oc-plain-dealer 1924-03-01

Saturday, March 1, 1924 What is the Value of the Railroads? 400,000 Miles of Track at only $25,000 a Mile The Department of Agriculture estimates that the average cost of a mile of improved highway today, is about $36,000. 69,000 Locomotives at only $20,-900 each Locomotives cost an average of about $60,000. 2,400,000 Freight Cars at only $1,600 each The average cost of a freight car today is about $2,500. 87,000 Passenger-Train Cars at only $10,000 each All steel passenger-train cars now cost from $30,000 to $25,-000 each. Materials and Supplies Railroads have to keep on hand millions of tons of coal, rails, ties, spikes, and all other material required in maintenance and operation. Working Capital 50,000 Stations and Terminals, Yards, Signals, Roundhouses, Shops, Machinery, Water Supply, Power Plants, Elevators, Docks, Coal Pits, and all other items including administration in over 3,000 cities and towns, stations and terminal facilities cost over a million dollars apiece. The shops and machinery enclosed in the repair of equipment constitute an enormous industry in themselves, employing nearly 400,000 men. The above property is believed to be worth fully $10,000,000 and could not be duplicated for anywhere near that amount today. This Totals And a valuation recognizing all the elements of value assured to the ordinary property-owner would be far in excess of this amount. $10,000,000,000 1,380,000,000 2,400,000,000 570,000,000 500,000,000 500,000,000 7,000,000,000 $22,350,000,000 KENNEDY RADIO EASY TO OPERATE Kennedy radio sets are becoming more popular every day, according to the increasing number of installations being made throughout the country. This growing popularity is not one that meets approval of a few, but one that is popular with the majority of radio fans. There are certain features which must be embodied in radio equipment to meet the approvals of the general public. They are Simplicity of design and manipulation, economical to maintain efficiently balanced and popularly priced. Having these distinctive features is the reason for Kennedy's widespread popularity and is why Kennedy quality is becoming better known every day, says A. B. Villard, local distributor. 12 MORE POINTS OF GRAY SUPERIORITY Here are some more points on Gray superiority, according to West Bros. local distributors: Driving pionion solid one-pieced forging—not keyed on. Lowest unsprung weight of any car—high tire mileage. Gas tank under cowl—no pump no vacuum tank; only one connection. Rear axle shafts, chrome and loy steel. Ten-inch service brakes on rear wheels; entirely enclosed. Radiator of extra height and cooling capacity. Ample leg room for tallest person; extra wide doors. Enclosed cars—speedometer dash light; dome light; visor; windshield cleaner; door locks. Fan belt instantly and easily adjustable with 2-inch adjustment. Oil scrape ring at bottom of piston—no foul plugs or smokers. In the repair of equipment constitute an enormous industry in themselves, employing nearly 400,000 men. The above property is believed to be worth fully $10,000,000,000 and could not be duplicated up where near that amount today. This TotaL And a valuation recognizing all the elements of value assured to the ordinary property owner would be far in excess of this amount." The tentative minimum valuation of the railroads at the end of 1919 was found by the Interstate Commerce Commission to be $18,000,000,000. This valuation was based mainly on cost of labor, materials, equipment, etc., on June 30, 1914. The subsequent investment from January 1, 1920, to December 31, 1922, brings the Interstate Commerce Commission valuation for rate-making purposes as of December 31, 1922, up to about $21,200,000,000. Each reader can judge for himself the fairness of the contention that the Interstate Commerce Commission valuation should be reduced by from $7,000,000,00 to $10,000,000,000. Such a confiscation of values would in effect be a denial to the railroads of their chief means of keeping pace with the development of the country. Fair recognition of railroad property value is essential for legitimate earning power and credit for further expansion. C. R. GRAY, Omaha, Nebraska President, March 1, 1924 UNION PACIFIC SYSTEM TWO ROADS TO HAPPY A NEW CHEVROLET Wherever men congregate on the civilized world, there you will find the sturdy Chevrolet carrying them into the highways and byways of the great Wherever men congregate in the civilized world, there you will find the sturdy Chevrolet, carrying them into the highways and byways of the great outdoor Motor World of Happiness. Truly, this is the ideal economy car—the car that will lead you to happiness more surely and with less cost than any other car. Get 'Acquainted With Taggart's Easy Terms! FRANK P. TAGGA Chevrolet Dealer FULLERTON 129-131 West Commonwealth THE PLAIN DEALER, ANAHEIM, CALIF. BREA NEWS BREA, March 1.—(Spl.)—Mrs. Thompson has been ill for several days, she is some better today, her sister, Mrs. White, from El Modena is visiting her and helping to care for her. Mr. and Mrs. Guagy were Whittier visitors Wednesday afternoon. Mrs. McCluse is spending the week in Los Angeles with relatives. Mrs. Clark and daughter and other friends. Mr. Wallace Mason leaves for Collington today being transferred from the Columbia lease where he has been working in oil fields. Mr. Tremain on S. Madrona is up and around after an illness. Mrs. Murphy's little daughter returned home from the Fullerton hospital, a few days ago and her mother reports she is doing nicely. Mrs. Jack Golden was a Whittier visitor Wednesday to her sister's, Mrs. A. P. Gentry home. Mrs. Heartfield witnessed the "Ten Commandments" in Hollywood Wednesday afternoon. The Christian missionary society meets at Mrs. Elmer Gurleys, home, on W. Ash-st. next Wednesday at 2 p.m. A splendid program has been arranged. Subject is a new day for Japan and the Philippines. Everybody welcome. Mrs. Harry Bates will go to Coalingo Saturday to see about accepting a pump job as they are wanting several men for that place. Mr. Robert Thompson of San Pedro expects to spend the week end with his parents, Mr. and Mrs. Thompson. Mesdens Schweitzer and Reynolds were in attendance at the Ebel music club in Fullerton Thursday afternoon. The Episcopalians have purchased a lot on E. Birch-st. and expect to erect a church on it in the near future. Mr. and Mrs. Branch of Puente Lease, were dinner guests of Mrs. Jack Golden Friday evening on S. Walnut-st. Mr. and Mrs. James Reynolds were South Pasadena visitors this week at the home of Mr. and Mrs. BUICK SPELLS DEPENDABILITY Why Buick stand up so well under hard service and why often serve several owners is easily understood, say the manufacturers. Durability and reliability have from the beginning been built into every part of the car. The Buick Valve-in-Head motor tried and tested by more than twenty years' service, and steadily developed to its present efficient stage, insures power, speed and economy. It is correctly designed and carefully built to give one hundred per cent efficient service. This has been true also of the other parts of the car: the sliding gear transmission; the Buick multiple disc dry-plate clutch; the full-floating rear axle and the rigid third member. The sturdy Buick trunk, constructed of pressed steel and held rigid by heavy cross members, contributes its share to the reliability and durability of the car. ALTOONA DEALER HERD L. E. Frey, president and general manager of the Penn-Overland Co., of Altoona, Pa., was in the city yesterday, interviewing C. P. Hamlin, manager of the Anaheim and Fullerton Certified Motor Car Markets regarding its operation. Altoona has concluded arrangements to install the Appleby Plan. MONARCHISM WAS OPENLY DEFENDED MUNICH, March 1.—Monarchism was openly defended at the Ludendorff-Hitler high treasor trial today when Captain Ernest Roehm, one of the ten defendants took the witness stand in his own behalf. Captain Roehm boasted of his "indying faith" in the crowds. Roehm a 56-year-old soldier, was to be one of the officers in the Hitler army which planned to march upon Berlin after the famous "bear collar putsch" here last November. There is no reason why I... HAPPINESS A TAGGART USED CAR There is always a wonderfully good value awaiting you in our Used-Car Market! A car that will fit your purse and yet rename service brakes on wheels, entirely enclosed. Motor of extra height and capacity. Leg room for tallest per-wide doors. Speedometer, dome light, visor, windshield cleaner, door belt instantly and easily with 2-inch adjuster ring at bottom of no foul plugs or smokers on each crank bearing instead of two. Bearing adjustable by oil pan. Present cereal crops in North Africa amount to 8 tons. HIS OUT—IT IS WORTH MONEY this ad and ten cents to Co., 2635 Sheffield Ave. Ill. writing your name press clearly. You will re-retain cont bottle of FO-HONEY AND TAR COM-for coughs, colds and nasa, also free sample pack-POLEY-PILLS, a diuretic it for the kidneys, and CATHARTIC TABLETS aspiration and Billiousness. wonderful remedies have millions of people. Try Heying's Pharmacy.—Adv. LOCAL LEAP YEAR MAN Alphonse Saleats, 817 N. Los Angeles, called the Plain Dealer this morning to say he, too, is denied birthdays except once in four years. Mr. Saleats doesn't mind in the least, for in California a man is only as old as he feels, and to have a birthday but once in four years is in exact accord with his feelings. Sinclair Lewis's "Main Street" sold 60,000 copies in Germany, and when Lewis received his royalty check in London he cash-ed it for 5 shillings—or about $1 American money. Tomorrow Sunday, Come to HO A Beautiful DeveGRAND SALE EXT FRI MUNICH, March 1. — Monarchism was openly defended at the Ludendorff-Hittier high treason trial today when Captain Ernest Roehm, one of the ten defendants took the witness stand in his own behalf. Captain Roehm boasted of his "undying faith" in the crowns. Roehm a 56-year-old soldier, was to be one of the officiers in the Hitler army which planned to march upon Berlin after the famous "beer cellar putsch" here last November. "There is no reason why I should defend myself," he declared curtly from the stand. "I feel free from guilt. I would do the whole thing over again." Forests cover a third of the entire area of Czecho-Slovakia and half of the forest area is made up of coniferous trees. Tomorrow Sunday, Come to HO A Beautiful DeveGRAND SALE EXT FRI There is always a wonderfully good value awaiting you in our Used-Car Market! A car that will fit your purse and yet render years of service. Come in and let us solve your summer's pleasure problems with one of our real Used-Car buys. Taggart's Terms and Service Will be a Real Revelation to You! AGGART ANAHEIM SALE EXT FRI Note the central location of HOMEWOOD! It is part of Buena Park. Around it are stores, garages, schools, railroad depot—every convenience the heart of man or woman can wish for. Past it run busses which connect with all important points in Southern California. INVESTIGATE! Large Lots as Easiest of easy payments. All lots price QUICK SALE NOW, but prices will soon g Sold with all improvements—streets, side electricity, gas, water, phones, magnificen A.B.C. SALES COMPANY 120 N. Los Angeles F. C. Mudgett, Mgr. St. Anaheim, P. 368 TRACT OFFICE Grand Ave., Buena Park—Phone Fullerton 854J2 An Integral Part o DAD CLOSED 11 HOURS EVERY DAY REDDITING, March 1—Commence next Saturday, the state highway between Redding and Masmuir will be closed 16 hours of every 24 hours throughout the summer and fall, perhaps till the end of the year. The highway will be open every day from 11 o'clock in the mornuntil 7 o'clock in the evening. Artist travelers will have to go their movements accordingly. The daily blockade is due to construction work going on between Bayha and Halfway Creek distance of ten miles. Blasting will be going on and steam showwill be at work. The contractship will work two eight-hour afts. We Carry a Complete Line of WINDOW GLASS, PLATE GLASS OBSCURE AND ART GLASS MIRRORS BEVELING AND EDGE POLISHING Santa Ana Art Glass Works Phone 591-W C. M. Scott 1204 E. 4th St. Santa Ana, Calif. A Very Small Payment Down Will start a Home of your own in NORTH BUENA PARK SUBDIVISION. Where all City improvements, an abundance of GOOD CHEAP WATER, an exceptionally fertile soil, and the very best climate will help you to Enjoy Life. SPECIAL TERMS To those who want to BUILD HOMES NOW For the FIRST 15 Home Builders we have something special to offer in the way of LOW PRICES VERY EASILY PAID. This is your Opportunity before building starts. 50 ft. wide residence lots $150 and up. Boulevard lots for business $10 per foot. All improvements included in these prices. See our Salesmen today about these special offers before the full number have signed. Anaheim Sugar Company we have something special to offer in the way of LOW PRICES VERY EASILY PAID. This is your Opportunity before building starts. 50 ft. wide residence lots $150 and up. Boulevard lots for business $10 per foot. All improvements included in these prices. See our Salesmen today about these special offers before the full number have signed. Anaheim Sugar Company LOS ANGELES Salesmen at Tract Office on Grand Ave, Half mile North of Bank Buena Park, Calif. tomorrow !! Sunday, March 2nd to HOMEWOOD Beautiful Development of Buena Park GRAND OPENING LE EXTRAORDINARY! FREE You can get one of these BEAUTIFUL CABINET HOMEWOOD “MAYTONA” LE EXTRAORDINARY! FREE You can get one of these BEAUTIFUL CABINET "MAYTONA" PHONOGRAPHS FREE FIVE BEAUTIFUL Maytona Phonographs will be given away absolutely free without obligation of any kind at this tract, tomorrow, Sunday, March 2nd, to advertise HOMEWOOD. Simply come out, get a numbered ticket, be ready to take away your instrument. That's all. Lots as Low as $25 Down payments. All lots priced for W, but prices will soon go up. Movements—streets, sidewalks, water, phones, magnificent tree and shrub lined streets. In front of property is Grand Avenue, a 108-foot Boulevard. Several homes now built, several more going up. Come see TOMORROW. Get a ticket—You may take home a Phonograph. A.B.C. SALES COMPANY 419 No. Broadway Santa Ana, Ph 2350 E. A. Muckenthaler Manager 226 East Center St. Anaheim. Phone 14 HOMEWOOD BETWEEN OIL AND ORANGES An Integral Part of Town of Buena Park