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