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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (June 1, 1923)
THE OREGON" STATESMAN, SACEM, OREGON FRIDAY HORNING, J U JN K l. i mm .it SAN FRANCISCO,! May 3L Reductions ranging from $10 to $15 a ton were declared today in the price to be paid to growers by the California-Canning Peach Growers', asso ciation for both clings and free stones, at a meeting of the association here. !. PEACHES OFFERED ' ' LOClOBHWS First Shipment rrives From California and Is Taken " . 1 ; Thursday' Peaches, not the large, luscious ones that, will be on the market a little later, but : peaches nerer theless, yrere offered for sale on the - local market w for the first time this season Thursday. i Sf Twenty-flT crates were .receiv ed In the initial ' shipment from CaJUorala. -and before- evening local merchants had, taken all but seren or fijeht ot these. It is ex pected that the sales of these will not be : rery rapid, owing to- the price. oJ the "early fruit. . . .y f ' Local fruit Is .being received, as are local regetables. One 'car load of Bananas were unloaded yetterday by -the Pacific -Fruitr Produce company to supply the local demand. PBTJIT NEW YORK, May 31. Evapo rated apples, dull; prunes easy; apricots,, heary; peaches, dull, Number one clings were set at $45 a ton, as against S 60 for. last year -while No. 2 were set at $22.50 as against 30, last year. . Lb Tell free stones wire set 'at 35 as against $45 last year while all other freestone Varieties werie set at $30 as against $40 .last year. .., t - A pack of approximately seveii million cases of clings is expect ed this season as against ,8 44, -000 cases last year. The Free Stone pack will be about 1,315, 000 cases, approximately the same ; as ; last season. E mm rumor Bead the Classified -Ads, EFFECTS MARKET France-Germany Settlement Indicated ! By General j , Bullish Action j. 'CHICAGO, May 31 Indications that France and Germany were near to a settlement had a gene- ral - bullish effect on the grain markets today nd the corn pit, further enlivened by belated shorts .who ran up the price of May. jcorn at a rapid rate in the last few minutes of the session. Corn finished strong at 1 to 5 He gain, May, 82 c, the top price of -the day. with July, 78 to 78 54c .Wheat, closed unsettled '!.r.r-. .:, jr.. .-v.; J 'vr-jyvrrVJW1-' - ;l-r. .).' V : - " r r yi '''' - i ' 4" " i ' , OF THE ilOT.t.HD CHOICESr.WHEaT r PIPING HOT AND EAT IN 10 MINUTES ukgrDCeeCs TO 'i V .-Ml at. a range varying frpm half ' a cent decline to 1 cents advance. July, $1.3 to $1.14, and Sep tember, $1.13 to $1.13 . : In oats - the outcome . was an eighth oft to . e up. and provisions unchanged to 7 cents higher. j The brief flurry In, corn was to liquidation of May .delivery and appeared to result " chiefly from the fact that a greater number of traders than usual waited un tiWtheir. time limit had almost ex pired; before effecting month-end settlement of contracts. ; Aside from the circumstance . that ajl the grain markets showed n up ward , tendency, ioday, tho ' corn market reflected continued scanti ness of receipts. Besides., gossin wa3 current that i the after-tbe-planting movement of corn to market was already over. 3 , in addition to optimism as to a prospective agreement between Frtuic and Germany, bullish., re portsabout .crop conditions In western Europe, tended to Jlft the price of wheat. Scattered Haul dation here, however, on the part of holders of May wheat made the market nervous and. Irregular as a resyl of offerings of July and September were scarce at times, and shorts in those months wha wished to cover found it difficult to do bo except at a. material ad vance, r. .' 7 ; .. , Oats were., helped upward by the Btrength of corn, with crop reports good though, as to oats, advances failed to hold well. The provisions market showed sym pathy with the. firmness of hog values. Excavation Js Begun ; , For Willamette Gym ,;- ' t-'' They're actually at work oaihe new William ette gymnasium; Two of the student helpers were out with axes and a big crosscut saW Wednesday, and they slaughtered four of the great yellow 'locust trees that have! to make way for the big gym. . Thursday morning grading teams and. men with picks and shovels started in. on the job of excavating tor the basement of the tig building. k ' 4 .The . new building stands far ther back than the old one, but It still fronts up on the. high land level as did the old. The .base ment will be practically on a level with the . track .and, the lower ground of the- campus, , so that It is really ; an ; above-ground: story except at . the extreme north end. The 120-days' limit set In the building contract, should give the university the building, completed and ready .for - use only 10. days after the opening of the fall term, September 19 th. PRICES IRREGULAR ' ran TIME Erratic Movement Features Stock: Market; Marks and Francs Drop NEW YORK, May 31. Erratic price movements, took, place in to day's stock market with closing prices decidedly. Irregular. : The upward movement, which has . been in progress for the last week, was . resumed r at the open ing, but" trading became dull on the ralfy. .Some selling then came into the oil shares despite the announcement of another in crease in the wholesale price of gasoline in the. western Pennsyl vania . and mid-continent fields. This was accentuated later . by selling . said to be , indirectly con nected with the bankruptcy , pro ceedings against the largest curb market house. Just before . the close, selling pressure was exert ed against the equipment shares which previously had shown Jni pressive strength. , Ralls offered good resistance to selling pressure. Reports of the first 56 class 1 roads show com bined net income of $61,200,000 in April, as compared with $60, 600,000 in March, and $36,200, 000. in April a year ago. End of the month requirements resulted in a stiffening of the call money rate, wiilch opened at 5 perrwnt and then advanced , to 5 V4 " Little time money was of fered. . ' ; '".The further collapse of . the German mark to .0014 cent was the feature of the Irregular, for eign., exchange market. Demand sterling advanced c to $4.62, and French francs dropped eight points to 6.52 eents. CITY NEWS (Continued from page 5) Junior Cherrlans DrlljE - Two detachments of the Junior Cherrians are working almost every night at the YMCA getting ready for the Portland rose show. One section - will do the ' straight and fancy dril work; the other section will do some unusual fig ure work. - They, will march in the form of a gigantic cherry, with the red fruit and the green leaves and stem, a delightful Oregon con fection and educational food. The directors of the two detachments. Extra Special Values iFriday and Saturday - IN OUR : ' DOWNSTAIRS STORE TURKISH TOWELS Size 18x34, very 1 Cn Special , each IOC Fine white Turkish Towels, good weight, woven of soft absorbent, durable cotton yarn and most reasonably priced MILL END Unbleached n t T ; ' 36 inches w i d e, 12'c speeiai, ya Special Quality Turkish Bath Towels Size 22x40, very . nnp. Special, each . ..... LiuC Good jheavy ; strong This bath towel is well vvov muslln, clean, well en, soft and durable and woven-: You will be will give splendid sendee, pleased with this One can never have too when you see.lt. . many bath towels. Cotton Hose for Women and Children Black and brown, all sizes, very special, 1 pair : IDC . These stockings are knit from combed cotton yarn of good .quality. Reinforced at the heels, soles and toes. .Double garter tops and high splice , heels, f The children's ; stocking's offer splendid service. Tissue Ginghams. 27 inches wide st very special, yd X 7,C v-White' jground with dainty color" stripes,: : fine close weaves care fully finished, suitable for dresses and blouses Women's Union Suits Summer weight AQ very special :.;..Trf C Knit from fine quality cotton, lisle finish, band tops and shell knee. Salem Store 466 State St. Portland Silk Shop 383 Alder Str Bob Bovdman uid George Barnes of the Oregon State Motor associ ation;' are pleaaed. with the . prog ress made by their proteges, Will .Go lo lea- T v. 3Tohnny; .Wright, .the prire basketball aad tract , man , who came into Willamette last fall and has starred il through the year, is expecting. to go aboard one of (he United States , snipping board vessels for a summer's cruise to the orient. Immediately after the close of the college year, j He spent two years on the water, -one on the Atlantic ; and one on the Great takes. ! and he expects to become an "A.B." on the Pacific for this, his third summer afloat. PERSONAL! M. S. Allen: clerk, jof the school board at Jeff exaon. was in the city yesterdayj - :- : ,'. -, w F,red Schnrer of Butteville spent Thursday afternoon Jn Salem. T. &. Bligh is home' from ser eral weelis in California. I HOTEL ARRIVALS ! I MARION G. M. Self, W. W. Graham, N E.. Jackson. L. W. Shawk, H. C. Harlan. S. H. Good man, N. W. Scott, G. E. Kempton, Scott Kent, Clifford! F. Reed C. K, Saunders, D. E. Green, F. i W; Oergel, W. F. Jeffress, D. G. Cur tis, Felix R. Wagner, Guy W; Philips, Portland; H. G. . Stern? Dallas, Tex.i John A. Todd.. Sp kane ; H. T. Hpldenj J. L. Thur mond. Eugene; j ' ! ' BLIGH F. h. ProvoSt; Rj C. Barnes, J. W. ilelt, R. S. Stewart, V. O. Kelly. J. Arnold, Charles Beckwith, Portland; j George, ttA. Dicklnspn, Bellingham. E. A, lin ker, Corvallisr. Mrs. Lena Lash Treka, Cal. ; ' Mrs. - Bessie Lane, Riiennp: Mrs. W. H. Tice. Val- seU George Nichols, Sherwood. TERMINTAL Mrs. E. Martin, Eugene; Mr. and Mrs. J. L. Ha ney, Eagle Point; , George Som-er-yille, BuUe Falls; Roy Burch, Dale . Hammersley,; CorvWlls, IP. Evans, Pasadena. , , , . ' .; - Annual Reception to Be Given By Salvation Army The annual "Y. P." reception and program of the s Salvation army is to be held Saturday jalght at the barracks, when the young people of tpe army families are to be entertained. Part't of the en tertainmenlt the young folks, furn ish for . thejmselves. music, read ings, gamera and a general good time. Th?y expect to have the house full.) Oa Sunday. "Col. and Mrs. T. W. Scott and Staff Captain Paul Heisinger are to bV in ; Salem. They : will j speak -at the morning services at. the .barracks at "11 o'clock, besides at the state prison two hours earlier. Colonel Scott is the fourth highest ranking of ficer, in the entire west, and : is rated as an unusually able speak er. He will have especial charge of the holiness meeting Sunday morning. Captain Heisinger is social secretary for the states of Washington and Oregon. ; - WHEAT. . . rr L . r MINNEAPOLIS, May ,J31. Wheat, 1 cash No. .1 northern. $1.15 $1.23; No. 1 dark northern- spring, choice to1 fancy, $1.30 $1.36; good to.choice $1.22 r 1.29 3-8; ordinary to good, $i:i71.31; May. $1,151,4; July, $1.16 3-8; Septem ber, $1.16 WVERPOOL, May 31. Close, whea't, d higher; July, 9s. 9d; October, '9 s, 7 d. RemcedT. , i . . . I i -: - . Ladies' Coats Dresses and! Millinery Beginijing , today,. Thursday Choose1 from our complete., stock of .ladies' coats,; dresses arid .milli-, ne'ry. at new low prices. v. . Owing to the late spring ad sum mer r you still i have , a full season's wear before you. -Buy now at spe cial price's. 1 " , j Ladies' Coats , $9.75 to $40.00 Ladies' Dresses $10.75 to $3230 Ladies? Hats $4.75 to $8.75 '." . '.'! .. r V. .;. ir"-v'.'v- GALE iOMPy Commercial : and" CVuH Stsl j.V' i - X. .frfh ,in) W. m me .Mai 1 m Hie peaks PEOPLE of Salem and the entire Willapette Val ley, today i unKarness a co lossal spectacle. I bring .before you the efforts of a : gigantic iindertaldsg. ; I.Iy score of assistants arid my self Have ceaselessly labor ed night and t day with the 1 purpose of massing a . of high v w w -u- vp IWIA Willi Vr ujf KML2k grade laerchandisL J There nave been no halfway, measures and today When the Doors Swing Qp eii at 30a;m. yon will be greeted by aii avalapche of bargains Over One Hundred Experienced Sales People Will Be I In T L I ' attendance , ..- r ' .. - ... '':!". ...,(,! .... - Orders to Me Were and;Here They Are "Action must be quick i and decisive." A $25,000.00 department store stock is turn ed over to me for quick disposal As a merchandise expert and knowing the only way to move a stock of this kind is to make prices so low that the goods will move themselves. I have done this, i x ' ir ' '':-r-ry:-f-yy:! 'Cl-- Come and See With Your, Own Eyec, A Spectacle that Gomes only Once in at Decade, Today-at the Stroke of 10 THE MAN IN CHARGE : 1' i "V"