TirEDFO'RT) fTL TRIBUTE. SrEDFOTtD, OB-TOpy, FRIDAY. OCTOBER 22. 1937
P'A'GE THREE
NOT YET SETTLED
SAYS JOOSEVELT
Treasury Studies Being
Made Changes In Profit
Tax To Help Stock Market
Also Given Attention.
WASHINGTON. Oct. 22. AP)
President Rooeevelt. answering a
press conference question today,
Mid it had not been determined
whether congress would have to en
act new taxes. He added, however,
as things look: now such levies will
not be necessary.
The president remarked treasury
studies are being made and he hoped
they would be In shape for use by
congressional committees meeting in
November to consider tax revisions.
In answer to other queries, Mr.
Hoosevelt said the , undistributed
profits tax and the capital gains
tax are being given attention by
the treasury In this connection.
These two levies recently have
drawn the fire of buslnes spokes
men, who have asserted they were
partially responsible for the stock
market downtrend.
The chief executive wiil confer to
day with Daniel W. Bell, acting bud
get director, regarding financing for
a proposed new corn loan program.
Secretaries Morgenthau and Wallace
will participate in the meeting.
There have been rpports consider
ation might be given to reimporting
processing taxea for the corn pro
gram and for the new general farm
plan to be offered at the forth
coming special session.
Asked whether he could comment
on the possibility of a balanced
budget In the next fiscal year in
the light of his revamped budget
Jor the current year, Mr. Roosevelt
said he would only repeat what he
had said many times. He often has
predicted next years budget will be
balanced."
The revised income and spending
schedule for this year cut the rev
enue forecast by $250,000,000 and
Increased the deficit estimate by
9277,00.000.
CM1 War Belle Dies.
WASHINGTON. Oct. 22. (JP Mrs.
Charles Ewlng, widow of a union army
general and a Washington belle in
post-Olvll war days, died yesterday
at the age of 91. She waa born ar.
Mount Vernon. Ohio.
Livestock
Portland
PORTLAND, Oct. 33. (AP-USDA)
HOGS too. Including 377 direct:
market active, fully steady: good and
choice 185 to 310-lb. drlrelm mostly
19.65; one outstanding lot 195-lb.,
10.00: few 330 to 345-lb. butchers,
19.25(3 8.35; light lights. 9 00.?9-35;
packing sows mostly $8.00: choice
feeder pigs salable up to S9.75.
CATTLE 35, calves 100 Including
90 Irect: market nominally steady:
medium to good steers salable around
67.50 39.50. cutters and common
4.007.00: common to medium
heifers nominally S5.0087.00; low
cutter and cutter cowe salable 93.50
B3.50; good beef nominally 5.35
6.00; bulls salable around 15.00 s 5.50;
good and choice vealers salable
around f8.509.50.
SHEEP 300 Including 336 direct:
demand narrow, undertone weak:
good trucked-ln lambs salable around
8.35s,8.50; strictly choice kinds eli
gible J9.00; yaerllngs salable around
8.368.50; strictly choice kinds eli
gible S9.00: yearlings salable around
5.007.00: medium to good ewes
nominally $3.50 g 3.50.
South ban Francisco.
SOUTH SAN FRANCISCO. Oct. 23.
(AP-USDA) HOG 335. Slow; butch
ers 35 lower; top and bulk good to
choice 175-335 lb. weights 9.75; light
lights and around 340-280 lb. butch
era sorted out 925: packing sows 35
lower, bulk 7.15. Late Thursday, bulk
local butchers 9.65.
CATTLE: 350, Including 315 direct;
demand dull, undertone weak; salable
supply very light: load mixed steers
and she-stock not shown, to be car
ried over: medium to good fed steers
quoted 8.00-925, medium to good
range cows eligible 5.00-625: low cut
ters and cutters salable 3.00-4.35; me
dium bulls quoted 6.00-7.50.
SHEEP: 800. Lambs weak to fully
16 lower for two days: deck medium
to good 78 lb. medium pelt clover
pastured California lambs 8.75: one
deck unsold. Other classes quoted
nominally stesdy; packee good 101
lb. medium pelt yearlings 7.00:
.slaughter ewes quoted 4.00 down.
Dec 30 JO M .88!,
Cash wheat: Big Bend- bluestem.
ha-., 13 pet, 2: 13 pet., .63; dark
hard winter, 13 pet. 1.04: 13 pet.,
1.00; 11 pet., .93; soft white and west
ern white. .68; hard winter, 1;
western red. .89.
Oats No. 3 white, 34.00.
Barley No. 3 45-lb., bw.. 37.50.
' Corn Argeenttne nomtnsl; mlllrun
standard 31.00.
Portland Produce
PORTLAND. Ore.. Oct. 22. ( AP)
BUTTER Print, A grade. 37c lb. In
parchment wrappers, 36c lb. In car
tons; B grade, 36c lb. in parchment
wrappers, 37c lb. in cartons.
BUTTER PAT (Portland delivery,
buying price) A grade, 37-37Vc lb.,
country stations; A grade, 35-3St?c
lb.; B grade, 2c lb. less; C grade, 6c
less.
BOGS Buying price by wholesal
ers: Extras, 29c; standards 26c; firsts
22c; medium, 22c; medium firsts,
20c; small extras, 14c; undergrade
16c dozen.
Cheese, country meat and. live
poultry unchanged.
ONIONS New crop. Taklmat. 75
80c, 50s; Oregon, $2.00-2.15 cental.
Cantaloupes Dlllards, si. 00; Mc
Minnvllle. fl. 10-1.23 crate.
Potatoes, wool, hay, unchanged.
Lijti;ij.pjrantrcJ
Chicago.
CHIC.AOO. Oct. 33. (AP-USDA)
HOOS 9,500; mostly 10-15 lower than
yesterday's average; top 35 lower at
10.15: bulk good and choice 180-230
lbs. 9.90-10.05; 350-300 lbs. 9 40-10.00;
few 150 lb. offerings up to 10.00; most
good packing sows 8.60-9.00; light
weights up to 9.10; few best 9 15.
CATTLE 3.600; calves 600; steer
trsde negligible: scattering of com
mon and medium klllera drawing lit
tle attention; several loads shorts
feds put away Thursday for next
week's market and some fresh ar
rivals not shown; alow peddling trade
on she-stock: few common light heif
ers 8.35-6.25; cutter cows more active
than others but even these under
pressure: cutters 3.75-600: strong
weights 5.36; beef grade up to 5.40:
bulls weak, practical top 7.00: veal
ers 60 lower; mostly 11.00 down; few
selects 11.50.
SHEEP 4.000; good to choice na
tlve lambs 9.75-10.00; few choice to
shippers and small killers 10.25-35
respectively; native slaughter ewe:
3.50-4.00.
Portland Wheat
Chicago Wheat
Coml. Solv.
Curtlss- Wright
DuPont
Gen. El pc. .....
Oen. Poods -
Oen. Mot. .........
Int. Harvest
I. T. & T
Johns-Man. .
Monty Ward -
North Amer.
Penney (J. C.)
Phillips Pet
Radio
Sou. Pac. ... -
Std. Brands .......... .
St. Oil Cal.
St. OH N. J
Trans. Amer.
Union Carb.
Unit. Aircraft
U. S. Steel
S'i
4
WVi
40H
331,
401,
731,
'i
85i
39 Vj
18 V,
78 a,
41 4
. V
33
10
34
63
ll!i
79 '
17
" H
Pear Markets
Yesterday
NEW YORK, Oct. 31. (AP-USDA)
Pear auction: 18 cars arrived: 1
California, 6 Oregon, 1 Washington
unloaded: 33 cars on track. Oregon
Bartletts, 1035 boxes extra fancy
S3. 10(5355. few 61.95. average 2.43:
1310 boxes fancy 1.60(a 3.45, averago
63.15: 1435 boxes o. 1, 1.55i3.20.
average 61.79. Bosc, 1456 boxes
li03.3O. average 63.16. D'AnJous,
620 boxes sl.35jfl.75. average 61.73.
CHICAGO. Oct. 33. (AP) Wheat
prices turdend lower today. A per
sistent lull in export demand for
North American wheat did much to
thrust quotations down 114 cents.
wneat: open High Low Close
Dec. $8 aayt st &i
May .98?, .99 .97 3r
July 32 ,93V, .92 S2'i
Wall St. Report
NEW YORK, Oct. 22. p Stocks
lost the rallying urge in todays mar
ket as renewed selling of steels chill
ed speculative sentiment for virtual
ly all other groups.
There was a brief but unconvincing
upturn In rails before noon and early
subsantial losses were reduced In many
cases. The list soon crawled back on
the downward -trail Rnd even trans
portation favorites slipped after hold
ing fairly well for a time. Losses
ran to 4 points generally, with a few
wider set-backs.
Btimulating the momentary run
up of the carriers was tho report a
favorable freight rate decision would
be handed down after the close.
Signs of a further downturn In
mill operations and fresh doubts re
garding earnings further handicap
ped steels. Coppers ran next in un
popularity. Prices fell fast in the morning when
the ticker tape was in arrears. The
recorder was again behind on the
sporadic upward reversal. Volume,
though, was considerably under that
of the previous session, transfers be
ing around 2.1000,000 shares.
Today's closing prices for 32 select
ed stock follow:
Al. Chem. tfc Dye. 163
Am. Can ..... .... -
Am. & Pgn. Pow...
A. T. & T
PORTLAND, Ore.
Grain:
Wheat: Open High
Mav .' .63 .93
Oct. 22. ( AP)-
Low Close
SV(, AlH
Anaconda ..........
Atch. T. S. F.
Bendlx Avla. .... .
Beth. Steel ,
Caterpillar Tract.
Chrysler .....
86
n
1531,4
30 'a
44
i3',;
4714
02
?;
CHICAOO. Oct. 21. (AP-USDA)
Peer auction: One California car ar
rived, 4 Oregon. 2 Washington ar
rived: 22 cars on track; 7 cars sold.
Oregon Bosc, 1488 boxes No, 1, $1.56
a 2.36, average (2.12. Bartletts, 1416
boxes fancy $1.3.1 at 2.30, average $1.86.
4 J
THE DUTCH
are famous for their delectable dishes and this brand
new cake from a famous Dutch recipe is no exception.
Holland Cream Cake
Thick, yellow layers made with pure butter and your
choice of two frostings a rich chocolate cream with
toasted Filbert nut meats or a delicious cooked cara
mel. Phone 718 and order one NOW. Specially priced
at
59c
Va Cake 30c
SPECIAL
All next week we will bake for you that special cake
for Hallowe'en
Goblin Cake
In gay, festive Hallowe'en colors both Inside and out
a delicious cake that will add distinction to your
party. Place your order ahead for this cake or for
any other special Hallowe'en pastries and don't for
get Doughnuts and Pumpkin Pie they're important,
too.
I m nriibmirmiWi
lb. 15c
BEEF ROAST
Cholc
Cots
VEAL ROAST
Shoulder
Cuts
lb. 15c
SIRLOIN STEAK ... lb. 22c
VEAL STEAK
Shoulder
Cuts
lb. 17c
VEAL STEW . lb. 10c
MINCE MEAT ... 2 lbs. 19c
KNIGHT'S KRAUT . . qt 10c
LEG OF LAMB .... lb. 25c
Boned and Tied HAM . lb. 33c
KHlft's. Half or Wtinlf
FRESH FRUITS and VEGETABLES
Local Spinach, extra fancy. . . .3 lbs. 14c
Large Lettuce, crisp, solid .... 2 heads 9c
Klamath Cabbage, fancy solid. . . ,1b. 2c
Bun. Vegetables, local, Ig. bun., 3 for 10c
Utah Celery, large jumbo, each 10c
Fancy Parsnips, long smooth. .4 lbs. 19c
Sweet Potatoes, fey. No. 1 8 lbs. 25c
Banana Squash, good keepers lb. 2c
Local Onions, Sweet Spanish . . 10 lbs. 15c
Danish Squash, serve in halves, 5 for 10c
Cucumbers, local fancy. ..... .5 for 10c
Local Apples, all varieties. . . 10 lb. 25i
Top o the mornin' t'yi ',
Mr. Schilling Coffee. j
Y' gave the "GO" signal j
to a million men this fin,
mornin' me frisky friend.
Schilling
Coffee
One for Percolator anothel
one for Drip or Glass Maker.
WITH THE VALLEY TRADE IS THE VALLEY MA DE BE WISE BUY WISE AND ECONOMIZE AT
Holloway's Reliable Grocery
W. A. H0LL0WAY, Owner.
100 Independent, No Affiliations
PHONE 20
You Can Rely on the Reliable
Peanut Butter 2 lb. jar 27c
COFFEE, Shasta brand, lb. can 27c
SHORTENING, Snowdrift, 3-lb. can 59c
Royal Gelatin, package 5C
Chocolates, Old Fashioned, 2 lbs. 25c
Dill Pickles, No. 2V2 can 15c
Pard Dog Food, 3 for 25c--Doz. . 95c
Wax Paper, large roll 19c
PHONE FOR
FOOD
Just Call
20
It's Euy to Shop
the Reliable Way
Pickles
10
0. H. B. 6 oz. Olasa
Dills, Relish
Sweet, Sweet Mix
and Sour. Ea.
Pint
fcfj25c
Mayonnaise Mixer FREE
Swan's Down
CAKE FLOUR
Bill 2 pkg. 49c
sj ;' fm Large Cake Plate FREE
HOME MADE CANDY
TOWEL and HOLDER SALE
HERE SATURDAY
By the
Trail Home Extonsion Unit
Brooms, each, 89c
Little Lady, B sew
O K Soap
7 bars 25c
m f , I
5 lb. pail 43c
Sunshine Fig Bars, 2 lbs 25c
Sunshine Snaps, 3 for . 29c
Ginger, Chocolate. Lemon or Black Walnut,
Large Boxes
Spinach, Royal Club, 2!2 can, 2 for . . . 29c
Tomato Soup, Campbell's 3 for 25c
St. Beans, Fully Ripe, No. 2 can, 2 for . . 27c
Whole Beets, Crater Lake, No. 2, 2 for . 27c
Peas, Happy Vale, No. 2 can, each. . . 10c
Corn, Meco Golden, No. 2 can, 2 for . . 25c
Crab Meat, Royal Club, can 29c
Shrimp, Sun Blest, can XI c
Lemon Juice, M C. P., 2 cans 25c
Orange Juice, M. C. P., can 1 Qc
BANANAS c
Fancy 4 lbs.
Sweet Potatoes, No. 1
4 lbs. 17c
Celery, Rose City, ex. lg.
2 bunches 19c
All Bunch Vegetables 3 for 10c
CUTTY MEATT R3AEKETT
121 North Central
Phone 324
Free Delivery Any Size Order
They Ask For More When You Serve City-Meats
Leg of Lamb, lb 23c
Shoulder of Lamb, lb. 1 8c
Breast of Lamb, lb. ... 10c
Shoulder of Pork Roast, lb.
Standing Prime Rib Roast, Steer Beef, lb. 20c
Swiss Steak, Steer Beef, pound 25c
HAM
Whole or Hnlf
S8c
Pound
1
20c SJ
A