The Bismarck Tribune Newspaper, January 13, 1926, Page 3

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340.26 717.10 716.80 39315 1,109.15 877.36 336.40 “Hello, Ben!” Has become salutation. . For only men whose Christian names are Benjamin Franklin may hold membership in the | Franklina. The organization was formed’ in 20} 1923 “to encourage discussion of and increase interest in the great con- tribution Franklin made to his. gen- eration and posterity.” This original organization wa: inded by Benjamin Franklin A‘ president of .the Universal Portland Cement Company, with F. Mohr of the Iinois Steel com. pany, B. F. Meyer and B. F. Lang- worthy, Affleck still is president, Meyer is secretary and B. F. Blye of the Central Trust company of Illi- nois, is treasure. Today membership has increased 9} to nearly 50 Franklins in many cities. 178.13). their 368.55, 358.40) IBURLEIGH’S SHARE OF LICENSE FEES FOR QUARTER IS $952.80 Cass and Ward Are Only Two Counties Recei¥ing More — Burleigh County Auto Owners Paid $39,783.40 in Motor’ License Fees During Past Year r DERC | iT atep is not favored by the navy de- , fe ' idee which has d that : 7 >, or Sen es A Ss. if, the station were clos. separ- SHOWS NCREASE FOR FISCAL. YEAR pun ibaa. leach ' ite arrangemen’ would have to be nee to take .care.of. the Los An- geles. : ‘ Would Permit Expamsion Policy The North Dakota wotkmen’s com- ‘ pepeacicn, fund was increased $12 688.73 sacri ts fiseal’ year ending The appropriation for naval avia- J nual report pre- pared shows. tion would be increased under the bill to permit the navy department its for pabiicatton the close bi to carry out a policy of expansion of had ‘to: MeIntos! : McKenzie McLean Mercer Morton 1 Mountrail Nelson Oliver Pembina Pierce Ramsey Ransom Renville Richland Rolette Sargent Sheridan Sioux Slope Stark Steele Stutsman 1,’ the statutoty surplus of $173,121.08. The report calls attention to tl faet that ine surplus was Made despite a decrease in premium of as compared with the pre- ceding year. Commenting on this r duction the report says: “This is brought about largely by reductions im'rates and the inerease in dividends allowed employers. In previous years @ 16 per cent dividend was declared on: al] classifications in whjch the experience justified the payment of a dividend. However, the dividend dec! d for the past fiscal year on ions in which the expe heayier than air faellities;:, already Ppgoved by it. r recommendation for a new dirigible is~vontained in the supply measure~ as _report¥dj<hut today the naval committee heard testimony by Secretary Wilbur and other depart: ment officials endorsing construc- tion of such a craft. at a cost of $6,000,000. The s' woulg have about three times the gas capacity of the Shenandoah. It was disclosed iness on June’ 1 cha santas cash. batance at gee of June 31, 1924, was $1) : absorbed County Treasurer G. L, Spear has a check for $952.80 from the Burleigh county’s share’ of the™auto license fees collected dur- ing..the: last three months of 1925. Only two counties received more than Burleigh for-the last quarter—Cass, with a total of $1,486.82, and Ward, with a total of $1,230.77. ~-Stutsman that the m@heys received by the county prior to that time were ap- plied by them for the. purpose of maintaining the Btate Highway sys- tem in the county, and only such money as was received afterJuly 1 1925, came under the exclusive con- trol of\the county board. Hereafter jompensation $182, of’ the tota! of $329,655.27. were: aa A camel can go 8 days Ve de ‘were $386, st on money, $64,393.07; tered warrants on hand, $2,489.36, and miscellaneous $3,668.66, a total of $457,184, A. detailed statement of ministrative expense shows for salaries; post ing, $1 $2,805.7! salary of attorney, $' $2,480. More Surplus Than Required. A statement of the assets and lis- bilities of the compensation ‘boa shows a Surplus of $474,082.08 above je ad- 7,822,51 ig expense 64; travel inset legal expense, including ny ne, , and rent, fied the payment of a divi- in three different groups. Group one allowed a dividend of 30 per cent, group 2 allowed a dWidend of 20 per cent, and group 3 a dividend of 10 per cent. No other classifica- tions received dividends. Dividends were payable on all risks on whose experience did not exceed the basic compensation allowance as computed under the merit rating system. The im, purpose and the results actually achieved by this group dividend pl was the making of adjustments. b tween the different classification: The Complete Statement. A complete statement of the assets and liabilities of the compensatié: fund. follows: ASSETS. Cash in hands of State Treasurer Cash in Bank of North Dakota . Cash on hand ..... Petty cash fund . Registered warrants on hand Bonds for premium due . Premium in course of co! overdue) .. + Accrued Interest:— On certificate of deposit On open account .. On bank account .. On registered warrants fixtures Total Assets . Unearned premium “Claims reserve . Statutory surplus Depreciation—Furi Dividends—Due and unpaid .... Surplus ....... eeeesecoccers eavecees $1,400,840.77 2,469.66. “$38,203.75 ? 14.77 12.09 466.73 $ 38,697.34 9,254.90 6 $1,458,771.06 {$197,815.82 599,644170 178,121.08 4,657.41 _—_—2—— $ 984,739.01 $1,458,771.06 “This item includes pending and contested claims; also reserve for w reported and reopened claims and suspended mortality. DAKOTA HAS ROSY OUTLOOK SAYS GREEN People Are in Bgtter Position Than Those of Other Northwest States North Dakota farm businessmen face the justified optimism, Ck Green, wan- ager of the bank of North Dakota, said here today. Green bases statement on the belief that North Dakotans general- y are in much better position than the people of any other northwestern state and on--evidence of increased financial business and agricultural stability. Prices good and land is cheap, Green said, a condition which benefits the state in corperi- son with neighboring ‘states where prices are no better and land costs more. Green has a theory that farmers are naturally “bullish” so far as the grain market is concerned. As proof he points to statements of their con- dition on December 31 issued by banks in all parts of th ite. These show that many banks are holding collateral on which they: have not collected. The reason for not col- lecting them is that farmers, are holding their grain in anticipation of still higher prices. , Points Oat Danger One /danger of this system, Green said, is the nasard that the farmers will sell their grain a few loads at a time, spend the.money more free- ly than if they had sold it all at once and met their obligations, and consequently go into the spring with much of their paper unliquidated. The problem, he. said, best d by the ind his banker. merely to show. wi if farmers failed to properly eon, | serve their assets. That. much of the grain produced in the state has! not yet been sold, however, cannot | be. doubted one: who reviews, the| 8, he-said. ig on the position of! be said that it was gre: improved-in 1926. ‘'armers no lon; er have the idea that they can get, money from banks on prospects alone, he. said, Four years ago} when a farmer failed to get a loan; from one hank he didn’t worry be-' cause he knew he could get it at! another with a more liberal policy, Green said. That condition has; changed, he said, because bankars | re now operating on ‘conservative | A ves | the. banking! ‘id, is the better distri- bution: of loans which’ bankets are making. | Instead of only ag- ricultural loans they are investing; more money in bonds and short, time securities as a matter of self- protection. “Anyone who carries all. his eggs in one basket cannot. ex- pect to get by without cracking few when he stumbles,”.said Green in “commenting, on_ the policy, of bankers whe have bexeoded agricul- tural loans. uni found them- selves in leulty if the bankers and ir 1926 with \ efarmers fai to, poy promptly. ve Memorial | Worl pane ala mi Pinttorae tae hee boat tate which eat to museum in building, and PRM tag “aa gli le \e collertisn and: will no doubt: & Memorial building~ the past few months, but the male animal was just received from the taxidermist at Mandan this week. BUILDING OF NEW AIRSHIP IS FAVORED (Continued from page one) navy program now taking shape in congress. The reorganization would be ac- companied by economies in other branches of the naval service, i cluding a reduction of navy enlist- ed personnel from 86,000 to 82,000 and withdrawal of a number of warships from active duty. The house appropriation comm tee has also decided there ig no pre: ent need of maintaining the Lal hurst Naval Air Station, whose only dirigible, the Los Angéles, now is laid up ‘in her hangar. In report- ing today the naval appropriation bill, the committee suggested that by closing down the station the cost of its maintenance could ‘be reduced from $1,716,000 to $128,600. Such a Iso_that the de- partment has before it ‘plans by the airship development / corporation, backed by Henry Ford, to build a ae smaller all metal navy air- ship. JURY PICKED ~TOHEAR THE RWERTS CASE Judge, at Prosecution’s Re- quest, Sanctions Selection of Two Extras Faulkton, S. D., Jan, 13—(P—A Jury was completed and sworn in at 10 o'clock today to hear the ember- zlement trial of A. W, Ewert, former treasurer of the rural credit board Immediately after the swearing attorneys for the prosecution _re- quested presiding Judge J. H. Bot- tum to sanction the selection of one or two alternative jurors permitted by South Dakota law in felony cas The judge entered an order grant- g the request for the two additlonal jurymen and the examination of the prospective occupants of the places began. The alternative jurors will take the place of any of these should emer- gency compel the, absence of a regu- lar juror. | When the case is given to the jury, if the alternative jurors are not | needed, ‘they will be discharged. BLIZZARD STRIKES HOME Coughs and colds are a natural se- quence to an unexpected bNzzard, and should be~tredted promptly. to offset complications. Foley's Honey and Tar Compound is a pleasant and effective remedy for coughs and colds. Keep a bottle on hand for any emergency. ‘The children. and T had colds the first dose of Foley's Honey and Tar helped us right away writes Mrs, Mather, Richwood, Ohio. Foley’s Honey and Tar is a good cough remedy for the whole family, It contains no opiates. | ‘Adv. Hope muslin basement 15¢ yd. Ly SAMUEL TAYLOR COLERIDGE Van Bibber Comedy “The Ski Jumper” COMING! COMING!! ‘counties andthe state highway com- the State Highway department will maintain the improved part of the sien Highway system from its own ‘unds. Towner Trail Walsh Ward Wells 6" Williams 883,95. Totals $84,864.25 $1 BEN FRANKLIN | TOBE HONORED ~’ ON SATURDAY “Benjamin Franklin,” Unique Organization, to Have 3rd Annual Luncheon county placed fourth, with $878.67. The total license fee receipts for the past quarter were $34,864.25, and this is being equally divided between the Totals by Counties, ' The receipts and distribution of Peet ka what altiihe, SBE funds for the quarter ended Decem- year, er 31, Ww 8 : collected $1,083,073.45, Of this amount| " °1’ 1925, were as follows: $150,000 was set aside to cover the}: operating expenses of the State High- way department and the office of the Motor’ Vehicle department, and in-| Rarnes | cluding the cost of tags. The next} Benson 130,000 was appropriated for thé) pj construction of new bridges in the state. The balance was divided equal- ly between the State Highway com- mission and all the counties, the lat- ter in proportion to the amounts paid in by the auto owners of t! county. The State Highway commi sion received $401,786.73, and all the counties their share of an equal amount. Year's Total $15,106.21. The car owners of Burleigh coun during the past year, paid $39,783. as license fees, and the county got back the sum of $15,106.21 to be used on county roads exclusively or to be Forks set aside hy them if so desired for| Grant the construc -|G way system. Hettinger The law making this distribution] Kidder ‘became effective July 1st, 1925, so] LaMoure 72.60 mission. Receipts 435.20 1,228,50' 466.90 61.10 720.96 Bowman Burke Burleigh Ca: Cavalier dnekey Divide he Ben- sof the Grand Chicago, Ja 738.68 738.67 | jamin kt 307.40 307.40] great patriot, gather here on id Saturday for their third annual luncheon in honor of his birthday, January 17, which fs on Sunday this year. 1,477.35, 614.80 147.10 00 7.15, 921.45 Authorized DUCO Refinishing Latest modern method. We also do automobile Top and Curtain work as well as all kinds of Upholstering. Work Guaranteed. PAINT SHOP 8rd Floor at LAHR MOTOR SALFS Co. without a drink. Can you go 8 weeks or even 8 moriths: without having your sit pressed and cleaned? Ycur shirts and collars ‘get soiled: with ‘one or two days’ wear — how much more sciling — (even if it doesn’t shaw) is your suit exposed to? Frequent cleaning and pressing improves (he anpearante and add to the wear cf your. gar- ments, NOW Open —46 Stories High || The New Tower of the MORRISON HOTEL] Chicago "SHE new, section of the Morrison Hotel, Chicago, is the tallest hotel structure in the world, 46 stories high, and 637 feet from the side- walk to the top of the flagpole. LOCATION. TheMorris<nstandscloser thanany other hotel to the grouped offices, theatres and railroad depots of Chicago, as well as the whole- sale ahd retail diStricts. ‘I'wo blocks from the busi- est corner in the world. : RATES. The Morrison offers more economical rates than any other leading hotel. Valuable store subleases pay ali. the ground rent, and the saving is passed on to the guests, so tHat rooms are rented for $3 to $5 that would cost $5 to $8 in any other hotel of premier standing. ‘The Morrison contains 1,944 outside rooms, each with bath, running ice water and Servidor, All guests enjoy garage privileges. The enormou tower is served by .“micro-drive” elevators, with a speed capacity of 800 feet a minute. In the upper rooms of the tower a guest enjoys the pure atmos- phere of a suburban hotel. i An Ideal: Convention Hotel The banquet. and ballroom facilities have made the Mor- rison a favorite hotel for conventions. The Cameo Room is in great demand; it has a seating capacity of over 2,000, _ without a single pillar or other obstruction to,the view. Another. individual feature is the Terrace Garden, the’ ison’s famous ‘“dance-and-dine” restaurant, where tables arranged in fiers, or “terraces,” give every guest a perfect view of the entertainers. ‘Write or Wire for Reservations PER te id aed te wal | ff for fo be fom fw fox fm ie fr el al MD ed ad tcl cc ce ell ee $2932 S305 455 The New Morrison, when completed, will be FECT SE RBDEN © GARDEN Recent re Sm th I I ht pa pam Bem fy fer Bm em Bm Br Br ee I lI el oP Oo wd at a a edd LS ll od BS a De wt wd wt wat ow. ‘ols FL ofZ. seers LIzSLzLI = if Boro rsrrarr nee ‘4 it ae my rr rr, sass sass ss22 Si hash id ales =i po) ff for fof for fee for NNN wa 4. the world’s largest und tallest hotel, 46 stories high; with'3,400 rosmne’

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