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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (May 18, 1934)
BEDFORD MSIE TRTBTTXE. MEDFORD. OREGON-, FKTDY, MAY 18, 1931. Leading Swatter Values for Saturday - Monday May 19 and 21 CUT TO 5 PER CT. PfVl t J. Deuel, eecretury-trtuurer of the Medford Production Credit asso ciation has Just received word from Governor W. I. Myere of the Farm Credit administration In Washington, D. c., that the Interest rate on new loam from production credit asso ciations has been reduced from 514 to 6 per eeu'- According to Mr. Deuel the new 6 tier cent Interest rate becomes effec tive Immediately on all new loans snd advances maae oy me associa tion and will be applicable until fur tner notice. "The new Interest rate of 5 per cent will not affect loans already advanced In full." Mr. Deuel said. "These will continue to bear the rate of Interest prevailing at the time the loan was closed. The Interest charges on loans from the associa tion sre collected when the loans ma ture. The Medford Production Credit association Is now making loans on acceptable crop and chattel security to farmers In Jackson, Josephine, Douglas, Coos and Curry counties. ' "The reduction of the Interest to t per cent on new loans.'.' Mr. Deuel continued, "Is made possible by s recent sale of Federal Intermediate credit bank debentures to Investors at an unusually low rate of Interest. The association gets money to lend fsrmers from the Federal Interme diate credit bank of Spokane. "Tho lowering of the interest rate on new loans to 6 per cent is the second reduction In two mouths, the rate having been reduced from 6 to t;4 per cent on March 16. "According to Governor Myers," ald Mr. Deuel, the Federal inter mediate credit bank is passing on Immediately to farmer-borrowers from production credit associations the saving made possible by lower cost of getting money. The confi dence of Investors in the security of the Intermediate credit banks has been such that the banks are able to get money to lend at the lowest dis count rate in their history. Governor Myers says that the resulting low rate of Interest on production credit association loans is enabling farmer borrowers to save thousands of dol lars on the cost of their farming operations this year. If the associa tions make sound loans, and loans that are collectible, an adequate supply of low cost money will con tinue to be available." Helen Kofmann became Utah's wo men's golf driving champion when she averaged 218 yards a shot on the Forest Dale golf course at Salt Lake City. James Abbott, Southern Callfornls sprinter, intends to be a commercial artist after he la graauatea. Frank DeMaree, Los Angeles out fielder, was leading the way In bat ting averages and home runs In the first several weeks of the Paelfle Coast League baseball season. (As loclattd Preta PhM Company 1634, CCC. located at camp Wineglass In Crater Lake Na tlonal park, Is this week establlshlnc a spike camp near Oregon Caves. First Lieutenant Charles H. Jeffers and 15 enrolled members of the company nae oeen ordered to proceed there, according to district headquarters. The spike camp will be known as the Detchment company 1634 CCC, Oregon caves Spike camp, and will normally consist of one officer and fifty men. The camp la to be located at the mouth of Greyback and Sucker creeks on the Grants Pass-Ores:on Caves highway six miles from the Oregon Caves. OREGON RELIEF SALEM, May 18. (JP) Growers of melons and tomatoea will meet here Monday with Max Ohlhar, etate di rector of agriculture, for a hearing In connection with a proposed mar keting agreement and code affecting ' handlers of melons and tomatoes In t Oregon and Washington. ' ThA nmtviiH trrimAnf. nvir mln.. ' lmum price on cantaloupes, ranging from 65 cents to 11.00 per crate and 940 per ton bulk; casaba and honey, dew melons at $1 per crate and $30 & ton, and tomatoes from 40 to 75 cents a crate, with a ton lot price o.r 15. Prices on crates would vary ac cording to size. The code also provides that a stamp must bo attached to all crates of mel ons or tomatoes varying from 12 Vi to 25 cents on cantaloupes, casabas or watermelons, and from IVz to 12'i cents on tomatoes, or from 3 per ton for tomatoes to $10 for canta loupes In bulk. Any surplus from stamp receipts after operating expenses have been paid will be returned to growers who have not violated any provisions of the code, as proposed. GOOD BEER Just the right "authority" the right taste to make it exhilarating, satisfying! "Blitz WEINHARD "Beer WASHINGTON. May 18 (API Emergency relief grants made today included: Oregon $547,809 for May Includ ing $500,000 for general unemploy ment relief, the work program and rural rehabilitation: $33,282 for tran sient relief; $4,127 for the re-employment service, and $10,400 for stu dent aid. California $3,726,306 for May In cluding $3,350,000 for unemployment relief, the work program and rural rehabilitation; $260,000 for transient relief, $40,646 for the re-employment service, end $75,750 for student aid. yit Better Dealers everywhere SIS' Inlere's Health Insurance for the Whole Family! Many doctors will tell you'that a mighty good way to protect the health of your family is to give them Shredded Wheat, milk, and fruit at least one meal every day. Shredded Wheat is so nourishing that one single Shredded Wheat Biscuit con tains as much nourishment as a whole bowl of home-cooked cereal. These hot days, it's important to re member that Shredded Wheat is easily digested. It doesn't slow you up. Shredded Wheat is whole wheat one of Nature's best foods nothing added, nothing taken away. It contains the car bohydrates you need for energy, pro teins to build tissue, the vitamins you need to resist disease, and bran to keep you regular. Give your family Shredded Wheat. They will feel better! It tastes good, and it's mighty economical, too. &m$sL ill UU U U mm 30 st it sure to get this package the picture of Niagara Vails the S. B. C. Vnttiia Seal Product of NATIOIW blitUli "Up. Bakers' "Ye, I used to pay top prices for all my food then came the day when my allowance was gently reduced. Naturally 1 looked around for lower prices and I found them at Safeway . . . and the beauty of It alt was that our food continued to be ns good as before. THANKS TO riKTTKR TI.MKS. my llonance la up main, but there will lie no chance In my place to shop I'm more than satisfied at my Safeway Store," ! Gam IPay Mm Mf8 t why! SUGAR Pure Cane, for Cannin, 100 lb. Sacks $4.79 MAYONNAISE Best Foods Quality in tho Sanitary Crystal Jar Quart Jar 49c Pint 27c New Potatoes Shatter Whites, 4 ft fancy large potatoes 1 f 5 pounds I fu New Peas Local grown. Picked 4 f daily 1 Uj 3 pounds IV BROILED MAYONNAISE Serve With Fresh Vegetables 1 cup ma yon- 1 to Z tablespoon raise lemon Juice 1 white Salt and pepper Bent egg white until stirr and fold Into mayonnaise, seasoning to taste with lemon, salt and pepper. Pour Into shallow pan and brown lightly under broiler. Do not attempt to hake. Delicious with asparagus, spin ach, cabbage, etc For aid In household problems, menu planning, or special recipes, send tn your request with a self-addressed, stamped envelope to Julia Lee Wright, director, Homemakers Bureau, Safeway Stores, Inc., Box AGO, Oakland, California. . SALAD OIL Mazola Qt. Can CORN Great Northern Golden Bantam No. 303 can 3 Cans SOUP Phillips Special Val ue for a Quick Lunch lOyi oz. can 6 Cans 29c 29' 33 BREAD 20 Peerless. White or Wheat. Pound Loaf 3 Loaves niiPTfir Ladmo. The Home Product. Over 300 i P Favorite Brand. A Light in Every One Pounds in One Cheese H H Lb. 1 0 6 Box Carton MILK Maximum Quality, Tall Cans 6 Cans ATCHES 22' QUALITY FRUITS and VEGETABLES TOMATOES Red Ripe Field grown LEMONS Sunkist fancy quality Pound Dozen 10 19 LETTUCE Local grown, Large solid heads 2 Heads ORANGES Large size, Sweet and juicy Navels. 200 count. Dozen 9 23 GRAPE FRUIT Del Monte. Full Sections No. 2 Can. 2 Cans APRICOTS Booth, In Syrup, No. Vi Can. 2 Cans CHOCOLATE Guittard's Guaranteed A-l Quality 1 Lb, Can COCOANUT Baker's Unsweetened, For Pie Topping Pound Lunch Meats CORNED BEEF Libby'i, ' Size Can 1 Aa C 3 Cans VW 25 29. 19 19c 3 Try this pure Brazilian blend. Pound package 22 lb. pkg. 63c Rex Brand. Slice and Serve 12 oz. Can TOMATOES Maximum Fanoy Quality No. iyt Can 2 Cans PORK & BEANS Van Camp's. New Large Can 1 lb, 11 oz, Can WALNUTS Local grown. Large size. Soft shell Pound 15 29 21 3 Lbs. MACARONI Porter's Rose City TAPIOCA Albors Instant 8 oz. Pkg. ROLLED OATS Sun Ripe 9 lb. Bag 22. 10 35 . OLIVES Highland Med. Ripe. Just a Fow Left No. 10 can 49c Dill Pickles Happy Vale. Medium Size Qt. jar 19c CERT0 The Pectin for Perfect Jam 2 bottles 49c PEN JELL Never a Failure With Pen Jell 2 pkgs 27c Fancy Veal j.'Ls Sirloin Stk. J 5" Pot Roast 7 1, Pure Home Rendered Lard 4 lbs. 35c Fresh Ground 2 lbs. Round OEc Steak Weiners 2 lbs 25c . . lb. 1 I Fine for Braising Short Ribs Beef .... lb. Morrell's Eastern Cured Bacon a q Squares lb. I U Butt End Shank End Z'i and 1 lb. ave. Haas . lb. 12c YBUP Maximum Cane an 33c For Cooking Lb. For Breakfast Pkg, 12c 16c Post Pkg. 9c IIUCOA Grape Nuts Bran Flakes SANKA Prince Albert 2 ,niic White King s.'ft. 29c Luna Soap Reg. Bar. 7 Bars 15c With Cafficne AAf Removed Lb. I llf Store No. 471 Store No. 41 Main and Holly St. 113 North Central