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Collection: Newspapers > Nevada City Nugget

December 23, 1929 (8 pages)

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MONDAY, DECEMBER 23, 1929 To a ke a a a a a Ne ee Oe Te ed Ne Z wy WMHS 6 eee ee oe o ae > teat Me Me Me see as A? . a ao ae Oo * o, fe tlor’ +e % gy oa % o, ? oy gatas oe ah “5 Rateafatertes os . ‘a she fesferterte re sde rk > i * 4. DICKERMAN The Christmas Drug Store is brimful of Beautiful New Gift Ideas" Leather Goods Perfumery Gift Sets by Hudnutt . Books Fountain Pens Colleen Moore Impored Lamps New Stationery A Full Line of New Toys and Games Xmas Cards of All Kinds hoose your gifts now, let us put them away for you Jeofe age eaherte skorts rfc sherk x st oe nye ye + NEW COMPANY TO REDUCE THE COST} MINING COMPENSATION INSURANCE (Continued From Last Week) gives a premium rate of $5.05. H i { . t { yl . aerstand why the rate making pro-. 59 4-10 per cent gives a total of cess should not be aftected by the} $8.51 (40 6-10% the difference is. amount and nature of the injuries:termed padding for overhead to in the metal mining industry as; cover private insurance companies). i distinct from other industries. The basic rate of $9.05 is then i It is true that within certain] obtained by multiplying $8.51 by limits, thea mount of compensation. 6 3-10% and then adding one cent paid is fixed by the law. The Indus-. to this total. trial Accidest Commission exercises The question at issue is whether to the extent of each injury which . fied. comes before it for examination. The State When the proper classification is) ance Fund with an overhead cost made by this Commission, uch injury . o¢ only 13 5-10% as compared with come under the amount of compen-! an overhead cost of the Private Compensation Insurae s vo hehe heeds dele R9 res st oF, », tee C5 * eheeieieinieic, + +, a on AZ Gress Valley Office 138 South Auburn St. Nevada City Office, 208 Main St. Phone 207J forte % Sas .? 4 * * y Be sfeageiRerke ene rfertery See steateateaze se sfeateate stent afe fete afte alee steate este tee betes ene le ieee ot would show that YOU WORK HARD FOR YOUR MONEY MAKE YOUR MONEY WORK HARD FOR YOU START A PASS BOOK SAVINGS ACCOUNT TODAY WHERE IT EARNS SIX PER CENT NEVADA COUNTY BUILDING & LOAN ASSOCIATION Office étes: 9 a. mi to 5 p. m. daily Including Saturdays Baeble tele iteieh hehe ete tebe etn . MOUNt of business written so the hs MILLS ARE THE MOST EFFICIENT GRINDERS The BEST REGRINDING CLASSIFIERS: by overflow. The BEST AMALGAMATING PAN to any mesh size. The ONY MILL that wilt work CLAY (pipe). MICA (sheet) that others use. No Gears. No Grease. No Bearings No Friction. ELLIS MILLS MANUFACTURING COMPANY 510 Brannan St. Phone KEarny 4190 Siete rdeergetertegeneise 5 Domne ek New N. I. D. Bldg. Phone G. V. 35 The ONLY MILL that will work The ONLY MILL that will work ASBESTOS and not ruin the fibre, or EMERY and not ruin the mill. And many others. The ELLIS MILL will grind anything that can be gound or pulverized, wet or dry, to a definite mesh in one operation, ing only 1-4 to 1-10 the power San Francisco efetelotereterleejenteofeolesteols sfecheateah tealedook deste steileedtededetebpebeetegepa . ing the same period the carriers (in-! sation therefor as fixed by the law. Carrier of 40 6-10%, could funcIf, over a given period, the results. tion without this 6 3-10% increase. _ th cost of com-} Under the new rate, the padding pensation and hospital care for the for_private carriers is 46.9 per cent. total injuries in the metal mining . .Under the industry could be met by a Iv=ver} $1.89 is collected from premium, a corresponding reduction] pay out only $1.00 would be justified, and should be made. ' in other words eighty cents in exTo us it seems this information] cess of cost is collected. This apshould be very important in the, plies to all industries. rate making process. (To Be Continued) The State of Oregon adjusts its ; 5 rates annually, basing the changes The first telephone line installed on the preceding year’s experience. . in Washington, D.C. connected Compensation insurance rates inj two of the offices under the Chief California are determined by the] Signal Officer of the U. S. Army. California Inspection Rating Bureau,. This was in 1877. subject to approval by the State Long Island now has more ‘than Insurance Commissioner, This bu-. 750,000 telephones, three times ag reau i maintained by fees collected] many as it had ten years ago, and from all compenation insurance com-! had a growth of 60,000 telephones panies according to amount of pre-. in the last 12 months, miums collected. For instance, the In Brooklyn and Queens, two fo State Fund does 33 per cent of! New York City’s most rapidly growcompensation insurasce and thus. ing boroughs, the number of telepays 33 per cent of cost of mainphones has increased about 200 per taining this bureau. Voting powerlcent in ten years. in this bureau. is based’ on the insured to for compensation, medical, etc.; in fact all costs; ee ee State Fund has a 33 per cent vote FRED M, MILLER a against a 67 per cent vote of the private insurance companies, alConsulting Engineer though the State Fund writes more Mi d Mi eo business than any single company. ci ise ining We understand the Inpection Rating Bureau has seven Directors, one of whom represents the . Insurance Irrigation Department of the State, which really is finally responsible for. the Examinations, Maps and Hydraulics rates imposed, the other six repreReports on Properties senting private carriers. It would seem that private carCounty Maps for Sale riers have a preponderant voice in Offi ® i a es) fixing the rates, out of proportion gears R dence to their share of the business, 262 South Auburn St.
Your Committee learned from Grass Valley other ources a number of interest-. Phone 535] ing facts, some of which we now SORA CAC CL CRTC OR ONC RAE Toithe layman it is hard to un-! Then this rate of $5.05 divided by . — its judgmtnt in making awards asjor not the 6 3-10 increase is Justi=. ‘ OCCASIONAL TABLES— new rate a charge of . , } ALPu HARDWARE & SUPPLY CO . Nevada City Grass Vaitey Allechany Tee et a ee is OO EE RR OR AE THE NEVADA CITY NUGGET, CALIFORNI4. IDEAL CERISTMAS GIFTS” Useful, Beautiful and Moderately Priced © “CEDAR CHESTS— \ ; Walnut Finish with Cedar Linings, ales All red iedar chests SMOKING STANDS— Walnut Finish, also Colored Enamel Finish eee TRE ‘Shak Many shapes and sizes / FLOOR LAMPS and BRIDGE LAMPS— . All colors ELECTRICAL GOODS— Automatic Toasters Waffle Irons Griils Urn Sets Sandwich Toasters Irons . Electric Clocks . Curlings Irons Pads HOUSEHOLD GOODS— Carving Sets tainiess Steel Steak Knives Dishes — Glasses Aluminum Ware Vases New Colored Enamel Ware Waffle Sets Cake Covers Blankets Comforters Mattresses Springs Pillows XMAS TREE LIGHTING OUTFITS— Indoor and Outdoor Extra Globes for all give: “During the twelve year period from 1915 to1926, inclusive the employers of California paid to the insurance carriers of this. State $148,680,244.61 in premiums. pol cluding the Fund) paid losses in the Practical mining tests from 25 to 1000 pounds, percentage of suiphurets, value valbes of tailings, Assays made ior geld. silver, lead and copper. Mail order check wo: benefit ‘of injured workmen and promptly attendea to. Agent for New York-Caiifornta Underwriters. Westchester and Capitai of California Fire lusuraaces companies, automobile insurance. he Re sheaterde Heiterte ote stestetle steaks ee tok ok ae seats 4, 8 “ss %. co eS 2 o eng % eS o> % res er, ef aS > = oe y * of o sete re te “ > a ras testes ees Phone 37! Oeste Naa So em aes NEVADA CITY ASSAY & REFINING OFFICE E. J. N. Ott, Proprietor 0 WINTER SUITS Need Cleaning and Pressing This Week Don't Overlook Neckties! Will call Monday ead Thursday afternoons at your home and deliver on the next trip over. Va lley 375 and we will call th enext trip. We will credit your phone charges. GRASS VALLEY CLEANERS Ed Burtner. Proprietor W 1 . ] West Main St. Meets ofa eke wh eats oie aye ole ole ope ale of eae he oly ole Te sheneale ate sfeoke oleate ifeae ate deeded NEVADA CITY SANITARIUM Miss Elizabeth McD. Watson Equipped to handle Obstetricai, Surgical, Medicinal ana \-Kay Cases. Modern Equipment giving the free golé; . : of suiphurets, value of suiphurets ane . S’ Premium dollar was expended Ai’ their dependents”. Ltt te let ete epee @ege . oT, the following information was Phone Grass Pee eho4 . Dusiness during the years 1924, sus Nevada City LAMA LALLA LALLA AA LALA GELLER LEDER . 19:26 um of $80,037,361.93, leaving a balance in favor of the insurance, earriers of $68,642,882.68. In other words, during the perior stated, only 52.82 per cent of the employby the insurance carriers for the From one of the private’ carobtained: 4 ‘T‘otal payroll for 1926 amounted business, including the State Compensation Insurance Departnient. losses and expenses only, based on these figures, without allowance for ; w profit. ta the companies, would It's so easy, so amount to 8.70. ; The average loss ratio for all : forms of Compensation Insurance will for all companies ‘engaged ta the wanting to haw” af als 1925 and 1926 amounted to 65.2%. The rates for Mining Compensaion Insurance have been as fol= pi 5 : os JAMES D. STEWART, E. M. Consulting Mining Engineer 138 Commercial St. Phone 107 Auburn, Calif. Examinations Reports =Management 30 Years’ Experience in Western Mining Fields Code: Bedford-McNeil og 300.00 Losses $1,532,826.00, This Aete eede dee dederbe oe adeode heeded bed hh OF OF SFE SF FES EROS F lows: . ! th 1914 : . $4.85 ati. i915 5.15 Ree reece ci ae 1917 §.97 ' 1922 €.61 i 19293 5.14 §.21 m= 14927 8.53 A 1928 9.05 The basic rate of $9.05 for mines (underground work) effeative March 1, 1929, was determined aS follows: Exeprienced rating for the years 1922, 1925, 1924, 1925, and 1926 were used as a basis. Total permiums' paid for Compensation Insurance were $30,322,q ee a a ee YOULL HAVE TO HURRY TO JOIN Now that the Christmas Club idea has proved so popular, The total losses were $330,770.00. Thee losses, against the above payour patrons are hurrying to join the 1930 Club. All of these eon were, won * yee sa a will have a che-} medical examination..« rei tape. You cannot afford to rate, without allowance for Com; de rchase ma pany expense, of 5.21. As the rate for all the mor . be wihout this protection. For every 50c purchaordinarily charged’ seauines 8 SUG ; i. Heke here, we give you a ticket. VWhen you have 40 of them loss ratio, an adequate rate to pay since the first F you can get a $10,000 Accident Insurance Policy for only $1.00. Come in and get full particulars today. Sh Reet de ete ibe te Be tees e eo endear ole detested det NEVADA CITY BRANCH : : PLAZA SUPER SERVICE STATION © Larsen & Hardt A Full Line of Pies and Cakes SALLY ANN BREAD . Baked Fresh Daily. Sanitary. Wrapped and Sealed TINS BRT MAT ase.