davidaulloa/AmericanStories huggingface dataset:
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-25

Trail Of the Nigilsntes" WAS d.
rected bv the veteran Allan Dwsn.
Photographed by Joseph Valen-
tine and Milton krasner, noted
Hollywood cinematographers, the
film contains many picturesque
outdoor scenes made in the high
mountain regions of California.
Several Of these scenes. in which
Tone. Crawford, Devine, Auer and
Peggy Moran appear. are said to
have the most spectacular back
grounds ever transferred to the
screen.
Sharing the screen il Baby
Sandy feature titled, Baby Sandy
Gets Her Man"
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-25

Trail Of the Vigilanies
Shares Screen With Sandy"
Strong Supporting Cast Of Outdoor
Dromo Headed BY Warren Williom

Franchot Tone in the first western role Of ms career
stars at the head imposing cast IN the new UNIVERSAL
frontier epic Trail of the Nglantes which opens TO-DAY
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-25
Plugging For Gene!

NJ. {. stekeI, preAtdent of
Republic pictures, has urged
the Academy Of Motion Pic
ture Arts and Sciences 10 con
slider Gene Autry for nm
award. siegel pointed out that
the singing western star has
become one Of the most popu-
lar In the country. ranking
fourth IN 1910. VIII Rogers
WAS the only cowboy actor TO
win the award. =.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-25
A Neu FOursOnse!

Closing deal that will deeply
interest a listener audience Of
nearly Toe, 000, 900 radio fans. RKO
Radio Pictures today signed Edgar
Bergen and Charlie Mccarthy.
Fibber MCGEE and Molly, two of
the greatest entertainment teams
on the airlanes, to star together
in a biz budget feature film.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-25
BY PAUL HARRISON

HOLLY WOOD - While the
movies have been processing so
much interest in topical events
and national defense, it's astonish-
ing so little has been done about
the draft. After all this time, the
only consumption picture actually
in production Is Universais Buck
Privates," semi-musical embell-
ished by the clowning of Bud Alb
bolt and Lou Costello
You'd think the presidents sig
nature scarcely would have been
blotted on the selective service act
before squads and corps of writer's
would have been drafted by the
studios to whip up scripts on con-
scription AS matter of direct
or potential Importance to every
body in the United States. 1t would
seem a bit more interesting than
events in the lives of dead COM
posers, bandits, chorus girls and
other oddments of history and
fiction.
But at most studios, the press
agents were the only people
awake. They thought up titles
associated with rookie training
and announced them for produc-
ton, sometimes with tentative
castings and assignments of di-
rectors. In the past, pl an $
dreamed up by publicists to make
news on dull days have material
lied into actual pictures, and it's
likely that the ballyhoo boys
stirred some executive interest
this time.
ANY day now. Bob Hope will
begin acting in Paramounts
Caught in the Draft" In about
two weeks. 20th-Fox will start
Rise and Shine" But the fact is
that from mid-September until
this writing. the only studio that
got a script and cast into action
was Universal. Buck Privates" Is
nearly finished, will be in the
theaters before February. and
probably will make a million dol
lars.
/ have a bunch the vociferous
antics of Abbott and Costello are
going to make them very popular
in the movies. OF course may be
a sucker for low comedy. although
by some standards their hokum is
good many notches higher than
the smart smut which has been
cluttering the screen lately. The
idea of a couple Of veteran bur
lesque actors becoming opponents
of purity in humor is little
startling. but it could happen TO
anybody who worked three years
on Kate Smith radio show.
The skinny straight man and the
plump. auavery-voiced comic have
been partners 10 years however
since actors and stagehands at the
Empire theater in Brooklyn
laughed 20 hard at their furious
arguments Over a rummy game
that Abbott gave up his job as
cashier and joined the act. About
the same time, a couple Of chorus
girls got into a face-slapping bout
during rehearsal one day. Costello
and Abbott separated them. took
EN- to dinner for a peace confer
ence, married them.
Their first picture. made a few
months ago, was "one Night in
the Tropics" The comedians
watched the first four reels, skunk
out and grabbed a taxi for the air
port. In New York their plane
was met by q studio represents
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-25

Sothern. Slim Summerville in Gold
Rush Maisie
81 >SIT Tyrone Power. Linda OAR
nell in Brigham Young. Frontiers
man" also Ronald Reagan and
John Litel in Murder in the Air =
TENIrIE-Tyrone Power. Basil Rath-
bone IN The Mark OF Zorro" and
George Murphy and Brenda Joyce
~ Public Deb No. -
Liberty. Puyaliup-The Lane Sis
tiers IN Pour Mothers. also Warren
william in The Lone Wolf Keep
Date
RIVIERA. sumner - KAY KySer and
Boris Ksrlof and Bella Lugosl in
you'll Find Out"
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-25

In the picture with Tone are
Warren William, Broderck Craw-
ford. Andy Devine. hischa Auer.
Porter Hall. Peggy Moran, Samuel
s. Kinds and other well known
players.
Tone portrays an undercoVer
agent sent by q newspaper to the
frontier in quest of the murderer
Of A reporter. and his adventures
lead him into conflict with a gang
OF cattle rtIstlers.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-25

Bud Abbott, left. and Lou
Costello they skunk out
otter four reels of their first
picture, but Hollywood
called them back.
out OF a window for Dolores Del
Rio in The Trail of 'es." He was
short and slim in those days; now
he looks at lot like New York's
Mayor LaGuardia.
Costello gained quite an off
stage reputation as funnyman,
but Just as he won the promise of
an acting job the talkies arrived
and he was told his voice was UNI
fit for the new medium. He quit
and went back east to take the
place of young man named Joe
Penner. who was graduating from
burlesque.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-25
Ten Best" Winners,

was born in Los Angeles.
Jeanne admits she didn't see ~
many pictures last year a. she
would like TO have seen but based
her selections Of the ten best on
VIVA; she had read about them in
thu movie magazines, your re
porter's reviews and general con-
versation among the students at
school.
However. n won't be like that
In 1871 because jeanne will have
. ticket very shortly which viii
admit her TO any Of the downtown
theaters +. whenever she wishes
70 go.
second prize was won by
Mr.. r. W. Nysuist. 46l6
North e6th street.
Third prize win ~ awarded
20 A. \. Duncan Of 405 Cicve-
land stress, Hssuiam. Wash.
In fourth place we find Sam
Thompson who resides at 1918
South Yakima.
Fifth prize was won by Martin
8kreen OF the same address.
The third straight winner from
'1ucky 1918" was chet Skreen who
finished N sixth place.
Seventh place was won by Pa
tricia Campbell who lives at I'll
South TN street.
The last one In the money and
1ust under the wire was Eleanor
Ward. 40 South 36th street. She
won eighth prize.
The awards will be mailed to the
several winners just as soon as
they can be obtained from the
theaters.
And that brings the 1910
Tea Rs-st Pictures" poll Ia .
close. It's beea . Not Of fun
for yossr reporter who Wishes
h take this opportunity tn
osngvsiulate tn wiUners and
t. thank eseryone who partici-
pateA.
OF course there will he another
poll next winter the sixth this
newspaper will have conducted and
] hope all those who cast ballots
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-25
RICH is THE SETTING

One OF the most impressive set
tings ever built for the screen,
representing q millionaire's pa
latial estate on the Florida Gulf
coast, forms the locale OF much OF
the action in Orson Welles unique
picture for RkO. Citizen Kane.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-25

in the 1910 poll will he back for
more in 194i.
La gaceta., 1941-05-16
buaGab uAC0N VIII
Lydia {. PiEkaam's
Vegetable Compound Is
Real "WOma7's Friend!

sin duda esperanto impaciente-
mente a su colega.
En- su diestra tenia una pc
ouena y linda c~artera, de esas
de broche donde las gentes adj
neradas y opulentas guardian
los documentos y ell dinero.
Ell rostro de Raccieri irradi6
una inmensa algeria al yer a.
brirse la portezuela de aquel au
to y bajar a su amigo.
Antes de decirse NADIA, los o.
jos de los dos apaches Gambia
ron una intensisima mirada in
terrogante.
Pepino sonreia, con una SON.
risa larga y confiada.
Perc la sonrisa de CASTOR era
crispada, como 81 Sc helase en- a.
quel rostro de cinico elegante.
-bQu@?-inquiri6, al fin, Ra
cieri, en- VOC muy bsja, estre-
ohando la mano de su amigo
fOeFtGmsnts. perO con disimUlO,
La gaceta., 1941-05-16

sincere afecto, verdadero carl
no, y no quiero pensar que...
La Garces fingi6 emocionar-
Sc Nauoho.
Sc llev6 la mano izquierda al
pecho, como cuando hacia en- las
tabIas eli final de un tercer acto,
" dijo, cast ahogandose:
,-i0h, no no 10 quiera Dios,
CASTOR L.. IVA We listed 10 que
dicen los doctOres..., Y 81 ahora
extraen la bala!... mo hay o
tras heridas. por fortuna, y la
de la frente dicen que es ieve!
ia Dios gracias!
Joaquina Sc limpi6 otra lagri-
ma, mientras el false condo de-
cia:
70 estaria aqui, sonora, to-
davia; pero me hago cargo que
los hombres, en- estos casos, no
hacemos mas que estorbar. Me
vOy... y volvere dentrO de un
par de hOrNA
La gaceta., 1941-05-16
LOS PRIMER E
RES EN- LAS GRANDE Ii
GAS

Fran los primeros seis batea-
dores en- las dos ligas grandes.
hasta la maiana de hoy, los pc
loteros siguientes:
Vargh, de los Piratas, 30 hits
Y IA carreras, 395; Travis, de
los Senadores, 80 hits y 10 care
ras. 1894; Slaughter, Cardenales,
40 hits y 81 carreras, 1888; Gro
min, Medals Rojas, 20 hits y II
carreras, 1877; Siebert, Atleticos
SO hits y Is carreras, 9S4, y Jur
ges, Gigantes, "a hits y IL ca
rreras, 382.
Johnson, de los Atleticos, fl
gura en- la vanguardia de los jon
roneros de la Liga Aemricana,
con 7; lie siguen York, de los I'll
gres, y Gordon, de los Yankees,
con 6 cada uno.
Camilli, de los Dodgers, y OF,
de los Gigantes, aparecen empa-
tados, cada uno con z, en- ell pri-
lugar de los "jonroners" de
la Liga Nacinal. Sc hallan empa
La gaceta., 1941-05-16
Ell NEGRO MONTGOMERY
PELEARA HOY CON Ell
CAMPEON JENKINS

New York, mayo 16-Todo Sc
halla preparado para Ell comba-
te de hoy, en- la Madison Square,
entire Bob Montgomery, Ell p1gil
negro de Filadelfia, y Lew Jen-
kins, ell tejano campe6n de las
1876 libras.
Tendra Ell match un Unite de
diez asaltos, 10 que indica no pei
dera Jenkins la corona 81 el gla.
diador negro lie derrota.
Las peleas de campeonato, en-
Il Estado de New York, tiener
IN limite obligado de Is asaltOs
Los dos pGgiles PECAN con ex'
traordinaria e~fectviidad.
Dieron aver las apuestas ur
cambio y Ell dinero aument6 a ia
vor de Montgomery. En- horaS
de la manana de hoy 81 eti6picc
era ell favorito.
Algunos peritos estiman que
el tejano derrotara a Montgome
ry, en- este segundo encuentro
como lie venci6 en- Ell primero.
Green otros que 81 Ell negro
desarrolla toda su potencia f.
sica, a jenkins lie haran la cuen-
ia de diez.
La gaceta., 1941-05-16
OEPORTES
Ell PROGRAMA DE HOY EN-
BENJAMIN FIELD
PeleilIGs para mGntener la
GnimGci6n

No es de primer orden ell pro-
grama de esta noche, en- Beria-
min Field, pero ell empresario
LaMarque estima que mientras
no pueda disponer de mejcres
pGgiles, lie convene alentar ell en-
tusiasmo de la "afici6n' con pc.
leillas, que entretengan y nc
'cansen."
Esta noche, por ejemplo, figu
ran en- ell match" principal do;
jovencitos que Sc hallan a gran
distancia de la primera fila, pc.
70 que tienen amigos y partica-
rios en- eSta ciudad.
FRAME Thomas, un protegidC
de la empresa, Sc batira con Bill.
ly Murray, ell simpatico joveI
Gel Estado de Ohio.
Mr.. Thomas tiene mucho quC
aprender para llegar a ser VI
boxeador de merito, pero en- Ber
jamin Field, bien "defendido,'
ha logrado ganar cast todas sus
peleas.
Murray no ha sido derrotadC
en- Ell cuadrilatero de los Artille'
ros; pero los amigos de Thomas
aseguran que egta noche lie ha'
ran tomar Ell tren para Ohio.
La empreSa habla de enfron'
tar al vencedor con Carl Guggi-
La gaceta., 1941-05-16

te su pspel.
- Odette-Se dijo ahora, atra-
vesando ell jardin del palacete a
paso gimnastico-, nj aun supo-
niendo cue los guardias la ha-
yam hecho subir a un autom6vil,
habria tenido TEMPO de decla-
rar ante ell comisario o ell juez,
Demonos prisa, pues.
FL apache salt6 al primer
tranvia que cruzaba en- direc
ci6n al centric, y Glen metros
mas ALA desde la misma plata
forma, hizo sefa a un taxi, de-
teniendolo Y salt6 al suelo a pi-
que de estrellarse.
Sells minutes despues Sc apea-
.ba a la puerta del Banco Hispa.
no Americana.
Las manos, las piernas, le tenn
blaban.
Era Ell temblor febrn que pre-
cede a las grandes alegrias, a
las satisfsOciOnes lOcas cue ca
La gaceta., 1941-05-16

II Bier l-repuso, breve, Gas
ton. Vamos para adentro!
Solo ahora, al mirar fijamen-
tie a su amigo, observe Raccieri
que ell condesito estaba I'm POGO
palido.
Para verse libres de testigos
inoportunos, subieron a las ha-
bitaciones del italiano.
,-lQue? = reptile aqui este.
-ISuccess?
-Si-contest6 Ell condesito,
no queriendo confesar Ell drama
tan a boca de jarro.-;Jy tn?
ii va puedes figurarte!
-Pero... lsuccess, tambien?
II Mira
@Que?
Los fajos de billetes.
Il Has colorado?
Los dos cheques. En- el Gre
ditto la cosa fue de un instante.
Diciendo este, Pepino habia
alberto Ia Osrtera que QeVaba
La gaceta., 1941-05-16
TONIC TERCERO
LA MUCHACHA
DE LA GALE

drid.
J~oaluina Sc sonprendi6 mu-
cho.
d Que dice listed? o.. Use va?
-Si, sonora. Regreso a Paris
esta misma noche. Eulalia sabe
que me llaman mis- jefes, y no
tengo mas remedio que marchar
me.
FL apache hizo una leve pau
sa, suspir6, y dijo aGn, en- ell to-
no mas patetico que pudo dar a
su voz LENA y agradable:
Me voy, no tengo que de-
cirla a listed con que augusta,
despues de este que ocurre! 70
habia legsdO q tOmaF q EGalia
La gaceta., 1941-05-16

ESQ lie iba a preguntar a
listed. 81 lie veremos por aqui to-
davia antes de maroharse.
Ii Naturalmentel iPor Dios,
sonora !-fingi6 esoaniRli7arse
ell condesito.
ia que bora Sc va listed!
-Creo que ell tren sale a las
ocho. e mel expreso de Irdn.
-Hasta luego entonces-di-
10 la Cares, tendiendole de nue
vo la mano-. ~ perdone que
no salga!
-iPor Dios, sehora! h.. IA sus
'piesl
Joaquina volvi6 junto a la
cana de la herida, al tempo que
CASTOR salia de la alcOba.
La gaceta., 1941-05-16

~ VIZ fm 49,
no, pero los expertos 90 rten q
mand6ula bSAte 7 dtnen: q
otra brorna ms E Frank. :
Thomas Mufrzy son bOUoa-
dores de junto q Ia cola, cornpa-
radios con Ell "pelirrojo" del ba.
rrio de Ellinger o Roberts.
Jimmy Lowgry tratara de ver
Ger a Andy Todd, de Jackson
vile, en- ocho asaltos.
Tambien sc ha resuelto que
combatan, a oCho asaltOs, estaS
dos pareas: Allen McCorvey y
Jimmy Mayhem, Y Jose Caballe.
no Y el sargento Brown.
iPrometia hoy ell sargento que
las "mulillas" serian llamadas
para recoger al espanol.
La gaceta., 1941-05-16
LOGIA IDEAL NO. IS

Sc eta a los miemtros de es
ia logia, de la Independence Or
den de Cdd Fellows, para la te.
nida de nominations que Sc We
rificara en- la noche de hoy. A
demas Sc conferira ell primer
grade a varies candidates.
Ruega Ia a~sistencia de TODD,
,al secretario Heriberto Souto.
La gaceta., 1941-05-16

oen en- ell coraz6n y lie ponen a
punto de estallar.
DE la astucia que ahora desa.
rroIlaran @l y su brillante capt.
tan, ell no menos ilustre Pepino
Raccieri, dependia para STEM
pre- la salvation o Ell fracaso de
suS vidas.
Como d sospschaba, Papino
no estaba va en- ell Banco.
iHabria cobrado ell cheque
famoso?...
An en- case affirmative, que
orillante pcrvenir les esperaba!
iCasi un million de pesetas,
que pasaria de esa cifra con 10
que importaban los otros dos
cheques t..
FL condesito salt6 de nuevo al
taxi, ordenando al ehofer lie lie
vara al hotel de Pepino.
O.
"a italiano estsba en- Ia mis-
ma puerta del e~Sta6ecimiento,
La gaceta., 1941-05-16
LIGA NACIONAL

Los Rojos de Cincinnati con-
tinGan en- la segunda division Y
aver "explotaron" en- ell noveno
inning, ganando los Phillies ell
partido.
Los peritos creian que ell jue-
go va estaba en- ell "refrigera :
dor" de los encarnados, pero los
bateadores de Filadelfia pega-
ron varios hits y hicieron cua-
La gaceta., 1941-05-16
LIGA AMERICANA

Los Yankees humillados de
nuevo, por quinta vez consecuti-
va, fueron derrotados aver por
los Medals Blancas de Chicago.
Dispararon jonrones Joe Kuhel,
Taft Wright y Billy Knickerbo-
La gaceta., 1941-05-16
lie HICIERON UNA 0FERIA
A BARTELL

Detroit, mayo 16-Desrealo,
por los Tigres, haze pocos alas
Dick Barteil, el eterano S. r.
cibi6 aver una oferta de los G.
gantes, la cual acept6. Tamoiel
lie hicieron cfertas otras dos nc
venas.
Bartell tiene SO amos y jug
con los Gigantes entire los amos
1885 y 1888,
La gaceta., 1941-05-16

Los Braves superaron aver a
los Cardenales, en- un desafio en-
e. que participaron siete lanza-
dores, por las dos novenas. La
mamma fue 81 pitcher vencedor
y Shoun ell apabullado.
Boston &c, 14h, De; San Luis
&c, 12h, De.
La gaceta., 1941-05-16

Con NewhouSer N la Homi-
ia" v~encieron los Tignes a los
Atleticos. Pogo Ell Detroit 18 hit
y con ellos hizo diez carreras.
Pat Mullins bate6 un tribey, un
tubey y dos hits, en- seis veces al
bate.
Detroit 10c, 18Th, De; Filadel-
fla &c, IN, De.
La gaceta., 1941-05-16

Bob Teller entr6 a lamar en-
el noveno inning, sustituyendo a
Heving, que a su vez habia sus-
tituido a Milar, y contuvo a los
bateadroes de los Medals Rojas,
salvando el juego. Ell triunfo sc
le concedi6 a Milnar. johnson
tuvo la mala suerte de perder el
desafio.
Cleveland &c, 11h, De; Boston
&c, Oh, Sc.
La gaceta., 1941-05-16

Los Senadores solo lie dieron
un hit a Galehouse y no lie pisa
ron la "goma." Jimmy Bloods-
worth descarg6 Ell dnico "jilote''
de la novena de Griffith. Con 9
hits los Browns entraron siete
wees. Pitcher vapuleado: Chase
San Luis &c, Oh, Sc; Washing
ton DC, In, lie.
La gaceta., 1941-05-16

Los Gigantes vendieron aver
al club Sacramento, de la costa
del Pacifico, los servicios de
Paul Dean, hermano de Dizzy
"Pimienta" Martin es Ell direc-
tor de esa novena californiana.
La gaceta., 1941-05-16

Contuvo ell veterano Schuma-
cher a los Cubs, dejandolos en-
seis hits y una carrera. Con 8
hits, los neoyorquinos produje :
ron dos carreras.
New York &c, Oh, lie; Chicago
1c, Oh. De.
La gaceta., 1941-05-16

tados tambiea, en- q aeglnCo
puesto, con 6 cada uno, Nchcl-
son, de los Cubs, y Walker, de
los Dodgers.
La gaceta., 1941-05-16
IN ONCErA

ire carrerae mas, las que Aecesi-
taOan para vepcer.
Filadehia sc, 10h, 1e; Cincin-
natl DC, 1Gh, lie.
La gaceta., 1941-05-16
TOME

Para pintar mejor su
casa, compre la pintura
z. L. P, vendida exclu.
sivamente por K ing
Hardware. ga. avenida
y Gale Is.
La gaceta., 1941-05-16

,her. Smith gan6 81 deeafioy IA
lerrota 90 lie acredit6 a Bonharn
Chicago 13c, 14h, De; N. York
lc, Oh, 2e.
La gaceta., 1941-05-16
FL condesitO iba febril.

III NOHueoltO lDd lSDEM.
Ahora Sc trataba de ganar es-
tos veinte o weinticinco minutes
que habia perdido junto a Ia he
Tida, fingiendO maraviIIOssmen
La gaceta., 1941-05-16
la GACETA

a psri6dleO en- ldiOlnA ESPAAol
10 mas circulaci6a On Tempe
La gaceta., 1941-05-16

Subscription semanal: 20 c
,SOS "a. Ave-, YbOr City, Fla
TsISfono Y 1892
La gaceta., 1941-05-16

VietoEianO Manteiga, Editor
La gaceta., 1941-05-16

"a italiano estsba en- Ia mis-
ma puerta del eSt&Recimiento
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22

THESE two HORNED products to make big hit
with you time and work savers. What's more it's
fun to how many different delicious dishes
make with SPAN. And thrilling prepare Chill Con
Carne that will bring cheers from every member of the
family At all leading grocery, meat and food stores-your
cue is SPAN and HORNED Chill Con Carne.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22
Alaskan Afraid
To Leave Hotel
Informed Truins
Don't Stop Here

Plight Of an Alaskan sourdough
nnsrooned in a Seattle hotel ana
beset by traffic terrors was re
vesled here Friday.
The victim was Ole q Twedt.
erzzled veteran Of the northlsnd.
Twedt related his fears in a letter
70 Mr.. and Mrs. Clarence knight
Of Juneau. Alaska. who are visit
ing in Tacoma with Or. X. A.
Pickert.
Twedt confessed he has been be-
having since his arrival in Seattle
three days ago. The reason. he
admitted. is because he's afraid to
leave the hotel.
He ventured out once. he said.
and nearly had an eye jabbed out
by womans umbrella. Then a
car nearly ran him down. Twedt
decided to try Tacoma. but re-
ceived information trains never
stop in such small towns except
ing on special occasions.
Despairing. he was considering
hiring rowboat in a last effort
TO reach Tacoma. suggesting to
the Knights that they hang an
old shirt or handkerchief on a
pole on the beach near where you
live so I'll know where to land"
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-03-22

and, in making these investments, the Com
psny has helped TO provide the people With
electric, gas. water, communication and
other services.
L4grs ana Small Lesns.--Most Of the
corporations whose bonds arc owned by
the Company arc relatively large because
so many small borrowers do not or cannot
issue bonds which arc eligible or praetl-
cable a. investments for a life insurance
company. This Company. however. makes
many mortgage loans and policy loans
Most OF the policy loans are for small
smounu Mortgage loans are made in both
small and large amounts. An examination
OF the Mortgage Loan Portfolio. which in
cludes loans on business, residential and farm
properties. shows that at the end Of 1870 the
Company had os its books 1I.74I first mort
gage loans on real estate. which, lcss reserves.
amounted to about f47o,ooo,ooo. About 81
per cent OF these mortgage loans, that Is
1890. we're for less than sic.coo each and
aggregated over sIi7poo,ooo. About 10
per cent OF the total number Of sueh loans.
that Is is,g1s, were tor less than Is 600 each
and aggregated over tbo.ooo,ooo. About
f7o,ooo. 600 Of the Compsny's real estate
loans were flIAInsured mortgage losna
sioetf.--The Insurance Law Of the State
Of New York docs not permit life insurance
companies 10 invest IN common stocks. A %
result they cannot legally provide equity or
partnership capital, either Tor big business OF
for small business. Ho~ever. they are per
united to invest IN preferred and guaranteed
stocks which measure up To certain legal
requirements. This Company's holdings al
sueh stocks. which provide additional funds
for industry, amount 10 about fgo,ooo.ooo.
All things considered. IL is apparent thar
the assets OF the New York Lie Insurance
Company arc at work not merely TO producs
= return but also 70 do their part in adyane-
ing both economic and social progress