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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (May 10, 1929)
The New OREGON STATESMAN, Salem, Oregon, Friday Morning, May 10, 1929 PAGE SEVEN RATE Of! GALL MONEY RISING Stock Market Reacts Unfa vorably Due to Fourteen Per Cent Interest Kindergarten Erected in -Africa for Memory of Son Of Ex-Oregon Prize Winner NEW YORK, May 9. (AP) The tock marker struggled with 14 percent call money for the sec ond successive day today. Pools again made vigorous efforts In a few sections of the list, but were unable to attract a following or to check a small but persistent f-tream of selling. Total sales again fell short of 3,500,000 shares. The market displayed more re sistance than it did yesterday, the gains a little more than offsetting the losses. Large buying orders placed Jut under the market in - .yp4ortant issues by investment (rusts are believed to have provid ed a cushion for the decline. Continued High Rate It Baffling The fact that call money failed to come down was both puzzling and disappointing to traders. The high rate had been expected to attract funds from the Interior by today at least, and that hone have been forthcoming found ,no other explanation than the speculative credit curtailment operations of the federal reserve officials. Three of the large New York banks were taid to be loaned up to the hilt at the reserve bank. General Electric was a strong, point rising 11 points' a new high price at 2C3. Ttobaeco stocks improved on rumors of conferen ces of important leaders in the industry looking to an end of the cigaret price cutting war. Univer sal Leaf rose 6 points to a new , high, and United Cigar stores pre ferred crossed 100,, Some Oil Shares Found Favored Some of the oil shares, .were well bought, transcontinental ris ing about 2 points to a new high for the year at 14 1-4 on merger rumors. Tide water associated also reached new high ground on announcement of its refinery pro ject in Texas. Indian motorcycle made an extreme gain of about 8 points, and it was rumored that Charles Levine, trans-Atlantic flier, had purchased a large block. The advance Rumely issues rallied farther, with gains of C 1 points. Vick Chemical. Com mercial Solvents. United Aircraft, Morray Corp.. Johns Manville, Consolidated Gas, Safeway stores and American sugar were other strong points. Kadio Quotation Show Strength Radio steadied, closing at 101 li, up nearly a point. Liquidation f a large block held by an oper ator recently active in the stock was said to have been completed. Ceneral Motors was firm, a 1 t hough the outcome of tomorrow's meeting of directors for dividend action was anxiously awaited. Sparks Withington, a strong point yesterday, lost about 4 points. Allis Chalmers, Curtis and Wright Aeros, International Tele phone, National Bellas Hess and National Biscuit lost 2 or 3 points. Columbia graphophone was again liliuidated as a result of the col lapse of merger negotiations with - radio. CH ASKS Now a prize given In the Uni versity of Oregon to a Wisconsin girl Las resulted in the erection of a kindergarten building in far away Sachikela, West Central Africa, for the under-privileged children of the Ovimbundu people, is the appealing story that has just reached the American Board of Commissioners for Foreign Missions, Boston, from its mis sionaries, Dr. and Mrs. Merlin W. Ennis, who have been serving as j Congregational missionaries in ' Africa for some 25 years. i Elizabeth Logan. University ofj Oregon, class of 1902, received the Failing Prize upon graduation. J Shortly afterward she became Mrs. Merlin W. Ennis and sailed ' for Sachikela. Here .Merlin, Jr. joined the family. The" young j mother put the prize money aside , as a nucleus for a fund to help Merlin in his education later on. But when only 11 years old. the j lad slipped away, the saddened I parents felt no finer use could be made of the fund, together with gifts from friends, than the erec tion of a Merlin Ennis, Jr. Mem orial Kindergarten, which was dedicated January 22. The erection and dedication of this memorial showed how deeply enshrined in the hearts of the na tive Ovimbudu.men and women, boy; and girls was this real American boy. The Ovimbundu youngsters would often go to him to discuss their personal prob lems before consulting the grown up missionaries, and when mis understandings arose from the un consciously awkward use br the missionaries of the vernacular, it was Merlin who smoothed out the wrinkles, for he spoke Ovimbundu like a native. Many African mothers were present at the dedication, and Miss Annie Bradley, newly arrived kindergarten teacher from Cana da, was the guest of, honor. She kindled the fire laid in the great fireplace and from this Mother Ennis lighted her candle, and the four native women on the Child Welfare Committee lighted their tapers from hej's. When the il luminated circle had been nearly completed, a tiny oy and girl each lighted a wee candle and Dr. were burned to death In their home near Akron, Ind., early to day. Mr. and Mrs. Flitcraft took two other children and an aged rela tive to a place of safety. Flitcraft then re-entered the bouse in an attempt to reach the three girls and was killed when the upper part of the building crashed in. Ennis made the prayer of dedica tion. The next day the regular session of the school began with 35 pupils. Both Born In Wisconsin Mrs. Ennis was born In Norton ville, Wisconsin, and Dr. Ennis was born In Douglas Centre, Wis consin. Beloit University, Dr. En nis Alma Mater, was the recipient of many valuable specimens for its museum during bis last fur- i lough In 1927-28. Beloit saw j much of the Ennlses during this j furlough. They are supported in j their work by the First and Sec- j ond Congregational churches of Beloit. Friends and relatives, Del avan, Lake Geneva, Williams Bay, j Walworth. Milton, Platteville, ; Endeavor, Montello, Oxford, Mil jwaukee, Ashland, Bayfield, Port ; age, Hancock, and Hindsdale,.llU ! nois. and Eugene and Portland, Oregon. mi e Rim Call for bids for transporting C000 yards of gravel from bunk ers at Independence and 6000 yards of gravel from bunkers at Kutteville ferry to market roads under construction this year by the county court, was made Tues day. Bids are to be made by the yard-mile, the contractor- making a basic price for delivering each yard of gravel one mile. In former years this price has rang ed from 13 to IT cents. The longer the haul the more profit U made by the contractor since loading " and unloading diniinjsh his average yards handled daiiy. Turn Your JUNK INTO CASH We will call for any amount of Junk you have and pay full Cash Value on sacks, rags, paper, metal, etc. CAPITOL JUNK CO. . H. STEINBOCK, Prop. . Telephone 898 145 Center St. By the bridge State Bar Exam Will Be Staged On July 9 And 10 The annual state bar examina tions will be held In Salem July 9 and 10, according to announce ment made here Wednesday. Be tween 50 and 60 applicants already have filed for the examinations. The state board of bar examiners will have charge of the examina tions. I Father And Three Children Burned ROCHESTER. Ind.. May (AP) Lloyd Flitcraft. 36, a far mer and his three daughters. Ma bel, 8, Mildred 5, and Mary 4. ftr -Dentists Using the 1 r-PK The Bible studies at the IMMANUEL BAPTIST CHURCH are growing In interest and will continue through Wednesday, May 15. Every evening except Saturday at 7:45. If Interested in God's word do not fall to hear these discourses by A. L. Ritts. Meetings Sunday at S and 7:45 p.m. Parkerize Your Teeth Today! Result-Better Tetlk - When you have your dental work done by a dentist using the E. R. Parker System you have the satisfaction of know ing these important facta that are vital to you. That you have suffered no needles pain, saved considerable time, im proved your health and appearance have actually saved moneyand have the satisfaction of good teeth. If you have not had your teeth Parkerized visit a dentist using the E. R. Parker System today. Examination and advice free without obligation to. you. Painless Parker Dentist using the E. R. PARKER mOTSTEM State & Liberty Sis Salem, Oregon -BIG-RUG And Linoleum Sale Starts Today, 9 A. M. Where ? IF. K.' Wisfli?sr,o- Auction Market 1610 North Summer The Newest of Beautiful Patterns to choose from I undersell everybody in Household furnishings. See my line of new and used furniture before you buy. 1 1 Large size O'Cedar Oil Mop . With Every Rug Sold F. N. WOODRY Cash Paid for-Used Furniture Established 1916 Phone 511 Farmers Day a tyr . it n E?f Every Saturday, 1:30 P.-M. Where? F. N. WOODRY Auction Market 1610 N. Summer St. Everything Sold on Commission It's where Buyer and Seller Meets This Saturday 20 ducks, brooder, furniture of all kinds, rugs, li noleum and many other articles not listed. If you have anything" to seU , Bring it in. Furniture Auction Every Wednesday Nite, 7:30 P. M. Cash Paid for Used Furniture I undersell everybody in new and used furniture, rugs and Con golems and overstuffed furniture. A call at my acution market will convince yon. Just Remember it's on Summer Street The Hottest Street in Town Something doing all the time F. N. Woodry's Salem's Old Reliable Auctioneer Established 1916 Phone 511 Mrs. G. Busselle's Extra Special High Grade 3 1 Tuesday, May 14 1:30 p.m. at Austins MTot 1610 N. Summer St., moved from the Fisher Apartments for the cor.ven;ence cf the public Consisting cf 1 Chickening Ampico piano and bench, cost $2,200; 1 solid ma hogany roU cabinet and rolls, cost $300; 1 mahogany music cab inet, 1 Edison hand decorated console phonograph and records, cost $700, 1 solid mahogany colonial dresser, chiffonier, dressing table and Straight chair, 1 solid mahogany gate-leg dining table with walnut Inlay, Cromwell pattern, seats 8 people; 1 solid ma hogany buffet to 'match, 1 extra fine oversteffed mohair daven port, 1 Wiltoa rug 9x12, rose Japanese pattern, 1 Wilson rug 3x& same pattern; 1 Wilton rag txVA same .pattern; 1 Wilton rug 3x4 H same pattern; S Wilton rags t7x3 ft; I Angela Persia rug Sxf ; pure linen drapes with Turkish cloth valance, solid mahog any French pattern overstaffed chair, solid mahogany Colonial occasional chair, solid mahogany library table, solid mahogany hand carved floor lamp, solid mahogany hand carved fern pedes tal and Jardineer, plain mahogany floor lamp, 1 Seta Thomas chime dock, 1 hand tinted fernery, 4 very fine large original hand paintings costing several hundreds of dollars, many valuable pas tel paintings, electric dish washer, electric vacuum cleaner and at tachments, dishes, K. vtensUs and many other valuable articles. Extra added list from another Salem home 1 walnut buffet, extension table and I diners, like new; 1 Ax minster rag fxlZ, like new; 1 Simmons Beauty Rest mattress, X felted mattresses, 2 walnut finished beds, 1 Ivory bed, S coO springs, 1 fabric steel springs, electric portable sewing machine, like new; pillows, CogsweU chair, linoleum and felt base rugs, all kinds, new; 1 Hoosier kitchen cabinet. PUBLIC ATTENTION This auction Is worthy of your attention aa Terythlng offered b Just like new and of very high quality. Come and spend the after noon with us. Sale held inside where It is comfortable for every body. F. N. WOODRY Salem's Leading Auctioneer in Charge Cash Paid for Used Furniture or sold for you on Commission Established 1916 Phone 511 AL 3. BARNES'-W& 1 RCUS r v w DTfs ickets' Civei to Boys and Girls t .ill f-.hfcv. van, .Nife - t -n hi t i .m s ii iff y ..ia..,. A Jlo EARM feiic 5 Ring Circus SHOWS AT SALEM, OREGON High School Athletic Field On Saturday, May 18, Afternoon or Evening Every boy and girl under 16 years of age can go. Simply get one friend to subscribe for The Oregon Statesman, have the order below signed, mail or bring the blank to' the office of The Oregon Statesman and you will be given a ticket admitting you to the Big Show, the Side Show and the. Wild West Show. If you don't live in Salem, mail the order and as soon as it has been verified your ticket will be mailed you. All orders must be verified. Verification takes a few days. Tickets will be good at any town where the circus plays. Hurry-Send Your Orders in at Once Tickets Now Being Distributed HAVE THE BLANK BELOW SIGNED AND BRING OR MAIL TO THE CIRCULATION DEPARTMENT OF e o a 1 WANT TO GO TO THE CIRCUS YOUR SUBSCRIPTION' WILL, TAKE ME SUBSCRIPTION ORDER K a Three Months' Contract I have not been a subscriber to The Oregon Statesman for the past 30 days, but hereby subscribe for a period of three months and until I order It stopped, for which 1 agree to pay your carrier the regular rate of 60 cents per month. ii 1029 .a -a o 5s c 4 f JO JS 43 " S SB O 3 . v o c-o fee3 Si- S s S NAME DATE STREET ADDRESS PHONE NO ORDER TAKEN BY k . XOTE: A new subscriber is one to whom The Statesman has not been furnished for 80 days past. A change of name at the same address is not new subscription. A renewal is not new subscription. Mail-subscriptions must be paid in advance S months $1.50. 8 S a k IT'S EASY GET BUSY fi .iitlitUUlltJtftSJTH