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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Aug. 15, 1923)
THE OREGON STATESMAN, SALEM OREGON WEDNESDAY MORNING, AUGUST 15, 1923 I :1 1 4-, t Si J. I YACHTS GATHERING FDR NEW YORK YACHT CLUB CRUISE. lit u 4t " ' - J i 'p& i'???- js !Kj-KiKif;r t"-f " i - ft f t T ,. x -s " ' v f , - f ' 4" L - ? -A, -5 ' C - ft ft - -' K. V P. ' J -- - -1 ' , j ; V-sv" - ""-""' '"""" i r liiimi I in irmi iiiiii ii m 11 . - - f . . '- ' - - 5 ! - . Tljfc Iroiita la in the forvKfouuu. tioisiuia sails ...ruv it the regau, ' wi!ch h-? Sjoii postponed until after the funeral of the la :e Presiient Harding. r..i;.i:. a Y, on I.oir ixUoi Sound. 1 . uiber oran tfre bew typ schooners which will compete eLit&rmtd In The vessels are shown at City Island, near Tlew STOCKS BHD sy! BEFIEWEKDS . Gasoline War and Selling o ,0il Shares Decidedly ; Unsettles Mart - NEW YOftK. Aug. 14. Jleavy selling bf 'the dn shares based on j s thecTttcnslon of the garolfne price ?cuttins war to 15 m'ddlewestern and -sottthwestern ststcs. unsettled . i the earFv part of tocfay's stock '? market but a brisk recovery set ,iln towards the close with netrgaltts exceeding net losses in the final i' Quotations. ' Liquidation of the oil shares was ' accompanied by reports of another '.Imminent cut In ., mid-continent cf fldb'pfl'oes and rumors that some .of the smaller -refining .compan ies Were on the verge of bank- Wall street apparently Is, per plexed by 'recent'- developnienta In " Europe. The Tfactldh 'of foreign exchanges which are generally re i:j carded as a good barometer of the -" trend i of business and - political thought abroad, were slightly un ' (avQrable.i Demand sterling held iteady around $4.56 3-4 . but ; French francs broke to 5.4 8 cents. another new lQwrfat all tim& and ? Belgium frMncs registered a nom ' Inal loss. Both made partial re- ' corery later while German marks actually showed a net gain of 13 - points on the day, being noted at - 400 cents a million, the quick re- coyery in today's market was re . .'garded in many qoirters as proof of the markets sound " technical i3o8ition. i Baldwin, which had sold as low ;as 112 5-8 during the morning, , rallied later to 117. closing at fllC 1-4 for a net gain df 2 5-8 on the day. r United States Steel jumped from &5 7-5 to 89 7-8, showing a net gain of dne point at the close. . Similar recoreries were made by m nnmber of other"- standard .'Shares in the industrial group. Ralls, 'while not as active as in dustrials, also made good Tecover es. - - Call money opened at 4 3-4 Her ,cent nd then ased' off to 4 1-2 jiwhera It closed. I Tims money and commercial .paper ratds were -unchanged with Jff 1-4 per cent the ruling rata, : ToUl stock sales 644,600 shares. j Twenty industrials averaged 89.10; net gain .15. r -. High 1923, 105.38; low 86.91. . , Twenty . railroads . averaged 78.31; net -gain .31. : ' High 1923, -90.63; low 76.78. fflU3BMff Trading 'Reflects Sltipping Situation; Selling Based -, on Opinions . i CHlCrAGO,-Qlog. 14. For the .'first 'time In nearly a week the "Wheat market -today took a de cided downward course. "Euro--ean selling of future deliveries Totitisw x fcaify can tro mads must try ayk h t5 o i. i li lIOs was a bearish factor and new buy ing lacked vigor In the face of six cent recent upturn In values. The close was unsettled at 5-8 3-4 to 1 6-8 net decline with Septem ber 99 1-2 to 99 '5-8. and Decem ber 81.03 3-8, to 81.03 1-2. Corn finished 5-8 3-4 to 1 '& 1 1-8 down, oats at 1-8 off ' to 1-81 1-4 gain ! and provisions varying from a setback of five cents to a rise of 2 1-2 cents. Much of the selling which took place . in the rheat market Was based on .opinions that a reaction might naturally be expected after the continued advance -witnessed of late. ' o t i Some ' bearish '.'sentiment how ever, was apparently related to news that the French government would flatly reject British sug gestions regarding a - settlement with, Germany. r- In various'quar tera a bearish view was also taken of an official -announcement that the Canadian law applying ; to grain shipments : from ' -Canadian ports on Great Lakes would be en forced this Reason despite "threat ened withdVawal of United States vessels -from the traffic- It was contended by bears that the 'effect M the"shipping .situa tion likely to result on - the Great Lakes, would be to' cheapen wheat in western Canada and - render Imports' Into this country profi table, offsetting more or: less the otherwise bullish', influence of any Increased Export ' business - -from the United; States cby way of the Gulf " of . Mexico or elsewhere. Fresh estimates purporting to show that world supplies this sea son exceeded ; requirements were likewise given some notice and the market closed at virtually the bottom figures of the day. Favorable crop reports from the Central west 'eased - tha corn. " mar ket. Good shipping demand up-, held oats. - Provisions were steadied " by firmness of hog values. t)KlEt FttUTt NEW YORK; Attg. 14. Uvapo- raiea apples neglected prunes dull; apricots -easy; . peaches 'dull. LOOSE CDICTS Will BE F1BED Trustiea-Must ..KotjAppear on Salem Streets With out Guards, Says Chief ; That any convict from 'the state prison "found down in the 'down town section or wandering in any other portion of the city would be placed under "arrest, and 'taken to the police station Was -the declar ation made yesterday afternoon by Walter Birtchet, .Chief :t police. These, he said, would-be held un til called for by prison guards. A similar ; statement was made by Ralph Thompson, chairman of the police committee of the'eity coun cij. "Things are going-too far," Ye clared Chief -Birtchet, '-'Not only are the 'cons' coming down town, but they are annoying young- grrls. We are going to put a stop to it. People of the city will not be compelled to rub elbows with men who are still 'doing time' at - the pr'son if the police department ran help it. These convicts hav, no more right to be on the street in Salem than they 'have to be lu any oCher tSwn in the state. ' They would be pfCketfTfp -elsewhere and from now on Will be picked up in Salem as fast as we-find them." Officer 'Edwards Tyesterday : no tified - Warden ' Johnson- Smith that the next time one of the pris on, trucks came down town with out having a muffler on fh- ma chine it.iwoUia . be taken -to tne station and 'the driver held. Ed wards Stated that he had "warned! the drivers of these truck on 'oth er occasions, but 'that apparently no effort had been made 'to com ply -with the city ordinance re quiring mufflers dn all 'motor vehicles. CITY NEWS IN BRIEF (Continued from page 5) 3-Pieee Bed Special ? Three-inch post - bed with' -.tine metal spring, Simmons - products, and one 40-lb. cotton mattress- Special, 324.75., C. S. Hamilton, good-furniture. Adv. Second ' Oregon Reunites More than 200 members of the old Second Oregon regiment thdt did sa, much to pacify Spain and the Philippines, back in 1898 and 1899,: were In attendance at. the regiment's .annual . reunion at l-Laurelhurst park,. In .Portland, namber of delegates, among them Carle Abrams, ' E. E. Millard, C. O. Wilson. Romeo J Gilbert, and W, f B. McKinley. The Elks' band of Portland furnished the music for 'the day; and there was a pro- Labor Furnished Here . The "Salem free employment bureau is now the accredited la bor finder for the 'Pacific -Spruce corporation, at Toledo, ' Lincoln county. This is one of the hig hest timber establishments on the coast, and its new mill, started by the government to- s get 'out spruce; during the war, is one of the finest mills In the .world. The Salem office has been gath ering op a , lot ot men at good wages for the mill. The com pany pays 34 a day as a minimum wage, .and offers especially' good working and boarding conditions, though: there is still a dearth-ot homes for men. with families The Hammond Lumber company of Mill City is also . getting help through the . Salem office, -and practically all loggers or lumber men who want "work are likely to get on at one of these places. Funeral today U ; , The funeral of the late Rich ard L. Swarts will be held today, August 15, at 2 "o'cldck "p. ni,, from the Rigdon & SOn mortuary, conducted by the Rev.' H. L. Pem berton. Concluding " services will be held at the Jason Lee ceme tery. 1 : Goes to Independence--' Mrs. .Nellie :L. Harris, who has been making, her 'home with her dauKhter, Mrs. , Eugene 'Graben borst," v-went to . ' Independence Tuesday, to make an 'extended stay 'with i her son, William P. Harris, of 'the Standard Oil com pany force. : tVHEAT. MINNEAPOLIS, Aug. 14 Wheat, cash No. 1 northern 11.12 1-g f 1.17 1-8; No. l dark nor thern spring choice to fancy, 31J23 1-8 31.29 1-8; good to choice 31.18 1-8 , $1.22 1-8; ordinary to good 81.14 .1-8 & 31.17. 1-8; Septembers 81.12 1-8;. December 11.13 1-2; May 1.16 1-2. LIVERPOOL, Aug. 1. Closed October 8s, '6d; December 8s, 8d. BUENOS 'AIRES, ;AugV 14. Open, September wheat 97c; un- changed October 97 1-2, up T.c, HOPS NEW YORK, Aug. 14, Hops firmer;, state 1922, 25 & 30c: 1921, 17 20c; Pacific eoast 1922, 23 27CM921.19 21c. TOIXCTW ME."" 1 1 1 1 1 1 1 i JHmm.imiiim!w-wii " h'j it WW : : t : : I I ....... i Brig.-Gen, Wendoll C Neville.' United States 'Matins Corps, has been named 'for promotion -to the rank of Mafor-General. 'He will assume 'permanently this rank, which be now holds temporarily, on December. 9. . when Gen. Bamett retires from actlva sertics In "the- corps. Gen. Neville 'commanded tha ' fourth 'Infantry JBriga4e at Chateau Thierry -and for his r 1aterbin earned ' the .nam '. "Follow He." Roof of Gymnasium Soon Ready to Go Into Place Good progress is being -made with the building of the Willamette- gymnasium. , It Is announced by the contractors that all thi brick work should be finished thij week, ready for putting on the roof'- The stSel toot trusses iire. here, all ready to be set .into! place, and the root should fihe ready to shed rain within a vm-y;H few days after these irudses Ore swung up. The floor-Is being Ifeid-I for the second story, class rooms and gallery and other working tar cilitles. ;.'. Most of the concrete floor for the basement is already laid, and part of it 1s dry -enough for use. There was some delay In receiv ing material, -and the building will -not be finished as early aa had been expected, but it will be ready for the opening of the uni versity year, 'September 19. ; The gymnasium 'is 'to have a hardwood floor 'instead of the hemlock floor that Was at : first planned.; This will take longer to-lay, and will cost several hun dred dollars 'more, but it will be a far better floor for present use. and should 'last several times as long. 1 Have Cray !!air crjandriiff? Noariahin Wilt TrMto ;op kaic to wig inal color . vketkar black. brown - r blond. - Romoves dandruff. Pr t a n t fallinir 'tralr . and 'promotes 'it fro will. Oemnaos ' th aoalp. Harm tea , -and plMat'to use.. No loader it it aeea- ry for you to hara grmy hair which handicap you oelal!y and fa buiinesi. . Nouriohine Positively Not a Dyo NourUhina Is a real tonie whrh fedi and nonriah the hair, thai restorjBir it to ita original vitality. It i used and endorsed by thousand - of. .men aad women. , As a . dandruff 'remover lone tt ia worth Many thnea the price asked. One bottle asaalty la effective. Sold by. aH dealers'. laeludins 'J. - C. Perry at 11.25 pet bottle. Hug is Home - Supt. George? Hug, of the Sa lem schools,' accompanied by his family, re'turned'Tuesday evening from, a, 10-day s trip -to Ocean Park' beach, "Washington.. T h e y drove : clear through,' by ..way of Astoria, Tuesday, leaving Astoria' at 10 'o'clock' In the morning af ter having already driven down from, the beach and. ferried across themouth of the Columbia. They report a delightful vacation, with good fishing, bathing, and all the rest that "could be taken within a.io-day limit. Good Wheat Shown' v . Some wonderful heads of wheft are being exhibited at the Gra-benhbi-Bt real estate .office on west 'State street. They are from theC.W. Day farm in Yamhill County, and set a new mark fn '&i?e. , Some bf the heads are six inches In length, full of grain, and almost heavy enough to be used as war clubs.' ' Mr. bay is in the Fed eral Tire company etablfhment on South Commercial.- gram with something for every body. . Movie pictures were taken of the 'wh'ole regiment, and 'these are to be preserved for a perpet ual "memento of the quartericen tenhial celebration of the famous fighting regiment. - Salem had the largest Blngle. delegation -from any one company, 19 in all. The sec ond largest was from old Com pany M, of Woodburn, with seven delegates. Daughter Horn An 8 -pound daughter was born Tuesday, AUg. '14, to Mr. and Mrs. Elmo S. White, at their home 1465 Oxford street. She will be chistened Gloria Arlgne. Mr. White is president of the Ameri can Fidelity & Investment com pany of Salem. I PERSOriAL I Harry Brown, who is in charge of rehabilitation work for. the state, industrial accident commis sion with headquarters in Port land, was a, Salem visitor yester day. , Barnes McCaCf,ery, formerly a bell-hop at the Hotel Marion, is spending a few days in Salem. : He is now In Portland. Miss Katherine Deranleau and Miss Marie Hussel of Eugene are visiting in Salem. ' - Dr. B.. It. Wallace of Albany was in the city Tuesday evening. ' B. E. -Sisson, business manager of Miller's store, is spending sev eral days In Portland on busi ness. ,i ? y . Frank G. - Myers of the Spa leaves today "for a 10-day vacation trip to the coast. , . . C. A. Kells, secretary of the Sa lem YMCA, had Y business In Portland Tuesday, Open House Is Held By Silverton Steam Laundry SILVERTON, Or.. Aug. 14.--(Special to The Statesman.) The new Silverton Steam laundry of which Stamey Brothers are pro prietors, held "open house" .Tues day afternoon and evening to a fair-sized crowd of Interested friends and patrons. TLe I Ing which Is of concreia Iz ntehed with modern ' equi. -throughout. , Achin. burnmt fcrt ? iENTKCLaU:.: end-:. : txfrcshc3. -ONE OP AMERICA'S -STRONGEST COMWIJIL. 3 JJ uvUUTJ-Ut J . L U-LZD Pure Wholesome Nutritive -. Best for mayonnaise it never curds, never gets rancid, even in hot weather Ideal for frying- doesfntsmoke, ttritil too hot for use; gives that delicious brown crust; can be used, again and again without carrying the taste df one food to another; doesn't discolor. A perfect s hortening am aizo oil is liquid, easy to measure and quick to cream. Try it for biscuits, cakes, pie crust. Youll never go back to primitive, less perfected shortenings. In the Can with Hygienic Top Collects No Dust No Rust m American lSdaize-Proclucts Co. New York Chicago m m oil mm Lit l mim, nfi 'X 1 .M . Jin V wmmt Policy in the West Coast Life is prepared for any -t i emergency. The figures below, based on a 5 5000 policy, show what the company actually does for ' you. For 'largcr dr smaJkr policies the payments J , utcHn the same proportion. ... . 5,000 is paid if insured dies from na torsi causes '1 paid if insured dies from accident ' ' i ' and tn case Of total permanent ditabiliry the company -will . 1 Warvek premium pavriiants : . . 2 Pay $25 a week for one year; and thereafter ' 3 Pay $50 per month for lifeand f 4 Pay $5000 to beneficiary when insured dies 5 lf disability' involve loss of limbs or sight as a result 0? accident, Che company wlH pay-$5000 immstllately La casbmArjDmONtoaUothbcne&ts. (In case of temporary disability as a result of either sic$n6ss or . accident the company pays $2,5 a uxcfor a limit cf.fi wees) Don't taytUfpaper aside ttrttSt you hate ton the coupon. It may mean the difference between poverty and happineaa for you and yourf. Mail Uf the Goupon today! HomrOnide Building 'SaaFiandaco Owned by ' she Company ,rf -Wla West Coast Life Insunnct Ox 132-J 9 WithoMKUttieaenarrt.'rl(aie seni nwdJ!tiaftsl ta t orauiioo about youc Pexfou Protccuoa Fulicy i , . . "M- - ' ' " - ' ' ' ' (IS) tfSsrr"(De2iD5r l-wir,iffiih3 'INSURANCE COMPANY' - siciia cwictm rnoiosca -DISTRICT MANAGER WANTED r r 1 TTiousands ! Save Mbhey -' Every Day , Daring ' This r This is positively the most stupendous attemptvio dispose of an entire department store within a limited time A Yard Good Hammered Down 27-in. Plaid fine Amos keag Ginghams 36-inch Curtain Scrim, nowyard Genuine Hope Muslin goes at '. $1.75 value Crepe de Chine, now 27-in. Heavy Fancy Flannels now Heavyweight Denim cut "to 19c 9c $1.49 J18c .;35c 17x24 Feather Pillows 87c Of all new mat:ral fancy heavy ticking, regularly sold "at $1.25. SALE ! For the Women Silk and Wool . - Dresses $750 This value will positively astonish you for its low ness for the high quality of the materials ' and of the chickness of the styles. ; V .--!- --... A Sale For 'Ypii 56 AH 'Wool t v 1 u , Suits ;; $16.85 The price in itself will ell these but -when youTH see the suits you'll buy two all sizes well tailored. Men s Heavy Worlc Shoes $ 1 .95 BUY YOUR GROCERIES FOR LESS Libby's Pork and Beans, medium size, 5 cans ............45c Golden Marshmellow Syrup, 5 lbs. : 45c Pint Economy Jars, dozen, complete :.. ...:........97c Fancy Spider "Leg Tea, now, lb :33c The People'c Cach Storo ' " ' Salem, Oregon rJen's fiirnislil: 1 s sSacrif icing; All , Men's fine Worsted , 1 'J Sox,1 good weight C- Men's '75c Four-iri- Hand Ties Z us Z All sizes in Woolen Caps ." A for boys' and men .;....""fji C Men's $10 Dress' " Shirts, well made ..... Boys' 75c Leather work Gloves now;. .Special Selling f on' -f ino !vioio I Tn i j ITS derwear, par garment C .Cc 37c 500 Pairs Womeno Slit 'r . . Values to $6 00 Both in Slippers and Shoes, all colors-most fiizes.