Eugene register-guard. (Eugene, Or.) 1930-1983, January 21, 1948, Image 3

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    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
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