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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Aug. 4, 1926)
' 'SZiir- TIIE OREGON STATESMAN. SALEM, OrtEGON. i " ' I '" " '" ' ' ' " WEDNESDAY MOrtNWfl; AIKUJST 4.- 1920 " ; - act niirmiiCDMv UtUJ II IS DUE THIS WEEK Don A Monts, OAC, Advises Application tp Kill Late Worms In order to combat the late worms, fruit growers fn the Will amette. Taller are advised by. Don Cj,. Mote, OAC enjtomologlat, to apply the last codling moth cover Kpray thla week. On pears and frly maturing. varieties of apples this spray may possibly be omitted without great dfcpiafce, The worms Jraay pet 'a few apples, but the cost ; of the spraying operation plus that of wiping the fruit would no doubt exceed the loss caused by a few wormy apples. Late maturing apples, however, It is bellevelBhould receive a spray at this time if they are to be ade quately protected throughout the next two months. j Lead arsenate . is j the standard spray material. The powdered ar senate is used at two pounds to 3 00 gallons of spray. BANK DEPOSITS RECORD SHOWS $2,000l000 PEAK (Continued from paee 1.) increase of $1,694,269.65. During ?Jh accumulation of these addi tion al reserves it is well to ob Ttwrve that the loans ftnd"discounts during the same period were in .creased more, than 'the investrn eiit ,ln 5l6.000.OO0; government. . municipal Bd other : bonds in- orrtased, more than $$,000,000 anl through the same period of time rediscounts, bills payable and oth er obligations for borrowed money Wro dclNsed from $ 5. 6 05.000 on June30; 1925. down to ?,,- g35Q.00rt on June 3 0, 1926, or a decrease covering that period of approximately $2,2fi,000. These respective items, in particular dis- 'dose a very healthy condition. Th' report as a whole discloses that there has never been! a time with in the history of th? state when the banjdng businesslj appeared to ' more healthy or wien the state ments submitted have disclosed that the trend of thejbanking bus iness has been on a more consist ent equilibrium. "The increase of bank deposits since June 30, 1925, is shown principally under the following ... Jtems: i "Deposits by banks and bankers pained. $3,800,000. j "Individual deposits, subject to check, $6,300,000. "Time and savings deposits, ap- proximately $8,000,000. "It is very pleasing to observe that the increase in time and sav ings deposits has been continuous for the. pt six years. On Nov :..ber 17. 1919 time and savings deposits aggregated $73,800. On June 30, 1926, they were $115r 000,000, showing an increase within that period of time of more than $42,000,000. "The number of sayings depos- Cross , Meat Market. Biggest, busiest and best In Salem. Choic est steaks, bacon, hams, sausage, lard, egga, milk. Absolutely sani tary. 370 State St.; j () Gabriel Powder & Supply Co., lumber, building materials, paints and varnishes, roofing paper. Get prices there and make a big saving-- Office. 176 8. Coia'i. () mm ui urn. wi.,r i ... : GROCERY STORES UNDER The ASSOCIATED STORE has purchased the Wiggins & Wiggins store on Salem Heights, River Road Grocery in North Salem, and F. E. Lehman Grocery on ' 1 90 South Commercial street. These stores are now a part of a big chain of stores and. by having a tremendous buying power can surely save you money. New customers are being added daily. Are you one of th em? Our service and prices are fully guaranteed. Don't walk, pick up your telephone and order. Make arrangements with the manager of your nearest store so you won't have to pay C. X). D. We deliver free any place in the cityv Fresh vegetables every morning. Just a few prices: 10 Lbs. Sugar 63 c Our down town store carries the best and most complete line of Fruit .and Vegetables that can be found. Any of these stores will get you what you want whether we carry it in stock or not, as we are a Service! Store yith Cash Store Prices. PHONE North Salem 494 Tho AGGOCtATHlD GTOniZ ; temCwportlMcMinnvillc,: Sheridan, Albany, Scio, r n ii ii i w,nw wiiim ' " '" Mini "i in r- - nt " lr r " -"rf S-W f A Vv -v t jjj v's - t u . . ; -V; 1 V V'J V --1 "7 "The imerican Venus" is now playing at the Oregon theatre, and will be seen; here today and tomorrow. Esther Ralston, Ford Sterling and Lawrence Gray are here shbwh in a scene from the gorgeous comedy-spectacle. . irors throughout the staU has :n creased to a very encouraging pro portion. This nas been d ie large ly to the efforts of the eqir iHipnai work conducted through the Var ious avenues originating under the control of the Oregon t(.ik ers association. The ed u-atii.nai committee has accomplished some very effective results. I'erol aT generally )ecoming mor- 'niiio ed that the system of safners ss recommended through 'ir l;ink ing organizations is the uios; feas ible and practical methoil oi ac cumulatinK and reserving tlieir earnings. "A savings deposit, aside from the interest which accumulates, is available to the depositors when ever the funds to meet demands may be necessary. Greater safe guards are also being provided to protect depositors under the re strictions placed upon savings banks under our recent laws. A-; a matter of fact the savings de positors in connection with insolv ent banks-under process of liqui dation within this state, have in the majority of the cases beei. paid practically in full. Ia other cases the percentage of loss has been very small. "I am also pleased to call to your attention at this time the fact that no bank failures haw been recorded in the state of Or son up to the time of this report. Herbert Staab Visits Relatives in Stayton STAYTON, August 3. Herbert Stack came over from Oregon City for a week-end visit with his wife and baby. Mrs. Stack has been here the past two weeks, a guesl at the home of her mother, Mrs. Elizabeth Stayton. " She is remain ing for a longer stay. Eugene 'Daily Register' holds open house reception, to celebrate its new home. ONE MANAGEMENT In Order to Best Serve the Public 0 Lbs. Potatoes 19c 3 Pks. Corn Flakes 27c - .PHONE 190 S. Commercial 305 Get acquainted with our managers You will like them Playing at the Oregon PICK LIFE WW. TIN ST Reed College President Urffes Students to Select Fixed Goal " "No person should atlend col lege without making two investi gations," according to Dr. Norman Coleman, president of Reed col lege, in an address before the Ra U m Kiwanis club yesterday noon. "These are, 'Why do I want to go to college,' and 'What kind of a college do I want to attend.' "The first colleges in this coun try were like the ones in the old countries of Europe. They were for the upper, wealthy classes. They prepared the students for the four learned professions. The piaduate found himself in the fix of Nathaniel Hawthorne, who said he did not wish to be a physician, lawyer or minister, or live off the ills, misfortunes and sins of men. so he had only one choice of pro fession left, that of writing." The colleges now have become diversified, according to Dr. Cole man. There are many different kinds of colleges and many dif- Henry O. Miller, 184 S. Com'l. St., where most people prefer to get their auto parts for all makes of cars. Trade there and make savings on all auto parts. () Director's Department Store Is building up a reputation for guar anteed merchandise; conducting a real department store; making steady progress, too. () First National Bank, the bank of friendship and helpfulness in time of need. Interest paid on time reposits. Open an account and watch your money grow. () In c. 3 Shredded Wheat 29c PHONE Salem Heights 75-F-3 CO.. inc. Lebanon, Monmouth, Hebo i r r ferent courses in each college, so that the student starting out is apt to find himself lost in the maze. One of the wofst handicaps that can he put m a youth .beginning college is to havn his father hand him a big (heck and say, "Now. go where you ; please." He will have no idea of what he wants to !o and probably: go through col lege seeking merely to get by. As a sample of the queer jum ble of coursesj taken by many students. Mr. Coleman cited one student who took history, phil osophy, sociology and fertilizers, without any idea of relating the courses to each: other so as to get a real education; Dr. Coleman concluded his ad dress with an appeal to parents to advise with their children as to what they want to do in college, and help them find what they are most interested in. The world is becoming an increasingly difficult place for children to find them selves in, so they need all the ad vice they can get. UTILITY RATES CALLED UNFAIR, AIRING COMING (Continued from page 1.) sion of this statei with a view of correcting these conditions. "I would like very much to have you act as counsel in these mat ters, and if you will consent to do so. would like an; early conference with you so that as a first step in the movement for lower rates and charges in this state, complaint be prepared and filed against the Pa cific Telephone &i Telegraph com pany, a concern which in my judg ment is probably One of the great est offenders against the public in this state. "Investigation of the telephone situation reveals some most ex traordinary factn. Practically all of the capital stock of the Pacific Telephone & Telfgraph company i-i owned by the : American Tele phone & Telegraph company of New York. The! latter company leases to its own: rhild the Pacific Telephone & Telegraph company, many appliances i knd instruments at rentals agreed upon between the Pacific Telephone & Telegraph company and thej New York com pany which controls it. "The American Telephone & ! General Markets LIVESTOCK POIJTr.AVn. Aug. ii. ( llv .Woriatpd P'crs.) "ntl- anil ialvpn rwripts (.l IhrnnsJi) Kteaily.; j Calves, nipdiiitn to 'lioiff in ilk fetls -xclii'l-l) $H (i I ()..",( : nils and common $."(itH: vealerx medium and chiiiii' if 9..06r: 1 :i i culls an liroinmnn jn fn S."0. t attle jirires unchanged. Uoici : nominal Me l v. Heavy weight i J.Vi-Iioo medium, gtind ailn choice 9i:i 14.7.': ir. ed id in weiiclits ( 2O0-Ji"(l) com mon, medium, j-ood and choice ?14ci 1-t. "); light wrichts M 1 'JSO common, medium, garni mwl clnji.-e S 1 4 .7 "i hi 1 5.SI.5 j liicht licht IM(-24;o)j common, medium. Kod and choice I 4..(lrin' I .2. : packing hogs ( roiifc'h and Ftrionth) $ I 1 ."( j :;. packing lios (roush Bjnd smooth) 11..".I Ui IK. Slaughter piavS (90-1:10 medium, Kond nn dt lioice I 4L(Wn 1 :; " ; feeder and Mocker pi (70no) medium, jrood and choice l"e.i Hi. 2.1 j (soft or oily hf-g and roaMing pig excluded in shove quo tations.) ; Sheep ami laml.s nominal steady. X'n changed. si PORTLAND. An. .1. (By Aoeifed Pre.-s.) HBIJ hard white August 10 Sept. 1.40; hard white! BS. Baart, Aoi's tl.jo; Kpt. $1.40: ii federation $1,'!8 Sept. 1.38; toft withe August $1.38; Sept. $1.38: hard wihtr August U3:l, 8ept. $1.33; northerrt spring. August $1.34; Sept, fKS4. Western red, AuKtist 1..T2; Sept. -$t?32. j Oat Xo. 2. 36 pound. whiU feed, Avurnfct $27.10: Sept. 27. ."(; Xo. 2. 3C. poujid gray Anguat $27.50; Sept, $27.50.!! Com Xo. 2 EY shipments Aaghtt $tO:i!Sep. 4Q. Barley Vo. 2 4t-prand Auguijt 28; Sept. $28"; So 2 4 4 pound Aueutt 28: Sept. $28. Milt run standard August $22.25; Sept PORTLAND. Any.. .1. (By Assorted Press.) Buying priret new croo: Tim othy 17(fl8; alfalfa! $18.50: oat hay, oat and vetch 1 4.50? 15 : straw t'flvH per ton4 Selling prices $2 a ton mora. 5 DAIRY fcXOtlANQE PORTLAND. Ane. A. (Br Awxmi.1 Press.) Net prices: Butter extras tit; Rtaoriard 40c; prime if trots 8c : frrata 26c: cks extra 34c: ffirst 33c: nutlets 29c: current receipts 3tc. MILK PORTLAND. An. 31 f Rr irwit.r1 Press.) Steady beat churninc cream," 4ie Ier Dound net shiDDersr track in xnr 1. Cream delivered Portland 44c per pound. uw nils trj fi.zj rwt. f . -o. - . Port land. I ; i- , muiT . NEW YORK. Aot. Si ftlv- Aasociated Presa.) Eraporated anSile dull: DnH flow, spneou and ptcUe 4ettl:a: Telegraph company also owns practically all of the capital stock of the Western Electric company, which in turn sells substantially 'all of the supplies .and materials purchased by the Pacific Telephone '& Telegraph company at prices, of course, fixed between the two com panies, both ofi which are owned and controlled by the parent com pany, the American Telephone & Telegraph company. "This latter company pays large dtVidends to its stockholders, and in addition puts aside a handsome surplus each year out of the earn ings of its various subsidiary com panies, including the Pacific Tele phone & Telegraph company in this state. "In other words, the American Telephone & Telegraph company has a great many children, two of whom are the Pacific Telephone & Telegraph company and the Western Electric company, and both of which, at the expense of the public, are making contribu tions to the parent company which enables it to pay enormous profits and dividends to its stockholders. "Ever since taking the office of governor I have been endeavor ing in sime way or another to pet some relief foi the public from these conditions. Because of the very unsatisfactory manner in which public utilities were and are regulated, and the fact that, as appeared to me, these utilities were practically allowed to fix their own valuations and rates and their own business conditions of service, I said in my message to the last legislature: - " 'The public service commis sion should bo reconstructed. It would be far better to abolish the commission than to let it continue in its present form. I trust that no appropriation will be made for such continuance.' Later?.n the same session, in a special incs sage, I apain reviewed lh- subject in I his manner: " "In this connection I wish to say that the public service com mission has often appeared to me as being a servant of the public service utilities rather than of the public. In fixing rates of the Pa cific Telephone & Telegraph com pany, for example, the commis sion has allowed an excessive val uation on this property and then made rates high enough to earn dividends upon such excessive amount, after also allowing exces sive costs of operation.' "The legislature, however, pro vided funds for .the continuance of the commission. However, no investigations have been made nor reports submitted giving reasons why exorbitant rates are still be ing collected by the public utili ties of this state. "I am now determined to file complaint with the public service commission of this state for the purpose of thoroughly sifting and airing the matter of utility rates, charges and conditions of service, with a view of securing, if pos- sinie, some measure of relief to the public. I trust that you will be able to act as my counsel in these matters." Members of the public service ccniniist-ion were not in Saiem yes terday and could not be question ed in connection with any action they may take should the gover nor file complaint against the Pa cific Telephone & Telegraph com pany. Vibbert & Todd Electric Store, High at Ferry Sts. Everything electrical. Good service and low prices are bringing an increasing trade to this store. () The Atlas Book and Stationery Co., 4C5 State street. High class literature and fine stationery. Complete lines. You will appre ciate the low prices. () Bonesteele Motor Co., 474 S. Com'l., has the Dodge automobile for you. All steel body. Lasts a lifetime. Ask Dodge owners. They will tell you. () Coos county spent $73,4 8 2 on roads during June. Bridge Lamps II vompiece witn weignted bronze metal stick. 1 he shades are hnen, washable and indestructible. A wide range of colors to 1 his is a midsummer nnnnrhinihr xrrm rnnV ffJ : ,We Charge No Interest GE IIS ORGANIZES Mrs. Siegmund Heads List of Officers Named at Recent Meeting A local council for health ser vices - was organized in fiervais Monday night by representatives of various organized groups in the town. Ab0ut 60 persons were present, representing 14 different groups. Officers of the new council are Mrs. Siegmund, general chairman: J. T. Wadsworth, headquarters committee: Mrs. Clyde Cutforth. health center committee: Mrs. An na Manning, nursing, committee; the Gervais commercial club, so cial problems committee: Miss Marie Mangold, motor corps com mittee; Miss Anna Hardy, histor ical committee; and Miss V. Pep pinger, secretary. Miss EInora Thompson, assist ant director of the Marion county child health demonstration, and Amelia Feary, assistant director of nursing service for the demon stration, addressed the meeting. They discussed the organization of committees. The Salem Hdw, Co., most pro gressive. Every accommodation given to those In need of best hardware supplies. Work and pros perity the motto. 120 N. Com'l () PROSPERITY OF NATION REVIEWED BY C00LIDGE (Continued from pajo 1.) 'Hons confronting the country after the world war. the problems awaiting solution has been large ly economic, but Mr. Coolidge feels progress has also been marie along other lines, such as in edu cational work and in improving th general moral standards of the country. . The movements of freight are very large, it was pointed out, and the volume of manufacturing as a whole is good. While the textile industry experienced a slump, it was asserted that this industry is now showing signs of sibloco FURNACES EASTMAN 332 North Commercial Street to sell for $17.50. n j vv v l ui x vjl u. iu miss. Also 12 Table Lamp Bases at $3.95 each. 12 Floor Lamps with beautiful chintz shades at $12.75 complete. Qn Sale This Week Only ' recovering. In the ' agricultural west, except for the Dakota's "ami Nebraska, it was continued, con ditions are . good, the. few. excep tions brfng due to drough" with consequent poor crop conditions. During the past three years, it was asserted, there has' been a gradual recovery from the defla tion of the immediate war period with the railroads on the way to complete recovery from the war strain and their, purchasing power going far to stimulate all business in the country. Commodity prices have mean while decreased to a point lower than three years ago, although they are not as low as in the mid dle of the deflation period, while wages have not decreased but rather shown some increases over three years ago. Reduction of taxes, accom plished by two cuts during his administration, Mr. Coolidge be lieves, has gone far to encourage a healthy business and financial condition in the country. At fhe same time the steady retirement of the huge public debt and the policy of keeping government ex penditures to as low a figure as possible have been of service in the same direction. In the field of foreign affairs, the president points to the assist ance given by this country through the Dawes' commission in the set tlement of the German reparations questions as of outstanding im portance. In addition there was mentioned today the senate action for American adherence to -" the permanent court of international justice, the ratification by the senate of a great many treaties with foreign countries, the re establishment of relations with Mexico, and in general the accom plishment of some progress in di rections leading to further reduc tions by international agreements in armaments. More than 3 00,000 Essex own ers place stamp of approval on Essex as greatest car on the Amer ican market for the money. P. V. Pettyjohn Motor Co., 3C5 N. Com'l. () Walter II. Zoel, automobile tires, tubes and accessories. Vul canizing that holds. High quality, superior service. A trial makes a customer. 198 S. Com'l. () Let us work. value. . . ; . .' 1 Floor Lamps to sell for $22.50 1$ DALLAS MAX GIVEN . FOUR YEAR TEIMI AH WIZARD - LITTLE HOCK, Ark., Aug. 3. (By Associated Press.) Dr. Hiram W Evans of Dallas has been "re-elected to a four-year -term as imperial wlard of the Tr JClnx Klan. subject to confirm-. ,n at the third annual conclavatiour at Washington, September 13, it was announced-here today. ,- How long since you have had a good slice of bread?. . You will find the Better Tet Bread very appe tiring and healthful." For sale by all grocers. . : - ; , : () There ia nothing so satisfying as to know you have gqod tires on your car. - The Malcolm Tire Co.; Court and Commercial, can supply you. See them. ( THAT SUMMER COUGH Can be broken up by using . SCHAEFER'S HERBAL COUGH CURE Sold Only, At SCHAEFER'O IRl STORE 135 North Commercial St. Penslar Store Original Yellow Front PHONE 197 Heat your home with an EASTMAN Furnace Low in Pjice Unexcelled in Quality Scientifically Installed figure your metal We guarantee full Salem, Oregon of Air' cho6s 4 roplane- toose'from. Use Your ' Crecjit BROS ( - V m '-vJ ti : , ' . ':