v SU0 itiinmg Iteratf. I NEWS OF THE WOMB BY THE ASSOCIATED PRISI WEATHER FORECAST Tonight nml Hnlunliiy fnlr, uililur In east port Ion of hIiiIo lonlftlit, Member of the Associated Press. I'lftei-nlli Veitr. Net. Iiatihl KLAMATH 1'ALLH, OIUCOON, VltlDAV, W.CV.MWAV :w, llttl Y y J4i-r ' ' rtuovrrmcMRn t, i 3CHE 3 GOD BESS FORECASTED BY Business Men Should Not Fear to Make Plans, Says Report ...... i )wty 4-iniiunNi nan in imnmerre. New York City) Condition. In (ho United Hlalna today Imllratn that tlin year 1913 la whole will tin mora atlsfactory In business than Km year Juit end oil. Our forecast la that proflla will depend morn on economy of operation than on nipanalon of volume. With tint many favorable faelora now operating, business men should not fear t mako plana for thn new year, but they ahould plan with care and conservatism, and with ronatant effort toward ro tlurllnn of coal. Klnanrlal Improvement continue. Progrca haa lion made In redue lion of exec alocka of manufac tured roihW. Accumulation" of raw material havo been reduced, The rate of production In thn malnr Induatrlra ha, ahown little change' luring the clmlriR wreka of the year. Iiaaea In some llnea havn been olfael lijr Ralna In other", thej xm reauu miing mat lae-galns over 'the low level of the earlier month" of 1931 havn been held Hanking I'li'lllon The laat twelve month hava wit neued ureal proRrraa toward "table financial condition" In bualnem ) Combined Rotd rrervca of the twelve federal reaervn lianka have Inrreaaed by morn than 40 per rent, while discounts for member banka havn dropped 6 ht rent and fed ral reserve nolea In actual circu lation havn declined 2R per cent. The federal reserve ayttem once More pruvta to be a ayatem do signed to rare for Inrreaaea and de rreaaea In the volume of credit, with the ro'ulIU elasticity in dol thla eatlly. Tho hetlerment In the' poaltlon of member bank, while not o atrlklnR, I mivertholua sal (factory. i Notwithstanding tin consistent. Improvement In financial rondl-1 tlonv, recovery In manufacture and trade haa been alo, Unomploy ment In the chief countrlei ahowa little decline from tho high point raacbed early In tho year, and It nay well reach new high fUuree during January and Februsry, when normally there li an Inrreaaa In the number of thoao out of work In North America and Kurope. Man ufactured Roods continue to move alowly and uncertainly Into the channel of consumption, I "Th lUw Material Problem. ' In laat analyil". tho bualncit, of the world reta on a phytic!, not financial Inundation. Failure of' balance between world-wide "tipply of and effectlvn demand for phyalcal Reed forcod the violent ro-iuljust-ment of the laat two year; a re adjustment which will not bo com plete until thla physical biilanro has sain been established, i Tho wool situation Illustrates particularly well tho various fac tora which havn proventod a return to normal condition". It haa con tinued to accumulate, partly because' Central Kuropa has not beon abloj to purchase In tho oxpectcd' anounts, partly bocmiso nn Import-' ant part of tho wool supply Is a by-product, and partly because the building up of flocks la so slow n process that flock-masters reduce them only when they have Riven Up hope ot profits. With curtailment ot production and Increased demand, cotton stockn are showing reduction. Thn short American and Egyptian cotton crops havo served to bring tho world's cotton supply approximately to a pre-war normal. Stocks of hldos. nd skins aro largo In many coun tries, but are moving more freely into consumption. Tho prices of rubber and sugar aro still below the cost of production, Sisal stocks carried over from last year now constitute nearly two-thirds of a normal year's supply, Tho world's wheat production Is In satisfac tory state ot balanco In that there la an adequate supply and a sus tained demand,.' The American farmer, In the face of b now corn crop of 3',1S3,000,000 bushels, Is carrying over 281,000,000 bushels from the record crop or iau. Tbtro I alto nn accumulation In NEW YORK BANK AllMICI) I'OltCKH INVAIIK mh.xican (iiAMiii:u or iii'it'iikh to ijriaii mor MKXH'O (MTV, lire, 30 - Tim Mnxlrnti i liiimlwr nf ilopu- licit nn Invaded today by ) nrmi'il forces fur thn first lime ' In ll history when troop woro rslled to quell HkIiIIiir In thn Rallerlr between faction ym- palhltliig with llin liberal con- stltullunallats nml the nodal democratic liloc BUTTER PRICES DUE FOR TUMBLE AFTER JAN. FIRST Austnallan Importation Nalil Have Cutil Hlnnip In luteal Mnrkrt to lly tho first of the yrar butter will lie selllnR at about 40 rent per pound, according to Allen Ifolromb, of llolcomli A ItlchanUnn. The (lend ing decree I" beginning t how, be ay, butter today nelllng lit 95c for two pound In eniiiinrln to last week'a price of f I 00 for two pound Thl big drop In the butter price, according l.o llolcomli, I caused by tho thound of pound of Austral Ian butter now being shipped Into the United Htatea Thn Klamath Kail market I nut affected directly by thl foreign but. ter, but thn creameries here have their biggest trade In Kan Francisco and I'ortland markets, Itenrn mint meet the price In thnun place. Hot comb iMilnted out, The llolcomli & Itlchsrdacn dolry hlp 30 ten-gallon ran of cream to Han Francisco rarli week, while the Klamath Kail creamery I reporlo.1 to have equally large shipment of cream nut or hern In thn ame length nf time Klamath county with It cream, butter and rhrfcuo shipment I making a fair ly good rornrd a a dairy produre county from 3001 to dflOO pound of cherso leaves the liical depot every week for the Han Frenrlaco market, according to report. WHALE IS RULED-FISH Agr-Old Maputo I HHtlr.1 Tliniugli m-claloa of Jnilgn BAN KIIANOIRCO. Dec 30 The nee-old dltpulo as to whether n whale la flh or tlejh was "settled" here recently by Judgo James V Hinltli nf thn 1'nlted Htales Court of Cu torn Appeals A whnle. iti'rldcd Judge Hinllh, I a fish Thn question arose three month ago with tho arrival hero of a con signment of tinned whale. William II, Hamilton, collector of customs, had the whalo classified a "fish In tins" and order It assessed accordingly. Whereupon the Importer appealed to Ihn Court of Customs Appeals, but It upheld Hamilton. In rendering hi decision, Judgn Hinltli stated that even though scien tists generally agreu thst a whale Is not a fish, tho Tlook of Jonah, V, IT, saya that "tho l.ord prepared a great fish to swallow up Jonah," That great fish, relate Matthew, XII, 40, wit n whnlo. "NKW C1KIIMAN" WANTH NO MOIIK IIKAVV KOOTWKAIt IlKltl.lN, Dec. 30 --Tho "new Herman" wants a lighter, finer font goar than tho heavy shoes tho sol diers woro, according to n report of tho Treasurer to tho Holrhstng, as serting h Inability to dlsposo ot Isrgn stocks of soldiers' shoes which tho ro eminent has on hand. The government's offer to sell tho shoes brought tho re pi) from dealer thst thera was no market for them. An effort w bo made to sell thn shoes to n foreigner purchaser, otbor less well-known commodities. This accumulation ot physical goods Is not a misfortune. It as sures In tho world n supply or cheap food and clothing, and real prosperity has nover rested on any other bnsls. Hut producers ot raw ntatorlala constltuto much mora than half of tho buying power of tho world, andtho conclusion Is In ovltable that the entlro economic structure will gradually adjust Itself to tho raw matorlal markot. WKATIIKR ritOHAIIlMTIKS Tim Cvolo-StormogrnDh at Under- food's Pharmucy has rcglstcrod a, very even barometric pressure tor tno past 34 hours and theroforo no great change In woathor conditions Is ex pected for a llko period. A rather re markablo thing occurred ns to tern pornturn during tho same Interval ot time. Slnco noon of yesterday tho variation has been less than ono de gree. Forecast (or. next. 24 heurs: Continuation of present conditions. 'The Tycds rscprdlng ihermomettr registered maximum and minimum tomtuirnture today ns follews: lllgh -..32 J0.m,iks)UHistl(l MlttMt31 WORLD'S FLYING RECORD BROKEN BYU.S.PILOT Continuous Flight of Over 26 Hours Is Made in Heavy Snowstorm MINKOI.A, N V Dec. 30.A new world record for continuous flying was eatsblished by Kdward Htlnson, pilot of an all-metal mono plane, and Mechanician I.loyd Hort raud,' when they descended today after being In alr 30 hours, 19 mln iltrs snd 3E seconds, They commenced the flight yes torday at 8. 60 a in at" Itoosevelt Meld In a heavy snowstorm. The flyers surpassed tho record of 21 hrilrs, 19 minutes and 7 seconds mndn In France In Juno, I92U, by l.ucleu lloussuulrut and Jean Her ns nl K VOOl'K HTOItK I'NIIKU UH'AI, MA.VAUKMKNf Willi thu advent of the now year I., Illutaky, general mansger of the I.a Vogun chain of stores, hss In augurated a new policy which will place each of their several scores In Oregon and California under tho management of tocsl people. In Klamath Kails, Mrs. CoorEo 11. Ilsrnhart, whoso husband Is well known here In connection with the reclamation service, will lie In charge as general manager, and Mrs Ororgo Fry, whoso husband Is also In tho reclamation service, will direct tho fitting and alteration de partment. Mr. Ooldle Houston will be tho presiding genius ot tho sates, rooms. C. S. TRUSTEES OUSTED tTmrrh Dlrrrtora Hnssorr) Ilasuvl ot 1'ublMilng Company IIOSTON, Dec. 30. The board of directors of the Klrst Church of Chrlat Scientists has announced the removal of the board of traMrrw fit the Christian Srlencu I'ubllshlng so elrty The trustees at tho samo 1 1 m n Insisted thst they still are In oftlro, and that tho fact that their resignations had been offored to the supremo court placed Jurisdic tion solely In tho supreme court's hands. The supremo court recent ly held that tho trustees aro subor dinate to tho directors ot tho Moth er Church. IIIIITII OK DAl'OHTKIl TO HONANZA I'KOI'I.K IIKPOIITKD lllrth ot a baby daughter to Mr. and Mrs. William Hrchdolt at Ho nansa, December 29, Is reported by Dr. It. H. Crnvor THIS WILL MAKE FEW BIDERS ON HAND AT SALE OF DELINQUENT LOTS M) or lllili In Properly Valued nl U7,.174.l:l Onl) Tho Oilier Halt A lurgn autllcmn and few bidders' took psrl In the sale of properties for delinquent paving n ssments, which was advertised for December 32, and which was conducted In front of tho city hall on that dy. Thn mayor, on behalf of tho city, was tho only bidder with thn ox coptlon of but, two others. Tho city's purchases amounted in $27,374.13, and constituted the properties up for sain, mid bid In by Msyor Wilson H, Wiley Lot 3, block ", was bid In by K II. Mo Cornaik. mortgagee, for tho sum of 16(4.99. l-ots 1 and 2, block 74, were bid In by William I'owers for $149.22. BALDWIN OPTIMISTIC llrml of liocoroollvr Works lnik for Impitivrnienl I.IVKItrOOI., Dee 30 Stanley llaldwln, President of the Hoard tit Trsde, has Just told i bo shlpbrokcrs here that Ihero were moro Indications of Improvement than ho roerso In Iho Industrial and financial outlook He was advised that In the United Hlntes Ihcy considered the corner was being turned: In Indlft Iho bottom had been reached f there were signs of revival In Japan whero the slump was first esperlenced, while In the Hrltlsh Dominions and South 'Amer ica the feeling was more plentiful One thing upon which they put ii definite finger wa the fall In food prices The harvests of the world had been good and as n rule plenty of food meant plenty of orders In regard to wage, the concessions generally speaking had been satis fsctory. There was n better spirit and temper In tho country and a greater wlIllnRnes for cooperation and mutual-kelp-lfjhay ronld get through the next yeafwlthout Indus trial tniitisen Iher mlisht look for ward with hope and confidence, Mr ' Tlaldwln said. BIG SAWMILL PLANNED riant of S.V),(KNI Capacity Will Ho Hull! I) Operator J'OIITI.AND. Dec 30. ftewimp Hon ot activity In Northwest timber development Is forecast In tho plans of Charles 8, Keith for opening up of tho Kccles timber tract In Wash ington, Columbia, Clatsop and Tilla mook counties, according to an nouncement made today by W. D, Skinner, traffic manager of tho S, I & S. Through n contract recently en tered Into by thn Oreat Northern and Northern Pacific Hallway companies and Keith tho building ot u lumber mill with n minimum capacity of 250,000 feet dally is guaranteed IT MUCT EASIER FOR IFATE OF FAIR S W TH BOARD OF Governor's Refusal to Add Signature to Measures Creates Impasse HALKM, Die. 30 Tho next move In Ihu Portland 1926 exposition sit uation Is up to tho lair directors as a result ot being placed on file lato yesterday the exposition resolution and tho gasoline tax bill, following thu refusal ot Governor Otcott to sign the bill and refusal of Sec retary of Statu Koicn to rccelvo tho resolution. Courses open to tho directors In cludo court action to test tho ques tion of Iho constitutionality ot tho pasMgu of the .measures by the sen ale, drafting new bills to submit to Iho p-npln by Initiative, or waiting until the next session of tho legis lature Tho Inlllatlvo mcasuro could not bo voted on beforo next November. KAI.K.M, Dec. .10 When lcglsla tlvo clerks lato yesterday took the exposition xuollno tax measure to tho governor1 w'lthoul tho signatures of Itltner or llcan, the governor re fused to sign tho resolution. It was then taken to Secretary of Stato Kuxer's offico In the samo manner, but he refused to rccelvo It. I'OUTLAKD, Dec. 30. Chairman Meier ot tho exposition board an nounced today that ho would call a state-wldo cxecutlro committee next week to decide upon future action. rnii: rou m.kkpimj KtCKNKSH ' IHSOOVKItKO CIIKSTKH. Knc. Dec. Z0A-X euro 'for sleeping sickness has been dls-row-rcd In (iermnny, according to Profeator Now stead, or tho Liverpool University, wlo related how a man who had spent somo years In Africa vcnt to I.lcrpool Phlverslty where ho was found to bo suffering from xlecplng sickness, The man, along with n young modi oli student, was scut to Germany and jiald tho Professor, "with moro credit lo the (ieriuans, ho came home within a month completely cured." Tho Ccrmana, ho'sald, had discov ered a now drug, which had proved Invaluable In tho cure of sleeping sickness KI.KS IIOWMN'O fJ.tMKS 1-1)11 TONIGHT lO.STPOMU The Klks bo ling values scheduled for tonight will bo postponed until u tuturo (Into while the alleys aro being repaired. It was announced to day Tho Monday games will bo play ed acrordlng'lo schedule MANY MAIDENS T IIIIOKKAK KIIIM KAII-S: PIUtylDKXT-TAKIX IHSt'l-: ' virtu stoc'k kaciiamikI NI'.W YOtlK, Dec 30. Knll- uro of K. W. Wagner & com- pany of this city was announced today from the stock exchange ! rostrum. CIIICAdO, III., K, W Wag- tier, President of B. W. Wagner ft company, Issued a statement criticising New York stock ex- change. Hna said tho exchange promised to tako no action until after 2 15 o'clock this after- noon,, but had failed to keep Its promise, His company, ho said, 4 was long on certain stocks which are being closed out, 4 IMPORTATION OF DAIRY CALVES IS TO BE ENCOURAGED Knrm Ilarraa Arrange Shipments Krom Tillamook and Com County Herri With view to developing diversi fied farming In Klamath county, tho farm bureau has made arrangements for securing a shipment of two-week-old bolter calrcs from Coos and Till amook counties. These aires aro from cows producing not less than 300 pounds ot butter fat per year and arc from purebred Holsteln, Jer. soy and Guernsey dairy bulls. "Tho need for more dairying In Klamath county Is recognltcd, and the fsrm bureau will bend every ef fort toward that end," said K. H. Thomas, county agriculturist. "On tho other band, a general demand has decreased the supply ot avail able dairy cows and has made It necessary o pay a premium for them. With this In mind wo shall Import calves and thereby effect a large sav ing."' Front lint Dairy HctiU Tho calves are from the best dairy herds In the counties mentioned and tho cows In these herds have been Under test tor several years, Thomas says. Orders for these calves will be filled by-the owners In the order In which 4)ier are received. The coat, ha says, Is not to exceed $16 a head plus shipping expenses. A deposit ot $6 should accompany the order which should bo sent to tho tsrm bureaU office, and tho order should specify the breed desired. Full information regarding these calrcs has been placed In the hands of all banks in this county as well as the Klamath Palls and Merrill cream erica and tho Matin cheese factory, all ot which aro authorized to accept orders Develop lly DegrwH "It Is our plan to doelop dairy ing by degrees rather than over night,' said Thomas. "Calves from these counties have been brought In tot Klamath county In a small way by Individuals In tho past, and have proven very satisfactory. It a farmer ran spare eight to 10 pounds of whoto milk per hoad a day for two or three weeks, gradually shifting to skim milk and oats, he can raise these rahes very profitably. This seems to bo ono of the most feasable ways of stocking Klamath county with good dairy rattle" R. R FARE LESS JAN. 1 Special Hound Trip R"' Will Be Offrrvtt by Southern rncifio Withdrawal of war tax on railroad transportation January 1, will mean it reduction in transportation costs ot 8 per rent. It was nnnounccd today by J J. Miller, lo:al Southern Pacific agent. Tho Southern Pacific will offer special round trip excursion rates from January 1 to April 30, as fol fel fol eows: San Diego. $68; Los Angeles, J5S.7.-,; Santa liarbara, $52.50. In cluding stopovers. The reduction to ench point will amount to $7. iiitiiMii: or cons to r SPAN COLUMBIA 1HVKH Tho Ilrldge of tho Gods corpora tion, which was roccntly organized to construct a suspension bridge ncross tho Columbia rhcr at Cascade ruplds, is seoklng bids for tho sub structure. Tho 1) rid go will bo 1500 feet long, tho length of the main span to bo 705 feet. Tho brldgo will con nect directly tho Columbia River highway on the Oregon side and the North Hank highway on tho Wash ington sldo. Tho tw'o main towers will be 260 feot in helEht and the main span will be 145 feet above low wator. There Is only tlvo feet difference In the ole- vatlon of the North Bank and Co-f lumbla Rver highways, at the point whero the bridge is being built, which Is tho narrowest place In the Columbia river gorge. . E TO LIMITATION PLANS OF U. S. Auxiliary War Craft WeuM Be 'Limited to 1,000 Tons Displacement t WASHINGTON, D. C, Dee. JO. The American proposal for the llm llatlon ot auxiliary war craft to a maximum ot 1,000 ton displace ment Is understood to havo been virtually agreed upon at this morn ing's session ot the arms confereoca naval committee All delegations accepted tho American proposal except tko French, who, wbllo holding format approval la abeyance, are, cipetta to agreo to the proposal. All powers aro understood to have accepted the additional Amer ican proposal that tuna of axil lary craft be limited to eight lacasM. WASHINGTON, Dec 30. Albert Sarraut, head of the French arms conference delegation, at a meeting today ot the naval committee, declar ed In substance that France was be ginning to be regarded with sus picion by the other powers at the Washington meeting and that this could not go on. WASHINGTON. Dec 30. Presi dent Harding characterised today as "silly" the reports that relations be tween him and Secretary of State Hughes had been greatly strained by developments during the arm negoti ations. FISTIC BOUTS TONIGHT Promoters Believe Fans rTBl See Beal Boxtag All Is In readiness for what the promoters believe will prove, aao at" the best fistic' boats ever seen (a Klamath Falls, which win be staged at McDonald's hall tonight. The main event Will be between Jack Downey, ot San Francisco, and' Karl Ritchie, the popular Klamath Falls heavyweight. Other matehea will bo as follews: Kid Harrington vs. Kid Vincent: Dob Allen vs. Young Ritchie:' Sailor Hall vs. Sailor Child era; and tho usual popular curtain raiser. Young Flttslmmons vs. "Tufty Anderson. Tho Harrington-Vincent match comes as a result of both tighten being dissatisfied with the outcome ot the recent match, and promisee to be a whirlwind affair. Great Interest. has been aroused In the Ritchie Downey match because ot Downey's long record ot ring victories. The preliminaries are scheduled to start at 8:30. SPANISH POUCH SdflfflOV TO REORGAXnR PERU ARSdT LIMA, Peru, Dec 30. A Bpaaksb pollco mission engagod by the govern ment has arrived In Peru to rcorgan lie tho corps of gendarmes through out tho republic. Tho members of this mission aro of the celebrated Spanish corps of the "Henemorlta" member of which havo organised tho gen darmes ot Mexico, Cuba, Uruguay, Costa Rica, Columbia, Salvador and Guatemala. An American naval mission and a French army mission have for some years past had char go of the reor ganisation ot theso two important branches of Peru. SYLVAN CRUMB ARRAIGXKD ,, OX BAD CHKCK CHARdrt Sylvan Crumo. an Indian, Indicted by tho grand Jury on the charge 'of uttcrlns a bad check, yesterday was niralgned In thn circuit eourt and Pleaded guilty. Ills trial I set for the latter part ot January. James Moore, sentenced to two yeara to tho penitentiary, was granted a rolo by Judge Kuykendall. OS) SCHOOL OPEVH MONDAY" The high school and all city schools will open, for buslaeH on Monday morning despite'the holiday. The high school stu- dent body voted to take the Friday before Christmas a a.w holiday, In preference to havtag'O the day oft Monday after New f Years.'It was believed that HV snow on Friday was mafc,si- ter tor coasting than It weald be on Monday. 'Their fMlfht- edness ha been effectively deas- onstrated. ' t . . 4 4 4 4 4 NATIONS AG ' tM tit' ' : -"-j