1IEDF0RD MAIL TEIBUXE. MEDFORD. OREGON, THURSDAY, JTTivE 27, 1933.
PAGE FIVE
ROOSEVELT ASKS
TO
(Continued from Pae One.)
treasury be authorized to exchange
non-gold securities for gold clause
securities or to make payment for
gold clause securities In "cash, dollar
for dollar with accrued Interest."
Chairman Fletcher ' of the senate
banking committee said he would call
his group to frame a bill to carry out
the president's suggestions "as soon
as possible."
He added, however, he did not want
to Interfere with the sub-committee
of eight now working on the admin
istration bonk bill and It probably
would be next week before the gold
clause proposals could be considered.
"I think this la the proper course,"
he commented on the special mes
sage, "and there Is no ground for op
posing it that I can see."
Senator Connally (D., Tex.), who
led the fight for Evaluation of the
dollar, also agreed the president had
taken the proper step.
4 .
(Continued from Page One)
This confused the democratic lead
ers so much that a White House con
ference was arranged to decide what
should be done. Some leaders (Harri
son and Doughton ) again counsled
strongly against Immediate action.
All confessed that it would prove Im
possible to attach the plan to the
nuisance tax resolution before Satur
day, when the resolution must be
passed.
Again they were over-ruled and
were told to try It anyway.
These developments are almost a
direct repetition of what has happen
ed backstage on several major Items
of new deal legislation. The old party
counselors on the bill have strenu
ously objected, have usually been
over-ruled. When pressed, they have
stood loyally for whatever the presi
dent demanded of them. It has hap
pened so often that It has become
established strategy. This explains
why so many sour prophecies creep
Into news accounts from Washlnton
occasionally. You cannot find out
what Is to be done until the presi
dent gets ready to speak. What the
. congressional leaders say and think
does not mean much any more.
Five days before President Roose
velt sent his wealth-tax message to
congress, the TJ. 8. chamber of com
' merce decided to look Into that sub
ject. It chose Frederick Clausen, a,
western farm machinery manufac
turer, as chairman of a committee,
but no other members have yet been
named.
Officials of this representative or
ganization of big business say they
were flabbergasted, caught flat-footed
by the presidents sudden stroke.
Their investigation will probably not
get started until the taxes are adopted.
Livestock.
PORTLAND, Ore.. June 27. (AP
USDAI Hog 300; Including 89 di
rect; top 15c higher; market steady
to strong; good to choice. 179-210
lbs.. I9.50ia9.75; 235-320 lbs.. W.6U
99.25: light lights, mostly 9.00:
packing sows. $7.00(3 7.50; good to
choice. 107-125 lbs., feeder ptgs. 9.75;
choice light weights, quotable to 10.
CATTLE, 125; calves 60 Including
31 direct: market moderately active,
mostly steady to strong; few grass
steers, 4.50c? 6.00: heifers mostly. ft
a 5; odd head to 6.00: low cutter
and cutter cows, 1.75j2.75: com
mon to medium grades. $3.25cM.5o;
few good beef cows, $4.75 gt 5; bulls.
$3.50 rs 4.50; good to choice vealers.
$6t7: medium grades, $5.50 down.
SHEEP: 1800 Including 748 through
and direct: market mostly steady;
good spring lambs, $6 9 6.25: medium
throwouts. $5 a 5.50; yenrllngs, $4 a
4.25; slaughter ewes, $138.
CHICAGO, June 27. (AP) (0. 8.
Dept. Agr.) Hogs 10.000: direct 4000:
active, fully 10f15c higher: better
grade, 200-230 lbs., $9.50-60; top,
$9.65; 230-290 lbs., $9.00-55: desir
able 160-200 lbs., $9.25-60; light
lights. $8.75 a 9.40; good packing sows,
$8.00-35.
CATTLE 4000; killing quality, fed
steers and yearlings firm to un
evenly higher: bulk better grade of
ferings, $10.00cM1.25: best medium
weight steers, $11.75; yearlings.
$11.65; very few weighty bullocks In
run; demand still broad for all
grades steers and heifer yearlings
scaling 900 lbs. downward: enlarged
supply common and medium grade
native and southwesterns here; these
selling largely at $6.50 down to $4.50;
vealers about In line with week's
50-75e downturn: mostly $7.75 8.76:
practical top at $9.00.
SHEEP 12,000; spring lambs and
yearlings mostly 25-50C lower; sheep
steady: good to choice native spring
ers upward to $8.50-75: best city
butcher bids, $8.85; small lot sola
to outsider at extreme top of $9.00:
yearlings, $5.75(6.25; two doubles l
plain Idaho spring lambs eligible
around $8.00; scattered shorn na
tive ewes, $2.003.25; strictly choice
light weights quotable, $3.50.
23c; standards, 21c; extra mediums,
20c; medium firsts, 17c; undergrade,
17c dozen. ;
NEW ONIONS California reds,
$1.50 per 50-lb. bag; California wax,
$2.50 crate: yellow, $1.15 per 50-lb.
bag.
NEW POTATOES California whites
(2.15 per cental; Pasco 60s, $1.00 per
50-lb. bag.
Cheese, milk.
poultry, onions.
loupes, wool and
unchanged.
Wall St. Report
NEW YORK, June 27. (AP) The
stock market showed quiet resistance
today to such developments as a
sharp break in the domestic copper
price and the decision of another
country meats, live j J 10 ek reorganization under
potatoes, canta- '
hay, steady and
Portland Wheat
PORTLAND, June 37. (AP)
Grain: .
Wheat: Open High Low Close
July .72 .72 .72 .72
Sept .7114 -71 4 -71 -71
Dec. . .72 .72 Va -72 '7 .72 ft
Cash: Big Bend bluestem. 13 per
cent, 89; Big Bend bluestem, 85;
dark hard winter, 12 per cent, 891.;
11 per cent, 77; soft white and west
ern white. 73; hard winter, 71 He;
northern spring, 72 ; western red.
71.
Oats: No. 2 white. $26.00.
Corn: No. 2 E. yellow, S39.50.
Mlllrun standard. $23.00.
Today's car receipts: Wheat, 10;
flour, 5.
'
Chicago Wheat
A sprinkling of oil, glaa, copper and
rail shares lost !$ to 3 points, but
the bulk of the list was barely chang
ed, nd a few Industrials closed frac
tionally higher. The close was Irregu
lar. Sales approximated 750,000
shares.
Today's closing prices for 82 se
lected stocks follow:
Allied Chemical & Dye , ... 153'$
American Can 136?,
American & Foreign Power ... 4
A. T. & T 124
Anaconda . lsj,
Atch. T. & S. P. 47
Bendlx Aviation . 14W
26 S,
33 ,
481,
48
19
ion,
36 4
32 r,
44 H
10'i
Bethlehem Steel
California Packing
Caterpillar Tractor ...
Chrysler
Commercial Solvent .
Curtlss-Wrlght
DuPont '.
General Foods .......
General Motors
International Harvester
I. T. & T
Johns-Mannvllle ..., . floS
Montgomery ward .......... 27V4
CHICAGO, June 27. (AP) Wheat:
Open High Low Close
June .
July .80, .80V; .794 -80!,
Sept. . 0 .81 .80Vi .81
Dec. .83 S3 .82V, .83 y.
North American
Penney (J. C.)
Phillips Petroleum
Radio
Southern Pacific
Std. Brands
Std. Oil Cal
Std. Oil N. J
Trans. America
Union Carbide .........
17
73
31?,
V4
18
15H
34
46
6'4
60(4
United Aircraft
U. 8. Steel .,
13H
334
Silver.
NEW YORK. June 27. (AP) Bar
silver quiet and unchanged at 69VjC
flan Francisco Butterfat.
SAN rRANCISCO. June 27. (AP)
First grade butterfat, 28c f. o. b
San Francisco.
F.R.
OFFERS HELP TO
(Continued from I-age One)
article was not born until after the
NRA waa declared unconstitutional.
Owing to the nature of It. the writer
feels the article should be offered for
what It la worth."
The Casad system, bolted down very
briefly, la "a policy of cooperation.
Instead of competition, until such
time as the people have evoluted to
where the people believe when they
do something for the other fellow,
they do It for themselves."
Mr, Casad explained he would take
his system personally to the Presi
dent .except that he Is now serving
on a Jury.
When hta Jury service is over he
will launch "the hottest campaign
this country has ever seen, carried
into every one of the 48 states and
the territory of Hawaii if I find they
vote over there. I'm not sure atxmt
that yet."
TRIO
KIDNAPING VISIT
(Continued trom Page One.)
months in which to straighten up
business affalra and dispose of prop
erty in this state, after which they
must return to the Jurisdiction of the
Oklahoma federal court, and there
remain for the ten-year probationary
period.
Close to $5000 of the Urschel ran
som money was found burled at the
Scott place here. Some of the money
was spent in this city and was later
Identified by numbers as part of the
ransom. Scott paid cash for the prop
erty. The Feldman woman who married
Bates three months before his arrest
as one of the kidnapers was said by
authorities to have made frequent
trips in and out of this city and was
alleged to be the "money changer."
Scott, during his three months' res
idence at the place, made several Im
provements. A thorough search of the
house and property was made by fed
eral men In an effort to find hidden
ransom money.
Scott was known to a number of
local residents. He la married and
has three children.
Authorities state that all but ap
proximately $800 of the money found
in tne possession of the trio has been
Identified as ransom money. It la
still being held by the government.
It was also reported, but uncon
firmed, that Urschel, the millionaire
victim of the abduction, had given
Scott a substantial sum for the care
of his children.
Torrential Rains
Splatter Klamath
KLAMATH FALLS. June 27. (AP)
Rain came down In torrents for a
short time here last night. At Tule
Lake, south of here, precipitation was
reported to be still heavier. Light
ning accompanied the downpour,
which sent up seasonal precipitation
figures here by .19 inch.
Here En route Ashland F. T.
Holmes of Corvallis, of th Shell Oil
Co., was a brief Medford visitor this
morning, stopping on tha Oregoniaa
enroute to Ashland, where he has
been called by the Illness of hta
father, C. I. Holmes. F. T. Holmes
la a former resident of Medford.
NOTICE!
Home Modernizing Plan
Operating; Under National Housing Act
NO DOWN PAYMENT
NO ENDORSERS
PROPERTY NEED NOT BE CLEAR
Minimum note financed $36.00
Maximum note financed $2000
1 year up to 5 years
SEE
PORTER LUMBER CO.
204 South Fir Phone 124
iia'nairt'naiis
SOUTH SAN FRANCISCO, June 27.
(Ai-) (U8DAI-CATTLE: 125: low
grade cows moderately active, steady '
to weak: better grade she-stock un- J
sold, held fully steady: desirable grass i
sieers engioie around $7.00-7.35: good
cnoice veaiers quoted around 8.50-9.50.
SHKEP: 225; no bids or sales, sal- i
able supply two decks wooled lambs. I
nein luuy steady. Lnto yesterday:
iamos and matured sheep sold at
mornings 25-50c decline; deck good
wooled lambs. 6.75: deck 68-lb. Bhorn
6.25; common wooled. $5.50. sorted 1
10 per cent; few good shorn vear-
lings, 4.50.
Portland Produce
Pals of Commerce Secretary Roper
are quoting him as saying: "When
I end my governmental career It will
be as secretary of commerce." This
quotation Is supposed to be a diplo
matic denial of the expectations that
he might succeed Farley as postmas
ter general.
PORTLAND, June 27. (AP) But
ter prints, A grade, 26'2c lb. In
parchment wrapper, 27'2c In car
tons; B grade, parchment wrapped.
25c lb.; cartons, 26'c lb.
BUTTERFAT Portland delivery: A
grade deliveries at least twice wekly,
25 a 26c lb.; country routes, 24(S2ttc
lb.; B grade, deliveries less than
twice weekly, 24 25c lb.; C grade
at market.
EGGS Sales to retailers: Specials,
28c; extras, 26c; fresh extras, brown.
26c; standards, 23c; fresh mediums,
25c; medium firsts, 21c dozen.
EGGS Buying price -of whole
salers: Fresh specials, 23c: extras.
I kskT
iMmWi Mil
&ka. iv mil t ? n.
-- u r- i. r r-. h V -r I .
ill I
mmm
WASHINGTON. June 27. (API
The senate commerce committee to
day approved the McNary bill au
thorizing an annual appropriation
of $1000 for periodic construction ot
channels for fishing purposes In the
Slltcoos and Takenltch . rivers ' In
Oregon.
MEDFORD VETERINARY
HOSPITAL
13 years experience In large
end small animal practice
Dlt. J. V. WATERS
225 N. Riverside. Phone 3G9
BURIC'S
Lawn & Garden Furniture
Awnings
314 E. Main.
embarravH& Ie me almost u
brer' "1 I
become en'mil 1 V A
i i mix
vim u
go
Ish
yeai.
I'd 11V
rator.
"j sketcn a Iltue. mc
and white, and do sli:
already had
ood.
the F-
ol? stuff
Ihc
papa, Jo:
a broth
cal
I M i wTT"Yf r ,
in all cases under the
act, declared unconstitu
the Court of ArjeDals. will
jea immediately, out new vi.
will Be proseuted under the
statute, signed bv the Gov
wo hours after the court's
. was anounced.
The effect of the court's
lerefore, the nulliric
I s
IV w aci,
"... F uti y
codes and Int
procedures
hanc
Needs at Exceptionally Low Prices
FRIDAY - SATURDAY
and MONDAY
Preserving Kettles
Heavy Ivory Enamel!
Full Sizes Smooth Finish
14 quart size $1.19
16 quart size ; $l.p9
18 quart-size $1.59
At Our Store
Today Friday - Saturday
MISS LOUISE HARTWIG
Noted Home Economist, will personally
assist housewives solve their home iron
ing problems and demonstrate the Sen
sational New ...
G-E "Flat Plate"
IRONER
3 Days 10 A. M. to 4 P. M.
Earthern Crocks
23c to $1.39
Heavy Farther Crocks
In all sIzm nnd a wide
range of pfclnl prices
Fruit Press
Heavy
p resit
aluminum fruit
specially prlred at
COLD COLD
PACK PACK
Large aluminum 7-quart-Jar Large enmale. 7-quart-Jar
size, A real value, capacity. Here Is a bargain.
$2.79 $1.59
m m
wlien tvatftedin t
been
detern
MANN'S
July Clearance
SALE
Starts Saturday
lune 29th
SEE FRIDAY'S TRIBUNE
leave to
Ojgho'j. the
that an
In tn'.raV.ate
Nobody will give your clothea the
careful treatment that you will give
them yourself. A Maytag not only
avea laundry expense, but the
clothea last longer. They won't have
that "fagged-out" look after a few
wanhingg.
Soap and hot water in the roomy
.Maytag cast-aluminum tub is all the
laundry help you need. Let the
' '4
save
Maytag dealer show you the convea
ience of the Roller Water Remover,
the oil-sealed drive, the bandy
hinged lid, and many other reasons
why Maytag ia the preferred washer
everywhere.
FEDERAL HOUSING aCT-Now in
clndea Mayug Washers on the list
for government aid to buyers.
Anil Movtal n.y t, W Mil,
MM-Mot Awiw. MOmtU tlMUllM
PAY NOTHING DOWN!
$1.35
HANDY CANNING
TOOLS
ON SALE
Jar Fillers. . . 5c and j()c
Aluminum Ladles . . 1 0C
Forged Spoons 9c to 35c
Captite Tightener ..... 23c
Griptite Jar Holder ..... 23c
Jar Lifter c
Earthen Crocks, all sizes . .
23c to $1.39
Cap Master Jar Wrench . . 1 5C
Bottle Brushes 1 5C
Bottle Funnels . . . 5C
Fit All Fruit Jar Wrench 25c
Aluminum Measuring Cups . . 1 0C
Pyrex Measuring Cups 25c
Wood Preserving Spoons . . . . Qc
kg HOUSEHOLD
Scales
98c
Preserving Kettles
12-quart capacity, heavy Viko
aluminum kettle, an outstand
ing value $3.45
10-quart capacity Viko alumi
num kettle, on sale tomorrow,
Saturday and Monday $1.35
Ice Cream in 5 Minutes
to 10 Minutes!
In (1vanized
FREtZE WELL
A
FREEZER I. yy-& I
2 Only I!!
89CPJ
Washing Machine
Reconditioning Service
Our newly InstaHtd Washing Machine Re-Cond!tlcn!nf De
portment offers Guaranteed Services in repairing All Makes
and Types of Washers . . Quirk Service and Moderate
Charges that will please you Jutt 'phone 4UH
Guaranteed Radio Service
Faetory trained radio technicians handle oil unrk In thla
new deparlment and satisfaction Is POSITIVELY Ul'AR
ANTfcElt Just 'phone 49? and we Kill cnll at your home
and give you a Free estimate of the cost of reconditioning
your radio!
on FEDERAL HOUSING LOAN or avail yourelf of our
own attractive budget payment plan. . . . Enjoy the advantages
of a MAYTAG while you pay in convenient, monthly payments.
C. D. BEAN
229 E. Main St.
Phone 497
aA