MEDFORD MATT. TRTBUNT:. MEDFORD, OREGON. SUNDAY. MARCH 24. 1935.
CALIFORNIA MAY MEDFORD FEDERALiSNOW HALTS AUTO
JOIN NORTHWEST LOAN RESOURCES; TRAVEL IN SOUTH
SEED LOAN COIN
. E. FOY RESIGNS ASiKLAIVIATH 'GAY SO'
WEATHER EXPERTS
INSPECT VALLEY
STORE HEAD ORCHESTRA A HIT
TAfiK TEX
Bl
Hood River and Yakima
On Junket Reter Lauds
Advertising Plans.
J. H. Fletchpr, wcrrtary-managpr
; of the Med for ft Federal Savings and
Pcarmcn Here Next Month jLon association, announced
i the resources of this Rfiwlnllon have
j now rrnched lO0.OOO. Thin ts consld
crefl k remrkable showing In view
of the fact that the association re'
At an all-Uay meeting of the trus
tees of tho OifKoii-WHhhhiKton Penr
burpnu held at Portland Friday, Cior
don fireen of American Fruit. Grow
ers and Rhelhy Tutile of Southern
Oregon Salea were elected trust-eew to
fill vncnnrlcs from the Mrdford dis
trict. It wnis decided at the meeting to
fnlarRe the advertlstiiR proRram
which has been conducted under
auspices of the OrcKon-Watihinnton
Pear bureau on winter pears the last
four pears to Include California.
A committee of trustees from Yntc
inm nnd Hood River Is to coma to
Mrdford the middle of April, accord
ing to word received yesterday from
Portland, hud Join Mrdford mem
bers of the committee on a visit to
California winter prnr produciiiR dis
tricts, at the Invitation of Howard
Anderwm. chairman of the winter
pear commodity committee of the
California treo fruit aKm-rnent.
"We reel that our research pro
dram has developed to the point now
where we can ro out and tell the
world about our pears." said Ray
mond Reter, who attended the meet
ing. "During the past few years,
through the work of the OreRon ex
periment stntion at Corvallls and the
Oregon Medical school at Portland,
we have conducted most Intensive
surveys which have shown us that
our winter pears possess health val
ue, not found In other fruit. We
believe that now Is the time to en
larne our program to the extent of
doing a real rduciitlnnal and promo
tional program next year, bnaed on
the careful preliminary and prepara
tory work which hns been cnrrlod on
the past few seasons.
"Wc are glad to find that Califor
nia wants to Join us In this pro
gram." Negotiations for the manufacture
of the Hartman wrap for tho com
ing season were started duo to de
mand for wider use during the com
ing sen nn,
A resolution was passed nfiklng
that the state liquor boards of the
states of Oregon and Washington
give preference In their purchases of
liquor to products of countries that
are importing winter pears from the
states of Oregon and Washington,
particularly France, which Is taking
a large quantity of winter pears.
E
(Hv John Snider)
Making Its first formal dramatic
bow on April 26, tho clai-s of lUUft
of the Medford senior high school
will present "Clarence," a sparkling
comedy In four acta.
Booth Tarkington, author of many
Items of the play world, first pre
sented this play to tho New York
tlientcr goers In tho old Hudson the
ater some 10 years ago. Among tho
noted playing leads wore Mary Bo
land, Helen Hayes, and Alfred I.unt.
The piny was an outstanding hit.
putting several stars in the bright
lights of Broadway.
"Clarence" was presented by the
local hl;h aHiool 13 years ago with
a talented cast of persons now oc
cupied In various activities.
Rex Robinson Is director of the
forthcoming piny.
The cmsL of 10 chosen from the
graduating class is composed of fTie
following MT.ions: Clarence, Dolph
Jniies; Mr. Wheeler, Verne Campbell:
Mrs. Wheeler. Pat Young; Violet.
Mlldivd Drury; Cora. Hetty Thorn
dyke; Bnhhy, Lurien Ann Smith;
Mrs. Marty u. netty Vilm: Hubert
Stein, Robert Young; I Vila. Betty
Dynnn; Dinwiddle, Donald (tray
Robert Murphy. Mudent dramatist.
Will Bf-slst Mr. Hobllifun In the di
recting of the play, and Warren O.
l.iggltt will aft as property manager.
Mr. I-cliimt Mentor, tmlu-trinl art
lhMniftor. will handle l he settings
or the Miir.
Miss Dm is ll.ilcr nnd Mrs Oicnnii
Mae Early. Kngih tnMiufiors, aUcd
In the Mhftion of Ihu cau and will
art as an ii(tlM)iy board throughout
production pvep;Hiit Ions.
"A very mp.ibh' um. an excel
lent Pl . mill MiN'iulul n.sMMnnt'c
will no doubt ni.iko ibis ply a hur '
micecv." Mit'ed Mi. Robins, u yMer- ;
riitv mnininn nt the lorn I biga school
Kirst pun tifi-s wcie held e.sterday s
with a Mild schedule for the week
mapped out. I
Dental Study Club !
Next Meet Ashland,
The Mrdford Denial Study club
int-l 'I hurslnv eve nl lit at t lie home j
of Dr. and Mrs. Ralph Dippel who
wiih Dr. nnd Mrs. tinMsherry were j
the hosts u net hostesses of Die eve-:
ninir. Alter dinner Dr. Robert Van j
Valnh prrsi-nted a paper. "Tin et- j
feet or oral pathology on gcnornl ;
health." The discussion was opened!
by Dr. Kunt. Dr. E. i. Riddell. ptvsl-
dent of the club, and Dr. R. I. Hur
dle presented an outline of stud
for the next lew months.
The next meeting will he held nt
the home of Dr. R. I,. Burdic in Ash-
M. Reamea. son of Mr. and Mrs.
A. E. Reamea. arrived from Stanford
university early Saturday morning
for spring vacation, after a trip
through snow In northern Califor
nia d-.rrlbed si the hardest driving
he has ever experienced. He wss ac-
that companed by Otto Tuscka. hi room
mate st Stanford, who will spend
the vacation with Reames.
After reaching Redding. Calif., the
couple encountered a driving snow-
.,d IU federal charter Irs. than i "OTm """ con'" ,n' 8r0,",d
m k nepin ni two ireb una manr
visibility extremely poor. They
found nearly a score of automobiles
stalled along the highway, many
having skidded Into heavy drifts.
Trucks and cars blocked the road
for mites, and It took them hours
to thread their way through the
snow and the traffic Jam, Reaines
said.
six months ago.
The Medford Federal Savings and
Loan association Is strictly a local
Institution. Us directorship consists
of C. M. Kldri, John C. Mann, W. J.
Warner, c. C. Lemmon. R. E. Green,
Glenn O. Taylor, and J. H. Fletcher.
These are all local business and pro
fessional men. most of whom having
served for many yearn prominently
In business snd civic affalra In this
community.
The organization and building of
this association to the present sl?,e
has been accomplished through a
minimum of expense by operating as
a companion charter to the Jackson
County Building and Loan associa
tion. The two associations have an
operating agreement whereby the op
erRtinir pxnpnse of each Is material
ly reduced because the same officers.
employees and space are used to the
advantage of both associations, re
lieving them of the dpullcatlon of
these expenses.
Since Its formation the association
has opened many new savlugB ac
counts which conform to the par
ticular savings requirements of each
Investor. Accounts ranging from 50c
a mouth to a lump sum Investment
of 5.000 can be opened. These ac
counts are all fully Insured by the
Federal Snvlngs and Loan Insur
ance Corporation.
On December 31, lo:i4. only three
months after Its organisation, the
association paid Its first dividend,
amounting to 4 per cent per annum
on all accounts. In addition to this,
a 1 per cent per annum bonus was
reserved for those accounts where
regular monthly installments are be
ing made. Tho dividend date In the
future will be on June 30th and De
cember 31st of each year, and funds
Invested by the 10th of each month
will receive dividends from the first
of that month to the dividend pay
ing date.
Savings of the association are In
vested In first mortgage loans, which
are primarily on residence properties.
These loans are nll made on property
in Medford nnd Immediate vicinity
and are all on a direct reduction
monthly payment plnn ranging from
6 to 30 years. Since Us formation the
association has made over 40 loans,
of which tlS.OOO was for repair. Im
provement or construction.
Tho continuance of mnklng loans
by the association Is assured; for the
reason that the United Htntes gov
ernment will Invest $.1 for every $1
raised, locally. In addition to this,
a Federal Savings and Loan associa
tion may borrow tip to 35 per cent
of Its capital from the Federal Home
Loan bank of the district of which
It Is a member. This source of funds
constitutes a reserve on which the
association may draw when good
loans are available or when applica
tions for repurchase of shares arc
filed.
Capital, reserves, surplus. Income
and franchise of Federal savings and
Loan associations are wholly exempt
from all federal taxation and are
subject to no state, county or locnl
taxation greater than levied on other
similar thrift and home finance in
stitutions. Federal Ravings and Loan associa
tions are locnl, mutual, thrift, home
financing Institutions chartered by
the Federal Home Loan bank board
In Wafihington. D. C, and are opera
ting under strictly defined principles
applying to loaning policy, Invest
ment safeguards and repurchase priv
ileges. Audit of each Federal Savings and
Ioan association must be made at
least once each year by a qualified
accountant, in addition to examina
tion at least once annually by an
examiner of the Federal Home ljan
bank board. The accounting practices
of every Federal Ravings and Loan
association must be approved by the
Federal Home Loan bank board, con
tributing to such association a high
deree of uniformity of operation.
In the state of Oregon there are
19 Federal Savings and Loan asso
ciations with total assets of approxi
mately $1,800,000. The report of the
Federal Homo Loan bank system In
dicates that there were 630 Federal
Savings and Loan associations at the
close of the year of 1034. The total
asaeta of the federal associations were
tl43.000.OdO. The striking develop
ment of this type of Institution has
been accomplished almost entirely
during tho past twelve months.
Practically nil money loaned by
these. Institutions ts placed In homes
nnd gets to tho aid of not only the
home owner, but to the building
tradesmen and the building Indus
try and Incidentally to many other
lines of Industry by payment of
wages to laborers and artisans.
SPOKANE. Wash.. March 23. fAP)
Pacific northwest fsrmers who need
emergency feed and seed - loans will
be able to get the money within
a week, the farm credit administra
tion for this area revealed today.
Th e loa ns wou Id come from the
60.000.000 fund msde available for
this purpose by congress, and would
go to farmers unable to finance
their operations by other means.
'Although the maximum loan to
an individual farmer has been raised .
to 500." said A. C. Adams, general!
agent of the administration, "no loan ,
will be made for more than tne
amount actually needed, and bor
rowers must act In good faith through.
out. subject to penalty for mis
representation or evasion."
An application for a loan of leaa
than 300 may be made directly to
county crop loan committees. If
more than 300 Is needed, the appli
cant must first get a statement from
his local production credit associa
tion showing his application for a
loan of approximately the same
amount has been rejected.
Emergency loans will be made only
to farmers cooperating directly with
the production control program ot
the agricultural adjustment admin
istration, or who are not proposing
to Increase their 1935 production In
a 'way detrimental to the success of
this program, Adams said.
SCOTTISH RITE
Staled Chnpter meeting
7:30 P. M.. March S5th.
ec'urn fjy w. A. Ontes.
L. E. WILLIAMS. Scoy.
Use Mai) rrtbuno want ads.
OlMuary
t. B. Foy. for the past year man
ager of the state liquor store here,
yesterday handed In his resignation
to the state liquor control commis
sion. Mrs. J. T. Reddy. who has been
acting as cashier at the store, was
yesterday appointed temporary man
ager by Otto J. Runte, state super
visor, who was In Medford In con
nection with an lnvntory now be
ing taken at the store.
Foy, In commenting on his resig
nation, said that press of other
business forbid hli longer staying at
the liquor commission post. He will
remain in Medford. He has been
manager since the start of the store.
Wliltworth Call George F. Whit
worth, project superintendent at Ore
gon Caves CCC camp, was a Medford
visitor Saturday, and reported that
90 enrol lees will leave for the east
from Oregon Caves Monday, and will
be replaced In a few weeks by men
from Illinois.
Mrs. I)vnan Iteeoerlng The many
flrenda of Miss Emely Dynan will be
pleased to know that she Is recover
ing rapidly from a recent accident In
which she fell and broke a bone in
her foot. The fall occurred two weeks
ago.
About five hundred people enjoyed
one of the best parties that has been
held at the Elka club for some time.
The most Interesting and untque
part of the program was the "Gay
Nineties" orchestra, which enter
tained during the dinner hour. This
orchestra was composed of members
of the Elks lodge of Klamath Falls,
and everyone was high In thPlr praise
of the program they presented. Mem
bers of the orchestra were Director
S. F. Scott. Dewey Powell. Doctor
William Peak. Fred Houston. Kyle
Morgan and Carl Cook.
M'Nary Bill Calls
F or Columbia Survey
WASHINGTON. March 23. (API
A bill Introduced today by Senator
McNary (R Ore.), would authorize
a preliminary examination and sur
vey of the Columbia river at Ranier,
Ore., with a view to Its Improvement.
J. B Kincer, chief of the climate
and crop division of the U: 5. weath
er bureau, Washington, D. C, and
Floyd D. Young. In charge of the
weather bureau fruit-frost service on
the pacific coast, were visitors in
Medford on Friday. They made a tour
of the valley, visiting several of the
fruit pacKln'4 houses and orchards,
eseorted by E. W. Carlton of the
Fruit Growers league and R. J. Rog
ers, local frost forecaster. They at
tended a noon luncheon of the
Chamber of Commerce board at the i
Hotel Medford where short talks were j
made concerning weather bureau '
work. Messrs. Kincer and Young left
Friday night for Portland, and other j
fruit-frost districts. f
Buckingham Recovers Roy (Deke)
Buckingham, who underwent an ap
pendicitis operation two weeks ago
at the Sacred Heart hospital, was able
to return to his home yesterday, at
236 South Central.
Third Kl'ii Victim
NEW YORK. March 23. (AP)
The Harlem riot claimed its third
life today when Andrew Lyons, 36.
nego, died of Internal Injuries.
. 4
Hit rim ra Sails
SOUTHAMPTON. March 23. (API
On her first lap to Reno and a j
divorce from Prince Alexis Mdlvanl,
Princess Barbara Hutton Mdlvanl
sailed for New York today aboard
the S. S. Bremen.
ADD AN EXTRA
ROOM TO YOUR
HOME
There are very few homes
which rannol be Iniprovrd
by the addition of nit extra
room. Home lmproement
loans avullfiht uler the
N. H. A. make the monthly
payments so ev Hint yon
nil) never mls them. I.et
u make an iM limit e we'll
tell you Jiiit "hit It will
cot.
Woods Lumber Co.
Jiirktuu tit ienev.ec Phone lot
Harriet !. Taylor.
Harriet Jobe Taylor, a resident of
Jackson county for 24 years and
late of Butte Falls where she had
been making her home with her
daughter, who is teaching school
there, passed away at a local hos
pital early Saturday morning at the
age of 69.
Mrs. Taylor was born at Macon
City, Missouri, June 7, 1865. For
many years prior to coming here, she
resided at Durango, Colo.
She leaves two daughters. Hazel
Taylor of Butte Falls and Jennie
L. Pearson of Mesa, Artr... who was
here at her mother's passing.
Funeral services will be held at
the Conger chapel at 2:00 p.m. Mon
day with Rv. Smith officiating. In
terment will be at Medford.
Some 216 species of fish found In
British Columbia waters have been
classified by naturalists of the Do
minion's museum.
F T
CHEAP watch repairins
is expensive
I
The cheap bargain-store kind of overhaul
ng which simply rinses your watch in
beiizine ... is the most expensive in the end.
As an authorized GRUEN Watch agency we
offer a professional service of highly trained
and experienced technicians ... the kind
a good watch deserves ... the only kind
the manufacturer recommends.
Bring In your watch for free inspection.
Br oar method,
each of the 190
odd pieces Is sep
arately cleaned,
polished. oiled and
adjusted to
acniracv.
JJEWELERS
urnrORD.ORt
moroRD.
WE BUY OLD GOLD
c. r. K
Hntcllr.
nt will he ro-host
land. Dr.
with I)r
I ho-..' inr-.i'tit nt Hip Thursday!
liHftliig were Mr-. RMdi II. F. J. John
son. VnnVl;-ith. Hurdle. Kunt. Luge
son. Dippt-I, GolMsbcrry, piiske. Maun
der., and KIHott.
U a nmo aits time to i;et them
sh.irp'iiMi niul tt'p.inci -.,'eu foi
and deiivi-rrd Mcdloid Cyclci), 23 ,
N, fix., Pnoiie 261. 1
me to Modernize
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mMk' It's 7
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nlenl lut Jllmt'iit. at niiHlrrule xjf -tf1?! VW.
rit. mutter lo arrange one of y CT Jj-
ur plumlii't. lumber iimh. f --"v IC "f I ff' f! J
1Mb! net maker, pointer, roulrie- ' fe I jjjf
mk of till lpe Will -peed lL Di1 V'' lM0r 'C&i 1' --
ilillloiiitl ret-ntrrt throiiRh add- j" .
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