The OREGON STATESMAN. Salem Oregon, Stmday Morning, Jalj 21, 192$
PAGSV
rs
"i
Bull Party Held Upon Wan
Street Despite yoor
Credit Situation t
NEW YORK, July 2 (AP)
Influenced rather by the resort
of the extraordinary vitality of
industry rawer tnaa. by the as
favorable aspects of fjje credti sit
uation, the bull DsrtT'htd n n
Impressive assortment of steel, rail
ana utility snares to record levels
In today's stock market.
U. steel was sent up mora
than six points to a sew peak at
2 0 8 Vk . Extraordinarily favorable
second i quarter earn in ra state
ments have given rise to highly op
timistic expectation as, . V. S.
eteel's second quarter y.flfqwing.
and the prospect of an extra ir In
creased dividend Is widely dis
cussed, . Bethlehem. , Golf states.
YoungstoWn,- Colorado Fuel and
iron, vanadium, and Republic
made substantial gains. In the
railway equipments, the leader
ship was taken bv Poor tin n
which rose about 4 points to a new
peaa. . :- - ' -1 -
The advance in the ntniM.
helped by expectations of further
merger announcements, took such
issues as American Power and
Light, Detroit Edison, Public
Service. Natlnnot p....f -j
Light, and Standard G & Electric
" 1- w W WlMi
united Gas Improvement sold np
about a - point further into new
high territory, and United Crop
was heavily accumulated. j
In the rails. New York Central
-was sent np nearly nine points to
a record nrire t mi mil v
Haven, Lackawanna. Delaware and
Hudson, Union Pacific, and Kan
sas City Southern rose to new
peaks. Atchison was depressed
about four points for a time,, but
rallied to close up a point, net.
In the industrials. General Electric
made an extreme gain of more
than five points, and radio rallied
about three points, only to lose
most of Us gain. - "-
sim craw
ls KEPT BUSY HI
SILVERTON, July 20 Reports
from the Silverton cannery are
that the strawberry pack U near
ly completed for the year. A few
Wilsons and Langs are still com
ing la from the Silverton Hills,
however. Nearly 100 tons of
strawberries have been packed by
the Silverton concern this season.
Loganberries, it is estimated,
will probably run 40 tons this
year. A carload of strawberries
and loganberries was shipped this
week from the SilTerton Food
Products company to California.
There is nothing Just as good
at mohair for many manufactures.
It has no substitute. Raise more
goats.
RUSSIAN GROVUD
RIOTS IN in.
Chinese Embassy Threat
' ened and Police Re
serves Called Out
NEW YORK, July 20 (AP)
The threatened war between
China and Russia had a repereus
ion here today when several hun
dred Russian sympathizers gath
ered in front of the Chinese con
sulate in . Astor Place and raised
such a rumpus police reserves
were required to disperse them.
Eight men and tour girls were ar
rested. The demonstrators, men and
women, wearing placards and
shouting "Down with the Chin
ese" gathered. In the street short
ly after the noon hour and when
traffic; policemen in the vicinity
were no longer able to keep the
crowd in order a riot call was
sent in 3 the Mercer 'street sta
tion. Police reserves were met with
jeers and hisses' and when "' the
crowd ignored orders . to move
several scuffles followed. No one
was reported injured, however,
and when police started forcing
the nearest standard bearers into
patrol wagons the crowd dis-
persed.
i Among those arrested was Wil
' iiam W. Weinstone, secretary . of
the workers communist party and
candidate for mayor of New York
on his party's ticket.
Members of the staff of S. S.
Younr. the Chinese consul nncr-
aL tat iniheir offices on the sixth
floor of 13 'Astor Place quite un
perturbed while the crowd milled
in the street below.
No attempt was made to enter
the building.
IMPORTATION OF
PUPILS ARRANGED
SIIA-ERTON, July 20 W. H.
Binegar of Howell Prairie was
awarded the contract for trans
porting students from North How
ell, Central Howell, and Hazel
Green districts to the Silverton
high school for the coming year.
The matter was decided at a
meeting of the Silverton school
board this week. So far arrange
ments have not be$ completed
for transporting students from
Silver Falls, Victor Points, and
Marqnam districts.
The bids by Crane Supply
House of Portland for pointing
the high school roof and the root
of the old part of the Eugene
Field building were accepted, the
former at $80.50 and the latter
at $222.50. The job of kalsomin
ing the interior of the Washing
ton Irving school building will be
done by Martin Waarvik of Sil
verton at $108.
WHEAT iRKET
IS OHOUCHT
Bullish Tension Slackens on
Chicago Exchange, Re
ports Indicate
I Read the Classified Ads.
CHICAGO, July 20 (AP)
The wheat traders arrived at the
conclusion today that the market
was overbought. The tension of
the last few days of bullish future
slackened, reports came of rain
ending the protracted drought in
the spring wheat belt, and wheat
prices slumped SH to 4 cents a
bushel and closed at the day's
low mark.
The finish was at $1.374 for
July wheat, $1.41 H to 5-8 for
September and $1.48 to H-48'4
for December. e
- Other grains tagged, similarly,
corn losing 3-S fa 1 cent a bushel
and stopping at $1.00 tor July
$1.02 to 7-8 tor September, and.
97to 97 1-$ cents for December, j
Trader! felt this market was
due for a reaction from the violent
uphill pace that had set new high
records for the season for five suc
cessive days, and that the rain
fall in Canada and the domestic,
northwest touched off the down
ward 'movement shortly after the
good opening.
The rains thus far were light.
but 'government, forecaster pre.
dieted the precipitation ... would
atrjke most of the provincial
wheat, regions in scattered thun
der showers by tomorrow.
Cittp reports from Argentina
and Australia were unfavorable.
The :world' supply of wheat was
figured today, including the car
ryover, at 10 per cent less than a
year ago and the world crop at 12
or 1$ per cent under that of 1928.
Read the Classif ied Ads.
Html
PACKING PLANT S.
DALLAS, July 20 Tb
er nrnne nacktnjr plant of (hi
son Ehrman comoany locate
Dallas, has been purchased
William A. Himes. Mr.
dm nnt exnect to make nse o
the processing machinery but will
grade and warehouse prunes tor
those growers, desiring this ser
vice. This plant adjoints other
warehouse property owned by
Mr. Himes and both are on rail
road spurs.
JUNK!
JUNK!
JUNK!
We buy junk of air kinds,
any amount of anything.
We will call and pay
top price
Salem Junk Co
320N. Com'l Phone 492
The two new
Radios eve
VICTOR
rvbodv
has
Us,
Buster Brown Shoe Store
3 MW'
i
L of
Browns
.White Sport Oxfords, white rub- fCZ Cifi
ber soles, flat heels. Splendid SpV nV
values at $6.00 now
Blonde Cut-out Sandal. Low
heels, very comfortable and
stylish. ' Special
Arch Support's, Blonde, Cuban Jy
heels built for Service and Com- S
fort. Special .;
t '
Arch Supports very Dressy
Black Kiel. Cuban Louis heel, p
see these splendid styles Pric
ed at only
Havana Brown Kid Arch Sup- -
gort, Lace Novelty Oxfords.
uilt for comfort and good looks.
Now '
i
.-1 .-XV
White, One Strap Pump Cuban
heels, very, dressy and ideal for S?
nice weather.? Special
vt&J
Arch Support styles for real Comfort. Every arch
number for Women especially priced during these
Sale days.
Black Kid Support Novelty
built for Service, Good Looks jlV I Qjtj
and omrort. special during
this Sale.
U,Y b .
Patent one strap Pumps. French Hs
and Cuban heels. Very Dressy
numbers. Special
23
A Gigantic Sale of Women's
Pumps and Oxfords
Sport Oxfords in Light Tanf
military heels, very serviceable."
Priced during this Sale
BUB
o
E3E
won
been waiting for
ffis in 1
xJMicro-Syncbroncui
Victor Radio $155 less tubes
Micro-synchronous balance: every clement always in reson
ance. Condensers automatically harmonised. Unique sensi
tiritj and sclcctirity. Perfect performance through the
entire dial range
Super-automatic, rull-yiion, illuminated station selector.
Push-pull amplification. Victor electric-dynamic reproducer.
Compact, exquisite cabinet. Complete with tubes, ".
Ttwo new models bj the giant of radio manufac
turers, the Radio-Victor Corporation of America,
are NOW at Sherman, Clay & Co.
A few years ago, Victor talking
machines sang in tens of thousands
of homes, but there was 90 radio.
Other manufacturers produced ra
dio sets and placed them beside the
countlest Victrolas.
When Victor went into radio,
(besides retaining its vast talking
machine interests), the radio indus
try held its breath. What would
Victor produce with its rich mu
sical experience and enormous tech
nical backing?
Nrw w knovsl Victor has pro
duced two new sets: the Victor
Radio-Electrola (playing recorded
music as well as broadcast music) and
the sensational 10-tube Victor Radio.
Hear them. Sec them. Study
Victor's remarkable .new micro
synchronous" tuning devise, a per
fect "range finder" for the salvos
and broadsides of the broadcasting
stations. Choose the one that pleases
you. A few dollars down will deliver
it to your home. Victor radio is herei
Mil
lip I
Victor Radio -Elcctrola
uMicrt-Sjncbronous
Combines in one beautiful Victor,
cabinet the thrilling new Victor
Radio and the masterful elcc
trola. Entirely electric.
Designed by Victor arid built by
, Victor. New in principle- new in
performance- and priced 'within
easy reach of everyone.
Improved circuit developed by Vic
tor .i . . unparalleled stability . . a
fidelity. Electro-dynamic speakes
Complete with rubes, $29$.
Less tubes $275
(
fit
Sherman JMay & Co,
130 South High Street Salem, Oregon
And forty other coast cities including Portland, Eugene, .
Ltongview, &rrallis, Seattle9 SpolotneTacoma,
I f ,v San Francisco and Oakland ..J '. '
- - !T r
Mil
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