Evening Star Newspaper, March 30, 1932, Page 13

30, 1993, elected permanent chalrman. Paul L. Demarest, delegate from the John Montgomery Chapter, D. A. R., was seated-as a member of the com- mittee. John W. Gibbs of the National George Washington Bicentennial Committee addressed the meeting. He made a number of suggestions | Another meeting of the committee will be held Tuesday night at the coun- ty building here, when the committee A—13 Banquet Group to Meet. CLARENDON, Va., March 30 (Spe- clal). —The Bicentennial Com- mittee of the Arlington County Civie Federation will meet in the iber of Commerce rooms, Kelley Bull Friday evening. “¥r STATEMENT OF THE CONDITION OF THE Great American Insurance Company of New York, On the 31st day of December, 1931, as Te- quired under Section 647 of the Code of THE . EVENING STAR, WASHINGTON, D. C., WEDNESDAY, MARCH Deepest Excavation for Archives Building IP UHEY I]EE"]H] Montgomery Federation Com- mittee to Advise = 1d Aid Mrs.‘nuned to formally draw the policy will present its findings. commit- tee composed of Dr. Edwin W. Broome, Milton Bancroft, Miss Blanche Corwin, O. M. Kile, John W. Coffman and Chairman Cleveland. Subcommit- tees will be appointed at the meeting next week. COTTONSEED 01 TURNED INTO £AS New Process Yields Veritable STATEMENT OF THE OONDITION THE Great American Indemnity e Company of New York, N. Y. 1 R_ B, CUMMINGS & CO. n B day of December, 1831, as under Section 647 of the Code Pandora’s Box of Products. General Agents of Law for the District of Columbia. Law for the District of Columbia. 923 15th Street N.W. National 9772 | | INSURANCE IN ALL ITS BRANCHES STATEMENT OF THE CONDITION | OF THE Local Groups. 36.686.902.01 386,748 74 | Net 1.512.956.25 . .$8,556.607.00 Total interest Other income premtums. $15.413,196.99 2490,108.01 348.252.09 Total income By a Staff Correspondent of The Star. | . . Un Insuran BETHESDA, Md., March 30.—Ques- || ited States Fire ce DS tions of policy of the Montgomery || Co. of New York Blef Siount o County Bicentennial Committee, SR 'inary cently named by Frederic P. Lee, presi- | required dent of the Montgomery County Civic| | of Law Federation, were set forth at the or-|| R ganization’ meeting of the committee 5 .a149202310 ||| B . sn.199.098.7 held at the county building here last|| T rest and ‘rents 1 - . 466194 39 night. = remiums 1t course”of ol U It was decided that the function of 3 Jooton e e G 451, the committee would be largely advisory g S {and supplementary to local committees and would exert its effort chiefly toward aiding the local committees in tk curing of speakers and material for { programs rather than the actual put- ting on of the programs. The feeling was expressed that some careful research work should be made of the historical sites in the county con- nected with the life and activities of George Washington. BY HOWARD W. BLAKESLEE, Associated Press Science Editor NEW ORLEANS, March 30.—Making high-grade gasoline instead of salad oil out of cottonseed is chemistry’s latest addition to the list of potential motor | fuel sources. The process for converting cottonseed oll into anti-knock gasoline was de- scribed to the American Chemical So- clety today by Dr. Gustav Egloff of | Chicago, The present cost of 35 to 40 cents a gallon is too high to make cottonseed gasoline a competitor with established commercial products in this country. The cottonseed oil .3 run through a metal coildt & temperature of 900 de- grees Fahrenheit and a pressure of 150 pounds per square inch. This breaks down and rearranges the atoms form- T com 587, e otal income .. +$18,251,587.09 policyholders —— - DISBURSEMENTS, Net amount paid policyhold- ers for losses..... All other disbursements. Total disbursements 5 $3.350.191.16 All other disbursements. 3.710.639.11 $8.7712,624.02 . 12,084,624.25 ..$20,857,248.31 disbursements ¥7.060,830.27 the D! INCOME. s for Ass| Bonds and stocks Cash in company’s Deposits in b Agents’ balances Interest and rents due or ‘ac- . L...810, crued > 2 ¢ admitted. . | All other asse 259,112.93 . 99.020,075.37 | 35 52,810,600 57 129 .. 351,008,600.47 | Gross assets........ ‘ Deduct assets not admil | ¢ % 2 LIABILITIES. Mor 168 a otal unpald claims Total admitted assets.. ! . m arned premiums | fes .. LIABILITIES. claims. ned premiium: 1 818.682.49 ..39.629, up 5 all Tabiiities. . Net . $2.230.383.11 1 1714331226 5.328,064. 43 16,300,000.00 npaid ey ing the oil so that the oil ylelds a Pandora’s box of unexpected products. First comes a little more than 50 per cent of gasoline. Next emerges a heavy fuel for Diesel engines. After that is coke for the furnace. Then there are 13 difference gases, some of them com- mercially valuable. Last of all comes | water—which is all that is left of the | original cottonseed ofl. This water is | the only waste product. Yields Alcohol, Too. Furthermore, Dr. Egloff said, good alcohol can be obtained from certain of the cattonseed vapors, Likewise a widely #old variety of anti-freeze mix- ture for automobile radiators. Adding a little sodium produces a rubber-like substance. There are potential uses for this kind of an apparatus, Dr. Egloff said, | in countries where gasoline is not cheap, for the apparatus can use other products than cottonseed oil equally well. equal ease vegetable oils, fish oils such as are abundant in Japan, shale olls and coal tar oils. A new improvement for the petro- the new Archives Buildi the site of old Center M probably will be the hole in the Government program here. In the bottom basement will be located an e air-conditioning system to prote Government’s priceless documen ‘The mark, but another 8 feet of eart on OING down 48 feet below the all around the edge. ( street level, the excavation for | s ‘The so-call —Star Staff Photo. ‘The above photograph shows excava- s vary from 5 to 10 feet in height, | tion work under way, & truck pulling The peculiar design of this under- ground construction will save substan- tial cost to the Government. earth will act as its own brace against | the side walls and obviate both heavy retaining walls or expensive sheet pil- Jevel has reached the 40-foot|ing. Piles will be driven around the is| vu;i&\: s::mbem d!flmnbmlrggiths. ol out in the center of the hole. | is likely necessary rive piles tv?mbeenu;:ymplcted. the excavation will|50 feet in length on the top step, bué It will “crack” with|resemble an amphitheater, with four|in the bottom piling 12 feet Jong prob- | different levels, and huge steps running | ably will suffice. ‘The ‘The excavation has progressed to the point that, according to Henry Quist, | suj iperintendent for the contractor, Fred- leum industry’s problems of separating | cENTRAL WEST clTlEs | ;;:;‘yfibggggffi',;inggt dg“’ofi,’s‘;“g‘;’: ASK U. S. TAX CUTS| Reductions and Balanced Budget Held Essential to Return of Prosperity. the various grades of gasolines, oils | and gases was reported by Dr. M. R. Fenske of Pennsylvania State College. This process is called “fractionating.” He credited the work to development of ideas originally advanced by Dr. W. K. Lewis of Massachusetts Institute of Technology under the name of “key components.” The result obtained by Dr. Fenske's apparatus is like considering the liquid within it as Being a rod of wood. Down . in the middle of this rod is a substance which the ofl man wants. Formerly he had to eift off the top of the rod and keep whittling it down until he reached the section desired. By Fenske's method he can treat the liquid column as if it were a rod and saw out the wanted. Calculations Accurate, Mathematics is an important part of | this process, as it enables the refiner to | calculate the results accurately enough to obtain exactly the ingredients sought. The Laboratory of Animal Nutrition of Cornell University contributed a dis- covery that certain dried fish has higher food value if dried in vacuum than if dried by flame heat. These experiments were made by Dr. L. A Maynard and By the Assoclated Press. CHIC#GO, March 30.—Business men | from 62 citles in Central West States | have informed Congress they believe taxes must be reduced and the national budget balanced before better times can return. Acting tbrough their Chambers of Commerce, they passed a resolution in conference here yesterday telling the Federal Government of their tax views. | They also declared in favor of govern- | ment abgtinence from influence of | private business. | | | Fred W. Sargent, president of the North Western Railway and 2 leader in the conference, said that millions of dollars in United States securities owned | by Europeans would be dumped on the ! market if the budget is not balanced. Such action, he said, would ruin credit and push prosperity further into the future. | | | s. The ex- periments were made on haddock and menhaden, both widely used as “fish meal” for hog and poultry feeding. “Since these products are used pri- marily for the purpose of supplying pro- tein in the yation,” the report stated, OUSTED GOVERNOR FILES | “the practical importance of the find- | ings is obyious, ‘There is also some ap- e plication to human nutrition in fur-| Johnston Seeks Election to Okla- | nishing evidence for the general propo- homs State: Bennte. OKLAHOMA CITY, March 30 (#).— sition that temperatures lower the nutritive efficlency of protein.” —— Henry 8. Johnston, who was impeached | Na 4 " and removed from the Governor’s chair Mother and 3 Die in Fire, three years ago, gave formal notice yes- GOGMA, Ontario, March 30 (P)— | terday he will try another political A mother and her three daughters | come-back. perished in a fire that followed an ex- Johnston, who sought “vindicatiol Pplosion of gasoline in their home here|in 1930 in an unsuccessful race {m" yesterday. The dead: Mrs. A. La Brie, | United States Senate, filed with the 49; Be‘ ha, 20; Dorothy, 8, and Clar- | State Election Board as a Democratic | candidate for the Stafe Senate. | Statement of the Condition of the Mutual Fire Insurance Co. of the District of Columbia —on the 31st day of December, 1931, as required under Section 647 of the Code of Law for the District of Columbia Real estate $71,648.57 Mortgage loans on real estate ..... 242,150.00 Bonds and stocks 10,000.00 Cash in company’s office . . . Deposits in banks. Interest and rents due or accrued. . Income ... $28,805.73 and Net premiums Total rents interest 21,688.99 4.17 2,052.91 9,884.06 $50,498.89 ' | 4,450.19 ts. . $340,185.73 not Total income. . Gross Deduct assets admitted 550.00 Disbursements — Total admitted ets ....$339,635.73 Liabilities Net unpaid claims, Total unearned premiums Other liabilities Surplus _over liabilities ...... 304,776.32 Total .......$339,635.73 Net policyholders for losses All other disburse- amount paid $10,698.88 $533.71 32,329.60 Total disburse- | $43,028.48 | 13,617.24 20,708.46 ments ..... Net Premiums Written During the Year ot Colimbia . $28,805.73 TELMANN, President. Fire L. PIERCE BOTELER, Secretary. Subscribed and sworn to before me this 27th day of February, 1932. (Seal) HELEN C. RUSSELL, Notary Public, D. C. This Company has operated for over Seventy-seven years on a purely Mutual plan. All savings of premium are annually credited to policyholders, with interest, and later returned, greatly reducing the cost of their insur- ance. The policyh_oldern have never been called upon to pay one penny in excess of their regular premiums, “It Pays to Insure in the Mutual Fire” MANAGERS: OFFICERS: Chas. Kattelmann L. Pierce Boteler Chas. Kattelmann, President Edwin C. Brandenberg L. Pierce Boteler, Secretary Frank ‘-' Jg:’;“‘“ Henry E. Bittinger, Theasurer Harry E. Bittinger Wm. Reed Macgill, Ass't Sec'y. Chas. M. Boteler E. C. Brandenburg, Gen'l Counsel Insurance Protection for Homes, Stores, Other Buildings and Their Contents Ask for Rates and Other Information Phone NAtional 1180 Office in Company’s Building 1301 H Street N.W. " The Largest Insurers of Homes in the District Pre-cast, round, concrete piles, to be made in Washington, will be used. This will be the second Government job in Vx']zsmngwn to use pre-cast concrete | piles. partment of Justice Building between Ninth 5 The other is the adjacent De- and Tenth streets, Constitution and Pennsylvania avenues. Farley D. Veale President te] 04 may be Roted in the above pheto- | graph of the excavation taken today. up the steep ramp, r in the deepest now about 40 On the left is out of the I and a pool of part of the excavation, feet. below the s seen the Nati Museum of the Smithsonian Institution, in the back- ground the W. gton Monument, and to the right. the new Internal Revenue Bullding and the steel tower of a pile driver on the adjacent site for the new Department of Justice. The air conditioning system in the subbasement will provide air of the proper temperature and moisture-con- tent to preserve the valuable records of the Government. Huge conduits, which in some places will be 8 feet square, carry this conditioned air from the e building to the storage John Russell Pope 1is architect for the structure, and H. Balcom of New York consulting engineer. The Government is represented on the site by Charles H. Branscomb, United States construction engineer, who supervises the entire project. Frank H. Rowe Vice-Pres., See. & Treas. Phones, West 2437, 2438. GEORGETOWN REALTY & INSURANCE CO. INCORPORATED REAL ESTATE.AND INSURANCE 1219 Wisconsin Avenue | ABSETS. Bonds and stocks, conven- STATEMENT OF THE CONDITION OF THE London & Lancashire Indemnity Company of America of New York. On the 31st day of December. 1931, as Tequired under Section 647 of the Code | of Law for the District of Columbia. | INCOME. 50.90 Other income. . | $3.022.658 23 i | Total 1 DISBURSEMENTS. | Paid polies- holders for losses. ] Al ‘other disbursements... 1| Totsl disbursements. . $3,563,064.07 920,363 4 TR ..$4,152,731.7 18451.27 149,094.72 1.072.002.38 €560 tion _valuation Cash_in company's offic Deposits in banks . Premiums in course of col- lection ... st Interest and rents due or accrued iy oo ek 63 All other mssets 52 Gross _assets.. $5,886.161 Deduct assets not admitted 412,905.24 Total admitted assets.$5,473,256.03 LIABILITTES. Reserve for seci on Connecticut basis Total unpald claim Total unearned pre; Other liabilities. ... Capital paid up Surplus over all liabilities Total NET PREMIUMS WRITTEN DURING | THE YEAR. | District of Columbia $122.66 fums Total $76.039.49 l . 895321 1,203,979.01 her 260.420.64 483,588.18 53452 36 144:549.37 95.744.82 137,978.09 414,605 43 43463.65 20.00 7,275.30 e 2 3.704.18 3.135.13 9420 11.871.98 $3,022,656.23 F._J. GOBEIE, Vice President. 22.50 $15.724.84 | J._URINSON, Secretary Subscribed ‘and sworn to before me Notary Publie fon Expires Feb, 1, 1934, STATEMENT OF THE CONDITION OF THE Law Union & Rock Insurance Company, Ltd., of Londan, England On the 31st day of December, 1931, a8 required under Section 647 of the Code of Law for the District of Columbia. INCOME. Net premiums $883,069.28 Total interest 108.909.15 Other income. 5.868.03 and ‘rents $418,910.27 All other disbursements... 684,704.64 Total disbursements....31,101,614.91 ASSETS, Bonds ard stocks ..$2,237.90¢ Cash_in com| ce. . Dep = Agents’ balances o5 Interest and rents due or accrued ....... All other asseis Gross _assets Deduct assets not admitted Total admitted assets. $2,638,98117 LIABILITIES. Becurity depreciation re- serve (difference between Oonvention December ‘31 market values of securi- Ues as shown by sched- ) e | Other liabilities . Surplus over all rabiiities: Total . 32,638.981.17 NET PREMIUMS WRITTEN DURING | THE YEAR. District of Total “Columbia Fire ... 876875031 3285032 Motor S 624.66 | Earthquake P Inland navigation and transporta- tion 2 Tornado, storm., 9 70395 ... 174.13 wind- a 52,234.20 L 5388 n eakage | —369.56 . civil_commo- n nd ex- 2 .870.77 Afreratt ... 00 Totals 883, ROBERT 'W. THOMAS, JR., Agency Secretary. Subscribed and_sworn to_before me this 19th day of February, 1932 (Seal) GEORGE W. MASTAGIO, Notary Public My Commission Exoires Jan. 31. 1934 STATEMENT OF THE CONDITION OF THE American Constitution Fire Assurance Company of New York On the 31st day required under Se of Law for the . 1931, as 47 of ‘the Code istrict of Columbia. INCOME. Net pre: s Total int Other income. 401,255 89 d rents. ] '126.747.35 Total income....., 50, DISB Net amount holders for losses er disbursements. EMENTS. policy- $344,962 04 452.387.58 Total disbursements 10,668.35 6.903.01 20.232 78 90.503.60 12,129,729.18 Gross _sssets s Deduct assets not’ admitted Total admitted nssets LIABILITTES Net unpatd claims nearned premiums abilities £84,381.00 274,758 70 148,475 28 paid up 1.000.000 00 us over all labilittes. 622.124.11 Total $2.120.729.18 NET PREMIUMS WRITTEN DURING THE YEAR. District of ok 1) Motor vehicies Farthouski Iniand 12.420 41 al 81717 civil ~ commo. 2295269 | 3583 | T $797,35082 | 129,869 64 | $28720 | 13.25 tion. and explosion war | Totals . 1.008.24 9739 $401,255 89 $274.04 W. P 'WATSON. Viee President W. P. DIEFENBACH. Tetary. Subscribed and sworn to before me thi 25th day of February. 1082 Senl ) Notary Public. Certificate Connty Cli's N 1k’s No 1000. N. Y. Co. CI Commission expires March 1082, | STATEMENT OF TRE conpITION ‘ OF THE American Home Fire Assurance Co. of New York | On the 31st day of Deeember, 1931, as | Tequired under Section 647 of the Code of Law for rict of Columbia. | 3620,151.19 125.464.67 163. Total fneome. $909,438.14 | DISBURSEMENTS. Net amount baid - = sses £430.103 .00 Al Gher "l e SO | Total disbursements ASSETS, Mortgage loans on real estate T and ‘s{ocks in company's office its in banks. Agents’ balances Interest and rents due or 016 251,478.91 9.738.44 15,177.98 Gross assets $3,072.950 19 Deduct assets not admiited 191,975.18 acerued All other assets.. Total admitted assets LIABILITIES Net unpatd claims ‘otal unesmed premitims Other ‘Tiabiiities Capital pad Sirplus over Total 0.00 3102 457.315.97 1900527 un 1,000.000.00 all liabilities. 530 836.27 ..$2,280,075.01 NET PREMIUMS WRITTEN DURING THE YEAR. District of Fire | SETR LY Motor 'vehiéies 502 Earthauake 28393 14.965.70 23.552.93 3.047.15 729.01 16492 .. 3620,15110 893877 | W E WiTsoN. on W. P. DIEFENBACH, ~ cretaty. Se Subseribed_and_swomn o bafe thix 28th day of Pebruary. 1683 ¢ ¢ {aear I Totals , Notary Pul Certificate W. L Cleveland of Kensington was WE PAY 5% INTEREST ON YOUR SAVINGS SAVING Brings Independence Age reduces the earning power of the average per- son considerably. Now is the time to protect your future. A savings account with this Institution is a sound investment in later comfort and happiness. Open Daily 9 to & Saturdays Until Noon [NATIONAL PERMANENT 949 NINTH ST.NW. I UNDER SUPERVISION OF A Totals G motion plosion Atrcra; Rain Bronx ERNEST 1, DAVID G. WAKEMAN ENRY . Richmon d in New 4. C S.S. LEVIATHAN America’s greatest ship 2 Lo To BREMEN via Plymouth and Cherbourg S.S. PRES. ROOSEVELT | S.S. PRES. HARDING Thes: the already very low Third Class fa The United States Lines believes that thousands of Americans who are anxious to go abroad this year have only waited for fares to be reduced—in keeping with the times—before buying their tickets. With confidence and leadership characteristic of American busi- ness the United States Lines now LEVIATHAN sails April 26, May 17, June 7 to BREMEN, via Plymouth and Cherboura. PRESIDENT HARDING . . . April 13, May 11, June 8 PRESIDENT ROOSEVELT . . . April 27, May 25, June 22 to Cobh (Ireland), Plymouth, Cherbourg, Hamburg A Fastest Cabin liners in the world cellaneous e ubscribed and sworn ay County No. 1345. County 1 Queens County No. an Commission expires March 30, arke o2 JMS WRITTEN DURING THE_YEAR District of Whole Coun- otal Oc Motor | Earthquake Inland nav 9| Tand tion Tor sta 6t 21485 1:858.01 3.826.18 8,726 09 18.87 410 54 575.098 636,686 JESSE S. PHILLIPS. ‘President. before me this 1932 EDWIN SAFFORD, . Kings County No. 1948, Certificate filed 5. Res. No. 3 No. 101 " Res. o Certifical Westchester 5 Richmond No. 370, bruary, J. H otary Public. Bronx ed in New York County 950.67 +.551,068,680.47 NET PREMIUMS WRITTEN DURING THE YEAR. District of Total $12,720,099.47 399,475.29 753.096.09 28.693.38 415,471.59 $15,413, $81,529.09 D. R. ACKERMAN, Vice President. W, ot ALSH, Secretary. Subscribed and sworn to befor: Bew | 11th day ef Fe 1933, 9 a) o this County No, 31. Values of securities used in this state- t va es as extended are the [ Mment are the values as determined by the ed by the National Gonven- | National Convention of Insurance Com. e Commissioners. missioners. 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