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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (June 8, 1943)
PAGE SIX HERALD AND NEWS, KLAMATH FALLS. OREGON June 8, 1048 ManJzeil and fyinxzncdal PROFIT - TAKING GIVES MARKET LIGHT DRUBBING By VICTOR EUBANK NEW YORK, June 8 VP) Stocks underwent another mod' crate drubbing from profit-tak erg in today's market although most lowers put up a fairly re spectable defensive .battle. Further slipping tendencies were evident at the start. At the worst minus signs ran to 2 points or so. Offerings never were un duly pressing and, with dealings slow at intervals, a little sup port arrived after mid-day. Transfers were around 1,100,000 shares. Excuses for cashing In on the -long forward swing varied. Cited were: The desire to trim com mitments in preparation for the expected all-out European inva sion; skepticism over tax and la bor outlooks, and doubts regard ing the confused situation in the Argentine. On the offside most of the day were U. S. Steel, Bethlehem, Chrysler, General Motors, Santa Fe, Southern Pacific, Great Northern, Morris & Essex, Good rich, Western Union, Montgom ery Ward, J. I. Case, Douglas Aircraft, United Aircraft, Ken necott, Cerro de Pasco, DuPont Closing quotations: - American Can .'. 861 Am Car & Fdy . 421 Am Tel & Tel ..155I Anaconda Calif Packing .... Cat Tractor .. Comm'nw'ltli & Sou General Electric ; General Motors Gt Nor Ry pfd Illinois Central u Int Harvester Kennecott Lockheed .: Long-Bell "A" Montgomery Ward Nash-Kelv N V Central , Northern Pacific Pac Gas St El ... Packard Motor J. C. Penney 28 271 48 1 38 541 31! i4a 691 311 211 91 471 148 181 151 281 43 891 293 171 111 42a 77 271 7! 61 9 20 99 551 14 Penna R R Republic Steel .. Richfield Oil ......... Safeway Stores Sears Roebuck ... Southern Pacific Standard Brands ... Sunshine Mining Trans-America Union Oil Calif i Union Pacific .... U S Steel ..:....., Warner Pictures ............. LEGAL NOTICES NOTICE INVITING BIDS '--The Common Council of the City of Klamath Tails',' Oregon, will receive separate, sealed bids for the fiscal year, . beginning July 1st, 1943, to June 30th, 1944, inclusive at the Police Judge's . Office in the City Hall, up to and Including 5 o'clock P. M., June 81st, 1943, on-the following: 1. Requirements for the fiscal year of approximately 30,000 gallons of standard gasoline and approximately 500 gallons motor oil, oil to be delivered in barrels and gasoline in tank truck de liveries to the City Garage and the City'Fire Station as needed. 2. The yearly servicing of city ffice equipment for the fiscal rear, July 1st, 1943 to June 10th, 1944, consisting of: 12 Typewriters 2 Marchant calculators 1 Allen Wales adding ma chine 1 Sundstrand adding ma chine , 1 Dalton adding machine (Bids to include services only, nd needed parts will be paid for separately). 3. The City's requirements for the fiscal year for electric light .lobes, to be taken by the City as needed from time to time. 4. Prisoners' meals for the fis cal year. All bids must include menu for one week. The City reserves the right to have the meals taken at the successful bidder's place, of business or de livered to the City Jail. The Common Council reserves the right to reject any arid all bids on the above equipment and supplies, and each bid will be awarded to the most satisfactory bidder. H. T. FRANEY, -Police Judge J 8-15 No. 252. Friendly . Helpfulness. To Every Creed and Purse Ward's Klamath . Funeral Home Mrs. A. A. Ward, owner Wlllard Ward, U. S. Navy, ' Manager -Arthur W. Larstn. Acting; Mar. MS High Phone 3334 CHICAGO, June 8 Trad ing in grain futures was dull to day and price changes were held to narrow limits as most in terests apparently' withdrew to await developments on price ceilings and announcement of the loan rates on 1943 crops. Oats showed Independent strength most of the session, but wheat was generally lower while rye fluctuated above and below the previous close. Trading was light in aU pits. At the close wheat was 1 low er to 1 higher than Monday's final quotations, July $1,441, September $1.45; rye was un changed to 1 cents up, July 958 I, September 971-1; oats ad vanced 1 to 1 cent and corn was unchanged at ceiling bids. Poiaioes CHICAGO, June 8 (AP-USDA) Arrivals 42, on track 68; total US shipments 680; supplies very light, demand good and exceeds available supplies; market firm to slightly stronger; California Long Whites 100 lb. sack com m e r c i a 1 s $4.10-25; Louisiana Bliss Triumphs victory grade $3.85-$4.00; Missouri Bliss Tri umphs victory grade $3. SO. LIVESTOCK SAN FRANCISCO. June 8 (AP-USDA) Cattle: 100. Fully steady; half load fat 1200 lb. grass steers $14.75, package 1037 lb. medium feeders $13.50; med ium to good heifers and range cows absent, odd head $11.00- 12.00, common to medium range cows $9.50-10.50, common to medium bulls $9.00-11.00. Cal ves 25. Steady, mostly cull to common $9.00-11.00. Hogs: 100. Mostly 10-20 cents higher; late yesterday and today, few lots good 200-220 lb. bar rows and gilts $14.60; odd good sows $13.25. Sheep: 1000. Steady: odd lots good lambs $14.00-14.50, com mon $11.00, deck shorn 84 lb. lambs $13.25 light sort; package good ewes $6.00. CHICAGO, June 8 (AP-USDA) Salable hogs 22,000; total 40,000; opened 10-15 lower than Mon day's average; later trade slow, 20-36 off; top $14.25; bulk good ana cnoice 1BO-38U lb. $14.00-25; most good and choice 150-180 lb. ij.zd-?.14.uu; bulk good 360-550 lb. sows $13.75-514.00. Salable sheep 1000; total 4500; fat lambs fairly active, steady to strong; top clipped lambs $15.00; one load with No. 2 skins $14.75 with 70 head out; odd lots wooled lambs $16.00: small ndrf lots good to choice native spring iamDs 13.du-sib.uu with throw outs downward tn si4nn- lots slaughter yearlings $13.75- io.uu; two year old clipped ewes at $10.50; sheep about sieaay; scattered lots shorn na tive ewes $8.00 down Salable cattle 7500; salable calves 1000; fed steers and year lings strong to shade higher than Monday's average market; bulk $14.50-$16.25; prospective top around $17.25: stock catttn ' an. tive; replacement buyers com- peung witn killers on light steers selling at $15.50 down ward: heifers firm- rhnina prime offerings $16.90; bulk $14.oo-$15.75; cow run again acutely small: market cutters $10.50 down; strictly good beef cows to $14.00; add head $14.50. It is China's wish tn hmm a modern, democratic country, to develop her industrial life, to bring about a Chinese culture, and to enoy true independence and liberty. Catholic Bishop Yu Pin. It would be nice if being snowed under with work would keep ui cool during the hot days. A flea can jump a distance of seven feet, although its legs are only one-twentieth of an inch long. Classified Ads Bring Results. AUTO DRIVERS Have you complied with the new financial re sponsibility law? Is your driver's license pro tected? Our Public Liability and Property Dam- . age Policies meet the requirements of the new law, effective June 9. Redman Insurance Agency 111 So. 8th St. Rationing Calendar War Price and Rationing Board, 434 Main street Officii hours dally, 10:30 a. m. to 5:00 p. m.t Saturday, 10:30 a. m. to 4:00 p. m. Phone 5322 for tires, sugar, food and general Information. Phone 6050 for fuel oil, gaso line, Mr. Moe. RATION BOOK NO. 3 June 10 Deadline for mail ing application blanks used in obtaining new ration book No. 3. These applications now in process of being distributed to the public by mall. RATION BOOK NO. 2 June 30 Expiration date of red stamps J, K, L and M. Validation dates of stamps as follows: Redytamp M pate valid Kiplrea May 1 Juot M May SO June SO JUQe 0 Juna M) IS - June SO -June SO Juna SO July 7 Blue stamps K, L and M for processed foods expire. SUGAR August 15 Stamp No. 13, good for five pounds, expires at midnight. October 31 Stamps num ber 15 and 16, good for 5 pounds of sugar each for home canning purposes only, ex pire. COFFEE June 30 Stamp No. 24, war ration book No. 1 of book holders 14 years of age or over, good for 1 pound of cof fee, expires at midnight. GASOLINE July 21 No. 6 stamps, in "A" book, each good for four gallons, expire at midnight. SHOES June 15 Stamp No. 17, war ration book 1, valid for purchase of one pair of shoes, expires at midnight. Family stamps are interchangeable. FUEL OIL September 30 Fuel oil 5th period coupon expires. TIRES May 31 "C" book holders must have tires inspected by this date with at least 45 days elapsing since last in spection. June 30 "B" book holders must have tires inspected by this date with at least 60 days elapsing since last in spection. Sept. 30 "A" and "D" book holders must have tires inspected by this date with at least 90 days elapsing since last inspection. Hit ItBrig-. Gen. Harold L. Georce (above) Is comuunder of the Air Transport Command, whose activities include delivery of men and materials, urgently needed for prosecution of the war, to destinations in all parts of the world. Wonder if any of the real old folks have thought of turning in those "terrible tintypes" to the war cause. Walls of the White House are of gray Virginia sandstone, made dazzling white by the painter's brush. . Telephone S461 BfV: Am Direct Hit! Li Practice bomb from a Flying Fortress over New Guinea hits squarely on Its target an old derelict benched on a reef. This is a sample of what Japs in the South PaciBc can expect Strange Newcomer Greets Pete, the Pet Deer. When He Returns From Wandering By RUTH KING Pete is a black tail deer that has been raised at the home of Mr. and Mrs. George Rowdcn at Fish lake. For two consecutive winters he has taken leave when the first snows were drifting down over the high mountains. Two years ago Mrs. Rowdcn, whose husband is associated with the Medford irrigation dis trict, mourned loss of her pet, wondering as the snow deepened if Pete found plenty of browse. He had been used to a nibble of sugar, an occasional cracker and the run of the woods about the house for four years. He fraternized on moonlight nights with his wild friends, al ways returning each morning for his daily inspection of the house, his bell tinkling from room to room. The winter wore on and all ; hope of seeing him again fled. men spring mew in over the tall pines and one day word came that Pete was on the slopes above Upper Klamath lake. Mrs. Rowden went at once to the location where he had been seen and, after searching .for hours, heard his bell. Her call brought him loping to her side. She led him to a pick-up truck, loaded him in and once more he frolicked along the shores of Fish lake. Last November his . mistress went to Ashland for the winter. Two days later he again disap peared. In March the Rowdens trekked in over six miles of snow covered road. No bell or sharp stamping feet greeted their arrival and once again they gave up hope of see ing Pete. But, somewhere', perhaps be neath the overhanging branches of his pine bed, Pete felt the urge to go home and. a few days ago, he returned. This time, however, he found competition in the hearts of his family. Snug in a bassinette before the big living room fireplace was a new baby boy. . . ' The day was warm, the door Synopsis of Annual Statement of the Occidental Insurance Company of San Francisco, in tne state of California, on the thirty-first day of December, 1942. made to the Insuranco Commis sioner of the State of Oregon, pursuant to law: Capital Amount of capital stock paid up f 1.000.000.00 Income Net premiums received during the year S 1.053.077.70 Interest, dividends and rents received during the year 173.3U.1J Income from other sources received during the year 8,084.37 Total income 1 2,135,305.10 Dlibnrsements net losses paid during the year including adjust ment expenses 1,076,747.16 Commissions and salaries psld during the year 821 .396.06 Taxes, licenses and fees paid during the year 40,047.10 Dividends paid on capital stock during the vear 120.000.00 Amount of all other expen ditures 129,586.75 Total expenditures $ Admitted Assets value of real estate owned 1,606,630.17 None None 2,646,628.26 1,610,049.84 604,543.66 331,022.06 24,130.40 50,769.43 Loans on mortgages and Value of 'bonds owned I amnr,...,, Value of stock's '"owned (market value) Cash in banks and on hand Premiums in course of col- lei-uuai wruien since tep- Interest and' ren-j dua' anid accrued ,, Other assets (net) . Total admitted assets t 5,166,504.70 Gross claims for loaaea un. Paid . S 475.303.M Amount of unearned ;jre- miums On all outatanrilntf risks I.210.073M Due for commission "and brokerage- All other liabilities 750.00 -63,483.14 Tolsl liabilities, except jam iai f 1,767,610,26 Capital paid up t 1,000,000.00 Surplus over all liabilities 2,408,894.53 Surplus as regards policy holders 1 3,408694.83 Total ; 1 o.i6fl.50470 Business In Oregon for the Year Net premiums received during the year $ 81,339.88 Net losses paid during the t" - 23.309.30 Name of Company, Occidental In furance Company. Name oi President, Charles H, Page. Name, of Secretary, W. Stanley Pearce.- Statutory resident attorney for sarv oa. I. A. Valentine. . A was open and the sound of his stamping feet brought Mrs. Row den to the porch. There stood Pete, eager for a greeting. He mode minute inspection of the room, coming at last to the crib before the firo. Above the sleep ing child his soft muzzle quest ed, his mind searching for an answer. There will bo plenty of room in the hearts of the Rowden fam ily for their son and for Pete, too, but the family wonders how Pete will react to the situation, come another spring. Bug Watchers Say Cherry Fly Out CORVALLIS, June 8 . (ZD Bug wntchers, who have to be as faithful as airplane spotters, report the first of the cherry fruit flics, at the Oregon State college experiment station. Cher ry growers have been warned to attack with sprays or dust im mediately. Flies began emerging from the ground last weekend, S. C. Jones, entomologist, said. They begin laying eggs in about 10 days. The only way to protect cherries is to kill these flics before they lay their eggs, as the eggs are deposited under the cherry skin hence there is no chance to poi son the newly hatched larva as is done with apple worms. FREE WALLA WALLA. June 8 (Pi Herbert Allen, Spokane- mur derer serving a life sentence at Washington state prison, gained nis freedom Saturday by telling a newly employed guard that his work was outside the prison walls, penitentiary officials re vealed last night. The guard al lowed him outside without fur ther challenge, officials report ed. If both are pure, there la no difference in the sweetness of beet sugar and cane sugar. Synopsis of Annual Statement of tha Fireman's Fund Insurance Company of San Francisco, in the Ststa of Califor nia, on the thlrty.flrst dsy of Decem ber, 1942, made to the Insurance Com missioner of the Sun of Oregon, pur suant to law; Capital Amount of capital stock paid up 4 (,046,116.00 Income Net premiums received during the year 126,826,837.08 I n t e r e s t , dividends and rents received during the year 1,881,161.(1 Incomes from other sources received during the year 8,71(,833.S8 Total lncom ipfl.iM.SW.ll Disbursement Net lossei pi id during tha year Including adjuit- ment ex pens 916,460,352.60 Commissions and salaries paid during the year ... 7 ,001, M0. 13 Taxes, licenses and fees paid during the year ..- 936,118.44 Dividends paid on capital, stock during the year 1,187,036.00 Amount of all other expen ditures 3,367,290.83 Total expenditures $27,803,666.78 Admitted Assets t . Valua ot real estate owned 1 (market value) 8 2,073,838.91 Loans on mortgages and' collateral, etc. 478,726.10 Value of bonds owned (amortized) 17,235,480.01 Value of stocks owned (market value) 23,387,736.40 Cash In banks and on hand 8,444,003.77 Premiums In course of crl-. . t lection written since Sep tember 30, 1042 1,827,189,32 Interest and rents due and accrued 141,570.34 Other assets (net) , 1,360,205.21 Total admitted assets 854,077,649.06 Liabilities Gross claims for losses un paid 9 7,440,468.80 Amount of unearned pre miums on all outstanding - ' risks - 16,310,625.60 Due for commission and brokerage ......-... 12,760.00 All other liabilities 1,276,706.87 Total liabilities, except capital 925,040,631.36 Capital paid Up 9 6,046,816.00 Surplus over all liabilities 24,881,181.60 Surplus as regards policy holders .-$20 ,027,097.80 Total 854,077JM06 Business In Oregon for tb Year Net premiums recelvtd during the year .9 0O4,2M.53 Net loues paid during tha year .. 824.622.86 Name of Company, Fireman's. Fund Insuranco Company. Name of President, Charles R. Page, Name ot Secretary. W, Stanley Pearce. Statutory rnir1int attorney for'iarv-' lea. Z. A. Valentine. , J MiMan& CntfUne, Malin Cora Rcber, Oakland, accom panied by her aunt, Mrs. J, Sllva of that city, will arrive to at tend the eeremnnv Ai'rnimiunv. ing presentation of the Dlstin- KuiMiea r lying cross to Mrs. John Rcber, Mnlln, in rccdunl tlon of her son, Captain Elile Reber, reported missing several months ago In nlr action over Europe. Miss Rcber Is a sister of.tho flyer who wnn a ornriimlo of Malin high school. Presenta tion of tne award will be made by General S. M. rVimmll sun Francisco, as part of Flag Day exercises, June 14, In Klamath Falls. The Ladies Aid nf thai Plw. terian church will spend Friday in a clean up" session renovat ing the Interior of the church. The little son and daughter of Mrs. W. Hundley, living on the Mcrrlll-Malin hltthu-nv in in with measles Other children re ported ill are Ruthle Kalina, daughter of Mr. and Mr. v Kalina and Adoree Capck, daugh ter of Mr, and Mrs. Irving Capck, rars. lcres McComb accom panied Byron Johnson o Port land, where she will visit briefly before going to Tacoma to visit a son, David and family. The large room formerly oc cupied by Everett Jones' store is being arranged for use of the Red Cross iiirolrnl H workers. Tables arc be inn placed ims week and work will bejrin In- the near future. Mrs. James Ottoman is chairman. Midland Mr. and Mrs. Jack Cascbicr aro visiting at the homo of Mrs. Ftilpps, the mother of Mrs, Case bier. Mr.' Cascbicr will leave Saturday for trninlns uflth navy. The Cascbicrs arc former residents of Midland, Mr. and Mrs. F. A. Stewart and son Bob spent last weekend In Grants Pass at the home of Mrs. Stewart's parents, Mr. and Mrs. S. L. Burnett. Johnnie Bur nett made tho trip with them. He 'will make his home there. Also' making the trip with the Stewarts was Shirley Burnett. Lewis Furbcr and Amos Bur nett bought seed potatoes from J..G. Houck. Potato planting In the Mid land district is completed. Cul tivating Is now in progress In most cases Mr. and Mrs. Arthur Stewart and Gloria and Sammy arc now making their hnmn In Smiaiu Wash., where they have opened a well drilling and water pump store. LECTURER COMING TULELAKE Mrs. Julia Bevis, San Francisco, state WCTU organizer will bo guest of ine TuieiaKe chapter June 11. The meeting will be called In the annex of the Presbyterian church. Mrs. Bevis tn lertiira In the evening at the Full Gospel mission, i ne meeting will start promptly at o p. m. and the pub lie is invited to both meetings. DAIRY BURNS . SALEM, June 8 (P) The jonn j. Hooerts Sunshine dairy souin of Salem was destroyed by fire last night. The loss was more man $u.uuu. ' ssnaaBaxassasssaatsssssansBassTafiscsassBssa Synopsis of Annual Statement of tha noma aire ac Marina Inauranea ram. pany of San Francisco, in the State of umiornia, on the thlrty-flrat day of December, 1942, made to the Insurance Commlaaioner of the Stata of Oregon, purauant to law: ' Capital Amount of capital atock paid up ; . $ 1,000.000.00 Income Net premiums received during the year f 4,7M,I1!.SS Intercat, dividends and rente received during the year 373,010.03 J7.SM.41 Income from other sources received during the year Total Income I S,0M4UJ3 Disbursements . Net losses paid during the year Including adjust ment expenses 3 31J74 M Commissions and salaries paid during the year ..... 1,303,41.01 Taxes, licenses and fees paid during tha year 140,US.M Dividends paid on capital stock during tha year ... 300,000.00 Amount ot all other expen ditures 3(7,174.04 Total expenditures i 4,029,14.ll Admitted Aaaata Value of real eatate owned (market valuel - Nona Loan . on mortgages and collateral, etc. 7,437.00 Value of bonds owned tamortlred) 3.073,600.o8 Value of stocks owned (market valuel 1..SI0.323.S0 Cash In banks and on Hand 1,711,471.71 premluma in course of col lection written since Sep tember 30 1043 - . 302.I7S.33 Interest and renta due and accrues 30,020.87 110,40(1.84 Other asseta (net) .. Total admitted assets 8,861 J3B.S1 Liabilities Gtoss claims for losses un. oa Id S 1,030,473.00 Amount of unearned pre miums on au outstanding risks 3J1J,470.80 Due for commission and brokerage taxes, and ex nenaea HMMS9 30,131.04 AU othee, liabilities , Total liabilities, except caoltal 1 4.A2S Ml .A9 Capital paid up i 1,000,000.00 Surplus over all liabilities 3,320,137.00 Surplus as regarda policy- noiaers ....a 4, 3ZS, 137.99 Total , . . e,91,330.51 Bnalnaes la Oreaon for the Vaar Net premluma received during the year t 30,470.30 Net losses paid during the year 3,400.03 Nam at Company, Home Fire St Ma rina Insurance Company, Name of President, Charles R, Page. Nsme of Secretary, W. Stanley Pearce. Statutory resident attorney for serv ice,' E. A. Valentine. Service Flag to Be Dedicated TULELAKE Dedication of a ervlco flag for all Tuleliiko men who aro serving In the tinned forces la planned for Sundiiy, Juno i;i In tlio Tuleliiko rreaiiy teriiin church at 11 a. in. Mrs. J. Brown will bo In churgo of the program with the morning .senium to bo brought by Itov Hugli L. Branson, Parents or other relatives ot all men who are serving either in this country or abroad aro In vited to attend tho service. Stars are to be placed regardless of church niillintion. Lad Loses Eye In Accident TULELAKE Billy I lay hps 12-year-old son of Mr. and Mrs. Otto Huyncs, who last summer Injured an eye while playing at his (arm homo, suffered removal of the eye last week at a Klum ath Falls hospital, Mo was a graduate of tho eighth grudo of Carr school. Bonanza Mrs. L. M. Ilunklns and Mrs. Lloyd Ilunklns spent Decoration Day weekend at Cottago Grove Mr, and Mrs, Paul Matiklln and daughter huvo moved to Tulcliike. They lived in this community for the past few months whero Mauldln was en gaged In farming. Mr. and Mrs. Jack llorlon have moved Into their newly pur chased home. Mr. and Mrs. Dewey Horn aro now living in the Burkes apartment.- Lottie Belle McDon aid, daughter of Mrs. Horn Is home on vacation from Corvallls whero sho attended Oregon Statu the past year. Mrs. Philip Hunt of Eugene Is visiting her parents, Mr. and Mrs. William Bechdoldt. Tho Bonanza Langcll Valley Garden club met at the home of Mrs. Benson Dixon on Friday Mrs. Ironc Hartley gave an In tcrcstlng reading on the history of gladiolus and Mrs. Henry Schmor Instructed tho members on tho proper care of tomato plants. The next meeting wilt be held on June 18 with Mrs, Hortlcy hostess at her home. Lois Hare of Klamath Falls is a guest at tho L'hct Eycrs homo. Mr. and Mrs. Guy Mundlln, formerly of Vancouver. Washing ton are staying at the home of Mr. and Mrs. Chet Eyers. Mr. Mundlin who has been employed for some time at tho Kaiser ship yards will engage In farming ncrc. Mrs. Mundlln is the form' er Jean Dixon,' well known in the community. Mrs. Lloyd Bcebe of Langcll Valley was a visitor in Bonanza on Saturday. THEY DIDN'T MEAN TO BOISE, Idaho, UP) Legislat ors, now gono home, approved a constitutional amendment to be submitted to voters In 1044 changing elective state officials to four-year terms. Synopsis of Annual Statement of the Fireman's Fund Indemnity Company of San Francisco. In the Stale of caiilornla, on the tnirly-nrat day ol December. 1042. made to the Insur ance commissioner ot the Stata of Oregon, pursuant to law; Capital Amount of capital stock psld up ! 1,000,000.00 Income Net premiums received dur ing the year 0,tl,334.70 Interest, dlvldenda and rente received during tha year 33,202.03 Income from other sources received during tha year 037,410.80 ToUl Income 110,313,033.43 niaburaaments Net losses paid during tha year Including adjust ment expenses .... S 3,040,404.02 Commissions and salaries paid during the .year 3,300,437.08 Taxes, licenses and fees paid during the year 330,921.21 Dividends paid on capital ' slock during the yenr... 340,000.00 Amount of all other expen ditures 447.O00.K Total expenditures f 0,030,230.70 Admitted Aaaets , Value of real estate owned (market valuel Nona Loans on mortgages and collateral, etc Nona Value ot bonds owned (amortised) I 0,010,452.57 Value of stocks owned (market valuel 3.503.521.00 Cash In bsnks and on hand 3,544,009.07 Premiums In course of col lection written since Sep tember 30, 1042 Interest and renta due and accrued m..,M Othop aaseta (net) 3,013,130.70 40,044.73 01.027.D3 Total admitted aunts ...314,022,001.10 Liabilities Gross claims for lossos un paid 09,001,390.01 Amount of unearned prem iums on all outstanding risks 3,370,110.70 Due for commission and brokerage 303,300.33 All other liabilities. Unpaid loss expenae 107,100.00 Salaries and etc.. due or accrued 40,500.00 Unpaid taxes and funds de- fioslted In advance by oas settlements 724,303.33 Totsl liabilities, except capital . 310,510,040.07 Capital paid up 11,000,000.00 Surplus over all liabilities 3,305,040.10 Surplus as regards policy holders . .... 4,309,040.10 Total 014,022,501.10 Business In Oregon for tha Year Net premiums received during tha year f 000,240.13 Net losses paid during tha year 02,521.07 Name of Company, Vlreman'a Fund Indemnity Company, Nnma of President, Charles R, Pane, -Name of Secretary, W. Stanley Pearce. Statutory resident attorney for ser- Yli 8. A, Valentine, Venn Weyerhaeuser Mr. and Mrs, A, R. Adams and daughters, Marjtirlo and Bet ty of Salem, parents and alstcrg of Mrs. Ben Dunn, are guests lit the Dunn homo. They con ducted religious services In the community hull on Friday and Sunday evenings. Mr, and Mrs, Tom Anderson have moved to Klamath Fulls, Mr. nnd Mrs. Hit-hard Jame son and sons, Darrell and Philip, have moved to Kono. Patty Benton has been III re cently and Dannlo Hall has been helping In the stnro In place ot Patty's mother, Mrs. Bill Bon ton. Mr. nnd Mrs. Earl Crulkshank mid Mr. and Mrs. Gordon Good ontertulnt'd with a dance on Sat urday night (or the Richard Jameson family. As a fnrowoll gift from the community they were presented with an end table. Mr. and Mrs. Rill Cochran and Mr. and Mrs. E. M. Early of Kono, relatives of Mrs. Richard Jameson, attended tho dune Saturday night. Phyllis Worner of Medford wai a weekend guest at the Hubert Knapp home and attended the dance Mrs. MuKKle West, Lydia, Ina Belle and Glen West of Jackson ville were guests at the Archla West homo and attended the dunco Saturday. Mrs, Art Cooper has returned from Ashland where she had an operation a couple of weeks ago. Mrs. Leo Prcscott has resign ed as librarian and Carl Knapp has taken her place. Hours are 7 to 8 on Monday evenings. Mrs. Al Ilnrtlerode and son William have returned from a trip to Bremerton, Wash. Richard McLaren of the U. S. navy at Astoria Is visiting hit parents, Mr. and Mrs. Dave Mc Laren. Mrs. Dave McLaren Jr., ha gone to San Diego after visiting the McLaren family for several weeks. Mrs. Dave Wlnnlngham will entertain the afternoon card club nt her home on Thursday, Juna 10, with dessert served al 1:13. Merrill Mr. and Mrs. Percy Bush are receiving congratulations on tha birth of a son at Hillside hospi tal, Juno 8. The little boy weigh ed nine pounds and has been named Robert Bruce. He Is the first grandchild of Dr. and Mrs. Luther A. Tabor. Mrs. Bush was the former Marjorle Taber. Between 40 and SO children who for two weeks have attend ed the Presbyterian vacation school will spend Friday on a picnic at Lost river neor here, entertaining Friday evening for their paronts at an exhibit of craftwork accomplished during tho two weeks' classes. Parents and friends of the children are invited to attend the exhibit. SALT LAKE CITY. (The atres . are beginning complete movies at midnight and B a. m. Tor swing and sravevard shift war workers. Synonpsla of Annual Statement sat tha Occluanlal Indemnity Company oi San Francisco. In the Slate of Califor nia, on the thlrty-flrat day of Decem ber. 1042, made to the Inauranro Com mlaaioner of tha State of Oregon, pur suant to law i Capital' Amount ot capital stock paid up 1 ,000,000 04 Income Net premiums received during the year 13,147,007.11 Intereal, dlvldenda and rente received during the year 150,071.03 Income from other sources received during tha year 07,057.30 Total Income 3 3,304,017.43 lllaburaamanta Net loaaea paid during tha yenr including aajuatment exnenaea s 1.211 30! 01 Commlaalona and aslarles paid during the year 710,731 JO Taxes, llcenaea and fees pain during ihe year 11,43133 Dividends psld on capital - slock during the y&r... 100.000.00 Amount of all other ex- pondltures-AII others 100,041.13 Total expenditures 12,203,410.01 Aamlllari a..-- Value of real estate I mar ket value) Nona Loans on mortgages and collateral, ale. Nona Value of bonds owned (Hmortljod) 1,507,637.11 Value ot stocks owned ...ininc. vmucr , I .dfW.D ID.V9 Caah In banks and on hand 1,040,110.00 Premiums In course of col lection written since sep- -- . ""- 0ov,vvs.ie Interest and renta due and Other asseta "(net) " accrurn 30.740.47 40,370.23 Total admitted asats....l 0,137,043.32 Llabllltlaa . Oross claims for loiass ' ' ' unDld ; 1,047,141,11 Amount of unearned prem iums on an ouiatanaing rlaKS G7K naa is Due for commission and brokerage 70,090.10 All other liabilities. Unpaid loss exnenaa . si aaa an Salaries, etc, due or ac- ' crucci 15,700.00 Unpaid taxes on funds de posited in advance by osa settlements 331,020.07 Tolal llsbllltlas, except nanllal a i jua -aw fanlfal iuM tin "' X i 'u..m'. -'" i' 1,UWU,IM1I,IIU Surplus over all liabilities 1,717,2.15.51 Surplus as regards pollcy- .,,., - . .... a 2,717,230.57 Total i s i.i7 niiiln,. In n"p.-""--' ..' .'. ' .- ... ......... , in in sear . Net premluma received Murina urn year S2,3M.3 Net losses paid during tha e,-" ; 3R.0D3.07 ....... vuuiuoniBi in demnity Company. " oi rreainent, Charles R, Page. Poarc." "' """W vlr XA. V.l.tm..""rney
