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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (April 26, 1933)
o PSQE EIGHT MEDFORD MAIL TRIBUNE, BEDFORD, OREGON, WEDNESDAY, 3PRDL 26, 1933 HIGH GRADE BONOS TENSION ON BANKS!! They LocBeauty Spots of State- AND "HOT MONEY" Gilt Edge Securities Decline As Stocks And Specula tive Mortgages Advance On Inflation Program By Victor Eubank Associated Press Financial Writer) NEW YORK. April 3, (AP) "Hot money" and high grade bond, en emits In snj country and any clime, have been contesting In Wall Street the past week. With Inflationary hysteria gripping the financial district, "gilt edge" cor poration maturities have declined as stock and speculative mortgages a ranced. Follow Commodities The theory back of this I that. If drastic inflation appears and the dollar la depreciated, fixed Incomes will drop In proportion. Common shores and low-priced bonds, on the other hand, are supposed to follow booming commodities and rising prices generally. Notwithstanding the fact that var Jous Investment authorities envisage possible reduction of the gold con tent of the dollar, by no means all of them agree that the better claas bonds should be unloaded, and Mon- day the Issues recovered rather sharply, ' Moody' survey of the situation reasons: A Two Tears Ago "It the dollar 1. in the end. re established on a gold basis 10 to 30 per cent lea than recently (If 10 to 30 per oent lesa gold la used a the basis for the dollar) and If prices rise by s corresponding amount, then bondholders will be no worse on than they were two years ago. Their purchasing power will be Just a great as It was then. If must not be overlooked that In early 1031, prices of good bonds were substan tially higher than they are today or than a week ago, when we were on the gold standard. "The decline In high grade bonds last week is readily explainable by the faot that we had, In the stock and commodity markets, a wild speculative movement and it must have been true In hundreds of cases that high grade bonda were sold In order to ralae cash for stock or commodity purchases. This, and selling of bonds by those who were frightened by 'inflation talk, would easily account for the drop In gilt edge prices during the paat week." See No Wild Inflation The whole question of high grade bonda, banking interest advise. ' 1 whether the country Is In for ser ious depreciation of currency,( or not. Leading financiers In Wall Street, for the moat part, do not believe that any wild Inflation will be attempted under any circumstances. If this be true, they argue, then the recent retreat of the "gilt edge" forces was only temporary. Deadly Germs of Barn, Hen House Yield To Firekil Southern - Oregon dairymen and pouHry and rabbit raisers will wel come the announcement made this weak by A. P. West, manager of thla district for the Standard Oil, that Calol "Firekil" gas la now available here. This remarkable new method of disinfecting poultry and rabbit houses, aalry buildings and barns, la claimed to be far more elective than ordinary disinfectant, combining very moderate cost with absolute safety and a material aavlng of time and effort. . "Firekil gas, applied with a simple torch equipment, aotually burna up the germs," Mr. West said today. "It atop "Coxy' (Ooocldlosls), the worst poultry disease, that cannot be ef fectively curbed with ordinary disin fectants; 17 degree of heat, for at at least three second, will kill Coxy and Calol Firekil provides from 3000 to SCOO degree, assuring absolute de struction of these deadly germ." Mr. West also pointed out the sim ple method of applying Firekil, whloh is pure fuel gas. It Is available In convenient alee steel cylinders, mounted on portable trucks. The torch requires no pre-heatlng and Is lighted like a gas stove. In addition to destroying germs, this remarkable system of disinfecting dries out pou: try snd dairy houses In wet weather. LAKE PICTURE WILL Request hu come to th Crater Lake National Park Servlc from the American Art Work of Coshocton. Ohio, for an attractive view of Cra ter Lake to be need In a pamphlet to b entitled "America, tfie Beautiful." Crater Lake has been chosen as Oregon' most beautiful contribution to national scenery and a large photograph-of the lake, allowing Wlenrd Ul&nd and phantom ehlp, will be aent to the Ohio organization. LAST YEAR'S FIGURES Tax collections at the sheriff's of fice are now running about the same as last year 4S000 to $7000 per day according to the sheriff office. The flnsl date for half-year payment Is May a. a week from next Friday. The payments are about evenly divided between receipt In person and by Jll-M. - I':! ft t'-- r",-i'lr t"v yet made their liaif-ycai pa, menu. None seldom do until the final day, COUPLE TIGHT L Former Editor Spends Rest less Night After Confab With Counsel Two-Ply Defense Now Rumored. Tension of waiting for their trial at Eugene Monday, on a flrat degree murder oharge, for the slaying March 10 last of Constable George J. Pres- cott, haa started to tell upon both L. A. Banks, agitator and former edl tor and orchardiat and bis wife, Edith Robertlne Banks. Banks spent a sleepless night last night, according to Jail attendant. Yesterday he had a three-hour con ference In hla ceil with hla counsel snd devoted all his waking momenta to studying his own defense plans. Mrs. Banks, according to her keep- era, haa started to lose the cheerful confidence of the early days of her Incarceration, despite the purchase of two new hat, lor wear during the trial. Draw Venire Saturday Circuit Judge George F. Sklpvorth, who will hear the trial at Eugene, has ordered the drawing of a special Lane county Jury venire, to report Aionciay zor tne trial, The drawing will probably take place Saturday morning, in the prea- ence of counsel for both sides, and under the direction of the court. The preaent Jury list was excused yester day from further service, according to reports irom Eugene. Selection of a Jury to decide the fate of the accused pair, -is not ex pected to require over a day and a naix. . No Inkling has been forthcoming as to tne nature oi tne derense, but it la hinted It will be a "two-ply," based upon self-defense and Insanity, and that three witnesses will be In troduced to allege that the slain offi cer made threat against the slayer. The state haa witnesses to refute this claim. Must Be Really Insane In an Insanity defense, under the Oregon law, the burden of the proof rests with the defense, and It must be beyond a reasonable doubt. To be legally Insane, In thla state, a defen dant must be unable to distinguish uctweea rignt ana wrong. ins stste win contend that Bank wa rational before and after the killing, that he dictated Intelligible letters, and transacted business un to a few minutes before the murder. Ills statement, when arrested, claiming Justification, with the atatement. that "I (hot him the same as I would any other burglar, and would do It again." The state will also contend that "exaggerated ego," 'morbid nro- pensltles," "delusions of grandeur," ana 'tendencies to utter homicidal threats and bo:as,u do not comDrlse Insanity, under the legal doscrlntlon of the term. Law Uacks Prescott Documentary evidence of the state will Include photographs and mapa of the murder house, letters written by Banks, and the Indictment for ballot theft, and the blood-soaked warrant Constable Prescott held for service when murdered. The state will also hold that Constable Prescott as a duly elected, qualified, and act ing officer of the law, and posaessed of a legal process was within hla right and duties, whatever may have been the attitude of Banks towards Its service. Mrs, Banks appears a an accessory to the murder, and the law makes no distinction from the actual alayer, f Meteorological Report April 26, 1033. Forecast. Medford and vicinity:- Fair tonight and Thursday: warmer Thursday. Oregon: Fair tonight and Thurs day; warmer in Interior Thursday. - Loral Data. Ixweat temperature this morning. 43 degrees. Temperature a year ago today: Highest, 48: lowest, 40. Total precipitation alnce Septem ber 1, 1632, 13.37 Inches. Relative humidity at 5 a. m. yes terday, 80; s a. m. today. 80. Sunset today, 7:04 p. m. Sunrise tomorrow, 5:13 a. m. Sunset tomorrow, 7:05 p. m. OruemiHon Taken at 5 a. m., 120 Meridian Time. - ft Boston ,,, i Cheyenne wnwH Chicago Eureka Helena ... Los Angeles . M3DFORD . 70 . 43 . 60 . 70 , 0 . 53 Cloudy Cloud P. Cdy. Clear P. Cdy. Rain Cloudy Cloudy Cloudv Cloudy Clear P. Cdy. Cloudv P. Cdy. Cloudy Cloudy Clear Cloud Clear New Orleans...... 8 New York 63 Omaha 09 Phoenix 78 Portland . 88 Reno 80 Rose-burg 88 Salt Lake 88 San Francisco . 84 Spokane 68 Wa .a Walla 88 Washington. DC. 70 MATRON'S SILK DRESSES In goon styles and color. Sin 38 to 80. Very specie) at 83DS & ,4 05. The Band! Box Ai Shoe Box. j We Devolop FREE FILMS floral i , , tua-tw I1 I 1 -"iinu-rtiiror. simwV ,fl n,iw' Ud Exploring car of the Oregon ptate Motor association and Oregon lan, which will be used In logging beauty spots and tourist attraction! of Oregon and Washington In the tourist expansion program recently Inaugurated. Inset, upper right, Edward M. Miller, Oregonlan staff writer;-lower left, Ray Conway, public relations agent of Oregon State Motor association. PT. GRANGE ENJOYS PROGRAM EAGLE PT. CENTRAL POINT, April 28. (flpl) Grange opened Friday night with a brief but complete business ses sion, following which Eagle Point Orange, under direction of Mrs. Da- vies, gave a fine program, the out standing feature being several musi cal numbers by the "Slnkopatera band," Including songs and melo dies composed by Stephen O. Fos ter, a history of whose achievements was previously given by Mrs. Harry Ward. A play, "Back Fence Neighbors," was greatly enjoyed, also a solo by Miss Tingles f. At the close of the program brief speeches . were made by Worthy Master W. E. Davles and Harry Ward, both of Eagle Point Orange, Henry Conger of 'Jackson ville and other visitor of whom there were forty-four from - Eagle Point and two from Jacksonville. Eight applications for membership In Central Point Orange were read by the secretary, to be voted on at next regular meeting, May flth. Refreshments were served after the Orand March, by the H. E. O. committee. There will be a dance at the Orange hall Saturday night, April 20. A minimum charge will be made. Unemployed Meet Thursday Evening Regular meeting of Medford Asso ciation of the Unemployed will be held at the courthouse auditorium, starting at 7:30. Thursday evening. According to the announcement ot the meeting, there are several im portant projects under way for the betterment of the unemployed, and good attendance la desired for fur ther dlsousslon and planning In re gard to these matters. Largest Showing BEAUTIFUL MOHAIR Davenport Sets You'll be delighted with sets which are priced everyone . , . Eight here for your selection $49.50 $59.50 $69.50 up to $100 PAY Genuine Homespun tapestry davenport sets especially well made and the astonishingly low prices are as low as . , . eaJr - m d V ..... wtvis . .- u -5 II ri -a-is" fjt Pomona Grange , (By Gertrude Haak. The Pomona Orange, meeting at Wlmer In it regular all-day session, had a very pleasant and Interesting day with Enterprise Orange as host. There was a good attendance consid ering the time of the year and the long distance to be traveled. Fie porta from the many subordinate Oranges In the county show that they are holding their own In spite of the hard times, with much Inter esting work being accomplished by them. Many report active committee work, agricultural and home eco nomics committees and Juvenile Orange work -hold the center of at tention. . ' Tne Pomona home economics com mittee, headed by Mrs. Victor Bur sell, sponsored a resolution which was aent to all Oranges, which agreed to buy only home grown and home processed products when procurable In our markets. These resolutions received a heavy signature. A Wholesale farm produce market la being worked out by the agricul tural committee, which It la believed will care for the sale of a lot of local produce. The committee on education touch ed on several phases of the new school measures. Tne oleo bill on Which the people of Oregon will vote next July, and whloh carries a four per cent tax on oleo, wa endorsed by the Pomona. The Chamber of Commerce was commended for Its action in regard to the new meat and milk ordin ance. - The by-laws were amended to change the regular meetings from four all-day quarterly meetings to four all-day quarterly meetings and four evening meetings, the evening meetings to come half-way between the all-day meetings. It Is believed that this will increase, attendance and the membership of the Pomona Orange, as many cannot attend the all-day meetings. A most bountiful dinner was serv ed by the Enterprise Orange ladles, of Davenport Sets in these smart Mohair Mohair : $4.g within the means Attractive pattern! ... AS YOU 'fl i in I- il NEXT FRIDAY EVENING Members, of the Jacksonville Orange will celebrate the fifth anniversary of the Orange with a birthday party Friday evening, April 28th, beginning with a dinner at 7:00 o'clock. Ex tensive plans are being made by the various committees such an occas ion warranting a large attendance of Orange members. Visiting Grangers are welcome to the party which will begin about 0:00 o'clock. A full evening of fun and pleasure Is being anticipated. On account of limited accommoda tions the banquet will be for local Orange members only. A program of birthday toasts and fun making Is being arranged which will be given at the table. Mem bers are reminded that birthday gifts to the Orange are optional. If one oares to give It will be appreci ated; those that cannot will be Just as welcome. The birthday cake will be' baked by Mrs. Anna Hartley. to which, needless to say, all did Jus tice The lecture hour was particularly Interesting, and Included several as sembly songs led by Frank Hansen a human Interest play by Eagle Point Grangers, a humorous farce by Phoe nix Grangers, piano solo by Mr. Dot othy Loffer, vocal solos by Frank Hantren, readings by Daisy Ferrell and a vtoltn solo by Hiram Moore. An evening session of the Pomonh was held Saturday evening at the Central Point Orange hall to exem plify the degree of Pomona which wa? conferred on a large class of candi dates. Dancing was enjoyed after ward. Inquire about our new 5 percent and 10 percent CASH discount on all purchases. . Ethel wyn B,. Hoffmann . Southern Oregon USE! Watch For The Big Day May 6 II I nil $325o Clarion Call of Rare Toad Delights Savants NEW HAVEN, Oonn., April 2S. (AP) When the hermit Spareloot. the elusive toad with eyea like gold and a call like the wall of a spoiled child, suddenly appeared In Anaonla, It was a source ot woe to everyone In the neighborhood. "Why, the noise was like the blast of a steam whistle, said one sleep less lAnsonlan. "It was a deafening, agonizing roar, hoarse and woeful," asserted another. But for Yale scientist the visita tion was a cause for celebration. "The plain fact," aald Dr. Stanley C Bali, curator of zoology at Peabody mu seum, "Is that here la a toad I .have been aeeklng for 25 years and I never saw one before. ' "Where It will turn up next Is a mystery. The first ones were seen HIGH DRAMATIC CLUB TO GIVE 10 PLAYS ft . By John Snider Many high school students ars anxiously awaiting the dramatic club presentation of -two one act plays. "Rosalie," by Max Maurle, and "Mrs. Oakley's Telephone," by Eulora M. Jennings, at a special benefit as sembly for the band -debate fund; April 27 at one o'clock. The plot of "Mrs. Oakley's Tele phone" concerns complications that arise from telephone conversations, while "Rosalie1 Is a one act farce which presents the same old story of a French bourgolse family at tempting to live beyond their means in order to create an Impression for a guest. The cast of Mrs. Oakley's Telephone Is composed of Suzette Btennett. who plays the role of Mary the cook; Mildred Drury. Emma the maid; Barbara Wall, Mrs. Oakley; and Helen McAllister, Constance. Cast of 'Rosalle,, Is made up of Dick Sleeter, who plays Monsieur Bob; Doris Patton, Mesdame Bol; and Evelyn Herman, the maid. A slight charge will be made. Oregon Weather. Pair tonight and Thursday: warm er Interior Thursday; moderate north and northwest winds offshore. 4 MONMOUTH, April 28. (TV-Ma festivities at the Oregon Normal school here will be ruled by Ml Vlrg'nia Lei ten of Dallas, who was elected queen. such a mum The Biggest $ Day in Years at Mann's. Watch for $ Day Ad in This Paper For Wiring or Repairing MEDFORD ELECTRIC R. M. Bl'SH. Owner Basement, Medford Bltlg. III! rwn Call 90 In the south. They ha been seen and heard In all the Atlantic statea from Massachusetts to Flori da. In the Oulf ststes, and North Arkansas." Ansonlans were first roused by the clamor In Hotchklaa pond a fortnight ago. For a week they endured It. Finally, In desperation, they called In the scientist. The elusive creatures vanished aft- th KHoni.tx1 vi.lt. but not before several had been captured and some of their eggs discovered. "This episode la particularly Inter esting." Dr. Hall said "because the spadefoot appeared in great numbers in a city where he had never ap peared before. How he got there, and where he disappeared to remains a mystery." EXPERT ON X-RAY Actlvlans at their regular meeting at the Hotel Medford Tuesday night were entertained, by Dr. E. W. Shock ley who gave an Illustrated lecture on the science of X-ray treatment. Dr. Shockley discussed various cases snd the treatment required. At last night's meeting members discussed the possibility of securing the Active international convention for 1934, and plans were made to present the motion at the interna tional convention this summer. President McAllister appointed John Neidermeyer to represent the Active club on the welfare commit tee. Harold Larsen announced that there will be a club dance soon, a definite date to be decided on In a few days. .4 Phone 642. well nam away your refuse. City Sanitary Service. Cast Aluminum Special THIS WEEK ALUMINUM SKILLET 10 inch, heavy cast. . . ..... . DUTCH OVEN ' ... Cast aluminum CORN CAKE PAN Cast aluminum . .-. ....... SKILLET , Bacon and Egg Skillet ... . TRIPLICATE SET 2 qt. size -.- HOT CAKE GRIDDLE 10 inch cast aluminum . HuhMB E. Main 'and Riverside. Since 1884 ii . -if r; taHii Faster than any other sleeper service Linking- Medford with California by a through, fast, de luxe sleeper service, Greyhound's luxuriously appointed New NltcCoaches pro vide comfortable accommodations at astonish ingly low cost. Only one night Is spent en route and no changing of cars Is necessary. Each NlteCoach contains five roomy compart ments, each with one large double berth and three commodious single berts. Each compart ment contains a washbasin, mirror, portable table, and radio. These NlteCoachea have two lavatories and a special women's lounge. The berths, made up from the daytime lounges, run across the car n continental style. These NlteCoaches provide a new conception of low-coat night travel. Try them on your next trip. BERTH , Slnrlr Ilnul.le Pan Franrl.co SI.AO $.oo Los Angela. 2.00 2.5(1 I.t. Medford 11 :19 p.m. Ar. San KmncUrn . l :?o p.m. Lt. Meilfnnl , , p Ar. Lo.. Angeles n:j0 p.m. DFTOT Hotel Jackon . Thone 309 W. M. Clemrnson Agent ROBERT LA FOLLETTES GREET 7 POUND SON WASHINGTON. April 2S. (AP) A son was born to Mrs. Robert La Follette, wife of the aenator from Wisconsin. The weight was seven pounds, fourteen ounces; and moth er and child were reported at Oar field hospital to be. doing well. TONITE Oriental Gardens -inm liriilVli-t!p '"sBOTii 25 m. You (ova In wins; It. Use only half a rmrch as Is require! of some) others. - Double Action f 79c .,$1.29 49c . ... .59c . .$4.79 . . . ..49c ros.lnc. Tew Through NITECOACH , SLEEPER SERVICE TO SOUTHERN CALIFORNIA Begins MAY 1 ROSESUftGC P$SC DBUFf WCOrXANOC L041W61LIS fryvr--t- Mop Shewing NiltCoech Ssrvua owisjct. OiiSVS
