PAGE EIGHT
Eggssoar up
another gent
butter higher
Portland. July 21. (,T) There
Seems no end to the new price up
turn wholesale eggs are taking this
week on the local markets. Extras
have gained 3 cents on Uie local
flairy exchange since the beginning
of the week. Today they are a cent
higher than yesterday at 27c. Cur
rent receipts are also a cent higher
At 23c while standard and medium
grades are firm at 2Gc( 24c respec
tively. However, egg quotations are
going up all along the coast at prin
cipal marketing centers.
A firmer tone to the butter mar
ket forced all giv& or cube butter
up from half to lc on the local dairy
exchange yesterday afternoon.
Today standards are 39c, a half
cent higher while prime firsts and
iirsts gained lc to 38c 1 30c respect
ively. With the rise In price for
Standards, up went butterfat to 40c
per pound.
Clear Transparent apples are still
celling at a good price ranging from
$2.75 to $3.00 per box. Receipts of
Dew apples continued light.
Tomatoes are practically at an
over-supply with several cars ar
rived yesterday and warm weather
almost certain to bring Increased
shipments from The Dalles d 'strict.
Kecent wholesale quotations were
3.5d for repacked lugs, $2.50$3.00
lor originals, and $3.50fy'M.0O for
The Dalles 20-lb. boxes. Hothouse
Stocks have been selling for 25ci
30c per lb.
rORTI-ANDI.IVESTOCK
Portland, July 21. A'i Cuttle mid c&lvts
tendy; receipts, cattle, 175; calves, 100;
earn 1),
Steers, 000-1100 lbs., Rood, (0.500 10.00;
do, 1100-noo lbs., good SD. 05 tt't 10.00; do,
medium, 600- lbs. up, IH.5I)V 19.60; do,
common. 7.00'ii 8.50; do. cutler, I6.U0W
17.00; do, fed calves and yearlings, 750
Bf.o lbs , uood. fO.&OtfllOOO: heifers, good,
S7.50,'t 18.50; doi common to medium, 10.00
17.50; cows, uood, 7 OO'-n.riO; do, com
mon to medium, l5.3MfJ7.00; do, low cut
ters to cutters, I3.0U-ii J5.25; bulls, year
lings, excluded, beef, good, lG.0O4flti.fi0;
cuttrrs to medium, M.50'a S6.00; calves,
S00 lbs., down, medium to choice, 18.00V
110.50; do. culls to common 15. 50 ff 10.00:
dealers, mllkfed. good to choice. 10.5fl?
112 75; do, medium, 10 OO 110.50; do. culls
to common, IG.OU'ti 10.00.
Hons steady; receipts. 130 direct.
Henvywclttht 250 - 350 pounds, me
dium to cholre, 110.50H111.75; medium
velOit, 200-350 lbs., medium to choice,
Jll.OO'.i $12.00; llrchtweiftut. 160-200 lbs.,
medium to choice, Ul.50tttl2.25; Unlit
lit:hts, 130-100 lbs., medium to choice,
11.50''itl2.25; pack Inn lions, routih mid
smooth, n.OOCTtO 50; slaimhter iIks, 80
130 lbs., medium to choice. 111.501)3.25;
lecilcr and stocker pIkb, 70 TP 130 Iba., medi
um to choice, tll.50if 14.00. (Soft or oily
hoits and roastlnit plus excluded In above
(jiiotcitlons).
Sheep and lambs Steady; receipts,
J70 shrep.
Quotations, except on lambs, on shorn
bnsls. Laiut;s, U4-lbs. down, good to choice
ll.001f 112 50; do, medium, 93-lbn., down,
$10 00'rf 111.00; do, culls, to common, all
wcluhls. t7.50i)t 10 00; yenrllmt wether?,
110 lbs., down .medium to choice, 7.00U
19,00; ewes, 130 lbs. down, medium to
choice, 14.50ttt5.50: do, medium to choice,
120-150 lbs., 14.00''!1 15.00; do culls to com
mon, alt wolKhts, (3.00 414.00.
THE CAPITAL JOURNAL, SALEM. OREGON
THURSDAY, JULY 21, 1927
. PORTLAND ritODUCB
For Hand, July 21. (A1 Wholesale prices
Butter, steady; extra cubes, city, 40c;
standards, 3 tic; prime firsts. 38c; firsts,
6c; creamery prices. Prints 3c above
cube standards. Butterfat 40c f. o. b.
Portland.
Bids to farmers Milk steady; He up.
fnu milk (4 m-T cent). 12.35 CWt. f.o.b.
Portland, nuttcrfat 40o f.o.b. Portland.
Ekbs, steady current receipts, 23c: i
fresh medium, 24c; fresh standard flrfils,
10c; fresh standard extras, 27c.
Poultry, steady; heavy hens, 21ctfp23c;
light hens, 12CuM3c; springers, 18c; broil
trs, I8c''10c; Pckln white ducks, 18c; col
ored nominal; turkeys, nominal, dressed
17c.
Onions-Steady, local, 12.25'ff 13.00.
Potatoes, f3.0D1H3.50.
Nuts, steady. Walnuts 27c V 31c filberts
l&cii20cs nlmoiidn 24c1t26c: Brazil nuts
14c16c; Oregon chestnuts 11'Ac2Uc:
peanuts, DcUllc.
Cnncara bark steady; flcQSc; Oreton
grape toot nominal.
Hops. 1020. crop 23c O 33 '.b a
riiic.(io i;rai -
Chieauo, July 21.if'l Opening un
chiuiKed to 'ic off, wheat later scored
moderate gains all around. Corn, onls
and provisions were likewise firmer, corn
starling unchanged to up. and then
Trading somewhat, but subsequently show
ing n general advance.
Wheat closed unsettled, "tefl'le lower;
corn, "jc'ii c down oats, "hcAi -V: olf ;
and pruvlsluns sluiwiim a setback of 5c it'
15c.
rnim.ANt) wheat
Portland, July 21. ai't Wheat bid: Bill!
hard white, hard white blurntrin. burnt,
northern sprint:. $1.31: soft white, western
white, federation. 11.30: hard winter, t.27:
western red, 11.20. Today's car receipts:
Wheat. 11: flour, 4: com 4.
WALK ST1I F.V.T STOCKS
New York, July 21. H1 -Htnck prices
made further recovery In today's markit.
with nearly two wore Issues lilted to
new peak prices for the yeor.
American Tobacco common, nnd the n
D Mock, Lorlllard and Congress Cinar, all
moved into new hluh around.
tenernl Motors attained another new
peak above 214. and United States Bteel
common, was well supported around 120.
Brown Hhoe. Union Carbide, Eastman Ko
dak, Gabriel Bnubbers nnd Itndln Corpor
ation, were among tho many other Issues
to reneh net hUili.
Halls were nulet, but firm with Union
Pacific and Ilnlllmore nml Ohio In the
forefront of the advance.
The closing wns heavy, litespread srll
Ing for both accounts occurred In the
final hour when Houston oil got down to
150 and Untied Stales Bteel. General Mo
tors and several other favorites were
hammered down 1 to 3 points under their
earlier high levels. Total scales approx
imated l.UOO.000 shares.
Record Set By Yearling
Jersey Likely to Stand
For Years In All Breeds
Independence, July 20. The Lions
Lilac, a modest Jersey cow which
was started on official production
test at the tender age of 1 year and
9 months, has completed a record
of 742.44 lbs., of butterfat and 10,
752 lbs. of mint.
This test ran for 305 days and Li
lac's best month was the 10th one in
wiul-ii sue proaucea 02 ins. butter
fat. Her milk averaged 6.91 per cent
butterfat for the test. No venrlino
cow of any breed has ever made ;;uch
a remarkable 305-day record and it
will probably be many years before
Lilac loses the title of world cham
pion. Harry D. Tiiff of Independence,
bred and tested this younr produc
er. Lilac in a Bnintldaiiffhter of St.
Mawes Lad's Lady, the world cham
pion yearling Jersey tested for 305
days. This cow yielded 829 lbs. of
butterfat and 11,750 lbs. of milk as
a yearling and as a junior 4-year-old
she produced 1022 lbs. of butterfat
and 15,229 lbs. of milk In 365 days
Lady is a full sister to St. Mawes
Lad's Pride, the youngest Jersey
cow. Lilac's dam is Imp. Xetim's
Oxford Lilac which has a gold med
al record of 822 lbs. of butterfat, 13,
122 lbs. of milk made as a junior two
year old. This is the highest record
for Imported cows in this age class.
The Lions Lilac gained 150 lbs. in
weight while making her remarkable
record, and it is confidently expect
ed that in coming years she will cap
lure new honors for heavy and con
sistent production.
She was never off feed during this
test and apparently it was not much
of an effort for her to make this
wonderful record. Her product was
sold at the creamery and brought
$300. In addition she raised a nice
heller calf. She is due to calve for
Class AAA and when that occurs
she will be the youngest Medal of
Merit cow on the records of the
American Jersey Cattle club, New
York.
FEWER APPLES FOR
EXPORT THIS YEAR
American applegrowers and ship
pers have been watching with inter
est the condition of fruit crops in
England and on the continent. A
light crop Is expected in eastern
United States and only a fair crop
in the west, which means that not
so much fruit will bo available for
export. Canada's commercial pro
duction was rather limited Jn 1920,
but a 20 per cent increase is ex
pected this season, or a total of 3,
707,400 barrels. Nova Scotia appears
to be leading, with an estimated
commercial crop of 1,500,000 bar
rels, or 62 per cent more than in
1920. Ontario expects more than
1,000,000 barrels, which would be an
increase of 80 per cent for that prov
ince. In British Columbia a reduc
tion of 20 per cent is anticipated, so
that the commercial apple crop there
may be equivalent to only 1,050,000
barrels. English fruit prospects arc
better than two months ago. Dam
age from April freeze differs accord
ing to locality and variety of annlcs.
One of the principal cooking va
rieties suffered greatest damage and
several of the important dessert
varieties will not yield a heavy crop.
Other kinds of market apples, how
ever, suffered but little Injury. Al
together the English crop is in bet
ter condition than last year. Ger
many expects a gooa crop ana so
does Prance. Some damage oc
curred from frost and other un
favorable weather conditions in the
upper Danube valley. New York
Journal of Commerce.
SK IdllK ntM'IM
New York. July 21. "11 Evaporated
ppIcs. quiet; choice, llcVll'ic; fancy
HuU U'ia
Prunes, steady. California 8cG9'.ic; Or
rcon, 6cVIUc ,
Apricots, steady: standard, 17c; choice,
18ul8'ic; extra choice, ao'itfajc.
I'enches. steady, standard. Tic fine;
choice, B'.4ci'9c; extra choice, B'irriOc.
Hops: steady; state 1926, 40tf5t'c;
Ultilo 15?''. nominal. 1-nrlfle ..!!. Iflifi.
S4y28Ci Pacific Coast 1025, 20U33c.
Salem Markets
Compiled from reports tl Salem
drnlrrs for the tuldanee ol Capital
Journal readers. Utcvlicd daily.)
tVlmlemle lrhe
t'.raln No. 1 white tl. lb; feed wheal
(mcknii, II. H; feed cats. 64c bu.
Meat. lop hous, ll'ic sows. B'aC:
fj-7c; top steers 6cu7',ic: cons 3u5'al bulls
4tfV.tct canuers lrteU3'ie;! 1021 spring
lambs, lO'.iCi top live veL lOci dressed
veal. Wc; dressed plits. Iftc,
I'juhrr LtRht bens. 18c; neavj urns.
22ci roosters 6i:UBci Iciihorus. sprincs 17c:
colored frys 22c
Ehkb. pullets, lie; standards. 10c;
Pn"tter?nt. 40c: print butter, 42cW43C;
standard cubes, 30'.c.
VeKomine " f t ulls-rhe.l (
tables, beets, 6ci ttreen onions. 80cij40c
a doreni radishes 80cW40c; lutn, car
rots, 60CI bunches celery, ll.00tfll.Mt
new cabbaie. 3l.kci new potatoes, '.c;
local lettuce,
yellow onions, Bel local strawberries, J1.7S
per eraie. iwm tMi.v... -v.
Mohair. 60c. kid mohair 60c
v alley wool. 12a,
Two Inrge Roman milestones re
cently were found at Bowes, England.
SAN3IN0 PLANS
ATTACK ON SEAPORT
Con I tu
e.1 fr.
1'RRO It
L:ent by air to Ocotal. a small field
piece and some machine guns and
reinforcements under Major Floyd
are rxpected momentarily at Ocolal,
:o the garrison will be prepared for
any emergency.
It was Major Rowcll who led five
bombing planes to the attack at
Ocotal. which was largely responsible
in dispersing the rebels. His plane
bears the mark3 of 4-1 bullets.
General Mnncada, the chief lib-
mil commander in the campaign
a-iainst the conservatives, which was
terminated by the peace arranged
by Henry L. stimson. as personal
representative of President Coolidge.
has made charges against General
Sandino.
In a lengthy statement, Moncada
says that after the peace agree
ment was signed. Sandino, despite
appeals, even by hi 'sown father
"took and held foreigners for ran
som, an dedicated himself to (he
assassination of his enemies, wheth
er liberals or conservatives."
GRAIN HARVESTING
JUST UNDER WAY
Harvesting of grain crous is lust
getting under way in the valley with
weather Ideal for it. The first
threshing has been done on the bar
ley crop, but only a little of his has
so far been accomplished.
Reports coming in indicate that
the fall wheat is a little thin in
places out the wheat looks well
filled.
Gray oats look better than usual
according to reports, in fact Charles
R. Archerd states that they look
better than he has seen them for
years. Fall oats, some of the early
what and oats and vetch and barley
are the crops now being harvested.
Flax also Is being harvested as rap
idly as possible with a good share
of the flax crop now being in.
BOARD FAST
DEADLOCK
(Continued fiovn pnse onei
LICE EXPECTED
TO CUT HOP CROP
A hop buyer who has been over
virtually the entire field in Oregon,
makes an estimate that lice will cut
down the hop crop by fully 20.000
bales, and while he had been esti
mating on a basis of 90,000 bales he
now believes it will not run over
70,000. The crop last year was well
up toward the 90,000 mark.
While some of the big yards which
have been sprayed thoroughly and
repeatedly are reported to be clean
and will yield excemionallv line
crops despite the long, hard ligiu
against lice, there are numerous
smaller yards, he reports, which
have gone more or less un.spraytd
and are covered with honeydew.
He figures that in many yards the
damage Is now practically unre
trievable and that mold is bound to
develop and destroy large quantities
of hops.
On the other hand continued
spraying is considered necessary to
keep the leeway which has been
gained in the fight against the lice
which have developed because of
th unsual weather conditions. Cool
and cloudy mornings are stilt favor
able to the lice. An estimate re
ceived from California places the
crop there at 50.000 bales again this
year, the same as last year, and the
hops there are reported to be in
nice shape.
PEACH GROWERS
ASK HIGHER PRICE
BARTLETT PEAR CROP
RIPENING LATER
Bartlett pears were about one
week later this year than in 10'Jfi,
and two weeks Inter than in 1925,
wtys the California Fruit News.
While the first carload of nears
left the river district on July 2,
active shipments did not start un
til several days later, county Hor
ticultural Commissioner A. E. Mor
rison, in cooperation with H. W.
Poul.sen, standardization Inspector
of the California Department of
Agriculture, has been actively en
gaged in making inspections and
checking the fruit for compliance
to the standardization regulations.
"Some difficulty was experienced
with immature pears on the first
shipment," said Mr. Paulsen, "but
i nose wnicn are now ueing snip
ped are in full compliance with the
law." Inspectors for the depart
ment ore also observing the condi
tion of the pack in relation to the
minimum requirements of spray
rt'sidue. Pears so far from the river
district have been found in good
condition in this respect, it is reported.
SALEM BANGING
ASSETS SHOW GAIN
Secretary of Stato Ko?.er which
read ;
In view of the recent opinion of
the supreme court m the case ot
Pederson vs. the state board of con
trol, ond In view of the fact that
such opinion declares that no in
debtedness may be incurred by the
state in exevess of the limitation
provided by the constitution, but
does not prescribe a method whereby
me iiscai oiiicers of the state may
definitely determine when the au
thorized expenditures may ex:ced
public revenues, be It resolved ov the
board of regents of normal schools
that further action by the board (if
regents on the construction of the
eastern Oregon normal school nt La
Grande be deferred for the present
lime. '
Had th3 Question gone to a vo'j
on the motion made by Frank J.
Miller of Albany it was quite ap
parent that Miller, E. E. Bragg of
La Grande, C. L. Starr of Portland
and Fuller of Ashland would have
voted for it. while Governor Patter
son, Secretary of State Kozer, State
School Superintendent C. A. How
ard and George Harlman of Pen
dleton would have voted against it.
GOVKKNOK KKIll'KKK THEM
Howard seconded Miller's motion,
which was a motion that bids be
called for, but the state superintend
ent later indicated that he did not
want to see the matter go to a vote
because of the opposition. A similar
position was taken by Bragg.
"I move (hat we adjourn," said
Bragg.
Kozer seconded the motion.
Governor Patterson rebuked them
by remarking: "Let's not act like a
lot of boys." He refused to put the
motion.
"I object to making the normal
school a test of the state's building
policy," said Bragg.
"We aren't," Kozer replied. "We
did that yesterday when the board
of control voted down the nurses'
home at the state hospital."
"Sure, we declared our policy yes
terday," the governor said.
PLANS ADOPTED
Miller then withdrew his motion
that bids be called for, and Kozer's
resolution was discussed at length
before it was finally whipped into
lorm that satisfied everybody.
Prior to taking up the Question
whether the school should be built
the board adopted plans for the nor
mal school building.
The implication of the Kozer reso
lution Is that the board should await
some official Information as to how
far-reaching the recent supreme
court opinion is. There is still a pos
sibility that the state board may ask
a rehearing of the Pederson case.
(PimiluiiWl frrti
ll
Salem banks Is credited to pay
ments on form mortgages.
Notwithstanding an ultimate fall
ure of tho 11127 prune crop, condi
tions in this district have never
been brighter. Business has picked
up in practically every commercial
line with a surplus In tangible cap
ital which is Increasing each month.
With the largest construction
program underway tho city has
ever witnessed, the building trades
men alone are keeping a steady
stream of money flowing in the
business channels.
The price set bv the California
Canning Peach Growers for its mem
bers this year was not suffciently
high to meet the approval of a num
ber of the growers of cling peaches
for canning purposes outside of the
association's ranks, says the Cali
fornia Fruit News. This was. of
course, to have been expected. But,
on the other hand, the canning
peach glowers' organization feels,
naturally, that it set the price at as
high a level as it was parranted in
expecting to be obtained. Last year
there was some agitation among the
outside growers for a higher price
but the movement did not develop
any values. This year it is being
undertaken again by a group of
leading independent growers in
Yuba and Sutter counties and the
Marysvllle, Yuba City, Gridley, Live
Oak, etc., section has had some
growers' meetings, which have been
backed by encouraging talk from
local business men and bankers, to i
organize and form a pool asile from
the canning clings tnat are signed
into the California Canning Peach
growers.
Tnis movement nas attained some
headway this year and while the
tonnage suggested as oeing under
control by the leaders in this move
ment is, in uie opinion oi many,
rather exaggerated, at the same
time there is a material tonnage
that can be mit together if there is
any prospect of success. The com
mittee oi tnis growers movement i
concerned has been undertaking to I
get in contact with canners and
also with, the management of the
California Canning Peach Growers'
organization, but no definite results
have yet been announced. From
$:i5 to $40 a ton rather than $30
is what the growers In the movement
believe should be realized lor their
No. 1 peaches sold to canners this
year. The canners, however, have
not yet indicated a willingness to
actively buy at even as high as $30
and the matter is temporarily a
standoff.
It doesn't look like a year, under
the conditions of the big pack of
clings last year and the carryover,
when even reasonable prices are
quite assured and it is too late in
the season to organize a new move
ment for this year's operations
through any new trade agreement
or understanding. It is expected
that the canners win mane some
decision upon their peach purchase
problem almost any day now. ine
committee of growers concerned
with the new pool, which states that
it represents au.uuu tons, nas oeen in
San Francisco negotiating with
canners and with the state growers'
organization.
INDICTMENTS
COME AS ECHO
(Continued Iron) paee one)
alter the death o( Henry L. Pittock,
he became president of this bank.
During the war. he was chairman
of the third and fourth Liberty loan
drives, and he has served as presi
dent of the Portland Clearing Hemic
association.
Wheeler has been Idenuiled with
the lumber industry of the Pacific
northwest for many years and since
1U05 nas had his offic--, m Portland.
In the timber business he has been
associated with his brothers, and
with his brother, L. R. Wheeler, he
purchased the Portland Telegram,
id 3ears ago.
In November ol last year he as
sumed the interest of his brother
in the publishing company and con
tinued it under his direction until
filing a voluntary petition of bank
ruptcy, April 12, this year.
The filing of the petition in vol
untary bankruptcy by Wheeler In
behalf of the Telegram Publishing
company, followed the appointment
of a receiver in the state court. Lia
bilities of $492,015 and assets of (1,
007,204 were listed, but the proper
ty recently sold for $22G,0C0. In
cluded in the list of liabilities ol
the publishing company was a note
held by the Northwestern National
bank for $120,000.
The Portland Telegram has re
cently been reorganized under new
owners and management following
lid suie.
The action of the federal nand
jury, although the Indictments were
secret, was not unexpected. The
grand Jury took up the considera
tion of the Northwestern National
bank, last Friday morning. Mr.
Olmstead at his own request, ap
peared before this body late Mon
day afterntjn.
The members of the Brand Jurv.
which voted the indictment, were
D. L. Keyt, Roland Agee, M. I, C.
Arnold, N. E. Bates. Q. Chamber
lain, W. F. Darnielle, F. W. De-
Temple, T. N. Ewing, Mathew Gib
son, Monroe Hill, Otto Hogg, F. C.
CAFETERIA CLOSED
UNTIL PEARS COME
Hubbard. July 21. The cafeteria
at the Hay-Brown Conning Co., at
Woodbuin. has been closed until a
later season as at present the force
is comiHiscd only of the canners and
the men attending the machinery
besides the office force. The peak
of the berry season has been passed
though logons are still coming in
strong. The quality and quantity
of the berries has been most grati
fying to the management and all
the work has been done with excel
lent results. During the peak of the
season 600 men and women were
employed to take core of the im
mense quantities of fruit brought In.
The cafeteria will be reowned
under the same management during
me pear season.
Miller J. H. Paul, H. G. Pomeroy,
J. P. Redmond, William Robb, T. E.
Singleton. W. F. Stewart, A. W. ul
livan, Bernard Walker and Charles
Walker. Mr. Keyt was foreman.
Court House
Happenings
The state highway department
has given its formal approval to the
plans for two Marion county market
roads, one from Qervais to Sim
mons church and the other known
as the Silverton-Skalfe road. Work
is well advanced on both these roads
the approval given being a matter
for formal routine, approval by mar
kct road engineers of the commis
sion having been given before work
was started.
Dorothy A. Parsons has filed suit
for divorce against C, C. Parsons,
alleging cruel and Inhuman treat
ment. They were married at Napa,
Calif., in July, 1911.
The estate of Ida G. Swayer has
been appraised at $3434 by T. P.
Risteigen, C. A. Reynolds and E. C.
Olsen.
Writ of review in the case of Hu
bert L. Hicks from the Silverton
justice court has been filed with
the county clerk.
STRAWBERRY PACK
AT LEBANON LARGE
Lebanon, July 21. The strawber
ry harvest in Linn county is now
concluded and most growers had a
satisfactory season. The canners
and packers had a hard time for a
while to care for all the berries of
fered, and there was considerable
loss for a week or two because the
plants were not able to take care of
all the fruit coming in. But on the
whole the growers have done well
and have nut away the largest pack
ever harvested here.
The season's pack here Is esti
mated at 3,000,000 pounds ot berries.
Stayton, Or., July 21. The Stay
ton board of health held a meeting
in the city hall Monday evening with
a fairly good attendance.
CURLY'S DAIRY
Kecelved Official Score of 97.
Are Vou Uctling as Good
a Quality? If Not
I'honc 2120 For a Trial
CHAUTAUQUA
'A day of real entertainment. The Lucille
Elmore Company will give a novel enter
tainment which will be pleasing to old and
young this afternoon at 2:30 at the big
Chautauqua tent, Willamette University
grounds.
Tonight at 8 the Lucille Elmore company
will give a 40-minutc prelude of music and
artistry preceding the celebrated lecture
"Tallow Dips," by Robert Parker Miles.
land limberman and former publish
er, were at liberty today under bond
of $15,000 each. The indictments
against the men charge specifically
the misuse of $796,514 of the bank's
funds, although government attor
neys say the sum of $11,000,000 is
involved in what they term a spec
tacular system of check "kiting" be
tween Pennsylvania banks and the
Northwestern National.
Wheeler is charged with depositing
worthless checks totalling $796,514 In
the Northwestern National bank,
and with withdrawing that amount
in cash.
CHECKS APPROVED
Olmstead is accused by the gov
ernment of ordering these checks
placed to the credit of the McCor
mtck Lumber company account,
where Wheeler, its president, could
draw against them.
The conspiracy to operate In this
manner existed, the government
says, from October 9, 1924, to March
29, 1927, on which date th: Port
land Clearing House association took
over the affairs of the Northwestern
National following a continual run
on the bank by depositors.
Wheeler, as president of the Mc
cormick Lumber company, is alleged
in the government information to
have presented for deposit at the
Northwestern bank worthless checks
drawn upon three banks in Pennsyl
vania. The banks named are the
Forest County National bank, Tien-
esta. Pa., the Brookville Title &
Trust company of Brookville. Pa.,
and the Titus Ville Trust company
of Titusville, Pa. These checks were
deposited to the credit of the Mc
cormick Lumber company and, the
indictments read, "should and would
be initiated and approved by said
defendant, Henry Olmstead, presi
dent of the Northwest bank."
BOTH 1'KOMINKNT
Wheeler nnd Olmstead have long
been prominently identified with
business activities in the Pacific
X.orthwest. Olmstead began his bank
ing experience in Minneapolis, and
in 1907, moved to Seattle, where
he was associated with the National
Bank ot Commerce. In 1011, he
moved to Portland ond became vice
president ond general manager of
the Portland Trust company ond
continued in the same capiclty with
the Northwestern National. In 191P.
Shoe
Sdle
rice
FRIDAY and SATURDAY
Come early and get a pair of these wonderful shoes at half their actual value.
Over one hundred pairs of the Price Shoe Co.'s high grade shoes placed in this sale
to be closed out at half price, only broken lines are included in this lot, they are the
very finest shoes that money can buy, but there i snot all sizes in any one line. Our
entire stock is on sale as well as this special lot that we are closing out.
MEN'S, WOMEN'S, BOYS' AND CHILDREN'S SHOES, ALL AT RIDICULOUS
LY LOW PRICES.
Ladies' Dress Pumps
All $10.00 Pumps in colored kid patent leather and
Combinations Bf leather to go while they last at one
price
$5.00
Ladies' Dress Pumps
AH styles sandals, strap effects, ties, open shanks,
tegularly sold at fll.OO. AH go at
Ladies' Dress Pumps
Regular $18.00 values, dozens of styles to pick from.
All the very latest styles, but not all sizes, to go
at one price
$6.50
Women's Hose
Pure Silk Discontinued Lines
Regularly sold $1.00 to $1.65. Get in the first day
if you want to have a selection as they go at
i79c
Men's Dress Oxfords
and Shoes
Hundreds of pairs broken sizes, tan, black or brown,
both kid and calf leathers. All sizes in the lot.
$7.00 values go at $3.50
$8.00 values go at $4.00
S10 values goat $5.00
Come early as there is only a few hundred pairs and
they will not last long.
House Slippers
Hundreds of pairs broken lines, former prices $2.00
to $3.50. Get a pair early in the sale at
95c to $1.95
Sales For Cash Only Absolutely No Charges
Rubber Heel Day Every Wednesday. All 50c Rubber Heels O Elf
Pit fin Vnnv Vinoo at TTolf Priro " V
A V V VIA ifc VUA lU UU AAfcWJLA
THE
Oregon Shoe Co.
Old Location of the Price Shoe Co.
326 State Street
STANLEY BURGESS, Manager
J
J