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About Eugene register-guard. (Eugene, Or.) 1930-1983 | View Entire Issue (Jan. 21, 1948)
le Treasure WiGoesun SPRINGS, fce0he which! I" ri. ..rface Mom The P"f " r-1, m but opinion Fla. w. - hai-ker. I Mon . ci - Mobley 'euu Monday by isea lit Dt a aowii-msiderable was jrtaan'i traintaf mo to efficiently jork with f" awt for J"" PP ff,Hwer, damage mil ' be mldti Planned Fire wruce covers such pirn Jimi'" Kniuntiin- " hillamell Phone 4208 wunt m oure, hewtvtiv Ho thought it might be iron pyrlte, known as "fool's gold." Mayor Ed Bradley, a pharmac ist, dropped a piece of the yellow metal in a solution of nitric and hydrochloric acid. It dissolved. This would be the normal reac tion if the metal is pure goal, he said, but several other metals also would dissolve. As the word spread, a large crowd gathered and police erected a wire fence to keep spectators a safe distance from the hole. The elderly Mobley has insisted for 18 years there is gold on the spot He previously tried dig ging for it but ran out of money. HSH OLD FLOORS WARDS SANDER! ioldfloon like new! Save ""i iu isoor. wards r - suger are safe to Pi Low rates. Metal Deal To Net Fortune PHOENIX, Ariz. (U.R) Four years ago he was sick, broke and in debt, but W. T. Davis stands to make $5,000,000 in a huge Chinese-American scrap metal deal. Davis and Valley National Bank officials described the deal by which he is directing from his Phoenix hotel suite the delivery of ',000,000 tons of scrap from Pacific islands and .China to Beth lehem Steel, Baltimore, Md. After recovering from black water fever in 1943, Davis got the bank's backing and went to Hon olulu on a housing job. He got in terested in salvage operations and flew to the Orient. Business Methods "Hundreds went after the stuff by trying to grease somebody's palm," he said. "I decided to see if straight American business methods wouldn't work in China." Organizing the General Com modities Corp. in Honolulu with three well-known Hawaiian Chi nese on his board, Davis returned to Shanghai and made three deals with Valley National Bank letters of credit. "Then I decided to shoot the works and made a blanket con tract lor tne cninese army's scrop," he recalled. Reselling Hunch Back in Phoenix, Davis was sit ting in a barber chair when he got a hunch to resell to Bsthlenem. Seven days after his represent atives signed the $26,000,t)00 con' tract with the Central Bank of China Nov. S, he sold it lor about $37,000,000 to Bethlehem. "I used to say I'd have a mil lion by the time I was SO, but four years ago it looked as if I'd owe a million," Davis said. "Well, I'll be SO In May. I'll have my million plus, and I'm go ing to retire." Paris Railroad Worker Finds Cost of Living Spiral Harsh PARIS (U.Rnho railroad worker, doesn't need any C05t-of-llv)nff i i.i, about inflation. The lack nf milt - x..- , kids, the shabby sandals he wears, ine cigarette stubs he hoards, the old dress his wife keeps repair ing these are the things that drive horna to rBTi. u- nis money buys almost nothing. ibo,, arone earned 1,200 francs a month $24 at the 1939 rate and had om w ,. 'very month. Now he makes from "' w ,ooo wanes $193 to $210 at the present rate and cant make ends meet. Monthly Visit Carolle works all night every night for the TnIlroo1 -J j. the day he often skips sleep to do whatever odd jobs he can find. "? worK as a maid to help out. But he tlll v,.. ,.. Vr monthly visit to a loan shark to get by. Carolle's recollection of prices he paid in 1939, compared with tne ones he pays in 1S4R ,uv, the value in American money based on th rt , ' time, tells why: " lne 19re2?TetT' ne8r,y 4 Cent5: Milk 1939, 1 1.5 ,enls fnr Polio Convalescent Hospitals Needed PORTLAND, Ore. im There is a "crying need" In Oregon for more polio convalescent hospitals, Dr. Kenneth S. Landauer. direc tor of medical care pf the National Foundatibn for Infantile Paralysis, said Tuesday. Landauer Inspected the state's facilities and organization for combating the disease here Mon day. He said he found "real fore sight" in this state as far as plan ning was concerned, but that Ore- Son. like so many other states needed much more bed space so that polio patients, along with those suffering from other dis eases, may have required special treatments. .' S z 12 Rngi cleaned. EIe. Cleaners. 1210 Willamette St lW Albums featuring your M ""rite vocal artistsM ' vt 4S. KM BOYS Dry Bone. ........$3.57 "Errata B rBn," And ne'Hff Take the ln- st LM Bluet and others. WNY MARTIN Sin,.. ..$3.15 GVltiinetZ,Dm stariuH M Time E MULLEN SISTERSVoe.l othtr, ' rrent" Basin Street Bluet bca-Lovelles ..$3.57 1 otfiert. COLE TRIO No. 3 S'te""' Hwefclt Rose, aid others. o Love' Avi wieieT- Too Mar- ALLIANCE CENTER nearly half a pint; 1948, nearly o cents. Meat 9 to 13 cents a pound; its, $.68 to $3.04 a pound. Wine 1939. nearly 44 cents for nearly a quart; 1948 41 cents. Potatoes 1939, about Vt cent a pound; 1948, about 7 cents. Prices Doubled For some of the bread and milk, Carolle pays twice the price listed because the family's rations are not enough and he must supple ment them with black market purchases. He hasn't seen butter in two months, none being avail able on the ration. The black market price is a prohibitive 1,000 to 1,200 francs ($8.40 to $10) a kilo. The Carolles have meat only twice a week. "In 1939, I bought meat or a few cold cuts every day," he re called, "we had plenty of bread and milk and always wine on the table. "I spent about 840 francs a month ($16.80) on food and had 360 ($7.20) left over for clothing, amusement and other expenses." All Expenses Up Today, Robert estimates, he spends 19,950 francs a month for food, which leaves him 2,000 or 3,000 francs for other expenses. But where he bought a suit for 400 frinct in 103, en sow would cost him 7,000 to 8,000 francs. The shirt he used to buy for 76 francs is now 600 to 800. Clothes for his wife and chil dren have gone up proportionate ly. What does Carolle do? "I get paid at the beginning of the month," he said. "Toward the end of the month I have no money. I go to a loan company and the shops are good about giv ing us credit" But every month he gets a little deeper in debt and every month his standard of living sinks some more. That's one man's inflation. loaded at WesH TWtay tott, glster-Onard, Eugen, Ore., Tf., Jan. tl, IMS, PaM tons of "Friendship Train" food ' m given by the American people. Several thousand persons turned out in the rain for ceremonies at the docks. Jean Nlcolet, a lltutenant ei Samuel do Champlaln, is credited I with the discovery of Lake Mich-1 lgan In the summer of 1634. FRIENDSHIP TRAIN DOCKS TRIESTE. Free Territnrv () The U.S. Ship Hoover State un- SAVE MONEY ON CONSTRUCTION Contracts taken on Re-modeling, new homes, etc. ' Guaranteed Expert Workmanship JAMES W. LAMB 1449 Columbia Phone 162-R hit An out-dated oQ bum eon oiost yii mox tbcm Master Kraft md daring the wu yn b msJwn oi the Maittt Kmc OH Burner. A sow method U burning oil cuts hiol cost to steam unt boioro poalble. Tne now Master Krait employs bcoad.now prlncipU ta OJALOXEKEER (Patont SDslUd i for) . . givoo cfoubo caorce e ifVa to uiv iuoi muB eUanar, hotter far . . , giroo yon aU Um. hoot in the eft. Phone nt today fat details, or come la asd see mis asusing bonier. YOUNG SHEET-METAL CO. 989 Oak St. Last Year You Went for this Clearance in a Big Way . . . This year, we offer even Greater Values to Help You Sayel Discontinued Line of Pictures .19 8 39c WATER PITCHER 80 Or. clear glass 4.5 rUU I BALL (-v' Official size 13c SCREW DRIVERS it it 27c WOOD CHISEL V4"-" or 1" .19 1.49 MEN'S LEATHER WORK GLOVES Vn 26c Criss-Cross Self- Vulcanizing Patches v pictures .88 $598 PICTURES S $288 $349 PICTURES H $188 OSiBIlllHIBHWMailMliaMailMHMt $118,s Cream Separator $8888 No. IIC 1000 lb. Capacity .89 DUST MOPS w J9 $139 BROOM .98 Many Mort Not Listed. Quantities Limited SPECIALS FOR YOUR CAR TJmIcs 70 Bumper Special .35 Tire Cut Filler jr Special -fa 2" Trailer Couplers $2' 390Horn $329 6-6044 Single Trumpet I I SALT 3c fa .23 Gear Shift Balls g fa I75 Guard Drills $1 $-5558 47 ( vmma euro wxw qb 59 E. Uth Ave., Eugene Ph. 664 A
