Sherman County observer. (Moro, Sherman County, Or.) 1897-1931, April 03, 1925, Image 4

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    1 'i
“7-r i
¡KHii tutin emmi
F ridat .
THE JUDGE’- He Should Have Asked For Bananas
April 3. 1925
JUDGE 1THIMK WE HAD
BETTER TME SOME
SOUND PRINCIPLES
FOR ALLIED DEBTS
fruit ALonqio mother ^ surc \ whaï
FRUIT 00 «U
THMK SHE'D like
Payments to America Should Be
Guided by Dawes Plan,
Says C. E Mitchell
Ths fundamental principles of th«
Dawes pten for settling the European
war debt question ar« applicable to
the problem of the Allied debts to the
United States. Charles & Mitchell,
president of the National City Bank
of New York, declares In an article In
the imriean Bankers Association
Journal Mr Mitchell says:
“Debts between nations are »1^^’
a source of international trouble, and
I consider it of great Importance that
our own economic as well as political
’ relations with such countries as
Fraace. Belgium and Italy may be im­
proved by an early adjustment of
their debts to our own national gov­
ernment
Country Endorsed Dawe« Plsn
"I bop« that wo are gradually learn­
ing that sack debt«, if unduly forced,
may result more calamitously to the
commercial Interest« of our own coun
try than to those of the debtor coun
try This talk of forcing payment of
•«very dollar to the last penny.' Is
commercially unwise I think we may
assume that the Dawes plan has had
»he Indorsement of the American peo-
n|e through their election of General
- h to the-Vice Presidency of the
t it i-d States That plan Is one that
principles
esiablisheB
fundamental
which may be applied in considering
tbe debts of one nation to another
resulting from war
“The first principle, as I ie* It. is
that tbe yoke of the war debt shall
not be held as a burden upon tbe
people beyond the generation that had
to do with the war. This principle is
clearly Intimated In the fact that the
IndnstrtaJ and railway debentures
which form the principal security and
means of payment of the debt carry
6 per cent Interest with 1 per cent
ambrttzaUoa. which means that such
obligations are to be over a period of
about thirty-six years.
An InvttetloR to Trouble
"Any attempt to force tho carrying
of such debt burdens to tho second
•md third generations is but as on
graved inriution to further trouble
.he test pennyIn the adjastmant of
our foreign relations, essential to the
development of increased export and
import trade there can be no problem
of greater Importance than reaching
a sound and final conclusion as to this
Irritating question of th« debts of al
lied countries to ourselves."
THUS, F. WOODLOCK
ON “SUCKER LISTS'
ADVERSITY A STIMULANT
TO GOOD FARMING
An Interesting experience is told by
Dean Dodson of a Louisiana farmer
who was just about breaking even I d
growing cotton. One day his wife fell
seriously 111 and was obliged to go to
the hospital A little later his daugh
ter was also taken to the hospital
Befor« he was through with this ex
pertence he was confronted with s
hill for $2.200 What was be to do?
Like a good business man he be
gan to figure how he might Increase
bls Income and cut down his ex
penses
He had a few cows that he
kept for raising calves. He -started
to milk these and sell the product.
He had some cull potatoes that were
unsalable, He fed these to his cows
and some pigs which be was able to
buy right Other waste producto were
utilized in the came manner. In the
garden he had more turnips than he
needed for his own use. These he
sorted, celling the best and feeding
the poor one«. H* consulted with his
merchants as to what garden crops
he might profitably grow for the local
market
He figured that he had some idle
land that he might use In growing
grain and hay. He enlarged his flock
of poultry and toek better care of it
He was mor« careful in the use of
his auto and saved a considerable
sum that ordinarily went for gasoline.
By taking advantage of tbe Increased
sources of Income and by cutting out
annoceeeary expenses he .was able by
the end of the year to pay off his hos-
pital bill, and in the meantime bad
diecovered the secret of sound and
sdeceaaful farming.— Baakor-Famti
STRAIGHT TALKS
WITH AUNT EMMY
OBSERVER WANT ADS
Rate«: Under 15 word«, 35c
15 <o 30 word«, 50c
Over 30 wd«., Ijic per wd.
Plumbing and Heating
Sells and installs . the
famous Mueller pipe
or pipeless furnace.
FOR SALE—United States Cream
separator No. 18. Very reason­
able.
Mrs. Ira K. Axtell, phone
24F2b Moro.-
Wasco, Oregon
i D. LINDQUIST
3
%
would answer the questions satisfa«
torily.
Emmy
Will my bank say that the
bouse which is offering the security
The Commercial Union Fire
Insurance Company
sf Ns* York, in ths stats of Ne* York,
on the thirty-first day of Deoemb«r, 1924.
made te the Insurance Commissioner of
»
200.800.00
is reputable?
WEYERHAEUSER TO
BUILD IT LONGVIEW
USE
AND
UNION
NON DETONATING
GASOLINE
UNION OIL COMPANY
OF
CALIFORNIA
R ead &, G alloway
The Dalles, Ore
Phone Main ,4001
Washington, D. C.—Secretary of the
Interior Work left Washington March
18 with Elwood Meade, commissioner
of reclamation, and Stephen T.
Mather, director of the national park
service, for a month’s trip of inspec­
tion of reolamatioo projects, national
parks and Indian reservatjpns. His
Itinerary carries him only as tar as
the Ktemath project in Oregon, omit­
ting Umatilla and the projects of
Washington and Idaho.
“Ever 81DC« 1 bought that $600
electric company bond. Aunt Emmy."
•aid Helen, "I have been pestered by
WHEN IN THE DALLES — Visit
all sorts of bond «talesmen to buy
I the Hemstitching Shop. Every-
other things
I should like to invest
again, but 1 am bewildered. Every
thing in Needlework and Threads,
Walter Camp, Noted Athlete, Dies. Mail <
day or so 1 see something that sounds
orders promptly filled.- One
New York. — Walter Camp, noted block 1
so good. But I don’t know what to
from post office, 105 East 2nd
। athlete, coach and author of the wide­
do."
street. Myles & WooJruff, The
ly used "Daily Douen" exercises for
“That reminds me," said Anni
Dalles, Oregon.
keeping well, was found dead in bed
Emmy, Ashing through her work
basket and taking out some clippings
in hla room at the Hotel Belmont. NOTICE—The Tygh Valley Flour
from her needle book. "1 hare an
Camp was in New York attending the
Mill has closed down until July
article from a magasin« that will
annual meeting of football coaches
1st. Out of wheat. R. B. Knox.
help.
Th« writer gav« some quea
j
SYNOPSIS OF THB ANNUAL STATB-
FOR SALE—Good milk cow, fresh
Lions I to make a bond ss teams n
MBNT OF
| February 1st, ten years old, $80,
answer * in writing and said that U
Thomas F. Woodlock, of New York,
exact description oí
who wee given a receea appointment
' the security?
ae interstate commerce commiooioner,
i
" 3. What provialoB to made foi
despite the senate’s failure to confirm
, paying off thlg and other aecarittet
hie nomination.
< J
of the compauxy?
" *L What |s the nature of the
business of the company?
I
" ‘L How much of a margin did
the company earn annually over al)
Emit white tho debt remains, bat In
its depreciation and intereat charges
no «vant to a point whaio tts eco­
for each of the last ten years?
nomic structure collapses under the
" *8. What dividends has the Com
strain, and. further, that the nationals
Longview, Wash.—The Weyerhaeus­ p*ny paid on Its stock for each of the
er Timber company will build large last ten years?
have a lesser burden of taxation upon
"*7. What are the company's total
lumber manufacturing plants in Long­ I
them ■ than have th« national« of
view, and It is that company’s inten­ assets and liabilities and haa K suffi
the creditor eouMry—another prind-
cient funds to carry on Ita basines«?
pte the «eundMsb of which cannot be
tion to start work ton the project soon,
" *8. What are the experience and
questioned
~
x
according to an announcement by reputation of the dm « controlling and
J'^The third prindple Is that with
George S. Long, general manager of i operating the cempanyT
Saw Only One.
such taxes collected, payments there
A worthy professor was invited to the Weyerhaeuser company, in a letter
’Then the next thing to do to to go
dine at the houee of a lady of fash­ to R. A. Long, chairman of the board io your banker and tet him cheth up
country to such an extent only as they
ion. When the company rose from the of directors of the Long-Bell Lumber all this information tor you," added
can bo made without disrupting inter­
table, the professor noticed, to his company, made public recently. The Aunt Emmy. "Now that you know
national exchange and commerce. The
plants will be located on a site weal your name to on a 'sucker list’ be
soundness of this last is apparent oa great consternation, that he was un
steady on his feet. In his anxiety to
doubly careful."
side of Oregon way, with frontage on j
"What's a ‘sucker list,' AuntyT"
eave
appearances
he
repaired
to
the
“Tbeeo I regard as the fundamental
the Columbia river.
“It is a lis| of the naine« of people
principles of the Da wee plan, and all drawing room, where the lady of the
The announcement followed- an all
securities or I d
of the hundred« of page« of the so- house yielded to the wishe« of her day conference of Long-Bell and Wey- [ who have purchased
quired about them,
Such lists are
lady
friende
and
showed
them
her
ealled Dawes report are devoted to
erhaeuser officials. Mr. Long, in his bought by so-called investment bro
aottlng up the machinery by which baby twins. The poor professor gazed
houses all over the country
letter, stated that it was the intention '
thoee principles can be put Into effect intently at them for a while and then
Lots
of
bad
socurltiea are sold through
of
his
company
to
push
forward
with
'
eaid,
somewhat
huskily:
“
Really,
what
"If tbeee principles are accepted as
a bonny little child." J______
the work with as "much celerity as unscrupulous brokers writing to the
names on those IliU.“
prteriptea by which th« paymant of
practicable."
"Oh. that's It, to It?" exclaimed
Call
for
tho
Mail
th« d*bts of allied countries to of
The announcement puts at rest '
Helen
“I suppose the poor people
Comparatively few people in Mexico
«ball b« determined and we would
numerous rumors circulated in the -
beet apply «och a yardstick as onr have their mall delivered at their northwest in the last several months ' are flattered at getting such letters.
I know I was."
measep«. rather than attempt to makt- street address, but rent post office
as to the probability of the Weyer­
“Just so," Aunt Emmy said, wttb «
CPP^tef th« slogan o* ev^n dollar to boxes and call for It
haeuser Timber company's building ! smile.—Anne B. Aymes
a mill at various places.
Olivo Trees.
The olive is "beyond sll others the
tree of civilization. From the dny you
COURTHOUSE IS ROBBED
plant the tro^ about sixteen to eigh­
Combination Burned But, Cash Taken teen years must pass before it begi»*
to produce say retur n s eventeen
at Albany, Or.
years of care, work and unremanera-
Albany, Or.—Burglars broke Into
tlve preparation. In southern France,
the county treasurer’s office in the
in the Arrondissement Grasse, one-
courthouse here early Saturday morn third of the country is planted wita
ing and after burning out the combln olives, and supported a population of
ation on the outer door of the vault «0,000 In the year 1880; the other two-
MOTOR OIL
burned a bole in the inner door and thirds, which grew no olives, contained
gained access to the interior, where a population of 10,000. In tho olive­
they found $293.87 cash, which they growing district of Tunisia, 150.000
took. Nothing else was missing from people live In an area of 600 square
kilometers; but close by ere districts
the vault.
Two acetylene outfits were used in Inhabited by five or six people to the
doing the work. The burglars took square kilometer."
the outfits from the county mac-hint
THE MARKET*
shops and from tbe Snyder blackarr.lt L
shop.
Portland
Wheat — Hard White, hard winter,
Lobbying Postal Heads Demoted.
northern spring and webtern wjiite,
Washington, D. C.—Postmaster Cen
$1.50; soft white, $1.51; western red
eral New directed the restoration tc $1.46.
t
’
duty, with demotion of each of the six
Hay—Alfalfa, $19019.60 ton; valley
postal aupervisory officials suspend
timothy, $20021; eastern Oregon
ed Jen nary 2 for their connection with timothy, 122032.50.
efforts to influence legislation at the
Butterfat—46c delivered Portland.
time of consideration of the posisi
Eggs—Ranch, 26O28c.
tray increase bill.
Cheese PricM L •• b. Tillsunook:
Triplets. 27c; lonf, 23c Mr lb.
Daniol W«bat«r,
Cattle—Steert, good, 18.2509 00.
Not many days ago I naw at brenk-
Hogs- Medium to choice, $12.506
fsxt the notabtest of all your Nota-
billtie*. Dnniri Webster.
lie I m a 14.26.
Sheep— Lambe, medium to choice
magnificent specimen; you might say
to all the world, This is your Yankee $11016.
EnglIshnmn, such Limb* we make in
Ynnkeelund! As s Ix,g1c fencer, Ad-
•««ttl«
* *
vo<ate, or Parliamentary Hercule«,
Wheat—Sof^ white, western white
«rne would Incline to back him at first hard Winter, Bortharn spring, $1.50;
eight ngnlnst all the extnnt world.
western red, $1.47; Big Bend blue
The tanned complexion, that am<»r-
.
GENERAL MACHINE SHOP
ptiouM rTsg-Hke fare; the dull black stem, $1.80.
Hay
—
Alfalfa,
$11; D. O* $$$; tlm ,
y«« under their precipice of brows,
Kvpairing Trucio», T’rarior-.
e <•<»« anthracite furnace*, needing othy, $28; D. C„ $28; mixed h»n W<
Butterfat—46c. ~
re be blown; the mastiff-mouth.
(’aturpillarb, and ( ,'ombii.e \
t'nroit’if etoord:—J have not trnced
Eggs--Ranch, 27011c.
.♦
«•«uh of silent Berwerkor-rage, that
(»rin ing..O« x-ncetx lune-aiid j
Hogs— Top hogs, $14.86.
fwtnemiNkr of, in any other mnn.—
Cattle Cholea steer», $6.26<ÿfi,00
|
Cheese—Washington . creain 5 b0ct ,i
lie; Washington* tripletei 16^2^1
616 East Second St
Secretary Work to Go on Official Trip.
Giris with nnttirnl |*»iirh-toloom com- ;
plexi/m» who «-rlfiriz* ibrir willow gfo.
tors for rouging Mrp poor,sports—sny- 1
body <vuld win with a strsight flush. *
Norfolk Virginia Pilot,
4
Washington
nxton Young Amérloa,
Awarloa, ¿Igllt
2i 012c
•pokan«.
Hogs- primé mixed, $11.76014.00.,
Cattle— Prims gtssrs, HO$40.
i
Also 16-7 . Thomas hoe drill, $60.
. F. W. Hutchcroft, phone 2F24,
Moro.
,
2tml8
-BABY CHICKS from farm flock of
Buff Orpingtons. $18 per 100. Mrs.
A. H
Met premiums rsosive« «ur­
in« th* y«*r ........................... I
Interest dividend« and rents
Incom«
source*
rec«iv«d during th* y«*r
•,114 67
» the year..........
md aalaries paid
20,000 00
491.000 47
Watch Inspector for the
O. W. R. & N. Co.
Jewelry and Watch Repair*
in^ ¿iven special attention
The Dalles, Oregon
WHEN
IN THE DALLES
m6tf
Why Ha Io a Fool
109,482.65
The fool doth think he is wtoa.
Shakespeare.
Total Ineom«........... .. ...........
li.Tss.oeorr
IMabur*
Nat loss«« paid during I
y «ar Including adjbstmi
HP*
ild on capital* •88.183 80
Divide!
durnt
Tax«« U<
during
Barnum, Moro Ore.
JEWELER
Royal Cafe
UTNOP8I8 OF THE ANNUAL 8TATB-
MBNT OF THB
Fire Insur-
pany
Globe & Ru
ance
Open Day and Might
of NSU ------- -----
----------------- --------
on the thirty-first day of December. 1924,
made to the Insurance CommlMloner of
the 8tat« of Oregon, pursuant to law: _ '
other «spendi.
Total expenditure«
Bills reeeivatols ..........
91A78
Value of stocks and bonds
owned (market vaine) ... 2.1M.4TY««
Premium« In ceurse of coll«c
JletMemnoe
Amount of capital stock paid
up ...........................
88.500.000 06
»L883.941 78
oi
recoverable
, i*s th* year............................. 128.973,7855«
,Int«r«*t, dividend« and r*nto *•
roe«iv«d during the year.. X595,886.39
‘Ineom« from other source*
«
r«c«iv«d during th« yo*r.. 1.490,975 84
Total incoms ........................ »8X160,647 59^'
Disbunem«ato.
Net loeeee paid durlag the
_
year including «djuau, -nt
exp*asaa T"T.................... »26,024,899 11
Dividend* p*id on c*pitol
340,000.00
■tock during th« y«*r....
CommlMiona and **l*rl««
p*ld during th« y**r..... 7, 414,370 17
2a, Mao«
913.53
To)*! »dmitte« wti ... 82.7M.78e 8|
> UaMmito.
Amount uf unearned pre-
miums on all outstanding
rtah«................... ....................... 1.669.840 80
Das for sommiasion and brok­
erage ...... ...................
r
5.080.00
All other liabilities...................
48.500 00
Total UaMlitles. «xclusiv« of
capital stock ............. 81.951.141.8o
Net premium« received during
- th* yMT ....................... .................... 818,955 la
Ixtaaw
during the year.. .. 10,121.01
b<M*M raeurrad daring th« y«ar 6.570 0;
COMMERCIAL UNION FIRE INSUR-
ANCB COMPANY.
WHITNEY PAUACHB. Pr«ald«nt.
Statutory re«ld«nt attorney for «ervlce,
ln«ar*M* CommlMloner, Salem.
J. C. 9RIFFITH8 JR..
Manager Pacific Dept.
SYNOPSIS OF THB ANNUAL STATE­
MENT OF THB
The Prudential Insurance
Company of America
of N«W*rk, in th* State of Naw^'Jaraey,
on (n* |l*t day of D*c*mber, 1924, made
to th* Insurance CommiMloner of the
Stat* of Orvson. pursuant to la*:
• Capitol.
Amouat of capital stock
pal« up ................
8X000.000 09
1.038,181 84
Total expenditure«
»30,018,009 27
Reinsurance recoverable on
•2,812 21
paid lo««e« ..........................|
Value of stock« and bond«
owned (market value)....
Loan* on mortgage« and col-
502160.00
tlateral, etc......................................
Caah in banka and on hand. 1,839,579.54
Premium« in course of col-
I lection writton aince 8ep-
। tember 80. 1924........................ 8,848,020.24
'interest and rent« due and
348,534.10
accrued . ........... ..............
Total «xpenditures......... »
*>
J. Assets.
Value of stocks, gusran-
te«d
mortgage
note»
and bonds owned (mar­
ket or amortised value.
Beads havs been valued
on the amortisation
460.000 <K)
58,080,104.62
6,746,242.38
10,475,297.05
198.397,800.85
14.656.189.46
<
549,481,818.71
508,03 7,35 7 60
7 0,640,141.77
U. loans .
id, 240.788.84
icpliMcteâ and d«-
1. premium*,.
15 *nd r«nto du*
ita (net)
20.520,981.16
1X886.318.48
484,720.12
Total adm/ttod **aeta^.8Xl>d;348.2«1.09
< ”
b ' nsMIIMsa,
11,978,479,514.00
. To»«««
,
..
7U10.838.56
20)628,534.00
-«ft«-
All other liabilities.........
Surplus ................................ .
,
**
17)788.992.87
, 281290,121.52
45,050,758. «4
Total liabilities. sxcli
si ve of capital stock
^f »82 OOO.ÖoO................ 81.194,848,281.00
....................... «747,057 62
ti«*»«« r«-
War............ t 96,852.71
In«., HgSWXS
183,758.18
TUB PRUPBNTIAL INSURANCB COM-
F*NY OF AMERICA.
EDWARD D. DUFFIELD. President.
WILLA HD I. HAMILTON.
Vlc*-Pre»ldent «nd H«er«tary.
DAVID- B, WIMON.
Statutory R*ald«nt Attorney for S«rvlo«.
pur«u»nt to th* provolone *f ehaptor 99
«( th« Law* of ,N«w J«r**y for th« ye*r
to AtMtoB Col**t*,
4 +41-4*+' l -+4" M-M Mi l I i I I I
I
CRANDALL
UNDERTAKING
COMPANY
THE DALLES. OREGON
Sam Brisbine, Agent
Total llabll I tie«, sxcluslve
of capital «tock ......... 837,344,070.14
Moro. Oregon
.Net premiums received during
•
' the year ....................................... ¿>»8.291.15
'Losses paid during the year. . . 218,909.04
Losses Incurred ' during ths
year .................................................... 189.679 45
4 4- H I- I-»* I ! I I ! i i l I I H I I I I I i ‘
SYNOPSIS OF THE ANNUAL STATE­
MENT OF THE
40,487,714.26
Sherman County Headqusr era
Total admitted assets.. 800,654,708.06
IJabUitim.
Groa« claim« for lo»«e« i un-
...8 0.433.157 00
lount of unearned prem-
,11 outstanding
I -lumi on
nan« ................................. . ... 20,280,922.14
Due for commission and
700.000 00
I broker*«» ..................... . . . .
(AH other -liabilities ... .... 9,730,00000
S 350.099,726.83
8X247,944X59
The Dalles’ Newest and Beat
Hostelry ,
CENTRALLY LOCATED
f
GU)BE 8 WTCERH FIRE INSURANCE
COMPANY.
E. C JAMESON. President
J. H, MULVEHILL, Secretary.
JOHN H. BURGAHD, Portland, Or..
Statutory Resident Attorney for Service.
Paid for losses, endow-
ments, annuities and
surreodar values .......
Dividends paid to policy-
holders during the year
Dividends paid on capital
stock daring ths year..
Commissions and salaries
paid during th« year
and fees for inspection
of risks including medi-
pal Ises................... ..
Taxes.. licensss and t—o
paid during the veer...
Amount at all other ex-
»»«ndlture« ......................
Formerly the Albert
500,818 65
.................
dltur««
Total
premium
income
280.8d2.45« 66
for the year .................. »
Intereat, dividends and
rents received during
55,151,886.95
the year .........................
Income from other sources
received during the year
5,685,282 72
Total income
Bank Hotel
! Minnesota Implement Mutual
Fire Insurance Company
of 129 East Hroudway, Owatonna, In the
State of Mlnneaot*. on the 81«t day of
December, 14)24, made to the Insurance
Commiuloner of the State of Oregon,
purauant to law:
Capital.
*
Amount of capital «tock paid
pp, none. A mutual com­
pany ............................................................... ..
locoma
Net premiums received dur-
ing the year.......................... I 8X194.007.75,
Interest, dividend« and rente i
85,715.88
received during the year. .
Income from other sources i
80.206.7^
received during the year...
SS<
Total Income ............................. 12,310,010
I
DiabursMnemto.
Nat losses paid during the
year, including adjustment
825,422 62
expense« ....................................I
Dividends paid to policyhold­
907.455.72
ers . ............................................
Commissions and salaries paid
24X739.85
during tne year ................
Taxes, licenses and fees paid
84,187.88
during' tbe year .................
I
Amount of all other expendl-
158,835.95*
---------------- 1
Total expenditure« ............... 82,168,091.47]
FOR SAU
BY
Sherman Electric Co
I NEW HOTEL PERKINS
A
£. Myar«, Proprietor
♦ FIFTH AND WASHINGTON STS?
4
PORTLAND. OREGON !
A ••<<«.
Value of real estate o^rned
272,282 54
(market value) .......1....
Value bonds owned (market
808,188.00
value) .................................... •
Loans on mortgages and col­
438,730.88
lateral. etc.........................
..
18», 784. 34
Cash In banks and on hand. .
Premiums In course of col­
lection written since Sep­
289,040.97^
tember 80. 1924..............
Intereet and rents due and
81,882. OS'
accrued.....................................
82,718.18
Miscellaneous assets .................
Total admitted assets.......... I 82,002. sox is
IXabUities.
Gross claims for losses un-
I 106,206
P*‘d.....................
.. 52
.............. ..
Amount of unearnod premi­
ums on all outstanding
risks.... « a •« d
119,28081
All other itabilitles........
Total liabilities, exclusive
of surplus of 4517,878.88.. 81,87X128.82
Net premium« received dur
Losaos
incurred
during
the
19,819 04
2X 784.7^
28,100.8«
MINNBROTA
IMFUUdKYT 1 MUTUAL
--------
FIKE IN8UBANCB COMPANY.
F. J. LAKE, President.
C. I. RUXTON. Secretary.
HUBERT H. MARTIN. Board of Trade
Bldg.. Portland. Or., Statutiwry resident
•tier*«/ for mrvlo«.
Renovated Throughout
SPECIAL RATES I
Room with privilege of b«th, «ingle/
$1.00 up; double $1.50 up
Room with private bath, «ingle $1.50^
up; double $2.50 up.
।