"THE OllEUUrr- yTATEJiMAN fcSAlJilJiT,
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Favorable - Trade Reports
With .French Loan. Held
Responsible
NEWSYORK, March 13. For
the first time in nearly a month,
ntoo& price$ developed today a de
flate upward trend although
tiading vaa ptill on a somewhat
Restricted scale,
Several factors; contributed to
the marked improvement in spec
ulative sentiment including the
overnight announcement j that
America, bankers had placed a
credit of not less than $100,000,-
000, to the account of the hank of
France In order to assist the
French government in stabilixig
lis: currency, . the .Inauguration of
dividends on Souther railway com
mon stock, easier money rates and
- -a continuation of favorable trade
reports. .
Transactions in Southern rail-
' -way common exceeded 100,000
shares, and comprised more than
ne eighth of the day'a total sales.
'The stock climbed nearly four
points to C50n .new. high .record. ,
It closed a point below the top
figure. Other railroad shares div
ided in sympathy.
Standard industrials, such as
United States Steel common, Bald
win, American Can and Stude
' baker, which have . been moving
within extremely narrow limits,
were accorded good buying sun
port and closed at net gains of
one;to 11-2 points.
Considerable attention also was
paid . to the '.high i priced speclal
I . ties. 1 Wall street interpreted the
" granting of the French loan to
mean that official assurance had
; j been received, that the Dawes re
l ; paraUons report would be accept
able 'to both France and Germany,
indications that huge sums' are
available here for investment and
. cpmmercial purposes wfere seen in
the widespread inquiries by banks
1 for participation - in '-: the French
' credIt, applications for which were
Buy Hams
MmmmskM
HIS LABEL
I
it Tiiini
trhis photograph. irait; at Ihe
Florida traininR quattrrs or th
Senators, shows the Washington
tluts iour'l 'f tratfy. ne
ieitators vre tlio lirat bis loaKiiu
materially scalerl down.
Call money held at four per
cent all day. Time money and
commercial paper markets con
tinue qniet with no rhanK in
rates.
The sharp recovery in the
French franc based on the French
loan and the sharp contraction in
note circulation featured the for
eign exchange market.
With the exception of Japanese
yen which again reacted sharply,
most of the other rates showed
moderate improvement.
FINALLY LMJrJCllEO
Seymour Jones Heads New
Organization Effected at
"Portland Meeting
Launching of the Oregon Grow-,
ers Cooperative Prune association
to succeed the present Oregon
piitai
TON
lMMw
.This well known Frye Label is a saft guide o-
quality, tecause back-o it is the history of a great
organization which has. been built around the
'determination to give the public a product that
would leave nothing to be desired.
It is a label that insures you a selected, mild, sugar
cured product, prepared under U. S. Government
'inspection, and only Hams that measure up to the
most exacting standards are finally wrapped in
the special sanitary parchment that' bears this
"Frye's Delicious" Label.
rFryeY Delicious" Brand Ham. "FryeV Delicious" Brana
Bacon and "Frye's Wild Rose" Brand Lard are three prod
ucts that should find a place in every pantry.
and, Bacon by thi Brand Namep-you
"EVERYTHING.THE JxAME IMf
r"r pnniit Tn iSkt iito or a o ".t .
team to bein work in the South
ror tho 1924 Heason. Ieft to riKht
are Jack fjieshro, former pitrhing
atai uml now a coach; Nlik Alt
rok. th luuny nun of riislali
Growers Cooperative association
when present contracts expire
next January was effected ot a
meeting between pruue growers
and bankers of the prune growing
counties in Portland. Seymour
Joes, of Salem, was named presi
dent; M. J. Xewhouse, of Salem,
general manager; W. I. Staley. of
Salem, secretary-treasurer: direc
tors for various counties. Charles
A. Park, Marion and Linn; Osi ar
W. Hayne9. Yamhill and Clacka
mas; Wes Elliott and H. W. But..
Folk and Benton; ftdward Allen".
of Forest Grove, Washington;
Retnick Fate and George Neuner.
Douglas and Lane. These officers
and directors were selected by the
organization committee while new
officers wfit be elected at a gene
ral election next fall.
A membership drive for new
members is being launched in
Yamhill county today and other
districts will start the ball rolling
as soon as possible in order to ob
tain a 75 per cent signup of the
total prune acreage. The present
districting is. along: county lines
with the. probable acreage taken
into consideration.
Approval of the new contracts
was given by the bankers present
wlU find'UVem
Ut5 . 1 -
who also is a coach, Clarke Grif
flth, owner, and Ducky Harrla, star
scroiul la.srnian uml new niaj
r?!s:T of the Senators.
at the meeting. A withdrawal
clause, permitting the member or
association to terminate the con
tract between March 1 and March
1.1 of any year was the outstand
ing feature. Members are to har
vest and dry their own prunes un
der association rules; the associa
tion . may reject inferior fruit;
green prunes may be sold by
growers for canning purposes un
der written - permission l'rotn the
association, while the association
retains the right to handle prunes
und pay over net profits after de
duction of expenditures and creat
ing a reserve cost not in excess of
one-tenth ot one cent a pound on
dried prunes delivered. One-fifth,
of a cent a pound will also be de-.
ducted to create a special fund for
meeting capital investment costs.
Only 138 Bodies Recovered
From Castle Gate Under
ground Shafts
CASTLE GATE, Utah, March 13
(By The Associated Press)
Archbishop Peter Fumasoni Bion
di, Apostolic delegate of the Cath
olic church in the United States
th headquarters at Washington
C-, late tO(day reached this Ut
tie coal mining town where las-t
Saturday three explosions in the
Utah Fuel company mine No.
took the lives of 173 miners.
The announced purpose of the
archbishop's visit is to offer solace
to dead miners' families and a lie
viate the suffering of all found in
dire circumstances.
A special committee appointed
by Charles R. Mabey, also is to con
duct a survey of conditions. This
committee will report and make
recommendations for the handling
of cases of those found in want.
Rescue workers accomplished
very little today because of sev-
eral fires in the ill-fated mine and
up to early tonight only 138 bod
les had been recovered. On the
basis of official figures giving 173
men in the mine when the blasts
occurred and on the accepted
h e o r y that all are dead, this
leaves 35 bodies yet to be found.
The cause of the explosions has
not been determined, and in the
opinion of many, it never will be.
Servants have- their faults, but
they don't wait and stage a spect
acular "clean up?' every five years.
DIVORCED AJtD MARRIAGE
A-MLLZO?,iJlE SAME DAY,
TO KrWED Stml HUSBAND
. Mra. Wiltiara Clondman De .Vtn
ny . of San Francisco rexnarriod.
thinking her first husband "'was
doad. XAter she dlacovered that
Cloudman waa alive and that, the
had committed bigamy. Ntw'ehe
Is . divorced from Cloudman ; - and
her juarriaf-e to DeyUmey was an
nulled the same day-she obtained
her divorce. When t the t divorce
drs ( beoomss. flnal she 'will 're
RELIEF WORKERS TO
I II VICTIMS
t J$ I
p vN ;
1 iifjufirri ii r 'fittltm i n
H8M
LEVEL DiJ MARKET
Report of Canadian; .Ship:
ment .to Europe Helps to
Revive Trading
CHICAGO, March 13. Wheat
totlay fell to the lowest prices
since August 7 last but rallied
somewhat wnen word came that
2,000,000 bustiers, ov ranadian
wheat had been bought for ship-
ment to Europe. Abandonment
of belief in a shortage of domestic
supplies east of the Rockies was a
leading bearish - factor. . Wheat
closed unsettled l-2c; to .7-8c .net
lower. May .11.06 and July $106
5-8. Corn finished Unchanged to
3-8c off, oats varying from 3-8c
decline to l-4c advance, and pro
visions 2c to 20c down.
Liquidating sales on the part of
holders of wheat outweighed every
other consideration in the wheat
market during. th.e first half of
the day. .Evidence was at hand
that disappointment was keen
over government reports . failing
to sustain the domestic shortage
theory which for months has been
one of the big props of the bull
side of the- market. As a result.
no adequate support for prices
developed until May delivery had
touched as low aB $1.05, a . level
P(StDi
Combines Its Three
WmU U U U Ji U Ve' Naa
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Crowded with
THE ONLY WAY TO DO IT IS TO SLASH THE PRICES
By idoing this the People of Salem will have an opportunity to buy their needs at the
lowest figure ever presented. WE NEED THE ROOM; YOU NEED THE
MERCHANDISE. COME!
Men's fieavy blue 2?0
Denim Overalls priced
special for this sale
$1.19
Men's Blue Chambray
Work Shirts, good quality
69c
Our entire stock of high
grade $3.50 and $4.00
Hats go at
$1.95
Work Shoes of the best
makes and leathers in all
weights, go at
$2.89
Every pair pf our high
grade stock of "Peter's"
Shoes to sell out at
$3.69
Wen's $1.50 Dress Shirts
go at 75c.
The $2.50 Shirts go at
$1.25.
The $3.50 & $4.00 Shirts
goat $2.39.
Men's, heavy, cotton
Ribbed Union Suit, $1.19.
Men's Arrow Collars
!t 5c.
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Boys $1.50 Hats now
29c
;-f . t -.i,.
within 5-Sc of the season's
figure and 7c under last week's!
high point.
In. addition to , the large pur
chases of Canadian wheat for
Europe, a little export business
was done here, the first in some
tjime. Crop complaints from
states east of the Mississippi also
were noted.
Vigorous buying rallied corn
and oats from moderate declines
in sympathy with wheat. Arrivals
of corn -were meager and reports
of delay to oat seeding were cur
rent. Traders virtually ignored
talk of substituting rye for corn.
though rye today was selling here
at the lowest price yet this season.
Packers selling weakened the
provision market.
J, GENERAL, MARKETS,
DRIED FRUIT
NEW YORK. March 13. Evap
orated apples, steady; prunes and
apricots, firm; peaches, steady.
WHEAT
MINNEAPOLIS, March 13 No.
I northern. $1.12 to $1.17;
No. 1 dark northern spripg. choice
to fancy, $1.21 Vi to $1.26; good
to choice. $1.17 to $1.20; or-
dinary to good, $1.13 to $1.17
May, $1.12; July, $1.13; Sep
tember, $1.13.
PORTLAND, March 13. Graln
futures: Wheat, bliiestem and
baart, soft white, western white,
March, April, 8c; hard winter.
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MercKkndise We Must
400 MEN'S SUITS
Too many, no room they must be sold.
They are of the finest fabrics, blue
serges, banker's greys, tweeds, worsteds
in hard or soft finish. Classy cut to ithe
conservative mode!. Ail go at this r;di
culous low price
25 suits go at 14.85
$30 and $35 suit. $18,65
540 to $60 suits $23.85
'..:p.f-. ' 1" ' "L1
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Ladies' Heather Mixtures Sport Hose
go at i 65c
Children's Sport Hose 59c
Ladies' Vests go at 19c
Ladies' Vests go at ......... 7.14c
Pinched for Room
We must sell out the articles mentioned here
so we will have room to turn around; in fact
every article in the store is on sale. Come early
and buy a year's supply.
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Men's heavy cordu-, Men's Heavy Leather
roys $2.39 Gloves 69c
Men's Tweed Caps ....95c Ladies' Fibre SUk Hos
$3.50 light weight wool iery closed out at 35c
mixed Union or 3 pair for .. $1.00
Suit8 Extra heavy ribbed
Men's All Wool Buster Brown Hose
Mackinaws $6.95 for Boys go at 39c
Sia.'m.
PEOPLES
In Corner
Commercial
go.
1 1
ny i$5npHh Kfcb4prii
western red, March, April, 93c.
OatsUnchanged.
Barley No. 2, 46-pound, March
$32.-10; Aprlf, $32; No. 2, 44-Ib.,'
March. April. $31.75.
Corn No. 2 eastern yellow
shipment, March, $32.50; April,
$32; No. 3 ditto, March $31.50;
April. $31.
Millrun March. $24; April.
$24.50.
Hay Unchanged.
SALEM MARKETS
O&AXX in EAT
S vfcMt ,
N. S rd wkitt, Mtekad
,901
45 $ 4
C&Mt hay ,
0t sti
CioTCT-luiT,
-HI
.its
si;2
lis
Prieta quoted
ar wboIcmI and . rt
by fanner. K ratal
txinaa m aicaav
001. BUTTSIs SUTTTWAT
CraniiT. bottn , -.6le Q B2f
But'tat delivered 60?
Milk, per cwt.
Egg,- aaleets
..2.10
18r
le
H'sndardl .
Pullatg
POUITBT
Heavy -
Medium and HkM hem
FOXX, KUTTOV AJTD BSkr
lt
...19-.
..lie
U..ir., to). 1:fia. . ?7.:"0
H, w.y. J25-?7.'.. fvrt.... $7.00
i t .p. y t.i SO", ,-wi . 4.ro
. ,,g. bxy
ir'
,' . CWt rl ''"
4.e
red 'Ve
Oowe . 02 OlVi
Ton !aium iO e
Well, let the Shenandoah re
main at home. With so many
things up, in the air one might
miss something. A
Big Stores Into
Unload. We Must MakkRoSni tyfckl
Staffs Today
COr.lBl
CASH STORE
Location Only
and Court Streets
11
pasture' Land &e'p!acj
-, , County Grain Acreage
Grasses, clover and hay arc re
ducing the grain acreage ot the
Willamette valley, according to
Harley O. White, local seed ; store
proprietor, who estimates that the
total, grfttn acreage will be cut
neatly 25 per cent by farmers
whoare planting permanent pas
tures in-line with a movement to
stock up wilh sheep. .Both Mar
ion and Polk counties now have a
larger clover acreage than " ever
before, Mr. WJMte. declares.: Wheat
ana oats nave proven a Duruun
and the farmr is getting out from
under the load; according to pres
ent indications. j
Health Nurse Sees Eyes ,
Of ChjJto Examined
Mrs. LIda M. Kins, Marlon
county health nurse,, made her
first trip into the country yester- .
day. The Hazel Green school dis
trict No. 65, was visited and with
th id of Salem optometrists testa
wir; mrtde of the eyes of more
than SO school ch'ldfen.
the eyes of per cent of the
ch-ldrcn are in heed Qt immediate
attention, . according t6 the tests
made, and glasses, for. TO per cent
would be .advisable, according to
Dr. Henrjr E. Morria, who with
Mrs. Morris, made the tests Good
eyes were Indicated by the tests
for between 10 and 15 per cent
of the' children. - ' ,
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3.
32-inch Ginghams, fast
colors L22e
36-inrh Percale. Light
and dark colors, jro
at . . .. ......19c
, ,.,.,;
F3 :56-inch t'halUc rovs at
special .:. 17c
AH the aBove prices c arc
our actual cost.
3 (i inch '' Curtainettes,' .
dosed out at ...:......39c
. . i .
27-inch Outing ; FlanneL
light, and dark t colors, :
go at .19c
36-inch Hope Muslin.
special at 18c t r-
Our Stock of Men's Suits
V (s ' unquestionably the
largest in the city oif
Salem.
Aprons bejoif cost at ,79c '
Sateen, Crepe and Ging
ham Aprons ......$1.19
Beautiful Patterns in Tis
sue Ginghams .... 496
Fancy Turkish Bath
Towels 79c
Cotton Batts 72x84, fco
at -98C
3 6- inch Cretonnes -go
at ... 24c
81x90 Sheets, . special
at . ....$!. 19
Nemo Corsets go at 98e
marry Per Vtnaey, ,yc
4mm
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