TXGE TWO
MTDFOftD MAIL TRIBTJXE, MEDFOUD, OREGON, TUESDAY, JCLT H, 1933.
Wheat Leads Grain Market in Wildest Advance of Recent Weeks
SMALLEST CROP
IN FORTY YEARS
Traders Strain Nerves to
Keep Pace With Deals
Provisions Up 17 to 40
Cents As Market Closes
CHCAGO, July 11. (AP) A furl
oiuly advancing market, the wlldMt
of many In recent weeks, took all
the leading gralm to new high price
racorda today.
What chleny aet tha marketa on
fire waa a government crop roport
ahowlng a wfieat yield under domes
tie requirements by mora than 100
000,000 bushels and the smallest In
40 years, aa well as a com crop small
er than any harvested In 30 years.
Every wheat tuturs went far over
the dollar mark and for the first
tlma rya also passed tha dollar a
bushel Una, soaring more than 10
cents a bushel on top of an 8-cent
tain yesterday.
t waa not a ahoutlng market, with
joyous roar that flrat showed recov
ery from tha bank holiday, but on
of deadly speed, with every nerve of
traders strung to tha highest pitch
for Instantaneous deal.
Rya prices wera especially atlmu.
ltaed b tha fact that the govern
ment forecast pointed to a rye yield
aubstantlally below domestic re
quirement. There also waa inoreaa
lng belief among tradera that use
of rye would be enlarged aa a result
of new taxes on wheat,
. All tha marketa closed flurried, rye
- eenta above yesterday's finish,
wheat 3U-4H up, oorn 354-3 ad
vanced, oata at H-lVi gain, and pro
visions ahowlng a rlsa of 17 to 40
oenta.
LAETARE MEDAL AWARDED TO JOHN M'CORMACK
v ... .
Mfk
ti
jLftaaji,
Tha University of Notre Dame thla year awarded tha Laetara medal to John McCormaek, the singer.
Left to right: McCormaek, wearing tha medal, preaented each year to -an outatandlng Catholic layman;
tha Rav. Charlea L. O'Donnell, C, 8. C prealdent of Notr Dama, and former Governor Alfred E. Smith
af New York, a former recipient of tha award. (Aaaoclated Preaa Photo!
ILL ADVANCE CENT
' PORTLAND, July 11 --(AP) There
will bt an advane of egg prices hare,
ffeotlve Wednesday morning when
all prlcea will he moved up lc dozen
according to announcement ot Mana
ger Reed ot the Pacific co-ops. Ex
tra will then be Hated at 'iOc and
medluma and standards 10c dozen
with over Ice 33c.
Livestock .
PORTLAND, Ore., July 11. (API
Hogs: 103; steady.
CATTLE: 70, calvea 0; about steady.
SHEEP: 80; steady.
Portland Produce
PORTLAND, July 11. (AP) But
ter: prints, extras, 30c; etandarda.
3ac.
BUTTERFAT Portland delivery: A
grade, 3435o lb.; farmers' door de
livery, 3333c lb.; aweet oream, 6c
higher.
BOOS Pacific Poultry Producera'
aelltng price: oversize, 31c; extras,
lBc; mixed colors, 16cJ mediums, 18c
doren.
CHEESE 93 score Oregon triplets,
15'4c; loaf, 13iio lb. Brokers will
pay Ho below quotations.
LIVE POULTRY Portland delivery:
buying prlcea. Heavy hena, colored,
414 6'., lbs., 10c; do IK lbs., up.
10c; hena over SV4 lbs., Re; under
8Vi lbs.. So up: broilers. 1H lb, up,
10c; colored springs, 3 lbs., up, 13c;
roosters. So lb.; ducks, peklns. broil
era, 13-13j lb.; old ducks, peklna,
100 lb.; do colored, lOo lb.
POTATOES Local. S2 883.40;
Deschutes gems, 13.33 cental; do bak
ers, 33.73; Yakima gema 33.30.
HOPS Nominal, 1933, S7o lb.
Milk, country meats, mohair, caa-
cara bark, onions, strawberries, wool,
hay, quotations unchanged.
Portland Wheat
Wall St. Report
Stock Bale Averages
(Copyright, 1033, standard Statistics
Co.)
July 11:
go
Indl's
Today .... 07.3
Prev. day .... 08 8
Week ago ... 00.6
Year ago .... 30.0
3 Yrs. ago ....168 8
IT'S BEEN DONE BEFORE, BUT-
Rr's Ufa Total T'M 11 Vl
66.4 108.8 83.0 4 . j jSXSl!V&"
86.8 113.3 84.3 ?:,, i " W, ' - -r- J f W
64.0 110.0 93.3 t I afTV LT'i.,
133.1 310.8 163.3 f." 4".f '. f f'MfXttkmmtflt
(CopyrlghTl33?'sundard'statlstlcs ttlTTT rw jF
MTlU 30 3, 30 .0 ESKKi
Indl'a Rr'a Ufa Total . . " mJ", .immmirJ, hmmd
Today . 78.1 x-83 3 80.8 81.8 -t . - ( " Y 't ' fti i m -"
Prer. day 75.1 83.1 80.8 81 4,-' ," V- -eW, a, V J
Week ugo 74 3 79.7 88.8 78.8 - , . ,., " ' W ,.,1 ,
Year ago . 84.0 83.9 73.7 00.3 - . - . t- V.f jrtS
3 Yra. ago .... 93.3 107.5 100 J 100.8 r - . , 1 . V V7 Xji-
x New 1933 high. , . y . a ' . II1 b
NEW YORK. July 11 (AP) Stlm
ultalon from tha alcoholic group
steadied the stock market today,
but pivotal issues, aa a whole, were
unable to work up any great amount
of enthusiasm. Soaring gralna and
dollar gyrations also apparently ex
erted little Influence. The close waa
Irregular. Approximately 5,000 000
aharea changed hands.
Today's dosing prlcea for 33 ae
lected stocks follow:
Ah Chem. os Dye ., 138'&
Am. Can
Am. As Fgn. Power .
A. T. ti T
Anaoonda
Atch. T. t 8. F . ,
Bendlx Aviation ..........
Beth. Steel
California Packing
Caterpillar Tract.
Chrysler ............
Coml. Solv
Curtloa whlght
DuPont ....w...
Oen, Poods
Gn Motors ...
nt Harveat.
I. T. It iT
Johns-Man. .
Mont. Ward
North Amer.
Penney (J. 0.) ...
PhlllliM Pot. ,...
Radio ........,...
Sou. Poo. ....................
83 1
17'i
130
10'i
74
184
4674
30 1 j
37 Vi
8314
8ti
Vt
79
87 ',4
33 '4
43'4
19
64
37
34 1;
4"4
18'H
11
3414
CHEESE ADVANCES
AS PRODUCTION IS
10
PORTLAND. July 11. (AP) The
advance of 4o In the price on cheese
during the late session of the pro
duce exchange, reflected two condl
Hons quite distinctly, tha passing of
the fluah production period and the
Increasing demand for auppllea,
Oregon triplets were boosted to
!34o lb. on the exchange during the
aesslon with the customary premium
of lo for loaf.
Late reporta suggested not only a
decreasing output of cheese through
thla territory but a similar condition
at other points throughout the coun
try. Market for butter ahowed a firm
tone In the open trade and late quo
tatlona on the produce exchange
have been maintained generally.
Make continued to decrease but waa
holding up better than seasonably
normal.
Very weak tons was continued In
tha market for Uva chlcksna and
especially light and heavy hena
which wera again lower In spots.
Outward movement waa much re
stricted. Young dueka were alow
sale.
There waa a shortage of turkey In
tha local trade with continued good
demand. Thla appllea to both old
and new crop. Prlcea ware firm to
higher.
Very good demand for country
killed meats waa ahowlng hare with
prices held ateady to firm In all de
partmente. Tops In veal, hogs and
lambs were being held at extreme
flgurea generally.
'Further advance In tha price of
old potatoes to a new high point for
the aeason waa reached In the Job
bing trade at 42.50 for Yakima and
1.08 nominally for Deschutes. This
waa higher than new stock waa
quoted.
Announcement of another dime
advance in the price of all gradea of
refined augar wsa made. Tha new
selling price here on best cane gran
ulated was 36 with beet 34.76.
Vl.lts Grants Pass Mrs. A. O.
Pierce of this city stopped In Grants
Pasa last evening to visit friends be
fore continuing to Medford. She has
been spending aeveral daya In Port
land on a pleasure trip.
With Prlmo Camera, tha vast Venetian, as tha new heavyweight
champion, appearing on tha earns Atlantlo City, N. J., vaudeville bill
vith Jo-Jo, boxing kangaroo, they Juat had to get photographed together.
(Aaaoclated Press Photo
Std. Branda w
St. Oil Oil. .
St. Oil N. J. ....
Trans. Amer.
Union Carb
United Aircraft
U. S. Steel
37H
39
39)4
43
3Ti
63 H
Oregon Celery la
Wanted In Chicago
PORTLAND, July 11. (AP) Re
ports that Chicago la taking carload
offerlnga of Oresion celery and la ask
ing for more, were confirmed In the
trade here today. It wna 8Ald to be
the first time In history that the
Illinois metropolis haa entered the
Oregon market at this period of the
year.
TO
City Traffic Officer Tom Robinson
waa today tagging care In the busi
ness district which had been parked
over one hour, and Chief of Police
McCredle announced that a vlgoroua
campaign to enforce the ordlnauce
allowing only one hour parking In
the buslnesa district has started.
Due to the Increased travel and the
more congested buslnesa district, cara
will be marked regularly.
PORTLAND, Ore, July 11. (AP)
"Wheat futures:
Open High tow Close
.79 .83 .79 .83.
.83 .88 .83 .86
M .85H .89
July
Sept.
Deo. .80 H
Cash wheat:
No. 1 Big Bend blueatem ,
Dark bard winter (13 pot.),
Dark hard winter (11 pet.),
Soft white
War tern whit ,
Hard winter
Northern aprlng .. ,
Western red
Oata No. 3 white. 138.80,
Corn No. E. yellow, 338.75.
Mlllrun standard, 819.60.
Today'a car receipts: Wheat 161,
flour 6, oata 1.
Chicago Wheat
CHICAGO, July 11. (AP) Wheat
futures:
Open High Low Cloaa
July 1.03V4 1.04 1.03 1 04'4
Sept. 1.05 1.08 1 04 1.074-t4
Dec. ...I.07'4 1.1014 1.O04 1.094
May MP, I 14 1.11 1.I3H
San rranilaro Ilutttrfat
SAN FRANCISCO, Willy 11. (AP)
Butterfat 34 prem. grade S5!ie.
Mrs. flarflrld Leaves Mrs. M. M.
Hermsn's mother, Mrs. p. F. CIS, field
of Pendleton, who has been vlsltlni
her In Medford (or the past week,
left on Xodajr'a Abuts fox bat boms.
SOUTHERN OREGON'S OWN STORE SINCE 1891
An Exceptionally Smart Walnut
BEDROOM SUITE
Bed, Chiffonier and Dressing Table (With Vanity.
$24.95). An exceptionally serviceable walnut veneer
suite that it a real bargain at thu low price . . .
$19.95
BENCH $1.95
$5.00 DOWN
$5.00 A MONTH
County, City and 8chool
Warrants Will Be Accept
ed on the Purchase of
Furniture.
39 Suites
To Choose
From. Priced
To $99.00
BUILT ON SERVICE NO EXTRA DELIVERY CHARGE
REPORT OF
First National Company
IN MEDFORD. OREGON
Rhlch. under the terms or the Banking Act of 1933. Is an affiliate of The
First National Bank of Medford. Oregon. Charter No. 7101, Federal Reserve
District No. 13.
This report Is made In compliance with the requirements of the bank
ing Act of 1933.
Balance Sheet of Affiliate as ot June 30th, 1033.
ASSETS
Notea, Contracts and Mortgages..... -........-...'.-....-...--..........a 1,379.01
Real Estate 10,878.45
Assets of undetermined value carried on booka at 1.00
Cash in affiliate bank .. 140.91
Stock In affllate bank owned ................ n 602.04
Stock of other banks owned ' None
LIABILITIES
Capital Stock
Notes Payable to affiliate bank .
Profit and Loss
Reserve for Depreciation on Real Estate .
812,801.41
...... 3.000.00
1.650.00
.. 7,741.41
1.410.00
$13,601.41
Tha following statement ahows the character of business of the above
named affiliate and discloses fully Its relations with the above-named bank:
I, B. E. Harder, President, of the First National Company do aolemnly
awear that the above atatement la true, to the best of my knowledge and
bellof. B. B. HARDER.
Sworn to and subscribed before me this 11th day of July, 1933.
ROBERT C. HART, Notary Publlo.
My Commission Expires May 39, 1937.
LEAPS TO DEATH
CHICAGO. July U, (AP) Drawing
himself up to a courtroom window
from bla wheel chair, William Henry,
30, an ex-oonvlct charged with lar
ceny, Jumped four atorlea to death
from the criminal court room of Chief
Justice John Prystalskt today. He
had been Injured when the car he
stole crsshed during; pursuit.
Judge Prystalskt had sentenced mm
to Pontlac reformatory tn 1932. and
today be waa to face the Jurist for
another automobile theft.
Several women In the rear of the
crowded courtroom aaw Henry pull
himself up with great effort. They
screamed and court attaches rushed
to the window just aa Henry slid
across the sill and dropped to the
concrete pavement below.
FIRST APPLES SEEN
IN PORTLAND MART
PORTLAND. Ore., July 11 (API
First home grown apples of the new
crop were offered on the East Side
Farmers' market today. Two grower
brought In auppllea.
Sales ot Binge and Lambert war
made 34 to 4c lb.
rirst Toungberrlea of tha aeaaon
were brought In and held at II J
crate.
Strawberrlea climbed to 83 erata
but the bulk of the stock sold $1.38.
Loganberries were 75-85c erata
with raspberries $1-1.35 but mostly
$1.10-1.25 while blackcap were 90
$1.10 crate.
Curranta eold at $1 a crate gen
erally. . -
To Remodel Residence A building
permit waa issued by the olty to M.
8. Helper for remodeling his resi
dence at 327 Cottage street, at an
approximate cost of $40.
Charter No. 7701.
Reserve District No, 13
REPORT OF CONDITION OF THE
First National Bank
Of Medford, In the State ot Oregon, at the close ot Business on June 30, 193S
ASSETS
1. Loans and discounts . t
2. Overdrafta
United States Government securities owned...
Other bonds, stocks, and securities owned
Banking houae. $76,250.00: Furniture and fixtures, $13,760.00
Reserve with Federal Reserve Bank.. ..-
Cash and due from banks -
Outside checks and other cash Items .
Redemption fund with U. S. Treasurer and due from V. S.
Treasurer ....................... ............-
651,950.01
804.48
537.450.00
409.345.98
89.000.00
102,947.56
466.339.96
1,976.80
5,000.00
Total
II tnil.ITIFS
Circulating notea outstanding ............................
Demand depoalta ...... .....
Time deposit
Due to banks. Including certified and cashiers' checks out
standing , ..
Common stock: 1000 shares, par $100.00 per
share . , $100,000.00
Surplus . 75,000.00
Undivided proflta net . . , 37,914.48
,..$3,154,434.80
,..$ 99.997.60
,. 1.183.173.78
627,001.87
43,228.19
302,944.4
...$2,164,434.80
Total, Including Capital Account ....
Stat of Oregon. County of Jackson, ss:.
I, Oris Crawford, Cashier of the above-named bank, do solemnly swear
that the abovo atatement la true to the best of my knowledge and belief,
' . ORIS CRAWFORD, Caahler.
Subscribed and aworn to before me thla 10th day of July, 1933.
ROBERT C. HART, Notary Public. . .
My Commission Expires May 23, 1937.
Correct Attest: B. E. Harder, Eugene Thorndlke, H. S. Deuel, Dfrectora.
s "
: If IPl ' ' if
I "?r I J? , vlVViss
n 1 1 ftifft 'hi v - it'wiaaiiia.tM t ansMiftf intf al atrlrinfo-aAiiai
"fe
. n Ki
a as j
With me... my cigarette is
a personal, intimate tying
1 X
T suppose, men would call my reason
for liking Luckies just a feminine
whim. Maybe it is, but it's a whim
that love to indulge ... for I am
always conscious of the intimate
relationship between my cigarette
and my lips. And if there's anything
I'm sensitive about, it's that feeling
of feminine daintiness. Certainly,
Luckies Please! I can well under
stand why men praise Luckies fine
tobacco character and mellow-mildness
but as for mi I value particu
larly the assurance of purity which
"Toasting"brings for, with ... my
cigarette is a personal, intimate thing.
because M toatted"