Medford mail tribune. (Medford, Or.) 1909-1989, July 06, 1934, Image 11

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Medford mail tribune., July 06, 1934, Page 11, Image 11

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Newspaper Page TextMEDFORD MAIL TRIBUTE, MEDFORD. OREGON, FRIDAY, JULY 6, 1934. PAGE ELEVEN CONTROL TO LIE IN CROP SUPPLY WASHINGTON, July 6. (AP) Sec retary Wallac told newsmen today the farm administration's cattle buy. lng program would adjust present surpluses of beer cattle and that con trol of hog production next year would probably center on control of feed crops. "Many of our people feel that con trol of feed supplies gives automatic control of livestock production," he said. Buying of cattle Is being 'Move tailed" with other plans of the ad ministration, he added, and recent rains in the drought area have not changed the situation materially from conditions early In the week. when It was estimated by adminis tration officials that 4,091,000 cattle in 33 states must be moved Imme diately for slaughtering or pasture feeding In surplus feed areas. Rains will make It possible to de velop relief plans "In a little more orderly fashion," he aald. Buying of cattle with extension of the program to Include sheep may have to be carried beyond next spring, the secretary said. The administration announced that freight rate reductions on livestock and feed for the drought areas of the mid-west, north central, south western and western states have i been extended to August 4. He Saw The Fleet J?J it 00'- I?. Market? Livestock ' PORTLAND, Ore., July .(API CATTLE 35, calves IS; stesdy, un changed. HOOS 500; fullly steady, unchang ed. SHEEP 200; nominally ateady, unchanged. Locals Visits Crater Lake Watson Davis, director of Science Service, waa a re cent visitor at Crater Lake national park from Washington, D. C. Two Navy Planes Two U. fl. navy the Medford airport for a ahort time Seattle to San Diego, Cal., atopped at the Medford ralrport for a short time this forenoon. t Injured Elbow A. a. Davidson of Williams, Ore., la receiving treatment at the community hospital for a fractured elbow, euffered In a fall. He waa brought to the hospital this morning. Fly to Grants Pass A. P. Arney and Dick Culbertson of the Medford airport, flew to Grants Pass for the Fourth of July celebration. They made the trip in Arney'a ahlp. and landed at the field north of Grants Pass. At Fur Farm Lea Bowman, flying his own plane, arrived at the Med ford airport last evening, and is to day at the North weat Fur, Fish and Game farm northwest of Prospect. fiAnnYiin la renresentatlve for the ' Waco Airplane company, In the west ern division Lucky Frank Nichols, Jr., of Bos ton had a ringside seat for the fleet review. He was the personal guest of President Roosevelt because he wrote to James Roosevelt, the chief executive's son, soliciting his Influ ence for a small oorner on the In dianapolis. And he got It. (Associ ated Press Photo) Portland Produce New M'i .89'J .884 -89, Sept. old ...39' .90H -SSVi -BiH New .B9; .90V4 -8914 -89 Dec. old 91 .91; 90i .91 i New .81 .91i .90H -91V, San Franrlsro Butterfat SAN FRANCISCO. July .(API First grade butterfat 24!4c f. o. b. San Francisco. iiTver NEW YORK, July 8. (AP) Bar sliver easier, &c lower at 460, pnnTi,AND. Julv 8 (AP) Butter Prints, A grade, 24c: parchment wrapped cartons, 35c: quantity pur chasea ',c lb. leas; B grade, parch ment wrappers. 33c: cartona, 34'4c BUTTERFAT Portland delivery A grade, delivered at least twice weekly, 3133c; country routes, 1830c lb.; B orarfe or delivery fewer than twice weekly, Portland, 30 32c; country routes, 17 19c; O grade at market. EGGS salea to retauera: rnvnw rirm.! nrwinia. 93c: fresh extra whites, 21c; fresh extra brown, 20c; standard, 19c: fresh medium, aoc; me dium first, 18c; pullet, 14c; checks, 18c: bakers, lc dozen. EGGS Salea to retailers: Co-ops, overslie, 32c; extra, 31c; standard, 19c; mediums, 19c dozen. EGG8 Buying price of wholesalers: Fresh specials. 19 u 30c; extra, 18 19c; extra mediums. 18c; medium flrsta, 13 14c: pullets, 13 13c; un dergradea, 12 fit 13c dozen. Cheese, milk, country meata, live poultry, onlona, potatoes, strawberries, cantaloupea, wpol and hay, ateady and unchanged. Wall St. Report NEW YORK, July 8. (AP) The stock market waa firm In apots to day, but the trading activity waa about as dull as that of the preceding sessions. Transfers approximated only 450,000 shares. A number of Issues got up fractionally to around a point and some advanced around 2. The metala were Inclined to sag. The close was steady. Today's closing prices lected stocks follow: Al. Chem. & Dye Am. Can ... - Am. As Pgn. Pow A. T. As T Anaconda . Atch. T. & 8. F Bendtx Avia .. . Beth. Steel California Pack'g ... Caterpillar Tract .. .., Chrysler Coml. Solv Curtlsa-Wrlght DuPont .. Gen. Foods . - Gen. Mot Int. Harveat . . I. T. T. Johns-Man . Monty Ward ..... North Amer .......- Phllllpa Pet Radio Sou. Pac Std. Brands . ...... St. Oil Cal. St. Oil N. J. . Trans. Amer .... ..135 - 98; ... 8, ...115 . 14'; ... 80, 15'.. . .34 ... 33 H ... 37 .. 40'i ... 22, .. 3i .. 90 U ... 30 'i . 32 ... 3314 .. 13!i ,. 53 1; - 38 !i ... 4 , m, , 61, ... 34 li ... 31 ... 34 i ... 44, .... 8, Union Carb. 431, Unit. Aircraft 17, U. S. Steel 39H Use Mall Tribune want ads. Lexington, Ky la developing anl Swordflsh llvera, previously tossed airport on a 105-acre tract used a j overboard, offer Portland, Me., flsh a camping ground by Union soldiers ermen an extra source of revenue during the Civil war. now aa a medical ingredient. MEDICA LOWERS MILE SWIM MARK CHICAGO, July 6. (AP) Jack Medlca of the Washington Athletic club, Seattle, Wash., shattered the world's record In the mile swim to day to make a show out of his field in the National A. A. U. champion ship, skimming over the distance in 20:67.8. Arne Borg, Sweden, held the former record at 21:06.8. SALEM, July 6. (AP) Douglas county today paid $23,173 to the state treasurer, representing Its third quar ter 1034 state taxes. Parcel post labels for use on sealed packages at third and fourth class postage rates, neatly wrapped 25 in package, for sale at Job Department Mall Tribune. Something that should be In every office or home desk. Portland Wheat PORTLAND, July 8. P) wheat: Open High Low Close July 71 71 71i4 TUfc Sept. 73 73?4 72 72 Dec. 7',1 75 744 74',4 Cash: Big Bend blueatem. 73; dark hard winter, 13 per cent, 78: 11 per cent, 71; soft white, western white, hard winter, northern aprlng and western red, 70. Oats: No. 2 white, 26.00. Corn: No. 2 E. yellow, 28.25. MUlrun standard. 19.50. Today's car receipts: Wheat 18: flour 1; corn 1; oata 2. Chicago Wheat CHICAGO, July 6. (AP) Wheat: Open High Low Close July, old 88 89 .88V4 .89 Beck's Chocolate Covered WHOLE WHEAT DONUTS Are perfect for the picnic lunch. Don't forget to take a dozen along. Eat . . . BECK'S BREAD You will find it better for every purpose 251 doz. At your favorite food store Saturday "or at Beck's S'Bakery Jarmin's Cut Rate Drug Store Remedies Bayer's Aspirin, 100 's 59c Sal Hepatica, 30c size 25c Zonite, $1.00 size 84c Bromo Seltzer, 30c size 23c Dr. Pierce's Rem. Liq. 89o Adlerika, $1.00 size 79c Potrolagar, $1.50 size 84o Special Hvy. Mineral Oil pints 29o Agar-Agar, 1 lb. strip 79o Squibb Choc. Vitavose B9c Liq, Cascara Arom., 35c size 19c Saraka, $1.25 size 98c Cigarettes Dominos, carton 89o (A mild blend. Let your taste be the judge) Rawleighs, lljo pkg. carton $1.13 Camels, Luckies, Chesters H HVfecpkg. $1.13 a carton Paul Jones Cigts. ctn, 98c Wings, carton 89o All Eastman Kodak Films at Deep Cut Prices Is not a cut-rate store in NAME ONLY--but a drug store where you save money on every purchase-every day--where nationally known and nationally advertised merchan dise is sold at the low est possible prices -always. Get it at Jarmin's IQcCannonWash Cloths 5c 19c Bath Caps 6c 10c Lux Toilet Soap, 7c 100 Aspirin Tablets 17c 16-oz. Witch Hazel . 19c Have your next Prescriptions filled at Jarmin's two Oregon registered pharmacists in charge. Phone 73 Delivery Free Toiletries Jergens Lot'n, 50c size 38c Mum Deodor't, 60c size 49c Armand's Hand Cream. 50c size 39c Seventeen Face Po, $1, 79o Trial size Free Pond's Creams, 75c size 69c Palm Olive Shampoo, 50o size .23o Fitch Shampoo, $1,50 size 98c Dr. West's Tooth Paste, 25o size 13o Agua Velva, 50o size....43o Williams Shaving Cream, 35o size 29c Life Buoy Shaving Cream, 35o size 27o Sundries 15c Scot Tissue, roll 8c Dr, Scholl's Foot Comforts . 31o Kotex 10o Veldown 15c Modess ....15o Enders Blades, 35c pk. 29c Speed Razor Free 25c One-White Shoe Cleaner -19o Margaret Burnham's famous "Summer" Candies, pound ..85o All 5c Gums, 3 pkgs..10o Save on Kodak Develop ing and Printing. 8 Hour Service .GRAIN RATE. REVAMPING A REMAINS MONTHS OFF PORTLAND, Ore., July 8. (API Arthur M. Geary, Portland rate ex pert, haa been advised that readjust ment by- the Interstate commerce com mission of freight rates on grain and grain products will not be made lor several months. Oeary, accompanied by Mrs. Geary, returned to Portland ( yesterday from a European tour. i TOO LATE TO CLASSIFY ROOM AND BOARD 153 N. Oakdale WANTED Man to hoe. I O. Gould, IV, miles south Talent. TOR SALE Pea chea and early ap plea. Dolph Phlpps, Crater Lattc highway. FOR RENT Large housekeeping room. 8150 per week. 827 No. Central. FOR SALE Piano, real bargain: terms. Call Saturday evening or -' Sunday, 215 Cottage St. FOR RENT 8 A. improved, S miles out. 220 Haven St. FOR SALE Refrigerator, 75-lb. box; very cheap. Call 1138-W. WILL PAY CASH for cheap car. Mrs. Laura Jonea, Griffin Creek. FOR SALE Crabapplea, 214c lb. Phone 1566-R. ONE EACH 1834 Terraplane and Hudson sedan; used aa demonstra tors; at a substantial discount and new car guarantee. Trade and terms. Eakln Motor Company. Hud-eon-Terraplane Dealer, South River side. GOOD USED CARS SO-DAY WRITTEN GUARANTEE AT N. A. C. A. BOOK PRICES 1933 Plymouth DeLuxe Sedan, air wheels. 1933 Plymouth DeLuxe Coupe. 1930 Hudson-8 Sedan; a real Buy. 1928 LaSalle Sport Coupe. 1927 Chrvsler Roadster. ARMSTRONG MOTORS, INC. 38 N. Riverside. Tel. 18 FRYERS Call evenlnga, 1813 Nn. Riveralde. , WANTED Middle-aged unlneumberej ' woman for general nouseworx. Ad dress Mrs. Miles Cantrsll, Fueh, or call 22-F-23. Jacksonville. " TWO-ROOM apts, 525 No. Rlveraldi'. FOR SALE 1929 LaSalle S-passeneer coupe. Good rubber, fine mechan- : leal condition. Price very reason. ; able. Inquire H. F. Lsnge, 38 No. . Riverside. CASH PAID for men's 2nd hand suita : hata and shoes. Will H Wilson. 82 No Front. Silk Dress SALE Continues at The BAND BOX and SHOE BOX "The store that saves you money" Shareholders Have Now Received Our 14th Semi-Annual- DIVIDEND CHECKS! The officers and directors of this corporation take pride in the fact that this company Is one of the few financial institutions in the state with a record of not missing a single Preferred dividend, Despite economio conditions of the past three yoarB, Commercial Finance Corporation dividend checks have regularly and promptly gone out to shareholders in this company. This splendid reoord has been a source of satisfaction to the officers and directors - of this corporation, The successful operations of this corporation and our increasing part in financial activities of southern Oregon are evidenced by a comparison of our recent business with that of a similar period last year ... we havt Tripled Our Earnings During the Past 5 Months Compared With the First 5 Months of Last Year 1 st 5 Mo. 1 934 1 st 5 Mo. 1 933 Total Purchases . . $465,480.29 $88,487.10 Total Revenue 26,035.99 10,507.09 Total Expense . .s 8,763.40 6,022.26 Income Before Interest. ,".,.,.,. 17,272.59 4,484.83 Interest Paid , . . . .,.,.-... ..,. .' m 6,354.81 756.5$ Net Income Available for Surplus and Reserves . . , $ 10,917.78 $ 3,728.27 q and 7 ON YOUR MONEY' Through the medium of our convenient COLLAT ERAL TRUST NOTES we will borrow money for short or long periods of time, paying 6 and 7, Your money need not be idle, even for a short time. An Investment Worth Investigating "A statement in a previous advertisement to the effect that because the Oregon Corporation Department had issued a permit authorizing the sale of our collateral trust notes that "this is added proof of the soundness of this institution and the success of our operations" was unwar ranted and unauthorized. The printing of this statement was through inadvertence, In no case does the issuance of a Blue Sky Permit by the Oregon Corporation Commissioner give to any security his approval or the official approval of the State of Oregon or indicate that the Com missioner has passed on the merits of the issue. The authorization granted it permissive only and is in no manner intended, nor shall it be construed as constituting a recommendation or an endorsement of any security." STATEMENT; of the Commercial Finance Corporation MEDFORD OREGON MAT S1ST, 1934. ASSETS Caih III banka - ,. Contracts Receivable Noatea Receivable Real Estate Mortiarei Accounts Receivable Repossessed Can Cosh surrender value Life Insurance.. Interest and Discount prepaid l S.929.H 388.409.35 . 11,880.81 4,518.84 1,788.48 311.34 1(10.00 . 10,388.88 Current asiets Real Estate Treasury Stock Office Equipment Companj Automobile . Total Assets LIABILITIES Rediscounts ...... ...1420,818.88 11,8114.10 1,400.00 1,500.01) 1,451.80 ,..1417,141.48 Mercantile Acceptance Cor. Collateral Trust Notea . Accounts Payable Notes Parable ..teo,3si.i 21,018.41 10,655.00 1,400.71 1,000.08 Current Liabilities Dealera Reserves Provision for unearned Income. RESERVES For losses ,4230,438.11 8,813.08 lT.OrTS.SS For Motor loans For Depreciation For Taxes H.. ,H For Dividends 4,881.78 848.38 88.80 1,133.01 188.00 CAPITAL STOCK Preferred Common Surplus Capital and Surplus ..lf)l.liy).oo . 80,000.00 M.017.M 1,101.11 , 111,11 T.H Total Liabilities and Capital , ..$431,148.48 OFFICERS W. H. UALKEB, Pres. JOS. A. PAGAN!, Vlc Pres. C. A. MEKKEB, Tress. M. B. BLACKBURN, 8ec"7 Commercial Finance Corporation Automobile Finance Capital $300,000.00 First National Bank Bldg.. Medford, Ore. DIRECTORS ft. d, 8N0DQRA8S, Chairman PORTER J. NEFF C. A. MEEKER JO). A. PAOANI W. W. WALKER XIamvH''",,"