Medford mail tribune. (Medford, Or.) 1909-1989, December 05, 1934, Image 10

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Medford mail tribune., December 05, 1934, Page 10, Image 10

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Newspaper Page TextPAGE TEN MEDFORD MATL TRIBUNE, MEDFORD, OREGON, "WEDNESDAY. DECEMBER 5, 1934. FEDERAL POWER POLICY SCORED BY UMY HEAD National Industrial Council Told Opposite of NRA ' Objectives Being Followed Vast Outlay Is Seen B BENNETT WOl-FH NPTW YORK, Dec. 5. (AP) The national Industrial council, meeting to Chan; a fair weather course for American business, heud today a se vere arraignment of the government' entrance into the electric power busi neea. Paul (71a pp, Ties -president of the Oolumblt. Gaa and Electric company, ajserted that "the very opposite" ol NRA objnctlvei "la being followed by the federal government in Its present policy affecting electric power." Eye Recovery Flans. The council, made up of 300 rep reeentatlvea of national, state and local Industrial and trade associa tions, met to consider Industry's pro posed platform for recovery, drafted by committees of Industrialists over a period of several months. "The federal government has gone Into the electric power business on a stupendous scale." Clapp told the council. "Plana have been made and legislation will ba urged at the next congress for further large extensions. The government hae fostered, subsi dized and encouraged public opera tion of electric utilities by states, counties and municipalities, and con tinues to do so." spending Listed. The speaker listed the total appro priation of federal funds for federal electric power projects and for fed eral aid to state and county projects, up to September 1, 1934, as 255, 199.700. Loans and outright gifts for municipal power projects amount, he said, to 22,972,000. He also cited an allotment of $1 ,000,000 to the electric home and farm authority and $300,000 to the Tennessee Valley Associated Co-operative, Inc., mak ing a total amount of about 280, 000.000. "This appropriation of over one quarter million dollars." he aald, "Is only the beginning. A total of at least $3,000,000,000 must be spent to carry out the ultimate plans for power, navigation, Irrigation and flood control on 16 federal projects, or federal and state projects, already adopted or definitely being consid ered. Vital Concern to All. "This policy of the federal govern ment, directed toward public opera tion of the electric light and power business of the nation Is of vital concern to every cltlren who believes that the principle of Individual initiative and prlvata enterprise should be conserved.' Clapp set forth that privately ops rated utility companies would pay 360,000,000 In taxes this year, ad ding: "If these companies were made tax exempt, as Is true in large part of publicly operated utilities, and It this tax saving could bs applied to reduction of domestic electric rates, tha domestic electric bill of the na tion could at once be reduced by 40 per cent." Livestock. PORTLAND. Dec. 5. AP Cattle 300; calves, 40; steady, unchanged. HOOS 500; active; unchanged. SHEEP 100; steady; unchanged. CHICAGO. Doc. 6. p)(U. 6. Dept. Agr.) rtOOS 41,000; active, 10-35 lower; above 330 lbs. 6.904.00, few held higher; sows 6 50-70. CATTLE 13.000; fairly active, firm; 1100 lbs. long yearlings 9-76; best bullocks 10.10; supply well finished steers and yearling scarce; fed heif ers up to 8.60, bulk 7.36 down; bef cows steady; bulla strong to 10 high er; vealers firm, top sausage bulls 3 36; choice vealers 7.00. SHEEP 17.000; fat lambs slow, in dications 36 and more off; buyers talking 7.35 downward on bulk good to choice native and fed western lambs now held at upward to 7 80 and above; nothing done on few clip ped lambs; yearlings scarce, aged sheep firm; medium to oholca ewes 3.00-76; feeding lambs In moderately Increased numbers firm; double 49-lb. white faces late Tuesday 6.00. Monty Ward North Amer. Penney (J. C.). . Phllllpa Pet Radio Sou. Pac fitd. Brands St. Oil Cal St. Oil N. J Trails. Amer. Union Carb .. .... 30 13". 72 3 15', 6-i 19 4 18 82 A 42 r, ..... 6 Unit. Aircraft 14'2 U. 3. Steel 38 San Francisco llutterfat SAN FRANCISCO, Dee. 6 (AP) First grade butterfat, 33', fob. 8sn Franclaco, Pendleton Clilllrd. PENDLETON. Dec. 5. AP) The temperature dropped to 36 degrees here last night, as cold as It has been this season. On October 16 the sams reading was made. ELKS 10 RETIRE At the regular lodge session of B. P. O. Elks Thursday night, It was announced that a drawing will be held to nrtlra aioon mnr nt tha vu, lodge bonds. Thla retirement will inane a total of $3000 in the past eight months that has been retired, due to tha exceptional incrmu n membership that has marked the fvKivno tun lutni toage mis year Exalted Ruler H. N. Butler will announce tomorrow night the defi nite date for the annual Christmas Tree party, committees for which have been appointed. The "tree' promises to be one of the big events of the year. Ernest Scott, secretary, said a class of six new members, who have not yet been definitely elected will be initiated at a meeting set for Dec. 13. The Christmas tree party commit tees are as follows: Purchasing committee, Louis UI rlch and Leon B. Hasklns; soliciting committee, O. O. Alenderfer, chair man, J. c. Thompson, Claude Holmes. Ouy Conner, John Mcf'att and Wm. Hollo way. Selling committee, Leon B. Has klns, Jerry Jerome. P. C. Bigham, Louis Ulrich, Don Newbury and Court Hall; assistants. Dr. B. L. Lage- son, Stan Sherwood, Prank Hussong, r. a. Frescott, W. A. Frazler, Dla mond Flynn, Ray E. Wright, W. A. Grim, Joe Burroughs, and Robt. R. Hammond. Cashiers, Roy Prultt, Geo. Prey and Ward Beeney. Refreshments, Nick Young, chair man; Oscar Dunford, Van Gilbert and Harry Barneburg. Distribution, J. T. Davis, chairman; Geo. Eads, Nick Young, Harry Mark, F. E. Samson. Oscar Dunford, J. P. Pllegel, W. A. Frazler and Cole Holmes for Medford; Paul Godward, Jacksonville; Miles Cantrvll, Apple gate; Dewey Hill. Prospect; W. O. Clements, Eagls Point; Ernest Ros tel. Central Point; Andrew Hearn, Phoenix; H. D. Reed, Gold Hill. Oregon Weather Fair tonight and Thursday, with local valley fogs; no change In tem perature; local frosts west portion tonight; moderate easterly wind off the coast. A meeting of representatives of all organizations planning to give Christmas baskets to poor families has been called for this evening at the Chamber of Commerce at 8:00 o'clock. A. H- Banwell, manager of the chamber of commerce and head of the Eagles organization of Med ford will preside. It is the desire of all organizations to prevent duplication of effort and the purpose of the meeting will be to work out a plan that will prevent any thing of this kind. Any organization or society plan ning to do Christmas relief of any kind is cordially mvved to send a representative to thla meeting. To Have Clinic An infant and pr-. school clinic at tne Alex Sparrow M . morial clinic in the oourthouse, be Jield tomorrow, December J, fro.a 1:30 to 4 p. m., It was announce j today. Persons are requested to exit 1359 for appointments. . Cixed to cheerfully refund you Y I money on tire spot if voo rs I uVnot raftered by CreomvUioem 1 V Vrf lrr f 1 yv V ft H 71 w I i .I I 1 MMHWMMIIil' WIM IflWrni I 9SBSHaSaaBaaaB3SBaaiaSMMSmSSSaaSIBaSBaaaSSBsaaaaaaSaaaaaaasaBSaSBSiaSW' Portland Wheat PORTLAND, Dae. 8. P Oraln: Wheat Opf n High Low Close May 84 89 St 89 Dec. 8? 82 82 82 Cub: Big Bend blueswm, 02 "4; dark hard winter, 12 pot. 97: do. 11 pet. 8014; aoft white, hard winter, northern spring and western red, 83 4; western white, 82 '4. Oats: No. 2 white, 33.50. Corn: No. 9 E. yellow, 48.78. Mlllrun standard, 22.80. Today's car receipts: Wheat 23; flour 7; corn 2. Portland Produce CHICAOO. Deo. 8. (AP) Wheat: Onen HlKh Low Close Dec., old ... I.00, 1 .03 1.00(4 1.03 New 100 1.03J4 1.00'4 i-"fi m 101 1.05 .00T4 1.04 July .4V4 ,08t .M'A .07 E E Recent news articles stating that the Insurance commissioner of Ore gon had suspended the license of the Oeneral Insurance company of America and the General America Underwriters, have been of consider able local Interest, due to the fact that many people in Medford hold policies In these two companies, ac cording to Max Pelrce, manager ol the Medford investment company, one of the two local agents. The two com pun If s are represented locally by the Medford Investment company and the Commercial Fi nance company. Mr. Pelrce, manager of the Medford Inventment company, stated that for the past 11 yeara the General Insurance company has paid a 30 per cent dividend to policy holders In Oregon and that the re cent order of the Insurance commis sioner has no effect whatever on ex iting policies. 'Trlncipnl reason for the insurance commissioner's action, as cited in hl suspension order," according to Mr. relrce, "was that the General Amerl Underwriters and Oeneral Insur ance company were returning divi dends to the policy-holders on fire Insurance. The action of the com missioner la purely a teat case to determine a fpchnlcnilty In the in surance law. Th eonipnny tins se cured a restraining order from the rlrcult court of Marion county, which has the effect of mslntatnltw the status of the company In Oregon until the cane m tried on Its merits In the mesn'lme the company will continue to iaue participating poli cies In Oregon." PORTLAND. Dec. 8. (AP) BUT TER Prints, A grade, 34c lb. in parchment wrappers; 36c in cartons, lb.; cartons, 83'c lb. lb.: cartons, 33140 lb. BUTTERFAT Portland delivery. A grade, deliveries at least twice week ly, 34-36o lb.; country routes, 33-3fic lb.; B grade or delivery leas than twice weekly, Portland delivery,- 83 33c. lb.; C grade at market. - EGGS Sales to retailers: specials, 30c; extras, 38c; fresh extras, browns. 28c; standards, aSo; fresh mediums, 2Sc; medium firsts, 33c; fresh pul lets, 24c; do firsts, 2lc; checks, a4c; bakers, 30o dozen. EGGS Buying price of whole salers, fresh specials, 36c; extras, 33c; fresh extra browns, 33c; extra firsts. 34c; extra mediums, 33c; medium firsts, 18c; pullets, 18c; checks, 19c bakers, 17c dozen. j CHEESE, milk, country meats, live poultry, onions, potatoes, wool and i hay, steady and unchanged, j Chicago Wheat Pears Yesterday NEW YORK, Dec. . P (U8DA) Pear auction market. Eleven cars ar- j rlred: 8 Oregon. Washington. 1 , California cara unloaded: 18 cara on track. Oron Bosos: S80 boxea tra fancy, 2 30-2 80, average 2 48; 380 boxes fancy, 2.18-2.4J, average 2 32; 4S8 boxes extra fancy, 2 20-2.70, avor age 2 47; 230 boxes fancy express. 2.25-3.80, average 237: 489 boxes fancy express. a.lS-2.58. average 2 87 ! Oregon D'AnJoua: 128 boxes extra fancy, S .10-3.85, average 8 31; all boxes extra fancy, 2.55-8.80, averw 2.02; 203 boxea extra fancy, 2.30-8 .45. average 2.88. Wnalilngton D'AnJoua: 4A8 boxea extra fsncy. 2 10-3 20. aversge 2.58 104 boxes fancy, 2.10-2S3, average 2.50. Not,: No Chicago pear auctlan Tuesday. Wall St. Report BIRTHS Mr. and Mrs. .1. AMut Nrff of the Jsckitom llle highway, are tlie par enta tit a bahy girl, welKhlug six pounds. 12 ount'ra, bom Tuesdwy at thrlr home. NEW YORK. Deo. 8 m Aided by a violent upsurge In the wheat mar ket, stocks sdvanced slong a broal front to the tone of brisker trading today. Share prices slid off a little from the best in the final dealings, however. Net galna of fractions to more than 2 points were numerous, and tranafers approximated 1. 500.000 shsres. Today'a closing prleea for 32 select ed stocks follow: Al. Client. & Dye .. 188 Am. csn """j Am. rvn. Tow 3 A T. T - Ansconrta - Atch. T. 8. P M'" Bendlx Avla " Beth. Steel '' CAlirorula Pack g . 38' . Caterpillar Tract. S4", Chrysler - 40', lonil. Bolv f Curtlaa-Wrlght S' PuPont - pfl' Oen. fxxts 38 Clen Mot ' ' Int. Harvest ..... - 39'. I. T. A: T j Johns-Man 54. A hiue .'cl (,tilo Kiowil by C. jv .Teml,;aii of Horvrtson roimtv. Tim ;,e,fce, has the Mnjc t'f a tilery at rcvt. is hmih-v imhhiui'? II 111 I Ki ll? A booklet contnlutpg Irte opulio.u 01 famous doctors on this ltiterr.rtl:w subject will be srnt PftKK. uhile ticy last to any reader a-r:lhn: to t!i Fucatlonal Dlvliln. rvpt D-3',8 u44 r.flh Ai , New Vo.k, N. V. HOT APPLE vyooD tONO LASTING VALLEY FUEL CO. TFI... 70 FINAL WIND-UP SPECIALS FOR QUICK DISPOSAL Men's and Boys' Wear SALE PRICES on all orders taken for our Hand-Tailored Baltimore Suits for men ! $25 regular. Now $21.85 $30 regular. Now $2-1.85 $33 regular. Now $27.85 Men's Hats $2.69 Values to $3.60. Now Sweater Jackets Men's all-wool worsted. $4.75 value $3.49 Dress Pants Mon's. Values to $3.60. Now $2.15 Men's Fancy and Plain Color Dress Shirts Values to $1.49. Now Values to $195. Now 89c $1.39 Sweaters All wool slipover 4 QQ $1.95 value. Now4 I .53 Overcoats For Men. $19.50 values $14.85 Cords Men's Cords, and Young Men's Regular (0 AO $2.95 values FINAL WIND-UP SPECIALS FOR QUICK DISPOSAL Women's Apparel Ready-to-Wear at Slashed Prices New Fall and Winter Silk Dresses & Wool Dresses Values to $6.95 $3.59 New Fall and Winter Coats for Women Values to $14.95 $8.79 Women's Fur Trimmed Coats Values to $22.50 $14.85 Vest and Pants Tuck Stitch Snug- QQ gies.. 50c values ... 03U Women's Fancy Silk Pajamas Values to $2.25. ( 4 jn Now sPlsid gj FINAL WIND-UP SPECIALS For Quick Disposal Canvas Gloves Extra heavy 14 oz. 19c values. 4 On (3 pair to a customer I kC Boys' Cords Sizes 3 to lo. $1.97 values. 4 Q Now 3 I .5d MEN'S CHAMBRAY Work Shirts 37c While they last, Special $10.00 Zipper Leather Jackets $7.95 Unions Boys' knit. KQf 75o values Buy 'em For Xmas Gifts 35c ties 19c 50c ties 29c 75c ties . . 39c Shoes Boys' sizes 11 to 5. 4 g'y Values to $2.50 3 I .0 I Shorts Boys'. 25c values I wl Coveralls iYour Last Chance I To Buy At These Low Prices i nuaren s Anklets KM PlfsRiniT nut. ntiA Int. Pair 9c Ladies' Pure Silk Strutwear Hose 39c Form fashioned, All colors and sires. Pr. H 50c values. 3 Now Ladies' Rayon and Wool Hosiery 27c Shoes For Women. Values to $3 50 $2.49 Hose Full fashioned, silk. 98c value. Now 69c Hose Children's, ribbed. 45c values. Now 19c Gowns Outing flannel. CQ $1.25 values. Now 03 C llll C TIII.Y LAST! Blankets 70x80 Fancy Cotton. CQ 95c valuo wSC Overall Men's copper riveted. Waist line 85c Overall Men's blue bib, triple stitched 85c Work Pants $1.29 Heavy moleskin $1.95 values CHILDREN'S Wash Dresses Sizes 6 to 14. Values to 97c 49c Union Suits $1.19 'Part wool. Values to $1.50. Now Men's Dress Oxfords Regular $3 50 value , $2.97 Work Shoes Men's Heavy 4 Q Brown and Black 5 I .0 I Closing Out One Lot Men's Oxfords $1.95 Values to $3.50. Now Closing Out Men's Shorts and Shirts 25c Values to 60c Now ZIPPER MELTON Blue Jackets $3.45 $5.00 values. Now . MEDIUM WEIGHT Knit Unions 59c Values to $1.00, Now MEN'S CASHMERE Wool Hose 50c values. Now 37c oox Heavy part wool. 25c value. Now 15c Union Suits 35c Athletic. Regular 50c values Kl Bovs a- M El 75c values 03 C N 1 s-'--fv.W-.- i - n T f ft, r p ik r a n f a n w r m m m v-" w m. a, m . i s. w v f j m i m s- si e . ilia iMt i ifrrtv w Kt a k 4 kzi l t-l -a m n a m -a r- I ' ' IM..I1 i.. in i i n-an ii iii ill wm .Lmmrn tmiimmmmrmnwmmmmmmmmmmBmrrammimmmtm, n m.ii ns nun n . im-iisli Maa sss sii 1 1 I i I n i I nil jn l i i J 1 1 i i iniiimi il i asMaaasasaal l .in i i n nnr MSsMasl i aaa.v , 1