The Oregon statesman. (Salem, Or.) 1916-1980, January 17, 1925, Image 3

Historic Oregon Newspapers

The Oregon statesman., January 17, 1925, Page 3, Image 3

Image provided by: University of Oregon Libraries; Eugene, OR

About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Jan. 17, 1925)

Prev Page of 8 Next Prev Issue Next Text PDF JP2 (5.9 MB) Clip/Print Image

Return to Top

Prev Page of 8 Next Prev Issue Next

Newspaper Page Text( I THE , OREGON STATESMAN, SALEM, -OREGON SATURDAY MORNING, JANUARY 17, 1925 pniir'nnnnecunc OLLLI Uli I IILUUUilU ,1 IS FELT MCI Ten Weeks of Steady Rising 1 Prices Is Followed By r. Orderly Decline tork prices were subjected, to ailing pressure throughout the jtreater part of today's session la further readjustment of the mar ket's weakened technicat position resulting from nearly ten weeks of almost steady rising prices. The ruction in most issue , was en orderly one with manr of;tbe pipular rails and industrials mak isg irregular recovery , owing., to liort covering in the final deal- I lags. Opening prices werefrom - buying having come into tbe market overnight as a result of the continuance of i the loca federal reserve rediscount rate at 3 per cent. Except in a. few; la stances, however, operators on the lug side showed little disposition ttt follow up the advance: with the result that bear, selling was re- number of Issue. inrri-nm. wmul ratner saarpu reactions t&rtigii- larly ataongthe pc4altjea. ; t, faui issues -were offered laS rainex, large volume on President. Bryan's "confirmation- of - reports; that the road had failed to carp! its fixe4 charges last year. r That common sagged ;to 1Z and the; preferred to, 23 U. closing, at? 1 and - 23. for net losses of and 1. respectively. States Steel unnea states steel, comma nuctuated within a range, oflejMf than two points, closing higher at 123, Baldwin showed a net Rain of 14 at 133; aad Ameri can Can moved u U to lCl.to l! Nash Motors -was the outstand ing, individual feature,; closing J 6 points higher at 266. "or 56 poises above last week's close, f f ii Ca.ll money held steady at $i per ent. Time money -and com- mercial paper, rates wer unchah&i Foreign exchanges .were irregu larj. Demand sterling ruled aboyt half a wot lower, around $4.774! while French francs held firm around 5e. i . - f j- ; .,- fjj Italian lire made' moderate :Ve covery from recrnt heaviness.'; If the smallest hole appears :'te six months, we will make FEIEimSuDIS? ,1 TO WHEAT SALE- Prices: Rise- Following Sharp betback; High Price Record. Is Set : ' snmed by. professional traders in other absolutely free. AMUSEMENT DIRECTORY OREGON. j tAi TODAY ' r 2 PERCY MARMONT .:' '.i::"-. Ia.t K: MTfTO CtEAN HEART' : TOMORROW THOMAS MEIGHAN , -i"''. i is TOXfiUKS OF LIBERTY TODAY RKBR DANIELS In "daxckrous .mom:v" TOMORROW MURRAY.; tit.. . i i In . CIRCK THIS t JJNCIIANTElt' CHICAGO, Jan. 1 6. -Hie Euro- pean lauyjng, gave a substantial lift to wheat values today after the market had suffered a sharp setback, early. '. July - delivery , of wheal sold at ai newJhlghu price .record. for the season. Wheat rclbeed firm,- to l6 net higher, May, 11.83. to .$.1,85-.., and. July, $lv59 U to $1.59 'witl com lc to lUc up; oats c to .c off. and provisions unchanged to 22c lowerl 'v It was estimated' that 1.500. 000 hushelg.of wheat and 250,000 bushels of rye were purchased -to day for shipment , to . Borope. About half of the wheat taken.was domestic.' ' Rapid" price changes and active trading characterized the day from start tojflnish Much.of the buy ing, was said, tQ be , for reinstate ment of holding recently sold out. , On the other hand, a good deal of new selling was ascribed to, the-' fact that unusual amounts of! United States wheat; have ac cumulated; at the seaboard ( ,nd that the : movement, to primary centers continues to. exceedthat of .year ago. - .; . ; : Corn . showed, considerable In dependent strength. Rough weath er likely to hinder the delivery of corn at rural elevators was more or less responsible. 1 Demand for oats was indifferent. 'j Lower quotations on bogs weak ened the provision, market and so likewise, did announcement or. a heavv increase of the stocks of lard here; j Xtaroh-M." ; C j' i -'! 77:' Alrn,stAd4rd, Janar ruar MarciaSf,;: f-i 'f.-"' . Dairy -produce xciaase:k - But-. ter,, extrAs, ,4 4c; standards, i42 c; prime, flrsta 441 firstafllic .' Eggs, - extras 54c; first 63c; pnlleta 52c; peewees 45c;furrent receipts $99?.: Vr ? J NEWJTOR Jan; ieapor ated apples, steady; prnnei mo'e demand; Oregona,, J 2c; ap ricots, ,t Urmef ; T fancy, t 2 5c ; peaches, firm; raisins, steady. IIops, irregujarj, state! I"924. 2833 Paclfic coaRt 924. 16 1 i IJVERPPcrUr Jai"l6v-Wheat closed 34d to 1 3-8d lower a March 13s 10d; JMay 13s :.IdJ BUENOS AIRES. Jan. 16. Wheat opened. PeTroary $j.?3 i ; March 1.73 GRAND TODAY AND TOMORROW "WELCOME STRANGER" . ' With .': FLORENCE VIDOR , Mi l : Price wtr4 r wbele kii'"r pmaa mr rvrmu. NO. 1 Oft rtttt Wbatl A T . . . . ' Cheat hay i...i.. u ny- . ...i 4 0t T)d Vetch hay,...JL..L a . . . Eon Vel , Uressd .veal, top.. s run .7 i.;-.t.8 i-.S14 f 4 if A K .19 Zaab w..-.. - v potrxaarrT Heavy hn Jj--ilsi., Hpriugra ju ....., . M Light fcni. Dncka ZOOB. JBUTTZX. atTZSEXTAT Crramery batter I.:.t....g..S.y..lA849c "Buttetfat, dliTered.. Err, standards Pnlleta - s-4 - Ahk IStfe .tOSei 1 IS 19b jeais XSQISC ..ee $2.04 a I GEMRAL:MARKETS: PORTLAND. Jan. 16 Grain fu tures; Wheat, hard: white, biae- stem and baart January February, March $2; soft i white, : January, February $1.87; March $1.88; western white. January, f 1.86; February ll.sff:' March $1.87; hard winter, January, February, March $1.87; northern spring, January $1.88; February, March $1.90; western red, January $1-82; February $1.82; March $1.83; BBB hard white. January $2.15; February, March $2.17. :i , "Oats. No. 2, "white feed, January $42; FehruaryiMarch $-.2.5t,Ni 2 gray, -January $41; February, March $41.50. Corn, No. 3, eastern yellowfship- ment, " January, February $5Z; L fTJ nniffnc ill, Ul -- is . MOEIS sin Retailers? Buying Cautiousty, Despite-Gradual ricking 1 up ot Business ions -members of tnec organisation 1 and Dr. WUlIam B. Mott wa choa n.Co furnislT ifj.Io.fhf coming meeting CliGiSipPM- Brad- Lindsay and Glasgow Found Not Guilty m;Pp ice Court l-' ; Trial Friday. PEER PM01E0 flr JUDGE KEllY Man Pleads, Guilty to ting Affray nt Detroit Escapes Jail einbloyment; Some : 'markets, in -afeas Uvpred bt large grato crops j,a- ? also "declareil' bHnging Qodrceaeem tof ex- h& c&se was A at the slower ;th'an; expected ex pansion of business.? 1 Weekly bank 107,223,000. clearings ? $10,- IRRIGATIONISTS - STAGE.; HEAR I UG (Coatlnaad troaa mm 1) ' - be absorbed - 1j , ? t The Willamette Valler Irrigat ed Land company tnd. ihe Santiam Development company j re rep and 'f. Masters. ' They laid claim to the undevelope d portions of the project and said they want ed?to go ahead with hq jdevelop ment. They showed Contracts by which, the settlers wou! pay $"50 an acre for the water jr hts and $2.5ounnual maintenance, first jmyment to be made when water is' avaiiable on the land. The Set tlers would give f irii Mortgage on the land as security j Their ob jection to a permit beingj granted Porter and his associates is that it will let dqpwn the bars to other applicants and 'disintegrate the project. Percy A. Cupper, former state engineer, and j wjio repre sented the Portland mei as attor ney yesterday, claimed jt he policy would," upset the whole; Oregon, ir rigation, scheme end restors comlpg into put their" money into projects.' ' nrevent in- Jthe state to irrigation ' T . 11 . I t ' v i m. to. 3, eastern yeiiowsnii- t . . - ) rTr..jil ment, " January, February $52; pro jects. ' NEW f ORIv Jan. 1 145.- street's tomorrow,: will say: L f "Trade i and industry? show a gradual livening uD'aa the month aovahces.i Al re" tail," cold weather with widespread snow f and reduc tion 'sales' make for" fair distri- f'Net Guilty," wak the verdloe butlon of seaponal goods, notably returned by the police court, jury neavy cktwoj:,4shoes am, ruonerin the trial of Cf U Updsay and to! year ago! 4 Coat buying for Glasgow, who Were arrested domestic uses has seemed' tci more recently on the chkrge of possess- than offset the slackness in steam (ion of liquor. The veidict was re fuel and from a number of jpohits lturiiea on three cuns tbat there - - . t i i . a anmtA . ..u.. AM liven upi and shipments of jsprjng I how that Lindsa jr possessed the goods, are activjp. Reta.iler. hew-1 ikjuor. that it was intoxicating, Tr 'Ctiouslyv About lbel-,; that he rtld tnnw "thif th Yikcsf !vannira -. a a 4r iWa f r riVkiri tr I ; - - 1 T -. . rrvfWPl .r-n-r-iliouor wan conceited in tWlat- iraae come irom.Jron. .ana, sieeii- r r TT-T . ctnttTM vrhrnra i nr3i!nir f nrniMt I rlue. where it was found. R. L, ana mui operations point xo, largo i Glasgow, who was arrested at the h in iiiiivmain r . !nnia : wn arasis 111 . t i . same ; time on . xne same caarge ot guilty. dismissed Unusual attention was called, to the case, by tne oiscovery or .tne liquor in the latrine on the irop-f erty ff Glasgow Officers pulled tne '.eyiaence irom pne excrement WItn j, a potato-! xorK, wnicn waf near t the place pf, concealment During the process of in-vesti gation it was ; discovered that a stUl-i was concealed In a trunk thatiwas held "at the Glasgow res MonM. it wa brouznt voinntar ity to, the station' by ; the accused and turned over o the ponce or- ficials. In the trial the acceptance of this , as evidence was objected id by the policei f i -! f Glasgow claimed to be an elder ih the Church lof God. but it Is alleged by off iqiala of the church ttin- Ine flrnw v a int Vk a1 b fn ,4pen,aoTO 10 au ex-service men tne'or?aDization. .th"t he is an "4 r .m n" Blen n?,0,1?a;uyJ.elderi. It' ls undeWtood, however. me 2aiem wits ror mnTsaay eve- tinf- i Uin t tTi ning. January 22, according to the I rhSv- h n llu hj mmmiinlMtum ailtpMsnl i 4rio I 1 . . . . .11, - American legion byilL J." Weid mer, secretary of the Elks.- ; " Polio wing the .lodge, services of that date the Elks' temple will be thrown open to members of the American legion and! other ex service men. of, the city. ; a' pro gram and refreshments aire 'feat ures of the evening.' j1, "! The committee in charge of the entertainment by the Elks Is com posed of Wallace, Brown' and. E. C Cut But J Pleading guilty to "the charge of assault with a dangerous Weapon pn Harry Christlattsoli,! hotel : pro prietor at Detrottrwiiliam arker, indicted under the nameof . Wil liam Harper, was sentenced by Circuit" Judge Percy ! R; Kelly to one year lu I the county Jail and paroled from the bench, after he fetrort.-.Srhere trewas- sub-ccm- tractor on the Betfoit-Niagra road. r,-- -T TTTT ' Woman ,wa.nted, f prf any pressing.. Orden Times. EX-SERVICE I ngs, '". T'' "I n had changed - his plea from ' not gunty. . -; -'- I Parker -was arrested last Octo ber at Detroit after he had seri-i on sly wounded the hotel proprietor and two men named' Brbwn 'nnd' Gearin. According to j the story told by the paroled man he had finished eating supper at the hotel in Detroit and" had come' into the lobby, where be f accidentally caused a disturbance wjth an over- tarned chain Christiansen, it is alleged, jumped on Parker and la the melee that followed the .three men were badlv cntifrr a nifn weilded? by, Harper. jThey were was brought; to the county jail. One condition of j the parole ' is that' Harper was not to"return to INVITED Br ELKS Local Order. to Stage. OpenH House Witn bntertairiment and.- Refreshmen connect ions with them some time ago. t I.-0!fcO. DF.iFIiTS PACIFIC EUGENE. Ore. i versity 'of 0ron university j of. forest Grove here tonight.1 48 to; 1 team was ;hever ed. 4. The Oregon riously'cohlest- Miss Corner Sends Letter : To City From Arabian Port ; r ? T .'I From an Arabian port onthe maian ocean, miss marie corner has sent a letter to her mother. Mrs. John F. Corner, stating that just, a few laps remained on her Journey to India and that within. a few" days the party would dis-t emoars on uiaian soiu ft . - I M , A. cablegram was receivea irum the "Methodist missionary aboard, stating that Miss Corner had. art rived safely in -Bombay,' but as yet" no letters have been received here. ' The permanent address ot Miss Corner is the' Methodist Episcopal Mission, Club Back road, Byculia, Bombay, India." " :t: j J, !i ' Infthe letter from the Arabian port Miss Corner told "about the difficulties experienced by the party in securing stamps to mail their letters. It seems that the party of mIssionaries,',abbutS0 In number, wrote so f many letters that the stamps could hot be pro cured. 1 ' ' ! " " Miss Corner rites interestingly of her experiences in the Orient, where she is to remain during the next five years as a! missionary for the Methodist church,1 Miss Cor ner Is -.'a graduate oL Willamette dniverjiity hndlhas setured special 'XO, JOHN,?! ! w ; 'I1T)XT BAKE IT : but it's just as fine as any ' loaf that mother baked or any loaf I could bake,1 and that's a fact.- Z got it from Peerless Bakery and ifyou didn't knew 4t: came from-' Iheir store you'd say it was ' nice, soft, creamy, cakey, ! nosae-made bread. Yes la-1 deed!-", j n j .- ". "Always a Bit Better" , ? PrllBaheryi IATXCH AND PASTRY. T j 170 N. Commercial ' ' 'Phone SOS ;' v Jan, lv Uhi- defeated Pacific MOTH'S We havi teecur4?3 the services of, Perry E."" Tanner of Kew. York, ' who has spent years ot his , time and is known as a mayonnaise expert, to bi with us all day today,' January "17thy and make fcr, us the finest mayonnaise possible to make.' . Made; in wood it will iave no metallic taste.' It's to be ; ' the "best grade possible' to produce. ' ' a Yon will find it a most wonderful mayonnaise.;. Our capacity will be limited, so order as early as-' ' , possible. j ;- ' - -? ' --: -'j :-;r, " ' Will i Serve Eatins SarhDles All Day Eree PHONES 1885-6-7.1 134 N; LIBERTY ST.? embarking for India.: Lions to' Rhyme Stanzas: Secure Attendance true AlTstrlatlon- in the manner of procuring the 'weekly attendance prjze,' has been, adopted , toy tne Lions club, to be-put:ino effect at-their next regular meeting. In I stead a of " drawing?; .lucky j cards. i members - are v to . compose jingles ; and .the best, one , will be awarded the nrlie; Lion Rhfe hlte, sec retary of the organization Is judge and ; he ,'wiii; determine the; merit of h a' Jlngie. submitted,";' i v : The jingle, Is a, rnyming stanza j of fouf ir moreliles.ranoAln'ililsl InsUnce the Lioni competing, 'are 1 to till, in tie last line of the stan'ra that will be 'submitted wjtn me weekly r letter. r ' The attendance I pre is to be donated py tne var- bsavma u m't?. -f-" - stems - ; i i J - - t . t -ill onevs SATURDAY PJROPUCE FEATURES l ORANGES Large basket f fun, fancy fruit, basket 1 QO I FLORIDA GRAPE FRUIT i OC-Mr - WC j Large heavy fraitS'forlI &C- ():. Week Prices All SHRIMP Fancy, 50c r ) NOIL tins M95c CALIFORNIA TOMATOES rvith Puree " No.!2V& tins 6 tins 14c 79c FEDERAL MILK Large cans Q. cans 49c HONEY, Idaho . .z comas ... Comb, 55c SAtMON McC&wan "Col unibfRifancq Quauty, oval tins. uTlfC ( PINEAPPLC Hawaiian 7? H 4 1 . f ...... .. i a. w cuis! $L35 k MATCHES, oogwde, jarge opxes, , 12 boxes; 55c Satodiy u i Features . IODIZED SALT Royal Crystal; 2 lb. carton, 2 for r. 1:1 SUf3AR Pure i ti i hi.. lO.lbs. rl i ... CRYSTAL SOAP 10 bars i WHITE 39c BUTTER Skaggs sound i : :. ,i4S C f . - ft 2 Iburoll .i-i i m. i a. ROLLED, QATS--- 9 lb. bag:iv SNOTVDRIET."-SIlOirTENING-i- pau -..-.j. 89 c PALM, OLIVE ? C Soap, .per'- liar. JC 1 Limits baf s ! All Week Pnces 'f ti i i RUPERTS JAMS - Pure Fruit and :. Sagarj ; Rasp berry, Loganberry, and " - btrawberry, i j lyl 9 oz. tumbletLUU. IiC 3 f or ..1..:.: n A 39c ( ! CORN MEAL Freshly ( 1: milled, , r T OA- ? , 94b, bags ...... eJsVC; i J GE$I NUT AIARGARLNE ) Made in Port- ! VJC? la'nd, 3iibs:.:..::,LL W P t 1 BREAD Fresh double? ( , loaves; 2 double 25c ( ) DEL MONTE PEAS No. (V 1 tall tins, f 1 C n : each . lyv ( c iins i.L.;8?C;:( SEINALL Best California j No. 22 tins . 3 tins tJ ! ' I ' m C '! PLUG TOBACCO Star, ' by the plug 3 tf ' 69c Sunday morning' breakfast is: a:: eooJ time to: try. Snowdrift in y;Qur -. r-r - trii:X Lv c - 5snnwdrift mav not" make favorite recipe tor ;nqc . -: " " v ; i Vt, fnfnilv.e hkclv to think sa you a Detrer; v1- v TTV , fill iJiiitiil Snowdrift-is made by the Wcssoi Oil.pcoplcut of oU as good a fine soil (0) vie IU7 U. ! : STTURD A Y M ARICET FEATURES r CHICKENS Youpg spring; 'aOO-; PRIME SJIOULDER Frpin-yoUn f ryersi drawn, pound ; ..J.OOQ pig pxjrki.TyelLtrjrnnied, r i c.fr; - -- ; .;:M . ...... pound . :. 1 it c ggg-33c ElQg TOUNG PIGAREIBSh r HAMSFancy; Sugar; Cared, ;o Fahy fresh; pound CUJ itJtv- 'half or whole, 'pouftd"-.:XI . ci All -our cuts of Hleat are frenvyotifxxrrr ilcclu 1: 478 w .