davidaulloa/AmericanStories huggingface dataset:
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20
Valuation for Port Bonds
sl1,OOO,254
Valuation for Road Bonds

Valuation for Road Bonds, Lincoln
County: S11,O0O,2 ,254.OO; So allowance,
$3.50, 0,01324; issued to date, $3.50, ,O0O. 90 I;
per cent issued, 27Go.
The above will prove to you MR..
Farmer that you are not giving your.
self square deal, while on the other
hand your Port Commissions are do.
ing everything they can to improve
Lincoln County and develop it's re
sources so far as water transportation
= concerned, in addition your Port
Commission is constructing in con.
junction with the Government on q
$3.50 basis which will load the main.
.enance on she shoulders OF the Gov
ernment. Why not construct our Roads
n conjunction with the State on a
1880 basis and let them take over the
maintenance and the responsibility
for the construction.
Vate for the bond issue Of S343,24O.
for good rsads on June 7th and Lift
Lincoln County out Of the Mud
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20

Our Sunday school is preparing for
the S. S. Convention on May 1929.
Everybody in town should attend and
make the meeting a success.
Last week tourist at Yachats dug
into one Of the Indian mounds near
Yachats and found box of silver
coins amounting to more ahan $500,
more than quart of beads and other
relics. The shell mounds near va.
chats are one OF the wonders of our
coast II ever the Roosevelt highway
is completed, Lincoln CounIy's coast
will be one OF the beautiful scenic
sbts of the U. S. For recuperation,
fishing. hunting. gathering agates
boating and viewing the ocean wond-
ers, our coast is the grandest in Ore
gon.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20
METHODIST CHURCH

SundaySchool, Sunday, at 10 o'clock.
Services Sunday morninglat ten o'clock
and eight o'clock in the evening.
Epworth League Sunday evening at
seven o'clock. Lillian Stratton will be
the leader.
Don't forget the meetings that are
being held by Evangelist Breymer
every evening at eight o'clock. Come
and hear him.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20
SOUTH BEACH

Frank Hall was in South Beach last
week.
Mrs. DIR. Minihorn and Miss Greer
OF Newport spent Saturday with Mrs
Lynn.
DR.. Belt passed thru South Beach
Saturday.
Margaret Ewing returned from To
ledo Saturday.
John Moore was in South Beach Sat
urday.
Mrs. Sam Smith went to Newport
Monday.
Margaret Ewing went back to Toledo
Monday noon.
Mr.. Dozier's horse is improving
nicely.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20
AT THE MOVIES

Tonight, one night only. J. Warren
Kerrigan In the drama mo. 99", aha
a "Snuo" Pollard comedy with tha
little negro boy. 30c. l0c.
Saturday. Musical Reading by
Edith Young; Comical Sketch by
Opal ORGY and Viola Turner; six reel
drama. Natural Law" also Ford
Weekly and l reel comedy 35c. 1bs.
Sunday, drama Natural Law" Ford
Weekly and Comedy. 30c, 10c.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20

and Mr.. and Mrs. Castle are rejoicing
over the advent of an eight pound
baby girl brought to their home on the
18th. Mother and baby doing we'll
The new conner was chris tened Mary
Jane in honor of Mrs. Joseph Bryant
This new arrival brings a sister to a
family of four boys.
Born, to Mr.. and Mrs. Geo. Miller
May 10th, fine ten pound boy. He
was christened Everett Louis by his
sister Margaret, because he arrived
on her 18th anniversary. Mother and
baby doing well.
Guy Keller and James Robertson Of
Corvallis have been visitors at Siletz
several days on business. Mr.. Keller
says he will move to Eugene in a short
time. He says Eugene is the prettiest
town in the Willamette Valley.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20
TOLEDO HIGH SCHOOL

The annual play will be produced in
the Ross Theater next Wednesday
evening. The performance will begin
at 7:30 p. NJ. Everybody is invited.
You'll regret it all the rest of your life
II you fail to see "Higbee of Harvard" "
Wednesday morning, the Sophomore
Class held Candy Sale in Mrs Bar,
ber's room. The proceeds will 20 to-
ward paying for the Armenian orphan
they have adopted.
The Senior Glass interpreted few
Interesting scenes from the tragedy,
Macbeth" in the Thursday assembly
period. Who knows what dramatic art
may be developed from the Class '2l d?
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20
THE FARMER VS..
THE LUMBERMAN

There are five different kinds OF
inland Transportation these are re-
erred to in technical terms as "Me-
iiums of Haulage."-
Steam Railway,
Electric Railway,
Inland Waterways,
Motor Vehicles,
Horse Drawn Vehicles.
The last three are of interest to
the Taxpayers of lincoln County be.
cause they issue the bonds which pay
for them.
Inland waterways are distinctly the
medium of haulage for the Lumber
Ind Commercial interests, while
Motor. and Horse drawn Vehicles must
be provided with Roads which Is the
medium OF haulage for the Farmer.
Let us make a comparative statement
Gs to how much Is being spent on both
and see whether the Farmer Is CIV
ING HIMSELF square deal.
Bonds for the Improvement Of your
Inland Waterways are issued by your
Port Commissions, and do not have
TO be referred to the people for their
approval, while on the other hand the
bonds for good roads must be ap.
proved by the voters. this places the
matter Of road improvements not only
n the hands of the farmers but also
gives those interested in Inland
waterways the right to vote for or
against them, while those interested
in good roads have no voice In the
matter. Of issuing bonds for Inland
waterways. Both issues are based on
he same valuation but the Port Com.
mission is allowed to. issue bonds up
TO 1919 Of this valuation while good
'oad bonds can only be issued up to
SO.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20
CHITWOOD

r. r. Wilson made a business trip
TO Newport Tuesday returning Wed
|necday.
(. II. Dwinell came in from the Va,
leg Monday.
School closed for .hC term last
Thursday, May II, with an all day
picnic. Many people were present, all
having a good time and lots OF gond
.hings for dinner. The Term of school
just C'osed has provsl % be a yorv
sl'. essful one, and tie teacher, Mrs
l.sn ence Mcbride iz oEH Of the best
teachers we have ever nal
Mr. and Mrs. John jacobson Of Pi.
onee1 were here SaturdaJ.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20
CHAMBER OF COMMERCE
TO GIVE ENTERTAINMENT

The Chamber OF Commerce OF To-
ledo and vicinity will give an enter
tainment and dance, Tuesday evening,
June 7th, the money to be used IA
defraying the expense Of furnishing
the Club Rooms Election returns will
be received during the evening.
The committee in charge OF ar
rangements are: Renus Arnold, Annie
Hawkins, Mrs. Fern Hayden, Mrs. P.
Frederick and w. X. Patterson.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20
cHITWOOD
ITO late for last week,

Mrs. w. johnson made trip ao
Corvall..T and back few days ago.
Mr.. and Mrs. A. B. Dwinell made a
trip 10 Toledo Monday.
Mr. and Mrs. ]. r. Siyli left for Nor.
tons Wednesday, moving their house.
hold goods. Mr.. Slyh expects to work
on the railroad at that place.
Landie Abercrombie of Harris is Wis.
iting friends here.
Mr.. and Mrs. w. N. Cook moved
back to their ranch few days ago,
after being absent from it for year
or two.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20
NEW HlTCHINC RACKS

The city Council has the new hitch
ing racks at the northeast corner of
Fifth and Hill streets now ready for
use. This is something that as long
been needed in Toledo and will be
greatly appreciated by the farmers.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20
LEAVE FOR TRAINING CAMP

Lieut.. T. A. Rice accompanied by
Harry Johnston, f. F. Altree, W.. A.
Cooper and X. H. Hayden departed
Sunday for Fort Stevens, at the mouth
Of The Columbia. where they will at
tend officers training school this week
They will arrive home this evening.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20
BIDS WANTED TO
FURNISH WOOD

Bids for furnishing 40 cords Of wood
at the High School building and 26
cords at the Grammar school building
will be received until Thursday, the
9th day OF June, 1921. l.. M. Starr,
Clerk School District, No. 2.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20
SENIOR CLASS
WILL GIVE DANCE

The Senior Glass Of the Toledo High
school are arranging for q big dance
ut the Club House tomorrow evening,
20 raise funds for the starving Armen'
ians. They promise all good time
and the money goes for a good cause.
Better 20. Tickets $1.00.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20

teacher, and Miss Fannie Coskella
were visitors at Parmeles the 18th, and
watched MisG Esther Niemy make
cheese.
Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1921-05-20

The Portland Fair will be held in
1925, your relations back East will be
there, let's clean up to receive them.
New-York tribune., 1921-12-26
A Remarkable Year-End Sale of
$500 Yards of Satin
Charmeuse
$1.69 Yard

A beautiful all-silk satin, with
lovely finish and a quality that
wears excellently. 1t is 20 in.
wide, in street and evening col
ors, with plenty Of black. Only
a special purchase permits us to
put such a quality at this re-
markably low price.
A. 4 s.-street Floor West
New-York tribune., 1921-12-26
To Reach A. & S. by Subway

Take the B. r. 7. Subway to DeKalb avenue
pending completion Of Lawrence street station
Or lnterborough Subway to Hoyt street, with
direct entrance to the store from the station
and with the A. & S. Crossway, which avoids
the surface traffic on Fulton street.
New-York tribune., 1921-12-26
1,2OO Mems D0met Flannel Paiamas. 81

.4X
drayn
secueu
domeha
ar ri 4~"
New-York tribune., 1921-12-26
WOmen's
Silk Stockings
$1.98 Pair

If you didn't get silk stockings
for Christmas-here are some
extremely good ones at nice
low price. They are ingram
silk, black and brown, some with
all-silk tops, some with mercer
lied tops and soles.
A. 4 s.-Strset Floor. Central.
New-York tribune., 1921-12-26
Sales and Qearances Prevail THROUGHOUT the Store
The Great January Sale of
EIS-PlLLOW CASES LINENS
BLANKETS -FLANNELS-WHTTE GOODS

okhnh
is
specially purchased. but whatever the nnaveu
New-York tribune., 1921-12-26
SHEETS-PH.LOW CASES
MUSLINS

Beached Sheets-S1 by co. size before hemming-very
special; each .................... 94c
"Blue Valley" Sheet-soft finish beached muslin: con-
tain no starch; 81 by 80 in. before hemming;
e"eh $l.39
Hemmed Pillow CaseS-soft finish, bleached muslin size
Bleached Muslin-36 in. wide; yard. d.......... 12hc
Unbleached Muslin4O in wide, strong closely woven
Standard brands of sheets, pillow cases and musins
closely priced
stresty East
New-York tribune., 1921-12-26
FLANNELS
WHITE GOODS

Novelty Check and Plaid Voe-for dresses or blouses
80 in; yard ......................24 24c
Cord and Satin Stripe Shirtings-32 in wide yard 35c
Soft Finish Long Cloth-yard wide. fine quality 10 yard
peCe $l.65
NanSook-yard Wde, Tor lingerie; yard .28c
Ycow
New-York tribune., 1921-12-26
DECORATIVE LINENS

Italian Embroidered Luncheon Sets-Fet and Embrod-
cred Scarfs, Sets and Table Covers-one of
kind OBSERVATION-DISCLOSURES. $14.5O to S145.5O
Formerly $24.95 to $2795O.
All Linen Hand Embroidered and Scalloped Madeira
Luncheon Napkins-half dozen. ...........' S495
Hemstitched All Linen Satin Damask Napkins-6
S3.SS
batn Mats nc to $1.97
Subject to slight mill imperfections otherwise SO %
Turkish Bath Towels-wth slight mill imperfections
44c and SIC
A. East.
New-York tribune., 1921-12-26

COMFORTABLES- LES-BLANKETS
White Crochet Bed Spreads-full size, hemmed. . 81 n
White Satin Finished Bed Spreads-an odd lot reduced
10 ....,.................. SITE
White Crochet Bed Spreads-large size "a by "a in-sof
finish, hemmed ..................... 49, 81
Figured Quilted Skoine Covered Cotton Filled Com
fortables-full size. ACKNOWLEDGEMENTS. S3.5l
Wool Filled Comfortabes-covered with figured saeen-
in. border. Observation-Disclosures. S5 a
Part Wool Grey Blankets-60 by 80 and 66 by 80 in
ABOUT halt price, pair. r.......................S .S7.5
All Wool Bankets-full size 70 by 80 in in plaids o
white with pink or blue borders; pair ....... S10.9
A. Floor,C Contra
New-York tribune., 1921-02-17
u. S. Steel Has
ss2O,UOO,OOO for
Foreign Credit
IN. !
Directors Authorize Sum TO
Help Buyers i'm Other Ma.
lions TO Purchase Here:
Exports Good. Says Gary

4ne United States Steel CORPORATION.
IN order to stimulate buying Of it's
products abroad, has been authorized
py tne directors to extend credits TO
foreign customers up to $40, 900 900, &C
cording to Ebert II. Gary, chairman
OF the board, who said yesterday that
TINS method Of encouraging foreign
trade had been going on for some
time, Owing to its strong cash posi-
ton it is also understood that the
Steel Corporation has been selling to
domestic consumers on deferred pay
ment or open account basis.
Judge Gary said that the corpora
ton had extended credits to buyers in
@anada, Mexico, China, Japan, South
American republics and Africa. On the
general subject of foreign business he
said that the exports of the corpora
tion. are holding up and stressed the
need for private enterprises to assist
foreigners in buying American goods.
Concerning prospects of foreign
competition in the steel business the
head of the Steel Corporation declared
that if wage rates hold up to the pres
ent levels there is little fear that Eu-
rope will be a serious competitor, but
If low rates of pay again come into
existence, as prevailed before the war,
he thought that there ought to be q
reasonable tariff to protect American
manufacturers.
Regarding recent cuts in prices by
independent steel makers Judge Gary
doubted that they have increased their
sales to any material extent.
con the contrary" he said, "I think
they have been the means of decreas-
ing the grand total Of sales, Of
course a mswafacturcr may sell a
small quantity Of goods by making a
material cut, but he will find by the
end of the year he has not gained any
thing by it,"
Subscriptions TO common stock Of
the Steel Corporation under this years
plan by which employees may sub
scribe at ss1 share were the largest
on record, according TO Judge Gary.
He said that on January 81 there were
$4,000 holders of the common and
preferred stock and that 66,6oe en-
holders
New-York tribune., 1921-02-17
The Days Bond Market

The Tribune prints each dGy the
maturity dates OF oil octipo bonds quoted
on the Ne1o York Stock ESchdngs. The
return, o,. q bond TO the inuestor depends
Upon three factors; the rate Of interest
the security bears, the mcrlet price,
and the distance of the maturity date.
To figure tho precise yield on bond It
is necessary to use yield tables, bnt the
approximate yield car roughly be figured
out by the following formula. D'o'de
the closing quotation on bond fnto
the rate Of interest it page, and thc re-
suit qgt,t be the annual return. II the
bond IS selling bolOso par yo~ &'ust
aLoaD also for the appreciation of the
principal. To do this sttbtruot the mar
kst quotation from par, or 400, and d.
ride the remainder by the aamber of
YeGrs the bond has TO run before mo-
furity For e9amule, If a 8 per cent
tond is selling at 80 and has ter gears
TO run, the o&nual return tcill be Gee
per ceat The difference bsttoeen par
and The market prize 1cill be 10 potnte,
subtracting 90 from 100. DsVid4ng ten
points By ten gears the quot&ent 20iU be
/. This figure is to be added to 6.66,
qchicb is the dnnual return, and the re-
suit 7.66 per cent, qciU gjge goW the op-
prOrimqte yield.
New-York tribune., 1921-02-17
X e public Steel
Earns $40 a Share
On Common Stock
Recovery From SLAB Re
turn i'm 1919 Shown In
Annual Report; Gross
Volume More i'm 1918

Net profits of the Republic iron &
Steel Company for the calepdar year
1920 amounted to $7,616,522, which,
after preferred dividend requirements,
was equal to $19.06 a share on $29,s20-
500 outstanding common stock. This
compares with only $1.43 earned on the
common in the preceding year, and
$22.c2 share earned in 1918.
The annual report issued to stock
holders to-day shows total profits last
year of $14,174,l63, compared with
$5,031,S3S in 1919. Total deductions for
depreciation, depl4tion, taxes, interest
and inventory reduction of inventory
values were $6,557,641. After dividend
allowances there wa charged to sur
plus $506,922, on account of 1917 taxes,
leaving final surplus of S3,560.600,
and total profit and loss surplus at the
end Of the year Of S37,a41,571.
John A. Topping, chairman of the
board, said in the report that sales
were on an increasing scale up to and
throughout the third quarter of the
year, with resulting higher prices.
Late in the year." he added, there
was sharp decline in the demand for
our products, both at home and abroad,
which was general condition affect
ing not only steel, but ali other COM
moditics This situation precipitated
cancellation of orders and heavy con-
traction in our business, with the re-
suit that the earnings for the fourth
quarter we're not only affected by re-
duced shipments, but also by losses
due 80 shrinkage Of inventory values
and other adjustments, all Of which
are reflected in our income statement
fer the year"
The gross volume Of business done
by the Republic company in 1920
amounted to $75,342 PIG, compared with
s45,872 ,344 in 1918, and $75,224,11o in
1913. Untitled orders of finished and
seml-ss.::slhed products at the close Of
the year aggregated 1905 tons, con-
trasted with 369,52. tons on December
81, 1919, and 143,383 tons at the end
of 1918. Unflled orders of pig iron
we're 35,772 tons, compared with 96,-
855 tons at the end Of 1919.
New-York tribune., 1921-02-17

70 $oo.oootooe. the exchange Of Sl2.Eoo,-
900 preferred stock for an equal amount
OF corumon stock and the declaration
OF 20 per cent common stock divi-
dend, to be participated K By both
common and preferred stock, has bsen
postponed until March ..
This matter was scheduled to be
acted upon at yesterdays snnual meet
ing, at which directors were re2iecEed.
As required by the New jersey
statutes the holders Of swo-thirds OF
both classes common and prefer ed
stocks have not yet signifed their In
sentSon Of ratiSying the plan.
+. n Hoffstot, president of the corr
pany. says all the directors have ar
proved the recapitalizetion plan and
that the management has proxies for
more than two-thfrds of the outstsnd-
ing $4,000 shares of common stock.
the holders Of which will raelfy the
proposition, but less than two-thirtss Of
the. outstanding preferred atocl.
However, We expect chat the plan
VIII he formally ratified al tks nexe
meeting" he @16ea.
New-York tribune., 1921-02-17
Pressed Steel Car Co.
Earnings Drop so p. C.
Return ON Common Equivalent
to 1925 q Share, Compared
to- S27.12 i'm Previous Year

Surplus, after charges and taxes, Of
the Pressed Steel Car Company for the
year ended December 81 was s.. .53t :
s05, equal, after preferred dividends. to
s13.25 share earned on the sl2,5oo,-
600 common stock, against $4,2e5,2 ,232,
or s27.12 a share, in 1919, IL was an-
nounced yesterday.
Profits, before deduction Of deprec;a-
tion, etc, amounted TO s3,1s427f, a de-
crease of s2,1443 So The surplus for
the year was $3.50, sos, increasing the
profit and loss surplus TO sl5,120 SEQ
Action on the ratification Of the
Pressed Steel Car Company reeapitali-
cation plan, including the increase In
the authorized common stock from So.
100000 common stock OF sioG par value
New-York tribune., 1921-02-17
Days New Issues

Subscriptions to the SEA 100000 twen-
ty-year per cent Republic of Chile
fund gold loan were reported
yesterday to have closely approximated
$ao,o00.000, and the closing Of the
books was looked for before the end
of the week. Subscriptions came in in
fairly heavy volume yesterday, and it
was stated the reception accorded the
loan was more than satisfactory.
The Canadian city Of Toronto is
calling for bids on $3.50 900 seriaI
bonds on account of the ACQUISITION
and rehabilitation OF the Toronto Rail-
way Company, and $2,537,0oo serial
bonds issued for school purposes. The
bids will be opened on February %,
The next big piece of railroad financ-
ing is expected to be the sale of $50.
100000 of Chicago, Burlington &
Quincy ffty-year bonds, in connection
with the Northern Pacific Great North
ern joint issue of Burlington collateral
q per cent bonds of $2I5, 100000 ma
turing in July. 1t is thought that the
interstate Commerce Commission will
lose little time in rendering its de-
cision on the Burlington's application
to capitalize a part of it's surplus.
Rlyth, Witter g. Co have purchased
and will offer shortly S7,50o,ooO Cen
cral Petroleum Corporation ten-yesr r
per cent bonds, This company engages
in the production, transportation, REIN
ing and distribution of petroleum and
its products in California.
L. NJ. Grant 4 Co are Offering
g new issue of $963,0oo Maricopa
County, Ariz, 513 per cent gold
bonds. Bonds mature from June 10
1880, to 1949 and are offered by the
above bankers at prices to equal 6 per
cents basis for 1e20-'35 maturities, 5b
per cent basis for 1e36-'4o maturities
and 5A per cent basis for 1941-'49 ma
turtles.
New-York tribune., 1921-02-17
Sleel Buying Il Below
capacity of the Country
friee Iuts Clinch Urgent Bust.
ness, but Postpone Purchases
That Can BE DeIaxed

.tpsts.. TN developments in the steel in
ifs6'ss i,sor.s Indicate that buying is dropping
~" ohe-iourtn of the countrv's
Sh;ay eJpsg'ly' according to The Iron Age,
ins. O" says that changes have brought
iaI m what was expected.
tno.s rive cuts have clinched business
eb'! 20 De urgent" the paper SAYS,
NIL ~ nave postponed those purchases
ba;n a,on could be held back for the time
ssoas,' AS natural, wild rumors are
~ "a a of quotations much below those
NO. aISuai transactions and lowest de-
RoaI1tole Rsnlaole prices are difficult to name.
oOauhgs have been made at the Steel
fGrJuIpl0I.altion,s levels, but also at prices
'uly 70 under these.
". ,'u'catlons are that iron and steel
IL, De gradually receding for
'D' next few weeks, but the general
s1s"s are looked On with favor as
S1aiseHing the detern, ination of the
, oas,S rom which healthy normal de-
nand will spring. The time element
suitea ,tsH Tor complete REIMBURSEMENT
stimulus. ''''' W any "As''4e's'-
), additional wage reductions, notably
Pr per cent in the Youngstown district,
.OaF!bute to the movement, but there
sts., te ,ehecks beyond the control of the
,sS 1el tfade In the fixed coal mine wages
nv TSa.1 sne high railroad freight rates.
rSss Ssse need to enter the reckoning of
NJ. Ts Is the rational buying level"
a., ."s % IRON Trade Review to-day will
t;sa. ~ The Steel Corporation plants con-
SinI sJe 20 quote prices So TO $40 per ton
s2sae saef than their competitors in a
,s;as S,aper Of finished products and are
hnaH aHpiag actively against large order
ss I'VE On that basis. Subsidiaries report
ssasellahons s,s or suspensions, due 70
5sss 5ssf prices Of the independent makers,
e been negligible. Nevertheless, it
vi apparent independent mills as g
Il ~ asee receiving larger fraction
s.e gong new business than recent
was the case"
New-York tribune., 1921-02-17
N. Y. Life Insurance Co.
Gains 200, 1000 Members

More than 100000 new members were
added TO the New York Life Insurance
Company in 1920, according to the an
nual report issued yesterday, bringing
the years total new business to s693'-
979, 400. Dividends, that is,. money re-
turned in excess Of actual cost,
amounted to S37,446,654
The company paid out to beneficiaries
S35,453,758 and to living policy holders
$685. ,s3S, the total being s1l4,849 ,597.
Real estate and mortgage loans Of the
company in this state were placed at
state investments at SIRE, 7e5,472.
slightly more than the policy holders
share OF the invested funds of the
company, which amounted to $751;