The Hardin tribune-herald. [volume], May 25, 1934, Page PAGE TWELVE, Image 12

About The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973

Image provided by: Montana Historical Society; Helena, MT

                
PAGE TWELVE
HOLLY SUGAR COMPANY
PAYS DIVIDEND OF $1.75
Report Net Profit of $1,044,564
Uwt Year, More Than Doable
That of Year Ago.
Despite tremendous deductions
lor loss on securities, farm proper
ties and lime quarries, and a re
duction of abandoned plant and
idle properties to salvage value,
the Holly Sugar corporation in the
year ended March 31, 1934, had
net profit of $1,044,564, against
$521,230 the previous year, the an
nual report disclosed Friday, says
the Denver Post of May 18.
As forecast in The Post last
Sunday, the corporation announc
ed a dividend of $1.75 per share,
payable Aug. 1 to preferred stock
holders of record July 15. It was
the first dividend since August,
1930.
"If equally favorable conditions
continue for the next two years,”
President Wiley Blair, Jr., reported
to the stockholders, "it is believed
that all dividends in arrears can
be paid within that time. Until
these dividends have been paid,
the company cannot retire pre
ferred stock thru the sinking
fund.”
The deductions, which were
made for the first time during the
last fiscal year, follow; Securities
to market or nominal value
$139,395.49; farm properties and
lime quarries to realizable value,
$435,563.86; abandoned plant and
idle properties to salvage values.
$698,317.22. This made total de
ductions, $1,273,276.57.
President Blair was optimistic
on the sugar industry situation.
"Enactment of the Jones-Costi
gan sugar bill,” said he, "has put
an end to a year’s uncertainty as
to the government's plans for the
domestic sugar industry. By limit
ing the amount of sugar that can
be sold in the United States,
prices will be stabilized at a level
which should enable both produc
ers and processors to make reas
onable profits.”
Announcement was made that
the Santa Ana Sugar company a
California corporation, 70 per cent
of whose stock was owned by
Holly, has been dissolved and its
assets distributed to its stock
holders. From such distribution,
Holly received, in cash, a dividend
of $62,695 out of earned surplus
and a liquidation dividend of
$97,248, the latter of which has
been used to retire bonds in ac
cordance with terms of the mort
gage. The Holly company, Presi-
Safeway Stores
PRICES EFFECTIVE FRL AND SAT., NAY 25 & 26
Coffee— lb 9Xg»
Edward’s Dependable
RED PITTED CHERRIES /§€h c
Michigan 10-lb. Cans
White King SOAP s bars Oajc
A real hard water soap. om%w
PEACHES No. 2] Cans 9 FOR JQ C
APRICOTS In Syrup M.9M
PORK & BEANS ■* cans OKc
Van Camp.
PEAS 3 CANS QJ c
Custer garden run.
WHOLE WHEAT BISCUIT r*g lie
Kellogg’s
SARDINES e cans O SCc
In oil.
LARD 8-LB. PACKAGE WO C
Swift’s or Armour’s •
OXYDOL LARGE PACKAGE
JAM 5-LB. PAIL ZIT C
“Delicious” •
GREEN BEANS 3 cans OQc
Custer Brand. 0m
STRAWBERRIES Quart 22 c
LEMONS dozen 29 c
NEW SPUDS e pounds 23 c
FRESH TOMATOES pound |Q C
RHUBARB * pounds 0c
JOHN KOEBBE AGAIN WINS
MARBLE CHAMPIONSHIP
More Than 100 Boys Compete in
Annual Grade School
Tournament.
The second annual grade school
marble tournament finals were
played off, Friday, and John Koeb
be defended his title, won last
year, like a real champ. James
Doan took second place, losing two
games out of three to Koebbe.
Raymond Kalberg placed third
and Junior Linn, fourth. The
remaining seven places went to
the following boys: Bob Kenyon,
fifth; "Bud” Tally, sixth; James
Adams, seventh; Jake Tippi,
eighth; William Patterson, ninth;
Bob Kerrick, tenth, and John Zier,
eleventh. The first prize was a
pair of beautiful agates; the sec
ond, a jackknife and agate; the
third, a beautiful agate, and the
fourth a big bag of marbles. The
boys placing fifth to eleventh, in
clusive, were each given a treat
at the Sibley Drug company store.
More than 100 boys took part in
the tournament, which was spon
sored by M. A. Thompson, super
intendent of Hardin school dis
trict No. 17H; R. J. Lindquist,
principal of the Hardin grade
school; H. D. Mosier and the other
teachers of the grade school de
partment.
Notice the advertisement on
page ten of this issue of the Har
din Stampede to be put on by the
Hardin Lions club, during the
first week in July, the rodeo be
ing July 3-4. Watch this paper for
further announcements. This will
be the most spectacular affair of
the kind ever staged in Big Horn
county.
Registration closes Friday, June
dent Blair announced, has also
received 70 per cent of the land
and other assets of Santa Ana
Sugar company. The dissolution
was held desirable to simplify the
corporate structure of Holly Sugar.
President Blair reported produc
tion of refined sugar during the
year amounted to 4,317,227 bags of
100 pounds each, an increase of
907,209 bags or 26.6 per cent over
the previous year.
The consolidated balance sheet
of Holly Sugar corporation and
subsidiaries as of March 31, 1934,
showed current assets of $10,163,-
812 against current liabilities of
$5,703,342. Of the former item
there was cash amounting to
$954,142.
THE HARDIN TRIBUNE-HERALD
SENATOR WHEELER FILES
FOR SENATE RENOMINATION
Enters Democratic Race For a
Third Term in Upper House
of Congress.
Burton K. Wheeler, senior Unit
ed States senator from Montana,
[this week filed with the secretary
of state at Helena, his petition to
succeed himself. He faces the
voters at the Democratic primar
ies on July 17th. The senator in
his announcement says;
“If nominated and elected I will
endeavor to serve the people of
Montana as a whole rather than
limited groups. I shall favor a re
covery program designed not only
to cure the present but to prevent
another such severe industrial de
pression in the futurej be vigilant
in defense of farmers and labor
ers; persevere in my advocacy of
bimetallism and give my best ef
forts to deserving citizens of small
means with the general object in
view of not only maintaining but
bettering the standards of living
for the great ifcass of people. I
have asked that there be printed
after my name on the nominat
ing ballot the following words:
•For Roosevelt; for bimetallism;
for recovery but with necessary
reforms.’ ”
Senator Wheeler was elected at
the age of forty to the senate in
1922 and re-elected in 1928. He
jumped into the national spot
light almost at once by exposing
one of the ugliest scandals in
political history, a scandal that
ended in driving three cabinet
members to private life and one
to prison, and placed again under
federal control the famous Teapot
Dome and Elk Hill oil reserves. He
is classed with the progressive
forces in the senate and has been
vigilant in supporting all legisla
tion affecting the rights of labor.
His most spectacular perform
ance in recent years was the fight
made to remonetize silver. De
scribed as “ the most remarkable
phenomenon in American politics”,
this issue was believed to have
been buried in 1896, after the de
feat of William Jennings Bryan.
For the first time in forty years a
vote was taken in January, 1933,
on a proposal of Senator Wheeler,
then called by many eastern
newspapers “the successor to the
Great Commoner”, but the meas
ure was rejected by the over
whelming score of 18 to 56. Un
daunted. Wheeler went on the
radio and in April. 1933, three
months after the first vote, he
again put forth his silver proposal
and this time the vote was 33 to
48. On the third attempt, the re
sult was 43 to 45 and if pairs are
included 47 to 49. As this is writ
ten. President Roosevelt is report
ed by the press to have agreed to
silver legislation that will call for
a 75 to 25 ratio with gold and
present indications are that the
measure will become law before
the session adjourns.
CANADA TO JOIN IN INTER
NATIONAL WHEAT AGREEMENT
Neighboring Farmers North of
Us Will Co-operate in Low
ering Acreage.
Canada has taken steps to
comply with the International
Wheat Agreement, according to
a report by the foreign service of
the U. S. Department of Agricul
ture, just received by J. C. Taylor,
state director of extension at
Bozeman.
Manitoba, Saskatchewan, and
Alberta, which produce about 95
percent of the Canadian wheat
crop, have passed nearly identi
cal legislation, whereby a market
ing control program will be put
into effect for the 1934 crop, if
estimates show that it will total
more than 385,000,000 bushels.
"Canadian farmers are thus co
operating with the Agricultural
Adjustment Administration pro
gram of farmers of Montana and
other wheat-growing regions of
the United States to hold wheat
supplies to a point which will al
low wheat growers to continue in
business at a profit,” Mr. Taylor
says.
The provincial legislation is so
drafted that it may be fitted into
a national Canadian marketing
program, legislation for which has
been under consideration for some
time at Ottawa.
It is estimated that 385,000,000
bushels is the wheat crop which
normal yields should give on an
acreage 15 percent under the av
erage for the 3-year period, 1931-
33, the period on which the world
wheat agreement is based.
Provincial or joint provincial
and Dominion boards, with broad
prowers, would be formed to ad
minister the program. The legis
lation is to terminate on July 31,
1935. when the wheat agreement
terminates.
Success of the • plan in Canada
is expected to have an important
effect on the world market, as
Canada is the largest exporter.
The Big Horn County Demo
cratic central committee held the
first meeting of the campaign,
Saturday afternoon, at the court
room, there being about 25 pres
ent, some of them from precincts
as far away as Sarpy. Pat Ewing,
county chairman, presided and
Kenneth A. Lewis, secretary, re
corded the minutes.
JOSEPH M. DIXON DIED
TUESDAY AT MISSOULA
Served in Legislature, Both Houses
of Congress, Governor
and in Cabinet.
Joseph M. Dixon, aged 67, who
had served Montana as legislator,
congressman. U. S. senator, and
governor and was first assistant
secretary of the interior in' the
President Hoover cabinet, died at
his home in Missoula, Tuesday ev
ening at 6:15 of heart disease,
from which he had been a suf
ferer more than a year.
Mr. Dixon’s health had begun to
fail at the time of the Hoover-
Roosevelt campaign, but he cam
paigned for his chief in Montana,
at what his friends considered
considerable detriment to his
physical well-being. The addresses
he made in this state in the latter
part of 1932 were his final public
appearances.
Alter this service to the Repub
lican leader, Mr. Dixon returned
to Washington to complete the
Hoover period with the department
of the interior. Secretary Ickes,
the successor to Secretary Wilbur,
retained Mr. Dixon to assist in the
reorganization of the department.
This added service endured until
less than a year ago, when Mr.
Dixon returned to his home here.
The decline of his health was
rapid from then on, although he
rallied frequently.
In 1912 Mr. Dixon was cam
paign manager of the Theodore
Roosevelt Bull Moose party.
Mr. Dixon is survived by his
wife, daughter of a pioneer Mis-
JVe ■■
j®
soula family, and by five daugh
ters; Mrs. Alexander Dean of New
Haven. Conn.. Mrs. Charles Leach
of Vienna, Austria, Mrs. William
Allen of Seattle, Mrs. Ralph Hills
of Baltimore, Mr., Mrs. Marshall
Stearns of New Haven, and Miss
Peggy Dixon, a student at Rad
cliffe college.
Mrs. Leach is on her way home
and was due to land in New York
Thursday of this week.
Joseph M. Dixon came into na
tional prominence in 1912 when
as chairman of the national pro
gressive committee he was active
in furthering the aspirations of
Theodore Roosevelt to a third
term in the White house.
Dixon was then a United States
senator from Montana. Coming to
Missoula, Mont., from South Caro
lina ih 1892, almost immediately
after being admitted to the bar
in that state be became success
ively assistant county attorney,
county attorney, member of the
state assembly, delegate to the 1904
Republican convention, member of
the fifty-eighth and fifty-ninth
congresses and United States sena
tor from 1907 to 1913.
After completing his tenure in
the senate, he returned to Mis
soula, interesting himself actively
in the publication of the Daily
Missoulian, which he then owned
and purchased in Lake county
what was then considered the
most modern dairy farm in the
state.
In 1920 he returned to the po
litical field as a candidate for
governor and was elected. He
served one term during the agri
cultural depression and after one
of the most bitter campaigns in
the state’s history was defeated
for re-election. He then returned
to Missoula and, having disposed
of his newspaper some time before,
engaged in administration of his
considerable property interests in
that city.
Dixon was born in Snow Camp,
N. c., July 31, 1867, a son of Hugn
W. and Sarah Murchison Dixon.
was educated at Earlham
school in Indiana and graduated
as a bachelor of arts from Guil
ford college in North Carolina. In
1896 he was married to Caroline
M. Worden, member of a promi
nent pioneer family of Missoula.
They had six children, all daugh
ters.
As a member of congress, Sena
tor Dixon was chairman of the
committee on conservation of na
tural resources, member of com
mittees on appropriations, civil
service and retrenchment, Indian
affairs, Indian depredations, mili
tary affairs, public lands and the
University of the United States.
At the time of the resignation
of Albert B. Fall as secretary of
the interior, Dixon iggs promin
ently discussed as a candidate for
appointment to the cabinet post.
Exceptionally well read, a close
student of history and a fluent,
PAINT CURIOSITIES by Dr. Henry A.Gardner
VARNISH WAS NAMED AFTER \ )
BERNICE THE QUEEN OF CYRENE .*ff'/>X \ \ Wfj \TotimesV
A PLATINUM BLONDE WHO \
SACRIFICED HER AMBER W \t- jif IT T>KES 3000 lAC
COLORED LOCKS IN BUGS TO SECRETE,
THE TEMPLE OF VENUS ONE POUND OF LAC (THE
\ / SI,BSTANCt USED T 0 MiKt
\ / SHEtUC ) UPON THE HOST
\/ TREE |NDIA produces
j!
IF THE TUNG OIL USED^^ff^-^
ANNUALLY IN THE MANUFAC* 'll
TURE OF PAINT PRODUCTS ' I
IN US WERE FLOATED FROM THE INCREASED LOAN VALUE OF
CHINA IN BARRELS. THERE WELL PAINTED BUILDINGS IS
WOULD BE ONE BARREL EVERY AROUND 77<fc, AN AVERACE OF
200 FEET OF THE 9000 MILES OF OCEAN ' RETURNS FROM BANKERS SHOWS
POISONING OF HOPPERS
PROGRESSING FAVORABLY
Mixing Crews Are Busy at Lodge
Grass, St. Xavier and Hardin,
Preparing Bait.
Poisoning of grasshoppers is go
ing on in several of the communi
ties Of the county where the in
festation is threatening the crops.
Mixing crews are busy at Lodge
Grass, St. Xavier and Hardin pre
paring the poison bait for spread
ing by farmers.
Thus far the grasshoppers are
largely confined to localized areas
in the county. There is very lit
tle danger of damage by the grass
hoppers on the range. There are
not any more than a normal num
ber on the range, except in a few
isolated spots, according to County
Agent Geo. W. Gustafson, who has
made a rather extended survey
over large parts of the county.
. Farmers are urged to poison to
polished speaker, Dixon was re
garded in Montana as one of the
best campaigners the state ever
knew. Since his defeat for the
governorship he had been less ac
tive in politics.
Suggested Items at a Saving
PRICES EFFECTIVE FRI. AND SATURDAY, MAY 25-26
SUGAR HOLLY 25 lb *l-45
HI U C MORRELS PRIDE Ik I SII/.C
_^4JV^3^skinned_»i_OTWhole)__"*^_
CRACKERS Krisples 2 21 b 55<=
Graham ■ Sodas
MACKEREL u,ee Cans 2 CANS 10c
CORN FLAKES 3 FOR 29 '
SYRUP L , sht TZ NO - 10 mL 49®
IL QSc
■*IWE 100 ,lb. Bag $4.98 &&
CBY W S „ T “ SOAP SPECIAL
17 BARS CRYSTAL WHITE SOAP 49c
3 BARS PALMOLIVE SOAP 14c
5 PKGS. GRANULATED SOAP 39c
SUPER SUDS—3 PACKAGES FOR ... 25c
SALT j'oo™.r T 251 b BAG 49®
SPLIT PEAS 1Q C
GARDEN HOSE gggT »2- 69
FRESH FRUITS AND VEGETABLES
LEMONS CALIFORNIA doz. 25®
ORANGES s :™ s 001 17®
GREEN ONIONS ■""* Bun h 8 2®
RADISHES Nice Fresh Bunches £ for SJC
CARROTS BUNCH—Fresh Green t °p sjc
WATERMELONS, STRAWBERRIES, CHERRIES,
CANTALOUPES and all Vegetables at Special Prices
En E p—Wonderful FARM MOVIE SHOW, 2 P. M.
“ K B TUES., MAY 29, AT HARRIET THEATRE
We invite farmers, their families and all those interested
to COME, SEE, HEAR this full length movie drama entitled
“Tom, Dick & Harry Co.” —also comedy, “Ups and Downs”
and educational short. Free tickets at SAWYER’S Store.
FRIDAY, MAY 25, 19X4
protect their own crops from
grasshoppers which hatch out on
the farm or near their immediate
vicinity.
Plenty of poison bait is avail
able for all infested areas, if con
fined to crops.
The cricket control work has
been started in the county under
the direction of Mr. Cowan, fed
eral entomologist. Special camps
under his charge have been es
tablished in the Pryor and Wolf
mountain districts, where cricket
infestations have reached alarm
ing proportions.
WINN HOSPITAL NOTES
t ttttttttttttttttttxnnttttnn
Mrs. Jake Kern anti twin boys
were able to return to their val
ley home, Monday, May 21.
Mrs. Merrll Sweetland of Lodge
Grass underwent a major opera
tion, Monday, May 21.
Mr. and Mts. Fred Donges are
the proud parents of a nine
and one-half-pound baby girl,
born Monday. May 21.
Mrs. Harry Kelsey was admit
ted to the hospital, Monday, May
21.