PAGE 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
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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
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