The Beaverton enterprise., October 02, 1942, Page Page 2, Image 2

F rid a v , O cto ber 2, 1942
BEAVERTON ENTERPRISE. Beaverton. Orepon
Pape 2
What About Interest Rates?Babson
RPAVHW B t^ B fTERPRISE
Advises Short Term Investments
a. h . n m u a publisher
Published Friday of each weak by the Pioneer Publishing Co., at Beaverton.
Oregon. Entered ae aecond-etaee natter at the poetofnce at Beaverton. the
-11X0
One Tear _
Six Month«
Nat. Grange Convention
A t Spokane N ov. 11*19
Three M on th s_______ _______S -»So
Subscription Payable In Advance.
Beaverton Office—Enterprise Bldg., Phone Beaverton 2321
Hillsboro O fflc«— Boom ft. Delta Bldg.. Phone 1M1
Portland Offlee—SOS Panama Bldg., 3rd and Alder
Phone ATwater 6591
Plana are well under way for the
70th annual session of the National
______________Grange, scheduled this year for Spo-1
Babeon Park, Mass , October 2—
—
Wane, Washington, and whose dates
An interest rate is a money fee paid ..
November 11-19.
These three
by those who have less 'than they ^ r r o T " *
* ° to the banks
Individuals will then
0¡ j be great Northwest, Wash-
need ot money to those who have
, ,Q *
war savings
Oregon and Idaho, are com-
"
more than they can use.
The rate , ____ .r ™ * c**h their
to —
do the
honors — as — hosts to
at which money will be lent during ',J.n h
i & k , * government
#
,.
, may
. - bining
......■> —
— --------
the coming
inflation will depend **
, * lo bor,0'*[ irom
banks tbia natlonal gathering of farm peo-
upon the lelutive status of two ele '
* money o paj
em
p]e> and jn spite o f transportation
"
in of
government handicaps, etc., a large attendance is
ments
i l ) the eagerness o f those
This cashing
who have insufficient money to have •*c**rities held by individuals will expected at Spokane, naturally drawn
or do things which require money; r.ot be sufficient to replenish the chiefly from the Pactflo Coast, states.
<2) the eagerness ot those
who coffers of such individuals or busi- When Washington was voted by the
ness firms.
I t Is likely, therefore, —
Worcester session last year as the
have ample funds to
that despite the inflation of the post­ meeting place for 1942, Spokane was
for an interest revenue
war period, much of the money sup- deemed the city best located to ban-
How Inflation Works
. „ ..
_
. . . ..
,
.
ply will be frozen.
Banks will ex- die the convention, because of the
Inflation means that there is plen- ,,erlence a rather heavy demand for extent of war defense activities
at
ty Ol
ot a kind
In »ome
-es, inflation takes on the character- 1°“ ^ ’ th“ *perm ittin g them to charge j Seattle, where the Grange held its
T o,
.pp„,r jjo r«. » , u
snurs? Is a£zs. t s:
‘r r u r
Think Back 42 Years
Helj0 Folks:
I am a tellln' you.
I
jj.ay f e iget that day Chris' Columbus
decided to diskover Amerikey!
But
j . jj never fergit
the date the Big
Hurricane decided to hit the south
coast
a 1900 and
____ __ of Texaa on Sept.
. v. u.
knock out Galveston fer The count!
My fatheI. had moved from Oklaho-
mty (0 that part of Texas a couple
of years back from that date as he
wuz a saekin' better health.
He
^
dldn t rind it
„ in
_______
that ______
storm!
w“ h'"g“ n
«
,;r “
1
take time to throw a pan of salt
water in my face and get out In the
money due to inflation, lenders will
zephyrs where I happen to be even if
supply
W h y Don’t You W rite?
.
... of . money ,, w'a ,, Placa<* to the want a higher interest rate due to
Freedom is the Goa!
TH1EE III MT HOUSE
it might be a sandstorm and thank
benefit of a small clique, the rest of the increased risk involved
I f there’s one thing u new soldier the Lord that I don t have to swim
the
nation
suffered
a
severe
shortage
Housing
and
Commercial
Ixian*
•“To win this war for freedom
Tes-Three of us live together here of
of money
Plices
ud fast
*
t^mnssrciai lxians
*
. he
. gets
t8 ¡n
You know
in camp
camp, it is out of the sandstorm!
money.
Prices would
would go
go up
fast
is not to win a doubtful victory.
ih
?
'liv
,n
.
T
;
7
h
r
I,h.Tehm
n
e
^
0
lHma|
n
“
tha"
H
o
^
T
money“
V
o
u
.d
lt
tha™*he°present'^low^ln-
™
f
r
o
m
h
o
m
e
-
C
S
from
way
back
yinder
in
them
ole
days we
To win this war for freedom Is to
l
,3 , " !'
He *“ l each «* * Public and most business- Merest rates l y
be a DermlnentI
wife, or his best girl.
Many had never met a auto a snortin’ er
win the greatest triumph any na­ th, M
In. lift,... n,
"*en- Thla a<*vance was caused both feature:
loans to
merchants soldiers
“ Won’t you a Hitler « raisin hellendemmatlon on
feature; but
but for
for loans
to merchants,
--------- have asked,
tion, any people, ever won.” —A r­ lng
horse, or trading jack knives by a decreaalnK
We had never seen a flap-
desire to hold onto I We must visualize a situation when please tell them through your paper earth.
chibald M&cLelsh.
with him.
have
to
write
us
more
often?”
Mail
is
per
er
er
a radio
lend-leaSb
policy
may
of
H e ‘ is a m° ney and by a" lncreaainB demand the
boss and well
B A R B W IR E B ILL
born thief and murderer
his « urge
» * f° r tan,f,b,e K°°d»
drained our huge surplus of most what soldiers want more than any-,
I f inflation should take the shape goods,—not only foods.
It is well thing else.
The government is fuin-
also is to feed the lowest of his
Fire Prevention W eek
of a huge expansion of currency, or to remember that the need for com -1 ishing every material thing they
Housewives should remember now
appetites.
a sudden increase in the use of cur- mercial loans arises primarily from need, but it can't write them friendly that meat may soon be rationed—
With fire from incendiaries proven
| what is n i s n a m e .
O-ITN Iency there mljfht be greater aaaUi the creation o f goods and crops letters every day. Only you can
fill
cheese—which is about one-
the greatest wartime threat to civ­
m v r v n - n J a v t 2 ,A T V R E »nee that interest rates would go up When commercial loans shift fr o m ! that need—Nashville
(111.) Journal., fourth protein, makes a good susti-
ilians by British experience, OCD .
, « , , B T *w.8
, _ during inflation.
In this country, productio n activity to
inventory
tute for meat dishes once or twice a
Director James M. Landis is calling day I am to leave this place and take however, inflation is taking the holding it is usually about the end of
—TH R O W Y O L K SC RAP IN TO
week.
on defense councils throughout the
uk '" / "y new h°use
One not made form of slow bank depogit inflation the business boom.
Therefore, lend
TH E FIG H T—
d j j lease is an instrument which, in
country to participate In observing with hand, eternal in the heaven. So many peopIe U8e check8 to
Then
I
will
be
fres
from
the
old
thelr
bank
deposiU
Fire Prevention Week, October 4 to
----- ------ — ------ - that we are n ot. the post-war period, might cause a
10. Setting the date. President Rooee- man forever.
immediately threatened with radical1 renewed industrial boom at high pri-
velt declared that wartime emergen­
And what of the third
one who currency inflation.
j ces when most firms find their cash
The W orld’s News Seen Through
cy makes it ' essential that- deetruc I lives with me
One day He stood Government Now Controls Kates
! resources depleted,
tlve fire be brought under stricter at the door and knocked.
I I let
knocked.
Inasmuch as the government now
The outlook for banks is probably
T h e C h r is t ia n S c ie n c e M o n it o r
control in order that victory be {Him In.
Now He walks with me controls the Federal Reserve Board, more hopeful now on such a long
An International Daily Neu spaper
achieved at the earliest date.”
'and He talks with me and He tells tbe interest rates which are accom- term view than it
ever has been
it Tru thfu l— Constructive — Unbiased — Free from Sensational­
Explaining
the
participation
of|me
„ __
L
participation
ofim e I am His own.
He was very panying the ipresent slow inflation ,ince 1926
A smaI1 lnc,ea3e in in'
ism __ Editorials A re Tim ely and Instructive and Its Daily
OCD In observing the safety week, rich but for my sale He became poor are a matler of government
government policy.
Dolicv »^rest rates should greatly add to a
Features, Together with the Weekly Magazine Section, Make
Mr. Landis said:
"Now the tre- that through His poverty I might be ; One must not forget that ever since bank's profits.
Of course, politics
the Monitor an Ideal Newspaper for the Home.
At the crossroads of the banking system' was
mendous damage done by fire Is come rich.
was invented enter into the problem.
Social I re-
more than
ever a national problem, life. He throws the light on the up- the Huppiy of monetary funds wheth- formers always enjoy tinkering with
The Christian Science Publishing Society
because low of life
materials
or ward path.
And He reasons wlth ’ eI aa credit Q|. currency dependen Bomp intriguing toy which they don’t
One, Norway Street, Boston, Massachusetts
productive
time interferes with the me and urges md but He leaves me upol, Government legislation rathe, quite
understand.
We.
however,
Price $ 12.00 Yearly, or 31.00 a Month.
war effort
It U a contli*Ung prob- to say for myself.
than on Kold or sUv" r
have had so much social uplift in the
Saturday Issue, including Magazine Section, #2.60 a \ ear.
lem that must be dealt with every. When I listen to the old man w h o ’ Today most of the money lies in last decade that perhaps voters are
Introductory Offer, 6 Saturday Issues 25 Cents.
week of the year, but Fire Praven : lives in the basement and take the the coffers of the banks and big cor- setting tired of it.
Hence, to bond
tion Week should mark the beginn­ downward path, I find this True Lov- porations.
N am e___ ____ ____ _____________________ — ---------------------------- -
The willingness
with buyers I say—avoid long term, low
ing of a more intensive effort.”
corporation bonds but buy
er waiting to receive me back
He which they have been lending money yl*Wlnf*
A d d ress.
C. I. Sersanous, Oregon State Sal­ noios out Mis nail-pierced hands and to the government is because they bonds maturing
wiuu.i i.vc m
ic
vage Chairman, has suggested that tells me He
SAMPLE COPY ON REQUEST
has settled with the want to hang onto the privilege of years when they probably
then can
speakers assigned to ceremonies dur- Father for my running with the ene- lending.
They especially fear com- b* exchanged for
«ecnntv
lng the
Yes—You nave
have
His
from me
the governme
government which Pay>nK a higher rate of interest.
, w. week link fire iFJ'®v*4ntj®“
»u. “ my.
**•
ri.a name petition nom
with the salvage material .at th
jB thg jj0rd j eaua Christ and He has shown its readiness to assure a
1=111=111=111=111=111= 11=111=111=111=111=111=111=111=111=III=IH=IH=III=III=111=111=111=111=111=111=
salvage^. program,
^ pledges that He will never leave me large supply of lendable funds if
clean all attics, basements, garages, nor forsake me.
III
banks are not willing to do so.
etc., of salvage material, at the same
Just
what
took
place
when
I
open-
Money
Kate«
During
the
War
time removing dangerous fire hex-
ed tire door that day to let Him in?
Recent statements emanating from
aids.
Fire Marshal Fred W. Roberts is Flrrt- r,od **nt the Holy Spirit to government quarters indicate that
IM
work Tn g*~ out "details ” f or” Fire PreCen- conv*ct m* of my ■»" and » ‘■•W-
I
of ^ r r e n c y when
♦
. » a u . of «aw myself condemned and lost to examining banks, wlU tend to con Ml
tlon Week, with .V,-
the » cooperation
ÿj
Then the Spirit laid a spot- sider the governemnt bond portfolio jjj
the Civilian Defense Council.
This Ood.
light
on
the
flgure
of
Christ.
I
saw
of
such
banks
as
a
non-risk
element
a
ili
Is the first year OCD will actively
On M
J
participate in Fire Prevention week. Him tempted at every point like as in the bank's earning assets
we
are,
yet
without
sin.
I
saw
Him
this
basis,
banks
may
be
permitted
¡j]
Comissioner Fred
L.
Peterson
Ml
chapman',” * Wardens” 8ervlce,* has
aarn •t*,rnal Hfe by obeying Ood at to continue the purchase of govern- =
And He stepped in and ment bonds regardless of their finan- (!'
questiyl all Air Raid Wardens, during every point.
ñj
Then clal statement.
Consequently, banks jjj
this week to (1) check all houses In suffered death to clear me.
jjj
God
gave
me
the
urge
to
open
the
are
engaged
in
the
wholesale
pur-
their
areas for vital protectlvs
This I did chasing of government bonds.
equipment required to receive the door and let Him in
Hi
Now
During the war, we should con-
compliance etlcker We Are Prepared O f my own free will I did it.
with
Him
is
tinue
to
witness
low
interest
rates.
=
(2) see that all Wardens sign up rs-jto wal,t in fellowship
quired~ number""of
Watchers fo r j»w ««t as the days go by
Deposits, however will so increase ÜÎ
IH
low
rates, ¡¡j
ihmir areas,
ar«a■ .nH
M« that their I Listen'
He also stands at the that.
notwithstanding
their
and ( »
Ñ)
own homes are free from all fire door ot y°ur heart and knocks Open banks should be able to earn divi- £
If allowed !!!
to Him at this moment and He will dends during the war.
hazards.
i T i
come in and sup with you.
Now to make higher service charges, they I ffl
m
search the Bible to learn your Christ may even accept a lower rate of in-
-GET IN TH E SC R A P—
ian duty. Yield to Him your strength, terest o « their government bonds
ID
your days, your faculties until you The deposits of the average bank in-
Retail
W ho letals
W ho letals
Retail
ID
A Salute to Our School« can say—He is my Hope-Cheer-Joy-! crease to about 75^ of its increase
Peace-Wlsdom-Coui age all the way. of government bond holdings.
HI
A salute to the schools of Am­ all tha day.
Money Rates After the War
erica for the magnificent job they
In the post-war period, there will
jc
have done in mobilising their stu­
develop a resumption of internation­
!i!
dents, their teachers and their com­
al trade which should cause a re-
munities for wartime service!
Cloverdale, Oregon
newed demand for funds for the pur-
ID
Their War Savings Programs—em ­
Thla space paid for by an Oregon pose of rehabilitating devasted re-
ID
phasizing reasoned, voluntary and busineaaman.
K|ons and inventories.
This will
ili
regular purchase of War Stsunpa and
— — - - ,
come just at the time when lndividu-
Bonds— have diverted millions of dol­
\ ll _ u . i i
1
al® an^ businesses will be subjected
u n e w a y lO n e i p
to mo8t 9evere Income taxes which
lars from unnecessary spending Into
HI
Do you spike the
rumor, uncover they may not have the money to if.
vital production for our
armed
. . .
the nefarious Intent
of the seeming Pay.
Due to increased wholesale
forces.
¡Ü
Their classrooms and shops have ly harmleas joke, point out the innu-i prlces much more capital will be re-
£
trained approximately 2,635,000 work­ sndo In a question, and show how qU|re<i to carry adequate inventories
jc
ers for war industries since July I. all these things are subtle devices ___________________________________ __ =
III
in
of the enemy to divide the people of \
1940.
£
I
Ili
Their teaohers, students and par­ the United Nations and to undermine C i t y o f P o r t l a n d S e e k »
i ; __ .
r_
^
ent organizations have registered our national unity in America? Do you? i
manpower for war and have put the That Is one important way most of A p p l i c a n t * f o r J o b »
III
’^'^e Portland Civil Service Board s
gigantic war rationing system into us can help to defend our country.
£
and to win the war.
And the nation announces examinations tor two po g
operation throughout tbe country.
III
of service today *lG°n9 lo the city civil service, Mo- jjj
=
They have become more than ever does need that kind
at
the
hands
of
Its
citizens
—Clssna
‘
or
Vehicle
Inspector
and
Archives
=
community centers for learning, for
=
Custodian All quailifed persons now-
specialized training, for discussion, Park (111 ) News.
I
D
living anywhere in the metropolitan
music, entertainment, and for service.
area of Portland are eligible
America’s schools have gone to war
............ ....
I
Turn in the Scrap
Examinations for
Motor Vehicle
- but they have not forsaken their
With a shortage of steel impending Inspector will be held Thursday ev­
B
main business: teaching and learning.
our war effort, there Is truth in the ening, October 8. the age limit for
They realize that the time has come
£
saying that Every Pile of Scrap Har­ both men and women has been low­
to take action that insures the right
• ««a*
bors a Jap The National Grange is ered to 18 years
Ü
of free education to exist
urging all Its members throughout
jjj
Women applicant* for Motor Ve­
the country to cooperate to the full­ hicle Inspector must be not less than
iii
Motorists are urged to remember est extent In the campaign that is be­ 18 or more than thirty years of age,
that g child at the curb Is a stop ing waged for the collection of scrap | and must conform to height and
sign.
weight requirements announced by
metals for war purposes.
the Civil Service Board
•lili
Applications for Motor Vehicle In­
III
=
£
spector must be filed with the Civil
IH
Service Board at 103 City Hall Port­
land. not later than 12 noon on Sat­
IÏI
urday. October 3.
Applicants have
. . .
until 5 p m. on Wednesday. October
£
14. to file applications for Archives IH
Custodian
The latter examination £
Grade or Grade C S K iH MILK
will be held on Saturday afternoon. ill
Grade or Grade C BUTTERMILK
£
October 17.
Ml
ANNOUNCEMENT
Changes in Fluid Milk and Cream Prices
Effective October 1, 1942
PORTLAND SALES AREA
MINIMUM PRICE SCHEDULE
Grade C Products
Grade A Products
4 % M ILK
«
FREE LECTURE
on
CHRISTIAN
SCIENCE
W illiaa D. Kilpatrick, C. S. R.
of Detroit, Michigan
Member of the Board of Lectureship
of The Mother Church, the Fir»t
Church of Christ, Scientist, in Boston,
Massachusetts.
in church edifice of
First Church of Christ, Scientist
1819 N. V . Everett St
Tuesday evening, October 6,
at I o’clock
The public is cordially invited
All motorists in the non rationed ifl
areas of the country were asked by
Price Administrator Henderson to =
observe the same rules In using their III
Ml cars that are enforced in the ration­
3 ed Eastern area, as a means of con­
lit serving rubber tires until a national
jg gasoline rationing plan can be put
I into effect.
He said it will be aev-
S eral weeks before coupon books can
I be printed to carry out the natton-
■ wide gas rationing
Unless the na-
9 tlon’s 27/000,000 motorists <#«t their
■ driving To the Bone. Mr Henderson
8 said, “ we re likely to coast right
9 into Hitler's la p "
A national speed
jtj limit of 35 miles an hour and com­
pulsory periodic tire inspection has
also been recommended.
iti
5c
8c
14c
56c
H a lf Pints
Pints
Q u a r t s ...............
G allo n s .............
3V4C
6V2C
12c
48c
H a lf Pints
Pints ...................
Q u a r t s ...............
G allons
5% M ILK
33/4C
9c
7V2C
14c 16c
56c 64c
3V-4C
6V4C
11V4C
45c
5c
7V
13c
52c
3V2C
13V4C
53c
8V
15c
60c
L IG H T C R E A M (20-22%)
14c 16c
H a lf P in t s ..........
13c
26c 29c
P in t s
25c
Q u a r t s ...............
50c 55c
45c
G allo n s ............. M.85
*1.75
15c
28c
50c
H E A V Y C R EA M (30-33%)
H a lf P in t s .........
20c 22c
19c
Pints .*•...............
37c 40c
36c
Q u a r t s ...............
72c 77c
70c
*2.75
G allons
*2.60
21c
39c
75c
A
Q u a r t s ...............
G allons
10-Gallon Lo ts
8c
28c
A
6c
22c
17c
7c
26c
7c
24c
19c
Ml
iii
III
For Bulgarian Buttermilk, (w ith butterfat) use 5% milk prices.
For Chocolate Milk use 4* f milk price*.
Milk in 10-oz. bottle« is V*c higher than half pint prices.
For prices on other special products, call Oregon MUk Control Board.
Th e above schedules of minimum prices for
cream in the Portland Sales Area become effective
October 1. 1942. by official action of the Oregon
Board taken this 30th day of September, 1942.
fluid milk and
at 12-01 A M
Milk
Control
HI
I z
HI
=
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iii
£
HI
Hi
s
mi
s
H ave You a Son
In the Service
5
Ul
£
hi
M The perfect gift for your son in
s service . . Photographs are PER- =
3 SONAI.
LASTIN G
. .
ÏNEX-
g . PE N SIV E
Three 7x10 one colored,
for $5 9ft complete
Call AT S-8 8-7
for appointment.
D P E R R Y
EVANS. 934 RW Morrison. Portland
I
OREGON MILK CONTROL BOARD
f - E. G R K L I.K , ( luirm an
G LENN
H. MARSH
Copies of the complete official order, are m process of print­
ing and will be mailed to the industry in due course.
iiiiS M is iiis m s iiis H ^ B B M iM ia u ia H is iiis iH s u s H is iiii
s
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£
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