Morning Oregonian. (Portland, Or.) 1861-1937, May 03, 1906, Page 2, Image 2

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THE MORM5U OKEliOISIAAY THURSDAY, MAY 3, 1906.
PRIZE CREDIT CERTIFICATES
GOOD UflTIL 31 :
Eilers Piano House Extend Time Limit Another Month
ENSE SLUMP
MM
STORE OPENS AT li"r B m i f w ' STORE CLOSES AT
.M- Qlbs 'VflfpiAti & firlG -
The "Different" Store II V - 1 YIVl 5th, 6th and Wash. Sts.
IM STOCK PRICES
Sixteen Days to the "Made in Oregon" Exposition--Portland, May 19-26 Inclusive
Most Spectacular Since the
Noted Northern Pacific
Panic of 1901.
INTERESTING MID-WEEK FEATURES OF
THE GREAT MAY-WEEK SALE !
Demonstration Sale Also Continued
Prices Greatly Reduced
LOWEST PRICES OF YEAR
stampede to Vnload at Any Price
Bejrtns at Opening and Continues
Through Day No Cause for
Tanlc . Is Known.
NEW YORK, May 2. Not since the
Nurthern Pacific panic of May 9, 1901, hag
there been such a. -spectacular decline In
prices on the Stock Exchange as there
was today. Heavy, selling, almost regard
less of the prices offered, began with the
opening of the market and from that time
till near the close tne tone generally was
week. There were rallies from time to
lime, when the bears bought stocks to
cover the sales they had made at higher
.prices when some strong financial inter
ests sent In buying orders to protect shares
in which they were interested, xut eaoh
rally except the .last one. Just before 3
o'clock, was followed by a resumption of
ilia selling movement. The day's trad
ing was extremely heavy, rising to the
total of 2.440.000 shares. Nearly 700.000
shares changed hands In the first hour
of trading.
Decline Bcglng at Opening.
Considerable excitement marked the
opening of the exoliange. Yesterday's late
decline had prepared the brokers for
lower prices and heavy transactions to
day, and the attendance on the floor was
very large. It was known that the com
mission houses had heavy orders to dip
pose of securities as early as possible and
also that there were forced sales to be
made where customers carrying on
Tnarfrin had failed to respond to calls for
more funds.
New Low Records for Year. -
Within a few minutes after the trading
began, stocks touched new low records for
the year. There was much' confusion as
It seemed that every broker had orders
to sell and was anxious to get rid of his
mocks without a moment's delay. At first
the Interest centered in the half dozen
stocks which have been the market lead
ers for some time past. Anaconda, which
closed last night at 246, opened at 234
mid immediately sold at 232, a loss of 14
points. Northern Pacific, which closed
yesterday at 190, opened at 188 and on a
"running sale" sold at 1S6. IBS, then back
to 186 and 187. Amalgamated copper
opened at 99 to 99 as compared with
inn at the close yesterday, and Union
.Paeiflc. which ended yesterday at 142-,
're-t aniMaraft tnrinv nt HI 111: 14(1
Anaconda was the subject of much
imment. Today s opening price or 232
ns 68 points below the high price ot
year, which was made on February
Twelve months ago the stock sold
low as lOO'-i. - ;
Rally, Then Another Slump.
Tier1 the first ten minutes there was
,'ir-slzed. rally on covering by shorts.
I h carried St. Paul above yesterday's
nig price and the others from 1 to 2
us above the low, but soon after 11
lick there was another violent slump.
eh carried prices in many instances
f er than ever. Copper broke 'through
The weakness grew more pronounced
: ing the second hour, when Union Pa
c was hammered down below 139,
nelter bolow 1S9. Reading down to 115.
;naconda below 230. Amalgamated Cop
below 98 and Steel preferred 102.
, :vt noon support, oeeuieu 10 nave ueen
itlrely withdrawn, and there was ab-i-Jlute
demoralization. Nobody seemed to
f want stocks at any price and they were
thrown over so fast that the ticker tape
was from five to ten minutes behind In
reporting the sales. There was another
rally at 12:15. but this was followed by
k drive against Reading, which carried
it down to 112. After 2 o'clock it ap
peared that there was no further liquida
tion In sight and prices rallied to the
Dost or tne aay.
No Definite Cause Known.
There was no definite news to account
for the heavy selling and consequent col
lapse In prices. "Wall street heard many
rumors of bear pools formed to depress
prices, of alleged financial difficulties and
of alleged impairment of confidence In
the value of some of the securities listed
on the exchange, but nothing developed
to give substance to any of these reports.
Klectrle Fireworks In Xew York.
NEW YORK. May 2. An electric spark
that was generated In an unknown man
ner ignited the gas in a conduit near the
corner of Twenty-Ihlrd street and First
avenue last night.' and the explosion that
followed ' suggested ah earthquake and
caused a grand electrical, display. A po
liceman was thrown ten ' feet away into
the gutter. Two other policemen were
shaken nearly off their feet, and three
young women were Jammed against a
building, one suffering a severe cut In
the head. Firemen turned two streams
of water into the conduit, and the water
conducted electricity to all the paving
blocks around, and lor five minutes men
Jumped into the air whenever' a stray
flash came toward them.
1 roquols -Theater Bankrupt.
CHICAGO, May !. The Iroquois Theater
Company of Chicago was placed In the
hands of a receiver at Jersey City today.
The company confessed to no assets and
liabilities of $2,000,000 In damage suits,
tiled by scores of people after the burning
.if the theater in Chicago In December,
The- merchandise creditors have been
paid out of the proceeds of the sale of
the theater to the Metropolitan Theater
Company.
Inquesl Ordered on Mrs. Muenther.
CAMBRIDGE, Mass.. May 2. An in
quest into the death of Mrs. Leone
Muenther, wife of Professor Erich Muen
ther. for whom the police are searching,
was1 ordered today.
Traces of arsenical poisoning are said
to ha.ve been found at the autopsy re
cently held.
. J nMira nee Election December 18.
ALBANY. N. Y.. May 2. Elections of
the. four mutual life Insurance companies
n-ganlxed under the laws of this state
will be postponed until December 18. as
tt will take till then for the companies
to compile and file a list of policy-holders.
Mrs-- Ingrahani Heads Daughters.
PHILADELPHIA. May 2. The Na
tional Convention of the Daughters of
the American Revolution closed to
day. Mrs. n. Phoenix Ingrsham was
elected president.
When Eilers Piano House launched the great Publicity Word
Contest, not the remotest idea was entertained that so many people
would participate. After the contest was ended, on March 15, the
enormous total of 23,000 lists had been submitted. For this reason
it was impossible for the judges to check over and award the prizes
on the date anticipated. Consequently, many contestants residing in
remote districts did not receive their prizes -until the latter part of
April, practically affording them no opportunity of taking advantage
of them before the expiration date. Many contestants Went to quite
an expense in preparing their lists, but circumstances would not per
mit their availing themselves of the fine prizes that they won, in the
short time allotted. Many requests have been - received for more
time in order to avail themselves of the privileges to be derived under
their Prize Credit Certificate. In order to treat one and all alike, our
Board of Directors decided to extend all . certificates one more
month, making them applicable on any new high-grade piano, until
May 31, 1906. , '
Remember, Credit Certificates represent just that much in
actual cash when purchasing an instrument at Eilers Piano House,
and they will be accepted on any new high-grade piano, even down
to the plainest-cased instruments, the regular retail price of which
is $375, but which are being sold during the Demonstration Sale
for $265: V" ;' - ?
Prices Greatly Reduced
Here only are found the time-honored Chickering, oldest in
America, and best in the world; the world-famous Weber; the popu
lar Kimball, Hobart M. Cable, Schumann, Steck, Hazelton, Pease,
Bush & Gertz, and over thirty other standard makes.
Remember, new pianos that heretofore retailed for $375, now
$265, payable at $6.00 a month; the elaborate cased, beautiful $475
styles, now $322, at $7.00 a month ; the fanciest $485 styles, now $335,
at $8.00 a month; the strictly highest-grade and costly $650 styles,
now $485 at $12.00 a month. Eilers Piano House, the Largest and
Most Reliable Piano and Organ Dealers, 351 Washington Street.
HEYBURN VERY ILL
Senator Has Renewed Attack
of Appendicitis. ,
DISREGARDS HIS DOCTORS
Suffers Helapsc Because He Persists
In Attending to Business Quar
rels With Doctors and
Nurses Frequently.
OREGONIAN XEWS BUREAU. Wash
ington, May 2. From a reliable source
It 13 learned that Senator Heyburn's con
dition has taken a turn for the worse
and Is serious, if not critical. Despite
all efforts to conceal the facts, it Is
learned that Mr. Heyburn has appendi
citis. He was improving, but disregarded his
doctors' orders and insisted upon contin
uing business. Today, however, he was
permitted to see his private secretary.
Mr. Heyburn had violent quarrels with
his doctors and nurse and repeatedly
countermands their orders, suffering in
consequence.
OREGOX MAY MAKE CEMENT
Scarcity Turns Attention of Govern
ment to Resources.
OREGONIAN NEWS BUREAU. Wash
ington. May 2. Because of a shortage of
cement in Oregon and other Northwest
ern States, the Reclamation Service and
private buildings have experienced diffi
culty in carrying out building projects,
except at excessive cost. Many complaints
have been received at Washington, and a
recommendation has been made that spe
cial legislation should be enacted to en
able American contractors and builders
to utilize cement from Europe, It being
understood that foreign cement can be
bought much cheaper than home produce,
provided no tariff duty intervenes. Sen
ator Fulton ha.? been notified that there
are several deposits of limestone and
clay in Oregon suitable for the manufac
ture of cement and hae the promise of the
Geological Survey to make prompt analy
sis f samples of the Oregon material
thaf will be submitted for test. It i be
lieved that cement can be manufactured
in Oregon away below -present market1
prices, provided the materials are adapt
ed to this use. These tests will be- made
without charge.
Homesteads In Forest Reserves.
OREGONIAN NEWS BUREAU, Wash
ington, May 2. The. Senate public
lands committee today favorably reported
the House bill permitting the homestead
lng of agricultural lands in forest re
serves. The bill will probably pass. The
committee also considered the bill recent
ly passed by the House permitting the
consolidation of coal entries in Alaska
in tracts of not over 1280 acres. The
committee is inclined to believe this bill
will lead to graft and will probably
amend it to permit consolidation up to
640 acres.
Survey Idaho-Montan Lines.
OREGONIAN NEWS BUREAU, Wash
ington. May 2. Secretary Hitch
cock today recommended an appropria
tion of $15,000 to complete the survey of
the Idaho-Montana boundary. Four
hundred and fifty miles have been already
surveyed; 160 miles are yet to be surveyed.
Recommends Moomaw Again.
OREGONIAN NEWS BUREAU, Wash
ington, May 2. Senator Fulton to
day recommended the reappointment of
David Moomaw as Postmaster of Baker
City.
WILLIAMS MAY FILIBUSTER
Determined to Force Conference Re
port on Statehood.
WASHINGTON. May 2. The conferees
on the statehood bill have not yet reached
For Coughs
and Colds
There is a remedy oyer sixty years
old Ayer's Cherry Pectoral. Of
course you have heard of it, probably
have used it. Once in the family.it
stays; the one household remedy for
coughs and colds. Ask your own
doctor about : it. Do as he says.
We have no secrets We publish
the formulas of all our medicines,
aU4 j the 3. O. Arr Co.. IwU, Km.
Also MsaaOMtnxwa mt
ITER'S HATS TIGOft For the hair. ITER'S PILLS For esistiprtios.
ATSR'S SAKSAPAXIU.A For the MM. ATBR S AGUE CURB For malaria ill iU.
Special Thursday Values
THE NEW IN WOMAN'S REALM
The Suit Salons on second floor are a perpetual demonstration of style features, exclusiveness and perfec
tion in workmanship, coupled with extreme moderation in prices NEW ARRIVALS IN VERY LATEST ADAPT
ATIONS New Silk Suits, "Rainbow" plaited dress skirts, silk Eton Jackets, smart linen Suits, swell riding
habits and skirts. .....
See the New "College" Blouse Waist o o
Ours the first store in the city to show these chic, exquisite novelties. Theater and Cafe Wraps in charming
variety at extremely modest prices. The garment salons are a grand exposition of fashion these days, and prices
here are lower than at stores of lesser style reputation and smaller output. '.
Women's Pretty Undermuslins
Good as You'd Make at Home at Less Than You'd Pay Elsewhere
The May -Week Bargains Are Well Worth Sharing. A Notable Sale.
Everything is dear, and the prudent woman has to plan as never before.
There are two ways of making money go a long way First, to watch for the
bargains of Chehighest class stores, which gives one's money, in many cases,
double buying power. Second, to jump at the baits of "cheap" stores and be
come possessed of stuff that neither wears nor looks well, or, if it looks good at
first, does not hold its good looks. That course is much like throwing your
money to the winds. The success of the OLDS, WORTMAN & KING Store is
won thro real value giving, ihe success of the May
Week Under muslin Sale" is only one example of the sort
of "business building" the store is engaged in. Every
quotation is a superlative value. . . -
Annex Second Floor.
$2 Cambric or Muslin Petticoats $1.47 .
Six distinct, styles in women's fine Cambric or Muslin Petticoats,
with deep flounces, trimmed in embroidery or lace insertions and.
wide edging or deep and extra full flounce of fine lawn ; deep hem
and three clusters of six fine tucks each; lengths 38 to 44. Regular
.price $2.00; special, each. $1.47
85c Corset Covers 64c
Fourteen distinct styles of Corset Covers, of fine nainsook or cambric,
low, round or square neck, full front, trimmed in Valenciennes or
Torchon lace and embroidery insertion and edging, beading and
draw ribbon ; sizes 34-44. Regular price 85c ; special at, each 64
Women's 85c Drawers 67c
Six distinct styles of women's Drawers of fine nainsook, cambric or
, muslins, trimmed in Torchon lace, insertion and edging or fine em
broidery and clusters of fine tucks; sizes from 23 to 27. Regular
price 85c; special, pair ... . ....67
Women's $2 Gowns $1.42
Six distinct styles of women's Gowns of fine nainsook, cambric or
muslin ; high, low, round or square and V-shaped neck, with yoke
or bishop style; elbow or full-length sleeves; trimmed in Valen
ciennes lace or embroidery edging and insertion; fine tucks, bead
ing and silk' wash ribbons ; sizes from 14 to 19. Regular price
$2.00; special, each $1.42
BEAUTIFULLY
Decorated Dinner Sets
IN THE MAY SALE Third Tloor.
A large part of special purchases made by our
china buyer during his last Eastern trip are
just now coming in from the china centers of
Europe and America. The sale is strong full
of vigorous values as you'll note from fol
lowing items.
DECORATED DINNER SETS.
Austrian China Dinner Sets; decorated border
pattern: small pink flower; screen spray; traced
gold handles and knobs; fancy shapes.
)-piece set; regular value J14.25:
special i S11.50
100-piece set; regular vatue $20.00;
special $16.50
112-piece set; regular value J22.50;
special S1S.T5
117-piece set; regular value. 929.00;
special 923. OO
" HAVILAKD CHINA DINNER SETS.
Decoration pink roses, with green spray and
leaves: full gold border pattern.
60-piec6 set; regular value IS3.65;
special S22.SO
100-piece set; regular value $45.35;
special 830.2K
112-piece set; regular value $50.75;
special S33.90
117-piece set; regular value $62.00:
special - 941. SO
HAY1LAND CHINA DINNER SETS.
Decoration pink flowers, with little blue deli
cate spray; slipped gold border handles and
knobs.
Si-piece set; regular value $38.75;
special S29.35
100-piece set; regular value $45.76;
special 39.00
112-piece set: regular value $51.15;
special -843.65
117-piece sew- regular value $63.40;
rpecial ,r..: 54.00
HAVILAKD CHINA DINNER SETS. .
Decoratltin delicate pink and. blue spray, with
light shading of gilt; double, gold border; gold
hanxjles-.artd knobs.
-60-pieco . set; regular 'value $38.j0:
. special 831. OO
100-plecei set; - regular value $51.00;
special 43.50;
112-piece set; regular value $57.10;
special S48. 60
117-piece set; regular value $70.50;
special 60.40
Every docorated China Dinner Set reduced.
Hundreds to select from.
OUR MOST IMPORTANT SALE OF
JVeu; Silks and "Smart
ish" Dress Stuffs
Fifth-Street Annex First Floor.
Another group of values of the sort that has
given this store the greatest silk trade in all the
Northwest. . If you've been in the store this
week you've noted how busy we are there's
reason for it, more than one similar to these :
Special for Thursday
$1.0 BEXC ALINES, 68c.
Hundreds of yards of pure Silk and Wool Faille
Bengaline the best value ever offered at $1.30
per yard; durable and good color line to choose
from; special, per yard 69
S1.25 NOVELTY SUMMER SUIT SILKS, 8e.
Hundreds of yards of Novelty Suit Silks in both
light and dark grounds, with floral, Dresden,
broche effects; also a large assortment of neat
stripes and checks; our regular $1.25 grade;
special, per yard 86
TEMPTING SPECIALS ON
HANDSOME BLACK TAFFETAS.
23 inches wide; regular $1.10 grade; special only,
per yard " - 83c
V inches wide", regular $1.25 grade: special only,
per vard - 89c
36 inches wide; regular $1.50 grade: Olds, Wort
man A King special; special only, per
yard - 11.19
SUPERB SHADES IN DELICATE COLORINGS.
RICH TAFFETAS SPECIAL.
White. Ivorv. Cream and Deep Cream Taffetas;
the best values offered in town at 85c per yard;
special Thursday only, per yard 6S?
IRRESISTIBLE VALUES.
HANDSOME ENGLISH JTOHAIRS.
Imported English Mohair in Sicilian and Bril
Ilantine weaves in every new and wanted
shade these durable, dust-resisting fabrics at a
big saving. .
Regular $1.00 grade; special, for yard 82
Regular $1.25 grade; special, for yard
Regular $1.53 grade;- special, for yard 91.21
Ivory and Cream, shades are included as above.
Dependable Black Panamas
1, 1.25 VALUES, 84c YARD.
48 and 50-inch All Pure Wool Fast Black Pana
ma the most wanted fabric known; regular
$125 and $1.00 values; special at, yard... 84
"Variety Shop" Bargains
"Variety's the very spice of life,
That gives it all its flavor. "
COWPBR.
SPECIAL THURSDAY.
5c Curling Irons; special - ...3
20c card best Ball and Socket Snap Dress Fasten
ers: special 12
10c cube white-headed Toilet Pins; special.. 6
Pair 10c wide Shoe Iaces; special...." 6
Pains light-weight white Summer Dress Shields;
special lO
20c Whisk Brooms; special 7... 12
19c jar Petroleum Jelly or Vaseline; special. 12
6c cake Kirk's Witch Haiel . Toilet Soap:
special 3,
Williams' 5o round cake Shaving Soap;
special " 3
25c bar Jersey Lily White Floating Castile Soap;
special 15
15c Plain White Crepo Paper Napkins 100 in
package; special, package 9
25c box Japanese Twilled Linen Writing Paper;
special 12
6c bottle Le Page'B Oold Medal Mucilage:
special . 3
15c light-weight transparent Bye Shades; spe
cial lO
Women's 60c fine quality nickel-plated scissors;
6, Shi and 7-inch; special, pair 30
New Arrivals, Hosiery
Women's and Children's
FIRST FLOOR.
MISSES' HOSIERY.
Just received a new line of Misses' pink, blue,
black and tan Hose, with embroidered boot:
per pair 50
WOMEN'S HOSIERY.
Women's Hose in plain gray lisle and gray
Mercerized lisle; at, per pair 50 and 60
EXTRA SPECIAL THURSDAY.
WOMEN'S 26C HOSE, 18C.
Women's black cotton fancy striped boot Hose;
Women's fancy striped lace tan Hose; Wo
men's black and white lace Hose: Women's
black Hose with fancy stripe, and Women's
black lace Hose all of these 25c values;
special at, per pair 18
Children's white and tan Hose; fine ribbed: sizes
6 to 9; values to 20c; special, any size at,
per pair 15
Children's fine white lisle Hose; seamless;
splendid values at, per pair 25
Royal Worcester
Corsets
Annex Second Floor.
The Corset heautiful. The Corset that gives
the figure grace and symmetry. The Corset that
conforms to nature. The Corset that promotes
good health while it is imparting style. The
Corset that is built by a Corsetiere of years of
experience on hygienic as well as form-moulding
lines. The Corset that is pre-eminently
correct and proper for slim and medium
waists, as well as those inclined to be stout.
The one Corset that never fails to give the
highest degree of satisfaction.
SPECIAL THURSDAY.
$3 Royal Worcester Corsets
1.89
Royal Worcester .
Corset of pink -or
blue and
white brocade,
lace and ribbon
trimmed,
medium high
bust, deep
Princess hips,
velvet grip hose
supporters at
sides and front;
sizes 18 to 26.
Regular price $3,
Special, pair,
$1.88.
till
the main point of difference that of ad
mitting Arlaona and New Mexico. '
John Sharp Williams, minority leader
of the House, who seeks to hasten a re
port on the bill by filibustering, is now
considering the desirability of demanding
a quorum of tne iouse ior- an
transacted until the statehood bill Is reported.
LAKE SHIPPING TIED UP
Strike of Longshoremen General
From Duluth to Lake Erie.
DETROIT, May 1 Dispatches from
lake Michigan and Lake Erie porta Indi
cate that there has been an almost unani
mous response among the local unions to
the order of President Keefe. of the Long
shoremen, Marine and Transport Workers'
Association, to strike.
It is impossible, however, to get from
the officials of the union even an esti
mate of the number of men out. Unoffi
cial estimates set the figure at 20.000.
BUFFALO, Msy 2. The strike of long
shoremen put . an effective embargo on
Lake Erie commerce yesterday, and today
it is expected traffic will stop at all upper
lake ports.
All unions amiiatea witn tne longsnore
men have either quit or made prepara
tions to quit work. There are about 5000
men Idle.
That number will be vastly Increased
when 'industries which are dependent
upon lake commerce for, supplies are
compelled to cease operations.
CLEVELAND, May 2. Aside from the
big passenger steamers from Buffalo and
Detroit, which came In on schedule time,
no vessels entered this port during the
early hours of today.
The fleet of ore carriers anchored in
the outer harbor waa largely augmented
during the night, and this morning fully
25 vessel were lying off this port.
DULUTH, Minn., May J. The marine
strike has thus far had no effect In Du
luth beyond the tielng up of the tugs of
the Great Lakes Company.
None of the orev grain or freight
handlera are Identified with the long
shoremen, hence all boats are loaded as
they come to the docks.
The channels in this harbor are such
that by exercising a little care boats can
move without tugs, and this they are
doing.
MILWAUKEE. May 2. It is estimated
that about 40 vessels are tied up in Mil-
waukee today and that 800 men are idle
as a result of the longshoremen's strike.
CHICAGO, May 2. The strike of the
longshoremen has not so far resulted
In stopping business In thia city toany
great extent. .
jftmmttr jfH (Drtfrymtmit.
Coupon Free Yellowstone Park Trip
(NATION'S WONDERLAND)
ALONG THE COLUMBIA RIVER, THROUGH BOISE- AN
SALT LAKE. VIA O. R. & N.
One Vote for.
THIS COUPON MUST BE VOTED ON OR
BEFORE MAY 10, 1906