oc-plain-dealer 1921-05-10

PUBLIC UTILITIES NEED NEW MONEY PASADENA, May 10—A minimum of $700,000,000 in new money invested in public utilities, will be the requirements of California for each increase of 1,000,000 inhabitants in the state, is the statement made by John Willis Baer, president of the Union Banks of Pasadena, upon receipt of information from Senator Calder's committee on reconstruction and production in Washington. After a searching inquiry into the various conditions bearing upon the national housing situation and the country's industrial production, the committee finds that the business of public utilities has outgrown their present plan facilities owing to the inability of the companies to finance improvement and additional service demands. Dr. Baer said: "The committee states that prior to the war it is estimated that the normal annual requirements of electric railway, gas and electric light and power companies for extensions, betterments and improvements throughout the United States was about $500,000,000, proportioned as follows: electric railways, $250,000,000; gas companies, $125,000,000; electric light and power companies, $125,000,000. "The committee finds that for four years over 40 per cent of such betterments only have been leaving an accumulation of about $1,200,000,-000. If to this sum is added the $700,-000,000 required alone for service to new residential buildings held in abeyance, a total of approximately $2,000,000,000 seems necessary for the public utility program in the immediate future. "During the past census period the increase in population of California totaled 44.1 per cent, or 1,049,312. This means, taking merely the national average, as a basis, that if during the next ten years our population increases only at the same rate as it did during the war decade, the California requirement for money would be $840,000,000." But Senator Calder's committee station Co. Atty. Head was instructed to prepare new agreement for next meeting. Robert Marsh of Robert Marsh & Co. came before the board regarding the sale of the Pedley ranch in Riverside county. This was referred to the directors of the S. A. R. Dev. Co. Mr. Marsh also inquired of the leasing of the Yorba Reservoir for oil. This was referred to the oil committee. Mr. Bentley representing F. A. Gillespie came before the board regarding oil lease on Rivas and de Shorb tract. It was moved by Tuffree and seconded by Holmes that the company accept a re-lease of the oil lease to F.-A. Gillespie on the tract of land described in deed book 123, page 314 Records of Orange-co; and also on the tract of land described in deed book 352 page 280 Records of Los Angeles county, and grant F. A. Gillespie 90 days in which to remove his oil well rig, also grant Mr. Bentley the privilege at the end of 90 days of a new lease without a bonus, provided the company has not pleased the above described tract within the 90 days to another operator. Director Annin reported Cypressave pipe line between the North Branch ditch and the J. P. des Grange corner is not large enough to carry sufficient water to meet the demand. This was left to the ditch committee and the superintendent to investigate. President Hale recommended the following committees for the ensuing year: Finance committee, Thamer, Annin, and Holmes; Ditch committee, Miller, Tuffree and Rust; Oil committee, Tuffree, Holmes and Annin; Pumping plant committee, Thamer and Rust. It was moved by Tuffree, seconded by Thamer, that the board approve the recommendations of the chairman. Carried. CORONA'S JURY PROBES INTO DEATH A coroner's jury yesterday afternoon investigated the death of Mack A. Miller at an Anaheim hospital. new residential buildings held in abeyance, a total of approximately $2,000,000,000 seems necessary for the public utility program in the immediate future. "During the past census period the increase in population of California totaled 44.1 per cent; or 1,049,312. This means taking merely the national average as a basis, that if during the next ten years our population increases only at the same rate as it did during the war decade, the California requirement for money would be $840,000,000. "But Senator Calder's committee bases this estimate entirely upon the average of the United States, and it must be remembered that California is a state of magnificent distances, long haul on railroad, widespread distribution of electric, street and interurban traffic, long telephone lines and widely distributed power transmission systems. In other words, we must face the fact that California will require a great deal more money that the average state in the union, because of her rapid increase in inhabitants, her size and her scattered population, and it is important that not only banks and financial houses of California, but the public generally, recognizes the fact that if California is to keep up her present rate of growth, her people must themselves be prepared to provide the utility companies with the monies necessary to furnish the economic necessities for this growth especially in regard to the development of our hydro-electric power. The California situation is such that these investments are perfectly safe due to the control by the railroad commission of our hydro-electric utilities." Water Co. Minutes Directors Hale, Tuffree, Thamer, Annin, Miller, Rust and Holmes present at roll call. Transfers of stock granted: 1 share Cassius E. King to be divided 1-2 share to Emil Kestenholtz and 1-2 share to Cassius E. King; J. J. Vosburgh to be divided 16 shares to Adela Muckenthaler and 12 to J. J. Vosburgh; 8 shares Mark Stock to Godfrey J. Stock or Mary Stock, with right of survivorship; 8 shares J. C. Craft to C. Jr. Grinnell; 1 share Frank Trendle to Neils Johnson and Bertha Paul Dowling to Frank M. Dowling or Bertha Paul Dowling, with right of survivorship; 8 shares Wilhelmina J. Holcomb and Dora S. Zeyn to be divided 6 shares to Edw. P. Backs and Angeline L. Backs, pledges for Dora Zeyn and Wilhelmina Holcomb and 2 shares to Dora Zeyn and Wilhelmina Holcomb and 2 shares to Dora Zeyn and Wilhelmina Holcomb; 5 shares Sarah E. Wright to Helen E. Gilman, Mary F. Key, Anna Pauline Ames, Lulu J. Brewer, Roberta Brewer, David L. Wright, Tom H. Wright. President Hale reported on the meeting with the managers of the Amalgamated Oil Co., and the Hurricane's Jury Probes Into Death A coroner's jury yesterday afternoon investigated the death of Mack A. Miller at an Anaheim hospital. It was thought possible that Miller died as the result of injuries sustained Feb. 8, while in the employ of Jock Olivarri, Santa Ana vulcanizer. The inquest probably will determine liability of the insurance company with which Olivarri carried indemnity insurance. Miller suffered an injury of his head when a tire rim hanging on a hook fell and struck him. He was given immediate medical attention. He had not been in good health from the date of the injury up to the time of his death yesterday morning and had not been able to resume his employment as a vulcanizer. He had been in the hospital at Anaheim four weeks, previous to which time, it was said, he was under observation and treatment of physicians representing the company carrying the liability. An autopsy was performed shortly after his death. Miller was 49 year old and lived in Santa Ana for many years. A Want Ad in the Plain Dealer Will Bring Results. It Will Pay You to let me quote you on stocks of the BLUE LIGHT SILVER MINES CO. Making a specialty of this stock and being in close touch with all operations and developments at the famous SILVERADO properties I am in a position to give you full details of this attractive investment. Let me show you this producing silver mine any day by appointment. See me or call me up. Excelsior Creamery Company Wishes to announce that our MILK and ICE CREAM business has grown by leaps and bounds, and to call particular ATTENTION to the fact that we have established a branch office at the home of Mr. Baumstark, 232 E. Sycamore St., who is our Anaheim retail man, and a real live wire, being ready to supply the retail trade with the best of products. Phone 177 ANAHEIM Call him up for orders—call him down for errors. MEXICO NEEDS AID OF UNITED STATES The following is from the Anabeim National bank bulletin: Opinions seem to vary rather materially in regard to the political and commercial outlook in Mexico. One analysis will declare that the Republic's governmental structure is disintegrating while another warns commerce to beware least it be caught in the meshes of another revolution. Most of these reports are based largely upon "class interviews" and surface indications. Who can actually forecast the manhood of the child with whom he is only intermittently associated? Mexico under the keen, forceful leadership of President Obregon is "maturing" not merely "coming back." Even in the fact of possible criticism, born out of the lowlands of jealousy, the president of Mexico has chosen capable and therefore reliable officials instead of the heretofore ignorant and often irreacherous type. All along the border one needs a higher type of government representative than ever before. Within the trade and commercial structure of the republic there exists a practical type of cooperation. One illustration of this is the arrangement merchants and manufacturers are permitted to make with the government whereby they may take some of the running gears of freight cars, the wood construction of which was destroyed during the darker days of the country, and rebuild them. This is assisting immeasurably in the rehabilitation of the "carrying capacity" of the country's railways. There will undoubtedly be some "readjustment slump" in Mexico for she has taken only a few steps in this direction. The country needs money and recognition by the United States—it needs the moral support of thinking Americans While we may with some degree of accuracy say that much of the population of Mexico is poor and ignorant and therefore susceptible to the misleadings of "social experimentors" the case should not be allowed to rest existing or new industrial plants or strous of utilizing electricity. We have come to think of electric light as the normal lighting for every home. We like to think that women of the nation are no longer compelled to do drudgery of home—that electric power has taken a large part of the load from backs. The fact is that the vast majority of people in the United States still without the aid of electric current. SLAYER IN LOVE ROW MURDERED IN PRISON Interest was evidenced here in dispatches from San Quentin serving that Rufus Acosta, serving a year sentence in the state penitentiary there from Orange-co for murder, was stabbed by a fellow prisoner in the person of Manuel Lopez, for Presno-co, and died within a short time, according to announcement prison officials. Acosta was stabbed, in a lance while in the prison dormitory, with a sharp knife obtained from the shop. The officials said they did know what prompted Lopez to Acosta. The Orange-co prisoner was sentenced to 10 years imprisonment April 1, 1918, for the murder of Tomo Villa Gomez at La Habra on an alleged jealous quarrel over woman. Try Plain Dealer Want Ad Highest CASH Paid for Valencia Oranges Immediate Shipment Highest CASH Paid for Valencia Oranges Immediate Shipment Olive Fruit Co. Peppers & Miller Packing House, Olive, Cal. Phone 161W Orange Evenings call Bert Lehhy, 303 Orange, A. J. Miller 206J Santa Ana Afraid to Face You Slowly the old man entered the bank and stood for a moment nervously tapping the rail by the vice-president's desk. For a week he had dreaded this interview. Night after night he had worked over his financial statement, but now as he faced the ordeal he knew that the paper he held in his hand was a sorry mess of figures that he could not prove. It seemed to him that bankers wanted to know a lot of fussy details that no man could be expected to answer off hand and he hated to go through all that—it seemed like a million questions to him. The trouble with this man, and so many others in the same boat with him, is that he has never had his eyes opened to the need of getting more figure facts about his business. He thinks the cost of making daily records would eat up all his profits Telephone the nearest Burroughs office and ask them to type of machine you need and how to get the facts about Burroughs Adding Machine Co. Riverside Office Frank Shearer, Mgr. Telephone the nearest Burroughs office and ask them to type of machine you need and how to get the facts about Burroughs Adding Machine Co Riverside Office Frank Shearer, Mgr. 672 Eight Burro Adding - Bookkeeping - Calc RETIRES AFTER 27 YEARS R. R. SERVICE With 27 years and two months continuous service, without even a vacation, to his credit as foreman of the Santa Ana section crew of the S. P. company, and 45 years of railroad work behind him, John Whalen today was on the retired list with the right to draw a monthly pension from the railroad company the remainder of his life. Whalen's entire railroad life was spent in So. Calif.-with the exception of one year in Japan, one year in Arizona and a like period in Tacoma, Wash. He directed track laying on many important projects in the early days of S. P. history. Dr. G. W. Closson Veterinarian Special attention paid Dogs and Cows. Phone 288J—128 W. Adele St. Anaheim We Are Pleased to Announce a Substantial Reduction on all Standard Makes of TIRES This reduction places tires below pre-War prices. TIME TO BUY Goodrich Fisk NENNO & BOCK Goodyear This reduction places tires below pre-War prices. TIME TO BUY Goodrich Fisk Racine NENNO & BOCK EVERYTHING FOR THE AUTO 145 S. Los Angeles St. Phone 464 ace Your Banker? and he needs to be shown that on the contrary he would make more money if he had them. Most successful men in business today have learned that clear, accurate, detailed records of all the departments and operations of their business are the best assurance of success. Machine methods of figuring and mechanical aids in bookkeeping and record keeping have simplified these operations so that it is no longer necessary to carry a heavy bookkeeping expense to get the necessary facts. With a Burroughs figuring machine an inexperienced clerk can work out automatically all the figure problems of business transactions as: adding sales and charge slips, footing all sorts of figure columns, proving postings, taking trial balances, checking invoices, distributing sales by clerks or departments, totaling weights and quantities and so on. proving postings, taking trial balances, checking invoices, distributing sales by clerks or departments, totaling weights and quantities and so on. Machine Company Riverside Office 672 Eighth Street roughs Calculating Machines