MEDFORD ICS.1L TRIBUNE, MEDFORD, OREGON, FRIDAY, DECEMBER 9, 1932
PAGE THREE
WALL STREET IS
T
(Continued from Page One)
Ministry on December 15th ahe hu
a neat alibi for not coming across.
The South American countries axe
watching France closely and local
holders of South American bonds are
nervous. French default would set in
example several Latin countries yearn
for.
Argentina Is more likely to honor
her obligations than any other Latin
debtor. Brazil and Peru among oth
ers would be less disturbed over
making agreements and forgetting all
about them.
Most of the financial community
thought the second British note set
forth a true picture of world condi
tions. The alarmist-attitude is held
to be justified by circumstances.
STERLING: This conviction has
led to short selling of sterling from
Important sources. Sterling will also
have to run the gauntlet of sales by
Americans who have Just had their
unconverted British bonds palc for
In pounds.
DEBTS: There are some strong In
dications that there was some dirty
work at the cross-roads In this wr
debts business.
The unexpected blast In that first
British note nearly bowled Mr. Hoo
ver over. The administration had
been advised Informally to expect
something entirely different.
It understood the British would
seek reduction of Interest rather than
principal and ask to make her Dec.
IS payment in her own currency de
posited to our credit in the Bank of
England. That kind of a proposition
could have been submitted to cong
ress and everything would have been
perfect.
Instead the British leaped at us
hammer and tongs. - -
That was why Stlmson arrived at
the White House that day all sails
set. It likewise explain! why he and
Treasury Mills were closeted with Mr.
Hoover for something like iwo hours.
It also furnished the excuse for hold
ing up the note until the stock mark
ets had closed.
The stock market likewise had the
same advance Information. In fact
Its bad tip Is supposed to have come
from one of the highest. ad ministra
tion sources.
The erroneous dope had a quieting
Influence on the Street for several
days before delivery of the British
communication. The market then
took a toss.
Obviously the British turned on us
at the last moment without warning.
The story told in the best whispers
here la that Premier MacDonald pri
vately felt he had been double cross
ed. He bad been led to expect some
thing would be done about the debt
in view of the Lausanne reparation!
agreement. He said as much in the
note. He subtly pointed out repara
tions bad been suspended "with the
cognizance and approval of the Unit
ed States." Then he added In the
next breath that Mr. Hoover's mora
torium "by implication" tied up rep
arations payments and debts.
Needless to say that view Is not
shared by anyone In the administra
tion. It may cause an outburst of bad
feeling when the debate gets hotter.
Missionary Leads
Services In C. P.
! (Contributed)
Rev. Jos. S. Placks, who has preach
ed the Gospel in many lands, and
who spent eighteen months in China
In the midst of the torn and ravished
conditions there Is stirring his hear
ers with facts, and with applications
of Gospel truth, that will certainly
"stick." It is hard to understand how
any people can endure such condi
tions. All are Invited to hear Mr
rlacks at the Central Point Federa
ted church this evening, and In the
two church services on Sunday.
For roof
Leaking loots repaired.
1 work of any kind call 029.
HOME OWNED AND OPERATED
County authorities today took steps
to settle the problem of Its two wo
men wards. One Is Betty Jane Phil
lips, 10, and the other is Emalee
(Bobby) Mansfield. 22 of Ashland.
The little girl will be, placed under
care of the Boys' and Girls' Aid so
ciety of Portland, and the Mansfield
woman will probably be sent to the
girls' Industrial school. Both havs
been wards of the county for the
past six months.
Betty Jane Phillips is the little maid
found last summer with her mother.
In a famished condition on the high
way near Klamath Falls. Th r. other
claimed ahe had been ,dese -ed by
her husband, who departed In the
family automobile. Klamath county
authorities placed them on the county
farm. Mother and daughter escaped
and came to this city. They were
held here until It was determined that
the "desertion" by the husband was
a racket. The mother was sent to a
state institution. Relatives of the
girl were unable to assume her care,
so she has been a ward of the county,
under the care of the Jail matron.
The Mansfield woman has been
held in the woman's ward of the
county Jail for five months, as a fig
ure In the robbery of the J. C. Penney
WE REPEAT!
The Peerless Market Is.
Underselling Everyone
All the Time
Yes sir! We still mean it This
store will undersell everyone
and not sacrifice. QUALITY,
either southern Oregon housewives
KNOW that we GIVE GREATER
VALUE . . . That's why this market has
become Medford's meat shopping cen
ter. We don't need a big chain of stores
in offer vou MORE FOR YOUR
MONEY and every cent you spend here STAYS IN
MEDFORD . . . LOCAL, QUALITY MEATS are al
ways featured so every sale we make HELPS
ROGUE RIVER VALLEY FARMERS. .
Phone 603 - Free Delivery Daily at 8, 10, 2, 4
SPECIAL MUTTON BARGAINS
Shoulders
Chops
Rib or
Loin
Legs lb. 8HC
Stew 3 lb. 10c
aCOllheavy any size piece
H HI S half or whole
Pork R"tsnr lfljn
leg or loin
I I cents
JiMjlb.
TURKEYS small young birds Tl II s
FRYING RABBITS all sizes! Oe HQ 2C
Bacon Squares ib. 7Hc
Mincemeat 2ibs. 15c
Butter
Hens
Fresh
Dressed
lb. 29c
15Mc lb.
Beef Pot Roast ... . lb. 5c
Pork Roast fresh picnics lb. 5M
Bacon Cudahy's fancy light lb. 12lc
Pure Lard.
4 lbs. 29
BEEF STEAK
21b. 15c
All
Outs
Shortening
4 lbs. 26c
Hamburger or Sausage lb. 10c
Sliced Bacon Cudahy's half pound pkgs. 2 for 19c
Fancy Baby Beef Roasts SV2c lb.
For our daily specials tune in on KMED every morning
Onions 5 lbs. 4c
Cauliflower ... 5c head
Lettuce 5c head
"Tfaj.'JW1
Apples, Jonath's 65c bx.
Grapefruit. . .3 for 10c
Oranges 15c doz.
WITH THE VALLEY TRADE IS THE VALLEY MADE
Be Wise Buy Wise and Economize at the
RELIABLE
CASH GROCERY
W. A. H0LL0WAY, Owner Phone 20
Figure It Out
For Yourself
Considering that yon get only
first quality foods, why not
trade here and pocket the
savings assured by our loner
prices. This Is a small
HOME OWNED store
with a small overhead,'
featuring a depend
able phone service,
experienced clerks,
free delivery and a
free park Ins; lot.
tell !k
rrikvvm
See Our Big Line of Christmas Candy
Saturday and Monday Specials
A A! A m H 1
barnauon uais I c
I.arfrc pkg. Rrg. 25c Vain,
Pearl of Wheat 2 pkgs. 29c
Bonny-Ware Cereal Dish FRER
NOW IS THE TIME TO BUY CANNED GOODS
WE FEATURE LOCAL PRODUCTS
String Beans 3 cans 44c
Fanny Local Whole, No. t can
Dainty Dimple Peas 3 cans 49c
Royal Club, No, t can "
Fancy Corn 3 cans 29c
Minnesota Valley, No. S can
Apricots 3 cans 49c
Dodge Brand, No. 2 can
Cove Oysters 3 cans 33c
5 of. can
Pink Salmon 3 tall cans 31c
- 3 for 33
Fancy whole New Potatoes, No. 2 can
Fancy Columbia Eiver Salmon, 1-lb. can 3 tor 63'
Fancy Minced Clams ', . 2 for 25
1 pt. Clorox 2 for 23-
Laundry Soap . 10 bars for 25'
Large package Pcets Granulated Soap ...... 22
Knight Catsup, large bottle 20
Fancy Hard Wheat Flour, Money Back Guarantee $1.09
FRUIT AND PRODUC E
Fancy Navel Oranges
Fancy Celery Hearts, per bunch.,
Sweet Potatoes ..
Lettuce, large heads ...
Fancy Seedless Grapefruit
,..2 dor. for 25
- 5
5 lbs. 14
Each 5
4 for 19
Give Grocery Gifts
tore at Ashland. She entered a plea
ol guilty to receiving goods stolen
therefrom, but sent ace hu been de
layed, awaiting her appearance aa a
witness against Leslie (Buck) Wilson,
under indictment for the crime with
two others. Wilson, a convict from
state prison on parole at the time o!
the Penney store robbery, entered a
plea of not guilty, and claims he la
a victim of circumstance.
Wllscn, according to present plana,
will not come to trial until after the
first of the year, so rt has been de
cided to dispose of the Mansfield wo
man's case, and return her If she U
required aa a witness.
Luther (Toots) Crosby and Virgil
(Dodo) Burnett, other alleged mem
bers of the Penney gang, are also
awaiting sentence upon pleas of
guilty.
War department approved allotment
of ,50,000 for repairs to Jetties at
mouth of Yaqulna bay. Newport, Ya.
qulna Bay Newa.
Christmas Seala work the year
round. Buy them now.
Colds that Hang On
Don't let them got 4 strangle bold.
Fight germs quickly. Creomulsion com
bines the 7 best helps known to modem
science. Powerful but harmless. Pleasant
to take. No narcotics. Your druggist will
refund your money if any cough or cold
do matter how long standing it not r
tiered by CreomulaioQ. (adr.)
Pop Corn r, 2 pkgs. 25c
III! a 4 mt
wnue Beans - a id. i ic
Troco 2 pounds 23c
Coffee 1 pound pkg. 1 9c
's Red Coffee 1 1b. 35c
Personal Attention . . . . Prompt Service
Phone 252
A ROGUE RIVER VALLEY GIFT
Send small gift boxes of fruit to your out of town friends
this year. We have extra fancy pears and apples in gift
boxes and the express rates are very low on fruit.
EXTRA FANCY PEARS IN GIFT BOXES
EXTRA FANCY APPLES IN GIFT BOXES
Say "Merry Christmas" with a
Basket of Wholesome Foods
We have baskets decorated with the Christmas colors
and filled with canned goods, cereals, coffee, oranges,
nuts, candy, etc., and priced at only $1.50 each. This is a
gift that will be appreciated this year.
"SPREAD CHRISTMAS CHEER WITH
GIFTS THIS YEAR"
SATURDAY SPECIALS
Home made Date Bars, reg. value 30c, special 25c dozen
Quaker Oats, large pkg.. . .,... 15c
One pound Chase & Sanborn Coffee and a 10c
' package of Royal Gelatin, both for . .....33c
Mrs. Stratton's home made. Plum Pudding, lb. . 38c
Shelled Walnuts, halves, $ lb. ,'. ...,. 33c
Dry Onions, good quality, 10 lbs ,. . . ....... 13c
Heinz Fig and Heinz Mince Home Made
Plum Pudding . Meat Cakes
FRESH FRUITS AND VEGETABLES
i
FIVE. FREE DELIVERIES ON SATURDAY
i ; -
Central Market!
SATURDAY SPECIALS
Beef f Pork a
ptR"'u,.QC 'LblQC
Turkeys eef 1
J Tl fLJs Sirloin Steak I Uf
Choice, fat birdi T-bon Steak
PHONE 81 WE DELIVEB
If You Are Looking for
Real Bargains
Check Caref ully
the ads in
Today's Mail Tribune