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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Sept. 30, 1932)
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s&Jem, Oregon, Friday Morning, September. SO, 1932
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Foreclosure List, Volume
Of! Applications are
Given as Reasons
Resulting from series o
meetings for discussion of the 114
m&Bdal situation of the -world!
wtr state bonus commission, lend-
lag operations by the commission
bare been suspended temporarily
as of j October 1, Jerrold Owen,
secretary, announced here yes
terday. Making of further loans would
impractical. It was decided.
Loans by the commission are con
fined to veterans. '
- Failure of veterans now hold?
: tag loans to meet payments
romntlT. an abnormally heavy
list of foreclosures snd the con
tinued high volnme of loan appli
cations on old houses and vacant
land, were given as reasons for
suspension of lending at this time.
It was made plain that lending
operations would be resumed at
such time as conditions permit!.
The action of the commission was
unanimous, with all members con
California Lead Followed
' The commission followed the
lead of California, which suspend'
ed veterans loans several week
ago for similar reasons. Oregon
and California were said to be the
only states making loans to vet
With more than 13,000 loans
on its books, a mounting volume
of delinquencies reducing the
- available funds with, which to
make new loans, and the fact that
an Increased tax levy would have
to go : into the sinking fund for
bond retirement, the commission
was said to have faced the end of
its immediate financial resources.
Members of the commission re
fused to venture an estimate as to
when lending would be resumed.!
A legislative enactment authorj-
IsJng veterans to receive what
- Amounted to two bonuses was adj-
vaacea as one oi tne reasons ior
the commission's dilemma. Under
this enactment, amending the
original setup, Oregon veterans
who had received the cash, bonus
nnder their original choice were
allowed to come back the second
time and take a loan by deducting
the amount received from the
amount given them as a loan. This
action increased the number eligi
ble for a loan by more than
Another factor which was said
to have contributed to the exhaus
tion of lending funds was the In
creased eligibility list under va
rious rulings of the state supreme
court and attorney general and
amendments to the law which
were not contemplated when the
act originally was approved by
popular election In 1921. if
Court rulings require the crinl
- mission to loan to army training
corps students of all classes and
to men who had as much as one
day of service. Under this court
Interpretation, loans have been
made to men who were never in
uniform, but held an army dis
charge by reason of having been
. sailed: to the colors by the draft
board Immediately prior to the ar
mistice. These men were dis
charged from the service without
the formality of going to a mili
tary cantonment or camp, but
were held eligible for the state
- Auditor Urges Suspension
. Several audits and surveys were
made before the commission act
ed. The last of these was made by
Area jj. Tourtellotte, Portland ae
eountant, who advised that the
commission already bad reached
the limit of its lending powets
and must suspend operations im
mediately to insure the carrying
out of its bond retirement pro
Approximately $2,000,000 In
foreclosed properties are on the
commission's books, with a pres
ent delinquency Jn current loans
of $363,973. The commission ex-
pecta. to liquidate on these proper
. . ties and delinquencies as condi-
tions continue to Improve.
GRAND ISLAND. Sept. 29.
The district school .opened Tues
day morning with a total enroll
ment of $0 pupils. It in tho ad
vanced room and 12 In tho pri
mary, -with at least one mora to
enter tho third grade. Tho school
Is in charge of Mrs. Paulino
Fowler of this ' community. Lu
cille Fisher of Dayton Is primary
instructor. During tho school
week Miss Fisher Is -occupying
rooms in tho Charles E. Nelson
Contracts called for school to
open Monday, September 2$, but
tho directors decided to post
pone the opening until Tuesday
in order that families of tho com
munity might attend tho fair
Out of town patients especially should avail
; ; themselves of these savings
$25 Plate for $12.50; 22-K Crown $4
Silver Fillings From $1
Painless Extraction of Teeth $1 Each
AT THE BIG BLACK AND GOLD SIGNS
STATE & COMMERCIAL STS.
CALEU DENTAL CLINIC
One Teacher Now in
Charge of St. Louis
School; Pupils Less
ST. LOUIS, Sept. 28. School
began Monday, with Mamie 'Vin
cent of Woodburn as teacher. In
previous years, there were two
teachers employed, hut due to tho
decrease in tne. number of pu
pils tho directors had the school-
house Interior remodeled, making
it into ono room. Only one teach
er is necessary.
Lucille t manning, youngest
daughter of Mr. and Mrs. John
Manning, has begun her second
term of high school at ML Angel.
Mrs. Leheay (Rita Gross) . of
Portland was given a harivarl
Sunday night by a group of
Wienes House Burns;
150-Year Old Sewing
Machine is Destroyed
WEST 8TATTON, Sept. 2.
The Wienes homo hero wes de
stroyed by fire late Saturday af
ternoon. There was no ono at
homo. when tho fire started, the
family being at their home in
Vernon Tyler, a neighbor, saw
the blaze when tho fire first
started, and hurried to the house,
hut finding the doors locked, was
unabla to save any of the furn
ishings. The Wienes built the house
about two years ago and live here
during the harvest season.
An old sewing machine, more
than 150 years old, was the most
valued piece of furniture destroyed.
The cause of the fire is un
Large Barn Finished;
New Road to be Begun
ELDRIEDGE. Sept. 29. A
new 60 by 70 foot barn is Hear
ing completion on the F. P.
Preparations are being made
to start work on a road leading
from the graveled road east of
the Eldriedge school to the Sa
This road- crosses tb Run
corn property, necessitating mov
ing the garage.
Originators of low prices 351 State St.
; STATE FAIR WEEK
ir keeping; us too busy to write very much. These
prices and quality speak for themselves. A reminder.
SALEM'S ONLY MARKET HANDLING INSPECTED
MEATS EXCLUSIVELY. It's your protection.
REGULAR PRICES NOT "SPECIALS'
The result of 70 years' experience. Deliciously mild.
Thoroughly cured. An epicure's delight. .
Cottage Eiolls, Ib
Small Picnics, Ib
Sliced Bacon, lb
bin Backs, Ib
Flavorized Hams, lb . 1c
; i The ham supreme
Best Margarine, 3 lbs 25c
Broiind Beef , 3 lbs . 25c
Out of consideration to our employes we close at 6 p.m.
On Saturdays at 7 pan. ;
HARRY M. LEVY, Prop.
Frost Nips Corn on
' Grand Island ; Silos
I Nearly Filled Now
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GRAND ISLAND, Sept. 29il
Due to the, early frost which nip
ped the field corn on the low
lands qnite badly, the silo filling
continued throughout last week.
All hut one of the silos in the
district are now filled with eijth-
" r aweet corn or Held corn
readiness for the winter feed
of dairy herds.
The frost has also several?
- damaged melon patches on the
S Get Floral Wins
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KEIZER, Sept. 29 Keizer was
again placed on the map With
awards among the floval display
at the state fair. L. E. Weeks. Ian
extensive grower of glads won
second on general dlsnlav which
Included 100 varieties. A gorgeous
oasaet or glads grown by Mr.
Weeks and arranged b iir
: Weeks won first arise. THese
were of the Betty Nnthall 'far-
V5 Value $
A bargain ia better
health; Peptone is the
scientific iron aad malt
compound that restores
needed iron to the sys
RexaQ Orderlies is the delicious
candy lax tire. Nataral, aeo-griping
action. Aad siweys safe!
115 S. Commercial St.
DEEP CUT PRICES
For Friday and Saturday
new note size 1Q
white and colors 1JC
i WARGMERS MOVE
ELDRIEDGE, Sept. 29. -Mr.
and Mrs Reuben Wargnler have
moved from . the J. E. Schart
farm , to the Charles Zolsdort
place a mile north of Eldriedge
school. : .'.I. . ':- ' J .
Mr. and Mrs. Joe Klenskl have
Tented the Frank Cannard firm,
and Mr. and Mrs. Cannard are
living in Gervats. The former it
employed at Mangold's hardware
with 49c bottle
Men, yoa cant after d
to nuts this bar
gain to smoother
joe chase te try the
, Shaving Cream! j
5 yd. pkgi 1. IVC
30c Adhesive 10
Tape 1 x 5 kVC
39c Hospital OA.
Cotton 1 lb.. aCUC
2 in. x 10 yd....
25c Mercuro- 1
chrome Solution 1 C
85c Jad y7
Salts L-..k tl C
f 155 Pierce's
60c Caldwell's OQ"
Syrup Pepsin OiC
Tonic 1 .
75c Fitch Shampoo with
60c Watkins Mul- OQ
sified Shampoo.... OV C
$1.00 Melloglo ... Q
Face Powder : UaJC
$1.00 Pond's 7Qr
Face Powder ........ e7C
25e Woodbury's Ig.
Facial Soap 1UC
$1.00 Milkweed J
60c Hopper's QQ
Youth Creams ai7C
DURING WINTER MONTHS
" Pwttest Cod Uvst OA is the cream of the
- srorU'senpolyef CedUrer OB. lUcaaet
. la Vttamhw A aad D. Flaeet sa flavor.
' Ills the oil yea siweys get la Perstoet.
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No thers no gab today. We went to the Fair yesterday,
and got our self a right good case of Art Gallery foot,
and all we seem to have a hankering for is sittift down,
and that suits us so well we just wonta lie down, and in
doin that we've brought a lot of prices down too, for a
New Pack True Fruit
One Plate and 4 Packages
of Your Choice Flavors
fill for ICc
Pabst or Pabstelt
Several Varieties to
2 pltgs. 29c
Large Size Package
2 for 25c
fl. and HI. Soda
2 packages lie
Blue Elose ice
4 lbs. 17c
We don't know whether
there's any particular ad
vantage from a price
standpoint in buying a
supply of flour at this
time or not. But you know
of course flour made from
old wheat gives better sat
isfaction than when made
of new, and as we'd like
xur customers to get the
Best we're offering a spe
cial price for the next few
days and the Brand we
consider among the best to
be had ...
10c Saving Per Sack
An All Hard Wheat Flour
49 Ib. sk. 83c
Best Patent Flour
49 lb.sk. 93c
Uo. 10 sk. 37c
large packages 39c
Fresh and Crisp
3 bunches 10c
Fresh From the Ovens of
One of the Best Bakeries
of the Country
6 lbs. 25c
We particularly like to sell
Crescent first because its
one of the best of its kind
and then too, when you
buy Crescent, you keep
your money in the west.
A full pound can of Cres
3-tt Can of
And a 2-tb Package of the
Finest Long Grain
2-tb Can of the Finest
3 lbs. for 59c
We'l let you in on a little
secret, the wholesale price
of this coffee is up. Begin
ning next week we'l have
to get 3c per pound more
for it. "- .
At th Market
II ct a Chan Store
Court St. at Commercial
Hot a Chan Store
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