The Oregon statesman. (Salem, Or.) 1916-1980, October 18, 1924, Page 3, Image 3

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    IIIh ;lffill
- : - -1 i .
00 3
i '' ' - -- ' "'
1 I
Ill
.jsSlssolii
..1;Jtc-'-.':.:;: f :l
tafde. Quantities ! of Wheat
Bought at Chicago for
ri: i
- rorergn onipiweru
CHICAGO. Oct. 17. Liberal
foreign buying led to higher prices
today in, the wheat market here,
tt was estimated that 2,000.000
bushels was purchased today' for
shipment to Europe. Closing quo
tations for Wheat were nervous at
i-Ac to 2c net advance, December
1.50 7-8 to 91.51 and May$1.5
-8 to $1.54 3-8 with cora un
M(HBi Jest
t . - ! -J 1
l"
I .!-: - 1 -'.:
USGDi
i, r
A
For Saturday we offer you the very choic
est Meats at prices that " cannot be dupli
cated, i . ' i :
MILK FED VEAL I Choice Veal Steak
Choice Veal Roasts s . y. .
i ! 15c LB-
12HcLB- . ' ;
; ' Veal Stew .
Fancy Legs of Veal
p lOcLB.
20c ib. :
" ''i -i.! " v J; - 'l Prime I Tender t
Deucious Younfj , v - j ; ,
to i Sirloin Steak ,
T-Bone Steaks :; . i -
15clB. 15c LB. ,,
:. r u ...t.'i t - I ' 1
Choice Beef Roasts Good Pot RoasU
12Hc LB. 8c LB.
Sugar Cured Sliced Bacon .
(without rind) , lb.
FRESH
Direct from the Coast
whole or half, lb; ......
sliced, lb. .....
We carry a complete line of all kinds of
fresh and smoked fish. StorV and see our
varieties. .
n
Originators of
351 State
NOT IN THE
changed to 1 5-8 c lower and pro
visions Varying j from 10c decline
to 32c gain. -i
Aside from derelopmehts in re
gard to the volume of eiport bus
iness, the chief factor governing
changes in the market today ap
peared to be news affecting the
Argentine .crop outlook, reports
of showers at various places in
Argentina leading to a sudden
dip in prices soon after the open
ing. Significance was in some
quarters attached to gossip that
the bulk of available vessel room
from Montreal during; November
had been engaged for' the move
ment of wheat from the United
States. i This circumstance was
construed as likely to increase the
cost of Canadian shipments to Eu
rope and therefore to enlarge the
European demand for wheat from
this 1 country. 1
Despite wheat ' strength, corn
and oats averaged lower in price
-'
t
v
MIIIBlllill Utti, I .. I iuiu'Imj i: ill . V
r
ll'llllllmimiiAlMliihiiili.i'ii jiliilHl,iiil.lilll;Hl 'TT"N. ... . .1
I . ' 'ii'" 'i; I
J: ftiii Mull H !T
. . ' 1 ; f ; . !
.............
...30c
M
SALMON!
-
12i2c
..: ..15c
Low Prices.
Street
COMBINE
mai?k
as a result of what was contended
to be ideal weather for maturing
the corn crop. On the other hand,
the corn; market displayed notable
selling power at times and a good
deal of ridicule was directed
against: selling "sunshine" in the
corn pit. ';. ''''."'.-. I '
Higher quotations On hogs
helped to lift the provision mar
ket. i j .h
RE-ORGANIZED YMCA
CAMPAIGN SUGGESTED
. (OttUinaA fxvtt pc 1)
J ; ' - -
tions 42, the best of the , whole
campaign; and this brought the
quantity honor td the Kafoury di
vision. I The Hicks-Morris' divis
ion : had the largest attendance,
29; the Arbuckle-McGilchrist-Eyre
division had the financial honors
with S2745, The executive com
mittee reported $950,
; One ! contractor offered a ' con
ditional subscription of $100 pro
vided the building contract should
be let in Salem. It Is understood
that other important subscriptions
depend on .the same condition. '
"I am rn favor of making this
stipulation,- even It it might cost
a little more money," said Team
Captain William Bell, who re
ported the one $100 pledge.; The
whole organization verbally as
sented to this proposal though un
til the! money is raised, of course,
there can be no contract for any
body, j M the "Y" Is a strictly
local organization, owing no dues
anywhere outside, putting up Us
own buildings, employing its own
help and in every way as locally
independent as any Salem business
house or local workman, and as it
is officered by men who have made
II Purein the Can Pure
; in the Baking that's
7n n ririrsirW
TEE VO&LD S
One trial will
make a test
OAixs avTE3 Tnc
' -
While they last we will sell any of the
following pieces at 49c each. J
8 quart Dish Pans I . I
4 quart Preserving Kettles
9 inch Colander f
3 quart Pudding Pans
3 quart Miking Bowls
4 quart Convex Kettles ,
A Mistic Mit Free
OUGHTOM
Hardware
ii
286 N. Cornmercial St.
their money and their homes and
their lives only In Salem, no one
need to fear that they wouldn't
be vitally interested In having the
work done by home people.
Dinner Again Today
Dinner will be served today, as
usual, and a final report made
under the present organization.
Whatever change in plan of cam
paign may. be then agreed upon
will be announced, and. the work
will co ahead on that plan.
The women Who served dinner J
On , Thursday ftnd Friday were:
Mesdames H. A. Smart, H. E. Ab
bott, 11. C. Lemke, E. Adair, H.
K. Ohling, Lee Wood. Huth Snook.
Gordon Black. W. P. Miller, F. D.
Southwlck, F. M. keed, E. B.
Wood, Paul Stege, Harold C. Mil
ler, Edith G. Anderson. J. H. Far
rar, H. C. Firidley. f Eric Butler.
Maud Fallon. It. ti. Farmer, Frank
E. Brown, E. E. Elliott. H. M.
Durkhelmer, Harry i Ross, L. E.
Bradford, A. A. Underhlll, D. H.
Craven, E. B. baughferty, A. Dav
idson, " John iBertelson, James
Lewis; Misses Alma Pohle, Grace
Rasmussen, Piuline I Miller, Mrs.
C. A. Kells and MrsjF. A. Elliott.
Auburn Community Club ,
Has Officers Election
The Auburn Cordmunlty club
met last nfght effecting the elec
tion of permanent officers as well
as Staging a general Jolly up.
Lloyd A. Lee 1 was elected presi
dent, Joseph Tanek Vice president
and Waunita Wallace secretary
treasurer. J
Arrangements , were completed
for holding another meeting the
second Friday In November.
SEATTLE, 6ct. 17 Hay and
grain unchanged.
GREATEST
convince you
forget the rest
c?Atrr otarn dhand
with every piece.
S jMARCUS
. ... , ,
17
DUN'S PROPHESIES
BUSINESS REVIVAL
Report Given Out By Expert
Publication Carries Op
. timistic Tone
NEW YORK, Oct. 17. Dun's
tomorrow will say:
"Some new' signs of expansion,
both in domestic and overseas
commerce, have appeared. ; Des
pite the handicap of price unset
tlement, American consumption of
cotton has Increased substantially
and exports of that staple have at
tained the largest volume in nine
months. Similarly, the value of
general merchandise shipments
has reached the highest point of
the present year, while foreign
trade prospects have been further
strengthened by . the successful
placing Of the German loan.
"Although a full response to
constructive forces is still lacking,
the main trend Is toward revival
of business and all of the princi
pal statistical measures show that
the fall season has brought '; a
definite improvement in condi
tions.
"Recent mild weather, follow
ing the low temperature of September-
has temporarily checked
demand but has been favorable
to crop harvesting and the larger
buying in agricultural sections is
reflected in the more optimistic
reports from the west and north
west. ":
"Weekly bank clearings ' $7,
285,030,000." .
t
I
I GENERAL MARKETS
.
MINNEAPOLIS, Oct. 17.
Wheat: . Cash, No. '1 northern
11.48 7-8 to $1.50 7-8; No. 1
dark northern spring, choice to
fancy $1.59 7-8 to $1.69 7-8;
good to choice $1.53 7-8 to $1.58
7-8: ordinary to good $1.49 7-8
to $1.53 7-8: No. 1 hard spring
$1.49 7-8 . to $1.69 7-8; No. 1
dark hard Montana on track $1.45
7-8 to $1.63 7-8; to arrive $1.45
7-8 to $1.63 7-8; December $1.48
7-8; old May $1.52 3-8; new May
$1.52 -7-8.- , i : ; ; 1 ' -
LIVERPOOL, Oct. 17 Wheat:
Closed 1 l-4d to 13-4 lower:
October 12s 9 3-4d: December 12s
9 7-8d; March 12s 9 3-4d.
BUESNOS AIRES, Oct. 17. r
Wheat," Open 1 l-4c lower: Nov
ember - $1.58
$1.51. , j ;v
Iebroary
SAN FRANCISCO, 6ct. 17.
Receipts: Hay 24 tons; unchan
ged. '
PORTLAND. Oct. 17. Grain
futures: Wheat, hard white, blue
Stem and Baart. October $1.58;
November, December $1.60; soft
white; October $1.58; November
$1.59; December $1.60; western
white, October $1.53; Norenrber
$1.53; December $1.54; hard
October $1.54 Hi November $1.65,
December : $1.551; northern
spring October $1.54; Novetnher
December, $1:56; western red, Oc
tober $1.50;: November $1.51;
December $1.53; BBS hard white
October 1.65; -November $1.66;
December $1.68. : .
Oats, No. 2 White feed, October
$39; November, December $39.50
ditto gray October, November
December $38.
Barley, No. 2, 46-pounds Octo
ber, November, December, $46:
4 4-ponnds October, November,
$48. ( 1 .
Corn, No. 2 eastern yellow ship
ment," October, November $46.50;
December $45; No. 3 ditto Octo
ber, November $45.50;" December
$44. v;- - t ." ' .,
ber $33.'59; December $34 ; Mon
tana mllirufl, December $33.
MdyorGiesy Advocate
: Of Permanent Bridgeis
Salem must erect permanent
bridge structures, either through
the Issuance of bonds or by a spe
cial levy, according to Mayor John
B. Glesy, an' ardent advocate of
this type of structure.
"Long 'bridges will not be nec-.
essary to replace the present
bridges," Mayor Glesy said yes
terday. "Several of these, euch
as the bridges at South Churchy
South Winter and South High, cart
be- greatly shortened by filling
in the approaches. High street,
in particular, needs but one short
span ovr the main channel." .
. Rather than causing continual
expense to the city in repairs and
then having, to build . several
bridges at on e, Mayor Glesy be
lieves It is best to stretch the ex
penditure over a number of jrears
Ti
0 RAISE CAPITAL
Ffl Mill MIES
Pr6pose to Put in Bis
f nd Aerial Tramway to
i !. Market Rich Ores
! !
P. H. Kunkel.. connected with
ihe Lotz-Larsen Mining company,
has gone to Chlcaeo - where ar.
rangements have been made with
an investment concern to help In
raising the necessary capital for
more fully developing the property
of this company at the Junction
of Gold creek and the Little North
Fork of the Santiam river, !
As most readers of The States
man are aware, this property has
already been developed to a point
where there are millions of tons
of irlch ore In sight; rich enough
in popper, gold, silver and other
values to Justify vast expenditures
in Capital investment, for there are
literally mountains of ore that
will, every ton of It, yield profit
above 1 the costs of getting it out
and placing it on the markets,
with modern machinery and meth
ods.. ' . .
So Far So Good
. The company has bored into the
bowels of the earth , with : tunnels
and uncovered the values; it has
bujlt si reduction mill and devel
oped the water power of Gold
creek to run it; roads have been
built : and, completed, buildings
haye been erected and machinery
installed. So far so good. These
men, Mr. Lotz and Mr. Larsen
and their associates, have really
done wonders, with what they
have had to do with. They have
literally hewed a mining property
out of the timber and dug it out
of ; the hills, i They have proved
their property. Every ;; mining
man who has visited it has fully
verified this J statement, and has
predicted the development of a
great camp, with the securing; of
fuQds to carry on mining opera
tions as they ought to be carried
on i ;r i
Develop Water Power,: Too j
The company owns water pow-f
ers along the Little North Fork
of 'the Santiam with energy whep
developed to do' all . the work that
Is proposed, with many, thousands
of horse power to spare; to sell; to
the others, i The present arrange
ments provide for developing this
water power, for building an aerial
tramway to carry the ore in buck
ets down the canyon seven miles,
and to construct a large 'mill for
reducing the ores at the lower or
westerly, end of the tramway, j ;
fThe managers of the company
l SALEM MARKETS
4-
I
ItleM qste4! sr wboieMl sad sr
prices raiTd : ij farmers. : N rtil
prices are
i . : OSAXV AJTO BAT
So; 1 soft whit wheat....-. 1.43
No 1 soft red wheat , i 01.31
Oafs 50S5e
Chet W $1 1
0t key : , i.tl5tl8
CloTer ky, "teled , $115
. rOKS. MTJTTOW AJTD BSET
How, 150-800 ! tt. f 9.50(??i10.35
lioKs. 200-256 cwt f9$9.75
Hog, 130-160 cwt ...f9$10.00
Rough seaTy..... . a.2507
Light towi ,.; 6c (080
Top lreal. , ; , , -8e.
Dressed Teal 13c
Cows , , , , i le So
Lsmbs .
Springers
HTy- heat
Light Bens
Old roosters
.7c
POXTLTKT
ll20e
18e
.12c14c
...Be
Ducka
.18c
EQQS. BT7TTXB. MUTZT3TAT
Creamery batter. cQ44c
Bntterfat, delirered,... i, ., , - . ., :39c
Mitk. per cwt ; 1 $1.90
Eg$a. selects.. i 47c 50c
(itandards ; i 44o
pnllete ,
XO. JOHN. If, ,
DIDX'T BAKE IT
but it's Just, as fine as any
loaf that mother baked or
any loaf I could bake, and
that's a fact, i I got it from
' Peerless baker and if you
didn't know it came .from
their store you'd say it was
nice, soft, creamy, eakey,
home-made bread. Yes in
deed!" ,!.:.:
-Always a bit better'
Peerless Bakery
4 lto K. Ctommeirctal
have assurances that they can
have railroad connection at the
lower end of the tramway when
all this work is completed, or j in
sight of completion. -;
i ' This would develop the Lotz
Larsen people Into large shippers
of ore to the smelter.' and it would
guarantee the working of other
mines in the Santiam region, lead
ing to the making of one of the
biggest and richest mining camps
in the west. . J . ' I
That the Investment of the ad
ditional capital for -building the
mill, for constructing the tramway
and for harnessing the water pow
er, would be amply justified by the
returns to the stockholders there
is no doubt- : ? I -
We have a choice
Roast at bur regular
Pork to Roast
Pure Pork Sausage ; 1S2
None Better at Any Frice
Hamburg Steak,
freshly ground 12 l-2c
Breakfast Bacbii ; ; 25c
Sugar Cnrd; Oar Ovrtt Blake
McDowell Market
Where a Dollar Does its Duty
Phone 142t t : ! j 173 South Cdisincrcial
Open Until 8 p. m. Saturday Evening
ROTE
(Quality Groceries and Bleats) f -
Stark's Delicious Apples "
800 Boxes of the finest eating apple grown, all frcrx
the Gilbert and Patterson Orchards at Eola. Notbiri
finer to send to a friend to show what the Wfllinittte
Valley can do In the way of growing apples when pVcjcr
care is taken of the trees. Fine size and color and the
fancy packs are absolutely free from blemishes or spots.
litra FancV Pack. 72 to S6. ber box ...$3X3
Fancy Pack 90 to 123, per
Orchard Run, per box
MEATS
The very best meat we can buy,
handled with the most sanitary
aqnipment means that the meat
will be delivered to you in the
most palatable condition. Or
der your meat with 'your groc
eries,7 on one delivery and on
one' account. . I - - . i
MINCE MEAT
Mince Meat made , in our own
kitchens with ; the best raisins,
currants and other ingredients
our large store affords ',
1 1 25c Pound
Our Own Mince Pies
35d Each
CAKES and PASTRY
Cakes made, of the best materi
als, by women who make hun
dreds of cakes a week, baked
in a modern- electric . oven;
these are tire reasons for the
.delicious cakjes we turn out, -full
assortment : for Saturday.
Angel. Sunshine, Prune, Choco
late, Nut. Cocoanut, Lady Bal
timore, Mocha, Jelly Roll.
Orders for special cakes must
be in by 8:30 Saturday morn
ing.'' Phones 1885-6-7.
And in addition thlg w6ulj fclVe
to Salem a gTeat minlnj csnp X
her front door; conloniaatlia
that has been long dreamed -of,
and that seems how-to be fairly
in sight, and likely to be realized
daring the coming year.
Babe Rutti and BcS
MeViisel at -Spokcna
SPOKANE,- Wash;, t Ccu Sl.
Fifteen hundred people saw Dabs
Ruth and Bob Heusel lead o
ing teams, chosen from city lea-no
players, .in an exhibition baseball
game' here today. Each of the ti?
league stars got a home run.
lot of &aby Cccf to
beef prices.
iC2
box ;
FLOUlt
' -. ....- -
Flour . is advancing steadily
with wheat. Monday . the re
tall price goes up. Order your
supplies (for the next three
months today and you are sure
to make a saving.
Fisher's Blend, sack . . ..f
Sapphire Blend, sack . . . t
Crows, sack . . . . . . . . . .2.13
HONEY
We have a shipment of the fird
weed honey in pints and quarts.
Pints 40c Quarts T5e :
Valley Honey .
Pfnts S3c, Quarts CZe
Valley Comb HoAey- -y
25c Comb
OLIVE OIL
Victoria Pure Italian Olive 01
Pints BOc, Quarts DOe
HalrGaiionsfi.es
Gallons 3.23
COFFEE
Why . pay for tin cans? we
guarantee oar Gent Bled to
intt you or your money re
funded i 45e Ib.f 3 lbs.
SOAP DEAL ,
A Scooter with 2ft bars
White Wonder Soap C1.00
5 S
No chzrsz tsr-CzIItzt?