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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (May 14, 1935)
PAGE EIGHT MEDFORD MAIL TRIBUNE, BEDFORD, OREGON. TUESDAY. MAT 14. 1935, LIFE INSURANCE ;e Assets of Insurance Com panies Increased Each Year of Depression 10 Per Cent Boost in 1934 A algnlllcant featura of the per formance of th. Wa ln.uranca com oanlea of th. United State. In the f.at year U the f-t that bualnea. written in 1034 showed an lncre.ee nf 10 per cent over the total for IBM. Thl. th. flrat jer .Inc. 1029 that life lnaurance ele in ereaaed over the preceding year, .alea Thl. upturn la Interpreted a. r u'mibi. '""-t'n th,t reco7ery U being accelerated. ..,. Th. recent hlatory of life In.ur ,nLthat I., during th. flv. yea of th. deprea.lon-1. p.rtlcu arly lumln.tlng. During thl. period, the people of the United ale. purch.d nv.j.on than 16 hllllon dollar, of new fe ln.ur.nce protection every year. Dur ng th. year. 1930-34 .nclu.lve. more than 13 billion dollar. wa. dlsulb uted by th. Inauranc. companlea to policy holder. nd beneflclarlea. .n ' average of .bout ,2.700.000.000 per ,Z The figure, becom. even more algnlflc.nt when It 1. con.ld ed that th. total life ln.ur.nc. payment, during the five-year period were equal to about one-tenth of .11 w.ge. paid out. and were .ever. th totsl of all times grcawi - - Kovernment.1 relief expenditure, for the period. During 1934, the life Insurance payments to living policy holders in the form of endowments, annuities, dividend, surrender values and dis ability payment were almost twice as irreat aa benefits paid under death claims. , The peoP1 of the Unlt,,d 8tat" hare taken advantage of life insur ance protection to the extent of 98 billion dollars face value of policies In force. And through thetr various forms of policies, the companlea have contact with about one-half the totsl American population. The life Insurance companies of the United States had total admitted assets aggregating an estimated total of $21,800,000,000 at the end of 1B34. These assets have Increased during ach year nf the depression and show a total gain of more than 4,000.000, 000 alnee 1029. Total admitted assets (all U. 8. life Insurance companies) aa of De cember 31 of each year: 1029 H7.4B2.3O9.0OO 1(130 18B79.flll.OO0 ion 20 lfSfl.Q40.000 19:2 - - 30.7M.1 12,000 1033 30.808, 7J0.UOU J0J14 a.. 21.800,000.000 Kstlmated. Educational Insurance. Life Insurance can be utilized in a form to provide ftmds for the edu cation of children. By affording a safe, easy plan of financing, life In surance in this manner aids fami lies In preparing their children to cope with biislnefts conditions which have become Increasingly competi tive In rrcrnt years. According to a study made several years ago. the following conclusions hare been drawn from "Who's Who In America" coiicernlii; distinguished men of America and their educa tions! backgrounds: Of 5 000.000 with no schooling, only 31 attained dis tinction. With elementary schooling. 808 out nf 33.000.000 attained dis tinction. Out of 2.000.000 with high school educations. 1345 attained dis tinction. With college educations, out of 1.000.000. f7fl8 attained dis tinction. Thee figures demonstrate that the child with no schooling has one chance In ISO .000 of per forming distinguished service. An elementary education gives mm tour time thAt chance. With a hign school education he has 87 times the chance. With a college edwa tlon he has 800 times th chance. The value In dollnn. and cents of a college education la shown in a re port compiled by the Mnjwschu setts WHEN QUIVERING NERVES WON'T LET YOU SLEEP Doesn't the niht rcm an eter nity? You toss and turn-try ta find a cool spot on the pillow hear thcclock strike downstairs; Today's ex citement and tomorrow's worry are beat ing through your brain. Von count sheep frantically but outraged nerves refuse to relax. Take tydia F. Pinkhanl'l Vcjte tahle Compound regularly for a while. If quiets quivering nerve induces restlul sleep makes life a little easier. fit Seemed As II Morning Would Never Coma" urn Mrs. fmmi G. llau helder of 32 Heard .Sr., Chelsea, Manachu sens. "1 was so nervous I could not Eet to sleep. My husband works ard at engineering and needs his sleep but 1 kept him awake too. I heard about the Vegetable Com pound and tried if. Now I sleep bet .er than I e'er have and I feel tine." Get a bottle from your druggist fVOir. Results will please you. This Is Life Insurance Week IjSENIOR THESPIANS J'VILLE HIGHWAY wmmmmmm lFACE footlights again is scene of Simm WEDNESDAY NIGHT SE1USACCI0ENT m-' l' ' "'sj .' ' yS,h'f'iil 'fo'jffi'X&i "It wo. only the third or fourth (Continued from Page One) JB ' i' (-: '' ' l'' ' . ' TrrT time I met you that aomethlng came ttT ':.; .v'". jfifififfljBL'S' $ $r'Q h ' me and I wanted to lire a high ill "L'-APKs'V'"' otbV'M- " ,""n Luc"n 8mltn M V8r--:-Sr4 s'AS&fAiJiM!gk' vsfel&Zf.Sf. '.. Bobby Wheeler. In hla dramatic love M "X-f M&Tl!11 pureuKl " BIS ':"..,,, i AAlJt TSn 'Ufi-&r:.'f,Z Wheeler family, played by Sltaa Mll- 0 I '-V-XCl..-"-:W I 'LJjjjZi!,7.fo !l"d Dnwy. In the Benlor Claaa play if . .'' ""-"yAK, "Clarence." to be presented In the department of labor and Industry. The man who Is untrained, the report shows, starts to earn his liv ing at the ro of 14. His maximum Income Is reached at the age of 30. an averane of less than I200 a year. Since hla Income Is largely dependent upon brawn rather than brain. It falls off at the age of 80 or enrller, to s level below that of self-support. Tills man's life earnings amount to approximately $45,000. Not more than 2000 of this was earned during the four years that would have given him a high school education. The high school graduate goes to work at the age of 18. passes the maximum of approximately $2200 a year at the age of 40 and continues on that level for the remainder of his active life. Hla life earnings amount to about $78,000 between the ages of IB and AO. A trained man with a high school education earns $33,000 more than the man with out a high school education. The college graduate, on the other hand, begins hi permanent earnings at the age of 22. althouRh many col lege men earn more during college days than Is being earned by un trained workers at the same. age. By the time he reaches the ae of 2U his Income equals that of a high school graduate at 40, and It con tinue o rlnw steadily without a break. He has accomplished In aix yenra what It has taken the hlgn school graduate 22 years to accom plish. Since his Income Is determined by mental ability It Increases with practice. His total earnings between the age of 22 and 00 amount to $180,000. The $72,000 that he earned above the high school graduate represents the cash value of a col lege education. Providing for Dependents, The primary function of life In airanoe la to provide for dependents when the Insured dies. Tlmt the average man bequeaths very little. aside from his life Insurance. If any, to meet family living expenses, taxi, etc.. Is Indicated by figures gathered several years nro by the federal trade commission When It van making a survey of our national wealth. The records of the probate courts of J4 "sample" ronntlr throuehout the United States were searched to se Just what the average individual leaves to his heirs, the records cov ering a period of twelve years. The Investigators found that while 43, M2 estates were recorded, there were abotit 141.466 estates In these coun ties worth s? little that they were not even probated . These estates, comprising 70.5 per cent of the total examined, had an arerage value of only $258. A study of the estates probated re veals that 11 persons out of 100 be queath to their heirs less than $500; ten leave from $500 to $1000; twenty from $1000 to $2500; and eighteen from $2500 to $5000: about fifteen out of one hundred will leave es tates valued from $5000 to $10,000; another fifteen will leave from $10, 000 to $25,000, and between five and six will leave estates from $25,000 to $50,000. The study Indicated that about one per cent of the estimated num ber of descendents owned about 80 per cent of the estimated wealth. More than 60 per cent of the wealth was owned by about 13 per cent of the descendents. The average value for all estates was $3800 but nine out of every ten had estates amount ing to less than this figure. The estates of the very wealthy brought the average up to this level. EX- 10 HEAR PROBATION Orantlng.of probation to S. O. (Count! Sollnsky, former 1 superin tendent of Crater Lake National park, under a two-year sentence at McNeil's Island prison, on conviction of mls-appllcatlon of park funds; T. L. Davidson, former construction superintendent, under an eight month's sentence, and A. R, Fdwln, former chief clerk at the park under a 11 months' sentence, will be de termined next Saturday by Federal Judge J. Alger Fee. In federal court. This word has been received bv At torney George M. Roberts of thla cltv. counsel for Sollnsky. Soiinnky was found guilty by a MODERN WOMEN Ntd Not Safer monthly pta and delay du to Ki,MrTtiUttui,up(itforMiiillftr mum. Chi-crriwtwa Diamond Hi And lilla &ra0tclira "TH1 DIAMOND J BRAND" i - Mrs. Batchddcx . . . the line that sets air-travel standards! k .lnt .is its co.ist-to-coiist airway the famous "Mid-Con-tini-nt Route" was the first and today is the standard by w hich air routes are judged, so I nited Air Lines sets the pace in many ways. In Hving coin forts, including flight at comfortable altitudes; in speed and lrrcuency of schedules; in leadership in the de velopment of scientific air navigation; in trained personnel aloft and on the ground, including its popular stewardess service, I nited has shown the way . . . All pvd reasons why it carries more passengers than anv airline in the world. With 9 years and SO.IKIO.OOU miles of flying experience to its credit, more than any other airline in the wurld, I 'nited has definitely established its leadership! PORTLAND IS HS JtHlIl i, SAN IMNCISC0. 10S ANCILIS III JUST A FtW HAS. (AS! to UST) Si litem rotiuNi? UK Aft ((US ...jzZ sjui on M ontorf """"""KUHimroN TICKI T Oi l ICt: Ml'NlCtPAl. AlRrOKT, THONE Z UNITED AIR LINES It was only th third or fourth time 1 met you that something oame over me and I wanted to live a high er life. quoting Luclen Smith as Bobby Wheeler, In his dramatic love soens with the matronly Violet, muchly pursued gorometss of the Wheeler family, played by Mls Mil dred Drury, In the Senior Class play "Clarence." to be presented In the htah school auditorium tomorro- evening. Bobby Is a seventeen year old, self styled Casanova, who drops in and out of love with alternating acts. A dress rehearssl met with the ap proval of technical advisors and fac ulty members last night. All four act were completed with the two change of scenery. Properties for the entire play hare now been assembled Into two very attractive stage aets. Booth Tarkington has Injected Into this comedy, a smooth running, clev er dialogue that makes tt & rollicking, light, love story. The whole plot re volves around a rather mysterious Individual called Clarence, a recently discharged soldier. Dolph Janes car ries this role In a most pleasing man ner. Verne Campbell as Mr. Wheeler, a tired business man, proceed to steal many scenes In his ravings over hi slightly love-sick family. Donald Orey. Dinwiddle the butler, bears a slight resemblance to Charles Laugh ton and turns In a nice performance as the rambling servant. Betty Thorndyke. as the babbling love-sick Cora, finds ample oppor tunity to express her talent In the dramatic field. Other members of the cast are Betty Dynan. Patricia Young. Robert Young. Betty Vllm. and M'l dred Drury. Down town ticket sales will be I started today with a general admls- elon price set at a low price. Up to the present time, ticket sales Indi cate a large attendance. federal court Jury, on 14 counts of an Indictment charging mls-appllcatlon of park funds. At th time ot sentencing the trio the court an nounced It would take two weeks to study the question of grsntlng pro bation. Besides the federal prison term. Sollnsky was fined 2500. Edwin and Davidson entered pleas of guilty, testified for the govern ment at the trial, and probation was recommended by the United States district attorney. .The court an nounced It would extend leniency to all or none. Friends of Sollnsky In this city, according to Attorney Roberta, have dlapatched letters the past week, re questing probation for him, on the ground that he did not profit from the technical errors, and citing his reputation and long service. The pleas have not taken the form of petitions. All three men are well known here. thorough Investigation. atat police said today the Jones car was com Ing toward Medford, and attempted to overtake and pass a car going in the same direction. As Jones turned out and drew alongside, he said he found, himself directly In the path of the oncoming VanOalder car. which was traveling toward Jacksonville. Pays nrake Failed. Jones attempted to stop, he said, according to police,' but his brakes failed. In trying to avoid the on coming machine he swerved to the left, trying to dodge Into a driveway, but his car was caught in the side as it turned and was knocked into the ditch. The Jones car was badly dam aged on the side. The front of Van Gnlder's car, a Ford pickup, was de molished. The name of the driver of the third car, which was not Implicated in the wreck, was not reported to the police. Neither of the drivers was being held on traffic charges today, but state police were continuing their investigation. They aaid the Jones car was so badly dsr"ged tt was Impossible to determine whether or not the brakes were faulty. Van Galder, dazed by the accident, said he did not see the Jones auto until It was directly In front of him. Both cars were said to have been travel ing comparatively fast. The party from Jacksonville were returning home after a fishing trip, and the group In the Grants Pass car. which was registered In Trotter's name, was en route to this city. J'ville Grange Sponsors Dance The Jacksonville Orsnge will soon aor a dance for the benefit of the Jacksonville Boy Scouts Friday night. May 17, In the old court house, ac cording to announcement. Proceed from the dance will be used to dafray expense of the Jack sonville Boy Scout delegate to the na tional conclave. A five piece orchestra will furnish syncopation, and re freshment will be served. Schilling It's exquisite flaxvr neirr freezes out of DESSERTS piiiMWHU Li . ..Vlimi.i'iiuipauai.a If '0 4- . a . - m ... -W , la.. - " . Xx X ou may any, Tf I have all the rTfngrmticm I need, what advan tage is there in a stTptm?' Look at it this way. The Norge is powered to chill foods and to freeze ice in tropical temperatiirr. It has hem provrd time and time again. Think then how smoothly and easily it wi'J do its work under veratf conditions! Think how little current it will require to al ways give absolutely dependable cold! Wtth Ntwge, you have unfail ing cold at very low cost. And that means that you save at the mar ket as well as at home. You buy in bargain quantities save that way. You take full advantage of every special sale of foods buy all your perishable foods at sale prices if vou like. Left -overs become a saving instead of a wasr. In short, Norge gives you a buy ing advantage a chance to sart every time you maikeC Owners report saving up to $11 a month. In Get bD the facts about KolUtof Refrigeration before you select your refrigerator. See the Norg before you buy. NORGE D I V I S I 0 N Borg Warner Corp., Detroit, Mich THE ROLLATOR COM PRESSOR. ..rmott K cut. rolling fnurr fofutei mrtrr rtiii w r cmr rmt Qnh Vye A! R Butterick & Vogue Patterns em o val SALE NOW IN PROGRESS Again we remind you . . . this i Mann's long await ed removal sale! Here is a partial listing of what you may expect to find. Exciting new fashions in apparel, fabrics and accessories. And as you will note, prices, that simply cannot be over-emphasized Removal Sale of Spring Coats Suits During this sensational re moval sale you can buy our regular 912.50 Coats and Suits for $7.95, and our regular 18.00 Coats and Stilts for 812.50. Coats In the popular Swatter and Half Belt styles and Suits In smart Bl-Swlnsr and Pinch Back models: light and dark shades Including navy blue. $12.50 and $18. VALUES $795 $i 750 7 MAIN 7L00R I Sale of ROLLINS Knee Length HOSIERY Tne Hosiery for Summerl Rollins knee lengths in regular Rollins chiffon weight with Lastex top. A semi fsfhloned pure Mlk stocking In both light and dark shades. Regular 59c pair. 49 pr. 50-inch Drapery Linens In the drapery section . . . New 50-Inch Printed Linen., the drap ery fabric sitpveme for Summer and at this price you can even put linen drapes in the cottage. Oood assortment of colorfil patterns. 50 Regular 89c Quality RAYON & SILK PRINTS A wonderful removal aaie value In Summer dress nate-in.5 ?9 inch Ray n Prints and Piik prints in a varied d'plBy of colorful do:?, plaidn and florals $1.00 Quality 8 Or Novel Costume Jewelry Novel shapes and unusual combinations are features oi 1935"a Bone Jewelry. Women who appreciate ensembles will like the way these smart Brace lets. Clips and Necklaces har monize or contrast the sports or street costume. All the new est shades to .elect from. $100 Colonial Dames Special Akk the girl In the Toiletries sec tion to tell you all about "Colonial Dames" Beautlfler. This Important Item Tor your dressing table pro tects your skin Irom severe Sum mer sun and wind and Is Ideal aa a make-up foundation. Three Sizes 65c $l. $2. YARNS Removal Sale Specials on Lovely Silks & Wools Bern&ts, Kool Knit Yarn In a grand selection of shades to select from. 120 yards to the ball. Shanghai-Shag, a beaut i ful all silk yarn a wash able, colorful yarn. 1 00 yards to ball Bernat's famous Boucle de La-lne, a grand yarn that comes In all colors. 300 yard balls Bernat's fine Brae Burn T v e e d a that, comes in I-07. balls. All shades 251 75' 45, Bernat's popu lar York shire Worsted Yarns. 170 ysrd balls, all shades. 40, mi M Yarns Main Floor Baby Boy Suits A removal sale of small Boys 1 to S year size Broadcloth Suit. Tiese are In short sleeve styles and com In various colors. Baby Shop, Main Floor. $1.19 n Value U7C Ik SECOND Jgi A FLOOR Dainty Bits of RAYON UNDERWEAR ON SALE A btj removal sale ap'v.u' on Women's and Mlfes' Ray.r. Und.cs consisting of shorts, sfp.ns and e'oemera Alt cood s.y5 nd f'-ne quality. Values up to Be 29 Cgar. E. J. FELDMAN 1 ! Wliito Sowing Machine Co. 500 Yards of Curtain Scrim Extri special tomorrow in the Curtain Section. 500 yards of 36 to 45 inch Dotted and Striped Curtain Scrims for onlv Regular 18c Quality nits wont ASSfNGfs than any oth f i iiNE in THt woio 04 North Bartlett. Fhouc 937 J , 12' vd.
