Indianapolis Times, Volume 40, Number 231, Indianapolis, Marion County, 14 February 1929 — Page 10

PAGE 10

LOVER OF DOGS OFFERS POOI SITE TO CITY Edwin L. Patrick to Donate Three Acres ot Land for Animals. A itc for anew city dog pound offered to the city today by Edwin L. Patrick, president and general manager of C. B. Cones & Son, manufacturers. Mayor 1.. Ert Slack declined to discus.- the offer. The site is said to oe near the present Indianapolis Humane Society pound on Massachusetts avenue. A split recently between city officials and the Humane Society led to plans to abandon the present location and erect a $30,000 structure on anew site. The city council may be asked Monday night to provide a bond issue for the new pound. Slack indicated Dr Elizabeth! Conger, veteran poundmaster, will be retained. William H. Insley and Fred W. Connell. ;afety board president, appointed as a committee to study the dog pound needs, reported to Slack. The report was not made public. Plans to move the pound to the city sanitation plant, southwest of ihe city, are believed to have been dropped. Wilham F Hurd, building commissioner, approved plans drawn by R. A. Jaeniscl • er of the W. H Insley Manufacturing Company, for a new pound building Insult Rests in Arizona CHICAGO, Feb. 14.- Samuel Infiull. utilities magnate, has gone to Arizona to recuperate from a cold. His son, Samuel Jr., accompanied him.

would be... a Coughless Audience,’’

Ck __ Says Morris Gest, world fa mous producer of “The Miracle, 44 and watched my unfortunate artists out Why a cough in a carioad? V^ OLD GOI D Cigarettes are blended from HEART- \s** old gold paulwhiteman LEAF tobacco, the finest Nature grows... Selected fl|k Soi i.zz^eod'hisT^ for silkiness and ripeness from the heart of the P leteorcht ' a ' broadcas J sth ® tobacco plant . . . Aged and mellowed extra long day from 9to 10 p - M in a temperature of mid-July sunshine to insure enTrl^e^wo^ro/oiiumbia that honey-like smoothness. Broadcasting System.

Work and Rise

j^*yjSS-l . | f r w ■ ‘ TMA Paul Shoup. above, used to be a clerk in a Southern Pacific ticket office in California. Meanwhile, Joseph H. Dyer, below, was a section hand on the same road. Recently Paul Shoup was installed as president of the ro?.d and Dyer was made vice president. They kept working. FORD BUYS OLD DEVICE Obtains Old Kinetoscope From High School at Connersville Bv Time, fiprrinl CONNERSVILLE, Ind., Feb, 14 A 30-year-old motion picture projection machine has been purchased from the senior high school here by Henry Ford to be placed in his rnuseum at Dearborn, Mich. The machine, an Edison kinetoscope, was one of the first ever made for presentation of moving pictures. Only a few of them are now in existence.

T. E, CLINICS SID 5,383 PERSONS IN LAST YEAR Free Treatment Is Given at Six Centers: 1.250 Are New Cases. Indianapolis Free Tuberculosis clinics treated 5,339 persons in 1928, the annual heport of Dr. Herman G. Morgan, city health officer, revealed today. The six clinics in the city, under medical direction of Dr. Alfred Henry, admitted 1.250 new cases and gave aid to 4.539 who previously had sought medical attention. Nurses who direct the free clinics

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“What a Miracle that

THE INDIANAPOLIS TIMES

at Brightwood. City hospital. South side, Fianier House. West Indianapolis ar.,l City hospital night clinic are supervised by Miss Nellie Dixon, supervisor. During the year, eighty-nine were sent to Sunnyside and twenty-five to Flower Mission hospital Thirtytwo were examined for admission to Potter’s Fresh Air school. The clinics have a waiting list of 142 for Sunnyside, Miss Dixon reported. Nurses held 780 clinical periods of two hours each during the year. The city hospital clinic is used as a training school for Indiana university school of medicine students. Decline of the tuberculosis death rate in Indianapolis from approximately three to less than one a thousand persons during the last fifteen years was attributed to the educational activities, work of the free clinic, and Important follow-up work of the nurses’ division, Dr. Morgan declared. “Indianapolis has faced the same situation that is prevalent in other cities for fifteen years. Importance of the work of these free clinics and

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other work among tubercular persons can not be overstressed. “More than half the 1.250 new cases this year were contact cases. This shows the extreme importance of proper care of patients,” said Dr. Morgan. Work of the free tubercular clinics under the department of health and charities is made possible by the mandatory tax levy. Cost of the division last year about 530,000. The berries of yew trees are not poisonous, but the seed contains a noxious element which makes the berry unfit to eat.

Frohman Restaurants Two good places to eat No. 2—loß West Maryland Street No. 1—244 South Meridian Street Quality Service

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New Records Victor Columbia Out Tomorrow Add a Few New Records to Your Library Ground Floor Salesroom 27 EAST OHIO STREET Hume-Mansnr Building Phone RL 4292

NEW YORK LIFE INSURANCE CO. (incorporated under the laws of New York) A MUTUAL ORGANIZATION, FOUNDED IN 1845 EIGHTY-FOURTH ANNUAL STATEMENT

To the Policy-holders: Our Eighty-fourth Animal Report has been verified and is being tiled with various government authorities. May I point out to you, the people chiefly interested. some of its salient facts'? As policy-holders you paid the Company last year in round figures $256,j 000,000. The Company paid to you and to beneficiaries $156,000,000. That left us about $100,000,000. Our net reserves increased during the year $100,000,000. We put that $100,000,000 in our reserves. You may ask, what are reserves'? Broadly speaking, they are funds set aside from which future liabilities are j to be met. We put that $100,000,000 in reserves at the close of the year for that specific purpose. A policy of Life Insurance is almost exactly like a bond. It will mature some day. Nearly all bonds mature at a definite date. Most policies of Life Insurance mature at an indefinite date, but all will mature, in some form, within a limited period of years. A sound bond is protected by a Sinking Fund —from which the bond is to be redeemed at maturity. The Sinking Fund is accumulated by yearly deposits. That $100,000,000 was our 1028 deposit, our addition to the Sinking Fund for that year. The law requires it. If we had failed to make or could not make that entry (deposit) w r e would soon be declared insolvent by the Insurance Departments and the Courts. The reserve increase for 1928 was large, blit no larger than the Jaw requires. That we shall redeem all our bonds (policies) as they come due is certain. ! You know that. The other income of the Company was sufficient to pay all the expenses of acquiring $900,000,000 of new business in 1928, the care of about $6,500,000,000 of old business, taxes, $6,700,000, ths care of invested funds, the maintenance of other legal reserves and a sum sufficient to pay in 1929 $8,000,000 more in dividends than we paid in 1928, and to increase the general, surplus by $4,000,000. In addition the Companv loaned you on the sole security of your policies $52,700,000. These are round figures, calculated to give you merely an outline sketch of the Company's activities in 1928. SAVING YOUR MONEY How much of the $156,000,000 we paid you or to beneficiaries during 1928 and how much of the $52,700,000 loaned you during that year will be lost because unwisely invested? That is a very important question. It goes to the very heart of the usefulness of Life Insurance. To save money by investing it soundly is difficult. Even men of experience frequently make mistakes. I do not overstate the truth when I say that few people having small amounts of money to invest do it wisely. REMEMBER You can leave the proceeds of your insurance with this Company in trust for your beneficiaries or you can leave any cash due under your policy and the Company will hold it. guaranteeing your principal and not less than.3% interest. On all such bonds we will pav in 1929 (as we have done for some years) 4.6%. In 1928 you left with the Company in this way under various accounts $28,000,000. Your total under these accounts on January 1,1929, was $70,000,000. That $70,000,000 is not .just a deposit. It is mingled with the Company's entire assets and is a part of the Company’s liabilities. It is backed, as all our liabilities are, by $1,500,000,000. Finally study the balance sheet below. There you have the facts about our financial condition, while above you have a picture of the new Home Office: “A Dream Realized.”

Show the “Dream'’ and the balance sheet to your neighbor. NEW YORK LIFE INSURANCE COMPANY, January 23, 1929 By DARWIN P. KINGSLEY, President. Dividends to Policy-holders in 1928. t . :.. $58,600,000 Dividends in 1929 67,100,000 BALANCE SHEET ASSETS LIABILITIES Real Estate owned and Reserves ample with First Mortgage Loans on future premiums and Farms, Home and Busi- Interest to pay all inness Property $564,502,256.85 surance and annuity Bonds of the United States, obligations as they Other Governments, become due $1,340,100,132.87 States, Cities, Counties, Dividends payable to Public Utilities, Rail- Policy-holders in 1929 67,148,446.00 roads, etc 641,944,719.68 All other Liabilities.... 7,973,047 98 Preferred and Guaranteed Stocks 31,238,610.00 Total Liabilities $1,415,221,626.85 Policy Loans, Cash and General Contingency Other Assets 297,394,761.12 p und 119,858,720.80 Total Funds for Policyholders’ Protection. ..$1,535,080,374.65 Total $1,535,080,347.65

FEB. 14. 1929