Capital journal. (Salem, Or.) 1919-1980, October 25, 1949, Page 17, Image 17

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TODAY'S BUSINESS MIRROR
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Gould, who Inherited $10,000,
000 from his father, financier
Jay Gould. Frank Gould had
spent most of his life in France
and still lives there.
IS Priests Sentenced
Prague, Oct. 25 VP) Reliable
sources said today 18 Roman
Catholic priests had been sen
tenced to two years in prison
each after a trail In Prague's
Pankrac prison. They were ac
cused of reading banned pastor
al letters from their bishops.
The informants said the
priests refused to tell the court
by whom the pastoral letters
were delivered.
YES!
Army Team Coming Ma. Henry Petrola (right) and
Sgt. Harold L. Hall (left), members of the army team that
will conduct a class here for regulars and reserves of the
armed forces the night of November 2 at Bush school. Hall is
pointing to the M-Day Force chart. (U. S. Army Photo)
4
Next Class Set
For November
Policies and procedures of the
Organized Reserve Corps of the
army will be the topic for the
next class to be held here for re
serves under the army's organ
ized reserve corps augmentation
program.
Set for the night of November
2 at the Bush school auditorium,
the class is to be conducted by
Ma. Henry Peltola assisted by
Sgt. Harold L. Hall and is open
to all regular members of the
armed forces and reserves of all
branches. Proper identification
will be required, however, for
admittance.
Ma. Peltola is a reserve offi
cer on active duty with the
Sixth army operations and
training section, organized re
serve corps division. He served
two years in the Pacific during
World war II and is a school
teacher by profession.
Sgt. Hall, veteran of 29
month of duty in the Pacific
during World war II, comes
from the Second Infantry di
vision, company B, 23rd infan
try regiment, Fort Lewis. He is
on detached service at Vancouv
er barracks for a year.
Gould Heiress
In Convent
FriboursJ, Switzerland, Oct. 25
VP) Baroness Marie de Morten
ache, granddaughter of Ameri
can millionaire Frank Gould.
has been a novice at the convent
de la Maigrauge for the last
IVi years.
Reached at the convent where
she is studying to become a nun,
the baroness, who is about 24
years old, denied a New York
newspaper report she had re
nounced her Inheritance.
"I did not renounce the In
heritance because I am not I
nun, definitely," she said.
The end of her novitiate Is an
other 24 years off, and then
ihe must make a decision soon
whether she will take the final
vows, which would commit her
to a life of cloistered piety. If
she does become a nun, she will
be a member of the Cistercian
order.
Sisters at the convent athough
reluctant to talk about their
famous charge, said she spent
most of her time in prayer and
in working at the tasks of the
convent, mostly embroidery and
dressmaking.
The baroness Is a granddaugh
ter of the self-exiled Frank Jay
Strikes Create Shortage;
Raise Costs; Higher Prices
By SAM DAWSON
New York, Oct. 25 HP) Talk about a dollar-a-pound coffee
by next year makes you wonder. Is inflation going to show up
again in the place you'll like it least the family market bas
ket?
Already the men who package foods are starting to prepare
for price hikes all along
"With the strikes In basic in
dustries," .says Paul S. Willis,
president of the Grocery Manu
facturers of America, "it isn't
possible for food prices to con
tinue to drop as we thought they
would. On the contrary, an up
ward trend in all foodstuffs will
become noticeable shortly and
be more pronounced toward the
year's end."
vou
the line before the end of the
year, reversing their own pre
dictions of a short time ago.
They acknowledge large sur
pluses of grain but they say the
government buys these up and
neutralizes the law of supply and
demand.
A lot of items adds up. Beef
i the hoof is selling at the
highest price since last Novem
ber. The agriculture department
today says meat prices may be
lower but adds that'll be next
year, and mostly in pork.
Grain prices turned upward
as soon as congress voted to
continue wartime high parity
payments for the principal food
crops. Bountiful harvests won't
pay off too strongly at the grocery.
Sugar edged a shade higher
at wholesale, although there is
a world surplus held off the
American market by law. Cocoa
has climbed up the ladder again.
And some candy makers are re
ported hard pressed to line up
all the chocolate they'd like for
the Christmas trade.
The reason packaged food han
dlers advance for higher process
es to come is: They fear the steel,
coal and aluminum strikes will
soon cause shortages of neces
sary supplies in their plants and
raise their costs.
Roasted coffee prices have
gone up four times in recent
weeks in the wholesale market,
reflecting the sharp advance in
the price of the coffee bean.
YOU CAN
OWN
America's Most Distinctive Car
the
1949
JjmoIi (3)Jnwioiitai
For thirty days we am
offering you a very
special allowance on
your used car. Come
in and check on it
before deciding to
buy any other make
you'll be surprised.
immediate delivery!
FROM THE
OUTSIDE AS
ft, ,
rawm ins maiisi vumtL-t
There's something about Ventian Blinds that
make a world of difference in the way your
home looks. They have an individual
beauty, a cleaner look . . . they whisper to
passers-by "here's a home in good tastel"
Sears Harmony House Steel Blinds are the
best money can buy. Also available with
word or aluminum slats. As low as $4 50.
Fill In the coupon below for a free esti
mate. No obligation. Mail or bring it to
Sears.
Last February a pound of green
coffee beans brought 23 cents a
pound, but now is around 38
cents. Futures prices for De
cember delivery are at an all-
time high on the New York cof
fee and sugar exchange.
Roasters are now asking as
much as 60 cents a pound for
their popular brands. Retail
ers say their prices will soon
go to 70 cents and by the end
of the year may hit $1.
Others, however, say that be
fore that happens, Europeans
will drop out of the market
since tneir cneapened money
makes coffee even more expen
sive for them than for Ameri
cans. The British food ministry
has just cut its allocation of cof
fee to the trade by 20 per cent,
releasing some million and a
half bags a year to the world
market.
The situation in coffee Is
blamed both on man's growing
taste for it, and on bad grow
ing weather for the last two
years. World consumption is
now greater than production,
More liquid needs to be used i these same product when the
in making cakes and breads in air contains moisture, report
dry climates than in making 'the department of agriculture.
and wo are fast drinking up the. Capital Journal Salem, Ore, Tuesday. October 15. l4t IT
urpius mmm siorva in lis xai
years.
But against these isolated food
price advances, and the predic
tion that others will follow be
fore th end of the year, is a
sizable and stubborn core of
opinion that the only way the
cost of living, as a whole, can
go Is down. These observers
believe that even the inflation
ary measures passed by the con
gress can't veto the fact that
most foods and goods are now
in plentiful supply.
Palmistry Readings
r oh
Will
WIU tell your
ana luiure.
t present
advise on
jp upen 9 a.m
is to 10 p.m
Under New Management
173 S. Commercial
faiasla by Ik
. ' ll
7 teases A 3J
LIQUID k4
The slain makes the different In DYAN-
SHINE Stein Parte Polish. It actually iftn'iu
rich, true color Into the Uather, toning scuffs
and faded ipoti to the real shoe colorl
DYANSHINE kpl brown shoes brown, kpt
black shoes black . . . and gives o hard, bril
liant shine, too. Double action . , double
value. Easy to use. And Ihrillyl At food, drug,
variety stores. Barton Mfg. Co, St. Louis 1 5.
HOGG BROS. PRESENTS
WW
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VsEUCTRl RANGE J SS
KJimM NEW
WARNER MOTOR CO. . !
430 N. Commercial . Sol.m, Or. 2sWS5 ' A
TX.
VENETIAN WNKllBsjgH i My
'LOOK AS smart r. L'H B MmFr Sjggtl tfS
mSj fe fill p'Srr-SB 11 - !2 v i
b y t fa ix if 'Irr I I I I .. .. I --S I M
stud D CJ f!il:?!fn r-HVfl l II I S" If
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.... 1 Wmu CACV nfKYffTYTYrP
. TERMS JUUyUKZMLLAjyjZ
ED I CM HI Y f VHLAMETT! TAUET'S UADIMl APPLIANCE t HONE FURNISHERS I
I 5ALEM OREGON CITY j
Radiantub Cooking Unit
It cooks faster than ever before and does it with much leaf
current! It's Hatter and wider brings more heating xirfao
into contact with utensils. What's more, it give you a choio
of 5 exact, controlled heats so you get the same grand re ka
every time. Distributes heat evenly at any switch poettioss.
NEW 36 inc FluerMCn' Lamp brilliantly light
cooking top.
yY higher back panel adds greater beauty.
jpiaf smarter-looking styling by world-fai
""if mond Loewy.
NEW ' Tlma-Signal has two speeds on for
waicn accuracy sor measuring up to 9
another for up to 60 minutes.
MrAf (witch knob are easier to read no
or bend.
JPllf storage drawers move smoothly,
triple Nylon rollers.
to ttoot
STRUT-,
vjj. m 4dot mf Lll I la
V " J v " ------
Shop in
Air-Conditioned Comfort
Store Hours:
:30 to 5:30 Daily
1:30 to :00 Friday
Plenty of Fr Parking
S50 N. Capitol Ph. 3-9191
IIS South Commercial Street
You'll know this Frigiclaire Electric Range b new she
minute you see it all new, from top to bottom! Beautiful new
styling by Raymond Loewy ! New time-and-work-saving feature
galore! New, more efficient Kadiantube Cooking Units that
conk far faster y. actually save money on current I Take
your choire of models with either one or two big Even-Heat
Ovens. Whichever you choose, you'll be able to cook a whole
oven meal automatically thanks to the Cook-Master Orern
Clock Control. You'll have the famous Triple-Duty Thenniser,
too yon can use it as a small oven, as a deep-well cooker.
or as an extra surlace unit.
MODEL SHOWN IS RM-4S
$309.75
7 OTHER MODELS FROM $1 54.75
Phon Salem 3-9148
YOUR
TRADE-IN
IS YOUR
DOWN
PAYMENT