the ve*r ........... .. Amount of all other expendl- 411.071 94 turss....................................... » «I'W Total income ••-c-• • a disbqr A kments et losses paid d inn« the year Including adjustment 5 99.973.83 Amount of unearned pre miums on all outstanding risks ................. i 7,017,486 53 Du« for commission suo 833.512 87 brokerage ...... .............. LX55.0Ô0 90 All other liabilities.................. T ME MINISTER LANG, of Nov P ill South Wales, in Australia, is ex ll.843Jil8.33 i ° pa" ClalînS tt.4M.C30.12 Total Mot 1 Value of rial < 1.123,830 00 (market >*1’ Value of st «- 19.656/227 00 owned Loans en-w*.‘u 150.000 00 lateral, etc. .....• 5,7.57V &6 4 Cash I” ba its u d on ’ Premiums in < . •< • - lection wnlttu sU»ce Sep tember 30. 1930. •¿■•y- -i 3.283.170 06 Interest and rents d • . -d 198.701 30 accrued ................................. Total ¡¿t; • I-4'907'?38 22 R nor - _ r^v«l duHmTU. C IL643 89 Net losses i i d yur mcluagiii eXpssises ..... Comnn \o.i O’ paid darin« Ui Tax<‘«. liernst» ” dur uk us r Amoiuit of all o lures । I ontagu ' -d °t cupltal 24 006.000 00 ................. 1NÒÓM1- bet premium» rectivea aur U.S tnc jear ........ 1 47.202.859 II Inter« »1, dividrnds and ri-iiTs received during the 5.292.829.50 yeur .. ............ ........................ Income from otmr source* 1.317.850 82 received during the year. 750.000 00 Interval. dtylfla&da^aBd rwto luieiest. dui* '• received dur Dicome frm.i < received aurin R ton with the firm con viction that, notwlth- ■tandlDg the develop ment of aviation, the battleship is still the Adame backbone of modern fighting fleet* “These big aurises ves •els are eswentlal cogs In our naval fighting forces." said Mr. Adams, and hl« opinion coincides with those of the leading naval officers who peril elpated In or watched the maneuver«. In report« filed at the Navy depart ■tent, such ofticera aa Admiral Wil Ham ▼. Pratt chief of nsval oper- allons ; Kenr Admiral Joseph B. Beeves. and Rear Admiral Mark A. Bristol, chairman of tha executive committee of the navy general board, agree that without bsttleahlp strength the United States would be powerless to prevent a major boatll» movement ■cross the ocean directed at this coaa ot New of development DOES NOT OPERATE will be at THE DALLE^HOTEL on MONDAY nn<i TUESDAY MAY 4th and 5'h from 10 n. m. to 4 p m. Total Income....,,,. .1 »8,044,546 66 ‘ TWO D W ONLY DISBURSEMENTS Net losses paid during th« No Charge for Conpultalivn year frcludlng adjustment expenses ................................1 »2.455,245.65 Dr. Mellcnih'n l ’ ocr not operate Dividends paid on capital stock during the year...... L 202,500 00; chronic appeiidiciti». gall atones, u Oom ml salons and salaries paid during the year..,....... 1.284.79^.67 .. of the »ton »« h, tonsi.« < r adtumoe. Taxes, licenses and fees paid I \89.476.»2. during the year............... .... He has to hi» cr wonderful re^ulta Amount of all other expendi 691.061 od tures ............................................ Tot<J, expend!tures..„v_-« .74.823.0994M ASSETS . Value of real e«tate owned (market value).......v/Ji ’ I 850,000 00 Value of stock* and bond* ‘ 2,703,705.05 owned (market value)..... Loans on mortgage* and cor- Cash^ in Panics and on band.. Premiums In cours« of collec tion written since Septem 1,002.256.30 ber 30. 1930 ...... .... ......... Interest and rent* du« and Othefr Admitted asset*....... iBÆ&S1 Total admitted asset*....I »7,549,412.93 u abilities Oros* claim* lot lo*se* un »1.316,920.88 paid ....................... Amount of unearned premi um* on all out*tandlng 1.938.964 38 D uj for commission and brok- »S’ All rotli«r ’ ilabliitie*........... .. Total llabllltie*. exclusive of capital «tock of *1.500.000.00 A-xi, SilMar BUSINESS IN OREGON FOR THE YEAR Net premiums received dur- ins the yenr............................» 208 544.0« Losses paid during the rear.. 132.660.74 Losses Incurred during in« J7R 310 74 flame' of'¿ionipahy. Pacific Indemnity Company • ,, , - Nmn» et 'president. L f A. Phillipa. "■-s E McInerny, Nome of reef 'ry. uaey lor btrvisc. Statutory Hon. Cla 'in dieea)ea of the «tomach, 1'ier, bow el», bloo «, bkin. nerve«, heart, kidney, bladder. I*d wett np. < atsrrh. week lungs, rheumatism, sciatica, leg ulerra nnd rectal ailmmta. Rtme «»her nhoie’date lion on this trip 1« free ! treatment i« d ffe ent . Married women must he accompanied by their hoebande Addreax; 4221 " «f t lx)H Angeles, Californin. UNDER THE KAL MANAGEMENT (H* Ed ward C. Holt RATES Roon« svith bath privilege, $1. up with private bath. Does Nei IX ' 1930. ICT Of 000.00 3 615.015 00 in Inu received < In com 7 ire received < 610.535.67 294.729.00 Í 530/940.35 inc 1. Net 1osx<”> , year. Inc! exprnres Dividend« ■tock <!t»r Ootnmiwi' paid during 1 Tax««, neepse« during the i Amount of all tures ...... Total 11.631.267.70 805.997 00 1.182.472 01 358.675 75 278 773 25 ÏL850.186.71 Total <xpen<! Value of real (market v«h Value ot R!or owned «marl Losses dur fi companies . C«ah In banks Premiums In c< tlon written b«r 80. IMO t*n 6 00 13.137.14100 f 28.684 50 . 1,722.233.10 ' Total Oroas claim« for lo> paid ...... ....... Amount of unc«'. urns on all out ' ano Due for c«»mmi*!<; All otffer riibiil' Total JtaMUtir of capital «loci BU HNESR IM O' Net pr< niui in« the yei Lm.-s p«16 ' Lo.see me n ofV Oomiany Sir *' da rd ularly and, Your Fusi» tÄfy Your r¡: the Goods and 718.925 56 A!1 succe* sf Men Advert S9A57 12 »18.706.941 28 .»1,432.080 00 s 2.776,499.43 220 Q0®00 1.674.695.71 . .vJ.27114 I HE YEAR rvicto SWAN 1.50 up : moi e than two room. - you our
